Civic Intelligence

Immacolata Manor Homes Inc.

990 • Fiscal year 2015 • EIN 31-1735305

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 11, 2016

2135 Manor WayLiberty, MO 64068

(816) 781-4332

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.25x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

4th percentile

-71%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

90th percentile

$110,502

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 162.2% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

25th percentile

-5.3%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-4.4%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$884,640

Down $49,657 (-5.3%) from 2014

Net Assets

Down

$867,519

Down $48,571 (-5.3%) from 2014

Liabilities

Down

$17,121

Down $1,086 (-6.0%) from 2014

Revenue

Down

$68,131

Down $3,153 (-4.4%) from 2014

Expenses

Down

$116,702

Down $7,006 (-5.7%) from 2014

Net Income

Up

-$48,571

Up $3,853 (+7.3%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $996,606Liabilities 2013: $19,537Net Assets 2013: $977,0692013Assets 2014: $934,297Liabilities 2014: $18,207Net Assets 2014: $916,0902014Assets 2015: $884,640Liabilities 2015: $17,121Net Assets 2015: $867,5192015Assets 2016: $847,690Liabilities 2016: $32,798Net Assets 2016: $814,8922016Assets 2017: $807,896Liabilities 2017: $11,181Net Assets 2017: $796,7152017Assets 2018: $764,763Liabilities 2018: $6,991Net Assets 2018: $757,7722018Assets 2019: $740,514Liabilities 2019: $33,110Net Assets 2019: $707,4042019Assets 2020: $701,112Liabilities 2020: $63,522Net Assets 2020: $637,5902020Assets 2021: $647,795Liabilities 2021: $54,120Net Assets 2021: $593,6752021Assets 2022: $619,735Liabilities 2022: $62,530Net Assets 2022: $557,2052022Assets 2023: $564,949Liabilities 2023: $79,779Net Assets 2023: $485,1702023Assets 2024: $544,198Liabilities 2024: $77,549Net Assets 2024: $466,6492024Assets 2025: $468,346Liabilities 2025: $4,398Net Assets 2025: $463,9482025

Highlighted filing

2015

Assets$884,640
Liabilities$17,121
Net Assets$867,519

Operations Trend

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

$200K$100K$0-$100KExpenses 2013: $114,4632013Revenue 2014: $71,284Expenses 2014: $123,708Net Income 2014: -$52,4242014Revenue 2015: $68,131Expenses 2015: $116,702Net Income 2015: -$48,5712015Revenue 2016: $68,134Expenses 2016: $120,761Net Income 2016: -$52,6272016Revenue 2017: $94,146Expenses 2017: $112,323Net Income 2017: -$18,1772017Revenue 2018: $77,403Expenses 2018: $116,346Net Income 2018: -$38,9432018Revenue 2019: $71,012Expenses 2019: $121,380Net Income 2019: -$50,3682019Revenue 2020: $86,233Expenses 2020: $156,047Net Income 2020: -$69,8142020Revenue 2021: $92,912Expenses 2021: $136,827Net Income 2021: -$43,9152021Revenue 2022: $98,623Expenses 2022: $135,093Net Income 2022: -$36,4702022Revenue 2023: $111,201Expenses 2023: $183,236Net Income 2023: -$72,0352023Revenue 2024: $118,671Expenses 2024: $137,192Net Income 2024: -$18,5212024Revenue 2025: $144,914Expenses 2025: $147,617Net Income 2025: -$2,7032025

Highlighted filing

2015

Revenue$68,131
Expenses$116,702
Net Income-$48,571
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 11, 2016
Return Version
2014v6.0
Gross Receipts
$68,131
Mission and Program Overview

Mission

The project consists of four group homes located in liberty, missouri for persons with developmental disabilities. The homes were constructed from funds provided by a capital advance under section 811 of the national affordable housing act and are regulated by the u.s. Department of housing and urban development.

To provide low-income housing for individuals with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$824,760$768,570▼ $56,190
Accounts Receivable$1,942$5,135▲ $3,193
Cash and Non-Interest-Bearing Accounts$6,450$2,767▼ $3,683
Total Assets$934,297$884,640▼ $49,657
Other Assets Total$101,145$108,168▲ $7,023
Liabilities
Accounts Payable and Accrued Expenses$14,027$13,256▼ $771
Other Liabilities$4,180$3,865▼ $315
Total Liabilities$18,207$17,121▼ $1,086
Net Assets / Fund Balance
Unrestricted Net Assets$916,090$867,519▼ $48,571
Total Net Assets Fund Balance$916,090$867,519▼ $48,571
Total Liabilities and Net Assets / Fund Balance$934,297$884,640▼ $49,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$695,968$479,633$1,175,601
Other Land Buildings$22,006$83,877$105,883
Land$50,596-$50,596
Other Assets Org$104,135--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dale HerrickExecutive Director - retiredPT$110,502$110,502
Julie EdlundExecutive Director - currentFT$3,462$3,462

Board Members and Trustees

NameTitle
Kathleen HermesPresident
Rachelle HochgraberVice President
Andrew RoffmannDirector
Dan JurgensenDirector
Erin LankfordDirector
Jesse SmithDirector
Julie CastilloDirector
Kelly HoeferDirector
Nicole SwansonDirector
Paul TwenterDirector
Roger MoseDirector
Sue MillerDirector
Susie SchneiderSecretary
Jason HesterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$68,003
Investment Income
$128
Other Revenue
$0
Change in Net Assets
$-48,571

