Civic Intelligence

Special Dreams Farm Inc

EIN 81-0661609 • 501(c)3 • Chesterfield, MI

Profile

Life skill training for developmentally disabled adults in an agricultural setting

33721 RoselawnChesterfield, MI 48047

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

13th percentile

-53%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

48th percentile

-2.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-89%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $244,352 (-100%) from 2020

Liabilities

Down

$0

Down $591 (-100%) from 2020

Net Assets

Down

$0

Down $243,761 (-100%) from 2020

Revenue

Down

$1,849

Down $6,009 (-76%) from 2020

Expenses

Up

$243,617

Up $231,556 (+1920%) from 2020

Net Income

Down

-$241,768

Down $237,565 (-5652%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $408,722Liabilities 2011: $180,812Net Assets 2011: $227,9102011Assets 2012: $445,109Liabilities 2012: $181,692Net Assets 2012: $263,4172012Assets 2013: $464,803Liabilities 2013: $180,279Net Assets 2013: $284,5242013Assets 2014: $445,456Liabilities 2014: $174,831Net Assets 2014: $270,6252014Assets 2015: $434,827Liabilities 2015: $164,807Net Assets 2015: $270,0212015Assets 2016: $450,192Liabilities 2016: $173,050Net Assets 2016: $277,1422016Assets 2017: $431,359Liabilities 2017: $154,498Net Assets 2017: $276,8612017Assets 2018: $435,372Liabilities 2018: $145,667Net Assets 2018: $289,7052018Assets 2019: $250,344Liabilities 2019: $2,380Net Assets 2019: $247,9642019Assets 2020: $244,352Liabilities 2020: $591Net Assets 2020: $243,7612020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $105,474Expenses 2011: $106,440Net Income 2011: -$9662011Revenue 2012: $147,421Expenses 2012: $111,914Net Income 2012: $35,5072012Revenue 2013: $134,766Expenses 2013: $113,103Net Income 2013: $21,6632013Revenue 2014: $108,599Expenses 2014: $122,498Net Income 2014: -$13,8992014Revenue 2015: $132,656Expenses 2015: $133,259Net Income 2015: -$6032015Revenue 2016: $159,212Expenses 2016: $140,381Net Income 2016: $18,8312016Revenue 2017: $134,668Expenses 2017: $143,775Net Income 2017: -$9,1072017Revenue 2018: $106,248Expenses 2018: $101,404Net Income 2018: $4,8442018Revenue 2019: $68,372Expenses 2019: $96,815Net Income 2019: -$28,4432019Revenue 2020: $7,858Expenses 2020: $12,061Net Income 2020: -$4,2032020Revenue 2021: $1,849Expenses 2021: $243,617Net Income 2021: -$241,7682021

Highlighted filing

2021

Revenue$1,849
Expenses$243,617
Net Income-$241,768

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 11, 2021
Return Version
2020v4.0
Gross Receipts
$2,598
Mission and Program Overview

Mission

Life skill training for developmentally disabled adults in an agricultural setting

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$209,853--
Cash and Non-Interest-Bearing Accounts$32,870--
Land, Buildings, and Equipment, Net$1,034--
Prepaid Expenses and Deferred Charges$595--
Total Assets$244,352$0▼ $244,352
Liabilities
Accounts Payable and Accrued Expenses$591--
Total Liabilities$591$0▼ $591
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$243,761--
Total Net Assets Fund Balance$243,761$0▼ $243,761
Total Liabilities and Net Assets / Fund Balance$244,352$0▼ $244,352
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,934
Program Service Revenue
$0
Investment Income
$-85
Other Revenue
$0
All Other Contributions
$1,934
Change in Net Assets
$-241,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,617
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
Fees for Services Accounting-$1,670-$1,670
Insurance-$595-$595
Depreciation Depletion-$285-$285
Office Expenses-$76-$76
Other Expenses$239,000$52-$52
All Other Expenses-$4-$4
Total Functional Expenses$239,000$4,617$0$243,617
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Page 6, Part VI, Line 2

Larry collette mary collette president trustee spouses keith collette larry collette trustee president son keith collette mary collette trustee trustee son bonnie hayter marian helton trustee trustee sisters

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

Only executive board reviews 990 prior to filing

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Special Dreams Farm Inc
EIN
81-0661609
Phone
8109415653
Address
33721 ROSELAWN, CHESTERFIELD, MI 48047

Signing Officer

Name
Larry Collette
Title
President
Phone
8109415653
Signed
2021-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Collette
Formed
2005
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Mcbride-manley & Co Pc
Address
PO BOX 26 1115 S PARKER STREET, MARINE CITY, MI 48039-0026
Preparer
Curtis J Mcbride
Phone
8107654095
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Closing distributions to be made and final accting -1,993

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt42000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt52000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(3)
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt5501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt4CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt5CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt05877 RAMSDELL DR NE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt151111 WASHINGTON ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2333 WEST FORT STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3500 WATER STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt453888 OAKVIEW DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt5PO BOX 938
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ROCKFORD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1NEW BALTIMORE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2DETROIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3PORT HURON
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4SHELBY TWP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm5NEW BALTIMORE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MI
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4MI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5MI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd049341
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd148047
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd248226
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd348060
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd448315
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd548047
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IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 2021, THE ORGANIZATION HAD 1,993 REMAINING IN A CHECKING ACCOUNT. THESE FUNDS ARE BEING HELD FOR FINAL BILL PAYMENT INCLUDING PAYING THE ACCOUNTANT FOR THE FINAL 990 AND FINAL BOOKKEEPING, UNFORESEEN EXPENSES, AND FINAL PRINTINGS AND MAILINGS OF THE 990 AND TERMINATION DOCUMENTS. ANY FUNDS REMAINING IN THE BANK ACCOUNT AFTER THESE ACTIVITIES HAVE BEEN COMPLETED WILL BE DONATED TO RONS FARM-AC CENTER, INC EIN 81- 0684591. IT IS INTENDED FOR ALL FUNDS TO BE DISTRIBUTED BEFORE SEPTEMBER 30, 2021.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LARRY COLLETTE MARY COLLETTE PRESIDENT TRUSTEE SPOUSES KEITH COLLETTE LARRY COLLETTE TRUSTEE PRESIDENT SON KEITH COLLETTE MARY COLLETTE TRUSTEE TRUSTEE SON BONNIE HAYTER MARIAN HELTON TRUSTEE TRUSTEE SISTERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONLY EXECUTIVE BOARD REVIEWS 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CLOSING DISTRIBUTIONS TO BE MADE AND FINAL ACCTING -1,993
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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 XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0244352
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0239000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243617
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0591
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-85
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01849
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 741
IRS990/USAddress/CityNm0NEW BALTIMORE
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd0480470741
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY COLLETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08109415653
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPECIAL DREAMS FARM INC
ReturnHeader/Filer/BusinessNameControlTxt0SPEC
ReturnHeader/Filer/EIN0810661609
ReturnHeader/Filer/PhoneNum08109415653
ReturnHeader/Filer/USAddress/AddressLine1Txt033721 ROSELAWN
ReturnHeader/Filer/USAddress/CityNm0CHESTERFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048047
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382322961
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCBRIDE-MANLEY & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 26 1115 S PARKER STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARINE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0480390026
ReturnHeader/PreparerPersonGrp/PhoneNum08107654095
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CURTIS J MCBRIDE
ReturnHeader/ReturnTs02021-08-16T14:14:22-05:00

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