Civic Intelligence

Highco Inc.

990 • Fiscal year 2018 • EIN 31-1121548

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

5215 US Route 50Hillsboro, OH 45133

(937) 393-2891

Siviq Scores

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

Liabilities / Assets

49th percentile

0.08x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

21st percentile

-9.8%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,395,635

Down $291,057 (-17%) from 2017

Net Assets

Down

$1,285,499

Down $308,187 (-19%) from 2017

Liabilities

Up

$110,136

Up $17,130 (+18%) from 2017

Revenue

Up

$3,212,507

Up $329,378 (+11%) from 2017

Expenses

Up

$3,526,303

Up $1,209,386 (+52%) from 2017

Net Income

Down

-$313,796

Down $880,008 (-155%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $456,976Liabilities 2010: $19,105Net Assets 2010: $437,8712010Assets 2011: $535,980Liabilities 2011: $21,439Net Assets 2011: $514,5412011Assets 2012: $458,087Liabilities 2012: $21,677Net Assets 2012: $436,4102012Assets 2013: $528,256Liabilities 2013: $19,148Net Assets 2013: $509,1082013Assets 2014: $539,801Liabilities 2014: $45,670Net Assets 2014: $494,1312014Assets 2015: $693,213Liabilities 2015: $40,935Net Assets 2015: $652,2782015Assets 2016: $1,289,216Liabilities 2016: $64,902Net Assets 2016: $1,224,3142016Assets 2017: $1,686,692Liabilities 2017: $93,006Net Assets 2017: $1,593,6862017Assets 2018: $1,395,635Liabilities 2018: $110,136Net Assets 2018: $1,285,4992018Assets 2019: $1,135,263Liabilities 2019: $175,788Net Assets 2019: $959,4752019Assets 2020: $1,522,990Liabilities 2020: $89,865Net Assets 2020: $1,433,1252020Assets 2021: $1,387,522Liabilities 2021: $68,736Net Assets 2021: $1,318,7862021Assets 2022: $1,304,725Liabilities 2022: $149,388Net Assets 2022: $1,155,3372022Assets 2023: $1,539,938Liabilities 2023: $494,166Net Assets 2023: $1,045,7722023Assets 2024: $1,658,293Liabilities 2024: $372,877Net Assets 2024: $1,285,4162024

Highlighted filing

2018

Assets$1,395,635
Liabilities$110,136
Net Assets$1,285,499

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $348,2302010Expenses 2011: $366,3952011Expenses 2012: $347,7132012Revenue 2013: $400,551Expenses 2013: $332,150Net Income 2013: $68,4012013Revenue 2014: $594,854Expenses 2014: $599,995Net Income 2014: -$5,1412014Revenue 2015: $1,238,072Expenses 2015: $1,075,917Net Income 2015: $162,1552015Revenue 2016: $2,098,738Expenses 2016: $1,520,979Net Income 2016: $577,7592016Revenue 2017: $2,883,129Expenses 2017: $2,316,917Net Income 2017: $566,2122017Revenue 2018: $3,212,507Expenses 2018: $3,526,303Net Income 2018: -$313,7962018Revenue 2019: $2,062,022Expenses 2019: $2,387,617Net Income 2019: -$325,5952019Revenue 2020: $2,494,563Expenses 2020: $2,018,900Net Income 2020: $475,6632020Revenue 2021: $2,087,003Expenses 2021: $2,202,571Net Income 2021: -$115,5682021Revenue 2022: $1,851,565Expenses 2022: $1,953,057Net Income 2022: -$101,4922022Revenue 2023: $1,839,296Expenses 2023: $1,967,300Net Income 2023: -$128,0042023Revenue 2024: $2,760,478Expenses 2024: $2,522,977Net Income 2024: $237,5012024

Highlighted filing

2018

Revenue$3,212,507
Expenses$3,526,303
Net Income-$313,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$3,216,772
Mission and Program Overview

Mission

To provide learning, rehabilitation and self-care skills for hands-on experience for physically handicapped clients in a workshop and test area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$536,541$595,301▲ $58,760
Accounts Receivable$551,982$352,914▼ $199,068
Cash and Non-Interest-Bearing Accounts$163,615$252,423▲ $88,808
Investments Other Securities$172,833$178,018▲ $5,185
Savings and Temporary Cash Investments$259,681$9,791▼ $249,890
Investments in Publicly Traded Securities$6,945$7,188▲ $243
Total Assets$1,691,597$1,395,635▼ $295,962
Liabilities
Accounts Payable and Accrued Expenses$89,621$110,136▲ $20,515
Total Liabilities$89,621$110,136▲ $20,515
Net Assets / Fund Balance
Unrestricted Net Assets$1,601,976$1,285,499▼ $316,477
Total Net Assets Fund Balance$1,601,976$1,285,499▼ $316,477
Total Liabilities and Net Assets / Fund Balance$1,691,597$1,395,635▼ $295,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$390,040$9,251$399,291
Other Land Buildings$96,901$125,100$222,001
Equipment$28,160$98,669$126,829
Land$80,200-$80,200
Other Securities$178,018--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John AbellPresident
Denny KirkTrustee
Mechelle FrostTrustee
Juni JohnsonCFO
Sally RogersSecretary
Tom SchoettleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$793
Program Service Revenue
$3,174,559
Investment Income
$13,094
Other Revenue
$24,061
All Other Contributions
$793
Change in Net Assets
$-313,796

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,212,507
Total Revenue per Audited Statements
$3,212,507
Total Revenue per Form 990
$3,212,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,458,232
Other Expenses$1,068,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,974,124$192,823-$2,166,947
Payroll Taxes$242,012$21,668-$263,680
All Other Expenses$184,485$16,761-$201,246
Travel$88,604$391-$88,995
Other Expenses$82,949$4,283-$82,949
Insurance$30,689$27,664-$58,353
Depreciation Depletion$25,481$12,588-$38,069
Information Technology-$37,099-$37,099
Other Employee Benefits$18,293$9,312-$27,605
Occupancy$17,407$1,514-$18,921
Office Expenses-$10,356-$10,356
Fees for Services Accounting-$9,695-$9,695
Advertising-$6,479-$6,479
Total Functional Expenses$3,158,847$367,456$0$3,526,303

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,528,984
Expenses per Audited Statements$3,526,303
Total Expenses per Form 990$3,526,303
Expenses Not Reported on Form 990$2,681
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,383
Fundraising Direct Expenses$4,265
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
Annual disclosure for covered persons
No
Backup withholding compliance
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
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 11B

No review was or will be conducted.

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

The organization requires the board members and officers to report any potential conflicts.

Form 990, Page 6, Part VI, Line 19

The organization makes all governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Highco Inc
EIN
31-1121548
Phone
9373932891
Address
5215 US ROUTE 50, HILLSBORO, OH 45133

Signing Officer

Name
Juni Johnson
Title
CFO
Phone
9373932891
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Abell
Formed
1980
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
304

Preparer

Firm
Vanessa Blevins CPA & Company LLC
Address
308 HIGHLAND AVE UNIT B, WASHINGTON CT HOUSE, OH 43160
Preparer
Vanessa L Blevins
Phone
7403331318
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Penalties not deductible -2,681 penalties not deductible 0 total -2,681

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Penalties not deductible 2,681

Raw XML Appendix394 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012966
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03191502
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt09251
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt098669
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0178018
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PENALTIES NOT DEDUCTIBLE 2,681
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalBookValueSecuritiesAmt0178018
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IRS990ScheduleD/TotalRevenuePerForm990Amt03212507
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES THE BOARD MEMBERS AND OFFICERS TO REPORT ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PENALTIES NOT DEDUCTIBLE -2,681 PENALTIES NOT DEDUCTIBLE 0 TOTAL -2,681
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03158847
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IRS990/TotalProgramServiceExpensesAmt03158847
IRS990/TotalProgramServiceRevenueAmt03174559
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03191502
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03212507
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01395635
IRS990/TravelGrp/ManagementAndGeneralAmt0391
IRS990/TravelGrp/ProgramServicesAmt088604
IRS990/TravelGrp/TotalAmt088995
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01601976
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01285499
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HILLSBORO
IRS990/USAddress/StateAbbreviationCd0OH
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HIGHCOINC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUNI JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09373932891
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHCO INC
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0311121548
ReturnHeader/Filer/PhoneNum09373932891
ReturnHeader/Filer/USAddress/AddressLine1Txt05215 US ROUTE 50
ReturnHeader/Filer/USAddress/CityNm0HILLSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A347747229FDC02099CA9929C75C814BAB9899BC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId035899D8FE868CC6A93978E284C1004CCA0043027
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:42:06
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814754840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANESSA BLEVINS CPA & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0308 HIGHLAND AVE UNIT B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON CT HOUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043160
ReturnHeader/PreparerPersonGrp/PhoneNum07403331318
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VANESSA L BLEVINS
ReturnHeader/ReturnTs02019-11-15T10:42:06-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.37$1.29$2.76$2.52$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.49$1.05$1.84$1.97$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.15$1.16$1.85$1.95$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.07$1.32$2.09$2.20$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.09$1.43$2.49$2.02$0.48
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.18$0.96$2.06$2.39$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.11$1.29$3.21$3.53$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.09$1.59$2.88$2.32$0.57
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.06$1.22$2.10$1.52$0.58
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.04$0.65$1.24$1.08$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.05$0.49$0.59$0.60$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$0.40$0.33$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.02$0.44$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.02$0.51$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.02$0.44$0.35