Civic Intelligence

Cedar Growth

990 • Fiscal year 2017 • EIN 45-3971533

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

206 S Roosevelt Rd No 123Black River Falls, WI 54615-8806

(715) 284-2470

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

56th percentile

5.3%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

92%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,602,790

Up $80,040 (+5.3%) from 2016

Net Assets

Up

$1,587,024

Up $77,382 (+5.1%) from 2016

Liabilities

Up

$15,766

Up $2,658 (+20%) from 2016

Revenue

Up

$308,428

Up $147,550 (+92%) from 2016

Expenses

Down

$231,046

Down $27,276 (-11%) from 2016

Net Income

Up

$77,382

Up $174,826 (+179%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $1,623,686Liabilities 2015: $16,600Net Assets 2015: $1,607,0862015Assets 2016: $1,522,750Liabilities 2016: $13,108Net Assets 2016: $1,509,6422016Assets 2017: $1,602,790Liabilities 2017: $15,766Net Assets 2017: $1,587,0242017Assets 2018: $1,684,847Liabilities 2018: $18,939Net Assets 2018: $1,665,9082018Assets 2019: $2,910,864Liabilities 2019: $984,295Net Assets 2019: $1,926,5692019Assets 2020: $3,000,676Liabilities 2020: $1,046,390Net Assets 2020: $1,954,2862020Assets 2021: $3,273,383Liabilities 2021: $1,244,616Net Assets 2021: $2,028,7672021Assets 2022: $3,336,971Liabilities 2022: $1,191,809Net Assets 2022: $2,145,1622022Assets 2024: $3,100,258Liabilities 2024: $1,595,291Net Assets 2024: $1,504,9672024Assets 2025: $4,228,943Liabilities 2025: $1,428,177Net Assets 2025: $2,800,7662025

Highlighted filing

2017

Assets$1,602,790
Liabilities$15,766
Net Assets$1,587,024

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $404,260Expenses 2015: $291,589Net Income 2015: $112,6712015Revenue 2016: $160,878Expenses 2016: $258,322Net Income 2016: -$97,4442016Revenue 2017: $308,428Expenses 2017: $231,046Net Income 2017: $77,3822017Revenue 2018: $384,044Expenses 2018: $305,160Net Income 2018: $78,8842018Revenue 2019: $701,273Expenses 2019: $440,612Net Income 2019: $260,6612019Revenue 2020: $550,603Expenses 2020: $522,886Net Income 2020: $27,7172020Revenue 2021: $836,560Expenses 2021: $762,079Net Income 2021: $74,4812021Revenue 2022: $832,704Expenses 2022: $671,820Net Income 2022: $160,8842022Revenue 2024: $1,139,753Expenses 2024: $1,080,882Net Income 2024: $58,8712024Revenue 2025: $2,376,391Expenses 2025: $1,080,592Net Income 2025: $1,295,7992025

Highlighted filing

2017

Revenue$308,428
Expenses$231,046
Net Income$77,382
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$308,428
Mission and Program Overview

Mission

Our mission is to deliver exemplary services by providing financial education, training, and access to capital to support sustainable business and community development while improving the quality of life within our communities.

The organization has a primary mission of promoting community development in wisconsin. It is devoted to providing education, training, and direct lending of money to support community and business development and improved quality of life for native americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$911,659$887,546▼ $24,113
Cash and Non-Interest-Bearing Accounts$382,313$430,566▲ $48,253
Savings and Temporary Cash Investments$227,528$228,806▲ $1,278
Pledges and Grants Receivable-$52,753-
Prepaid Expenses and Deferred Charges-$1,300-
Land, Buildings, and Equipment, Net$0$539▲ $539
Accounts Receivable-$30-
Total Assets$1,522,750$1,602,790▲ $80,040
Other Assets Total$1,250$1,250→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,108$15,766▲ $2,658
Total Liabilities$13,108$15,766▲ $2,658
Net Assets / Fund Balance
Unrestricted Net Assets$1,481,796$1,443,505▼ $38,291
Temporarily Rstr Net Assets$27,846$143,519▲ $115,673
Total Net Assets Fund Balance$1,509,642$1,587,024▲ $77,382
Total Liabilities and Net Assets / Fund Balance$1,522,750$1,602,790▲ $80,040

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$539$16,402$16,941
Investment Program Related Org$887,546--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Forrest FunmakerExecutive DirectorFT$55,953$29,586$85,539
Francesca BirdInterim Executive DirectorFT$49,920$24,056$73,976
Becky Albert-breedChairperson-$1,200-$1,200
Clint BreedTreasurer-$1,200-$1,200
Eric LochenDirector-$1,200-$1,200
James WebsterDirector-$1,200-$1,200
Jeff McdonaldSecretary-$1,200-$1,200
Joan Greendeer-leeDirector-$1,200-$1,200
Roberta FunmakerVice Chairperson-$1,200-$1,200
Revenue and Support

