Civic Intelligence

Home Life Incorporated

990 • Fiscal year 2019 • EIN 23-7230042

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 07, 2020

2068 NW Filmore AveCorvallis, OR 97339

(541) 753-9015

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.30x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.28x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$97,480

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

54th percentile

4.3%

Faster asset growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

38th percentile

-0.4%

Faster revenue growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,478,884

Up $182,743 (+4.3%) from 2018

Net Assets

Up

$3,123,487

Up $210,015 (+7.2%) from 2018

Liabilities

Down

$1,355,397

Down $27,272 (-2.0%) from 2018

Revenue

Down

$4,820,311

Down $19,246 (-0.4%) from 2018

Expenses

Down

$4,664,429

Down $364,019 (-7.2%) from 2018

Net Income

Up

$155,882

Up $344,773 (+183%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $3,444,637Liabilities 2013: $857,120Net Assets 2013: $2,587,5172013Assets 2014: $3,631,821Liabilities 2014: $813,503Net Assets 2014: $2,818,3182014Assets 2015: $4,350,103Liabilities 2015: $1,437,209Net Assets 2015: $2,912,8942015Assets 2016: $4,309,131Liabilities 2016: $1,436,739Net Assets 2016: $2,872,3922016Assets 2017: $4,499,219Liabilities 2017: $1,403,309Net Assets 2017: $3,095,9102017Assets 2018: $4,296,141Liabilities 2018: $1,382,669Net Assets 2018: $2,913,4722018Assets 2019: $4,478,884Liabilities 2019: $1,355,397Net Assets 2019: $3,123,4872019Assets 2020: $5,269,832Liabilities 2020: $1,526,106Net Assets 2020: $3,743,7262020Assets 2021: $5,845,716Liabilities 2021: $1,306,488Net Assets 2021: $4,539,2282021Assets 2022: $5,343,353Liabilities 2022: $1,174,388Net Assets 2022: $4,168,9652022Assets 2023: $5,427,299Liabilities 2023: $1,082,268Net Assets 2023: $4,345,0312023Assets 2024: $5,273,458Liabilities 2024: $1,645,194Net Assets 2024: $3,628,2642024

Highlighted filing

2019

Assets$4,478,884
Liabilities$1,355,397
Net Assets$3,123,487

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2013: $3,406,2402013Revenue 2014: $3,830,461Expenses 2014: $3,607,987Net Income 2014: $222,4742014Revenue 2015: $3,836,099Expenses 2015: $3,735,567Net Income 2015: $100,5322015Revenue 2016: $4,180,207Expenses 2016: $4,217,098Net Income 2016: -$36,8912016Revenue 2017: $4,839,728Expenses 2017: $4,625,257Net Income 2017: $214,4712017Revenue 2018: $4,839,557Expenses 2018: $5,028,448Net Income 2018: -$188,8912018Revenue 2019: $4,820,311Expenses 2019: $4,664,429Net Income 2019: $155,8822019Revenue 2020: $5,823,826Expenses 2020: $5,203,590Net Income 2020: $620,2362020Revenue 2021: $6,407,363Expenses 2021: $5,645,344Net Income 2021: $762,0192021Revenue 2022: $5,580,576Expenses 2022: $5,940,258Net Income 2022: -$359,6822022Revenue 2023: $6,942,148Expenses 2023: $6,773,110Net Income 2023: $169,0382023Revenue 2024: $6,890,311Expenses 2024: $7,620,662Net Income 2024: -$730,3512024

Highlighted filing

2019

Revenue$4,820,311
Expenses$4,664,429
Net Income$155,882
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 7, 2020
Return Version
2018v3.2
Gross Receipts
$4,838,806
Mission and Program Overview

