Civic Intelligence

Fraternal Order of Eagles 2562

990 • Fiscal year 2019 • EIN 34-0965975

Jun 01, 2018 to May 31, 2019 • Filed on Aug 29, 2019

2301 Detroit AveMaumee, OH 43537

(419) 893-3034

Siviq Scores

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

Liabilities / Assets

49th percentile

0.02x

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

2019 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

43rd percentile

0.03x

Higher debt load relative to revenue than 43% of similar nonprofits.

2019 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2019

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2019 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2019

Asset Growth

2nd percentile

-23%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-8.4%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$537,623

Down $156,568 (-23%) from 2018

Net Assets

Down

$524,608

Down $93,689 (-15%) from 2018

Liabilities

Down

$13,015

Down $62,879 (-83%) from 2018

Revenue

Down

$397,346

Down $36,547 (-8.4%) from 2018

Expenses

Up

$491,035

Up $37,707 (+8.3%) from 2018

Net Income

Down

-$93,689

Down $74,254 (-382%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $648,400Liabilities 2011: $165,852Net Assets 2011: $482,5482011Assets 2012: $637,455Liabilities 2012: $160,332Net Assets 2012: $477,1232012Assets 2013: $637,455Liabilities 2013: $160,332Net Assets 2013: $477,1232013Assets 2014: $637,455Liabilities 2014: $0Net Assets 2014: $637,4552014Assets 2016: $652,936Liabilities 2016: $0Net Assets 2016: $652,9362016Assets 2017: $645,850Liabilities 2017: $8,118Net Assets 2017: $637,7322017Assets 2018: $694,191Liabilities 2018: $75,894Net Assets 2018: $618,2972018Assets 2019: $537,623Liabilities 2019: $13,015Net Assets 2019: $524,6082019Assets 2021: $492,454Liabilities 2021: $14,787Net Assets 2021: $477,6672021Assets 2022: $446,194Liabilities 2022: $3,545Net Assets 2022: $442,6492022Assets 2023: $350,273Liabilities 2023: $0Net Assets 2023: $350,2732023

Highlighted filing

2019

Assets$537,623
Liabilities$13,015
Net Assets$524,608

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $318,3372011Expenses 2012: $323,4012012Expenses 2013: $401,0162013Revenue 2014: $387,479Expenses 2014: $340,654Net Income 2014: $46,8252014Revenue 2016: $327,915Expenses 2016: $368,328Net Income 2016: -$40,4132016Revenue 2017: $315,286Expenses 2017: $343,482Net Income 2017: -$28,1962017Revenue 2018: $433,893Expenses 2018: $453,328Net Income 2018: -$19,4352018Revenue 2019: $397,346Expenses 2019: $491,035Net Income 2019: -$93,6892019Revenue 2021: $222,194Expenses 2021: $257,531Net Income 2021: -$35,3372021Revenue 2022: $303,289Expenses 2022: $339,174Net Income 2022: -$35,8852022Revenue 2023: $234,808Expenses 2023: $263,440Net Income 2023: -$28,6322023

Highlighted filing

2019

Revenue$397,346
Expenses$491,035
Net Income-$93,689
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Aug 29, 2019
Return Version
2018v3.1
Gross Receipts
$397,346
Mission and Program Overview

Mission

Fraternal organization engaged in activities to help people in the community for fundraising, socialization and other legal methods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$618,297$524,608▼ $93,689
Land, Buildings, and Equipment, Net$584,578$449,425▼ $135,153
Cash and Non-Interest-Bearing Accounts$105,377$83,962▼ $21,415
Inventories for Sale or Use$4,236$4,236→ $0
Total Assets$694,191$537,623▼ $156,568
Liabilities
Other Liabilities$63,404--
Unsecured Notes Loans Payable$8,118$7,957▼ $161
Accounts Payable and Accrued Expenses$4,372$5,058▲ $686
Total Liabilities$75,894$13,015▼ $62,879
Net Assets / Fund Balance
Total Net Assets Fund Balance$618,297$524,608▼ $93,689
Total Liabilities and Net Assets / Fund Balance$694,191$537,623▼ $156,568

