Civic Intelligence

Woldumar Nature Association

990 • Fiscal year 2019 • EIN 38-1804314

Oct 01, 2018 to Sep 30, 2019 • Filed on Apr 07, 2020

5739 Old Lansing RoadLansing, MI 48917

(517) 322-0030

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.04x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

62nd percentile

8.4%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$62,100

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

53rd percentile

4.0%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,344,765

Up $52,109 (+4.0%) from 2018

Net Assets

Up

$1,286,110

Up $32,661 (+2.6%) from 2018

Liabilities

Up

$58,655

Up $19,448 (+50%) from 2018

Revenue

Up

$388,035

Up $65,206 (+20%) from 2018

Expenses

Up

$355,374

Up $40,323 (+13%) from 2018

Net Income

Up

$32,661

Up $24,883 (+320%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $892,378Liabilities 2010: $14,704Net Assets 2010: $877,6742010Assets 2011: $1,115,205Liabilities 2011: $12,952Net Assets 2011: $1,102,2532011Assets 2012: $1,118,226Liabilities 2012: $22,980Net Assets 2012: $1,095,2462012Assets 2013: $1,106,643Liabilities 2013: $36,033Net Assets 2013: $1,070,6102013Assets 2014: $1,094,064Liabilities 2014: $26,761Net Assets 2014: $1,067,3032014Assets 2015: $1,087,443Liabilities 2015: $30,621Net Assets 2015: $1,056,8222015Assets 2016: $1,167,397Liabilities 2016: $36,099Net Assets 2016: $1,131,2982016Assets 2017: $1,241,001Liabilities 2017: $41,290Net Assets 2017: $1,199,7112017Assets 2018: $1,292,656Liabilities 2018: $39,207Net Assets 2018: $1,253,4492018Assets 2019: $1,344,765Liabilities 2019: $58,655Net Assets 2019: $1,286,1102019Assets 2020: $1,380,867Liabilities 2020: $74,225Net Assets 2020: $1,306,6422020Assets 2021: $1,650,728Liabilities 2021: $66,436Net Assets 2021: $1,584,2922021Assets 2022: $1,493,486Liabilities 2022: $99,943Net Assets 2022: $1,393,5432022Assets 2023: $1,535,460Liabilities 2023: $95,457Net Assets 2023: $1,440,0032023Assets 2024: $1,766,094Liabilities 2024: $104,715Net Assets 2024: $1,661,3792024

Highlighted filing

2019

Assets$1,344,765
Liabilities$58,655
Net Assets$1,286,110

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $264,056Expenses 2010: $263,146Net Income 2010: $9102010Revenue 2011: $562,269Expenses 2011: $331,705Net Income 2011: $230,5642011Expenses 2012: $345,1032012Revenue 2013: $288,409Expenses 2013: $371,122Net Income 2013: -$82,7132013Revenue 2014: $323,613Expenses 2014: $363,007Net Income 2014: -$39,3942014Revenue 2015: $320,900Expenses 2015: $305,454Net Income 2015: $15,4462015Revenue 2016: $318,879Expenses 2016: $286,049Net Income 2016: $32,8302016Revenue 2017: $327,457Expenses 2017: $322,439Net Income 2017: $5,0182017Revenue 2018: $322,829Expenses 2018: $315,051Net Income 2018: $7,7782018Revenue 2019: $388,035Expenses 2019: $355,374Net Income 2019: $32,6612019Revenue 2020: $304,952Expenses 2020: $311,120Net Income 2020: -$6,1682020Revenue 2021: $511,112Expenses 2021: $362,758Net Income 2021: $148,3542021Revenue 2022: $375,989Expenses 2022: $387,989Net Income 2022: -$12,0002022Revenue 2023: $447,178Expenses 2023: $483,422Net Income 2023: -$36,2442023Revenue 2024: $644,975Expenses 2024: $602,988Net Income 2024: $41,9872024

