Civic Intelligence

Bruces Legacy Inc.

990EZ • Fiscal year 2022 • EIN 46-3818596

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 04, 2023

W11099 Clark 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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

91st percentile

95%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

62%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$236,875

Up $115,452 (+95%) from 2021

Net Assets

Up

$236,875

Up $115,452 (+95%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$188,236

Up $72,063 (+62%) from 2021

Expenses

Up

$72,780

Up $38,397 (+112%) from 2021

Net Income

Up

$115,456

Up $33,666 (+41%) from 2021

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

2022

Assets$236,875
Liabilities$0
Net Assets$236,875

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

2022

Revenue$188,236
Expenses$72,780
Net Income$115,456
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 4, 2023
Return Version
2022v5.0
Gross Receipts
$188,236
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.-$36,830
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-$18,583
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
W11099 Clark Rd, Black River Falls, WI 54615

Signing Officer

Name
Keith Cormican
Title
Director
Phone
7158960726
Signed
2023-10-04
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 10,035Fees & Interest 428Equipment Lease 11,108Advertising 539Equipment Repairs & Maint 12,153Insurance 2,912Travel 21,346Telephone & Internet 770Misc. 2,017

Other changes in net assets or fund balances Part I line 20

Description AmountAdjustment to fixed assets (4)-4.00 previous year adjustment to fixed assets

Description of other assets Part II line 24

Category Beginning of Year End of YearDepreciable Assets 28,914 50,293N/R Search & Recovery 4,589 4,589Boat, trailer, SONAR, computers and other equipment necessary for underwater searches.

Other program services Part III line 31

Advertising and fundraising expense.

Raw XML Appendix180 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/TitleTxt4Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-4
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IRS990EZ/PrimaryExemptPurposeTxt0Assistance with underwater searches
IRS990EZ/PrintingPublicationsPostageAmt02813
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Equipment Rental & Maint: We rely heavily on access to specialized equipment to locate victims underwater.
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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 10,035Fees & Interest 428Equipment Lease 11,108Advertising 539Equipment Repairs & Maint 12,153Insurance 2,912Travel 21,346Telephone & Internet 770Misc. 2,017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAdjustment to fixed assets (4)-4.00 previous year adjustment to fixed assets
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearDepreciable Assets 28,914 50,293N/R Search & Recovery 4,589 4,589Boat, trailer, SONAR, computers and other equipment necessary for underwater searches.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and fundraising expense.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum07158960726
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-04
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ReturnHeader/Filer/EIN0463818596
ReturnHeader/Filer/USAddress/AddressLine1Txt0W11099 Clark Rd
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
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ReturnHeader/PreparerPersonGrp/PhoneNum06085345052
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sandra M Peterson
ReturnHeader/ReturnTs02023-10-06T12:26:33-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Keith
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cormican
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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