Civic Intelligence

Wolverine Farm Publishing

990 • Fiscal year 2014 • EIN 20-3200916

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 27, 2015

PO Box 814Fort Collins, CO 80522

(970) 472-4284

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

7.43x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

54th percentile

$23,975

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 31.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

92nd percentile

66%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$559,414

Up $222,633 (+66%) from 2013

Net Assets

Down

-$3,790

Down $27,198 (-116%) from 2013

Liabilities

Up

$563,204

Up $249,831 (+80%) from 2013

Revenue

Down

$75,832

Down $14,495 (-16%) from 2013

Expenses

Up

$103,030

Up $13,076 (+15%) from 2013

Net Income

Down

-$27,198

Down $27,571 (-7392%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $71,868Liabilities 2011: $31,991Net Assets 2011: $39,8772011Assets 2012: $49,875Liabilities 2012: $26,840Net Assets 2012: $23,0352012Assets 2013: $336,781Liabilities 2013: $313,373Net Assets 2013: $23,4082013Assets 2014: $559,414Liabilities 2014: $563,204Net Assets 2014: -$3,7902014Assets 2015: $729,593Liabilities 2015: $795,754Net Assets 2015: -$66,1612015Assets 2016: $726,759Liabilities 2016: $815,998Net Assets 2016: -$89,2392016Assets 2017: $717,985Liabilities 2017: $816,492Net Assets 2017: -$98,5072017Assets 2018: $703,281Liabilities 2018: $812,152Net Assets 2018: -$108,8712018Assets 2019: $700,936Liabilities 2019: $812,689Net Assets 2019: -$111,7532019Assets 2020: $49,606Liabilities 2020: $67,518Net Assets 2020: -$17,9122020Assets 2021: $55,358Liabilities 2021: $82,309Net Assets 2021: -$26,9512021Assets 2022: $47,179Liabilities 2022: $103,069Net Assets 2022: -$55,8902022Assets 2023: $53,927Liabilities 2023: $96,908Net Assets 2023: -$42,9812023Assets 2024: $47,478Liabilities 2024: $95,998Net Assets 2024: -$48,5202024

Highlighted filing

2014

Assets$559,414
Liabilities$563,204
Net Assets-$3,790

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $109,858Expenses 2011: $99,529Net Income 2011: $10,3292011Revenue 2012: $67,174Expenses 2012: $84,016Net Income 2012: -$16,8422012Revenue 2013: $90,327Expenses 2013: $89,954Net Income 2013: $3732013Revenue 2014: $75,832Expenses 2014: $103,030Net Income 2014: -$27,1982014Revenue 2015: $59,246Expenses 2015: $111,422Net Income 2015: -$52,1762015Revenue 2016: $65,507Expenses 2016: $88,049Net Income 2016: -$22,5422016Revenue 2017: $68,845Expenses 2017: $67,273Net Income 2017: $1,5722017Revenue 2018: $40,326Expenses 2018: $53,262Net Income 2018: -$12,9362018Revenue 2019: $45,999Expenses 2019: $54,258Net Income 2019: -$8,2592019Revenue 2020: $194,735Expenses 2020: $66,750Net Income 2020: $127,9852020Revenue 2021: $56,049Expenses 2021: $62,949Net Income 2021: -$6,9002021Revenue 2022: $20,324Expenses 2022: $66,674Net Income 2022: -$46,3502022Revenue 2023: $58,122Expenses 2023: $67,849Net Income 2023: -$9,7272023Revenue 2024: $24,797Expenses 2024: $32,785Net Income 2024: -$7,9882024

Highlighted filing

2014

Revenue$75,832
Expenses$103,030
Net Income-$27,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 27, 2015
Return Version
2014v5.0
Gross Receipts
$89,640
Mission and Program Overview

Mission

Organized exclusively for charitable, literary, scientific and educational purposes, and more specifically to publish quality works of literature and art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$232,258$403,252▲ $170,994
Savings and Temporary Cash Investments$54,857$107,601▲ $52,744
Inventories for Sale or Use$44,500$44,500→ $0
Cash and Non-Interest-Bearing Accounts$4,171$3,066▼ $1,105
Intangible Assets$593$593→ $0
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$23,408$-3,790▼ $27,198
Total Assets$336,781$559,414▲ $222,633
Other Assets Total$402$402→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$300,000$550,000▲ $250,000
Other Liabilities$9,599$13,204▲ $3,605
Unsecured Notes Loans Payable$3,774--
Total Liabilities$313,373$563,204▲ $249,831
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,408$-3,790▼ $27,198
Total Liabilities and Net Assets / Fund Balance$336,781$559,414▲ $222,633

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$182,841-$182,841
Buildings$178,400-$178,400
Land$41,600-$41,600
Equipment$411$1,162$1,573
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Todd SimmonsExecutive DirecFT$23,975$23,975

