Civic Intelligence

Franklin County Senior Citizens Services Inc.

990 • Fiscal year 2018 • EIN 23-7438286

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 18, 2019

11146 County Park RoadBrookville, IN 47012

(765) 647-3509

Siviq Scores

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

Liabilities / Assets

74th percentile

0.22x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.19x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

33rd percentile

-2.4%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

69th percentile

$56,745

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.7%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$440,080

Down $2,883 (-0.7%) from 2017

Net Assets

Down

$341,339

Down $12,984 (-3.7%) from 2017

Liabilities

Up

$98,741

Up $10,101 (+11%) from 2017

Revenue

Up

$529,421

Up $56,164 (+12%) from 2017

Expenses

Down

$542,351

Down $359 (-0.1%) from 2017

Net Income

Up

-$12,930

Up $56,523 (+81%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $603,652Liabilities 2012: $16,669Net Assets 2012: $586,9832012Assets 2013: $515,377Liabilities 2013: $15,408Net Assets 2013: $499,9692013Assets 2014: $460,112Liabilities 2014: $53,194Net Assets 2014: $406,9182014Assets 2015: $441,875Liabilities 2015: $59,548Net Assets 2015: $382,3272015Assets 2016: $465,137Liabilities 2016: $41,310Net Assets 2016: $423,8272016Assets 2017: $442,963Liabilities 2017: $88,640Net Assets 2017: $354,3232017Assets 2018: $440,080Liabilities 2018: $98,741Net Assets 2018: $341,3392018Assets 2019: $397,752Liabilities 2019: $112,738Net Assets 2019: $285,0142019Assets 2020: $410,956Liabilities 2020: $95,962Net Assets 2020: $314,9942020Assets 2021: $420,344Liabilities 2021: $32,292Net Assets 2021: $388,0522021Assets 2022: $533,985Liabilities 2022: $31,281Net Assets 2022: $502,7042022Assets 2023: $618,803Liabilities 2023: $16,566Net Assets 2023: $602,2372023Assets 2024: $824,385Liabilities 2024: $9,248Net Assets 2024: $815,1372024

Highlighted filing

2018

Assets$440,080
Liabilities$98,741
Net Assets$341,339

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $563,6502012Revenue 2013: $482,731Expenses 2013: $569,710Net Income 2013: -$86,9792013Revenue 2014: $487,855Expenses 2014: $580,864Net Income 2014: -$93,0092014Revenue 2015: $540,995Expenses 2015: $565,544Net Income 2015: -$24,5492015Revenue 2016: $578,782Expenses 2016: $537,232Net Income 2016: $41,5502016Revenue 2017: $473,257Expenses 2017: $542,710Net Income 2017: -$69,4532017Revenue 2018: $529,421Expenses 2018: $542,351Net Income 2018: -$12,9302018Revenue 2019: $509,846Expenses 2019: $566,107Net Income 2019: -$56,2612019Revenue 2020: $528,598Expenses 2020: $498,550Net Income 2020: $30,0482020Revenue 2021: $590,196Expenses 2021: $517,064Net Income 2021: $73,1322021Revenue 2022: $632,968Expenses 2022: $518,236Net Income 2022: $114,7322022Revenue 2023: $637,576Expenses 2023: $537,956Net Income 2023: $99,6202023Revenue 2024: $800,184Expenses 2024: $587,190Net Income 2024: $212,9942024

Highlighted filing

2018

Revenue$529,421
Expenses$542,351
Net Income-$12,930
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 18, 2019
Return Version
2018v3.1
Gross Receipts
$529,421
Mission and Program Overview

Mission

To serve the aged & elderly of franklin county, indiana

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$339,637$340,159▲ $522
Accounts Receivable$85,933$88,581▲ $2,648
Savings and Temporary Cash Investments$5,019$5,802▲ $783
Prepaid Expenses and Deferred Charges$10,030$3,253▼ $6,777
Pledges and Grants Receivable$2,244$2,185▼ $59
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$442,963$440,080▼ $2,883
Liabilities
Mortgage Notes Payable Secured by Investment Property$58,000$59,500▲ $1,500
Accounts Payable and Accrued Expenses$22,156$30,502▲ $8,346
Other Liabilities$8,484$8,739▲ $255
Total Liabilities$88,640$98,741▲ $10,101
Net Assets / Fund Balance
Unrestricted Net Assets$310,585$292,979▼ $17,606
Temporarily Rstr Net Assets$43,738$48,360▲ $4,622
Total Net Assets Fund Balance$354,323$341,339▼ $12,984
Total Liabilities and Net Assets / Fund Balance$442,963$440,080▼ $2,883

