Civic Intelligence

Operation Life Inc.

990 • Fiscal year 2024 • EIN 22-2362169

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 04, 2025

Organization ProfileWWW.LADACIN.ORG
1703 Kneeley BoulevardWanamassa, NJ 07712

(732) 493-5900

Siviq Scores

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

Liabilities / Assets

58th percentile

0.52x

Higher debt load relative to assets than 58% of similar nonprofits.

2024 filings • NTEE L • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.90x

Higher debt load relative to revenue than 55% of similar nonprofits.

2024 filings • NTEE L • $500k-$1M nonprofits • Source year 2024

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2024 filings • NTEE L • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$275,586

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 54.4% of source-year revenue.

2024 filings • NTEE L • $500k-$1M nonprofits • Source year 2024

Asset Growth

11th percentile

-9.9%

Faster asset growth than 11% of similar nonprofits.

2024 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-4.2%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$871,424

Down $95,778 (-9.9%) from 2023

Net Assets

Up

$416,216

Up $98,185 (+31%) from 2023

Liabilities

Down

$455,208

Down $193,963 (-30%) from 2023

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin78th percentile

Revenue

Down

$506,750

Down $22,049 (-4.2%) from 2023

Expenses

Down

$405,504

Down $81,862 (-17%) from 2023

Net Income

Up

$101,246

Up $59,813 (+144%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $791,690Liabilities 2010: $1,090,821Net Assets 2010: -$299,1312010Assets 2011: $759,940Liabilities 2011: $1,045,204Net Assets 2011: -$285,2642011Assets 2012: $698,194Liabilities 2012: $958,957Net Assets 2012: -$260,7632012Assets 2013: $703,684Liabilities 2013: $888,238Net Assets 2013: -$184,5542013Assets 2014: $691,631Liabilities 2014: $839,192Net Assets 2014: -$147,5612014Assets 2015: $777,357Liabilities 2015: $862,566Net Assets 2015: -$85,2092015Assets 2016: $742,051Liabilities 2016: $757,954Net Assets 2016: -$15,9032016Assets 2017: $702,288Liabilities 2017: $678,923Net Assets 2017: $23,3652017Assets 2018: $688,659Liabilities 2018: $660,284Net Assets 2018: $28,3752018Assets 2019: $705,225Liabilities 2019: $609,253Net Assets 2019: $95,9722019Assets 2020: $710,127Liabilities 2020: $552,601Net Assets 2020: $157,5262020Assets 2021: $693,554Liabilities 2021: $473,917Net Assets 2021: $219,6372021Assets 2022: $626,678Liabilities 2022: $350,080Net Assets 2022: $276,5982022Assets 2023: $967,202Liabilities 2023: $649,171Net Assets 2023: $318,0312023Assets 2024: $871,424Liabilities 2024: $455,208Net Assets 2024: $416,2162024

Highlighted filing

2024

Assets$871,424
Liabilities$455,208
Net Assets$416,216
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

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

$600K$400K$200K$0Expenses 2010: $444,7552010Revenue 2011: $441,779Expenses 2011: $427,912Net Income 2011: $13,8672011Expenses 2012: $419,7062012Expenses 2013: $457,6712013Revenue 2014: $510,671Expenses 2014: $473,678Net Income 2014: $36,9932014Revenue 2015: $534,742Expenses 2015: $472,390Net Income 2015: $62,3522015Revenue 2016: $541,248Expenses 2016: $471,942Net Income 2016: $69,3062016Revenue 2017: $539,162Expenses 2017: $499,894Net Income 2017: $39,2682017Revenue 2018: $534,131Expenses 2018: $529,121Net Income 2018: $5,0102018Revenue 2019: $563,659Expenses 2019: $495,830Net Income 2019: $67,8292019Revenue 2020: $540,390Expenses 2020: $478,837Net Income 2020: $61,5532020Revenue 2021: $516,652Expenses 2021: $453,018Net Income 2021: $63,6342021Revenue 2022: $481,981Expenses 2022: $424,999Net Income 2022: $56,9822022Revenue 2023: $528,799Expenses 2023: $487,366Net Income 2023: $41,4332023Revenue 2024: $506,750Expenses 2024: $405,504Net Income 2024: $101,2462024

Highlighted filing

2024

Revenue$506,750
Expenses$405,504
Net Income$101,246
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 4, 2025
Return Version
2023v6.0
Gross Receipts
$506,750
Mission and Program Overview

Mission

To provide housing for individuals with physical disabilities, enabling them to live independent, healthy and secure lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$482,451$468,798▼ $13,653
Cash and Non-Interest-Bearing Accounts$121,312$143,022▲ $21,710
Accounts Receivable$59,715$9,857▼ $49,858
Prepaid Expenses and Deferred Charges$3,064$3,159▲ $95
Total Assets$967,202$871,424▼ $95,778
Other Assets Total$300,660$246,588▼ $54,072
Liabilities
Accounts Payable and Accrued Expenses$616,057$447,659▼ $168,398
Mortgage Notes Payable Secured by Investment Property$21,567--
Other Liabilities$4,651$5,078▲ $427
Deferred Revenue$6,896$2,471▼ $4,425
Total Liabilities$649,171$455,208▼ $193,963
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$318,031$416,216▲ $98,185
Total Net Assets Fund Balance$318,031$416,216▲ $98,185
Total Liabilities and Net Assets / Fund Balance$967,202$871,424▼ $95,778

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$356,224$1,883,970$2,240,194
Land$103,787-$103,787
Equipment$8,787$7,688$16,475
Other Assets Org$5,078--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleOtherTotal
Crystal FitzpatrickDirector of Finance$90,844$90,844

Board Members and Trustees

NameTitle
Victor SbailoPresident
Vincent Vivona Do JdVice-president
Patricia B CarlesimoExecutive Director
Nancy Kegelman EddTrustee
Christine Russell GraySecretary
Stephan LowyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$403,038
Program Service Revenue
$103,627
Investment Income
$60
Other Revenue
$25
Change in Net Assets
$101,246

Audited Revenue Reconciliation

Revenue per Audited Statements
$506,750
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$506,750
Total Revenue per Form 990
$506,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$295,863
Salaries, Compensation, and Employee Benefits$109,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,255$34,070-$58,325
Other Employee Benefits$41,644--$41,644
Occupancy$39,556--$39,556
Depreciation Depletion$38,266--$38,266
Insurance$28,302--$28,302
Fees for Services Management-$23,040-$23,040
Fees for Services Accounting-$10,740-$10,740
All Other Expenses$10,273--$10,273
Payroll Taxes$9,672--$9,672
Other Expenses$9,668--$9,668
Office Expenses-$5,379-$5,379
Interest$84--$84
Total Functional Expenses$332,275$73,229$0$405,504

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$408,565
Total Expenses per Audited Statements$408,565
Total Expenses per Form 990$405,504
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-3,061
Other Expense Adjustments$-3,061
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Payable$5,078
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
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

Form 990, Part VI, Section A, Line 3

“Administrative and financial duties are delegated to ladacin network, inc. Who acts as managing agent.”

Form 990, Part VI, Section A, Line 8B

“They do not have a committee with authority to act on behalf of the governing body.”

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

“The form 990 is reviewed in detail by the ceo and the cfo of the organization after thier review and approval, the 990 is sent to the board of directors prior to filing.”

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

“Board members sign a conflict of interest statement annually and the statement is reviewed on a semi-annual basis for any changes.”

Form 990, Part VI, Section C, Line 19

“The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Operation Life Inc
EIN
22-2362169
Phone
7324935900
Address
1703 KNEELEY BOULEVARD, WANAMASSA, NJ 07712

Signing Officer

Name
Patricia Carlesimo
Title
Executive Director
Phone
7324935900
Signed
2025-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Carlesimo
Formed
1980
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
293 EISENHOWER PARKWAY 2ND FLOOR, LIVINGSTON, NJ 07039
Preparer
Tara Del Gavio
Phone
9739949494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“BAD DEBT EXPENSE -3,061.”

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The project is exempt from federal and state income taxes, under section 501(c)(3) of the internal revenue code and comparable state law. The project follows accounting standards that provide clarification on accounting for uncertainty in income taxes recognized in the project's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return, and also provides guidance on derecognition, classification, interest and penalties, disclosure and transition. The project's policy is to recognize interest and penalties on unrecorded tax benefits in income tax expense. No interest and penalties were recorded during the years ended june 30, 2024 and 2023. At june 30, 2024 and 2023, there are no significant income tax uncertainties.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“BAD DEBT EXPENSE -3,061.”

Raw XML AppendixShowing 400 of 542 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0616057
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0447659
IRS990/AccountsReceivableGrp/BOYAmt059715
IRS990/AccountsReceivableGrp/EOYAmt09857
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THEM TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010273
IRS990/AllOtherExpensesGrp/TotalAmt010273
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CRYSTAL FITZPATRICK
IRS990/BooksInCareOfDetail/PhoneNum07324935900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01703 KNEELEY BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WANAMASSA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007712
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0121312
IRS990/CashNonInterestBearingGrp/EOYAmt0143022
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0403038
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt060
IRS990/CYOtherExpensesAmt0295863
IRS990/CYOtherRevenueAmt025
IRS990/CYProgramServiceRevenueAmt0103627
IRS990/CYRevenuesLessExpensesAmt0101246
IRS990/CYSalariesCompEmpBnftPaidAmt0109641
IRS990/CYTotalExpensesAmt0405504
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0506750
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt06896
IRS990/DeferredRevenueGrp/EOYAmt02471
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt038266
IRS990/DepreciationDepletionGrp/TotalAmt038266
IRS990/Desc0PROVIDED A BARRIER-FREE ENVIRONMENT AND PERMITTED ADULTS WHO HAVE DEVELOPMENTAL AND MULTIPLE PHYSICAL DISABILITIES TO RESIDE IN THEIR OWN APARTMENTS WITHIN THE COMMUNITY. 24 CLIENTS SERVED FOR 365 DAYS DURING THE YEAR. ADDITIONAL FUNDING FOR THIS PROGRAM IS PROVIDED THROUGH FEDERAL GRANTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0332275
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010740
IRS990/FeesForServicesAccountingGrp/TotalAmt010740
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt023040
IRS990/FeesForServicesManagementGrp/TotalAmt023040
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt639.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt541676
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt68109
IRS990/Form990PartVIISectionAGrp/PersonNm0VINCENT VIVONA DO JD
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTINE RUSSELL GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm2STEPHAN LOWY
IRS990/Form990PartVIISectionAGrp/PersonNm3NANCY KEGELMAN EDD
IRS990/Form990PartVIISectionAGrp/PersonNm4VICTOR SBAILO
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICIA B CARLESIMO
IRS990/Form990PartVIISectionAGrp/PersonNm6CRYSTAL FITZPATRICK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5233910
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt682735
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0403038
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0506750
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028302
IRS990/InsuranceGrp/TotalAmt028302
IRS990/InterestGrp/ProgramServicesAmt084
IRS990/InterestGrp/TotalAmt084
IRS990/InvestmentIncomeGrp/ExclusionAmt060
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01891658
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0482451
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0468798
IRS990/LandBldgEquipCostOrOtherBssAmt02360456
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THEM TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt021567
IRS990/NetAssetsOrFundBalancesBOYAmt0318031
IRS990/NetAssetsOrFundBalancesEOYAmt0416216
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0318031
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0416216
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt039556
IRS990/OccupancyGrp/TotalAmt039556
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05379
IRS990/OfficeExpensesGrp/TotalAmt05379
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0300660
IRS990/OtherAssetsTotalGrp/EOYAmt0246588
IRS990/OtherChangesInNetAssetsAmt0-3061
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041644
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041644
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SECURITY PAYROLL/ CONTR
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3GARBAGE AND TRASH REMOV
IRS990/OtherExpensesGrp/ProgramServicesAmt061341
IRS990/OtherExpensesGrp/ProgramServicesAmt152928
IRS990/OtherExpensesGrp/ProgramServicesAmt216286
IRS990/OtherExpensesGrp/ProgramServicesAmt39668
IRS990/OtherExpensesGrp/TotalAmt061341
IRS990/OtherExpensesGrp/TotalAmt152928
IRS990/OtherExpensesGrp/TotalAmt216286
IRS990/OtherExpensesGrp/TotalAmt39668
IRS990/OtherLiabilitiesGrp/BOYAmt04651
IRS990/OtherLiabilitiesGrp/EOYAmt05078
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025
IRS990/OtherRevenueTotalAmt025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034070
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024255
IRS990/OtherSalariesAndWagesGrp/TotalAmt058325
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09672
IRS990/PayrollTaxesGrp/TotalAmt09672
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03064
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03159
