Civic Intelligence

Society of St Vincent De Paul

EIN 20-0587535 • 501(c)3 • West Branch, MI

Profile

To manage a thrift store and help the needy

3444 W M-76West Branch, MI 48661

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

32nd percentile

-2.1%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-1.9%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,121,607

Down $23,662 (-2.1%) from 2023

Liabilities

Down

$262,718

Down $32,294 (-11%) from 2023

Net Assets

Up

$858,889

Up $8,632 (+1.0%) from 2023

Revenue

Down

$969,088

Down $18,485 (-1.9%) from 2023

Expenses

Up

$960,456

Up $25,205 (+2.7%) from 2023

Net Income

Down

$8,632

Down $43,690 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2013: $55,310Liabilities 2013: $4,874Net Assets 2013: $50,4362013Assets 2014: $384,784Liabilities 2014: $310,842Net Assets 2014: $73,9422014Assets 2015: $513,017Liabilities 2015: $308,844Net Assets 2015: $204,1732015Assets 2016: $615,511Liabilities 2016: $295,976Net Assets 2016: $319,5352016Assets 2017: $732,345Liabilities 2017: $403,574Net Assets 2017: $328,7712017Assets 2018: $796,483Liabilities 2018: $391,048Net Assets 2018: $405,4352018Assets 2019: $824,470Liabilities 2019: $373,210Net Assets 2019: $451,2602019Assets 2020: $887,674Liabilities 2020: $352,484Net Assets 2020: $535,1902020Assets 2021: $1,011,982Liabilities 2021: $337,379Net Assets 2021: $674,6032021Assets 2022: $1,124,752Liabilities 2022: $326,817Net Assets 2022: $797,9352022Assets 2023: $1,145,269Liabilities 2023: $295,012Net Assets 2023: $850,2572023Assets 2024: $1,121,607Liabilities 2024: $262,718Net Assets 2024: $858,8892024

Highlighted filing

2024

Assets$1,121,607
Liabilities$262,718
Net Assets$858,889

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $276,095Expenses 2013: $283,776Net Income 2013: -$7,6812013Revenue 2014: $280,019Expenses 2014: $256,513Net Income 2014: $23,5062014Revenue 2015: $447,265Expenses 2015: $317,034Net Income 2015: $130,2312015Revenue 2016: $574,040Expenses 2016: $458,678Net Income 2016: $115,3622016Revenue 2017: $585,022Expenses 2017: $575,786Net Income 2017: $9,2362017Revenue 2018: $650,529Expenses 2018: $573,865Net Income 2018: $76,6642018Revenue 2019: $656,744Expenses 2019: $610,919Net Income 2019: $45,8252019Revenue 2020: $619,740Expenses 2020: $535,810Net Income 2020: $83,9302020Revenue 2021: $759,368Expenses 2021: $619,955Net Income 2021: $139,4132021Revenue 2022: $923,095Expenses 2022: $799,763Net Income 2022: $123,3322022Revenue 2023: $987,573Expenses 2023: $935,251Net Income 2023: $52,3222023Revenue 2024: $969,088Expenses 2024: $960,456Net Income 2024: $8,6322024

Highlighted filing

2024

Revenue$969,088
Expenses$960,456
Net Income$8,632

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.26$0.86$0.97$0.96$0.01
2023Summary only. Only limited summary data is available for this year.$1.15$0.30$0.85$0.99$0.94$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.33$0.80$0.92$0.80$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.34$0.67$0.76$0.62$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.35$0.54$0.62$0.54$0.08
2019Summary only. Only limited summary data is available for this year.$0.82$0.37$0.45$0.66$0.61$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.39$0.41$0.65$0.57$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.40$0.33$0.59$0.58$0.01
2016Summary only. Only limited summary data is available for this year.$0.62$0.30$0.32$0.57$0.46$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.31$0.20$0.45$0.32$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.31$0.07$0.28$0.26$0.02
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.05$0.28$0.28$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$1,036,087
Mission and Program Overview

Mission

To manage a thrift store and help the needy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$865,439$828,454▼ $36,985
Cash and Non-Interest-Bearing Accounts$149,805$157,690▲ $7,885
Savings and Temporary Cash Investments$130,025$135,463▲ $5,438
Total Assets$1,145,269$1,121,607▼ $23,662
Liabilities
Mortgage Notes Payable Secured by Investment Property$282,043$250,343▼ $31,700
Accounts Payable and Accrued Expenses$12,969$12,375▼ $594
Total Liabilities$295,012$262,718▼ $32,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$850,257$858,889▲ $8,632
Total Net Assets Fund Balance$850,257$858,889▲ $8,632
Total Liabilities and Net Assets / Fund Balance$1,145,269$1,121,607▼ $23,662

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$574,075$195,362$769,437
Other Land Buildings$232,338$37,627$269,965
Equipment$2,041$32,638$34,679
Land$20,000-$20,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ann ColclasurePresident
Mike BalserBoard Member
Roseann DavisBoard Member
Walt SappingtonBoard Member
Buffy KishSecretary
Dwight McintyreTreasurer
Tom KishVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$13,285
Program Service Revenue
$947,799
Investment Income
$117
Other Revenue
$7,887
All Other Contributions
$13,285
Change in Net Assets
$8,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$583,665
Other Expenses$376,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$530,079$11,451-$541,530
Payroll Taxes$42,135--$42,135
All Other Expenses$34,750$1,801-$36,551
Depreciation Depletion$30,015--$30,015
Occupancy$27,851--$27,851
Other Expenses$22,395$20,028-$20,028
Insurance$8,481--$8,481
Fees for Services Accounting-$7,150-$7,150
Interest$6,417--$6,417
Travel$3,784--$3,784
Advertising-$1,166-$1,166
Office Expenses-$723-$723
Total Functional Expenses$918,137$42,319$0$960,456
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
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, Page 6, Part VI, Line 7A

Society members elect the board of directors.

Form 990, Page 6, Part VI, Line 11B

Copies are handed out and approved at a regular business meeting prior to being filed.

Form 990, Page 6, Part VI, Line 12C

On an annual basis, all board members are required to sign a disclosure stating that there are no related parties with the society. If a related party is considered for contracting throughout the year, the board member must state on the record that there is a related party, and abstain from voting. Necessary corrective action would be taken if the policy was not followed.

Form 990, Page 6, Part VI, Line 15B

Compensation is determined based on similar local organizations and what is deemed necessary for the position and duties. The board must approve pay rates and increases.

Form 990, Page 6, Part VI, Line 19

Someone would need to request a copy of the governing documents and the documents would then be made available to them.

Filing and Contact Details

Filer

Filer Name
Society of St Vincent De Paul
EIN
20-0587535
Phone
9893450779
Address
3444 W M-76, WEST BRANCH, MI 48661

Signing Officer

Name
Ann Colclasure
Title
President
Phone
9893450779
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Colclasure
Formed
2008
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
35
Volunteers
20

Preparer

Firm
Stephenson & Company Pc
Address
PO BOX 159, WEST BRANCH, MI 48661
Preparer
Cynthia R Scott CPA
Phone
9893450850
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOCIETY MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES ARE HANDED OUT AND APPROVED AT A REGULAR BUSINESS MEETING PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE REQUIRED TO SIGN A DISCLOSURE STATING THAT THERE ARE NO RELATED PARTIES WITH THE SOCIETY. IF A RELATED PARTY IS CONSIDERED FOR CONTRACTING THROUGHOUT THE YEAR, THE BOARD MEMBER MUST STATE ON THE RECORD THAT THERE IS A RELATED PARTY, AND ABSTAIN FROM VOTING. NECESSARY CORRECTIVE ACTION WOULD BE TAKEN IF THE POLICY WAS NOT FOLLOWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED BASED ON SIMILAR LOCAL ORGANIZATIONS AND WHAT IS DEEMED NECESSARY FOR THE POSITION AND DUTIES. THE BOARD MUST APPROVE PAY RATES AND INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOMEONE WOULD NEED TO REQUEST A COPY OF THE GOVERNING DOCUMENTS AND THE DOCUMENTS WOULD THEN BE MADE AVAILABLE TO THEM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCIETY OF ST VINCENT DE PAUL
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