Civic Intelligence

Queer Asterisk

990 • Fiscal year 2019 • EIN 81-2883822

Jan 01, 2019 to Dec 31, 2019 • Filed on May 17, 2020

4535 N BroadwayBoulder, CO 80304

(720) 507-6161

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.79x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.24x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$50,220

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

97th percentile

385%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

104%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$67,940

Up $53,933 (+385%) from 2018

Net Assets

Up

$14,209

Up $39,137 (+157%) from 2018

Liabilities

Up

$53,731

Up $14,796 (+38%) from 2018

Revenue

Up

$220,403

Up $112,179 (+104%) from 2018

Expenses

Up

$181,267

Up $72,914 (+67%) from 2018

Net Income

Up

$39,136

Up $39,265 (+30438%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2017: $21Liabilities 2017: $24,820Net Assets 2017: -$24,7992017Assets 2018: $14,007Liabilities 2018: $38,935Net Assets 2018: -$24,9282018Assets 2019: $67,940Liabilities 2019: $53,731Net Assets 2019: $14,2092019Assets 2020: $221,742Liabilities 2020: $94,662Net Assets 2020: $127,0802020Assets 2021: $452,035Liabilities 2021: $183,062Net Assets 2021: $268,9732021Assets 2022: $598,155Liabilities 2022: $290,523Net Assets 2022: $307,6322022Assets 2023: $962,021Liabilities 2023: $434,454Net Assets 2023: $527,5672023Assets 2024: $947,269Liabilities 2024: $459,718Net Assets 2024: $487,5512024

Highlighted filing

2019

Assets$67,940
Liabilities$53,731
Net Assets$14,209

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $74,978Expenses 2017: $92,824Net Income 2017: -$17,8462017Revenue 2018: $108,224Expenses 2018: $108,353Net Income 2018: -$1292018Revenue 2019: $220,403Expenses 2019: $181,267Net Income 2019: $39,1362019Revenue 2020: $623,992Expenses 2020: $511,122Net Income 2020: $112,8702020Revenue 2021: $1,261,196Expenses 2021: $1,119,301Net Income 2021: $141,8952021Revenue 2022: $1,447,857Expenses 2022: $1,409,193Net Income 2022: $38,6642022Revenue 2023: $1,518,339Expenses 2023: $1,298,404Net Income 2023: $219,9352023Revenue 2024: $1,462,406Expenses 2024: $1,502,422Net Income 2024: -$40,0162024

Highlighted filing

2019

Revenue$220,403
Expenses$181,267
Net Income$39,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 17, 2020
Return Version
2019v5.1
Gross Receipts
$220,403
Mission and Program Overview

Mission

Queer Asterisk empowers and nurtures the diverse ways of being that queer people embody by providing accessible counseling, education and community programs that uplift queer, trans and gender expansive lives.

To provide queer-informed counseling services, community programming, and educational trainings to promote internal wellness and social connection among queer and trans people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5$57,521▲ $57,516
Cash and Non-Interest-Bearing Accounts$14,002$10,419▼ $3,583
Total Assets$14,007$67,940▲ $53,933
Liabilities
Accounts Payable and Accrued Expenses$38,935$53,731▲ $14,796
Total Liabilities$38,935$53,731▲ $14,796
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-24,928$14,209▲ $39,137
Total Net Assets Fund Balance$-24,928$14,209▲ $39,137
Total Liabilities and Net Assets / Fund Balance$14,007$67,940▲ $53,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sorin ThomasExecutive DirectorFT$50,220$50,220
Brett AdamekTreasurer/DirectorPT$9,022$9,022

Board Members and Trustees

NameTitle
Diane IsraelBoard Chair
Anne Marie DiGiacomoDirector
Robyn ChauvinDirector
Shira Barchilon FrankDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$84,489
Program Service Revenue
$135,870
Investment Income
$44
Other Revenue
$0
All Other Contributions
$84,489
Change in Net Assets
$39,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$131,717
Other Expenses$49,550
Total Fundraising Expense$5,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,484$9,449$1,181$68,114
Current Officers, Directors, Trustees, and Key Employees$45,742$12,000$1,500$59,242
Occupancy$11,098$8,071$1,009$20,178
All Other Expenses$3,268$2,376$753$6,397
Other Expenses$3,453$0$0$3,453
Payroll Taxes$1,588$1,155$144$2,887
Office Expenses$1,361$990$124$2,475
Advertising$1,063$773$97$1,933
Insurance$929$676$84$1,689
Pension Plan Contributions$750$545$68$1,363
Travel$744$541$68$1,353
Fees for Services Legal$539$392$49$980
Conferences and Meetings$665$250$31$946
Information Technology$360$262$33$655
Other Employee Benefits$61$44$6$111
Total Functional Expenses$135,878$39,940$5,449$181,267
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
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
Queer Asterisk
EIN
81-2883822
Phone
7205076161
Address
4535 N BROADWAY, BOULDER, CO 80304

Signing Officer

Name
Sorin Thomas
Title
Executive Director
Phone
7205076161
Signed
2020-05-17

Organization Details

Principal Officer
Sorin Thomas
Formed
2016
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
4
Employees
4
Volunteers
20

Preparer

Firm
Patricia Kay Financial Consulting
Address
519 Chicago Ave - Unit A, Evanston, IL 60202
Preparer
Patricia Kay
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A draft of the 990 was distributed to the Board of Directors for their approval.

Pt VI, Line 15A

Members on the Board of Directors gather comparative compensation for Executive Director and top management officials to justify compensation given.

Pt VI, Line 19

The Organization makes its governing documents and financial statements available to the public upon written request.

Pt VI, Line 12C

The Organization has a conflict of interest policy which is signed by all officers, directors, and employees annually.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt074978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt014730
IRS990ScheduleA/Total509Grp/TotalAmt0418292
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the 990 was distributed to the Board of Directors for their approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members on the Board of Directors gather comparative compensation for Executive Director and top management officials to justify compensation given.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents and financial statements available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization has a conflict of interest policy which is signed by all officers, directors, and employees annually.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039940
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0135878
IRS990/TotalFunctionalExpensesGrp/TotalAmt0181267
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt053731
IRS990/TotalLiabilitiesGrp/BOYAmt038935
IRS990/TotalLiabilitiesGrp/EOYAmt053731
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-24928
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014209
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IRS990/TotalProgramServiceRevenueAmt0135870
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220403
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IRS990/TotalVolunteersCnt020
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IRS990/TravelGrp/FundraisingAmt068
IRS990/TravelGrp/ManagementAndGeneralAmt0541
IRS990/TravelGrp/ProgramServicesAmt0744
IRS990/TravelGrp/TotalAmt01353
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0611 LINCOLN ST
IRS990/USAddress/CityNm0LONGMONT
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IRS990/USAddress/ZIPCd080501
IRS990/VotingMembersGoverningBodyCnt06
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IRS990/WebsiteAddressTxt0WWW.QUEERASTERISK.COM
IRS990/WhistleblowerPolicyInd0true

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