Civic Intelligence

The Cove

990 • Fiscal year 2016 • EIN 91-2051659

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 02, 2017

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

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$20,400

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

59th percentile

5.0%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

25th percentile

-10%

Faster revenue growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$667,131

Up $31,925 (+5.0%) from 2015

Net Assets

Up

$666,063

Up $35,228 (+5.6%) from 2015

Liabilities

Down

$1,068

Down $3,303 (-76%) from 2015

Revenue

Down

$214,831

Down $24,129 (-10%) from 2015

Expenses

Down

$188,430

Down $12,686 (-6.3%) from 2015

Net Income

Down

$26,401

Down $11,443 (-30%) from 2015

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

2016

Assets$667,131
Liabilities$1,068
Net Assets$666,063

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

2016

Revenue$214,831
Expenses$188,430
Net Income$26,401
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 2, 2017
Return Version
2016v3.0
Gross Receipts
$214,831
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$630,835$666,063▲ $35,228
Land, Buildings, and Equipment, Net$295,918$288,156▼ $7,762
Investments Program Related-$224,125-
Investments in Publicly Traded Securities$158,391--
Cash and Non-Interest-Bearing Accounts$172,501$146,850▼ $25,651
Inventories for Sale or Use$8,000$8,000→ $0
Savings and Temporary Cash Investments$396--
Total Assets$635,206$667,131▲ $31,925
Liabilities
Accounts Payable and Accrued Expenses$4,371$1,068▼ $3,303
Total Liabilities$4,371$1,068▼ $3,303
Net Assets / Fund Balance
Total Net Assets Fund Balance$630,835$666,063▲ $35,228
Total Liabilities and Net Assets / Fund Balance$635,206$667,131▲ $31,925

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$228,483$30,212$258,695
Land$59,673-$59,673
Equipment-$11,095$11,095
Investment Program Related Org$224,125--
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
Rick LewisBoard Member
Scott BaldwinSecretary
Mary ThomsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$204,858
Program Service Revenue
$0
Investment Income
$9,973
Other Revenue
$0
All Other Contributions
$204,858
Change in Net Assets
$26,401

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 Inventory62,000$62,000cash value of donation
Total Noncash Contributions62,000$62,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,247
Other Expenses$45,617
Salaries, Compensation, and Employee Benefits$42,566
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$100,247--$100,247
Current Officers, Directors, Trustees, and Key Employees$20,400$0$0$20,400
Other Salaries and Wages$18,437$0$0$18,437
Occupancy$15,048$0$0$15,048
Depreciation Depletion$7,761$0$0$7,761
Fees for Services Management$6,000$0$0$6,000
Payroll Taxes$3,729$0$0$3,729
Fees for Service Investment Mgmnt Fees$3,067$0$0$3,067
Fees for Services Accounting$0$2,129$0$2,129
Information Technology$1,120$0$0$1,120
Other Expenses$1,106$0$0$1,106
Travel$880$0$0$880
Conferences and Meetings$530$0$0$530
Advertising$357$0$0$357
All Other Expenses$44$150$0$194
Insurance$168$0$0$168
Total Functional Expenses$186,151$2,279$0$188,430
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
2017-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Thomsen
Formed
1998
Legal Domicile
Wa
Voting Board Members
8
Independent Board Members
8
Employees
5
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

Dues & Subscriptions 150. 0. 150. 0.

Form 990, Part IX, Line 24E

Equipment Rental 44. 44. 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/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt026401
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0133429
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0630835
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0666063
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0396
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Adult Family Home Fees 2012: 447457. 2013: 33284. 2016: 0. Description: Methow Resource Recovery 2012: 9207. 2013: 11458. 2016: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0204858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0232348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0355848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0133382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0106951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01033387
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09973
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09503
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0513
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt028983
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt044742
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0456664
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0501406
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66080
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.49370
IRS990ScheduleA/PublicSupportTotal170Amt01033387
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0204858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0232348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0355848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0106951
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01033387
IRS990ScheduleA/TotalSupportAmt01563776
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/BookValueAmt0228483
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0258695
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011095
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0224125
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Community Foundation
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LandGrp/BookValueAmt059673
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059673
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0288156
IRS990ScheduleD/TotalBookValueProgramRltdAmt0224125
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt062000
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0cash value of donation
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt062000
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/ExplanationTxt4Dues & Subscriptions 150. 0. 150. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Equipment Rental 44. 44. 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/TotalAssetsBOYAmt0635206
IRS990/TotalAssetsEOYAmt0667131
IRS990/TotalAssetsGrp/BOYAmt0635206
IRS990/TotalAssetsGrp/EOYAmt0667131
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0204858
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02279
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186151
IRS990/TotalFunctionalExpensesGrp/TotalAmt0188430
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04371
IRS990/TotalLiabilitiesEOYAmt01068
IRS990/TotalLiabilitiesGrp/BOYAmt04371
IRS990/TotalLiabilitiesGrp/EOYAmt01068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0630835
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0666063
IRS990/TotalProgramServiceExpensesAmt0186151
IRS990/TotalReportableCompFromOrgAmt020400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09973
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0214831
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0635206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0667131
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt0880
IRS990/TravelGrp/TotalAmt0880
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

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
2016Detailed filing. Detailed filing data is available for this year.$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