Civic Intelligence

Kennebec Valley Community Action Program

990 • Fiscal year 2016 • EIN 01-0277678

Oct 01, 2015 to Sep 30, 2016 • Filed on May 05, 2017

97 Water StreetWaterville, ME 04901

(207) 859-1500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.86x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.66x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

31st percentile

-1.5%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

25th percentile

-3.1%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

75th percentile

14%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$17,547,306

Down $565,108 (-3.1%) from 2015

Net Assets

Down

$2,448,665

Down $337,425 (-12%) from 2015

Liabilities

Down

$15,098,641

Down $227,683 (-1.5%) from 2015

Revenue

Up

$22,924,334

Up $2,795,380 (+14%) from 2015

Expenses

Up

$23,261,759

Up $3,018,782 (+15%) from 2015

Net Income

Down

-$337,425

Down $223,402 (-196%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $18,223,994Liabilities 2011: $15,558,571Net Assets 2011: $2,665,4232011Assets 2012: $18,018,500Liabilities 2012: $15,254,487Net Assets 2012: $2,764,0132012Assets 2013: $17,765,620Liabilities 2013: $14,718,980Net Assets 2013: $3,046,6402013Assets 2014: $17,732,741Liabilities 2014: $14,832,628Net Assets 2014: $2,900,1132014Assets 2015: $18,112,414Liabilities 2015: $15,326,324Net Assets 2015: $2,786,0902015Assets 2016: $17,547,306Liabilities 2016: $15,098,641Net Assets 2016: $2,448,6652016Assets 2017: $18,219,117Liabilities 2017: $16,051,862Net Assets 2017: $2,167,2552017Assets 2018: $8,321,884Liabilities 2018: $5,582,954Net Assets 2018: $2,738,9302018Assets 2019: $8,435,251Liabilities 2019: $5,385,036Net Assets 2019: $3,050,2152019Assets 2020: $11,708,818Liabilities 2020: $6,311,491Net Assets 2020: $5,397,3272020Assets 2021: $19,316,065Liabilities 2021: $11,016,691Net Assets 2021: $8,299,3742021Assets 2022: $18,107,318Liabilities 2022: $8,555,321Net Assets 2022: $9,551,9972022Assets 2023: $20,584,554Liabilities 2023: $8,096,136Net Assets 2023: $12,488,4182023Assets 2024: $17,681,457Liabilities 2024: $4,739,005Net Assets 2024: $12,942,4522024

Highlighted filing

2016

Assets$17,547,306
Liabilities$15,098,641
Net Assets$2,448,665

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $22,527,3442011Expenses 2012: $18,898,8272012Revenue 2013: $17,044,738Expenses 2013: $16,762,111Net Income 2013: $282,6272013Revenue 2014: $16,010,034Expenses 2014: $16,156,561Net Income 2014: -$146,5272014Revenue 2015: $20,128,954Expenses 2015: $20,242,977Net Income 2015: -$114,0232015Revenue 2016: $22,924,334Expenses 2016: $23,261,759Net Income 2016: -$337,4252016Revenue 2017: $24,206,597Expenses 2017: $24,488,007Net Income 2017: -$281,4102017Revenue 2018: $28,303,872Expenses 2018: $27,732,197Net Income 2018: $571,6752018Revenue 2019: $27,740,027Expenses 2019: $27,428,742Net Income 2019: $311,2852019Revenue 2020: $29,814,246Expenses 2020: $27,467,134Net Income 2020: $2,347,1122020Revenue 2021: $41,018,551Expenses 2021: $38,124,265Net Income 2021: $2,894,2862021Revenue 2022: $54,835,180Expenses 2022: $53,577,387Net Income 2022: $1,257,7932022Revenue 2023: $46,655,834Expenses 2023: $43,725,041Net Income 2023: $2,930,7932023Revenue 2024: $42,422,001Expenses 2024: $40,929,739Net Income 2024: $1,492,2622024

Highlighted filing

2016

Revenue$22,924,334
Expenses$23,261,759
Net Income-$337,425
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 5, 2017
Return Version
2015v3.0
Gross Receipts
$23,043,115
Mission and Program Overview

Mission

The organization supports individual solutions to build stronger communities by improving the lives of people through education, prevention and advocacy efforts. KVCAP seeks collaborative partnerships in the community to identify needs, coordinate resources and creatively invest funding dollars to make the greatest positive impact on the lives of low-income families served in ninety-one communities.

The organization's mission is to partner with area residents, organizations, and local, state and federal entities, creating solutions to the conditions of poverty in order to strengthen individuals, families and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$8,707,816$8,456,399▼ $251,417
Land, Buildings, and Equipment, Net$3,886,246$3,889,954▲ $3,708
Savings and Temporary Cash Investments$2,463,927$2,095,573▼ $368,354
Pledges and Grants Receivable$1,750,018$1,889,004▲ $138,986
Investments Other Securities$735,666$538,533▼ $197,133
Other Notes and Loans Receivable, Net$235,589$234,171▼ $1,418
Investments in Publicly Traded Securities$34,223$34,855▲ $632
Cash and Non-Interest-Bearing Accounts$5,675$6,375▲ $700
Total Assets$18,112,414$17,547,306▼ $565,108
Other Assets Total$293,254$402,442▲ $109,188
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,453,240$12,403,478▼ $49,762
Accounts Payable and Accrued Expenses$1,277,370$1,556,054▲ $278,684
Deferred Revenue$1,367,366$997,306▼ $370,060
Other Liabilities$228,348$141,803▼ $86,545
Total Liabilities$15,326,324$15,098,641▼ $227,683
Net Assets / Fund Balance
Unrestricted Net Assets$2,435,366$2,097,941▼ $337,425
Permanently Rstr Net Assets$236,077$236,077→ $0
Temporarily Rstr Net Assets$114,647$114,647→ $0
Total Net Assets Fund Balance$2,786,090$2,448,665▼ $337,425
Total Liabilities and Net Assets / Fund Balance$18,112,414$17,547,306▼ $565,108

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,167,402$1,476,254$2,643,656
Buildings$1,449,725$1,093,039$2,542,764
Other Land Buildings$1,189,478$99,123$1,288,601
Land$57,787-$57,787
Leasehold Improvements$25,562$16,923$42,485
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark JohnstonCFOFT$122,807$13,901$136,708
Suzanne WalshExecutive DiFT$107,777$11,705$119,482
Michele PrinceCOOFT$74,909$2,287$77,196

Board Members and Trustees

NameTitle
Sheryl GregoryPresident
Anna CourtDirector
Betty St HilaireDirector
Christa NielsenDirector
Debbie KnoxDirector
Denver BrownDirector
Jeff JohnsonDirector
Julie RedwineDirector
Matthew MorganDirector
Michael MitchellDirector
Michele PinoDirector
Pamela ThompsonDirector
Tim PlossayDirector
George JosephSecretary
Richard StaplesTreasurer
Heather MerrowVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Kennebec Taxi LLCTransportation102 JUNCTION ROAD, Sidney, ME 04330$728,436
Maine Energy Pros INCRehab/weatherPO BOX 2564, Waterville, ME 04901$514,872
Al's Double R's Taxi INCTransportation178 QUAKER ROAD, Sidney, ME 04330$501,100
Elite Transportation INCTransportationPO BOX 74, Fairfield, ME 04937$372,462
Weatherization ExpertsRehab/weather214 POND ROAD, Newcastle, ME 04553$309,481
Revenue and Support

Revenue Composition

Contributions and Grants
$13,703,325
Program Service Revenue
$9,214,571
Investment Income
$-6,403
Other Revenue
$12,841
All Other Contributions
$315,961
Change in Net Assets
$-337,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,924,334
Revenue Not Reported on Form 990
$889,156
Total Revenue per Audited Statements
$23,813,490
Total Revenue per Form 990
$22,924,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,190,534
Grants and Similar Amounts Paid$7,782,969
Other Expenses$4,288,256
Total Fundraising Expense$25,753
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,468,900$760,384$4,634$8,233,918
Grants to Domestic Individuals$7,782,969--$7,782,969
Other Employee Benefits$1,465,826$118,658$1,468$1,585,952
Fees for Services Other$1,086,767$32,852-$1,119,619
Payroll Taxes$699,293$86,855$1,241$787,389
Occupancy$435,958--$435,958
Current Officers, Directors, Trustees, and Key Employees-$350,542$5,486$356,028
Interest$273,828$42-$273,870
Depreciation Depletion$228,137$7,851-$235,988
Travel$199,942$32,859$139$232,940
Pension Plan Contributions$204,581$22,491$175$227,247
Office Expenses$133,152$59,623$883$193,658
Other Expenses$128,007$19,401$11,727$147,408
Information Technology$127,471$16,432-$143,903
Fees for Services Accounting-$52,230-$52,230
Insurance$20,257$31,020-$51,277
Fees for Services Legal-$19,972-$19,972
Total Functional Expenses$21,455,093$1,780,913$25,753$23,261,759

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$24,150,915
Expenses per Audited Statements$23,261,759
Total Expenses per Form 990$23,261,759
Expenses Not Reported on Form 990$889,156
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,302
Fundraising Direct Expenses$7,061
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$31,095$7,302$2,265$5,037
Total Events$31,095$7,302$7,061$241
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserves$136,840
Obligation Under Capital Lease$4,963
Due to Funding Sources-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by key employees of the agency and the finance committee of the board of directors. If there is no meeting date prior to filing, a copy of the 990 is forwarded to the board treasurer for review.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually with the board of directors and each board member reaffirms that conflicts do not exist. Agency employees review the policy at department meetings on an annual basis.

Form 990, Page 6, Part VI, Line 15A

The chief executive officer is evaluated on an annual basis by the board of directors. A survey of the ceo's performance is completed by the board and the answers are then compiled. A merit increase of between 2% and 4% is received based on the performance evaluation and as approved by the board effective april 1, 2015.

Form 990, Page 6, Part VI, Line 15B

The chief financial officer and chief operating officer's performance is evaluated annually by the ceo. A merit increase of between 2% and 4% is received based on the performance evaluation and as approved by the board effective april 1, 2015.

Form 990, Page 6, Part VI, Line 18

Copies of the organization's form 990 are available upon request in the finance office located on the waterville campus, or on the agency website.

Form 990, Page 6, Part VI, Line 19

All governing documents are available for public inspection upon request at the agency's main office in waterville, maine. Our audited financial statements are also available at our main office in waterville and from our website.

Filing and Contact Details

Filer

Filer Name
Kennebec Valley Community Action
EIN
01-0277678
Phone
2078591500
Address
97 WATER STREET, WATERVILLE, ME 04901

Signing Officer

Name
Mark Johnston
Title
CFO
Phone
2078591500
Signed
2017-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Walsh
Formed
1965
Legal Domicile
Me
Voting Board Members
16
Independent Board Members
16
Employees
328
Volunteers
1,411

Preparer

Firm
Pfbfcpas
Address
46 FIRSTPARK DRIVE, OAKLAND, ME 04963-5362
Preparer
Danielle D Martin CPA
Phone
2078731603
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization's mission is to partner with area residents, organizations, and local, state and federal entities, creating solutions to the conditions of poverty in order to strengthen individuals, families, and communities.

Form 990, Page 2, Part III, Line 4A

Projects, and 10 members worked part-time. All attending seniors graduated high school. The health navigator program provides education on the affordable care act and helps people enroll for health insurance through the online marketplace. More than 2,000 people participated in educational opportunities and 271 uninsured people received assistance to secure health insurance, with the majority receiving some level of subsidy. The new resource navigator program, which began in fy2016, provides case management services to clients referred through other kvcap programs; 186 families received support and resources to help address a financial crisis. The poverty action coalition (pac) was formed in 2014 with the mayor of waterville and other community partners concerned about the growing number of families living in poverty. The pac's primary initiative, community investors, draws on the resources of the larger community to help individuals and families who are facing a crisis that threatens their stability and when no other resources exist. The pac's 209 community investors financially helped 48 families become financially stable through donations. This division also implements the maine families home visiting program and the kennebec/somerset family enrichment council. Maine families works in partnership with expectant parents and parents of children birth to age three, to ensure safe home environments and promote healthy growth and development. In the last year, maine families served 312 families; 95% of the pregnant mothers received adequate prenatal care and 90% of the children were up to date on their immunizations. The family enrichment council focuses on the prevention of child abuse and neglect. Almost 5,000 children took part in personal body safety classes. The transportation division has two components: (1) operating public transit services in the augusta, waterville, and skowhegan areas, and (2) providing door-to-door transportation through a network of volunteers for medical and social service appointments. During the year, the kennebec explorer, somerset explorer, and "move more kids" public bus system served 97,803 passengers - a 120% increase in ridership over the past five years. Some of the rides provided by the somerset explorer during the summer months are free of charge through the "move more kids" program, which extends routes to locations where youth can participate in physical activities and promote a healthy lifestyle. The kv van program has a network of over 100 volunteers and several agency vehicles that provided 332,991 rides for medical or social service appointments, driving nearly 5 million miles.

Form 990, Page 2, Part III, Line 4B

Also partnered with parents on 453 home visits. Of the families served, 34 families received supports related to domestic violence, 73 families received supports related to child abuse and neglect, 84 families received transportation assistance, and 114 families received help finding and securing affordable housing. The child & family services program is also participating in the maine shared services alliance, a statewide initiative focused on providing resources to improve the quality and financial stability of family childcare providers. This innovative private partnership pilot is creating an infrastructure to provide access to business and quality supports, while ensuring programs maintain their independent status. Lastly, the new homestart began in fy2016. The homestart program partners with family day care providers in somerset county who serve children from birth to age 4. Homestart staff provide coaching and access to numerous resources for partner providers who agree to deliver quality services that meet head start performance standards.

