Civic Intelligence

La Isla Network Inc.

990 • Fiscal year 2016 • EIN 26-2384892

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 15, 2017

7673 Silverthrone Dr SEAda, MI 49301

(616) 676-9310

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.01x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$65,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

99th percentile

526%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

93%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$331,487

Up $278,550 (+526%) from 2015

Net Assets

Up

$320,603

Up $287,274 (+862%) from 2015

Liabilities

Down

$10,884

Down $8,724 (-44%) from 2015

Revenue

Up

$759,551

Up $366,271 (+93%) from 2015

Expenses

Up

$472,277

Up $15,644 (+3.4%) from 2015

Net Income

Up

$287,274

Up $350,627 (+553%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,018Liabilities 2010: $0Net Assets 2010: $1,0182010Assets 2011: $12,187Liabilities 2011: $0Net Assets 2011: $12,1872011Assets 2012: $16,818Liabilities 2012: $0Net Assets 2012: $16,8182012Assets 2013: $4,627Liabilities 2013: $0Net Assets 2013: $4,6272013Assets 2014: $177,120Liabilities 2014: $26,500Net Assets 2014: $150,6202014Assets 2015: $52,937Liabilities 2015: $19,608Net Assets 2015: $33,3292015Assets 2016: $331,487Liabilities 2016: $10,884Net Assets 2016: $320,6032016Assets 2017: $106,042Liabilities 2017: $1,653Net Assets 2017: $104,3892017Assets 2018: $55,851Liabilities 2018: $31,438Net Assets 2018: $24,4132018Assets 2019: $529,406Liabilities 2019: $61,655Net Assets 2019: $467,7512019Assets 2020: $137,355Liabilities 2020: $66,350Net Assets 2020: $71,0052020Assets 2021: $1,354,167Liabilities 2021: $1,213,575Net Assets 2021: $140,5922021Assets 2022: $924,644Liabilities 2022: $1,233,663Net Assets 2022: -$309,0192022Assets 2023: $594,549Liabilities 2023: $1,314,998Net Assets 2023: -$720,4492023Assets 2024: $764,627Liabilities 2024: $1,496,467Net Assets 2024: -$731,8402024

Highlighted filing

2016

Assets$331,487
Liabilities$10,884
Net Assets$320,603

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $61,016Expenses 2010: $70,209Net Income 2010: -$9,1932010Revenue 2011: $66,457Expenses 2011: $55,288Net Income 2011: $11,1692011Revenue 2012: $99,399Expenses 2012: $94,768Net Income 2012: $4,6312012Revenue 2013: $192,356Expenses 2013: $204,547Net Income 2013: -$12,1912013Revenue 2014: $839,403Expenses 2014: $693,410Net Income 2014: $145,9932014Revenue 2015: $393,280Expenses 2015: $456,633Net Income 2015: -$63,3532015Revenue 2016: $759,551Expenses 2016: $472,277Net Income 2016: $287,2742016Revenue 2017: $182,726Expenses 2017: $398,940Net Income 2017: -$216,2142017Revenue 2018: $305,944Expenses 2018: $385,920Net Income 2018: -$79,9762018Revenue 2019: $1,110,280Expenses 2019: $666,942Net Income 2019: $443,3382019Revenue 2020: $360,110Expenses 2020: $756,856Net Income 2020: -$396,7462020Revenue 2021: $787,037Expenses 2021: $717,450Net Income 2021: $69,5872021Revenue 2022: $954,934Expenses 2022: $1,404,546Net Income 2022: -$449,6122022Revenue 2023: $1,867,762Expenses 2023: $2,279,192Net Income 2023: -$411,4302023Revenue 2024: $3,915,935Expenses 2024: $3,938,410Net Income 2024: -$22,4752024

Highlighted filing

2016

Revenue$759,551
Expenses$472,277
Net Income$287,274
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 15, 2017
Return Version
2016v3.0
Gross Receipts
$759,551
Mission and Program Overview

Mission

La isla foundation (lif) is dedicated to ending chronic kidney disease of undetermined causes (ckdu) amoung workers and their communities worldwide.

