Civic Intelligence

Twilight Wish Foundation

990 • Fiscal year 2017 • EIN 73-1670060

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 03, 2017

PO Box 1042Doylestown, PA 18901

(215) 230-8777

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

51st percentile

3.5%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

60th percentile

8.3%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-7.9%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$106,909

Up $8,196 (+8.3%) from 2016

Net Assets

Up

$85,033

Up $13,344 (+19%) from 2016

Liabilities

Down

$21,876

Down $5,148 (-19%) from 2016

Revenue

Down

$382,278

Down $32,807 (-7.9%) from 2016

Expenses

Down

$368,934

Down $37,621 (-9.3%) from 2016

Net Income

Up

$13,344

Up $4,814 (+56%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2012: $79,849Liabilities 2012: $127,627Net Assets 2012: -$47,7782012Assets 2013: $88,287Liabilities 2013: $117,384Net Assets 2013: -$29,0972013Assets 2014: $90,390Liabilities 2014: $74,592Net Assets 2014: $15,7982014Assets 2016: $98,713Liabilities 2016: $27,024Net Assets 2016: $71,6892016Assets 2017: $106,909Liabilities 2017: $21,876Net Assets 2017: $85,0332017Assets 2018: $122,384Liabilities 2018: $5,311Net Assets 2018: $117,0732018Assets 2019: $152,435Liabilities 2019: $5,338Net Assets 2019: $147,0972019Assets 2020: $529,935Liabilities 2020: $39,981Net Assets 2020: $489,9542020Assets 2022: $545,720Liabilities 2022: $33,798Net Assets 2022: $511,9222022Assets 2023: $562,234Liabilities 2023: $20,234Net Assets 2023: $542,0002023Assets 2024: $588,907Liabilities 2024: $10,849Net Assets 2024: $578,0582024

Highlighted filing

2017

Assets$106,909
Liabilities$21,876
Net Assets$85,033

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $559,494Expenses 2012: $550,692Net Income 2012: $8,8022012Revenue 2013: $532,068Expenses 2013: $513,387Net Income 2013: $18,6812013Revenue 2014: $408,640Expenses 2014: $363,745Net Income 2014: $44,8952014Revenue 2016: $415,085Expenses 2016: $406,555Net Income 2016: $8,5302016Revenue 2017: $382,278Expenses 2017: $368,934Net Income 2017: $13,3442017Revenue 2018: $388,909Expenses 2018: $356,869Net Income 2018: $32,0402018Revenue 2019: $427,372Expenses 2019: $397,348Net Income 2019: $30,0242019Revenue 2020: $661,803Expenses 2020: $318,946Net Income 2020: $342,8572020Revenue 2022: $496,809Expenses 2022: $583,741Net Income 2022: -$86,9322022Revenue 2023: $580,579Expenses 2023: $545,748Net Income 2023: $34,8312023Revenue 2024: $581,808Expenses 2024: $545,750Net Income 2024: $36,0582024

Highlighted filing

2017

Revenue$382,278
Expenses$368,934
Net Income$13,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 3, 2017
Return Version
2016v3.0
Gross Receipts
$397,016
Mission and Program Overview

Mission

Our mission is to honor and enrich the lives of seniors through

Our mission is to honor and enrich the lives of seniors through intergenerational Twilight Wish celebrations. Our vision is to impact cultural behavior by inspiring the way our society views aging to make our world a nicer place to age, one Twilight Wish at a time. Total wishes granted since inception: 2664

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,828$104,693▲ $9,865
Inventories for Sale or Use$2,305$2,216▼ $89
Land, Buildings, and Equipment, Net$1,280--
Total Assets$98,713$106,909▲ $8,196
Other Assets Total$300--
Liabilities
Accounts Payable and Accrued Expenses$16,899$18,551▲ $1,652
Mortgage Notes Payable Secured by Investment Property$10,125$3,075▼ $7,050
Other Liabilities-$250-
Total Liabilities$27,024$21,876▼ $5,148
Net Assets / Fund Balance
Unrestricted Net Assets$52,453$71,448▲ $18,995
Temporarily Rstr Net Assets$19,236$13,585▼ $5,651
Total Net Assets Fund Balance$71,689$85,033▲ $13,344
Total Liabilities and Net Assets / Fund Balance$98,713$106,909▲ $8,196

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,553-
Equipment-$31,504-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Catherine ForkinChairperson
Jennifer EllsworthVice-Chair
Barbara TraubDirector
James CiervoDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$363,278
Program Service Revenue
$0
Investment Income
$152
Other Revenue
$18,848
All Other Contributions
$363,278
Change in Net Assets
$13,344

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeReported Amount
Other Non Cash Contri Table$229,695
Total Noncash Contributions$229,695

