Civic Intelligence

Finnish Center Association

990 • Fiscal year 2011 • EIN 23-7246811

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 14, 2012

35200 W Eight Mile Rd48335
Siviq Scores

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

Liabilities / Assets

39th percentile

0.02x

Higher debt load relative to assets than 39% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

14th percentile

-15%

Faster asset growth than 14% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$570,469

Down $97,750 (-15%) from 2010

Net Assets

Down

$559,019

Down $68,558 (-11%) from 2010

Liabilities

Down

$11,450

Down $29,192 (-72%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$140,939

Down $85,917 (-38%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $668,219Liabilities 2010: $40,642Net Assets 2010: $627,5772010Assets 2011: $570,469Liabilities 2011: $11,450Net Assets 2011: $559,0192011Assets 2012: $561,032Liabilities 2012: $8,259Net Assets 2012: $552,7732012Assets 2013: $589,558Liabilities 2013: $5,573Net Assets 2013: $583,9852013Assets 2014: $636,038Liabilities 2014: $6,703Net Assets 2014: $629,3352014Assets 2015: $620,803Liabilities 2015: $1,681Net Assets 2015: $619,1222015Assets 2016: $607,128Liabilities 2016: $13,114Net Assets 2016: $594,0142016Assets 2017: $586,581Liabilities 2017: $19,533Net Assets 2017: $567,0482017Assets 2018: $628,231Liabilities 2018: $34,854Net Assets 2018: $593,3772018Assets 2019: $679,029Liabilities 2019: $29,081Net Assets 2019: $649,9482019Assets 2020: $618,006Liabilities 2020: $22,687Net Assets 2020: $595,3192020Assets 2021: $596,873Liabilities 2021: $56,811Net Assets 2021: $540,0622021Assets 2022: $524,522Liabilities 2022: $35,978Net Assets 2022: $488,5442022Assets 2023: $557,874Liabilities 2023: $9,360Net Assets 2023: $548,5142023Assets 2024: $608,240Liabilities 2024: $10,279Net Assets 2024: $597,9612024

Highlighted filing

2011

Assets$570,469
Liabilities$11,450
Net Assets$559,019

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $226,8562010Expenses 2011: $140,9392011Expenses 2012: $133,3872012Revenue 2013: $188,598Expenses 2013: $157,386Net Income 2013: $31,2122013Revenue 2014: $217,790Expenses 2014: $172,440Net Income 2014: $45,3502014Revenue 2015: $165,300Expenses 2015: $175,513Net Income 2015: -$10,2132015Revenue 2016: $170,736Expenses 2016: $190,765Net Income 2016: -$20,0292016Revenue 2017: $167,837Expenses 2017: $194,803Net Income 2017: -$26,9662017Revenue 2018: $215,257Expenses 2018: $188,928Net Income 2018: $26,3292018Revenue 2019: $238,889Expenses 2019: $182,318Net Income 2019: $56,5712019Revenue 2020: $70,439Expenses 2020: $125,068Net Income 2020: -$54,6292020Revenue 2021: $67,943Expenses 2021: $123,200Net Income 2021: -$55,2572021Revenue 2022: $105,066Expenses 2022: $156,584Net Income 2022: -$51,5182022Revenue 2023: $189,699Expenses 2023: $129,729Net Income 2023: $59,9702023Revenue 2024: $258,337Expenses 2024: $208,890Net Income 2024: $49,4472024

Highlighted filing

2011

Revenue-
Expenses$140,939
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 14, 2012
Return Version
2011v1.2
Gross Receipts
$149,961
Mission and Program Overview

Mission

The finnish center association is dedicated to promoting the preservation of the finnish and finnish-american culture by offering its members a wide variety of opportunity to immerse themselves in the finnish culture. In order to continue the long-standing finnish focus on education, collegiate scholarships and educational grants are made available on an annual basis.

Major Activities

Activity 2
Other program service activities
Activity 3
Expenses pursuant to the usage of the finnish hall for various finnish cultural activities, approximately 500 persons
Filing and Contact Details

Filer

EIN
23-7246811
Raw XML AppendixShowing 400 of 415 raw XML fields

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IRS990ScheduleO/GeneralExplanation/Explanation0FINNISH CENTER ASSOCIATION WAS CREATED TO PROVIDE FOR THE SPIRITUAL, PHYSICAL AND CULTURAL WELFARE OF ITS MEMBERS; TO SERVE AS THE PARENT OR CENTRAL COORDINATING ORGANIZATION FOR THE VARIOUS FINNISH-AMERICAN ORGANIZATIONS WHICH ARE NON-PROFIT AND WHICH FOSTER THE PURPOSE OF THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation1OTHER PROGRAM SERVICES
IRS990ScheduleO/GeneralExplanation/Explanation2YES. THERE IS AN ONGOING INVESTIGATION TO DETERMINE THE EXTENT OF THE EMBEZZLEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/GeneralExplanation/Explanation4A COPY OF THE 990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5FOOD & BEVERAGE 6,177 OTHER CULTURAL EXPENSES 3,593 SUPPLIES 2,610 KITCHEN EXPENSES 2,571 LICENSES & PERMITS 2,400 LAUNDRY 2,089 MISCELLANEOUS 999 LICENSE 900 BANK FEES 654 SUBSCRIPTIONS 464
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier2MATERIAL DIVERSION OF ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier3ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier5OTHER EXPENSES
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IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 5
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UnrestrictedNetAssets/BOY0627577
IRS990/UnrestrictedNetAssets/EOY0559019
IRS990/UnsecuredNotesLoansPayable/BOY01600
IRS990/UponRequest0X
IRS990/WebSite0WWW.FINNISHCENTER.ORG/
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01966
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0237246811
ReturnHeader/Filer/Name/BusinessNameLine10FINNISH CENTER ASSOCIATION
ReturnHeader/Filer/NameControl0FINN
ReturnHeader/Filer/Phone02484786939
ReturnHeader/Filer/USAddress/AddressLine1035200 W EIGHT MILE RD
ReturnHeader/Filer/USAddress/City0FARMINGTON HILLS
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048335
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-11-14
ReturnHeader/Officer/Name0MIA LAMMINEN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.08$0.10$5.98$2.58$2.09$0.49
2023Detailed filing. Detailed filing data is available for this year.$5.58$0.09$5.49$1.90$1.30$0.60
2022Detailed filing. Detailed filing data is available for this year.$5.25$0.36$4.89$1.05$1.57$0.52
2021Detailed filing. Detailed filing data is available for this year.$5.97$0.57$5.40$0.68$1.23$0.55
2020Detailed filing. Detailed filing data is available for this year.$6.18$0.23$5.95$0.70$1.25$0.55
2019Detailed filing. Detailed filing data is available for this year.$6.79$0.29$6.50$2.39$1.82$0.57
2018Detailed filing. Detailed filing data is available for this year.$6.28$0.35$5.93$2.15$1.89$0.26
2017Detailed filing. Detailed filing data is available for this year.$5.87$0.20$5.67$1.68$1.95$0.27
2016Detailed filing. Detailed filing data is available for this year.$6.07$0.13$5.94$1.71$1.91$0.20
2015Detailed filing. Detailed filing data is available for this year.$6.21$0.02$6.19$1.65$1.76$0.10
2014Detailed filing. Detailed filing data is available for this year.$6.36$0.07$6.29$2.18$1.72$0.45
2013Detailed filing. Detailed filing data is available for this year.$5.90$0.06$5.84$1.89$1.57$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.08$5.53$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.11$5.59$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.68$0.41$6.28$2.27