Civic Intelligence

Live the Victory Inc

990 • Fiscal year 2017 • EIN 20-2894339

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 09, 2018

415 Mason CT 1Fort Collins, CO 80524

(970) 472-4293

Siviq Scores

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

Liabilities / Assets

89th percentile

0.83x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.26x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

27th percentile

-5.0%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$77,028

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

6.2%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$786,544

Down $94,392 (-11%) from 2016

Net Assets

Down

$134,327

Down $126,450 (-48%) from 2016

Liabilities

Up

$652,217

Up $32,058 (+5.2%) from 2016

Revenue

Up

$2,543,080

Up $147,721 (+6.2%) from 2016

Expenses

Up

$2,669,530

Up $54,543 (+2.1%) from 2016

Net Income

Up

-$126,450

Up $93,178 (+42%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $150,873Liabilities 2011: $13,158Net Assets 2011: $137,7152011Assets 2012: $750,008Liabilities 2012: $551,628Net Assets 2012: $198,3802012Assets 2013: $785,079Liabilities 2013: $538,376Net Assets 2013: $246,7032013Assets 2014: $774,677Liabilities 2014: $559,680Net Assets 2014: $214,9972014Assets 2015: $1,053,938Liabilities 2015: $573,533Net Assets 2015: $480,4052015Assets 2016: $880,936Liabilities 2016: $620,159Net Assets 2016: $260,7772016Assets 2017: $786,544Liabilities 2017: $652,217Net Assets 2017: $134,3272017Assets 2018: $761,365Liabilities 2018: $613,118Net Assets 2018: $148,2472018Assets 2019: $729,072Liabilities 2019: $598,434Net Assets 2019: $130,6382019Assets 2020: $1,193,926Liabilities 2020: $618,316Net Assets 2020: $575,6102020Assets 2021: $1,763,007Liabilities 2021: $551,876Net Assets 2021: $1,211,1312021Assets 2022: $1,784,952Liabilities 2022: $714,985Net Assets 2022: $1,069,9672022Assets 2023: $2,477,786Liabilities 2023: $1,362,629Net Assets 2023: $1,115,1572023Assets 2024: $3,248,740Liabilities 2024: $1,923,047Net Assets 2024: $1,325,6932024

Highlighted filing

2017

Assets$786,544
Liabilities$652,217
Net Assets$134,327

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 2011: $617,5212011Expenses 2012: $924,4292012Revenue 2013: $1,283,323Expenses 2013: $1,235,000Net Income 2013: $48,3232013Revenue 2014: $1,621,657Expenses 2014: $1,653,363Net Income 2014: -$31,7062014Revenue 2015: $1,961,787Expenses 2015: $2,077,791Net Income 2015: -$116,0042015Revenue 2016: $2,395,359Expenses 2016: $2,614,987Net Income 2016: -$219,6282016Revenue 2017: $2,543,080Expenses 2017: $2,669,530Net Income 2017: -$126,4502017Revenue 2018: $2,353,052Expenses 2018: $2,336,615Net Income 2018: $16,4372018Revenue 2019: $2,214,522Expenses 2019: $2,231,470Net Income 2019: -$16,9482019Revenue 2020: $2,729,732Expenses 2020: $2,288,683Net Income 2020: $441,0492020Revenue 2021: $3,043,758Expenses 2021: $2,414,369Net Income 2021: $629,3892021Revenue 2022: $2,575,104Expenses 2022: $2,708,628Net Income 2022: -$133,5242022Revenue 2023: $2,851,284Expenses 2023: $2,812,164Net Income 2023: $39,1202023Revenue 2024: $3,318,133Expenses 2024: $3,119,263Net Income 2024: $198,8702024

Highlighted filing

2017

Revenue$2,543,080
Expenses$2,669,530
Net Income-$126,450
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 9, 2018
Return Version
2017v2.3
Gross Receipts
$2,609,567
Mission and Program Overview

Mission

The mission of live the victory, dba the matthews house is to empower young adults and families in transition by providing the resources and relationships necessary for them to take control of their lives and shape positive futures for themselves, while becoming successful contributors to their community.

