Civic Intelligence

Tsbs Inc.

990 • Fiscal year 2011 • EIN 72-0019332

Jul 01, 2010 to Jun 30, 2011 • Filed on Dec 22, 2011

Organization Profilegsblsu.org

View Organization Page

4273 Highland Road70808
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.13x

Higher debt load relative to assets than 40% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets40th percentile

Assets

$8,992,826

No earlier filing loaded for comparison.

Net Assets

$7,858,657

No earlier filing loaded for comparison.

Liabilities

$1,134,169

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,900,503

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $8,992,826Liabilities 2011: $1,134,169Net Assets 2011: $7,858,6572011Assets 2012: $8,795,055Liabilities 2012: $809,346Net Assets 2012: $7,985,7092012Assets 2013: $9,852,172Liabilities 2013: $841,634Net Assets 2013: $9,010,5382013Assets 2014: $11,471,295Liabilities 2014: $764,085Net Assets 2014: $10,707,2102014Assets 2015: $11,772,677Liabilities 2015: $754,687Net Assets 2015: $11,017,9902015Assets 2016: $11,465,520Liabilities 2016: $691,298Net Assets 2016: $10,774,2222016Assets 2017: $12,503,341Liabilities 2017: $651,798Net Assets 2017: $11,851,5432017Assets 2018: $13,428,102Liabilities 2018: $603,478Net Assets 2018: $12,824,6242018Assets 2019: $13,592,654Liabilities 2019: $75,915Net Assets 2019: $13,516,7392019Assets 2020: $11,277,075Liabilities 2020: $114,027Net Assets 2020: $11,163,0482020Assets 2021: $10,399,338Liabilities 2021: $220,704Net Assets 2021: $10,178,6342021Assets 2022: $7,766,024Liabilities 2022: $75,715Net Assets 2022: $7,690,3092022Assets 2023: $6,627,545Liabilities 2023: $61,975Net Assets 2023: $6,565,5702023Assets 2024: $6,193,102Liabilities 2024: $38,567Net Assets 2024: $6,154,5352024Assets 2025: $6,605,189Liabilities 2025: $32,597Net Assets 2025: $6,572,5922025

Highlighted filing

2011

Assets$8,992,826
Liabilities$1,134,169
Net Assets$7,858,657
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,900,5032011Revenue 2012: $2,191,173Expenses 2012: $1,851,153Net Income 2012: $340,0202012Expenses 2013: $1,967,8332013Revenue 2014: $2,977,591Expenses 2014: $2,055,864Net Income 2014: $921,7272014Revenue 2015: $3,093,303Expenses 2015: $2,097,451Net Income 2015: $995,8522015Revenue 2016: $2,500,953Expenses 2016: $2,157,502Net Income 2016: $343,4512016Revenue 2017: $2,622,928Expenses 2017: $2,092,951Net Income 2017: $529,9772017Revenue 2018: $3,662,134Expenses 2018: $2,157,913Net Income 2018: $1,504,2212018Revenue 2019: $2,710,938Expenses 2019: $2,507,035Net Income 2019: $203,9032019Revenue 2020: $1,933,880Expenses 2020: $1,414,965Net Income 2020: $518,9152020Revenue 2021: $756,527Expenses 2021: $1,738,548Net Income 2021: -$982,0212021Revenue 2022: $2,757,747Expenses 2022: $2,190,243Net Income 2022: $567,5042022Revenue 2023: $2,456,850Expenses 2023: $2,167,630Net Income 2023: $289,2202023Revenue 2024: $2,453,515Expenses 2024: $2,368,212Net Income 2024: $85,3032024Revenue 2025: $2,917,097Expenses 2025: $2,578,534Net Income 2025: $338,5632025

Highlighted filing

2011

Revenue-
Expenses$1,900,503
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Dec 22, 2011
Return Version
2010v3.2
Gross Receipts
$2,320,430
Mission and Program Overview

Mission

Tsbs is an educational institution for the banking industry providing classroom training to banking industry personnel in a wide variety of financial related matters.