Audited Revenue Reconciliation

Revenue per Audited Statements
$68,131
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$68,131
Total Revenue per Form 990
$68,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,702
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
Depreciation Depletion$56,190--$56,190
Occupancy$15,128--$15,128
Fees for Services Accounting-$9,436-$9,436
Insurance$7,524--$7,524
Fees for Services Management-$6,809-$6,809
Office Expenses-$4,018-$4,018
Other Expenses$900--$900
All Other Expenses$709--$709
Total Functional Expenses$96,439$20,263$0$116,702

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$116,702
Total Expenses per Audited Statements$116,702
Total Expenses per Form 990$116,702
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits$3,865
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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 prepared by the Project's public accounting firm and is reviewed by the Project's management. The Form 990 is made available to all Board Members prior to filing with the IRS.

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

Board Members are required to disclose their status with regard to potential conflicts. Board Members do not participate in discussions or voting in situations where they are conflicted.

Form 990, Part VI, Section B, line 15

Not applicable

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Immacolata Manor Homes Inc
EIN
31-1735305
Phone
8167814332
Address
2135 Manor Way, Liberty, MO 64068

Signing Officer

Name
Julie Edlund
Title
Executive Director
Phone
8167814332
Signed
2016-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Edlund
Formed
2000
Legal Domicile
Mo
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
House Park Dobratz & Wiebler PC
Address
605 W 47th Street Suite 301, Kansas City, MO 64112
Preparer
Stanley H House CPA
Phone
8169313393
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Project is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Project's accounting policy is to provide liabilities for uncertain income tax provisions when a liability is probable and estimable. The Project has no uncertain income tax positions for the year ended June 30, 2015. The Project is no longer subject to audits for Federal and state purposes for fiscal years prior to fiscal 2012. Management is not aware of any violations of its tax status as an organization exempt from income taxes.

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IRS990/Form990PartVIISectionAGrp/TitleTxt14Executive Director - retired
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive Director - current
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IRS990/MissionDesc0The project consists of four group homes located in Liberty, Missouri for persons with developmental disabilities. The homes were constructed from funds provided by a capital advance under Section 811 of the National Affordable Housing Act and are regulated by the U.S. Department of Housing and Urban Development.
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IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0916090
IRS990/NetAssetsOrFundBalancesEOYAmt0867519
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt015128
IRS990/OccupancyGrp/TotalAmt015128
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04018
IRS990/OfficeExpensesGrp/TotalAmt04018
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0101145
IRS990/OtherAssetsTotalGrp/EOYAmt0108168
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Maint. & Janitorial Ser
IRS990/OtherExpensesGrp/Desc1Garbage Removal
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Contracts
IRS990/OtherExpensesGrp/ProgramServicesAmt07544
IRS990/OtherExpensesGrp/ProgramServicesAmt14259
IRS990/OtherExpensesGrp/ProgramServicesAmt24185
IRS990/OtherExpensesGrp/ProgramServicesAmt3900
IRS990/OtherExpensesGrp/TotalAmt07544
IRS990/OtherExpensesGrp/TotalAmt14259
IRS990/OtherExpensesGrp/TotalAmt24185
IRS990/OtherExpensesGrp/TotalAmt3900
IRS990/OtherLiabilitiesGrp/BOYAmt04180
IRS990/OtherLiabilitiesGrp/EOYAmt03865
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Julie Edlund
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenues
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt068003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068003
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0202
IRS990/PYOtherExpensesAmt0123708
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt071082
IRS990/PYRevenuesLessExpensesAmt0-52424
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0123708
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt071284
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-48571
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt068003
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0128
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0202
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0916
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt068003
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt071082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt065427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt070950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt071280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0346742
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0128
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0202
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0916
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02080
IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.00730
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99270
IRS990ScheduleA/PublicSupportTotal509Amt0346742
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt068003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt071082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065427
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt070950
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt071280
IRS990ScheduleA/Total509Grp/TotalAmt0346742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt068131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt071284
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt071474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt072196
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0348822
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0695968
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0479633
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01175601
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0116702
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050596
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050596
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04033
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1104135
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Funds held in escrow/ reserve
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022006
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt083877
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0105883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt068131
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Project is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Project's accounting policy is to provide liabilities for uncertain income tax provisions when a liability is probable and estimable. The Project has no uncertain income tax positions for the year ended June 30, 2015. The Project is no longer subject to audits for Federal and state purposes for fiscal years prior to fiscal 2012. Management is not aware of any violations of its tax status as an organization exempt from income taxes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0768570
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0108168
IRS990ScheduleD/TotalExpensesPerForm990Amt0116702
IRS990ScheduleD/TotalLiabilityAmt03865
IRS990ScheduleD/TotalRevenuePerForm990Amt068131
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt068131
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0116702
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by the Project's public accounting firm and is reviewed by the Project's management. The Form 990 is made available to all Board Members prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Members are required to disclose their status with regard to potential conflicts. Board Members do not participate in discussions or voting in situations where they are conflicted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Not applicable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0None

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