Civic Intelligence

Exodus Building

990 • Fiscal year 2020 • EIN 27-0526744

Aug 01, 2019 to Jul 31, 2020 • Filed on Dec 14, 2020

322 Front Avenue SWGrand Rapids, MI 49504

(616) 242-9130

Siviq Scores

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

Liabilities / Assets

94th percentile

1.08x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.90x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

1.2%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$63,069

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

63rd percentile

8.3%

Faster revenue growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,167,726

Up $192,577 (+20%) from 2019

Net Assets

Up

-$98,951

Up $16,777 (+14%) from 2019

Liabilities

Up

$1,266,677

Up $175,800 (+16%) from 2019

Revenue

Up

$1,406,434

Up $107,839 (+8.3%) from 2019

Expenses

Up

$1,389,657

Up $74,730 (+5.7%) from 2019

Net Income

Up

$16,777

Up $33,109 (+203%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $1,013,453Liabilities 2012: $1,169,805Net Assets 2012: -$156,3522012Assets 2016: $980,134Liabilities 2016: $1,101,285Net Assets 2016: -$121,1512016Assets 2017: $975,347Liabilities 2017: $1,074,222Net Assets 2017: -$98,8752017Assets 2018: $996,906Liabilities 2018: $1,096,302Net Assets 2018: -$99,3962018Assets 2019: $975,149Liabilities 2019: $1,090,877Net Assets 2019: -$115,7282019Assets 2020: $1,167,726Liabilities 2020: $1,266,677Net Assets 2020: -$98,9512020Assets 2021: $1,167,490Liabilities 2021: $1,155,389Net Assets 2021: $12,1012021Assets 2022: $1,205,295Liabilities 2022: $1,118,799Net Assets 2022: $86,4962022Assets 2023: $1,152,893Liabilities 2023: $1,150,643Net Assets 2023: $2,2502023Assets 2024: $1,067,431Liabilities 2024: $1,152,517Net Assets 2024: -$85,0862024Assets 2025: $1,019,972Liabilities 2025: $1,037,838Net Assets 2025: -$17,8662025

Highlighted filing

2020

Assets$1,167,726
Liabilities$1,266,677
Net Assets-$98,951

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $662,0732012Revenue 2016: $1,060,183Expenses 2016: $985,506Net Income 2016: $74,6772016Revenue 2017: $1,241,155Expenses 2017: $1,218,879Net Income 2017: $22,2762017Revenue 2018: $1,536,216Expenses 2018: $1,536,737Net Income 2018: -$5212018Revenue 2019: $1,298,595Expenses 2019: $1,314,927Net Income 2019: -$16,3322019Revenue 2020: $1,406,434Expenses 2020: $1,389,657Net Income 2020: $16,7772020Revenue 2021: $1,834,903Expenses 2021: $1,723,851Net Income 2021: $111,0522021Revenue 2022: $1,524,262Expenses 2022: $1,453,047Net Income 2022: $71,2152022Revenue 2023: $1,506,766Expenses 2023: $1,591,012Net Income 2023: -$84,2462023Revenue 2024: $1,518,089Expenses 2024: $1,605,425Net Income 2024: -$87,3362024Revenue 2025: $1,660,605Expenses 2025: $1,593,385Net Income 2025: $67,2202025

Highlighted filing

2020

Revenue$1,406,434
Expenses$1,389,657
Net Income$16,777
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Dec 14, 2020
Return Version
2019v5.0
Gross Receipts
$1,414,098
Mission and Program Overview

Mission

Exodus place is a facility for men coming out of homelessness, prisons and difficult life circumstances. Our objective is to help restore the lives of men that have been faced with almost hopeless situations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$962,521$976,995▲ $14,474
Savings and Temporary Cash Investments$7,327$189,855▲ $182,528
Cash and Non-Interest-Bearing Accounts$980--
Accounts Receivable$4,321$876▼ $3,445
Rtn Earn Endowment Incm Other Fnds$-115,728$-98,951▲ $16,777
Total Assets$975,149$1,167,726▲ $192,577
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,003,124$969,566▼ $33,558
Unsecured Notes Loans Payable$44,500$250,000▲ $205,500
Accounts Payable and Accrued Expenses$43,253$47,111▲ $3,858
Total Liabilities$1,090,877$1,266,677▲ $175,800
Net Assets / Fund Balance
Total Net Assets Fund Balance$-115,728$-98,951▲ $16,777
Total Liabilities and Net Assets / Fund Balance$975,149$1,167,726▲ $192,577

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$625,341$195,028$820,369
Land$200,000-$200,000
Equipment$79,341$24,074$103,415
Other Land Buildings$72,313$5,786$78,099
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert MungerCEOFT$63,069$63,069

Board Members and Trustees

NameTitle
Brad GreenoPresident
Cynthia GladynessDirector
Ralph MasonDirector
Mark VandellenSecretary
Doug SheehanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$370,663
Program Service Revenue
$1,019,451
Investment Income
$251
Other Revenue
$16,069
All Other Contributions
$359,199
Change in Net Assets
$16,777

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
Food Inventory142,069$247,200Usda Average Value Per Lb
Total Noncash Contributions142,069$247,200-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$860,653
Salaries, Compensation, and Employee Benefits$529,004
Total Fundraising Expense$60,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,996$95,219$26,661$380,876
Occupancy$130,611$23,049-$153,660
Current Officers, Directors, Trustees, and Key Employees$18,921$37,841$6,307$63,069
Interest$35,491$15,210-$50,701
Payroll Taxes$32,423$11,921$3,338$47,682
Other Employee Benefits$25,417$9,344$2,616$37,377
Depreciation Depletion$31,121$3,281-$34,402
Fees for Services Management$23,491--$23,491
Other Expenses$14,803$4,934-$19,737
Advertising--$19,694$19,694
Insurance$15,764$1,855$927$18,546
Fees for Services Accounting$4,379$13,138-$17,517
All Other Expenses$8,460$2,822-$11,282
Information Technology$795$6,752$397$7,944
Travel$677$6,097-$6,774
Office Expenses$220$3,957$220$4,397
Fees for Services Legal$2,493--$2,493
Total Functional Expenses$1,094,077$235,420$60,160$1,389,657
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,802
Fundraising Direct Expenses$7,372
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$22,802$22,802$7,372$15,430
Total Events$22,802$22,802$7,372$15,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

An electronic copy of the 990 was provided to the board before the return was filed. No formal review has or will take place.

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

Each director, officer, executive director, and member of a committee with governing borad delegated powers shall sign a statment at the beginning of his or her term which affirms such person: a. Has received a copy of the conflict of interest policy, b. Has read and understands the policy, c. Has aggreed to comply with the policy, and d. Understands the orgnaization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax exempts purposes.

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

The compensation for the executive director was determined by the board of directors and meetings were documented. Data was compiled for executive directors for similarly qualified individuals in comparable positions at similar organizations.

Form 990, Page 6, Part VI, Line 19

The governing documents for exodus place will be made available upon request.

Filing and Contact Details

Filer

Filer Name
Exodus Place
EIN
27-0526744
Address
322 FRONT AVENUE SW, GRAND RAPIDS, MI 49504

Signing Officer

Name
Robert Munger
Title
CEO
Signed
2020-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Munger
Formed
2009
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
5
Employees
75
Volunteers
27

Preparer

Firm
Kiekover Scholma & Shumaker Pc
Address
PO BOX 280, ZEELAND, MI 49464-0280
Preparer
Joseph Kuiper
Phone
6167724615
Supplemental Narrative

Additional Explanations

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

Exodus place offers other accomodations for men who have need. These accomodations include laundy, vending machines, and food services.

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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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0780812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1238639
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EXODUS PLACE OFFERS OTHER ACCOMODATIONS FOR MEN WHO HAVE NEED. THESE ACCOMODATIONS INCLUDE LAUNDY, VENDING MACHINES, AND FOOD SERVICES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0355391
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0238639
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0350657
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IRS990/PYInvestmentIncomeAmt0209
IRS990/PYOtherExpensesAmt0806565
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IRS990/PYProgramServiceRevenueAmt0934432
IRS990/PYRevenuesLessExpensesAmt0-16332
IRS990/PYSalariesCompEmpBnftPaidAmt0508362
IRS990/PYTotalExpensesAmt01314927
IRS990/PYTotalRevenueAmt01298595
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/RevenueAmt0780812
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-115728
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-98951
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07327
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0189855
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0370663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0350657
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0534167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0346605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0240265
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01842357
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0146
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0312
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01042253
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0950848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01003123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0897125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0814291
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04707640
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0639
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt04855
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt07682
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt03188
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05627
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt021991
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0312
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01413555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01306360
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01246918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01060183
IRS990ScheduleA/Total509Grp/TotalAmt06571988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01413598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01306402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01545118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01246982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01060200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06572300
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0625341
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0195028
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0820369
IRS990ScheduleD/EquipmentGrp/BookValueAmt079341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0103415
IRS990ScheduleD/LandGrp/BookValueAmt0200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072313
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05786
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt078099
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0976995
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07372
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022802
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022802
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07372
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07372
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt0142069
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0USDA AVERAGE VALUE PER LB
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0247200
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXODUS PLACE OFFERS OTHER ACCOMODATIONS FOR MEN WHO HAVE NEED. THESE ACCOMODATIONS INCLUDE LAUNDY, VENDING MACHINES, AND FOOD SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN ELECTRONIC COPY OF THE 990 WAS PROVIDED TO THE BOARD BEFORE THE RETURN WAS FILED. NO FORMAL REVIEW HAS OR WILL TAKE PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, OFFICER, EXECUTIVE DIRECTOR, AND MEMBER OF A COMMITTEE WITH GOVERNING BORAD DELEGATED POWERS SHALL SIGN A STATMENT AT THE BEGINNING OF HIS OR HER TERM WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGNAIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPTS PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY THE BOARD OF DIRECTORS AND MEETINGS WERE DOCUMENTED. DATA WAS COMPILED FOR EXECUTIVE DIRECTORS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS FOR EXODUS PLACE WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0975149
IRS990/TotalAssetsEOYAmt01167726
IRS990/TotalAssetsGrp/BOYAmt0975149
IRS990/TotalAssetsGrp/EOYAmt01167726
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IRS990/TotalContributionsAmt0370663
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt060160
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0235420
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01094077
IRS990/TotalFunctionalExpensesGrp/TotalAmt01389657
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01090877
IRS990/TotalLiabilitiesEOYAmt01266677
IRS990/TotalLiabilitiesGrp/BOYAmt01090877

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