Civic Intelligence

Highco Inc.

990 • Fiscal year 2020 • EIN 31-1121548

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

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

42nd percentile

0.06x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

81st percentile

34%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

21%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,522,990

Up $387,727 (+34%) from 2019

Net Assets

Up

$1,433,125

Up $473,650 (+49%) from 2019

Liabilities

Down

$89,865

Down $85,923 (-49%) from 2019

Revenue

Up

$2,494,563

Up $432,541 (+21%) from 2019

Expenses

Down

$2,018,900

Down $368,717 (-15%) from 2019

Net Income

Up

$475,663

Up $801,258 (+246%) from 2019

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

2020

Assets$1,522,990
Liabilities$89,865
Net Assets$1,433,125

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

2020

Revenue$2,494,563
Expenses$2,018,900
Net Income$475,663
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.0
Gross Receipts
$2,503,684
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$666,736$612,346▼ $54,390
Cash and Non-Interest-Bearing Accounts$59,516$493,927▲ $434,411
Accounts Receivable$217,913$213,013▼ $4,900
Savings and Temporary Cash Investments$191,098$203,704▲ $12,606
Total Assets$1,135,263$1,522,990▲ $387,727
Liabilities
Accounts Payable and Accrued Expenses$175,788$66,561▼ $109,227
Unsecured Notes Loans Payable-$23,304-
Total Liabilities$175,788$89,865▼ $85,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$959,475$1,433,125▲ $473,650
Total Net Assets Fund Balance$959,475$1,433,125▲ $473,650
Total Liabilities and Net Assets / Fund Balance$1,135,263$1,522,990▲ $387,727

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$472,162$34,589$506,751
Other Land Buildings$37,593$160,408$198,001
Equipment$22,391$110,583$132,974
Land$80,200-$80,200
Compensation and Service Providers

Board Members and Trustees

NameTitle
John AbellPresident
Denny KirkTrustee
Jenna WintersTrustee
Mechelle FrostTrustee
Sally RogersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$675,675
Program Service Revenue
$1,788,223
Investment Income
$3,202
Other Revenue
$27,463
All Other Contributions
$490
Change in Net Assets
$475,663

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,494,563
Total Revenue per Audited Statements
$2,494,563
Total Revenue per Form 990
$2,494,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,665,787
Other Expenses$353,113
Total Fundraising Expense$993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,206,470$267,131-$1,473,601
Payroll Taxes$142,650$31,585-$174,235
Travel$58,766--$58,766
Occupancy$44,460$6,606-$51,066
Depreciation Depletion$25,550$17,704-$43,254
Insurance$28,730$6,361-$35,091
Information Technology-$32,252-$32,252
Other Employee Benefits$15,959$1,992-$17,951
All Other Expenses$5,413$11,686-$17,099
Fees for Services Other-$14,110-$14,110
Office Expenses$9,677--$9,677
Interest$6,958$1,740-$8,698
Other Expenses$8,393$1,237$993$8,393
Advertising-$597-$597
Total Functional Expenses$1,624,906$393,001$993$2,018,900

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,018,900
Total Expenses per Audited Statements$2,018,900
Total Expenses per Form 990$2,018,900
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,326
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
Audit committee
Yes
Backup withholding compliance
No
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
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
John Abell
Title
President
Phone
9373932891
Signed
2021-10-25
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
135

Preparer

Firm
Vanessa Blevins CPA & Company LLC
Address
304 EAST MARKET STREET, WASHINGTON COURT HOU, OH 43160
Preparer
Vanessa L Blevins
Phone
7403331318
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

PRODUCTION TRAINING

Form 990, Part XI, Line 9

Rounding 4 penalties not deductible 0 total 4

Financial Statement Notes

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

Penalties not deductible 0

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0793
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012966
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0110583
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132974
IRS990ScheduleD/ExpensesSubtotalAmt02018900
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080200
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037593
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0198001
IRS990ScheduleD/RevenueSubtotalAmt02494563
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PENALTIES NOT DEDUCTIBLE 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRODUCTION TRAINING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES THE BOARD MEMBERS AND OFFICERS TO REPORT ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 4 PENALTIES NOT DEDUCTIBLE 0 TOTAL 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01135263
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IRS990/TotalContributionsAmt0675675
IRS990/TotalEmployeeCnt0135
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0393001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01624906
IRS990/TotalFunctionalExpensesGrp/TotalAmt02018900
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0175788
IRS990/TotalLiabilitiesGrp/EOYAmt089865
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01433125
IRS990/TotalOtherProgSrvcExpenseAmt0742350
IRS990/TotalProgramServiceExpensesAmt01624906
IRS990/TotalProgramServiceRevenueAmt01788223
IRS990/TotalRevenueGrp/ExclusionAmt029236
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01789652
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01522990
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IRS990/TravelGrp/TotalAmt058766
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt023304
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HILLSBORO
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045133
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HIGHCOINC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN ABELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09373932891
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-25
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
ReturnHeader/Filer/USAddress/ZIPCd045133
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814754840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANESSA BLEVINS CPA & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0304 EAST MARKET STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON COURT HOU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043160
ReturnHeader/PreparerPersonGrp/PhoneNum07403331318
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VANESSA L BLEVINS
ReturnHeader/ReturnTs02021-11-03T16:43:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ABELL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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