Civic Intelligence

St Michael'S Home Inc

990 • Fiscal year 2020 • EIN 13-1855431

Jan 01, 2020 to Dec 31, 2020 • Filed on May 07, 2021

3 Lehman TerraceYonkers, NY 10705

(914) 476-3374

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.56x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$14,298

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

48th percentile

6.1%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-35%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$22,038,309

Up $1,270,601 (+6.1%) from 2019

Net Assets

Up

$20,217,857

Up $1,302,705 (+6.9%) from 2019

Liabilities

Down

$1,820,452

Down $32,104 (-1.7%) from 2019

Revenue

Down

$3,232,158

Down $1,703,053 (-35%) from 2019

Expenses

Down

$1,929,453

Down $6,847 (-0.4%) from 2019

Net Income

Down

$1,302,705

Down $1,696,206 (-57%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $6,388,494Liabilities 2010: $147,782Net Assets 2010: $6,240,7122010Assets 2011: $6,360,981Liabilities 2011: $138,814Net Assets 2011: $6,222,1672011Assets 2012: $6,644,358Liabilities 2012: $98,910Net Assets 2012: $6,545,4482012Assets 2013: $7,424,941Liabilities 2013: $93,825Net Assets 2013: $7,331,1162013Assets 2014: $10,539,181Liabilities 2014: $2,108,469Net Assets 2014: $8,430,7122014Assets 2015: $10,794,013Liabilities 2015: $2,106,758Net Assets 2015: $8,687,2552015Assets 2016: $11,051,344Liabilities 2016: $2,056,078Net Assets 2016: $8,995,2662016Assets 2017: $16,240,209Liabilities 2017: $3,276,920Net Assets 2017: $12,963,2892017Assets 2018: $17,832,969Liabilities 2018: $1,916,728Net Assets 2018: $15,916,2412018Assets 2019: $20,767,708Liabilities 2019: $1,852,556Net Assets 2019: $18,915,1522019Assets 2020: $22,038,309Liabilities 2020: $1,820,452Net Assets 2020: $20,217,8572020Assets 2021: $25,945,823Liabilities 2021: $2,232,170Net Assets 2021: $23,713,6532021Assets 2022: $33,351,903Liabilities 2022: $3,015,124Net Assets 2022: $30,336,7792022Assets 2023: $47,530,912Liabilities 2023: $4,523,355Net Assets 2023: $43,007,5572023Assets 2024: $49,943,042Liabilities 2024: $4,364,095Net Assets 2024: $45,578,9472024

Highlighted filing

2020

Assets$22,038,309
Liabilities$1,820,452
Net Assets$20,217,857

Operations Trend

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

$15M$10M$5.0M$0Expenses 2010: $2,052,4592010Expenses 2011: $2,227,4432011Expenses 2012: $2,196,0132012Revenue 2013: $2,933,024Expenses 2013: $2,075,070Net Income 2013: $857,9542013Revenue 2014: $3,161,384Expenses 2014: $2,057,582Net Income 2014: $1,103,8022014Revenue 2015: $2,232,012Expenses 2015: $1,975,469Net Income 2015: $256,5432015Revenue 2016: $2,282,451Expenses 2016: $1,974,440Net Income 2016: $308,0112016Revenue 2017: $5,957,801Expenses 2017: $1,989,778Net Income 2017: $3,968,0232017Revenue 2018: $4,886,570Expenses 2018: $1,933,618Net Income 2018: $2,952,9522018Revenue 2019: $4,935,211Expenses 2019: $1,936,300Net Income 2019: $2,998,9112019Revenue 2020: $3,232,158Expenses 2020: $1,929,453Net Income 2020: $1,302,7052020Revenue 2021: $5,517,097Expenses 2021: $2,021,301Net Income 2021: $3,495,7962021Revenue 2022: $8,429,277Expenses 2022: $1,806,151Net Income 2022: $6,623,1262022Revenue 2023: $14,503,103Expenses 2023: $1,832,325Net Income 2023: $12,670,7782023Revenue 2024: $4,451,411Expenses 2024: $1,880,099Net Income 2024: $2,571,3122024

Highlighted filing

2020

Revenue$3,232,158
Expenses$1,929,453
Net Income$1,302,705
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.1
Gross Receipts
$3,232,158
Mission and Program Overview

Mission

To run a religious adult home

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,044,947$8,419,420▲ $374,473
Land, Buildings, and Equipment, Net$4,307,607$4,132,846▼ $174,761
Accounts Receivable$12,684$9,046▼ $3,638
Total Assets$20,767,708$22,038,309▲ $1,270,601
Other Assets Total$8,402,470$9,476,997▲ $1,074,527
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,733,175$1,683,794▼ $49,381
Accounts Payable and Accrued Expenses$119,381$136,658▲ $17,277
Total Liabilities$1,852,556$1,820,452▼ $32,104
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,300,909$11,669,846▲ $1,368,937
Net Assets With Donor Restrictions$8,614,243$8,548,011▼ $66,232
Total Net Assets Fund Balance$18,915,152$20,217,857▲ $1,302,705
Total Liabilities and Net Assets / Fund Balance$20,767,708$22,038,309▲ $1,270,601

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$754,794$4,069,101$4,823,895
Land$3,361,972-$3,361,972
Equipment$16,080$679,676$695,756
Other Assets Org$55,675--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,402,688---$1,402,688
2019$1,402,688---$1,402,688
2018$1,402,688---$1,402,688
2017$1,402,688---$1,402,688
2016$1,402,688---$1,402,688
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Bishop Andonios ParopoulosDirector of HomeFT$14,298$14,298
Revenue and Support

