Civic Intelligence

Granted Inc.

990 • Fiscal year 2020 • EIN 31-1154659

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 07, 2021

4445 Commerce Street Suite 108Evansville, IN 47710

(812) 425-9474

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.08x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

81st percentile

35%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

75th percentile

35%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$217,806

Up $56,260 (+35%) from 2019

Net Assets

Up

$207,606

Up $46,998 (+29%) from 2019

Liabilities

Up

$10,200

Up $9,262 (+987%) from 2019

Revenue

Up

$133,888

Up $19,458 (+17%) from 2019

Expenses

Down

$86,890

Down $10,527 (-11%) from 2019

Net Income

Up

$46,998

Up $29,985 (+176%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $144,500Liabilities 2018: $905Net Assets 2018: $143,5952018Assets 2019: $161,546Liabilities 2019: $938Net Assets 2019: $160,6082019Assets 2020: $217,806Liabilities 2020: $10,200Net Assets 2020: $207,6062020Assets 2021: $299,148Liabilities 2021: $2,053Net Assets 2021: $297,0952021Assets 2022: $508,788Liabilities 2022: $2,833Net Assets 2022: $505,9552022Assets 2023: $988,120Liabilities 2023: $4,177Net Assets 2023: $983,9432023Assets 2024: $1,390,602Liabilities 2024: $3,526Net Assets 2024: $1,387,0762024

Highlighted filing

2020

Assets$217,806
Liabilities$10,200
Net Assets$207,606

Operations Trend

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

$1.0M$500K$0Revenue 2018: $121,339Expenses 2018: $98,280Net Income 2018: $23,0592018Revenue 2019: $114,430Expenses 2019: $97,417Net Income 2019: $17,0132019Revenue 2020: $133,888Expenses 2020: $86,890Net Income 2020: $46,9982020Revenue 2021: $243,697Expenses 2021: $154,208Net Income 2021: $89,4892021Revenue 2022: $487,006Expenses 2022: $278,146Net Income 2022: $208,8602022Revenue 2023: $844,004Expenses 2023: $366,016Net Income 2023: $477,9882023Revenue 2024: $777,299Expenses 2024: $374,166Net Income 2024: $403,1332024

Highlighted filing

2020

Revenue$133,888
Expenses$86,890
Net Income$46,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 7, 2021
Return Version
2020v4.0
Gross Receipts
$191,725
Mission and Program Overview

Mission

Support terminally ill children

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$106,768$107,813▲ $1,045
Cash and Non-Interest-Bearing Accounts$45,734$62,272▲ $16,538
Savings and Temporary Cash Investments$2,880$41,557▲ $38,677
Land, Buildings, and Equipment, Net$6,164$6,164→ $0
Total Assets$161,546$217,806▲ $56,260
Liabilities
Other Liabilities$938$10,200▲ $9,262
Total Liabilities$938$10,200▲ $9,262
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,557$182,555▲ $46,998
Net Assets With Donor Restrictions$25,051$25,051→ $0
Total Net Assets Fund Balance$160,608$207,606▲ $46,998
Total Liabilities and Net Assets / Fund Balance$161,546$217,806▲ $56,260

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,164$61,306$67,470
Compensation and Service Providers

Board Members and Trustees

NameTitle
Teri BarnesPresident
Angela PhaupDirector
Carl WallaceDirector
Carolyn PfaffmannDirector
Catie TaylorDirector
Erik BryantDirector
Grace WempeDirector
Jeff PurdueDirector
Jeff WilliamsDirector
Matt FolzDirector
Todd SchimmellDirector
Hector Rivera FuentesSecretary/tr
Corey EblenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$34,817
Program Service Revenue
$0
Investment Income
$5,881
Other Revenue
$93,190
All Other Contributions
$34,817
Change in Net Assets
$46,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$49,555
Other Expenses$24,945
Grants and Similar Amounts Paid$12,390
Total Fundraising Expense$2,370
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$34,913$8,902$2,201$46,016
Grants to Domestic Individuals$12,390--$12,390
Insurance$5,000$623-$5,623
Occupancy$4,538$238-$4,776
Payroll Taxes$2,685$685$169$3,539
Office Expenses$2,386$943-$3,329
Fees for Services Accounting-$2,068-$2,068
Conferences and Meetings-$1,500-$1,500
Other Expenses$909$50-$959
Total Functional Expenses$64,807$19,713$2,370$86,890
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$131,523
Fundraising Direct Expenses$38,333
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$37,566$37,566$12,045$25,521
Dishes 4 Wishes$33,234$33,234$2,487$30,747
Total Events$120,827$120,827$19,227$101,600
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - Ppp Loan$8,985
Payroll Liabilities$1,215
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

Form 990 is shared with the board after completion

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

Each board member signs annual conflict of interest agreement. And before each major vote, members are asked if they have any conflicts.

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

The board reviewed information obtained from other wish granting organizations and local non-profits of similar size to decide on compensation for the executive director. Officers and other board members are not compensated.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Granted Inc
EIN
31-1154659
Phone
8124259474
Address
4445 COMMERCE STREET SUITE 108, EVANSVILLE, IN 47710

Signing Officer

Name
Teri Barnes
Title
President
Phone
8124259474
Signed
2021-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teri Barnes
Formed
1985
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
85

Preparer

Firm
Vowells & Schaaf Llp
Address
PO BOX 119, EVANSVILLE, IN 47701-0119
Preparer
Thomas P Record CPA
Phone
8124214165
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE - PPP LOAN
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IRS990ScheduleD/TotalLiabilityAmt010200
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE CRITERIA FOR EACH GRANT, KEEPING TRACK OF EXPENSES,UPDATING GRANTOR WITH PROGRESS REPORTS, AND FINANCIAL REPORTING AS NEEDED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SHARED WITH THE BOARD AFTER COMPLETION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER SIGNS ANNUAL CONFLICT OF INTEREST AGREEMENT. AND BEFORE EACH MAJOR VOTE, MEMBERS ARE ASKED IF THEY HAVE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWED INFORMATION OBTAINED FROM OTHER WISH GRANTING ORGANIZATIONS AND LOCAL NON-PROFITS OF SIMILAR SIZE TO DECIDE ON COMPENSATION FOR THE EXECUTIVE DIRECTOR. OFFICERS AND OTHER BOARD MEMBERS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TotalFunctionalExpensesGrp/TotalAmt086890
IRS990/TotalGrossUBIAmt00
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERI BARNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08124259474
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-07

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