Civic Intelligence

Sitka Sound Science Center Inc

990 • Fiscal year 2013 • EIN 26-1253086

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 22, 2014

834 Lincoln Street99835

(907) 747-8878

Siviq Scores

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

Liabilities / Assets

74th percentile

0.42x

Higher debt load relative to assets than 74% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

75th percentile

0.45x

Higher debt load relative to revenue than 75% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

94th percentile

69%

Faster asset growth than 94% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M 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

Assets

Up

$2,049,074

Up $839,724 (+69%) from 2012

Net Assets

Up

$1,178,575

Up $442,970 (+60%) from 2012

Liabilities

Up

$870,499

Up $396,754 (+84%) from 2012

Revenue

$1,923,217

No earlier filing loaded for comparison.

Expenses

Up

$1,480,247

Up $435,434 (+42%) from 2012

Net Income

$442,970

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.

$10M$5.0M$0Assets 2010: $586,092Liabilities 2010: $373,354Net Assets 2010: $212,7382010Assets 2011: $749,582Liabilities 2011: $22,513Net Assets 2011: $727,0692011Assets 2012: $1,209,350Liabilities 2012: $473,745Net Assets 2012: $735,6052012Assets 2013: $2,049,074Liabilities 2013: $870,499Net Assets 2013: $1,178,5752013Assets 2014: $3,037,614Liabilities 2014: $748,048Net Assets 2014: $2,289,5662014Assets 2015: $3,189,075Liabilities 2015: $701,554Net Assets 2015: $2,487,5212015Assets 2016: $3,394,938Liabilities 2016: $735,264Net Assets 2016: $2,659,6742016Assets 2017: $3,578,411Liabilities 2017: $757,152Net Assets 2017: $2,821,2592017Assets 2018: $3,434,699Liabilities 2018: $500,273Net Assets 2018: $2,934,4262018Assets 2019: $4,849,755Liabilities 2019: $1,043,105Net Assets 2019: $3,806,6502019Assets 2020: $5,666,488Liabilities 2020: $698,594Net Assets 2020: $4,967,8942020Assets 2021: $6,606,063Liabilities 2021: $653,562Net Assets 2021: $5,952,5012021Assets 2022: $7,572,851Liabilities 2022: $1,099,989Net Assets 2022: $6,472,8622022Assets 2023: $8,561,714Liabilities 2023: $1,565,349Net Assets 2023: $6,996,3652023Assets 2024: $9,047,691Liabilities 2024: $1,470,236Net Assets 2024: $7,577,4552024

Highlighted filing

2013

Assets$2,049,074
Liabilities$870,499
Net Assets$1,178,575

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $374,9182010Expenses 2011: $716,7982011Expenses 2012: $1,044,8132012Revenue 2013: $1,923,217Expenses 2013: $1,480,247Net Income 2013: $442,9702013Revenue 2014: $2,707,865Expenses 2014: $1,596,874Net Income 2014: $1,110,9912014Revenue 2015: $2,220,576Expenses 2015: $2,022,621Net Income 2015: $197,9552015Revenue 2016: $1,938,026Expenses 2016: $1,765,873Net Income 2016: $172,1532016Revenue 2017: $2,129,345Expenses 2017: $1,967,760Net Income 2017: $161,5852017Revenue 2018: $1,894,842Expenses 2018: $1,776,382Net Income 2018: $118,4602018Revenue 2019: $2,877,041Expenses 2019: $2,019,065Net Income 2019: $857,9762019Revenue 2020: $2,631,205Expenses 2020: $1,495,168Net Income 2020: $1,136,0372020Revenue 2021: $3,072,672Expenses 2021: $2,094,169Net Income 2021: $978,5032021Revenue 2022: $3,829,160Expenses 2022: $3,257,858Net Income 2022: $571,3022022Revenue 2023: $4,527,904Expenses 2023: $4,014,654Net Income 2023: $513,2502023Revenue 2024: $4,690,321Expenses 2024: $4,122,600Net Income 2024: $567,7212024

Highlighted filing

2013

Revenue$1,923,217
Expenses$1,480,247
Net Income$442,970
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 22, 2014
Return Version
2013v3.1
Gross Receipts
$1,958,626
Mission and Program Overview

Mission

The sitka sound science center is dedicated to increasing understanding and awareness of terrestrial and aquatic ecosystems of the gulf of alaska through education and research. Our vision is to build on sitka's legacy and potential as an educational and scientific community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$539,013$1,181,159▲ $642,146
Land, Buildings, and Equipment, Net$614,630$688,671▲ $74,041
Pledges and Grants Receivable-$78,742-
Accounts Receivable$18,698$52,780▲ $34,082
Savings and Temporary Cash Investments$36,359$36,413▲ $54
Prepaid Expenses and Deferred Charges$650$11,309▲ $10,659
Total Assets$1,209,350$2,049,074▲ $839,724
Liabilities
Deferred Revenue$219,364$567,611▲ $348,247
Mortgage Notes Payable Secured by Investment Property$222,110$222,110→ $0
Accounts Payable and Accrued Expenses$32,271$80,778▲ $48,507
Total Liabilities$473,745$870,499▲ $396,754
Net Assets / Fund Balance
Unrestricted Net Assets$735,605$1,178,575▲ $442,970
Total Net Assets Fund Balance$735,605$1,178,575▲ $442,970
Total Liabilities and Net Assets / Fund Balance$1,209,350$2,049,074▲ $839,724

