Civic Intelligence

Ship Operations Cooperative Program Inc

990 • Fiscal year 2017 • EIN 26-3378404

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 21, 2018

23112 NE 144th StreetWoodinville, WA 98077-7223

(410) 799-7484

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.03x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

8th percentile

-16%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M 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

19th percentile

-7.3%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

67%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$518,052

Down $40,937 (-7.3%) from 2016

Net Assets

Down

$511,165

Down $33,670 (-6.2%) from 2016

Liabilities

Down

$6,887

Down $7,267 (-51%) from 2016

Revenue

Up

$211,696

Up $84,692 (+67%) from 2016

Expenses

Up

$245,366

Up $101,639 (+71%) from 2016

Net Income

Down

-$33,670

Down $16,947 (-101%) from 2016

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: $482,431Liabilities 2010: $0Net Assets 2010: $482,4312010Assets 2012: $563,305Liabilities 2012: $4,929Net Assets 2012: $558,3762012Assets 2013: $651,385Liabilities 2013: $21Net Assets 2013: $651,3642013Assets 2014: $537,898Liabilities 2014: $7,716Net Assets 2014: $530,1822014Assets 2015: $562,017Liabilities 2015: $459Net Assets 2015: $561,5582015Assets 2016: $558,989Liabilities 2016: $14,154Net Assets 2016: $544,8352016Assets 2017: $518,052Liabilities 2017: $6,887Net Assets 2017: $511,1652017Assets 2018: $516,725Liabilities 2018: $9,702Net Assets 2018: $507,0232018Assets 2019: $509,844Liabilities 2019: $979Net Assets 2019: $508,8652019Assets 2020: $542,887Liabilities 2020: $10,085Net Assets 2020: $532,8022020Assets 2021: $406,000Liabilities 2021: $0Net Assets 2021: $406,0002021Assets 2022: $349,187Liabilities 2022: $0Net Assets 2022: $349,1872022Assets 2023: $307,705Liabilities 2023: $19,266Net Assets 2023: $288,4392023Assets 2024: $230,386Liabilities 2024: $91Net Assets 2024: $230,2952024

Highlighted filing

2017

Assets$518,052
Liabilities$6,887
Net Assets$511,165

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $195,6902010Expenses 2012: $235,4412012Revenue 2013: $257,290Expenses 2013: $164,302Net Income 2013: $92,9882013Revenue 2014: $41,169Expenses 2014: $162,350Net Income 2014: -$121,1812014Revenue 2015: $193,047Expenses 2015: $161,672Net Income 2015: $31,3752015Revenue 2016: $127,004Expenses 2016: $143,727Net Income 2016: -$16,7232016Revenue 2017: $211,696Expenses 2017: $245,366Net Income 2017: -$33,6702017Revenue 2018: $149,957Expenses 2018: $154,099Net Income 2018: -$4,1422018Revenue 2019: $111,063Expenses 2019: $109,221Net Income 2019: $1,8422019Revenue 2020: $176,130Expenses 2020: $152,193Net Income 2020: $23,9372020Revenue 2021: $720Expenses 2021: $127,522Net Income 2021: -$126,8022021Revenue 2022: $94,563Expenses 2022: $151,376Net Income 2022: -$56,8132022Revenue 2023: $250,628Expenses 2023: $311,376Net Income 2023: -$60,7482023Revenue 2024: $114,077Expenses 2024: $172,221Net Income 2024: -$58,1442024

Highlighted filing

2017

Revenue$211,696
Expenses$245,366
Net Income-$33,670
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 21, 2018
Return Version
2017v2.2
Gross Receipts
$211,696
Mission and Program Overview

Mission

To promote beneficial innovations

To promote beneficial innovations in ship operations through the identificaton, development, and application of new methods, tools and technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$466,128$466,394▲ $266
Cash and Non-Interest-Bearing Accounts$38,060$29,133▼ $8,927
Accounts Receivable$54,801$22,525▼ $32,276
Total Assets$558,989$518,052▼ $40,937
Liabilities
Accounts Payable and Accrued Expenses$14,154$6,887▼ $7,267
Total Liabilities$14,154$6,887▼ $7,267
Net Assets / Fund Balance
Unrestricted Net Assets$544,835$511,165▼ $33,670
Total Net Assets Fund Balance$544,835$511,165▼ $33,670
Total Liabilities and Net Assets / Fund Balance$558,989$518,052▼ $40,937
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia FinsterbuschPresident
Tracy MayhewVice Presidenttreasurer
Vince CoryBanker
Chris VolkleElected Member
Elizabeth StevensonElected Member
Revenue and Support

Revenue Composition

Contributions and Grants
$207,729
Program Service Revenue
$3,701
Investment Income
$266
Other Revenue
$0
All Other Contributions
$109,079
Change in Net Assets
$-33,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$87,440-$87,440
Conferences and Meetings$22,721--$22,721
Office Expenses-$4,091-$4,091
Advertising$744--$744
Other Expenses$533--$533
Total Functional Expenses$153,835$91,531$0$245,366
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Each member has the same rights to attend meetings and have access to educational materials.

Member election for additional members Part VI line 7A

Members may elect one or more memebers of the governing body.

Form 990 governing body review Part VI line 11

The form 990 is circulated amoung officers via email for review.

Governing documents etc available to public Part VI line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Ship Operations Cooperative Program Inc
EIN
26-3378404
Address
23112 NE 144TH STREET, WOODINVILLE, WA 98077-7223

Signing Officer

Name
Patricia Finsterbusch
Title
President
Phone
4107997484
Signed
2018-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Finsterbusch
Formed
2008
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
60

Preparer

Firm
Richard C Vogt CPA PA
Address
2893 Jessup Rd, Jessup, MD 20794
Preparer
Richard C Vogt CPA
Phone
4107997484
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.00$2.30$1.14$1.72$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.19$2.88$2.51$3.11$0.61
2022Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$0.95$1.51$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$0.00$4.06$0.01$1.28$1.27
2020Detailed filing. Detailed filing data is available for this year.$5.43$0.10$5.33$1.76$1.52$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$0.01$5.09$1.11$1.09$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.17$0.10$5.07$1.50$1.54$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.18$0.07$5.11$2.12$2.45$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.14$5.45$1.27$1.44$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.62$0.00$5.62$1.93$1.62$0.31
2014Detailed filing. Detailed filing data is available for this year.$5.38$0.08$5.30$0.41$1.62$1.21
2013Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$2.57$1.64$0.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.05$5.58$2.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$0.00$4.82$1.96