Civic Intelligence

194 Spicer Inc

990 • Fiscal year 2020 • EIN 56-2644123

Sep 01, 2019 to Aug 31, 2020 • Filed on Dec 03, 2020

4648 Muirwood PlStow, OH 44224

(330) 678-4545

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2020

Asset Growth

38th percentile

-0.9%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

29%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$935,306

Down $8,469 (-0.9%) from 2019

Net Assets

Down

$929,666

Down $9,559 (-1.0%) from 2019

Liabilities

Up

$5,640

Up $1,090 (+24%) from 2019

Revenue

Up

$78,624

Up $17,687 (+29%) from 2019

Expenses

Down

$88,183

Down $11,573 (-12%) from 2019

Net Income

Up

-$9,559

Up $29,260 (+75%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,201,202Liabilities 2011: $4,675Net Assets 2011: $1,196,5272011Assets 2012: $1,163,084Liabilities 2012: $4,250Net Assets 2012: $1,158,8342012Assets 2013: $1,124,411Liabilities 2013: $3,550Net Assets 2013: $1,120,8612013Assets 2014: $1,086,172Liabilities 2014: $3,550Net Assets 2014: $1,082,6222014Assets 2015: $1,047,043Liabilities 2015: $4,075Net Assets 2015: $1,042,9682015Assets 2016: $1,028,573Liabilities 2016: $3,350Net Assets 2016: $1,025,2232016Assets 2017: $1,007,239Liabilities 2017: $5,125Net Assets 2017: $1,002,1142017Assets 2018: $983,269Liabilities 2018: $5,225Net Assets 2018: $978,0442018Assets 2019: $943,775Liabilities 2019: $4,550Net Assets 2019: $939,2252019Assets 2020: $935,306Liabilities 2020: $5,640Net Assets 2020: $929,6662020Assets 2021: $1,052,909Liabilities 2021: $2,630Net Assets 2021: $1,050,2792021Assets 2022: $1,451,636Liabilities 2022: $218,482Net Assets 2022: $1,233,1542022Assets 2023: $1,346,541Liabilities 2023: $80,700Net Assets 2023: $1,265,8412023Assets 2024: $1,322,940Liabilities 2024: $77,393Net Assets 2024: $1,245,5472024Assets 2025: $1,300,218Liabilities 2025: $3,660Net Assets 2025: $1,296,5582025

Highlighted filing

2020

Assets$935,306
Liabilities$5,640
Net Assets$929,666

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $63,716Expenses 2011: $108,719Net Income 2011: -$45,0032011Revenue 2012: $68,775Expenses 2012: $107,168Net Income 2012: -$38,3932012Revenue 2013: $67,724Expenses 2013: $105,697Net Income 2013: -$37,9732013Revenue 2014: $66,520Expenses 2014: $104,759Net Income 2014: -$38,2392014Revenue 2015: $66,845Expenses 2015: $106,499Net Income 2015: -$39,6542015Revenue 2016: $77,434Expenses 2016: $95,179Net Income 2016: -$17,7452016Revenue 2017: $74,601Expenses 2017: $97,710Net Income 2017: -$23,1092017Revenue 2018: $76,838Expenses 2018: $100,907Net Income 2018: -$24,0692018Revenue 2019: $60,937Expenses 2019: $99,756Net Income 2019: -$38,8192019Revenue 2020: $78,624Expenses 2020: $88,183Net Income 2020: -$9,5592020Revenue 2021: $192,899Expenses 2021: $81,313Net Income 2021: $111,5862021Revenue 2022: $514,158Expenses 2022: $313,100Net Income 2022: $201,0582022Revenue 2023: $92,498Expenses 2023: $189,519Net Income 2023: -$97,0212023Revenue 2024: $78,627Expenses 2024: $114,994Net Income 2024: -$36,3672024Revenue 2025: $163,007Expenses 2025: $122,299Net Income 2025: $40,7082025

Highlighted filing

2020

Revenue$78,624
Expenses$88,183
Net Income-$9,559
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Dec 3, 2020
Return Version
2019v5.0
Gross Receipts
$78,624
Mission and Program Overview

Mission

To promote and foster the fraternal principles and ideals of Phi Delta Theta Fraternity, to acquire and hold real and personal property for a chapter house for the Ohio Epsilon Chapter of Phi Delta Theta Fraternity at The University of Akron and to engage in other pleasure, recreation and non-profit activities which qualify as such within the meaning of Section 501(c)(7) of the Internal Revenue Code.

