Civic Intelligence

Triangular Processing Inc.

990 • Fiscal year 2015 • EIN 34-1856983

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 08, 2016

550 WeWauseon, OH 43567

(419) 337-4575

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

66th percentile

12%

Higher net margin than 66% 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

62nd percentile

9.8%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

62nd percentile

9.1%

Faster revenue growth than 62% of similar nonprofits.

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

Assets

Up

$380,292

Up $33,962 (+9.8%) from 2014

Net Assets

Up

$376,759

Up $40,666 (+12%) from 2014

Liabilities

Down

$3,533

Down $6,704 (-65%) from 2014

Revenue

Up

$426,244

Up $35,686 (+9.1%) from 2014

Expenses

Up

$376,746

Up $11,979 (+3.3%) from 2014

Net Income

Up

$49,498

Up $23,707 (+92%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $173,071Liabilities 2010: $4,960Net Assets 2010: $168,1112010Assets 2011: $303,947Liabilities 2011: $5,773Net Assets 2011: $298,1742011Assets 2012: $315,287Liabilities 2012: $6,945Net Assets 2012: $308,3422012Assets 2013: $319,438Liabilities 2013: $9,136Net Assets 2013: $310,3022013Assets 2014: $346,330Liabilities 2014: $10,237Net Assets 2014: $336,0932014Assets 2015: $380,292Liabilities 2015: $3,533Net Assets 2015: $376,7592015Assets 2016: $748,151Liabilities 2016: $10,421Net Assets 2016: $737,7302016Assets 2017: $636,050Liabilities 2017: $14,287Net Assets 2017: $621,7632017Assets 2018: $678,105Liabilities 2018: $17,074Net Assets 2018: $661,0312018Assets 2019: $784,642Liabilities 2019: $26,900Net Assets 2019: $757,7422019Assets 2020: $1,405,196Liabilities 2020: $289,741Net Assets 2020: $1,115,4552020Assets 2021: $1,802,967Liabilities 2021: $68,661Net Assets 2021: $1,734,3062021Assets 2022: $2,323,036Liabilities 2022: $70,977Net Assets 2022: $2,252,0592022Assets 2023: $2,327,540Liabilities 2023: $162,679Net Assets 2023: $2,164,8612023Assets 2024: $3,391,359Liabilities 2024: $138,511Net Assets 2024: $3,252,8482024

Highlighted filing

2015

Assets$380,292
Liabilities$3,533
Net Assets$376,759

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $218,2412010Expenses 2011: $266,4862011Expenses 2012: $355,7122012Revenue 2013: $395,339Expenses 2013: $393,379Net Income 2013: $1,9602013Revenue 2014: $390,558Expenses 2014: $364,767Net Income 2014: $25,7912014Revenue 2015: $426,244Expenses 2015: $376,746Net Income 2015: $49,4982015Revenue 2016: $1,477,441Expenses 2016: $1,116,468Net Income 2016: $360,9732016Revenue 2017: $1,589,597Expenses 2017: $1,705,564Net Income 2017: -$115,9672017Revenue 2018: $1,796,961Expenses 2018: $1,757,693Net Income 2018: $39,2682018Revenue 2019: $1,990,196Expenses 2019: $1,893,485Net Income 2019: $96,7112019Revenue 2020: $2,040,274Expenses 2020: $1,682,561Net Income 2020: $357,7132020Revenue 2021: $2,597,539Expenses 2021: $1,978,688Net Income 2021: $618,8512021Revenue 2022: $3,106,692Expenses 2022: $2,668,212Net Income 2022: $438,4802022Revenue 2023: $3,085,783Expenses 2023: $3,172,981Net Income 2023: -$87,1982023Revenue 2024: $4,412,950Expenses 2024: $3,324,963Net Income 2024: $1,087,9872024

Highlighted filing

2015

Revenue$426,244
Expenses$376,746
Net Income$49,498
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 8, 2016
Return Version
2015v2.1
Gross Receipts
$426,244
Mission and Program Overview

Mission

Employment services to the disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$237,308$291,008▲ $53,700
Land, Buildings, and Equipment, Net$109,022$79,384▼ $29,638
Prepaid Expenses and Deferred Charges-$7,399-
Accounts Receivable-$2,501-
Total Assets$346,330$380,292▲ $33,962
Liabilities
Other Liabilities$10,237$3,533▼ $6,704
Total Liabilities$10,237$3,533▼ $6,704
Net Assets / Fund Balance
Unrestricted Net Assets$336,093$376,759▲ $40,666
Total Net Assets Fund Balance$336,093$376,759▲ $40,666
Total Liabilities and Net Assets / Fund Balance$346,330$380,292▲ $33,962

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$69,154$201,434$270,588
Leasehold Improvements$10,230$363$10,593
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve WebsterPresident
Chuck LawrenceTrustee
Floyd FranksTrustee
Tom MolitiernoTrustee
Vicki ChristensonTrustee
Vicki ErnstTrustee
Paul ZumfeldeVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10
Program Service Revenue
$426,161
Investment Income
$73
Other Revenue
$0
All Other Contributions
$10
Change in Net Assets
$49,498

Audited Revenue Reconciliation

Revenue per Audited Statements
$426,244
Revenue Not Reported on Form 990
$309,859
Total Revenue per Audited Statements
$736,103
Total Revenue per Form 990
$426,244
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,896
Other Expenses$131,850
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$227,560--$227,560
Depreciation Depletion-$38,126-$38,126
Payroll Taxes$17,336--$17,336
Travel$15,317--$15,317
All Other Expenses$3,762$9,493-$13,255
Occupancy$8,152--$8,152
Fees for Services Accounting-$8,120-$8,120
Other Expenses$5,732$8,552-$5,732
Advertising-$422-$422
Total Functional Expenses$312,033$64,713$0$376,746

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$686,605
Expenses per Audited Statements$376,746
Total Expenses per Form 990$376,746
Expenses Not Reported on Form 990$309,859
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$1,977
Payroll Taxes Withheld$1,556
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board reviews return prior to filing.

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

Board members disclose conflicts, if any, at quarterly meetings.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Triangular Processing Inc
EIN
34-1856983
Phone
4193374575
Address
550 WE, WAUSEON, OH 43567

Signing Officer

Name
Steve Webster
Title
President
Phone
4193374575
Signed
2016-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Webster
Formed
1997
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
80
Volunteers
7

Preparer

Firm
Shultz Huber & Associates Inc
Address
105 STRYKER ST, ARCHBOLD, OH 43502-1140
Preparer
Robin K Brinegar CPA
Phone
4194452000
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members volunteer time at quarterly meetings.

Form 990, Part XI, Line 9

Change in accounting method -8,832 total -8,832

Form 990, Page 12, Part XII, Line 1

On january 1, 2015, triangular processing, inc. Changed its method of reporting from the modified cash basis to accrual basis. Management believes the accrual basis of accounting is a more accurate reflection of each year's operating results. As a result, the cumulative effect of the change on unrestricted net assets at january 1, 2015 was a decrease of 8,832.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes as a non-profit corporation under section 501(c)(3) of the internal revenue code and, accordingly, no provision for federal income taxes has been made in the accompanying financial statements. The organization has determined that there are no uncertain tax positions that require disclosure in these financial statements as required by accounting principles generally accepted in the united states of america. The tax years 2012 through 2015 are subject to possible examination by the internal revenue service. As a result of this evaluation, the organization has not made and does not anticipate any adjustments would result in a material change to its financial position. The organization's tax returns for years prior to 2012 are no longer subject to examination by federal income tax authorities.

