Civic Intelligence

Wabisabi Inc.

990 • Fiscal year 2017 • EIN 43-1968574

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

160 East 100 SouthMoab, UT 84532-3080

(435) 259-3313

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$180,012

Up $26,146 (+17%) from 2016

Net Assets

Up

$177,230

Up $32,169 (+22%) from 2016

Liabilities

Down

$2,782

Down $6,023 (-68%) from 2016

Revenue

Up

$485,209

Up $108,585 (+29%) from 2016

Expenses

Down

$457,913

Down $2,325 (-0.5%) from 2016

Net Income

Up

$27,296

Up $110,910 (+133%) from 2016

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

2017

Assets$180,012
Liabilities$2,782
Net Assets$177,230

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

2017

Revenue$485,209
Expenses$457,913
Net Income$27,296
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$485,209
Mission and Program Overview

Mission

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

Wabisabi receives, revalues, and redistributes needed resources to strengthen the moab community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$44,573$74,088▲ $29,515
Land, Buildings, and Equipment, Net$57,725$54,052▼ $3,673
Savings and Temporary Cash Investments$51,568$51,872▲ $304
Total Assets$153,866$180,012▲ $26,146
Liabilities
Other Liabilities$2,508$2,498▼ $10
Accounts Payable and Accrued Expenses$6,297$284▼ $6,013
Total Liabilities$8,805$2,782▼ $6,023
Net Assets / Fund Balance
Unrestricted Net Assets$145,061$177,230▲ $32,169
Total Net Assets Fund Balance$145,061$177,230▲ $32,169
Total Liabilities and Net Assets / Fund Balance$153,866$180,012▲ $26,146

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,052$45,680$99,732
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lily HoughtonPresident
Joanne SimbeckDirector
Kevin ClydeDirector
Angie SettleSecretary
Chris KauffmanTreasurer
Brandy BowmasterVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$484,904
Program Service Revenue
$0
Investment Income
$305
Other Revenue
$0
All Other Contributions
$484,904
Change in Net Assets
$27,296

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported Amount
Clothing and Household Goods$469,075
Total Noncash Contributions$469,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$322,260
Other Expenses$79,581
Grants and Similar Amounts Paid$56,072
Total Fundraising Expense$458
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$217,822$74,068-$291,890
Grants to Domestic Individuals$30,872--$30,872
Payroll Taxes$17,066$11,082-$28,148
Grants to Domestic Orgs$25,200--$25,200
Occupancy$10,259$13,972-$24,231
Fees for Services Accounting-$9,395-$9,395
Insurance-$6,463-$6,463
Depreciation Depletion$5,392$381-$5,773
Advertising-$4,253$397$4,650
Pension Plan Contributions-$2,222-$2,222
Other Expenses$1,528$37-$1,528
Information Technology$116$1,305-$1,421
All Other Expenses$35$1,229-$1,264
Conferences and Meetings$560$704-$1,264
Office Expenses$816$49$61$926
Travel$252--$252
Fees for Services Other-$150-$150
Total Functional Expenses$329,776$127,679$458$457,913
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
VariousMoab, UT(c)(3)General Support$20,000
Moab Valley Multicultural Center-(c)(3)General Support$5,200
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$2,498
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 EAST 100 SOUTH, MOAB, UT 84532-3080

Signing Officer

Name
Lily Houghton
Title
President
Phone
4352599114
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lily Houghton
Formed
2002
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
23
Volunteers
250

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.

Form 990, Part XI, Line 9

BALANCING ASSETS 4,873

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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/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt06750
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt014588
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01430
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IRS990ScheduleA/PublicSupportPY509Pct00.99730
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0375933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0540700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0543668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0509850
IRS990ScheduleA/Total509Grp/TotalAmt02455055
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0376624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0542956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0545561
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0511280
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045680
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt099732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES PAYABLE
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IRS990ScheduleD/TotalLiabilityAmt02498
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IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt15200
IRS990ScheduleI/RecipientTable/IRCSectionDesc0(C)(3)
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MOAB VALLEY MULTICULTURAL CENTER
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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.
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0SOME DONATED ITEMS WERE SOLD ON EBAY.
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IRS990ScheduleM/ThirdPartiesUsedInd0true
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BALANCING ASSETS 4,873
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0180012
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IRS990/TotalContributionsAmt0484904
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0458
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127679
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0329776
IRS990/TotalFunctionalExpensesGrp/TotalAmt0457913
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt02782
IRS990/TotalLiabilitiesGrp/BOYAmt08805
IRS990/TotalLiabilitiesGrp/EOYAmt02782
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0145061
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0177230
IRS990/TotalOtherProgSrvcExpenseAmt05392
IRS990/TotalProgramServiceExpensesAmt0329776
IRS990/TotalRevenueGrp/ExclusionAmt0305
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0485209
IRS990/TotalVolunteersCnt0250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0153866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180012
IRS990/TravelGrp/ProgramServicesAmt0252
IRS990/TravelGrp/TotalAmt0252
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0145061
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0177230
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WABISABIMOAB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LILY HOUGHTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04352599114
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WABISABI
ReturnHeader/Filer/BusinessNameControlTxt0WABI
ReturnHeader/Filer/EIN0431968574
ReturnHeader/Filer/PhoneNum04352593313
ReturnHeader/Filer/USAddress/AddressLine1Txt0160 EAST 100 SOUTH
ReturnHeader/Filer/USAddress/CityNm0MOAB
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd0845323080
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D46D773018D0B279C835EBAABDEF173853ECD359
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0168FC4C5857DE10F6282310D2E718A68FD30E50D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.194.122.228
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:33:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870516083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0285 SOUTH 400 EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOAB
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT

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