Civic Intelligence

Grand Rapids Whitewater Inc.

990 • Fiscal year 2013 • EIN 27-1009241

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

502 2nd Street Suite 30049504

(616) 881-2888

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.14x

Higher debt load relative to assets than 63% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

93rd percentile

60%

Higher net margin than 93% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

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

Source year 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

$404,322

No earlier filing loaded for comparison.

Net Assets

$345,787

No earlier filing loaded for comparison.

Liabilities

$58,535

No earlier filing loaded for comparison.

Revenue

$635,166

No earlier filing loaded for comparison.

Expenses

$253,346

No earlier filing loaded for comparison.

Net Income

$381,820

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.

$15M$10M$5.0M$0Assets 2013: $404,322Liabilities 2013: $58,535Net Assets 2013: $345,7872013Assets 2014: $377,388Liabilities 2014: $105,648Net Assets 2014: $271,7402014Assets 2015: $1,121,797Liabilities 2015: $235,479Net Assets 2015: $886,3182015Assets 2016: $1,197,710Liabilities 2016: $182,226Net Assets 2016: $1,015,4842016Assets 2017: $1,710,742Liabilities 2017: $279,405Net Assets 2017: $1,431,3372017Assets 2018: $3,828,037Liabilities 2018: $454,833Net Assets 2018: $3,373,2042018Assets 2019: $10,133,999Liabilities 2019: $129,751Net Assets 2019: $10,004,2482019Assets 2020: $7,593,794Liabilities 2020: $79,780Net Assets 2020: $7,514,0142020Assets 2021: $7,001,248Liabilities 2021: $26,174Net Assets 2021: $6,975,0742021Assets 2022: $7,633,856Liabilities 2022: $935,339Net Assets 2022: $6,698,5172022Assets 2023: $7,138,870Liabilities 2023: $963,431Net Assets 2023: $6,175,4392023Assets 2024: $6,110,976Liabilities 2024: $1,185,419Net Assets 2024: $4,925,5572024

Highlighted filing

2013

Assets$404,322
Liabilities$58,535
Net Assets$345,787

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $635,166Expenses 2013: $253,346Net Income 2013: $381,8202013Revenue 2014: $282,883Expenses 2014: $356,930Net Income 2014: -$74,0472014Revenue 2015: $1,582,033Expenses 2015: $967,455Net Income 2015: $614,5782015Revenue 2016: $1,050,296Expenses 2016: $921,130Net Income 2016: $129,1662016Revenue 2017: $1,959,320Expenses 2017: $1,543,467Net Income 2017: $415,8532017Revenue 2018: $3,738,402Expenses 2018: $1,796,535Net Income 2018: $1,941,8672018Revenue 2019: $7,611,164Expenses 2019: $1,241,967Net Income 2019: $6,369,1972019Revenue 2020: $1,224,953Expenses 2020: $1,165,187Net Income 2020: $59,7662020Revenue 2021: $417,568Expenses 2021: $926,069Net Income 2021: -$508,5012021Revenue 2022: $140,777Expenses 2022: $778,315Net Income 2022: -$637,5382022Revenue 2023: $247,817Expenses 2023: $781,019Net Income 2023: -$533,2022023Revenue 2024: $251,150Expenses 2024: $713,700Net Income 2024: -$462,5502024

Highlighted filing

2013

Revenue$635,166
Expenses$253,346
Net Income$381,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$635,166
Mission and Program Overview

Mission

The purpose of the corporation is to recreate rapids that provide recreational and fitness opportunities to the general public, and to promote an environmentally sound design that will enhance the sustainability of fish, wildlife and natural resources within the grand river.

The purpose of the corporation is to promote the creation and operation of a public park along and within the grand river, including creation of a whitewater course to provide recreational and fitness opportunities to the general public, and to promote an environmentally sound design for such public park to enhance the sustainability of the wildlife and natural resources within such park and the grand river.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$295,000-
Cash and Non-Interest-Bearing Accounts$9,324$109,322▲ $99,998
Total Assets$9,324$404,322▲ $394,998
Liabilities
Accounts Payable and Accrued Expenses$45,357$58,535▲ $13,178
Total Liabilities$45,357$58,535▲ $13,178
Net Assets / Fund Balance
Unrestricted Net Assets$-36,033$295,787▲ $331,820
Temporarily Rstr Net Assets-$50,000-
Total Net Assets Fund Balance$-36,033$345,787▲ $381,820
Total Liabilities and Net Assets / Fund Balance$9,324$404,322▲ $394,998
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris MullerPresident/se
Grant PecorDirector
Mike StevensDirector
Roger StarlingDirector
Steve HeacockDirector
John GreenTreasurer
Chip RichardsVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
RiverrestorationConsulting-$223,326
Revenue and Support

Revenue Composition

Contributions and Grants
$635,166
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$510,166
Change in Net Assets
$381,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$635,166
Total Revenue per Audited Statements
$635,166
Total Revenue per Form 990
$635,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,346
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
Other Expenses$117,068--$117,068
Fees for Services Legal-$2,664-$2,664
Office Expenses-$60-$60
Total Functional Expenses$250,622$2,724$0$253,346

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$253,346
Total Expenses per Audited Statements$253,346
Total Expenses per Form 990$253,346
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 8B

Grand rapids whitewater did not have any committes with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The 990 will be reviewed by the bookkeeper and treasurer before it is filed. The 990 will also be reviewed with the board after the return is filed. It will be presented by the bookkeeper or the treasurer.

Form 990, Page 6, Part VI, Line 19

Governing documents are not made available to the public.

Filing and Contact Details

Filer

EIN
27-1009241
Phone
6168812888

Signing Officer

Name
John Green
Title
Treasurer
Phone
6168812888
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Muller
Formed
2009
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Preparer
Lindsey R Laber
Phone
6169426440
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the corporation is to promote the creation and operation of a public park along and within the grand river, including creation of a whitewater course to provide recreational and fitness opportunities to the general public, and to promote an environmentally sound design for such public park to enhance the sustainability of the wildlife and natural resources within such park and the grand river.

Form 990

All lines left blank are not applicable to the organization.

