Civic Intelligence

Signal Return Inc.

990 • Fiscal year 2019 • EIN 45-2694042

Jul 01, 2018 to Jun 30, 2019 • Filed on May 06, 2020

1345 Division St No 102Detroit, MI 48207

(313) 567-8970

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

44th percentile

0.8%

Higher net margin than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$45,297

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

44th percentile

-0.1%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

62nd percentile

9.3%

Faster revenue growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$137,638

Down $156 (-0.1%) from 2018

Net Assets

Up

$131,873

Up $1,696 (+1.3%) from 2018

Liabilities

Down

$5,765

Down $1,852 (-24%) from 2018

Revenue

Up

$210,884

Up $17,900 (+9.3%) from 2018

Expenses

Up

$209,188

Up $11,771 (+6.0%) from 2018

Net Income

Up

$1,696

Up $6,129 (+138%) from 2018

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

2019

Assets$137,638
Liabilities$5,765
Net Assets$131,873

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

2019

Revenue$210,884
Expenses$209,188
Net Income$1,696
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 6, 2020
Return Version
2018v3.1
Gross Receipts
$214,275
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$65,917$56,353▼ $9,564
Accounts Receivable$14,205$50,935▲ $36,730
Cash and Non-Interest-Bearing Accounts$55,372$27,550▼ $27,822
Prepaid Expenses and Deferred Charges-$500-
Total Assets$137,794$137,638▼ $156
Other Assets Total$2,300$2,300→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,617$5,765▼ $1,852
Total Liabilities$7,617$5,765▼ $1,852
Net Assets / Fund Balance
Unrestricted Net Assets$99,177$131,873▲ $32,696
Temporarily Rstr Net Assets$31,000$0▼ $31,000
Total Net Assets Fund Balance$130,177$131,873▲ $1,696
Total Liabilities and Net Assets / Fund Balance$137,794$137,638▼ $156

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,215$21,870-
Leasehold Improvements$40,138$42,905-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynne AvadenkaArtistic DirectorFT$45,297$45,297

Board Members and Trustees

NameTitle
Erica BattleBoard Chair
Anne RuffleyDirector
Chantel RushDirector
Gretchen ValadeDirector
Karl DornDirector
Katrina DesmondDirector
Marc SchwartzDirector
Mary TrybusDirector
Michelle AndonianDirector
Peter FalzonDirector
Ronica DharDirector
Toby BarlowDirector
Ben BatorSecretary
Maria DueyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,001
Program Service Revenue
$38,883
Investment Income
$0
Other Revenue
$48,000
All Other Contributions
$103,992
Change in Net Assets
$1,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,831
Other Expenses$90,357
Total Fundraising Expense$17,663
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,697$9,693$3,231$64,621
Current Officers, Directors, Trustees, and Key Employees$22,648$11,324$11,324$45,296
Occupancy$22,592--$22,592
Depreciation Depletion$9,564--$9,564
Payroll Taxes$6,061$1,694$1,159$8,914
Fees for Services Accounting-$8,335-$8,335
Insurance$2,301$431$144$2,876
Office Expenses$1,885$353$118$2,356
Fees for Services Other$1,403$392$268$2,063
Advertising$421--$421
Other Expenses$375-$1,419$375
All Other Expenses-$255-$255
Fees for Services Legal-$105-$105
Total Functional Expenses$158,943$32,582$17,663$209,188
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,391
Fundraising Gross Income$3,391
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 12C

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 guidestar.

Form 990, Part VI, Section C, Line 19

Financial information is available upon request and is accessible through guidestar.

Filing and Contact Details

Filer

Filer Name
Signal Return Inc
EIN
45-2694042
Phone
3135678970
Address
1345 DIVISION ST NO 102, DETROIT, MI 48207

Signing Officer

Name
Lynne Avadenka
Title
Artistic Director
Phone
3135678970
Signed
2020-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Avadenka
Formed
2014
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
25

Preparer

Firm
Uhy Advisors Mi Inc
Address
27725 STANSBURY BLVD SUITE 210, FARMINGTON HILLS, MI 48334
Preparer
Michael Santicchia
Phone
2483550280
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IRS990/OtherExpensesGrp/ProgramServicesAmt118343
IRS990/OtherExpensesGrp/ProgramServicesAmt2375
IRS990/OtherExpensesGrp/TotalAmt021653
IRS990/OtherExpensesGrp/TotalAmt118343
IRS990/OtherExpensesGrp/TotalAmt21419
IRS990/OtherExpensesGrp/TotalAmt3375
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT SERVICES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048000
IRS990/OtherRevenueTotalAmt048000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03231
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09693
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051697
IRS990/OtherSalariesAndWagesGrp/TotalAmt064621
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01159
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01694
IRS990/PayrollTaxesGrp/ProgramServicesAmt06061
IRS990/PayrollTaxesGrp/TotalAmt08914
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0500
IRS990/PrincipalOfficerNm0LYNNE AVADENKA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc1PRINTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021614
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117269
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117269
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0125625
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt075060
IRS990/PYOtherRevenueAmt048000
IRS990/PYProgramServiceRevenueAmt019359
IRS990/PYRevenuesLessExpensesAmt0-4433
IRS990/PYSalariesCompEmpBnftPaidAmt0122357
IRS990/PYTotalExpensesAmt0197417
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0192984
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt01696
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt038884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0124003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0206309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0186801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt064600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0707338
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0174072
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0707338
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0124003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0206309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0186801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt064600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0707338
IRS990ScheduleA/TotalSupportAmt0707338
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/BookValueAmt016215
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021870
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt038085
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040138
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042905
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt083043
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056353
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 GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST AND IS ACCESSIBLE THROUGH GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
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
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/ShareOfTotalIncomeAmt048000
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

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