Civic Intelligence

Boundless Community Pathways Inc.

990 • Fiscal year 2018 • EIN 31-0794511

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 19, 2019

445 E Dublin-Granville Rd Bldg GWorthington, OH 43085-3192

(937) 461-0034

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.34x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$269,145

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

92nd percentile

53%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

983%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,420,445

Up $1,179,188 (+53%) from 2017

Net Assets

Up

$2,784,751

Up $1,133,723 (+69%) from 2017

Liabilities

Up

$635,694

Up $45,465 (+7.7%) from 2017

Revenue

Up

$1,888,650

Up $1,714,224 (+983%) from 2017

Expenses

Up

$2,315,930

Up $2,043,829 (+751%) from 2017

Net Income

Down

-$427,280

Down $329,605 (-337%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $1,632,519Liabilities 2011: $109,219Net Assets 2011: $1,523,3002011Assets 2012: $1,624,175Liabilities 2012: $99,550Net Assets 2012: $1,524,6252012Assets 2013: $1,817,771Liabilities 2013: $116,181Net Assets 2013: $1,701,5902013Assets 2014: $1,887,393Liabilities 2014: $140,470Net Assets 2014: $1,746,9232014Assets 2015: $1,863,558Liabilities 2015: $118,492Net Assets 2015: $1,745,0662015Assets 2016: $1,834,405Liabilities 2016: $164,811Net Assets 2016: $1,669,5942016Assets 2017: $2,241,257Liabilities 2017: $590,229Net Assets 2017: $1,651,0282017Assets 2018: $3,420,445Liabilities 2018: $635,694Net Assets 2018: $2,784,7512018Assets 2019: $3,429,005Liabilities 2019: $1,238,080Net Assets 2019: $2,190,9252019Assets 2020: $3,291,702Liabilities 2020: $2,020,213Net Assets 2020: $1,271,4892020Assets 2021: $3,256,676Liabilities 2021: $2,621,944Net Assets 2021: $634,7322021Assets 2022: $2,580,196Liabilities 2022: $2,702,869Net Assets 2022: -$122,6732022Assets 2024: $1,895,218Liabilities 2024: $2,534,335Net Assets 2024: -$639,1172024

Highlighted filing

2018

Assets$3,420,445
Liabilities$635,694
Net Assets$2,784,751

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $233,0622011Expenses 2012: $248,5682012Revenue 2013: $326,945Expenses 2013: $228,258Net Income 2013: $98,6872013Revenue 2014: $298,988Expenses 2014: $237,294Net Income 2014: $61,6942014Revenue 2015: $286,453Expenses 2015: $223,482Net Income 2015: $62,9712015Revenue 2016: $38,651Expenses 2016: $135,050Net Income 2016: -$96,3992016Revenue 2017: $174,426Expenses 2017: $272,101Net Income 2017: -$97,6752017Revenue 2018: $1,888,650Expenses 2018: $2,315,930Net Income 2018: -$427,2802018Revenue 2019: $3,070,363Expenses 2019: $3,711,639Net Income 2019: -$641,2762019Revenue 2020: $2,083,748Expenses 2020: $3,003,184Net Income 2020: -$919,4362020Revenue 2021: $2,896,297Expenses 2021: $3,518,249Net Income 2021: -$621,9522021Revenue 2022: $3,700,452Expenses 2022: $4,457,857Net Income 2022: -$757,4052022Revenue 2024: $70,252Expenses 2024: $83,055Net Income 2024: -$12,8032024

Highlighted filing

2018

Revenue$1,888,650
Expenses$2,315,930
Net Income-$427,280
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 19, 2019
Return Version
2018v3.1
Gross Receipts
$2,641,876
Mission and Program Overview

Mission

Building a world that realizes the boundless potential of all people.

