Gladwin Cooperative Nursery Inc

990EZ • Fiscal year 2019 • EIN 38-2020989

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 09, 2019

Organization Profile N/A

600 W 1st StGladwin, MI 48624

(989) 426-7771

Siviq Scores

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

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

0.07x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

-32%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

-22%

Faster asset growth than 19% of similar nonprofits.

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

-20%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets75th percentile

Assets

Down

$41,173

Down $11,456 (-22%) from 2018

Net Assets

Down

$38,718

Down $11,915 (-24%) from 2018

Liabilities

$2,455

Up $459 (+23%) from 2018

Revenue And Expenses

Liabilities / Revenue80th percentile Net Margin12th percentile

Revenue

Down

$37,657

Down $9,331 (-20%) from 2018

Expenses

$49,572

Up $4,107 (+9.0%) from 2018

Net Income

Down

-$11,915

Down $13,438 (-882%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

Highlighted filing

2019

Assets$41,173

Liabilities$2,455

Net Assets$38,718

Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

Highlighted filing

2019

Revenue$37,657

Expenses$49,572

Net Income-$11,915

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2018 to Jun 30, 2019
Signed: Sep 9, 2019
Return Version: 2018v3.1
Gross Receipts: $47,252

Mission and Program Overview

Mission

Provide an environment for pre-school age children in which they may learn to play together and be given the opportunity for creative expression in music, art and play. Also to provide parent education programs for parents of the children in the program within the community.

Program Services

Description	Grants	Expenses
PROVIDE COOPERATIVE PRESCHOOL EDUCATION FOR CHILDREN 3 AND 4 YEARS OLD IN GLADWIN COUNTY	$0	$49,572

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ANNE PATSEY	President	PT	$0	-	-
KERRY LOCKWOOD	Treasurer	PT	$0	-	-
KRYSTAL MOORE	Secretary/Marketing	-	$0	-	-
HOLLY GROVE	Chairman	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Daddy Daughter Dance	$7,709	$7,709	$1,939	$5,770
Total Events	$7,709	$7,709	$2,306	$5,403

Filing and Contact Details

Filer

Filer Name: Gladwin Coop Nursery Inc
EIN: 38-2020989
Phone: 9894267771
Address: 600 W 1ST ST, GLADWIN, MI 48624

Signing Officer

Name: Kerry Lockwood
Title: Treasurer
Phone: 9894267771
Signed: 2019-09-09
Discuss with paid preparer: Yes

Preparer

Firm: Weinlander Fitzhugh Pc
Address: 1312 W CEDAR AVE, GLADWIN, MI 48624
Preparer: Shelly Browning CPA
Phone: 9894268482

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: miscellaneous income. Amount: 200.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: supplies. Amount: 3,447. Description: education. Amount: 400. Description: field trip expense. Amount: 105. Description: misc. Amount: 2,346. Description: license. Amount: 20. Total to form 990-ez, line 16: 6,318.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid insurance. Beg. Of year amount: 3,279. End of year amount: 3,696. Description: equipment. Beg. Of year amount: 7,339. End of year amount: 7,339. Description: furniture. Beg. Of year amount: 6,394. End of year amount: 6,394.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued payroll taxes. Beg. Of year amount: 1,996. End of year amount: 2,455.”

