Civic Intelligence

Poetice International

990 • Fiscal year 2015 • EIN 27-0842642

Jan 01, 2015 to Dec 31, 2015 • Filed on May 15, 2015

201 West Washington Avenue Ste 121Zeeland, MI 49464

(616) 928-4735

Siviq Scores

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

Liabilities / Assets

51st percentile

0.05x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

39th percentile

0.02x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$51,834

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

17th percentile

-9.4%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

Down

$268,021

Down $92,025 (-26%) from 2012

Net Assets

Down

$255,651

Down $101,723 (-28%) from 2012

Liabilities

Up

$12,370

Up $9,698 (+363%) from 2012

Revenue

$797,398

No earlier filing loaded for comparison.

Expenses

Down

$900,757

Down $536,869 (-37%) from 2012

Net Income

-$103,359

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 2012: $360,046Liabilities 2012: $2,672Net Assets 2012: $357,3742012Assets 2015: $268,021Liabilities 2015: $12,370Net Assets 2015: $255,6512015Assets 2016: $229,853Liabilities 2016: $14,490Net Assets 2016: $215,3632016Assets 2017: $244,198Liabilities 2017: $19,594Net Assets 2017: $224,6042017Assets 2018: $159,352Liabilities 2018: $38,259Net Assets 2018: $121,0932018Assets 2019: $191,193Liabilities 2019: $64,195Net Assets 2019: $126,9982019Assets 2020: $339,584Liabilities 2020: $23,060Net Assets 2020: $316,5242020Assets 2021: $490,843Liabilities 2021: $1,319Net Assets 2021: $489,5242021Assets 2022: $628,648Liabilities 2022: $8,584Net Assets 2022: $620,0642022Assets 2023: $532,144Liabilities 2023: $19,003Net Assets 2023: $513,1412023Assets 2024: $447,025Liabilities 2024: $36,269Net Assets 2024: $410,7562024

Highlighted filing

2015

Assets$268,021
Liabilities$12,370
Net Assets$255,651

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,437,6262012Revenue 2015: $797,398Expenses 2015: $900,757Net Income 2015: -$103,3592015Revenue 2016: $991,108Expenses 2016: $1,031,392Net Income 2016: -$40,2842016Revenue 2017: $1,202,033Expenses 2017: $1,192,791Net Income 2017: $9,2422017Revenue 2018: $832,302Expenses 2018: $935,813Net Income 2018: -$103,5112018Revenue 2019: $1,033,388Expenses 2019: $1,027,483Net Income 2019: $5,9052019Revenue 2020: $968,402Expenses 2020: $778,876Net Income 2020: $189,5262020Revenue 2021: $1,098,533Expenses 2021: $925,533Net Income 2021: $173,0002021Revenue 2022: $1,395,733Expenses 2022: $1,265,193Net Income 2022: $130,5402022Revenue 2023: $1,654,259Expenses 2023: $1,761,182Net Income 2023: -$106,9232023Revenue 2024: $1,759,376Expenses 2024: $1,861,761Net Income 2024: -$102,3852024

Highlighted filing

2015

Revenue$797,398
Expenses$900,757
Net Income-$103,359
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 15, 2015
Return Version
2015v2.1
Gross Receipts
$824,487
Mission and Program Overview

Mission

Poetice engages in global conversation to bring awareness to social injustices through the arts, education and transformation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$292,801$191,699▼ $101,102
Land, Buildings, and Equipment, Net$57,224$49,851▼ $7,373
Inventories for Sale or Use$15,422$24,683▲ $9,261
Prepaid Expenses and Deferred Charges$2,250$1,788▼ $462
Total Assets$367,697$268,021▼ $99,676
Liabilities
Accounts Payable and Accrued Expenses$8,396$12,370▲ $3,974
Total Liabilities$8,396$12,370▲ $3,974
Net Assets / Fund Balance
Unrestricted Net Assets$359,301$255,651▼ $103,650
Total Net Assets Fund Balance$359,301$255,651▼ $103,650
Total Liabilities and Net Assets / Fund Balance$367,697$268,021▼ $99,676

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,851$30,734$80,585
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Micah KephartCEOFT$51,834$51,834

