Civic Intelligence

Hancock County Senior Services Inc.

990 • Fiscal year 2019 • EIN 31-0936007

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 01, 2020

1870 Fields BlvdGreenfield, IN 46140

(317) 462-3758

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$67,800

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

63rd percentile

7.9%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

76th percentile

23%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,783,227

Up $130,160 (+7.9%) from 2018

Net Assets

Up

$1,769,558

Up $139,460 (+8.6%) from 2018

Liabilities

Down

$13,669

Down $9,300 (-40%) from 2018

Revenue

Up

$869,448

Up $159,951 (+23%) from 2018

Expenses

Down

$729,988

Down $30,812 (-4.0%) from 2018

Net Income

Up

$139,460

Up $190,763 (+372%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,673,610Liabilities 2012: $55,251Net Assets 2012: $1,618,3592012Assets 2013: $1,846,003Liabilities 2013: $161,989Net Assets 2013: $1,684,0142013Assets 2014: $1,802,435Liabilities 2014: $112,418Net Assets 2014: $1,690,0172014Assets 2015: $1,737,758Liabilities 2015: $76,685Net Assets 2015: $1,661,0732015Assets 2016: $1,713,540Liabilities 2016: $60,914Net Assets 2016: $1,652,6262016Assets 2017: $1,698,980Liabilities 2017: $17,579Net Assets 2017: $1,681,4012017Assets 2018: $1,653,067Liabilities 2018: $22,969Net Assets 2018: $1,630,0982018Assets 2019: $1,783,227Liabilities 2019: $13,669Net Assets 2019: $1,769,5582019Assets 2020: $2,034,279Liabilities 2020: $47,512Net Assets 2020: $1,986,7672020Assets 2021: $2,010,957Liabilities 2021: $22,256Net Assets 2021: $1,988,7012021Assets 2022: $1,936,812Liabilities 2022: $21,832Net Assets 2022: $1,914,9802022Assets 2023: $2,008,838Liabilities 2023: $23,620Net Assets 2023: $1,985,2182023Assets 2024: $2,108,763Liabilities 2024: $47,473Net Assets 2024: $2,061,2902024

Highlighted filing

2019

Assets$1,783,227
Liabilities$13,669
Net Assets$1,769,558

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $638,8282012Revenue 2013: $666,214Expenses 2013: $650,559Net Income 2013: $15,6552013Revenue 2014: $614,435Expenses 2014: $608,432Net Income 2014: $6,0032014Revenue 2015: $630,920Expenses 2015: $659,864Net Income 2015: -$28,9442015Revenue 2016: $684,127Expenses 2016: $691,674Net Income 2016: -$7,5472016Revenue 2017: $730,746Expenses 2017: $699,854Net Income 2017: $30,8922017Revenue 2018: $709,497Expenses 2018: $760,800Net Income 2018: -$51,3032018Revenue 2019: $869,448Expenses 2019: $729,988Net Income 2019: $139,4602019Revenue 2020: $940,531Expenses 2020: $723,322Net Income 2020: $217,2092020Revenue 2021: $769,576Expenses 2021: $767,642Net Income 2021: $1,9342021Revenue 2022: $856,759Expenses 2022: $771,451Net Income 2022: $85,3082022Revenue 2023: $897,320Expenses 2023: $827,066Net Income 2023: $70,2542023Revenue 2024: $991,471Expenses 2024: $915,399Net Income 2024: $76,0722024

Highlighted filing

2019

Revenue$869,448
Expenses$729,988
Net Income$139,460
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 1, 2020
Return Version
2019v5.0
Gross Receipts
$907,088
Mission and Program Overview

Mission

Agency promotes community awareness of issues, challenges and solutions.

