Civic Intelligence

Bruces Legacy Inc.

990EZ • Fiscal year 2020 • EIN 46-3818596

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

N6570 Riverview DrBlack 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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

56th percentile

9.4%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

67th percentile

21%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

-2.2%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$39,633

Up $6,830 (+21%) from 2019

Net Assets

Up

$39,349

Up $6,830 (+21%) from 2019

Liabilities

Flat

$284

Flat from 2019

Revenue

Down

$72,500

Down $1,600 (-2.2%) from 2019

Expenses

Down

$65,670

Down $29,438 (-31%) from 2019

Net Income

Up

$6,830

Up $27,838 (+133%) from 2019

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

2020

Assets$39,633
Liabilities$284
Net Assets$39,349

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

2020

Revenue$72,500
Expenses$65,670
Net Income$6,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.1
Gross Receipts
$72,500
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 2020 we participated in searches for 10 victims.-$37,950
Travel Expense: Services take place anywhere needed. Travel expenses are incurred to provide search & recovery outside of Black River Falls area.We also travel to educational mtgs-$15,489
Other program services-$762
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
N6570 Riverview Dr, Black River Falls, WI 54615

Signing Officer

Name
Keith Cormican
Title
Director
Phone
7158960726
Signed
2021-05-14
Discuss with paid preparer
No

Preparer

Firm
Coulee Business Services Inc
Address
11374 Main St P O Box 412, 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 2,838Supplies 2,842Equipment Lease 40,215Advertising 136Equipment Repairs & Maint 6,367Insurance 1,614Travel 7,119Misc 827

Description of other assets Part II line 24

Category Beginning of Year End of Yearother assets 6,883 9,367N/R Keith Cormican 6,000 4,589

Description of total liabilities Part II line 26

Category Beginning of Year End of YearN/P 284 284

Other program services Part III line 31

Advertising and fundraising expense.

Raw XML Appendix191 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/BooksInCareOfDetail/USAddress/CityNm0Black River Falls
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joshua Knutson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Whitehouse
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012883
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013956
IRS990EZ/OtherExpensesTotalAmt061958
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Assistance with underwater searches
IRS990EZ/ProgramServiceRevenueAmt055144
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Equipment Rental & Maint: We rely heavily on access to specialized equipment to locate victims underwater. In 2020 we participated in searches for 10 victims.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Travel Expense: Services take place anywhere needed. Travel expenses are incurred to provide search & recovery outside of Black River Falls area.We 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/ProgramServiceExpensesAmt037950
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt115489
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2762
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt065670
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IRS990EZ/TotalRevenueAmt072500
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 2,838Supplies 2,842Equipment Lease 40,215Advertising 136Equipment Repairs & Maint 6,367Insurance 1,614Travel 7,119Misc 827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of Yearother assets 6,883 9,367N/R Keith Cormican 6,000 4,589
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearN/P 284 284
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and fundraising expense.
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Keith Cormican
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ReturnHeader/BusinessOfficerGrp/PhoneNum07158960726
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
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ReturnHeader/Filer/BusinessNameControlTxt0BRUC
ReturnHeader/Filer/EIN0463818596
ReturnHeader/Filer/USAddress/AddressLine1Txt0N6570 Riverview Dr
ReturnHeader/Filer/USAddress/CityNm0Black River Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054615
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522389637
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Coulee Business Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011374 Main St P O Box 412
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Trempealeau
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054661
ReturnHeader/PreparerPersonGrp/PhoneNum06085345052
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sandra M Peterson
ReturnHeader/ReturnTs02021-05-14T17:58:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Keith
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cormican
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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