Board Members and Trustees

NameTitle
Mike SmithTrustee
Mitchell BakkerTrustee
Karyl MorinSecretary
Brian VandenBrinkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$703,080
Program Service Revenue
$0
Investment Income
$81
Other Revenue
$94,237
All Other Contributions
$703,080
Change in Net Assets
$-103,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$845,895
Total Revenue per Audited Statements
$845,895
Total Revenue per Form 990
$845,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$453,807
Salaries, Compensation, and Employee Benefits$308,923
Other Expenses$138,027
Total Fundraising Expense$65,735
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$453,807--$453,807
Other Salaries and Wages$111,108$43,107$34,509$188,724
Current Officers, Directors, Trustees, and Key Employees$54,022$10,129$3,376$67,527
Other Employee Benefits$20,441$8,989$2,491$31,921
Advertising$16,135$4,610$2,305$23,050
Payroll Taxes$14,052$3,630$3,069$20,751
Occupancy$14,093$4,027$2,013$20,133
Depreciation Depletion$3,862$2,412$10,129$16,403
Travel$10,031$2,706$1,433$14,170
Fees for Services Accounting$9,440$2,697$1,349$13,486
Information Technology$8,741$2,497$1,249$12,487
Office Expenses$6,406$1,987$915$9,308
Conferences and Meetings$3,538$1,011$505$5,054
All Other Expenses$2,869$820$410$4,099
Insurance$2,636$753$377$3,766
Other Expenses$1,034$295$148$1,477
Interest-$26-$26
Total Functional Expenses$742,413$92,609$65,735$900,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$926,653
Total Expenses per Audited Statements$926,653
Total Expenses per Form 990$926,653
International Activity

International Summary

Employees
2

International Compliance

Foreign grant records maintained
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram servicesEducation-1-
Middle East and North AfricaProgram servicesEducation-1-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$113,531
Fundraising Direct Expenses$17,444
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$113,531$113,531$8,058$105,473
Total Events$113,531$113,531$17,444$96,087
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
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

Committee meeting documentation Part VI line 8B

Committees are comprised of current employees with minimal Board of Director involvement.

Form 990 governing body review Part VI line 11

Form 990 for 2012 was reviewed by Board of Directors before submitting

CEO executive director top management comp Part VI line 15A

Compensation is determined and voted on by the Board of Directors.

Governing documents etc available to public Part VI line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Poetice
EIN
27-0842642
Address
201 West Washington Avenue Ste 121, Zeeland, MI 49464

Signing Officer

Name
Micah Kephart
Title
CEO
Phone
6169284735
Signed
2015-05-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Micah Kephart
Formed
2009
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
9

Preparer

Firm
Simply Tax Inc
Address
60 E Lakewood Blvd Ste 130, Holland, MI 49424
Preparer
Patricia Diekema
Phone
6167380044
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Corrections made to Fund Balance for adjustments not made in 2012 in the amount of $139.00.Rounding in the amount of 11.00. Net Changes due to CPA Audit, 2012 expenses paid in 2013 adjusted to Unrestricted Net Assets per CPA:6,727.50 Accounting Services for 2012 billed and paid in 20131,529.00 Program services for 2012 paid in 2013Total Adjustment = (8,485) Loss on Sale of Asset (291)

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0936547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01780861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0375375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05220283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt081
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0118
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt029202
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt014135
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt02860
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt01200
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt047397
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99100
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt05220283
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0816611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01310889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0936547
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01780861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0375375
IRS990ScheduleA/Total509Grp/TotalAmt05220283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0845894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01325033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0936547
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01783749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0376575
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05267798
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt049851
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030734
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080585
IRS990ScheduleD/ExpensesSubtotalAmt0926653
IRS990ScheduleD/RevenueSubtotalAmt0845895
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049851
IRS990ScheduleD/TotalExpensesPerForm990Amt0926653
IRS990ScheduleD/TotalRevenuePerForm990Amt0845895
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0845895
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0926653
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Education
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program services
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Education Arts Transformation
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1Education Arts Transformation
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Middle East and North Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Middle East and North Africa
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017444
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0580
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0580
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08306
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08306
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0113531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0113531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0113531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0113531
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt096087
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08058
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08058
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0500
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Committees are comprised of current employees with minimal Board of Director involvement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 for 2012 was reviewed by Board of Directors before submitting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is determined and voted on by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Corrections made to Fund Balance for adjustments not made in 2012 in the amount of $139.00.Rounding in the amount of 11.00. Net Changes due to CPA Audit, 2012 expenses paid in 2013 adjusted to Unrestricted Net Assets per CPA:6,727.50 Accounting Services for 2012 billed and paid in 20131,529.00 Program services for 2012 paid in 2013Total Adjustment = (8,485) Loss on Sale of Asset (291)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0367697
IRS990/TotalAssetsEOYAmt0268021
IRS990/TotalAssetsGrp/BOYAmt0367697
IRS990/TotalAssetsGrp/EOYAmt0268021
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0703080
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt065735
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0742413
IRS990/TotalFunctionalExpensesGrp/TotalAmt0900757
IRS990/TotalGrossUBIAmt096168
IRS990/TotalLiabilitiesBOYAmt08396
IRS990/TotalLiabilitiesEOYAmt012370
IRS990/TotalLiabilitiesGrp/BOYAmt08396
IRS990/TotalLiabilitiesGrp/EOYAmt012370
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0359301
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0255651
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0742413

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.04$0.41$1.76$1.86$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.02$0.51$1.65$1.76$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.01$0.62$1.40$1.27$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$1.10$0.93$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.02$0.32$0.97$0.78$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.06$0.13$1.03$1.03$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.04$0.12$0.83$0.94$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.02$0.22$1.20$1.19$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.01$0.22$0.99$1.03$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.80$0.90$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$1.44