Form 990, Page 2, Part III, Line 4A

Draft reports and memorandums were written on project topics including: lake sturgeon habitat restoration, the economic impact study approach, and a construction management advisor. In addition, support was provided for subconsultant oversight and presentation materials. Mussel study- a freshwater mussel survey was conducted by a consultant in the section of river proposed to be affected by the rapids restoration project. The underwater mussel survey focused on understanding the distribution of unionids, species composition, and estimating the number of species that may potentially be affected by the proposed rapids restoration project. A focus of the survey was on state or federally threatened or endangered species. The results of the survey were prepared in preparation for a biological assessment opinion to be developed to address potential impacts of restoration activities, a design for mitigation, and evaluate any long term effects of the project, particularly on the federally endangered mussel. Economic impact study- an economic impact study was conducted by a consultant to understand the potential economic activity that might result from the grand river rapids restoration project as proposed in grand rapids michigan. The study evaluated quantitative estimates of net-new economic activity stemming from changes in recreational uses of the restored river and riverfront as proposed in the economic impact study. The study also provided a qualitative review of some economic impacts stemming from the restored river, including quality of life benefits and real estate development potential.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CORPORATION IS TO PROMOTE THE CREATION AND OPERATION OF A PUBLIC PARK ALONG AND WITHIN THE GRAND RIVER, INCLUDING CREATION OF A WHITEWATER COURSE TO PROVIDE RECREATIONAL AND FITNESS OPPORTUNITIES TO THE GENERAL PUBLIC, AND TO PROMOTE AN ENVIRONMENTALLY SOUND DESIGN FOR SUCH PUBLIC PARK TO ENHANCE THE SUSTAINABILITY OF THE WILDLIFE AND NATURAL RESOURCES WITHIN SUCH PARK AND THE GRAND RIVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRAFT REPORTS AND MEMORANDUMS WERE WRITTEN ON PROJECT TOPICS INCLUDING: LAKE STURGEON HABITAT RESTORATION, THE ECONOMIC IMPACT STUDY APPROACH, AND A CONSTRUCTION MANAGEMENT ADVISOR. IN ADDITION, SUPPORT WAS PROVIDED FOR SUBCONSULTANT OVERSIGHT AND PRESENTATION MATERIALS. MUSSEL STUDY- A FRESHWATER MUSSEL SURVEY WAS CONDUCTED BY A CONSULTANT IN THE SECTION OF RIVER PROPOSED TO BE AFFECTED BY THE RAPIDS RESTORATION PROJECT. THE UNDERWATER MUSSEL SURVEY FOCUSED ON UNDERSTANDING THE DISTRIBUTION OF UNIONIDS, SPECIES COMPOSITION, AND ESTIMATING THE NUMBER OF SPECIES THAT MAY POTENTIALLY BE AFFECTED BY THE PROPOSED RAPIDS RESTORATION PROJECT. A FOCUS OF THE SURVEY WAS ON STATE OR FEDERALLY THREATENED OR ENDANGERED SPECIES. THE RESULTS OF THE SURVEY WERE PREPARED IN PREPARATION FOR A BIOLOGICAL ASSESSMENT OPINION TO BE DEVELOPED TO ADDRESS POTENTIAL IMPACTS OF RESTORATION ACTIVITIES, A DESIGN FOR MITIGATION, AND EVALUATE ANY LONG TERM EFFECTS OF THE PROJECT, PARTICULARLY ON THE FEDERALLY ENDANGERED MUSSEL. ECONOMIC IMPACT STUDY- AN ECONOMIC IMPACT STUDY WAS CONDUCTED BY A CONSULTANT TO UNDERSTAND THE POTENTIAL ECONOMIC ACTIVITY THAT MIGHT RESULT FROM THE GRAND RIVER RAPIDS RESTORATION PROJECT AS PROPOSED IN GRAND RAPIDS MICHIGAN. THE STUDY EVALUATED QUANTITATIVE ESTIMATES OF NET-NEW ECONOMIC ACTIVITY STEMMING FROM CHANGES IN RECREATIONAL USES OF THE RESTORED RIVER AND RIVERFRONT AS PROPOSED IN THE ECONOMIC IMPACT STUDY. THE STUDY ALSO PROVIDED A QUALITATIVE REVIEW OF SOME ECONOMIC IMPACTS STEMMING FROM THE RESTORED RIVER, INCLUDING QUALITY OF LIFE BENEFITS AND REAL ESTATE DEVELOPMENT POTENTIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRAND RAPIDS WHITEWATER DID NOT HAVE ANY COMMITTES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 WILL BE REVIEWED BY THE BOOKKEEPER AND TREASURER BEFORE IT IS FILED. THE 990 WILL ALSO BE REVIEWED WITH THE BOARD AFTER THE RETURN IS FILED. IT WILL BE PRESENTED BY THE BOOKKEEPER OR THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt050000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0404322
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02724
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250622
IRS990/TotalFunctionalExpensesGrp/TotalAmt0253346
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045357
IRS990/TotalLiabilitiesEOYAmt058535
IRS990/TotalLiabilitiesGrp/BOYAmt045357
IRS990/TotalLiabilitiesGrp/EOYAmt058535
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-36033
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0345787
IRS990/TotalProgramServiceExpensesAmt0250622
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0635166
IRS990/TotalVolunteersCnt07
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0404322
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-36033
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10502 2ND STREET SUITE 300
IRS990/USAddress/City0GRAND RAPIDS
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode049504
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IRS990/WebsiteAddressTxt0WWW.GRANDRAPIDSWHITEWATER.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN GREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06168812888
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10GRAND RAPIDS WHITEWATER INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0271009241
ReturnHeader/Filer/PhoneNum06168812888
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ReturnHeader/Filer/USAddress/City0GRAND RAPIDS
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode049504
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383133790
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ANDREWS HOOPER PAVLIK PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103333 DEPOSIT DR NE STE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode049546
ReturnHeader/PreparerPersonGrp/PhoneNum06169426440
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDSEY R LABER
ReturnHeader/ReturnTs02014-11-17T15:15:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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