Civic Intelligence

Ficra Building Trust

990 • Fiscal year 2023 • EIN 31-1526764

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

PO Box 25Fox Island, WA 98333

(253) 208-6156

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

49th percentile

0.02x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

51st percentile

4.0%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

60%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$719,400

Up $27,406 (+4.0%) from 2022

Net Assets

Up

$717,200

Up $28,356 (+4.1%) from 2022

Liabilities

Down

$2,200

Down $950 (-30%) from 2022

Revenue

Up

$128,171

Up $48,245 (+60%) from 2022

Expenses

Up

$99,815

Up $30,291 (+44%) from 2022

Net Income

Up

$28,356

Up $17,954 (+173%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $197,717Liabilities 2015: $4,232Net Assets 2015: $193,4852015Assets 2017: $269,439Liabilities 2017: $3,132Net Assets 2017: $266,3072017Assets 2018: $333,896Liabilities 2018: $5,532Net Assets 2018: $328,3642018Assets 2019: $372,589Liabilities 2019: $2,732Net Assets 2019: $369,8572019Assets 2020: $416,007Liabilities 2020: $1,082Net Assets 2020: $414,9252020Assets 2021: $620,603Liabilities 2021: $4,262Net Assets 2021: $616,3412021Assets 2022: $691,994Liabilities 2022: $3,150Net Assets 2022: $688,8442022Assets 2023: $719,400Liabilities 2023: $2,200Net Assets 2023: $717,2002023Assets 2024: $706,404Liabilities 2024: $750Net Assets 2024: $705,6542024

Highlighted filing

2023

Assets$719,400
Liabilities$2,200
Net Assets$717,200

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $65,154Expenses 2015: $41,274Net Income 2015: $23,8802015Revenue 2017: $113,177Expenses 2017: $54,036Net Income 2017: $59,1412017Revenue 2018: $99,488Expenses 2018: $37,431Net Income 2018: $62,0572018Revenue 2019: $93,183Expenses 2019: $46,066Net Income 2019: $47,1172019Revenue 2020: $94,018Expenses 2020: $48,950Net Income 2020: $45,0682020Revenue 2021: $241,534Expenses 2021: $40,118Net Income 2021: $201,4162021Revenue 2022: $79,926Expenses 2022: $69,524Net Income 2022: $10,4022022Revenue 2023: $128,171Expenses 2023: $99,815Net Income 2023: $28,3562023Revenue 2024: $110,319Expenses 2024: $121,865Net Income 2024: -$11,5462024

Highlighted filing

2023

Revenue$128,171
Expenses$99,815
Net Income$28,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$147,605
Mission and Program Overview

Mission

Manage Community Buildings and Events

Manage the nichols community center and organize events that raise funds for citizens

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$688,844$717,200▲ $28,356
Cash and Non-Interest-Bearing Accounts$409,487$426,812▲ $17,325
Land, Buildings, and Equipment, Net$282,507$292,588▲ $10,081
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$691,994$719,400▲ $27,406
Liabilities
Other Liabilities$3,150$2,200▼ $950
Total Liabilities$3,150$2,200▼ $950
Net Assets / Fund Balance
Total Net Assets Fund Balance$688,844$717,200▲ $28,356
Total Liabilities and Net Assets / Fund Balance$691,994$719,400▲ $27,406

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$550$20,510-
Land$182,911--
Equipment$3,725$241-
Leasehold Improvements$105,402$113,348-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arlyn LawrencePresident
Weston KingVice President
Craig MclaughlinDirector
Candy WawroSecretary
Harold GoodellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$78,409
Program Service Revenue
$13,114
Investment Income
$10,668
Other Revenue
$25,980
All Other Contributions
$44,009
Change in Net Assets
$28,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,815
Grants and Similar Amounts Paid$10,000
Total Fundraising Expense$1,369
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$8,684$1,904$1,369$11,957
Grants to Domestic Orgs$10,000--$10,000
All Other Expenses$5,195$2,611-$7,806
Depreciation Depletion$7,455--$7,455
Insurance$4,660$878-$5,538
Other Expenses$3,755--$3,755
Fees for Services Accounting-$1,562-$1,562
Total Functional Expenses$91,491$6,955$1,369$99,815
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gig Harbor Tides Scholorship FoundationGig Harbor, WA-College Scholorships$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,783
Fundraising Gross Income$10,240
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
Rental Deposits Payable$1,600
Deposits on Hand$600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is provided for review by the board prior to filing either at a board meeting or electronically

Form 990, Part VI, Section C, Line 19

Governing documents and policy documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Ficra Building Trust
EIN
31-1526764
Phone
2532086156
Address
PO BOX 25, FOX ISLAND, WA 98333

Signing Officer

Name
Harold Goodell
Title
Treasurer
Phone
2532086156
Signed
2024-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harold Goodell
Formed
1996
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
50

Preparer

Firm
Ryan Jorgenson & Limoli Ps
Address
7525 PIONEER WAY SUITE 201, GIG HARBOR, WA 98335
Preparer
Julie Curtis
Phone
2538513425
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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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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED FOR REVIEW BY THE BOARD PRIOR TO FILING EITHER AT A BOARD MEETING OR ELECTRONICALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND POLICY DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt049404
IRS990/TotalOtherProgSrvcGrantAmt010000
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HAROLD GOODELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02532086156
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FICRA BUILDING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0FICR
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911342742
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RYAN JORGENSON & LIMOLI PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07525 PIONEER WAY SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GIG HARBOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098335
ReturnHeader/PreparerPersonGrp/PhoneNum02538513425
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE CURTIS
ReturnHeader/ReturnTs02024-11-13T16:54:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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