Civic Intelligence

Folklore Village Farm Inc.

990 • Fiscal year 2016 • EIN 39-1167942

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

3210 Cth BbDodgeville, WI 53533

(608) 924-4000

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

55th percentile

5.1%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

56th percentile

5.3%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

4.0%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$350,729

Up $17,511 (+5.3%) from 2015

Net Assets

Up

$345,295

Up $18,232 (+5.6%) from 2015

Liabilities

Down

$5,434

Down $721 (-12%) from 2015

Revenue

Up

$258,517

Up $10,015 (+4.0%) from 2015

Expenses

Down

$245,275

Down $22,732 (-8.5%) from 2015

Net Income

Up

$13,242

Up $32,747 (+168%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $402,204Liabilities 2011: $37,617Net Assets 2011: $364,5872011Assets 2012: $380,365Liabilities 2012: $32,019Net Assets 2012: $348,3462012Assets 2013: $327,246Liabilities 2013: $44,851Net Assets 2013: $282,3952013Assets 2014: $330,162Liabilities 2014: $25,314Net Assets 2014: $304,8482014Assets 2015: $333,218Liabilities 2015: $6,155Net Assets 2015: $327,0632015Assets 2016: $350,729Liabilities 2016: $5,434Net Assets 2016: $345,2952016Assets 2017: $365,350Liabilities 2017: $6,126Net Assets 2017: $359,2242017Assets 2018: $297,941Liabilities 2018: $15,205Net Assets 2018: $282,7362018Assets 2019: $303,358Liabilities 2019: $9,019Net Assets 2019: $294,3392019Assets 2020: $359,116Liabilities 2020: $4,941Net Assets 2020: $354,1752020Assets 2021: $436,435Liabilities 2021: $6,123Net Assets 2021: $430,3122021Assets 2022: $428,306Liabilities 2022: $5,794Net Assets 2022: $422,5122022Assets 2023: $558,853Liabilities 2023: $7,042Net Assets 2023: $551,8112023Assets 2024: $644,562Liabilities 2024: $5,301Net Assets 2024: $639,2612024

Highlighted filing

2016

Assets$350,729
Liabilities$5,434
Net Assets$345,295

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $309,1542011Expenses 2012: $265,7722012Revenue 2013: $227,566Expenses 2013: $287,167Net Income 2013: -$59,6012013Revenue 2014: $220,710Expenses 2014: $253,959Net Income 2014: -$33,2492014Revenue 2015: $248,502Expenses 2015: $268,007Net Income 2015: -$19,5052015Revenue 2016: $258,517Expenses 2016: $245,275Net Income 2016: $13,2422016Revenue 2017: $261,006Expenses 2017: $260,798Net Income 2017: $2082017Revenue 2018: $253,937Expenses 2018: $250,646Net Income 2018: $3,2912018Revenue 2019: $257,467Expenses 2019: $256,363Net Income 2019: $1,1042019Revenue 2020: $265,179Expenses 2020: $205,343Net Income 2020: $59,8362020Revenue 2021: $169,142Expenses 2021: $189,703Net Income 2021: -$20,5612021Revenue 2022: $311,924Expenses 2022: $293,308Net Income 2022: $18,6162022Revenue 2023: $426,779Expenses 2023: $300,321Net Income 2023: $126,4582023Revenue 2024: $429,712Expenses 2024: $334,084Net Income 2024: $95,6282024

Highlighted filing

2016

Revenue$258,517
Expenses$245,275
Net Income$13,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$263,137
Mission and Program Overview

Mission

To provide opportunities for individuals and communities to honor, experience and support ethnic and traditional folklife

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$232,257$232,257→ $0
Cash and Non-Interest-Bearing Accounts$42,016$44,029▲ $2,013
Savings and Temporary Cash Investments$11,657$29,013▲ $17,356
Inventories for Sale or Use$3,464$1,606▼ $1,858
Total Assets$333,218$350,729▲ $17,511
Other Assets Total$43,824$43,824→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,155$5,434▼ $721
Total Liabilities$6,155$5,434▼ $721
Net Assets / Fund Balance
Unrestricted Net Assets$283,239$301,471▲ $18,232
Permanently Rstr Net Assets$43,824$43,824→ $0
Total Net Assets Fund Balance$327,063$345,295▲ $18,232
Total Liabilities and Net Assets / Fund Balance$333,218$350,729▲ $17,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$122,526$429,224$551,750
Other Land Buildings$13,531$74,171$87,702
Equipment$31,067$53,641$84,708
Land$65,133-$65,133
Compensation and Service Providers

Board Members and Trustees

NameTitle
Adam Helt-baldwinVice President
Catherine BaerDirector
Eric SeaburgDirector
Nancy ZuckerDirector
Scott LindDirector
Amy McfarlandPresdient
Maria TerresSecretary
Nadia AlberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$143,769
Program Service Revenue
$82,771
Investment Income
$68
Other Revenue
$31,909
All Other Contributions
$134,819
Change in Net Assets
$13,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,025
Salaries, Compensation, and Employee Benefits$106,250
Total Fundraising Expense$1,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,244$7,455-$49,699
Current Officers, Directors, Trustees, and Key Employees$41,650$7,350-$49,000
Other Expenses$44,002$568-$44,002
Occupancy$23,097$4,076-$27,173
Insurance$14,307$2,525-$16,832
Depreciation Depletion$9,362$2,661-$12,023
Payroll Taxes$6,418$1,133-$7,551
Office Expenses$5,032$850$1,205$7,087
Fees for Services Other$2,545$449-$2,994
Advertising$2,430$429-$2,859
Information Technology-$477$477$954
Travel$386$68-$454
Fees for Services Accounting$276$49-$325
All Other Expenses-$125-$125
Total Functional Expenses$215,378$28,215$1,682$245,275
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,182
Fundraising Gross Income$2,004
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
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
Yes
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 governing body review Part VI line 11

The form 990 is reviewed by the executive director and the board treasurer prior to filing

CEO executive director top management comp Part VI line 15A

Board of directors sets the salary of the executive director

Governing documents etc available to public Part VI line 19

Governing documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Folklore Village Farm Inc
EIN
39-1167942
Address
3210 CTH BB, DODGEVILLE, WI 53533

Signing Officer

Name
Theresa Van Orman
Title
Executive Direc
Phone
6089244000
Signed
2017-05-11
Discuss with paid preparer
No

Organization Details

Formed
1968
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
75

Preparer

Firm
Johnson Accounting
Address
404 Curve Street, Blanchardville, WI 53516
Preparer
Rebecca L Johnson CPA
Phone
6085231114
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Unrealized loss on investment carried at market value

List of other expenses Part IX line 24E

Reconcilication discrepancy - 7equipment expense 69consignements paid 635dues and subscriptions 555bank service charges 941other transaction fees 303aslak lie expenses 3,479miscellaneous 369loss 3,052total other expenses 9,394

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt044002
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOOL PROGRAMS - PROGRAMS FOR ELEMENTARY SCHOOL CHILDREN THAT TEACH HISTORY AND CULTURE THROUGH CRAFTS, MUSIC AND DANCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07048
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0139129
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt059
IRS990/PYOtherExpensesAmt0151472
IRS990/PYOtherRevenueAmt029566
IRS990/PYProgramServiceRevenueAmt079748
IRS990/PYRevenuesLessExpensesAmt0-19505
IRS990/PYSalariesCompEmpBnftPaidAmt0116535
IRS990/PYTotalExpensesAmt0268007
IRS990/PYTotalRevenueAmt0248502
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013242
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt022125
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011657
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029013
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0143769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0139129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt045461
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt081030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0104227
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0513616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019097
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019336
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0106989
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0106234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0105025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0119949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0128369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0566566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019336
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98240
IRS990ScheduleA/PublicSupportPY509Pct00.95920
IRS990ScheduleA/PublicSupportTotal509Amt01080182
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0250758
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0245363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150486
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0200979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0232596
IRS990ScheduleA/Total509Grp/TotalAmt01080182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0250826
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0245422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150531
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0201046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0251693
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01099518
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0122526
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0429224
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0551750
IRS990ScheduleD/EquipmentGrp/BookValueAmt031067
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053641
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084708
IRS990ScheduleD/LandGrp/BookValueAmt065133
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt065133
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013531
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt074171
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087702
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0232257
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BOARD TREASURER PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS SETS THE SALARY OF THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED LOSS ON INVESTMENT CARRIED AT MARKET VALUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RECONCILICATION DISCREPANCY - 7EQUIPMENT EXPENSE 69CONSIGNEMENTS PAID 635DUES AND SUBSCRIPTIONS 555BANK SERVICE CHARGES 941OTHER TRANSACTION FEES 303ASLAK LIE EXPENSES 3,479MISCELLANEOUS 369LOSS 3,052TOTAL OTHER EXPENSES 9,394
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0333218
IRS990/TotalAssetsEOYAmt0350729
IRS990/TotalAssetsGrp/BOYAmt0333218
IRS990/TotalAssetsGrp/EOYAmt0350729
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0143769
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01682
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028215
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0215378
IRS990/TotalFunctionalExpensesGrp/TotalAmt0245275
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06155
IRS990/TotalLiabilitiesEOYAmt05434
IRS990/TotalLiabilitiesGrp/BOYAmt06155
IRS990/TotalLiabilitiesGrp/EOYAmt05434
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0327063
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0345295
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0215378
IRS990/TotalProgramServiceRevenueAmt082771
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-178

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.05$6.39$4.30$3.34$0.96
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.07$5.52$4.27$3.00$1.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.06$4.23$3.12$2.93$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$0.06$4.30$1.69$1.90$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$0.05$3.54$2.65$2.05$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.09$2.94$2.57$2.56$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.15$2.83$2.54$2.51$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.06$3.59$2.61$2.61$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.51$0.05$3.45$2.59$2.45$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.33$0.06$3.27$2.49$2.68$0.20
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.25$3.05$2.21$2.54$0.33
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.27$0.45$2.82$2.28$2.87$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.32$3.48$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$0.38$3.65$3.09