Civic Intelligence

Latvian Center Garezers Inc

EIN 38-1786562 • 501(c)3 • Three Rivers, MI

Profile

Garezers prospers as a meeting place for latvians of all ages, to raise and educate latvian youth, to strenghten the latvian language, culture and spiritual values, to promote the latvian way of life and develop links with latvia.

57732 Lone Tree RoadThree Rivers, MI 49093-9549

garezers.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$59,969

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

94th percentile

74%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

304%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$8,298,000

Up $3,520,031 (+74%) from 2023

Liabilities

Down

$82,536

Down $48,313 (-37%) from 2023

Net Assets

Up

$8,215,464

Up $3,568,344 (+77%) from 2023

Operations
Liabilities / Revenue18th percentileNet Margin94th percentile

Revenue

Up

$4,889,287

Up $3,678,455 (+304%) from 2023

Expenses

Up

$1,398,600

Up $203,338 (+17%) from 2023

Net Income

Up

$3,490,687

Up $3,475,117 (+22319%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $1,563,903Liabilities 2011: $19,781Net Assets 2011: $1,544,1222011Assets 2012: $2,801,750Liabilities 2012: $63,118Net Assets 2012: $2,738,6322012Assets 2013: $2,910,315Liabilities 2013: $75,382Net Assets 2013: $2,834,9332013Assets 2014: $2,967,181Liabilities 2014: $82,970Net Assets 2014: $2,884,2112014Assets 2015: $3,202,890Liabilities 2015: $150,935Net Assets 2015: $3,051,9552015Assets 2016: $3,316,864Liabilities 2016: $56,023Net Assets 2016: $3,260,8412016Assets 2017: $3,274,308Liabilities 2017: $44,534Net Assets 2017: $3,229,7742017Assets 2018: $3,277,788Liabilities 2018: $43,468Net Assets 2018: $3,234,3202018Assets 2019: $3,509,617Liabilities 2019: $84,581Net Assets 2019: $3,425,0362019Assets 2020: $3,812,916Liabilities 2020: $76,320Net Assets 2020: $3,736,5962020Assets 2021: $4,046,891Liabilities 2021: $77,140Net Assets 2021: $3,969,7512021Assets 2022: $4,634,557Liabilities 2022: $93,113Net Assets 2022: $4,541,4442022Assets 2023: $4,777,969Liabilities 2023: $130,849Net Assets 2023: $4,647,1202023Assets 2024: $8,298,000Liabilities 2024: $82,536Net Assets 2024: $8,215,4642024

Highlighted filing

2024

Assets$8,298,000
Liabilities$82,536
Net Assets$8,215,464
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $922,082Expenses 2011: $934,937Net Income 2011: -$12,8552011Revenue 2012: $1,361,480Expenses 2012: $929,221Net Income 2012: $432,2592012Revenue 2013: $897,651Expenses 2013: $974,794Net Income 2013: -$77,1432013Revenue 2014: $1,157,402Expenses 2014: $1,152,991Net Income 2014: $4,4112014Revenue 2015: $1,505,601Expenses 2015: $1,326,141Net Income 2015: $179,4602015Revenue 2016: $1,360,373Expenses 2016: $1,167,358Net Income 2016: $193,0152016Revenue 2017: $1,127,463Expenses 2017: $1,197,373Net Income 2017: -$69,9102017Revenue 2018: $1,192,484Expenses 2018: $1,179,764Net Income 2018: $12,7202018Revenue 2019: $1,359,803Expenses 2019: $1,245,057Net Income 2019: $114,7462019Revenue 2020: $1,112,206Expenses 2020: $844,325Net Income 2020: $267,8812020Revenue 2021: $1,156,418Expenses 2021: $1,141,461Net Income 2021: $14,9572021Revenue 2022: $1,911,962Expenses 2022: $1,231,725Net Income 2022: $680,2372022Revenue 2023: $1,210,832Expenses 2023: $1,195,262Net Income 2023: $15,5702023Revenue 2024: $4,889,287Expenses 2024: $1,398,600Net Income 2024: $3,490,6872024

Highlighted filing

2024

Revenue$4,889,287
Expenses$1,398,600
Net Income$3,490,687
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$8,298,000
Liabilities
$82,536
Net assets
$8,215,464
Revenue
$4,889,287
Expenses
$1,398,600
Net income
$3,490,687
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.30$0.08$8.22$4.89$1.40$3.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.13$4.65$1.21$1.20$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$0.09$4.54$1.91$1.23$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.08$3.97$1.16$1.14$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.08$3.74$1.11$0.84$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.08$3.43$1.36$1.25$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.04$3.23$1.19$1.18$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.04$3.23$1.13$1.20$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.06$3.26$1.36$1.17$0.19
2015Summary only. Only limited summary data is available for this year.$3.20$0.15$3.05$1.51$1.33$0.18
2014Summary only. Only limited summary data is available for this year.$2.97$0.08$2.88$1.16$1.15$0.00
2013Summary only. Only limited summary data is available for this year.$2.91$0.08$2.83$0.90$0.97$0.08
2012Summary only. Only limited summary data is available for this year.$2.80$0.06$2.74$1.36$0.93$0.43
2011Summary only. Only limited summary data is available for this year.$1.56$0.02$1.54$0.92$0.93$0.01