Civic Intelligence

Evant Inc

990 • Fiscal year 2016 • EIN 34-1223955

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 19, 2017

4500 Hudson DriveStow, OH 44224

(330) 920-1517

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.32x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.17x

Higher debt load relative to revenue than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

26th percentile

-5.4%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

46th percentile

$112,850

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

8th percentile

-11%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-6.3%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,679,664

Down $592,223 (-11%) from 2015

Net Assets

Down

$3,163,407

Down $460,634 (-13%) from 2015

Liabilities

Down

$1,516,257

Down $131,589 (-8.0%) from 2015

Revenue

Down

$8,833,279

Down $598,684 (-6.3%) from 2015

Expenses

Down

$9,309,430

Down $50,719 (-0.5%) from 2015

Net Income

Down

-$476,151

Down $547,965 (-763%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,606,053Liabilities 2010: $1,950,571Net Assets 2010: $3,655,4822010Assets 2011: $5,427,058Liabilities 2011: $2,085,079Net Assets 2011: $3,341,9792011Assets 2012: $5,827,731Liabilities 2012: $2,669,471Net Assets 2012: $3,158,2602012Assets 2013: $5,719,950Liabilities 2013: $2,382,257Net Assets 2013: $3,337,6932013Assets 2014: $5,656,098Liabilities 2014: $2,050,858Net Assets 2014: $3,605,2402014Assets 2015: $5,271,887Liabilities 2015: $1,647,846Net Assets 2015: $3,624,0412015Assets 2016: $4,679,664Liabilities 2016: $1,516,257Net Assets 2016: $3,163,4072016Assets 2017: $2,976,668Liabilities 2017: $83,720Net Assets 2017: $2,892,9482017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$4,679,664
Liabilities$1,516,257
Net Assets$3,163,407

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,601,2962010Expenses 2011: $10,401,9592011Expenses 2012: $10,091,1502012Revenue 2013: $9,783,869Expenses 2013: $9,576,309Net Income 2013: $207,5602013Revenue 2014: $10,035,013Expenses 2014: $9,719,664Net Income 2014: $315,3492014Revenue 2015: $9,431,963Expenses 2015: $9,360,149Net Income 2015: $71,8142015Revenue 2016: $8,833,279Expenses 2016: $9,309,430Net Income 2016: -$476,1512016Revenue 2017: $4,337,743Expenses 2017: $4,717,314Net Income 2017: -$379,5712017Revenue 2018: -$410,150Expenses 2018: $2,489,533Net Income 2018: -$2,899,6832018

Highlighted filing

2016

Revenue$8,833,279
Expenses$9,309,430
Net Income-$476,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 19, 2017
Return Version
2016v3.0
Gross Receipts
$9,072,057
Mission and Program Overview

Mission

Listening to and supporting people with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,831,964$2,696,370▼ $135,594
Accounts Receivable$988,460$867,206▼ $121,254
Investments in Publicly Traded Securities$754,090$591,205▼ $162,885
Savings and Temporary Cash Investments$650,245$439,900▼ $210,345
Prepaid Expenses and Deferred Charges$37,275$77,059▲ $39,784
Cash and Non-Interest-Bearing Accounts$3,200$1,600▼ $1,600
Total Assets$5,271,887$4,679,664▼ $592,223
Other Assets Total$6,653$6,324▼ $329
Liabilities
Accounts Payable and Accrued Expenses$786,962$825,882▲ $38,920
Mortgage Notes Payable Secured by Investment Property$860,884$690,375▼ $170,509
Total Liabilities$1,647,846$1,516,257▼ $131,589
Net Assets / Fund Balance
Unrestricted Net Assets$3,619,740$3,147,407▼ $472,333
Temporarily Rstr Net Assets$4,301$16,000▲ $11,699
Total Net Assets Fund Balance$3,624,041$3,163,407▼ $460,634
Total Liabilities and Net Assets / Fund Balance$5,271,887$4,679,664▼ $592,223

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,064,180$2,379,018$4,443,198
Equipment$91,252$458,356$549,608
Land$502,095-$502,095
Other Land Buildings$38,268$361,341$399,609
Leasehold Improvements$575$23,677$24,252
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jan K ManesExecutive DirectorFT$101,527$11,323$112,850
Lorraine A CoxFINANCE DIRECTOR Beginning JuneFT$48,684-$48,684
Mary CorallFINANCE DIRECTOR Through JulyFT$40,536$3,487$44,023

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$37,630
Program Service Revenue
$8,712,018
Investment Income
$7,263
Other Revenue
$76,368
All Other Contributions
$37,630
Change in Net Assets
$-476,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,382,525
Other Expenses$2,926,905
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,817,036$378,798-$5,195,834
Payroll Taxes$486,795$67,766-$554,561
Other Employee Benefits$373,493$53,080-$426,573
Fees for Services Legal-$280,242-$280,242
All Other Expenses$264,041$10,065-$274,106
Insurance$235,357$36,305-$271,662
Current Officers, Directors, Trustees, and Key Employees-$205,557-$205,557
Occupancy$130,782$65,676-$196,458
Depreciation Depletion$106,726$43,783-$150,509
Office Expenses-$139,516-$139,516
Travel$107,853$21,466-$129,319
Fees for Services Accounting-$59,649-$59,649
Interest$19,661$16,917-$36,578
Advertising-$35,585-$35,585
Other Expenses$22,282$8,759-$31,041
Fees for Services Management$11,120$3,363-$14,483
Fees for Services Other$5,736--$5,736
Conferences and Meetings-$2,635-$2,635
Total Functional Expenses$7,862,698$1,446,732$0$9,309,430
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Maureen IlerBoard memberMaureen has a relative that is a resident at Evant.No$137,732
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
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, Part VI, Section B, line 11B

The Form 990 is reviewed by the Finance Director and the Ways and Means Committee prior to filing.

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

The Executive Committee of the Board monitors compliance with the conflict of interest policy by reviewing completed conflict of interest questionnaires annually. The Board members review and sign a new conflict of interest statement on an annual basis.

Form 990, Part VI, Section B, line 15

The Board of Directors uses comparative data to determine the compensation for the Executive Director and other directors annually.

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
Evant Inc
EIN
34-1223955
Phone
3309201517
Address
4500 HUDSON DRIVE, STOW, OH 44224

Signing Officer

Name
Lorraine A Cox
Title
Finance Director
Phone
3309201517
Signed
2017-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorraine A Cox
Formed
1975
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
8
Employees
342
Volunteers
8

Preparer

Firm
Sikich Llp
Address
274 WHITE POND DRIVE, AKRON, OH 44320-1118
Preparer
Jill M Boyle CPA
Phone
3308646661
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Loss on uncollectible accounts -5,812. Loss on insurance claim -50,000.

Financial Statement Notes

Part IV, Line 1B:

The agency maintains a group checking account for most residents. The agency acts as custodian for most of the individual's personal funds, and assists in the payment of bills and other services for the residents. These assets are not assets of the agency.

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IRS990/PayrollTaxesGrp/TotalAmt0554561
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037275
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077059
IRS990/PrincipalOfficerNm0Lorraine A Cox
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0Medicaid
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24170
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08931985
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYTotalRevenueAmt09431963
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-476151
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046544
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09594875
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt053564
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0215457
IRS990ScheduleA/InvestmentIncomeCYPct00.00450
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010033823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt09780283
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt048016905
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IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0615472
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IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt0628815
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IRS990ScheduleC/GrassrootsCeilingAmt0938202
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt0153868
IRS990ScheduleC/LobbyingCeilingAmt03752802

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