Civic Intelligence

Silver Key Senior Services Inc

990 • Fiscal year 2012 • EIN 23-7109922

Jan 01, 2012 to Dec 31, 2012 • Filed on Mar 20, 2013

2250 Bott Avenue80904
Siviq Scores

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

Liabilities / Assets

31st percentile

0.07x

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

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

68th percentile

6.8%

Faster asset growth than 68% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$6,994,241

Up $445,905 (+6.8%) from 2011

Net Assets

Up

$6,520,018

Up $208,899 (+3.3%) from 2011

Liabilities

Up

$474,223

Up $237,006 (+100%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,848,481

Down $206,176 (-6.7%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $7,356,206Liabilities 2010: $345,305Net Assets 2010: $7,010,9012010Assets 2011: $6,548,336Liabilities 2011: $237,217Net Assets 2011: $6,311,1192011Assets 2012: $6,994,241Liabilities 2012: $474,223Net Assets 2012: $6,520,0182012Assets 2013: $6,856,648Liabilities 2013: $113,477Net Assets 2013: $6,743,1712013Assets 2014: $7,111,734Liabilities 2014: $137,033Net Assets 2014: $6,974,7012014Assets 2015: $10,798,791Liabilities 2015: $2,029,463Net Assets 2015: $8,769,3282015Assets 2017: $11,869,235Liabilities 2017: $1,552,500Net Assets 2017: $10,316,7352017Assets 2018: $12,271,181Liabilities 2018: $1,055,092Net Assets 2018: $11,216,0892018Assets 2019: $12,033,721Liabilities 2019: $1,032,468Net Assets 2019: $11,001,2532019Assets 2020: $12,618,197Liabilities 2020: $755,950Net Assets 2020: $11,862,2472020Assets 2021: $14,103,228Liabilities 2021: $681,470Net Assets 2021: $13,421,7582021Assets 2022: $13,456,104Liabilities 2022: $934,003Net Assets 2022: $12,522,1012022Assets 2023: $15,211,662Liabilities 2023: $1,675,868Net Assets 2023: $13,535,7942023Assets 2024: $19,380,888Liabilities 2024: $686,915Net Assets 2024: $18,693,9732024

Highlighted filing

2012

Assets$6,994,241
Liabilities$474,223
Net Assets$6,520,018

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,034,5842010Expenses 2011: $3,054,6572011Expenses 2012: $2,848,4812012Revenue 2013: $3,159,435Expenses 2013: $3,126,787Net Income 2013: $32,6482013Revenue 2014: $3,802,783Expenses 2014: $3,531,292Net Income 2014: $271,4912014Revenue 2015: $6,704,986Expenses 2015: $4,560,989Net Income 2015: $2,143,9972015Revenue 2017: $5,757,947Expenses 2017: $4,754,372Net Income 2017: $1,003,5752017Revenue 2018: $6,370,367Expenses 2018: $5,503,734Net Income 2018: $866,6332018Revenue 2019: $6,020,731Expenses 2019: $6,201,902Net Income 2019: -$181,1712019Revenue 2020: $7,315,465Expenses 2020: $6,324,535Net Income 2020: $990,9302020Revenue 2021: $7,612,543Expenses 2021: $7,186,590Net Income 2021: $425,9532021Revenue 2022: $8,397,518Expenses 2022: $8,121,692Net Income 2022: $275,8262022Revenue 2023: $8,477,734Expenses 2023: $7,962,290Net Income 2023: $515,4442023Revenue 2024: $12,666,255Expenses 2024: $7,985,186Net Income 2024: $4,681,0692024

Highlighted filing

2012

Revenue-
Expenses$2,848,481
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 20, 2013
Return Version
2012v2.1
Gross Receipts
$3,601,927
Mission and Program Overview

Mission

Silver Key serves in partnership with its stakeholders to support quality of life for seniors - allowing them the choice of safely aging in place with dignity and independence. Services are provided with the goals of promoting independence, self sufficiency, independent living in the home, fulfilling basic and social needs, relieving the many burdens of old age, and preserving the dignity of self respect of the elderly person.