To provide employment opportunities, work training, placement services and employment support for individuals with developmental disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$636,332$2,352,072▲ $1,715,740
Investments in Publicly Traded Securities$1,076,811$491,705▼ $585,106
Cash and Non-Interest-Bearing Accounts$215,843$365,171▲ $149,328
Accounts Receivable$134,521$188,724▲ $54,203
Savings and Temporary Cash Investments$163,590$0▼ $163,590
Prepaid Expenses and Deferred Charges$5,572$10,166▲ $4,594
Inventories for Sale or Use$4,388$4,614▲ $226
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
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,241,257$3,420,445▲ $1,179,188
Other Assets Total$4,200$7,993▲ $3,793
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$466,851▼ $33,149
Accounts Payable and Accrued Expenses$90,229$168,843▲ $78,614
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$590,229$635,694▲ $45,465
Net Assets / Fund Balance
Unrestricted Net Assets$1,651,028$2,784,751▲ $1,133,723
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,651,028$2,784,751▲ $1,133,723
Total Liabilities and Net Assets / Fund Balance$2,241,257$3,420,445▲ $1,179,188

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,550,144$6,623$1,556,767
Equipment$378,850$11,850$390,700
Land$384,000-$384,000
Other Land Buildings$39,078$552$39,630
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phil HartjeCEO - Prior to 10/23/18FT$89,271$2,289$91,560

Board Members and Trustees

NameTitle
Stewart KemperChairman - as of 10/23/2018
Jeff LenckePresident - Prior to 10/23/18
Bill ForquerTrustee - as of 10/23/2018
Debbie FreeceTrustee - as of 10/23/2018
Helen MaloneTrustee - as of 10/23/2018
Jameson LettTrustee - as of 10/23/2018
Marc TasseTrustee - as of 10/23/2018
Mary Lynn HohmanTrustee - as of 10/23/2018
Nicole Papa OdegaardTrustee - as of 10/23/2018
Robert JonesTrustee - as of 10/23/2018
Sarah UnderhillTrustee - as of 10/23/2018
Susan RalphTrustee - as of 10/23/2018
Tiffany ThompsonTrustee - as of 10/23/2018
Amy RobertsonTrustee - Prior to 10/23/18
Candise PowellTrustee - Prior to 10/23/18
Christine HammerTrustee - Prior to 10/23/18
Denise GreenTrustee - Prior to 10/23/18
Jean LockwoodTrustee - Prior to 10/23/18
Jim BrownTrustee - Prior to 10/23/18
Josh IsonTrustee - Prior to 10/23/18
Lezley PisoneTrustee - Prior to 10/23/18
Patrick MaynardCEO - as of 10/23/2018
Lori SontagCFO - as of 10/23/2018
Mary Ann KraussSecretary - as of 10/23/2018
Greg WartingerSecretary/tresurer - Pr. 10/23
Doug KilfoyleVP - Prior to 10/23/18
Revenue and Support

Revenue Composition

Contributions and Grants
$2,014
Program Service Revenue
$1,647,285
Investment Income
$56,488
Other Revenue
$182,863
All Other Contributions
$2,014
Change in Net Assets
$-427,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,612,905
Other Expenses$703,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,026,750$289,596-$1,316,346
Fees for Services Management-$140,960-$140,960
Office Expenses$32,374$83,495-$115,869
Payroll Taxes$83,214$23,281-$106,495
Other Employee Benefits$81,758$16,746-$98,504
Current Officers, Directors, Trustees, and Key Employees$71,417$20,143-$91,560
Depreciation Depletion$76,121$6,619-$82,740
Occupancy$64,695$5,627-$70,322
All Other Expenses$6,628$36,320-$42,948
Other Expenses$11,325$19,698-$31,023
Insurance$28,037$2,442-$30,479
Fees for Services Other-$19,050-$19,050
Interest$16,320$917-$17,237
Fees for Services Legal-$15,042-$15,042
Travel$8,795$6,112-$14,907
Total Functional Expenses$1,535,627$780,303$0$2,315,930
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed and approved by the organization's executive director and board prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members and key staff are required to sign a disclosure each year.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and 990 are available upon request.