La isla network is dedicated to ending chronic kidney disease of undertermined causes (ckdu) among workers and their communities worldwide. Ckdu is a fatal progressive loss of kidney function that has killed more than 40,000 people in mesoamerican and sri lanka alone in the past 10 years. Treatment is out of reach for most, ensuring and early death for those affected. Ckdu is likely affecting millions through the tropics and beyond. Our mission is to increase our understanding of the mechanisims of this disease, implement prevention strategies, and develop affordable, accessible treatment options. Lin is committed to generating, supporting, and executing evidence driven solutions to end this epidemic.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$43,347$331,487▲ $288,140
Pledges and Grants Receivable$9,590--
Loans From Officers Directors$16,500$6,500▼ $10,000
Total Assets$52,937$331,487▲ $278,550
Liabilities
Accounts Payable and Accrued Expenses$3,108$4,384▲ $1,276
Total Liabilities$19,608$10,884▼ $8,724
Net Assets / Fund Balance
Unrestricted Net Assets$33,329$320,603▲ $287,274
Total Net Assets Fund Balance$33,329$320,603▲ $287,274
Total Liabilities and Net Assets / Fund Balance$52,937$331,487▲ $278,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason GlaserCEO/board ChFT$65,000$65,000
Ilana WeissPublic HealtFT$58,500$58,500

Board Members and Trustees

NameTitle
Armin RosencranzDirector
Bennett KuhnDirector
Celso ArabettiDirector
Karen ShroderDirector
Michael EndicottDirector
Robert QuirkDirector
Scott MontegnaDirector
Ryan ScalesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$759,551
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$759,551
Change in Net Assets
$287,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$759,551
Revenue Not Reported on Form 990
$549,025
Total Revenue per Audited Statements
$1,308,576
Total Revenue per Form 990
$759,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,315
Salaries, Compensation, and Employee Benefits$202,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$108,680$14,820-$123,500
Office Expenses$80,729$11,008-$91,737
Other Salaries and Wages$31,002$15,600-$46,602
Other Employee Benefits$14,627$1,995-$16,622
Fees for Services Accounting$4,400$11,600-$16,000
Payroll Taxes$11,544$1,574-$13,118
Travel$9,878$1,347-$11,225
Insurance$6,798$1,528-$8,326
Advertising-$7,301-$7,301
Pension Plan Contributions$2,746$374-$3,120
Fees for Services Legal-$2,447-$2,447
Interest-$413-$413
Other Expenses$131,210$151-$151
Total Functional Expenses$401,614$70,663$0$472,277

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,021,302
Expenses Not Reported on Form 990$549,025
Expenses per Audited Statements$472,277
Total Expenses per Form 990$472,277
International Activity

International Summary

Offices
1
Employees
20
Spending
$131,210

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaProgram ServicesResearch Ckdu120$131,210
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
Loans from Officers, Directors, Trustees, and Key Employees$16,500$6,500▼ $10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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

The 990 is reviewed by management and a copy of form 990 will be provided to the organization's governing body before it is filed

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and internal financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
La Isla Foundation
EIN
26-2384892
Phone
6166769310
Address
7673 SILVERTHRONE DR SE, ADA, MI 49301

Signing Officer

Name
Jason Glaser
Title
CEO/board Chair
Phone
6166769310
Signed
2017-09-15

Organization Details

Principal Officer
Jason Glaser
Formed
2010
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
8
Employees
2
Volunteers
13

Preparer

Firm
Baker Holtz Pc
Address
161 OTTAWA AVE NW STE 200, GRAND RAPIDS, MI 49503-2794
Preparer
Sara a Knoper
Phone
6164581835
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation has evaluated its income tax filing positions for years 2013 through 2016, the years which remain subject to examination as of december 31, 2016. The foundation concluded that there are no significant uncertain tax positions requiring recognition in the foundation's financial statements. The foundation does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The foundation does not have any amounts accrued for interest and penalties related to utbs at december 31, 2016, and is not aware of any claims for such amounts by federal or state income tax authorities.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0LA ISLA NETWORK IS PUBLICALLY SUPPORTED ORGANIZATION WHICH MEETS THE FACTS AND CIRCUMSTANCES TESTS SET FORTH IN REG 1.170A-9(F)(3). THE ORGANIZATION SOLICITS DONATIONS AND GRANTS ON A CONTINUOUS BASIS FROM THE GENERAL PUBLIC AND THE COMMUNITY AND RECEIVES SUPPORT FROM VARIOUS ORGANIZATIONS AND INDIVIDUALS. SOLICITATION FOR DONATIONS ARE MADE THROUGH THE ORGANIZATION'S WEBSITE AND THROUGH AWARENESS CAMPAIGNS AND PRESENTATIONS BY THE ORGANIZATION'S KEY EMPLOYEES. THE ORGANIZATION MAINTAINS A REPRESENTATIVE GOVERNING BODY OF OFFICERS AND DIRECTORS WITH EXPERTISE PERTINENT TO THE ORGANIZATION'S OBJECTIVES WHO ARE INDEPENDENT OF DONORS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1LA ISLA NETWORK IS PUBLICALLY SUPPORTED ORGANIZATION WHICH MEETS THE FACTS AND CIRCUMSTANCES TESTS SET FORTH IN REG 1.170A-9(F)(3). THE ORGANIZATION SOLICITS DONATIONS AND GRANTS ON A CONTINUOUS BASIS FROM THE GENERAL PUBLIC AND THE COMMUNITY AND RECEIVES SUPPORT FROM VARIOUS ORGANIZATIONS AND INDIVIDUALS. SOLICITATION FOR DONATIONS ARE MADE THROUGH THE ORGANIZATION'S WEBSITE AND THROUGH AWARENESS CAMPAIGNS AND PRESENTATIONS BY THE ORGANIZATION'S KEY EMPLOYEES. THE ORGANIZATION MAINTAINS A REPRESENTATIVE GOVERNING BODY OF OFFICERS AND DIRECTORS WITH EXPERTISE PERTINENT TO THE ORGANIZATION'S OBJECTIVES WHO ARE INDEPENDENT OF DONORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 17A
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IRS990ScheduleA/PublicSupportPY170Pct00.29030
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IRS990ScheduleA/SubstantialContributorsTotAmt01688326
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/DonatedServicesUseFcltsAmt0549025
IRS990ScheduleD/ExpensesNotReportedAmt0549025
IRS990ScheduleD/ExpensesSubtotalAmt0472277
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0549025
IRS990ScheduleD/RevenueSubtotalAmt0759551
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR YEARS 2013 THROUGH 2016, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2016. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2016, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalRevenuePerForm990Amt0759551
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01021302
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0RESEARCH CKDU
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IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt020
IRS990ScheduleF/SubtotalOfficesCnt01
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0CENTRAL AMERICA 131,210 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt020
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0131210
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROVIDE CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MOTHER OF PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY MANAGEMENT AND A COPY OF FORM 990 WILL BE PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND INTERNAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759551
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IRS990/TravelGrp/ProgramServicesAmt09878
IRS990/TravelGrp/TotalAmt011225
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt033329
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IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.LAISLAFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06166769310
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA ISLA FOUNDATION
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ReturnHeader/Filer/PhoneNum06166769310
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER HOLTZ PC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.76$1.50$0.73$3.92$3.94$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$1.31$0.72$1.87$2.28$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.92$1.23$0.31$0.95$1.40$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$1.21$0.14$0.79$0.72$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.07$0.07$0.36$0.76$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.06$0.47$1.11$0.67$0.44
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.03$0.02$0.31$0.39$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.10$0.18$0.40$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.76$0.47$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$0.39$0.46$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.15$0.84$0.69$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.19$0.20$0.01
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.10$0.09$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.07$0.06$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.06$0.07$0.01