Asset Categories

AssetBook ValueDepreciationBasis
Land$377,000-$377,000
Buildings$255,900$15,845$271,745
Equipment$55,771$4,829$60,600
Compensation and Service Providers

Board Members and Trustees

NameTitle
James SeelandChair
Trish WhiteVice Chair
Heather Meuret-woodyBoardmember
Justin PennyBoardmember
Kristen GreenBoardmember
Linda WallerBoardmember
Rob AllenBoardmember
Steve ClaytonBoardmember
Kitty LabountySecretary
Nancy Leclerc-davidsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,063,284
Program Service Revenue
$816,693
Investment Income
$56
Other Revenue
$43,184
All Other Contributions
$553,654
Change in Net Assets
$442,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,923,217
Total Revenue per Audited Statements
$1,923,217
Total Revenue per Form 990
$1,923,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$824,500
Salaries, Compensation, and Employee Benefits$653,685
Grants and Similar Amounts Paid$2,062
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$446,138$144,515-$590,653
Fees for Services Other$380,167--$380,167
Occupancy$91,582$16,161-$107,743
Travel$57,967$4,412-$62,379
Payroll Taxes$45,725$15,044-$60,769
Insurance$16,777$11,294-$28,071
Office Expenses$5,364$12,443-$17,807
Advertising$12,624$4,614-$17,238
Fees for Services Accounting-$13,796-$13,796
Depreciation Depletion$7,445$759-$8,204
Other Expenses$6,136--$6,136
Other Employee Benefits$1,720$543-$2,263
Grants to Domestic Individuals$2,062--$2,062
Fees for Services Legal-$1,632-$1,632
All Other Expenses$846--$846
Total Functional Expenses$1,255,034$225,213$0$1,480,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,480,247
Total Expenses per Audited Statements$1,480,247
Total Expenses per Form 990$1,480,247
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,551
Fundraising Direct Expenses$13,152
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$14,207$14,207-$14,207
Total Events$14,207$14,207$9,473$4,734
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
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

Form 990 is available in the organization's office or via email for board review.

Form 990, Page 6, Part VI, Line 12C

Each boardmember signs a new conflict of interest document annually.

Form 990, Page 6, Part VI, Line 19

Documents available in organizations office during regular business hours

Filing and Contact Details

Filer

EIN
26-1253086
Phone
9077478878

Signing Officer

Name
Lisa Busch
Title
Executive Director
Phone
9077478878
Signed
2014-06-22

Organization Details

Formed
2007
Legal Domicile
Ak
Voting Board Members
10
Independent Board Members
10
Employees
43

Preparer

Preparer
Christine E Harrington
Phone
9077475500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The sitka sound science center is dedicated to increasing understanding and awareness of terrestrial and aquatic ecosystems of the gulf of alaska through education and research. Our vision is to build on sitka's legacy and potential as an educational and scientific community.

Form 990, Part IX, Line 11G

OTHER FEES 380,167 0 0

Form 990, Page 12, Part XII, Line 2C

Finance committee of board of directors reviews audit. Financial statements are also reviewed by the full board.

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IRS990/ReportInvestmentsOtherSecInd0false
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IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0731590
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0594442
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0294752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03123083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt056
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07309
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt04829
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SITKA SOUND SCIENCE CENTER IS DEDICATED TO INCREASING UNDERSTANDING AND AWARENESS OF TERRESTRIAL AND AQUATIC ECOSYSTEMS OF THE GULF OF ALASKA THROUGH EDUCATION AND RESEARCH. OUR VISION IS TO BUILD ON SITKA'S LEGACY AND POTENTIAL AS AN EDUCATIONAL AND SCIENTIFIC COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS AVAILABLE IN THE ORGANIZATION'S OFFICE OR VIA EMAIL FOR BOARD REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARDMEMBER SIGNS A NEW CONFLICT OF INTEREST DOCUMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE IN ORGANIZATIONS OFFICE DURING REGULAR BUSINESS HOURS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES 380,167 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCE COMMITTEE OF BOARD OF DIRECTORS REVIEWS AUDIT. FINANCIAL STATEMENTS ARE ALSO REVIEWED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 2C
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IRS990/SignificantChangeInd0false
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$1.47$7.58$4.69$4.12$0.57
2023Detailed filing. Detailed filing data is available for this year.$8.56$1.57$7.00$4.53$4.01$0.51
2022Detailed filing. Detailed filing data is available for this year.$7.57$1.10$6.47$3.83$3.26$0.57
2021Detailed filing. Detailed filing data is available for this year.$6.61$0.65$5.95$3.07$2.09$0.98
2020Detailed filing. Detailed filing data is available for this year.$5.67$0.70$4.97$2.63$1.50$1.14
2019Detailed filing. Detailed filing data is available for this year.$4.85$1.04$3.81$2.88$2.02$0.86
2018Detailed filing. Detailed filing data is available for this year.$3.43$0.50$2.93$1.89$1.78$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.58$0.76$2.82$2.13$1.97$0.16
2016Detailed filing. Detailed filing data is available for this year.$3.39$0.74$2.66$1.94$1.77$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.70$2.49$2.22$2.02$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.04$0.75$2.29$2.71$1.60$1.11
2013Detailed filing. Detailed filing data is available for this year.$2.05$0.87$1.18$1.92$1.48$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.47$0.74$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.02$0.73$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.37$0.21$0.37