Civic Intelligence

Scherer Resources Inc

990EZ • Fiscal year 2015 • EIN 47-2776947

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 18, 2016

Organization ProfileN/A
8505 Old Orchard TrailNew Haven, IN 46774

(260) 494-4437

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

76th percentile

$3,500

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

100th percentile

4059500%

Faster asset growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$40,596

Up $40,595 (+4059500%) from 2014

Net Assets

$39,996

No earlier filing loaded for comparison.

Liabilities

Up

$600

Up $600 from 2014

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin95th percentile

Revenue

Up

$58,615

Up $58,615 from 2014

Expenses

Up

$18,619

Up $18,619 from 2014

Net Income

Up

$39,996

Up $39,996 from 2014

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$80K$60K$40K$20K$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $40,596Liabilities 2015: $600Net Assets 2015: $39,9962015Assets 2016: $43,730Liabilities 2016: $2,543Net Assets 2016: $41,1872016Assets 2017: $78,874Liabilities 2017: $1,788Net Assets 2017: $77,0862017Assets 2018: $33,795Liabilities 2018: $623Net Assets 2018: $33,1722018Assets 2019: $3,560Net Assets 2019: $3,5602019

Highlighted filing

2015

Assets$40,596
Liabilities$600
Net Assets$39,996
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $58,615Expenses 2015: $18,619Net Income 2015: $39,9962015Revenue 2016: $58,655Expenses 2016: $57,464Net Income 2016: $1,1912016Revenue 2017: $114,793Expenses 2017: $78,892Net Income 2017: $35,9012017Revenue 2018: $36,166Expenses 2018: $80,079Net Income 2018: -$43,9132018Revenue 2019: -$2,500Expenses 2019: $27,112Net Income 2019: -$29,6122019

Highlighted filing

2015

Revenue$58,615
Expenses$18,619
Net Income$39,996
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 18, 2016
Return Version
2015v2.1
Gross Receipts
$58,615
Mission and Program Overview

Mission

Vocational training for disabled adults a work program for disabled adults

Vocational training for disabled adults

Program Services

DescriptionGrantsExpenses
ESTABILISHING A WORK PROGRAM FOR DISABLED ADULTS--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL PAFFPresidentPT$3,500-$3,500
NICK CIOCCABoard Member-$0--
MARK COOPERSecretary-$0--
THOMAS EGGOLDBoard Member-$0--
ADAM KLINETreasurer-$0--
CATHY PAFFBoard Chairm-$0--
PEGGY ROHRBACHERDirector Of-$0--
Filing and Contact Details

Filer

Filer Name
Scherer Resources Inc
EIN
47-2776947
Phone
2604944437
Address
8505 OLD ORCHARD TRAIL, NEW HAVEN, IN 46774

Signing Officer

Name
Michael Paff
Title
President
Phone
2604944437
Signed
2016-02-18
Discuss with paid preparer
Yes

Preparer

Firm
Foudy CPA Group Pc
Address
5730 FALLS DR STE 100, FORT WAYNE, IN 46804-7147
Preparer
Dawn Stookey
Phone
2604324565
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 1,398 total 1,398”

Form 990-ez, Part II, Line 26

“Payroll liabilities 0 600”

Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL PAFF
IRS990EZ/BooksInCareOfDetail/PhoneNum02604944437
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08505 OLD ORCHARD TRAIL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW HAVEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046774
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040596
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt058615
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039996
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012954
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040596
IRS990EZ/GrossReceiptsAmt058615
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039996
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039996
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt03500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL PAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICK CIOCCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK COOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THOMAS EGGOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ADAM KLINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CATHY PAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PEGGY ROHRBACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD CHAIRM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR OF
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01398
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VOCATIONAL TRAINING FOR DISABLED ADULTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ESTABILISHING A WORK PROGRAM FOR DISABLED ADULTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04267
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0600
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018619
IRS990EZ/TotalRevenueAmt058615
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt058615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt058615
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt058615
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt058615
IRS990ScheduleA/Total509Grp/TotalAmt058615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt058615
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt058615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,398 TOTAL 1,398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL LIABILITIES 0 600
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PAFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02604944437
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHERER RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0SCHE
ReturnHeader/Filer/EIN0472776947
ReturnHeader/Filer/PhoneNum02604944437
ReturnHeader/Filer/USAddress/AddressLine1Txt08505 OLD ORCHARD TRAIL
ReturnHeader/Filer/USAddress/CityNm0NEW HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046774
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352064619
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOUDY CPA GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05730 FALLS DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468047147
ReturnHeader/PreparerPersonGrp/PhoneNum02604324565
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN STOOKEY
ReturnHeader/ReturnTs02016-02-18T13:47:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,596
Liabilities
$600
Net assets
$39,996
Revenue
$58,615
Expenses
$18,619
Net income
$39,996
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.03$0.27$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.36$0.80$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.02$0.77$1.15$0.79$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.03$0.41$0.59$0.57$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.59$0.19$0.40
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00