Civic Intelligence

The Everett Inc.

990 • Fiscal year 2017 • EIN 51-0262626

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 14, 2018

45 W Main StreetMiddletown, DE 19709

(302) 232-6338

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.72x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$6,525

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

20th percentile

-4.8%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

14%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,556,055

Down $78,658 (-4.8%) from 2016

Net Assets

Down

$1,296,055

Down $80,542 (-5.9%) from 2016

Liabilities

Up

$260,000

Up $1,884 (+0.7%) from 2016

Revenue

Up

$359,387

Up $43,237 (+14%) from 2016

Expenses

Up

$439,929

Up $72,936 (+20%) from 2016

Net Income

Down

-$80,542

Down $29,699 (-58%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,978,481Liabilities 2010: $306,732Net Assets 2010: $1,671,7492010Assets 2011: $1,900,893Liabilities 2011: $294,659Net Assets 2011: $1,606,2342011Assets 2012: $1,879,222Liabilities 2012: $282,096Net Assets 2012: $1,597,1262012Assets 2013: $1,870,652Liabilities 2013: $285,414Net Assets 2013: $1,585,2382013Assets 2014: $1,800,955Liabilities 2014: $275,367Net Assets 2014: $1,525,5882014Assets 2015: $1,692,769Liabilities 2015: $265,329Net Assets 2015: $1,427,4402015Assets 2016: $1,634,713Liabilities 2016: $258,116Net Assets 2016: $1,376,5972016Assets 2017: $1,556,055Liabilities 2017: $260,000Net Assets 2017: $1,296,0552017Assets 2018: $1,746,402Liabilities 2018: $249,167Net Assets 2018: $1,497,2352018Assets 2019: $1,697,045Liabilities 2019: $238,333Net Assets 2019: $1,458,7122019Assets 2020: $1,602,505Liabilities 2020: $230,267Net Assets 2020: $1,372,2382020Assets 2021: $2,068,575Liabilities 2021: $227,321Net Assets 2021: $1,841,2542021Assets 2022: $2,083,695Liabilities 2022: $159,091Net Assets 2022: $1,924,6042022Assets 2023: $2,143,767Liabilities 2023: $15,562Net Assets 2023: $2,128,2052023Assets 2024: $2,250,941Liabilities 2024: $21,281Net Assets 2024: $2,229,6602024

Highlighted filing

2017

Assets$1,556,055
Liabilities$260,000
Net Assets$1,296,055

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $248,860Expenses 2010: $220,165Net Income 2010: $28,6952010Revenue 2011: $154,062Expenses 2011: $219,371Net Income 2011: -$65,3092011Expenses 2012: $210,8442012Revenue 2013: $232,091Expenses 2013: $249,538Net Income 2013: -$17,4472013Revenue 2014: $257,069Expenses 2014: $318,536Net Income 2014: -$61,4672014Revenue 2015: $241,067Expenses 2015: $328,810Net Income 2015: -$87,7432015Revenue 2016: $316,150Expenses 2016: $366,993Net Income 2016: -$50,8432016Revenue 2017: $359,387Expenses 2017: $439,929Net Income 2017: -$80,5422017Revenue 2018: $600,516Expenses 2018: $399,336Net Income 2018: $201,1802018Revenue 2019: $470,078Expenses 2019: $508,601Net Income 2019: -$38,5232019Revenue 2020: $238,837Expenses 2020: $325,311Net Income 2020: -$86,4742020Revenue 2021: $815,037Expenses 2021: $346,021Net Income 2021: $469,0162021Revenue 2022: $601,000Expenses 2022: $517,650Net Income 2022: $83,3502022Revenue 2023: $759,299Expenses 2023: $556,079Net Income 2023: $203,2202023Revenue 2024: $636,814Expenses 2024: $559,094Net Income 2024: $77,7202024

Highlighted filing

2017

Revenue$359,387
Expenses$439,929
Net Income-$80,542
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 14, 2018
Return Version
2017v2.3
Gross Receipts
$359,387
Mission and Program Overview

Mission

To provide arts, crafts, and theatre to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,604,907$1,545,234▼ $59,673
Cash and Non-Interest-Bearing Accounts$20,165$10,821▼ $9,344
Savings and Temporary Cash Investments$9,641--
Total Assets$1,634,713$1,556,055▼ $78,658
Liabilities
Other Liabilities$258,116$260,000▲ $1,884
Total Liabilities$258,116$260,000▲ $1,884
Net Assets / Fund Balance
Unrestricted Net Assets$1,288,990$1,296,055▲ $7,065
Temporarily Rstr Net Assets$85,509--
Permanently Rstr Net Assets$2,098--
Total Net Assets Fund Balance$1,376,597$1,296,055▼ $80,542
Total Liabilities and Net Assets / Fund Balance$1,634,713$1,556,055▼ $78,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,348,653$433,818$1,782,471
Land$150,000-$150,000
Other Land Buildings$24,587$35,213$59,800
Equipment$21,994$17,369$39,363
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary EverettChoreographePT$6,525$6,525
Milton DowningMember at La-$1,200$1,200

