Civic Intelligence

Handi-Crafters Inc.

990 • Fiscal year 2017 • EIN 23-1609968

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 07, 2018

215 Barley Sheaf RoadThorndale, PA 19372

(610) 384-6990

Siviq Scores

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

Liabilities / Assets

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

47th percentile

3.0%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-1.5%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$7,078,024

Up $208,818 (+3.0%) from 2016

Net Assets

Up

$6,495,101

Up $382,340 (+6.3%) from 2016

Liabilities

Down

$582,923

Down $173,522 (-23%) from 2016

Revenue

Down

$8,094,407

Down $126,284 (-1.5%) from 2016

Expenses

Down

$7,712,067

Down $493,915 (-6.0%) from 2016

Net Income

Up

$382,340

Up $367,631 (+2499%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $6,706,216Liabilities 2011: $704,397Net Assets 2011: $6,001,8192011Assets 2012: $6,827,076Liabilities 2012: $673,654Net Assets 2012: $6,153,4222012Assets 2013: $6,790,711Liabilities 2013: $777,759Net Assets 2013: $6,012,9522013Assets 2014: $6,714,923Liabilities 2014: $704,262Net Assets 2014: $6,010,6612014Assets 2015: $6,931,238Liabilities 2015: $842,020Net Assets 2015: $6,089,2182015Assets 2016: $6,869,206Liabilities 2016: $756,445Net Assets 2016: $6,112,7612016Assets 2017: $7,078,024Liabilities 2017: $582,923Net Assets 2017: $6,495,1012017Assets 2018: $8,089,130Liabilities 2018: $729,008Net Assets 2018: $7,360,1222018Assets 2019: $8,317,436Liabilities 2019: $652,952Net Assets 2019: $7,664,4842019Assets 2020: $8,406,240Liabilities 2020: $1,172,301Net Assets 2020: $7,233,9392020Assets 2021: $7,080,980Liabilities 2021: $1,002,383Net Assets 2021: $6,078,5972021Assets 2022: $8,199,865Liabilities 2022: $740,575Net Assets 2022: $7,459,2902022Assets 2023: $8,672,092Liabilities 2023: $855,504Net Assets 2023: $7,816,5882023Assets 2024: $8,006,089Liabilities 2024: $1,029,102Net Assets 2024: $6,976,9872024

Highlighted filing

2017

Assets$7,078,024
Liabilities$582,923
Net Assets$6,495,101

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,541,074Expenses 2011: $4,219,930Net Income 2011: $321,1442011Expenses 2012: $5,093,6862012Expenses 2013: $6,826,4572013Revenue 2014: $6,645,095Expenses 2014: $6,651,771Net Income 2014: -$6,6762014Revenue 2015: $7,128,176Expenses 2015: $7,051,479Net Income 2015: $76,6972015Revenue 2016: $8,220,691Expenses 2016: $8,205,982Net Income 2016: $14,7092016Revenue 2017: $8,094,407Expenses 2017: $7,712,067Net Income 2017: $382,3402017Revenue 2018: $9,482,309Expenses 2018: $8,617,288Net Income 2018: $865,0212018Revenue 2019: $8,153,554Expenses 2019: $7,849,192Net Income 2019: $304,3622019Revenue 2020: $6,864,991Expenses 2020: $7,295,536Net Income 2020: -$430,5452020Revenue 2021: $4,858,114Expenses 2021: $6,013,456Net Income 2021: -$1,155,3422021Revenue 2022: $7,610,978Expenses 2022: $6,230,285Net Income 2022: $1,380,6932022Revenue 2023: $8,863,150Expenses 2023: $8,505,852Net Income 2023: $357,2982023Revenue 2024: $7,171,315Expenses 2024: $8,010,916Net Income 2024: -$839,6012024

Highlighted filing

2017

Revenue$8,094,407
Expenses$7,712,067
Net Income$382,340
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 7, 2018
Return Version
2016v3.1
Gross Receipts
$8,213,402
Mission and Program Overview

Mission

Handi-crafters, inc. Was organized to operate as a vocational rehabilitation center for adults with significant barriers to employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,868,912$3,786,933▼ $81,979
Savings and Temporary Cash Investments$1,517,601$1,951,661▲ $434,060
Accounts Receivable$680,126$783,899▲ $103,773
Inventories for Sale or Use$752,170$453,876▼ $298,294
Pledges and Grants Receivable-$77,154-
Prepaid Expenses and Deferred Charges$47,113$24,501▼ $22,612
Intangible Assets$3,284--
Total Assets$6,869,206$7,078,024▲ $208,818
Liabilities
Accounts Payable and Accrued Expenses$730,460$582,923▼ $147,537
Mortgage Notes Payable Secured by Investment Property$25,985--
Total Liabilities$756,445$582,923▼ $173,522
Net Assets / Fund Balance
Unrestricted Net Assets$5,516,260$6,042,808▲ $526,548
Temporarily Rstr Net Assets$596,501$452,293▼ $144,208
Total Net Assets Fund Balance$6,112,761$6,495,101▲ $382,340
Total Liabilities and Net Assets / Fund Balance$6,869,206$7,078,024▲ $208,818

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,379,123$3,364,906$6,744,029
Equipment$219,720$745,254$964,974
Land$188,090-$188,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie M PottsExecutive DiFT$127,545$9,800$137,345

Board Members and Trustees

NameTitle
Brain L NaglePresident
-Director
Amy RiceDirector
Bruce CavinDirector
Denny HowellDirector
John GillespieDirector
Kate SpatolaDirector
Robert KenneyDirector
Karen Ladd BakerPast Preside
Robert a SpatolaPast Preside
Allan BurkleySecretary
John C StoddartTreasurer
Joseph HowardVice Preside
Michael J HankinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,848,735
Program Service Revenue
$4,325,780
Investment Income
$1,406
Other Revenue
$-81,514
All Other Contributions
$342,286
Change in Net Assets
$382,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,096,954
Revenue Not Reported on Financial Statements
$-2,547
Total Revenue per Audited Statements
$8,096,954
Total Revenue per Form 990
$8,094,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,628,667
Other Expenses$3,083,400
Total Fundraising Expense$134,211
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,101,392$324,537$95,991$3,521,920
Other Employee Benefits$538,816$114,981$17,488$671,285
Payroll Taxes$261,331$40,436$6,150$307,917
Depreciation Depletion$235,322--$235,322
Occupancy$183,619--$183,619
Current Officers, Directors, Trustees, and Key Employees-$127,545-$127,545
Other Expenses$62,325--$62,325
Fees for Services Management$57,352--$57,352
Fees for Services Accounting$47,638--$47,638
Fees for Services Other$46,231--$46,231
All Other Expenses$38,982--$38,982
Fees for Services Legal$20,485--$20,485
Travel$18,529$573-$19,102
Advertising-$4,389$14,582$18,971
Conferences and Meetings$4,471$2,305-$6,776
Interest$2,237--$2,237
Total Functional Expenses$6,963,090$614,766$134,211$7,712,067

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,714,614
Total Expenses per Audited Statements$7,714,614
Total Expenses per Form 990$7,712,067
Expenses Not Reported on Financial Statements$-2,547
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$116,448
Fundraising Gross Income$34,934
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$173,663$22,239$6,026$16,213
Golf Outing$260,670$12,695$14,044$-1,349
Total Events$434,333$34,934$116,448$-81,514
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberSecurity ServicesNo$3,353
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 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
No
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, Page 6, Part VI, Line 11B

Form 990 was distributed to board members, voted on and approved before filing.

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

Board members sign a statement each year attesting to their adherence to the conflicts of interest policy

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

Compensation of the executive director is reviewed and approved each year by the executive committee of the board of directors

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available to the public

Filing and Contact Details

Filer

Filer Name
Handi-crafters Inc
EIN
23-1609968
Phone
6103846990
Address
215 BARLEY SHEAF ROAD, THORNDALE, PA 19372

Signing Officer

Name
Amy Rice
Title
Executive Director
Phone
6103846990
Signed
2018-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Rice
Formed
1963
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
632
Volunteers
35

Preparer

Firm
Rainer & Company
Address
2 CAMPUS BLVD STE 220, NEWTOWN SQUARE, PA 19073-3270
Preparer
Michael a Dehaven
Phone
6103534610
Supplemental Narrative

Additional Explanations

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

HOUSING SERVICES

Financial Statement Notes

Schedule D, Page 3, Part X

Management has determined that there are no uncertain tax positions that would require recognition in the consolidated financial statements. If the organizations were to incur any income tax liability in the future, interest on any income tax liability would be reported as interest expense, and penalties on any income tax would be reported as income taxes. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof as well as other factors. Generally, federal, state, and local authorities may examine the organizations' tax returns for three years from the filing date and the current and prior three years remain subject to examination as of june 30, 2017.

