Civic Intelligence

Independence Associates Inc.

990 • Fiscal year 2018 • EIN 04-2701621

Oct 01, 2017 to Sep 30, 2018 • Filed on Feb 07, 2019

100 Laurel Street No 122East Bridgewater, MA 02333

(508) 583-2166

Siviq Scores

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

Liabilities / Assets

71st percentile

0.30x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

53rd percentile

0.11x

Higher debt load relative to revenue than 53% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

40th percentile

0.1%

Higher net margin than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$78,328

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

50th percentile

1.0%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-8.3%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$557,638

Up $5,480 (+1.0%) from 2017

Net Assets

Up

$390,672

Up $2,103 (+0.5%) from 2017

Liabilities

Up

$166,966

Up $3,377 (+2.1%) from 2017

Revenue

Down

$1,514,775

Down $137,240 (-8.3%) from 2017

Expenses

Down

$1,512,672

Down $15,604 (-1.0%) from 2017

Net Income

Down

$2,103

Down $121,636 (-98%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $291,556Liabilities 2010: $221,775Net Assets 2010: $69,7812010Assets 2011: $307,652Liabilities 2011: $209,732Net Assets 2011: $97,9202011Assets 2012: $312,384Liabilities 2012: $218,500Net Assets 2012: $93,8842012Assets 2013: $367,780Liabilities 2013: $247,780Net Assets 2013: $120,0002013Assets 2014: $448,081Liabilities 2014: $147,147Net Assets 2014: $300,9342014Assets 2015: $438,386Liabilities 2015: $159,796Net Assets 2015: $278,5902015Assets 2016: $422,688Liabilities 2016: $157,858Net Assets 2016: $264,8302016Assets 2017: $552,158Liabilities 2017: $163,589Net Assets 2017: $388,5692017Assets 2018: $557,638Liabilities 2018: $166,966Net Assets 2018: $390,6722018Assets 2019: $635,572Liabilities 2019: $173,550Net Assets 2019: $462,0222019Assets 2020: $636,904Liabilities 2020: $147,533Net Assets 2020: $489,3712020Assets 2021: $758,959Liabilities 2021: $135,694Net Assets 2021: $623,2652021Assets 2022: $845,215Liabilities 2022: $144,437Net Assets 2022: $700,7782022Assets 2023: $1,249,483Liabilities 2023: $401,270Net Assets 2023: $848,2132023Assets 2024: $1,144,913Liabilities 2024: $314,819Net Assets 2024: $830,0942024

Highlighted filing

2018

Assets$557,638
Liabilities$166,966
Net Assets$390,672

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $865,3782010Revenue 2011: $975,574Expenses 2011: $947,435Net Income 2011: $28,1392011Revenue 2012: $926,205Expenses 2012: $930,241Net Income 2012: -$4,0362012Revenue 2013: $999,447Expenses 2013: $973,331Net Income 2013: $26,1162013Revenue 2014: $1,291,942Expenses 2014: $1,111,008Net Income 2014: $180,9342014Revenue 2015: $1,210,000Expenses 2015: $1,232,344Net Income 2015: -$22,3442015Revenue 2016: $1,488,794Expenses 2016: $1,502,554Net Income 2016: -$13,7602016Revenue 2017: $1,652,015Expenses 2017: $1,528,276Net Income 2017: $123,7392017Revenue 2018: $1,514,775Expenses 2018: $1,512,672Net Income 2018: $2,1032018Revenue 2019: $1,686,578Expenses 2019: $1,615,228Net Income 2019: $71,3502019Revenue 2020: $1,863,495Expenses 2020: $1,836,146Net Income 2020: $27,3492020Revenue 2021: $1,841,824Expenses 2021: $1,707,930Net Income 2021: $133,8942021Revenue 2022: $1,960,718Expenses 2022: $1,883,205Net Income 2022: $77,5132022Revenue 2023: $2,155,265Expenses 2023: $2,007,830Net Income 2023: $147,4352023Revenue 2024: $2,302,672Expenses 2024: $2,320,791Net Income 2024: -$18,1192024

Highlighted filing

2018

Revenue$1,514,775
Expenses$1,512,672
Net Income$2,103
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Feb 7, 2019
Return Version
2017v2.3
Gross Receipts
$1,514,775
Mission and Program Overview