Revenue Composition

Contributions and Grants
$192,939
Program Service Revenue
$114,211
Investment Income
$1,278
Other Revenue
$0
All Other Contributions
$192,939
Change in Net Assets
$77,382

Audited Revenue Reconciliation

Revenue per Audited Statements
$308,428
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$308,428
Total Revenue per Form 990
$308,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$155,368
Other Expenses$75,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,331$54,701-$104,032
Other Employee Benefits$9,815$9,650-$19,465
Payroll Taxes$8,275$8,136-$16,411
Occupancy$7,841$7,709-$15,550
Other Salaries and Wages$7,796$7,664-$15,460
Fees for Services Accounting-$8,351-$8,351
Information Technology$4,052$1,626-$5,678
Office Expenses$3,218$2,346-$5,564
Fees for Services Other$5,265--$5,265
Conferences and Meetings$2,390$2,572-$4,962
Other Expenses$4,319--$4,319
Travel$661$650-$1,311
Insurance$595$585-$1,180
All Other Expenses$581$571-$1,152
Depreciation Depletion$136$133-$269
Total Functional Expenses$126,352$104,694$0$231,046

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$231,046
Total Expenses per Audited Statements$231,046
Total Expenses per Form 990$231,046
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 A, Line 2

Clint breed and becky albert-breed have a family relationship.

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

The prepared form 990 is reviewed by the members of the governing body before the return is filed with the irs.

Form 990, Part VI, Section B, Line 15

The members of the governing body determine the executive director's and directors' compensation using data on compensation paid by comparable organizations for similar services.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
First Nations Community Financial
EIN
45-3971533
Phone
7152842470
Address
206 S ROOSEVELT RD NO 123, BLACK RIVER FALLS, WI 54615-8806

Signing Officer

Name
Francesca Bird
Title
Interim Executive Director
Phone
7152842470
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francesca Bird
Formed
2011
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
0
Employees
3
Volunteers
0

Preparer

Firm
Wegner Cpas Llp
Address
2110 LUANN LN, MADISON, WI 53713-3074
Preparer
Scott Haumersen CPA
Phone
6082744020
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IRS990/PYSalariesCompEmpBnftPaidAmt0173688
IRS990/PYTotalExpensesAmt0258322
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0160878
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt077382
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0114211
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0227528
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0228806
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0192939
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0324075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0567014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073239
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt075791
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0220103
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0567014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0192939
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0324075
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0567014
IRS990ScheduleA/TotalSupportAmt0653463
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03712
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt06946
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt010658
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/BookValueAmt0539
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016402
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016941
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0231046
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0887546
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOANS RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0308428
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0539
IRS990ScheduleD/TotalBookValueProgramRltdAmt0887546
IRS990ScheduleD/TotalExpensesPerForm990Amt0231046
IRS990ScheduleD/TotalRevenuePerForm990Amt0308428
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0308428
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0231046
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLINT BREED AND BECKY ALBERT-BREED HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PREPARED FORM 990 IS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE GOVERNING BODY DETERMINE THE EXECUTIVE DIRECTOR'S AND DIRECTORS' COMPENSATION USING DATA ON COMPENSATION PAID BY COMPARABLE ORGANIZATIONS FOR SIMILAR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027846
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0143519
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01522750
IRS990/TotalAssetsEOYAmt01602790
IRS990/TotalAssetsGrp/BOYAmt01522750
IRS990/TotalAssetsGrp/EOYAmt01602790
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0192939
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104694
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126352
IRS990/TotalFunctionalExpensesGrp/TotalAmt0231046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013108
IRS990/TotalLiabilitiesEOYAmt015766
IRS990/TotalLiabilitiesGrp/BOYAmt013108
IRS990/TotalLiabilitiesGrp/EOYAmt015766
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01509642
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01587024
IRS990/TotalOtherCompensationAmt053642
IRS990/TotalProgramServiceExpensesAmt0126352
IRS990/TotalProgramServiceRevenueAmt0114211
IRS990/TotalReportableCompFromOrgAmt0114273
IRS990/TotalRevenueGrp/ExclusionAmt01278
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0308428
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01522750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01602790
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0650
IRS990/TravelGrp/ProgramServicesAmt0661
IRS990/TravelGrp/TotalAmt01311
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01481796
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01443505
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0206 S ROOSEVELT RD NO 123
IRS990/USAddress/CityNm0BLACK RIVER FALLS
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0546158806
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCESCA BIRD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07152842470
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST NATIONS COMMUNITY FINANCIAL
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0453971533
ReturnHeader/Filer/PhoneNum07152842470
ReturnHeader/Filer/USAddress/AddressLine1Txt0206 S ROOSEVELT RD NO 123
ReturnHeader/Filer/USAddress/CityNm0BLACK RIVER FALLS

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