Civic Intelligence

Twu Local 100 Widows and Orphans Fund

990 • Fiscal year 2014 • EIN 83-0377035

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

195 Montague Street 9th FloorBrooklyn, NY 11201

(212) 873-6000

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.08x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Net Margin

96th percentile

67%

Higher net margin than 96% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

2014 filings • NTEE P • $1M-$5M nonprofits • Source year 2014

Asset Growth

95th percentile

75%

Faster asset growth than 95% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

281%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,383,322

Up $593,690 (+75%) from 2013

Net Assets

Up

$1,276,975

Up $515,452 (+68%) from 2013

Liabilities

Up

$106,347

Up $78,238 (+278%) from 2013

Revenue

Up

$775,057

Up $571,831 (+281%) from 2013

Expenses

Up

$259,605

Up $196,683 (+313%) from 2013

Net Income

Up

$515,452

Up $375,148 (+267%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $457,403Liabilities 2010: $36,370Net Assets 2010: $421,0332010Assets 2011: $566,659Liabilities 2011: $43,309Net Assets 2011: $523,3502011Assets 2012: $670,758Liabilities 2012: $49,539Net Assets 2012: $621,2192012Assets 2013: $789,632Liabilities 2013: $28,109Net Assets 2013: $761,5232013Assets 2014: $1,383,322Liabilities 2014: $106,347Net Assets 2014: $1,276,9752014Assets 2015: $1,545,894Liabilities 2015: $53,840Net Assets 2015: $1,492,0542015Assets 2016: $1,335,401Liabilities 2016: $82,392Net Assets 2016: $1,253,0092016Assets 2017: $1,276,754Liabilities 2017: $34,931Net Assets 2017: $1,241,8232017Assets 2018: $1,270,954Liabilities 2018: $67,971Net Assets 2018: $1,202,9832018Assets 2019: $1,248,317Liabilities 2019: $54,123Net Assets 2019: $1,194,1942019Assets 2020: $1,318,876Liabilities 2020: $49,246Net Assets 2020: $1,269,6302020Assets 2021: $1,168,878Liabilities 2021: $38,357Net Assets 2021: $1,130,5212021Assets 2022: $1,059,565Liabilities 2022: $78,062Net Assets 2022: $981,5032022Assets 2023: $1,070,062Liabilities 2023: $24,571Net Assets 2023: $1,045,4912023Assets 2024: $782,012Liabilities 2024: $36,876Net Assets 2024: $745,1362024

Highlighted filing

2014

Assets$1,383,322
Liabilities$106,347
Net Assets$1,276,975

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $164,907Expenses 2010: $22,151Net Income 2010: $142,7562010Expenses 2011: $75,9712011Expenses 2012: $73,9102012Revenue 2013: $203,226Expenses 2013: $62,922Net Income 2013: $140,3042013Revenue 2014: $775,057Expenses 2014: $259,605Net Income 2014: $515,4522014Revenue 2015: $494,998Expenses 2015: $279,919Net Income 2015: $215,0792015Revenue 2016: $362,724Expenses 2016: $601,769Net Income 2016: -$239,0452016Revenue 2017: $283,074Expenses 2017: $294,260Net Income 2017: -$11,1862017Revenue 2018: $262,584Expenses 2018: $301,424Net Income 2018: -$38,8402018Revenue 2019: $262,564Expenses 2019: $271,353Net Income 2019: -$8,7892019Revenue 2020: $282,027Expenses 2020: $206,591Net Income 2020: $75,4362020Revenue 2021: $14,708Expenses 2021: $153,817Net Income 2021: -$139,1092021Revenue 2022: $131,861Expenses 2022: $280,879Net Income 2022: -$149,0182022Revenue 2023: $380,217Expenses 2023: $316,229Net Income 2023: $63,9882023Revenue 2024: $11,292Expenses 2024: $311,647Net Income 2024: -$300,3552024

Highlighted filing

2014

Revenue$775,057
Expenses$259,605
Net Income$515,452
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$775,057
Mission and Program Overview

Mission

To provide assistance to families of members who died while on duty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$789,632$1,354,572▲ $564,940
Rtn Earn Endowment Incm Other Fnds$761,523$1,276,975▲ $515,452
Prepaid Expenses and Deferred Charges-$28,750-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$789,632$1,383,322▲ $593,690
Liabilities
Other Liabilities$3,392$54,298▲ $50,906
Accounts Payable and Accrued Expenses$24,717$52,049▲ $27,332
Total Liabilities$28,109$106,347▲ $78,238
Net Assets / Fund Balance
Total Net Assets Fund Balance$761,523$1,276,975▲ $515,452
Total Liabilities and Net Assets / Fund Balance$789,632$1,383,322▲ $593,690
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$775,057
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$737,557
Change in Net Assets
$515,452

Audited Revenue Reconciliation

Revenue per Audited Statements
$775,057
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$775,057
Total Revenue per Form 990
$775,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$185,737
Other Expenses$73,868
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$185,737--$185,737
Fees for Services Legal-$63,000-$63,000
Fees for Services Accounting-$10,400-$10,400
Fees for Services Other-$468-$468
Total Functional Expenses$185,737$73,868$0$259,605

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$259,605
Total Expenses per Audited Statements$259,605
Total Expenses per Form 990$259,605
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$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
Due to Local 100$54,298
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

A Trustee will review the return prior to filing.

