Civic Intelligence

Litchfield Industrial Corporation

990 • Fiscal year 2013 • EIN 23-7165709

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 03, 2014

Organization ProfileN/A
535 Marshall Street49252

(517) 542-2946

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)4 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Source year 2013

Asset Growth

26th percentile

-8.5%

Faster asset growth than 26% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$57,191

Down $5,336 (-8.5%) from 2012

Net Assets

Down

$57,191

Down $5,336 (-8.5%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

Down

$5,345

Down $2,144 (-29%) from 2012

Net Income

-$5,345

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$80K$60K$40K$20K$0Assets 2010: $78,464Liabilities 2010: $0Net Assets 2010: $78,4642010Assets 2011: $69,821Liabilities 2011: $0Net Assets 2011: $69,8212011Assets 2012: $62,527Liabilities 2012: $0Net Assets 2012: $62,5272012Assets 2013: $57,191Liabilities 2013: $0Net Assets 2013: $57,1912013Assets 2014: $55,925Liabilities 2014: $309Net Assets 2014: $55,6162014

Highlighted filing

2013

Assets$57,191
Liabilities$0
Net Assets$57,191
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10K$5.0K$0-$5.0K-$10KExpenses 2010: $4,5122010Expenses 2011: $8,6552011Expenses 2012: $7,4892012Revenue 2013: $0Expenses 2013: $5,345Net Income 2013: -$5,3452013Revenue 2014: $0Expenses 2014: $1,575Net Income 2014: -$1,5752014

Highlighted filing

2013

Revenue$0
Expenses$5,345
Net Income-$5,345
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 3, 2014
Return Version
2013v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

To see that financing is available for small business to begin operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$38,257$56,756▲ $18,499
Cash and Non-Interest-Bearing Accounts$24,279$435▼ $23,844
Total Assets$62,536$57,191▼ $5,345
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$62,536$57,191▼ $5,345
Total Net Assets Fund Balance$62,536$57,191▼ $5,345
Total Liabilities and Net Assets / Fund Balance$62,536$57,191▼ $5,345

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$159-
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
Eugene SouthworthPresident
Ila J SmithSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,550
Other Expenses$1,795
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,800--$2,800
Grants to Domestic Individuals$750--$750
Fees for Services Accounting-$550-$550
Other Expenses-$20-$20
Total Functional Expenses$3,550$1,795$0$5,345
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

EIN
23-7165709

Signing Officer

Name
Eugene Southworth
Title
President
Signed
2014-06-03

Organization Details

Voting Board Members
5
Independent Board Members
3
Employees
0

Preparer

Preparer
Peter J Bildner CPA
Phone
5174391585
Raw XML Appendix213 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SEE THAT FINANCING IS AVAILABLE FOR SMALL BUSINESS TO BEGIN OPERATIONS.
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JACK SMITH
IRS990/BooksInCareOfDetail/PhoneNum05175422946
IRS990/BooksInCareOfDetail/USAddress/AddressLine10535 MARSHALL STREET
IRS990/BooksInCareOfDetail/USAddress/City0LITCHFIELD
IRS990/BooksInCareOfDetail/USAddress/State0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode049252
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt024279
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt03550
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01795
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-5345
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05345
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt00
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
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IRS990/Desc0GRANTS OF SEED MONEY FOR NEW LITCHFIELD BUSINESSES
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03550
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0550
IRS990/FeesForServicesAccountingGrp/TotalAmt0550
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0EUGENE SOUTHWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm1ILA J SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt03550
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0750
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02800
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02800
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0159
IRS990/LandBldgEquipCostOrOtherBssAmt0159
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SEE THAT FINANCING IS AVAILABLE FOR SMALL BUSINESS TO BEGIN OPERATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt062536
IRS990/NetAssetsOrFundBalancesEOYAmt057191
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0INSURANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAX
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CORPORATE LICENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt162
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt238
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320
IRS990/OtherExpensesGrp/TotalAmt01125
IRS990/OtherExpensesGrp/TotalAmt162
IRS990/OtherExpensesGrp/TotalAmt238
IRS990/OtherExpensesGrp/TotalAmt320
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt038257
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt056756
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05567
IRS990/PYInvestmentIncomeAmt0195
IRS990/PYOtherExpensesAmt01922
IRS990/PYRevenuesLessExpensesAmt0-7294
IRS990/PYTotalExpensesAmt07489
IRS990/PYTotalRevenueAmt0195
IRS990/ReconcilationRevenueExpnssAmt0-5345
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0159
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0159
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt062536
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt062536
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IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EUGENE SOUTHWORTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10LITCHFIELD INDUSTRIAL CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LITC
ReturnHeader/Filer/EIN0237165709
ReturnHeader/Filer/USAddress/AddressLine10535 MARSHALL STREET
ReturnHeader/Filer/USAddress/City0LITCHFIELD
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode049252
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BILDNER & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101522 HUDSON ROAD PO BOX 284
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HILLSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0492420284
ReturnHeader/PreparerPersonGrp/PhoneNum05174391585
ReturnHeader/PreparerPersonGrp/PreparationDt02014-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER J BILDNER CPA
ReturnHeader/ReturnTs02014-06-03T14:43:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,191
Liabilities
$0
Net assets
$57,191
Revenue
$0
Expenses
$5,345
Net income
-$5,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$55.9$0.31$55.6$0.00$1.58$1.58
2013Detailed filing. Detailed filing data is available for this year.$57.2$0.00$57.2$0.00$5.35$5.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.5$0.00$62.5$7.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.8$0.00$69.8$8.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$78.5$0.00$78.5$4.51