Civic Intelligence

Olivia'S Gift Inc

990 • Fiscal year 2014 • EIN 20-3275984

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 02, 2015

5040 Cascade RoadGrand Rapids, MI 49546

(616) 447-1980

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

38th percentile

$24,997

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

38th percentile

-0.8%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-28%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Flat

$1,251,299

Flat from 2014

Net Assets

Flat

$1,247,861

Flat from 2014

Liabilities

Flat

$3,438

Flat from 2014

Revenue

Flat

$95,272

Flat from 2014

Expenses

Flat

$105,764

Flat from 2014

Net Income

Flat

-$10,492

Flat from 2014

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$0Assets 2011: $237,141Liabilities 2011: $02011Assets 2012: $1,231,950Liabilities 2012: $3,398Net Assets 2012: $1,228,5522012Assets 2013: $1,261,751Liabilities 2013: $3,398Net Assets 2013: $1,258,3532013Assets 2014: $1,251,299Liabilities 2014: $3,438Net Assets 2014: $1,247,8612014Assets 2014: $1,251,299Liabilities 2014: $3,438Net Assets 2014: $1,247,8612014Assets 2015: $1,215,970Liabilities 2015: $3,438Net Assets 2015: $1,212,5322015Assets 2016: $1,278,864Liabilities 2016: $6,563Net Assets 2016: $1,272,3012016Assets 2017: $1,431,577Liabilities 2017: $148,706Net Assets 2017: $1,282,8712017Assets 2018: $1,463,381Liabilities 2018: $140,603Net Assets 2018: $1,322,7782018Assets 2019: $1,482,070Liabilities 2019: $132,742Net Assets 2019: $1,349,3282019Assets 2020: $1,504,392Liabilities 2020: $123,255Net Assets 2020: $1,381,1372020Assets 2021: $1,516,989Liabilities 2021: $112,298Net Assets 2021: $1,404,6912021Assets 2022: $1,563,256Liabilities 2022: $102,490Net Assets 2022: $1,460,7662022Assets 2023: $1,589,185Liabilities 2023: $89,537Net Assets 2023: $1,499,6482023Assets 2024: $1,601,501Liabilities 2024: $76,040Net Assets 2024: $1,525,4612024

Highlighted filing

2014

Assets$1,251,299
Liabilities$3,438
Net Assets$1,247,861

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $139,676Expenses 2011: $24,594Net Income 2011: $115,0822011Expenses 2012: $42,3712012Revenue 2013: $132,775Expenses 2013: $102,974Net Income 2013: $29,8012013Revenue 2014: $95,272Expenses 2014: $105,764Net Income 2014: -$10,4922014Revenue 2014: $95,272Expenses 2014: $105,764Net Income 2014: -$10,4922014Revenue 2015: $50,096Expenses 2015: $85,419Net Income 2015: -$35,3232015Revenue 2016: $167,976Expenses 2016: $108,208Net Income 2016: $59,7682016Revenue 2017: $145,525Expenses 2017: $134,955Net Income 2017: $10,5702017Revenue 2018: $179,306Expenses 2018: $139,399Net Income 2018: $39,9072018Revenue 2019: $158,471Expenses 2019: $131,921Net Income 2019: $26,5502019Revenue 2020: $147,375Expenses 2020: $115,566Net Income 2020: $31,8092020Revenue 2021: $140,104Expenses 2021: $116,550Net Income 2021: $23,5542021Revenue 2022: $194,466Expenses 2022: $138,391Net Income 2022: $56,0752022Revenue 2023: $181,346Expenses 2023: $142,464Net Income 2023: $38,8822023Revenue 2024: $205,292Expenses 2024: $179,479Net Income 2024: $25,8132024

Highlighted filing

2014

Revenue$95,272
Expenses$105,764
Net Income-$10,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 2, 2015
Return Version
2014v5.0
Gross Receipts
$98,838
Mission and Program Overview

Mission

Olivia's gift is an inspiring, repeatable, and much-needed model for providing celebrated living for adults with serious disabilities.

Olivia's gift is a model for nonprofit residential living for adults with severe disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,129,360$1,092,149▼ $37,211
Savings and Temporary Cash Investments$114,391$159,150▲ $44,759
Receivables From Officers Etc$18,000$0▼ $18,000
Total Assets$1,261,751$1,251,299▼ $10,452
Liabilities
Escrow Account Liability$3,398$3,438▲ $40
Total Liabilities$3,398$3,438▲ $40
Net Assets / Fund Balance
Unrestricted Net Assets$1,258,353$1,247,861▼ $10,492
Total Net Assets Fund Balance$1,258,353$1,247,861▼ $10,492
Total Liabilities and Net Assets / Fund Balance$1,261,751$1,251,299▼ $10,452

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,050,117$66,827$1,116,944
Other Land Buildings$42,032$23,591$65,623
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kelly HenricksonExecutive DirectorFT$24,997$24,997

