Civic Intelligence

The Cove

990 • Fiscal year 2015 • EIN 91-2051659

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 09, 2016

PO Box 895Twisp, WA 98856

(509) 997-0227

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

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

Liabilities / Revenue

40th percentile

0.02x

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

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

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

54th percentile

$20,400

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

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

Asset Growth

62nd percentile

5.5%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

9th percentile

-35%

Faster revenue growth than 9% of similar nonprofits.

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

Assets

Up

$635,206

Up $33,055 (+5.5%) from 2014

Net Assets

Up

$630,835

Up $31,375 (+5.2%) from 2014

Liabilities

Up

$4,371

Up $1,680 (+62%) from 2014

Revenue

Down

$238,960

Down $126,391 (-35%) from 2014

Expenses

Down

$201,116

Down $10,427 (-4.9%) from 2014

Net Income

Down

$37,844

Down $115,964 (-75%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,147,011Liabilities 2010: $658,910Net Assets 2010: $488,1012010Assets 2011: $1,232,078Liabilities 2011: $647,854Net Assets 2011: $584,2242011Assets 2012: $1,215,946Liabilities 2012: $631,776Net Assets 2012: $584,1702012Assets 2013: $431,491Liabilities 2013: $2,807Net Assets 2013: $428,6842013Assets 2014: $602,151Liabilities 2014: $2,691Net Assets 2014: $599,4602014Assets 2015: $635,206Liabilities 2015: $4,371Net Assets 2015: $630,8352015Assets 2016: $667,131Liabilities 2016: $1,068Net Assets 2016: $666,0632016Assets 2017: $755,469Liabilities 2017: $450Net Assets 2017: $755,0192017Assets 2018: $762,128Liabilities 2018: $450Net Assets 2018: $761,6782018Assets 2019: $814,868Liabilities 2019: $3,752Net Assets 2019: $811,1162019Assets 2020: $1,317,789Liabilities 2020: $10,540Net Assets 2020: $1,307,2492020Assets 2021: $1,514,068Liabilities 2021: $178Net Assets 2021: $1,513,8902021Assets 2022: $1,498,093Liabilities 2022: $2,377Net Assets 2022: $1,495,7162022Assets 2023: $1,678,509Liabilities 2023: $2,028Net Assets 2023: $1,676,4812023Assets 2024: $1,819,045Liabilities 2024: $520Net Assets 2024: $1,818,5252024

Highlighted filing

2015

Assets$635,206
Liabilities$4,371
Net Assets$630,835

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $549,2582010Expenses 2011: $554,0232011Revenue 2012: $564,128Expenses 2012: $564,182Net Income 2012: -$542012Revenue 2013: $265,506Expenses 2013: $420,992Net Income 2013: -$155,4862013Revenue 2014: $365,351Expenses 2014: $211,543Net Income 2014: $153,8082014Revenue 2015: $238,960Expenses 2015: $201,116Net Income 2015: $37,8442015Revenue 2016: $214,831Expenses 2016: $188,430Net Income 2016: $26,4012016Revenue 2017: $259,781Expenses 2017: $223,861Net Income 2017: $35,9202017Revenue 2018: $297,749Expenses 2018: $287,143Net Income 2018: $10,6062018Revenue 2019: $339,514Expenses 2019: $295,751Net Income 2019: $43,7632019Revenue 2020: $859,500Expenses 2020: $362,294Net Income 2020: $497,2062020Revenue 2021: $437,840Expenses 2021: $231,199Net Income 2021: $206,6412021Revenue 2022: $310,549Expenses 2022: $246,228Net Income 2022: $64,3212022Revenue 2023: $397,998Expenses 2023: $253,404Net Income 2023: $144,5942023Revenue 2024: $357,183Expenses 2024: $249,529Net Income 2024: $107,6542024

Highlighted filing

2015

Revenue$238,960
Expenses$201,116
Net Income$37,844
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 9, 2016
Return Version
2015v2.1
Gross Receipts
$238,960
Mission and Program Overview

Mission

To operate and fund a food bank and to give aid and assistance to people in need in the Methow Valley of Washington state.

To provide food and assistance to people in need in the Methow Valley, in Washington State.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$599,460$630,835▲ $31,375
Land, Buildings, and Equipment, Net$288,678$295,918▲ $7,240
Cash and Non-Interest-Bearing Accounts$305,323$172,501▼ $132,822
Investments in Publicly Traded Securities-$158,391-
Inventories for Sale or Use$8,000$8,000→ $0
Savings and Temporary Cash Investments-$396-
Prepaid Expenses and Deferred Charges$150--
Total Assets$602,151$635,206▲ $33,055
Liabilities
Accounts Payable and Accrued Expenses$2,691$4,371▲ $1,680
Total Liabilities$2,691$4,371▲ $1,680
Net Assets / Fund Balance
Total Net Assets Fund Balance$599,460$630,835▲ $31,375
Total Liabilities and Net Assets / Fund Balance$602,151$635,206▲ $33,055