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$49,204$185,796-
Land$10,000--
Equipment$14,637--
Leasehold Improvements$375,584--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James JakubowskiSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$47,375
Program Service Revenue
$349,971
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-93,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,863
Salaries, Compensation, and Employee Benefits$45,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$93,606-$93,606
Other Expenses$6,075$41,754-$41,754
Other Salaries and Wages$40,862--$40,862
Depreciation Depletion$22,203--$22,203
All Other Expenses-$11,224-$11,224
Insurance$5,575--$5,575
Payroll Taxes$4,310--$4,310
Advertising$2,925--$2,925
Fees for Services Accounting$2,400--$2,400
Office Expenses$2,090--$2,090
Total Functional Expenses$344,451$146,584$0$491,035
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Organizational document changes Part VI line 4

The bylaws were changed to show that the trustee board would be composed of 3 members. Previously the trustee board was 5 members.

Members or stockholder classes and rights Part VI line 6

Organization consists of members with voting rights.

Governing body decisions Part VI line 7B

All governing body decisions are voted on by the board, members, and grand aerie.

Committee meeting documentation Part VI line 8B

All meeting minutes are posted for members review and available to public upon request.

Form 990 governing body review Part VI line 11

NO REVIEW WAS CONDUCTED.

Governing documents etc available to public Part VI line 19

Documents available to the public.

Filing and Contact Details

Filer

Filer Name
Fraternal Order of Eagles 2562
EIN
34-0965975
Address
2301 DETROIT AVE, MAUMEE, OH 43537
Doing Business As
2562 Aerie

Signing Officer

Name
James JAKUBOWSKI
Title
Financial Sec
Phone
4198933034
Signed
2019-08-29
Discuss with paid preparer
Yes

Organization Details

Formed
1946
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
200

Preparer

Firm
Advanced Accounting Tax & Financial
Address
8336 MONROE STE 101, Lambertville, MI 48144
Preparer
Shanyn Stewart Ea
Phone
7348565698
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990t is no longer required and schedule e is no longer required as the organization disposed of the properties in previous years. The sale was recorded however the irs is still showing a schedule e required.

Raw XML Appendix300 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/AdvertisingGrp/ProgramServicesAmt02925
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IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0397346
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
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IRS990/LoanOutstandingInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0618297
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt093606
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IRS990/OfficeExpensesGrp/TotalAmt02090
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LICENSES AND DUES
IRS990/OtherExpensesGrp/Desc1BUFFET KITCHEN AND RELATED
IRS990/OtherExpensesGrp/Desc2BANK SERVICE FEES
IRS990/OtherExpensesGrp/Desc3SALES TAX AND OTHER TAX
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041754
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IRS990/OtherExpensesGrp/TotalAmt341754
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IRS990/OtherSalariesAndWagesGrp/TotalAmt040862
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04310
IRS990/PayrollTaxesGrp/TotalAmt04310
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
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IRS990/ProgramServiceRevenueGrp/Desc0BINGO
IRS990/ProgramServiceRevenueGrp/Desc1BUFFET
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016448
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt050651
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IRS990/ReconcilationRevenueExpnssAmt0-93689
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BYLAWS WERE CHANGED TO SHOW THAT THE TRUSTEE BOARD WOULD BE COMPOSED OF 3 MEMBERS. PREVIOUSLY THE TRUSTEE BOARD WAS 5 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION CONSISTS OF MEMBERS WITH VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING BODY DECISIONS ARE VOTED ON BY THE BOARD, MEMBERS, AND GRAND AERIE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEETING MINUTES ARE POSTED FOR MEMBERS REVIEW AND AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990T IS NO LONGER REQUIRED AND SCHEDULE E IS NO LONGER REQUIRED AS THE ORGANIZATION DISPOSED OF THE PROPERTIES IN PREVIOUS YEARS. THE SALE WAS RECORDED HOWEVER THE IRS IS STILL SHOWING A SCHEDULE E REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0James JAKUBOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL SEC
ReturnHeader/BusinessOfficerGrp/PhoneNum04198933034
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ReturnHeader/Filer/BusinessNameControlTxt0FRAT
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ReturnHeader/FilingSecurityInformation/IPDt02019-10-07
ReturnHeader/FilingSecurityInformation/IPTm014:12:44
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08336 MONROE STE 101
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048144
ReturnHeader/PreparerPersonGrp/PhoneNum07348565698
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANYN STEWART EA
ReturnHeader/ReturnTs02019-10-07T14:12:13-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

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