Civic Intelligence

Signal Return Inc.

990 • Fiscal year 2017 • EIN 45-2694042

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

1345 Division StDetroit, MI 48207

(313) 567-8970

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

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

Top Officer Pay

91st percentile

$44,142

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

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

Asset Growth

98th percentile

604%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$135,315

Up $116,084 (+604%) from 2016

Net Assets

Up

$134,610

Up $115,379 (+600%) from 2016

Liabilities

$705

No earlier filing loaded for comparison.

Revenue

Up

$274,139

Up $87,338 (+47%) from 2016

Expenses

Up

$234,163

Up $57,999 (+33%) from 2016

Net Income

Up

$39,976

Up $29,339 (+276%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $79,273Liabilities 2013: $02013Assets 2014: $12,130Net Assets 2014: $12,1302014Assets 2015: $8,594Net Assets 2015: $8,5942015Assets 2016: $19,231Net Assets 2016: $19,2312016Assets 2017: $135,315Liabilities 2017: $705Net Assets 2017: $134,6102017Assets 2018: $137,794Liabilities 2018: $7,617Net Assets 2018: $130,1772018Assets 2019: $137,638Liabilities 2019: $5,765Net Assets 2019: $131,8732019Assets 2020: $252,288Liabilities 2020: $24,798Net Assets 2020: $227,4902020Assets 2021: $347,896Liabilities 2021: $27,694Net Assets 2021: $320,2022021Assets 2022: $373,470Liabilities 2022: $8,184Net Assets 2022: $365,2862022Assets 2023: $913,733Liabilities 2023: $10,854Net Assets 2023: $902,8792023Assets 2024: $1,102,915Liabilities 2024: $195,069Net Assets 2024: $907,8462024

Highlighted filing

2017

Assets$135,315
Liabilities$705
Net Assets$134,610

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $199,629Expenses 2013: $170,031Net Income 2013: $29,5982013Revenue 2014: $149,461Expenses 2014: $222,452Net Income 2014: -$72,9912014Revenue 2015: $123,297Expenses 2015: $126,833Net Income 2015: -$3,5362015Revenue 2016: $186,801Expenses 2016: $176,164Net Income 2016: $10,6372016Revenue 2017: $274,139Expenses 2017: $234,163Net Income 2017: $39,9762017Revenue 2018: $192,984Expenses 2018: $197,417Net Income 2018: -$4,4332018Revenue 2019: $210,884Expenses 2019: $209,188Net Income 2019: $1,6962019Revenue 2020: $300,427Expenses 2020: $204,810Net Income 2020: $95,6172020Revenue 2021: $261,758Expenses 2021: $169,046Net Income 2021: $92,7122021Revenue 2022: $305,306Expenses 2022: $260,222Net Income 2022: $45,0842022Revenue 2023: $801,120Expenses 2023: $263,527Net Income 2023: $537,5932023Revenue 2024: $327,321Expenses 2024: $322,354Net Income 2024: $4,9672024

Highlighted filing

2017

Revenue$274,139
Expenses$234,163
Net Income$39,976
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$274,139
Mission and Program Overview

Mission

The organization's mission is: 1. To serve the greater community with the commerce of print and type 2. To connect visiting artists, authors and designers to a local hive of production 3. To teach hands-on experience in printing and typography to a wide demographic 4. To produce relevant, challenging and beautiful work

Signal-Return is a Detroit community arts education center dedicated to the preservation of the art and craft of letterpress printing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,175$62,898▲ $60,723
Cash and Non-Interest-Bearing Accounts$17,056$55,717▲ $38,661
Accounts Receivable-$14,500-
Total Assets$19,231$135,315▲ $116,084
Other Assets Total-$2,200-
Liabilities
Accounts Payable and Accrued Expenses-$705-
Total Liabilities$0$705▲ $705
Net Assets / Fund Balance
Unrestricted Net Assets$19,231$90,610▲ $71,379
Temporarily Rstr Net Assets-$44,000-
Total Net Assets Fund Balance$19,231$134,610▲ $115,379
Total Liabilities and Net Assets / Fund Balance$19,231$135,315▲ $116,084

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,688$13,897-
Leasehold Improvements$51,210$31,833-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynne AvadenkaArtistic DirectorFT$44,142$44,142

Board Members and Trustees

NameTitle
Toby BarlowBoard Chair
Aaron Foleydirector
Chantel Rushdirector
Elizabeth Youngblooddirector
Karl Dorndirector
Marc Schwartzdirector
Mary Trybusdirector
Michelle Andoniandirector
Nichole Christiandirector
Ray Wertdirector
Tim Van Laardirector
Ben BatorSecretary
Erica BattleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$204,653
Program Service Revenue
$19,830
Investment Income
$0
Other Revenue
$49,656
All Other Contributions
$182,153
Change in Net Assets
$39,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$124,687
Other Expenses$109,476
Total Fundraising Expense$13,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,704$10,633$3,544$70,881
Current Officers, Directors, Trustees, and Key Employees$35,314$6,621$2,207$44,142
Occupancy$16,470--$16,470
Advertising$11,974--$11,974
Payroll Taxes$7,731$1,450$483$9,664
Depreciation Depletion$8,728--$8,728
Insurance$4,078$765$255$5,098
All Other Expenses$2,403$1,123$73$3,599
Other Expenses$7,861$2,874$2,696$2,696
Fees for Services Accounting-$2,540-$2,540
Fees for Services Other-$1,477-$1,477
Travel$48--$48
Total Functional Expenses$193,452$27,483$13,228$234,163
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,656
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The executive committee of the board of directors, along with the Artistic Director, reviews the Form 990 prior to filing.

Form 990, Part VI, Section B, line 12

Officers and directors are required to disclose annually any interest that could give rise to potential conflict.

Form 990, Part VI, Section B, line 15A

The executive committee reviews annual compensation and determines the proper level of compensation for the organization's artistic director.

Form 990, Part VI, Section C, line 18

Financial information is available upon request and is accessible through the internet or GuideStar.

Form 990, Part VI, Section C, line 19

Governing documents are available for public inspection upon request either in person or by mail.

Filing and Contact Details

Filer

Filer Name
Signal Return Inc
EIN
45-2694042
Phone
3135678970
Address
1345 Division St, Detroit, MI 48207

Signing Officer

Name
Lynne Advadenka
Title
Artistic Director
Phone
3135678970
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Avadenka
Formed
2014
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
25

Preparer

Firm
UHY Advisors MI Inc
Address
27725 Stansbury Blvd Suite 210, Farmington Hills, MI 48334
Preparer
Mike Santicchia
Phone
2483550280
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1:

The organization changed from cash to accrual accounting.

Financial Statement Notes

Part X, Line 2:

ASC guidance regarding accounting for uncertainty in income taxes clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. At June 30, 2017 and 2016, there were no uncertain tax positions that require accrual.

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IRS990/PrincipalOfficerNm0Lynne Avadenka
IRS990/PriorPeriodAdjustmentsAmt075403
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Workshops
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019830
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt080393
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt057122
IRS990/PYOtherRevenueAmt043715
IRS990/PYProgramServiceRevenueAmt062693
IRS990/PYRevenuesLessExpensesAmt010637
IRS990/PYSalariesCompEmpBnftPaidAmt0119042
IRS990/PYTotalExpensesAmt0176164
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0186801
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt039976
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019830
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0206309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0186801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt064600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0103700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0586941
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt067830
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0586941
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0206309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0186801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt064600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0103700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0586941
IRS990ScheduleA/TotalSupportAmt0586941
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/BookValueAmt011688
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013897
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt025585
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt051210
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031833
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt083043
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC guidance regarding accounting for uncertainty in income taxes clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. At June 30, 2017 and 2016, there were no uncertain tax positions that require accrual.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062898
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The executive committee of the board of directors, along with the Artistic Director, reviews the Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and directors are required to disclose annually any interest that could give rise to potential conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The executive committee reviews annual compensation and determines the proper level of compensation for the organization's artistic director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial information is available upon request and is accessible through the internet or GuideStar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are available for public inspection upon request either in person or by mail.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization changed from cash to accrual accounting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 1:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0455517246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0retail - gift shop
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Division Edition inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01345 Division st suite 102
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0detroit
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd048207
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt036000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt112000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Allocation of facilities to DE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Allocation of management to DE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Division Edition Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Division Edition Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt044000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00

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