Civic Intelligence

Linus Project

990 • Fiscal year 2015 • EIN 84-1362696

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 15, 2016

7313 East 158th StBelton, MO 64012

(309) 585-0686

Siviq Scores

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

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.10x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

29th percentile

-4.3%

Higher net margin than 29% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

87th percentile

$95,042

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

7th percentile

-24%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-8.7%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$44,832

Down $14,080 (-24%) from 2014

Net Assets

Down

-$15,701

Down $26,177 (-250%) from 2014

Liabilities

Up

$60,533

Up $12,097 (+25%) from 2014

Revenue

Down

$606,924

Down $57,791 (-8.7%) from 2014

Expenses

Down

$633,101

Down $18,355 (-2.8%) from 2014

Net Income

Down

-$26,177

Down $39,436 (-297%) from 2014

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$0-$1.0MAssets 2011: $110,175Liabilities 2011: $13,056Net Assets 2011: $97,1192011Assets 2012: $83,567Liabilities 2012: $28,000Net Assets 2012: $55,5672012Assets 2013: $77,143Liabilities 2013: $79,926Net Assets 2013: -$2,7832013Assets 2014: $58,912Liabilities 2014: $48,436Net Assets 2014: $10,4762014Assets 2015: $44,832Liabilities 2015: $60,533Net Assets 2015: -$15,7012015Assets 2016: $144,493Liabilities 2016: $33,711Net Assets 2016: $110,7822016Assets 2017: $321,423Liabilities 2017: $3,717Net Assets 2017: $317,7062017Assets 2018: $507,007Liabilities 2018: $7,792Net Assets 2018: $499,2152018Assets 2019: $730,184Liabilities 2019: $2,499Net Assets 2019: $727,6852019Assets 2020: $935,182Liabilities 2020: $22,734Net Assets 2020: $912,4482020Assets 2021: $1,263,986Liabilities 2021: $9,560Net Assets 2021: $1,254,4262021Assets 2022: $1,630,246Liabilities 2022: $79,742Net Assets 2022: $1,550,5042022Assets 2023: $1,924,045Liabilities 2023: $84,888Net Assets 2023: $1,839,1572023Assets 2024: $2,106,366Liabilities 2024: $37,649Net Assets 2024: $2,068,7172024

Highlighted filing

2015

Assets$44,832
Liabilities$60,533
Net Assets-$15,701

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $596,8792011Expenses 2012: $627,1362012Revenue 2013: $625,959Expenses 2013: $684,309Net Income 2013: -$58,3502013Revenue 2014: $664,715Expenses 2014: $651,456Net Income 2014: $13,2592014Revenue 2015: $606,924Expenses 2015: $633,101Net Income 2015: -$26,1772015Revenue 2016: $798,389Expenses 2016: $659,047Net Income 2016: $139,3422016Revenue 2017: $675,233Expenses 2017: $468,309Net Income 2017: $206,9242017Revenue 2018: $690,049Expenses 2018: $508,540Net Income 2018: $181,5092018Revenue 2019: $705,201Expenses 2019: $484,105Net Income 2019: $221,0962019Revenue 2020: $645,561Expenses 2020: $460,798Net Income 2020: $184,7632020Revenue 2021: $898,332Expenses 2021: $556,354Net Income 2021: $341,9782021Revenue 2022: $991,745Expenses 2022: $695,667Net Income 2022: $296,0782022Revenue 2023: $1,037,736Expenses 2023: $749,083Net Income 2023: $288,6532023Revenue 2024: $1,058,091Expenses 2024: $829,591Net Income 2024: $228,5002024

Highlighted filing

2015

Revenue$606,924
Expenses$633,101
Net Income-$26,177
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 15, 2016
Return Version
2015v2.0
Gross Receipts
$640,978
Mission and Program Overview

Mission

Provide love, a sense of security, warmth and comfort to children who are seriously ill, traumatized, or otherwise in need through the gifts of new, handmade blankets and afghans, lovingly created by volunteer blanketeers. We also provide a rewarding and fun service opportunity for interested individuals and groups in local communities, for the benefit of children.

