Civic Intelligence

Colossal Fossils Inc.

990EZ • Fiscal year 2018 • EIN 45-3747144

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 15, 2019

4049 Pine Tree RoadWausau, WI 54403

(715) 848-7190

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

85th percentile

$24,135

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$107,778

No earlier filing loaded for comparison.

Net Assets

$107,778

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$126,284

No earlier filing loaded for comparison.

Expenses

$49,350

No earlier filing loaded for comparison.

Net Income

$76,934

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $107,778Liabilities 2018: $0Net Assets 2018: $107,7782018Assets 2019: $102,121Liabilities 2019: $02019Assets 2020: $102,725Liabilities 2020: $25,0002020Assets 2021: $106,082Liabilities 2021: $25,000Net Assets 2021: $81,0822021

Highlighted filing

2018

Assets$107,778
Liabilities$0
Net Assets$107,778

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $126,284Expenses 2018: $49,350Net Income 2018: $76,9342018Revenue 2019: $87,543Expenses 2019: $93,200Net Income 2019: -$5,6572019Revenue 2020: $40,522Expenses 2020: $64,918Net Income 2020: -$24,3962020Revenue 2021: $39,781Expenses 2021: $36,424Net Income 2021: $3,3572021

Highlighted filing

2018

Revenue$126,284
Expenses$49,350
Net Income$76,934
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 15, 2019
Return Version
2018v3.1
Gross Receipts
$126,284
Mission and Program Overview

Mission

To educate the public under IRC Sec 501c3

This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of the internal revenue code section 501 (c) 3 or the corresponding provision of any future united states internal revenue law. Such purposes may include, but are not limited to, developing and maintaining a portable natural history museum that will travel to schools and other public sites to augment and further the education of the students and general public, said museum to include but not limted to replicas of fossils and other artifacts. In carrying out the purposes of this corportation, no distinction shall be made among the recipients on account of race, gender, religion, creed, disability, veteran status, national, or ethnic origin, or economic cirmustances. Chartibale purposes shall include the making of distributions to organizations qualifing as exempt organizations under section 501 (c) 3 of the internal revenue code or the corresponding provision of any

Program Services

DescriptionGrantsExpenses
THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE INTERNAL REVENUE CODE SECTION 501 (C) 3 OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. SUCH PURPOSES MAY INCLUDE, BUT ARE NOT LIMITED TO, DEVELOPING AND MAINTAINING A PORTABLE NATURAL HISTORY MUSEUM THAT WILL TRAVEL TO SCHOOLS AND OTHER PUBLIC SITES TO AUGMENT AND FURTHER THE EDUCATION OF THE STUDENTS AND GENERAL PUBLIC, SAID MUSEUM TO INCLUDE BUT NOT LIMTED TO REPLICAS OF FOSSILS AND OTHER ARTIFACTS. IN CARRYING OUT THE PURPOSES OF THIS CORPORTATION, NO DISTINCTION SHALL BE MADE AMONG THE RECIPIENTS ON ACCOUNT OF RACE, GENDER, RELIGION, CREED, DISABILITY, VETERAN STATUS, NATIONAL, OR ETHNIC ORIGIN, OR ECONOMIC CIRMUSTANCES. CHARTIBALE PURPOSES SHALL INCLUDE THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS QUALIFING AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) 3 OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. IN FULFILLMENT OF SUCH PURPOSES, THE CORPORATION MAY EXERCISE ANY AND ALL POWERS NOT INCOMPATIBLE WITH SUCH PURPOSES GRANTED TO A CORPORATION UNDER THE WISCONSIN NONSTOCK CORPORATION LAW. THIS ORGANIZATION SHALL BE ORGANIZED AND OPERATED AS A TAX-EXEMPT ENTITY UNDER FEDERAL AND WISCONSIN INCOME, GIFT, AND ESTATE TAX LAWS.-$43,956
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID DANIELSExecutive DiFT$24,135-$24,135
STEPHANIE DANIELSVice Preside-$0--
NICK SWEENEYPresident-$0--
JUSTEN WILLEMONSecretary-$0--
KATRINA ELGERSMATreasurer-$0--
PAT ESSELMANBoard Member-$0--
THOMAS BRADFORDBoard Member-$0--
STEPHEN SCHMIDTBoard Member-$0--
JILL BOWMANBoard Member-$0--
BRIAN MANSONBoard Member-$0--
CHIRSTINE DANIELSAdivsory Boa-$0--
Filing and Contact Details

