Civic Intelligence

Wow In-Sync Inc

990 • Fiscal year 2019 • EIN 27-2995958

Jul 01, 2018 to Jun 30, 2019 • Filed on May 01, 2019

2137 Flintstone Drive Suite ETucker, GA 30084

(770) 939-1100

Siviq Scores

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

Liabilities / Assets

84th percentile

0.60x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.13x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

76th percentile

$120,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

5.4%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$450,449

Up $99,566 (+28%) from 2018

Net Assets

Up

$181,152

Up $47,290 (+35%) from 2018

Liabilities

Up

$269,297

Up $52,276 (+24%) from 2018

Revenue

Up

$2,107,915

Up $108,480 (+5.4%) from 2018

Expenses

Up

$2,060,631

Up $44,430 (+2.2%) from 2018

Net Income

Up

$47,284

Up $64,050 (+382%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $369,459Liabilities 2015: $287,326Net Assets 2015: $82,1332015Assets 2016: $414,191Liabilities 2016: $298,687Net Assets 2016: $115,5042016Assets 2017: $437,875Liabilities 2017: $287,246Net Assets 2017: $150,6292017Assets 2018: $350,883Liabilities 2018: $217,021Net Assets 2018: $133,8622018Assets 2019: $450,449Liabilities 2019: $269,297Net Assets 2019: $181,1522019Assets 2020: $746,366Liabilities 2020: $496,097Net Assets 2020: $250,2692020Assets 2021: $936,810Liabilities 2021: $579,241Net Assets 2021: $357,5692021Assets 2022: $960,811Liabilities 2022: $449,404Net Assets 2022: $511,4072022

Highlighted filing

2019

Assets$450,449
Liabilities$269,297
Net Assets$181,152

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $2,144,079Expenses 2015: $2,170,927Net Income 2015: -$26,8482015Revenue 2016: $2,271,840Expenses 2016: $2,238,469Net Income 2016: $33,3712016Revenue 2017: $2,354,820Expenses 2017: $2,319,695Net Income 2017: $35,1252017Revenue 2018: $1,999,435Expenses 2018: $2,016,201Net Income 2018: -$16,7662018Revenue 2019: $2,107,915Expenses 2019: $2,060,631Net Income 2019: $47,2842019Revenue 2020: $2,085,647Expenses 2020: $2,016,533Net Income 2020: $69,1142020Revenue 2021: $1,982,957Expenses 2021: $1,875,657Net Income 2021: $107,3002021Revenue 2022: $2,521,316Expenses 2022: $2,367,478Net Income 2022: $153,8382022

Highlighted filing

2019

Revenue$2,107,915
Expenses$2,060,631
Net Income$47,284
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 1, 2019
Return Version
2018v3.2
Gross Receipts
$2,127,986
Mission and Program Overview

Mission

Working in sync with its community network, wow embraces people and their life goals through effective mentorship - striving to facilitate success for anyone who desires it.

Working in sync with its community network, wow embraces people and their life goals through effective mentorship - striving to facilitate success for anyone who desires it. Wow in-sync provides community and employment services for adults with developmental and learning disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$226,675$288,244▲ $61,569
Accounts Receivable$76,475$83,460▲ $6,985
Cash and Non-Interest-Bearing Accounts$26,289$48,014▲ $21,725
Prepaid Expenses and Deferred Charges$12,066$21,353▲ $9,287
Total Assets$350,883$450,449▲ $99,566
Other Assets Total$9,378$9,378→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$105,344$147,151▲ $41,807
Other Liabilities-$75,597-
Accounts Payable and Accrued Expenses$111,677$46,549▼ $65,128
Total Liabilities$217,021$269,297▲ $52,276
Net Assets / Fund Balance
Unrestricted Net Assets$133,862$181,152▲ $47,290
Total Net Assets Fund Balance$133,862$181,152▲ $47,290
Total Liabilities and Net Assets / Fund Balance$350,883$450,449▲ $99,566

