Civic Intelligence

Faatz-Crofut Home for the Elderly Inc

EIN 15-0533560 • 501(c)3 • Auburn, NY

Profile

To assess and meet the ongoing needs of the residents in a professional, courteous and efficient manner while mainaining a high quality of care in a safe and secure environment.

46 Grant AvenueAuburn, NY 13021

thehomeauburn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.09x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

61st percentile

10%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$12,870,672

Up $313,857 (+2.5%) from 2023

Liabilities

Up

$184,213

Up $43,316 (+31%) from 2023

Net Assets

Up

$12,686,459

Up $270,541 (+2.2%) from 2023

Revenue

Up

$2,039,434

Up $320,360 (+19%) from 2023

Expenses

Up

$1,834,508

Up $72,866 (+4.1%) from 2023

Net Income

Up

$204,926

Up $247,494 (+581%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $7,871,352Liabilities 2010: $103,046Net Assets 2010: $7,768,3062010Assets 2011: $7,867,004Liabilities 2011: $105,574Net Assets 2011: $7,761,4302011Assets 2012: $8,160,578Liabilities 2012: $98,368Net Assets 2012: $8,062,2102012Assets 2013: $8,953,005Liabilities 2013: $83,687Net Assets 2013: $8,869,3182013Assets 2014: $9,232,086Liabilities 2014: $98,040Net Assets 2014: $9,134,0462014Assets 2015: $9,105,426Liabilities 2015: $103,821Net Assets 2015: $9,001,6052015Assets 2016: $9,693,546Liabilities 2016: $103,110Net Assets 2016: $9,590,4362016Assets 2017: $10,319,511Liabilities 2017: $75,605Net Assets 2017: $10,243,9062017Assets 2018: $10,629,129Liabilities 2018: $84,337Net Assets 2018: $10,544,7922018Assets 2019: $12,044,673Liabilities 2019: $93,175Net Assets 2019: $11,951,4982019Assets 2020: $12,471,634Liabilities 2020: $114,061Net Assets 2020: $12,357,5732020Assets 2021: $13,646,638Liabilities 2021: $137,118Net Assets 2021: $13,509,5202021Assets 2022: $12,459,917Liabilities 2022: $118,837Net Assets 2022: $12,341,0802022Assets 2023: $12,556,815Liabilities 2023: $140,897Net Assets 2023: $12,415,9182023Assets 2024: $12,870,672Liabilities 2024: $184,213Net Assets 2024: $12,686,4592024

Highlighted filing

2024

Assets$12,870,672
Liabilities$184,213
Net Assets$12,686,459

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,186,1192010Expenses 2011: $1,206,2502011Expenses 2012: $1,222,6132012Revenue 2013: $1,146,901Expenses 2013: $1,190,033Net Income 2013: -$43,1322013Revenue 2014: $1,200,239Expenses 2014: $1,237,934Net Income 2014: -$37,6952014Revenue 2015: $1,337,136Expenses 2015: $1,289,330Net Income 2015: $47,8062015Revenue 2016: $1,323,241Expenses 2016: $1,366,972Net Income 2016: -$43,7312016Revenue 2017: $1,280,399Expenses 2017: $1,295,773Net Income 2017: -$15,3742017Revenue 2018: $1,502,261Expenses 2018: $1,383,897Net Income 2018: $118,3642018Revenue 2019: $1,560,035Expenses 2019: $1,430,269Net Income 2019: $129,7662019Revenue 2020: $2,035,667Expenses 2020: $1,534,048Net Income 2020: $501,6192020Revenue 2021: $1,762,466Expenses 2021: $1,584,811Net Income 2021: $177,6552021Revenue 2022: $1,604,593Expenses 2022: $1,640,351Net Income 2022: -$35,7582022Revenue 2023: $1,719,074Expenses 2023: $1,761,642Net Income 2023: -$42,5682023Revenue 2024: $2,039,434Expenses 2024: $1,834,508Net Income 2024: $204,9262024

