Civic Intelligence

Joseph'S Coat Inc

990 • Fiscal year 2015 • EIN 20-1380542

Jan 01, 2015 to Dec 31, 2015 • Filed on May 15, 2016

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

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

20th percentile

-13%

Higher net margin than 20% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

55th percentile

4.4%

Faster revenue growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$277,405

Down $48,775 (-15%) from 2014

Net Assets

Down

$271,453

Down $43,172 (-14%) from 2014

Liabilities

Down

$5,952

Down $5,603 (-48%) from 2014

Revenue

Up

$321,493

Up $13,611 (+4.4%) from 2014

Expenses

Up

$364,665

Up $39,409 (+12%) from 2014

Net Income

Down

-$43,172

Down $25,798 (-148%) from 2014

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

2015

Assets$277,405
Liabilities$5,952
Net Assets$271,453

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

2015

Revenue$321,493
Expenses$364,665
Net Income-$43,172
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 15, 2016
Return Version
2015v2.1
Gross Receipts
$321,493
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$314,625$271,453▼ $43,172
Land, Buildings, and Equipment, Net$144,431$145,180▲ $749
Cash and Non-Interest-Bearing Accounts$181,749$132,225▼ $49,524
Total Assets$326,180$277,405▼ $48,775
Liabilities
Other Liabilities$11,555$5,952▼ $5,603
Total Liabilities$11,555$5,952▼ $5,603
Net Assets / Fund Balance
Total Net Assets Fund Balance$314,625$271,453▼ $43,172
Total Liabilities and Net Assets / Fund Balance$326,180$277,405▼ $48,775

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$129,000-$129,000
Equipment$16,180-$16,180
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dane LivermorePresident
Jennifer BarrowBoard Member
Joni McgargillBoard Member
Joyce HansenBoard Member
Kristina ChurchillBoard Member
Kristopher AhrensBoard Member
Leaann QuistBoard Member
Rev Mario RaposeBoard Member
Rex PfeilBoard Member
Kelly RichardsSecretary
Roger NelsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$227,865
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$93,628
All Other Contributions
$227,865
Change in Net Assets
$-43,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$239,611
Other Expenses$125,054
Total Fundraising Expense$19,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$214,996--$214,996
All Other Expenses$22,998--$22,998
Payroll Taxes$18,630--$18,630
Advertising$11,478--$11,478
Insurance$10,522--$10,522
Other Expenses$5,617-$19,983$5,617
Fees for Services Accounting$2,000$3,232-$5,232
Pension Plan Contributions$4,297--$4,297
Office Expenses-$2,709-$2,709
Other Employee Benefits$1,688--$1,688
Conferences and Meetings$755--$755
Fees for Services Other$150--$150
Occupancy-$60-$60
Total Functional Expenses$338,681$6,001$19,983$364,665
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
Payroll Tax Payable$5,862
Employee Benefit Payable$90
Hail Insurance Proceeds-
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
Roger Nelson
Title
Vice President
Phone
4024260440
Signed
2016-05-15

Organization Details

Principal Officer
Roger Nelson
Voting Board Members
11
Independent Board Members
11
Employees
11

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 Appendix376 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/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt093628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0130803
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0141774
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0516912
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01413692
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0321493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0307882
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0265990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0242600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0275727
IRS990ScheduleA/Total509Grp/TotalAmt01413692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0321493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0307882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0265993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0242600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0275745
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01413713
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0129000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0129000
IRS990ScheduleD/EquipmentGrp/BookValueAmt016180
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EMPLOYEE BENEFIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2HAIL INSURANCE PROCEEDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0145180
IRS990ScheduleD/TotalLiabilityAmt05952
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/TotalAssetsBOYAmt0326180
IRS990/TotalAssetsEOYAmt0277405
IRS990/TotalAssetsGrp/BOYAmt0326180
IRS990/TotalAssetsGrp/EOYAmt0277405
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0227865
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019983
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0338681
IRS990/TotalFunctionalExpensesGrp/TotalAmt0364665
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011555
IRS990/TotalLiabilitiesEOYAmt05952
IRS990/TotalLiabilitiesGrp/BOYAmt011555
IRS990/TotalLiabilitiesGrp/EOYAmt05952
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0314625
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0271453
IRS990/TotalProgramServiceExpensesAmt0338681
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt093628
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0321493
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0326180
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0277405
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.JOSEPHSCOAT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04024260440
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-15
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/PreparationDt02016-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF JENSEN
ReturnHeader/ReturnTs02016-05-24T13:34:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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