Major Activities

Activity 2
Nutrition services : this area is comprised of the meal on wheels program and food pantry programs. The meals on wheels program delivers hot nutritious meals to homes of seniors who are unable to prepare meals for themselves. This program provides nutritional support along with social contact with caring members of our community. During this period 563 seniors were served a total of 47,395 meals. Volunteers provided 13,800 hours delivering meals and visiting seniors. The food pantry works closely with care and share and the federal food programs to provide food to low income seniors in our community. During 2012, silver key administered two federal food programs, the commodity supplemental food program (csfp) and the emergency food assistance program (tefap) as well as operated a food pantry to distribute emergency food and supplemental food to the federal programs recipients. The food pantry accommodates clients who have dietary restrictions. Seniors who are homebound receive their commodities through our home delivery services. These services are provided with compassion and respect, with sensitivity to allow for dignity and understanding to older individuals who must rely on others for their basic needs. We work closely with care and share to ensure our clients have access to as much fresh fruits and vegetables and dairy products as available. A total of 1,166 clients were served, receiving 1,096 pantry bags, 5,298 csfp food boxes, 1,022 tefap bags and 1,280 emergency pantry food bags. A total of 2,100 hours were donated in conjunction with assisting seniors receive food pantry items and food drives.
Activity 3
Care management services : this area is comprised of referrals and information, care management, and guardianship. The guardianship program assists seniors who are deemed to no longer be able to make decisions for themselves. During 2012, silver key was legal guardian for 58 individuals, and maintained a power of attorney for nine individuals. Silver key care managers oversee all aspects of these seniors health, housing, psychosocial and financial needs. This service is often provided through the remainder of their life. Most of these seniors are on medicaid and social security that pays for nursing home care, and there is no extra money to pay guardianship fees so silver key provides these services at no cost to these clients. No other agency in our community provides this service to these low income individuals. The care managers assist seniors in resolving issues related to medicaid enrollment and benefits, finding affordable housing, utilities assistance, and other health and welfare needs. During 2012, silver key care managers saw 1,299 seniors. Need based financial assistance was provided to 522 individuals. Without intervention, many of these seniors would be in shelters, hospitals, and costly nursing facilities. A total of 4,700 hours of service were donated in care management during this period.
Filing and Contact Details

Filer

EIN
23-7109922
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IRS990/Activity2/Description0NUTRITION SERVICES : THIS AREA IS COMPRISED OF THE MEAL ON WHEELS PROGRAM AND FOOD PANTRY PROGRAMS. THE MEALS ON WHEELS PROGRAM DELIVERS HOT NUTRITIOUS MEALS TO HOMES OF SENIORS WHO ARE UNABLE TO PREPARE MEALS FOR THEMSELVES. THIS PROGRAM PROVIDES NUTRITIONAL SUPPORT ALONG WITH SOCIAL CONTACT WITH CARING MEMBERS OF OUR COMMUNITY. DURING THIS PERIOD 563 SENIORS WERE SERVED A TOTAL OF 47,395 MEALS. VOLUNTEERS PROVIDED 13,800 HOURS DELIVERING MEALS AND VISITING SENIORS. THE FOOD PANTRY WORKS CLOSELY WITH CARE AND SHARE AND THE FEDERAL FOOD PROGRAMS TO PROVIDE FOOD TO LOW INCOME SENIORS IN OUR COMMUNITY. DURING 2012, SILVER KEY ADMINISTERED TWO FEDERAL FOOD PROGRAMS, THE COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP) AND THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) AS WELL AS OPERATED A FOOD PANTRY TO DISTRIBUTE EMERGENCY FOOD AND SUPPLEMENTAL FOOD TO THE FEDERAL PROGRAMS RECIPIENTS. THE FOOD PANTRY ACCOMMODATES CLIENTS WHO HAVE DIETARY RESTRICTIONS. SENIORS WHO ARE HOMEBOUND RECEIVE THEIR COMMODITIES THROUGH OUR HOME DELIVERY SERVICES. THESE SERVICES ARE PROVIDED WITH COMPASSION AND RESPECT, WITH SENSITIVITY TO ALLOW FOR DIGNITY AND UNDERSTANDING TO OLDER INDIVIDUALS WHO MUST RELY ON OTHERS FOR THEIR BASIC NEEDS. WE WORK CLOSELY WITH CARE AND SHARE TO ENSURE OUR CLIENTS HAVE ACCESS TO AS MUCH FRESH FRUITS AND VEGETABLES AND DAIRY PRODUCTS AS AVAILABLE. A TOTAL OF 1,166 CLIENTS WERE SERVED, RECEIVING 1,096 PANTRY BAGS, 5,298 CSFP FOOD BOXES, 1,022 TEFAP BAGS AND 1,280 EMERGENCY PANTRY FOOD BAGS. A TOTAL OF 2,100 HOURS WERE DONATED IN CONJUNCTION WITH ASSISTING SENIORS RECEIVE FOOD PANTRY ITEMS AND FOOD DRIVES.
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IRS990/Activity3/Description0CARE MANAGEMENT SERVICES : THIS AREA IS COMPRISED OF REFERRALS AND INFORMATION, CARE MANAGEMENT, AND GUARDIANSHIP. THE GUARDIANSHIP PROGRAM ASSISTS SENIORS WHO ARE DEEMED TO NO LONGER BE ABLE TO MAKE DECISIONS FOR THEMSELVES. DURING 2012, SILVER KEY WAS LEGAL GUARDIAN FOR 58 INDIVIDUALS, AND MAINTAINED A POWER OF ATTORNEY FOR NINE INDIVIDUALS. SILVER KEY CARE MANAGERS OVERSEE ALL ASPECTS OF THESE SENIORS HEALTH, HOUSING, PSYCHOSOCIAL AND FINANCIAL NEEDS. THIS SERVICE IS OFTEN PROVIDED THROUGH THE REMAINDER OF THEIR LIFE. MOST OF THESE SENIORS ARE ON MEDICAID AND SOCIAL SECURITY THAT PAYS FOR NURSING HOME CARE, AND THERE IS NO EXTRA MONEY TO PAY GUARDIANSHIP FEES SO SILVER KEY PROVIDES THESE SERVICES AT NO COST TO THESE CLIENTS. NO OTHER AGENCY IN OUR COMMUNITY PROVIDES THIS SERVICE TO THESE LOW INCOME INDIVIDUALS. THE CARE MANAGERS ASSIST SENIORS IN RESOLVING ISSUES RELATED TO MEDICAID ENROLLMENT AND BENEFITS, FINDING AFFORDABLE HOUSING, UTILITIES ASSISTANCE, AND OTHER HEALTH AND WELFARE NEEDS. DURING 2012, SILVER KEY CARE MANAGERS SAW 1,299 SENIORS. NEED BASED FINANCIAL ASSISTANCE WAS PROVIDED TO 522 INDIVIDUALS. WITHOUT INTERVENTION, MANY OF THESE SENIORS WOULD BE IN SHELTERS, HOSPITALS, AND COSTLY NURSING FACILITIES. A TOTAL OF 4,700 HOURS OF SERVICE WERE DONATED IN CARE MANAGEMENT DURING THIS PERIOD.
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IRS990/ActivityOther/Description0RETAIL SERVICES: THIS PROGRAM PROVIDES SUPPORT VIA HEALTH & VISION EQUIPMENT AND A THRIFT STORE. HEALTH AND VISION EQUIPMENT IS PROVIDED TO SENIORS TO ASSIST WITH MOBILITY AND VISION NEEDS. THE THRIFT STORE IS STAFFED BY VOLUNTEERS AND RESELLS ITEMS THAT HAVE BEEN DONATED TO SILVER KEY. VOLUNTEERS DONATED 2,500 HOURS IN THESE AREAS.
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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.$19.4$0.69$18.7$12.7$7.99$4.68
2023Detailed filing. Detailed filing data is available for this year.$15.2$1.68$13.5$8.48$7.96$0.52
2022Detailed filing. Detailed filing data is available for this year.$13.5$0.93$12.5$8.40$8.12$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$0.68$13.4$7.61$7.19$0.43
2020Detailed filing. Detailed filing data is available for this year.$12.6$0.76$11.9$7.32$6.32$0.99
2019Detailed filing. Detailed filing data is available for this year.$12.0$1.03$11.0$6.02$6.20$0.18
2018Detailed filing. Detailed filing data is available for this year.$12.3$1.06$11.2$6.37$5.50$0.87
2017Detailed filing. Detailed filing data is available for this year.$11.9$1.55$10.3$5.76$4.75$1.00
2015Detailed filing. Detailed filing data is available for this year.$10.8$2.03$8.77$6.70$4.56$2.14
2014Detailed filing. Detailed filing data is available for this year.$7.11$0.14$6.97$3.80$3.53$0.27
2013Detailed filing. Detailed filing data is available for this year.$6.86$0.11$6.74$3.16$3.13$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.99$0.47$6.52$2.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.24$6.31$3.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.36$0.35$7.01$3.03