Civic Intelligence

Paces Inc.

990 • Fiscal year 2015 • EIN 27-1701100

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

757 Armstrong AvenueKansas City, KS 66101

(913) 233-3300

Siviq Scores

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

Liabilities / Assets

64th percentile

0.40x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.09x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-2.3%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,890,242

Up $433,412 (+18%) from 2014

Net Assets

Up

$1,723,933

Up $445,072 (+35%) from 2014

Liabilities

Down

$1,166,309

Down $11,660 (-1.0%) from 2014

Revenue

Down

$13,508,261

Down $311,853 (-2.3%) from 2014

Expenses

Down

$12,869,449

Down $466,695 (-3.5%) from 2014

Net Income

Up

$638,812

Up $154,842 (+32%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,735,239Liabilities 2011: $2,958,843Net Assets 2011: $2,776,3962011Assets 2012: $2,020,631Liabilities 2012: $879,427Net Assets 2012: $1,141,2042012Assets 2013: $1,876,583Liabilities 2013: $1,161,242Net Assets 2013: $715,3412013Assets 2014: $2,456,830Liabilities 2014: $1,177,969Net Assets 2014: $1,278,8612014Assets 2015: $2,890,242Liabilities 2015: $1,166,309Net Assets 2015: $1,723,9332015Assets 2016: $2,520,385Liabilities 2016: $996,629Net Assets 2016: $1,523,7562016Assets 2017: $2,296,245Liabilities 2017: $1,104,518Net Assets 2017: $1,191,7272017Assets 2018: $3,053,086Liabilities 2018: $1,220,746Net Assets 2018: $1,832,3402018Assets 2019: $2,817,088Liabilities 2019: $1,186,564Net Assets 2019: $1,630,5242019Assets 2020: $3,212,840Liabilities 2020: $2,562,154Net Assets 2020: $650,6862020Assets 2021: $2,801,110Liabilities 2021: $918,220Net Assets 2021: $1,882,8902021Assets 2022: $3,357,336Liabilities 2022: $928,403Net Assets 2022: $2,428,9332022Assets 2023: $3,675,100Liabilities 2023: $962,650Net Assets 2023: $2,712,4502023Assets 2024: $4,198,336Liabilities 2024: $922,784Net Assets 2024: $3,275,5522024

Highlighted filing

2015

Assets$2,890,242
Liabilities$1,166,309
Net Assets$1,723,933

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $11,835,4352011Expenses 2012: $11,595,2652012Expenses 2013: $12,776,0312013Revenue 2014: $13,820,114Expenses 2014: $13,336,144Net Income 2014: $483,9702014Revenue 2015: $13,508,261Expenses 2015: $12,869,449Net Income 2015: $638,8122015Revenue 2016: $11,995,538Expenses 2016: $12,005,099Net Income 2016: -$9,5612016Revenue 2017: $11,341,633Expenses 2017: $10,392,787Net Income 2017: $948,8462017Revenue 2018: $10,688,846Expenses 2018: $9,997,440Net Income 2018: $691,4062018Revenue 2019: $9,779,255Expenses 2019: $10,158,756Net Income 2019: -$379,5012019Revenue 2020: $9,315,789Expenses 2020: $10,341,283Net Income 2020: -$1,025,4942020Revenue 2021: $11,043,476Expenses 2021: $8,754,982Net Income 2021: $2,288,4942021Revenue 2022: $8,425,718Expenses 2022: $8,919,175Net Income 2022: -$493,4572022Revenue 2023: $14,507,987Expenses 2023: $12,620,791Net Income 2023: $1,887,1962023Revenue 2024: $16,663,265Expenses 2024: $13,803,052Net Income 2024: $2,860,2132024

Highlighted filing

2015

Revenue$13,508,261
Expenses$12,869,449
Net Income$638,812
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$13,518,563
Mission and Program Overview