Board Members and Trustees

NameTitle
Bryan SimpsonDirector
Heather ManierDirector
Kathleen WillardDirector
Nate TurnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,562
Program Service Revenue
$8,387
Investment Income
$69
Other Revenue
$63,814
All Other Contributions
$3,562
Change in Net Assets
$-27,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,932
Salaries, Compensation, and Employee Benefits$48,766
Grants and Similar Amounts Paid$332
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$23,975--$23,975
Other Salaries and Wages$21,325--$21,325
Occupancy$12,598--$12,598
Payroll Taxes$3,466--$3,466
Fees for Services Legal$2,370--$2,370
Insurance$1,985--$1,985
Other Expenses$1,668--$1,668
Interest$1,639--$1,639
All Other Expenses$697--$697
Fees for Services Accounting$600--$600
Grants to Domestic Orgs$332--$332
Depreciation Depletion$192--$192
Total Functional Expenses$103,030$0$0$103,030
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,360
Fundraising Direct Expenses$1,319
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Property Taxes Payable$4,955
Credit Card Liabilities$3,940
Payroll Taxes Payable$2,740
Sales Taxes Payable$1,119
Tenant Security Deposit$450
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
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, Part VI, Line 11B: Form 990 Review Process

The officers of the board review form 990 prior to its filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

During periodic board meetings potential conflicts are discussed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive director's compensation is determined by the board on an annual basis.

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

UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Wolverine Farm Publishing
EIN
20-3200916
Phone
9704724284
Address
PO BOX 814, FORT COLLINS, CO 80522

Signing Officer

Name
Todd Simmons
Title
Executive Director
Signed
2015-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Simmons
Formed
2005
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
24

Preparer

Firm
Geoffrey W Goudy CPA LLC
Address
401 W Mountain Avenue Ste 101, Fort Collins, CO 80521-2680
Preparer
Geoffrey W Goudy
Phone
9704729000
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IRS990/ReconcilationRevenueExpnssAmt0-27198
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023408
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-3790
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054857
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107601
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt039400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt068885
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt086009
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt080852
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt077481
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0149887
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt096262
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0490491
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04264
IRS990ScheduleA/InvestmentIncomeCYPct00.00760
IRS990ScheduleA/InvestmentIncomePYPct00.00700
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99240
IRS990ScheduleA/PublicSupportPY509Pct00.99300
IRS990ScheduleA/PublicSupportTotal509Amt0559376
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt099045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt083011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0152087
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0135662
IRS990ScheduleA/Total509Grp/TotalAmt0559376
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0103220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt083017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0152096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0135667
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0563640
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0178400
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0178400
IRS990ScheduleD/EquipmentGrp/BookValueAmt0411
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01162
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01573
IRS990ScheduleD/LandGrp/BookValueAmt041600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0182841
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0182841
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24955
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PROPERTY TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4TENANT SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0403252
IRS990ScheduleD/TotalLiabilityAmt013204
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS OF THE BOARD REVIEW FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING PERIODIC BOARD MEETINGS POTENTIAL CONFLICTS ARE DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0336781
IRS990/TotalAssetsEOYAmt0559414
IRS990/TotalAssetsGrp/BOYAmt0336781
IRS990/TotalAssetsGrp/EOYAmt0559414
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03562
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0103030
IRS990/TotalFunctionalExpensesGrp/TotalAmt0103030
IRS990/TotalGrossUBIAmt069
IRS990/TotalLiabilitiesBOYAmt0313373
IRS990/TotalLiabilitiesEOYAmt0563204
IRS990/TotalLiabilitiesGrp/BOYAmt0313373
IRS990/TotalLiabilitiesGrp/EOYAmt0563204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023408
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3790
IRS990/TotalProgramServiceExpensesAmt0103030
IRS990/TotalProgramServiceRevenueAmt08387
IRS990/TotalReportableCompFromOrgAmt023975
IRS990/TotalRevenueGrp/ExclusionAmt063814
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08387
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075832
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt069
IRS990/TotalVolunteersCnt024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.96$0.49$0.25$0.33$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.97$0.43$0.58$0.68$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.47$1.03$0.56$0.20$0.67$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.82$0.27$0.56$0.63$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.68$0.18$1.95$0.67$1.28
2019Detailed filing. Detailed filing data is available for this year.$7.01$8.13$1.12$0.46$0.54$0.08
2018Detailed filing. Detailed filing data is available for this year.$7.03$8.12$1.09$0.40$0.53$0.13
2017Detailed filing. Detailed filing data is available for this year.$7.18$8.16$0.99$0.69$0.67$0.02
2016Detailed filing. Detailed filing data is available for this year.$7.27$8.16$0.89$0.66$0.88$0.23
2015Detailed filing. Detailed filing data is available for this year.$7.30$7.96$0.66$0.59$1.11$0.52
2014Detailed filing. Detailed filing data is available for this year.$5.59$5.63$0.04$0.76$1.03$0.27
2013Detailed filing. Detailed filing data is available for this year.$3.37$3.13$0.23$0.90$0.90$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.27$0.23$0.67$0.84$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.32$0.40$1.10$1.00$0.10