Civic Intelligence

Wabisabi Inc.

990 • Fiscal year 2015 • EIN 43-1968574

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

160 E 100 SMoab, UT 84532-3080

(435) 259-3313

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

39th percentile

0.02x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

27th percentile

-5.3%

Higher net margin than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

11th percentile

-16%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-0.5%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$236,840

Down $43,633 (-16%) from 2014

Net Assets

Down

$228,675

Down $29,040 (-11%) from 2014

Liabilities

Down

$8,165

Down $14,593 (-64%) from 2014

Revenue

Down

$543,036

Down $2,525 (-0.5%) from 2014

Expenses

Up

$572,076

Up $34,529 (+6.4%) from 2014

Net Income

Down

-$29,040

Down $37,054 (-462%) from 2014

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

2015

Assets$236,840
Liabilities$8,165
Net Assets$228,675

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

2015

Revenue$543,036
Expenses$572,076
Net Income-$29,040
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$543,036
Mission and Program Overview

Mission

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

Wabisabi is a community lifeforce that empowers people, promotes sustainability and turns rags into riches

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$179,102$181,362▲ $2,260
Cash and Non-Interest-Bearing Accounts$95,440$50,652▼ $44,788
Land, Buildings, and Equipment, Net$3,214$4,725▲ $1,511
Pledges and Grants Receivable$2,631--
Total Assets$280,473$236,840▼ $43,633
Other Assets Total$86$101▲ $15
Liabilities
Accounts Payable and Accrued Expenses$19,220$4,766▼ $14,454
Other Liabilities$3,488$3,399▼ $89
Unsecured Notes Loans Payable$50--
Total Liabilities$22,758$8,165▼ $14,593
Net Assets / Fund Balance
Unrestricted Net Assets$257,715$228,675▼ $29,040
Total Net Assets Fund Balance$257,715$228,675▼ $29,040
Total Liabilities and Net Assets / Fund Balance$280,473$236,840▼ $43,633

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,725$36,795$41,520
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rikki EppersonPresident
Angie SettleDirector
Andrew AustinSecretary
Chris KauffmanTreasurer
Abby ScottVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$533,950
Program Service Revenue
$0
Investment Income
$2,336
Other Revenue
$6,750
All Other Contributions
$533,950
Change in Net Assets
$-29,040

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 Amount
Clothing and Household Goods$486,550
Total Noncash Contributions$486,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$377,782
Other Expenses$142,973
Grants and Similar Amounts Paid$51,321
Total Fundraising Expense$395
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,034$111,681-$346,715
Occupancy$420$68,352-$68,772
Grants to Domestic Individuals$29,646--$29,646
Payroll Taxes$19,022$9,056-$28,078
Grants to Domestic Orgs$21,675--$21,675
Fees for Services Accounting-$9,395-$9,395
All Other Expenses$1,723$4,237-$5,960
Insurance-$5,412-$5,412
Depreciation Depletion$3,399$1,325-$4,724
Advertising-$4,295-$4,295
Pension Plan Contributions$975$1,200$384$2,559
Other Expenses$111$2,150-$2,261
Office Expenses$971$187$11$1,169
Other Employee Benefits-$430-$430
Total Functional Expenses$339,898$231,783$395$572,076
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various---$21,675
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 Liabilities Payable$3,399
Deferred Income-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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, Page 6, Part VI, Line 11B

A complete copy of the form 990 for review is provided to all members of the board of directors prior to filing of the return.

Form 990, Page 6, Part VI, Line 15A

Applicants are interviewed by special committee and final recomendations are made to the full board who then makes the selection. Compensation is based on a survey of organizations of a similar size and location.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Wabisabi
EIN
43-1968574
Phone
4352593313
Address
160 E 100 S, MOAB, UT 84532-3080

Signing Officer

Name
Rikki Epperson
Title
President
Phone
4352599114
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rikki Epperson
Formed
2002
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
5
Employees
31
Volunteers
172

Preparer

Firm
Larson & Company Pc
Address
285 SOUTH 400 EAST, MOAB, UT 84532
Preparer
Gordon E Beh
Phone
4352599100
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The organization sponsors individuals and other non profit organizations in creating events or programs to benefit the community at large. The organization attends a local art festival and sets up an art tent where children are assisted in making art projects from recycled items donated to the organization.

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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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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99750
IRS990ScheduleA/PublicSupportPY509Pct00.99790
IRS990ScheduleA/PublicSupportTotal509Amt02623988
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0540700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0543668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0509850
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0555823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0473947
IRS990ScheduleA/Total509Grp/TotalAmt02623988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0542956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0545561
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0511280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0556448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0474268
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02630513
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036795
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041520
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INCOME
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IRS990ScheduleD/TotalLiabilityAmt03399
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt029646
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0CLOTHING & HOUS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0THRIFT
IRS990ScheduleI/RecipientTable/CashGrantAmt021675
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0486550
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SPONSORS INDIVIDUALS AND OTHER NON PROFIT ORGANIZATIONS IN CREATING EVENTS OR PROGRAMS TO BENEFIT THE COMMUNITY AT LARGE. THE ORGANIZATION ATTENDS A LOCAL ART FESTIVAL AND SETS UP AN ART TENT WHERE CHILDREN ARE ASSISTED IN MAKING ART PROJECTS FROM RECYCLED ITEMS DONATED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE FORM 990 FOR REVIEW IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2APPLICANTS ARE INTERVIEWED BY SPECIAL COMMITTEE AND FINAL RECOMENDATIONS ARE MADE TO THE FULL BOARD WHO THEN MAKES THE SELECTION. COMPENSATION IS BASED ON A SURVEY OF ORGANIZATIONS OF A SIMILAR SIZE AND LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0533950
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0395
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0231783
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0339898
IRS990/TotalFunctionalExpensesGrp/TotalAmt0572076
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022758
IRS990/TotalLiabilitiesEOYAmt08165
IRS990/TotalLiabilitiesGrp/BOYAmt022758
IRS990/TotalLiabilitiesGrp/EOYAmt08165
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0257715
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0228675
IRS990/TotalOtherProgSrvcExpenseAmt0239728
IRS990/TotalProgramServiceExpensesAmt0339898
IRS990/TotalRevenueGrp/ExclusionAmt09006
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0543036
IRS990/TotalVolunteersCnt0172
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0236840
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0257715
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0228675
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt050
IRS990/USAddress/AddressLine1Txt03271 JUNIPER DRIVE
IRS990/USAddress/CityNm0MOAB
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084532
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WABISABIMOAB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RIKKI EPPERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04352599114
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WABISABI
ReturnHeader/Filer/BusinessNameControlTxt0WABI
ReturnHeader/Filer/EIN0431968574
ReturnHeader/Filer/PhoneNum04352593313
ReturnHeader/Filer/USAddress/AddressLine1Txt0160 E 100 S
ReturnHeader/Filer/USAddress/CityNm0MOAB
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd0845323080
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870516083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0285 SOUTH 400 EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOAB
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084532
ReturnHeader/PreparerPersonGrp/PhoneNum04352599100
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GORDON E BEH
ReturnHeader/ReturnTs02016-08-11T12:19:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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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