Board Members and Trustees

NameTitle
Doug FoltzChairman
Dan HenricksonPast Chairman
Chuck SaurVice Chairman
Tracy FoltzSecretary
Ken VaniddekingeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,981
Program Service Revenue
$43,046
Investment Income
$295
Other Revenue
$950
All Other Contributions
$9,580
Change in Net Assets
$-10,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$37,206--$37,206
Fees for Services Other$22,770$7,590-$30,360
Occupancy$12,524$4,391-$16,915
Insurance$6,374$875-$7,249
Office Expenses-$1,614-$1,614
Fees for Services Accounting-$525-$525
Fees for Services Legal$250$14-$264
Other Expenses$2,127$234-$234
Advertising$52--$52
Information Technology-$32-$32
Total Functional Expenses$90,489$15,275$0$105,764
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,566
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beach Bash$41,401-$3,566-
Total Events$41,401-$3,566$-3,566
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 Officers, Directors, Trustees, and Key Employees$18,000$0▼ $18,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Section A, Line 2

A member of the board and executive director had a prior relationship.

Form 990, Part VI, Section B, Line 11

990 was given to board of directors prior to filing.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request from the administrative office.

Filing and Contact Details

Filer

Filer Name
OLIVIA'S GIFT INC
EIN
20-3275984
Phone
6164471980
Address
5040 CASCADE ROAD, GRAND RAPIDS, MI 49546

Signing Officer

Name
Doug Foltz
Title
Treasurer
Phone
6164471980
Signed
2015-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Vaniddekinge
Formed
2007
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Hungerford Nichols Cpas Advisors
Address
2910 LUCERNE DRIVE SE, GRAND RAPIDS, MI 49546-7175
Preparer
Corey E Balkon CPA
Phone
6169493200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor: program service expenses 22,770. Management and general expenses 7,590. Fundraising expenses 0. Total expenses 30,360.

Financial Statement Notes

PART IV, LINE 2B:

The organization holds a security deposit for the client.

Raw XML Appendix373 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS A SECURITY DEPOSIT FOR THE CLIENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01092149
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt041401
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt041401
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03566
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BEACH BASH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041401
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041401
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3566
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03566
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03566
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MEMBER OF THE BOARD AND EXECUTIVE DIRECTOR HAD A PRIOR RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 WAS GIVEN TO BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR: PROGRAM SERVICE EXPENSES 22,770. MANAGEMENT AND GENERAL EXPENSES 7,590. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,360.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01261751
IRS990/TotalAssetsEOYAmt01251299
IRS990/TotalAssetsGrp/BOYAmt01261751
IRS990/TotalAssetsGrp/EOYAmt01251299
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt050981
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015275
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090489
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105764
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03398
IRS990/TotalLiabilitiesEOYAmt03438
IRS990/TotalLiabilitiesGrp/BOYAmt03398
IRS990/TotalLiabilitiesGrp/EOYAmt03438
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01258353
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01247861
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt090489
IRS990/TotalProgramServiceRevenueAmt043046
IRS990/TotalReportableCompFromOrgAmt024997
IRS990/TotalRevenueGrp/ExclusionAmt0-3271
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047562
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095272
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01261751
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01251299
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01258353
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01247861
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05040 CASCADE ROAD
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049546
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.OLIVIASGIFT.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG FOLTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06164471980
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLIVIA'S GIFT INC
ReturnHeader/Filer/BusinessNameControlTxt0OLIV
ReturnHeader/Filer/EIN0203275984
ReturnHeader/Filer/PhoneNum06164471980
ReturnHeader/Filer/USAddress/AddressLine1Txt05040 CASCADE ROAD
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049546
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382184825
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUNGERFORD NICHOLS CPAS ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02910 LUCERNE DRIVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0495467175
ReturnHeader/PreparerPersonGrp/PhoneNum06169493200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0COREY E BALKON CPA
ReturnHeader/ReturnTs02015-11-04T07:17:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.08$1.53$0.21$0.18$0.03
2023Summary only. Only limited summary data is available for this year.$1.59$0.09$1.50$0.18$0.14$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.10$1.46$0.19$0.14$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.11$1.40$0.14$0.12$0.02
2020Summary only. Only limited summary data is available for this year.$1.50$0.12$1.38$0.15$0.12$0.03
2019Summary only. Only limited summary data is available for this year.$1.48$0.13$1.35$0.16$0.13$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.14$1.32$0.18$0.14$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.15$1.28$0.15$0.13$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.01$1.27$0.17$0.11$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.21$0.05$0.09$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.10$0.11$0.01
2014Summary only. Only limited summary data is available for this year.$1.25$0.00$1.25$0.10$0.11$0.01
2013Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.13$0.10$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.04
2011Summary only. Only limited summary data is available for this year.$0.24$0.00$0.14$0.02$0.12