Highlighted filing

2024

Revenue$2,039,434
Expenses$1,834,508
Net Income$204,926

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.18$12.7$2.04$1.83$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$0.14$12.4$1.72$1.76$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.12$12.3$1.60$1.64$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$0.14$13.5$1.76$1.58$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$0.11$12.4$2.04$1.53$0.50
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.09$12.0$1.56$1.43$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.08$10.5$1.50$1.38$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.08$10.2$1.28$1.30$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.69$0.10$9.59$1.32$1.37$0.04
2015Detailed filing. Detailed filing data is available for this year.$9.11$0.10$9.00$1.34$1.29$0.05
2014Detailed filing. Detailed filing data is available for this year.$9.23$0.10$9.13$1.20$1.24$0.04
2013Detailed filing. Detailed filing data is available for this year.$8.95$0.08$8.87$1.15$1.19$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$0.10$8.06$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.87$0.11$7.76$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.87$0.10$7.77$1.19
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 13, 2023
Return Version
2022v5.0
Gross Receipts
$2,216,927
Mission and Program Overview

Mission

To assess and meet the ongoing needs of the residents in a professional, courteous and efficient manner while maintaining a high quality of care in a safe and secure environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,210,196$9,346,112▼ $864,084
Land, Buildings, and Equipment, Net$1,438,787$1,394,041▼ $44,746
Cash and Non-Interest-Bearing Accounts$114,927$191,073▲ $76,146
Pledges and Grants Receivable$33,264$0▼ $33,264
Savings and Temporary Cash Investments$15,636$15,636→ $0
Accounts Receivable-$7,455-
Prepaid Expenses and Deferred Charges$9,208$7,145▼ $2,063
Inventories for Sale or Use$4,744$4,744→ $0
Total Assets$13,646,638$12,459,917▼ $1,186,721
Other Assets Total$1,819,876$1,493,711▼ $326,165
Liabilities
Accounts Payable and Accrued Expenses$101,083$88,987▼ $12,096
Escrow Account Liability$36,035$29,850▼ $6,185
Total Liabilities$137,118$118,837▼ $18,281
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,628,028$10,818,932▼ $809,096
Net Assets With Donor Restrictions$1,881,492$1,522,148▼ $359,344
Total Net Assets Fund Balance$13,509,520$12,341,080▼ $1,168,440
Total Liabilities and Net Assets / Fund Balance$13,646,638$12,459,917▼ $1,186,721

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,353,947$2,447,389$3,801,336
Other Land Buildings$28,031$173,959$201,990
Land$12,063-$12,063
Other Assets Org$1,463,861--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$7,000--$7,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Klare GunnipExecutive DirectorFT$68,498$5,700$74,198
John LatanyshynTreasurer-$3,500-$3,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$180,364
Program Service Revenue
$849,268
Investment Income
$571,310
Other Revenue
$3,651
All Other Contributions
$118,346
Change in Net Assets
$-35,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,573,152
Revenue Not Reported on Financial Statements
$31,441
Revenue Not Reported on Form 990
$-1,132,682
Total Revenue per Audited Statements
$440,470
Total Revenue per Form 990
$1,604,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,062,759
Other Expenses$577,592
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$728,702$161,849-$890,551
Occupancy$123,526$6,501-$130,027
Depreciation Depletion$94,070$4,951-$99,021
Payroll Taxes$59,784$13,229-$73,013
Current Officers, Directors, Trustees, and Key Employees$56,576$11,922-$68,498
Insurance$53,287$2,805-$56,092
Office Expenses$49,264$2,592-$51,856
Fees for Service Investment Mgmnt Fees-$31,441-$31,441
Other Employee Benefits$25,135$5,562-$30,697
Fees for Services Accounting-$19,600-$19,600
All Other Expenses$11,748$3,048-$14,796
Fees for Services Other$5,969$1,321-$7,290
Other Expenses$6,152$324-$6,476
Advertising$3,518$2,345-$5,863
Total Functional Expenses$1,372,861$267,490$0$1,640,351

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,640,351
Expenses per Audited Statements$1,608,910
Total Expenses per Audited Statements$1,608,910
Expenses Not Reported on Financial Statements$31,441
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of form 990 is reviewed by the board president and treasurer. Once reviewed by the board president and the treasurer, the draft form 990 is presented to the board of trustees for approval prior to filing with the irs.