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$108,139$387,594$495,733
Buildings$224,141$257,922$482,063
Other Land Buildings$7,879$20,109$27,988
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy PelsorExecutive DiFT$56,745$56,745

Board Members and Trustees

NameTitle
Shirley SeufertPresident
Alfred AlveyBoard Member
Dave WhiteBoard Member
Jeanette MorelandBoard Member
Mary Lou HertelBoard Member
Monty WolfeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$464,787
Program Service Revenue
$56,656
Investment Income
$9
Other Revenue
$7,969
All Other Contributions
$79,833
Change in Net Assets
$-12,930

Audited Revenue Reconciliation

Revenue per Audited Statements
$529,421
Revenue Not Reported on Form 990
$171
Total Revenue per Audited Statements
$529,592
Total Revenue per Form 990
$529,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$337,132
Other Expenses$205,219
Total Fundraising Expense$3,057
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$252,559$3,293-$255,852
Current Officers, Directors, Trustees, and Key Employees$14,187$39,722$2,837$56,746
Occupancy$52,143--$52,143
Depreciation Depletion$36,795--$36,795
Payroll Taxes$20,982$3,332$220$24,534
All Other Expenses$19,447--$19,447
Fees for Services Accounting$10,561$200-$10,761
Other Expenses$7,243--$7,243
Interest-$2,845-$2,845
Advertising$-207--$-207
Total Functional Expenses$489,902$49,392$3,057$542,351

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$542,576
Expenses per Audited Statements$542,351
Total Expenses per Form 990$542,351
Expenses Not Reported on Form 990$225
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Accrued Payroll$7,352
Dpt Indiana W/h Payable$1,283
Dpt Accrued Suta Tax$104
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Form 990 is reviewed and approved by the board prior to filing.

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

The policy is reviewed with management and employees annually. The employee is to notify the board of directors if any conflict of interest arises.

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

The executive director's compensation was reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Co Senior Citizens Service
EIN
23-7438286
Phone
7656473509
Address
11146 COUNTY PARK ROAD, BROOKVILLE, IN 47012

Signing Officer

Name
Dave White
Title
Board Member
Phone
7656473509
Signed
2019-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirley Seufert
Formed
1980
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
21

Preparer

Firm
Rbsk Partners Pc
Address
PO BOX 200, GREENSBURG, IN 47240-0200
Preparer
Ronald J Knueven CPA Cva
Phone
8126637567
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes are not provided for in the financial statements since the agency is exempt from federal and state income taxes under section 501(c) (3) of the internal revenue code and similar state provisions. The agency is not classified as a private foundation. Generally accepted accounting principles in the united states require the agency to examine its tax positions for uncertain positions. Management is not aware of any tax positions that are more likely than not to change in the next twelve months, or that would not sustain an examination by applicable taxing authorities. The agency's policy is to recognize penalties and interest as incurred in its statement of activities as a component of operating expenses, and totaled -0- for december 31, 2018 and 2017. The agency's federal and various state income tax returns for 2015 through 2018 are subject to examination by the applicable tax authorities, generally, for three years after the later of the original or extended due date.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0387594
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DPT INDIANA W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DPT ACCRUED SUTA TAX
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IRS990ScheduleD/RevenueSubtotalAmt0529421
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES ARE NOT PROVIDED FOR IN THE FINANCIAL STATEMENTS SINCE THE AGENCY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE AGENCY IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE THE AGENCY TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THE AGENCY'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, AND TOTALED -0- FOR DECEMBER 31, 2018 AND 2017. THE AGENCY'S FEDERAL AND VARIOUS STATE INCOME TAX RETURNS FOR 2015 THROUGH 2018 ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY, FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED WITH MANAGEMENT AND EMPLOYEES ANNUALLY. THE EMPLOYEE IS TO NOTIFY THE BOARD OF DIRECTORS IF ANY CONFLICT OF INTEREST ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02020-01-14 16:20:31Z

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