Civic Intelligence

Great Headwaters Trails Foundation Inc.

990 • Fiscal year 2017 • EIN 27-4655716

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

PO Box 609Eagle River, WI 54521

(617) 617-0080

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

5th percentile

-96%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

11th percentile

-42%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$158,032

Down $114,579 (-42%) from 2016

Net Assets

Down

$158,032

Down $114,579 (-42%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$119,258

Down $56,343 (-32%) from 2016

Expenses

Up

$233,837

Up $103,754 (+80%) from 2016

Net Income

Down

-$114,579

Down $160,097 (-352%) from 2016

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: $81,052Net Assets 2012: $81,0522012Assets 2013: $136,207Net Assets 2013: $136,2072013Assets 2014: $177,118Net Assets 2014: $177,1182014Assets 2015: $227,093Net Assets 2015: $227,0932015Assets 2016: $272,611Liabilities 2016: $0Net Assets 2016: $272,6112016Assets 2017: $158,032Liabilities 2017: $0Net Assets 2017: $158,0322017Assets 2018: $324,143Liabilities 2018: $0Net Assets 2018: $324,1432018Assets 2019: $397,953Liabilities 2019: $0Net Assets 2019: $397,9532019Assets 2020: $613,765Liabilities 2020: $0Net Assets 2020: $613,7652020Assets 2021: $243,672Liabilities 2021: $0Net Assets 2021: $243,6722021Assets 2022: $343,534Liabilities 2022: $2,500Net Assets 2022: $341,0342022Assets 2023: $452,285Liabilities 2023: $0Net Assets 2023: $452,2852023Assets 2024: $565,301Liabilities 2024: $0Net Assets 2024: $565,3012024

Highlighted filing

2017

Assets$158,032
Liabilities$0
Net Assets$158,032

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $70,248Expenses 2012: $2,941Net Income 2012: $67,3072012Revenue 2013: $61,045Expenses 2013: $5,890Net Income 2013: $55,1552013Revenue 2014: $68,325Expenses 2014: $27,414Net Income 2014: $40,9112014Revenue 2015: $98,702Expenses 2015: $48,727Net Income 2015: $49,9752015Revenue 2016: $175,601Expenses 2016: $130,083Net Income 2016: $45,5182016Revenue 2017: $119,258Expenses 2017: $233,837Net Income 2017: -$114,5792017Revenue 2018: $183,995Expenses 2018: $17,883Net Income 2018: $166,1122018Revenue 2019: $120,643Expenses 2019: $46,833Net Income 2019: $73,8102019Revenue 2020: $277,561Expenses 2020: $61,749Net Income 2020: $215,8122020Revenue 2021: $303,088Expenses 2021: $673,182Net Income 2021: -$370,0942021Revenue 2022: $122,653Expenses 2022: $25,291Net Income 2022: $97,3622022Revenue 2023: $136,737Expenses 2023: $25,486Net Income 2023: $111,2512023Revenue 2024: $144,183Expenses 2024: $31,168Net Income 2024: $113,0152024

Highlighted filing

2017

Revenue$119,258
Expenses$233,837
Net Income-$114,579
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$132,185
Mission and Program Overview

Mission

Build and maintain a system of bicycle trails in vilas county, wisconsin

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$175,360$125,403▼ $49,957
Cash and Non-Interest-Bearing Accounts$97,215$32,629▼ $64,586
Land, Buildings, and Equipment, Net$36--
Total Assets$272,611$158,032▼ $114,579
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$272,611$158,032▼ $114,579
Total Net Assets Fund Balance$272,611$158,032▼ $114,579
Total Liabilities and Net Assets / Fund Balance$272,611$158,032▼ $114,579

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$480$480
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff CurrieChairman
Gary MeisterVice Chairman
Barb HelmickBoard Member
Brian BlankBoard Member
Debbie MageeBoard Member
Rollie AlgerBoard Member
Tim WrightBoard Member
Mike RobillardSecretary
Mark OlsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,418
Program Service Revenue
$0
Investment Income
$546
Other Revenue
$6,294
All Other Contributions
$112,418
Change in Net Assets
$-114,579

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,837
Total Fundraising Expense$9,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$220,115$0$0$220,115
Other Expenses$0$0$9,044$9,044
Occupancy$0$1,536$0$1,536
Insurance$0$821$0$821
Fees for Services Accounting$0$200$0$200
Total Functional Expenses$220,115$4,678$9,044$233,837
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,294
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
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
Filing and Contact Details

Filer

Filer Name
Great Headwaters Trails Foundation Inc
EIN
27-4655716
Phone
6176170080
Address
PO BOX 609, EAGLE RIVER, WI 54521

Signing Officer

Name
Chris Brunner
Title
Treasurer
Phone
6176170080
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Brunner
Formed
2010
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
Lee Liermann CPA LLC
Address
PO 1265, EAGLE RIVER, WI 54521
Preparer
Lee a Liermann CPA
Phone
7154804140
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The treasurer reviews the return with the preparing cpa.

