Civic Intelligence

Bruces Legacy Inc.

990EZ • Fiscal year 2017 • EIN 46-3818596

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 30, 2018

942 Red Iron RdBlack River Falls, WI 54615

(715) 896-0726

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

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

35th percentile

-9.0%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Up

$52,173

Up $13,154 (+34%) from 2016

Net Assets

$51,888

No earlier filing loaded for comparison.

Liabilities

Flat

$285

Flat from 2016

Revenue

Down

$93,290

Down $9,246 (-9.0%) from 2016

Expenses

Up

$80,137

Up $21,677 (+37%) from 2016

Net Income

Down

$13,153

Down $30,923 (-70%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $39,749Liabilities 2013: $1,0052013Assets 2014: $11,555Liabilities 2014: $1,0052014Assets 2016: $39,019Liabilities 2016: $2852016Assets 2017: $52,173Liabilities 2017: $285Net Assets 2017: $51,8882017Assets 2018: $53,811Liabilities 2018: $284Net Assets 2018: $53,5272018Assets 2019: $32,803Liabilities 2019: $284Net Assets 2019: $32,5192019Assets 2020: $39,633Liabilities 2020: $284Net Assets 2020: $39,3492020Assets 2021: $121,423Liabilities 2021: $0Net Assets 2021: $121,4232021Assets 2022: $236,875Liabilities 2022: $0Net Assets 2022: $236,8752022Assets 2023: $246,660Liabilities 2023: $0Net Assets 2023: $246,6602023Assets 2024: $242,890Liabilities 2024: $0Net Assets 2024: $242,8902024

Highlighted filing

2017

Assets$52,173
Liabilities$285
Net Assets$51,888

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $59,589Expenses 2013: $20,845Net Income 2013: $38,7442013Revenue 2014: $52,621Expenses 2014: $80,815Net Income 2014: -$28,1942014Revenue 2016: $102,536Expenses 2016: $58,460Net Income 2016: $44,0762016Revenue 2017: $93,290Expenses 2017: $80,137Net Income 2017: $13,1532017Revenue 2018: $62,686Expenses 2018: $61,047Net Income 2018: $1,6392018Revenue 2019: $74,100Expenses 2019: $95,108Net Income 2019: -$21,0082019Revenue 2020: $72,500Expenses 2020: $65,670Net Income 2020: $6,8302020Revenue 2021: $116,173Expenses 2021: $34,383Net Income 2021: $81,7902021Revenue 2022: $188,236Expenses 2022: $72,780Net Income 2022: $115,4562022Revenue 2023: $67,578Expenses 2023: $57,793Net Income 2023: $9,7852023Revenue 2024: $103,436Expenses 2024: $107,206Net Income 2024: -$3,7702024

Highlighted filing

2017

Revenue$93,290
Expenses$80,137
Net Income$13,153
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 30, 2018
Return Version
2017v2.2
Gross Receipts
$93,290
Mission and Program Overview

Mission

Assistance with underwater searches

Program Services

DescriptionGrantsExpenses
Equipment Rental & Maint We rely heavily on access to specialized equipment to locate victims underwater In 2017 we participated in searches for 18 victims-$55,439
Travel Expense Services take place anywhere needed Travel expenses are incurred to provide search & recovery outside of Black River Falls areaWe also travel to educational mtgs-$14,927
Other program services-$2,141
Equipment training expense incurred so we will be able to safely and efficiently operate the equipment necessary for our missions We did not have training this year--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith CormicanDirectorPT$0--
Jeremy CormicanSecretary-$0--
Brian AndersonTreasurer-$0--
Joshua KnutsonDirector-$0--
David WhitehouseDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bruces Legacy Inc
EIN
46-3818596
Address
942 Red Iron Rd, Black River Falls, WI 54615

Signing Officer

Name
Keith Cormican
Title
Director
Phone
7158960726
Signed
2018-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Coulee Business Services Inc
Address
11374 Main St, Trempealeau, WI 54661
Preparer
Sandra M Peterson
Phone
6085345052
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 3,346Supplies 3,316Equipment Lease 48,926Advertising 307Equipment Repairs & Maint 6,512Insurance 364Travel 14,927Registration Fee 64

Description of other assets Part II line 24

Category Beginning of Year End of Yearother assets 8,054 7,405

Description of total liabilities Part II line 26

Category Beginning of Year End of YearA/P 285 285

Other program services Part III line 31

Postage - $311.00Advertising - $307.00Supplies - $1,523.00

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeremy Cormican
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Anderson
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Whitehouse
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08054
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07405
IRS990EZ/OtherExpensesTotalAmt077762
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IRS990EZ/PrintingPublicationsPostageAmt0311
IRS990EZ/ProgramServiceRevenueAmt063007
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Travel Expense Services take place anywhere needed Travel expenses are incurred to provide search & recovery outside of Black River Falls areaWe also travel to educational mtgs
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Equipment training expense incurred so we will be able to safely and efficiently operate the equipment necessary for our missions We did not have training this year
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055439
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt093290
IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 3,346Supplies 3,316Equipment Lease 48,926Advertising 307Equipment Repairs & Maint 6,512Insurance 364Travel 14,927Registration Fee 64
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of Yearother assets 8,054 7,405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearA/P 285 285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Postage - $311.00Advertising - $307.00Supplies - $1,523.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Keith Cormican
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07158960726
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bruces Legacy Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRUC
ReturnHeader/Filer/EIN0463818596
ReturnHeader/Filer/USAddress/AddressLine1Txt0942 Red Iron Rd
ReturnHeader/Filer/USAddress/CityNm0Black River Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054615
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.4.103.23
ReturnHeader/FilingSecurityInformation/IPDt02018-10-12
ReturnHeader/FilingSecurityInformation/IPTm016:43:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522389637
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Coulee Business Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011374 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Trempealeau
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054661
ReturnHeader/PreparerPersonGrp/PhoneNum06085345052
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sandra M Peterson
ReturnHeader/ReturnTs02018-08-29T14:30:43-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings