Civic Intelligence

Twilight Wish Foundation

990 • Fiscal year 2018 • EIN 73-1670060

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 17, 2018

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

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

60th percentile

8.2%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

1.7%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$122,384

Up $15,475 (+14%) from 2017

Net Assets

Up

$117,073

Up $32,040 (+38%) from 2017

Liabilities

Down

$5,311

Down $16,565 (-76%) from 2017

Revenue

Up

$388,909

Up $6,631 (+1.7%) from 2017

Expenses

Down

$356,869

Down $12,065 (-3.3%) from 2017

Net Income

Up

$32,040

Up $18,696 (+140%) from 2017

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

2018

Assets$122,384
Liabilities$5,311
Net Assets$117,073

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

2018

Revenue$388,909
Expenses$356,869
Net Income$32,040
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 17, 2018
Return Version
2017v2.2
Gross Receipts
$398,508
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 the 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 inceptions: 2798

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,693$113,623▲ $8,930
Land, Buildings, and Equipment, Net-$6,321-
Inventories for Sale or Use$2,216$2,182▼ $34
Accounts Receivable-$258-
Total Assets$106,909$122,384▲ $15,475
Liabilities
Accounts Payable and Accrued Expenses$18,551$5,061▼ $13,490
Mortgage Notes Payable Secured by Investment Property$3,075--
Other Liabilities$250$250→ $0
Total Liabilities$21,876$5,311▼ $16,565
Net Assets / Fund Balance
Unrestricted Net Assets$71,448$106,521▲ $35,073
Temporarily Rstr Net Assets$13,585$10,552▼ $3,033
Total Net Assets Fund Balance$85,033$117,073▲ $32,040
Total Liabilities and Net Assets / Fund Balance$106,909$122,384▲ $15,475

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,725$2,078-
Equipment$1,596$25,113-
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$375,440
Program Service Revenue
$0
Investment Income
$171
Other Revenue
$13,298
All Other Contributions
$375,440
Change in Net Assets
$32,040

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$220,495
Other Non Cash Contri Table$8,128
Total Noncash Contributions$228,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$275,437
Salaries, Compensation, and Employee Benefits$42,985
Other Expenses$38,447
Total Fundraising Expense$6,906
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$275,437--$275,437
Other Salaries and Wages$34,113$2,300$1,916$38,329
Occupancy$6,153$11,564$346$18,063
Fees for Services Accounting$4,450$300$250$5,000
Payroll Taxes$4,144$279$233$4,656
Advertising$0$0$3,808$3,808
Insurance$2,857$193$160$3,210
Office Expenses$1,891$127$107$2,125
Travel$1,374$93$77$1,544
Interest$0$1,317$0$1,317
Depreciation Depletion$0$1,244$0$1,244
Other Expenses$0$1,089$0$1,089
Conferences and Meetings$167$11$9$187
Total Functional Expenses$330,586$19,377$6,906$356,869
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,517
Fundraising Direct Expenses$8,421
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$16,613$16,613$378$16,235
Total Events$16,613$16,613$6,272$10,341
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
2018-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Forkin
Formed
2003
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
85

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/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0691
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01708
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01801
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03652
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02441
IRS990ScheduleA/OtherIncome509Grp/TotalAmt010293
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99500
IRS990ScheduleA/PublicSupportPY509Pct00.99400
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02171683
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0396468
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0392620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0436554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0539842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0406199
IRS990ScheduleA/Total509Grp/TotalAmt02171683
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02182509
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01596
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025113
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt026709
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04725
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02078
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt06803
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit
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/TotalBookValueLandBuildingsAmt06321
IRS990ScheduleD/TotalLiabilityAmt0250
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06272
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02261
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02261
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016613
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016613
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016613
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016613
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010341
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0642
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0642
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0378
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0378
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02991
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02991
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/NonCashAssistanceAmt018746
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt114146
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt24942
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt311331
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt4101
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/RecipientCnt028
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt335
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt43
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01544
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Exp Reimburse
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01544
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CATHERINE FORKIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Chairperson
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt01544
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Program Related Items
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Program Related Services
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt08128
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1220495
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/BOYAmt013585
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010552

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