Civic Intelligence

Rogers Home Inc

990 • Fiscal year 2019 • EIN 27-3471804

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

70 Foster Sheldon RoadWakefield, RI 02879

(401) 447-5281

Siviq Scores

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

Liabilities / Assets

97th percentile

1.75x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

2.61x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

9th percentile

-47%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$8,400

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-10%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$240,459

Down $35,045 (-13%) from 2018

Net Assets

Down

-$180,911

Down $75,486 (-72%) from 2018

Liabilities

Up

$421,370

Up $40,441 (+11%) from 2018

Revenue

Down

$161,292

Down $18,292 (-10%) from 2018

Expenses

Down

$236,778

Down $74,133 (-24%) from 2018

Net Income

Up

-$75,486

Up $55,841 (+43%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2016: $278,537Liabilities 2016: $263,787Net Assets 2016: $14,7502016Assets 2017: $321,569Liabilities 2017: $295,667Net Assets 2017: $25,9022017Assets 2018: $275,504Liabilities 2018: $380,929Net Assets 2018: -$105,4252018Assets 2019: $240,459Liabilities 2019: $421,370Net Assets 2019: -$180,9112019Assets 2020: $184,133Liabilities 2020: $345,522Net Assets 2020: -$161,3892020Assets 2021: $154,228Liabilities 2021: $375,944Net Assets 2021: -$221,7162021

Highlighted filing

2019

Assets$240,459
Liabilities$421,370
Net Assets-$180,911

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $223,511Expenses 2016: $233,787Net Income 2016: -$10,2762016Revenue 2017: $225,802Expenses 2017: $214,648Net Income 2017: $11,1542017Revenue 2018: $179,584Expenses 2018: $310,911Net Income 2018: -$131,3272018Revenue 2019: $161,292Expenses 2019: $236,778Net Income 2019: -$75,4862019Revenue 2020: $217,714Expenses 2020: $198,192Net Income 2020: $19,5222020Revenue 2021: $140,397Expenses 2021: $190,287Net Income 2021: -$49,8902021

Highlighted filing

2019

Revenue$161,292
Expenses$236,778
Net Income-$75,486
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.1
Gross Receipts
$161,292
Mission and Program Overview

Mission

Rehabilitation of individuals

Rehabilitation of individuals with substance abuse issues. To offer shelter and coaching through the rehabilitation process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$236,680$227,310▼ $9,370
Loans From Officers Directors$19,436$49,315▲ $29,879
Accounts Receivable$10,295$8,180▼ $2,115
Cash and Non-Interest-Bearing Accounts$28,529$4,969▼ $23,560
Rtn Earn Endowment Incm Other Fnds$-105,425$-180,911▼ $75,486
Total Assets$275,504$240,459▼ $35,045
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$159,526$193,480▲ $33,954
Mortgage Notes Payable Secured by Investment Property$145,972$140,589▼ $5,383
Unsecured Notes Loans Payable$55,995$37,986▼ $18,009
Total Liabilities$380,929$421,370▲ $40,441
Net Assets / Fund Balance
Total Net Assets Fund Balance$-105,425$-180,911▼ $75,486
Total Liabilities and Net Assets / Fund Balance$275,504$240,459▼ $35,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$202,578$35,343$237,921
Leasehold Improvements$24,279$721$25,000
Equipment$453$4,544$4,997
Other Land Buildings$0$1,500$1,500
Other Assets Org$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Frank T MoreauVie President/treasurerPT$8,400$8,400
Milton Rodgers IiiPresident/secretaryPT$6,089$6,089

Board Members and Trustees

NameTitle
Wilder RogersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$61,962
Program Service Revenue
$99,330
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,426
Change in Net Assets
$-75,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,471
Salaries, Compensation, and Employee Benefits$49,307
Total Fundraising Expense$43,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$69,978$0$0$69,978
All Other Expenses$8,508$753$43,343$52,604
Current Officers, Directors, Trustees, and Key Employees$16,800$31,700$0$48,500
Insurance$23,412$0$0$23,412
Interest$10,338$0$0$10,338
Depreciation Depletion$9,370$0$0$9,370
Fees for Services Management$6,089$0$0$6,089
Advertising$3,512$0$0$3,512
Other Expenses$2,888$0$0$2,888
Fees for Services Legal$0$2,653$0$2,653
Office Expenses$0$1,776$0$1,776
Payroll Taxes$0$807$0$807
Travel$100$0$0$100
Total Functional Expenses$153,305$40,130$43,343$236,778
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffle$39,202$39,202$3,208$35,994
Total Events$39,202$39,202$43,343$-4,141
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-LenderLoan RepaymentNo$39,002
-LenderLoanNo$29,880