Mission

To provide housing and training for adults with developmental disabilities thereby enabling them to enjoy active, productive, and independent lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,418,170$3,399,898▼ $18,272
Cash and Non-Interest-Bearing Accounts$256,562$426,146▲ $169,584
Accounts Receivable$240,546$270,093▲ $29,547
Prepaid Expenses and Deferred Charges$155,464$159,885▲ $4,421
Savings and Temporary Cash Investments$127,942$118,470▼ $9,472
Investments Other Securities$97,253$104,038▲ $6,785
Total Assets$4,296,141$4,478,884▲ $182,743
Other Assets Total$204$354▲ $150
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,107,996$1,063,399▼ $44,597
Accounts Payable and Accrued Expenses$270,998$288,148▲ $17,150
Other Liabilities$3,675$3,850▲ $175
Total Liabilities$1,382,669$1,355,397▼ $27,272
Net Assets / Fund Balance
Unrestricted Net Assets$2,904,358$3,100,162▲ $195,804
Temporarily Rstr Net Assets$9,114$23,325▲ $14,211
Total Net Assets Fund Balance$2,913,472$3,123,487▲ $210,015
Total Liabilities and Net Assets / Fund Balance$4,296,141$4,478,884▲ $182,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,282,274$1,276,174$3,558,448
Land$861,034-$861,034
Equipment$256,590$251,213$507,803
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Executive DiFT$88,659$8,821$97,480

Board Members and Trustees

NameTitle
Wayne LystraPresident
John HobbsMember
Laine HeathcoteMember
Linda BlouinMember
Patti WittrupMember
Sierra RawsonMember
Bob TatumPast Preside
Karen SchultzSecretary
Dave ZabackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$85,978
Program Service Revenue
$4,686,997
Investment Income
$1,123
Other Revenue
$46,213
All Other Contributions
$85,931
Change in Net Assets
$155,882

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,820,311
Revenue Not Reported on Form 990
$5,713
Total Revenue per Audited Statements
$4,826,024
Total Revenue per Form 990
$4,820,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,878,802
Other Expenses$785,627
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,608,538$345,269-$2,953,807
Other Employee Benefits$535,122$43,839-$578,961
Payroll Taxes$221,747$26,398-$248,145
Depreciation Depletion$133,984$20,486-$154,470
Occupancy$116,688$20,950-$137,638
Current Officers, Directors, Trustees, and Key Employees$78,296$10,363-$88,659
Interest$71,204$12,784-$83,988
Travel$73,867$3,955-$77,822
Insurance$45,173$21,560-$66,733
Fees for Services Accounting$15,745$21,630-$37,375
Fees for Services Other$14,823$20,365-$35,188
Office Expenses$13,403$13,502-$26,905
Other Expenses$2,947$10,658-$13,605
Advertising$4,148$7,175-$11,323
All Other Expenses$5,066$4,419-$9,485
Pension Plan Contributions$8,531$699-$9,230
Total Functional Expenses$4,067,926$596,503$0$4,664,429

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,664,429
Total Expenses per Audited Statements$4,664,429
Total Expenses per Form 990$4,664,429
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,058
Fundraising Direct Expenses$16,018
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Pumpkin R$27,727$27,727$14,135$13,592
Other Fundraisi$6,266$6,266$1,008$5,258
Total Events$33,993$33,993$15,143$18,850
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Deposits$3,850
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
No
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

Members of the board of directors are provided a complete draft copy of the form 990 and supporting schedules for review and approval prior to filing

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

Home life staff are required to read the personnel handbook annually. Board members read the personnel handbook when joining the board and when the handbook is revised. If a conflict is reported, the administrative team takes appropriate action.

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

The executive director's compensation is reviewed annually by the board of directors. The board utilizes comparability studies and other pertinent information to determine the executive director's compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents and home life's form 990 are made available to the public upon request. Home life's form 990 is also available on guidestar.com

Filing and Contact Details

Filer

Filer Name
Home Life Inc
EIN
23-7230042
Phone
5417539015
Address
2068 NW FILMORE AVE, CORVALLIS, OR 97339

Signing Officer

Name
John Hobbs
Title
President
Phone
5417539015
Signed
2020-01-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Zaback
Formed
1972
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
130
Volunteers
100

Preparer

Firm
Accuity LLC
Address
PO BOX 1072, ALBANY, OR 97321-0415
Preparer
Glen O Kearns CPA
Phone
5412235555
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses 0 fundraising expenses 0

Financial Statement Notes

Schedule D, Page 3, Part X

Home life, inc. Is exempt from income taxes under section 501(c)(3) of the internal revenue code. This tax-exempt status can be revoked by the internal revenue service as a result of direct violations of laws and regulations governing 501(c)(3) organizations. The organization's operating policy requires strict adherence to these laws and regulations in order to maintain its tax-exempt status. Management's policy is to engage in activities related to their exempt purpose. Management evaluates tax positions annually based on the guidance in financial accounting standards board (fasb) accounting standards codification (asc) 740. Fasb asc 740 prescribes a comprehensive model for recognizing, measuring, presenting, and disclosing, in the financial statements, tax positions taken or expected to be taken on a tax return, including positions that the organization is exempt from income taxes or not subject to income taxes on unrelated business income. The organization presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable, respectively, that a liability has been incurred for unrecognized income tax benefits. The organization is subject to examination by federal and state income tax authorities for three years from the filing of a tax return.

