Civic Intelligence

North Bend Student Loan Fund

990EZ • Fiscal year 2015 • EIN 93-0677588

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 08, 2016

Organization ProfileN/A
67505 N Bay RoadNorth Bend, OR 97459

(541) 756-4572

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.26x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

56th percentile

5.6%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

40th percentile

-2.1%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-8.2%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$373,279

Down $7,931 (-2.1%) from 2014

Net Assets

Up

$370,185

Up $671 (+0.2%) from 2014

Liabilities

Down

$3,094

Down $8,602 (-74%) from 2014

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin56th percentile

Revenue

Down

$11,902

Down $1,063 (-8.2%) from 2014

Expenses

Up

$11,231

Up $8,257 (+278%) from 2014

Net Income

Down

$671

Down $9,320 (-93%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$400K$300K$200K$100K$0Assets 2011: $316,391Net Assets 2011: $316,3912011Assets 2012: $343,798Liabilities 2012: $12,098Net Assets 2012: $331,7002012Assets 2013: $370,537Liabilities 2013: $11,014Net Assets 2013: $359,5232013Assets 2014: $381,210Liabilities 2014: $11,696Net Assets 2014: $369,5142014Assets 2015: $373,279Liabilities 2015: $3,094Net Assets 2015: $370,1852015Assets 2016: $389,141Liabilities 2016: $7,356Net Assets 2016: $381,7852016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2015

Assets$373,279
Liabilities$3,094
Net Assets$370,185
Open 2015 Filing

Operations Trend

Revenue Growth32nd percentile

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

$40K$30K$20K$10K$0Revenue 2011: $13,078Expenses 2011: $700Net Income 2011: $12,3782011Revenue 2012: $17,658Expenses 2012: $2,349Net Income 2012: $15,3092012Revenue 2013: $30,621Expenses 2013: $2,798Net Income 2013: $27,8232013Revenue 2014: $12,965Expenses 2014: $2,974Net Income 2014: $9,9912014Revenue 2015: $11,902Expenses 2015: $11,231Net Income 2015: $6712015Revenue 2016: $15,817Expenses 2016: $4,217Net Income 2016: $11,6002016Revenue 2017: $12,304Expenses 2017: $10,677Net Income 2017: $1,6272017

Highlighted filing

2015

Revenue$11,902
Expenses$11,231
Net Income$671
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 8, 2016
Return Version
2015v2.0
Gross Receipts
$57,464
Mission and Program Overview

Mission

To provide college loans to students from north bend high school, helping them enter college or further their education.the loan funds are repaid once graduated and the proceeds used to make further loans to others.

Program Services

DescriptionGrantsExpenses
TO PROVIDE COLLEGE LOANS TO STUDENTS FROM NORTH BEND HIGH SCHOOL, HELPING THEM ENTER COLLEGE OR FURTHER THEIR EDUCATION.THE LOAN FUNDS ARE REPAID ONCE GRADUATED AND THE PROCEEDS USED TO MAKE FURTHER LOANS TO OTHERS.$11,231-
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BUTCH SCHROEDERPresident-$0--
LEE GOLDERVice President-$0--
MICHELLE COLLICOTTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
North Bend Student Loan Fund
EIN
93-0677588
Phone
5417564572
Address
67505 N BAY ROAD, NORTH BEND, OR 97459

Signing Officer

Name
Butch Schroeder
Title
President
Signed
2016-03-08
Discuss with paid preparer
Yes

Preparer

Firm
Carolyn D Thompson CPA LLC
Address
340 N Front St, Coos Bay, OR 97420
Preparer
Carolyn D Thompson
Phone
5412692711
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $89”

Other Expenses.1

“BAd debt write-off $7788”

Other Expenses.2

“INVESTMENT FEES $2583”

Other Expenses.3

“CORPORATE DIVISION $32”

Other Expenses.4

“FOREIGN TAX $29”

Other Assets.1

“EDWARDS JONES ACCOUNT - Beginning $164594 EDWARDS JONES ACCOUNT - Ending $231749”

Other Assets.2

“LOANS RECEIVABLE - Beginning $154461 LOANS RECEIVABLE - Ending $120928”

Total Liabilities.1

“CHANGE IN FMV OF EDWARD JONES AC - Beginning $11696 CHANGE IN FMV OF EDWARD JONES AC - Ending $3094”

Raw XML Appendix121 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BUTCH SCHROEDER
IRS990EZ/BooksInCareOfDetail/PhoneNum05417564572
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt067505 N BAY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH BEND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd097459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt062155
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020602
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt045562
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0671
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0710
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0381210
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0373279
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt03829
IRS990EZ/GrossReceiptsAmt057464
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt04457
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0369514
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0370185
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0369514
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0370185
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BUTCH SCHROEDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEE GOLDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHELLE COLLICOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0319055
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0352677
IRS990EZ/OtherExpensesTotalAmt010521
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE COLLEGE LOANS TO STUDENTS FROM NORTH BEND HIGH SCHOOL, HELPING THEM ENTER COLLEGE OR FURTHER THEIR EDUCATION.THE LOAN FUNDS ARE REPAID ONCE GRADUATED AND THE PROCEEDS USED TO MAKE FURTHER LOANS TO OTHERS.
IRS990EZ/ProgramServiceRevenueAmt03616
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE COLLEGE LOANS TO STUDENTS FROM NORTH BEND HIGH SCHOOL, HELPING THEM ENTER COLLEGE OR FURTHER THEIR EDUCATION.THE LOAN FUNDS ARE REPAID ONCE GRADUATED AND THE PROCEEDS USED TO MAKE FURTHER LOANS TO OTHERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011231
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt049391
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OR
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011696
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03094
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011231
IRS990EZ/TotalProgramServiceExpensesAmt011231
IRS990EZ/TotalRevenueAmt011902
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $89
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BAd debt write-off $7788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT FEES $2583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATE DIVISION $32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOREIGN TAX $29
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EDWARDS JONES ACCOUNT - Beginning $164594 EDWARDS JONES ACCOUNT - Ending $231749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOANS RECEIVABLE - Beginning $154461 LOANS RECEIVABLE - Ending $120928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN FMV OF EDWARD JONES AC - Beginning $11696 CHANGE IN FMV OF EDWARD JONES AC - Ending $3094
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BUTCH SCHROEDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH BEND STUDENT LOAN FUND
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0930677588
ReturnHeader/Filer/PhoneNum05417564572
ReturnHeader/Filer/USAddress/AddressLine1Txt067505 N BAY ROAD
ReturnHeader/Filer/USAddress/CityNm0NORTH BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Carolyn D Thompson CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 N Front St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Coos Bay
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097420
ReturnHeader/PreparerPersonGrp/PhoneNum05412692711
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLYN D THOMPSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-03-09T08:12:48-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$373,279
Liabilities
$3,094
Net assets
$370,185
Revenue
$11,902
Expenses
$11,231
Net income
$671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.12$0.11$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.89$0.07$3.82$0.16$0.04$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.73$0.03$3.70$0.12$0.11$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.81$0.12$3.70$0.13$0.03$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.71$0.11$3.60$0.31$0.03$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.12$3.32$0.18$0.02$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$3.16$0.13$0.01$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • <$500k nonprofits