Civic Intelligence

Bruces Legacy Inc.

990EZ • Fiscal year 2023 • EIN 46-3818596

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

Organization ProfileBrucesLegacy.com
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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

56th percentile

4.1%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-64%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$246,660

Up $9,785 (+4.1%) from 2022

Net Assets

Up

$246,660

Up $9,785 (+4.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin68th percentile

Revenue

Down

$67,578

Down $120,658 (-64%) from 2022

Expenses

Down

$57,793

Down $14,987 (-21%) from 2022

Net Income

Down

$9,785

Down $105,671 (-92%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

2023

Assets$246,660
Liabilities$0
Net Assets$246,660
Open 2023 Filing

Operations Trend

Revenue Growth8th percentile

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

2023

Revenue$67,578
Expenses$57,793
Net Income$9,785
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.1
Gross Receipts
$67,578
Mission and Program Overview

Mission

Assistance with underwater searches

Program Services

DescriptionGrantsExpenses
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-$12,990
Equipment Rental & Maint: We rely heavily on access to specialized equipment to locate victims underwater.-$11,433
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
Top Officer Pay78th percentile

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
President
Phone
7158960726
Signed
2024-05-13
Discuss with paid preparer
No

Preparer

Firm
Coulee Business Services Inc
Address
11374 Main St PO 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 27,858Equipment Repairs & Maint 11,433Travel 12,990”

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

“-4.00 previous year adjustment to fixed assets”

Description of other assets Part II line 24

“Category Beginning of Year End of YearDepreciable Assets 50,293 176,236N/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 Appendix173 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
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joshua Knutson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Whitehouse
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt054882
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0180825
IRS990EZ/OtherExpensesTotalAmt052281
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Assistance with underwater searches
IRS990EZ/PrintingPublicationsPostageAmt04657
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
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/ProgramServiceExpensesAmt011433
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt112990
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt067578
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt066838
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0187159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0115398
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt017320
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020255
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0406970
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt072500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 27,858Equipment Repairs & Maint 11,433Travel 12,990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1-4.00 previous year adjustment to fixed assets
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearDepreciable Assets 50,293 176,236N/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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Keith Cormican
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07158960726
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bruces Legacy Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRUC
ReturnHeader/Filer/EIN0463818596
ReturnHeader/Filer/USAddress/AddressLine1Txt0W11099 Clark Rd
ReturnHeader/Filer/USAddress/CityNm0Black River Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054615
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522389637
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Coulee Business Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011374 Main St PO Box 412
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Trempealeau
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054661
ReturnHeader/PreparerPersonGrp/PhoneNum06085345052
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sandra M Peterson
ReturnHeader/ReturnTs02024-11-12T17:29:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,660
Liabilities
$0
Net assets
$246,660
Revenue
$67,578
Expenses
$57,793
Net income
$9,785
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$1.03$1.07$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.68$0.58$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$1.88$0.73$1.15
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.16$0.34$0.82
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.39$0.73$0.66$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.74$0.95$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.63$0.61$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.93$0.80$0.13
2016Summary only. Only limited summary data is available for this year.$0.39$0.00$1.03$0.58$0.44
2014Summary only. Only limited summary data is available for this year.$0.12$0.01$0.53$0.81$0.28
2013Summary only. Only limited summary data is available for this year.$0.40$0.01$0.60$0.21$0.39