Civic Intelligence

Homes for Life Foundation

990 • Fiscal year 2020 • EIN 31-1671140

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 07, 2020

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

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

45th percentile

3.8%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-23%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,209,092

Up $117,322 (+3.8%) from 2019

Net Assets

Up

$3,209,092

Up $117,567 (+3.8%) from 2019

Liabilities

Down

$0

Down $245 (-100%) from 2019

Revenue

Down

$176,124

Down $52,014 (-23%) from 2019

Expenses

Up

$22,597

Up $543 (+2.5%) from 2019

Net Income

Down

$153,527

Down $52,557 (-26%) from 2019

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

2020

Assets$3,209,092
Liabilities$0
Net Assets$3,209,092

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

2020

Revenue$176,124
Expenses$22,597
Net Income$153,527
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 7, 2020
Return Version
2019v5.1
Gross Receipts
$866,408
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$2,877,477$2,998,460▲ $120,983
Savings and Temporary Cash Investments$60,293$56,632▼ $3,661
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,091,770$3,209,092▲ $117,322
Other Assets Total$154,000$154,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$245--
Total Liabilities$245$0▼ $245
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,091,525$3,209,092▲ $117,567
Total Net Assets Fund Balance$3,091,525$3,209,092▲ $117,567
Total Liabilities and Net Assets / Fund Balance$3,091,770$3,209,092▲ $117,322

Asset Categories

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

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,877,477$50,000▲ $88,013-$2,998,460
2018$2,647,549$95,055▲ $150,697-$2,877,477
2017$2,525,807-▲ $137,129-$2,647,549
2016$2,337,222-▲ $202,786-$2,525,807
2015$2,329,105$41,962▼ $20,506-$2,337,222
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul StansburyPresident
Chris GundelVice President
Cw ParkDirector
Elizabeth KriderDirector
Kathryn McbrideDirector
Larry HaramotoDirector
Lois StarrDirector
Madeleine MarmauxDirector
Meressa NaulinDirector
Roger GoffDirector
Stephanie DavisDirector
Teri MchughDirector
Vincent GallowayDirector
David StairsSecretary
Micki EdelsohnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,150
Program Service Revenue
$0
Investment Income
$123,974
Other Revenue
$0
All Other Contributions
$52,150
Change in Net Assets
$153,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,597
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$17,030--$17,030
Conferences and Meetings$1,000--$1,000
Fees for Services Accounting$1,000--$1,000
Office Expenses$781--$781
Insurance$628--$628
Other Expenses$395--$395
All Other Expenses$182--$182
Travel$131--$131
Total Functional Expenses$22,597$0$0$22,597
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 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
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 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
2020-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Micki Edelsohn
Formed
1999
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
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:

ROUNDING 3.

Raw XML AppendixShowing 400 of 445 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/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0153527
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0136249
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060293
IRS990/SavingsAndTempCashInvstGrp/EOYAmt056632
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0HOMES FOR LIFE FOUNDATION CONTINUES TO SOLICIT CONTRIBUTIONS FROM THE COMMUNITY IN SUPPORT OF THE ORGANIZATIONS MISSION. THE ORGNIZATION SOLICITED CONTRIBUTIONS DURING THE FISCAL YEAR. THE ORGANIZATION HAS RECEIVED SOME ONE-TIME CONTRIBUTIONS IN PRIOR YEARS THAT HAVE SKEWED THE NUMBERS. 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/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0163355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0111391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0440183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083155
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt076852
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt069265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt057156
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0370527
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.22840
IRS990ScheduleA/PublicSupportPY170Pct00.21860
IRS990ScheduleA/PublicSupportTotal170Amt0185131
IRS990ScheduleA/SubstantialContributorsTotAmt0255052
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0163355
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0111391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063937
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0440183
IRS990ScheduleA/TotalSupportAmt0810710
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/AdministrativeExpensesAmt017030
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02877477
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02998460
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt088013
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt015824
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02647549
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt095055
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02877477
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0150697
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt015387
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02525807
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02647549
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0137129
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt014201
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02337222
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02525807
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0202786
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt013340
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02329105
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt041962
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02337222
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-20506
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05138
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05138
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS IS PROVIDED A DRAFT COPY OF THE FEDERAL FORM 990 FOR APPROVAL BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING 3.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03091770
IRS990/TotalAssetsEOYAmt03209092
IRS990/TotalAssetsGrp/BOYAmt03091770
IRS990/TotalAssetsGrp/EOYAmt03209092
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt052150
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022597
IRS990/TotalFunctionalExpensesGrp/TotalAmt022597
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0245
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0245
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03091525
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03209092
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt022597
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0123974
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176124
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03091770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03209092
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0131
IRS990/TravelGrp/TotalAmt0131
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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
2020Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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