Civic Intelligence

Christian University Globalnet

990 • Fiscal year 2015 • EIN 38-1843378

Apr 01, 2014 to Mar 31, 2015 • Filed on Aug 11, 2015

3000 Kraft Ave SEGrand Rapids, MI 49512

(616) 942-6770

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

99th percentile

$226,694

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 86.4% of source-year revenue.

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

Asset Growth

16th percentile

-27%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Down

$119,232

Down $45,195 (-27%) from 2014

Net Assets

Up

$96,979

Up $3,894 (+4.2%) from 2014

Liabilities

Down

$22,253

Down $49,089 (-69%) from 2014

Revenue

Down

$262,396

Down $406,184 (-61%) from 2014

Expenses

Down

$258,502

Down $410,152 (-61%) from 2014

Net Income

Up

$3,894

Up $3,968 (+5362%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2012: $71,817Liabilities 2012: $3422012Assets 2013: $107,696Liabilities 2013: $14,537Net Assets 2013: $93,1592013Assets 2014: $164,427Liabilities 2014: $71,342Net Assets 2014: $93,0852014Assets 2015: $119,232Liabilities 2015: $22,253Net Assets 2015: $96,9792015Assets 2016: $103,656Liabilities 2016: $6,677Net Assets 2016: $96,9792016Assets 2017: $99,141Liabilities 2017: $2,162Net Assets 2017: $96,9792017Assets 2018: $95,246Liabilities 2018: -$1,731Net Assets 2018: $96,9772018Assets 2019: $108,400Liabilities 2019: $11,423Net Assets 2019: $96,9772019Assets 2020: $140,076Liabilities 2020: $43,099Net Assets 2020: $96,9772020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$119,232
Liabilities$22,253
Net Assets$96,979

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $121,317Expenses 2012: $133,442Net Income 2012: -$12,1252012Revenue 2013: $503,517Expenses 2013: $481,833Net Income 2013: $21,6842013Revenue 2014: $668,580Expenses 2014: $668,654Net Income 2014: -$742014Revenue 2015: $262,396Expenses 2015: $258,502Net Income 2015: $3,8942015Revenue 2016: $335,728Expenses 2016: $335,728Net Income 2016: $02016Revenue 2017: $370,200Expenses 2017: $370,200Net Income 2017: $02017Revenue 2018: $353,747Expenses 2018: $353,747Net Income 2018: $02018Revenue 2019: $565,232Expenses 2019: $565,232Net Income 2019: $02019Revenue 2020: $599,223Expenses 2020: $599,223Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2015

Revenue$262,396
Expenses$258,502
Net Income$3,894
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Aug 11, 2015
Return Version
2014v6.0
Gross Receipts
$262,396
Mission and Program Overview

Mission

Production and distribution

Production and distribution of audio and video seminary and other bible-based distant learning courses, primarily through the internet

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,599$50,933▼ $60,666
Accounts Receivable$15,099$41,742▲ $26,643
Land, Buildings, and Equipment, Net$37,729$26,557▼ $11,172
Total Assets$164,427$119,232▼ $45,195
Liabilities
Accounts Payable and Accrued Expenses$71,342$22,253▼ $49,089
Total Liabilities$71,342$22,253▼ $49,089
Net Assets / Fund Balance
Unrestricted Net Assets$93,085$96,979▲ $3,894
Total Net Assets Fund Balance$93,085$96,979▲ $3,894
Total Liabilities and Net Assets / Fund Balance$164,427$119,232▼ $45,195

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,621$480,029$505,650
Equipment$936$50,792$51,728
Compensation and Service Providers

Employees

NameTitleOtherTotal
Richard DehaanDirector$226,694$226,694
Evan MorganPresident$187,421$187,421
Gary WickerTreasurer$176,472$176,472

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$92,524
Program Service Revenue
$167,652
Investment Income
$0
Other Revenue
$2,220
All Other Contributions
$3,060
Change in Net Assets
$3,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,019
Salaries, Compensation, and Employee Benefits$110,483
Total Fundraising Expense$3,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$58,899$6,544$0$65,443
All Other Expenses$60,718$3,209$0$63,927
Payments to Affiliates$42,000$18,000$0$60,000
Other Employee Benefits$27,648$3,072$0$30,720
Depreciation Depletion$11,171$0$0$11,171
Other Salaries and Wages$7,936$882$0$8,818
Pension Plan Contributions$4,952$550$0$5,502
Other Expenses$0$5,485$0$5,485
Advertising$0$0$3,248$3,248
Royalties$1,806$0$0$1,806
Travel$447$0$0$447
Office Expenses$0$16$0$16
Total Functional Expenses$215,742$39,512$3,248$258,502
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

Kahary bridegwater 1328 apole creek dr. Kentwood mi 49546 marty doorn 624 grand river ave. Port huron mi 48060 diane maher 200 ottawa ave nw grand rapids mi 49503

Filing and Contact Details

Filer

Filer Name
Christian University Globalnet
EIN
38-1843378
Phone
6169426770
Address
3000 KRAFT AVE SE, GRAND RAPIDS, MI 49512

Signing Officer

Name
Max E Smith CPA
Title
Assistant Trea.
Phone
6169426770
Signed
2015-08-11

Organization Details

Principal Officer
Rick Dehaan
Formed
1967
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
3
Employees
7
Volunteers
2
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is prepared by and "in-house" CPA and then reviewed by two other staff personnel including another CPA.

Pt VI, Line 19

All governing documents as well as financial statements are made available to anyone that asks.

Pt VI, Line 12C

All board members and officers are required to sign a document indicating any potential conflict of interet.

Form 990EZ, Part I, Line 8

Royalty income grant from rbc ministries misc.

Form 990EZ, Part I, Line 16

Bank charges advertising legal misc

Form 990EZ, Part II, Line 24

Office equipment computer equipment recording masters accumulated depreciation accounts receivable

Form 990EZ, Part II, Line 26

Accounts payable and accrued expenses

Form 990, Part IX, Line 24F

Outside services 59725. 59725. 0. 0. Dues 2044. 2044. Misc 1165. 1165. Supplies 993. 993.

Financial Statement Notes

Pt X, Line 2

Footnote 1 "There were no material uncertain tax positions for the years ended March 31, 2015 and 2014."

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Footnote 1 "There were no material uncertain tax positions for the years ended March 31, 2015 and 2014."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026557
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0168257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1206020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2160824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt120674
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt215648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EVAN MORGAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RICHARD DEHAAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GARY WICKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0187421
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1226694
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2176472
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is prepared by and "in-house" CPA and then reviewed by two other staff personnel including another CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents as well as financial statements are made available to anyone that asks.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All board members and officers are required to sign a document indicating any potential conflict of interet.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROYALTY INCOME GRANT FROM RBC MINISTRIES MISC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES ADVERTISING LEGAL MISC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE EQUIPMENT COMPUTER EQUIPMENT RECORDING MASTERS ACCUMULATED DEPRECIATION ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS PAYABLE AND ACCRUED EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7KAHARY BRIDEGWATER 1328 APOLE CREEK DR. KENTWOOD MI 49546 MARTY DOORN 624 GRAND RIVER AVE. PORT HURON MI 48060 DIANE MAHER 200 OTTAWA AVE NW GRAND RAPIDS MI 49503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OUTSIDE SERVICES 59725. 59725. 0. 0. DUES 2044. 2044. MISC 1165. 1165. SUPPLIES 993. 993.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24f
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0RBC MINISTRIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1RBC MINISTRIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2RBC MINISTRIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RBC MINISTIRES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1DISCOVERY HOUSE PUBLISHERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2OUR DAILY BREAD MINISTRIES TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3OUR DAILY BREAD MINISTRIES FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381613981
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1382830241
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2386365725
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3383447967
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501 C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHRISTIAN MINISTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CHRISTIAN BOOK PUBLISHING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2CHRISTIAN TRUST SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3ENDOWMENT FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt111
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt211
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt39
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03000 KRAFT AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13000 KRAFT AVE SE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt23000 KRAFT AVE SE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt33000 KRAFT AVE SE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049512
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd149512
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd249512
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd349512
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false

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