Civic Intelligence

Skills Unlimited Inc

990 • Fiscal year 2015 • EIN 11-1759110

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 17, 2016

191 bethpage-sweet hollow roadOLD bethpage, NY 11804

(516) 870-1600

Siviq Scores

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

Liabilities / Assets

98th percentile

2.19x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.80x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

46th percentile

-0.1%

Faster asset growth than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-2.2%

Faster revenue growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,095,499

Down $1,511 (-0.1%) from 2014

Net Assets

Down

-$1,308,117

Down $354,895 (-37%) from 2014

Liabilities

Up

$2,403,616

Up $353,384 (+17%) from 2014

Revenue

Down

$3,009,108

Down $66,812 (-2.2%) from 2014

Expenses

Down

$2,915,774

Down $429,202 (-13%) from 2014

Net Income

Up

$93,334

Up $362,390 (+135%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $1,683,507Liabilities 2010: $1,550,850Net Assets 2010: $132,6572010Assets 2011: $1,487,448Liabilities 2011: $1,456,741Net Assets 2011: $30,7072011Assets 2012: $968,257Liabilities 2012: $1,155,258Net Assets 2012: -$187,0012012Assets 2013: $570,257Liabilities 2013: $1,254,423Net Assets 2013: -$684,1662013Assets 2014: $1,097,010Liabilities 2014: $2,050,232Net Assets 2014: -$953,2222014Assets 2015: $1,095,499Liabilities 2015: $2,403,616Net Assets 2015: -$1,308,1172015Assets 2016: $1,179,596Liabilities 2016: $2,329,728Net Assets 2016: -$1,150,1322016Assets 2017: $1,135,870Liabilities 2017: $2,752,016Net Assets 2017: -$1,616,1462017Assets 2018: $1,939,091Liabilities 2018: $3,635,615Net Assets 2018: -$1,696,5242018Assets 2019: $1,827,123Liabilities 2019: $3,583,632Net Assets 2019: -$1,756,5092019Assets 2020: $1,961,672Liabilities 2020: $3,490,102Net Assets 2020: -$1,528,4302020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$1,095,499
Liabilities$2,403,616
Net Assets-$1,308,117

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,559,2642010Expenses 2011: $3,641,7902011Revenue 2012: $3,449,173Expenses 2012: $3,672,185Net Income 2012: -$223,0122012Revenue 2013: $3,164,646Expenses 2013: $3,661,811Net Income 2013: -$497,1652013Revenue 2014: $3,075,920Expenses 2014: $3,344,976Net Income 2014: -$269,0562014Revenue 2015: $3,009,108Expenses 2015: $2,915,774Net Income 2015: $93,3342015Revenue 2016: $3,323,356Expenses 2016: $3,165,371Net Income 2016: $157,9852016Revenue 2017: $3,145,446Expenses 2017: $3,352,615Net Income 2017: -$207,1692017Revenue 2018: $3,272,850Expenses 2018: $3,353,228Net Income 2018: -$80,3782018Revenue 2019: $3,256,948Expenses 2019: $3,316,933Net Income 2019: -$59,9852019Revenue 2020: $2,944,095Expenses 2020: $2,716,016Net Income 2020: $228,0792020Revenue 2021: $583,587Expenses 2021: $601,564Net Income 2021: -$17,9772021

Highlighted filing

2015

Revenue$3,009,108
Expenses$2,915,774
Net Income$93,334
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 17, 2016
Return Version
2015v2.1
Gross Receipts
$3,009,108
Mission and Program Overview

Mission

Skills unlimited, inc. (the organization") is a not-for-profit corporation established in 1954. The primary purpose is to provide vocational training, job placement, supported employement, article 31 clinic and social adjustment services to disabled clients in training.

Skills unlimited (the "organization") provides comprehensive vocational rehabilitation & mental health, services to persons with emotional and psychiatric disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$486,990$688,346▲ $201,356
Cash and Non-Interest-Bearing Accounts$407,133$0▼ $407,133
Land, Buildings, and Equipment, Net$132,230$253,483▲ $121,253
Savings and Temporary Cash Investments$163$84,129▲ $83,966
Prepaid Expenses and Deferred Charges$70,494$52,279▼ $18,215
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,097,010$1,095,499▼ $1,511
Other Assets Total$0$17,262▲ $17,262
Liabilities
Other Liabilities$698,039$1,415,075▲ $717,036
Mortgage Notes Payable Secured by Investment Property$500,000$478,125▼ $21,875
Unsecured Notes Loans Payable$225,000$225,000→ $0
Accounts Payable and Accrued Expenses$627,193$174,737▼ $452,456
Deferred Revenue$0$110,679▲ $110,679
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,050,232$2,403,616▲ $353,384
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-953,222$-1,308,117▼ $354,895
Total Net Assets Fund Balance$-953,222$-1,308,117▼ $354,895
Total Liabilities and Net Assets / Fund Balance$1,097,010$1,095,499▼ $1,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$196,209$74,504$270,713
Other Land Buildings$47,432$106,963$154,395
Land$9,240-$9,240
Leasehold Improvements$602$2,681$3,283
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan MoranChairperson
Chris LongPresident of Free
Lisa RiveraVice Chairperson
Barbara HalpernBoard Member
Diane WalkerBoard Member
Flo MarshakBoard Member
Paul LowryBoard Member
Robert S BuddCEO of Free
Susan DickinsonCFO of Free
John Herchenroder EsqChief Legal Counsel OF FREE
Janet JoensSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Free INCConsulting191 BETHPAGE-SWEET HOLLOW ROAD, Old Bethpage, NY 11804$286,374
Revenue and Support

Revenue Composition

Contributions and Grants
$23,574
Program Service Revenue
$2,962,036
Investment Income
$133
Other Revenue
$23,365
Change in Net Assets
$93,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,009,108
Total Revenue per Audited Statements
$3,009,108
Total Revenue per Form 990
$3,009,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,584,256
Other Expenses$1,331,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,245,630$7,371-$1,253,001
Other Employee Benefits$191,490$280-$191,770
Travel$166,782--$166,782
Fees for Services Management-$152,931-$152,931
Payroll Taxes$139,281$204-$139,485
Occupancy$135,409--$135,409
Office Expenses$99,695$3,873-$103,568
Information Technology$79,229$863-$80,092
Insurance$57,950$4,213-$62,163
Other Expenses$55,203$36,642-$36,642
Interest$33,917$275-$34,192
Fees for Services Other$31,392--$31,392
Depreciation Depletion$27,985--$27,985
Fees for Services Accounting-$21,017-$21,017
All Other Expenses$13,615$6,010-$19,625
Total Functional Expenses$2,675,124$240,650$0$2,915,774

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,364,003
Expenses per Audited Statements$2,915,774
Total Expenses per Form 990$2,915,774
Expenses Not Reported on Form 990$448,229
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Government Agencies$936,223
Due to Network Partners$429,341
Line of Credit Payable$49,511
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI - Section B - Question 12C

All officers and directors are required to sign the conflict of interest statement on an annual basis and all parties are required to disclose any changes in conflict of interest throughout the year. This document is reviewed by the organization's chief compliance officer for all conflicts and completeness. All known conflicts are disclosed to the ceo and the governing body as required.

Part VI - Section B - Question 15A

The organization uses an outside independent accounting consulting firm with expertise in the not-for-profit industry to perform a compensation analysis for the ceo and other corporate officers. The compensation analysis include the following: compensation surveys based upon the compensation and fringe benefits reported on the 990 tax returns for comparable agencies in the industry. The results of this compensation analysis are presented to the compensation committee of the board of directors, who reviews the analysis to determine appropriate compensation levels and ensure compliance with the due diligence guidelines as outlined in irc 4958. The basis for its determination and all decisions made are contemporaneously documented in meeting minutes and board resolutions.

Part VI - Section C - Question 19

The organization makes their financial statements, governing documents and conflict of interest available as requested by outside agencies and the general public.

