Civic Intelligence

Joseph'S Coat Inc

990 • Fiscal year 2014 • EIN 20-1380542

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

PO Box 91Blair, NE 68008

(402) 426-0440

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

29th percentile

-5.6%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

38th percentile

-3.3%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$326,180

Down $11,045 (-3.3%) from 2013

Net Assets

Down

$314,625

Down $17,374 (-5.2%) from 2013

Liabilities

Up

$11,555

Up $6,329 (+121%) from 2013

Revenue

Up

$307,882

Up $41,892 (+16%) from 2013

Expenses

Up

$325,256

Up $22,082 (+7.3%) from 2013

Net Income

Up

-$17,374

Up $19,810 (+53%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $284,898Liabilities 2010: $0Net Assets 2010: $284,8982010Assets 2011: $333,248Liabilities 2011: $2,092Net Assets 2011: $331,1562011Assets 2012: $369,183Liabilities 2012: $0Net Assets 2012: $369,1832012Assets 2013: $337,225Liabilities 2013: $5,226Net Assets 2013: $331,9992013Assets 2014: $326,180Liabilities 2014: $11,555Net Assets 2014: $314,6252014Assets 2015: $277,405Liabilities 2015: $5,952Net Assets 2015: $271,4532015Assets 2016: $254,571Liabilities 2016: $6,792Net Assets 2016: $247,7792016Assets 2017: $211,316Liabilities 2017: $7,370Net Assets 2017: $203,9462017Assets 2018: $265,193Liabilities 2018: $3,226Net Assets 2018: $261,9672018Assets 2019: $328,316Liabilities 2019: $6,730Net Assets 2019: $321,5862019Assets 2020: $491,544Liabilities 2020: $29,236Net Assets 2020: $462,3082020Assets 2021: $511,736Liabilities 2021: $2,668Net Assets 2021: $509,0682021Assets 2022: $594,543Liabilities 2022: $3,810Net Assets 2022: $590,7332022Assets 2023: $764,445Liabilities 2023: $3,596Net Assets 2023: $760,8492023Assets 2024: $924,682Liabilities 2024: $3,914Net Assets 2024: $920,7682024

Highlighted filing

2014

Assets$326,180
Liabilities$11,555
Net Assets$314,625

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $180,4892010Revenue 2011: $275,727Expenses 2011: $229,469Net Income 2011: $46,2582011Expenses 2012: $204,5732012Revenue 2013: $265,990Expenses 2013: $303,174Net Income 2013: -$37,1842013Revenue 2014: $307,882Expenses 2014: $325,256Net Income 2014: -$17,3742014Revenue 2015: $321,493Expenses 2015: $364,665Net Income 2015: -$43,1722015Revenue 2016: $320,277Expenses 2016: $343,951Net Income 2016: -$23,6742016Revenue 2017: $253,534Expenses 2017: $297,367Net Income 2017: -$43,8332017Revenue 2018: $266,220Expenses 2018: $208,199Net Income 2018: $58,0212018Revenue 2019: $281,166Expenses 2019: $221,547Net Income 2019: $59,6192019Revenue 2020: $346,320Expenses 2020: $205,598Net Income 2020: $140,7222020Revenue 2021: $326,543Expenses 2021: $209,005Net Income 2021: $117,5382021Revenue 2022: $319,103Expenses 2022: $238,761Net Income 2022: $80,3422022Revenue 2023: $431,407Expenses 2023: $263,904Net Income 2023: $167,5032023Revenue 2024: $492,741Expenses 2024: $335,593Net Income 2024: $157,1482024

Highlighted filing

2014

Revenue$307,882
Expenses$325,256
Net Income-$17,374
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$307,882
Mission and Program Overview

Mission

The mission of joseph's coat, a faith-based charitable organization, is to provide food to families in need and access to quality merchandise throughout the community.

Joseph's coat is a retail establishment that receives donations in the form of used, sellable personal items to be resold to the general public and donated to those in need. All income after functional expenses is then allocated to the washington county food pantry, good samaritan fund and washington county ministerial association. Joseph's coat also oversees the washington county food pantry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$331,999$314,625▼ $17,374
Cash and Non-Interest-Bearing Accounts$192,794$181,749▼ $11,045
Land, Buildings, and Equipment, Net$144,431$144,431→ $0
Total Assets$337,225$326,180▼ $11,045
Liabilities
Other Liabilities$5,226$11,555▲ $6,329
Total Liabilities$5,226$11,555▲ $6,329
Net Assets / Fund Balance
Total Net Assets Fund Balance$331,999$314,625▼ $17,374
Total Liabilities and Net Assets / Fund Balance$337,225$326,180▼ $11,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$129,000-$129,000
Equipment$15,431-$15,431
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph LagerPresident
Gregg MillerBoard Member
Joni McgargillBoard Member
Kristina ChurchillBoard Member
Leaann QuistBoard Member
Rex PfeilBoard Member
Roger NelsonBoard Member
Kelly RichardsSecretary
Chuck AndersonTreasurer
Dane LivermoreVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$249,774
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$58,108
All Other Contributions
$249,774
Change in Net Assets
$-17,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$204,223
Other Expenses$121,033
Total Fundraising Expense$14,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,900--$183,900
All Other Expenses$21,099--$21,099
Payroll Taxes$15,099--$15,099
Insurance$10,861--$10,861
Advertising$8,158--$8,158
Other Expenses$4,764-$14,078$4,764
Pension Plan Contributions$3,796--$3,796
Fees for Services Accounting-$3,148-$3,148
Office Expenses-$2,152-$2,152
Other Employee Benefits$1,428--$1,428
Occupancy-$900-$900
Fees for Services Other$400--$400
Conferences and Meetings$315--$315
Interest$43--$43
Total Functional Expenses$304,978$6,200$14,078$325,256
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hail Insurance Proceeds$7,190
Payroll Tax Payable$4,216
Employee Benefit Payable$149
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

There is an annual vote on new members and renewal of terms for existing members whose term has expired.

