Civic Intelligence

Leipsic Community Center

990 • Fiscal year 2017 • EIN 47-5496361

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 26, 2018

PO Box 63 120 E Main StLeipsic, OH 45856

(419) 943-3556

Siviq Scores

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

Liabilities / Assets

76th percentile

0.52x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

5.17x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$58,536

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

97th percentile

112%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-78%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,940,335

Up $3,666,596 (+112%) from 2016

Net Assets

Up

$3,350,601

Up $255,811 (+8.3%) from 2016

Liabilities

Up

$3,589,734

Up $3,410,785 (+1906%) from 2016

Revenue

Down

$695,007

Down $2,420,288 (-78%) from 2016

Expenses

Up

$439,196

Up $393,691 (+865%) from 2016

Net Income

Down

$255,811

Down $2,813,979 (-92%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $3,273,739Liabilities 2016: $178,949Net Assets 2016: $3,094,7902016Assets 2017: $6,940,335Liabilities 2017: $3,589,734Net Assets 2017: $3,350,6012017Assets 2018: $6,540,402Liabilities 2018: $2,700,983Net Assets 2018: $3,839,4192018Assets 2019: $6,262,107Liabilities 2019: $2,039,581Net Assets 2019: $4,222,5262019Assets 2020: $6,067,912Liabilities 2020: $1,375,226Net Assets 2020: $4,692,6862020Assets 2021: $5,817,035Liabilities 2021: $677,457Net Assets 2021: $5,139,5782021Assets 2022: $5,378,586Liabilities 2022: $23,300Net Assets 2022: $5,355,2862022Assets 2023: $5,081,518Liabilities 2023: $27,425Net Assets 2023: $5,054,0932023Assets 2024: $4,791,224Liabilities 2024: $24,612Net Assets 2024: $4,766,6122024

Highlighted filing

2017

Assets$6,940,335
Liabilities$3,589,734
Net Assets$3,350,601

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $3,115,295Expenses 2016: $45,505Net Income 2016: $3,069,7902016Revenue 2017: $695,007Expenses 2017: $439,196Net Income 2017: $255,8112017Revenue 2018: $1,300,960Expenses 2018: $812,142Net Income 2018: $488,8182018Revenue 2019: $1,145,438Expenses 2019: $762,331Net Income 2019: $383,1072019Revenue 2020: $1,200,473Expenses 2020: $730,313Net Income 2020: $470,1602020Revenue 2021: $1,206,003Expenses 2021: $759,111Net Income 2021: $446,8922021Revenue 2022: $924,684Expenses 2022: $708,976Net Income 2022: $215,7082022Revenue 2023: $425,681Expenses 2023: $726,874Net Income 2023: -$301,1932023Revenue 2024: $416,554Expenses 2024: $704,035Net Income 2024: -$287,4812024

Highlighted filing

2017

Revenue$695,007
Expenses$439,196
Net Income$255,811
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 26, 2018
Return Version
2017v2.3
Gross Receipts
$695,007
Mission and Program Overview

Mission

Serving our region by providing a safe and attractive environment in order to foster community, pride, growth and involvement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,657,523$6,682,769▲ $4,025,246
Cash and Non-Interest-Bearing Accounts$616,216$184,164▼ $432,052
Savings and Temporary Cash Investments-$14,517-
Total Assets$3,273,739$6,940,335▲ $3,666,596
Other Assets Total-$58,885-
Liabilities
Tax Exempt Bond Liabilities$174,544$3,324,707▲ $3,150,163
Accounts Payable and Accrued Expenses$4,405$265,027▲ $260,622
Total Liabilities$178,949$3,589,734▲ $3,410,785
Net Assets / Fund Balance
Unrestricted Net Assets$3,094,790$3,350,601▲ $255,811
Total Net Assets Fund Balance$3,094,790$3,350,601▲ $255,811
Total Liabilities and Net Assets / Fund Balance$3,273,739$6,940,335▲ $3,666,596

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,146,606$99,324$6,245,930
Equipment$327,443$20,936$348,379
Land$208,720-$208,720
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen PickensCenter DirecFT$56,915$1,621$58,536

