Civic Intelligence

Midwest Enterprises for the Blind Inc.

990 • Fiscal year 2014 • EIN 38-3077190

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 27, 2015

2207 Lake StreetKalamazoo, MI 49048

(269) 383-0713

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.07x

Higher debt load relative to assets than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.40x

Higher debt load relative to revenue than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

74th percentile

$108,913

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

89th percentile

54%

Faster revenue growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$3,802,704

Up $565,769 (+17%) from 2013

Net Assets

Up

$3,546,995

Up $485,533 (+16%) from 2013

Liabilities

Up

$255,709

Up $80,236 (+46%) from 2013

Revenue

Up

$647,011

Up $226,950 (+54%) from 2013

Expenses

Up

$168,517

Up $16,247 (+11%) from 2013

Net Income

Up

$478,494

Up $210,703 (+79%) from 2013

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,236,666Liabilities 2010: $517,495Net Assets 2010: $1,719,1712010Assets 2011: $2,425,703Liabilities 2011: $220,274Net Assets 2011: $2,205,4292011Assets 2012: $3,124,006Liabilities 2012: $335,432Net Assets 2012: $2,788,5742012Assets 2013: $3,236,935Liabilities 2013: $175,473Net Assets 2013: $3,061,4622013Assets 2014: $3,802,704Liabilities 2014: $255,709Net Assets 2014: $3,546,9952014Assets 2015: $4,051,786Liabilities 2015: $242,275Net Assets 2015: $3,809,5112015Assets 2016: $4,596,983Liabilities 2016: $267,932Net Assets 2016: $4,329,0512016Assets 2017: $5,200,188Liabilities 2017: $298,617Net Assets 2017: $4,901,5712017Assets 2018: $5,158,527Liabilities 2018: $391,108Net Assets 2018: $4,767,4192018Assets 2019: $5,316,531Liabilities 2019: $287,932Net Assets 2019: $5,028,5992019Assets 2020: $5,641,633Liabilities 2020: $306,204Net Assets 2020: $5,335,4292020Assets 2021: $5,994,850Liabilities 2021: $234,140Net Assets 2021: $5,760,7102021Assets 2022: $5,776,620Liabilities 2022: $392,021Net Assets 2022: $5,384,5992022Assets 2023: $6,234,487Liabilities 2023: $324,592Net Assets 2023: $5,909,8952023Assets 2024: $6,893,124Liabilities 2024: $386,956Net Assets 2024: $6,506,1682024

Highlighted filing

2014

Assets$3,802,704
Liabilities$255,709
Net Assets$3,546,995

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $298,1992010Expenses 2011: $231,1672011Expenses 2012: $167,6952012Revenue 2013: $420,061Expenses 2013: $152,270Net Income 2013: $267,7912013Revenue 2014: $647,011Expenses 2014: $168,517Net Income 2014: $478,4942014Revenue 2015: $485,296Expenses 2015: $176,414Net Income 2015: $308,8822015Revenue 2016: $737,309Expenses 2016: $220,910Net Income 2016: $516,3992016Revenue 2017: $564,815Expenses 2017: $260,932Net Income 2017: $303,8832017Revenue 2018: $1,706,761Expenses 2018: $1,650,234Net Income 2018: $56,5272018Revenue 2019: $1,375,994Expenses 2019: $1,517,817Net Income 2019: -$141,8232019Revenue 2020: $1,571,287Expenses 2020: $1,530,687Net Income 2020: $40,6002020Revenue 2021: $1,559,282Expenses 2021: $1,489,199Net Income 2021: $70,0832021Revenue 2022: $2,021,661Expenses 2022: $1,781,724Net Income 2022: $239,9372022Revenue 2023: $2,169,573Expenses 2023: $2,019,883Net Income 2023: $149,6902023Revenue 2024: $2,152,733Expenses 2024: $1,877,021Net Income 2024: $275,7122024

Highlighted filing

2014

Revenue$647,011
Expenses$168,517
Net Income$478,494
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 27, 2015
Return Version
2014v5.0
Gross Receipts
$3,733,231
Mission and Program Overview

Mission

To provide employment for persons who are blind and visually impaired.

Provide employment for persons who are blind

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$810,614$1,424,868▲ $614,254
Land, Buildings, and Equipment, Net$1,078,027$1,042,251▼ $35,776
Cash and Non-Interest-Bearing Accounts$782,784$895,888▲ $113,104
Inventories for Sale or Use$421,618$343,838▼ $77,780
Accounts Receivable$133,239$86,752▼ $46,487
Prepaid Expenses and Deferred Charges$10,653$9,107▼ $1,546
Total Assets$3,236,935$3,802,704▲ $565,769
Liabilities
Accounts Payable and Accrued Expenses$175,473$255,709▲ $80,236
Total Liabilities$175,473$255,709▲ $80,236
Net Assets / Fund Balance
Unrestricted Net Assets$3,061,462$3,546,995▲ $485,533
Total Net Assets Fund Balance$3,061,462$3,546,995▲ $485,533
Total Liabilities and Net Assets / Fund Balance$3,236,935$3,802,704▲ $565,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$792,922$132,198$925,120
Equipment$24,227$174,110$198,337
Land$193,404-$193,404
Other Land Buildings$31,698$127,423$159,121
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Glen MackeyVP - Operati$98,397$10,516$108,913
Karen WallsPresident$40,000-$40,000

Board Members and Trustees

NameTitle
Charles J LangeBoard Chairp
Cody KnightVice Chairpe
George OssentjukDirector
James LejaDirector
Sandra LeroyDirector
Carol HahnSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$57,811
Other Revenue
$589,200
Change in Net Assets
$478,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$647,011
Revenue Not Reported on Form 990
$7,039
Total Revenue per Audited Statements
$654,050
Total Revenue per Form 990
$647,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$168,517
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$23,892-$23,892
Depreciation Depletion-$16,655-$16,655
Conferences and Meetings-$11,309-$11,309
Occupancy-$8,088-$8,088
Travel-$6,822-$6,822
Advertising-$2,814-$2,814
Other Expenses-$62-$62
Total Functional Expenses$0$168,517$0$168,517

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$168,517
Total Expenses per Audited Statements$168,517
Total Expenses per Form 990$168,517
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Charles J Lange Board ChairPresident & CEOSale of ProductNo$317,176
Karen Walls PresidentTreasurer & CFOSale of ProductNo$317,176
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

SEE SCHEDULE L

Form 990, Page 6, Part VI, Line 11B

Board members and director review form 990 for accuracy before it is filed.

Form 990, Page 6, Part VI, Line 12C

Each year, all board members complete disclosure forms which are reviewed and kept on file.

Form 990, Page 6, Part VI, Line 15A

The board of directors discuss performance and salary of pertinent persons and then current year salary is voted on by the board.

Form 990, Page 6, Part VI, Line 15B

The board of directors discuss performance and salary of pertinent persons and then current year salary is voted on by the board.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Midwest Enterprises for
EIN
38-3077190
Phone
2693830713
Address
2207 LAKE STREET, KALAMAZOO, MI 49048

Signing Officer

Name
Karen Walls
Title
President
Phone
2693830713
Signed
2015-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Walls
Formed
1993
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
5
Employees
33

