Civic Intelligence

Oberlin Student Cooperative Association Foundation Inc.

990 • Fiscal year 2015 • EIN 31-1538724

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 24, 2015

Box 86 Wilder HallOberlin, OH 44074

(440) 775-8108

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$141,341

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 951.6% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

43rd percentile

-0.5%

Faster asset growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

27th percentile

-8.4%

Faster revenue growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$715,714

Down $3,592 (-0.5%) from 2014

Net Assets

Down

$715,714

Down $3,592 (-0.5%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$14,853

Down $1,360 (-8.4%) from 2014

Expenses

Up

$18,445

Up $5,988 (+48%) from 2014

Net Income

Down

-$3,592

Down $7,348 (-196%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $715,550Liabilities 2013: $0Net Assets 2013: $715,5502013Assets 2014: $719,306Liabilities 2014: $0Net Assets 2014: $719,3062014Assets 2015: $715,714Liabilities 2015: $0Net Assets 2015: $715,7142015Assets 2016: $730,670Liabilities 2016: $0Net Assets 2016: $730,6702016Assets 2017: $718,400Liabilities 2017: $0Net Assets 2017: $718,4002017Assets 2020: $702,144Liabilities 2020: $0Net Assets 2020: $702,1442020Assets 2021: $707,554Liabilities 2021: $690Net Assets 2021: $706,8642021Assets 2022: $661,333Liabilities 2022: $885Net Assets 2022: $660,4482022Assets 2024: $668,679Liabilities 2024: $900Net Assets 2024: $667,7792024

Highlighted filing

2015

Assets$715,714
Liabilities$0
Net Assets$715,714

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2013: $10,9162013Revenue 2014: $16,213Expenses 2014: $12,457Net Income 2014: $3,7562014Revenue 2015: $14,853Expenses 2015: $18,445Net Income 2015: -$3,5922015Revenue 2016: $32,359Expenses 2016: $17,403Net Income 2016: $14,9562016Revenue 2017: $9,199Expenses 2017: $21,469Net Income 2017: -$12,2702017Revenue 2020: $13,144Expenses 2020: $12,642Net Income 2020: $5022020Revenue 2021: $7,323Expenses 2021: $2,603Net Income 2021: $4,7202021Revenue 2022: $16,408Expenses 2022: $62,824Net Income 2022: -$46,4162022Revenue 2024: $130,808Expenses 2024: $27,312Net Income 2024: $103,4962024

Highlighted filing

2015

Revenue$14,853
Expenses$18,445
Net Income-$3,592
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 24, 2015
Return Version
2014v5.0
Gross Receipts
$14,853
Mission and Program Overview

Mission

To make oberlin college more financially feasible by offering scholarships to selected students of oberlin college. To loan money to community development financial institutions in order to meet the needs of cooperatives and community-based non-profits. To establish an organization to provide for the educational, social, and cultural enrichment of oberlin, ohio and cooperative communities.

Provide educational assistance to disadvantaged students of oberlin college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$690,174$686,569▼ $3,605
Other Notes and Loans Receivable, Net$24,600$24,600→ $0
Prepaid Expenses and Deferred Charges$4,532$4,545▲ $13
Total Assets$719,306$715,714▼ $3,592
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$719,306$715,714▼ $3,592
Total Net Assets Fund Balance$719,306$715,714▼ $3,592
Total Liabilities and Net Assets / Fund Balance$719,306$715,714▼ $3,592
Compensation and Service Providers

Employees

NameTitleOtherTotal
Iris HuntFinancial Manager$141,341$141,341
Sarah JohnsonTreasurer$1,626$1,626
Sonrisa AlterBoard Chair$1,626$1,626
Sophia PaulSecretary$1,626$1,626

Board Members and Trustees

NameTitle
Lucia KalinoskyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$11,751
Program Service Revenue
$0
Investment Income
$3,102
Other Revenue
$0
All Other Contributions
$5,811
Change in Net Assets
$-3,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,733
Other Expenses$4,712
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$13,733--$13,733
Insurance$3,188--$3,188
Fees for Services Accounting$850--$850
Other Expenses$200--$200
Fees for Services Legal$62--$62
Total Functional Expenses$18,445$0$0$18,445
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The financial manager of the organization reviews the return for completeness and accuracy before filing.

Form 990, Part VI, Section B, Line 12C

The board of directors is made aware of this policy as part of their training. When there is a possibility that something may be construed as a conflict, the board member is asked to disclose it at a board meeting. To date, no conflicts of interest have been identified by the board members.

Form 990, Part VI, Section C, Line 19

The organization will, upon request, provide copies of the governing documents and financial statement to the public.

Filing and Contact Details

Filer

Filer Name
Oberlin Student Cooperative Association
EIN
31-1538724
Phone
4407758108
Address
BOX 86 WILDER HALL, OBERLIN, OH 44074

Signing Officer

Name
Iris Hunt
Title
Financial Manager
Phone
4407758108
Signed
2015-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucia Kalinosky
Formed
1997
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Hobe & Lucas Cpas
Address
4807 ROCKSIDE ROAD 510, INDEPENDENCE, OH 44131
Preparer
William F Wildenheim
Phone
2165248900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

The financial statements reflect only the cooperatives' tax position that meet a more likely than not standard that, based on their technical merits, have a more than 50 percent likelihood of being sustained upon examination. The cooperatives did not recognize any interest or penalties on uncertain tax positions on the balance sheet for the period ending june 30, 2015. The cooperatives' management has determined that no reasonably possible changes will be made over the next 12 months regarding their tax positions. The federal tax returns of the cooperative for tax periods prior to june 30, 2012 are no longer subject to examination by major taxing authorities.