Mission

Paces provides care to wyandotte county youth through case management, individual & family therapy, medication management and psychosocial programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$598,247$1,538,560▲ $940,313
Accounts Receivable$1,295,671$1,164,179▼ $131,492
Pledges and Grants Receivable$340,098$119,054▼ $221,044
Cash and Non-Interest-Bearing Accounts$18,483$39,647▲ $21,164
Prepaid Expenses and Deferred Charges$12,081$12,317▲ $236
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$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
Total Assets$2,314,580$2,890,242▲ $575,662
Other Assets Total$50,000$16,485▼ $33,515
Liabilities
Accounts Payable and Accrued Expenses$665,079$707,047▲ $41,968
Mortgage Notes Payable Secured by Investment Property$436,668$412,213▼ $24,455
Deferred Revenue$33,972$47,049▲ $13,077
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,135,719$1,166,309▲ $30,590
Net Assets / Fund Balance
Unrestricted Net Assets$1,178,861$1,708,856▲ $529,995
Temporarily Rstr Net Assets$0$15,077▲ $15,077
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,178,861$1,723,933▲ $545,072
Total Liabilities and Net Assets / Fund Balance$2,314,580$2,890,242▲ $575,662

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,352,594$171,890$1,524,484
Equipment$38,216$247,753$285,969
Land$147,750-$147,750
Leasehold Improvements$0$1,519$1,519
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mitchell DouglassM.d.FT$230,000$3,634$233,634
Regina CarolinaD.o.FT$196,084$9,460$205,544
Judith RodmanExecutive DirectorFT$42,530$9,003$51,533

Board Members and Trustees

NameTitle
Paul VictorDirector/board Chairperson
Jackie BennettDirector/vice Chairperson
Gloria WillisDirector
Mike BelfonteDirector
Nick MurguiaDirector
Scott CahillDirector
Shawn KaneDirector
Wayne HeadrickDirector
Cynthia LaneDirector/secretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,335,445
Program Service Revenue
$12,163,171
Investment Income
$0
Other Revenue
$9,645
All Other Contributions
$773,465
Change in Net Assets
$638,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,817,251
Other Expenses$3,052,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,918,199$1,884,144-$7,802,343
Other Employee Benefits$862,541$309,309-$1,171,850
Fees for Services Other$562,572$134,333-$696,905
Payroll Taxes$546,937$138,061-$684,998
Office Expenses$290,130$211,967-$502,097
Travel$433,841$34,522-$468,363
Occupancy$246,177$34,641-$280,818
Depreciation Depletion$152,296$89,240-$241,536
Insurance$125,875$18,358-$144,233
Interest$112,185$16,418-$128,603
Current Officers, Directors, Trustees, and Key Employees-$108,747-$108,747
Fees for Services Accounting$6,877$46,815-$53,692
Pension Plan Contributions$29,836$19,477-$49,313
Other Expenses$13,951$23,439-$37,390
All Other Expenses$11,468$17,726-$29,194
Fees for Services Legal-$24,003-$24,003
Advertising$8,271$4,257-$12,528
Information Technology$12,344--$12,344
Conferences and Meetings$177--$177
Total Functional Expenses$9,753,964$3,115,485$0$12,869,449
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,302
Fundraising Gross Income$7,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
LAUA #2$22,575$4,500$1,824$2,676
Heros 4 Healing$27,340$3,000-$3,000
Total Events$49,915$7,500$10,302$-2,802
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Wyandot, inc., a kansas nonprofit corporation, is the sole member of paces, inc. Wyandot, inc. Is designated as the sole member so long as wyandot, inc. Shall continue to qualify as a tax exempt, nonprofit entity recognized under section 501(c)(3) of the irc. Wyandot, inc. Has the right to elect the members of paces, inc's governing body. Wyandot, inc. Has the reserved power to approve significant decisions of paces, inc's governing body. Wyandot, inc. Is not entitled to receive a share of paces, inc's profits, excess dues or a share of paces, inc's net assets upon dissolution. Wyandot inc, being the sole member of paces, inc. Has the right to elect all the board of directors.

Form 990, Part VI, Section A, Line 7A

Wyandot inc, being the sole member of paces, inc. Has the right to elect all the members of the board of directors.

Form 990, Part VI, Section A, Line 7B

Paces, inc. Bylaws vest substantial decision-making authority in the company's board of directors (sec 3.01 of the bylaws). Because the sole member possesses the right to appoint the company's directors, it retains what amounts to an indirect control of or approval of the governing body's decisions. However, the board may directly act without the approval of the sole member.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the 990. The organization's ceo, cfo and accounting staff then review the 990 and address any corrections or clarifications that need to be made. The final 990 with all required schedules is then provided to all voting members of the board after filing.

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

At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director or key employee abstains from the vote of the conflicted position. Annual monitoring and review procedure shall be part of the organization's compliance plan. An appropriate report shall be submitted to the executive committee concerning any interest disclosed.

Form 990, Part VI, Section B, Line 15 A & B

Line 15a: the executive director of paces inc. Is an employee of wyandot, inc, the parent company. As such the executive director reports directly to the president/ceo of wyandot inc. From time to time the president/ceo conducts a performance review and may award a merit increase to the executive director at his discretion within budget guidelines. Line 15b: annual performance reviews are typically conducted in october for employees who were employed prior to jan 1 of that year. The ceo evaluates the performance of his direct reports. Within the framework of the overall amount budgeted for salary increases and cash flow projections being stable, he may elect to give his staff the same percentage of merit increase that all satisfactory employees are entitled to.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
PACES Inc
EIN
27-1701100
In Care Of
% RANDY CALLSTROM
Phone
9132333300
Address
757 Armstrong Avenue, Kansas City, KS 66101

Signing Officer

Name
Randy Callstrom
Title
President/CEO
Phone
9132333315
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Callstrom
Formed
2010
Legal Domicile
Ks
Voting Board Members
9
Independent Board Members
9
Employees
355
Volunteers
10

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Helping kids. Empowering families. Creating hope. Transforming lives. Values - compassion: we demonstrate genuine concern for our youth, families and the needs of the community. - respect: we value the worth of each individual. - trust: we live up to our commitments. - partnerships: we build collaborative relationships with youth, families and the community. - strengths based focus: we seek out and nurture the strengths of each individual. - cultural competency: we respect and honor the diverse values, customs and beliefs of each individual. - innovation: we develop and deliver leading-edge services that are individualized and evidence-based to meet the needs of youth, families and the community.

Form 990, Part III, Line 4A

Paces provides care to wyandotte county youth through case management, individual and family therapy, medication management and psychosocial programming. In partnership with usd 500, paces operates wyandot academy and project success (outreach and continuity of care). Paces also partners with the unified govt of kansas city, ks and wyandotte county in providing services to youth at risk of legal intervention, group therapy for detained youth and an emergency shelter for children in police protective custody. Paces served a total of 3,561 kids. Two innovative new programs were launched: one that provides therapy to 3-5 yr old kids and their families and one that places therapists with select public schools.

Form 990, Part XI, Line 9

Transfer to affiliate $ (93,740)

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt038216
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0247753
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0285969
IRS990ScheduleD/LandGrp/BookValueAmt0147750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0147750

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.20$0.92$3.28$16.7$13.8$2.86
2023Detailed filing. Detailed filing data is available for this year.$3.68$0.96$2.71$14.5$12.6$1.89
2022Detailed filing. Detailed filing data is available for this year.$3.36$0.93$2.43$8.43$8.92$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.80$0.92$1.88$11.0$8.75$2.29
2020Detailed filing. Detailed filing data is available for this year.$3.21$2.56$0.65$9.32$10.3$1.03
2019Detailed filing. Detailed filing data is available for this year.$2.82$1.19$1.63$9.78$10.2$0.38
2018Detailed filing. Detailed filing data is available for this year.$3.05$1.22$1.83$10.7$10.00$0.69
2017Detailed filing. Detailed filing data is available for this year.$2.30$1.10$1.19$11.3$10.4$0.95
2016Detailed filing. Detailed filing data is available for this year.$2.52$1.00$1.52$12.0$12.0$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.89$1.17$1.72$13.5$12.9$0.64
2014Detailed filing. Detailed filing data is available for this year.$2.46$1.18$1.28$13.8$13.3$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$1.16$0.72$12.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.88$1.14$11.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$2.96$2.78$11.8