Tlc Foundation Inc
- Assets
- $77.3k
- Revenue
- $140.6k
- Investments
- $0.0
- Employees
- 14
- Location
- Manchester, CT
- Founding
- 07/1984
- Data as of
- 06/2021
- EIN
- 22-2517421
Organization Overview
Tlc Foundation Inc is located in Manchester, CT. The organization was established in 1984. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Tlc Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tlc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Tlc Foundation Inc generated $140.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $164.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SAFE, NURTURING HOME ENVIRONMENT TO ADOLESCENTS WHO CANNOT STAY AT HOME DUE TO FAMILY DISRUPTION, PARENT-CHILD CONFLICT OR THE LACK OF A SUITABLE HOME ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TLC FOUNDATION, INC'S PRINCIPAL OBJECTIVE IS TO PROVIDE A HOME TO YOUTHS WHO DO NOT HAVE ACCESS TO A HOME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liama Holmes Executive Di | Officer | 40 | $18,799 |
Marie Michael-Rogers President | OfficerTrustee | 2 | $0 |
Carmel Moore Secretary | OfficerTrustee | 2 | $0 |
Sara Berry Treasurer | OfficerTrustee | 2 | $0 |
Elaine Kahaner Director | Trustee | 2 | $0 |
Brent Mikkelsen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $68,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,984 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,606 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,726 |
| Compensation of current officers, directors, key employees. | $25,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,130 |
| Travel | $3,223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,347 |
| Insurance | $17,298 |
| All other expenses | $635 |
| Total functional expenses | $164,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,853 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $412 |
| Net Land, buildings, and equipment | $60,071 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,336 |
| Accounts payable and accrued expenses | $37,627 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,627 |
| Net assets without donor restrictions | $39,709 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $77,336 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tlc Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Misac Corporation East Hartford, CT PURPOSE: SUPPORT OPERATING SHORTFALL THROUGH 6/30/22, FROM HFPG | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Covenant House New York, NY | $156,506,513 | $87,221,273 |
Astor Services For Children & Families Rhinebeck, NY | $27,182,642 | $67,060,321 |
The Home For Little Wanderers Inc Boston, MA | $134,209,377 | $50,883,486 |
The Door - A Center Of Alternatives Inc New York, NY | $65,166,795 | $30,494,046 |
Parsons Child & Family Center Albany, NY | $44,937,796 | $54,919,831 |
Key Program Incorporated Framingham, MA | $22,606,194 | $38,919,739 |
Childrens Services Of Roxbury Inc Roxbury, MA | $20,233,511 | $37,938,957 |
Under 21 New York, NY | $10,929,107 | $32,304,678 |
House Of The Good Shepherd Utica, NY | $27,220,710 | $29,552,251 |
New Directions Youth And Family Services Inc Lockport, NY | $27,985,764 | $28,647,664 |
Criterion Child Enrichment Inc Milford, MA | $27,429,599 | $22,969,211 |
Judge Baker Childrens Center Boston, MA | $36,173,609 | $25,506,788 |