Raw XML Appendix354 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4FINANCIAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/GrantsToOrganizationsInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03102
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt05940
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MAKE OBERLIN COLLEGE MORE FINANCIALLY FEASIBLE BY OFFERING SCHOLARSHIPS TO SELECTED STUDENTS OF OBERLIN COLLEGE. TO LOAN MONEY TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS IN ORDER TO MEET THE NEEDS OF COOPERATIVES AND COMMUNITY-BASED NON-PROFITS. TO ESTABLISH AN ORGANIZATION TO PROVIDE FOR THE EDUCATIONAL, SOCIAL, AND CULTURAL ENRICHMENT OF OBERLIN, OHIO AND COOPERATIVE COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0715714
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEETINGS
IRS990/OtherExpensesGrp/Desc1TAXES - OTHER
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENTS REFLECT ONLY THE COOPERATIVES' TAX POSITION THAT MEET A MORE LIKELY THAN NOT STANDARD THAT, BASED ON THEIR TECHNICAL MERITS, HAVE A MORE THAN 50 PERCENT LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION. THE COOPERATIVES DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ON UNCERTAIN TAX POSITIONS ON THE BALANCE SHEET FOR THE PERIOD ENDING JUNE 30, 2015. THE COOPERATIVES' MANAGEMENT HAS DETERMINED THAT NO REASONABLY POSSIBLE CHANGES WILL BE MADE OVER THE NEXT 12 MONTHS REGARDING THEIR TAX POSITIONS. THE FEDERAL TAX RETURNS OF THE COOPERATIVE FOR TAX PERIODS PRIOR TO JUNE 30, 2012 ARE NO LONGER SUBJECT TO EXAMINATION BY MAJOR TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS ATTENDING OBERLIN COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS FOR STUDENTS ATTENDING LORAIN COUNTY COMMUNITY COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOLARSHIPS FOR STUDENTS WHO VOLUNTEER IN THE COMMUNITY WHILE ATTENDING OBERLIN COLLEGE
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt25
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION AWARDS SCHOLARSHIPS TO SELECTED STUDENTS OF OBERLIN COLLEGE AND LORAIN COUNTY COMMUNITY COLLEGE IN ORDER TO MAKE COLLEGE FINANCIALLY FEASIBLE FOR THEM. QUALIFIED INDIVIDUALS MUST DEMONSTRATE FINANCIAL NEED IN ADDITION TO MEETING ACADEMIC STANDARDS SET BY THE BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL MANAGER OF THE ORGANIZATION REVIEWS THE RETURN FOR COMPLETENESS AND ACCURACY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS MADE AWARE OF THIS POLICY AS PART OF THEIR TRAINING. WHEN THERE IS A POSSIBILITY THAT SOMETHING MAY BE CONSTRUED AS A CONFLICT, THE BOARD MEMBER IS ASKED TO DISCLOSE IT AT A BOARD MEETING. TO DATE, NO CONFLICTS OF INTEREST HAVE BEEN IDENTIFIED BY THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL, UPON REQUEST, PROVIDE COPIES OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENT TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OBERLIN STUDENT COOPERATIVE ASSOCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0340905297
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE HOUSING AND DINING FACILITIES TO COOPERATIVE MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0OBERLIN COLLEGE BOX 86 WILDER HALL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OBERLIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044074
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0719306
IRS990/TotalAssetsEOYAmt0715714
IRS990/TotalAssetsGrp/BOYAmt0719306
IRS990/TotalAssetsGrp/EOYAmt0715714
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011751
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt018445
IRS990/TotalFunctionalExpensesGrp/TotalAmt018445
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0719306
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0715714
IRS990/TotalOtherCompensationAmt049575
IRS990/TotalProgramServiceExpensesAmt018445
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03102
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014853
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0719306
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0715714
IRS990/TotReportableCompRltdOrgAmt096644
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0719306
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0715714
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0BOX 86 WILDER HALL
IRS990/USAddress/CityNm0OBERLIN
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044074
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IRIS HUNT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum04407758108
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OBERLIN STUDENT COOPERATIVE ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OBER
ReturnHeader/Filer/EIN0311538724
ReturnHeader/Filer/PhoneNum04407758108
ReturnHeader/Filer/USAddress/AddressLine1Txt0BOX 86 WILDER HALL
ReturnHeader/Filer/USAddress/CityNm0OBERLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044074
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311488076
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOBE & LUCAS CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04807 ROCKSIDE ROAD 510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDEPENDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044131
ReturnHeader/PreparerPersonGrp/PhoneNum02165248900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM F WILDENHEIM
ReturnHeader/ReturnTs02015-12-21T08:44:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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