Civic Intelligence

Ulead Inc.

990PF • Fiscal year 2020 • EIN 35-2049624

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

212 S Main St Ste 2Goshen, IN 46526

(574) 696-1085

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.14x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Source year 2020

Net Margin

23rd percentile

-14%

Higher net margin than 23% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$87,459

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

2020 filings • $5M-$10M nonprofits • Source year 2020

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

5.4%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,371,176

Up $512,865 (+11%) from 2019

Net Assets

Up

$5,316,828

Up $491,517 (+10%) from 2019

Liabilities

Up

$54,348

Up $21,348 (+65%) from 2019

Revenue

Up

$386,063

Up $19,897 (+5.4%) from 2019

Expenses

Down

$441,758

Down $24,879 (-5.3%) from 2019

Net Income

Up

-$55,695

Up $44,776 (+45%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,446,127Liabilities 2010: $1,458Net Assets 2010: $5,444,6692010Assets 2012: $5,413,661Liabilities 2012: $1,882Net Assets 2012: $5,411,7792012Assets 2013: $5,699,827Liabilities 2013: $1,189Net Assets 2013: $5,698,6382013Assets 2014: $5,864,024Liabilities 2014: $7,100Net Assets 2014: $5,856,9242014Assets 2015: $4,430,462Liabilities 2015: $11,459Net Assets 2015: $4,419,0032015Assets 2016: $4,494,896Liabilities 2016: $11,677Net Assets 2016: $4,483,2192016Assets 2017: $4,897,574Liabilities 2017: $20,500Net Assets 2017: $4,877,0742017Assets 2018: $4,544,707Liabilities 2018: $31,999Net Assets 2018: $4,512,7082018Assets 2019: $4,858,311Liabilities 2019: $33,000Net Assets 2019: $4,825,3112019Assets 2020: $5,371,176Liabilities 2020: $54,348Net Assets 2020: $5,316,8282020Assets 2021: $5,922,523Liabilities 2021: $56,823Net Assets 2021: $5,865,7002021Assets 2022: $4,964,456Liabilities 2022: $133,790Net Assets 2022: $4,830,6662022Assets 2023: $5,151,023Liabilities 2023: $85,354Net Assets 2023: $5,065,6692023Assets 2024: $5,386,121Liabilities 2024: $115,186Net Assets 2024: $5,270,9352024

Highlighted filing

2020

Assets$5,371,176
Liabilities$54,348
Net Assets$5,316,828

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $319,9332010Expenses 2012: $331,7102012Revenue 2013: $253,467Expenses 2013: $322,515Net Income 2013: -$69,0482013Revenue 2014: $451,124Expenses 2014: $428,223Net Income 2014: $22,9012014Revenue 2015: $213,761Expenses 2015: $1,419,973Net Income 2015: -$1,206,2122015Revenue 2016: $171,155Expenses 2016: $359,624Net Income 2016: -$188,4692016Revenue 2017: $263,666Expenses 2017: $420,975Net Income 2017: -$157,3092017Revenue 2018: $389,232Expenses 2018: $450,152Net Income 2018: -$60,9202018Revenue 2019: $366,166Expenses 2019: $466,637Net Income 2019: -$100,4712019Revenue 2020: $386,063Expenses 2020: $441,758Net Income 2020: -$55,6952020Revenue 2021: $502,573Expenses 2021: $568,573Net Income 2021: -$66,0002021Revenue 2022: $477,120Expenses 2022: $589,059Net Income 2022: -$111,9392022Revenue 2023: $502,931Expenses 2023: $703,791Net Income 2023: -$200,8602023Revenue 2024: $583,135Expenses 2024: $714,867Net Income 2024: -$131,7322024

Highlighted filing

2020

Revenue$386,063
Expenses$441,758
Net Income-$55,695
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RITCH HOCHSTETLERPresident/CeFT$87,459-$87,459
CHRIS GOODTreasurer-$0--
JOSH FINCHChairperson-$0--
KRISTINA CERLINGDirector-$0--
CRYSTAL J DAVISDirector-$0--
ZACHARY GILLISDirector-$0--
KIM NGUYENDirector-$0--
JACOB PALCICDirector-$0--
JASON BARAHONADirector-$0--
GABRIELLA KLOPFENSTEINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ulead Inc
EIN
35-2049624
Phone
5746961085
Address
212 S MAIN ST STE 2, GOSHEN, IN 46526