Form 990, Part VI, Section C, Line 19

The aforementioned forms can be viewed upon request.

Filing and Contact Details

Filer

Filer Name
Monco Enterprises Inc
EIN
31-0794511
In Care Of
% LORI SONTAG
Phone
9374610034
Address
445 E Dublin-Granville Rd Bldg G, Worthington, OH 43085-3192

Signing Officer

Name
Patrick Maynard Phd
Title
CEO
Phone
6148443800
Signed
2019-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Maynard Phd
Formed
1986
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
210
Volunteers
15

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
David M Reape CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Montgomery Board of Develeopmental Disabilites privatized their services in 2018. I Am Boundless, Inc. purchased Adult Day Habilitation Services in early 2018 and the rest of MONCO at the end of 2018.

From 990, Part XII, Line 2C

The exempt orginization was included in a consolidated audit in 2018

Form 990, Part XI, Line 9

Adjustment of land and building to fair market value during acquisition and appraisal. Write off old net book values............($313,737) write up new fmv based on appraisal.....$1,940,000

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IRS990/Form990PartVIISectionAGrp/PersonNm2NICOLE PAPA ODEGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY ANN KRAUSS
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN RALPH
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY LYNN HOHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMESON LETT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARC TASSE
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IRS990/Form990PartVIISectionAGrp/PersonNm16CANDISE POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRISTINE HAMMER
IRS990/Form990PartVIISectionAGrp/PersonNm18JOSH ISON
IRS990/Form990PartVIISectionAGrp/PersonNm19AMY ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm20JIM BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm21LEZLEY PISONE
IRS990/Form990PartVIISectionAGrp/PersonNm22JEAN LOCKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm23BILL FORQUER
IRS990/Form990PartVIISectionAGrp/PersonNm24LORI SONTAG
IRS990/Form990PartVIISectionAGrp/PersonNm25PATRICK MAYNARD
IRS990/Form990PartVIISectionAGrp/PersonNm26PHIL HARTJE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY/TRESURER - PR. 10/23
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE - PRIOR TO 10/23/18
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt24CFO - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt25CEO - AS OF 10/23/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt26CEO - PRIOR TO 10/23/18
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IRS990/FormationYr01986
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt02800
IRS990/GainOrLossGrp/SecuritiesAmt022581
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt02014
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02800
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0775807
IRS990/GrossReceiptsAmt02641876
IRS990/GrossRentsGrp/RealAmt0172903
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt028037
IRS990/InsuranceGrp/TotalAmt030479
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IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE EMPLOYMENT OPPORTUNITIES, WORK TRAINING, PLACEMENT SERVICES AND EMPLOYMENT SUPPORT FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES, THIS MISSION IS ACCOMPLISHED BY MEETING THE WORKFORCE NEEDS OF EMPLOYERS IN THE COMMUNITY AND BY PROVIDING QUALITY PRODUCTS AND SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0500000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0466851
IRS990/NetAssetsOrFundBalancesBOYAmt01651028
IRS990/NetAssetsOrFundBalancesEOYAmt02784751
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt025381
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt025381
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.53$0.64$0.07$0.08$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$2.70$0.12$3.70$4.46$0.76
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$2.62$0.63$2.90$3.52$0.62
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$2.02$1.27$2.08$3.00$0.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$1.24$2.19$3.07$3.71$0.64
2018Detailed filing. Detailed filing data is available for this year.$3.42$0.64$2.78$1.89$2.32$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.59$1.65$0.17$0.27$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.16$1.67$0.04$0.14$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.86$0.12$1.75$0.29$0.22$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.14$1.75$0.30$0.24$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.82$0.12$1.70$0.33$0.23$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.10$1.52$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.11$1.52$0.23