Audited Revenue Reconciliation

Revenue per Audited Statements
$394,480
Revenue Not Reported on Financial Statements
$-12,202
Other Revenue Adjustments
$-12,202
Total Revenue per Audited Statements
$394,480
Total Revenue per Form 990
$382,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$288,923
Salaries, Compensation, and Employee Benefits$40,665
Other Expenses$39,346
Total Fundraising Expense$6,684
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$288,923--$288,923
Other Salaries and Wages$30,845$2,545$2,903$36,293
Occupancy$6,177$12,159$581$18,917
Fees for Services Accounting$4,250$350$400$5,000
Payroll Taxes$3,720$302$350$4,372
Insurance$2,731$225$257$3,213
Office Expenses$1,778$146$169$2,093
Travel$1,652$136$155$1,943
Advertising$0$0$1,869$1,869
Other Expenses$0$1,575$0$1,575
Interest$0$1,324$0$1,324
Depreciation Depletion$0$1,280$0$1,280
Total Functional Expenses$340,076$22,174$6,684$368,934

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$381,136
Total Expenses per Audited Statements$381,136
Total Expenses per Form 990$368,934
Expenses Not Reported on Financial Statements$-12,202
Other Expense Adjustments$-12,202
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,342
Fundraising Direct Expenses$12,202
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bike Race$12,385$12,385$495$11,890
Golf Outing$11,200$11,200$822$10,378
Total Events$23,585$23,585$11,635$11,950
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Twilight Wish Foundation
EIN
73-1670060
Phone
2152308777
Address
PO Box 1042, Doylestown, PA 18901

Signing Officer

Name
Catherine Forkin
Title
Chairperson
Phone
2152308777
Signed
2017-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Forkin
Formed
2003
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
82

Preparer

Firm
Cherie Degon CPA
Address
87 PARK PL, ORELAND, PA 19075-1116
Preparer
Cherie L Degon CPA Mba
Phone
2152375115
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A draft is submitted to the board prior to filing for review.

Pt VI, Line 12C

The board members review the policy for compliance annually.

Pt VI, Line 15A

The board members review all compensations annually.

Pt VI, Line 15B

The board members review compensations annually.

Pt VI, Line 19

Upon request.

Financial Statement Notes

Pt XI, Line 4B

Fundraising expenses are netted on Form 990 and are not netted in the audited financial statements

Pt XII, Line 4B

Fundraising expenses are netted on Form 990 and are not netted in the audited financial statements

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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04038
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013640
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99490
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02303245
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0392620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0436554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0539842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0406199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0528030
IRS990ScheduleA/Total509Grp/TotalAmt02303245
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02317247
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031504
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt031504
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-12202
IRS990ScheduleD/ExpensesSubtotalAmt0381136
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-12202
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01553
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-12202
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-12202
IRS990ScheduleD/RevenueSubtotalAmt0394480
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising expenses are netted on Form 990 and are not netted in the audited financial statements
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising expenses are netted on Form 990 and are not netted in the audited financial statements
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt0368934
IRS990ScheduleD/TotalLiabilityAmt0250
IRS990ScheduleD/TotalRevenuePerForm990Amt0382278
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0394480
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0381136
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011635
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Bike Race
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01609
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01609
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012385
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023585
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012385
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023585
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011950
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01102
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt0622
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01724
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01317
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0495
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0822
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03610
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt02875
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt06485
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Simple Needs:Household Items
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Simple Needs: Personal Care
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Simple Needs:Misc Necessities
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Living Life to Fullest:Adventures
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4Celebrating a Life:Adventures
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt017229
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt115548
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt27151
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt327653
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt41104
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Furniture, Appliances
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Hearing Aids, Dentures, Wheel Chairs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2Food, Clothing, Headstones
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc3Trips, Family Reunion, Sporting Events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc4Trips, Family Reunions, Sporting Events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt042
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt2108
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt331
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt45
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc3FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc4FMV/Cost
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Program Related Items
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0229695
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0A third party vendor is utilized to sell donated vehicles when received
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 32b
IRS990ScheduleM/ThirdPartiesUsedInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft is submitted to the board prior to filing for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board members review the policy for compliance annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board members review all compensations annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board members review compensations annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/StatesWhereCopyOfReturnIsFldCd1AZ
IRS990/StatesWhereCopyOfReturnIsFldCd2NY
IRS990/StatesWhereCopyOfReturnIsFldCd3NJ
IRS990/StatesWhereCopyOfReturnIsFldCd4IL
IRS990/StatesWhereCopyOfReturnIsFldCd5NM
IRS990/StatesWhereCopyOfReturnIsFldCd6NJ
IRS990/StatesWhereCopyOfReturnIsFldCd7CA
IRS990/StatesWhereCopyOfReturnIsFldCd8NH
IRS990/StatesWhereCopyOfReturnIsFldCd9IN
IRS990/StatesWhereCopyOfReturnIsFldCd10AL
IRS990/StatesWhereCopyOfReturnIsFldCd11MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt019236

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