Civic Intelligence

Go-Edc Foundation

990 • Fiscal year 2021 • EIN 47-3947981

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

100 N Main Street 104Oshkosh, WI 54901

(920) 230-3321

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

81st percentile

40%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$87,868

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 46.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

66th percentile

21%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

62nd percentile

20%

Faster revenue growth than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$297,542

Up $50,982 (+21%) from 2020

Net Assets

Up

$297,542

Up $74,982 (+34%) from 2020

Liabilities

Down

$0

Down $24,000 (-100%) from 2020

Revenue

Up

$189,122

Up $31,673 (+20%) from 2020

Expenses

Down

$114,140

Down $31,995 (-22%) from 2020

Net Income

Up

$74,982

Up $63,668 (+563%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $207,982Liabilities 2016: $249Net Assets 2016: $207,7332016Assets 2017: $178,130Liabilities 2017: $0Net Assets 2017: $178,1302017Assets 2018: $228,670Liabilities 2018: $0Net Assets 2018: $228,6702018Assets 2019: $211,246Liabilities 2019: $0Net Assets 2019: $211,2462019Assets 2020: $246,560Liabilities 2020: $24,000Net Assets 2020: $222,5602020Assets 2021: $297,542Liabilities 2021: $0Net Assets 2021: $297,5422021Assets 2022: $306,701Liabilities 2022: $0Net Assets 2022: $306,7012022Assets 2023: $278,619Liabilities 2023: $15,926Net Assets 2023: $262,6932023Assets 2024: $255,643Liabilities 2024: $12,332Net Assets 2024: $243,3112024

Highlighted filing

2021

Assets$297,542
Liabilities$0
Net Assets$297,542

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $246,368Expenses 2016: $65,406Net Income 2016: $180,9622016Revenue 2017: $61,045Expenses 2017: $90,648Net Income 2017: -$29,6032017Revenue 2018: $186,102Expenses 2018: $135,562Net Income 2018: $50,5402018Revenue 2019: $121,366Expenses 2019: $138,790Net Income 2019: -$17,4242019Revenue 2020: $157,449Expenses 2020: $146,135Net Income 2020: $11,3142020Revenue 2021: $189,122Expenses 2021: $114,140Net Income 2021: $74,9822021Revenue 2022: $163,157Expenses 2022: $153,998Net Income 2022: $9,1592022Revenue 2023: $141,093Expenses 2023: $163,021Net Income 2023: -$21,9282023Revenue 2024: $117,428Expenses 2024: $136,810Net Income 2024: -$19,3822024

Highlighted filing

2021

Revenue$189,122
Expenses$114,140
Net Income$74,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$189,122
Mission and Program Overview

Mission

Revitalizing depressed areas, addressing blight, and empowering economically disadvantaged populations in specified areas within our greater oshkosh community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$246,560$297,542▲ $50,982
Rtn Earn Endowment Incm Other Fnds$222,560$297,542▲ $74,982
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$246,560$297,542▲ $50,982
Liabilities
Unsecured Notes Loans Payable$24,000$0▼ $24,000
Total Liabilities$24,000$0▼ $24,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$222,560$297,542▲ $74,982
Total Liabilities and Net Assets / Fund Balance$246,560$297,542▲ $50,982
Compensation and Service Providers

Employees

NameTitleOtherTotal
Tricia RathermelPresident & CEO$87,868$87,868

Board Members and Trustees

NameTitle
Kenneth ArnesonBoard Chair
Tom CastleImmediate Past Chair
Kevin RalofskyVice Chair
Amy AlbrightDirector
Kristin FassbinderDirector
Mark RohloffDirector
Wayne TremblyDirector
Jeff LiddicoatTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,626
Program Service Revenue
$1,100
Investment Income
$396
Other Revenue
$0
All Other Contributions
$133,000
Change in Net Assets
$74,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$69,056
Salaries, Compensation, and Employee Benefits$45,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$27,364$11,728-$39,092
Fees for Services Other$14,846--$14,846
Occupancy$5,573$2,389-$7,962
Office Expenses$2,586$2,586-$5,172
Advertising$4,024--$4,024
Payroll Taxes$1,940$831-$2,771
Other Employee Benefits$1,653$708-$2,361
Travel$1,650--$1,650
Information Technology$438$671-$1,109
Insurance-$941-$941
Pension Plan Contributions$602$258-$860
Other Expenses$738--$738
Conferences and Meetings$517--$517
Interest-$67-$67
Total Functional Expenses$93,961$20,179$0$114,140
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
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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

Form 990, Part VI, Section B, Line 11B

Federal form 990 and wi form 1952 will be reviewed by tricia rathermel - president & ceo, teresa martinez -accounting clerk, as well as ken arneson, board chair, and the executive committee.

Form 990, Part VI, Section B, Line 12C

Board members abstain from votes which are in conflict with their personal/professional interests. This board only makes a handful of decisions, and only has a handful of meetings per year.

Form 990, Part VI, Section B, Line 15

The ceo of the foundation is the same individual who is ceo of go-edc. The executive committee of go-edc serves as the compensation committee for the ceo. A 3% cost of living increase is built into the budget and compensation has not been awarded beyond what is in the budget for staff. The budget is approved by the whole board. The ceo is entrusted with managing, reviewing, and hiring staff. Compensation is based on an analysis of position in similar communities of size.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements all made available upon request.

Filing and Contact Details

Filer

Filer Name
Go-edc Foundation Inc
EIN
47-3947981
Phone
9202303321
Address
100 N MAIN STREET 104, OSHKOSH, WI 54901

Signing Officer

Name
Tricia Rathermel
Title
President and CEO
Phone
9202303321
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tricia Rathermel
Formed
2014
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
1660 OSHKOSH AVE SUITE 200, OSHKOSH, WI 54902
Preparer
Courtney Ader
Phone
9202315890
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 14,846. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,846.

FORM 990, PART XII, LINE 2C:

The organization's processes have not changed from the prior year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0246560
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0297542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0187626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0135800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0185000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0678426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0945
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04867
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt031691
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39620
IRS990ScheduleA/PublicSupportPY170Pct00.31140
IRS990ScheduleA/PublicSupportTotal170Amt0270762
IRS990ScheduleA/SubstantialContributorsTotAmt0407664
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0187626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0135800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0185000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0678426
IRS990ScheduleA/TotalSupportAmt0683393
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERAL FORM 990 AND WI FORM 1952 WILL BE REVIEWED BY TRICIA RATHERMEL - PRESIDENT & CEO, TERESA MARTINEZ -ACCOUNTING CLERK, AS WELL AS KEN ARNESON, BOARD CHAIR, AND THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ABSTAIN FROM VOTES WHICH ARE IN CONFLICT WITH THEIR PERSONAL/PROFESSIONAL INTERESTS. THIS BOARD ONLY MAKES A HANDFUL OF DECISIONS, AND ONLY HAS A HANDFUL OF MEETINGS PER YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO OF THE FOUNDATION IS THE SAME INDIVIDUAL WHO IS CEO OF GO-EDC. THE EXECUTIVE COMMITTEE OF GO-EDC SERVES AS THE COMPENSATION COMMITTEE FOR THE CEO. A 3% COST OF LIVING INCREASE IS BUILT INTO THE BUDGET AND COMPENSATION HAS NOT BEEN AWARDED BEYOND WHAT IS IN THE BUDGET FOR STAFF. THE BUDGET IS APPROVED BY THE WHOLE BOARD. THE CEO IS ENTRUSTED WITH MANAGING, REVIEWING, AND HIRING STAFF. COMPENSATION IS BASED ON AN ANALYSIS OF POSITION IN SIMILAR COMMUNITIES OF SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ALL MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 14,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,846.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREATER OSHKOSH ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0471058496
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 NORTH MAIN SUITE 104
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OSHKOSH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd054901
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0114012
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt145084
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt268928
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH TRANSFERRED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1BOOK EXPENSE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2BOOK EXPENSE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GREATER OSHKOSH ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1GREATER OSHKOSH ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2GREATER OSHKOSH ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2N
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0246560
IRS990/TotalAssetsEOYAmt0297542
IRS990/TotalAssetsGrp/BOYAmt0246560
IRS990/TotalAssetsGrp/EOYAmt0297542
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0187626
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093961
IRS990/TotalFunctionalExpensesGrp/TotalAmt0114140
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt024000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0222560
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0297542
IRS990/TotalOtherCompensationAmt08679
IRS990/TotalOtherProgSrvcExpenseAmt039727
IRS990/TotalOtherProgSrvcRevenueAmt01100
IRS990/TotalProgramServiceExpensesAmt093961
IRS990/TotalProgramServiceRevenueAmt01100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0396
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189122
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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