Civic Intelligence

Project Ninety Inc

990 • Fiscal year 2016 • EIN 23-7398688

Jul 01, 2015 to Jun 30, 2016 • Filed on May 13, 2017

720 South B StreetSan Mateo, CA 94401

(650) 579-7881

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.03x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.51x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

50th percentile

2.1%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$122,658

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

16th percentile

-6.2%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

13%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$6,878,433

Down $457,739 (-6.2%) from 2015

Net Assets

Up

-$215,875

Up $255,809 (+54%) from 2015

Liabilities

Down

$7,094,308

Down $713,548 (-9.1%) from 2015

Revenue

Up

$4,685,450

Up $555,923 (+13%) from 2015

Expenses

Up

$4,587,048

Up $109,632 (+2.4%) from 2015

Net Income

Up

$98,402

Up $446,291 (+128%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2012: $8,746,168Liabilities 2012: $8,593,735Net Assets 2012: $152,4332012Assets 2013: $8,317,192Liabilities 2013: $8,076,690Net Assets 2013: $240,5022013Assets 2014: $7,717,347Liabilities 2014: $7,745,810Net Assets 2014: -$28,4632014Assets 2015: $7,336,172Liabilities 2015: $7,807,856Net Assets 2015: -$471,6842015Assets 2016: $6,878,433Liabilities 2016: $7,094,308Net Assets 2016: -$215,8752016Assets 2017: $6,780,446Liabilities 2017: $5,192,264Net Assets 2017: $1,588,1822017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$6,878,433
Liabilities$7,094,308
Net Assets-$215,875

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $5,122,1572012Expenses 2013: $4,363,7482013Revenue 2014: $4,173,415Expenses 2014: $4,518,757Net Income 2014: -$345,3422014Revenue 2015: $4,129,527Expenses 2015: $4,477,416Net Income 2015: -$347,8892015Revenue 2016: $4,685,450Expenses 2016: $4,587,048Net Income 2016: $98,4022016Revenue 2017: $4,713,757Expenses 2017: $3,963,264Net Income 2017: $750,4932017Revenue 2018: $2,369,330Expenses 2018: $2,808,831Net Income 2018: -$439,5012018

Highlighted filing

2016

Revenue$4,685,450
Expenses$4,587,048
Net Income$98,402
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 13, 2017
Return Version
2015v3.0
Gross Receipts
$5,260,148
Mission and Program Overview

Mission

Porject ninety, inc is a human services organization, meeting the needs of individuals, families and the community through alcohol and drug recover services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,171,947$6,509,248▼ $662,699
Accounts Receivable$74,896$270,564▲ $195,668
Cash and Non-Interest-Bearing Accounts$29,352$34,077▲ $4,725
Prepaid Expenses and Deferred Charges$22,325$26,925▲ $4,600
Intangible Assets$20,351$17,519▼ $2,832
Total Assets$7,336,172$6,878,433▼ $457,739
Other Assets Total$17,301$20,100▲ $2,799
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,365,338$5,536,535▼ $828,803
Other Liabilities$1,337,476$1,314,375▼ $23,101
Accounts Payable and Accrued Expenses$105,042$243,398▲ $138,356
Total Liabilities$7,807,856$7,094,308▼ $713,548
Net Assets / Fund Balance
Unrestricted Net Assets$-471,684$-215,875▲ $255,809
Total Net Assets Fund Balance$-471,684$-215,875▲ $255,809
Total Liabilities and Net Assets / Fund Balance$7,336,172$6,878,433▼ $457,739

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,606,154$1,895,133$4,501,287
Land$3,807,270-$3,807,270
Equipment$25,133$403,054$428,187
Leasehold Improvements$70,691$89,487$160,178
Compensation and Service Providers

Employees

NameTitleBaseTotal
James StansberryExecutive Di$122,658$122,658

Board Members and Trustees

NameTitle
Bob SpencerPresident
Bob BurwellBoard Member
Bruce WrightBoard Member
Karen BaileyBoard Member
Lisa BensonBoard Member
Martin SchurrBoard Member
Lisa RosenMember
Dan BakerSecretary
Greg OlsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,837,025
Program Service Revenue
$1,213,751
Investment Income
$493,374
Other Revenue
$141,300
All Other Contributions
$111,620
Change in Net Assets
$98,402

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table225$61,530Fair Market Value
Other Non Cash Contri Table41$11,725Fair Market Value
Total Noncash Contributions266$73,255-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,685,450
Total Revenue per Audited Statements
$4,685,450
Total Revenue per Form 990
$4,685,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,537,460
Other Expenses$1,952,602
Grants and Similar Amounts Paid$96,986
Total Fundraising Expense$35,959
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$931,841$684,117-$1,615,958
Occupancy$577,224$89,933-$667,157
Other Employee Benefits$226,030$367,249-$593,279
Payroll Taxes$162,915$165,308-$328,223
Interest$287,917$32,206-$320,123
Office Expenses$247,295$15,084$4,122$266,501
Depreciation Depletion$8,295$160,393-$168,688
Insurance$7,731$107,971-$115,702
Travel$63,536$43,361-$106,897
Grants to Domestic Individuals$96,986--$96,986
All Other Expenses$41,542$37,692$117$79,351
Other Expenses$39,729$116,817$31,720$31,720
Total Functional Expenses$2,730,958$1,820,131$35,959$4,587,048

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,587,048
Expenses per Audited Statements$4,583,135
Total Expenses per Audited Statements$4,583,135
Expenses Not Reported on Financial Statements$3,913
Other Expense Adjustments$3,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,957
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
Other Liabilities$590,486
Payable-project Ninety Foundation$571,300
Bank Overdraft$152,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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

A copy of the form 990 is porvided to the organization prior to its filing.

Form 990, Page 6, Part VI, Line 19

The organization makes all public doucmentation available upon written request of the board.

Filing and Contact Details

Filer

Filer Name
Project Ninety Inc
EIN
23-7398688
Phone
6505797881
Address
720 SOUTH B STREET, SAN MATEO, CA 94401

Signing Officer

Name
James Stansberry
Title
Executive Director
Phone
6505797881
Signed
2017-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Stansberry
Formed
1973
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
59
Volunteers
20

Preparer

Firm
Hk & Company Llp
Address
675 MARINERS ISLAND BLVD STE 108, SAN MATEO, CA 94404-1040
Preparer
Zhihui Huang CPA
Phone
6505251988
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Special assistance to individuals.

Form 990, Part XI, Line 9

Change in pension liabilities 119,812 bk/tax diff-gain on sales of prop. 33,660 adjustment on fixed asset 23 bk/tax diff-depreciation 3,912 total 157,407

Financial Statement Notes

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

Book / tax depreciation difference 3,913

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
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