Civic Intelligence

Brethren Care Inc.

990 • Fiscal year 2016 • EIN 34-1095056

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 11, 2017

2140 Center StreetAshland, OH 44805

(419) 289-1585

Siviq Scores

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

Liabilities / Assets

75th percentile

0.59x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.99x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

63rd percentile

6.1%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$246,576

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

54th percentile

3.3%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

1.6%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$25,526,918

Up $813,432 (+3.3%) from 2015

Net Assets

Down

$10,451,339

Down $953,861 (-8.4%) from 2015

Liabilities

Up

$15,075,579

Up $1,767,293 (+13%) from 2015

Revenue

Up

$15,183,280

Up $235,967 (+1.6%) from 2015

Expenses

Up

$14,261,019

Up $237,281 (+1.7%) from 2015

Net Income

Down

$922,261

Down $1,314 (-0.1%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $22,739,925Liabilities 2010: $17,280,008Net Assets 2010: $5,459,9172010Assets 2011: $23,172,913Liabilities 2011: $17,109,955Net Assets 2011: $6,062,9582011Assets 2012: $23,184,335Liabilities 2012: $16,163,494Net Assets 2012: $7,020,8412012Assets 2013: $24,341,479Liabilities 2013: $14,898,439Net Assets 2013: $9,443,0402013Assets 2014: $24,644,638Liabilities 2014: $14,208,055Net Assets 2014: $10,436,5832014Assets 2015: $24,713,486Liabilities 2015: $13,308,286Net Assets 2015: $11,405,2002015Assets 2016: $25,526,918Liabilities 2016: $15,075,579Net Assets 2016: $10,451,3392016Assets 2017: $30,107,941Liabilities 2017: $18,197,086Net Assets 2017: $11,910,8552017Assets 2018: $29,862,672Liabilities 2018: $18,097,522Net Assets 2018: $11,765,1502018Assets 2019: $29,910,779Liabilities 2019: $17,806,851Net Assets 2019: $12,103,9282019Assets 2020: $31,779,812Liabilities 2020: $17,205,365Net Assets 2020: $14,574,4472020Assets 2021: $33,039,248Liabilities 2021: $17,098,136Net Assets 2021: $15,941,1122021Assets 2022: $31,630,115Liabilities 2022: $16,405,091Net Assets 2022: $15,225,0242022Assets 2023: $32,585,486Liabilities 2023: $16,544,287Net Assets 2023: $16,041,1992023Assets 2024: $32,900,887Liabilities 2024: $15,992,825Net Assets 2024: $16,908,0622024

Highlighted filing

2016

Assets$25,526,918
Liabilities$15,075,579
Net Assets$10,451,339

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $13,083,4722010Expenses 2011: $13,454,5452011Expenses 2012: $14,173,5872012Revenue 2013: $14,978,195Expenses 2013: $13,607,749Net Income 2013: $1,370,4462013Revenue 2014: $14,734,582Expenses 2014: $13,628,394Net Income 2014: $1,106,1882014Revenue 2015: $14,947,313Expenses 2015: $14,023,738Net Income 2015: $923,5752015Revenue 2016: $15,183,280Expenses 2016: $14,261,019Net Income 2016: $922,2612016Revenue 2017: $16,103,383Expenses 2017: $15,026,517Net Income 2017: $1,076,8662017Revenue 2018: $16,372,473Expenses 2018: $16,418,878Net Income 2018: -$46,4052018Revenue 2019: $17,118,362Expenses 2019: $17,274,532Net Income 2019: -$156,1702019Revenue 2020: $19,121,842Expenses 2020: $17,048,633Net Income 2020: $2,073,2092020Revenue 2021: $18,821,544Expenses 2021: $17,703,730Net Income 2021: $1,117,8142021Revenue 2022: $19,127,783Expenses 2022: $18,799,276Net Income 2022: $328,5072022Revenue 2023: $19,480,845Expenses 2023: $19,382,192Net Income 2023: $98,6532023Revenue 2024: $20,580,436Expenses 2024: $20,097,510Net Income 2024: $482,9262024

Highlighted filing

2016

Revenue$15,183,280
Expenses$14,261,019
Net Income$922,261
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 11, 2017
Return Version
2016v3.1
Gross Receipts
$15,888,613
Mission and Program Overview

Mission

Brethren care, inc. Operates a retirement community consisting of a 99 bed long-term nursing care facility, 14 independent living units, a 47 bed assisted living facility, a 62 apartment independent living facility and a 15 bed facility for memory impaired residents. The organization provided 84,844 patient days of care in 2016 in its facilities.