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	KERRY LOCKWOOD
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9894267771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	601 W 1ST ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	GLADWIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	48624
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	35617
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	23744
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-11915
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1960
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	52629
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	41173
IRS990EZ/FundraisingGrossIncomeAmt	0	24036
IRS990EZ/GrossReceiptsAmt	0	47252
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	50633
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	38718
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	50633
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	38718
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	720
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	3.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ANNE PATSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KERRY LOCKWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	KRYSTAL MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	HOLLY GROVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY/MARKETING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	CHAIRMAN
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	17012
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	17429
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	6318
IRS990EZ/OtherRevenueTotalAmt	0	200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDE AN ENVIRONMENT FOR PRE-SCHOOL AGE CHILDREN IN WHICH THEY MAY LEARN TO PLAY TOGETHER AND BE GIVEN THE OPPORTUNITY FOR CREATIVE EXPRESSION IN MUSIC, ART AND PLAY. ALSO TO PROVIDE PARENT EDUCATION PROGRAMS FOR PARENTS OF THE CHILDREN IN THE PROGRAM WITHIN THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt	0	60
IRS990EZ/ProgramServiceRevenueAmt	0	23016
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE COOPERATIVE PRESCHOOL EDUCATION FOR CHILDREN 3 AND 4 YEARS OLD IN GLADWIN COUNTY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	49572
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	40514
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	1
IRS990EZ/SpecialEventsDirectExpensesAmt	0	9595
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	14441
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MI
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	1996
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	2455
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	49572
IRS990EZ/TotalProgramServiceExpensesAmt	0	49572
IRS990EZ/TotalRevenueAmt	0	37657
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	1
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	0
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	0
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	0
IRS990ScheduleE/DiscriminateRaceSchsInd	0	0
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	0
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	0
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	1
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	1
IRS990ScheduleE/MaintainRacialCompRecsInd	0	1
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	1
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	1
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	1
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	1
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	2306
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	DADDY DAUGHTER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	7709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	7709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	7709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	7709
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	5403
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt	0	367
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt	0	367
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	1939
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	1939
IRS990ScheduleG/MailSolicitationsInd	0	X
IRS990ScheduleG/SpecialFundraisingEventsInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: SUPPLIES. AMOUNT: 3,447. DESCRIPTION: EDUCATION. AMOUNT: 400. DESCRIPTION: FIELD TRIP EXPENSE. AMOUNT: 105. DESCRIPTION: MISC. AMOUNT: 2,346. DESCRIPTION: LICENSE. AMOUNT: 20. TOTAL TO FORM 990-EZ, LINE 16: 6,318.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 3,279. END OF YEAR AMOUNT: 3,696. DESCRIPTION: EQUIPMENT. BEG. OF YEAR AMOUNT: 7,339. END OF YEAR AMOUNT: 7,339. DESCRIPTION: FURNITURE. BEG. OF YEAR AMOUNT: 6,394. END OF YEAR AMOUNT: 6,394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: ACCRUED PAYROLL TAXES. BEG. OF YEAR AMOUNT: 1,996. END OF YEAR AMOUNT: 2,455.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KERRY LOCKWOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9894267771
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	GLADWIN COOP NURSERY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	GLAD
ReturnHeader/Filer/EIN	0	382020989
ReturnHeader/Filer/PhoneNum	0	9894267771
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	600 W 1ST ST
ReturnHeader/Filer/USAddress/CityNm	0	GLADWIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MI
ReturnHeader/Filer/USAddress/ZIPCd	0	48624
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	9537929040F95D6864F057D084572380E11C1A22
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9537929040F95D6864F057D084572380E11C1A22
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	24.180.77.238
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-09-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	09:15:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	382272300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	WEINLANDER FITZHUGH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1312 W CEDAR AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	GLADWIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	48624
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9894268482
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SHELLY BROWNING CPA
ReturnHeader/ReturnTs	0	2019-09-11T14:50:54-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-07-01
ReturnHeader/TaxPeriodEndDt	0	2019-06-30
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $41,173
Liabilities: $2,455
Net assets: $38,718
Revenue: $37,657
Expenses: $49,572
Net income: -$11,915

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019Detailed filing. Detailed filing data is available for this year.	$41.2	$2.46	$38.7	$37.7	$49.6	$11.9
2018Detailed filing. Detailed filing data is available for this year.	$52.6	$2.00	$50.6	$47.0	$45.5	$1.52
2017Detailed filing. Detailed filing data is available for this year.	$49.5	$0.40	$49.1	$59.8	$45.2	$14.6
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$36.7	$2.20	$34.5	$51.4	$46.5	$4.90
2015Detailed filing. Detailed filing data is available for this year.	$32.1	$2.44	$29.6	$47.6	$43.1	$4.48
2014Detailed filing. Detailed filing data is available for this year.	$27.1	$1.97	$25.2	$56.2	$45.6	$10.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$16.1	$1.43	$14.6	$24.9	$28.9	$4.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$19.8	$1.17	$18.7	$43.1	$38.2	$4.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$15.7	$2.00	$13.7	$46.3	$42.9	$3.40