Civic Intelligence

Treetops Collective

990 • Fiscal year 2019 • EIN 81-2864199

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 13, 2020

906 Division Ave SWGrand Rapids, MI 49507

(616) 389-0117

Siviq Scores

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

Liabilities / Assets

80th percentile

0.46x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

1.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$44,471

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

15th percentile

-7.5%

Faster asset growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,163,492

Down $94,536 (-7.5%) from 2018

Net Assets

Down

$632,179

Down $93,346 (-13%) from 2018

Liabilities

Down

$531,313

Down $1,190 (-0.2%) from 2018

Revenue

Down

$421,735

Down $523,703 (-55%) from 2018

Expenses

Up

$515,081

Up $241,592 (+88%) from 2018

Net Income

Down

-$93,346

Down $765,295 (-114%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $57,394Liabilities 2017: $7,060Net Assets 2017: $50,3342017Assets 2018: $1,258,028Liabilities 2018: $532,503Net Assets 2018: $725,5252018Assets 2019: $1,163,492Liabilities 2019: $531,313Net Assets 2019: $632,1792019Assets 2020: $1,398,145Liabilities 2020: $607,452Net Assets 2020: $790,6932020Assets 2021: $1,496,913Liabilities 2021: $515,378Net Assets 2021: $981,5352021Assets 2022: $2,002,234Liabilities 2022: $528,631Net Assets 2022: $1,473,6032022Assets 2023: $2,155,616Liabilities 2023: $523,150Net Assets 2023: $1,632,4662023Assets 2024: $2,422,169Liabilities 2024: $490,495Net Assets 2024: $1,931,6742024

Highlighted filing

2019

Assets$1,163,492
Liabilities$531,313
Net Assets$632,179

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $146,312Expenses 2017: $103,919Net Income 2017: $42,3932017Revenue 2018: $945,438Expenses 2018: $273,489Net Income 2018: $671,9492018Revenue 2019: $421,735Expenses 2019: $515,081Net Income 2019: -$93,3462019Revenue 2020: $677,858Expenses 2020: $519,344Net Income 2020: $158,5142020Revenue 2021: $847,979Expenses 2021: $657,137Net Income 2021: $190,8422021Revenue 2022: $1,297,025Expenses 2022: $804,957Net Income 2022: $492,0682022Revenue 2023: $1,274,645Expenses 2023: $1,115,782Net Income 2023: $158,8632023Revenue 2024: $1,626,295Expenses 2024: $1,327,087Net Income 2024: $299,2082024

Highlighted filing

2019

Revenue$421,735
Expenses$515,081
Net Income-$93,346
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 13, 2020
Return Version
2019v5.1
Gross Receipts
$497,067
Mission and Program Overview

Mission

To connect new American women with people and opportunities in their new community so they can put their roots down deep and stand tall for generations to come

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$988,745$942,925▼ $45,820
Cash and Non-Interest-Bearing Accounts$239,277$168,617▼ $70,660
Inventories for Sale or Use$20,164$35,726▲ $15,562
Prepaid Expenses and Deferred Charges$4,054$11,973▲ $7,919
Accounts Receivable$5,788$4,251▼ $1,537
Total Assets$1,258,028$1,163,492▼ $94,536
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$500,000→ $0
Accounts Payable and Accrued Expenses$26,883$31,213▲ $4,330
Deferred Revenue$5,620$100▼ $5,520
Total Liabilities$532,503$531,313▼ $1,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$710,525$628,338▼ $82,187
Net Assets With Donor Restrictions$15,000$3,841▼ $11,159
Total Net Assets Fund Balance$725,525$632,179▼ $93,346
Total Liabilities and Net Assets / Fund Balance$1,258,028$1,163,492▼ $94,536

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$907,870$60,525$968,395
Land$31,722-$31,722
Equipment$3,333$666$3,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dana DollExecutive DirectorFT$44,471$44,471

Board Members and Trustees

NameTitle
Laura Hofman WatrousBoard Chair
Tiffany PageVice President
Bill RobinsonDirector
Britt DarrowDirector
Edna MbangukiraDirector
Kate BrubakerDirector
Roland NyamogaDirector
Yadira Garza-MaloneSecretary
Scott ZylstraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$321,284
Program Service Revenue
$74,765
Investment Income
$8,986
Other Revenue
$16,700
All Other Contributions
$287,517
Change in Net Assets
$-93,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$441,749
Revenue Not Reported on Financial Statements
$20,014
Revenue Not Reported on Form 990
$14,242
Other Revenue Adjustments
$20,014
Total Revenue per Audited Statements
$455,991
Total Revenue per Form 990
$461,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$285,100
Other Expenses$229,981
Total Fundraising Expense$84,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,740$15,553$64,807$285,100
Depreciation Depletion$3,402$48,620$0$52,022
Occupancy$20,745$11,516$0$32,261
Fees for Services Other$16,932$10,026$2,086$29,044
All Other Expenses$16,328$2,951$1,196$20,475
Interest$11,250$1,250$0$12,500
Advertising$6,209$455$4,631$11,295
Other Expenses$10,405$0$0$10,405
Information Technology$4,310$1,121$2,484$7,915
Insurance$0$2,622$0$2,622
Conferences and Meetings$1,196$295$692$2,183
Travel$1,024$15$196$1,235
Total Functional Expenses$336,008$95,063$84,010$515,081