Form 990, Page 2, Part III, Line 4C

Their heating system, and 50 homes were repaired for health and safety concerns. The department also continues with the development of the cony village energy efficient housing community. All 28 affordable housing units were occupied throughout the year in the gerald senior residence project, which was completed in 2014. We helped 79 people purchase their own home and 85 homeowners avoid foreclosure.

Form 990, Page 2, Part III, Line 4D

Agency services offers programs designed to increase the operations and efficiency of the agency in regards to providing the types of services described above.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(1). The organization believes it has no uncertain tax positions with the internal revenue service that require disclosure in the financial statements.

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IRS990/ProgSrvcAccomActy2Grp/Desc0CHILD & FAMILY SERVICES PROVIDES COMPREHENSIVE, HIGH QUALITY EARLY CARE AND EDUCATION FOR CHILDREN AGES 6 WEEKS TO 5 YEARS IN PUBLIC SCHOOL BASED CARE, EDUCARE CENTRAL MAINE, SKOWHEGAN EARLY HEAD START (OPENED IN SEPTEMBER OF 2015), AND THROUGH HOME VISITING THROUGHOUT NORTHERN KENNEBEC AND SOMERSET COUNTIES. THE PROGRAM'S GOAL IS TO INCREASE SOCIAL COMPETENCE AND SCHOOL READINESS SKILLS OF CHILDREN SO THEY ACQUIRE THE SKILLS NECESSARY FOR SUCCESS IN PUBLIC SCHOOL. DURING THE YEAR, 620 CHILDREN INCREASED THEIR READINESS FOR SCHOOL SUCCESS THROUGH THE PROVISION OF 513,680 HOURS OF HIGH-QUALITY EARLY CARE AND EDUCATION SERVICES. MORE THAN 100,000 NUTRITIOUS MEALS AND SNACKS WERE SERVED, 349 CHILDREN RECEIVED ON-SITE DENTAL EXAMS, AND 92 CHILDREN RECEIVED ON-SITE LEAD TESTING. THE PROGRAM ALSO PARTNERED WITH PARENTS ON 453 HOME VISITS. OF THE FAMILIES SERVED, 34 FAMILIES RECEIVED SUPPORTS RELATED TO DOMESTIC VIOLENCE, 73 FAMILIES RECEIVED SUPPORTS RELATED TO CHILD ABUSE AND NEGLECT, 84 FAMILIES RECEIVED TRANSPORTATION ASSISTANCE, AND 114 FAMILIES RECEIVED HELP FINDING AND SECURING AFFORDABLE HOUSING. THE CHILD & FAMILY SERVICES PROGRAM IS ALSO PARTICIPATING IN THE MAINE SHARED SERVICES ALLIANCE, A STATEWIDE INITIATIVE FOCUSED ON PROVIDING RESOURCES TO IMPROVE THE QUALITY AND FINANCIAL STABILITY OF FAMILY CHILDCARE PROVIDERS. THIS INNOVATIVE PRIVATE PARTNERSHIP PILOT IS CREATING AN INFRASTRUCTURE TO PROVIDE ACCESS TO BUSINESS AND QUALITY SUPPORTS, WHILE ENSURING PROGRAMS MAINTAIN THEIR INDEPENDENT STATUS. LASTLY, THE NEW HOMESTART BEGAN IN FY2016. THE HOMESTART PROGRAM PARTNERS WITH FAMILY DAY CARE PROVIDERS IN SOMERSET COUNTY WHO SERVE CHILDREN FROM BIRTH TO AGE 4. HOMESTART STAFF PROVIDE COACHING AND ACCESS TO NUMEROUS RESOURCES FOR PARTNER PROVIDERS WHO AGREE TO DELIVER QUALITY SERVICES THAT MEET HEAD START PERFORMANCE STANDARDS.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$4.74$12.9$42.4$40.9$1.49
2023Detailed filing. Detailed filing data is available for this year.$20.6$8.10$12.5$46.7$43.7$2.93
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$8.56$9.55$54.8$53.6$1.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$11.0$8.30$41.0$38.1$2.89
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$6.31$5.40$29.8$27.5$2.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$5.39$3.05$27.7$27.4$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.32$5.58$2.74$28.3$27.7$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$16.1$2.17$24.2$24.5$0.28
2016Detailed filing. Detailed filing data is available for this year.$17.5$15.1$2.45$22.9$23.3$0.34
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$15.3$2.79$20.1$20.2$0.11
2014Detailed filing. Detailed filing data is available for this year.$17.7$14.8$2.90$16.0$16.2$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$14.7$3.05$17.0$16.8$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$15.3$2.76$18.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$15.6$2.67$22.5