Civic Intelligence

The Wolverine Foundationinc

990EZ • Fiscal year 2023 • EIN 27-2004512

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 03, 2024

2 Juniper Ridge DriveDanbury, CT 06811

(203) 744-2446

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$159,797

Up $16,732 (+12%) from 2022

Net Assets

Up

$159,297

Up $16,732 (+12%) from 2022

Liabilities

Flat

$500

Flat from 2022

Revenue

Up

$77,155

Up $10,025 (+15%) from 2022

Expenses

Up

$60,423

Up $19,925 (+49%) from 2022

Net Income

Down

$16,732

Down $9,900 (-37%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $34,475Liabilities 2012: $0Net Assets 2012: $34,4752012Assets 2013: $44,111Liabilities 2013: $0Net Assets 2013: $44,1112013Assets 2014: $44,957Liabilities 2014: $0Net Assets 2014: $44,9572014Assets 2015: $51,682Liabilities 2015: $0Net Assets 2015: $51,6822015Assets 2019: $88,563Liabilities 2019: $0Net Assets 2019: $88,5632019Assets 2020: $83,853Liabilities 2020: $500Net Assets 2020: $83,3532020Assets 2021: $116,433Liabilities 2021: $500Net Assets 2021: $115,9332021Assets 2022: $143,065Liabilities 2022: $500Net Assets 2022: $142,5652022Assets 2023: $159,797Liabilities 2023: $500Net Assets 2023: $159,2972023Assets 2024: $189,171Liabilities 2024: $500Net Assets 2024: $188,6712024

Highlighted filing

2023

Assets$159,797
Liabilities$500
Net Assets$159,297

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $10,165Expenses 2012: $17,513Net Income 2012: -$7,3482012Revenue 2013: $22,835Expenses 2013: $13,199Net Income 2013: $9,6362013Revenue 2014: $15,907Expenses 2014: $15,061Net Income 2014: $8462014Revenue 2015: $22,272Expenses 2015: $15,547Net Income 2015: $6,7252015Revenue 2019: $32,709Expenses 2019: $15,799Net Income 2019: $16,9102019Revenue 2020: $4,004Expenses 2020: $9,214Net Income 2020: -$5,2102020Revenue 2021: $56,033Expenses 2021: $23,453Net Income 2021: $32,5802021Revenue 2022: $67,130Expenses 2022: $40,498Net Income 2022: $26,6322022Revenue 2023: $77,155Expenses 2023: $60,423Net Income 2023: $16,7322023Revenue 2024: $101,578Expenses 2024: $72,204Net Income 2024: $29,3742024

Highlighted filing

2023

Revenue$77,155
Expenses$60,423
Net Income$16,732
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 3, 2024
Return Version
2023v5.1
Gross Receipts
$132,520
Mission and Program Overview

Mission

To develop & support programs and scholarships for the benefit of henry abbott technical high school & its students and alumni.

Program Services

DescriptionGrantsExpenses
DEVELOPMENT & SUPPORT OF PROGRAMS & SCHOLARSHIPS FOR THE BENEFIT OF STUDENTS & ALUMNI @ HENRY ABBOTT TECHNICAL HIGH SCHOOL.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARTHUR J HADDADPresidentPT$0--
BILL CLARKSecretary/Treasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Tournament$42,548$42,548$195$42,353
Hall of Fame Dinner$33,723$33,723$6,050$27,673
Total Events$92,303$92,303$55,365$36,938
Filing and Contact Details

Filer

Filer Name
The Wolverine Foundationinc
EIN
27-2004512
Phone
2037442446
Address
2 JUNIPER RIDGE DRIVE, DANBURY, CT 06811

Signing Officer

Name
Arthur J Haddad
Title
President
Phone
2037442446
Signed
2024-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Van Houten & Company LLC
Address
83 WOOSTER HEIGHTS ROAD, DANBURY, CT 06810
Preparer
Robert R Van Houten CPA
Phone
2037927800
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: SCHOLARSHIPS. Grantee Name: VARIOUS. Grantee Relationship: VARIOUS STUDENTS (22). Property Description: SCHOLARSHIPS. Date of Gift: 06/09/23. Amount Given: 11,450.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: ATHLETIC PROGRAM EXPENSES. Amount: 32,411. Description: BANK SERVICE CHARGES. Amount: 59. Description: CHARITABLE & CIVIC DONATIONS. Amount: 4,800. Description: ATHLETIC BANQUET EXPENSES. Amount: 8,899. Description: ADVERTISING & MARKETING. Amount: 1,800. Description: WEBSITE EXPENSES. Amount: 35. Description: REGISTRATIONS & FEES. Amount: 50. Total to Form 990-EZ, line 16: 48,054.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: DEFERRED EXPENSES-CAR FOR RAFFLE. Beg. of Year Amount: 7,917. End of Year Amount: 7,917.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: SUNDRY ACCRUALS PAYABLE. Beg. of Year Amount: 500. End of Year Amount: 500.

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt036938
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HALL OF FAME DINNER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: SCHOLARSHIPS. Grantee Name: VARIOUS. Grantee Relationship: VARIOUS STUDENTS (22). Property Description: SCHOLARSHIPS. Date of Gift: 06/09/23. Amount Given: 11,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: ATHLETIC PROGRAM EXPENSES. Amount: 32,411. Description: BANK SERVICE CHARGES. Amount: 59. Description: CHARITABLE & CIVIC DONATIONS. Amount: 4,800. Description: ATHLETIC BANQUET EXPENSES. Amount: 8,899. Description: ADVERTISING & MARKETING. Amount: 1,800. Description: WEBSITE EXPENSES. Amount: 35. Description: REGISTRATIONS & FEES. Amount: 50. Total to Form 990-EZ, line 16: 48,054.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: DEFERRED EXPENSES-CAR FOR RAFFLE. Beg. of Year Amount: 7,917. End of Year Amount: 7,917.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: SUNDRY ACCRUALS PAYABLE. Beg. of Year Amount: 500. End of Year Amount: 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ARTHUR J HADDAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02037442446
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WOLVERINE FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0WOLV
ReturnHeader/Filer/EIN0272004512
ReturnHeader/Filer/PhoneNum02037442446
ReturnHeader/Filer/USAddress/AddressLine1Txt02 JUNIPER RIDGE DRIVE
ReturnHeader/Filer/USAddress/CityNm0DANBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006811
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262030670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VAN HOUTEN & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt083 WOOSTER HEIGHTS ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006810
ReturnHeader/PreparerPersonGrp/PhoneNum02037927800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert R Van Houten CPA
ReturnHeader/ReturnTs02024-11-05T10:49:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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