Civic Intelligence

Great Lakes Future Inc

990 • Fiscal year 2012 • EIN 39-1830616

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 12, 2013

Organization ProfileN/A
500 N Harbor Dr53202
Siviq Scores

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

Liabilities / Assets

69th percentile

0.50x

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

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

85th percentile

18%

Faster asset growth than 85% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$12,879,676

Up $1,996,282 (+18%) from 2011

Net Assets

Up

$6,447,536

Up $4,782 (+0.1%) from 2011

Liabilities

Up

$6,432,140

Up $1,991,500 (+45%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$185,969

Up $55,593 (+43%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $3,159,395Liabilities 2010: $3,154,200Net Assets 2010: $5,1952010Assets 2011: $10,883,394Liabilities 2011: $4,440,640Net Assets 2011: $6,442,7542011Assets 2012: $12,879,676Liabilities 2012: $6,432,140Net Assets 2012: $6,447,5362012Assets 2013: $14,300,017Liabilities 2013: $7,874,305Net Assets 2013: $6,425,7122013Assets 2014: $15,650,853Liabilities 2014: $9,233,097Net Assets 2014: $6,417,7562014Assets 2015: $15,800,224Liabilities 2015: $8,818,161Net Assets 2015: $6,982,0632015Assets 2016: $17,639,284Liabilities 2016: $9,158,786Net Assets 2016: $8,480,4982016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2012

Assets$12,879,676
Liabilities$6,432,140
Net Assets$6,447,536
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2010: $5,5922010Expenses 2011: $130,3762011Expenses 2012: $185,9692012Revenue 2013: $281,072Expenses 2013: $302,896Net Income 2013: -$21,8242013Revenue 2014: $374,439Expenses 2014: $382,395Net Income 2014: -$7,9562014Revenue 2015: $989,428Expenses 2015: $425,121Net Income 2015: $564,3072015Revenue 2016: $496,351Expenses 2016: $424,596Net Income 2016: $71,7552016Revenue 2017: $163,563Expenses 2017: $245,065Net Income 2017: -$81,5022017

Highlighted filing

2012

Revenue-
Expenses$185,969
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 12, 2013
Return Version
2012v2.2
Gross Receipts
$190,751
Mission and Program Overview

Mission

To support the charitable mission of

Filing and Contact Details

Filer

EIN
39-1830616
Raw XML Appendix313 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/ActivityOrMissionDescription0To support the charitable mission of Discovery World, Ltd. DW. DW is an organization described in Section 501c3 of the Internal Revenue Code of 1986 and is a public charity. GLF will act as a fundraising entity for DW.
IRS990/AddressPrincipalOfficerUS/AddressLine10500 N Harbor Drive
IRS990/AddressPrincipalOfficerUS/City0Milwaukee
IRS990/AddressPrincipalOfficerUS/State0WI
IRS990/AddressPrincipalOfficerUS/ZIPCode053202
IRS990/Advertising/Total00
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IRS990/Description0Expenses related to loan participation and support of Discovery World, Ltd. 501c3 organization.
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IRS990/Form990PartVIISectionA/NamePerson0Gary Grunau
IRS990/Form990PartVIISectionA/NamePerson1Allen Leverett
IRS990/Form990PartVIISectionA/NamePerson2Bruce Keyes
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IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY0173500
IRS990/GrantsAndSimilarAmntsPriorYear0118000
IRS990/GrantsToDomesticIndividuals/Total00
IRS990/GrantsToDomesticOrgs/ProgramServices0173500
IRS990/GrantsToDomesticOrgs/Total0173500
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0true
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts0190751
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
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IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
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IRS990/InformationTechnology/Total00
IRS990/Insurance/Total00
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IRS990/MinutesOfCommittees0true
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IRS990/MissionDescription0See Schedule O.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0Gary Grunau President
IRS990/NbrIndependentVotingMembers04
IRS990/NbrVotingGoverningBodyMembers04
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IRS990/NetAssetsOrFundBalancesEOY06447536
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IRS990/NumberFormsTransmittedWith109600
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IRS990/NumberW2GIncluded00
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IRS990/OtherExpenses/Description0Bank fees
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IRS990/OtherExpenses/Total03471
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IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Total00
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IRS990/PoliticalActivities0false
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IRS990/ProhibitedTaxShelterTrans0false
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IRS990/ReconcilationRevenueExpenses04782
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IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear00
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IRS990ScheduleA/PublicSupportPertcentage17000.00000
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IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc0false
IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine10DISCOVERY WORLD LTD
IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS0true
IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified0true
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IRS990ScheduleD/OtherAssets/BookValue04681446
IRS990ScheduleD/OtherAssets/BookValue16442200
IRS990ScheduleD/OtherAssets/Description0Loan participation
IRS990ScheduleD/OtherAssets/Description1Senior Note A NMTC1
IRS990ScheduleD/OtherLiabilities/Description0Federal income taxes
IRS990ScheduleD/OtherSecurities/Description0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecurities/Description1Closely-held equity interests
IRS990ScheduleD/TotalBookValueOtherAssets011123646
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10500 N Harbor Drive
IRS990ScheduleI/RecipientTable/AddressUS/City0Milwaukee
IRS990ScheduleI/RecipientTable/AddressUS/State0WI
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode053202
IRS990ScheduleI/RecipientTable/AmountOfCashGrant0173500
IRS990ScheduleI/RecipientTable/EINOfRecipient0391691578
IRS990ScheduleI/RecipientTable/IRCSection0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrant0Operation support
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10Discovery World Ltd
IRS990ScheduleI/RecordsMaintained0true
IRS990ScheduleI/TotalNbrOfOtherOrganizations01
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0Form 990 Part III Line 2 During 2010, Great Lakes Future GLF, as part of its mission, participated in a New Market Tax Credits NMTC financing transaction. Discovery World, Ltd. DW has provided financial support to GLF. DW and GLF are related through common board members. During 2012, DW provided financial support to GLF of 1,991,500, which is reported as a payable. As required under the terms of the NMTC financing, GLF used the financial support to purchase a portion of the bonds outstanding.
IRS990ScheduleO/GeneralExplanation/Explanation1Form 990 Part VI Section B Line 11 A copy of the 990 and applicable schedules is provided to the volunteer board of directors for review and approval prior to submission.
IRS990ScheduleO/GeneralExplanation/Explanation2Form 990 Part VI Section B Line 15 The organization has no employees and pays no salaries or wages. Board members serve as volunteers and are not compensated.
IRS990ScheduleO/GeneralExplanation/Explanation3Form 990 Part III Line 1 To support the charitable mission of Discovery World, Ltd. DW. DW is an organization described in Section 501c3 of the Internal Revenue Code of 1986 the Code and is a public charity described under Sections 501a1 and 170bIAvi of the Code. The Organization will act as a fundraising entity for DW. DW includes in its purpose to create awareness, understanding and appreciation of the ecosystem of the Great Lakes for current and future generations to cherish and conserve.
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IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode053202
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IRS990/UponRequest0X
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IRS990/YearFormation01995
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0391830616
ReturnHeader/Filer/Name/BusinessNameLine10GREAT LAKES FUTURE INC
ReturnHeader/Filer/NameControl0GREA
ReturnHeader/Filer/Phone04147658602
ReturnHeader/Filer/USAddress/AddressLine10500 N HARBOR DR
ReturnHeader/Filer/USAddress/City0MILWAUKEE
ReturnHeader/Filer/USAddress/State0WI
ReturnHeader/Filer/USAddress/ZIPCode053202
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-12
ReturnHeader/Officer/Name0Joel Brennan
ReturnHeader/Officer/Title0CEO
ReturnHeader/Preparer/DatePrepared02013-11-12
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10KRAUSE AND ASSOCIATES SC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101214 BRIDGE STREET
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0GRAFTON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0WI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode053024
ReturnHeader/Preparer/Name0DAVID KRAUSE
ReturnHeader/Preparer/Phone02623779988
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-12T11:38:47-00:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$12,879,676
Liabilities
$6,432,140
Net assets
$6,447,536
Revenue
-
Expenses
$185,969
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.16$0.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$17.6$9.16$8.48$0.50$0.42$0.07
2015Detailed filing. Detailed filing data is available for this year.$15.8$8.82$6.98$0.99$0.43$0.56
2014Detailed filing. Detailed filing data is available for this year.$15.7$9.23$6.42$0.37$0.38$0.01
2013Detailed filing. Detailed filing data is available for this year.$14.3$7.87$6.43$0.28$0.30$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$6.43$6.45$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$4.44$6.44$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$3.15$0.01$0.01