Civic Intelligence

Sodat - Delaware Inc

990 • Fiscal year 2015 • EIN 23-7091103

Jul 01, 2014 to Jun 30, 2015 • Filed on May 12, 2016

625 North Orange StreetWilmington, DE 19801

(302) 656-4044

Siviq Scores

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

Liabilities / Assets

98th percentile

2.53x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

1.69x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$69,348

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

18th percentile

-8.8%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-16%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$445,525

Down $43,128 (-8.8%) from 2014

Net Assets

Down

-$680,293

Down $67,145 (-11%) from 2014

Liabilities

Up

$1,125,818

Up $24,017 (+2.2%) from 2014

Revenue

Down

$666,334

Down $122,339 (-16%) from 2014

Expenses

Down

$733,479

Down $177,157 (-19%) from 2014

Net Income

Up

-$67,145

Up $54,818 (+45%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2012: $504,626Liabilities 2012: $984,756Net Assets 2012: -$480,1302012Assets 2013: $548,135Liabilities 2013: $1,039,320Net Assets 2013: -$491,1852013Assets 2014: $488,653Liabilities 2014: $1,101,801Net Assets 2014: -$613,1482014Assets 2015: $445,525Liabilities 2015: $1,125,818Net Assets 2015: -$680,2932015Assets 2016: $436,445Liabilities 2016: $1,234,080Net Assets 2016: -$797,6352016Assets 2017: $426,185Liabilities 2017: $1,315,902Net Assets 2017: -$889,7172017Assets 2018: $24,212Liabilities 2018: $945,589Net Assets 2018: -$921,3772018Assets 2019: $47,479Liabilities 2019: $975,344Net Assets 2019: -$927,8652019Assets 2020: $63,074Liabilities 2020: $228,007Net Assets 2020: -$164,9332020

Highlighted filing

2015

Assets$445,525
Liabilities$1,125,818
Net Assets-$680,293

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $808,7452012Expenses 2013: $831,5572013Revenue 2014: $788,673Expenses 2014: $910,636Net Income 2014: -$121,9632014Revenue 2015: $666,334Expenses 2015: $733,479Net Income 2015: -$67,1452015Revenue 2016: $608,958Expenses 2016: $690,007Net Income 2016: -$81,0492016Revenue 2017: $595,321Expenses 2017: $687,403Net Income 2017: -$92,0822017Revenue 2018: $534,671Expenses 2018: $566,331Net Income 2018: -$31,6602018Revenue 2019: $555,667Expenses 2019: $562,155Net Income 2019: -$6,4882019Revenue 2020: $624,482Expenses 2020: $667,343Net Income 2020: -$42,8612020

Highlighted filing

2015

Revenue$666,334
Expenses$733,479
Net Income-$67,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$666,334
Mission and Program Overview

Mission

Sodat-delaware, inc. Provides substance abuse outpatient treatment and education for the public and evaluations and counseling for anyone arrested for driving under the influence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$384,547$388,973▲ $4,426
Land, Buildings, and Equipment, Net$36,993$28,553▼ $8,440
Cash and Non-Interest-Bearing Accounts$29,527$19,143▼ $10,384
Prepaid Expenses and Deferred Charges$5,902$3,367▼ $2,535
Accounts Receivable$28,641$2,446▼ $26,195
Total Assets$488,653$445,525▼ $43,128
Other Assets Total$3,043$3,043→ $0
Liabilities
Accounts Payable and Accrued Expenses$866,152$911,504▲ $45,352
Mortgage Notes Payable Secured by Investment Property$126,565$119,806▼ $6,759
Other Liabilities$89,084$54,508▼ $34,576
Unsecured Notes Loans Payable$20,000$40,000▲ $20,000
Total Liabilities$1,101,801$1,125,818▲ $24,017
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,334$5,334→ $0
Unrestricted Net Assets$-618,482$-685,627▼ $67,145
Total Net Assets Fund Balance$-613,148$-680,293▼ $67,145
Total Liabilities and Net Assets / Fund Balance$488,653$445,525▼ $43,128

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,901$421,046$447,947
Buildings$1,652$2,136$3,788
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric SaulExecutive DiFT$69,348$69,348
Kristen BlanchardDirector OpertnsFT$57,648$57,648

Board Members and Trustees

NameTitle
Michael Newbold JrBoard Chair
Fran HenkleBoard Member
Jeffrey WaxmanBoard Member
Steven LewisBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$38,747
Program Service Revenue
$627,583
Investment Income
$4
Other Revenue
$0
All Other Contributions
$3,447
Change in Net Assets
$-67,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$454,635
Other Expenses$278,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$231,701$142,079-$373,780
Occupancy$92,875$2,496-$95,371
Fees for Services Accounting$52,950$17,450-$70,400
Office Expenses$41,805$16,376-$58,181
Pension Plan Contributions$48,755$1,512-$50,267
Payroll Taxes$27,530$3,058-$30,588
Fees for Services Other$17,530$1,746-$19,276
Insurance$14,181$1,576-$15,757
Interest$9,036$1,004-$10,040
Depreciation Depletion$8,046$1,629-$9,675
Travel$144--$144
Total Functional Expenses$544,553$188,926$0$733,479
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
Accrued Vacations$36,802
Accrued Salaries$17,603
Payroll Liabilities$103
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Organization's process to review form 990 this 990 was given to the executive director for review prior to his signing form 8879-eo to return to ero and ero e-filing the return.