Preparer

Firm
Flegal & Melnik
Address
2750 OLD CENTRE RD STE 150, PORTAGE, MI 49024-4881
Preparer
Mary K Flegal
Phone
2693831900
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02298405
IRS990ScheduleA/Total509Grp/TotalAmt015478451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03733231
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02931095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03574872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03070106
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02311176
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015620480
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0792922
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0132198
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0925120
IRS990ScheduleD/EquipmentGrp/BookValueAmt024227
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174110
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0198337
IRS990ScheduleD/ExpensesSubtotalAmt0168517
IRS990ScheduleD/LandGrp/BookValueAmt0193404
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193404
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07039
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031698
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0127423
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0159121
IRS990ScheduleD/RevenueNotReportedAmt07039
IRS990ScheduleD/RevenueSubtotalAmt0647011
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01042251
IRS990ScheduleD/TotalExpensesPerForm990Amt0168517
IRS990ScheduleD/TotalRevenuePerForm990Amt0647011
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0654050
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0168517
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CHARLES J LANGE BOARD CHAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1KAREN WALLS PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT & CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1TREASURER & CFO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0317176
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1317176
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SALE OF PRODUCT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SALE OF PRODUCT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE SCHEDULE L
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND DIRECTOR REVIEW FORM 990 FOR ACCURACY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, ALL BOARD MEMBERS COMPLETE DISCLOSURE FORMS WHICH ARE REVIEWED AND KEPT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DISCUSS PERFORMANCE AND SALARY OF PERTINENT PERSONS AND THEN CURRENT YEAR SALARY IS VOTED ON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DISCUSS PERFORMANCE AND SALARY OF PERTINENT PERSONS AND THEN CURRENT YEAR SALARY IS VOTED ON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03236935
IRS990/TotalAssetsEOYAmt03802704
IRS990/TotalAssetsGrp/BOYAmt03236935
IRS990/TotalAssetsGrp/EOYAmt03802704
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168517
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0168517
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0175473
IRS990/TotalLiabilitiesEOYAmt0255709
IRS990/TotalLiabilitiesGrp/BOYAmt0175473
IRS990/TotalLiabilitiesGrp/EOYAmt0255709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03061462
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03546995
IRS990/TotalOtherCompensationAmt010516
IRS990/TotalReportableCompFromOrgAmt0138397
IRS990/TotalRevenueGrp/ExclusionAmt060415
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0586596
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0647011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03236935
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03802704
IRS990/TravelGrp/ManagementAndGeneralAmt06822
IRS990/TravelGrp/TotalAmt06822
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03061462
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03546995
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0445 S CURTIS RD
IRS990/USAddress/CityNm0WEST ALLIS
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053214
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MWEBMI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN WALLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02693830713
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST ENTERPRISES FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0THE BLIND INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0383077190
ReturnHeader/Filer/PhoneNum02693830713
ReturnHeader/Filer/USAddress/AddressLine1Txt02207 LAKE STREET
ReturnHeader/Filer/USAddress/CityNm0KALAMAZOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049048
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383363225
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLEGAL & MELNIK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02750 OLD CENTRE RD STE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0490244881
ReturnHeader/PreparerPersonGrp/PhoneNum02693831900
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY K FLEGAL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-04-27T13:12:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.89$0.39$6.51$2.15$1.88$0.28
2023Detailed filing. Detailed filing data is available for this year.$6.23$0.32$5.91$2.17$2.02$0.15
2022Detailed filing. Detailed filing data is available for this year.$5.78$0.39$5.38$2.02$1.78$0.24
2021Detailed filing. Detailed filing data is available for this year.$5.99$0.23$5.76$1.56$1.49$0.07
2020Detailed filing. Detailed filing data is available for this year.$5.64$0.31$5.34$1.57$1.53$0.04
2019Detailed filing. Detailed filing data is available for this year.$5.32$0.29$5.03$1.38$1.52$0.14
2018Detailed filing. Detailed filing data is available for this year.$5.16$0.39$4.77$1.71$1.65$0.06
2017Detailed filing. Detailed filing data is available for this year.$5.20$0.30$4.90$0.56$0.26$0.30
2016Detailed filing. Detailed filing data is available for this year.$4.60$0.27$4.33$0.74$0.22$0.52
2015Detailed filing. Detailed filing data is available for this year.$4.05$0.24$3.81$0.49$0.18$0.31
2014Detailed filing. Detailed filing data is available for this year.$3.80$0.26$3.55$0.65$0.17$0.48
2013Detailed filing. Detailed filing data is available for this year.$3.24$0.18$3.06$0.42$0.15$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.34$2.79$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.22$2.21$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.52$1.72$0.30
Peer Organizations

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