Hancock county senior services, inc. Is a community based not-for-profit agency which is committed to providing comprehensive support services to hancock county residents age 60+ or disabled under age 60 in order that they remain independent and prevent premature institutionalization. In addition, hancock county senior services promotes community awareness of the issues and challenges facing this population and seeks solutions to them. Support mentioned in the mission statement includes public transportation for hancock county, in home services including housekeeping, handyman and respite care, telephone reassurance for seniors, as well as other services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,323,900$1,405,386▲ $81,486
Savings and Temporary Cash Investments$195,513$230,737▲ $35,224
Pledges and Grants Receivable$94,516$106,754▲ $12,238
Investments Other Securities$32,264$35,138▲ $2,874
Accounts Receivable$815$2,632▲ $1,817
Prepaid Expenses and Deferred Charges$5,709$2,230▼ $3,479
Cash and Non-Interest-Bearing Accounts$350$350→ $0
Total Assets$1,653,067$1,783,227▲ $130,160
Liabilities
Accounts Payable and Accrued Expenses$22,969$13,669▼ $9,300
Total Liabilities$22,969$13,669▼ $9,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,553,551$1,746,441▲ $192,890
Net Assets With Donor Restrictions$76,547$23,117▼ $53,430
Total Net Assets Fund Balance$1,630,098$1,769,558▲ $139,460
Total Liabilities and Net Assets / Fund Balance$1,653,067$1,783,227▲ $130,160

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$983,422$172,964$1,156,386
Equipment$171,714$346,399$518,113
Land$250,250-$250,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert LongFormer ExecFT$67,800$67,800

Board Members and Trustees

NameTitle
Michael GillChair
Jinx OberlyVice Chair
Alana LashawayDirector
Amanda EveridgeDirector
Dianne OsborneDirector
Fred WrightDirector
Laura BakerDirector
Liz RuscheDirector
Lynn KleimanDirector
Phyllis PolizottoDirector
Sally BrownDirector
Sally HunterDirector
Susie BroomeDirector
Ron DezeleanFormer Treas
Ann JaggersSecretary
Jane Constantine GardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$625,321
Program Service Revenue
$224,638
Investment Income
$447
Other Revenue
$19,042
All Other Contributions
$52,453
Change in Net Assets
$139,460

Audited Revenue Reconciliation

Revenue per Audited Statements
$869,448
Revenue Not Reported on Form 990
$41,421
Total Revenue per Audited Statements
$910,869
Total Revenue per Form 990
$869,448
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$506,771
Other Expenses$223,217
Total Fundraising Expense$11,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$354,078$40,687$4,694$399,459
Depreciation Depletion$66,804$3,082-$69,886
Current Officers, Directors, Trustees, and Key Employees$60,097$6,906$797$67,800
Payroll Taxes$35,455$3,651$406$39,512
Insurance$35,171$809-$35,980
Occupancy$14,054$1,113$847$16,014
Office Expenses$10,830$210$1,853$12,893
Fees for Services Accounting$10,556$819-$11,375
Travel$7,311$315$45$7,671
Other Expenses$6,605$312$457$7,374
All Other Expenses$6,150$153$969$7,272
Advertising$3,758$74$1,031$4,863
Conferences and Meetings$1,014$50-$1,064
Fees for Services Other$553$40-$593
Total Functional Expenses$659,845$59,044$11,099$729,988

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$771,409
Expenses per Audited Statements$729,988
Total Expenses per Form 990$729,988
Expenses Not Reported on Form 990$41,421
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
Yes
Other officer compensation reviewed
Yes
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

The form 990 is reviewed by the treasurer. If the treasurer has any concerns he/she calls the executive committee to meet and discuss. The treasurer then reports to the board of directors. All directors may request a copy of the 990 at any time.

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

The conflict of interest policy is monitored by having officers, directors and key employees renew new forms and file them in the office after the may annual board meeting.

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

The executive director is evaluated annually by the executive committee. The executive committee approves all changes in salary and makes a recommendation to the board, generally at the end of the year with the proposed upcoming year's budget. The board of directors votes on the annual budget, generally in december. The executive committee makes comparisons of salaries of executive directors of other nonprofit agencies of similar size in central indiana. The comparative salary information is updated regularly by the united way of central indiana and provided to the executive committee as it changes.

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

The executive director evaluates all staff annually and also uses the comparative salary information to recommend staff salaries according to industry standards.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public through its annual report or this information may be requested at any time by any individual.

