Civic Intelligence

The Gathering Source Inc.

990 • Fiscal year 2019 • EIN 46-2956183

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 26, 2020

W7115 State Road 60-16Juneau, WI 53039

(920) 927-1702

Siviq Scores

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

Liabilities / Assets

89th percentile

0.43x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

0.68x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

17th percentile

-32%

Faster revenue growth than 17% of similar nonprofits.

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

Assets

Up

$282,039

Up $93,759 (+50%) from 2018

Net Assets

Down

$162,058

Down $26,222 (-14%) from 2018

Liabilities

Up

$119,981

Up $119,981 from 2018

Revenue

Down

$175,827

Down $81,200 (-32%) from 2018

Expenses

Down

$202,049

Down $16,096 (-7.4%) from 2018

Net Income

Down

-$26,222

Down $65,104 (-167%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $29,780Liabilities 2014: $02014Assets 2015: $39,293Liabilities 2015: $02015Assets 2016: $119,218Liabilities 2016: $2,991Net Assets 2016: $116,2272016Assets 2017: $150,769Liabilities 2017: $1,371Net Assets 2017: $149,3982017Assets 2018: $188,280Liabilities 2018: $0Net Assets 2018: $188,2802018Assets 2019: $282,039Liabilities 2019: $119,981Net Assets 2019: $162,0582019Assets 2020: $448,981Liabilities 2020: $216,244Net Assets 2020: $232,7372020Assets 2021: $467,017Liabilities 2021: $192,031Net Assets 2021: $274,9862021Assets 2022: $452,469Liabilities 2022: $182,307Net Assets 2022: $270,1622022Assets 2023: $499,048Liabilities 2023: $132,758Net Assets 2023: $366,2902023Assets 2024: $947,164Liabilities 2024: $264,527Net Assets 2024: $682,6372024

Highlighted filing

2019

Assets$282,039
Liabilities$119,981
Net Assets$162,058

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $142,486Expenses 2014: $120,682Net Income 2014: $21,8042014Revenue 2015: $185,847Expenses 2015: $179,508Net Income 2015: $6,3392015Revenue 2016: $340,815Expenses 2016: $260,301Net Income 2016: $80,5142016Revenue 2017: $257,068Expenses 2017: $223,897Net Income 2017: $33,1712017Revenue 2018: $257,027Expenses 2018: $218,145Net Income 2018: $38,8822018Revenue 2019: $175,827Expenses 2019: $202,049Net Income 2019: -$26,2222019Revenue 2020: $296,445Expenses 2020: $225,766Net Income 2020: $70,6792020Revenue 2021: $250,584Expenses 2021: $208,335Net Income 2021: $42,2492021Revenue 2022: $288,321Expenses 2022: $285,392Net Income 2022: $2,9292022Revenue 2023: $386,199Expenses 2023: $293,626Net Income 2023: $92,5732023Revenue 2024: $728,264Expenses 2024: $411,917Net Income 2024: $316,3472024

Highlighted filing

2019

Revenue$175,827
Expenses$202,049
Net Income-$26,222
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 26, 2020
Return Version
2019v5.1
Gross Receipts
$215,211
Mission and Program Overview

Mission

We are devoted to caring for hunger education and wellness in our rural communities in partnership with schools churches & organizations.

Caring for hunger, education and wellness in our rural communities. Food pantry and resource center for economically disadvantaged individuals and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$65,376$207,480▲ $142,104
Cash and Non-Interest-Bearing Accounts$64,661$63,180▼ $1,481
Inventories for Sale or Use$37,922$10,139▼ $27,783
Savings and Temporary Cash Investments$18,565$1,240▼ $17,325
Total Assets$188,280$282,039▲ $93,759
Other Assets Total$1,756--
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$116,301▲ $116,301
Other Liabilities$0$3,680▲ $3,680
Total Liabilities$0$119,981▲ $119,981
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,328$162,058▲ $15,730
Net Assets With Donor Restrictions$41,952$0▼ $41,952
Total Net Assets Fund Balance$188,280$162,058▼ $26,222
Total Liabilities and Net Assets / Fund Balance$188,280$282,039▲ $93,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$156,146$650$156,796
Equipment$26,334$25,260$51,594
Land$25,000-$25,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sharon SnowBoard President
Amy NehlsDirector
Pattie CarrollDirector
Laurel LundeExecutive Director
Esther PollnowSecretary
Sandra KlisterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$173,467
Program Service Revenue
$0
Investment Income
$-4,264
Other Revenue
$6,624
All Other Contributions
$168,634
Change in Net Assets
$-26,222

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory59,848$96,954$1.62/LB PER SECOND
Other Non Cash Contri Table1$3,716Thrift Value
Total Noncash Contributions59,849$100,670-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$202,049
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,880$4,833-$7,713
Depreciation Depletion$4,780$2,118-$6,898
All Other Expenses$2,119$4,210-$6,329
Insurance$2,007$947-$2,954
Office Expenses-$2,703-$2,703
Other Expenses$2,316$2,941-$2,316
Advertising$175$1,186-$1,361
Interest-$957-$957
Fees for Services Accounting-$808-$808
Total Functional Expenses$181,346$20,703$0$202,049
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$8,839
Fundraising Direct Expenses$5,529
Fundraising Gross Income$4,459
Gaming Direct Expenses$1,145
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
Real Estate Tax Payable$3,680
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 35% controlled entity
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
No
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 990 will be made available to all members of the governing body at the organization's office for their reivew prior to filing. In addition, the 990 will be reviewed in detail by the executive director and the board treasurer prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with the conflict of interest policy by requiring officers and directors to annually disclose any interest that could give rise to conflicts. In addition, as the organization enters into any new agreements or relationships with vendors the board discusses the action to make sure there are no unknown conflicts. Due to the size of the organization the executive director and the board are both able to provide the checks and balances to prevent any conflicts of interest that would be detrimental to the organization.

Form 990, Part VI, Section C, Line 19

The organization makes all governing documents, the conflict of interest policy, the whistleblowers policy, as well as other policies and the annual financial statements available to the public upon request at the organizations office.

Filing and Contact Details

Filer

Filer Name
The Gathering Source Inc
EIN
46-2956183
Phone
9209271702
Address
W7115 STATE ROAD 60-16, JUNEAU, WI 53039

Signing Officer

Name
Laurel Lunde
Title
Executive Director
Phone
9209271702
Signed
2020-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurel Lunde
Formed
2013
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
45

Preparer

Firm
O'CONNOR WELLS & VANDER WERFF LLC
Address
111 E MAIN STREET, WAUPUN, WI 53963
Preparer
Peter Vander Werff
Phone
9203249711
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt088
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84340
IRS990ScheduleA/PublicSupportPY170Pct00.88520
IRS990ScheduleA/PublicSupportTotal170Amt01007540
IRS990ScheduleA/SubstantialContributorsTotAmt0187039
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0173467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0251243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0249576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0334446
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0185847
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01194579
IRS990ScheduleA/TotalSupportAmt01194667
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/BuildingsGrp/BookValueAmt0156146
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0650
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0156796
IRS990ScheduleD/EquipmentGrp/BookValueAmt026334
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025260
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051594
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REAL ESTATE TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0207480
IRS990ScheduleD/TotalLiabilityAmt03680
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt059848
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0$1.62/LB PER SECOND
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0THRIFT VALUE
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt03716
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0FOR LINE 19, THERE WERE MULTIPLE DONORS THAT CONTRIBUTED TO THE TOTAL 59,848 POUNDS OF FOOD. FOR LINE 25, SUPPLY DONATIONS WERE OBTAINED FROM COMMUNITY APPEALS.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY AT THE ORGANIZATION'S OFFICE FOR THEIR REIVEW PRIOR TO FILING. IN ADDITION, THE 990 WILL BE REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR AND THE BOARD TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. IN ADDITION, AS THE ORGANIZATION ENTERS INTO ANY NEW AGREEMENTS OR RELATIONSHIPS WITH VENDORS THE BOARD DISCUSSES THE ACTION TO MAKE SURE THERE ARE NO UNKNOWN CONFLICTS. DUE TO THE SIZE OF THE ORGANIZATION THE EXECUTIVE DIRECTOR AND THE BOARD ARE BOTH ABLE TO PROVIDE THE CHECKS AND BALANCES TO PREVENT ANY CONFLICTS OF INTEREST THAT WOULD BE DETRIMENTAL TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, THE WHISTLEBLOWERS POLICY, AS WELL AS OTHER POLICIES AND THE ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATIONS OFFICE.
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 C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0188280
IRS990/TotalAssetsEOYAmt0282039
IRS990/TotalAssetsGrp/BOYAmt0188280
IRS990/TotalAssetsGrp/EOYAmt0282039
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0173467
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020703
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0202049
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0119981
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0119981
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0162058
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt04879
IRS990/TotalProgramServiceExpensesAmt0181346
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06662
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-4302
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0175827
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0188280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0282039
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0N2799 CROSSBILL RD
IRS990/USAddress/CityNm0REESEVILLE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053579
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.THEGATHERINGSOURCE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAUREL LUNDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09209271702
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GATHERING SOURCE INC
ReturnHeader/Filer/BusinessNameControlTxt0GATH
ReturnHeader/Filer/EIN0462956183
ReturnHeader/Filer/PhoneNum09209271702
ReturnHeader/Filer/USAddress/AddressLine1Txt0W7115 STATE ROAD 60-16
ReturnHeader/Filer/USAddress/CityNm0JUNEAU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053039
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BF9AA6788C12CBA1DA1651B89D3AE00C7A9C82E6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F98A1C395BCD24362D6CD4007ACB095A6C7F609E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.187.111.108
ReturnHeader/FilingSecurityInformation/IPDt02020-10-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:51:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391742997
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'CONNOR WELLS & VANDER WERFF LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 E MAIN STREET

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