Civic Intelligence

F a C T Net Inc. - Fight Against Coercive Tactics Network

990 • Fiscal year 2013 • EIN 84-1235635

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

1650 Casino DrLaughlin, NV 89029

(775) 338-3578

Siviq Scores

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

Liabilities / Assets

40th percentile

0.06x

Higher debt load relative to assets than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

1.32x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

1st percentile

-284%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

61st percentile

$74,000

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 94.4% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

12th percentile

-9.6%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

48th percentile

2.8%

Faster revenue growth than 48% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Down

$1,796,837

Down $190,669 (-9.6%) from 2012

Net Assets

Down

$1,693,628

Down $222,473 (-12%) from 2012

Liabilities

Up

$103,209

Up $31,804 (+45%) from 2012

Revenue

$78,372

No earlier filing loaded for comparison.

Expenses

Up

$300,845

Up $53,224 (+21%) from 2012

Net Income

-$222,473

No earlier filing loaded for comparison.

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 2010: $2,350,760Liabilities 2010: $68,459Net Assets 2010: $2,282,3012010Assets 2011: $2,183,089Liabilities 2011: $68,629Net Assets 2011: $2,114,4602011Assets 2012: $1,987,506Liabilities 2012: $71,405Net Assets 2012: $1,916,1012012Assets 2013: $1,796,837Liabilities 2013: $103,209Net Assets 2013: $1,693,6282013Assets 2014: $1,269,194Liabilities 2014: $113,403Net Assets 2014: $1,155,7912014Assets 2015: $1,119,126Liabilities 2015: $68,323Net Assets 2015: $1,050,8032015Assets 2016: $972,019Liabilities 2016: $82,646Net Assets 2016: $889,3732016Assets 2017: $203,437Liabilities 2017: $127,5702017Assets 2018: $179,306Liabilities 2018: $168,3542018

Highlighted filing

2013

Assets$1,796,837
Liabilities$103,209
Net Assets$1,693,628

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2010: $28,368Expenses 2010: $222,690Net Income 2010: -$194,3222010Revenue 2011: $74,116Expenses 2011: $263,305Net Income 2011: -$189,1892011Expenses 2012: $247,6212012Revenue 2013: $78,372Expenses 2013: $300,845Net Income 2013: -$222,4732013Revenue 2014: -$274,848Expenses 2014: $198,615Net Income 2014: -$473,4632014Revenue 2015: $67,722Expenses 2015: $177,609Net Income 2015: -$109,8872015Revenue 2016: $14,318Expenses 2016: $189,344Net Income 2016: -$175,0262016Revenue 2017: $7,506Expenses 2017: $821,011Net Income 2017: -$813,5052017Revenue 2018: $7,448Expenses 2018: $72,363Net Income 2018: -$64,9152018

Highlighted filing

2013

Revenue$78,372
Expenses$300,845
Net Income-$222,473
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$78,372
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$780,458$732,405▼ $48,053
Investments in Publicly Traded Securities$455,114$289,980▼ $165,134
Other Notes and Loans Receivable, Net$14,687$37,088▲ $22,401
Cash and Non-Interest-Bearing Accounts$20,105$18,115▼ $1,990
Savings and Temporary Cash Investments$2$2→ $0
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,987,506$1,796,837▼ $190,669
Other Assets Total$717,140$719,247▲ $2,107
Liabilities
Other Liabilities$56,835$102,860▲ $46,025
Accounts Payable and Accrued Expenses$14,570$349▼ $14,221
Total Liabilities$71,405$103,209▲ $31,804
Net Assets / Fund Balance
Unrestricted Net Assets$1,916,101$1,693,628▼ $222,473
Total Net Assets Fund Balance$1,916,101$1,693,628▼ $222,473
Total Liabilities and Net Assets / Fund Balance$1,987,506$1,796,837▼ $190,669

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$506,455$224,490$730,945
Buildings$225,950$64,050$290,000
Other Assets Org$1,741--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lawrence WollersheimDirectorFT$74,000$74,000
Revenue and Support