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$555,109
Total Expenses per Audited Statements$549,337
Expenses per Audited Statements$535,095
Expenses Not Reported on Financial Statements$20,014
Other Expense Adjustments$20,014
Expenses Not Reported on Form 990$14,242
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$20,014
Fundraising Gross Income$17,137
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cocktails for the Collective$11,231$6,956$200$6,756
Annual Celebration----
Total Events$11,231$6,956$1,798$5,158
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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
No
Filing and Contact Details

Filer

Filer Name
Treetops Collective
EIN
81-2864199
Phone
6163890117
Address
906 Division Ave SW, Grand Rapids, MI 49507

Signing Officer

Name
Tarah Carnahan
Title
Executive Director
Phone
6163890117
Signed
2020-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tarah Carnahan
Formed
2017
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
66

Preparer

Firm
Vredeveld Haefner LLC
Address
10302 20TH AVE NW, GRAND RAPIDS, MI 49534-8937
Preparer
Peter Haefner
Phone
6164609388
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the 990 is provided to the Executive Director, the Finance Committee, and the Board of Directors for review and approval prior to filing the 990.

Pt VI, Line 12C

When Board members join, they sign a conflict of interest policy which is reviewed annually by the Board of Directors and the Finance Committee.

Pt VI, Line 15A

Other Organizations in the area with a similar budget were reviewed to determine appropriate compensation.

Pt VI, Line 15B

Other Organizations in the area with a similar budget were reviewed to determine appropriate compensation.

Financial Statement Notes

Pt XI, Line 4B

Fundraising event expenses are reported as expenses on the financial statements but included as a revenue reduction on the 990.

Pt XII, Line 4B

Fundraising event expenses are reported as expenses on the financial statements but included as a revenue reduction on the 990.

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IRS990/OtherExpensesGrp/Desc2Woman's matched savings fund
IRS990/OtherExpensesGrp/Desc3Donated goods
IRS990/OtherExpensesGrp/FundraisingAmt010
IRS990/OtherExpensesGrp/FundraisingAmt17908
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1639
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt010629
IRS990/OtherExpensesGrp/ProgramServicesAmt120621
IRS990/OtherExpensesGrp/ProgramServicesAmt28217
IRS990/OtherExpensesGrp/ProgramServicesAmt310405
IRS990/OtherExpensesGrp/TotalAmt010639
IRS990/OtherExpensesGrp/TotalAmt129168
IRS990/OtherExpensesGrp/TotalAmt28217
IRS990/OtherExpensesGrp/TotalAmt310405
IRS990/OtherRevenueMiscGrp/BusinessCd0813319
IRS990/OtherRevenueMiscGrp/Desc0Other revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0339
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0339
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0339
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064807
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015553
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0204740
IRS990/OtherSalariesAndWagesGrp/TotalAmt0285100
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04054
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011973
IRS990/PrincipalOfficerNm0Tarah Carnahan
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0Rent
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074765
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt035163
IRS990/ProgSrvcAccomActy2Grp/Desc0Social Enterprise - Treetops Collective's Social Enterprise provides a fair wage to refugee women and teen girls who are making and selling our goods. Although this initiative fits in to our priority of economic development, it also serves as an engagement tool for our broader community who get to see the skills and talents refugees are bringing to our community; this flips the dominant narrative that refugees take from their communities of resettlement, when in fact, they add both cultural and economic prosperity. In 2019, 7 refugee women were employed or engaged in contract work. Teens had their first job experience, learning sales, marketing, storytelling, and how to launch a creative product of their own ideas. Over 1,110 customers were reached with the story of welcoming. In 2019 our Social Enterprise is pursuing contract sewing work to expand opportunities for the women we serve.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135353
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt074556
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0871817
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0604
IRS990/PYOtherExpensesAmt0115785
IRS990/PYOtherRevenueAmt048759
IRS990/PYProgramServiceRevenueAmt024258
IRS990/PYRevenuesLessExpensesAmt0671949
IRS990/PYSalariesCompEmpBnftPaidAmt0157704
IRS990/PYTotalExpensesAmt0273489
IRS990/PYTotalRevenueAmt0945438
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-93346
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0321284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0871817
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0129599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01322700
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041736
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06644
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt048380
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0225671
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0646426
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0676274
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0321284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0871817
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0129599
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01322700
IRS990ScheduleA/TotalSupportAmt01393320
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt018132
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt04108
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt022240
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0907870
IRS990ScheduleD/BuildingsGrp/DepreciationAmt060525
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0968395
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt014242
IRS990ScheduleD/DonatedServicesUseFcltsAmt014242
IRS990ScheduleD/EquipmentGrp/BookValueAmt03333
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0666
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03999
IRS990ScheduleD/ExpensesNotReportedAmt014242
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt020014
IRS990ScheduleD/ExpensesSubtotalAmt0535095
IRS990ScheduleD/LandGrp/BookValueAmt031722
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031722
IRS990ScheduleD/OtherExpensesNotIncludedAmt020014
IRS990ScheduleD/OtherRevenuesNotIncludedAmt020014
IRS990ScheduleD/RevenueNotReportedAmt014242
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt020014
IRS990ScheduleD/RevenueSubtotalAmt0441749
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising event expenses are reported as expenses on the financial statements but included as a revenue reduction on the 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising event expenses are reported as expenses on the financial statements but included as a revenue reduction on the 990.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0942925
IRS990ScheduleD/TotalExpensesPerForm990Amt0555109
IRS990ScheduleD/TotalRevenuePerForm990Amt0461763
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0455991
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0549337
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt04275
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt04275
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01798
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Cocktails for the Collective
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Annual Celebration
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01333
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt011231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06956
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt06956
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05158

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