Civic Intelligence

Twilight Wish Foundation

990 • Fiscal year 2022 • EIN 73-1670060

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 10, 2022

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

62nd percentile

0.06x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.07x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

61st percentile

$30,289

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

49th percentile

1.5%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2022

Revenue Growth

24th percentile

-13%

Faster revenue growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2022

Assets

Up

$545,720

Up $15,785 (+3.0%) from 2020

Net Assets

Up

$511,922

Up $21,968 (+4.5%) from 2020

Liabilities

Down

$33,798

Down $6,183 (-15%) from 2020

Revenue

Down

$496,809

Down $164,994 (-25%) from 2020

Expenses

Up

$583,741

Up $264,795 (+83%) from 2020

Net Income

Down

-$86,932

Down $429,789 (-125%) from 2020

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

2022

Assets$545,720
Liabilities$33,798
Net Assets$511,922

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

2022

Revenue$496,809
Expenses$583,741
Net Income-$86,932
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$496,809
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$423,027$327,452▼ $95,575
Investments Other Securities$185,942$179,165▼ $6,777
Land, Buildings, and Equipment, Net$21,056$33,455▲ $12,399
Inventories for Sale or Use$2,182$2,182→ $0
Total Assets$637,173$545,720▼ $91,453
Other Assets Total$4,966$3,466▼ $1,500
Liabilities
Other Liabilities$22,340$33,798▲ $11,458
Unsecured Notes Loans Payable$9,444--
Accounts Payable and Accrued Expenses$6,535--
Total Liabilities$38,319$33,798▼ $4,521
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$588,704$505,074▼ $83,630
Net Assets With Donor Restrictions$10,150$6,848▼ $3,302
Total Net Assets Fund Balance$598,854$511,922▼ $86,932
Total Liabilities and Net Assets / Fund Balance$637,173$545,720▼ $91,453

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,622$41,242$46,864
Buildings$27,833-$27,833
Other Assets Org$1,012--
Other Securities$179,165--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Peter StinsonExec Director$30,289$30,289

Board Members and Trustees

NameTitle
James CiervoChairman
Catherine ForkinCVO & Vice Chairperson
Annabelle WoodMember
Jack ReganMember
Ruth Anne WoodSecretary
Mary Mannix MeisterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$475,623
Program Service Revenue
$0
Investment Income
$-5,774
Other Revenue
$26,960
All Other Contributions
$475,623
Change in Net Assets
$-86,932

Audited Revenue Reconciliation

Revenue per Audited Statements
$496,809
Total Revenue per Audited Statements
$496,809
Total Revenue per Form 990
$496,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$282,451
Salaries, Compensation, and Employee Benefits$184,365
Other Expenses$116,925
Total Fundraising Expense$36,189
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$282,451--$282,451
Other Salaries and Wages$118,038$16,664$4,166$138,868
All Other Expenses$2,308$28,110$7,027$37,445
Current Officers, Directors, Trustees, and Key Employees$25,747$3,635$909$30,291
Occupancy$15,616$2,204$551$18,371
Advertising$13,112$1,851$463$15,426
Payroll Taxes$12,925$1,825$456$15,206
Fees for Services Accounting$5,536$781$195$6,512
Office Expenses$4,229$597$149$4,975
Insurance$3,818$539$135$4,492
Depreciation Depletion-$2,450-$2,450
Travel$1,647$233$58$1,938
Other Expenses$803$113$28$944
Interest$8$2-$10
Total Functional Expenses$488,262$59,290$36,189$583,741

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$583,741
Expenses per Audited Statements$331,877
Total Expenses per Form 990$331,877
Expenses Not Reported on Form 990$251,864
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,960
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$26,960$26,960$21,981$4,979
Total Events$26,960$26,960$21,981$4,979
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease payable - long term$15,688
Lease payable - current$12,145
Accrued payroll$5,715
Security deposit$250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990 governing body review Part VI line 11

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

Conflict of interest policy compliance Part VI line 12C

The board members review the policy for compliance annually.

CEO executive director top management comp Part VI line 15A

The board members review all compensation annually.

Other officer or key employee compensation Part VI line 15B

The board members review all compensation annually.

Form 990 availability to public Part VI line 18

Upon request.

Governing documents etc available to public Part VI line 19

Upon request.

Filing and Contact Details

Filer

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

Signing Officer

Name
Catherine Forkin
Title
CVO & Vice Chai
Phone
2155340402
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
65

Preparer

Firm
Charles W Browning CPA LLC
Address
1003 Valley Road, Warminster, PA 18974
Preparer
Charles W Browning CPA
Phone
2153802864
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IRS990/PYOtherRevenueAmt09663
IRS990/PYRevenuesLessExpensesAmt098659
IRS990/PYSalariesCompEmpBnftPaidAmt081372
IRS990/PYTotalExpensesAmt0410978
IRS990/PYTotalRevenueAmt0509637
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-86932
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0496809
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0502583
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0490336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0661630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0427191
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0396468
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02478208
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-6074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt019301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0173
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0180
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0171
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013751
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-6074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt019301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0180
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013751
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0691
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0692
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99420
IRS990ScheduleA/PublicSupportPY509Pct00.99060
IRS990ScheduleA/PublicSupportTotal509Amt02478208
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0502583
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0490336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0661630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0427191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0396468
IRS990ScheduleA/Total509Grp/TotalAmt02478208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0496509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0509637
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0661803
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0427372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0397330
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02492651
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt027833
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027833
IRS990ScheduleD/DonatedServicesUseFcltsAmt0251864
IRS990ScheduleD/EquipmentGrp/BookValueAmt05622
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041242
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046864
IRS990ScheduleD/ExpensesNotReportedAmt0251864
IRS990ScheduleD/ExpensesSubtotalAmt0331877
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1954
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21012
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Refund receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Security deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2prepaid rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt315688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease payable - current
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accrued payroll
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Lease payable - long term
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0179165
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EXCHANGE TRADED FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt0496809
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033455
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03466
IRS990ScheduleD/TotalBookValueSecuritiesAmt0179165
IRS990ScheduleD/TotalExpensesPerForm990Amt0331877
IRS990ScheduleD/TotalLiabilityAmt033798
IRS990ScheduleD/TotalRevenuePerForm990Amt0496809
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0496809
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0583741
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021981
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026960
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026960
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026960
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04979
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021981
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021981
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Simple Needs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Living Life to Fullest
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Celebrating a Life
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0See Supplemental Information
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Trips family reunionsSporting events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2Trips Dinners Sporting events
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMVCost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMVCost
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMVCost
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt020331
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt1231533
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0PROGRAM RELATED ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1PROGRAM RELATED SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
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 compensation annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board members review all compensation annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AL

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