Pt VI, Line 11B

In addition the president reviews the return as part of

Pt VI, Line 11B

Signing the state return which requires their signature.

Pt VI, Line 19

The board makes the returns available as requested.

Pt VI, Line 2

Jeff & ann currie are officers and are married

Pt VI, Line 8B

The board is the governing body with no committees.

Form 990EZ, Part I, Line 16

SUPPLIES

Form 990EZ, Part I, Line 16

MARKETING & PROMOTION

Form 990EZ, Part I, Line 16

LICENSES

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

FUNDRAISING EXPENSE

Form 990EZ, Part I, Line 16

Conover muskrat creek costs

Form 990EZ, Part I, Line 16

SONGHILL LANE COSTS

Form 990EZ, Part I, Line 16

Eagle river connector costs

Form 990EZ, Part I, Line 16

PHELPS COSTS

Form 990EZ, Part I, Line 16

TORCH LAKE COSTS

Form 990EZ, Part I, Line 16

RIVERVIEW PARK COSTS

Form 990EZ, Part I, Line 16

Er inn to otter rapids costs

Form 990EZ, Part I, Line 16

Otter rapids to st germain costs

Form 990EZ, Part II, Line 24

Furniture and equipment 36.

Form 990, Part IX, Line 24E

Conover muskrat creek costs 100. 100. 0. 0.

Form 990, Part IX, Line 24E

Songhill lane costs 219660. 219660. 0. 0.

Form 990, Part IX, Line 24E

Phelps trail costs 2. 2. 0. 0.

Form 990, Part IX, Line 24E

Er connector to wi river 201. 201. 0. 0.

Form 990, Part IX, Line 24E

Otter rapids to st germain 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Eagle river connector 152. 152. 0. 0.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt060686
IRS990ScheduleA/Total509Grp/TotalAmt0522011
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0523091
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0480
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0480
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS THE RETURN WITH THE PREPARING CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ADDITION THE PRESIDENT REVIEWS THE RETURN AS PART OF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIGNING THE STATE RETURN WHICH REQUIRES THEIR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MAKES THE RETURNS AVAILABLE AS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JEFF & ANN CURRIE ARE OFFICERS AND ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD IS THE GOVERNING BODY WITH NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MARKETING & PROMOTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LICENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FUNDRAISING EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CONOVER MUSKRAT CREEK COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SONGHILL LANE COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EAGLE RIVER CONNECTOR COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PHELPS COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15TORCH LAKE COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16RIVERVIEW PARK COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ER INN TO OTTER RAPIDS COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18OTTER RAPIDS TO ST GERMAIN COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19FURNITURE AND EQUIPMENT 36.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20CONOVER MUSKRAT CREEK COSTS 100. 100. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21SONGHILL LANE COSTS 219660. 219660. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22PHELPS TRAIL COSTS 2. 2. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23ER CONNECTOR TO WI RIVER 201. 201. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24OTTER RAPIDS TO ST GERMAIN 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25EAGLE RIVER CONNECTOR 152. 152. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0272611
IRS990/TotalAssetsEOYAmt0158032
IRS990/TotalAssetsGrp/BOYAmt0272611
IRS990/TotalAssetsGrp/EOYAmt0158032
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0112418
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09044
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04678
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0220115
IRS990/TotalFunctionalExpensesGrp/TotalAmt0233837
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0272611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0158032
IRS990/TotalProgramServiceExpensesAmt0220115
IRS990/TotalRevenueGrp/ExclusionAmt06294
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0546
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119258
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0272611
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158032
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0272611
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0158032
IRS990/USAddress/AddressLine1Txt02431 SPIRIT LAKE RD
IRS990/USAddress/CityNm0EAGLE RIVER
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054521
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS BRUNNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06176170080
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT HEADWATERS TRAILS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0274655716
ReturnHeader/Filer/PhoneNum06176170080
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 609
ReturnHeader/Filer/USAddress/CityNm0EAGLE RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054521
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D21420E3CB1FDC41E7DC7FF0313B2060E96FD3B9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D21420E3CB1FDC41E7DC7FF0313B2060E96FD3B9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0155.254.134.156
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm008:16:41
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE LIERMANN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO 1265
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAGLE RIVER

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