Civic Intelligence

Svaca Inc

990 • Fiscal year 2017 • EIN 23-7377986

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

PO Box 21Fort Ransom, ND 58033

(701) 973-4461

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

27th percentile

-7.4%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

39th percentile

-2.7%

Faster asset growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

33rd percentile

-10%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Down

$178,810

Down $10,125 (-5.4%) from 2015

Net Assets

Down

$178,810

Down $10,125 (-5.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$44,547

Down $10,622 (-19%) from 2015

Expenses

Down

$47,840

Down $10,261 (-18%) from 2015

Net Income

Down

-$3,293

Down $361 (-12%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $179,043Liabilities 2012: $0Net Assets 2012: $179,0432012Assets 2013: $180,687Liabilities 2013: $0Net Assets 2013: $180,6872013Assets 2014: $191,867Liabilities 2014: $0Net Assets 2014: $191,8672014Assets 2015: $188,935Liabilities 2015: $0Net Assets 2015: $188,9352015Assets 2017: $178,810Liabilities 2017: $0Net Assets 2017: $178,8102017Assets 2018: $168,952Liabilities 2018: $0Net Assets 2018: $168,9522018Assets 2024: $164,573Net Assets 2024: $164,5732024

Highlighted filing

2017

Assets$178,810
Liabilities$0
Net Assets$178,810

Operations Trend

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

$60K$40K$20K$0-$20KExpenses 2012: $37,4602012Expenses 2013: $53,1922013Revenue 2014: $54,690Expenses 2014: $43,510Net Income 2014: $11,1802014Revenue 2015: $55,169Expenses 2015: $58,101Net Income 2015: -$2,9322015Revenue 2017: $44,547Expenses 2017: $47,840Net Income 2017: -$3,2932017Revenue 2018: $39,853Expenses 2018: $49,711Net Income 2018: -$9,8582018Revenue 2024: $53,600Expenses 2024: $38,668Net Income 2024: $14,9322024

Highlighted filing

2017

Revenue$44,547
Expenses$47,840
Net Income-$3,293
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$44,547
Mission and Program Overview

Mission

Organization's primary exempt purpose is to educate and promote the arts and to provide for area artists to display, demonstrate and sell their work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$137,685$126,928▼ $10,757
Cash and Non-Interest-Bearing Accounts$44,418$51,882▲ $7,464
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$182,103$178,810▼ $3,293
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$182,103$178,810▼ $3,293
Total Net Assets Fund Balance$182,103$178,810▼ $3,293
Total Liabilities and Net Assets / Fund Balance$182,103$178,810▼ $3,293

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$112,661$55,437$168,098
Equipment$14,267$36,497$50,764
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric PedersonPresident
Harvey HaarsagerVice President
Ann WendelDirector
Arlys SorbyDirector
Darlene DahlDirector
Darrell MennisDirector
Don BustaDirector
Jan HansonDirector
Janice CroppDirector
Jerry NessDirector
Kari BunnDirector
Katherine PlessnerDirector
Lynn HansonDirector
Noreen FraaseDirector
Shirley HansenDirector
Steve KolrudDirector
Ruth LarsonSecretary
Marilyn SorbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$300
Program Service Revenue
$43,844
Investment Income
$403
Other Revenue
$0
All Other Contributions
$300
Change in Net Assets
$-3,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,308
Salaries, Compensation, and Employee Benefits$3,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$8,606$2,151-$10,757
All Other Expenses$4,164$649-$4,813
Insurance$2,996$749-$3,745
Occupancy$3,667--$3,667
Other Salaries and Wages$2,422$605-$3,027
Advertising$2,256$564-$2,820
Other Expenses$2,000--$2,000
Fees for Services Accounting$480$120-$600
Office Expenses$470$118-$588
Payroll Taxes$404$101-$505
Total Functional Expenses$42,783$5,057$0$47,840
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Svaca Inc
EIN
23-7377986
Phone
7019734461
Address
PO BOX 21, FORT RANSOM, ND 58033

