Civic Intelligence

Financial Information & Service Center Inc

990 • Fiscal year 2017 • EIN 39-1496649

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 30, 2018

1800 Appleton RoadMenasha, WI 54952

(920) 731-6601

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.06x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

58th percentile

6.2%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$419,180

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 40.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

46th percentile

1.9%

Faster asset growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$284,805

Up $5,300 (+1.9%) from 2016

Net Assets

Up

$268,429

Up $64,171 (+31%) from 2016

Liabilities

Down

$16,376

Down $58,871 (-78%) from 2016

Revenue

Up

$1,043,245

Up $114,992 (+12%) from 2016

Expenses

Down

$979,074

Down $17,656 (-1.8%) from 2016

Net Income

Up

$64,171

Up $132,648 (+194%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $376,947Liabilities 2010: $3,070Net Assets 2010: $373,8772010Assets 2011: $337,543Liabilities 2011: $0Net Assets 2011: $337,5432011Assets 2012: $328,297Liabilities 2012: $0Net Assets 2012: $328,2972012Assets 2013: $295,871Liabilities 2013: $36,159Net Assets 2013: $259,7122013Assets 2014: $282,145Liabilities 2014: $25,115Net Assets 2014: $257,0302014Assets 2015: $289,519Liabilities 2015: $16,784Net Assets 2015: $272,7352015Assets 2016: $279,505Liabilities 2016: $75,247Net Assets 2016: $204,2582016Assets 2017: $284,805Liabilities 2017: $16,376Net Assets 2017: $268,4292017Assets 2018: $266,272Liabilities 2018: $51,076Net Assets 2018: $215,1962018Assets 2019: $257,313Liabilities 2019: $52,635Net Assets 2019: $204,6782019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$284,805
Liabilities$16,376
Net Assets$268,429

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $788,2712010Expenses 2011: $874,5752011Expenses 2012: $942,5582012Revenue 2013: $952,860Expenses 2013: $1,021,445Net Income 2013: -$68,5852013Revenue 2014: $1,036,113Expenses 2014: $1,038,795Net Income 2014: -$2,6822014Revenue 2015: $1,017,077Expenses 2015: $1,001,372Net Income 2015: $15,7052015Revenue 2016: $928,253Expenses 2016: $996,730Net Income 2016: -$68,4772016Revenue 2017: $1,043,245Expenses 2017: $979,074Net Income 2017: $64,1712017Revenue 2018: $789,863Expenses 2018: $843,096Net Income 2018: -$53,2332018Revenue 2019: $629,909Expenses 2019: $640,427Net Income 2019: -$10,5182019Revenue 2020: $401,279Expenses 2020: $370,961Net Income 2020: $30,3182020

Highlighted filing

2017

Revenue$1,043,245
Expenses$979,074
Net Income$64,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 30, 2018
Return Version
2017v2.2
Gross Receipts
$1,043,245
Mission and Program Overview

Mission

To help families and individuals improve the quality of their lives through the teaching and application of sound financial principles.

TO HELP FAMILIES AND INDIVIDUALS improve their money management skills through educational workshops, financial, budget and credit counseling, and debt management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$192,371$224,828▲ $32,457
Land, Buildings, and Equipment, Net$43,074$33,830▼ $9,244
Cash and Non-Interest-Bearing Accounts$44,060$26,147▼ $17,913
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$279,505$284,805▲ $5,300
Other Assets Total-$0-
Liabilities
Other Liabilities$75,247$16,376▼ $58,871
Total Liabilities$75,247$16,376▼ $58,871
Net Assets / Fund Balance
Temporarily Rstr Net Assets$202,009$268,356▲ $66,347
Unrestricted Net Assets$2,249$73▼ $2,176
Total Net Assets Fund Balance$204,258$268,429▲ $64,171
Total Liabilities and Net Assets / Fund Balance$279,505$284,805▲ $5,300

