Civic Intelligence

The Walter Hive

990 • Fiscal year 2021 • EIN 82-3747637

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 21, 2022

4120 E Madison StPhoenix, AZ 85034

(480) 390-0098

Siviq Scores

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

Liabilities / Assets

61st percentile

0.07x

Higher debt load relative to assets than 61% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

1.27x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

1st percentile

-1019%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$74,543

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 259.6% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

4th percentile

-33%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$529,546

Down $255,956 (-33%) from 2020

Net Assets

Down

$493,036

Down $292,466 (-37%) from 2020

Liabilities

Up

$36,510

Up $36,510 from 2020

Revenue

Down

$28,712

Down $6,433 (-18%) from 2020

Expenses

Up

$321,178

Up $90,379 (+39%) from 2020

Net Income

Down

-$292,466

Down $96,812 (-49%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $1,410,141Liabilities 2017: $0Net Assets 2017: $1,410,1412017Assets 2018: $1,210,466Liabilities 2018: $1,130Net Assets 2018: $1,209,3362018Assets 2019: $981,542Liabilities 2019: $386Net Assets 2019: $981,1562019Assets 2020: $785,502Liabilities 2020: $0Net Assets 2020: $785,5022020Assets 2021: $529,546Liabilities 2021: $36,510Net Assets 2021: $493,0362021Assets 2022: $284,204Liabilities 2022: $1,069Net Assets 2022: $283,1352022Assets 2023: $174,872Liabilities 2023: $2,124Net Assets 2023: $172,7482023Assets 2024: $156,447Liabilities 2024: $1,309Net Assets 2024: $155,1382024

Highlighted filing

2021

Assets$529,546
Liabilities$36,510
Net Assets$493,036

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,410,141Expenses 2017: $0Net Income 2017: $1,410,1412017Revenue 2018: $24,116Expenses 2018: $224,921Net Income 2018: -$200,8052018Revenue 2019: $32,189Expenses 2019: $260,369Net Income 2019: -$228,1802019Revenue 2020: $35,145Expenses 2020: $230,799Net Income 2020: -$195,6542020Revenue 2021: $28,712Expenses 2021: $321,178Net Income 2021: -$292,4662021Revenue 2022: $155,901Expenses 2022: $345,863Net Income 2022: -$189,9622022Revenue 2023: $123,495Expenses 2023: $254,402Net Income 2023: -$130,9072023Revenue 2024: $369,320Expenses 2024: $390,447Net Income 2024: -$21,1272024

Highlighted filing

2021

Revenue$28,712
Expenses$321,178
Net Income-$292,466
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 21, 2022
Return Version
2021v4.2
Gross Receipts
$29,732
Mission and Program Overview

Mission

The hive exists because we want to gift as many people as we can with the empowerment they feel when they learn that theyre capable of changing their world through art and technology.

Empowerment through the creative expression of art and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$785,461$529,546▼ $255,915
Total Assets$785,502$529,546▼ $255,956
Other Assets Total$41--
Liabilities
Unsecured Notes Loans Payable-$36,500-
Other Liabilities-$10-
Total Liabilities$0$36,510▲ $36,510
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$785,502$493,036▼ $292,466
Total Net Assets Fund Balance$785,502$493,036▼ $292,466
Total Liabilities and Net Assets / Fund Balance$785,502$529,546▼ $255,956

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,450$12,450
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy MccoyExecutive DirectorFT$67,154$7,389$74,543

Board Members and Trustees

NameTitle
Mary Strawn MdChair, Founder, President
Anita LangDirector
Dave Edwards MdDirector
Seth PhilbinDirector
F Scott SaladinoCFO
Jennifer EricksonTreasurer Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$16,527
Program Service Revenue
$10,665
Investment Income
$0
Other Revenue
$1,520
All Other Contributions
$16,527
Change in Net Assets
$-292,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$227,433
Other Expenses$91,745
Total Fundraising Expense$13,857
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,534$13,975$4,659$93,168
Current Officers, Directors, Trustees, and Key Employees$59,635$11,181$3,727$74,543
Occupancy$26,060$6,950$1,737$34,747
Comp Disqual Persons$27,299$5,119$1,706$34,124
Fees for Services Other$16,857$7,650-$24,507
Payroll Taxes$12,630$2,368$789$15,787
Other Employee Benefits$7,849$1,472$490$9,811
Other Expenses$8,846--$8,846
Insurance-$8,393-$8,393
Depreciation Depletion$4,500--$4,500
Advertising$3,010-$531$3,541
Office Expenses$2,074$553$138$2,765
Grants to Domestic Individuals$2,000--$2,000
Travel$1,749--$1,749
Information Technology$1,198$319$80$1,597
Fees for Services Accounting-$1,100-$1,100
Total Functional Expenses$248,241$59,080$13,857$321,178
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
Charlotte StrawnFamily of ChairwomanWages BenefitsNo$34,124
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$10
Sales Tax Payable-
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
Yes
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mary strawn chair president and jennifer erickson treasurer have a business relationship through joint ownership of walter station brewery and by virtue of the treasurer being the ceo of an entity owned by the spouse of the chair.

Form 990, Part VI, Section B, Line 11B

The cfo of the organization distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section B, Line 15

The board reviews the compensation for the officer by comparing their compensation to the compensation of individuals in like positions in comparable organizations using forms 990, compensation studies, and other available data. The board then approves any changes in compensation based on this information. An individual who is a member of the board who receives compensation, directly or indirectly from the organization for services, is precluded from participating in discussions or votes pertaining to their own compensation.

Form 990, Part VI, Section C, Line 19

The organization will provide in a timely manner, financial statements and governing documents, including its conflict of interest policy, when requested in writing or in person.

Filing and Contact Details

Filer

Filer Name
The Walter Hive
EIN
82-3747637
Phone
4803900098
Address
4120 E MADISON ST, PHOENIX, AZ 85034

Signing Officer

Name
Mary Strawn
Title
Chairman
Phone
4803900098
Signed
2022-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Strawn
Formed
2017
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
40

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program age target is 13-18 years. Workshops are modeled on a 5-day workshop where students are initially instructed with creative design on computers, arduino and robotics, led programming, 3d printing, painting, woodworking and welding. The participants then design and build an interactive community art project. Small groups of teens work together on conceptualization, project management with material lists, and time management for completion and installation. The week culminates with a gallery exhibit within the walter art gallery where the families and community are invited to celebrate the projects. The art pieces are then moved and installed at the home of the nonprofit. Working in small groups gives the student an introduction to developing technical skills along with soft skills that translate to good job performance. Giving teens the pathways for employment broadens their hands-on experience for application in vocational studies or immediate employment during their education. The 2005 skills gap survey reported that technical skills will play an important role in meeting the needs of employers in the upcoming years. Vocational training courses or work-study programs can teach marketable technical or occupational skills.

Form 990, Part III, Line 4E

In additional programming opportunities, the walter hive provides project based internships through arizona state university. These internships give collegiate students hands-on classroom instruction for the arts and stem education. Students are guided through instruction for community partnership programs along with community-based open workshops. They gain experience in program design and workshop curriculum, teaching skills and measuring metrics and outcomes. The full cycle of educational opportunity is in constant motion. At risk students learn directly from this connection with older students and allow youth to explore careers, learn about education options, identify ideas for employment and job opportunities, and find support.