Provide love, a sense of security, warmth and comfort to children who are seriously ill, traumatized, or otherwise in need through the gifts of new, handmade blankets and afghans, lovingly created by volunteer blanketeers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$30,149$34,541▲ $4,392
Accounts Receivable$26,085$0▼ $26,085
Cash and Non-Interest-Bearing Accounts-$7,078-
Prepaid Expenses and Deferred Charges$1,393$2,213▲ $820
Land, Buildings, and Equipment, Net$1,285$1,000▼ $285
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$58,912$44,832▼ $14,080
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$48,436$54,131▲ $5,695
Deferred Revenue-$6,402-
Total Liabilities$48,436$60,533▲ $12,097
Net Assets / Fund Balance
Unrestricted Net Assets$10,476$-15,701▼ $26,177
Total Net Assets Fund Balance$10,476$-15,701▼ $26,177
Total Liabilities and Net Assets / Fund Balance$58,912$44,832▼ $14,080

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,000$38,986$39,986
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol BabbittPresident & CEOFT$95,042$95,042

Board Members and Trustees

NameTitle
Kirk BabbittDirector
Peggy KaneDirector
Terry BalagnaSec/Director
Mary BalagnaVice Pres/Director
Jane LawrenceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$586,755
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$20,169
All Other Contributions
$198,930
Change in Net Assets
$-26,177

Audited Revenue Reconciliation

Revenue per Audited Statements
$606,924
Total Revenue per Audited Statements
$606,924
Total Revenue per Form 990
$606,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$482,932
Salaries, Compensation, and Employee Benefits$150,169
Total Fundraising Expense$5,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$85,538$9,504-$95,042
All Other Expenses$47,575$1,993$3,928$53,496
Occupancy$40,199$4,467-$44,666
Other Salaries and Wages$39,755$4,417-$44,172
Other Expenses$19,440$117-$19,557
Office Expenses$12,163$1,351-$13,514
Payroll Taxes$9,859$1,096-$10,955
Travel$6,627$736-$7,363
Fees for Services Accounting-$6,275-$6,275
Insurance$1,920$1,920-$3,840
Advertising$386$194$1,352$1,932
Depreciation Depletion$143$142-$285
Total Functional Expenses$593,217$34,604$5,280$633,101

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$633,101
Total Expenses per Audited Statements$633,101
Total Expenses per Form 990$633,101
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Two husband/wife pairs on the board of directors, kirk and carol babbitt and terry and mary balagna.

Form 990, Part VI, Line 11B: Form 990 Review Process

Board of directors will review the 990 prior to signing and submitting the form.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to review the conflict of interest policy annually (typically at a board meeting) and sign a statement disclosing any possible conflict of interest. The board then decides if an actual conflict exists. If so, the board member with a conflict will not be in attendance for any vote on those issues.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Unpaid board members review and approve executive director's salary.

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

Governing docs, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Project Linus
EIN
84-1362696
Phone
3095850686
Address
7313 EAST 158TH ST, BELTON, MO 64012

Signing Officer

Name
Terry Balagna
Title
Sec/Director
Signed
2016-09-15
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
60,000

Preparer

Firm
Sulaski and Webb Cpas
Address
207 W Jefferson Ste 203, Bloomington, IL 61701
Preparer
Mary Ann Webb
Phone
3098286071
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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0508399
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038986
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO HUSBAND/WIFE PAIRS ON THE BOARD OF DIRECTORS, KIRK AND CAROL BABBITT AND TERRY AND MARY BALAGNA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS WILL REVIEW THE 990 PRIOR TO SIGNING AND SUBMITTING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY (TYPICALLY AT A BOARD MEETING) AND SIGN A STATEMENT DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST. THE BOARD THEN DECIDES IF AN ACTUAL CONFLICT EXISTS. IF SO, THE BOARD MEMBER WITH A CONFLICT WILL NOT BE IN ATTENDANCE FOR ANY VOTE ON THOSE ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNPAID BOARD MEMBERS REVIEW AND APPROVE EXECUTIVE DIRECTOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalLiabilitiesEOYAmt060533
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt010476
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IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.04$2.07$1.06$0.83$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.08$1.84$1.04$0.75$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.63$0.08$1.55$0.99$0.70$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.90$0.56$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.02$0.91$0.65$0.46$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.71$0.48$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.69$0.51$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.68$0.47$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.03$0.11$0.80$0.66$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.02$0.61$0.63$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.66$0.65$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.63$0.68$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.03$0.06$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.60