Civic Intelligence

Caroline Kline Galland Testamentary Trust

990 • Fiscal year 2016 • EIN 91-0567729

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

7500 Seward Park Ave SouthSeattle, WA 98118

(206) 725-8800

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-337%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$608,756

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 1865.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

41st percentile

-0.7%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,375,770

Down $15,989 (-0.7%) from 2015

Net Assets

Down

$2,375,770

Down $15,989 (-0.7%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$32,632

Down $38,265 (-54%) from 2015

Expenses

Up

$142,529

Up $349 (+0.2%) from 2015

Net Income

Down

-$109,897

Down $38,614 (-54%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,606,232Liabilities 2010: $925Net Assets 2010: $2,605,3072010Assets 2011: $2,331,268Liabilities 2011: $2,025Net Assets 2011: $2,329,2432011Assets 2012: $2,417,567Liabilities 2012: $2,050Net Assets 2012: $2,415,5172012Assets 2013: $2,556,340Liabilities 2013: $3,175Net Assets 2013: $2,553,1652013Assets 2014: $2,552,819Liabilities 2014: $0Net Assets 2014: $2,552,8192014Assets 2015: $2,391,759Liabilities 2015: $0Net Assets 2015: $2,391,7592015Assets 2016: $2,375,770Liabilities 2016: $0Net Assets 2016: $2,375,7702016Assets 2017: $2,869,678Liabilities 2017: $0Net Assets 2017: $2,869,6782017Assets 2018: $2,692,376Liabilities 2018: $0Net Assets 2018: $2,692,3762018Assets 2019: $3,080,984Liabilities 2019: $3,263Net Assets 2019: $3,077,7212019Assets 2020: $3,221,514Liabilities 2020: $0Net Assets 2020: $3,221,5142020Assets 2021: $3,421,860Liabilities 2021: $0Net Assets 2021: $3,421,8602021Assets 2022: $2,919,769Liabilities 2022: $0Net Assets 2022: $2,919,7692022Assets 2023: $3,180,562Liabilities 2023: $0Net Assets 2023: $3,180,5622023Assets 2024: $3,362,831Liabilities 2024: $0Net Assets 2024: $3,362,8312024

Highlighted filing

2016

Assets$2,375,770
Liabilities$0
Net Assets$2,375,770

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $134,8582010Expenses 2011: $135,4692011Revenue 2012: $99,738Expenses 2012: $135,499Net Income 2012: -$35,7612012Revenue 2013: $129,102Expenses 2013: $134,826Net Income 2013: -$5,7242013Revenue 2014: $127,578Expenses 2014: $138,555Net Income 2014: -$10,9772014Revenue 2015: $70,897Expenses 2015: $142,180Net Income 2015: -$71,2832015Revenue 2016: $32,632Expenses 2016: $142,529Net Income 2016: -$109,8972016Revenue 2017: $399,106Expenses 2017: $13,307Net Income 2017: $385,7992017Revenue 2018: $180,380Expenses 2018: $80,578Net Income 2018: $99,8022018Revenue 2019: $100,073Expenses 2019: $83,424Net Income 2019: $16,6492019Revenue 2020: $206,498Expenses 2020: $147,060Net Income 2020: $59,4382020Revenue 2021: $302,150Expenses 2021: $146,392Net Income 2021: $155,7582021Revenue 2022: $91,142Expenses 2022: $146,497Net Income 2022: -$55,3552022Revenue 2023: $148,397Expenses 2023: $147,368Net Income 2023: $1,0292023Revenue 2024: $156,418Expenses 2024: $147,638Net Income 2024: $8,7802024

Highlighted filing

2016

Revenue$32,632
Expenses$142,529
Net Income-$109,897
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$53,395
Mission and Program Overview

Mission

Caroline kline galland testamentary trust was formed to further the charitable purposes of the kline galland center and affiliates.