Brethren care, inc. Operates a retirement community in ohio for senior individuals providing long-term nursing care, independent living, and assisted living services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,927,729$16,247,280▲ $319,551
Investments in Publicly Traded Securities$3,546,212$3,506,390▼ $39,822
Accounts Receivable$1,028,782$1,722,603▲ $693,821
Savings and Temporary Cash Investments$1,148,989$864,855▼ $284,134
Cash and Non-Interest-Bearing Accounts$410,100$555,970▲ $145,870
Prepaid Expenses and Deferred Charges$329,558$338,052▲ $8,494
Intangible Assets$147,740$0▼ $147,740
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
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$24,713,486$25,526,918▲ $813,432
Other Assets Total$2,174,376$2,291,768▲ $117,392
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,660$12,817,099▲ $12,809,439
Tax Exempt Bond Liabilities$10,845,000$0▼ $10,845,000
Accounts Payable and Accrued Expenses$968,872$2,189,561▲ $1,220,689
Other Liabilities$1,443,211$63,000▼ $1,380,211
Deferred Revenue$24,974$0▼ $24,974
Escrow Account Liability$18,569$5,919▼ $12,650
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$13,308,286$15,075,579▲ $1,767,293
Net Assets / Fund Balance
Unrestricted Net Assets$9,308,488$10,266,024▲ $957,536
Temporarily Rstr Net Assets$2,068,996$185,315▼ $1,883,681
Permanently Rstr Net Assets$27,716$0▼ $27,716
Total Net Assets Fund Balance$11,405,200$10,451,339▼ $953,861
Total Liabilities and Net Assets / Fund Balance$24,713,486$25,526,918▲ $813,432

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,463,948$11,277,078$24,741,026
Other Land Buildings$2,009,135$3,385,159$5,394,294
Land$686,191-$686,191
Equipment$88,006$501,109$589,115
Other Assets Org$213,711--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Troy SnyderCEOFT$184,148$62,428$246,576
Matthew McfarlandCFOFT$76,062$18,679$94,741

Board Members and Trustees

NameTitle
Tim RowseyPresident
Mike HuberVice President
Andrew BushTrustee
Crystal LybargerTrustee
Gayle MartinTrustee
Jay MyersTrustee
Julia JonesTrustee
linda hickeytrustee
Neil HinkleSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
HealthPro RehabTherapy Services1660 Sprague Rd Ste 365, Middleburg Heights, OH 44130$754,298
RDL ArchitectsArchitect Services16102 Chagrin Bld 200, Cleveland, OH 44120$194,851
Senior Pharmacy ServicesPharmacy Services34099 Melinz Parkway, Eastlake, OH 44095$180,669
AJ Home Improvement LLCRoofing ServicesPO Box 971, Ashland, OH 44805$164,000
Omnicare INCPharmacy ServicesPO Box 78000, Detroit, MI 48278$113,654
Revenue and Support

Revenue Composition

Contributions and Grants
$599,016
Program Service Revenue
$14,641,681
Investment Income
$-57,417
Other Revenue
$0
All Other Contributions
$99,016
Change in Net Assets
$922,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,499,865
Other Expenses$5,761,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,905,429$414,485-$6,319,914
Other Employee Benefits$468,808$723,169-$1,191,977
Fees for Services Other$987,080$192,142-$1,179,222
Depreciation Depletion$1,086,065--$1,086,065
Payroll Taxes$279,455$323,689-$603,144
Interest$360,340$147,009-$507,349
Occupancy$465,046$4,841-$469,887
Current Officers, Directors, Trustees, and Key Employees$4,834$336,483-$341,317
All Other Expenses$26,636$218,293-$244,929
Insurance-$222,353-$222,353
Other Expenses$130,518$143,207-$130,518
Office Expenses$44,013$66,224-$110,237
Information Technology-$104,868-$104,868
Travel$15,982$32,429-$48,411
Pension Plan Contributions$18,123$25,390-$43,513
Conferences and Meetings$2,732$25,335-$28,067
Fees for Services Legal-$23,148-$23,148
Fees for Service Investment Mgmnt Fees$6,069$10,814-$16,883
Total Functional Expenses$10,790,700$3,470,319$0$14,261,019
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$63,000
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
Yes
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 Review Process-Form 990, PAGE 6, PART VI, #11B

The return was prepared by an outside CPA firm and provided to the organization's CFO for review. A COPY OF THE FORM 990 is SENT TO EACH BOARD MEMBER FOR THEIR REVIEW AND COMMENTS prior to filing.

Documents Avalaible to the Public-Form 990, PAGE 6, PART VI, #19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Determining Compensation-Form 990, PAGE 6, PART VI, SECTION B, #15

The ceo's salary, benefits, etc. Must be approved by the board. On an annual basis, the board meets to review the ceo's contract. Based on performance, expectations and the economy an increase may be granted. Any increase must be submitted to the human resources and finance departments for implementation.

Conflict of interest policy-Form 990, PAGE 6, PART VI, SECTION B, #12C

Brethren care, inc. Monitors and enforces compliance with its conflict of interest policy by reviewing, on an annual basis, the policy and having each board member sign off.

Filing and Contact Details

Filer

Filer Name
Brethren Care Inc
EIN
34-1095056
In Care Of
% TROY SNYDER
Phone
4192891585
Address
2140 Center Street, Ashland, OH 44805

Signing Officer

Name
Troy Snyder
Title
CEO
Phone
4192891585
Signed
2017-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Snyder
Formed
1970
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
7
Employees
447
Volunteers
160

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
Joseph C Sbrocco CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

Other Changes in Net Assets-Form 990, Page 12, Part XI, #5

Change in valuation of interest in net assets of charitable foundation $(1,960,665), Change in swap value $(181,396), and Termination of Interest Rate Swaps $167,607.

Financial Statement Notes

other income on financial statements not on return

Change in valuation of interest in net assets of charitable foundation $(1,960,665), Change in swap value $(181,396), and Termination of Interest Rate Swaps $167,607.

use of endowment funds

Temporarily restricted net assets are used to differentiate resources, the use of which is restricted by donors or grantors to a specific time period or purpose, from resources on which no restrictions have been placed or that arise from the general operations of the company. Temporarily restricted gifts, grants, bequests, and investment income are recorded as additions to temporarily restricted net assets in the period received, unless the donor-imposed restrictions are met in the same reporting period, in which case the income is reported in unrestricted net assts. Temporarily restricted net assets include a wellness campaign and caring fund, as well as the net assets of the charitable foundation. permanently restricted net assets consist of amounts held in perpetuity or for terms designated by donors. Permanently restricted net assets include building, resident care, educational anc chaplaincy endowments and are included in the net assets of the charitable foundation. Income earned on permanently restricted ent assets was available to fund employee scholarships, facility improvements, chaplain support services, and to subsidize resident care.

Resident funds

Resident funds are held in escrow for their personal use.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
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IRS990/FormationYr01970
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0BRETHREN CARE, INC. OPERATES A RETIREMENT COMMUNITY CONSISTING OF A 99 BED LONG-TERM NURSING CARE FACILITY, 14 INDEPENDENT LIVING UNITS, A 47 BED ASSISTED LIVING FACILITY, A 62 APARTMENT INDEPENDENT LIVING FACILITY AND A 15 BED FACILITY FOR MEMORY IMPAIRED RESIDENTS. THE ORGANIZATION PROVIDED 84,844 PATIENT DAYS OF CARE IN 2016 IN ITS FACILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02174376
IRS990/OtherAssetsTotalGrp/EOYAmt02291768
IRS990/OtherChangesInNetAssetsAmt0-1974454
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0723169
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0468808
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IRS990/OtherExpensesGrp/Desc0MEDICAL & OTHER SUPPLIES
IRS990/OtherExpensesGrp/Desc1FRANCHISE FEES
IRS990/OtherExpensesGrp/Desc2MARKETING
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IRS990/OtherExpensesGrp/TotalAmt3130518
IRS990/OtherLiabilitiesGrp/BOYAmt01443211
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0338052
IRS990/PrincipalOfficerNm0TROY SNYDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0621990
IRS990/ProgramServiceRevenueGrp/Desc0NET SERVICE REVENUE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014641681
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IRS990/PYProgramServiceRevenueAmt014697193
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IRS990/PYSalariesCompEmpBnftPaidAmt08357207
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0500000
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$16.0$16.9$20.6$20.1$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$16.5$16.0$19.5$19.4$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$16.4$15.2$19.1$18.8$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$17.1$15.9$18.8$17.7$1.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.8$17.2$14.6$19.1$17.0$2.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$17.8$12.1$17.1$17.3$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$18.1$11.8$16.4$16.4$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$18.2$11.9$16.1$15.0$1.08
2016Detailed filing. Detailed filing data is available for this year.$25.5$15.1$10.5$15.2$14.3$0.92
2015Detailed filing. Detailed filing data is available for this year.$24.7$13.3$11.4$14.9$14.0$0.92
2014Detailed filing. Detailed filing data is available for this year.$24.6$14.2$10.4$14.7$13.6$1.11
2013Detailed filing. Detailed filing data is available for this year.$24.3$14.9$9.44$15.0$13.6$1.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$16.2$7.02$14.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$17.1$6.06$13.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$17.3$5.46$13.1