Civic Intelligence

Intercoiffure America-Canada

990 • Fiscal year 2016 • EIN 58-2126605

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

1480 Manning ParkwayPowell, OH 43065

(614) 418-5350

Siviq Scores

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

Liabilities / Assets

45th percentile

0.15x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.12x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

14th percentile

-7.7%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

56th percentile

5.4%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

40%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,062,774

Up $54,649 (+5.4%) from 2015

Net Assets

Up

$902,349

Up $305,430 (+51%) from 2015

Liabilities

Down

$160,425

Down $250,781 (-61%) from 2015

Revenue

Up

$1,357,143

Up $390,122 (+40%) from 2015

Expenses

Up

$1,461,784

Up $355,593 (+32%) from 2015

Net Income

Up

-$104,641

Up $34,529 (+25%) from 2015

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 2010: $1,103,862Liabilities 2010: $150Net Assets 2010: $1,103,7122010Assets 2011: $901,473Liabilities 2011: $0Net Assets 2011: $901,4732011Assets 2012: $699,808Liabilities 2012: $0Net Assets 2012: $699,8082012Assets 2013: $891,384Liabilities 2013: $16,250Net Assets 2013: $875,1342013Assets 2014: $738,308Liabilities 2014: $0Net Assets 2014: $738,3082014Assets 2015: $1,008,125Liabilities 2015: $411,206Net Assets 2015: $596,9192015Assets 2016: $1,062,774Liabilities 2016: $160,425Net Assets 2016: $902,3492016Assets 2017: $894,053Liabilities 2017: $30,500Net Assets 2017: $863,5532017Assets 2018: $1,326,840Liabilities 2018: $246,023Net Assets 2018: $1,080,8172018Assets 2019: $1,083,988Liabilities 2019: $20,242Net Assets 2019: $1,063,7462019Assets 2020: $1,325,517Liabilities 2020: $1,607Net Assets 2020: $1,323,9102020Assets 2021: $1,493,364Liabilities 2021: $35,107Net Assets 2021: $1,458,2572021Assets 2022: $1,035,889Liabilities 2022: $0Net Assets 2022: $1,035,8892022Assets 2023: $1,356,228Liabilities 2023: $100,000Net Assets 2023: $1,256,2282023Assets 2024: $1,241,638Liabilities 2024: $50,000Net Assets 2024: $1,191,6382024

Highlighted filing

2016

Assets$1,062,774
Liabilities$160,425
Net Assets$902,349

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,117,2812010Expenses 2011: $1,159,3802011Expenses 2012: $1,234,0372012Revenue 2013: $1,046,200Expenses 2013: $874,596Net Income 2013: $171,6042013Revenue 2014: $1,018,764Expenses 2014: $1,155,590Net Income 2014: -$136,8262014Revenue 2015: $967,021Expenses 2015: $1,106,191Net Income 2015: -$139,1702015Revenue 2016: $1,357,143Expenses 2016: $1,461,784Net Income 2016: -$104,6412016Revenue 2017: $1,153,817Expenses 2017: $1,324,324Net Income 2017: -$170,5072017Revenue 2018: $1,404,787Expenses 2018: $1,187,526Net Income 2018: $217,2612018Revenue 2019: $1,558,959Expenses 2019: $1,566,031Net Income 2019: -$7,0722019Revenue 2020: $614,702Expenses 2020: $362,126Net Income 2020: $252,5762020Revenue 2021: $614,008Expenses 2021: $591,751Net Income 2021: $22,2572021Revenue 2022: $664,920Expenses 2022: $997,612Net Income 2022: -$332,6922022Revenue 2023: $873,586Expenses 2023: $744,596Net Income 2023: $128,9902023Revenue 2024: $732,208Expenses 2024: $851,579Net Income 2024: -$119,3712024

Highlighted filing

2016

Revenue$1,357,143
Expenses$1,461,784
Net Income-$104,641
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,357,143
Mission and Program Overview