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,744$137,375$166,119
Buildings$5,086$488$5,574
Compensation and Service Providers

Board Members and Trustees

NameTitle
I Gregg CurryChairman
Robert PedersenPresident & CEO
Linda KennedyVice Chair
David OgilvieDirector
Gary LichtenbergDirector
Michael LutzDirector
Nancy BransonDirector
Richard DetienneDirector
Walter SchonfeldDirector
Thomas WiltziusSecretary
Jacqueline DrawsSenior VP-ops
Keith WilkSenior VP-progr
David HackneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$840,068
Program Service Revenue
$197,123
Investment Income
$0
Other Revenue
$6,054
All Other Contributions
$405,509
Change in Net Assets
$64,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$856,266
Other Expenses$122,808
Total Fundraising Expense$37,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$579,053$72,872$30,074$681,999
Other Employee Benefits$96,191$12,146$5,012$113,349
Payroll Taxes$44,298$5,575$2,301$52,174
Fees for Services Other$20,919$4,041-$24,960
All Other Expenses$13,886$1,108-$14,994
Depreciation Depletion$12,374$2,073-$14,447
Pension Plan Contributions$7,424$934$386$8,744
Travel$6,989$1,139-$8,128
Other Expenses$5,466$924-$6,390
Fees for Services Accounting$6,000--$6,000
Advertising$3,501$589-$4,090
Conferences and Meetings$922$160-$1,082
Insurance$883$153-$1,036
Total Functional Expenses$833,842$107,459$37,773$979,074
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Goodill Ind of Ncw Inc.$16,376
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the form 990 was provided to all board members. The audit committee reviewed the form 990 and recommended to all board members to accept the 990 return.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The ceo,senior vice-president-operations and senior vice-president-programs are employees of the related organization goodwill industries of north central wisconsin, inc. (gwincw) fein 39-1144913. All compensation and benefits are paid by gwincw. Gwincw's compensation review & approval process includes hiring an independent firm every three years to do a complete review of executive compensation including gathering comparable data. The information is provided to the excutive compensation committee made up of members of the board of directors who review and make compensation recommendations based on the data.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Audited financial statements are available on the website. Form 990 along with consolidated financial statements are disclosed on related entity's website (goodwill industries of north central wis, inc.).

Filing and Contact Details

Filer

Filer Name
Financial Information & Services Center
EIN
39-1496649
Phone
9207316601
Address
1800 APPLETON ROAD, MENASHA, WI 54952

Signing Officer

Name
Billie Jo Higgins
Title
VP- Finance
Signed
2018-08-30

Organization Details

Formed
1985
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
1
Supplemental Narrative

Financial Statement Notes

Part IV, Line 1B: Why is organization an agent, trustee, custodian or other intermediary for contrib

The organization provides debt repayment plans for clients with creditor issues.

Part X : FIN48 Footnote

The Organization is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The Organization has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. PARTS XI AND XIIFINANCIAL INFORMATION & SERVICES CENTER RECEIVES A CONSOLIDATED AUDIT WHICH INCLUDES FINANCIAL INFORMATION & SERVICES CENTER, INC AND MONEY MANAGEMENT EDUCATION ASSOCIATES.

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IRS990/MissionDesc0TO HELP FAMILIES AND INDIVIDUALS improve their money management skills through educational workshops, financial, budget and credit counseling, and debt management.
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21171
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IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH DEBT MANAGEMENT INCLUDING WORKING WITH CONSUMER CREDITORS. IN 2017, 319 INDIVIDUALS WERE SERVED.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0132817
IRS990/ProgSrvcAccomActy3Grp/Desc0FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH HOUSING COUNSELING INCLUDING FORECLOSURE PREVENTION, PRE-PURCHASE & POST-PURCHASE COUNSELING, HOMELESS, RENTAL AND REVERSE MORTGAGE EDUCATION. IN 2017, 970 INDIVIDUALS WERE SERVED.
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