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$19,436$49,315▲ $29,879
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rogers Home Inc
EIN
27-3471804
Phone
4014475281
Address
70 FOSTER SHELDON ROAD, WAKEFIELD, RI 02879

Signing Officer

Name
Milton Rogers Iii
Title
President
Phone
4014475281
Signed
2020-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Milton Rogers Iii
Formed
2010
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
1
Employees
1
Volunteers
1

Preparer

Firm
Dennis M DeSantis Ltd
Address
2220 Plainfield Pike, Cranston, RI 02921
Preparer
Dennis M Desantis
Phone
4012725053
Supplemental Narrative

Additional Explanations

Pt VI, Line 4

All activities are listed

Pt VI, Line 1A

There are 3 voting members

Pt VI, Line 15B

By directors of the organization

Pt VIII

All revenues are program related

Pt V, Line 3B

No changes were made to its program revenue

Pt VI, Line 2

A company of an officer is holding a loan

Pt VI, Line 11B

The treasurer reviews the form before filing

Form 990, Part IX, Line 24E

MEALS 4435. 4435. 0. 0.

Form 990, Part IX, Line 24E

Drug testing kits 533. 533. 0. 0.

Form 990, Part IX, Line 24E

Licensing 147. 147. 0. 0.

Form 990, Part IX, Line 24E

Education 529. 529. 0. 0.

Form 990, Part IX, Line 24E

Fundraising costs 43343. 0. 0. 43343.

Form 990, Part IX, Line 24E

Recovery milestone 250. 250. 0. 0.

Form 990, Part IX, Line 24E

DONATION 200. 0. 200. 0.

Form 990, Part IX, Line 24E

Equipment rental 1712. 1712. 0. 0.

Form 990, Part IX, Line 24E

Dues and subscriptions 250. 250. 0. 0.

Form 990, Part IX, Line 24E

Design development 652. 652. 0. 0.

Form 990, Part IX, Line 24E

Paypal fees 14. 0. 14. 0.

Form 990, Part IX, Line 24E

Payroll service fees 539. 0. 539. 0.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt035343
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0237921
IRS990ScheduleD/EquipmentGrp/BookValueAmt0453
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04544
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04997
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt024279
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0721
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NONE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01500
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0227310
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt043343
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03300
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05919
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05919
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039202
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039202
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039202
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039202
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4141
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt030916
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt030916
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03208
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03208
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1WAKE ROBIN 2002
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1LOAN REPAYMENT
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE A FACILITY
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0235024
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0VICE PRESIDENT
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IRS990ScheduleL/TotalBalanceDueAmt049315
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL ACTIVITIES ARE LISTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE 3 VOTING MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY DIRECTORS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REVENUES ARE PROGRAM RELATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES WERE MADE TO ITS PROGRAM REVENUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COMPANY OF AN OFFICER IS HOLDING A LOAN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TREASURER REVIEWS THE FORM BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS 4435. 4435. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DRUG TESTING KITS 533. 533. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LICENSING 147. 147. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EDUCATION 529. 529. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUNDRAISING COSTS 43343. 0. 0. 43343.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12RECOVERY MILESTONE 250. 250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DONATION 200. 0. 200. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14EQUIPMENT RENTAL 1712. 1712. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DUES AND SUBSCRIPTIONS 250. 250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16DESIGN DEVELOPMENT 652. 652. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PAYPAL FEES 14. 0. 14. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18PAYROLL SERVICE FEES 539. 0. 539. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0275504
IRS990/TotalAssetsEOYAmt0240459
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IRS990/TotalContributionsAmt061962
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043343
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040130
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0153305
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236778
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IRS990/TotalLiabilitiesBOYAmt0380929
IRS990/TotalLiabilitiesEOYAmt0421370
IRS990/TotalLiabilitiesGrp/BOYAmt0380929
IRS990/TotalLiabilitiesGrp/EOYAmt0421370
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-105425

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