Civic Intelligence

Community Improvement of Algoma Ltd.

990EZ • Fiscal year 2017 • EIN 39-1729119

Sep 01, 2016 to Aug 31, 2017 • Filed on Dec 19, 2017

PO Box 3Algoma, WI 54201

(920) 487-3719

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

10th percentile

-36%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$44,839

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 161.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$33,994

Down $13,877 (-29%) from 2016

Net Assets

Down

$33,994

Down $10,014 (-23%) from 2016

Liabilities

Down

$0

Down $3,863 (-100%) from 2016

Revenue

Down

$27,827

Down $38,261 (-58%) from 2016

Expenses

Down

$37,841

Down $29,721 (-44%) from 2016

Net Income

Down

-$10,014

Down $8,540 (-579%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $72,569Liabilities 2010: $1,909Net Assets 2010: $70,6602010Assets 2012: $59,494Liabilities 2012: $2,570Net Assets 2012: $56,9242012Assets 2013: $58,231Liabilities 2013: $1,999Net Assets 2013: $56,2322013Assets 2014: $56,433Liabilities 2014: $1,758Net Assets 2014: $54,6752014Assets 2015: $47,145Liabilities 2015: $1,663Net Assets 2015: $45,4822015Assets 2016: $47,871Liabilities 2016: $3,863Net Assets 2016: $44,0082016Assets 2017: $33,994Liabilities 2017: $0Net Assets 2017: $33,9942017Assets 2018: $45,655Liabilities 2018: $02018Assets 2019: $61,977Liabilities 2019: $0Net Assets 2019: $61,9772019Assets 2020: $69,156Liabilities 2020: $0Net Assets 2020: $69,1562020Assets 2021: $61,861Liabilities 2021: $0Net Assets 2021: $61,8612021Assets 2022: $78,679Liabilities 2022: $02022Assets 2023: $82,993Liabilities 2023: $02023Assets 2024: $63,891Liabilities 2024: $0Net Assets 2024: $63,8912024

Highlighted filing

2017

Assets$33,994
Liabilities$0
Net Assets$33,994

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $76,746Expenses 2010: $79,970Net Income 2010: -$3,2242010Revenue 2012: $66,765Expenses 2012: $64,845Net Income 2012: $1,9202012Revenue 2013: $66,518Expenses 2013: $67,210Net Income 2013: -$6922013Revenue 2014: $58,514Expenses 2014: $60,071Net Income 2014: -$1,5572014Revenue 2015: $56,922Expenses 2015: $66,115Net Income 2015: -$9,1932015Revenue 2016: $66,088Expenses 2016: $67,562Net Income 2016: -$1,4742016Revenue 2017: $27,827Expenses 2017: $37,841Net Income 2017: -$10,0142017Revenue 2018: $43,024Expenses 2018: $31,363Net Income 2018: $11,6612018Revenue 2019: $33,325Expenses 2019: $17,003Net Income 2019: $16,3222019Revenue 2020: $24,131Expenses 2020: $16,952Net Income 2020: $7,1792020Revenue 2021: $6,889Expenses 2021: $14,184Net Income 2021: -$7,2952021Revenue 2022: $25,495Expenses 2022: $8,677Net Income 2022: $16,8182022Revenue 2023: $26,322Expenses 2023: $22,008Net Income 2023: $4,3142023Revenue 2024: $1,406Expenses 2024: $20,508Net Income 2024: -$19,1022024

Highlighted filing

2017

Revenue$27,827
Expenses$37,841
Net Income-$10,014
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Dec 19, 2017
Return Version
2016v3.0
Gross Receipts
$95,104
Mission and Program Overview

Mission

Community preservation & development

To promote community pride, preservation, and economic growth through beautification, historic preservation and community development.

Program Services

DescriptionGrantsExpenses
ALTHOUGH WE RECENTLY REFORMED AFTER CEASING TO BE A WISCONSIN MAIN STREET CITY, WE HAVE CONTRIBUTED TO THE FOLLOWING: ALGOMA LIBRARY FRIENDS $500 FOR HELP IN OPENING OF USED BOOK STORE. ALGOMA HIGH SCHOOL $500 FOR HELP IN DEVELOPING A TEEN AREA IN CONJUNCTION WITH THE ALGOMA SHANTY DAYS CELEBRATION. ALGOMA FIRE & RESCUE $1000 DONATION TO THEIR FUNDRAISING TO PURCHASE NEW EQUIPMENT FOR THE ALGOMA FIRE DEPARTMENT.$2,000$18,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL GLIMEProgram DirectorFT$42,339$2,500$44,839
PAULA LEVYPresident-$0--
ANN SCHMITZVice President-$0--
SUE HEPPSecretary-$0--
MERLE COLBURNTreasurer-$0--
ROBERT KUHNDirector-$0--
NICOLE MEVERDENDirector-$0--
CRAIG PETERMANDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wet Whistle Wine Fest$61,954$61,954-$61,954
Car Show$760$760-$760
Total Events$62,714$62,714$24,368$38,346
Filing and Contact Details