Mission

Since 1980, ia has worked with people with disabilities providing the resources which enable them to live as independently as they wish in the setting that they choose. Living independently is about dignity, freedom and overcoming the barriers which still exist today for persons with disabilities. As a cross age, cross cultural and cross disability organization, ia works to provide resources to any person with a disability living within the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$220,268$230,419▲ $10,151
Savings and Temporary Cash Investments$219,590$227,951▲ $8,361
Land, Buildings, and Equipment, Net$68,707$55,847▼ $12,860
Prepaid Expenses and Deferred Charges$13,706$13,534▼ $172
Total Assets$552,158$557,638▲ $5,480
Other Assets Total$29,887$29,887→ $0
Liabilities
Accounts Payable and Accrued Expenses$151,532$154,909▲ $3,377
Mortgage Notes Payable Secured by Investment Property$12,057$12,057→ $0
Total Liabilities$163,589$166,966▲ $3,377
Net Assets / Fund Balance
Unrestricted Net Assets$388,569$385,672▼ $2,897
Temporarily Rstr Net Assets-$5,000-
Total Net Assets Fund Balance$388,569$390,672▲ $2,103
Total Liabilities and Net Assets / Fund Balance$552,158$557,638▲ $5,480

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,885$207,657$239,542
Leasehold Improvements$23,962$10,479$34,441
Other Assets Org$20,887--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steven S HigginsExecutive DirectorFT$78,328$78,328

Board Members and Trustees

NameTitle
Mark D LewisPresident
Robert ThayerDirector
Anita a AshdonSecretary
Tracey Mccann-olsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,237
Program Service Revenue
$1,505,670
Investment Income
$119
Other Revenue
$2,749
All Other Contributions
$5,300
Change in Net Assets
$2,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,514,775
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,514,775
Total Revenue per Form 990
$1,514,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,032,112
Other Expenses$480,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$759,958$7,136-$767,094
Occupancy$138,169$2,146-$140,315
Fees for Services Other$57,285$38,226-$95,511
Current Officers, Directors, Trustees, and Key Employees$80,461$10,972-$91,433
Other Employee Benefits$86,974$2,737-$89,711
Payroll Taxes$79,478$4,396-$83,874
Travel$58,011$10,881-$68,892
Office Expenses$40,959$1,922-$42,881
Insurance$23,865$644-$24,509
Depreciation Depletion$12,860--$12,860
All Other Expenses$11,273$384-$11,657
Other Expenses$4,905$569-$5,474
Advertising$4,915--$4,915
Information Technology$4,044$47-$4,091
Conferences and Meetings$941--$941
Interest-$805-$805
Total Functional Expenses$1,426,234$86,438$0$1,512,672

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,512,672
Total Expenses per Audited Statements$1,512,672
Total Expenses per Form 990$1,512,672
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
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, Part VI, Section A, Line 8B

No committees have been formed to act with authority on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The board of directors receives, reviews and approves the audited financial statements which serve as the basis for the accountant-prepared form 990. The board of directors then receives the draft form 990 via email for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Members of the board of directors, officers, management and staff members shall annually disclose any anticipated or possible involvement that they or a member of their immediate family may have with individuals and organizations that might produce a conflict in their work on behalf of independence associates, inc. In addition to the above annual disclosure, each member of the board of directors, officers, management and staff members shall annually sign a statement that affirms that he or she has received, read, understands and agrees to comply with this policy.

Form 990, Part VI, Section B, Line 15A

The board of directors were provided information on the salaries of other executive directors of centers for independent living, they reviewed the budget for increase feasibility and approved increases consistent with annual evaluation of work performance.

Form 990, Part VI, Section C, Line 18

The financial statements, form 990, and state charities filing (form pc) are available to the public on the massachusetts state attorney general's website. Governing documents are available on the massachusetts secretary of state's website. Form 1023 is available upon request from the organization.

Form 990, Part VI, Section C, Line 19

Policies are not made available to the public. See schedule o disclosure to form 990, part vi, section c, line 18

Filing and Contact Details

Filer

Filer Name
Independence Associates Inc
EIN
04-2701621
Phone
5085832166
Address
100 LAUREL STREET NO 122, EAST BRIDGEWATER, MA 02333

Signing Officer

Name
Mary Ellen Gatto
Title
Business Manager
Phone
5085832166
Signed
2019-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Ellen Gatto
Formed
1980
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
59
Volunteers
2

Preparer

Firm
Marcum Llp
Address
155 SOUTH MAIN STREET SUITE 100, PROVIDENCE, RI 02903
Preparer
David Fontaine
Phone
4014576700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There were not any changes in the independent accountant and the oversight process has not changed from prior years.