Highlighted filing

2019

Revenue$388,035
Expenses$355,374
Net Income$32,661
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Apr 7, 2020
Return Version
2018v3.1
Gross Receipts
$390,311
Mission and Program Overview

Mission

To educate people about the natural environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$655,250$666,045▲ $10,795
Land, Buildings, and Equipment, Net$440,413$432,486▼ $7,927
Cash and Non-Interest-Bearing Accounts$131,154$141,412▲ $10,258
Savings and Temporary Cash Investments$58,854$84,044▲ $25,190
Investments Other Securities-$15,819-
Inventories for Sale or Use$5,455$4,959▼ $496
Prepaid Expenses and Deferred Charges$830$0▼ $830
Accounts Receivable$700$0▼ $700
Total Assets$1,292,656$1,344,765▲ $52,109
Liabilities
Deferred Revenue$32,081$49,842▲ $17,761
Accounts Payable and Accrued Expenses$7,126$8,813▲ $1,687
Total Liabilities$39,207$58,655▲ $19,448
Net Assets / Fund Balance
Permanently Rstr Net Assets$656,060$672,406▲ $16,346
Unrestricted Net Assets$578,571$591,260▲ $12,689
Temporarily Rstr Net Assets$18,818$22,444▲ $3,626
Total Net Assets Fund Balance$1,253,449$1,286,110▲ $32,661
Total Liabilities and Net Assets / Fund Balance$1,292,656$1,344,765▲ $52,109

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$277,531$148,550$426,081
Leasehold Improvements$85,691$148,306$233,997
Equipment$5,938$95,921$101,859
Land$63,326-$63,326
Other Land Buildings$0$3,518$3,518

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$656,060$6,569▲ $17,952$8,175$672,406
2018$627,870$1,465▲ $58,475$31,750$656,060
2017$568,812$2,000▲ $78,733$21,675$627,870
2016$511,407$5,265▲ $59,040$6,900$568,812
2015$545,284$3,345▼ $9,772$27,450$511,407
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kevin WernetDirectorFT$62,100$62,100

Board Members and Trustees

NameTitle
Irene BashoreChairperson
Zachary BehlerVice Chairperson
Anne GarwoodBoard Member
Gail VanderstoepBoard Member
Lisa ErmakBoard Member
Randy FlickBoard Member
Jason WilkinsonSecretary
Julie PfeifleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$82,406
Program Service Revenue
$156,972
Investment Income
$23,363
Other Revenue
$125,294
All Other Contributions
$62,988
Change in Net Assets
$32,661

Audited Revenue Reconciliation

Revenue per Audited Statements
$388,035
Revenue Not Reported on Form 990
$2,276
Total Revenue per Audited Statements
$390,311
Total Revenue per Form 990
$388,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$229,849
Other Expenses$125,525
Total Fundraising Expense$3,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,552$4,000$500$150,052
Current Officers, Directors, Trustees, and Key Employees$56,511$4,968$621$62,100
Occupancy$32,339$1,991$0$34,330
Office Expenses$20,923$1,041$131$22,095
Depreciation Depletion$16,748$1,472$184$18,404
Payroll Taxes$15,382$681$89$16,152
Insurance$13,787$1,419$150$15,356
Fees for Services Other$11,482$0$1,501$12,983
Advertising$6,985$621$155$7,761
Fees for Services Accounting$6,871$604$75$7,550
Conferences and Meetings$2,785$54$0$2,839
Other Expenses$2,563$225$28$2,816
Other Employee Benefits$1,406$124$15$1,545
Travel$1,232$0$0$1,232
Fees for Service Investment Mgmnt Fees$0$139$0$139
Total Functional Expenses$334,586$17,339$3,449$355,374

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$357,650
Expenses per Audited Statements$355,374
Total Expenses per Form 990$355,374
Expenses Not Reported on Form 990$2,276
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Woldumar Nature Association
EIN
38-1804314
Phone
5173220030
Address
5739 Old Lansing Road, Lansing, MI 48917

Signing Officer

Name
Julie Pfeifle
Title
Treasurer
Phone
5173220030
Signed
2020-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zach Behler
Formed
1963
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
25
Volunteers
254

Preparer

Firm
Kroon & Mitchell CPA LLC
Address
400 FEDERAL SQ BLDG 29 PEARL ST NW, GRAND RAPIDS, MI 49503
Preparer
Arthur J Kroon
Phone
6163562002
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members. There are varying membership levels including trail sponsor, student/senior, individual, household, and lifetime members.

Pt VI, Line 12C

The conflict of interest policy is reviewed by the Board

Pt VI, Line 12C

annually. All directors are required to disclose any

Pt VI, Line 12C

conflicts of interest and to notify the Board of any

Pt VI, Line 12C

conflicts that may arise throughout the year.

Pt VI, Line 15A

The Personnel committee comprised of independent board members, meets to review the performance of the executive director annually and makes compensation recommendations to the Board of Directors. Once the compensation is approved by the Board of Directors, a record of the meeting and decision by the Board of Directors is retained by the Organization.

Pt VI, Line 19

All information is available upon request.

Pt VI, Line 11B

N/A

Pt XII, Line 2C

Woldumar Nature Association has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent Certified Public Accountant. This process has not changed from the prior year.

Pt VI, Line 7A

The types of membership classifications shall be determined by the Board of Directors.

Pt VI, Line 7A

The right to vote at any meeting of the association shall be limited to members including the duly authorized representatives designated in accordance with the provisions of Article III, Section 1B, and in good standing on the books and records of the Association on the date the notices for such meetings are mailed. Each member is entitled to one (1) vote and shall vote in person, not by proxy if the right to vote at any such meeting shall be challenged. The person presiding shall require such books and records, if available, to be produced as evidence of the right of the person challenged to vote at such meetings. The members eligible to vote are those listed on the membership applications as a dues paying member or as specified by the virtue of Article III Section 1(B). Voting in elections for Directors shall be by written ballot.

Financial Statement Notes

Pt XI, Line 2D

Cost of Goods Sold $ 2,276; Fundraising Expense $ 3,449

Pt XII, Line 2D

Cost of Goods Sold $ 2,276; Fundraising Expense $ 3,449

Pt XI, Line 2D

In Kind Donations $ 0

Pt V, Line 4

The endowments consist of the Woldumar Endowment Charitable Trust. Fund earnings are distributed annually depending on the investment growth in the fund not to exceed 5%. The funds distributed have no restrictions and are used within the organization's operations. The intent is for the corpus of the trust to remain intact for future earnings growth.

Pt XI, Line 2D

Gain on sale of asset $5,000

Pt XI, Line 2D

Prior period adjustment

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IRS990/ProgSrvcAccomActy2Grp/Desc0Member services provides services to current members which includes stewardship, workshops and seminars in addition to educational facilities and the nature trail system. There are 272 Members in the organization.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016622
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IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt032661
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0122675
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0103345
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0617723
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0174200
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0117536
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0111022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0123858
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt07620
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0139082
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IRS990ScheduleA/InvestmentIncomePYPct00.32940
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt048000
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0277531
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0148550
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.10$1.66$0.64$0.60$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.10$1.44$0.45$0.48$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.10$1.39$0.38$0.39$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.07$1.58$0.51$0.36$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.07$1.31$0.30$0.31$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.06$1.29$0.39$0.36$0.03
2018Summary only. Only limited summary data is available for this year.$1.29$0.04$1.25$0.32$0.32$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.04$1.20$0.33$0.32$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.04$1.13$0.32$0.29$0.03
2015Summary only. Only limited summary data is available for this year.$1.09$0.03$1.06$0.32$0.31$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.03$1.07$0.32$0.36$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.04$1.07$0.29$0.37$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.02$1.10$0.35
2011Summary only. Only limited summary data is available for this year.$1.12$0.01$1.10$0.56$0.33$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.01$0.88$0.26$0.26$0.00