Civic Intelligence

Community Improvement of Algoma Ltd.

990EZ • Fiscal year 2014 • EIN 39-1729119

Sep 01, 2013 to Aug 31, 2014 • Filed on Jan 13, 2015

308 Steele StAlgoma, WI 54201

(920) 487-5498

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

34th percentile

-2.7%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$40,065

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 68.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

38th percentile

-3.1%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

30th percentile

-12%

Faster revenue growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$56,433

Down $1,798 (-3.1%) from 2013

Net Assets

Down

$54,675

Down $1,557 (-2.8%) from 2013

Liabilities

Down

$1,758

Down $241 (-12%) from 2013

Revenue

Down

$58,514

Down $8,004 (-12%) from 2013

Expenses

Down

$60,071

Down $7,139 (-11%) from 2013

Net Income

Down

-$1,557

Down $865 (-125%) from 2013

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: $02017Assets 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

2014

Assets$56,433
Liabilities$1,758
Net Assets$54,675

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

2014

Revenue$58,514
Expenses$60,071
Net Income-$1,557
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jan 13, 2015
Return Version
2013v4.0
Gross Receipts
$100,415
Mission and Program Overview

Mission

Community preservation & development

Downtown district revitalization

Program Services

DescriptionGrantsExpenses
ASSIST CURRENT AND FUTURE BUSINESS OWNERS WITH BUILDING DESIGN, MARKETING ASSISTANCE, AND PROVIDE ESSENTIAL INFORMATION USING THE 4 POINT APPROACH TAUGHT BY THE WISCONSIN MAIN STREET PROGRAM. THE 4 POINT APPROACH INCLUDES DESIGN, ORGANIZATION, ECONOMIC AND PROMOTION. AS PART OF THIS, THE ORGANIZATION SPONSORED A TWO-PART CUSTOMER SERVICE SEMINAR GEARED AT LOCAL BUSINESS AND THEIR STAFF.$1,100$29,872
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL GLIMEProgram DirectorFT$37,565$2,500$40,065
DERIN BJUGSTADPresident-$0--
CRAIG PETERMANVice President-$0--
BOB DAVISDirector-$0--
JIM RABASDirector-$0--
RON WELCHSecretary/Treasurer-$0--
JENELLE GLIMEDirector-$0--
MITCH GROESSLDirector-$0--
JAN DARTEx Officio Director-$0--
ANN SCHMITZDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$67,671$60,171$2,962$57,209
Event 2$11,022$11,022-$11,022
Total Events$82,215$73,115$36,597$36,518
Filing and Contact Details

Filer

EIN
39-1729119
Phone
9204875498

Signing Officer

Name
Derin Bjugstad
Title
President
Phone
9204875498
Signed
2015-01-13
Discuss with paid preparer
Yes

Preparer

Preparer
Mary Vandenbusch
Phone
9204367800
Supplemental Narrative

Additional Explanations

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

Description: interest income. Amount: 12.

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

Income: gross receipts: 4,194. Returns and allowances: 0. Less cost of goods sold: 5,304. Gross profit: -1,110. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 5,304. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 5,304.

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

Description: miscellaneous income. Amount: 137.

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: 1,100.

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

Description: advertising. Amount: 3,867. Description: travel. Amount: 1,777. Description: insurance. Amount: 1,644. Description: dues & subscriptions. Amount: 722. Description: supplies. Amount: 1,646. Description: telephone. Amount: 1,449. Description: miscellaneous. Amount: 829. Total to form 990-ez, line 16: 11,934.

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

Description: other depreciable assets. Beg. Of year amount: 121. End of year amount: 764.

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

Description: accounts payable & accrued expenses. Beg. Of year amount: 1,999. End of year amount: 1,758.

Raw XML Appendix264 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/BooksInCareOfDetail/PhoneNum09204875498
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IRS990EZ/BooksInCareOfDetail/USAddress/City0ALGOMA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8EX OFFICIO DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0WET WHISTLE WINE FEST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 12.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 4,194. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 5,304. GROSS PROFIT: -1,110. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 5,304. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 5,304.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 137.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: GIFTS < $5,000. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADVERTISING. AMOUNT: 3,867. DESCRIPTION: TRAVEL. AMOUNT: 1,777. DESCRIPTION: INSURANCE. AMOUNT: 1,644. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 722. DESCRIPTION: SUPPLIES. AMOUNT: 1,646. DESCRIPTION: TELEPHONE. AMOUNT: 1,449. DESCRIPTION: MISCELLANEOUS. AMOUNT: 829. TOTAL TO FORM 990-EZ, LINE 16: 11,934.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 121. END OF YEAR AMOUNT: 764.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,999. END OF YEAR AMOUNT: 1,758.
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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DERIN BJUGSTAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09204875498
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10COMMUNITY IMPROVEMENT OF ALGOMA
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0391729119
ReturnHeader/Filer/PhoneNum09204875498
ReturnHeader/Filer/USAddress/AddressLine10308 STEELE ST
ReturnHeader/Filer/USAddress/City0ALGOMA
ReturnHeader/Filer/USAddress/State0WI
ReturnHeader/Filer/USAddress/ZIPCode054201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391173131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SCHENCK SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 23819
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GREEN BAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0543053819
ReturnHeader/PreparerPersonGrp/PhoneNum09204367800
ReturnHeader/PreparerPersonGrp/PreparationDt02015-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY VANDENBUSCH
ReturnHeader/ReturnTs02015-02-13T09:49:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

Document Assets

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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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.0$0.00$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