Civic Intelligence

Leipsic Community Center

990 • Fiscal year 2018 • EIN 47-5496361

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

PO Box 63 120 E Main StLeipsic, OH 45856

(419) 943-7400

Siviq Scores

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

Liabilities / Assets

71st percentile

0.41x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.08x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

26th percentile

$64,370

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

19th percentile

-5.8%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

87%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,540,402

Down $399,933 (-5.8%) from 2017

Net Assets

Up

$3,839,419

Up $488,818 (+15%) from 2017

Liabilities

Down

$2,700,983

Down $888,751 (-25%) from 2017

Revenue

Up

$1,300,960

Up $605,953 (+87%) from 2017

Expenses

Up

$812,142

Up $372,946 (+85%) from 2017

Net Income

Up

$488,818

Up $233,007 (+91%) from 2017

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

2018

Assets$6,540,402
Liabilities$2,700,983
Net Assets$3,839,419

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

2018

Revenue$1,300,960
Expenses$812,142
Net Income$488,818
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$1,303,606
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$6,682,769$6,387,658▼ $295,111
Cash and Non-Interest-Bearing Accounts$184,164$75,820▼ $108,344
Savings and Temporary Cash Investments$14,517$30,236▲ $15,719
Accounts Receivable-$200-
Total Assets$6,940,335$6,540,402▼ $399,933
Other Assets Total$58,885$46,488▼ $12,397
Liabilities
Tax Exempt Bond Liabilities$3,324,707$2,685,886▼ $638,821
Accounts Payable and Accrued Expenses$265,027$15,097▼ $249,930
Total Liabilities$3,589,734$2,700,983▼ $888,751
Net Assets / Fund Balance
Unrestricted Net Assets$3,350,601$3,839,419▲ $488,818
Total Net Assets Fund Balance$3,350,601$3,839,419▲ $488,818
Total Liabilities and Net Assets / Fund Balance$6,940,335$6,540,402▼ $399,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,908,215$337,713$6,245,928
Equipment$277,100$71,275$348,375
Land$202,343-$202,343
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen PickensCenter DirecFT$62,495$1,875$64,370

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
$1,260,352
Program Service Revenue
$37,023
Investment Income
$0
Other Revenue
$3,585
All Other Contributions
$31,723
Change in Net Assets
$488,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$560,265
Salaries, Compensation, and Employee Benefits$251,877
Total Fundraising Expense$25,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$292,160$2,951-$295,111
Occupancy$164,244$1,659-$165,903
Other Salaries and Wages$143,622$11,243$8,151$163,016
Current Officers, Directors, Trustees, and Key Employees$37,497$12,499$12,499$62,495
Payroll Taxes$17,169$2,251$1,958$21,378
Fees for Services Accounting$9,200$2,300-$11,500
Office Expenses$7,412$1,001$630$9,043
Fees for Services Legal$6,618$1,654-$8,272
Advertising$6,780$357-$7,137
Information Technology$5,606$1,051$350$7,007
Pension Plan Contributions$4,006$525$457$4,988
All Other Expenses$3,484$512$33$4,029
Other Expenses$3,399$189$189$3,777
Travel$1,631-$699$2,330
Insurance-$1,014-$1,014
Conferences and Meetings--$360$360
Total Functional Expenses$747,540$39,276$25,326$812,142
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,966
Fundraising Direct Expenses$2,646
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
Phone
4199437400
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
2019-11-07
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
14
Volunteers
20

Preparer

Firm
Knueven Schroeder & Co
Address
1035 NORTH MAIN STREET, FINDLAY, OH 45840
Preparer
Ann E Woolum CPA
Phone
4194228111
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08151
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011243
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0143622
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163016
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IRS990/PayrollTaxesGrp/FundraisingAmt01958
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02251
IRS990/PayrollTaxesGrp/ProgramServicesAmt017169
IRS990/PayrollTaxesGrp/TotalAmt021378
IRS990/PensionPlanContributionsGrp/FundraisingAmt0457
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0525
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04006
IRS990/PensionPlanContributionsGrp/TotalAmt04988
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRENT GIBSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ROOM RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2CAFE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026082
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110611
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2330
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 FOR SORE THROAT, CONGESTION, FEVER, EAR PAIN,SINUS PAIN, COUGH FLU SYMPTOMS, GI SYMPTOMS AND OTHER NON-CHRONIC ILLNESSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013554
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01228629
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RevenueAmt037023
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030236
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01260352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0682350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03115295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05082997
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt049945
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IRS990ScheduleA/PublicSupportTotal170Amt05082997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01260352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0682350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03115295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05082997
IRS990ScheduleA/TotalSupportAmt05085317
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt02320
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt02320
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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
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IRS990ScheduleD/BuildingsGrp/BookValueAmt05908215
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0337713
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06245928
IRS990ScheduleD/EquipmentGrp/BookValueAmt0277100
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071275
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0348375
IRS990ScheduleD/LandGrp/BookValueAmt0202343
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0202343
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06387658
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0346401116
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
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/OwningBondFinancedPropertyInd0false
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt03440000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt050000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
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/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TLCC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0LEIPSIC COMMUNITY CENTER
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0LCC MEDICAL CLINIC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0824822699
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt04063
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0MEDICAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt013256
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0120 E MAIN ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0LEIPSIC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd045856
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false

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