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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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IRS990ScheduleD/EquipmentGrp/BookValueAmt069154
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0201434
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0270588
IRS990ScheduleD/ExpensesNotReportedAmt0309859
IRS990ScheduleD/ExpensesSubtotalAmt0376746
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010230
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0363
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES WITHHELD
IRS990ScheduleD/RevenueNotReportedAmt0309859
IRS990ScheduleD/RevenueSubtotalAmt0426244
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NON-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE IN THESE FINANCIAL STATEMENTS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE TAX YEARS 2012 THROUGH 2015 ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. AS A RESULT OF THIS EVALUATION, THE ORGANIZATION HAS NOT MADE AND DOES NOT ANTICIPATE ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL CHANGE TO ITS FINANCIAL POSITION. THE ORGANIZATION'S TAX RETURNS FOR YEARS PRIOR TO 2012 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt079384
IRS990ScheduleD/TotalExpensesPerForm990Amt0376746
IRS990ScheduleD/TotalLiabilityAmt03533
IRS990ScheduleD/TotalRevenuePerForm990Amt0426244
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0736103
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0686605
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS VOLUNTEER TIME AT QUARTERLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS DISCLOSE CONFLICTS, IF ANY, AT QUARTERLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN ACCOUNTING METHOD -8,832 TOTAL -8,832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON JANUARY 1, 2015, TRIANGULAR PROCESSING, INC. CHANGED ITS METHOD OF REPORTING FROM THE MODIFIED CASH BASIS TO ACCRUAL BASIS. MANAGEMENT BELIEVES THE ACCRUAL BASIS OF ACCOUNTING IS A MORE ACCURATE REFLECTION OF EACH YEAR'S OPERATING RESULTS. AS A RESULT, THE CUMULATIVE EFFECT OF THE CHANGE ON UNRESTRICTED NET ASSETS AT JANUARY 1, 2015 WAS A DECREASE OF 8,832.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 1
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0346330
IRS990/TotalAssetsEOYAmt0380292
IRS990/TotalAssetsGrp/BOYAmt0346330
IRS990/TotalAssetsGrp/EOYAmt0380292
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010
IRS990/TotalEmployeeCnt080
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064713
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0312033
IRS990/TotalFunctionalExpensesGrp/TotalAmt0376746
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010237
IRS990/TotalLiabilitiesEOYAmt03533
IRS990/TotalLiabilitiesGrp/BOYAmt010237
IRS990/TotalLiabilitiesGrp/EOYAmt03533
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0336093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0376759
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt012139
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt012139
IRS990/TotalProgramServiceExpensesAmt0312033
IRS990/TotalProgramServiceRevenueAmt0426161
IRS990/TotalRevenueGrp/ExclusionAmt073
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0426161
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426244
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0346330
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0380292
IRS990/TravelGrp/ProgramServicesAmt015317
IRS990/TravelGrp/TotalAmt015317
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0336093
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0376759
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0670 HEMLOCK
IRS990/USAddress/CityNm0WAUSEON
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043567
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.TRIANGULARPROCESSING.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE WEBSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04193374575
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGULAR PROCESSING INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0341856983
ReturnHeader/Filer/PhoneNum04193374575
ReturnHeader/Filer/USAddress/AddressLine1Txt0550 WE
ReturnHeader/Filer/USAddress/CityNm0WAUSEON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043567
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341769212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHULTZ HUBER & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 STRYKER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARCHBOLD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0435021140
ReturnHeader/PreparerPersonGrp/PhoneNum04194452000
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBIN K BRINEGAR CPA
ReturnHeader/ReturnTs02016-08-08T14:24:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.14$3.25$4.41$3.32$1.09
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.16$2.16$3.09$3.17$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.32$0.07$2.25$3.11$2.67$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.07$1.73$2.60$1.98$0.62
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.29$1.12$2.04$1.68$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.03$0.76$1.99$1.89$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$1.80$1.76$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.62$1.59$1.71$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.74$1.48$1.12$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.43$0.38$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$0.39$0.36$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.40$0.39$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.01$0.31$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.01$0.30$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.22