IRS990/PrincipalOfficerNm0PATRICIA CARLESIMO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1812300
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0101599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0101599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12028
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0426512
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt056
IRS990/PYOtherExpensesAmt0326713
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0102231
IRS990/PYRevenuesLessExpensesAmt041433
IRS990/PYSalariesCompEmpBnftPaidAmt0160653
IRS990/PYTotalExpensesAmt0487366
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0528799
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0101246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0103652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0403038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0426512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0380542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0420197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0439734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02070023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0361
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0502217
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01946
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01971
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportPY170Pct00.99780
IRS990ScheduleA/PublicSupportTotal170Amt02070023
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0403038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0426512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0380542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0420197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0439734
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02070023
IRS990ScheduleA/TotalSupportAmt02072355
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0356224
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01883970
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02240194
IRS990ScheduleD/EquipmentGrp/BookValueAmt08787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07688
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016475
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-3061
IRS990ScheduleD/ExpensesSubtotalAmt0408565
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0103787
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0103787
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0235501
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16009
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25078
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-3061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0506750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. THE PROJECT FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE PROJECT'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE PROJECT'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECORDED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2024 AND 2023. AT JUNE 30, 2024 AND 2023, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BAD DEBT EXPENSE -3,061.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0468798
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0246588
IRS990ScheduleD/TotalExpensesPerForm990Amt0405504
IRS990ScheduleD/TotalLiabilityAmt05078
IRS990ScheduleD/TotalRevenuePerForm990Amt0506750
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0506750
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0408565
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0233910
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019436
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICIA B CARLESIMO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0275586
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE AND FINANCIAL DUTIES ARE DELEGATED TO LADACIN NETWORK, INC. WHO ACTS AS MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THEY DO NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED IN DETAIL BY THE CEO AND THE CFO OF THE ORGANIZATION AFTER THIER REVIEW AND APPROVAL, THE 990 IS SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND THE STATEMENT IS REVIEWED ON A SEMI-ANNUAL BASIS FOR ANY CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BAD DEBT EXPENSE -3,061.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LADACIN NETWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1LADACIN NETWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2LADACIN NETWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3LADACIN NETWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LADACIN NETWORK INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$871,424
Liabilities
$455,208
Net assets
$416,216
Revenue
$506,750
Expenses
$405,504
Net income
$101,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.46$0.42$0.51$0.41$0.10
2023Summary only. Only limited summary data is available for this year.$0.97$0.65$0.32$0.53$0.49$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.35$0.28$0.48$0.42$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.47$0.22$0.52$0.45$0.06
2020Summary only. Only limited summary data is available for this year.$0.71$0.55$0.16$0.54$0.48$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.61$0.10$0.56$0.50$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.66$0.03$0.53$0.53$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.68$0.02$0.54$0.50$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.76$0.02$0.54$0.47$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.86$0.09$0.53$0.47$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.84$0.15$0.51$0.47$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.89$0.18$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.96$0.26$0.42
2011Summary only. Only limited summary data is available for this year.$0.76$1.05$0.29$0.44$0.43$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$1.09$0.30$0.44