Civic Intelligence

Scherer Resources Inc

990EZ • Fiscal year 2017 • EIN 47-2776947

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 08, 2018

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

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

90th percentile

80%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

96%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$78,874

Up $35,144 (+80%) from 2016

Net Assets

Up

$77,086

Up $35,899 (+87%) from 2016

Liabilities

Down

$1,788

Down $755 (-30%) from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin85th percentile

Revenue

Up

$114,793

Up $56,138 (+96%) from 2016

Expenses

Up

$78,892

Up $21,428 (+37%) from 2016

Net Income

Up

$35,901

Up $34,710 (+2914%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth90th 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

2017

Assets$78,874
Liabilities$1,788
Net Assets$77,086
Open 2017 Filing

Operations Trend

Revenue Growth92nd 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

2017

Revenue$114,793
Expenses$78,892
Net Income$35,901
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 8, 2018
Return Version
2017v2.2
Gross Receipts
$121,105
Mission and Program Overview

Mission

Vocational training for disabled adults a work program for disabled adults

Program Services

DescriptionGrantsExpenses
ESTABLISHING AND MAINTAINING-$9,186
ESTABILISHING AND MAINTAINING A WORK PROGRAM FOR DISABLED ADULTS--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADAM KLINEPresident-$0--
KIM BROWNSecretary/VI-$0--
MARK COOPERTreasurer-$0--
THOMAS EGGOLDBoard Member-$0--
NICK CIOCCABoard Member-$0--
MITCH HARPERBoard Member-$0--
JON SCHERERBoard Member-$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
Adam Kline
Title
President
Phone
2604944437
Signed
2018-03-08
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 1,446 office 2,569 travel 984 interest 109 non-investment depreciation 705 total 5,813”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 4,500 4,500 2,290 2,290 less accumulated depreciation 436 1,141 total 6,354 5,649”

Form 990-ez, Part II, Line 26

“Payroll liabilities 2,543 1,680 credit card liability 0 108”

Form 990-ez, Part III, Line 31

“Establishing and maintaining”

Raw XML Appendix158 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/BOYAmt037374
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073225
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0120785
IRS990EZ/CostOfGoodsSoldAmt06312
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt035901
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012799
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt043728
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078874
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-6312
IRS990EZ/GrossReceiptsAmt0121105
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041185
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077086
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041185
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077086
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
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/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADAM KLINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KIM BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK COOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THOMAS EGGOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NICK CIOCCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MITCH HARPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JON SCHERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/VI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06354
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05649
IRS990EZ/OtherExpensesTotalAmt05813
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VOCATIONAL TRAINING FOR DISABLED ADULTS A WORK PROGRAM FOR DISABLED ADULTS
IRS990EZ/PrintingPublicationsPostageAmt0240
IRS990EZ/ProgramServiceRevenueAmt0320
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ESTABILISHING AND MAINTAINING A WORK PROGRAM FOR DISABLED ADULTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ESTABLISHING AND MAINTAINING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09186
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt060040
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02543
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01788
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078892
IRS990EZ/TotalProgramServiceExpensesAmt09186
IRS990EZ/TotalRevenueAmt0114793
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0120785
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt066019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0245419
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02940
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0248359
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0121105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt068639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt058615
IRS990ScheduleA/Total509Grp/TotalAmt0248359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0121105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt068639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt058615
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0248359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,446 OFFICE 2,569 TRAVEL 984 INTEREST 109 NON-INVESTMENT DEPRECIATION 705 TOTAL 5,813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 4,500 4,500 2,290 2,290 LESS ACCUMULATED DEPRECIATION 436 1,141 TOTAL 6,354 5,649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 2,543 1,680 CREDIT CARD LIABILITY 0 108
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM KLINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02604944437
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-08
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/AtSubmissionCreationDeviceId0407F5FF770DF6F36825EB9A60DEA2B1D5A1A8276
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0407F5FF770DF6F36825EB9A60DEA2B1D5A1A8276
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.18.187.64
ReturnHeader/FilingSecurityInformation/IPDt02018-03-08
ReturnHeader/FilingSecurityInformation/IPTm013:02:11
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/PreparationDt02018-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN S STOOKEY EA
ReturnHeader/ReturnTs02018-03-08T13:04:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,874
Liabilities
$1,788
Net assets
$77,086
Revenue
$114,793
Expenses
$78,892
Net income
$35,901
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
2017Detailed filing. Detailed filing data is available for this year.$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
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