Civic Intelligence

Michael S Heiser Foundation

990 • Fiscal year 2018 • EIN 47-3201578

Jan 01, 2018 to Dec 31, 2018 • Filed on May 08, 2019

1706 Front St Ste PMB 601Lynden, WA 98264-1261

(360) 393-0367

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

85th percentile

54%

Faster asset growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$84,070

Up $29,327 (+54%) from 2017

Net Assets

$84,070

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$232,166

Up $65,033 (+39%) from 2017

Expenses

Up

$207,406

Up $86,621 (+72%) from 2017

Net Income

Down

$24,760

Down $21,588 (-47%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $51,784Liabilities 2016: $0Net Assets 2016: $51,7842016Assets 2017: $54,743Liabilities 2017: $02017Assets 2018: $84,070Liabilities 2018: $0Net Assets 2018: $84,0702018Assets 2019: $93,019Liabilities 2019: $93,019Net Assets 2019: $02019Assets 2020: $129,496Liabilities 2020: $129,496Net Assets 2020: $02020Assets 2021: $225,753Liabilities 2021: $225,753Net Assets 2021: $02021Assets 2022: $486,017Liabilities 2022: $3,796Net Assets 2022: $482,2212022Assets 2023: $516,327Liabilities 2023: $2,020Net Assets 2023: $514,3072023Assets 2024: $512,929Liabilities 2024: $1,667Net Assets 2024: $511,2622024

Highlighted filing

2018

Assets$84,070
Liabilities$0
Net Assets$84,070

Operations Trend

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

$600K$400K$200K$0Revenue 2016: $102,415Expenses 2016: $54,725Net Income 2016: $47,6902016Revenue 2017: $167,133Expenses 2017: $120,785Net Income 2017: $46,3482017Revenue 2018: $232,166Expenses 2018: $207,406Net Income 2018: $24,7602018Revenue 2019: $225,964Expenses 2019: $132,206Net Income 2019: $93,7582019Revenue 2020: $276,399Expenses 2020: $128,973Net Income 2020: $147,4262020Revenue 2021: $335,455Expenses 2021: $226,075Net Income 2021: $109,3802021Revenue 2022: $498,906Expenses 2022: $240,410Net Income 2022: $258,4962022Revenue 2023: $308,501Expenses 2023: $232,258Net Income 2023: $76,2432023Revenue 2024: $209,647Expenses 2024: $169,628Net Income 2024: $40,0192024

Highlighted filing

2018

Revenue$232,166
Expenses$207,406
Net Income$24,760
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 8, 2019
Return Version
2018v3.1
Gross Receipts
$232,166
Mission and Program Overview

Mission

Provide educational content for Bible study.

Provide educational programs as a Christian outreach ministry

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,743$82,390▲ $27,647
Land, Buildings, and Equipment, Net-$1,680-
Total Assets$54,743$84,070▲ $29,327
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$54,743$84,070▲ $29,327
Total Net Assets Fund Balance$54,743$84,070▲ $29,327
Total Liabilities and Net Assets / Fund Balance$54,743$84,070▲ $29,327
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg LyleSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Richard W Bakerbookkeeping networking518 W Lake Samish Drive, Bellingham, WA 98229$16,900
Revenue and Support

Revenue Composition

Contributions and Grants
$232,166
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$232,166
Change in Net Assets
$24,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,406
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$147,412-$147,412
Fees for Services Other$53,985--$53,985
Fees for Services Accounting-$6,009-$6,009
Total Functional Expenses$53,985$153,421$0$207,406
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

The board secretary, Greg Lyle, reviewed the return for the annual meeting.

Part VI Line 19

These documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Miqlat
EIN
47-3201578
In Care Of
% Michael S Heiser
Phone
3603930367
Address
1706 Front St Ste PMB 601, Lynden, WA 98264-1261

Signing Officer

Name
Michael S Heiser
Title
President
Phone
3603930367
Signed
2019-05-08

Organization Details

Principal Officer
Michael S Heiser
Formed
2015
Legal Domicile
Wa
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Part IX Line 11G

charitable giving Total expenses - $53985.00 Program service expenses - $53985.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

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Filings