FORM 990, PART V, LINE 7G:

The organization did not receive any contributions of qualified intellectual property during the year, and therefore was not required to file form 8899.

FORM 990, PART V, LINE 7H:

The organization did not receive any contributions of cars, boats, airplanes, and other vehicles during the year, and therefore, was not required to file form 1098-c.

Financial Statement Notes

PART X, LINE 2:

The agency is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the "code"). The agency is, however, subject to the tax on unrelated business income, if any such income exists. In addition, the agency 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)(2). The agency recognizes and measures its unrecognized tax positions and assesses the likelihood, based on their technical merit, that tax positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. The measurement of unrecognized tax positions is adjusted when new information becomes available, or when an event occurs that requires a change. Interest and penalties associated with unrecognized income taxes, if identified, would be classified as additional income taxes in the statements of activities. Management has not identified any uncertain tax positions at september 30, 2018 and 2017. The agency is subject to routine audits by taxing jurisdictions, generally for a period of 3 years, however, there are currently no audits for any periods in progress.

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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04396
IRS990/PayrollTaxesGrp/ProgramServicesAmt079478
IRS990/PayrollTaxesGrp/TotalAmt083874
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013706
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013534
IRS990/PrincipalOfficerNm0MARY ELLEN GATTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1MEDICAID
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01147537
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1358133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01147537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1358133
IRS990/ProgSrvcAccomActy2Grp/Desc0TRANSISTIONAL INTERN AND ASSISTANCE PROGRAMS ASSISTS PEOPLE WITH DISABILITIES TRANSITIONING FROM NURSING HOMES OR OTHER INSTITUTIONALIZED SETTINGS INTO THE COMMUNITY AS WELL AS YOUTH TRANSITIONING FROM SCHOOL LIFE TO ADULTHOOD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272998
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0315293
IRS990/ProgSrvcAccomActy3Grp/Desc0THE PERSONAL CARE ATTENDANT (PCA) PROGRAM IS A PROGRAM THAT IS MANAGED BY THE CONSUMER, AND FUNDED BY MASSHEALTH. THIS PROGRAM ENABLES INDIVIDUALS WITH A PERMANENT OR LONG-TERM DISABILITY TO LIVE INDEPENDENTLY AT HOME WITH THE SERVICES NECESSARY TO REMAIN INDEPENDENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0362649
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0363960
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VOCATIONAL REHABILITATION SERVICES PROVIDE INDIVIDUALS WITH DISABILITIES THE SKILLS AND RESOURCES TO LEAD TO SUCCESSFUL INDEPENDENT EMPLOYMENT. 25 CONSUMERS WERE SERVED.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt017152
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt014724
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02125
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0174
IRS990/PYOtherExpensesAmt0460457
IRS990/PYOtherRevenueAmt02600
IRS990/PYProgramServiceRevenueAmt01647116
IRS990/PYRevenuesLessExpensesAmt0123739
IRS990/PYSalariesCompEmpBnftPaidAmt01067819
IRS990/PYTotalExpensesAmt01528276
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01652015
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02103
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0811693
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0219590
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0227951
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01153774
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01234686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0971638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0786605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0912373
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05059076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0174
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0746
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0358133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0414555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0511635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0415231
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0375176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02074730
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0174
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0143
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0746
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02749
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02600
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05289
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08021
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04315
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022974
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99670
IRS990ScheduleA/PublicSupportPY509Pct00.99630
IRS990ScheduleA/PublicSupportTotal509Amt07133806
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01511907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01649241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01483273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01201836
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01287549
IRS990ScheduleA/Total509Grp/TotalAmt07133806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01514775
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01652015
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01488794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01210000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01291942
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07157526
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt031885
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0207657
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0239542
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01512672
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023962
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010479
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt034441
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120887
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01514775
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AGENCY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). THE AGENCY IS, HOWEVER, SUBJECT TO THE TAX ON UNRELATED BUSINESS INCOME, IF ANY SUCH INCOME EXISTS. IN ADDITION, THE AGENCY 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)(2). THE AGENCY RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS AND ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION BECOMES AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED INCOME TAXES, IF IDENTIFIED, WOULD BE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENTS OF ACTIVITIES. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AT SEPTEMBER 30, 2018 AND 2017. THE AGENCY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, GENERALLY FOR A PERIOD OF 3 YEARS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055847
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029887
IRS990ScheduleD/TotalExpensesPerForm990Amt01512672
IRS990ScheduleD/TotalRevenuePerForm990Amt01514775
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01514775
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01512672
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEES HAVE BEEN FORMED TO ACT WITH AUTHORITY ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS RECEIVES, REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS WHICH SERVE AS THE BASIS FOR THE ACCOUNTANT-PREPARED FORM 990. THE BOARD OF DIRECTORS THEN RECEIVES THE DRAFT FORM 990 VIA EMAIL FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, MANAGEMENT AND STAFF MEMBERS SHALL ANNUALLY DISCLOSE ANY ANTICIPATED OR POSSIBLE INVOLVEMENT THAT THEY OR A MEMBER OF THEIR IMMEDIATE FAMILY MAY HAVE WITH INDIVIDUALS AND ORGANIZATIONS THAT MIGHT PRODUCE A CONFLICT IN THEIR WORK ON BEHALF OF INDEPENDENCE ASSOCIATES, INC. IN ADDITION TO THE ABOVE ANNUAL DISCLOSURE, EACH MEMBER OF THE BOARD OF DIRECTORS, OFFICERS, MANAGEMENT AND STAFF MEMBERS SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT HE OR SHE HAS RECEIVED, READ, UNDERSTANDS AND AGREES TO COMPLY WITH THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS WERE PROVIDED INFORMATION ON THE SALARIES OF OTHER EXECUTIVE DIRECTORS OF CENTERS FOR INDEPENDENT LIVING, THEY REVIEWED THE BUDGET FOR INCREASE FEASIBILITY AND APPROVED INCREASES CONSISTENT WITH ANNUAL EVALUATION OF WORK PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCIAL STATEMENTS, FORM 990, AND STATE CHARITIES FILING (FORM PC) ARE AVAILABLE TO THE PUBLIC ON THE MASSACHUSETTS STATE ATTORNEY GENERAL'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE ON THE MASSACHUSETTS SECRETARY OF STATE'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. SEE SCHEDULE O DISCLOSURE TO FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WERE NOT ANY CHANGES IN THE INDEPENDENT ACCOUNTANT AND THE OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY DURING THE YEAR, AND THEREFORE WAS NOT REQUIRED TO FILE FORM 8899.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF CARS, BOATS, AIRPLANES, AND OTHER VEHICLES DURING THE YEAR, AND THEREFORE, WAS NOT REQUIRED TO FILE FORM 1098-C.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART V, LINE 7G:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART V, LINE 7H:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0552158
IRS990/TotalAssetsEOYAmt0557638
IRS990/TotalAssetsGrp/BOYAmt0552158
IRS990/TotalAssetsGrp/EOYAmt0557638
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06237
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086438
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01426234
IRS990/TotalFunctionalExpensesGrp/TotalAmt01512672
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0163589
IRS990/TotalLiabilitiesEOYAmt0166966
IRS990/TotalLiabilitiesGrp/BOYAmt0163589
IRS990/TotalLiabilitiesGrp/EOYAmt0166966
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0388569
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0390672
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt017152
IRS990/TotalOtherProgSrvcRevenueAmt014724
IRS990/TotalProgramServiceExpensesAmt01426234
IRS990/TotalProgramServiceRevenueAmt01505670
IRS990/TotalReportableCompFromOrgAmt078328
IRS990/TotalRevenueGrp/ExclusionAmt0119

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.31$0.83$2.30$2.32$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.40$0.85$2.16$2.01$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.14$0.70$1.96$1.88$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.14$0.62$1.84$1.71$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.15$0.49$1.86$1.84$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.17$0.46$1.69$1.62$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.17$0.39$1.51$1.51$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.16$0.39$1.65$1.53$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.16$0.26$1.49$1.50$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.16$0.28$1.21$1.23$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.15$0.30$1.29$1.11$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.25$0.12$1.00$0.97$0.03
2012Summary only. Only limited summary data is available for this year.$0.31$0.22$0.09$0.93$0.93$0.00
2011Summary only. Only limited summary data is available for this year.$0.31$0.21$0.10$0.98$0.95$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.22$0.07$0.87