Civic Intelligence

Wasatch Community Acupuncture

990 • Fiscal year 2019 • EIN 82-3558212

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 02, 2020

470 East 3900 South Ste 103Salt Lake City, UT 84107

(801) 364-9272

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

56th percentile

5.9%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

90th percentile

$42,376

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

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

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

39th percentile

-6.3%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Up

$83,211

Up $23,008 (+38%) from 2018

Net Assets

Up

$77,199

Up $18,867 (+32%) from 2018

Liabilities

Up

$6,012

Up $4,141 (+221%) from 2018

Revenue

Down

$317,183

Down $21,468 (-6.3%) from 2018

Expenses

Up

$298,316

Up $17,997 (+6.4%) from 2018

Net Income

Down

$18,867

Down $39,465 (-68%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $60,203Liabilities 2018: $1,871Net Assets 2018: $58,3322018Assets 2019: $83,211Liabilities 2019: $6,012Net Assets 2019: $77,1992019Assets 2020: $281,339Liabilities 2020: $145,043Net Assets 2020: $136,2962020Assets 2021: $299,684Liabilities 2021: $102,545Net Assets 2021: $197,1392021Assets 2022: $204,756Liabilities 2022: $6,149Net Assets 2022: $198,6072022Assets 2023: $199,746Liabilities 2023: $7,608Net Assets 2023: $192,1382023Assets 2024: $187,203Liabilities 2024: $7,174Net Assets 2024: $180,0292024

Highlighted filing

2019

Assets$83,211
Liabilities$6,012
Net Assets$77,199

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $338,651Expenses 2018: $280,319Net Income 2018: $58,3322018Revenue 2019: $317,183Expenses 2019: $298,316Net Income 2019: $18,8672019Revenue 2020: $287,770Expenses 2020: $228,673Net Income 2020: $59,0972020Revenue 2021: $336,626Expenses 2021: $275,783Net Income 2021: $60,8432021Revenue 2022: $298,362Expenses 2022: $296,894Net Income 2022: $1,4682022Revenue 2023: $350,323Expenses 2023: $356,792Net Income 2023: -$6,4692023Revenue 2024: $370,228Expenses 2024: $382,337Net Income 2024: -$12,1092024

Highlighted filing

2019

Revenue$317,183
Expenses$298,316
Net Income$18,867
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 2, 2020
Return Version
2019v5.0
Gross Receipts
$317,183
Mission and Program Overview

Mission

Wasatch community acupuncture works to increase utahn's access to non- pharmaceutical interventions for the treatment of pain and other acute and chronic healthcare needs by providing and promoting safe, effective, and low-cost acupuncture in a caring community setting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,203$83,211▲ $23,008
Total Assets$60,203$83,211▲ $23,008
Liabilities
Accounts Payable and Accrued Expenses$1,871$6,012▲ $4,141
Total Liabilities$1,871$6,012▲ $4,141
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$58,332$77,199▲ $18,867
Total Net Assets Fund Balance$58,332$77,199▲ $18,867
Total Liabilities and Net Assets / Fund Balance$60,203$83,211▲ $23,008
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen PhippsSecretaryFT$37,856$4,520$42,376
Christopher RogersVice PresideFT$35,358$4,520$39,878
Jacquelyn RogersPresidentFT$30,305$4,520$34,825

Board Members and Trustees

NameTitle
Cori SutherlandDirector
Elizabeth AllenDirector
Melissa DavisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,654
Program Service Revenue
$308,973
Investment Income
$30
Other Revenue
$5,526
All Other Contributions
$2,654
Change in Net Assets
$18,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$225,895
Other Expenses$72,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$95,942$7,576-$103,518
Other Salaries and Wages$88,960--$88,960
Occupancy$35,464--$35,464
Other Employee Benefits$17,096$1,215-$18,311
Payroll Taxes$14,500$606-$15,106
Insurance$3,715$616-$4,331
Advertising$3,791--$3,791
Information Technology$3,044$537-$3,581
All Other Expenses$1,915$428-$2,343
Office Expenses-$1,527-$1,527
Travel$1,012--$1,012
Other Expenses$510$459-$969
Fees for Services Accounting-$896-$896
Conferences and Meetings$604--$604
Fees for Services Other$270--$270
Interest-$27-$27
Total Functional Expenses$284,083$14,233$0$298,316
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Christopher RogersSpouse of DirecEmploymentNo$39,878
Jacquelyn RogersSpouse of DirecEmploymentNo$38,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Jacquelyn rogers christopher rogers pres, direct vp, director married christopher rogers jacquelyn rogers vp, director pres,directo married

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

Form 990 was provided to all directors before filing with the irs; no additional review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

Officers and directors annually review for any conflicts. Whether a conflict existed would be determined by the board of directors. If a conflict arose, that officer or director would disclose the conflict and would not vote on any related matter.