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

The executive director reviews the return before filing

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

There is a policy in place for the review of compensation of top management officials.

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

There is a policy in place for review of compensation of officers and key employees

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
JOSEPH'S COAT INC
EIN
20-1380542
Address
PO BOX 91, BLAIR, NE 68008

Signing Officer

Name
Rob Waterhouse
Title
Executive Director
Signed
2015-05-15

Organization Details

Voting Board Members
10
Independent Board Members
10
Employees
13

Preparer

Firm
Tax & Business Consultants
Address
PO BOX 390, BLAIR, NE 68008
Preparer
Jeff Jensen
Phone
4024264144
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Joseph's coat is a retail establishment that receives donations in the form of used, sellable personal items to be resold to the general public and donated to those in need. All income after functional expenses is then allocated to the washington county food pantry, good samaritan fund and washington county ministerial association. Joseph's coat also oversees the washington county food pantry.

Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0132315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0555599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt051
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01335623
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0307882
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0265990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0242600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0275727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0243424
IRS990ScheduleA/Total509Grp/TotalAmt01335623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0307882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0265993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0242600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0275745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0243454
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01335674
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0129000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0129000
IRS990ScheduleD/EquipmentGrp/BookValueAmt015431
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HAIL INSURANCE PROCEEDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2EMPLOYEE BENEFIT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144431
IRS990ScheduleD/TotalLiabilityAmt011555
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOSEPH'S COAT IS A RETAIL ESTABLISHMENT THAT RECEIVES DONATIONS IN THE FORM OF USED, SELLABLE PERSONAL ITEMS TO BE RESOLD TO THE GENERAL PUBLIC AND DONATED TO THOSE IN NEED. ALL INCOME AFTER FUNCTIONAL EXPENSES IS THEN ALLOCATED TO THE WASHINGTON COUNTY FOOD PANTRY, GOOD SAMARITAN FUND AND WASHINGTON COUNTY MINISTERIAL ASSOCIATION. JOSEPH'S COAT ALSO OVERSEES THE WASHINGTON COUNTY FOOD PANTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS AN ANNUAL VOTE ON NEW MEMBERS AND RENEWAL OF TERMS FOR EXISTING MEMBERS WHOSE TERM HAS EXPIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS THE RETURN BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS A POLICY IN PLACE FOR THE REVIEW OF COMPENSATION OF TOP MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS A POLICY IN PLACE FOR REVIEW OF COMPENSATION OF OFFICERS AND KEY EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0337225
IRS990/TotalAssetsEOYAmt0326180
IRS990/TotalAssetsGrp/BOYAmt0337225
IRS990/TotalAssetsGrp/EOYAmt0326180
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0249774
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014078
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06200
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0304978
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05226
IRS990/TotalLiabilitiesEOYAmt011555
IRS990/TotalLiabilitiesGrp/BOYAmt05226
IRS990/TotalLiabilitiesGrp/EOYAmt011555
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0331999
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0314625
IRS990/TotalProgramServiceExpensesAmt0304978
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058108
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0307882
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0337225
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0326180
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.JOSEPHSCOAT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROB WATERHOUSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JOSEPH'S COAT INC
ReturnHeader/Filer/BusinessNameControlTxt0JOSE
ReturnHeader/Filer/EIN0201380542
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 91
ReturnHeader/Filer/USAddress/CityNm0BLAIR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461604723
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX & BUSINESS CONSULTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 390
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLAIR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068008
ReturnHeader/PreparerPersonGrp/PhoneNum04024264144
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF JENSEN
ReturnHeader/ReturnTs02015-05-15T08:39:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.25$0.04$9.21$4.93$3.36$1.57
2023Detailed filing. Detailed filing data is available for this year.$7.64$0.04$7.61$4.31$2.64$1.68
2022Detailed filing. Detailed filing data is available for this year.$5.95$0.04$5.91$3.19$2.39$0.80
2021Detailed filing. Detailed filing data is available for this year.$5.12$0.03$5.09$3.27$2.09$1.18
2020Detailed filing. Detailed filing data is available for this year.$4.92$0.29$4.62$3.46$2.06$1.41
2019Detailed filing. Detailed filing data is available for this year.$3.28$0.07$3.22$2.81$2.22$0.60
2018Detailed filing. Detailed filing data is available for this year.$2.65$0.03$2.62$2.66$2.08$0.58
2017Detailed filing. Detailed filing data is available for this year.$2.11$0.07$2.04$2.54$2.97$0.44
2016Detailed filing. Detailed filing data is available for this year.$2.55$0.07$2.48$3.20$3.44$0.24
2015Detailed filing. Detailed filing data is available for this year.$2.77$0.06$2.71$3.21$3.65$0.43
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.12$3.15$3.08$3.25$0.17
2013Detailed filing. Detailed filing data is available for this year.$3.37$0.05$3.32$2.66$3.03$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.00$3.69$2.05
2011Summary only. Only limited summary data is available for this year.$3.33$0.02$3.31$2.76$2.29$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.00$2.85$1.80