Civic Intelligence

Wabisabi Inc.

990 • Fiscal year 2021 • EIN 43-1968574

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Refreshing map…

160 East 100 SouthMoab, UT 84532

(435) 259-3313

Siviq Scores

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

Liabilities / Assets

47th percentile

0.02x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$64,046

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

45th percentile

7.1%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

41%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$328,829

Up $21,675 (+7.1%) from 2020

Net Assets

Up

$323,064

Up $102,735 (+47%) from 2020

Liabilities

Down

$5,765

Down $81,060 (-93%) from 2020

Revenue

Up

$787,061

Up $227,982 (+41%) from 2020

Expenses

Up

$684,326

Up $59,559 (+9.5%) from 2020

Net Income

Up

$102,735

Up $168,423 (+256%) from 2020

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: $140,141Liabilities 2010: $6,467Net Assets 2010: $133,6742010Assets 2011: $203,861Liabilities 2011: $10,759Net Assets 2011: $193,1022011Assets 2012: $274,757Liabilities 2012: $10,139Net Assets 2012: $264,6182012Assets 2013: $253,239Liabilities 2013: $3,538Net Assets 2013: $249,7012013Assets 2014: $280,473Liabilities 2014: $22,758Net Assets 2014: $257,7152014Assets 2015: $236,840Liabilities 2015: $8,165Net Assets 2015: $228,6752015Assets 2016: $153,866Liabilities 2016: $8,805Net Assets 2016: $145,0612016Assets 2017: $180,012Liabilities 2017: $2,782Net Assets 2017: $177,2302017Assets 2018: $250,649Liabilities 2018: $10,944Net Assets 2018: $239,7052018Assets 2019: $297,342Liabilities 2019: $13,294Net Assets 2019: $284,0482019Assets 2020: $307,154Liabilities 2020: $86,825Net Assets 2020: $220,3292020Assets 2021: $328,829Liabilities 2021: $5,765Net Assets 2021: $323,0642021Assets 2022: $305,148Liabilities 2022: $9,434Net Assets 2022: $295,7142022Assets 2023: $321,212Liabilities 2023: $6,912Net Assets 2023: $314,3002023Assets 2024: $327,769Liabilities 2024: $7,288Net Assets 2024: $320,4812024

Highlighted filing

2021

Assets$328,829
Liabilities$5,765
Net Assets$323,064

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $370,4042010Expenses 2011: $443,5222011Revenue 2012: $555,823Expenses 2012: $484,307Net Income 2012: $71,5162012Revenue 2013: $511,280Expenses 2013: $526,197Net Income 2013: -$14,9172013Revenue 2014: $545,561Expenses 2014: $537,547Net Income 2014: $8,0142014Revenue 2015: $543,036Expenses 2015: $572,076Net Income 2015: -$29,0402015Revenue 2016: $376,624Expenses 2016: $460,238Net Income 2016: -$83,6142016Revenue 2017: $485,209Expenses 2017: $457,913Net Income 2017: $27,2962017Revenue 2018: $589,945Expenses 2018: $520,751Net Income 2018: $69,1942018Revenue 2019: $576,062Expenses 2019: $538,505Net Income 2019: $37,5572019Revenue 2020: $559,079Expenses 2020: $624,767Net Income 2020: -$65,6882020Revenue 2021: $787,061Expenses 2021: $684,326Net Income 2021: $102,7352021Revenue 2022: $651,559Expenses 2022: $678,909Net Income 2022: -$27,3502022Revenue 2023: $618,959Expenses 2023: $600,373Net Income 2023: $18,5862023Revenue 2024: $605,709Expenses 2024: $599,528Net Income 2024: $6,1812024

Highlighted filing

2021

Revenue$787,061
Expenses$684,326
Net Income$102,735
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$787,061
Mission and Program Overview

Mission

To increase the community impact of local nonprofits by providing money, materials, and mentorship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,217$210,704▲ $23,487
Savings and Temporary Cash Investments$56,729$57,427▲ $698
Land, Buildings, and Equipment, Net$63,208$57,198▼ $6,010
Prepaid Expenses and Deferred Charges-$3,500-
Total Assets$307,154$328,829▲ $21,675
Liabilities
Other Liabilities$86,825$5,765▼ $81,060
Total Liabilities$86,825$5,765▼ $81,060
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$220,329$323,064▲ $102,735
Total Net Assets Fund Balance$220,329$323,064▲ $102,735
Total Liabilities and Net Assets / Fund Balance$307,154$328,829▲ $21,675

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$46,611$23,734$70,345
Equipment$10,587$36,574$47,161
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth HanExecutive DirectorFT$60,500$3,546$64,046

Board Members and Trustees

NameTitle
Linda SkograndPresident
Julie BairdBoard Member
Kevin ClydeBoard Member
Stacey MullenBoard Member
Kaitlin MyersSecretary
Sarah BarstowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$370,981
Program Service Revenue
$0
Investment Income
$964
Other Revenue
$415,116
All Other Contributions
$231,581
Change in Net Assets
$102,735