Form 990, Page 6, Part VI, Line 15A

Process for determining compensation for executive director requires review and approval by board of directors with conflicted officers and/or directors not participating, using comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 15B

Process for determining compensation for other officers was applied to two officers who are employees (acupuncturists) of nonprofit. Review and approval by board of directors with conflicted officers and/or directors not participating, using comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 19

Only documents included in forms that are publicly available (such as form 1023, 1023-ez, 1024, or 1024-a) are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wasatch Community Acupuncture
EIN
82-3558212
Phone
8013649272
Address
470 EAST 3900 SOUTH STE 103, SALT LAKE CITY, UT 84107

Signing Officer

Name
Jacquelyn Rogers
Title
President
Phone
8013649272
Signed
2020-09-02

Organization Details

Principal Officer
Jacquelyn Rogers
Formed
2017
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
3
Employees
11
Volunteers
14

Preparer

Firm
Elite Accountants Inc
Address
876 E VINE ST, MURRAY, UT 84107-6516
Preparer
Teressa L Toombs
Phone
8012812727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wasatch community acupuncture works to increase utahn's access to non- pharmaceutical interventions for the treatment of pain and other acute and chronic healthcare needs by providing and promoting safe, effective, and low-cost acupuncture in a caring community setting.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WASATCH COMMUNITY ACUPUNCTURE WORKS TO INCREASE UTAHN'S ACCESS TO NON- PHARMACEUTICAL INTERVENTIONS FOR THE TREATMENT OF PAIN AND OTHER ACUTE AND CHRONIC HEALTHCARE NEEDS BY PROVIDING AND PROMOTING SAFE, EFFECTIVE, AND LOW-COST ACUPUNCTURE IN A CARING COMMUNITY SETTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JACQUELYN ROGERS CHRISTOPHER ROGERS PRES, DIRECT VP, DIRECTOR MARRIED CHRISTOPHER ROGERS JACQUELYN ROGERS VP, DIRECTOR PRES,DIRECTO MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS PROVIDED TO ALL DIRECTORS BEFORE FILING WITH THE IRS; NO ADDITIONAL REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS ANNUALLY REVIEW FOR ANY CONFLICTS. WHETHER A CONFLICT EXISTED WOULD BE DETERMINED BY THE BOARD OF DIRECTORS. IF A CONFLICT AROSE, THAT OFFICER OR DIRECTOR WOULD DISCLOSE THE CONFLICT AND WOULD NOT VOTE ON ANY RELATED MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS FOR DETERMINING COMPENSATION FOR EXECUTIVE DIRECTOR REQUIRES REVIEW AND APPROVAL BY BOARD OF DIRECTORS WITH CONFLICTED OFFICERS AND/OR DIRECTORS NOT PARTICIPATING, USING COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS WAS APPLIED TO TWO OFFICERS WHO ARE EMPLOYEES (ACUPUNCTURISTS) OF NONPROFIT. REVIEW AND APPROVAL BY BOARD OF DIRECTORS WITH CONFLICTED OFFICERS AND/OR DIRECTORS NOT PARTICIPATING, USING COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ONLY DOCUMENTS INCLUDED IN FORMS THAT ARE PUBLICLY AVAILABLE (SUCH AS FORM 1023, 1023-EZ, 1024, OR 1024-A) ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/CityNm0SALT LAKE CITY
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ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JACQUELYN ROGERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08013649272
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASATCH COMMUNITY ACUPUNCTURE
ReturnHeader/Filer/BusinessNameControlTxt0WASA
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0655A78487FD3D6E1C3073C60F200B9151A8A8135
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.14.234.73
ReturnHeader/FilingSecurityInformation/IPDt02020-09-02
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ReturnHeader/FilingSecurityInformation/IPTm021:27:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200204515
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELITE ACCOUNTANTS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0876 E VINE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MURRAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0841076516
ReturnHeader/PreparerPersonGrp/PhoneNum08012812727
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERESSA L TOOMBS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-02T21:27:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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