Civic Intelligence

Scherer Resources Inc

990EZ • Fiscal year 2020 • EIN 47-2776947

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 31, 2021

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

1st percentile

-59600%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,560 (-100%) from 2019

Net Assets

Down

$0

Down $3,560 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Up

$1

Up $2,501 (+100%) from 2019

Expenses

Down

$597

Down $26,515 (-98%) from 2019

Net Income

Up

-$596

Up $29,016 (+98%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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: $3,5602019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities-
Net Assets$0
Open 2020 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: -$29,6122019Revenue 2020: $1Expenses 2020: $597Net Income 2020: -$5962020

Highlighted filing

2020

Revenue$1
Expenses$597
Net Income-$596
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 31, 2021
Return Version
2020v4.0
Gross Receipts
$322
Mission and Program Overview

Mission

Vocational training for disabled adults a work program for disabled adults

Program Services

DescriptionGrantsExpenses
ESTABLISHING AND MAINTAINING-$127
ESTABILISHING AND MAINTAINING A WORK PROGRAM FOR DISABLED ADULTS--
Compensation and Service Providers
Top Officer Pay76th percentile

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--
MICHAEL PAFFBoard 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
Michael Paff
Title
Board Member
Phone
2604944437
Signed
2021-08-31
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 non-investment depreciation 127 total 127”

Form 990-ez, Part I, Line 20

“Other decreases -2,964 disbursed balance of funds to disabled adults in need”

Form 990-ez, Part II, Line 24

“2,290 0 less accumulated depreciation 1,842 0 total 448 0”

Form 990-ez, Part II, Line 26

“Payroll liabilities 0 0 credit card liability 0 0”

Form 990-ez, Part III, Line 31

“Establishing and maintaining”

Raw XML Appendix181 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0ADAM KLINE
CompensationExplanation/CompensationExplanationGrp/PersonNm1KIM BROWN
CompensationExplanation/CompensationExplanationGrp/PersonNm2MARK COOPER
CompensationExplanation/CompensationExplanationGrp/PersonNm3THOMAS EGGOLD
CompensationExplanation/CompensationExplanationGrp/PersonNm4NICK CIOCCA
CompensationExplanation/CompensationExplanationGrp/PersonNm5MITCH HARPER
CompensationExplanation/CompensationExplanationGrp/PersonNm6MICHAEL PAFF
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/BOYAmt03112
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0321
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-596
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0470
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03560
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt01
IRS990EZ/GrossReceiptsAmt0322
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03560
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03560
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
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/PersonNm6MICHAEL PAFF
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/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0448
IRS990EZ/OtherChangesInNetAssetsAmt0-2964
IRS990EZ/OtherExpensesTotalAmt0127
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/ProgramServiceExpensesAmt0127
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0322
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0597
IRS990EZ/TotalProgramServiceExpensesAmt0127
IRS990EZ/TotalRevenueAmt01
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0120785
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt066019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0219778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08909
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0228687
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt036943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0121105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt068639
IRS990ScheduleA/Total509Grp/TotalAmt0228687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt036943
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0121105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt068639
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0228687
IRS990ScheduleN/AssetsDistributedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-05-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0472776947
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt02964
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0SCHERER RESOURCES INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt08505 OLD ORCHARD TRAIL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine2Txt08505 OLD ORCHARD TRAIL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0NEW HAVEN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd046774
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NON-INVESTMENT DEPRECIATION 127 TOTAL 127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DECREASES -2,964 DISBURSED BALANCE OF FUNDS TO DISABLED ADULTS IN NEED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22,290 0 LESS ACCUMULATED DEPRECIATION 1,842 0 TOTAL 448 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 0 0 CREDIT CARD LIABILITY 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ESTABLISHING AND MAINTAINING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PAFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum02604944437
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-31
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/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/PreparationDt02021-08-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN S STOOKEY EA
ReturnHeader/ReturnTs02021-08-31T12:31:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAFF
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$1
Expenses
$597
Net income
-$596
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.01
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
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