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

On an annual basis, the board members sign a conflict of interest statement and disclose any interests that could give rise to conflict. The conflict of interest statements are revised throughout the year if there has been a change in interest.

Form 990, Part VI, Section B, Line 15

On an annual basis, the board reviews and approves the executive director's salary as part of the budget process.

Form 990, Part VI, Section C, Line 18

The home's form 1023 and form 990 are available upon request and are maintained on the home's premises. In addition, the home's 990 is available for public inspection on guidestar.com.

Form 990, Part VI, Section C, Line 19

The home's governing documents, conflict of interest policy and financial statements are available upon request and are maintained on the home's premises.

Filing and Contact Details

Filer

Filer Name
Faatz-crofut Home for the Elderly Inc
EIN
15-0533560
Phone
3152536141
Address
46 GRANT AVENUE, AUBURN, NY 13021

Signing Officer

Name
John Latanyshyn
Title
Treasurer
Phone
3152536141
Signed
2023-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Latanyshyn
Formed
1865
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
20
Employees
54
Volunteers
0

Preparer

Firm
Dermody Burke & Brown Cpas LLC
Address
443 N FRANKLIN ST STE 100, SYRACUSE, NY 13204-1441
Preparer
Thomas Palmer
Phone
3154719171
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of beneficial interest in net assets held by others -319,980.

FORM 990, PART XII, LINE 2C:

The oversight process or selection process has not changed from the prior year.

Financial Statement Notes

PART IV, LINE 2B:

Amounts are resident funds. Residents can place cash in this fund to be used at their discretion. The home has no rights to the money.

PART X, LINE 2:

The home has obtained exemption from federal income taxes under section 501(c)(3) of the internal revenue code as an organization which is not a private foundation. Therefore, no provision for income taxes has been included in the financial statements. Inaccordance with fasb asc 740, income taxes, the home recognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. As of december 31, 2020 and 2019, the home did not have any unrecognized tax benefits or any related accrued interest or penalties. The tax years open to examination by federal and new york state taxing authorities are 2017 through 2020.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of beneficial interest in net assets held by others -319,980.

Raw XML AppendixShowing 400 of 584 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt088987
IRS990/AccountsReceivableGrp/EOYAmt07455
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ASSESS AND MEET THE ONGOING NEEDS OF THE RESIDENTS IN A PROFESSIONAL, COURTEOUS AND EFFICIENT MANNER WHILE MAINTAINING A HIGH QUALITY OF CARE IN A SAFE AND SECURE ENVIRONMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02345
IRS990/AdvertisingGrp/ProgramServicesAmt03518
IRS990/AdvertisingGrp/TotalAmt05863
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03048
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IRS990/AllOtherExpensesGrp/TotalAmt014796
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN LATANYSHYN
IRS990/BooksInCareOfDetail/PhoneNum03152536141
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt046 GRANT AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUBURN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/CollectionsOfArtInd00
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/ConservationEasementsInd00
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IRS990/DepreciationDepletionGrp/TotalAmt099021
IRS990/Desc0THE HOME PROVIDES ROOM AND BOARD FOR THE ELDERLY. THE HOME PROVIDES AN ATMOSPHERE OF GRACIOUS LIVING FOR MEN AND WOMEN. THE ADMINISTRATOR AND STAFF ARE EXCEPTIONALLY DEDICATED TO ENSURING THAT THE RESIDENTS LEAD A COMFORTABLE, SECURE, AND HAPPY LIFE AT THE HOME. PART OF THE CARING ATMOSPHERE OF THE HOME IS CREATED BY THE BOARD OF DIRECTORS WHO TAKE AN ACTIVE PART IN THE OPERATION OF THE HOME. THE HOME IS A COMMUNITY AS WELL AS A HOME FOR ITS RESIDENTS, AND A WIDE VARIETY OF REGULAR AND SPECIAL EVENTS ARE PLANNED.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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