Civic Intelligence

Home Life Incorporated

990 • Fiscal year 2020 • EIN 23-7230042

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 25, 2021

2068 NW Filmore AveCorvallis, OR 97330

(541) 753-9015

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.29x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.26x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$97,900

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

21%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,269,832

Up $790,948 (+18%) from 2019

Net Assets

Up

$3,743,726

Up $620,239 (+20%) from 2019

Liabilities

Up

$1,526,106

Up $170,709 (+13%) from 2019

Revenue

Up

$5,823,826

Up $1,003,515 (+21%) from 2019

Expenses

Up

$5,203,590

Up $539,161 (+12%) from 2019

Net Income

Up

$620,236

Up $464,354 (+298%) from 2019

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

2020

Assets$5,269,832
Liabilities$1,526,106
Net Assets$3,743,726

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

2020

Revenue$5,823,826
Expenses$5,203,590
Net Income$620,236
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 25, 2021
Return Version
2019v5.0
Gross Receipts
$5,847,252
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$3,399,898$3,400,571▲ $673
Savings and Temporary Cash Investments$118,470$838,179▲ $719,709
Cash and Non-Interest-Bearing Accounts$426,149$519,243▲ $93,094
Accounts Receivable$270,093$232,502▼ $37,591
Prepaid Expenses and Deferred Charges$159,885$172,590▲ $12,705
Investments Other Securities$104,038$104,062▲ $24
Total Assets$4,478,887$5,269,832▲ $790,945
Other Assets Total$354$2,685▲ $2,331
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,063,399$1,016,147▼ $47,252
Accounts Payable and Accrued Expenses$288,148$346,411▲ $58,263
Other Liabilities$3,850$163,548▲ $159,698
Total Liabilities$1,355,397$1,526,106▲ $170,709
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,100,165$3,720,222▲ $620,057
Net Assets With Donor Restrictions$23,325$23,504▲ $179
Total Net Assets Fund Balance$3,123,490$3,743,726▲ $620,236
Total Liabilities and Net Assets / Fund Balance$4,478,887$5,269,832▲ $790,945

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,297,935$1,388,328$3,686,263
Land$861,034-$861,034
Equipment$241,602$299,289$540,891
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave ZabackExecutive DiFT$88,936$8,964$97,900

Board Members and Trustees

NameTitle
John HobbsPresident
-Member
Jade EmmingerMember
Laine HeathcoteMember
Linda HartzelMember
Patti WittrupMember
Wayne LystraMember
Kathryn StroppelSecretary
Andrea CookeTreasurer
Sierra RawsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$743,503
Program Service Revenue
$5,039,846
Investment Income
$1,056
Other Revenue
$39,421
All Other Contributions
$142,859
Change in Net Assets
$620,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,847,252
Revenue Not Reported on Financial Statements
$-23,426
Other Revenue Adjustments
$-23,426
Total Revenue per Audited Statements
$5,847,252
Total Revenue per Form 990
$5,823,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,324,752
Other Expenses$878,838
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,967,800$350,498-$3,318,298
Other Employee Benefits$586,129$54,867-$640,996
Payroll Taxes$243,496$21,225-$264,721
Depreciation Depletion$139,744$20,486-$160,230
Occupancy$150,528$6,598-$157,126
Current Officers, Directors, Trustees, and Key Employees$79,542$9,394-$88,936
Fees for Services Other$48,341$33,336-$81,677
Interest$78,227$3,429-$81,656
Insurance$61,537$12,634-$74,171
Travel$67,666$3,955-$71,621
Fees for Services Accounting$20,840$14,371-$35,211
Office Expenses$21,967$11,462-$33,429
Advertising$5,614$7,175-$12,789
Pension Plan Contributions$10,791$1,010-$11,801
All Other Expenses$3,092$7,513-$10,605
Other Expenses$5,083$4,707-$9,790
Total Functional Expenses$4,621,972$581,618$0$5,203,590

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,227,016
Expenses per Audited Statements$5,203,590
Total Expenses per Form 990$5,203,590
Expenses Not Reported on Form 990$23,426
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,731
Fundraising Direct Expenses$22,725
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Pumpkin R$27,683$27,683$16,733$10,950
Other Fundraisi$6,288$6,288$2,121$4,167
Total Events$39,731$39,731$22,725$17,006
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$159,773
Rental Deposits$3,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 97330

Signing Officer

Name
John Hobbs
Title
President
Phone
5417539015
Signed
2021-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Zaback
Formed
1972
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
10
Employees
189
Volunteers
105

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

Losses reported on return -701 fundraising expenses 22,725 realized losses 701 fundraising expenses -22,725

Financial Statement Notes

Schedule D, Page 3, Part X

The organization 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 -22,725 realized losses -701

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

Fundraising expenses 22,725

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 41,598
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION 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 -22,725 REALIZED LOSSES -701
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 22,725
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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2020Detailed filing. Detailed filing data is available for this year.$5.27$1.53$3.74$5.82$5.20$0.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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. 2020 filings • 501(c)3 • $5M-$10M nonprofits