Filer

Filer Name
Colossal Fossils Inc
EIN
45-3747144
Address
4049 PINE TREE ROAD, WAUSAU, WI 54403

Signing Officer

Name
David Daniels
Title
Executive Director
Phone
7158487190
Signed
2019-06-15

Preparer

Firm
Gassner Company Sc
Address
117 S 3RD AVE, WAUSAU, WI 54401-4635
Preparer
Alexander J Gassner
Phone
7158459231
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

Schedule b omitted from original return. Reclassified income and expenses to detail gift shop sales. Added detail on schedule a.

Form 990-ez, Part I, Line 16

Expenses advertising 2,035 office 1,904 postage 1,166 travel 5,144 insurance 1,002 displays 2,266 donations 1,576 board meetings 278 non-investment depreciation 3,959 total 19,330

Form 990-ez, Part II, Line 24

Pledges receivable 0 2,230 fixed assets 33,415 42,729 less accumulated depreciation 9,664 13,622 prepaid asset (t-rex) 0 10,000 total 23,751 41,337

Form 990-ez, Part III

This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of the internal revenue code section 501 (c) 3 or the corresponding provision of any future united states internal revenue law. Such purposes may include, but are not limited to, developing and maintaining a portable natural history museum that will travel to schools and other public sites to augment and further the education of the students and general public, said museum to include but not limted to replicas of fossils and other artifacts. In carrying out the purposes of this corportation, no distinction shall be made among the recipients on account of race, gender, religion, creed, disability, veteran status, national, or ethnic origin, or economic cirmustances. Chartibale purposes shall include the making of distributions to organizations qualifing as exempt organizations under section 501 (c) 3 of the internal revenue code or the corresponding provision of any future united states internal revenue law. In fulfillment of such purposes, the corporation may exercise any and all powers not incompatible with such purposes granted to a corporation under the wisconsin nonstock corporation law. This organization shall be organized and operated as a tax-exempt entity under federal and wisconsin income, gift, and estate tax laws.

