Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 21.6% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Up$40,103
Up $4,321 (+12%) from 2017
Net Assets
$34,650
No earlier filing loaded for comparison.
Liabilities
Up$5,453
Up $707 (+15%) from 2017
Revenue And Expenses
Revenue
Up$103,888
Up $11,628 (+13%) from 2017
Expenses
Up$100,275
Up $27,850 (+38%) from 2017
Net Income
Down$3,613
Down $16,222 (-82%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Feb 26, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $103,888
Mission and Program Overview
Mission
To establish, manage, operate and maintain a thrift store to support the mission and operations of puritan reformed theological seminary, a michigan non-profit corporation, and to engage in activities related thereto.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION HAS SET UP A THRIFT STORE TO RECEIVE USED GOODS AND CLOTHING THAT IT RE-SELLS TO THE GENERAL PUBLC. | $31,175 | $100,275 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SUSAN TEUNISSEN | Director | PT | $22,470 | - | $22,470 |
| RENEE LANGERAK | Director; Se | - | $833 | - | $833 |
| ESTHER ENGELSMA | Director; Tr | - | $250 | - | $250 |
| HEIDI BOORSMA | Director | - | $0 | - | - |
| CHRIS HANNA | Adv. Board M | - | $0 | - | - |
| IRENE VANDENBERG | Director | - | $0 | - | - |
| LOIS VANDERSTEL | President; D | - | $0 | - | - |
| LILIAN ZEVENBERGEN | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Re Gen Er Ate
- EIN
- 46-5458776
- Phone
- 6166475342
- Address
- 4390 CHICAGO DRIVE SW, GRANDVILLE, MI 49418-1508
Signing Officer
- Name
- Lois Vanderstel
- Title
- PRESIDENT; DIRECTOR
- Phone
- 6166475342
- Signed
- 2019-02-26
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sweetman Advisory Services
- Address
- 1780 BEARD DR SE, GRAND RAPIDS, MI 49546-6458
- Preparer
- Joanne Sweetman
- Phone
- 9738964832
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Name: puritan reformed theological sem. Address: 2965 leonard st ne grand rapids, mi 49525 cash contribution: 31,175”
Form 990-ez, Part I, Line 16
“Expenses advertising 408 office supplies 1,257 telephone 596 janitorial expense 1,392 miscellaneous exp. 377 postage and delivery 466 employee exp. 71 computer and internet 1,240 automobile 400 insurance 2,249 total 8,456”
Form 990-ez, Part II, Line 24
“Undeposited funds 583 80 prepaid insurance 2,158 1,001 credit card fee asset -6 -19 total 2,735 1,062”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 3,335 3,911 sales tax payable 1,410 1,542”
Form 990-ez, Part III
“To establish, manage, operate and maintain a thrift store to support the mission and operations of puritan reformed theological seminary, a michigan non-profit corporation, and to engage in activities related thereto.”
Raw XML Appendix166 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARY JO SWETS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6163611489 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2119 DIAMOND AVE NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAND RAPIDS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49505 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 33047 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39041 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 103888 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3613 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2589 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 35782 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 40103 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 31175 |
| IRS990EZ/GrossReceiptsAmt | 0 | 103888 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31037 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 34650 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31037 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 34650 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20022 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.70 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.04 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 31.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.80 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.90 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 250 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 833 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 22470 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ESTHER ENGELSMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HEIDI BOORSMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHRIS HANNA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RENEE LANGERAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | SUSAN TEUNISSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | IRENE VANDENBERG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | LOIS VANDERSTEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | LILIAN ZEVENBERGEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR; TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | ADV. BOARD M |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR; SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | PRESIDENT; D |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2735 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1062 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8456 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ESTABLISH, MANAGE, OPERATE AND MAINTAIN A THRIFT STORE TO SUPPORT THE MISSION AND OPERATIONS OF PURITAN REFORMED THEOLOGICAL SEMINARY, A MICHIGAN NON-PROFIT CORPORATION, AND TO ENGAGE IN ACTIVITIES RELATED THERETO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION HAS SET UP A THRIFT STORE TO RECEIVE USED GOODS AND CLOTHING THAT IT RE-SELLS TO THE GENERAL PUBLC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 31175 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 100275 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 38033 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 4745 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5453 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 100275 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 100275 |
| IRS990EZ/TotalRevenueAmt | 0 | 103888 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 103888 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 92260 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 49618 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 47868 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 14812 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 308446 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 308446 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 103888 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 92260 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 49618 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 47868 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 14812 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 308446 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 103888 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 92260 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 49618 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 47868 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 14812 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 308446 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: PURITAN REFORMED THEOLOGICAL SEM. ADDRESS: 2965 LEONARD ST NE GRAND RAPIDS, MI 49525 CASH CONTRIBUTION: 31,175 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 408 OFFICE SUPPLIES 1,257 TELEPHONE 596 JANITORIAL EXPENSE 1,392 MISCELLANEOUS EXP. 377 POSTAGE AND DELIVERY 466 EMPLOYEE EXP. 71 COMPUTER AND INTERNET 1,240 AUTOMOBILE 400 INSURANCE 2,249 TOTAL 8,456 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNDEPOSITED FUNDS 583 80 PREPAID INSURANCE 2,158 1,001 CREDIT CARD FEE ASSET -6 -19 TOTAL 2,735 1,062 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,335 3,911 SALES TAX PAYABLE 1,410 1,542 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO ESTABLISH, MANAGE, OPERATE AND MAINTAIN A THRIFT STORE TO SUPPORT THE MISSION AND OPERATIONS OF PURITAN REFORMED THEOLOGICAL SEMINARY, A MICHIGAN NON-PROFIT CORPORATION, AND TO ENGAGE IN ACTIVITIES RELATED THERETO. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LOIS VANDERSTEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT; DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6166475342 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-02-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RE GEN ER ATE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REGE |
| ReturnHeader/Filer/EIN | 0 | 465458776 |
| ReturnHeader/Filer/PhoneNum | 0 | 6166475342 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4390 CHICAGO DRIVE SW |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GRANDVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 494181508 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9724DA827C1148E4772868051C6597C9D6D08C0D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9724DA827C1148E4772868051C6597C9D6D08C0D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 98.209.27.233 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-03-18 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:36:07 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 300797732 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SWEETMAN ADVISORY SERVICES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1780 BEARD DR SE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GRAND RAPIDS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 495466458 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9738964832 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-03-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOANNE SWEETMAN |
| ReturnHeader/ReturnTs | 0 | 2019-03-18T10:36:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $40,103
- Liabilities
- $5,453
- Net assets
- $34,650
- Revenue
- $103,888
- Expenses
- $100,275
- Net income
- $3,613