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

FUNDRAISING EXPENSES 0

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

FUNDRAISING EXPENSES 0

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IRS990/OtherExpensesGrp/Desc0HOUSEHOLD EXPENSES
IRS990/OtherExpensesGrp/Desc1CLIENT EXPENSES
IRS990/OtherExpensesGrp/Desc2IN-SERVICE & EDUCATION
IRS990/OtherExpensesGrp/Desc3STAFF & BOARD
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0699
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08531
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1311610
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IRS990/PYInvestmentIncomeAmt01880
IRS990/PYOtherExpensesAmt0903829
IRS990/PYOtherRevenueAmt029226
IRS990/PYProgramServiceRevenueAmt04769676
IRS990/PYRevenuesLessExpensesAmt0-188891
IRS990/PYSalariesCompEmpBnftPaidAmt04124619
IRS990/PYTotalExpensesAmt05028448
IRS990/PYTotalRevenueAmt04839557
IRS990/ReconcilationRevenueExpnssAmt0155882
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04686997
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0127942
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0118470
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 63,799
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085978
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019733
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt021556
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt063799
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0279265
IRS990ScheduleA/TotalSupportAmt0352249
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt01443
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0251213
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSITS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HOME LIFE, INC. IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS TAX-EXEMPT STATUS CAN BE REVOKED BY THE INTERNAL REVENUE SERVICE AS A RESULT OF DIRECT VIOLATIONS OF LAWS AND REGULATIONS GOVERNING 501(C)(3) ORGANIZATIONS. THE ORGANIZATION'S OPERATING POLICY REQUIRES STRICT ADHERENCE TO THESE LAWS AND REGULATIONS IN ORDER TO MAINTAIN ITS TAX-EXEMPT STATUS. MANAGEMENT'S POLICY IS TO ENGAGE IN ACTIVITIES RELATED TO THEIR EXEMPT PURPOSE. MANAGEMENT EVALUATES TAX POSITIONS ANNUALLY BASED ON THE GUIDANCE IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740. FASB ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING, AND DISCLOSING, IN THE FINANCIAL STATEMENTS, TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, INCLUDING POSITIONS THAT THE ORGANIZATION IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE, RESPECTIVELY, THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAX BENEFITS. THE ORGANIZATION IS SUBJECT TO EXAMINATION BY FEDERAL AND STATE INCOME TAX AUTHORITIES FOR THREE YEARS FROM THE FILING OF A TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GREAT PUMPKIN R
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER FUNDRAISI
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE DRAFT COPY OF THE FORM 990 AND SUPPORTING SCHEDULES FOR REVIEW AND APPROVAL PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOME LIFE STAFF ARE REQUIRED TO READ THE PERSONNEL HANDBOOK ANNUALLY. BOARD MEMBERS READ THE PERSONNEL HANDBOOK WHEN JOINING THE BOARD AND WHEN THE HANDBOOK IS REVISED. IF A CONFLICT IS REPORTED, THE ADMINISTRATIVE TEAM TAKES APPROPRIATE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD UTILIZES COMPARABILITY STUDIES AND OTHER PERTINENT INFORMATION TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$1.65$3.63$6.89$7.62$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$1.08$4.35$6.94$6.77$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$1.17$4.17$5.58$5.94$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$1.31$4.54$6.41$5.65$0.76
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$1.53$3.74$5.82$5.20$0.62
2019Detailed filing. Detailed filing data is available for this year.$4.48$1.36$3.12$4.82$4.66$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.30$1.38$2.91$4.84$5.03$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$1.40$3.10$4.84$4.63$0.21
2016Detailed filing. Detailed filing data is available for this year.$4.31$1.44$2.87$4.18$4.22$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.35$1.44$2.91$3.84$3.74$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.63$0.81$2.82$3.83$3.61$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.86$2.59$3.41
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits