Civic Intelligence

Cumberland River Homes Inc.

990 • Fiscal year 2019 • EIN 20-0816622

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 23, 2020

111 N Hayden AveSalem, KY 42078

(270) 988-4913

Siviq Scores

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

Liabilities / Assets

48th percentile

0.07x

Higher debt load relative to assets than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

56th percentile

5.1%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$836,355

Up $40,280 (+5.1%) from 2018

Net Assets

Up

$777,496

Up $18,056 (+2.4%) from 2018

Liabilities

Up

$58,859

Up $22,224 (+61%) from 2018

Revenue

Up

$2,269,299

Up $343,618 (+18%) from 2018

Expenses

Up

$2,251,243

Up $279,883 (+14%) from 2018

Net Income

Up

$18,056

Up $63,735 (+140%) from 2018

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: $356,850Liabilities 2010: $31,232Net Assets 2010: $325,6182010Assets 2011: $510,805Liabilities 2011: $7,058Net Assets 2011: $503,7472011Assets 2012: $556,121Liabilities 2012: $7,119Net Assets 2012: $549,0022012Assets 2013: $623,589Liabilities 2013: $4,570Net Assets 2013: $619,0192013Assets 2014: $601,525Liabilities 2014: $8,403Net Assets 2014: $593,1222014Assets 2015: $705,371Liabilities 2015: $10,350Net Assets 2015: $695,0212015Assets 2016: $816,187Liabilities 2016: $9,492Net Assets 2016: $806,6952016Assets 2017: $815,841Liabilities 2017: $10,722Net Assets 2017: $805,1192017Assets 2018: $796,075Liabilities 2018: $36,635Net Assets 2018: $759,4402018Assets 2019: $836,355Liabilities 2019: $58,859Net Assets 2019: $777,4962019Assets 2020: $1,168,621Liabilities 2020: $295,803Net Assets 2020: $872,8182020Assets 2021: $1,010,671Liabilities 2021: $19,533Net Assets 2021: $991,1382021Assets 2022: $770,168Liabilities 2022: $20,801Net Assets 2022: $749,3672022Assets 2023: $1,446,147Liabilities 2023: $23,303Net Assets 2023: $1,422,8442023Assets 2024: $1,062,088Liabilities 2024: $28,529Net Assets 2024: $1,033,5592024

Highlighted filing

2019

Assets$836,355
Liabilities$58,859
Net Assets$777,496

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $849,7602010Expenses 2011: $1,087,5022011Expenses 2012: $1,159,9442012Revenue 2013: $1,361,541Expenses 2013: $1,291,524Net Income 2013: $70,0172013Revenue 2014: $1,353,539Expenses 2014: $1,379,436Net Income 2014: -$25,8972014Revenue 2015: $1,535,274Expenses 2015: $1,433,375Net Income 2015: $101,8992015Revenue 2016: $1,708,630Expenses 2016: $1,596,956Net Income 2016: $111,6742016Revenue 2017: $1,683,492Expenses 2017: $1,685,068Net Income 2017: -$1,5762017Revenue 2018: $1,925,681Expenses 2018: $1,971,360Net Income 2018: -$45,6792018Revenue 2019: $2,269,299Expenses 2019: $2,251,243Net Income 2019: $18,0562019Revenue 2020: $2,350,934Expenses 2020: $2,255,612Net Income 2020: $95,3222020Revenue 2021: $2,462,175Expenses 2021: $2,343,855Net Income 2021: $118,3202021Revenue 2022: $2,206,778Expenses 2022: $2,448,549Net Income 2022: -$241,7712022Revenue 2023: $3,426,652Expenses 2023: $2,753,175Net Income 2023: $673,4772023Revenue 2024: $2,924,248Expenses 2024: $3,313,533Net Income 2024: -$389,2852024

Highlighted filing

2019

Revenue$2,269,299
Expenses$2,251,243
Net Income$18,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 23, 2020
Return Version
2019v5.1
Gross Receipts
$2,269,299
Mission and Program Overview

Mission

Assisted living facility for disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$621,121$691,561▲ $70,440
Cash and Non-Interest-Bearing Accounts$100,335$87,900▼ $12,435
Savings and Temporary Cash Investments$73,719$54,194▼ $19,525
Accounts Receivable-$1,800-
Total Assets$796,075$836,355▲ $40,280
Other Assets Total$900$900→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property-$53,182-
Accounts Payable and Accrued Expenses$36,635$5,677▼ $30,958
Total Liabilities$36,635$58,859▲ $22,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$759,440$777,496▲ $18,056
Total Net Assets Fund Balance$759,440$777,496▲ $18,056
Total Liabilities and Net Assets / Fund Balance$796,075$836,355▲ $40,280

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$585,925$38,908$624,833
Equipment$54,104$24,459$78,563
Other Land Buildings$4,740$40,860$45,600
Land$31,000-$31,000
Leasehold Improvements$15,792$4,338$20,130
Other Assets Org$900--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sandy BarnesPresident
Steve WatsonVice President
Bobbie DowneyBoard Member
Gary DamronBoard Member
James WringExecutive Director
Jessie KitchensSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$19,991
Program Service Revenue
$2,249,291
Investment Income
$17
Other Revenue
$0
All Other Contributions
$19,991
Change in Net Assets
$18,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,525,358
Other Expenses$725,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,034,706$93,411-$1,128,117
Fees for Services Other$287,980$5,479-$293,459
Occupancy$187,774$29,098-$216,872
Current Officers, Directors, Trustees, and Key Employees-$181,272-$181,272
Payroll Taxes$78,264$20,814-$99,078
Other Employee Benefits$80,506$7,678-$88,184
Insurance$-1,932$38,221-$36,289
Other Expenses$31,924$2,817-$31,924
Pension Plan Contributions$14,970$13,737-$28,707
Depreciation Depletion$22,842$2,823-$25,665
Travel$22,865$734-$23,599
All Other Expenses$9,123$8,634-$17,757
Office Expenses$5,585$4,898-$10,483
Fees for Services Accounting-$2,871-$2,871
Advertising$266$174-$440
Total Functional Expenses$1,838,582$412,661$0$2,251,243
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Phillip BarnesSpouse of OfficerLease of BuildingsNo$118,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

No review was or will be conducted

CEO executive director top management comp Part VI line 15A

The board of directors reviewed the performance of the director and adjusted compensation to reflect performance.

Other officer or key employee compensation Part VI line 15B

The board of directors reviewed the performance of the director and adjusted compensation to reflect performance.

Governing documents etc available to public Part VI line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Cumberland River Homes Inc
EIN
20-0816622
Address
111 N HAYDEN AVE, SALEM, KY 42078

Signing Officer

Name
Sandy Barnes
Title
President
Phone
2709884913
Signed
2020-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandy Barnes
Formed
2004
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
4
Employees
58

Preparer

Firm
Sheila M Whitaker CPA
Address
520 Oak Grove Church Rd, Mayfield, KY 42066-6516
Preparer
Sheila Whitaker
Phone
2707052979
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Foster care $277,694respite services $1,968misc services $8,318

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02269282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01925637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01683419
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01708555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01535189
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09122082
IRS990ScheduleA/TotalSupportAmt09122376
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/BookValueAmt0585925
IRS990ScheduleD/BuildingsGrp/DepreciationAmt038908
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0624833
IRS990ScheduleD/EquipmentGrp/BookValueAmt054104
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024459
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt078563
IRS990ScheduleD/LandGrp/BookValueAmt031000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015792
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04338
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020130
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04740
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040860
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0691561
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0900
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0PHILLIP BARNES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE OF OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0118800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LEASE OF BUILDINGS
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWED THE PERFORMANCE OF THE DIRECTOR AND ADJUSTED COMPENSATION TO REFLECT PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWED THE PERFORMANCE OF THE DIRECTOR AND ADJUSTED COMPENSATION TO REFLECT PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOSTER CARE $277,694RESPITE SERVICES $1,968MISC SERVICES $8,318
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0796075
IRS990/TotalAssetsEOYAmt0836355
IRS990/TotalAssetsGrp/BOYAmt0796075
IRS990/TotalAssetsGrp/EOYAmt0836355
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019991
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0412661
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01838582
IRS990/TotalFunctionalExpensesGrp/TotalAmt02251243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036635
IRS990/TotalLiabilitiesEOYAmt058859
IRS990/TotalLiabilitiesGrp/BOYAmt036635
IRS990/TotalLiabilitiesGrp/EOYAmt058859
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0759440
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0777496
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01838582
IRS990/TotalProgramServiceRevenueAmt02249291
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02249308
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02269299
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0796075
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0836355
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0734
IRS990/TravelGrp/ProgramServicesAmt022865
IRS990/TravelGrp/TotalAmt023599
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDY BARNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02709884913
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CUMBERLAND RIVER HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0CUMB
ReturnHeader/Filer/EIN0200816622
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 N HAYDEN AVE
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042078
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0336A3E84204993D0FD84E30E8F46020076FD210D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0336A3E84204993D0FD84E30E8F46020076FD210D
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06129702020297m2lrw1b
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-10-23
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.21.20.174
ReturnHeader/FilingSecurityInformation/IPDt02020-10-23
ReturnHeader/FilingSecurityInformation/IPTm012:19:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208820415
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sheila M Whitaker CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 Oak Grove Church Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mayfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0420666516
ReturnHeader/PreparerPersonGrp/PhoneNum02707052979
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sheila Whitaker
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-10-23T12:18:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01

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.$1.06$0.03$1.03$2.92$3.31$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.02$1.42$3.43$2.75$0.67
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.02$0.75$2.21$2.45$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.02$0.99$2.46$2.34$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.30$0.87$2.35$2.26$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.84$0.06$0.78$2.27$2.25$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.04$0.76$1.93$1.97$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.81$1.68$1.69$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.81$1.71$1.60$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$1.54$1.43$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$1.35$1.38$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.36$1.29$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.01$0.55$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.50$1.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.03$0.33$0.85