Civic Intelligence

Homes for Life Foundation

990 • Fiscal year 2017 • EIN 31-1671140

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 07, 2017

1106 Berkeley RoadWilmington, DE 19807

(302) 571-1217

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,640,128

Up $280,311 (+12%) from 2016

Net Assets

Up

$2,640,128

Up $280,311 (+12%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$188,933

Up $47,601 (+34%) from 2016

Expenses

Up

$33,844

Up $3,005 (+9.7%) from 2016

Net Income

Up

$155,089

Up $44,596 (+40%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,803,193Liabilities 2011: $0Net Assets 2011: $1,803,1932011Assets 2012: $1,721,774Liabilities 2012: $0Net Assets 2012: $1,721,7742012Assets 2013: $1,848,025Liabilities 2013: $0Net Assets 2013: $1,848,0252013Assets 2014: $2,392,091Liabilities 2014: $0Net Assets 2014: $2,392,0912014Assets 2015: $2,347,802Liabilities 2015: $0Net Assets 2015: $2,347,8022015Assets 2016: $2,359,817Liabilities 2016: $0Net Assets 2016: $2,359,8172016Assets 2017: $2,640,128Liabilities 2017: $0Net Assets 2017: $2,640,1282017Assets 2018: $2,799,778Liabilities 2018: $0Net Assets 2018: $2,799,7782018Assets 2019: $3,091,770Liabilities 2019: $245Net Assets 2019: $3,091,5252019Assets 2020: $3,209,092Liabilities 2020: $0Net Assets 2020: $3,209,0922020Assets 2021: $3,826,173Liabilities 2021: $0Net Assets 2021: $3,826,1732021Assets 2022: $3,251,918Liabilities 2022: $0Net Assets 2022: $3,251,9182022Assets 2023: $3,459,342Liabilities 2023: $0Net Assets 2023: $3,459,3422023Assets 2025: $2,830,064Liabilities 2025: $0Net Assets 2025: $2,830,0642025

Highlighted filing

2017

Assets$2,640,128
Liabilities$0
Net Assets$2,640,128

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $207,4072011Expenses 2012: $117,3552012Expenses 2013: $82,4382013Revenue 2014: $504,706Expenses 2014: $85,187Net Income 2014: $419,5192014Revenue 2015: $446,155Expenses 2015: $442,285Net Income 2015: $3,8702015Revenue 2016: $141,332Expenses 2016: $30,839Net Income 2016: $110,4932016Revenue 2017: $188,933Expenses 2017: $33,844Net Income 2017: $155,0892017Revenue 2018: $110,969Expenses 2018: $25,962Net Income 2018: $85,0072018Revenue 2019: $228,138Expenses 2019: $22,054Net Income 2019: $206,0842019Revenue 2020: $176,124Expenses 2020: $22,597Net Income 2020: $153,5272020Revenue 2021: $375,377Expenses 2021: $18,694Net Income 2021: $356,6832021Revenue 2022: $245,752Expenses 2022: $258,513Net Income 2022: -$12,7612022Revenue 2023: $111,112Expenses 2023: $20,900Net Income 2023: $90,2122023Revenue 2025: $245,487Expenses 2025: $710,452Net Income 2025: -$464,9652025

Highlighted filing

2017

Revenue$188,933
Expenses$33,844
Net Income$155,089
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 7, 2017
Return Version
2016v3.0
Gross Receipts
$393,440
Mission and Program Overview

Mission

Construct and furnish homes for men and women with intellectual disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,337,222$2,525,807▲ $188,585
Savings and Temporary Cash Investments$22,595$70,321▲ $47,726
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,359,817$2,640,128▲ $280,311
Other Assets Total$0$44,000▲ $44,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,359,817$2,640,128▲ $280,311
Total Net Assets Fund Balance$2,359,817$2,640,128▲ $280,311
Total Liabilities and Net Assets / Fund Balance$2,359,817$2,640,128▲ $280,311

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$5,138$5,138

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,337,222-▲ $202,786-$2,525,807
2015$2,329,105$41,962▼ $20,506-$2,337,222
2014$1,953,145$357,960▲ $30,865-$2,329,105
2013$1,809,174-▲ $175,067$20,000$1,953,145
2012$1,707,909-▲ $128,556$17,000$1,809,174
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$111,391
Program Service Revenue
$0
Investment Income
$77,542
Other Revenue
$0
All Other Contributions
$111,391
Change in Net Assets
$155,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees$14,201--$14,201
Conferences and Meetings$2,222--$2,222
Office Expenses$1,157--$1,157
Fees for Services Other$1,000--$1,000
Fees for Services Accounting$1,000--$1,000
Insurance$837--$837
Other Expenses$673--$673
Fees for Services Legal$652--$652
All Other Expenses$47--$47
Total Functional Expenses$33,844$0$0$33,844
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Lanny edelsohn - husband micki edelsohn - wife andrew edelsohn - son teri edelsohn - daughter in law

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

The board of directors is provided a draft copy of the federal form 990 for approval before being filed with the irs.