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IRS990/Desc0THE WALTER HIVE PROVIDES EDUCATIONAL PROGRAMS AND DIRECT SERVICES TO ASSIST OUR COMMUNITY PARTNERS TO SERVE THE POPULATIONS WHO ARE MOST AT RISK IN UNDERSERVED COMMUNITIES. WE ALSO PARTNER WITH THOSE ORGANIZATIONS WHO ADDRESS THE NEEDS OF INDIVIDUALS WHO HAVE A CHRONIC ILLNESS OR PHYSICAL DISABILITY. OUR COMMITMENT IS TO INVEST OVER 50 OF OUR OPERATING BUDGET TO PROVIDE THESE NECESSARY PROGRAMS WHICH IMPACT THE ARIZONA COMMUNITY. OUR PRIMARY GOAL WITH THESE POPULATIONS IS POSITIVE OUTCOMES FOR BUILDING RESILIENCE FOR THE CHRONICALLY ILL AND MENTORSHIP IN DEVELOPING THE SKILLS FOR CAREER EXPLORATION THROUGH ARTS AND STEM EDUCATION.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Charlotte Strawn
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM AGE TARGET IS 13-18 YEARS. WORKSHOPS ARE MODELED ON A 5-DAY WORKSHOP WHERE STUDENTS ARE INITIALLY INSTRUCTED WITH CREATIVE DESIGN ON COMPUTERS, ARDUINO AND ROBOTICS, LED PROGRAMMING, 3D PRINTING, PAINTING, WOODWORKING AND WELDING. THE PARTICIPANTS THEN DESIGN AND BUILD AN INTERACTIVE COMMUNITY ART PROJECT. SMALL GROUPS OF TEENS WORK TOGETHER ON CONCEPTUALIZATION, PROJECT MANAGEMENT WITH MATERIAL LISTS, AND TIME MANAGEMENT FOR COMPLETION AND INSTALLATION. THE WEEK CULMINATES WITH A GALLERY EXHIBIT WITHIN THE WALTER ART GALLERY WHERE THE FAMILIES AND COMMUNITY ARE INVITED TO CELEBRATE THE PROJECTS. THE ART PIECES ARE THEN MOVED AND INSTALLED AT THE HOME OF THE NONPROFIT. WORKING IN SMALL GROUPS GIVES THE STUDENT AN INTRODUCTION TO DEVELOPING TECHNICAL SKILLS ALONG WITH SOFT SKILLS THAT TRANSLATE TO GOOD JOB PERFORMANCE. GIVING TEENS THE PATHWAYS FOR EMPLOYMENT BROADENS THEIR HANDS-ON EXPERIENCE FOR APPLICATION IN VOCATIONAL STUDIES OR IMMEDIATE EMPLOYMENT DURING THEIR EDUCATION. THE 2005 SKILLS GAP SURVEY REPORTED THAT TECHNICAL SKILLS WILL PLAY AN IMPORTANT ROLE IN MEETING THE NEEDS OF EMPLOYERS IN THE UPCOMING YEARS. VOCATIONAL TRAINING COURSES OR WORK-STUDY PROGRAMS CAN TEACH MARKETABLE TECHNICAL OR OCCUPATIONAL SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ADDITIONAL PROGRAMMING OPPORTUNITIES, THE WALTER HIVE PROVIDES PROJECT BASED INTERNSHIPS THROUGH ARIZONA STATE UNIVERSITY. THESE INTERNSHIPS GIVE COLLEGIATE STUDENTS HANDS-ON CLASSROOM INSTRUCTION FOR THE ARTS AND STEM EDUCATION. STUDENTS ARE GUIDED THROUGH INSTRUCTION FOR COMMUNITY PARTNERSHIP PROGRAMS ALONG WITH COMMUNITY-BASED OPEN WORKSHOPS. THEY GAIN EXPERIENCE IN PROGRAM DESIGN AND WORKSHOP CURRICULUM, TEACHING SKILLS AND MEASURING METRICS AND OUTCOMES. THE FULL CYCLE OF EDUCATIONAL OPPORTUNITY IS IN CONSTANT MOTION. AT RISK STUDENTS LEARN DIRECTLY FROM THIS CONNECTION WITH OLDER STUDENTS AND ALLOW YOUTH TO EXPLORE CAREERS, LEARN ABOUT EDUCATION OPTIONS, IDENTIFY IDEAS FOR EMPLOYMENT AND JOB OPPORTUNITIES, AND FIND SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARY STRAWN CHAIR PRESIDENT AND JENNIFER ERICKSON TREASURER HAVE A BUSINESS RELATIONSHIP THROUGH JOINT OWNERSHIP OF WALTER STATION BREWERY AND BY VIRTUE OF THE TREASURER BEING THE CEO OF AN ENTITY OWNED BY THE SPOUSE OF THE CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CFO OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE COMPENSATION FOR THE OFFICER BY COMPARING THEIR COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS IN COMPARABLE ORGANIZATIONS USING FORMS 990, COMPENSATION STUDIES, AND OTHER AVAILABLE DATA. THE BOARD THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION. AN INDIVIDUAL WHO IS A MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES, IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY, WHEN REQUESTED IN WRITING OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
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