Civic Intelligence

Finnish Center Association

990 • Fiscal year 2012 • EIN 23-7246811

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 05, 2013

35200 W Eight Mile Rd48335
Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

38th percentile

-1.7%

Faster asset growth than 38% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$561,032

Down $9,437 (-1.7%) from 2011

Net Assets

Down

$552,773

Down $6,246 (-1.1%) from 2011

Liabilities

Down

$8,259

Down $3,191 (-28%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$133,387

Down $7,552 (-5.4%) from 2011

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

2012

Assets$561,032
Liabilities$8,259
Net Assets$552,773

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

2012

Revenue-
Expenses$133,387
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 5, 2013
Return Version
2012v2.1
Gross Receipts
$227,883
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
Education- to continue the finn's long standing dedication to education, collegiate scholarships and educational grants are made available on an annual basis.
Filing and Contact Details

Filer

EIN
23-7246811
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IRS990/Activity2/Description0EDUCATION- TO CONTINUE THE FINN'S LONG STANDING DEDICATION TO EDUCATION, COLLEGIATE SCHOLARSHIPS AND EDUCATIONAL GRANTS ARE MADE AVAILABLE ON AN ANNUAL BASIS.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION DETERMINED THAT AN AMOUNT OF 13,582 WAS EMBEZZLED BY A FOMER OFFICER OF THE ORGANIZATION IN 2012 AND THAT APPROXIMATELY 53,000 HAD BEEN EMBEZZLED OVER THE COURSE OF SEVERAL YEARS. THE OFFICER HAS BEEN REMOVED FROM THE ORGANIZATION AND THE INVESTIGATION HAS BEEN RESOLVED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION HAD 845 MEMBERS IN 2012. MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/GeneralExplanation/Explanation2MEMBERS HAVE THE POWER TO ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/GeneralExplanation/Explanation3CHANGES TO THE ORGANIZATION'S BY-LAWS, DISMISSAL OF MEMBERS OR BOARD MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE FINANCE COMMITTEE WILL REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation5A COPY OF THE 990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation6THEFT 13,582 AN AMOUNT OF 13,582 WAS DETERMINED TO HAVE BEEN EMBEZZLED BY A FORMER OFFICER DURING 2012. THE EMBEZZLEMENT TOTALED APPROXIMATELY 53,000 OVER THE COURSE OF SEVERAL YEARS. THE INVESTIGATION HAS CONCLUDED, THE OFFICER HAS BEEN RELIVED OF DUTIES AND IS NO LONGER AFFILIATED WITH THE ORGANIZATION. THE PRIOR PERIOD ADJUSTMENT OF 14,949 IS THE RESULT OF FUNDS WHICH WERE EMBEZZLED IN PRIOR YEARS.
IRS990ScheduleO/GeneralExplanation/Identifier0MATERIAL DIVERSION OF ASSETS
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IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier6OTHER CHANGES IN NET ASSETS EXPLANATION
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IRS990/TotalFunctionalExpenses/ProgramServices097751
IRS990/TotalFunctionalExpenses/Total0133387
IRS990/TotalFundrsngExpCurrentYear011141
IRS990/TotalGrossUBI01683
IRS990/TotalLiabilities/BOY011450
IRS990/TotalLiabilitiesBOY011450
IRS990/TotalLiabilities/EOY08259
IRS990/TotalLiabilitiesEOY08259
IRS990/TotalLiabNetAssetsFundBalances/BOY0570469
IRS990/TotalLiabNetAssetsFundBalances/EOY0561032
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers030
IRS990/TotalNetAssetsFundBalances/BOY0559019
IRS990/TotalNetAssetsFundBalances/EOY0552773
IRS990/TotalOtherRevenue028640
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense097751
IRS990/TotalProgramServiceRevenue048484
IRS990/TotalRevenueCurrentYear0155672
IRS990/TotalRevenue/ExclusionAmount092568
IRS990/TotalRevenuePriorYear072381
IRS990/TotalRevenue/TotalRevenueColumn0155672
IRS990/TotalRevenue/UnrelatedBusinessRevenue01683
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0true
IRS990/UnrestrictedNetAssets/BOY0559019
IRS990/UnrestrictedNetAssets/EOY0521470
IRS990/UponRequest0X
IRS990/WebSite0WWW.FINNISHCENTER.ORG/
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01966
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0237246811

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