Form 990-ez, Part III, Line 28

This corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of the internal revenue code section 501 (c) 3 or the corresponding provision of any future united states internal revenue law. Such purposes may include, but are not limited to, developing and maintaining a portable natural history museum that will travel to schools and other public sites to augment and further the education of the students and general public, said museum to include but not limted to replicas of fossils and other artifacts. In carrying out the purposes of this corportation, no distinction shall be made among the recipients on account of race, gender, religion, creed, disability, veteran status, national, or ethnic origin, or economic cirmustances. Chartibale purposes shall include the making of distributions to organizations qualifing as exempt organizations under section 501 (c) 3 of the internal revenue code or the corresponding provision of any future united states internal revenue law. In fulfillment of such purposes, the corporation may exercise any and all powers not incompatible with such purposes granted to a corporation under the wisconsin nonstock corporation law. This organization shall be organized and operated as a tax-exempt entity under federal and wisconsin income, gift, and estate tax laws.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHEDULE B OMITTED FROM ORIGINAL RETURN. RECLASSIFIED INCOME AND EXPENSES TO DETAIL GIFT SHOP SALES. ADDED DETAIL ON SCHEDULE A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 2,035 OFFICE 1,904 POSTAGE 1,166 TRAVEL 5,144 INSURANCE 1,002 DISPLAYS 2,266 DONATIONS 1,576 BOARD MEETINGS 278 NON-INVESTMENT DEPRECIATION 3,959 TOTAL 19,330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 0 2,230 FIXED ASSETS 33,415 42,729 LESS ACCUMULATED DEPRECIATION 9,664 13,622 PREPAID ASSET (T-REX) 0 10,000 TOTAL 23,751 41,337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE INTERNAL REVENUE CODE SECTION 501 (C) 3 OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. SUCH PURPOSES MAY INCLUDE, BUT ARE NOT LIMITED TO, DEVELOPING AND MAINTAINING A PORTABLE NATURAL HISTORY MUSEUM THAT WILL TRAVEL TO SCHOOLS AND OTHER PUBLIC SITES TO AUGMENT AND FURTHER THE EDUCATION OF THE STUDENTS AND GENERAL PUBLIC, SAID MUSEUM TO INCLUDE BUT NOT LIMTED TO REPLICAS OF FOSSILS AND OTHER ARTIFACTS. IN CARRYING OUT THE PURPOSES OF THIS CORPORTATION, NO DISTINCTION SHALL BE MADE AMONG THE RECIPIENTS ON ACCOUNT OF RACE, GENDER, RELIGION, CREED, DISABILITY, VETERAN STATUS, NATIONAL, OR ETHNIC ORIGIN, OR ECONOMIC CIRMUSTANCES. CHARTIBALE PURPOSES SHALL INCLUDE THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS QUALIFING AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) 3 OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. IN FULFILLMENT OF SUCH PURPOSES, THE CORPORATION MAY EXERCISE ANY AND ALL POWERS NOT INCOMPATIBLE WITH SUCH PURPOSES GRANTED TO A CORPORATION UNDER THE WISCONSIN NONSTOCK CORPORATION LAW. THIS ORGANIZATION SHALL BE ORGANIZED AND OPERATED AS A TAX-EXEMPT ENTITY UNDER FEDERAL AND WISCONSIN INCOME, GIFT, AND ESTATE TAX LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE INTERNAL REVENUE CODE SECTION 501 (C) 3 OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. SUCH PURPOSES MAY INCLUDE, BUT ARE NOT LIMITED TO, DEVELOPING AND MAINTAINING A PORTABLE NATURAL HISTORY MUSEUM THAT WILL TRAVEL TO SCHOOLS AND OTHER PUBLIC SITES TO AUGMENT AND FURTHER THE EDUCATION OF THE STUDENTS AND GENERAL PUBLIC, SAID MUSEUM TO INCLUDE BUT NOT LIMTED TO REPLICAS OF FOSSILS AND OTHER ARTIFACTS. IN CARRYING OUT THE PURPOSES OF THIS CORPORTATION, NO DISTINCTION SHALL BE MADE AMONG THE RECIPIENTS ON ACCOUNT OF RACE, GENDER, RELIGION, CREED, DISABILITY, VETERAN STATUS, NATIONAL, OR ETHNIC ORIGIN, OR ECONOMIC CIRMUSTANCES. CHARTIBALE PURPOSES SHALL INCLUDE THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS QUALIFING AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) 3 OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. IN FULFILLMENT OF SUCH PURPOSES, THE CORPORATION MAY EXERCISE ANY AND ALL POWERS NOT INCOMPATIBLE WITH SUCH PURPOSES GRANTED TO A CORPORATION UNDER THE WISCONSIN NONSTOCK CORPORATION LAW. THIS ORGANIZATION SHALL BE ORGANIZED AND OPERATED AS A TAX-EXEMPT ENTITY UNDER FEDERAL AND WISCONSIN INCOME, GIFT, AND ESTATE TAX LAWS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID DANIELS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07158487190
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLOSSAL FOSSILS INC
ReturnHeader/Filer/BusinessNameControlTxt0COLO
ReturnHeader/Filer/EIN0453747144
ReturnHeader/Filer/USAddress/AddressLine1Txt04049 PINE TREE ROAD
ReturnHeader/Filer/USAddress/CityNm0WAUSAU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054403
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C10AD1A5F8AC9305C942E1FCC0D26265A0C659F8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C10AD1A5F8AC9305C942E1FCC0D26265A0C659F8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.91.76.70
ReturnHeader/FilingSecurityInformation/IPDt02019-09-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:05:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391336018
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GASSNER COMPANY SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0117 S 3RD AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUSAU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0544014635
ReturnHeader/PreparerPersonGrp/PhoneNum07158459231
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEXANDER J GASSNER
ReturnHeader/ReturnTs02019-09-16T16:05:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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