Signing Officer

Name
Marilyn Sorby
Title
Treasurer
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Sorby
Formed
1974
Legal Domicile
Nd
Voting Board Members
18
Independent Board Members
0
Employees
0

Preparer

Firm
Cynthia G Olson CPA Pc
Address
302 MAIN STREET, LISBON, ND 58054
Preparer
Cynthia G Olson CPA
Phone
7016832700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

FILING FEES: Column (A) - Total = $10; Column (B) - Program Services = $8; Column (C) - Management & General = $2; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FOOD STAND FOR SHOW: Column (A) - Total = $237; Column (B) - Program Services = $237; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

GIFTS: Column (A) - Total = $205; Column (B) - Program Services = $164; Column (C) - Management & General = $41; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $19; Column (B) - Program Services = $15; Column (C) - Management & General = $4; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

REPAIRS: Column (A) - Total = $1203; Column (B) - Program Services = $962; Column (C) - Management & General = $241; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SALES TAX: Column (A) - Total = $460; Column (B) - Program Services = $460; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

STYLE SHOW: Column (A) - Total = $340; Column (B) - Program Services = $340; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES: Column (A) - Total = $465; Column (B) - Program Services = $372; Column (C) - Management & General = $93; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE: Column (A) - Total = $1339; Column (B) - Program Services = $1071; Column (C) - Management & General = $268; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

VENDOR REFUNDS: Column (A) - Total = $535; Column (B) - Program Services = $535; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt044547
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0749
IRS990/InsuranceGrp/ProgramServicesAmt02996
IRS990/InsuranceGrp/TotalAmt03745
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0403
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0403
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt091934
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0137685
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0126928
IRS990/LandBldgEquipCostOrOtherBssAmt0218862
IRS990/LegalDomicileStateCd0ND
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO EDUCATE AND PROMOTE THE ARTS AND TO PROVIDE FOR AREA ARTISTS TO DISPLAY, DEMONSTRATE AND SELL THEIR WORK.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0182103
IRS990/NetAssetsOrFundBalancesEOYAmt0178810
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt03667
IRS990/OccupancyGrp/TotalAmt03667
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0118
IRS990/OfficeExpensesGrp/ProgramServicesAmt0470
IRS990/OfficeExpensesGrp/TotalAmt0588
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ART SHOW EXP
IRS990/OtherExpensesGrp/Desc1TIMELESS TREASURE EXP
IRS990/OtherExpensesGrp/Desc2HOLIDAY & SYTTENDE MAI
IRS990/OtherExpensesGrp/Desc3ARTIST IN RESIDENCE
IRS990/OtherExpensesGrp/ProgramServicesAmt07539
IRS990/OtherExpensesGrp/ProgramServicesAmt15438
IRS990/OtherExpensesGrp/ProgramServicesAmt22341
IRS990/OtherExpensesGrp/ProgramServicesAmt32000
IRS990/OtherExpensesGrp/TotalAmt07539
IRS990/OtherExpensesGrp/TotalAmt15438
IRS990/OtherExpensesGrp/TotalAmt22341
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0605
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02422
IRS990/OtherSalariesAndWagesGrp/TotalAmt03027
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0101
IRS990/PayrollTaxesGrp/ProgramServicesAmt0404
IRS990/PayrollTaxesGrp/TotalAmt0505
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARILYN SORBY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ARTS SHOW
IRS990/ProgramServiceRevenueGrp/Desc1HOLIDAY FESTIVAL
IRS990/ProgramServiceRevenueGrp/Desc2TIMESLESS TREASURES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11772
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26531
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03315
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02050
IRS990/PYInvestmentIncomeAmt0290
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt030412
IRS990/PYProgramServiceRevenueAmt020822
IRS990/PYRevenuesLessExpensesAmt0-10518
IRS990/PYSalariesCompEmpBnftPaidAmt02483
IRS990/PYTotalExpensesAmt034945
IRS990/PYTotalRevenueAmt024427
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3293
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043844
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0101
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03309
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05290
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09100
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0403
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0290
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0804
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0290
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0408

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