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$57,865Fair Market Value (FMV)
Total Noncash Contributions$57,865-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$466,571
Other Expenses$127,616
Grants and Similar Amounts Paid$90,139
Total Fundraising Expense$146
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$345,223$48,624-$393,847
Grants to Domestic Orgs$90,139--$90,139
Current Officers, Directors, Trustees, and Key Employees$52,511$7,989-$60,500
Occupancy$22,931$20,974-$43,905
Office Expenses$17,578$2,584-$20,162
Insurance$10,005$4,849-$14,854
Depreciation Depletion-$10,479-$10,479
Other Employee Benefits$6,205$3,546-$9,751
Advertising$6,152$326-$6,478
Information Technology$1,923$3,034-$4,957
Payroll Taxes$1,377$1,096-$2,473
Other Expenses$217$1,856$17$2,073
All Other Expenses$948$565-$1,513
Conferences and Meetings$327$47-$374
Total Functional Expenses$569,683$114,497$146$684,326
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Underdog Animal Rescue and RehabMoab, UT501(c)(3)Providing Money and Materials to Our Non-profit Partners$6,221
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,897
Credit Cards Payable$2,774
Deferred Revenue$94
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
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, Part VI, Section A, Line 8B

No committee with broad authority

Form 990, Part VI, Section B, Line 11B

Once a draft is completed the draft 990 is presented to the entire board for their review. Upon clearence of draft review, eide bailly will receive permission to file the form 990.

Form 990, Part VI, Section B, Line 15

The board determined the compensation for elizabeth han based on how she did meeting her goals. Elizabeth han set the compensation for the other employees

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Wabisabi Inc
EIN
43-1968574
Phone
4352593313
Address
160 EAST 100 SOUTH, MOAB, UT 84532

Signing Officer

Name
Linda Skogrand
Title
Board Member
Phone
4352593313
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Han
Formed
2002
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
60
Volunteers
94

Preparer

Firm
Eide Bailly Llp
Address
5929 FASHION POINT DR STE 300, OGDEN, UT 84403-4684
Preparer
Chett Campbell CPA
Phone
8016211575
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt056729
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0370981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0181131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0568568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0589417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0484904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02195001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0716
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0305
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02525
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0792348
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012855
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012923
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99300
IRS990ScheduleA/PublicSupportPY170Pct00.99290
IRS990ScheduleA/PublicSupportTotal170Amt02195001
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0370981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0181131
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0568568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0589417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0484904
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02195001
IRS990ScheduleA/TotalSupportAmt02210449
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt010587
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036574
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047161
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt046611
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023734
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt070345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057198
IRS990ScheduleD/TotalLiabilityAmt05765
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06221
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDING MONEY AND MATERIALS TO OUR NON-PROFIT PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNDERDOG ANIMAL RESCUE AND REHAB
IRS990ScheduleI/RecipientTable/RecipientEIN0823156476
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04561 SUNNER ACRES LN
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MOAB
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd084532
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANTS ARE MADE TO THE ORGANIZATION'S GENERAL FUNDS TO ASSIST IN THE AREAS DEEMED MOST IMPORTANT BY THE DONEE ORGANIZATION
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt057865
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE WITH BROAD AUTHORITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONCE A DRAFT IS COMPLETED THE DRAFT 990 IS PRESENTED TO THE ENTIRE BOARD FOR THEIR REVIEW. UPON CLEARENCE OF DRAFT REVIEW, EIDE BAILLY WILL RECEIVE PERMISSION TO FILE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINED THE COMPENSATION FOR ELIZABETH HAN BASED ON HOW SHE DID MEETING HER GOALS. ELIZABETH HAN SET THE COMPENSATION FOR THE OTHER EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0307154
IRS990/TotalAssetsEOYAmt0328829
IRS990/TotalAssetsGrp/BOYAmt0307154
IRS990/TotalAssetsGrp/EOYAmt0328829
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0370981
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0146
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114497
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0569683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0684326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt086825
IRS990/TotalLiabilitiesEOYAmt05765
IRS990/TotalLiabilitiesGrp/BOYAmt086825
IRS990/TotalLiabilitiesGrp/EOYAmt05765
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220329
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0323064
IRS990/TotalOtherCompensationAmt03546
IRS990/TotalProgramServiceExpensesAmt0569683
IRS990/TotalReportableCompFromOrgAmt060500
IRS990/TotalRevenueGrp/ExclusionAmt0408615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07465
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0787061
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt094
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0307154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0328829
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0160 EAST 100 SOUTH
IRS990/USAddress/CityNm0MOAB
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084532
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WABISABIMOAB.ORG

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.07$3.20$6.06$6.00$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.21$0.07$3.14$6.19$6.00$0.19
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.09$2.96$6.52$6.79$0.27
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.06$3.23$7.87$6.84$1.03
2020Detailed filing. Detailed filing data is available for this year.$3.07$0.87$2.20$5.59$6.25$0.66
2019Detailed filing. Detailed filing data is available for this year.$2.97$0.13$2.84$5.76$5.39$0.38
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.11$2.40$5.90$5.21$0.69
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.03$1.77$4.85$4.58$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.09$1.45$3.77$4.60$0.84
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.08$2.29$5.43$5.72$0.29
2014Detailed filing. Detailed filing data is available for this year.$2.80$0.23$2.58$5.46$5.38$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.53$0.04$2.50$5.11$5.26$0.15
2012Summary only. Only limited summary data is available for this year.$2.75$0.10$2.65$5.56$4.84$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.11$1.93$4.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.06$1.34$3.70