Civic Intelligence

Linc Inc.

990 • Fiscal year 2019 • EIN 37-1256881

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 13, 2019

15 Emerald TerraceSwansea, IL 62226

(618) 235-9988

Siviq Scores

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

Liabilities / Assets

70th percentile

0.16x

Higher debt load relative to assets than 70% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.07x

Higher debt load relative to revenue than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$55,738

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

60th percentile

7.5%

Faster asset growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

6.7%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$345,447

Up $18,674 (+5.7%) from 2017

Net Assets

Up

$290,695

Up $13,369 (+4.8%) from 2017

Liabilities

Up

$54,752

Up $5,305 (+11%) from 2017

Revenue

Up

$758,499

Up $81,459 (+12%) from 2017

Expenses

Up

$740,744

Up $76,565 (+12%) from 2017

Net Income

Up

$17,755

Up $4,894 (+38%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $267,740Liabilities 2011: $45,715Net Assets 2011: $222,0252011Assets 2012: $282,248Liabilities 2012: $38,627Net Assets 2012: $243,6212012Assets 2013: $235,257Liabilities 2013: $23,729Net Assets 2013: $211,5282013Assets 2014: $263,330Liabilities 2014: $56,784Net Assets 2014: $206,5462014Assets 2016: $301,344Liabilities 2016: $36,880Net Assets 2016: $264,4642016Assets 2017: $326,773Liabilities 2017: $49,447Net Assets 2017: $277,3262017Assets 2019: $345,447Liabilities 2019: $54,752Net Assets 2019: $290,6952019Assets 2020: $371,795Liabilities 2020: $54,867Net Assets 2020: $316,9282020Assets 2021: $356,792Liabilities 2021: $60,645Net Assets 2021: $296,1472021Assets 2022: $357,149Liabilities 2022: $37,781Net Assets 2022: $319,3682022Assets 2023: $273,910Liabilities 2023: $68,572Net Assets 2023: $205,3382023Assets 2024: $274,140Liabilities 2024: $95,732Net Assets 2024: $178,4082024

Highlighted filing

2019

Assets$345,447
Liabilities$54,752
Net Assets$290,695

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $656,6012011Expenses 2012: $669,5892012Expenses 2013: $656,0452013Revenue 2014: $697,903Expenses 2014: $682,684Net Income 2014: $15,2192014Revenue 2016: $623,507Expenses 2016: $597,371Net Income 2016: $26,1362016Revenue 2017: $677,040Expenses 2017: $664,179Net Income 2017: $12,8612017Revenue 2019: $758,499Expenses 2019: $740,744Net Income 2019: $17,7552019Revenue 2020: $870,369Expenses 2020: $844,136Net Income 2020: $26,2332020Revenue 2021: $796,380Expenses 2021: $817,161Net Income 2021: -$20,7812021Revenue 2022: $751,555Expenses 2022: $728,334Net Income 2022: $23,2212022Revenue 2023: $558,471Expenses 2023: $656,334Net Income 2023: -$97,8632023Revenue 2024: $614,706Expenses 2024: $641,636Net Income 2024: -$26,9302024

Highlighted filing

2019

Revenue$758,499
Expenses$740,744
Net Income$17,755
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 13, 2019
Return Version
2018v3.1
Gross Receipts
$758,499
Mission and Program Overview

Mission

To empower persons with disabilities to live independtly and to promote accessibility and inclusion in all areas of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,993$219,413▲ $167,420
Pledges and Grants Receivable$243,687$103,514▼ $140,173
Prepaid Expenses and Deferred Charges$16,730$18,799▲ $2,069
Land, Buildings, and Equipment, Net$9,065$2,871▼ $6,194
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$321,475$345,447▲ $23,972
Other Assets Total-$850-
Liabilities
Accounts Payable and Accrued Expenses$26,024$31,085▲ $5,061
Other Liabilities$22,511$23,667▲ $1,156
Total Liabilities$48,535$54,752▲ $6,217
Net Assets / Fund Balance
Unrestricted Net Assets$271,284$287,253▲ $15,969
Temporarily Rstr Net Assets$1,656$3,442▲ $1,786
Total Net Assets Fund Balance$272,940$290,695▲ $17,755
Total Liabilities and Net Assets / Fund Balance$321,475$345,447▲ $23,972

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,657$67,875$70,532
Leasehold Improvements$214$4,064$4,278
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynn JarmanExecutive DirectorFT$55,738$55,738

Board Members and Trustees

NameTitle
Linda ConleyPresident
Jim MorganVice President
Bradford Lee LewisDirector
Dan SegristDirector
Ernest WrightDirector
John AldredgeDirector
Mary Jo WeirDirector
Patricia McwilliamsDirector
Peter DodgeDirector
Tiffany AndersonDirector
Tony HillDirector
Julie WakefieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$706,230
Program Service Revenue
$43,087
Investment Income
$10
Other Revenue
$9,172
All Other Contributions
$11,989
Change in Net Assets
$17,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$758,499
Total Revenue per Audited Statements
$758,499
Total Revenue per Form 990
$758,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$507,927
Other Expenses$232,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$335,521$59,333-$394,854
Other Employee Benefits$42,041$15,294-$57,335
Current Officers, Directors, Trustees, and Key Employees-$55,738-$55,738
Occupancy$47,031$4,211-$51,242
Fees for Services Other$27,861$12,845-$40,706
Travel$14,776$3,892-$18,668
Other Expenses$9,963$1,032-$10,995
Insurance-$10,101-$10,101
All Other Expenses$6,386$2,971-$9,357
Depreciation Depletion-$7,232-$7,232
Total Functional Expenses$554,846$185,898$0$740,744

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$740,744
Total Expenses per Audited Statements$740,744
Total Expenses per Form 990$740,744
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Compensated Absences$23,667
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed by the ceo, it is available for for board member who wants to review.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Linc Inc
EIN
37-1256881
Phone
6182359988
Address
15 EMERALD TERRACE, SWANSEA, IL 62226

Signing Officer

Name
Lynn Hatfield
Title
Executive Director
Signed
2019-12-13
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
15
Volunteers
40

Preparer

Firm
Hughes & Associates CPA PC
Address
1321 DAdrian Professional Prk, Godfrey, IL 62035
Preparer
Stacey Eccles
Phone
6184666278
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has been classified as an other-than private foundation and is tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The Organization is subject to tax on income from any unrelated business. On July 1, 2010, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2019.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2016. The Organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has been classified as an other-than private foundation and is tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The Organization is subject to tax on income from any unrelated business. On July 1, 2010, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2019.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2016. The Organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.96$1.78$6.15$6.42$0.27
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.69$2.05$5.58$6.56$0.98
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.38$3.19$7.52$7.28$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.61$2.96$7.96$8.17$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.55$3.17$8.70$8.44$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.45$0.55$2.91$7.58$7.41$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.49$2.77$6.77$6.64$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.01$0.37$2.64$6.24$5.97$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.63$0.57$2.07$6.98$6.83$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.24$2.12$6.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.39$2.44$6.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$0.46$2.22$6.57