Civic Intelligence

Boost Oakland Business

990 • Fiscal year 2017 • EIN 38-3241792

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 25, 2018

43155 Main Street No 2210ENovi, MI 48375

(248) 561-5055

Siviq Scores

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

Liabilities / Assets

94th percentile

0.70x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.12x

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

8th percentile

-41%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

6.3%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$33,493

Down $23,202 (-41%) from 2016

Net Assets

Down

$10,071

Down $46,624 (-82%) from 2016

Liabilities

Up

$23,422

Up $23,422 from 2016

Revenue

Up

$188,250

Up $11,142 (+6.3%) from 2016

Expenses

Up

$234,874

Up $24,313 (+12%) from 2016

Net Income

Down

-$46,624

Down $13,171 (-39%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $44,876Liabilities 2011: $0Net Assets 2011: $44,8762011Assets 2012: $66,343Liabilities 2012: $0Net Assets 2012: $66,3432012Assets 2013: $57,751Liabilities 2013: $0Net Assets 2013: $57,7512013Assets 2014: $81,905Liabilities 2014: $0Net Assets 2014: $81,9052014Assets 2015: $90,148Liabilities 2015: $0Net Assets 2015: $90,1482015Assets 2016: $56,695Liabilities 2016: $0Net Assets 2016: $56,6952016Assets 2017: $33,493Liabilities 2017: $23,422Net Assets 2017: $10,0712017Assets 2018: $25,368Liabilities 2018: $3,368Net Assets 2018: $22,0002018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$33,493
Liabilities$23,422
Net Assets$10,071

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $171,094Expenses 2011: $143,312Net Income 2011: $27,7822011Revenue 2012: $143,364Expenses 2012: $121,897Net Income 2012: $21,4672012Revenue 2013: $120,216Expenses 2013: $128,808Net Income 2013: -$8,5922013Revenue 2014: $106,954Expenses 2014: $82,800Net Income 2014: $24,1542014Revenue 2015: $204,681Expenses 2015: $196,438Net Income 2015: $8,2432015Revenue 2016: $177,108Expenses 2016: $210,561Net Income 2016: -$33,4532016Revenue 2017: $188,250Expenses 2017: $234,874Net Income 2017: -$46,6242017Revenue 2018: $243,278Expenses 2018: $231,349Net Income 2018: $11,9292018Revenue 2019: $171,847Expenses 2019: $193,847Net Income 2019: -$22,0002019

Highlighted filing

2017

Revenue$188,250
Expenses$234,874
Net Income-$46,624
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 25, 2018
Return Version
2017v2.2
Gross Receipts
$256,682
Mission and Program Overview

Mission

To promote business within oakland county for purposes under the meaning of section 501(c)(4) of the internal revenue code of 1986, or comparable provisions of subsequent legislation. Specifically, the purposes of the corporation shall include, but not be limited to, providing support and promotional assistance to businesses within oakland county.

To provide promotion assistance to business in oakland county, michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,695$28,481▼ $28,214
Accounts Receivable-$5,012-
Total Assets$56,695$33,493▼ $23,202
Liabilities
Accounts Payable and Accrued Expenses-$23,422-
Total Liabilities$0$23,422▲ $23,422
Net Assets / Fund Balance
Unrestricted Net Assets$56,695$10,071▼ $46,624
Total Net Assets Fund Balance$56,695$10,071▼ $46,624
Total Liabilities and Net Assets / Fund Balance$56,695$33,493▼ $23,202
Compensation and Service Providers

Board Members and Trustees

NameTitle
L Brooks PattersonPresident
Kelly SlevaSecretary
David StaudtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,874
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$162,376
All Other Contributions
$25,874
Change in Net Assets
$-46,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,874
Total Fundraising Expense$68,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$150,529-$31,763$182,292
Occupancy--$21,455$21,455
Fees for Services Accounting-$12,940-$12,940
Office Expenses-$1,391$10,362$11,753
Insurance--$4,853$4,853
Advertising-$1,581-$1,581
Total Functional Expenses$150,529$15,912$68,433$234,874
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$230,808
Fundraising Direct Expenses$68,432
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$62,050$62,050$5,239$56,811
Q2 Breakfast$31,640$31,640$7,150$24,490
Total Events$230,808$230,808$68,432$162,376
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The corporate secretary, kelly sleva, is the administrative assistant to the corporate president, l. Brooks patterson.

Form 990, Part VI, Section B, Line 11B

Prior to the filing of form 990, each officer is provided with a copy and each has access to the professional form preparer in the event of questions.

Form 990, Part VI, Section C, Line 19

All of boost oakland business' financial and governing documents are available to the public upon written request to the corporate secretary.

Filing and Contact Details

Filer

Filer Name
Boost Oakland Business
EIN
38-3241792
Phone
2485615055
Address
43155 MAIN STREET NO 2210E, NOVI, MI 48375

Signing Officer

Name
L Brooks Patterson
Title
President
Phone
2485615055
Signed
2018-03-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
L Brooks Patterson
Formed
1995
Legal Domicile
Mi
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Uhy Advisors Mi Inc
Address
27725 STANSBURY BLVD SUITE 210, FARMINGTON HILLS, MI 48334
Preparer
Mark Kaminski
Phone
2483550280
Raw XML Appendix288 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.

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IRS990/FundraisingGrossIncomeAmt0230808
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0256682
IRS990/GroupReturnForAffiliatesInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATE SECRETARY, KELLY SLEVA, IS THE ADMINISTRATIVE ASSISTANT TO THE CORPORATE PRESIDENT, L. BROOKS PATTERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO THE FILING OF FORM 990, EACH OFFICER IS PROVIDED WITH A COPY AND EACH HAS ACCESS TO THE PROFESSIONAL FORM PREPARER IN THE EVENT OF QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OF BOOST OAKLAND BUSINESS' FINANCIAL AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE CORPORATE SECRETARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02485615055
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOOST OAKLAND BUSINESS
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ReturnHeader/Filer/EIN0383241792
ReturnHeader/Filer/PhoneNum02485615055
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ReturnHeader/FilingSecurityInformation/IPDt02018-03-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:38:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381910111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UHY ADVISORS MI INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027725 STANSBURY BLVD SUITE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGTON HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048334
ReturnHeader/PreparerPersonGrp/PhoneNum02483550280
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK KAMINSKI
ReturnHeader/ReturnTs02018-04-05T08:31:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)4 • <$500k nonprofits