Filing and Contact Details

Filer

EIN
72-0019332
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0Accounting for the uncertainty of tax positions can impact the financial statements. Even though the School is exempt from income taxes, The School must still consider whether its exempt income and other activities of the School might be determined to be unrelated business income, and whether the School has properly maintained its tax exempt status. FASB ASC 740 (previously FIN # 48 ), published by the Financial Accounting Standards Board, addresses the issue of accounting for the uncertainty of material tax positions impacting the financial statements. The Officers have adopted the provisions of FASB ASC 740 effective June 30, 2009. The accounting for all material positions taken, or expected to be taken, on any income tax return is governed by FASB ASC 740. Income tax returns include those positions that were filed or that should have been filed with Federal taxing authorities. It is the Officers' policy to assess all material postions taken on any federal income tax return. The Officers will require its legal and tax counsel to communicate to them all such uncertain tax positions in order to evaluate the impact of the tax position and the reporting and disclosure required. The requirement will apply to not only the current reporting year but also to all prior open reporting years that could still be subject to examination by a taxing authority. The Officers have determined that any material uncertain tax positions that are presented to the Officers will be recognized and measured using a" more-likely-than-not ", (MLTN) threshold. The MLTN threshold means that;1. A benefit related to an uncertain tax position may not be recognized in the financial statements unless it is MLTN that the position will be sustained based on its technical merits, and 2. There must be more than a 50 % likelihood that the position would be sustained if challenged and considered by the highest court in the relevant jurisdiction.Measurement of any uncertain tax position will require calculating the cumulative probability of an outcome either for or against the tax position. The tax benefit of a qualifying position is the largest amount of tax benefit that is more than 50 % likely to be realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Initial recognition of an uncertain tax position will require continued reassessment of the tax position on an annual basis. As of each year end any unresolved uncertain tax postions must be reassessed, and the Officers must determine whether;1. the factors underlying the sustainability assertions have changed and,2. the amount of the recognized tax benefit is still appropriate.Developments such as case law, changes in tax law, new rulings or regulations issued by taxing authorities, could affect whether a tax position should be recognized or the amount that should be reported. The School will be required to accrue interest and penalties that, under present tax law, the School would incur if the uncertain tax position ultimately were not sustained.For the year ending June 30, 2011, no uncertain tax positions were determined to exist.
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IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis082459
IRS990ScheduleD/OtherLiabilities/Amount01
IRS990ScheduleD/OtherLiabilities/Amount1802818
IRS990ScheduleD/OtherLiabilities/Amount229920
IRS990ScheduleD/OtherLiabilities/Description0Rounding
IRS990ScheduleD/OtherLiabilities/Description1Defined Benefit Plan
IRS990ScheduleD/OtherLiabilities/Description2Deferred Tuition Income
IRS990ScheduleD/RevenueNotRptdF9900951679
IRS990ScheduleD/RevenueNotRptdOnFinStmt061342
IRS990ScheduleD/RevenueSubtotal02259088
IRS990ScheduleD/TotalAdjustments01005726
IRS990ScheduleD/TotalExpenses01900503
IRS990ScheduleD/TotalExpensesPerForm99001900503
IRS990ScheduleD/TotalOfAmounts0832739
IRS990ScheduleD/TotalOfBookValueLandBuildings0835028
IRS990ScheduleD/TotalOfBookValueSecurities0741750
IRS990ScheduleD/TotalRevenue02320430
IRS990ScheduleD/TotalRevenuePerForm99002320430
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01839161
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt03210767
IRS990ScheduleE/ComplianceWithRevProc75500true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies0false
IRS990ScheduleE/DiscriminateRaceAthleticProg0false
IRS990ScheduleE/DiscriminateRaceEducPolicies0false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty0false
IRS990ScheduleE/DiscriminateRaceOtherActy0false
IRS990ScheduleE/DiscriminateRaceScholarships0false
IRS990ScheduleE/DiscriminateRaceStudentsRights0false
IRS990ScheduleE/DiscriminateRaceUseOfFclts0false
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0No tracking of race of any student/faculty/staff is performed. Racially, non-discriminatory policies are in place. No fundraising activities are used.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1Organization does not advertise by media or newspaper but rather relies on its ongoing relationship with the financial institutions it serves. The Organization's Website is the main media source for informing the public of the organization's courses and instructors and it is within this website that the organization's nondiscriminatory policy is disclosed.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/GovernmentFinancialAidReceived0false
IRS990ScheduleE/GovernmentFinancialAidRevoked0false
IRS990ScheduleE/MaintCopiesOfAllSolicitations0true
IRS990ScheduleE/MaintCopiesOfBrochuresEtc0true
IRS990ScheduleE/MaintRacialCompositionRecords0false
IRS990ScheduleE/MaintScholarshipsRecords0false
IRS990ScheduleE/NondiscriminatoryPolicyStmt0true

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$8,992,826
Liabilities
$1,134,169
Net assets
$7,858,657
Revenue
-
Expenses
$1,900,503
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.61$0.03$6.57$2.92$2.58$0.34
2024Detailed filing. Detailed filing data is available for this year.$6.19$0.04$6.15$2.45$2.37$0.09
2023Detailed filing. Detailed filing data is available for this year.$6.63$0.06$6.57$2.46$2.17$0.29
2022Detailed filing. Detailed filing data is available for this year.$7.77$0.08$7.69$2.76$2.19$0.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.22$10.2$0.76$1.74$0.98
2020Detailed filing. Detailed filing data is available for this year.$11.3$0.11$11.2$1.93$1.41$0.52
2019Detailed filing. Detailed filing data is available for this year.$13.6$0.08$13.5$2.71$2.51$0.20
2018Detailed filing. Detailed filing data is available for this year.$13.4$0.60$12.8$3.66$2.16$1.50
2017Detailed filing. Detailed filing data is available for this year.$12.5$0.65$11.9$2.62$2.09$0.53
2016Detailed filing. Detailed filing data is available for this year.$11.5$0.69$10.8$2.50$2.16$0.34
2015Detailed filing. Detailed filing data is available for this year.$11.8$0.75$11.0$3.09$2.10$1.00
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.76$10.7$2.98$2.06$0.92
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.85$0.84$9.01$1.97
2012Summary only. Only limited summary data is available for this year.$8.80$0.81$7.99$2.19$1.85$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.99$1.13$7.86$1.90