Civic Intelligence

Smooth Sailing Inc II

990 • Fiscal year 2023 • EIN 58-1933652

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 02, 2023

PO Box 1589Benton, AR 72018

(501) 315-3344

Siviq Scores

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

Liabilities / Assets

95th percentile

1.01x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

1.88x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-34%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

33rd percentile

-8.9%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$176,581

Down $17,241 (-8.9%) from 2022

Net Assets

-$1,883

No earlier filing loaded for comparison.

Liabilities

Up

$178,464

Up $14,886 (+9.1%) from 2022

Revenue

Down

$95,115

Down $12,627 (-12%) from 2022

Expenses

Up

$127,235

Up $5,057 (+4.1%) from 2022

Net Income

Down

-$32,120

Down $17,684 (-122%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $154,328Liabilities 2011: $216,087Net Assets 2011: -$61,7592011Assets 2012: $158,977Liabilities 2012: $208,542Net Assets 2012: -$49,5652012Assets 2013: $160,273Liabilities 2013: $203,845Net Assets 2013: -$43,5722013Assets 2014: $160,481Liabilities 2014: $193,389Net Assets 2014: -$32,9082014Assets 2015: $168,713Liabilities 2015: $184,254Net Assets 2015: -$15,5412015Assets 2016: $173,345Liabilities 2016: $177,0912016Assets 2017: $181,385Liabilities 2017: $168,542Net Assets 2017: $12,8432017Assets 2018: $199,489Liabilities 2018: $182,980Net Assets 2018: $16,5092018Assets 2019: $207,109Liabilities 2019: $189,4922019Assets 2020: $201,800Liabilities 2020: $172,706Net Assets 2020: $29,0942020Assets 2021: $207,613Liabilities 2021: $162,933Net Assets 2021: $44,6802021Assets 2022: $193,822Liabilities 2022: $163,5782022Assets 2023: $176,581Liabilities 2023: $178,464Net Assets 2023: -$1,8832023Assets 2024: $181,628Liabilities 2024: $168,709Net Assets 2024: $12,9192024Assets 2025: $167,252Liabilities 2025: $152,789Net Assets 2025: $14,4632025

Highlighted filing

2023

Assets$176,581
Liabilities$178,464
Net Assets-$1,883

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $63,557Expenses 2011: $65,208Net Income 2011: -$1,6512011Revenue 2012: $75,279Expenses 2012: $63,085Net Income 2012: $12,1942012Revenue 2013: $77,818Expenses 2013: $71,825Net Income 2013: $5,9932013Revenue 2014: $75,998Expenses 2014: $65,334Net Income 2014: $10,6642014Revenue 2015: $73,127Expenses 2015: $55,760Net Income 2015: $17,3672015Revenue 2016: $88,211Expenses 2016: $76,416Net Income 2016: $11,7952016Revenue 2017: $78,609Expenses 2017: $62,020Net Income 2017: $16,5892017Revenue 2018: $80,589Expenses 2018: $76,923Net Income 2018: $3,6662018Revenue 2019: $65,771Expenses 2019: $64,663Net Income 2019: $1,1082019Revenue 2020: $90,311Expenses 2020: $78,834Net Income 2020: $11,4772020Revenue 2021: $102,755Expenses 2021: $87,169Net Income 2021: $15,5862021Revenue 2022: $107,742Expenses 2022: $122,178Net Income 2022: -$14,4362022Revenue 2023: $95,115Expenses 2023: $127,235Net Income 2023: -$32,1202023Revenue 2024: $105,899Expenses 2024: $91,097Net Income 2024: $14,8022024Revenue 2025: $112,350Expenses 2025: $110,806Net Income 2025: $1,5442025

Highlighted filing

2023

Revenue$95,115
Expenses$127,235
Net Income-$32,120
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$95,115
Mission and Program Overview

Mission

HUD HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$134,582$123,886▼ $10,696
Cash and Non-Interest-Bearing Accounts$1,284$4,821▲ $3,537
Total Assets$193,815$176,581▼ $17,234
Other Assets Total$57,949$47,874▼ $10,075
Liabilities
Unsecured Notes Loans Payable$135,230$128,818▼ $6,412
Accounts Payable and Accrued Expenses$26,183$47,943▲ $21,760
Other Liabilities$2,165$1,703▼ $462
Total Liabilities$163,578$178,464▲ $14,886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,237$-1,883▼ $32,120
Total Net Assets Fund Balance$30,237$-1,883▼ $32,120
Total Liabilities and Net Assets / Fund Balance$193,815$176,581▼ $17,234

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$112,511$260,987$373,498
Land$11,375-$11,375
Other Assets Org$3,267--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jack KeathleyChairman
Tyler BlairFinance Committee Chair
Thomas R ButlerVice Chairman
Josh FarmerDirector
Brian MillerMember
Elliott ChesterMember
Jacqueline RossMember
Judge Ted CapeheartMember
Purushottam B ThapaMember
Susan ReidMember
Bill HinsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$69,889
Program Service Revenue
$25,082
Investment Income
$144
Other Revenue
$0
Change in Net Assets
$-32,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$95,115
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$95,115
Total Revenue per Form 990
$95,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,427
Salaries, Compensation, and Employee Benefits$22,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$57,980--$57,980
Office Expenses$22,085--$22,085
Other Salaries and Wages$17,329$3,195-$20,524
Depreciation Depletion$10,696--$10,696
Interest$5,284--$5,284
Fees for Services Accounting-$3,710-$3,710
Fees for Services Management-$3,185-$3,185
Payroll Taxes$1,355--$1,355
Travel$1,112--$1,112
Other Employee Benefits$929--$929
Conferences and Meetings-$332-$332
Insurance$43--$43
Total Functional Expenses$116,813$10,422$0$127,235

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$127,235
Total Expenses per Audited Statements$127,235
Total Expenses per Form 990$127,235
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$1,703
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Birchtree communties, inc.

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

Form 990 will be reviewed by the chief financial officer for the managing organization before filing

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

Reviewed by bod at scheduled meetings.

Form 990, Part VI, Section B, Line 15B

15a: review by bod 15b: set by ceo by consulting outside sources & data.

Form 990, Part VI, Section C, Line 18

Can review documents at home office conference room.

Form 990, Part VI, Section C, Line 19

Governing doc's & financial statements are public information available on request. Conflict of interest policy is for internal review only.

Filing and Contact Details

Filer

Filer Name
Smooth Sailing Inc Ii
EIN
58-1933652
Phone
5013153344
Address
PO BOX 1589, BENTON, AR 72018

Signing Officer

Name
Blake Smith
Title
CFO
Phone
5013153344
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Blake Smith
Formed
1990
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Little Shaneyfelt Marshall & Co Pa
Address
1501 N UNIVERSITY SUITE 600, LITTLE ROCK, AR 72207
Preparer
Jeff Shaneyfelt
Phone
5016662879
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management reviews tax positions annually to determine whether or not there are uncertain tax positions which require measurement, recognition, and disclosure.

Raw XML AppendixShowing 400 of 431 raw XML fields

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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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt027440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0102687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt090245
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt065718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0311172
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0392
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt0461302
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt094971
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0107681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0102687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt090245
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065718
IRS990ScheduleA/Total509Grp/TotalAmt0461302
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt095115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0107742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0102755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt090311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065771
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0461694
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0112511
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0260987
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0373498
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0127235
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt011375
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011375
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11714
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23267
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REGIONS-RESERVE FOR REPLACE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2A/R HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt095115
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS TAX POSITIONS ANNUALLY TO DETERMINE WHETHER OR NOT THERE ARE UNCERTAIN TAX POSITIONS WHICH REQUIRE MEASUREMENT, RECOGNITION, AND DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0123886
IRS990ScheduleD/TotalBookValueOtherAssetsAmt047874
IRS990ScheduleD/TotalExpensesPerForm990Amt0127235
IRS990ScheduleD/TotalLiabilityAmt01703
IRS990ScheduleD/TotalRevenuePerForm990Amt095115
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt095115
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BIRCHTREE COMMUNTIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WILL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER FOR THE MANAGING ORGANIZATION BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOD AT SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt315A: REVIEW BY BOD 15B: SET BY CEO BY CONSULTING OUTSIDE SOURCES & DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAN REVIEW DOCUMENTS AT HOME OFFICE CONFERENCE ROOM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOC'S & FINANCIAL STATEMENTS ARE PUBLIC INFORMATION AVAILABLE ON REQUEST. CONFLICT OF INTEREST POLICY IS FOR INTERNAL REVIEW ONLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0193815
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IRS990/TotalAssetsGrp/BOYAmt0193815
IRS990/TotalAssetsGrp/EOYAmt0176581
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt069889
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010422
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0116813
IRS990/TotalFunctionalExpensesGrp/TotalAmt0127235
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0163578
IRS990/TotalLiabilitiesEOYAmt0178464
IRS990/TotalLiabilitiesGrp/BOYAmt0163578
IRS990/TotalLiabilitiesGrp/EOYAmt0178464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030237
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1883
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0116813
IRS990/TotalProgramServiceRevenueAmt025082
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095115
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0193815
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0176581
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01112
IRS990/TravelGrp/TotalAmt01112
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0135230
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0128818
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1589
IRS990/USAddress/CityNm0BENTON
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072018
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Summary only. Only limited summary data is available for this year.$1.67$1.53$0.14$1.12$1.11$0.02
2024Summary only. Only limited summary data is available for this year.$1.82$1.69$0.13$1.06$0.91$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.77$1.78$0.02$0.95$1.27$0.32
2022Summary only. Only limited summary data is available for this year.$1.94$1.64$1.08$1.22$0.14
2021Summary only. Only limited summary data is available for this year.$2.08$1.63$0.45$1.03$0.87$0.16
2020Summary only. Only limited summary data is available for this year.$2.02$1.73$0.29$0.90$0.79$0.11
2019Summary only. Only limited summary data is available for this year.$2.07$1.89$0.66$0.65$0.01
2018Summary only. Only limited summary data is available for this year.$1.99$1.83$0.17$0.81$0.77$0.04
2017Summary only. Only limited summary data is available for this year.$1.81$1.69$0.13$0.79$0.62$0.17
2016Summary only. Only limited summary data is available for this year.$1.73$1.77$0.88$0.76$0.12
2015Summary only. Only limited summary data is available for this year.$1.69$1.84$0.16$0.73$0.56$0.17
2014Summary only. Only limited summary data is available for this year.$1.60$1.93$0.33$0.76$0.65$0.11
2013Summary only. Only limited summary data is available for this year.$1.60$2.04$0.44$0.78$0.72$0.06
2012Summary only. Only limited summary data is available for this year.$1.59$2.09$0.50$0.75$0.63$0.12
2011Summary only. Only limited summary data is available for this year.$1.54$2.16$0.62$0.64$0.65$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits