Civic Intelligence

Kids World News

EIN 38-3076101 • 501(c)3 • Charlotte, MI

Profile

Devoted to promoting and improving early childhood reading and learning.

5747 Otto RoadCharlotte, MI 48813

www.kidsworldnews.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

34th percentile

-6.3%

Higher net margin than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$8,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-57%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $2,545 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $2,545 (-100%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin34th percentile

Revenue

Down

$40,435

Down $54,590 (-57%) from 2019

Expenses

Down

$42,980

Down $50,936 (-54%) from 2019

Net Income

Down

-$2,545

Down $3,654 (-329%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$3.0K$2.0K$1.0K$0Assets 2016: $1,072Liabilities 2016: $0Net Assets 2016: $1,0722016Assets 2017: $627Liabilities 2017: $0Net Assets 2017: $6272017Assets 2018: $1,436Liabilities 2018: $0Net Assets 2018: $1,4362018Assets 2019: $2,545Liabilities 2019: $0Net Assets 2019: $2,5452019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities-
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue Growth16th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $165,828Expenses 2016: $167,256Net Income 2016: -$1,4282016Revenue 2017: $141,264Expenses 2017: $141,709Net Income 2017: -$4452017Revenue 2018: $117,501Expenses 2018: $116,692Net Income 2018: $8092018Revenue 2019: $95,025Expenses 2019: $93,916Net Income 2019: $1,1092019Revenue 2020: $40,435Expenses 2020: $42,980Net Income 2020: -$2,5452020

Highlighted filing

2020

Revenue$40,435
Expenses$42,980
Net Income-$2,545
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$40,435
Expenses
$42,980
Net income
-$2,545
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.40$0.43$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.95$0.94$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.18$1.17$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.41$1.42$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.66$1.67$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 14, 2021
Return Version
2020v4.0
Gross Receipts
$40,435
Mission and Program Overview

Mission

Devoted to promoting and improving early childhood reading and learning.

Program Services

DescriptionGrantsExpenses
PROVIDED INTERACTIVE WORKBOOKS TO LOCAL ELEMENTARY SCHOOLS AT NO COST. DEVELOP A WEBSITE TO PROVIDE THE SAME SERVICE IN AN ELECTRONIC FORMAT.-$42,980
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK D KARSLAKEPresidentPT$8,000-$8,000
TRICIA JOHNSONDirector-$0--
BOB EVERYDirector-$0--
DAVE CLARKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kids World News
EIN
38-3076101
Address
5747 OTTO ROAD, CHARLOTTE, MI 48813

Signing Officer

Name
Patrick D Karslake
Title
President
Phone
5172856641
Signed
2021-09-14
Discuss with paid preparer
Yes

Preparer

Firm
Hall & Romkema Plc
Address
3495 COOLIDGE ROAD, EAST LANSING, MI 48823
Preparer
Maureen Miller
Phone
5173378900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 9,843 distribution of newspaper 742 total 10,585”

Form 990-ez, Part III

“Devoted to promoting and improving early childhood reading and learning.”

Raw XML Appendix141 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
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CompensationExplanation/CompensationExplanationGrp/PersonNm1TRICIA JOHNSON
CompensationExplanation/CompensationExplanationGrp/PersonNm2BOB EVERY
CompensationExplanation/CompensationExplanationGrp/PersonNm3DAVE CLARK
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IRS990EZ/BooksInCareOfDetail/PhoneNum05172856641
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048813
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt010585
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt09783
IRS990EZ/ProgramServiceRevenueAmt040435
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED INTERACTIVE WORKBOOKS TO LOCAL ELEMENTARY SCHOOLS AT NO COST. DEVELOP A WEBSITE TO PROVIDE THE SAME SERVICE IN AN ELECTRONIC FORMAT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042980
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt042980
IRS990EZ/TotalProgramServiceExpensesAmt042980
IRS990EZ/TotalRevenueAmt040435
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KIDSWORLDNEWS.ORG
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt095025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0117501
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0141264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0165828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0560053
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0560053
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095025
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0117501
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0141264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0165828
IRS990ScheduleA/Total509Grp/TotalAmt0560053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0117501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0141264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0165828
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0560053
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 9,843 DISTRIBUTION OF NEWSPAPER 742 TOTAL 10,585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEVOTED TO PROMOTING AND IMPROVING EARLY CHILDHOOD READING AND LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05172856641
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ReturnHeader/Filer/EIN0383076101
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-28
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ReturnHeader/ReturnTs02021-09-28T10:11:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KARSLAKE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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