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$195,053$189,564$384,617
Leasehold Improvements$93,191$41,287$134,478
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen LynnPresident/chFT$120,000$120,000
Mary JustmanVice PresideFT$72,000$72,000
Ivona BalickaVice PresideFT$71,755$71,755
Tim HarrisDirectorPT$14,488$14,488

Board Members and Trustees

NameTitle
Rick DeemerSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$2,112,430
Program Service Revenue
$2,056
Investment Income
$-6,571
Other Revenue
$0
All Other Contributions
$2,465
Change in Net Assets
$47,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,107,915
Total Revenue per Audited Statements
$2,107,915
Total Revenue per Form 990
$2,107,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,293,266
Other Expenses$767,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$925,206$89,817-$1,015,023
Current Officers, Directors, Trustees, and Key Employees$278,243--$278,243
Occupancy$117,636$13,070-$130,706
Information Technology$80,020$4,212-$84,232
All Other Expenses$65,830$11,035-$76,865
Insurance$56,560$6,491-$63,051
Depreciation Depletion$50,457$11,675-$62,132
Other Expenses$37,718$637-$38,355
Advertising$19,506$571-$20,077
Fees for Services Accounting$1,260$16,740-$18,000
Interest$9,392$1,044-$10,436
Office Expenses$3,924$2,629-$6,553
Total Functional Expenses$1,893,300$167,331$0$2,060,631

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,060,631
Expenses per Audited Statements$2,060,625
Total Expenses per Audited Statements$2,060,625
Expenses Not Reported on Financial Statements$6
Other Expense Adjustments$6
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
Accrued Expenses$54,852
Line of Credit$20,745
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 2

Karen lynn tim harris president board member spouse

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

A copy of form 990 will be reviewed by the executive staff and provided to the board before filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is distributed annually at the board meeting and board members and officers are required to sign it.

Form 990, Page 6, Part VI, Line 15A

Wow in-sync's board meets annually to determine appropriate wages for the president. The wages are determined using comparability data and performance metrics.

Form 990, Page 6, Part VI, Line 15B

Wow in-sync's board meets annually to determine appropriate wages for all key employees. The wages are determined using comparability data and performance metrics.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Wow In-sync Inc
EIN
27-2995958
Phone
7709391100
Address
2137 FLINTSTONE DRIVE SUITE E, TUCKER, GA 30084

Signing Officer

Name
Karen Lynn
Title
President/chairman
Phone
7709391100
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Lynn
Formed
2010
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
1
Employees
55

Preparer

Firm
Tjs Deemer Dana Llp
Address
2915 PREMIERE PARKWAY SUITE 125, DULUTH, GA 30097
Preparer
Janet L Prather CPA
Phone
6782421300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 6

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 6

Raw XML Appendix398 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KAREN LYNN TIM HARRIS PRESIDENT BOARD MEMBER SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WILL BE REVIEWED BY THE EXECUTIVE STAFF AND PROVIDED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AT THE BOARD MEETING AND BOARD MEMBERS AND OFFICERS ARE REQUIRED TO SIGN IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WOW IN-SYNC'S BOARD MEETS ANNUALLY TO DETERMINE APPROPRIATE WAGES FOR THE PRESIDENT. THE WAGES ARE DETERMINED USING COMPARABILITY DATA AND PERFORMANCE METRICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WOW IN-SYNC'S BOARD MEETS ANNUALLY TO DETERMINE APPROPRIATE WAGES FOR ALL KEY EMPLOYEES. THE WAGES ARE DETERMINED USING COMPARABILITY DATA AND PERFORMANCE METRICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN LYNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07709391100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOW IN-SYNC INC
ReturnHeader/Filer/BusinessNameControlTxt0WOWI
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.44.34.130
ReturnHeader/FilingSecurityInformation/IPDt02020-05-07
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ReturnHeader/FilingSecurityInformation/IPTm010:07:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582663273
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TJS DEEMER DANA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02915 PREMIERE PARKWAY SUITE 125
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030097
ReturnHeader/PreparerPersonGrp/PhoneNum06782421300
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANET L PRATHER CPA
ReturnHeader/ReturnTs02020-05-07T10:07:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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