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$231,154$27,541$258,695
Land$59,673-$59,673
Equipment$5,091$6,004$11,095
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Glenn SchmekelKey employeePT$20,400$20,400

Board Members and Trustees

NameTitle
Karen DahlChairman
Mary Ann KirklandVice Chairman
Kurt RamckeBoard Member
Lois ChaveyBoard Member
Paul SchmekelBoard Member
Scott BaldwinSecretary
Mary ThomsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$232,348
Program Service Revenue
$0
Investment Income
$6,612
Other Revenue
$0
All Other Contributions
$232,348
Change in Net Assets
$37,844

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory65,561$65,561cash value of donation
Total Noncash Contributions65,561$65,561-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,788
Salaries, Compensation, and Employee Benefits$47,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$115,878$0$0$115,878
Other Salaries and Wages$22,302$0$0$22,302
Current Officers, Directors, Trustees, and Key Employees$20,400$0$0$20,400
Occupancy$9,766$0$0$9,766
Depreciation Depletion$7,105$0$0$7,105
Fees for Services Management$6,000$0$0$6,000
Payroll Taxes$4,626$0$0$4,626
Other Expenses$2,579$0$0$2,579
Fees for Service Investment Mgmnt Fees$0$2,255$0$2,255
Fees for Services Accounting$0$2,175$0$2,175
Travel$1,000$0$0$1,000
Information Technology$634$0$0$634
Advertising$521$0$0$521
Conferences and Meetings$175$0$0$175
Total Functional Expenses$196,686$4,430$0$201,116
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
The Cove
EIN
91-2051659
Phone
5099970227
Address
PO Box 895, Twisp, WA 98856

Signing Officer

Name
Karen Dahl
Title
Chairman
Phone
5099970227
Signed
2016-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Thomsen
Formed
1998
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
75

Preparer

Firm
J Bart Bradshaw CPA PLLC
Address
PO BOX 697, Winthrop, WA 98862
Preparer
J Bart Bradshaw CPA
Phone
5099962820
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The tax return is made available at a board meeting

Pt VI, Line 12C

Board members are asked to disclose any conflicts at the board meetings

Pt VI, Line 15A

The board of directors decides on the pay for it's managing director

Pt VI, Line 15B

The board of Directors decides on the pay for it's key employees

Form 990, Part IX, Line 24E

Direct Client Assistance 115733. 115733. 0. 0.

Form 990, Part IX, Line 24E

Dues & Subscriptions 145. 145. 0. 0.

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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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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0396
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Adult Family Home Fees 2011: 480814. 2012: 447457. 2013: 33284. Description: Methow Resource Recovery 2011: 9991. 2012: 9207. 2013: 11458.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1These two entities no longer function with The Cove. Operations ceased on 12/31/13.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0232348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0355848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0133382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0106951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0158398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0986927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09503
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0513
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0943
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019953
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt044742
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0456664
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0490805
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0992211
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49370
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.37670
IRS990ScheduleA/PublicSupportTotal170Amt0986927
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0232348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0355848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0133382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0106951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0158398
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0986927
IRS990ScheduleA/TotalSupportAmt01999091
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt0231154
IRS990ScheduleD/BuildingsGrp/DepreciationAmt027541
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0258695
IRS990ScheduleD/EquipmentGrp/BookValueAmt05091
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06004
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011095
IRS990ScheduleD/LandGrp/BookValueAmt059673
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059673
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0295918
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt065561
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0cash value of donation
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt065561
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return is made available at a board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are asked to disclose any conflicts at the board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of directors decides on the pay for it's managing director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of Directors decides on the pay for it's key employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Direct Client Assistance 115733. 115733. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subscriptions 145. 145. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0602151
IRS990/TotalAssetsEOYAmt0635206
IRS990/TotalAssetsGrp/BOYAmt0602151
IRS990/TotalAssetsGrp/EOYAmt0635206
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0232348
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04430
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0196686
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201116
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02691
IRS990/TotalLiabilitiesEOYAmt04371
IRS990/TotalLiabilitiesGrp/BOYAmt02691
IRS990/TotalLiabilitiesGrp/EOYAmt04371
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0599460
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0630835
IRS990/TotalProgramServiceExpensesAmt0196686
IRS990/TotalReportableCompFromOrgAmt020400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06612
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0238960
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0602151
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0635206
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01000
IRS990/TravelGrp/TotalAmt01000
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 566
IRS990/USAddress/CityNm0Winthrop
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098862
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN DAHL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05099970227
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Cove
ReturnHeader/Filer/BusinessNameControlTxt0THEC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.00$1.82$0.36$0.25$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.00$1.68$0.40$0.25$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.31$0.25$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$0.44$0.23$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.01$1.31$0.86$0.36$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.34$0.30$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.30$0.29$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$0.26$0.22$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.67$0.21$0.19$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$0.24$0.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.37$0.21$0.15
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$0.27$0.42$0.16
2012Summary only. Only limited summary data is available for this year.$1.22$0.63$0.58$0.56$0.56$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.65$0.58$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.66$0.49$0.55