Filer

Filer Name
Commumity Improvement of Algoma
EIN
39-1729119
Phone
9204873719
Address
PO BOX 3, ALGOMA, WI 54201

Signing Officer

Name
Merle Colburn
Title
Treasurer
Phone
9204873719
Signed
2017-12-19
Discuss with paid preparer
Yes

Preparer

Firm
Schenck Sc
Address
PO BOX 23819, GREEN BAY, WI 54305-3819
Preparer
Mary B Vandenbusch
Phone
9204367800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 77.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 3,437. Returns and allowances: 0. Less cost of goods sold: 984. Gross profit: 2,453. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 984. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 984.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous income. Amount: 38.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable. Grantee name: gifts < $5,000. Grantee relationship: none. Amount given: 2,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 2,844. Description: travel. Amount: 589. Description: insurance. Amount: 772. Description: dues & subscriptions. Amount: 269. Description: supplies. Amount: 4,102. Description: telephone. Amount: 668. Description: interest and finance charges. Amount: 68. Description: licenses and permits. Amount: 74. Description: bank service charges. Amount: 16. Total to form 990-ez, line 16: 9,402.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 411. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable & accrued expenses. Beg. Of year amount: 1,863. End of year amount: 0. Description: line of credit. Beg. Of year amount: 2,000. End of year amount: 0.

Raw XML Appendix237 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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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE COMMUNITY PRIDE, PRESERVATION, AND ECONOMIC GROWTH THROUGH BEAUTIFICATION, HISTORIC PRESERVATION AND COMMUNITY DEVELOPMENT.
IRS990EZ/PrintingPublicationsPostageAmt0662
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ALTHOUGH WE RECENTLY REFORMED AFTER CEASING TO BE A WISCONSIN MAIN STREET CITY, WE HAVE CONTRIBUTED TO THE FOLLOWING: ALGOMA LIBRARY FRIENDS $500 FOR HELP IN OPENING OF USED BOOK STORE. ALGOMA HIGH SCHOOL $500 FOR HELP IN DEVELOPING A TEEN AREA IN CONJUNCTION WITH THE ALGOMA SHANTY DAYS CELEBRATION. ALGOMA FIRE & RESCUE $1000 DONATION TO THEIR FUNDRAISING TO PURCHASE NEW EQUIPMENT FOR THE ALGOMA FIRE DEPARTMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 77.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 3,437. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 984. GROSS PROFIT: 2,453. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 984. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 984.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 38.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: GIFTS < $5,000. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADVERTISING. AMOUNT: 2,844. DESCRIPTION: TRAVEL. AMOUNT: 589. DESCRIPTION: INSURANCE. AMOUNT: 772. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 269. DESCRIPTION: SUPPLIES. AMOUNT: 4,102. DESCRIPTION: TELEPHONE. AMOUNT: 668. DESCRIPTION: INTEREST AND FINANCE CHARGES. AMOUNT: 68. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 74. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 16. TOTAL TO FORM 990-EZ, LINE 16: 9,402.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 411. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,863. END OF YEAR AMOUNT: 0. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MERLE COLBURN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09204873719
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUMITY IMPROVEMENT OF ALGOMA
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0391729119
ReturnHeader/Filer/PhoneNum09204873719
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3
ReturnHeader/Filer/USAddress/CityNm0ALGOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A2332E9BA041B4FC086FC95AEC67015C51811E2D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EC3B3E6693BBF39118E1AB12E86B94CF4085E7F0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.142.163.66
ReturnHeader/FilingSecurityInformation/IPDt02017-12-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:04:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391173131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHENCK SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 23819
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREEN BAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0543053819
ReturnHeader/PreparerPersonGrp/PhoneNum09204367800
ReturnHeader/PreparerPersonGrp/PreparationDt02017-12-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY B VANDENBUSCH
ReturnHeader/ReturnTs02018-01-12T11:11:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

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.$63.9$0.00$63.9$1.41$20.5$19.1
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.0$0.00$26.3$22.0$4.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.7$0.00$25.5$8.68$16.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.9$0.00$61.9$6.89$14.2$7.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.2$0.00$69.2$24.1$17.0$7.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.0$0.00$62.0$33.3$17.0$16.3
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.7$0.00$43.0$31.4$11.7
2017Detailed filing. Detailed filing data is available for this year.$34.0$0.00$34.0$27.8$37.8$10.0
2016Detailed filing. Detailed filing data is available for this year.$47.9$3.86$44.0$66.1$67.6$1.47
2015Detailed filing. Detailed filing data is available for this year.$47.1$1.66$45.5$56.9$66.1$9.19
2014Detailed filing. Detailed filing data is available for this year.$56.4$1.76$54.7$58.5$60.1$1.56
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$58.2$2.00$56.2$66.5$67.2$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.5$2.57$56.9$66.8$64.8$1.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.6$1.91$70.7$76.7$80.0$3.22
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits