Civic Intelligence

Western Connecticut Area Agency on Aging Inc.

990 • Fiscal year 2016 • EIN 06-1182488

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 09, 2017

84 Progress LaneWaterbury, CT 06705

(203) 757-5449

Siviq Scores

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

Liabilities / Assets

79th percentile

0.60x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.16x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

48th percentile

1.5%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$93,424

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

12th percentile

-8.2%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-1.7%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,054,338

Down $182,296 (-8.2%) from 2015

Net Assets

Up

$826,318

Up $103,266 (+14%) from 2015

Liabilities

Down

$1,228,020

Down $285,562 (-19%) from 2015

Revenue

Down

$7,525,063

Down $133,849 (-1.7%) from 2015

Expenses

Down

$7,412,663

Down $79,931 (-1.1%) from 2015

Net Income

Down

$112,400

Down $53,918 (-32%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,795,478Liabilities 2011: $1,306,618Net Assets 2011: $488,8602011Assets 2012: $1,974,762Liabilities 2012: $1,485,575Net Assets 2012: $489,1872012Assets 2013: $1,951,610Liabilities 2013: $1,590,533Net Assets 2013: $361,0772013Assets 2014: $2,445,603Liabilities 2014: $1,888,869Net Assets 2014: $556,7342014Assets 2015: $2,236,634Liabilities 2015: $1,513,582Net Assets 2015: $723,0522015Assets 2016: $2,054,338Liabilities 2016: $1,228,020Net Assets 2016: $826,3182016Assets 2017: $2,289,437Liabilities 2017: $1,369,146Net Assets 2017: $920,2912017Assets 2018: $2,269,961Liabilities 2018: $1,431,688Net Assets 2018: $838,2732018Assets 2019: $2,137,077Liabilities 2019: $1,460,658Net Assets 2019: $676,4192019Assets 2020: $3,504,353Liabilities 2020: $2,606,050Net Assets 2020: $898,3032020Assets 2021: $3,714,113Liabilities 2021: $1,929,899Net Assets 2021: $1,784,2142021Assets 2022: $4,061,943Liabilities 2022: $2,009,384Net Assets 2022: $2,052,5592022Assets 2023: $5,164,106Liabilities 2023: $2,654,106Net Assets 2023: $2,510,0002023Assets 2024: $5,808,931Liabilities 2024: $2,905,445Net Assets 2024: $2,903,4862024

Highlighted filing

2016

Assets$2,054,338
Liabilities$1,228,020
Net Assets$826,318

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,479,831Expenses 2011: $5,485,357Net Income 2011: -$5,5262011Expenses 2012: $5,726,2472012Revenue 2013: $5,779,212Expenses 2013: $5,907,322Net Income 2013: -$128,1102013Revenue 2014: $7,265,344Expenses 2014: $7,069,687Net Income 2014: $195,6572014Revenue 2015: $7,658,912Expenses 2015: $7,492,594Net Income 2015: $166,3182015Revenue 2016: $7,525,063Expenses 2016: $7,412,663Net Income 2016: $112,4002016Revenue 2017: $7,184,915Expenses 2017: $7,132,561Net Income 2017: $52,3542017Revenue 2018: $7,422,891Expenses 2018: $7,564,754Net Income 2018: -$141,8632018Revenue 2019: $7,334,704Expenses 2019: $7,473,545Net Income 2019: -$138,8412019Revenue 2020: $9,544,382Expenses 2020: $9,339,369Net Income 2020: $205,0132020Revenue 2021: $8,361,310Expenses 2021: $7,529,567Net Income 2021: $831,7432021Revenue 2022: $9,011,708Expenses 2022: $8,758,339Net Income 2022: $253,3692022Revenue 2023: $9,425,256Expenses 2023: $8,986,460Net Income 2023: $438,7962023Revenue 2024: $10,290,107Expenses 2024: $9,953,793Net Income 2024: $336,3142024

Highlighted filing

2016

Revenue$7,525,063
Expenses$7,412,663
Net Income$112,400
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 9, 2017
Return Version
2015v3.0
Gross Receipts
$7,525,063
Mission and Program Overview

Mission

The western connecticut area agency on aging, inc. (wcaaa) develops, manages and provides comprehensive services for seniors, caregivers and individuals with disabilities in order to maintain their independence and quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,051,939-
Pledges and Grants Receivable$1,125,841$449,906▼ $675,935
Cash and Non-Interest-Bearing Accounts$943,572$366,808▼ $576,764
Investments in Publicly Traded Securities$90,584$81,452▼ $9,132
Accounts Receivable-$80,752-
Prepaid Expenses and Deferred Charges$26,596$15,731▼ $10,865
Total Assets$2,236,634$2,054,338▼ $182,296
Other Assets Total$50,041$7,750▼ $42,291
Liabilities
Deferred Revenue$724,084$591,545▼ $132,539
Grants Payable$431,199$328,701▼ $102,498
Other Liabilities$126,715$158,425▲ $31,710
Accounts Payable and Accrued Expenses$231,584$149,349▼ $82,235
Total Liabilities$1,513,582$1,228,020▼ $285,562
Net Assets / Fund Balance
Unrestricted Net Assets$723,052$826,318▲ $103,266
Total Net Assets Fund Balance$723,052$826,318▲ $103,266
Total Liabilities and Net Assets / Fund Balance$2,236,634$2,054,338▼ $182,296
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christina FishbeinExecutive DiFT$86,505$6,919$93,424
Rebecca DoyleFinance DireFT$75,188$5,010$80,198

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$7,093,942
Program Service Revenue
$413,677
Investment Income
$3,063
Other Revenue
$14,381
All Other Contributions
$167,532
Change in Net Assets
$112,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,525,063
Revenue Not Reported on Form 990
$6,261
Total Revenue per Audited Statements
$7,531,324
Total Revenue per Form 990
$7,525,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,184,598
Grants and Similar Amounts Paid$2,835,350
Other Expenses$1,392,715
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,835,350--$2,835,350
Other Salaries and Wages$2,369,063$159,604-$2,528,667
Fees for Services Other$896,618$7,350-$903,968
Occupancy$248,850$13,621-$262,471
Payroll Taxes$213,316$13,642-$226,958
Other Employee Benefits$181,011$11,576-$192,587
Current Officers, Directors, Trustees, and Key Employees$133,227$31,251-$164,478
Pension Plan Contributions$67,586$4,322-$71,908
Office Expenses$54,776$5,111-$59,887
Travel$39,746$2,801-$42,547
Insurance$21,090$3,304-$24,394
Conferences and Meetings$13,228$1,425-$14,653
Other Expenses$3,953$2,144-$6,097
All Other Expenses$50$641-$691
Total Functional Expenses$7,150,268$262,395$0$7,412,663

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,428,058
Expenses per Audited Statements$7,412,663
Total Expenses per Form 990$7,412,663
Expenses Not Reported on Form 990$15,395
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Opportunities-senior NutritionWaterbury, CTGovElderly Nutrition$990,662
Torrington - Elderly NutritionTorrington, CT501c3Elderly Nutrition$682,658
Cw Resources IncNew Britain, CT-Elderly Nutrition$482,298
The Chore ServiceLakeville, CTGovIn-home Services$71,636
Helping Hands Chore ServicesWinsted, CT501c3In-home Services$43,589
Lithcfield Hills Chore ServicesLitchfield, CT501c3In-home Services$42,238
Connecticut Legal ServicesMiddletown, CT501c3Legal Serv$40,539
Northwest Rural TransitTorrington, CT501c3Senior Transport$39,904
City of Torrington Chore ServicesTorrington, CT501c3In-home Services$37,599
Torrington TransportationTorrington, CT501c3Senior Transport$31,031
Waterbury Senior ShuttleWaterbury, CT501c3Senior Transport$29,475
New Opportunities-chore ServicesWaterbury, CT501c3In-home Services$27,373
Nunnawauk MeadowsNewtown, CT501c3Elderly Nutrition$25,000
Naugatuck YmcaNaugatuck, CT501c3Health Promotion$22,299
Connecticut Legal ServicesMiddletown, CT501c3Grandparents/child$19,285
Hispanic CoalitionWaterbury, CTGovSenior Center$19,000
Family Intervention CenterWaterbury, CT501c3Health/mental Health$18,388
Naugatuck YmcaNaugatuck, CT501c3Grandparents/child$12,968
Geer Adult Day CareCanaan, CT501c3Adult Day Care$11,950
Almost Home Day Care LLCDanbury, CT501c3Adult Day Care$10,550
Independence NorthwestNaugatuck, CT501c3Outreach$10,000
New Opportunities-money MgntWaterbury, CT501c3In-home Services$10,000
Naugatauk Senior TransportationNaugatuck, CT501c3Senior Transport$9,272
Harwinton Senior CenterHarwinton, CT501c3Senior Center$9,000
New Opportunities-fuelWaterbury, CT501c3Fuel Assistance$8,611
CacdDanbury, CT501c3Fuel Assistance$7,838
Waterbury YmcaWaterbury, CT501c3Health Promotion$6,103
New Opportunities-senior CompanionWaterbury, CT501c3Senior Transport$6,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to State of Ct$158,425
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Potential new members submit their resume and are interviewed at a board meeting. After the interview, the full board would vote on their approval of the new member.

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

The form 990 is made available to all board members subsequent to review and approval by the executive committee.

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

Board members and staff annually disclose and promptly update any disclosures previously made to the executive director on an annual conflict disclosure form that requests them to identity their interest that could give rise to a conflict of interest.

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

The compensation arrangement must be approved in advance by the board of directors composed entirely of members who do not have a conflict of interest with respect to the compensation arrangement. The board of directors must document how it reached its decision, including the data on which it relied. Concurrent documentation must note the terms of compensation and the date it was approved by the members of the board of directors who were present during the discussion on compensation and those who voted on it.

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

The compensation arrangement must be approved in advance by the board of directors composed entirely of members who do not have a conflict of interest with respect to the compensation arrangement. The board of directors must document how it reached its decision, including the data on which it relied. Concurrent documentation must note the terms of compensation and the date it was approved by the members of the board of directors who were present during the discussion on compensation and those who voted on it.

Form 990, Page 6, Part VI, Line 19

The organization makes it governing documents, conflicts of interest policy, and financial statements including annual audit report and form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Western Connecticut Area Agency on
EIN
06-1182488
Phone
2037575449
Address
84 PROGRESS LANE, WATERBURY, CT 06705

Signing Officer

Name
Christina Fishbein
Title
Executive Director
Phone
2037575449
Signed
2017-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Fishbein
Formed
1986
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
83
Volunteers
75

Preparer

Firm
Guilmartin Dipiro & Sokolowski LLC
Address
505 MAIN ST, MIDDLETOWN, CT 06457-2809
Preparer
Christopher B Conley
Phone
8603475689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The western connecticut area agency on aging, inc. (wcaaa) develops, manages and provides comprehensive services for seniors, caregivers and individuals with disabilities in order to maintain their independence and quality of life.

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

Other programs consisting of health promotion under title iii-d. Choices for seniors which provides unbiased information and counseling on medicare, medigap, medicare managed care, medicaid, medicare savings program, long- term care insurance and other related state and federal programs. The ct home care program for elders helps elderly persons remain safely in their home with the proper supports and services in place rather than in a nursing home. The alzheimers program provides grants to organizations providing services to individuals with alzheimers.

Form 990, Part IX, Line 11G

896,618 7,350 0

Financial Statement Notes

Schedule D, Page 3, Part X

Wcaaa has received exemption from federal income tax under section 501(c) (3) of the internal revenue code. Wcaaa has implemented the accounting guidance for uncertainty in income taxes using certain provisions of accounting standards codification (asc) 740, income taxes. Using this guidance, tax positions need to be recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by the tax authorities. As of september 30, 2016 wcaaa has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements and believes that it has appropriate support for income tax positions taken in its tax returns. Wcaaa's informational returns for a period of three years remain open to inspection by the internal revenue service.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE DIRE
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
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IRS990/MissionDesc0THE WESTERN CONNECTICUT AREA AGENCY ON AGING, INC. (WCAAA) DEVELOPS, MANAGES AND PROVIDES COMPREHENSIVE SERVICES FOR SENIORS, CAREGIVERS AND INDIVIDUALS WITH DISABILITIES IN ORDER TO MAINTAIN THEIR INDEPENDENCE AND QUALITY OF LIFE.
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IRS990/PrincipalOfficerNm0CHRISTINA FISHBEIN
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0CONGREGATE HOUSING SERVICES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1134341
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1134341
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2103318
IRS990/ProgSrvcAccomActy2Grp/Desc0THE WCAAA PROVIDES FUNDING FOR NUMEROUS SOCIAL SERVICE PROGRAMS FOR SENIORS WHICH INCLUDE CHORE SERVICES, TRANSPORTATION SERVICES, LEGAL SERVICES, HEALTH AND FITNESS SERVICES, ADULT DAY CARE SERVICES, SENIOR CENTER SERVICES, FUEL ASSISTANCE SERVICES, HOMELESS SHELTER SERVICES AND OTHER SOCIAL SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01805070
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0535943
IRS990/ProgSrvcAccomActy3Grp/Desc0THE WCAAA PROVIDES HOUSING SERVICES PROGRAMS THROUGH ITS RESIDENT SERVICES COORDINATOR PROGRAM AND ITS CONGREGATE HOUSING SERVICES PROGRAMS. THESE PROGRAMS PROVIDE NEEDS ASSESSMENTS AND CARE PLANS FOR SENIORS AT THE VARIOUS SITES AND INITIATE CONTACT WITH SERVICE PROVIDERS ON BEHALF OF RESIDENTS TO SERVICE THEIR NEEDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0702223
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0310359
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS CONSISTING OF HEALTH PROMOTION UNDER TITLE III-D. CHOICES FOR SENIORS WHICH PROVIDES UNBIASED INFORMATION AND COUNSELING ON MEDICARE, MEDIGAP, MEDICARE MANAGED CARE, MEDICAID, MEDICARE SAVINGS PROGRAM, LONG- TERM CARE INSURANCE AND OTHER RELATED STATE AND FEDERAL PROGRAMS. THE CT HOME CARE PROGRAM FOR ELDERS HELPS ELDERLY PERSONS REMAIN SAFELY IN THEIR HOME WITH THE PROPER SUPPORTS AND SERVICES IN PLACE RATHER THAN IN A NURSING HOME. THE ALZHEIMERS PROGRAM PROVIDES GRANTS TO ORGANIZATIONS PROVIDING SERVICES TO INDIVIDUALS WITH ALZHEIMERS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02301360
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IRS990/ReconcilationRevenueExpnssAmt0112400
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 99,368
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WCAAA HAS RECEIVED EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. WCAAA HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING CERTAIN PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF SEPTEMBER 30, 2016 WCAAA HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS. WCAAA'S INFORMATIONAL RETURNS FOR A PERIOD OF THREE YEARS REMAIN OPEN TO INSPECTION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$2.91$2.90$10.3$9.95$0.34
2023Detailed filing. Detailed filing data is available for this year.$5.16$2.65$2.51$9.43$8.99$0.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$2.01$2.05$9.01$8.76$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$1.93$1.78$8.36$7.53$0.83
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$2.61$0.90$9.54$9.34$0.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$1.46$0.68$7.33$7.47$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$1.43$0.84$7.42$7.56$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$1.37$0.92$7.18$7.13$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.05$1.23$0.83$7.53$7.41$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$1.51$0.72$7.66$7.49$0.17
2014Detailed filing. Detailed filing data is available for this year.$2.45$1.89$0.56$7.27$7.07$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.59$0.36$5.78$5.91$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$1.49$0.49$5.73
2011Summary only. Only limited summary data is available for this year.$1.80$1.31$0.49$5.48$5.49$0.01