Board Members and Trustees

NameTitle
Jeff RussellPresident
Jarrad ShaderFinancial Di
Annie SparksMember at La
Carl PaceMember at La
Elena WillisMember at La
Julia SimpsonMember at La
Melinda McguiganMember at La
Michael DoveMember at La
Peter HoopesMember at La
Richard ForstenMember at La
Robert PierceMember at La
Trish MartinSecretary
Jennifer HelmsTreasurer (2
Don MullerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$47,417
Program Service Revenue
$283,534
Investment Income
$0
Other Revenue
$28,436
All Other Contributions
$33,742
Change in Net Assets
$-80,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$413,673
Salaries, Compensation, and Employee Benefits$26,256
Total Fundraising Expense$14,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$159,767-$14,995$174,762
Depreciation Depletion$59,311--$59,311
Occupancy$53,731--$53,731
Other Salaries and Wages$24,000--$24,000
Insurance$14,170--$14,170
Interest$14,126--$14,126
Office Expenses$12,553--$12,553
Advertising$10,862--$10,862
Fees for Services Accounting$6,790--$6,790
Payroll Taxes$2,256--$2,256
Other Expenses$83--$83
Total Functional Expenses$424,934$0$14,995$439,929
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,436
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$28,436$28,436-$28,436
Total Events$28,436$28,436-$28,436
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wsfs - Loan$260,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Everett Inc
EIN
51-0262626
Phone
3022326338
Address
45 W MAIN STREET, MIDDLETOWN, DE 19709

Signing Officer

Name
Jennifer Helms
Title
Treasurer (2018)
Phone
3023731871
Signed
2018-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Helms
Formed
1982
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
125

Preparer

Firm
Wattay Accounting
Address
3488 S DUPONT BLVD, SMYRNA, DE 19977-2856
Preparer
Anna M Henry
Phone
3027249237
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Theater expense 136,316 0 0 arts/theater/supplies 4,994 0 0 fundraising 0 0 14,995 equipment rental 2,870 0 0 technical expenses-live shows 12,704 0 0 taxes and licenses 2,883 0 0 total 159,767 0 14,995

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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY RENTS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0267951
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22883
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0267951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22883
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt047951
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt017271
IRS990/PYOtherExpensesAmt0340737
IRS990/PYOtherRevenueAmt030458
IRS990/PYProgramServiceRevenueAmt0220470
IRS990/PYRevenuesLessExpensesAmt0-50843
IRS990/PYSalariesCompEmpBnftPaidAmt026256
IRS990/PYTotalExpensesAmt0366993
IRS990/PYTotalRevenueAmt0316150
IRS990/ReconcilationRevenueExpnssAmt0-80542
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0267952
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09641
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt08,653
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt095635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0312236
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0311970
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02873
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0651
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01164
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01730
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02235
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08653
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78860
IRS990ScheduleA/PublicSupportPY170Pct00.80190
IRS990ScheduleA/PublicSupportTotal170Amt0312236
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt095635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089011
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0312236
IRS990ScheduleA/TotalSupportAmt0395921
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt012700
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt016238
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt016765
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt013869
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt015460
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt075032
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01348653
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0433818
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01782471
IRS990ScheduleD/EquipmentGrp/BookValueAmt021994
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017369
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039363
IRS990ScheduleD/LandGrp/BookValueAmt0150000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0150000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024587
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0260000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WSFS - LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01545234
IRS990ScheduleD/TotalLiabilityAmt0260000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028436
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028436
IRS990ScheduleG/LicensedStatesCd0DE
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THEATER EXPENSE 136,316 0 0 ARTS/THEATER/SUPPLIES 4,994 0 0 FUNDRAISING 0 0 14,995 EQUIPMENT RENTAL 2,870 0 0 TECHNICAL EXPENSES-LIVE SHOWS 12,704 0 0 TAXES AND LICENSES 2,883 0 0 TOTAL 159,767 0 14,995
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt085509
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01634713
IRS990/TotalAssetsEOYAmt01556055
IRS990/TotalAssetsGrp/BOYAmt01634713
IRS990/TotalAssetsGrp/EOYAmt01556055
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047417
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014995
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0424934
IRS990/TotalFunctionalExpensesGrp/TotalAmt0439929
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258116
IRS990/TotalLiabilitiesEOYAmt0260000
IRS990/TotalLiabilitiesGrp/BOYAmt0258116
IRS990/TotalLiabilitiesGrp/EOYAmt0260000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01376597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01296055
IRS990/TotalProgramServiceExpensesAmt0424934
IRS990/TotalProgramServiceRevenueAmt0283534
IRS990/TotalReportableCompFromOrgAmt07725
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0283534
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0359387
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01634713
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01556055
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01288990
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01296055
IRS990/USAddress/AddressLine1Txt045 W MAIN STREET
IRS990/USAddress/CityNm0MIDDLETOWN
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019709
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.EVERETTTHEATRE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER HELMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER (2018)
ReturnHeader/BusinessOfficerGrp/PhoneNum03023731871

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.02$2.23$0.64$0.56$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.14$0.02$2.13$0.76$0.56$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.08$0.16$1.92$0.60$0.52$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.23$1.84$0.82$0.35$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.23$1.37$0.24$0.33$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.70$0.24$1.46$0.47$0.51$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.25$1.50$0.60$0.40$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.26$1.30$0.36$0.44$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.26$1.38$0.32$0.37$0.05
2015Summary only. Only limited summary data is available for this year.$1.69$0.27$1.43$0.24$0.33$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.28$1.53$0.26$0.32$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.87$0.29$1.59$0.23$0.25$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.28$1.60$0.21
2011Summary only. Only limited summary data is available for this year.$1.90$0.29$1.61$0.15$0.22$0.07
2010Summary only. Only limited summary data is available for this year.$1.98$0.31$1.67$0.25$0.22$0.03