Civic Intelligence

Twilight Wish Foundation

990 • Fiscal year 2019 • EIN 73-1670060

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 30, 2019

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

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

58th percentile

7.0%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$15,383

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

9.9%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$152,435

Up $30,051 (+25%) from 2018

Net Assets

Up

$147,097

Up $30,024 (+26%) from 2018

Liabilities

Up

$5,338

Up $27 (+0.5%) from 2018

Revenue

Up

$427,372

Up $38,463 (+9.9%) from 2018

Expenses

Up

$397,348

Up $40,479 (+11%) from 2018

Net Income

Down

$30,024

Down $2,016 (-6.3%) from 2018

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

2019

Assets$152,435
Liabilities$5,338
Net Assets$147,097

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

2019

Revenue$427,372
Expenses$397,348
Net Income$30,024
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$427,372
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: 3124

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,623$143,699▲ $30,076
Land, Buildings, and Equipment, Net$6,321$6,554▲ $233
Inventories for Sale or Use$2,182$2,182→ $0
Accounts Receivable$258$0▼ $258
Total Assets$122,384$152,435▲ $30,051
Liabilities
Accounts Payable and Accrued Expenses$5,061$5,088▲ $27
Other Liabilities$250$250→ $0
Total Liabilities$5,311$5,338▲ $27
Net Assets / Fund Balance
Unrestricted Net Assets$106,521$132,640▲ $26,119
Temporarily Rstr Net Assets$10,552$14,457▲ $3,905
Total Net Assets Fund Balance$117,073$147,097▲ $30,024
Total Liabilities and Net Assets / Fund Balance$122,384$152,435▲ $30,051

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,854$14,663-
Equipment$2,700$14,236-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary FarrellDirector Comm RelationsPT$15,383$15,383
Michelle BowrenDirector Wish MngtPT$14,804$14,804
Catherine ForkinChairperson-$1,338$1,338

Board Members and Trustees

NameTitle
James CiervoVice Chair/Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$382,670
Program Service Revenue
$0
Investment Income
$180
Other Revenue
$44,522
All Other Contributions
$382,670
Change in Net Assets
$30,024

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,372
Total Revenue per Audited Statements
$427,372
Total Revenue per Form 990
$427,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$249,334
Other Expenses$94,667
Salaries, Compensation, and Employee Benefits$53,347
Total Fundraising Expense$29,755
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$249,334--$249,334
All Other Expenses$76$31,940$8,460$40,476
Current Officers, Directors, Trustees, and Key Employees$25,535$4,729$1,261$31,525
Other Expenses$0$0$17,871$17,871
Occupancy$14,429$2,671$713$17,813
Other Salaries and Wages$13,164$2,438$650$16,252
Payroll Taxes$4,511$836$223$5,570
Fees for Services Accounting$4,114$761$203$5,078
Insurance$2,650$490$131$3,271
Advertising$2,267$420$112$2,799
Office Expenses$1,545$287$76$1,908
Depreciation Depletion$0$1,707$0$1,707
Travel$1,110$205$55$1,370
Interest$0$294$0$294
Conferences and Meetings$0$115$0$115
Total Functional Expenses$318,755$48,838$29,755$397,348

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$397,348
Total Expenses per Audited Statements$397,348
Total Expenses per Form 990$397,348
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,189
Gaming Gross Income$1
Gaming Direct Expenses$0
Professional Fundraising Fees$0
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
2019-10-30
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 Degon CPA
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.

Form 990, Part IX, Line 24E

Staff Appreciation 94. 76. 14. 4.

Form 990, Part IX, Line 24E

Licenses 215. 0. 215. 0.

Form 990, Part IX, Line 24E

Other Volunteer Services 40167. 0. 31711. 8456.

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/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0180
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0180
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0713
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0691
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01708
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01801
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03652
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07853
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99610
IRS990ScheduleA/PublicSupportPY509Pct00.99500
IRS990ScheduleA/PublicSupportTotal509Amt02192675
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0427191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0396468
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0392620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0436554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0539842
IRS990ScheduleA/Total509Grp/TotalAmt02192675
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02201241
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/BookValueAmt02700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014236
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016936
IRS990ScheduleD/ExpensesSubtotalAmt0397348
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014663
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt018517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit
IRS990ScheduleD/RevenueSubtotalAmt0427372
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/TotalBookValueLandBuildingsAmt06554
IRS990ScheduleD/TotalExpensesPerForm990Amt0397348
IRS990ScheduleD/TotalLiabilityAmt0250
IRS990ScheduleD/TotalRevenuePerForm990Amt0427372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0427372
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0397348
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt10
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt20
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Simple Needs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Living Life to Fullest
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Celebrating a Life
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt063566
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt117546
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt24192
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0See Supplemental Information
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Trips, Family reunions, Sporting Events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2Trips, Dinners, Sporting Events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0276
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt133
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt24
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV/Cost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV/Cost
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Simple Needs Items included furniture, appliances, household items, hearing aids, dentures, lift chairs, etc.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
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/TotalBalanceDueAmt00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt010089
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt1211409
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Program related items
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Program related services
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/ExplanationTxt5Staff Appreciation 94. 76. 14. 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses 215. 0. 215. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other Volunteer Services 40167. 0. 31711. 8456.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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