Filing and Contact Details

Filer

Filer Name
Hancock County Senior Services Inc
EIN
31-0936007
Phone
3174623758
Address
1870 FIELDS BLVD, GREENFIELD, IN 46140

Signing Officer

Name
Suzanne Derengowski
Title
Executive Director
Phone
3174623758
Signed
2020-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Derengowski
Formed
1978
Legal Domicile
In
Voting Board Members
16
Independent Board Members
16
Employees
40
Volunteers
98

Preparer

Firm
Alerding CPA Group
Address
4181 E 96TH ST STE 180, INDIANAPOLIS, IN 46240
Preparer
Robert K Brinkers CPA
Phone
3175694181
Supplemental Narrative

Additional Explanations

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

Respite & assisted care: staff provides respite to relieve a regular caregiver by providing non-medical in-home supervision to frail seniors or the disabled. Assistance is also provided to individuals who need help with activities of daily living. A nominal fee is charged for this service. Outreach: staff provides assistance with insurance and medicaid information and runs errands. Telephone reassurance: volunteers make telephone calls to isolated, frail seniors or the disabled who might otherwise have no outside contact for extended periods of time. Volunteer to the homebound: volunteers provide companionship and assistance with daily household personal management for the frail and homebound to reduce social isolation. Handyman: handyman services include yard maintenance and minor house repairs on a part-time basis.

Form 990, Part XI, Line 9

Fuel tax refund 3,781 rent expenses 37,640 fuel tax refund -3,781 rent expenses -37,640

Financial Statement Notes

Schedule D, Page 3, Part X

Management of the organization evaluates all significant tax positions to ensure compliance with the exempt purpose of the organization as required by u.s. Gaap, including consideration of any unrelated business income tax. As of december 31, 2019, management does not believe the organization has taken any tax positions that are not in compliance with its exempt purpose. The organizations federal and state tax returns remain open and subject to examination beginning with the tax year ended december 31, 2016.

Schedule D, Page 4, Part XI, Line 2D

Fuel tax refund 3,781 rent expenses 37,640

Schedule D, Page 4, Part XII, Line 2D

Fuel tax refund 3,781 rent expenses 37,640

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IRS990/ProgSrvcAccomActy2Grp/Desc0HOMEMAKER: THE STAFF PROVIDES HOUSEKEEPING ASSISTANCE TO SENIORS AND THE DISABLED WHO NEED PART-TIME HELP WITH HOUSEHOLD TASKS SUCH AS LAUNDRY, MEAL PREPARATION AND CLEANING. IN 2019, SERVICES WERE PROVIDED TO 71 INDIVIDUALS FOR A TOTAL OF 2,147 HOURS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0RESPITE & ASSISTED CARE: STAFF PROVIDES RESPITE TO RELIEVE A REGULAR CAREGIVER BY PROVIDING NON-MEDICAL IN-HOME SUPERVISION TO FRAIL SENIORS OR THE DISABLED. ASSISTANCE IS ALSO PROVIDED TO INDIVIDUALS WHO NEED HELP WITH ACTIVITIES OF DAILY LIVING. A NOMINAL FEE IS CHARGED FOR THIS SERVICE. OUTREACH: STAFF PROVIDES ASSISTANCE WITH INSURANCE AND MEDICAID INFORMATION AND RUNS ERRANDS. TELEPHONE REASSURANCE: VOLUNTEERS MAKE TELEPHONE CALLS TO ISOLATED, FRAIL SENIORS OR THE DISABLED WHO MIGHT OTHERWISE HAVE NO OUTSIDE CONTACT FOR EXTENDED PERIODS OF TIME. VOLUNTEER TO THE HOMEBOUND: VOLUNTEERS PROVIDE COMPANIONSHIP AND ASSISTANCE WITH DAILY HOUSEHOLD PERSONAL MANAGEMENT FOR THE FRAIL AND HOMEBOUND TO REDUCE SOCIAL ISOLATION. HANDYMAN: HANDYMAN SERVICES INCLUDE YARD MAINTENANCE AND MINOR HOUSE REPAIRS ON A PART-TIME BASIS.
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