Revenue Composition

Contributions and Grants
$2,165,165
Program Service Revenue
$1,023,486
Investment Income
$62
Other Revenue
$43,445
All Other Contributions
$2,165,165
Change in Net Assets
$1,302,705

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,232,158
Total Revenue per Audited Statements
$3,232,158
Total Revenue per Form 990
$3,232,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,232,688
Other Expenses$696,765
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$735,805$283,442$0$1,019,247
Depreciation Depletion$169,675$18,852$0$188,527
Other Employee Benefits$96,029$36,994$0$133,023
All Other Expenses$63,373$39,008$0$102,381
Payroll Taxes$58,054$22,364$0$80,418
Insurance$67,213$7,468$0$74,681
Occupancy$57,673$10,178$0$67,851
Office Expenses$0$24,287$0$24,287
Fees for Services Accounting$0$20,781$0$20,781
Other Expenses$0$4,927$0$4,927
Fees for Services Legal$0$2,200$0$2,200
Advertising$0$1,932$0$1,932
Total Functional Expenses$1,457,020$472,433$0$1,929,453

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,929,453
Total Expenses per Audited Statements$1,929,453
Total Expenses per Form 990$1,929,453
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$775
Fundraising Direct Expenses$0
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
ST MICHAEL'S HOME INC
EIN
13-1855431
Phone
9144763374
Address
3 LEHMAN TERRACE, YONKERS, NY 10705

Signing Officer

Name
Bishop Andonios Paropoulos
Title
Director
Phone
9144763374
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bishop Andonios Parapoulos
Formed
1985
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
30
Volunteers
0

Preparer

Firm
Abbate Demarinis Llp
Address
3200 Sunrise Hwy, Wantagh, NY 11793
Preparer
Anthony Abbate
Phone
5167456600
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 will be reviewed by the Home's Director upon completion and is also distributed to the Board Members via email for feedback.

Pt VI, Line 15A

Other officers or key employees compensation is discussed and decided by the Board of Trustees following recommendation from the Personnel Committee each year.

Pt VI, Line 15B

The Directors compensaton was and is discussed and decided by the Board of Trustees each year.

Pt VI, Line 12C

Annually each Board member must complete a form or confirm that nothing has changed from the previous year. Also each Board Member is asked at the first meeting of the year regarding any possible conflicts.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director of Home
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Member
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IRS990/FormationYr01985
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IRS990/FundraisingGrossIncomeAmt0775
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03232158
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt07468
IRS990/InsuranceGrp/ProgramServicesAmt067213
IRS990/InsuranceGrp/TotalAmt074681
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04748777
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04307607
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04132846
IRS990/LandBldgEquipCostOrOtherBssAmt08881623
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RUN A RELIGIOUS ADULT HOME
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01733175
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01683794
IRS990/NetAssetsOrFundBalancesBOYAmt018915152
IRS990/NetAssetsOrFundBalancesEOYAmt020217857
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0775
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt0775
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010300909
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011669846
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010178
IRS990/OccupancyGrp/ProgramServicesAmt057673
IRS990/OccupancyGrp/TotalAmt067851
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024287
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt024287
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08402470
IRS990/OtherAssetsTotalGrp/EOYAmt09476997
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036994
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt096029
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133023
IRS990/OtherExpensesGrp/Desc0FOOD PRODUCTS
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2RESIDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
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IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/ProgramServicesAmt113723
IRS990/OtherExpensesGrp/ProgramServicesAmt23235
IRS990/OtherExpensesGrp/ProgramServicesAmt30
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IRS990/OtherExpensesGrp/TotalAmt113723
IRS990/OtherExpensesGrp/TotalAmt23235
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/Desc0CHAPEL INCOME
IRS990/OtherRevenueMiscGrp/Desc1CHANGE IN BENEFICIAL INTEREST IN SPLIT INTEREST AGREEMENTS
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0735805
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IRS990/PayrollTaxesGrp/ProgramServicesAmt058054
IRS990/PayrollTaxesGrp/TotalAmt080418
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BISHOP ANDONIOS PARAPOULOS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT FEE INCOME
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03573166
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06812
IRS990/PYOtherExpensesAmt0712267
IRS990/PYOtherRevenueAmt0191765
IRS990/PYProgramServiceRevenueAmt01163468
IRS990/PYRevenuesLessExpensesAmt02998911
IRS990/PYSalariesCompEmpBnftPaidAmt01224033
IRS990/PYTotalExpensesAmt01936300
IRS990/PYTotalRevenueAmt04935211
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01302705
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03232158
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0754794
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04069101
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04823895
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01402688
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01402688
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01402688

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.9$4.36$45.6$4.45$1.88$2.57
2023Detailed filing. Detailed filing data is available for this year.$47.5$4.52$43.0$14.5$1.83$12.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.4$3.02$30.3$8.43$1.81$6.62
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$2.23$23.7$5.52$2.02$3.50
2020Detailed filing. Detailed filing data is available for this year.$22.0$1.82$20.2$3.23$1.93$1.30
2019Detailed filing. Detailed filing data is available for this year.$20.8$1.85$18.9$4.94$1.94$3.00
2018Detailed filing. Detailed filing data is available for this year.$17.8$1.92$15.9$4.89$1.93$2.95
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$3.28$13.0$5.96$1.99$3.97
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$11.1$2.06$9.00$2.28$1.97$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$2.11$8.69$2.23$1.98$0.26
2014Detailed filing. Detailed filing data is available for this year.$10.5$2.11$8.43$3.16$2.06$1.10
2013Detailed filing. Detailed filing data is available for this year.$7.42$0.09$7.33$2.93$2.08$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.10$6.55$2.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$0.14$6.22$2.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.39$0.15$6.24$2.05