Civic Intelligence

Port of Lorain Foundation Inc Co Edward Baker

990EZ • Fiscal year 2015 • EIN 34-1637274

Jan 01, 2015 to Dec 31, 2015 • Filed on May 06, 2016

197 North Leavitt RoadAmherst, OH 44001

(440) 326-1968

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

63rd percentile

9.5%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

91st percentile

98%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

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

Assets

Up

$21,819

Up $10,774 (+98%) from 2014

Net Assets

Up

$21,819

Up $10,774 (+98%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$112,922

Up $10,867 (+11%) from 2014

Expenses

Up

$102,148

Up $5,015 (+5.2%) from 2014

Net Income

Up

$10,774

Up $5,852 (+119%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $48,746Liabilities 2010: $0Net Assets 2010: $48,7462010Assets 2011: $21,935Liabilities 2011: $0Net Assets 2011: $21,9352011Assets 2012: $11,210Liabilities 2012: $0Net Assets 2012: $11,2102012Assets 2013: $6,123Liabilities 2013: $0Net Assets 2013: $6,1232013Assets 2014: $11,045Liabilities 2014: $0Net Assets 2014: $11,0452014Assets 2015: $21,819Liabilities 2015: $0Net Assets 2015: $21,8192015Assets 2019: $53,298Net Assets 2019: $53,2982019Assets 2020: $72,727Net Assets 2020: $72,7272020Assets 2021: $113,773Net Assets 2021: $113,7732021Assets 2022: $143,684Net Assets 2022: $143,6842022Assets 2023: $144,876Net Assets 2023: $144,8762023Assets 2024: $236,330Liabilities 2024: $311Net Assets 2024: $236,0192024

Highlighted filing

2015

Assets$21,819
Liabilities$0
Net Assets$21,819

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $23,395Expenses 2010: $16,468Net Income 2010: $6,9272010Revenue 2011: $5,866Expenses 2011: $32,677Net Income 2011: -$26,8112011Revenue 2012: $7,963Expenses 2012: $18,688Net Income 2012: -$10,7252012Revenue 2013: $22,776Expenses 2013: $27,863Net Income 2013: -$5,0872013Revenue 2014: $102,055Expenses 2014: $97,133Net Income 2014: $4,9222014Revenue 2015: $112,922Expenses 2015: $102,148Net Income 2015: $10,7742015Revenue 2019: $41,543Expenses 2019: $27,444Net Income 2019: $14,0992019Revenue 2020: $40,104Expenses 2020: $20,675Net Income 2020: $19,4292020Revenue 2021: $92,894Expenses 2021: $51,848Net Income 2021: $41,0462021Revenue 2022: $126,190Expenses 2022: $96,279Net Income 2022: $29,9112022Revenue 2023: $55,240Expenses 2023: $54,048Net Income 2023: $1,1922023Revenue 2024: $145,217Expenses 2024: $54,074Net Income 2024: $91,1432024

Highlighted filing

2015

Revenue$112,922
Expenses$102,148
Net Income$10,774
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 6, 2016
Return Version
2015v2.1
Gross Receipts
$114,902
Mission and Program Overview

Mission

Restore and maintain lorain lighthouse

Restore/maintain lorain lighthouse

Program Services

DescriptionGrantsExpenses
PROFESSIONAL SERVICES & LIGHTHOUSE RESTORATION$60,199$89,418
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW LUCATrustee-$0--
FRANK SIPKOVSKYTrustee-$0--
THOMAS BOYERVice President-$0--
EDWARD BAKERPresident/Treasurer-$0--
JOE LUCASTrustee-$0--
ALLAN POLLOCKTrustee-$0--
MATT DEMPSEYTrustee-$0--
STEVEN G LUCAChairman-$0--
Filing and Contact Details

Filer

Filer Name
Port of Lorain Foundation Inc
EIN
34-1637274
Phone
4403261968
Address
197 NORTH LEAVITT ROAD, AMHERST, OH 44001

Signing Officer

Name
Edward Baker
Title
President
Phone
4403261968
Signed
2016-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Walthall Llp
Address
197 NORTH LEAVITT ROAD, AMHERST, OH 44001-1110
Preparer
Daniel B Holben CPA
Phone
4409842441
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 36. Description: other expenses. Amount: 89,228. Total to form 990-ez, line 14: 89,264.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 10,744. Description: miscellaneous. Amount: 499. Description: website expense. Amount: 991. Total to form 990-ez, line 16: 12,234.

Raw XML Appendix179 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW LUCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FRANK SIPKOVSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS BOYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD BAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOE LUCAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALLAN POLLOCK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7CHAIRMAN
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PrimaryExemptPurposeTxt0RESTORE/MAINTAIN LORAIN LIGHTHOUSE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROFESSIONAL SERVICES & LIGHTHOUSE RESTORATION
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0104781
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0770
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IRS990ScheduleA/TotalSupportAmt0218605
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 36. DESCRIPTION: OTHER EXPENSES. AMOUNT: 89,228. TOTAL TO FORM 990-EZ, LINE 14: 89,264.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 10,744. DESCRIPTION: MISCELLANEOUS. AMOUNT: 499. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 991. TOTAL TO FORM 990-EZ, LINE 16: 12,234.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD BAKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04403261968
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORT OF LORAIN FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O EDWARD BAKER
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0341637274
ReturnHeader/Filer/PhoneNum04403261968
ReturnHeader/Filer/USAddress/AddressLine1Txt0197 NORTH LEAVITT ROAD
ReturnHeader/Filer/USAddress/CityNm0AMHERST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0340644631
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALTHALL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0197 NORTH LEAVITT ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMHERST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0440011110
ReturnHeader/PreparerPersonGrp/PhoneNum04409842441
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL B HOLBEN CPA
ReturnHeader/ReturnTs02016-05-11T10:46:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings