Civic Intelligence

Verland Commons

990 • Fiscal year 2020 • EIN 25-1704606

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

212 Iris RoadSewickley, PA 15143

(412) 741-2375

Siviq Scores

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

Liabilities / Assets

90th percentile

0.75x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

27th percentile

-6.9%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$278,037

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

83rd percentile

51%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

8.7%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$441,458

Up $149,826 (+51%) from 2019

Net Assets

Down

$111,583

Down $41,789 (-27%) from 2019

Liabilities

Up

$329,875

Up $191,615 (+139%) from 2019

Revenue

Up

$609,719

Up $48,595 (+8.7%) from 2019

Expenses

Up

$651,508

Up $61,780 (+10%) from 2019

Net Income

Down

-$41,789

Down $13,185 (-46%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2017: $242,570Liabilities 2017: $68,375Net Assets 2017: $174,1952017Assets 2018: $239,482Liabilities 2018: $57,506Net Assets 2018: $181,9762018Assets 2019: $291,632Liabilities 2019: $138,260Net Assets 2019: $153,3722019Assets 2020: $441,458Liabilities 2020: $329,875Net Assets 2020: $111,5832020Assets 2021: $862,133Liabilities 2021: $824,283Net Assets 2021: $37,8502021Assets 2022: $1,418,999Liabilities 2022: $1,529,077Net Assets 2022: -$110,0782022Assets 2023: $1,455,592Liabilities 2023: $1,600,884Net Assets 2023: -$145,2922023Assets 2024: $1,633,986Liabilities 2024: $1,732,878Net Assets 2024: -$98,8922024

Highlighted filing

2020

Assets$441,458
Liabilities$329,875
Net Assets$111,583

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $510,075Expenses 2017: $521,898Net Income 2017: -$11,8232017Revenue 2018: $559,635Expenses 2018: $551,854Net Income 2018: $7,7812018Revenue 2019: $561,124Expenses 2019: $589,728Net Income 2019: -$28,6042019Revenue 2020: $609,719Expenses 2020: $651,508Net Income 2020: -$41,7892020Revenue 2021: $574,488Expenses 2021: $648,221Net Income 2021: -$73,7332021Revenue 2022: $602,914Expenses 2022: $750,842Net Income 2022: -$147,9282022Revenue 2023: $663,739Expenses 2023: $698,953Net Income 2023: -$35,2142023Revenue 2024: $724,720Expenses 2024: $678,320Net Income 2024: $46,4002024

Highlighted filing

2020

Revenue$609,719
Expenses$651,508
Net Income-$41,789
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.1
Gross Receipts
$609,719
Mission and Program Overview

Mission

To establish, support, maintain, advocate and operate residences and programs for the guidance, education, treatment, and long term care of children and adults with intellectual and developmental disabilities all without regard to race, color, creed, sex, or national origin and with an emphasis on the spiritual, emotional, physical, and social habilitation of the individuals.

Long term residential care to four individuals with intellectual or physical disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$165,576$180,096▲ $14,520
Accounts Receivable$95,699$31,462▼ $64,237
Cash and Non-Interest-Bearing Accounts$3,239$25,558▲ $22,319
Savings and Temporary Cash Investments$20,358$21,061▲ $703
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$291,632$441,458▲ $149,826
Other Assets Total$6,760$183,281▲ $176,521
Liabilities
Other Liabilities$126,989$309,288▲ $182,299
Escrow Account Liability$6,760$14,888▲ $8,128
Accounts Payable and Accrued Expenses$4,511$5,699▲ $1,188
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$138,260$329,875▲ $191,615
Net Assets / Fund Balance
Net Assets With Donor Restrictions$89,721$83,733▼ $5,988
Net Assets Without Donor Restrictions$63,651$27,850▼ $35,801
Total Net Assets Fund Balance$153,372$111,583▼ $41,789
Total Liabilities and Net Assets / Fund Balance$291,632$441,458▲ $149,826

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$76,303$172,989$249,292
Land$86,660-$86,660
Equipment$17,133$8,165$25,298
Other Assets Org$25--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
George RomanoChief of Facilities/OperationsPT$125,083$125,083

Board Members and Trustees

NameTitle
Daniel O'MalleyChairperson
William F HarrigerPresident/CEO
James WattCommunity Director
Jon M ThomasDirector
Raymond HuberDirector
Robert DevlinDirector
Robert C Urban JrController
Carol B MitchellDeputy CEO
Paul B LongSecretary
David P DuesselTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$609,683
Investment Income
$36
Other Revenue
$0
Change in Net Assets
$-41,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$651,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$18,548--$18,548
Other Expenses$16,908--$16,908
Depreciation Depletion$8,905--$8,905
Fees for Services Accounting$5,804--$5,804
Insurance$1,339--$1,339
Fees for Services Legal$269$0$0$269
Travel$173--$173
Total Functional Expenses$651,508$0$0$651,508
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$309,288
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 7A:

All elections of the Corporation's Board, except that of the Director(s) that satisfies the community representation requirement of Section 811(k)(6)(C) of the National Affordable Housing Act (the "Community Representative Director") shall be by the affirmative vote of the majority of the directors of Verland CLA, a Pennsylvania nonprofit corporation and a public charity exempt from taxation under Section 501(c)(3) of the Code, at its annual meeting. Election of the Community Representative Director shall be at the conclusion of the applicable Annual Meeting of the Board and shall be by the affirmative vote of a majority of the members of the Board (excluding those elected Directors whose terms expire that year).

FORM 990, PART VI, SECTION B, LINE 11B:

After approval of the Audit and Finance Committee, the Form 990 is distributed to each Board Member for review. Formal approval of the Form 990 is conducted at a Board Meeting prior to IRS filing.

FORM 990, PART VI, SECTION B, LINE 12C:

Verland has a competitive bid policy for the purchase of significant goods and services (greater than $5,000). The policy applies regardless in the event a Board Member were involved. It is the policy of Verland and affiliates that Board Members recuse themselves from any votes that may represent a conflict of interest.

FORM 990, PART VI, SECTION C, LINE 19:

Documents are available upon request at the corporate office: Verland Commons, 212 Iris Road, Sewickley, PA 15143. Documents are also available through online services such as www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Verland Commons
EIN
25-1704606
In Care Of
% WILLIAM F HARRIGER
Phone
4127412375
Address
212 Iris Road, Sewickley, PA 15143

Signing Officer

Name
William F Harriger
Title
President/CEO
Phone
4127412375
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William F Harriger
Formed
1978
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bdo USA Llp
Address
339 SIXTH AVE 8TH FL, PITTSBURGH, PA 15222
Preparer
Jacob Cook
Phone
4122812501
Supplemental Narrative

Financial Statement Notes

SCHEDULE D, PART IV, LINE 1B:

This amount represents cash held for residents by Verland Commons in which a current asset balance is offset by a current liability balance. Verland administers this fund for Verland Commons. These funds are deposited in an interest-bearing bank account and the interest earned is not reflected in operations.

SCHEDULE D, PART IV, LINE 2B:

This amount represents cash held for residents by Verland Commons in which a current asset balance is offset by a current liability balance. Verland administers this fund for Verland Commons. These funds are deposited in an interest-bearing bank account and the interest earned is not reflected in operations.

SCHEDULE D, PART X, LINE 2:

Accounting principles generally accepted in the United States of America require the Systems management to evaluate tax positions taken by the System and recognize a tax liability (asset) if the System has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. The System is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0To establish, support, maintain, advocate and operate residences and programs for the guidance, education, treatment, and long term care of children and adults with intellectual and developmental disabilities all without regard to race, color, creed, sex, or national origin and with an emphasis on the spiritual, emotional, physical, and social habilitation of the individuals.
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IRS990/PrincipalOfficerNm0WILLIAM F HARRIGER
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0466893

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