Civic Intelligence

Ultimate Imaginations Inc

990 • Fiscal year 2021 • EIN 74-2532863

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 19, 2020

100 N Center StreetMesa, AZ 85201

(480) 890-2613

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.15x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

3rd percentile

-489%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-42%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-80%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$265,905

Down $193,194 (-42%) from 2020

Net Assets

Down

$260,465

Down $198,634 (-43%) from 2020

Liabilities

Up

$5,440

Up $5,440 from 2020

Revenue

Down

$36,198

Down $143,445 (-80%) from 2020

Expenses

Down

$213,276

Down $121,851 (-36%) from 2020

Net Income

Down

-$177,078

Down $21,594 (-14%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $140,038Liabilities 2011: $02011Assets 2012: $77,425Liabilities 2012: $1932012Assets 2013: $166,048Liabilities 2013: $0Net Assets 2013: $166,0482013Assets 2014: $266,456Liabilities 2014: $0Net Assets 2014: $266,4562014Assets 2015: $335,838Liabilities 2015: $0Net Assets 2015: $335,8382015Assets 2016: $409,509Liabilities 2016: $0Net Assets 2016: $409,5092016Assets 2017: $484,451Liabilities 2017: $0Net Assets 2017: $484,4512017Assets 2018: $578,415Liabilities 2018: $0Net Assets 2018: $578,4152018Assets 2019: $625,205Liabilities 2019: $0Net Assets 2019: $625,2052019Assets 2020: $459,099Liabilities 2020: $0Net Assets 2020: $459,0992020Assets 2021: $265,905Liabilities 2021: $5,440Net Assets 2021: $260,4652021Assets 2024: $332,971Liabilities 2024: $6,955Net Assets 2024: $326,0162024Assets 2025: $71,493Liabilities 2025: $8,338Net Assets 2025: $63,1552025

Highlighted filing

2021

Assets$265,905
Liabilities$5,440
Net Assets$260,465

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $127,013Expenses 2011: $64,465Net Income 2011: $62,5482011Revenue 2012: $74,637Expenses 2012: $137,443Net Income 2012: -$62,8062012Revenue 2013: $245,222Expenses 2013: $156,406Net Income 2013: $88,8162013Revenue 2014: $195,982Expenses 2014: $95,574Net Income 2014: $100,4082014Revenue 2015: $256,737Expenses 2015: $187,355Net Income 2015: $69,3822015Revenue 2016: $608,373Expenses 2016: $534,703Net Income 2016: $73,6702016Revenue 2017: $587,371Expenses 2017: $530,842Net Income 2017: $56,5292017Revenue 2018: $424,392Expenses 2018: $349,329Net Income 2018: $75,0632018Revenue 2019: $386,042Expenses 2019: $350,206Net Income 2019: $35,8362019Revenue 2020: $179,643Expenses 2020: $335,127Net Income 2020: -$155,4842020Revenue 2021: $36,198Expenses 2021: $213,276Net Income 2021: -$177,0782021Revenue 2024: $212,065Expenses 2024: $124,289Net Income 2024: $87,7762024Revenue 2025: $208,713Expenses 2025: $172,773Net Income 2025: $35,9402025

Highlighted filing

2021

Revenue$36,198
Expenses$213,276
Net Income-$177,078
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 19, 2020
Return Version
2020v4.0
Gross Receipts
$36,198
Mission and Program Overview

Mission

Facilitate Artistic, Charitable, and Educational Events in Downtown Mesa

Facilitate Artistic, Charitable, and Educational Events in Downtown Mesa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$435,287$250,322▼ $184,965
Inventories for Sale or Use$10,074$0▼ $10,074
Prepaid Expenses and Deferred Charges$8,211$8,952▲ $741
Cash and Non-Interest-Bearing Accounts$5,527$6,471▲ $944
Land, Buildings, and Equipment, Net$0$160▲ $160
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
Loans From Officers Directors$0$0→ $0
Total Assets$459,099$265,905▼ $193,194
Liabilities
Other Liabilities$0$4,290▲ $4,290
Accounts Payable and Accrued Expenses$0$1,150▲ $1,150
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$0$5,440▲ $5,440
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$459,099$260,465▼ $198,634
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$459,099$260,465▼ $198,634
Total Liabilities and Net Assets / Fund Balance$459,099$265,905▼ $193,194

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$160$0$160
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin BroecklingChair
Robert BisettiVice Chair
Susan StephensenDirector
Jeff McVayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$36,198
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-177,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$156,837
Salaries, Compensation, and Employee Benefits$54,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$110,225$0$0$110,225
Other Salaries and Wages$53,971$0$0$53,971
Fees for Services Management$16,000$0$0$16,000
Depreciation Depletion$14,731$0$0$14,731
Insurance$9,222$0$0$9,222
Office Expenses$3,244$0$0$3,244
Fees for Services Legal$3,234$0$0$3,234
Benefits to Members$1,857--$1,857
Payroll Taxes$611$0$0$611
All Other Expenses$181$0$0$181
Total Functional Expenses$213,276$0$0$213,276
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
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
Funds held for future use on a specific event (Hometown Hero Banners)$4,213
Funds held for future use on a specific event (SWMF)$77
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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, Part VI, Section B, Line 11B

The 990 Taxes are given to the Board to review. If approved to proceed then we can finish the filing.

Form 990, Part VI, Section C, Line 19

Upon request

Filing and Contact Details

Filer

Filer Name
Ultimate Imaginations Inc
EIN
74-2532863
Phone
4808902613
Address
100 N Center Street, Mesa, AZ 85201

Signing Officer

Name
Nancy Hormann
Title
President & Executive Director
Phone
6027581951
Signed
2020-04-19

Organization Details

Principal Officer
Kevin Broeckling
Formed
1989
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Header, Line A

Tax return provided to the Board of UII for review, comments and corrections (if needed).

Form 990, Header, Line B

Backup documents are available upon request.

Financial Statement Notes

Schedule D, Part III, Line 1

Nothing received in this FY

Schedule D, Part III, Line 4

A. Promote charitable educational pursuits for the community at large. The primary activities include providing exposure to the performing arts as well as exposure and hands on experience in the visual arts (e.g., crafts and fine arts), to promote downtown Mesa as a center of business, culture and entertainment; to conduct and promote activities and events that build a strong local economy; and to contribute to the well-being, growth and vitality of downtown Mesa: B. Contract with the City of Mesa to conduct any and all designated educational and artistic activities within the meaning of Section 501 (c) (3) of the Code, including for such purposes the making of distributions to organizations that qualify as exempt organizations under Section 501 (c) (3) of the Code. C. Transact any or all lawful business for which nonprofit corporations may be incorporated under Title 10, Chapter 5, Arizona Revised Statutes, as amended from time to time, only to the extent that such purpose does not disqualify the corporation as an exempt organization within the meaning of 501 (c) (3) of the Internal Revenue Code of 1986, as amended (the "Code").

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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08211
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08952
IRS990/PrincipalOfficerNm0Kevin Broeckling
IRS990/PriorPeriodAdjustmentsAmt0-21556
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/Desc0Event Ticket Sales
IRS990/ProgramServiceRevenueGrp/Desc1Farmers Market
IRS990/ProgramServiceRevenueGrp/Desc2Program Sponsored/Reimb Events
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218125
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt021319
IRS990/PYInvestmentIncomeAmt0541
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0278808
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0159102
IRS990/PYRevenuesLessExpensesAmt0-155484
IRS990/PYSalariesCompEmpBnftPaidAmt035000
IRS990/PYTotalExpensesAmt0335127
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0179643
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-177078
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0435287
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250322
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt080000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt080000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt080000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0340000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0211572
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0230898
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0317009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0779479
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0541
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0355
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0159102
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0173876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0193139
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0270012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0832327
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0541
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01840
IRS990ScheduleA/InvestmentIncomeCYPct00.00114
IRS990ScheduleA/InvestmentIncomePYPct00.0
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.78816
IRS990ScheduleA/PublicSupportPY509Pct00.008

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