Civic Intelligence

Curry Senior Center

990 • Fiscal year 2017 • EIN 23-7362588

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 19, 2018

333 Turk StreetSan Francisco, CA 94102

(415) 885-2274

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.61x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

38th percentile

-0.4%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$129,586

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$4,353,910

No earlier filing loaded for comparison.

Net Assets

$2,517,166

No earlier filing loaded for comparison.

Liabilities

$1,836,744

No earlier filing loaded for comparison.

Revenue

$3,010,435

No earlier filing loaded for comparison.

Expenses

$3,023,504

No earlier filing loaded for comparison.

Net Income

-$13,069

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.

$10M$5.0M$0Assets 2017: $4,353,910Liabilities 2017: $1,836,744Net Assets 2017: $2,517,1662017Assets 2018: $4,491,961Liabilities 2018: $1,795,502Net Assets 2018: $2,696,4592018Assets 2019: $4,200,423Liabilities 2019: $1,497,653Net Assets 2019: $2,702,7702019Assets 2020: $5,052,539Liabilities 2020: $2,188,876Net Assets 2020: $2,863,6632020Assets 2021: $4,756,915Liabilities 2021: $1,648,545Net Assets 2021: $3,108,3702021Assets 2022: $4,644,561Liabilities 2022: $1,634,322Net Assets 2022: $3,010,2392022Assets 2023: $7,424,779Liabilities 2023: $3,283,848Net Assets 2023: $4,140,9312023Assets 2024: $9,044,509Liabilities 2024: $3,155,392Net Assets 2024: $5,889,1172024

Highlighted filing

2017

Assets$4,353,910
Liabilities$1,836,744
Net Assets$2,517,166

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $3,010,435Expenses 2017: $3,023,504Net Income 2017: -$13,0692017Revenue 2018: $3,783,825Expenses 2018: $3,634,136Net Income 2018: $149,6892018Revenue 2019: $4,259,813Expenses 2019: $4,253,502Net Income 2019: $6,3112019Revenue 2020: $4,900,124Expenses 2020: $4,739,231Net Income 2020: $160,8932020Revenue 2021: $5,452,433Expenses 2021: $5,207,726Net Income 2021: $244,7072021Revenue 2022: $5,394,948Expenses 2022: $5,493,079Net Income 2022: -$98,1312022Revenue 2023: $7,937,526Expenses 2023: $6,828,548Net Income 2023: $1,108,9782023Revenue 2024: $10,565,559Expenses 2024: $8,852,224Net Income 2024: $1,713,3352024

Highlighted filing

2017

Revenue$3,010,435
Expenses$3,023,504
Net Income-$13,069
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$3,097,502
Mission and Program Overview

Mission

To provide services to seniors that promote independent living while maintaining their dignity and self-esteem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,183,904$3,065,528▼ $118,376
Investments in Publicly Traded Securities$278,254$458,288▲ $180,034
Savings and Temporary Cash Investments$223,917$388,858▲ $164,941
Pledges and Grants Receivable$596,325$253,293▼ $343,032
Accounts Receivable$37,416$12,442▼ $24,974
Prepaid Expenses and Deferred Charges$5,735$10,609▲ $4,874
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,484,810$4,353,910▼ $130,900
Other Assets Total$158,959$164,592▲ $5,633
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,340,429$1,314,629▼ $25,800
Other Liabilities$317,156$219,920▼ $97,236
Accounts Payable and Accrued Expenses$167,950$187,211▲ $19,261
Deferred Revenue$129,040$114,984▼ $14,056
Total Liabilities$1,954,575$1,836,744▼ $117,831
Net Assets / Fund Balance
Unrestricted Net Assets$2,198,919$2,148,097▼ $50,822
Permanently Rstr Net Assets$200,000$200,000→ $0
Temporarily Rstr Net Assets$131,316$169,069▲ $37,753
Total Net Assets Fund Balance$2,530,235$2,517,166▼ $13,069
Total Liabilities and Net Assets / Fund Balance$4,484,810$4,353,910▼ $130,900

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,757,401$1,571,905$4,329,306
Equipment$120,855$258,905$379,760
Land$187,272-$187,272
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David KnegoExecutive DirectorFT$129,586$129,586
Anna KuoNurse PractitionerFT$117,472$117,472

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,828,785
Program Service Revenue
$47,685
Investment Income
$9,109
Other Revenue
$124,856
All Other Contributions
$456,705
Change in Net Assets
$-13,069

