Civic Intelligence

Scherer Resources Inc

990EZ • Fiscal year 2016 • EIN 47-2776947

Jan 01, 2016 to Dec 31, 2016 • Filed on May 31, 2017

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

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

0.1%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$43,730

Up $3,134 (+7.7%) from 2015

Net Assets

Up

$41,187

Up $1,191 (+3.0%) from 2015

Liabilities

Up

$2,543

Up $1,943 (+324%) from 2015

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin47th percentile

Revenue

Up

$58,655

Up $40 (+0.1%) from 2015

Expenses

Up

$57,464

Up $38,845 (+209%) from 2015

Net Income

Down

$1,191

Down $38,805 (-97%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th 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

2016

Assets$43,730
Liabilities$2,543
Net Assets$41,187
Open 2016 Filing

Operations Trend

Revenue Growth49th percentile

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

2016

Revenue$58,655
Expenses$57,464
Net Income$1,191
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 31, 2017
Return Version
2016v3.0
Gross Receipts
$68,639
Mission and Program Overview

Mission

Vocational training for disabled adults a work program for disabled adults

Program Services

DescriptionGrantsExpenses
ESTABLISHING AND MAINTAINING-$436
ESTABILISHING AND MAINTAINING A WORK PROGRAM FOR DISABLED ADULTS--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL PAFFPresident-$0--
MARK COOPERSecretary-$0--
ADAM KLINETreasurer-$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
2017-05-31
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 1,865 office 983 conferences/meetings 208 insurance 1,468 non-investment depreciation 436 total 4,960”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 0 4,500 press 0 380 less accumulated depreciation 0 54 printer 0 96 less accumulated depreciation 0 19 i-pads (5) 0 1,814 less accumulated depreciation 0 363 total 0 6,354”

Form 990-ez, Part II, Line 26

“Payroll liabilities 600 2,543”

Form 990-ez, Part III, Line 31

“Establishing and maintaining”

Raw XML Appendix136 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/BOYAmt040596
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037376
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt066019
IRS990EZ/CostOfGoodsSoldAmt09984
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01191
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015624
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040596
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043730
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-7364
IRS990EZ/GrossReceiptsAmt068639
IRS990EZ/GrossSalesOfInventoryAmt02620
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039996
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041187
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039996
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt041187
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL PAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK COOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADAM KLINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PEGGY ROHRBACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR OF
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06354
IRS990EZ/OtherExpensesTotalAmt04960
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VOCATIONAL TRAINING FOR DISABLED ADULTS A WORK PROGRAM FOR DISABLED ADULTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ESTABILISHING AND MAINTAINING A WORK PROGRAM FOR DISABLED ADULTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ESTABLISHING AND MAINTAINING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0436
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt036880
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0600
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02543
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057464
IRS990EZ/TotalProgramServiceExpensesAmt0436
IRS990EZ/TotalRevenueAmt058655
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt066019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0124634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02620
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0127254
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt068639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058615
IRS990ScheduleA/Total509Grp/TotalAmt0127254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt068639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058615
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0127254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,865 OFFICE 983 CONFERENCES/MEETINGS 208 INSURANCE 1,468 NON-INVESTMENT DEPRECIATION 436 TOTAL 4,960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 0 4,500 PRESS 0 380 LESS ACCUMULATED DEPRECIATION 0 54 PRINTER 0 96 LESS ACCUMULATED DEPRECIATION 0 19 I-PADS (5) 0 1,814 LESS ACCUMULATED DEPRECIATION 0 363 TOTAL 0 6,354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 600 2,543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ESTABLISHING AND MAINTAINING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PAFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02604944437
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-31
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD26A16FEA2D7E42ED7BBDE382A9BE02297363F1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0407F5FF770DF6F36825EB9A60DEA2B1D5A1A8276
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/PreparationDt02017-06-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN S STOOKEY EA
ReturnHeader/ReturnTs02017-06-02T09:05:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,730
Liabilities
$2,543
Net assets
$41,187
Revenue
$58,655
Expenses
$57,464
Net income
$1,191
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
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.03$0.41$0.59$0.57$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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