Civic Intelligence

Root-Pike Watershed Initiative Network Inc.

990 • Fiscal year 2022 • EIN 20-0971618

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 28, 2023

4116 12th StreetKenosha, WI 53144

(262) 883-4018

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

70th percentile

$55,343

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

21st percentile

-11%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-39%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$547,030

Down $65,775 (-11%) from 2021

Net Assets

Down

$544,460

Down $41,289 (-7.0%) from 2021

Liabilities

Down

$2,570

Down $24,486 (-91%) from 2021

Revenue

Down

$333,952

Down $212,114 (-39%) from 2021

Expenses

Down

$375,241

Down $66,964 (-15%) from 2021

Net Income

Down

-$41,289

Down $145,150 (-140%) from 2021

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$0-$500KAssets 2011: $318,844Liabilities 2011: $103,930Net Assets 2011: $214,9142011Assets 2012: $142,697Liabilities 2012: $36,239Net Assets 2012: $106,4582012Assets 2013: $221,782Liabilities 2013: $59,995Net Assets 2013: $161,7872013Assets 2015: $33,906Liabilities 2015: $43,524Net Assets 2015: -$9,6182015Assets 2016: $87,151Liabilities 2016: $17,975Net Assets 2016: $69,1762016Assets 2017: $141,198Liabilities 2017: $34,483Net Assets 2017: $106,7152017Assets 2018: $221,984Liabilities 2018: $20,653Net Assets 2018: $201,3312018Assets 2019: $550,316Liabilities 2019: $37,392Net Assets 2019: $512,9242019Assets 2020: $518,223Liabilities 2020: $36,335Net Assets 2020: $481,8882020Assets 2021: $612,805Liabilities 2021: $27,056Net Assets 2021: $585,7492021Assets 2022: $547,030Liabilities 2022: $2,570Net Assets 2022: $544,4602022Assets 2023: $1,374,330Liabilities 2023: $7,530Net Assets 2023: $1,366,8002023Assets 2024: $1,483,063Liabilities 2024: $9,495Net Assets 2024: $1,473,5682024Assets 2025: $1,547,433Liabilities 2025: $25,569Net Assets 2025: $1,521,8642025

Highlighted filing

2022

Assets$547,030
Liabilities$2,570
Net Assets$544,460

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $305,606Expenses 2011: $104,799Net Income 2011: $200,8072011Expenses 2012: $236,1382012Expenses 2013: $375,7232013Revenue 2015: $180,892Expenses 2015: $191,939Net Income 2015: -$11,0472015Revenue 2016: $154,996Expenses 2016: $95,654Net Income 2016: $59,3422016Revenue 2017: $224,609Expenses 2017: $187,070Net Income 2017: $37,5392017Revenue 2018: $324,135Expenses 2018: $229,519Net Income 2018: $94,6162018Revenue 2019: $553,013Expenses 2019: $241,420Net Income 2019: $311,5932019Revenue 2020: $276,413Expenses 2020: $307,449Net Income 2020: -$31,0362020Revenue 2021: $546,066Expenses 2021: $442,205Net Income 2021: $103,8612021Revenue 2022: $333,952Expenses 2022: $375,241Net Income 2022: -$41,2892022Revenue 2023: $1,323,929Expenses 2023: $501,589Net Income 2023: $822,3402023Revenue 2024: $615,646Expenses 2024: $508,878Net Income 2024: $106,7682024Revenue 2025: $517,955Expenses 2025: $472,704Net Income 2025: $45,2512025

Highlighted filing

2022

Revenue$333,952
Expenses$375,241
Net Income-$41,289
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 28, 2023
Return Version
2021v4.1
Gross Receipts
$333,952
Mission and Program Overview

Mission

Working to restore, protect and sustain the root-pike basin watersheds through the funding and facilitation of a regional network of locally initiated projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$426,088$426,238▲ $150
Cash and Non-Interest-Bearing Accounts$180,176$115,529▼ $64,647
Accounts Receivable$3,526$3,450▼ $76
Land, Buildings, and Equipment, Net$3,015$1,813▼ $1,202
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$612,805$547,030▼ $65,775
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$27,056$2,570▼ $24,486
Total Liabilities$27,056$2,570▼ $24,486
Net Assets / Fund Balance
Net Assets With Donor Restrictions$582,112$548,459▼ $33,653
Net Assets Without Donor Restrictions$3,637$-3,999▼ $7,636
Total Net Assets Fund Balance$585,749$544,460▼ $41,289
Total Liabilities and Net Assets / Fund Balance$612,805$547,030▼ $65,775

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,813$5,033$6,846
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dave GiordanoExecutive DirectorFT$55,343$55,343

Board Members and Trustees

NameTitle
Michael LubaPresident
Joshua SopczakVice President
Bill SasseDirector
Chris MeierDirector
John ScrippDirector
Pete RohlmanDirector
Roger ChernikDirector
Joann SpecaSecretary
James SmallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$333,835
Program Service Revenue
$0
Investment Income
$117
Other Revenue
$0
All Other Contributions
$197,532
Change in Net Assets
$-41,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$196,118
Other Expenses$179,123
Total Fundraising Expense$24,467
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,355$37,338$12,393$125,086
Current Officers, Directors, Trustees, and Key Employees$33,342$16,520$5,482$55,344
Office Expenses$25,283$8,597$3,096$36,976
Payroll Taxes$8,137$6,162$1,389$15,688
All Other Expenses-$3,480$277$3,757
Other Expenses$12,757$3,120$1,380$3,120
Insurance-$2,369-$2,369
Fees for Services Accounting-$2,225-$2,225
Depreciation Depletion-$1,202-$1,202
Travel$1,027$67-$1,094
Total Functional Expenses$263,162$87,612$24,467$375,241
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Line 11B: Form 990 Review Process

Reviewed by Executive Director, President, Treasurer, and Office Manager.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request

Filing and Contact Details

Filer

Filer Name
Root-pike Watershed Initiative Network
EIN
20-0971618
Phone
2628834018
Address
4116 12TH STREET, KENOSHA, WI 53144

Signing Officer

Name
Dave Giordano
Title
Executive Director
Signed
2023-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Luba
Formed
2001
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
378

Preparer

Firm
Gordon J Maier & Company LLP
Address
845 Wisconsin Avenue, Racine, WI 53403
Preparer
Julie Craig CPA
Phone
2626347108
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IRS990/OtherExpensesGrp/Desc2MARKETING
IRS990/OtherExpensesGrp/Desc3RENT & MAINTENCE
IRS990/OtherExpensesGrp/FundraisingAmt0450
IRS990/OtherExpensesGrp/FundraisingAmt11380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11646
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22885
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33120
IRS990/OtherExpensesGrp/ProgramServicesAmt063445
IRS990/OtherExpensesGrp/ProgramServicesAmt143816
IRS990/OtherExpensesGrp/ProgramServicesAmt212757
IRS990/OtherExpensesGrp/TotalAmt065896
IRS990/OtherExpensesGrp/TotalAmt146842
IRS990/OtherExpensesGrp/TotalAmt215642
IRS990/OtherExpensesGrp/TotalAmt33120
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012393
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt037338
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075355
IRS990/OtherSalariesAndWagesGrp/TotalAmt0125086
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01389
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06162
IRS990/PayrollTaxesGrp/ProgramServicesAmt08137
IRS990/PayrollTaxesGrp/TotalAmt015688
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MICHAEL LUBA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0545932
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0134
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0307925
IRS990/PYRevenuesLessExpensesAmt0103861
IRS990/PYSalariesCompEmpBnftPaidAmt0134280
IRS990/PYTotalExpensesAmt0442205
IRS990/PYTotalRevenueAmt0546066
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-41289
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0426088
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0426238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0329471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0545932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0268641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0550597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0323629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02018270
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06292
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08260
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01480
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01005
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0200
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02685
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99460
IRS990ScheduleA/PublicSupportPY170Pct00.99440
IRS990ScheduleA/PublicSupportTotal170Amt02018270
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0329471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0545932
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0268641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0550597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0323629
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02018270
IRS990ScheduleA/TotalSupportAmt02029215
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01813
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05033
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06846
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01813
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed by Executive Director, President, Treasurer, and Office Manager.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0612805
IRS990/TotalAssetsEOYAmt0547030
IRS990/TotalAssetsGrp/BOYAmt0612805
IRS990/TotalAssetsGrp/EOYAmt0547030
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0333835
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024467
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087612
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0263162
IRS990/TotalFunctionalExpensesGrp/TotalAmt0375241
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027056
IRS990/TotalLiabilitiesEOYAmt02570
IRS990/TotalLiabilitiesGrp/BOYAmt027056
IRS990/TotalLiabilitiesGrp/EOYAmt02570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0585749
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0544460
IRS990/TotalProgramServiceExpensesAmt0263162
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt055343
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0117
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0333952
IRS990/TotalVolunteersCnt0378
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0612805

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.03$1.52$0.52$0.47$0.05
2024Summary only. Only limited summary data is available for this year.$1.48$0.01$1.47$0.62$0.51$0.11
2023Summary only. Only limited summary data is available for this year.$1.37$0.01$1.37$1.32$0.50$0.82
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.54$0.33$0.38$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.03$0.59$0.55$0.44$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.04$0.48$0.28$0.31$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.04$0.51$0.55$0.24$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.02$0.20$0.32$0.23$0.09
2017Summary only. Only limited summary data is available for this year.$0.14$0.03$0.11$0.22$0.19$0.04
2016Summary only. Only limited summary data is available for this year.$0.09$0.02$0.07$0.15$0.10$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.04$0.01$0.18$0.19$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.06$0.16$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.04$0.11$0.24
2011Summary only. Only limited summary data is available for this year.$0.32$0.10$0.21$0.31$0.10$0.20