Signing Officer

Name
Ritch Hochstetler
Title
President/CEO
Phone
5746961085
Signed
2021-05-14
Discuss with paid preparer
Yes

Preparer

Firm
David Culp & Co Llp
Address
120 S 2ND STREET, GOSHEN, IN 46526
Preparer
William E Miller CPA
Phone
5745334540
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt05121866
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0BENEFICIAL INT. IN COMMUNITY FOUN.
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/RelatedOrExemptFunctionIncmAmt0101938
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt069193
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0PPP LOAN FORGIVENESS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt042000
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd01
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/Desc0LEADERSHIP PROGRAM
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/RelatedOrExemptFunctionIncmAmt092633
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt042000
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt0263764
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0305764
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt02700
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt02700
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt0223775
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt069193
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt087459
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt080299
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt010202
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt0101938
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0101938
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0101938
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-55695
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt069193
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt069193
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0157485
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt015609
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt015609
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0186918
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0186918
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt012796
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt042142
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt054938
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0134633
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0134633
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt01838
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt011457
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt013295
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt065712
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt065712
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt0832
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt02189
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt03021
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0236571
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt012796
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0317655
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt013646
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0441758
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0171131
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0386063
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt012796
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0317655
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt013646
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0441758
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt01904
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt01904
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt069193
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-55695
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt0547212
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt05316828
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt04825311
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt05316828
IRS990PF/DistributableAmountGrp/Sect4942j3j5FndtnAndFrgnOrgInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt02011
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt04200
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt02189
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt02011
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt02189
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt02189
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt04200
IRS990PF/FMVAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableBOYAmt020225
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt028541
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt06341
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblBOYAmt016777
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt06341
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt024504
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0153927
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt04723909
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt05121866
IRS990PF/Form990PFBalanceSheetsGrp/DeferredRevenueBOYAmt06447
IRS990PF/Form990PFBalanceSheetsGrp/DeferredRevenueEOYAmt013722
IRS990PF/Form990PFBalanceSheetsGrp/InventoriesBOYAmt05700
IRS990PF/Form990PFBalanceSheetsGrp/InventoriesEOYAmt03885
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt053408
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt077480
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt027264
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt024072
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0157
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt06328
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt012085
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesBOYAmt02398
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesEOYAmt03455
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt04825311
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt05316828
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt057602
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt057630
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt04858311
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt05371176
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt033000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt054348
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt04858311
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt05371176
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt04825311
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt05316828
IRS990PF/MethodOfAccountingAccrualInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt05114744
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0146831
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt04922888
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt076721
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt045025
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0251901
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt05038023
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt05114744
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt487459
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt50
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt60
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt70
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt80

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.39$0.12$5.27$0.58$0.71$0.13
2023Detailed filing. Detailed filing data is available for this year.$5.15$0.09$5.07$0.50$0.70$0.20
2022Detailed filing. Detailed filing data is available for this year.$4.96$0.13$4.83$0.48$0.59$0.11
2021Detailed filing. Detailed filing data is available for this year.$5.92$0.06$5.87$0.50$0.57$0.07
2020Detailed filing. Detailed filing data is available for this year.$5.37$0.05$5.32$0.39$0.44$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.86$0.03$4.83$0.37$0.47$0.10
2018Detailed filing. Detailed filing data is available for this year.$4.54$0.03$4.51$0.39$0.45$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.90$0.02$4.88$0.26$0.42$0.16
2016Detailed filing. Detailed filing data is available for this year.$4.49$0.01$4.48$0.17$0.36$0.19
2015Detailed filing. Detailed filing data is available for this year.$4.43$0.01$4.42$0.21$1.42$1.21
2014Detailed filing. Detailed filing data is available for this year.$5.86$0.01$5.86$0.45$0.43$0.02
2013Detailed filing. Detailed filing data is available for this year.$5.70$0.00$5.70$0.25$0.32$0.07
2012Detailed filing. Detailed filing data is available for this year.$5.41$0.00$5.41$0.33
2010Detailed filing. Detailed filing data is available for this year.$5.45$0.00$5.44$0.32