Civic Intelligence

Towanda Foundation

990PF • Fiscal year 2022 • EIN 87-2754682

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

Organization Profile
Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Net Margin

97th percentile

98%

Higher net margin than 97% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2022 filings • $5M-$10M nonprofits • Source year 2022

Asset Growth

100th percentile

10026%

Faster asset growth than 100% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

10100%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$5,062,791

Up $5,012,791 (+10026%) from 2021

Net Assets

Up

$5,062,791

Up $5,012,791 (+10026%) from 2021

Liabilities

Down

$0

Down $1 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin97th percentile

Revenue

Up

$5,100,123

Up $5,050,123 (+10100%) from 2021

Expenses

Up

$87,332

Up $87,332 from 2021

Net Income

Up

$5,012,791

Up $4,962,791 (+9926%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$10M$5.0M$0Assets 2021: $50,000Liabilities 2021: $1Net Assets 2021: $50,0002021Assets 2022: $5,062,791Liabilities 2022: $0Net Assets 2022: $5,062,7912022Assets 2023: $6,142,776Liabilities 2023: $1Net Assets 2023: $6,142,7762023Assets 2024: $9,553,549Liabilities 2024: $0Net Assets 2024: $9,553,5492024

Highlighted filing

2022

Assets$5,062,791
Liabilities$0
Net Assets$5,062,791
Open 2022 Filing

Operations Trend

Revenue Growth100th percentile

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

$6.0M$4.0M$2.0M$0Revenue 2021: $50,000Expenses 2021: $0Net Income 2021: $50,0002021Revenue 2022: $5,100,123Expenses 2022: $87,332Net Income 2022: $5,012,7912022Revenue 2023: $1,254,816Expenses 2023: $174,831Net Income 2023: $1,079,9852023Revenue 2024: $4,043,675Expenses 2024: $632,902Net Income 2024: $3,410,7732024

Highlighted filing

2022

Revenue$5,100,123
Expenses$87,332
Net Income$5,012,791
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan HinkleTreas, Dir, Sec-$0--
Sara HinkleDir, Pres-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantBRANDYWINE HEIGHTS AREA SCHOOL DISTRICTHigh School Computer LabGOVTOPTON, PA, US$26,000
Paid GrantWOMEN MOVING MILLIONS INCGeneral & UnrestrictedPCNEW YORK, NY, US$10,000
Filing and Contact Details

Filer

Filer Name
Towanda Foundation
EIN
87-2754682
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Sara Hinkle
Title
President
Phone
8008391754
Signed
2023-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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Filings

Displayed year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,062,791
Liabilities
$0
Net assets
$5,062,791
Revenue
$5,100,123
Expenses
$87,332
Net income
$5,012,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.55$0.00$9.55$4.04$0.63$3.41
2023Detailed filing. Detailed filing data is available for this year.$6.14$0.00$6.14$1.25$0.17$1.08
2022Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$5.10$0.09$5.01
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.05$0.00$0.05