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
Homes for Life Foundation
EIN
31-1671140
Phone
3025711217
Address
1106 BERKELEY ROAD, WILMINGTON, DE 19807

Signing Officer

Name
Micki Edelsohn Treasurer
Title
Treasurer
Phone
3025711217
Signed
2017-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lanny Edelsohn
Formed
1999
Legal Domicile
De
Voting Board Members
15
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Bumpers & Company
Address
1104 PHILADELPHIA PIKE, WILMINGTON, DE 19809-2031
Preparer
Douglas S Kook CPA
Phone
3027983300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Meals and entertainment -22.

Raw XML AppendixShowing 400 of 444 raw XML fields

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/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0111391
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022595
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070321
IRS990ScheduleA/FactsAndCircumstancesTestTxt0HOMES FOR LIFE FOUNDATION CONTINUES TO SOLICIT CONTRIBUTIONS FROM THE COMMUNITY IN SUPPORT OF THE ORGANIZATION'S MISSION. THE ORGANIZATION SOLICITED CONTRIBUTIONS DURING THE FISCAL YEAR. THE ORGANIZATION RECEIVED A ONE-TIME LARGE CONTRIBUTION IN PRIOR YEARS WHICH HAS SKEWED THE PERCENTAGES. THE ORGANIZATION, HOWEVER, NEEDS LARGE CONTRIBUTIONS IN ORDER TO FURNISH AND BUILD HOMES FOR MEN AND WOMEN WITH INTELLECTUAL DISABILITIES. THE BOARD CONTINUES TO LIVE OUT THE MISSION BY SOLICITING FUNDS AND BY FURNISHING AND BUILDING HOMES FOR MEN AND WOMEN WITH INTELLECTUAL DISABILITIES WHICH BENEFITS THE GENERAL PUBLIC.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0111391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0368572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0455801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt080190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01079891
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt069265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt057156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt042555
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt050365
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt063964
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0283305
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.18690
IRS990ScheduleA/PublicSupportPY170Pct00.18600
IRS990ScheduleA/PublicSupportTotal170Amt0254716
IRS990ScheduleA/SubstantialContributorsTotAmt0825175
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0111391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0368572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0455801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt080190
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01079891
IRS990ScheduleA/TotalSupportAmt01363196
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt014201
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02337222
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02525807
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0202786
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt013340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02329105
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt041962
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02337222
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-20506
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt012865
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01953145
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0357960
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02329105
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt030865
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt011096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01809174
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01953145
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0175067
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt020000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt010291
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01707909
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01809174
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128556
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt017000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05138
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05138
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LANNY EDELSOHN - HUSBAND MICKI EDELSOHN - WIFE ANDREW EDELSOHN - SON TERI EDELSOHN - DAUGHTER IN LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS PROVIDED A DRAFT COPY OF THE FEDERAL FORM 990 FOR APPROVAL BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEALS AND ENTERTAINMENT -22.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02359817
IRS990/TotalAssetsEOYAmt02640128
IRS990/TotalAssetsGrp/BOYAmt02359817
IRS990/TotalAssetsGrp/EOYAmt02640128
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0111391
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt033844
IRS990/TotalFunctionalExpensesGrp/TotalAmt033844
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02359817
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02640128
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt033844
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt077542
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0188933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02359817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02640128
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02359817
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02640128

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.00$2.83$0.25$0.71$0.46
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.00$3.46$0.11$0.02$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.00$3.25$0.25$0.26$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$0.00$3.83$0.38$0.02$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.00$3.21$0.18$0.02$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.00$3.09$0.23$0.02$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.00$2.80$0.11$0.03$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.19$0.03$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.00$2.36$0.14$0.03$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.45$0.44$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.50$0.09$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.00$1.72$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$0.21