Civic Intelligence

The Park Center Ltd

990EZ • Fiscal year 2021 • EIN 47-1647265

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2023

15887 W County Road KHayward, WI 54843

(715) 558-3142

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.53x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

3.06x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

30th percentile

-4.0%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

36th percentile

-1.9%

Faster asset growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$181,975

Down $3,442 (-1.9%) from 2020

Net Assets

Down

$85,637

Down $1,266 (-1.5%) from 2020

Liabilities

Down

$96,338

Down $2,176 (-2.2%) from 2020

Revenue

Up

$31,527

Up $1,258 (+4.2%) from 2020

Expenses

Up

$32,793

Up $24 (+0.1%) from 2020

Net Income

Up

-$1,266

Up $1,234 (+49%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $236,533Liabilities 2014: $12,294Net Assets 2014: $224,2392014Assets 2015: $229,869Liabilities 2015: $120,606Net Assets 2015: $109,2652015Assets 2016: $227,107Liabilities 2016: $116,667Net Assets 2016: $110,4402016Assets 2017: $202,525Liabilities 2017: $107,430Net Assets 2017: $95,0952017Assets 2018: $190,349Liabilities 2018: $102,839Net Assets 2018: $87,5102018Assets 2019: $189,509Liabilities 2019: $100,107Net Assets 2019: $89,4022019Assets 2020: $185,417Liabilities 2020: $98,514Net Assets 2020: $86,9032020Assets 2021: $181,975Liabilities 2021: $96,338Net Assets 2021: $85,6372021Assets 2022: $184,454Liabilities 2022: $0Net Assets 2022: $184,4542022Assets 2023: $220,354Liabilities 2023: $0Net Assets 2023: $220,3542023Assets 2024: $227,988Liabilities 2024: $0Net Assets 2024: $227,9882024

Highlighted filing

2021

Assets$181,975
Liabilities$96,338
Net Assets$85,637

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $21,465Expenses 2014: $34,526Net Income 2014: -$13,0612014Revenue 2015: $71,860Expenses 2015: $76,834Net Income 2015: -$4,9742015Revenue 2016: $76,328Expenses 2016: $75,151Net Income 2016: $1,1772016Revenue 2017: $91,740Expenses 2017: $107,085Net Income 2017: -$15,3452017Revenue 2018: $93,268Expenses 2018: $100,852Net Income 2018: -$7,5842018Revenue 2019: $93,521Expenses 2019: $91,629Net Income 2019: $1,8922019Revenue 2020: $30,269Expenses 2020: $32,769Net Income 2020: -$2,5002020Revenue 2021: $31,527Expenses 2021: $32,793Net Income 2021: -$1,2662021Revenue 2022: $146,120Expenses 2022: $141,682Net Income 2022: $4,4382022Revenue 2023: $98,933Expenses 2023: $63,033Net Income 2023: $35,9002023Revenue 2024: $153,585Expenses 2024: $136,732Net Income 2024: $16,8532024

Highlighted filing

2021

Revenue$31,527
Expenses$32,793
Net Income-$1,266
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2023
Return Version
2021v4.0
Gross Receipts
$31,527
Mission and Program Overview

Mission

Provide a venue for a wide variety of performing artists that generally arent commercially viable for the enjoyment of the local community

Provide a venue for a wide variety of performing artists that generally are nnot commercially viable for the enjoyment of the local community.

Program Services

DescriptionGrantsExpenses
HOSTED A WIDE RANGE OF MUSIC AND THEATRICAL PERFORMANCES PROVIDING INCOME FOR PERFORMERS AND ENJOYMENT FOR AUDIENCES.$0$32,793
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON HOBARTPresidentPT$0--
PAT WALLINGVice Presdient-$0--
CONSTANCE FINCHSecretary-$0--
PAUL MITCHELLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Park Center Ltd
EIN
47-1647265
In Care Of
% Paul L Mitchell
Address
15887 W County Road K, Hayward, WI 54843

Signing Officer

Name
Paul L Mitchell
Title
Treasurer
Signed
2023-11-14
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| BUSINESS ADVERTISING, $195| BANK CHARGES, $70| DONOR RECOGNITION, $54| SALES TAXES, $414| LICENSES AND PERMITS, $713| PROPERTY INSURANCE, $888| DUES AND MEMBERSHIPS, $488| LINE OF CREDIT INTEREST, $1271| PERFORMANCE EXPENSES, $3284| MORTGAGE INTEREST, $3000| MISC EXPENSE, $79|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| SOUND AND LIGHTING EQUIPMENT: BOY VALUE $39142 MINUS ACC. DEPRECIATION OF $36710 FOR A TOTAL OF $2431. EOY VALUE: $39142 MINUS ACC DEPRECATION OF $36444 FOR A TOTAL VALUE OF $1697, $2431, $1697|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| LINE OF CREDIT JOHNSON BANK, $4600, $4600| MORTGAGE JOHNSON BANK, $93914, $91738|

Raw XML Appendix172 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07155583142
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015887 W County Road K
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hayward
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CONSTANCE FINCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESDIENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02431
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01697
IRS990EZ/OtherExpensesTotalAmt010456
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A VENUE FOR A WIDE VARIETY OF PERFORMING ARTISTS THAT GENERALLY ARE NNOT COMMERCIALLY VIABLE FOR THE ENJOYMENT OF THE LOCAL COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt0355
IRS990EZ/ProgramServiceRevenueAmt015769
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOSTED A WIDE RANGE OF MUSIC AND THEATRICAL PERFORMANCES PROVIDING INCOME FOR PERFORMERS AND ENJOYMENT FOR AUDIENCES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032793
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt098514
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt096338
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032793
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IRS990EZ/TotalRevenueAmt031527
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.theparkcenter.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015758
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| BUSINESS ADVERTISING, $195| BANK CHARGES, $70| DONOR RECOGNITION, $54| SALES TAXES, $414| LICENSES AND PERMITS, $713| PROPERTY INSURANCE, $888| DUES AND MEMBERSHIPS, $488| LINE OF CREDIT INTEREST, $1271| PERFORMANCE EXPENSES, $3284| MORTGAGE INTEREST, $3000| MISC EXPENSE, $79|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| SOUND AND LIGHTING EQUIPMENT: BOY VALUE $39142 MINUS ACC. DEPRECIATION OF $36710 FOR A TOTAL OF $2431. EOY VALUE: $39142 MINUS ACC DEPRECATION OF $36444 FOR A TOTAL VALUE OF $1697, $2431, $1697|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| LINE OF CREDIT JOHNSON BANK, $4600, $4600| MORTGAGE JOHNSON BANK, $93914, $91738|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReasonableCauseExplanation/ExplanationTxt0The Park Center's acting treasurer resigned and the new treasurer who stepped in had a steep learning curve and difficulty locating all necessary documents. All has now been rectified and organization is on soundest financial footing it's ever been on.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul L Mitchell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARK CENTER LTD
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0471647265
ReturnHeader/Filer/ForeignPhoneNum07155583142
ReturnHeader/Filer/InCareOfNm0% Paul L Mitchell
ReturnHeader/Filer/USAddress/AddressLine1Txt015887 W County Road K
ReturnHeader/Filer/USAddress/CityNm0Hayward
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054843
ReturnHeader/ReturnTs02023-11-14T16:18:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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