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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0HANDI-CRAFTERS, INC. WAS ORGANIZED TO OPERATE AS A VOCATIONAL REHABILITATION CENTER FOR ADULTS WITH SIGNIFICANT BARRIERS TO EMPLOYMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt025985
IRS990/NetAssetsOrFundBalancesBOYAmt06112761
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt017488
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0114981
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0538816
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0671285
IRS990/OtherExpensesGrp/Desc0MATERIALS
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IRS990/OtherExpensesGrp/Desc2GENERAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt02192050
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IRS990/OtherExpensesGrp/ProgramServicesAmt270327
IRS990/OtherExpensesGrp/ProgramServicesAmt362325
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IRS990/OtherExpensesGrp/TotalAmt181983
IRS990/OtherExpensesGrp/TotalAmt270327
IRS990/OtherExpensesGrp/TotalAmt362325
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt095991
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06150
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040436
IRS990/PayrollTaxesGrp/ProgramServicesAmt0261331
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt077154
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047113
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IRS990/PrincipalOfficerNm0AMY RICE
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IRS990/ProgramServiceRevenueGrp/Desc0SERVICE CONTRACTS AND WORKSHO
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IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1383762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt283698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313253
IRS990/ProgSrvcAccomActy2Grp/Desc0COMPETITIVE EMPLOYMENT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0352129
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0409341
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY HABILITATION
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0787144
IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOUSING SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt057320
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt066633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03596587
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-47516
IRS990/PYOtherExpensesAmt03602819
IRS990/PYOtherRevenueAmt0-64898
IRS990/PYProgramServiceRevenueAmt04736518
IRS990/PYRevenuesLessExpensesAmt014709
IRS990/PYSalariesCompEmpBnftPaidAmt04603163
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IRS990/PYTotalRevenueAmt08220691
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0382340
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06831289
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01517601
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03584864
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03073129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017179419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03953
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01963
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012713
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04360714
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt017179419
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03848735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03596587
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03073129
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017179419
IRS990ScheduleA/TotalSupportAmt017192132
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03379123
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03364906
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06744029
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0964974
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0188090
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-2547
IRS990ScheduleD/RevenueSubtotalAmt08096954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. IF THE ORGANIZATIONS WERE TO INCUR ANY INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF AS WELL AS OTHER FACTORS. GENERALLY, FEDERAL, STATE, AND LOCAL AUTHORITIES MAY EXAMINE THE ORGANIZATIONS' TAX RETURNS FOR THREE YEARS FROM THE FILING DATE AND THE CURRENT AND PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt07712067
IRS990ScheduleD/TotalRevenuePerForm990Amt08094407
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08096954
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IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt01250
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01250
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.01$1.03$6.98$7.17$8.01$0.84
2023Detailed filing. Detailed filing data is available for this year.$8.67$0.86$7.82$8.86$8.51$0.36
2022Detailed filing. Detailed filing data is available for this year.$8.20$0.74$7.46$7.61$6.23$1.38
2021Detailed filing. Detailed filing data is available for this year.$7.08$1.00$6.08$4.86$6.01$1.16
2020Detailed filing. Detailed filing data is available for this year.$8.41$1.17$7.23$6.86$7.30$0.43
2019Detailed filing. Detailed filing data is available for this year.$8.32$0.65$7.66$8.15$7.85$0.30
2018Detailed filing. Detailed filing data is available for this year.$8.09$0.73$7.36$9.48$8.62$0.87
2017Detailed filing. Detailed filing data is available for this year.$7.08$0.58$6.50$8.09$7.71$0.38
2016Detailed filing. Detailed filing data is available for this year.$6.87$0.76$6.11$8.22$8.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$6.93$0.84$6.09$7.13$7.05$0.08
2014Detailed filing. Detailed filing data is available for this year.$6.71$0.70$6.01$6.65$6.65$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$0.78$6.01$6.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$0.67$6.15$5.09
2011Summary only. Only limited summary data is available for this year.$6.71$0.70$6.00$4.54$4.22$0.32