Caroline kline galland testamentary trust was formed to further the charitable purposes of the kline galland center (kgc) and affiliates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,998,541$2,028,688▲ $30,147
Investments Other Securities$393,218$347,082▼ $46,136
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,391,759$2,375,770▼ $15,989
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,651,446$2,651,446→ $0
Temporarily Rstr Net Assets$450,983$0▼ $450,983
Unrestricted Net Assets$-710,670$-275,676▲ $434,994
Total Net Assets Fund Balance$2,391,759$2,375,770▼ $15,989
Total Liabilities and Net Assets / Fund Balance$2,391,759$2,375,770▼ $15,989

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$347,082--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,391,757$0▲ $117,253$120,860$2,388,150
2015$2,552,819$0▼ $188,968$27,906$2,335,945
2014$2,997,555$0▲ $34,153$478,889$2,552,819
2013$2,726,783$0▲ $270,772$0$2,997,555
2012$2,329,243$0▲ $397,540$0$2,726,783
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$32,632
Other Revenue
$0
Change in Net Assets
$-109,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$132,000
Other Expenses$10,529
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$132,000--$132,000
Fees for Service Investment Mgmnt Fees-$9,288-$9,288
Fees for Services Accounting-$1,216$0$1,216
Other Expenses-$25-$25
Total Functional Expenses$132,000$10,529$0$142,529
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Caroline Kline Galland HomeSeattle, WA501(c)(3)Support Exempt Org$132,000
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
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

KLINE GALLAND CENTER IS THE SOLE CORPORATE MEMBER OF Caroline Kline Galland Testamentary Trust. FORM 990, PART VI, SECTION B, LINE 11a A CPA FIRM PREPARES THE FORM 990. THE FORM 990 IS REVIEWED FIRST BY THE CFO AND THEN ALL MEMBERS OF THE BOARD RECEIVE A DRAFT FOR REVIEW PRIOR TO THE FILING OF the FORM 990. FORM 990, PART VI, SECTION B, LINE 12c ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY SIGN A STATEMENT OF INDEPENDENCE AND DISCLOSE ANY CONFLICTS. THE DISCLOSURES ARE REVIEWED BY THE CEO. IF A CONFLICT IS NOTED, THE INDIVIDUAL WITH THE CONFLICT WILL RECUSE THEMSELVES FROM DISCUSSIONS AT THE LEAST AND AT THE MOST WILL RESIGN FROM THE BOARD UNTIL THE CONFLICT IS RESOLVED. FORM 990, PART VI, SECTION B, LINE 15a & 15b A COMMITTEE OF THE BOARD DETERMINES THE CEO'S COMPENSATION BY CONSULTING A NATIONAL SALARY SURVEY. Compensation of other officers and key employees of the organization are determined via local salary surveys. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART VII, SECTION A, LINE 1D THE COMPENSATION AMOUNTS REPORTED IN PART VII WERE PAID BY Kline Galland Payroll Company LLC, which serves as the master payroll company for this entity and those related entities listed in Schedule R Part II. entity and those related entities listed in Schedule R Part II.

Filing and Contact Details

Filer

Filer Name
Caroline Kline Galland Testamentary Trust
EIN
91-0567729
In Care Of
% THE KLINE GALLAND CENTER
Phone
2067258800
Address
7500 SEWARD PARK AVE SOUTH, SEATTLE, WA 98118

Signing Officer

Name
Jeffrey Cohen
Title
CEO
Phone
2067258800
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Cohen CEO
Formed
1944
Legal Domicile
Wa
Voting Board Members
35
Independent Board Members
35
Employees
0
Volunteers
0

Preparer

Firm
Bader Martin Ps
Address
1000 2ND AVE 34TH FLOOR, SEATTLE, WA 98104-1022
Preparer
Lori L Scott
Phone
2066211900
Supplemental Narrative

Financial Statement Notes

Form 990, Schedule D, Part V, Question 4

Caroline Kline Galland Testamentary Trust is a member of the group of related organizations, The Kline Galland Center and Affiliates, which together have various permanently restricted assets, the income of which may be used for general operations by any of the related organizations. Caroline Kline Galland Testamentary Trust maintains permanently restricted assets, the income of which is for the use of general operations of Caroline Kline Galland Home.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.36$0.00$3.36$0.16$0.15$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.15$0.15$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.09$0.15$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.30$0.15$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.21$0.15$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$0.10$0.08$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.18$0.08$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.40$0.01$0.39
2016Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.03$0.14$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.07$0.14$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$0.13$0.14$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.55$0.13$0.13$0.01
2012Summary only. Only limited summary data is available for this year.$2.42$0.00$2.42$0.10$0.14$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.00$2.33$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.00$2.61$0.13