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,010,435
Revenue Not Reported on Form 990
$137,067
Total Revenue per Audited Statements
$3,147,502
Total Revenue per Form 990
$3,010,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,245,005
Other Expenses$778,499
Total Fundraising Expense$217,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,252,219$172,238$133,649$1,558,106
Current Officers, Directors, Trustees, and Key Employees$140,430$117,101-$257,531
Other Employee Benefits$198,411$30,450$12,302$241,163
Payroll Taxes$119,323$24,702$11,410$155,435
Occupancy$148,133$3,018-$151,151
All Other Expenses$75,950$14,749$39,984$130,683
Depreciation Depletion$117,719$657-$118,376
Insurance$43,143$403$559$44,105
Other Expenses$41,175$25,009$3,121$41,175
Pension Plan Contributions$23,928$6,049$2,793$32,770
Office Expenses$30,137$1,922$52$32,111
Fees for Services Accounting$4,700$27,000-$31,700
Total Functional Expenses$2,340,492$465,413$217,599$3,023,504

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,160,571
Expenses per Audited Statements$3,023,504
Total Expenses per Form 990$3,023,504
Expenses Not Reported on Form 990$137,067
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$208,737
Fundraising Direct Expenses$87,067
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$187,987$187,987$82,148$105,839
Bocce$20,750$20,750$4,919$15,831
Total Events$208,737$208,737$87,067$121,670
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advance$219,920
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Each board of director is given a copy of the form 990 to review prior to approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization monitors and enforces the conflicts policy on a on going basis,as well as reminding the directors regarding the conflicts of interest.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The consultant compares agency salaries to various compensation surveys and publicized salary rates. HR Committee, Finance Committee make recommendations to the Board who votes on salaries.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All of these documents are available upon request. In addition, twice a year the organization has an "open" Board meeting when any member of the organization or public can attend the meeting.

Filing and Contact Details

Filer

Filer Name
Curry Senior Center
EIN
23-7362588
Phone
4158852274
Address
333 Turk Street, San Francisco, CA 94102

Signing Officer

Name
David Knego
Title
Executive Director
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
53
Volunteers
17

Preparer

Firm
Allan Liu CPA
Address
201 WILLOW AVE, MILLBRAE, CA 94030-2536
Preparer
Allan Liu
Phone
6506921172
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising expenses-netted $87067

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising expenses $87067

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IRS990/Desc0During the fiscal year 2016-2017Curry Senior Center served approximately 2,500 older adults (age 55 and older) and provided a range of health, social services, nutrition and housing support. Core activities include:Behavioral Health ProgramsCurry Senior Centers Behavioral Health Program includes both Substance Abuse and Mental Health Services. Both services include individual and group counseling sessions as well as home visits to frail and homebound elders. In FY 2016-17, 53 clients received 856 hours of Substance Abuse Services and 24 clients received 304 hours of mental health services.Case Management The Curry Senior Center Case Management team links elders to appropriate support, enabling them to remain living independently in their home. This includes assistance with receiving meals, homemaking, benefit paperwork, housing applications and much more. In 2016-17, 373 clients benefitted from 8,374 case management sessions.Dining RoomCongregate meals are provided twice daily 365 days/year. In 2016-17, 895 seniors participated with 48,220 breakfast meals served and 70,318 lunch meals served. Total meals served was 118,538.Housing ServicesCurry Senior Center provides 13 units of permanent housing for formerly homeless seniors. During 2016-17, the overall occupancy rate was 100%. Curry also started two new Housing Based Supportive Services programs in 2016-17. Curry began providing on-site case management supportive services to 88-residents of the Cadillac Hotel, owned by Reality House West. Curry also began a Wellness Nursing Pilot program with Tenderloin Neighborhood Development Corporation in three of their senior buildings. Primary Health Care ServicesPrimary care services include a range of primary medical care services provided by physicians and nurse practitioners in the clinic and in clients homes, as well as Podiatry, Medication Management and Ophthalmological diagnostic testing. During 2016-17, 1,244 patients were seen and 7,101 service visits were provided.Senior CenterCurry Senior Centers Community or Senior Center Programs include a wide range of socialization, education, nutrition, translation and computer services to the Tenderloin's multi-ethnic community. Programs are provided in partnership with the Community Living Campaign, Community Technology Network, Open House, Self-Help for the Elderly, and the Shanti Project. Staff also assist with translation in the Primary Care Clinic to ensure accurate communication between medical providers and clients. During this year, 851 clients were served and 4,629 hours of service were provided. Curry also started a new outreach program for LGBT seniors in collaboration with the Shanti Project, serving 56 seniors with 221 service hours.Social Isolation OutreachCurry continued into the third year of a five-year pilot program organizing senior peers to reach out and connect with socially isolated older adults. The goals of the program is to link unconnected seniors to a variety of program services. During 2016-17, connections were made with 61 seniors with a total of 1,400 contacts.
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