Filing and Contact Details

Filer

Filer Name
Skills Unlimited Inc
EIN
11-1759110
In Care Of
% SUSAN DICKINSON
Phone
5168701600
Address
191 bethpage-sweet hollow road, OLD bethpage, NY 11804

Signing Officer

Name
Susan Moran
Title
chairperson
Phone
5168701627
Signed
2016-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Budd
Formed
1954
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
239
Volunteers
0

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY L
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004-1405
Preparer
JAMES J REILLY partner
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

SKILLS UNLIMITED, INC. (THE "ORGANIZATION") IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1954. THE PRIMARY PURPOSE IS TO PROVIDE VOCATIONAL TRAINING, JOB PLACEMENT, SUPPORTED EMPLOYMENT, ARTICLE 31 CLINIC AND SOCIAL ADJUSTMENT SERVICES TO DISABLED CLIENTS IN TRAINING. PART III - LINE 4A Skills Unlimited provides various work programs including vocational training courses, placement services, on the job assessment, and supported employment. Vocational training courses with the goal of competitive placement are a highlighted feature. Comprehensive curriculums that reflect the needs of today's employers are tailored to meet the needs of each of our trainees. Placement Services include individual and group job placement training sessions focusing on a variety of job related and job seeking skills. On-The-Job Assessment includes follows up on all job placements to aid with the transition to competitive employment and to ensure a successful placement. Supported Employment offers a wide variety of employment related supports to participants seeking placement at a community based employment site. PART III - LINE 4B PROS is a personalized recovery oriented psychiatric rehabilitation program for adults over the age of 18. Licensed by the New York State Office of Mental Health, the program is supported by Medicaid and offers a variety of services designed to promote recovery from mental illness. Skills Unlimited offers recovery-oriented classes in which participants receive instruction and support while learning about psychiatric symptoms, medications, and the mental health delivery system in general. All participants are assigned counselors who assist them in developing individualized recovery plans. People who attend the PROS set personal goals in the general areas of working, housing, health, education, and social skills development. PART III - LINE 4C Skills Unlimited is licensed by the New York State Office of Mental Health to operate an outpatient clinic to diagnose and provide treatment services for persons with psychiatric disabilities and mental illness. Services offered at the clinic include Initial Screening Service, Psychiatric Evaluation, Medication Therapy, Verbal Therapy, Group Therapy, Social Work Services and psychological evaluations assessments and therapy. PART III - LINE 4D The Skills Unlimited Day Habilitation program is a unique and highly individualized method of providing life skills to individuals with developmental disabilities. Active involvement and immersion in community activities is central to this program. The program focuses on enabling each individual to attain his or her maximum potential. PART VI - SECTION A. - QUESTION 3 To support its activities, the Organization entered into an administrative services agreement with Family Residences & Essential Enterprises, Inc. ("free") A non-profit corporation whose primary purpose is to support persons in need of physical, mental, emotional and social services. The agreement commenced February 1, 2014 for a one year period, which automatically renews for successive one year periods unless cancelled in writing by either party at least sixty days prior to the anniversary date of the agreement. Under the terms set forth in the agreement, FREE provides the organization with professional and technical assistance it needs to accomplish its mission. These services include executive consulting, financial management, human resources, information technology, accounting and legal services, compliance and similar services. PART VI - SECTION B - QUESTION 11B THE ORGANIZATION'S MANAGEMENT PREPARES THE INFORMATION NECESSARY TO COMPLETE THE FORM 990 AND THE OUTSIDE AUDITORS PREPARE THE FORM 990. THE BOARD IS PROVIDED A COPY OF THE DRAFT FORM 990 BY EMAIL AND HAS THE OPPORTUNITY TO DISCUSS ANY QUESTIONS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.

Part XI - Line 9

Government agencies adjustment: -448,229.

Financial Statement Notes

part XII - line 2D

Government agencies adjustment: 448,229.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO OF FREE
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO OF FREE
IRS990/Form990PartVIISectionAGrp/TitleTxt9Chief Legal Counsel OF FREE
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT OF FREE
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