Revenue Composition

Contributions and Grants
$19,005
Program Service Revenue
$51,945
Investment Income
$7,422
Other Revenue
$0
All Other Contributions
$19,005
Change in Net Assets
$-222,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$223,458
Salaries, Compensation, and Employee Benefits$77,387
Total Fundraising Expense$28,628
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,800$11,100$11,100$74,000
Depreciation Depletion$48,053--$48,053
Occupancy$20,745$15,885$1,215$37,845
All Other Expenses$8,818$5,454$1,101$15,373
Other Expenses$9,153$400$348$9,901
Payroll Taxes$1,914$410$1,063$3,387
Advertising$1,349$930$179$2,458
Insurance-$2,389-$2,389
Fees for Services Accounting-$2,288-$2,288
Travel-$65-$65
Total Functional Expenses$203,026$69,191$28,628$300,845
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Is Payable$40,059
Loan payable$32,381
Expense Reimbursement Payable$21,404
Legal Fees Payable$3,953
Purchase Option Deposit$3,900
Payroll Liabilites$746
Credit Cards$417
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Director reviews all information and reports generated by bookeepers and accountants before approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available online or by request

Filing and Contact Details

Filer

EIN
84-1235635
Phone
7753383578

Signing Officer

Name
Lawrence Wollersheim
Title
Director
Signed
2014-11-17
Discuss with paid preparer
No

Organization Details

Formed
1993
Legal Domicile
Co
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
6

Preparer

Preparer
Mark H Carson CPA
Phone
3034493060
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 - Org Mission

The organization's mission:The Factnet non-profit organizational meta mission is to provide Free Public Dialog and Essential Educational Information on Topics of Important Public Interest and that are Critical to the Future of the United States and the Planet.Factnet also has numerous sub mission focuses within its meta mission, which are promoted on Factnets 5 different websites. In addition to Factnet.orgs traditional educational mission work helping survivors heal from abuse caused by destructive or dangerous religious practices or destructive cults Factnet now also provides educational materials on preserving the environment, global warming, sustainable living practices, how to both prepare for and adapt to growing climate destabilization and its consequent environmental emergencies, evolution science (what we call Evolution 2.0,) and healthy spirituality practices (what we call Religion 2.0.) In our newer Religion 2.0 materials we also proactively research and provide information on the many healthy non-pathological or destructive aspects of religion and religious practices while still providing education about all areas of financial, sexual, physical, psychological, theological, or indoctrinational abuse found in some high-control religions and cults. Discussions, resources and support for recovery from abusive practices of religious groups and cults are provided mostly on our Factnet.org website. Our evolution science, preserving the environment, global warming, sustainable living practices and how to both prepare for and adapt to growing climate destabilization and its consequent environmental emergencies information is found primarily on UniverseSpirit.org website, TheUniverseDay.org, UniverseCollege.org and the UniverseInstitute.org websites. Our Religion 2.0 materials are found mostly at UniverseSpirit.org. Factnet is also actively involved in supporting Internet neutrality, personal electronic data privacy as well as advocating against censorship or anti-whistle blower laws.

Raw XML AppendixShowing 400 of 412 raw XML fields

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/ExplanationTxt0DIRECTOR REVIEWS ALL INFORMATION AND REPORTS GENERATED BY BOOKEEPERS AND ACCOUNTANTS BEFORE APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE ONLINE OR BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's mission:The Factnet non-profit organizational meta mission is to provide Free Public Dialog and Essential Educational Information on Topics of Important Public Interest and that are Critical to the Future of the United States and the Planet.Factnet also has numerous sub mission focuses within its meta mission, which are promoted on Factnets 5 different websites. In addition to Factnet.orgs traditional educational mission work helping survivors heal from abuse caused by destructive or dangerous religious practices or destructive cults Factnet now also provides educational materials on preserving the environment, global warming, sustainable living practices, how to both prepare for and adapt to growing climate destabilization and its consequent environmental emergencies, evolution science (what we call Evolution 2.0,) and healthy spirituality practices (what we call Religion 2.0.) In our newer Religion 2.0 materials we also proactively research and provide information on the many healthy non-pathological or destructive aspects of religion and religious practices while still providing education about all areas of financial, sexual, physical, psychological, theological, or indoctrinational abuse found in some high-control religions and cults. Discussions, resources and support for recovery from abusive practices of religious groups and cults are provided mostly on our Factnet.org website. Our evolution science, preserving the environment, global warming, sustainable living practices and how to both prepare for and adapt to growing climate destabilization and its consequent environmental emergencies information is found primarily on UniverseSpirit.org website, TheUniverseDay.org, UniverseCollege.org and the UniverseInstitute.org websites. Our Religion 2.0 materials are found mostly at UniverseSpirit.org. Factnet is also actively involved in supporting Internet neutrality, personal electronic data privacy as well as advocating against censorship or anti-whistle blower laws.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 1 - ORG MISSION
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Lawrence Wollersheim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
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ReturnHeader/Filer/BusinessName/BusinessNameLine10F A C T NET INC
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ReturnHeader/Filer/USAddress/City0Laughlin
ReturnHeader/Filer/USAddress/State0NV
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