Civic Intelligence

Speaks Out Foundation

990 • Fiscal year 2020 • EIN 83-0876177

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 05, 2021

555 3 Mile Road NWGrand Rapids, MI 49544

(616) 915-1703

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

28th percentile

-11%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

97th percentile

$90,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.7% of source-year revenue.

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

Asset Growth

28th percentile

-8.9%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

99th percentile

1070%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Down

$364,968

Down $35,835 (-8.9%) from 2019

Net Assets

Down

$363,068

Down $37,735 (-9.4%) from 2019

Liabilities

Up

$1,900

Up $1,900 from 2019

Revenue

Up

$350,080

Up $320,157 (+1070%) from 2019

Expenses

Down

$387,816

Down $181,400 (-32%) from 2019

Net Income

Up

-$37,736

Up $501,557 (+93%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $940,096Liabilities 2018: $0Net Assets 2018: $940,0962018Assets 2019: $400,803Liabilities 2019: $0Net Assets 2019: $400,8032019Assets 2020: $364,968Liabilities 2020: $1,900Net Assets 2020: $363,0682020Assets 2021: $182,799Liabilities 2021: $6,398Net Assets 2021: $176,4012021Assets 2022: $107,658Liabilities 2022: $2,363Net Assets 2022: $105,2952022

Highlighted filing

2020

Assets$364,968
Liabilities$1,900
Net Assets$363,068

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2018: $1,011,000Expenses 2018: $70,904Net Income 2018: $940,0962018Revenue 2019: $29,923Expenses 2019: $569,216Net Income 2019: -$539,2932019Revenue 2020: $350,080Expenses 2020: $387,816Net Income 2020: -$37,7362020Revenue 2021: $0Expenses 2021: $186,667Net Income 2021: -$186,6672021Revenue 2022: $0Expenses 2022: $71,027Net Income 2022: -$71,0272022

Highlighted filing

2020

Revenue$350,080
Expenses$387,816
Net Income-$37,736
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 5, 2021
Return Version
2020v4.0
Gross Receipts
$350,080
Mission and Program Overview

Mission

Provide support and resources to reduce the devastating effects of untreated mental illness worldwide, through advocacy, education, access, and providing clear steps for early intervention, to ensure all people receive the support they need anywhere, anytime.

Provide support and resources to reduce the devastating effects of untreated mental illness worldwide, through advocacy, education, access, and providing clear steps.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$400,803$364,968▼ $35,835
Rtn Earn Endowment Incm Other Fnds$400,803$363,068▼ $37,735
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$400,803$364,968▼ $35,835
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$1,900▲ $1,900
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$1,900▲ $1,900
Net Assets / Fund Balance
Total Net Assets Fund Balance$400,803$363,068▼ $37,735
Total Liabilities and Net Assets / Fund Balance$400,803$364,968▼ $35,835
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael RanvilleVice PresidentFT$90,000$90,000

Board Members and Trustees

NameTitle
Jeff BennettPresident
Jennifer RanvilleSecretary
Meg BennettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$350,000
Program Service Revenue
$0
Investment Income
$80
Other Revenue
$0
All Other Contributions
$350,000
Change in Net Assets
$-37,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$297,316
Salaries, Compensation, and Employee Benefits$90,000
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$90,000--$90,000
Information Technology$40,850$13,398$0$54,248
Travel$0$27,750$0$27,750
Fees for Services Other$23,202$220$0$23,422
Office Expenses$0$20,546$0$20,546
Fees for Services Accounting$0$14,807$0$14,807
Advertising$11,699$0$0$11,699
Other Expenses$0$2,689$0$2,689
Insurance$0$2,589$0$2,589
Occupancy-$800-$800
Grants to Domestic Orgs$500--$500
All Other Expenses$471$20-$491
Fees for Services Legal$0$455$0$455
Total Functional Expenses$228,542$159,274$0$387,816
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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 B, LINE 11:

The board members receive the 990 prior to filing electronically.

FORM 990, PART VI, SECTION B, LINE 12C:

An interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

FORM 990, PART VI, SECTION B, LINE 15:

Compensation is reviewed and approved annually.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents are made available to the public upon request.

FORM 990, PART VI, SECTION A, LINE 2:

Board members jeff bennett and meg bennett are husband and wife. Board members michael ranville and jennifer ranville are husband and wife. Board members jeff bennett and michael ranville have a business relationship.

Filing and Contact Details

Filer

Filer Name
Speaks Out Foundation
EIN
83-0876177
In Care Of
% JEFF BENNETT
Phone
6169151703
Address
555 3 MILE ROAD NW, GRAND RAPIDS, MI 49544

Signing Officer

Name
Jeff Bennett
Title
President
Phone
6169151703
Signed
2021-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Bennett
Formed
2018
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Bdo USA Llp
Address
200 OTTAWA AVE NW STE 300, GRAND RAPIDS, MI 49503
Preparer
Jacob Cook
Phone
6167747000
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IRS990/PYTotalExpensesAmt0569216
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt029923
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-37736
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0400803
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0363068
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0122612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01011000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01483612
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt080
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023951
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023951
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0458918
IRS990ScheduleA/SubstantialContributorsTotAmt01024694
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0122612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01011000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01483612
IRS990ScheduleA/TotalSupportAmt01507643
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS RECEIVE THE 990 PRIOR TO FILING ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS REVIEWED AND APPROVED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS JEFF BENNETT AND MEG BENNETT ARE HUSBAND AND WIFE. BOARD MEMBERS MICHAEL RANVILLE AND JENNIFER RANVILLE ARE HUSBAND AND WIFE. BOARD MEMBERS JEFF BENNETT AND MICHAEL RANVILLE HAVE A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 2:
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0400803
IRS990/TotalAssetsEOYAmt0364968
IRS990/TotalAssetsGrp/BOYAmt0400803
IRS990/TotalAssetsGrp/EOYAmt0364968
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0350000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0159274
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0228542
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387816
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01900
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0400803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0363068
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0228542
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0350080
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0400803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364968
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt027750
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt027750
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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