Form 990, Part VI, Section B, Line 15

The board of directors approves the budget which includes salaries. Atthis time, there is no formal review process for the executive director.there is no formal review process at this time.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Sodat - Delaware Inc
EIN
23-7091103
Phone
3026564044
Address
625 NORTH ORANGE STREET, WILMINGTON, DE 19801

Signing Officer

Name
Eric Saul
Title
Executive Director
Phone
3026564044
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Saul Executive Dire
Formed
1971
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
19
Volunteers
0

Preparer

Firm
Albero Kupferman & Associates LLC
Address
1701 SHALLCROSS AVE STE D, WILMINGTON, DE 19806
Preparer
Renee a Villano CPA
Phone
3022307171
Supplemental Narrative

Financial Statement Notes

Part X- Fin 48 Footnote

Part x - fin 48 footnote sodat's income tax status is a privilege, which may be revoked by the irs for any one of several reasons. Sodat has considered the nautre of their activities and the disclosures made on their tax return, form 990, and believes their reporting is appropriate based on current facts and circumstances. Accordingly, there are no provisions for income taxes, penalities, or interest receivable or payable relating to uncertain income tax positions in the accompanying financial statements.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049269
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047629
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0212013
IRS990ScheduleA/TotalSupportAmt0217113
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01652
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02136
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03788
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026901
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0421046
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0447947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt136802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt217603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED VACATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SALARIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X - FIN 48 FOOTNOTE SODAT'S INCOME TAX STATUS IS A PRIVILEGE, WHICH MAY BE REVOKED BY THE IRS FOR ANY ONE OF SEVERAL REASONS. SODAT HAS CONSIDERED THE NAUTRE OF THEIR ACTIVITIES AND THE DISCLOSURES MADE ON THEIR TAX RETURN, FORM 990, AND BELIEVES THEIR REPORTING IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALITIES, OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X- FIN 48 FOOTNOTE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028553
IRS990ScheduleD/TotalLiabilityAmt054508
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 THIS 990 WAS GIVEN TO THE EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO HIS SIGNING FORM 8879-EO TO RETURN TO ERO AND ERO E-FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS APPROVES THE BUDGET WHICH INCLUDES SALARIES. ATTHIS TIME, THERE IS NO FORMAL REVIEW PROCESS FOR THE EXECUTIVE DIRECTOR.THERE IS NO FORMAL REVIEW PROCESS AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DUNCAN ROAD ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0510180118
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0C2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0625 N ORANGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WILMINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0SCHEDULE R - ADDITIONAL INFORMATION DUNCAN ROAD ACADEMY HOLDS TITLE TO A CONDOMINIUM UNIT RENTED BY ITS PARENT ORGANIZATION SODAT-DELAWARE, INC. THE PARENT ORGANIZATION ACCRUES $40,800 OF RENT EXPENSES EACH YEAR, HOWEVER NO PAYMENTS ARE MADE TO THE SUBSIDIARY. THE RENTAL EXPENSE IS REPORTED ON THIS INFORMATION RETURN. THE PARENT ORGANIZATION PAYS UTITLITIES, CONDO FEES AND MAINTENANCE ON THE PROPERTY. THE PARENT ACCRUES A RECEIVABLE DUE FROM THE SUBSIDIARY EACH MONTH FOR A PORTION OF THE CONDO FEES. THOSE FEES ARE EXPENSED ON THIS INFORMATION RETURN.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R- ADDITIONAL INFORMATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DUNCAN ROAD ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05334
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05334
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0488653
IRS990/TotalAssetsEOYAmt0445525
IRS990/TotalAssetsGrp/BOYAmt0488653
IRS990/TotalAssetsGrp/EOYAmt0445525
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt038747
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0188926
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0544553
IRS990/TotalFunctionalExpensesGrp/TotalAmt0733479
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01101801
IRS990/TotalLiabilitiesEOYAmt01125818
IRS990/TotalLiabilitiesGrp/BOYAmt01101801
IRS990/TotalLiabilitiesGrp/EOYAmt01125818
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-613148
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-680293
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05698
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05698
IRS990/TotalProgramServiceExpensesAmt0544553
IRS990/TotalProgramServiceRevenueAmt0627583
IRS990/TotalReportableCompFromOrgAmt0126996
IRS990/TotalRevenueGrp/ExclusionAmt04
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0627583
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0666334
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0488653
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0445525
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0144
IRS990/TravelGrp/TotalAmt0144
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-618482
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-685627
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt020000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt040000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0625 NORTH ORANGE STREET
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019801
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC SAUL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03026564044
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SODAT - DELAWARE INC
ReturnHeader/Filer/BusinessNameControlTxt0SODA
ReturnHeader/Filer/EIN0237091103
ReturnHeader/Filer/PhoneNum03026564044
ReturnHeader/Filer/USAddress/AddressLine1Txt0625 NORTH ORANGE STREET

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