Form 990, Part VI, Section B, line 15

The organization does not have payroll costs.

Form 990, Part VI, Section C, line 19

Documents available upon request

Filing and Contact Details

Filer

Filer Name
TWU Local 100 Widows & Orphans Fund
EIN
83-0377035
Phone
2128736000
Address
195 Montague Street 9th Floor, Brooklyn, NY 11201

Signing Officer

Name
John Samuelsen
Title
Secretary Treasurer
Phone
2128736000
Signed
2015-11-13

Organization Details

Principal Officer
Earl Phillips
Formed
2003
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Rogoff & Company Pc
Address
355 LEXINGTON AVENUE, NEW YORK, NY 10017-6603
Preparer
Abdellatif Elmaghrabi
Phone
2125575666
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1:

The Fund's financial statements are prepared on a modified cash basis, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America (GAAP). This basis of presentation differs from GAAP in that certain revenues are recognized when received rather than earned while certain expenses are recognized when the obligation is incurred. Specifically, the variance from GAAP includes the omission of contributions receivable; such variance is presumed to be material. However, similar to financial statements prepared in accordance with GAAP, these financial statements reflect accrued and deferred expenses. The accompanying financial statements are not intended to present the financial position and results of operations in conformity with accounting principles generally accepted in the United States of America.

Financial Statement Notes

Part X, Line 2:

ASC Topic 740, Income Taxes, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and provides guidance on derecognition, classification, interest and penalties, disclosure, and transition. Management believes that no such uncertain tax positions exist for the Fund at December 31, 2014.

Raw XML Appendix350 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/BooksInCareOfDetail/PhoneNum02128736000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0195 Montague Street 9th Floor
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IRS990/IndoorTanningServicesInd00
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Education stipends are available to dependents of deceased members. Dependents under age 18 receive a grant of $10,000 per year. Dependents 18 and older must submit proof of educational status via transcript or paid invoice. The board reviews all documentation before awards are granted. Health and dental expense reimbursement and COBRA reimbursement is available to all widows of deceased members and their children up to age 26. Benefits are available until spouse's death or remarraige. The board reviews all documentation before payments and reimbursements are issued.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A Trustee will review the return prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not have payroll costs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Fund's financial statements are prepared on a modified cash basis, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America (GAAP). This basis of presentation differs from GAAP in that certain revenues are recognized when received rather than earned while certain expenses are recognized when the obligation is incurred. Specifically, the variance from GAAP includes the omission of contributions receivable; such variance is presumed to be material. However, similar to financial statements prepared in accordance with GAAP, these financial statements reflect accrued and deferred expenses. The accompanying financial statements are not intended to present the financial position and results of operations in conformity with accounting principles generally accepted in the United States of America.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 1:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Labor Union
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0195 Montague Street 9th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0789632
IRS990/TotalAssetsEOYAmt01383322
IRS990/TotalAssetsGrp/BOYAmt0789632
IRS990/TotalAssetsGrp/EOYAmt01383322
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0775057
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073868
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0185737
IRS990/TotalFunctionalExpensesGrp/TotalAmt0259605
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028109
IRS990/TotalLiabilitiesEOYAmt0106347
IRS990/TotalLiabilitiesGrp/BOYAmt028109
IRS990/TotalLiabilitiesGrp/EOYAmt0106347
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0761523
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01276975
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0185737
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0775057
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0789632
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01383322
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0195 Montague Street 9th Floor
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011201
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Samuelsen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02128736000
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWU Local 100 Widows & Orphans Fund
ReturnHeader/Filer/BusinessNameControlTxt0TWUL
ReturnHeader/Filer/EIN0830377035
ReturnHeader/Filer/PhoneNum02128736000
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 Montague Street 9th Floor
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132688836
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGOFF & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0355 LEXINGTON AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100176603
ReturnHeader/PreparerPersonGrp/PhoneNum02125575666
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ABDELLATIF ELMAGHRABI
ReturnHeader/ReturnTs02015-11-16T10:27:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.04$0.75$0.01$0.31$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.02$1.05$0.38$0.32$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.08$0.98$0.13$0.28$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.04$1.13$0.01$0.15$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.05$1.27$0.28$0.21$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.05$1.19$0.26$0.27$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.07$1.20$0.26$0.30$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.03$1.24$0.28$0.29$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.08$1.25$0.36$0.60$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.05$1.49$0.49$0.28$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.11$1.28$0.78$0.26$0.52
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$0.20$0.06$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.05$0.62$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.04$0.52$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.04$0.42$0.16$0.02$0.14