To promote and foster the fraternal principles and ideals of Phi Delta Theta Fraternity, to acquire and hold real and personal property for a chapter house for the Ohio Epsilon Chapter of Phi Delta Theta Fraternity and to engage in other non-profit activities which qualify under Section 501(c)(7).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$828,710$796,199▼ $32,511
Cash and Non-Interest-Bearing Accounts$54,128$77,131▲ $23,003
Savings and Temporary Cash Investments$60,937$61,976▲ $1,039
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$943,775$935,306▼ $8,469
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$4,550$5,640▲ $1,090
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,550$5,640▲ $1,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$939,225$929,666▼ $9,559
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$939,225$929,666▼ $9,559
Total Liabilities and Net Assets / Fund Balance$943,775$935,306▼ $8,469

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$677,509$285,755$963,264
Other Land Buildings$65,521$102,715$168,236
Equipment$4,727$142,472$147,199
Land$48,442-$48,442
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
David BudaiPresident
James WarnerVice President
George LeucaTrustee
Roberto CapotostoTrustee
Roger LyonsTrustee
Ron GrinderTrustee
Scott HertleTrustee
Zachary BastinSecretary
Larry RothTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$77,585
Investment Income
$1,039
Other Revenue
$0
Change in Net Assets
$-9,559
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,183
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
Occupancy---$52,729
Depreciation Depletion---$35,454
Total Functional Expenses$0$0$0$88,183
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$5,640
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Part VI, Section A, Line 6

All initiated members of the Ohio Epsilon Chapter of Phi Delta Theta in good standing are non-voting members of the corporation.

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

The Trustees, at a Board meeting, review and approve the annual financial reports and the entire Form 990 prior to submittal. Any that cannot attend the meeting, review the documents individually.

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

The policy is reviewed annually at a Board meeting.

Form 990, Part VI, Section C, Line 19

Governing documents and financial reports are available upon request from the person and address recorded on Line 20.

Filing and Contact Details

Filer

Filer Name
194 Spicer Inc
EIN
56-2644123
Phone
3306784545
Address
4648 Muirwood Pl, Stow, OH 44224

Signing Officer

Name
David Budai
Title
President
Phone
3306784545
Signed
2020-12-03

Organization Details

Principal Officer
David Budai
Formed
2007
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
15
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12125
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Operate a fraternity house for the 70+active fraternity members.
IRS990/ProgSrvcAccomActy3Grp/Desc0Host various leadership and social activities to develop members and honor their accomplishments.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0937
IRS990/PYOtherExpensesAmt099756
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt060000
IRS990/PYRevenuesLessExpensesAmt0-38819
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt099756
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt060937
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9559
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060937
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061976
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0677509
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0285755
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0963264
IRS990ScheduleD/EquipmentGrp/BookValueAmt04727
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0142472
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0147199
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt048442
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048442
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt065521
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102715
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0168236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0796199
IRS990ScheduleD/TotalLiabilityAmt05640
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All initiated members of the Ohio Epsilon Chapter of Phi Delta Theta in good standing are non-voting members of the corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Trustees, at a Board meeting, review and approve the annual financial reports and the entire Form 990 prior to submittal. Any that cannot attend the meeting, review the documents individually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The policy is reviewed annually at a Board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents and financial reports are available upon request from the person and address recorded on Line 20.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0943775
IRS990/TotalAssetsEOYAmt0935306
IRS990/TotalAssetsGrp/BOYAmt0943775
IRS990/TotalAssetsGrp/EOYAmt0935306
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt088183
IRS990/TotalGrossUBIAmt01039
IRS990/TotalLiabilitiesBOYAmt04550
IRS990/TotalLiabilitiesEOYAmt05640
IRS990/TotalLiabilitiesGrp/BOYAmt04550
IRS990/TotalLiabilitiesGrp/EOYAmt05640
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0939225
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0929666
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt077585
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt077585
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt078624
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01039
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0943775
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0935306
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04648 Muirwood Pl
IRS990/USAddress/CityNm0Stow
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044224
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0David Budai
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03306784545
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0194 SPICER INC
ReturnHeader/Filer/BusinessNameControlTxt0194S
ReturnHeader/Filer/EIN0562644123
ReturnHeader/Filer/PhoneNum03306784545
ReturnHeader/Filer/USAddress/AddressLine1Txt04648 Muirwood Pl
ReturnHeader/Filer/USAddress/CityNm0Stow
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044224
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.185.49.176
ReturnHeader/ReturnTs02020-12-03T09:53:20-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.16$0.12$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.32$0.08$1.25$0.08$0.11$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.08$1.27$0.09$0.19$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.22$1.23$0.51$0.31$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.19$0.08$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.08$0.09$0.01
2019Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.06$0.10$0.04
2018Summary only. Only limited summary data is available for this year.$0.98$0.01$0.98$0.08$0.10$0.02
2017Summary only. Only limited summary data is available for this year.$1.01$0.01$1.00$0.07$0.10$0.02
2016Summary only. Only limited summary data is available for this year.$1.03$0.00$1.03$0.08$0.10$0.02
2015Summary only. Only limited summary data is available for this year.$1.05$0.00$1.04$0.07$0.11$0.04
2014Summary only. Only limited summary data is available for this year.$1.09$0.00$1.08$0.07$0.10$0.04
2013Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$0.07$0.11$0.04
2012Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$0.07$0.11$0.04
2011Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$0.06$0.11$0.05