To empower young adults and families in transition who lack a significant support network by providing the resources and relationships necessary for them to take control of their lives and shape positive futures for themselves, while becoming successful contributors to their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$533,481$530,007▼ $3,474
Accounts Receivable$150,472$152,372▲ $1,900
Cash and Non-Interest-Bearing Accounts$134,661$42,660▼ $92,001
Savings and Temporary Cash Investments$15,892$16,004▲ $112
Prepaid Expenses and Deferred Charges$140$6,667▲ $6,527
Total Assets$880,936$786,544▼ $94,392
Other Assets Total$46,290$38,834▼ $7,456
Liabilities
Mortgage Notes Payable Secured by Investment Property$465,823$471,353▲ $5,530
Other Liabilities$117,255$140,869▲ $23,614
Accounts Payable and Accrued Expenses$37,081$39,995▲ $2,914
Total Liabilities$620,159$652,217▲ $32,058
Net Assets / Fund Balance
Unrestricted Net Assets$226,674$97,541▼ $129,133
Temporarily Rstr Net Assets$34,103$36,786▲ $2,683
Total Net Assets Fund Balance$260,777$134,327▼ $126,450
Total Liabilities and Net Assets / Fund Balance$880,936$786,544▼ $94,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$319,723$58,132$377,855
Land$169,761-$169,761
Equipment$40,523$67,508$108,031

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$11,061-▲ $1,419-$12,230
2016$10,483-▲ $828-$11,061
2015$10,750-▼ $17-$10,483
2014$10,242-▲ $738-$10,750
2013-$10,000▲ $242-$10,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jerri SchmitzExecutive DiFT$77,028$77,028

Board Members and Trustees

NameTitle
Aaron EverittChair
Dan LundmarkVice Chair
Bob SteinerDirector
Sarah LamborneDirector
Scott HabermanDirector
Scott NielsenDirector
Jenny EgglestonSecretary
Lance SampleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$798,188
Program Service Revenue
$1,669,531
Investment Income
$5,246
Other Revenue
$70,115
All Other Contributions
$285,572
Change in Net Assets
$-126,450

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table200$56,087Fair Market Value
Total Noncash Contributions200$56,087-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,543,080
Revenue Not Reported on Form 990
$39,380
Total Revenue per Audited Statements
$2,582,460
Total Revenue per Form 990
$2,543,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,949,752
Other Expenses$719,778
Total Fundraising Expense$178,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,500,262$21,726$112,059$1,634,047
Occupancy$121,550$20,619$13,862$156,031
Payroll Taxes$134,789$6,900$9,511$151,200
Other Employee Benefits$77,683$3,985$5,809$87,477
Current Officers, Directors, Trustees, and Key Employees$19,257$56,230$1,541$77,028
Office Expenses$49,167$10,757$3,747$63,671
All Other Expenses$25,297$7,981$19,088$52,366
Fees for Services Other$1,271$31,397$9,965$42,633
Insurance$20,545$2,779$930$24,254
Depreciation Depletion$21,471$505$737$22,713
Interest$20,583--$20,583
Other Expenses$17,169$881$1,283$19,333
Total Functional Expenses$2,325,407$165,375$178,748$2,669,530

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,708,910
Expenses per Audited Statements$2,669,530
Total Expenses per Form 990$2,669,530
Expenses Not Reported on Form 990$39,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$127,102
Fundraising Direct Expenses$66,487
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cultivate Hope$107,260$107,260$66,487$40,773
Wild West Relay$15,600$15,600-$15,600
Total Events$122,860$122,860$66,487$56,373
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$68,443
Compensated Abscences Payable$51,174
Line of Credit Payable$20,000
Accrued Interest$1,252
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11B

The 990 is presented to the financial committee, then the board of directors. Both must approve before the return is filed.

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

Reviewed preiodically by board members.

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

Developed by the finance committee, presented to the board of directors for approval.

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

Developed by the finance committee, presented to the board of directors for approval.

Form 990, Page 6, Part VI, Line 19

Guide star and upon request.

Filing and Contact Details

Filer

Filer Name
Live the Victory Inc
EIN
20-2894339
Phone
9704724293
Address
415 MASON CT 1, FORT COLLINS, CO 80524
Doing Business As
The Matthews House

Signing Officer

Name
Jerri Schmitz
Title
Executive Director
Phone
9704724293
Signed
2018-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerri Schmitz
Formed
2005
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
95
Volunteers
225

Preparer

Firm
Rlr Llp
Address
1235 RIVERSIDE AVE, FORT COLLINS, CO 80524-3218
Preparer
Joseph M Hoefler
Phone
9706925300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To empower young adults and families in transition who lack a significant support network by providing the resources and relationships necessary for them to take control of their lives and shape positive futures for themselves, while becoming successful contributors to their community.

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

These areas are: 1) safe and affordable housing, 2) physical & mental health, 3) employment, 4) education, and 5) independent living and social skills.

Form 990, Part XI, Line 9

Directly allocated fundraising expense 36,350 directly allocated fundraising expense -36,350

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a nonprofit corporation and qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Accordingly, no provision is made in these financial statements for income taxes. The organization has adopted the recognition requirements for uncertainty in income taxes as required by asc 740-10. The standard prescribes a comprehensive model for how an organization should recognize, measure, present and disclose in the financial statements uncertainty in income taxes of the organization. The organizations income tax filings are subject to audit by various taxing authorities. In evaluating the organizations tax provisions and accruals, interpretations and tax planning strategies are considered. The organization believes their estimates are appropriate based on current facts and circumstances and have not recorded any reserves, or related accruals for interest and penalties for uncertainty in income taxes at december 31, 2017.

Schedule D, Page 4, Part XI, Line 2D

Directly allocated fundraising expense 36,350

Schedule D, Page 4, Part XII, Line 2D

Directly allocated fundraising expense 36,350

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IRS990/Desc0THE MATTHEWS HOUSE SERVES AT RISK AND MARGINALIZED YOUNG ADULTS AND FAMILIES WHO HAVE EXPERIENCED GENERATIONAL POVERTY AND/OR CHILDHOOD MALTREATMENT. CASE MANAGEMENT AS WELL AS RESOURCE NAVIGATION IS PROVIDED AS YOUNG ADULTS AND FAMILIES WORK ON AN INDEPENDENT LIVING PLAN IN ORDER TO REACH SELF SUFFICIENCY. THE FOUR CORE MULTI-SERVICE PROGRAMS INCLUDE EMPOWERING YOUTH, STRENGTHENING FAMILIES, BUILDING COMMUNITY AND HOUSING OPPORTUNITIES SUPPORTING TRANSITION (HOST)., ALONG WITH EDUCATION AND EMPLOYMENT CENTER FORMED THROUGH A NON-PROFIT MERGER OPPORTUNITY. THESE PROGRAMS ADDRESS FIVE MAIN AREAS TO HELP YOUTH AND FAMILIES DEVELOP THE SKILLS AND KNOWLEDGE NECESSARY TO MOVE INTO AND MAINTAIN ECONOMIC STABILITY. THESE AREAS ARE: 1) SAFE AND AFFORDABLE HOUSING, 2) PHYSICAL & MENTAL HEALTH, 3) EMPLOYMENT, 4) EDUCATION, AND 5) INDEPENDENT LIVING AND SOCIAL SKILLS.
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IRS990/MissionDesc0TO EMPOWER YOUNG ADULTS AND FAMILIES IN TRANSITION WHO LACK A SIGNIFICANT SUPPORT NETWORK BY PROVIDING THE RESOURCES AND RELATIONSHIPS NECESSARY FOR THEM TO TAKE CONTROL OF THEIR LIVES AND SHAPE POSITIVE FUTURES FOR THEMSELVES, WHILE BECOMING SUCCESSFUL CONTRIBUTORS TO THEIR COMMUNITY.
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IRS990/PrincipalOfficerNm0JERRI SCHMITZ
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE MATTHEWS HOUSE EDUCATION AND EMPLOYMENT CENTER OFFERS FLEXIBLE AND AFFORDABLE CLASSES THAT PROVIDE STUDENTS WITH KEY SKILLS NEEDED FOR TODAYS WORKPLACE. IN ADDITION, THE EDUCATION AND EMPLOYMENT CENTERS CAREER PATH FACILITATOR PROVIDES CUSTOMIZED SUPPORT FOR OUR STUDENTS, CONNECTING THEM TO COMMUNITY RESOURCES AND REDUCING BARRIERS AS STUDENTS WORK TOWARD THEIR SHORT- AND LONG-TERM GOALS. FROM ENTRY-LEVEL JOB-SEEKERS TO ESTABLISHED EMPLOYEES WHO WISH TO MAKE A CAREER CHANGE, ALL STUDENTS ARE ENCOURAGED TO WORK WITH THE CAREER PATH FACILITATOR TO DEVELOP A PERSONALIZED, SUSTAINABLE CAREER PATH PLAN.
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COMPENSATED ABSCENCES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LINE OF CREDIT PAYABLE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION AND QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION IS MADE IN THESE FINANCIAL STATEMENTS FOR INCOME TAXES. THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY ASC 740-10. THE STANDARD PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE IN THE FINANCIAL STATEMENTS UNCERTAINTY IN INCOME TAXES OF THE ORGANIZATION. THE ORGANIZATIONS INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ORGANIZATIONS TAX PROVISIONS AND ACCRUALS, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ORGANIZATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES AND HAVE NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAINTY IN INCOME TAXES AT DECEMBER 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECTLY ALLOCATED FUNDRAISING EXPENSE 36,350
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECTLY ALLOCATED FUNDRAISING EXPENSE 36,350
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$1.92$1.33$3.32$3.12$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$1.36$1.12$2.85$2.81$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.71$1.07$2.58$2.71$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.55$1.21$3.04$2.41$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.62$0.58$2.73$2.29$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.60$0.13$2.21$2.23$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.61$0.15$2.35$2.34$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.65$0.13$2.54$2.67$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.62$0.26$2.40$2.61$0.22
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.57$0.48$1.96$2.08$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.56$0.21$1.62$1.65$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.54$0.25$1.28$1.24$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.55$0.20$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$0.62