Civic Intelligence

Nathans Friends

990 • Fiscal year 2022 • EIN 27-2808730

Jan 01, 2022 to Dec 31, 2022 • Filed on Dec 06, 2023

3489 Bonnetts DriveJohns Island, SC 29455

(614) 445-3952

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.75x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

Up

$26,635

Up $26,635 from 2021

Net Assets

Up

$6,578

Up $6,578 from 2021

Liabilities

$20,057

No earlier filing loaded for comparison.

Revenue

$338,324

No earlier filing loaded for comparison.

Expenses

$331,746

No earlier filing loaded for comparison.

Net Income

$6,578

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.

$30K$20K$10K$0-$10KAssets 2021: $0Net Assets 2021: $02021Assets 2022: $26,635Liabilities 2022: $20,057Net Assets 2022: $6,5782022Assets 2023: $21,861Liabilities 2023: $25,059Net Assets 2023: -$3,1982023Assets 2024: $17,997Liabilities 2024: $26,659Net Assets 2024: -$8,6622024

Highlighted filing

2022

Assets$26,635
Liabilities$20,057
Net Assets$6,578

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2022: $338,324Expenses 2022: $331,746Net Income 2022: $6,5782022Revenue 2023: $810,000Expenses 2023: $819,776Net Income 2023: -$9,7762023Revenue 2024: $592,693Expenses 2024: $598,157Net Income 2024: -$5,4642024

Highlighted filing

2022

Revenue$338,324
Expenses$331,746
Net Income$6,578
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Dec 6, 2023
Return Version
2022v5.0
Gross Receipts
$338,324
Mission and Program Overview

Mission

To employ the mentally physically challenged

To employ the mentally physically challenged portion of the population,

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$22,240-
Rtn Earn Endowment Incm Other Fnds-$6,578-
Cash and Non-Interest-Bearing Accounts-$4,395-
Total Assets$0$26,635▲ $26,635
Liabilities
Accounts Payable and Accrued Expenses-$13,153-
Deferred Revenue-$6,904-
Total Liabilities$0$20,057▲ $20,057
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$6,578▲ $6,578
Total Liabilities and Net Assets / Fund Balance$0$26,635▲ $26,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,240$5,560$27,800
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darrell M KemPresident
Morgan KemSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$337,087
Investment Income
$237
Other Revenue
$1,000
Change in Net Assets
$6,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,106
Salaries, Compensation, and Employee Benefits$110,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$100,244
Occupancy---$51,015
Travel---$35,063
Payroll Taxes---$10,396
Other Expenses---$9,966
Depreciation Depletion$5,560--$5,560
Information Technology---$2,707
All Other Expenses---$2,013
Fees for Services Legal---$1,187
Insurance---$880
Conferences and Meetings---$600
Advertising---$384
Office Expenses---$359
Total Functional Expenses$5,560$0$0$331,746
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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, Part VI, Section B, Line 11B

All members receive copy of 990 for review

Filing and Contact Details

Filer

Filer Name
Nathans Friends
EIN
27-2808730
Address
3489 BONNETTS DRIVE, Johns Island, SC 29455

Signing Officer

Name
Darrell Kem
Title
President
Signed
2023-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darrell Kem
Formed
2010
Legal Domicile
Sc
Voting Board Members
2
Independent Board Members
0
Employees
6

Preparer

Firm
Chorpenning & Associates
Address
789 S FRONT ST, COLUMBUS, OH 43206
Preparer
Drew Chorpenning
Phone
6144453952
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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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