Civic Intelligence

Island Angels Ltd.

990EZ • Fiscal year 2023 • EIN 84-1848975

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 30, 2024

PO Box 102Washington Island, WI 54246

(630) 258-4300

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

73rd percentile

21%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-51%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$171,287

Up $29,322 (+21%) from 2022

Net Assets

Up

$171,287

Up $29,322 (+21%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$116,963

Down $120,154 (-51%) from 2022

Expenses

Down

$87,641

Down $84,108 (-49%) from 2022

Net Income

Down

$29,322

Down $36,046 (-55%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2022: $141,965Liabilities 2022: $0Net Assets 2022: $141,9652022Assets 2023: $171,287Net Assets 2023: $171,2872023Assets 2024: $261,650Net Assets 2024: $261,6502024

Highlighted filing

2023

Assets$171,287
Liabilities-
Net Assets$171,287

Operations Trend

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

$300K$200K$100K$0Revenue 2022: $237,117Expenses 2022: $171,749Net Income 2022: $65,3682022Revenue 2023: $116,963Expenses 2023: $87,641Net Income 2023: $29,3222023Revenue 2024: $191,447Expenses 2024: $101,084Net Income 2024: $90,3632024

Highlighted filing

2023

Revenue$116,963
Expenses$87,641
Net Income$29,322
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 30, 2024
Return Version
2023v5.1
Gross Receipts
$119,123
Mission and Program Overview

Mission

To advance art, education, the performing arts, music, health and welfare on Washington Island, Wisconsin

Program Services

DescriptionGrantsExpenses
Funds for Recreation Center on Washington IslandGranted funds to complete repairs/improvements$50,182$50,182
Funds for the Washington Island Police DepartmentGranted funds for the police station to acquire an evidence locker.$16,291$16,291
Funds for the School GymGranted funds to develop plans for a new school gym.$16,155$16,155
Gave grant of funds in a matching program to the Trueblood Performing Arts Center$5,013$5,013
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Helene MeyerPres-$0--
Judy BergerV P-$0--
H Bruce McClarenSec/Treas-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Trivia Night$17,360$5,150$240$4,910
Total Events$17,360$5,150$2,160$2,990
Filing and Contact Details

Filer

Filer Name
Island Angels Ltd
EIN
84-1848975
Phone
6302584300
Address
PO Box 102, Washington Island, WI 54246

Signing Officer

Name
H Bruce McClaren
Title
Secretary/Treasurer
Phone
6302584300
Signed
2024-10-30

Preparer

Firm
Edward W Wavak
Address
201 East Ogden Avenue Suite 208, Hinsdale, IL 60521
Preparer
Edward W Wavak
Phone
6307344799
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Gave grant of funds in a matching program to the Trueblood Performing Arts Center

Form 990EZ, Part I, Line 10

Support; General Operaitons; Trueblood Performance Arts Center: PO Box 136, Washington Island, WI, 54246; N/A, 5013.

Form 990EZ, Part I, Line 10

Renovation costs; Renovations; Washington Island Mosling Recreation Center: 1877 Lakeview Rd, Washington Island, WI, 54246; N/A, 50182.

Form 990EZ, Part I, Line 10

Renovations; Gymnasium; Washington Island Schools: 888 Main Rd, Washington Island, WI, 54246; N/A, 16155.

Form 990EZ, Part I, Line 10

Evidence Locker; Locker; Washington Island Police Dept: 1045 Main Rd, Washington Island, WI, 54246; N/A, 16291.

Raw XML Appendix188 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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IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Gave grant of funds in a matching program to the Trueblood Performing Arts Center
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Gave grant of funds in a matching program to the Trueblood Performing Arts Center
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Support; General Operaitons; Trueblood Performance Arts Center: PO Box 136, Washington Island, WI, 54246; N/A, 5013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Renovation costs; Renovations; Washington Island Mosling Recreation Center: 1877 Lakeview Rd, Washington Island, WI, 54246; N/A, 50182.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Renovations; Gymnasium; Washington Island Schools: 888 Main Rd, Washington Island, WI, 54246; N/A, 16155.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Evidence Locker; Locker; Washington Island Police Dept: 1045 Main Rd, Washington Island, WI, 54246; N/A, 16291.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0H Bruce McClaren
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06302584300
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Island Angels Ltd
ReturnHeader/Filer/BusinessNameControlTxt0ISLA
ReturnHeader/Filer/EIN0841848975
ReturnHeader/Filer/PhoneNum06302584300
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 102
ReturnHeader/Filer/USAddress/CityNm0Washington Island
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054246
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Edward W Wavak
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 East Ogden Avenue Suite 208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hinsdale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060521
ReturnHeader/PreparerPersonGrp/PhoneNum06307344799
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Edward W Wavak
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-14T07:30:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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