Mission

The corporation was formed for the purpose of professional enhancement functions on behalf of the cosmetology industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$750,940$671,309▼ $79,631
Cash and Non-Interest-Bearing Accounts$247,900$175,679▼ $72,221
Intangible Assets$9,285$3,081▼ $6,204
Prepaid Expenses and Deferred Charges-$514-
Accounts Receivable-$155-
Total Assets$1,008,125$1,062,774▲ $54,649
Other Assets Total-$212,036-
Liabilities
Accounts Payable and Accrued Expenses$300,481--
Deferred Revenue$110,725$160,425▲ $49,700
Total Liabilities$411,206$160,425▼ $250,781
Net Assets / Fund Balance
Unrestricted Net Assets$596,919$902,349▲ $305,430
Total Net Assets Fund Balance$596,919$902,349▲ $305,430
Total Liabilities and Net Assets / Fund Balance$1,008,125$1,062,774▲ $54,649

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$50,900--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank GambuzzaPresident
Candy Shaw-codnerBoard Member
John DonatoBoard Member
Maryanne MccormackBoard Member
Oliver StennagelBoard Member
Robin CookBoard Member
Salvatore MinardiBoard Member
Staci BowieBoard Member
Terry MckeeBoard Member
Woody MichlebBoard Member
Lois ChristieTrustee/dire
Sheila Zaricor-wilson1st Vice Pre
Andreas Zafiriadis2nd Vice Pre
Inge HandingSecretary
Charles PenzoneTreasurer
Darleen GageTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$539,000
Program Service Revenue
$818,044
Investment Income
$99
Other Revenue
$0
All Other Contributions
$539,000
Change in Net Assets
$-104,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,461,784
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
All Other Expenses---$216,389
Other Expenses---$97,615
Fees for Services Legal---$32,006
Fees for Services Accounting---$16,780
Depreciation Depletion---$6,204
Advertising---$5,193
Office Expenses---$3,985
Insurance---$599
Total Functional Expenses$0$0$0$1,461,784
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
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
Yes
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 4

Bylaws sec 3.2 - member dues: the board of directors of the corporation has the authority to set the amount and timing of dues, and revoke membership for unpaid amounts including but not limited to membership dues. Bylaws sec 3.3 - voting rights: voting rights are given to paid members and the secretary of the corporation ahall determine the paid members. Bylaws sec 8.3 - contracts: board of directors approval is needed before any contract change in accounting firms, financial advisory firms, investment firms or attorneys.

Form 990, Page 6, Part VI, Line 11B

The organization does not require review of form 990 prior to filing the return.

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Intercoiffure America-canada
EIN
58-2126605
Phone
6144185350
Address
1480 MANNING PARKWAY, POWELL, OH 43065

Signing Officer

Name
Charles Penzone
Title
Treasurer
Phone
6148981200
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Penzone
Formed
1994
Voting Board Members
15
Independent Board Members
207
Employees
0

Preparer

Firm
Stovall Grandey & Allen Llp
Address
500 W 7TH ST SUITE 900 UNIT 51, FORT WORTH, TX 76102-4702
Preparer
David G Stovall
Phone
8176322500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Ica councils 86,954 0 0 president reimbursement 0 47,117 0 banking & credit card fee 0 42,901 0 z11 communications 24,733 0 0 treasurer reimbursement 0 9,600 0 storage expenses 0 2,271 0 site visits 1,317 0 0 board meeting expenses 0 885 0 telephone expenses 0 312 0 ubs fees 0 175 0 miscellaneous 94 0 0 video development 30 0 0 total 113,128 103,261 0

Form 990, Part XI, Line 9

Py adjustments 159,136 cash conversion 250,935 total 410,071

Form 990, Page 12, Part XII, Line 1

The organization is filing the 2016 form 990 on the accrual method of accounting, which more accurately reflects the organization's income and expenses.

Raw XML Appendix372 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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IRS990/PYContributionsGrantsAmt0344770
IRS990/PYInvestmentIncomeAmt075
IRS990/PYOtherExpensesAmt01106191
IRS990/PYProgramServiceRevenueAmt0622176
IRS990/PYRevenuesLessExpensesAmt0-139170
IRS990/PYTotalExpensesAmt01106191
IRS990/PYTotalRevenueAmt0967021
IRS990/ReconcilationRevenueExpnssAmt0-104641
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01357044
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0750940
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0671309
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0161136
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EVENT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UNDEPOSITED FUNDS
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0212036
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BYLAWS SEC 3.2 - MEMBER DUES: THE BOARD OF DIRECTORS OF THE CORPORATION HAS THE AUTHORITY TO SET THE AMOUNT AND TIMING OF DUES, AND REVOKE MEMBERSHIP FOR UNPAID AMOUNTS INCLUDING BUT NOT LIMITED TO MEMBERSHIP DUES. BYLAWS SEC 3.3 - VOTING RIGHTS: VOTING RIGHTS ARE GIVEN TO PAID MEMBERS AND THE SECRETARY OF THE CORPORATION AHALL DETERMINE THE PAID MEMBERS. BYLAWS SEC 8.3 - CONTRACTS: BOARD OF DIRECTORS APPROVAL IS NEEDED BEFORE ANY CONTRACT CHANGE IN ACCOUNTING FIRMS, FINANCIAL ADVISORY FIRMS, INVESTMENT FIRMS OR ATTORNEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT REQUIRE REVIEW OF FORM 990 PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ICA COUNCILS 86,954 0 0 PRESIDENT REIMBURSEMENT 0 47,117 0 BANKING & CREDIT CARD FEE 0 42,901 0 Z11 COMMUNICATIONS 24,733 0 0 TREASURER REIMBURSEMENT 0 9,600 0 STORAGE EXPENSES 0 2,271 0 SITE VISITS 1,317 0 0 BOARD MEETING EXPENSES 0 885 0 TELEPHONE EXPENSES 0 312 0 UBS FEES 0 175 0 MISCELLANEOUS 94 0 0 VIDEO DEVELOPMENT 30 0 0 TOTAL 113,128 103,261 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PY ADJUSTMENTS 159,136 CASH CONVERSION 250,935 TOTAL 410,071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS FILING THE 2016 FORM 990 ON THE ACCRUAL METHOD OF ACCOUNTING, WHICH MORE ACCURATELY REFLECTS THE ORGANIZATION'S INCOME AND EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 1
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01008125
IRS990/TotalAssetsEOYAmt01062774
IRS990/TotalAssetsGrp/BOYAmt01008125
IRS990/TotalAssetsGrp/EOYAmt01062774
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0539000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01461784
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0411206
IRS990/TotalLiabilitiesEOYAmt0160425
IRS990/TotalLiabilitiesGrp/BOYAmt0411206
IRS990/TotalLiabilitiesGrp/EOYAmt0160425
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0596919
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0902349
IRS990/TotalProgramServiceExpensesAmt01307071
IRS990/TotalProgramServiceRevenueAmt0818044
IRS990/TotalRevenueGrp/ExclusionAmt099
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0818044
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01357143
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01008125
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01062774
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0596919
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0902349
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01480 MANNING PARKWAY
IRS990/USAddress/CityNm0POWELL
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043065
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt0207
IRS990/WebsiteAddressTxt0WWW.INTERCOIFFURE.US
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES PENZONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06148981200
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERCOIFFURE AMERICA-CANADA
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0582126605
ReturnHeader/Filer/PhoneNum06144185350
ReturnHeader/Filer/USAddress/AddressLine1Txt01480 MANNING PARKWAY
ReturnHeader/Filer/USAddress/CityNm0POWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043065
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C4E61175DBA6A5AC5DC80957DAB672890487ADC7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId019C3764FD7E16FB4ACA36044FF05FC5449D87197
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752678894
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOVALL GRANDEY & ALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 W 7TH ST SUITE 900 UNIT 51
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0761024702
ReturnHeader/PreparerPersonGrp/PhoneNum08176322500
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID G STOVALL
ReturnHeader/ReturnTs02017-05-11T16:04:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.05$1.19$0.73$0.85$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.10$1.26$0.87$0.74$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.66$1.00$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.04$1.46$0.61$0.59$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.00$1.32$0.61$0.36$0.25
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.02$1.06$1.56$1.57$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.25$1.08$1.40$1.19$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.03$0.86$1.15$1.32$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.16$0.90$1.36$1.46$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.41$0.60$0.97$1.11$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.02$1.16$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.02$0.88$1.05$0.87$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$1.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$1.12