Board Members and Trustees

NameTitle
Brent GibsonPresident
Craig WykoffDirector
Jim RussellDirector
Karl SimonDirector
Kevin EversDirector
Marsha J DresbachDirector
Cathy ToomanSecretary
Larry PlaceTreasurer
Nancy CainVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$682,350
Program Service Revenue
$12,557
Investment Income
$0
Other Revenue
$100
All Other Contributions
$682,350
Change in Net Assets
$255,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,020
Salaries, Compensation, and Employee Benefits$154,176
Total Fundraising Expense$20,679
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,899$16,466$15,358$138,723
Depreciation Depletion$121,577$1,228-$122,805
Occupancy$52,873$534-$53,407
Advertising$23,009$1,211-$24,220
Payroll Taxes$9,987$1,538$1,435$12,960
Fees for Services Legal$9,090$2,273-$11,363
All Other Expenses$9,600$1,399$114$11,113
Office Expenses$6,522$945$199$7,666
Other Expenses$6,638$7,911$879$6,638
Fees for Services Accounting$4,996$1,179-$6,175
Information Technology$2,168$406$135$2,709
Travel$2,290-$254$2,544
Pension Plan Contributions$1,921$296$276$2,493
Conferences and Meetings--$1,223$1,223
Fees for Services Other-$70-$70
Total Functional Expenses$380,542$37,975$20,679$439,196
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Putnam Ohio2016-05-27$3,490,000CONSTRUCT CENTER

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,490,000--$50,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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, Page 6, Part VI, Line 11B

The form 990 is presented to the board of trustees for review. Upon approval by the board of trustees, the form 990 is filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

As required by the conflict of interest policy, the board shall monitor the following: each interested person shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the corporation is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 15A

The board of trustees reviews the compensation of key employees on an annual basis and sets the compensation based upon several factors, including budget considerations, comparable salaries of similar key employees in other nonprofit organizations, and the specific individual performances of key employees, respectively.

Form 990, Page 6, Part VI, Line 19

Documents of the center are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Leipsic Community Center
EIN
47-5496361
Address
PO BOX 63 120 E MAIN ST, LEIPSIC, OH 45856
Doing Business As
The Leipsic Community Center

Signing Officer

Name
Brent Gibson
Title
President
Phone
4199437400
Signed
2018-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Gibson
Formed
2015
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
11

Preparer

Firm
Knueven Schroeder & Co
Address
1035 NORTH MAIN STREET, FINDLAY, OH 45840
Preparer
Ann E Woolum Cpaabv Cba
Phone
4194228111
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IRS990/ProgramServiceRevenueGrp/Desc0CLASS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ROOM RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2CAFE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010926
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2131
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2131
IRS990/ProgSrvcAccomActy2Grp/Desc0FREE COMMUNITY HEALTH CLINIC & PHARMACY: ONCE A MONTH, THE COMMUNITY CENTER WILL BE OPEN TO PROVIDE FREE MEDICAL CARE AND A PHARMACY TO THE UNDER/UNINSURED RESIDENTS OF LEIPSIC, PUTNAM AND SURROUNDING COUNTIES. THE MEDICAL SERVICES AVAILABLE ARE SORE THROAT, CONGESTION, FEVER, EAR PAIN, SINUS PAIN, COUGH FLU SYMPTOMS, GI SYMPTOMS AND OTHER NON-CHRONIC ILLNESSES.
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012557
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014517
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03115295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03822645
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012657
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03115295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03822645
IRS990ScheduleA/TotalSupportAmt03822645
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IRS990ScheduleD/BuildingsGrp/BookValueAmt06146606
IRS990ScheduleD/BuildingsGrp/DepreciationAmt099324
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06245930
IRS990ScheduleD/EquipmentGrp/BookValueAmt0327443
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020936
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0348379
IRS990ScheduleD/LandGrp/BookValueAmt0208720
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0208720
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06682769
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-05-27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0346401116
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03490000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0COUNTY OF PUTNAM OHIO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCT CENTER
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt03440000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt050000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt03490000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW. UPON APPROVAL BY THE BOARD OF TRUSTEES, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS REQUIRED BY THE CONFLICT OF INTEREST POLICY, THE BOARD SHALL MONITOR THE FOLLOWING: EACH INTERESTED PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES REVIEWS THE COMPENSATION OF KEY EMPLOYEES ON AN ANNUAL BASIS AND SETS THE COMPENSATION BASED UPON SEVERAL FACTORS, INCLUDING BUDGET CONSIDERATIONS, COMPARABLE SALARIES OF SIMILAR KEY EMPLOYEES IN OTHER NONPROFIT ORGANIZATIONS, AND THE SPECIFIC INDIVIDUAL PERFORMANCES OF KEY EMPLOYEES, RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS OF THE CENTER ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LEIPSIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0LEIPSIC COMMUNITY CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LCC MEDICAL CLINIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0824822699
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEDICAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0120 E MAIN ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LEIPSIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045856
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt03324707
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03273739
IRS990/TotalAssetsEOYAmt06940335

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