Civic Intelligence

Advent Ministries Inc

EIN 34-1313896 • 501(c)3 • Olmsted Township, OH

990-N Coverage

Profile

Advent inc provides job training to chronically unemployed people in lorain county.

27301 Schady RoadOlmsted Township, OH 44138

www.adventtoday.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

63rd percentile

9.3%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

86th percentile

$12,019

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-11%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $1,377 (-100%) from 2014

Liabilities

Down

$0

Down $7,649 (-100%) from 2014

Net Assets

Up

$0

Up $6,272 (+100%) from 2014

Revenue

Down

$67,430

Down $8,536 (-11%) from 2014

Expenses

Down

$61,158

Down $16,470 (-21%) from 2014

Net Income

Up

$6,272

Up $7,934 (+477%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2010: $50,775Liabilities 2010: $0Net Assets 2010: $50,7752010Assets 2011: $6,776Liabilities 2011: $0Net Assets 2011: $6,7762011Assets 2012: $3,140Liabilities 2012: $6,460Net Assets 2012: -$3,3202012Assets 2013: $3,073Liabilities 2013: $7,683Net Assets 2013: -$4,6102013Assets 2014: $1,377Liabilities 2014: $7,649Net Assets 2014: -$6,2722014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $43,151Expenses 2010: $35,880Net Income 2010: $7,2712010Revenue 2011: $45,590Expenses 2011: $89,589Net Income 2011: -$43,9992011Revenue 2012: $82,133Expenses 2012: $92,229Net Income 2012: -$10,0962012Revenue 2013: $84,136Expenses 2013: $85,426Net Income 2013: -$1,2902013Revenue 2014: $75,966Expenses 2014: $77,628Net Income 2014: -$1,6622014Revenue 2015: $67,430Expenses 2015: $61,158Net Income 2015: $6,2722015

Highlighted filing

2015

Revenue$67,430
Expenses$61,158
Net Income$6,272

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 23, 2016
Return Version
2014v6.0
Gross Receipts
$90,036
Mission and Program Overview

Mission

Advent inc provides job training to chronically unemployed people in lorain county.

Program Services

DescriptionGrantsExpenses
ADVENT INDUSTRIES PROVIDES JOB AND EMPLOYMENT TRAINING FOR CHRONICALLY UNEMPLOYED PEOPLE. THE CURRENT TRAINING PROVIDES PRACTICAL WOODWORKING SKILLS BY MAKING BUNK BEDS AVAILABLE TO THE PUBLIC.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED PADLEYPresidentFT$12,019-$12,019
ED WACKERVice PresidentPT$0--
GERRY WOHLFIELDSecretary/TreasurerPT$0--
DAVID SZAFRANSKITrustee-$0--
TERRY LITTTrustee-$0--
PAUL CRUZTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Advent Ministries Inc
EIN
34-1313896
Phone
4402354971
Address
27301 SCHADY ROAD, OLMSTED TOWNSHIP, OH 44138

Signing Officer

Name
Ed Padley
Title
President
Phone
4402354971
Signed
2016-01-23
Discuss with paid preparer
Yes

Preparer

Firm
Radachi and Company
Address
900 EAST BROAD STREET SUITE A, ELYRIA, OH 44035
Preparer
Richard R Radachi
Phone
4403653115
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 41,393. Returns and allowances: 0. Less cost of goods sold: 22,606. Gross profit: 18,787. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 0. Other costs: 22,606. Inventory at end of year: 0. Cost of goods sold: 22,606.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: workers' compensation taxes. Amount: 278. Description: conference & meetings. Amount: 2,103. Description: depreciation. Amount: 403. Description: office expense. Amount: 4,028. Description: payroll taxes. Amount: 6,780. Description: miscellaneous expense. Amount: 4,255. Description: maintenance and repairs. Amount: 243. Description: donations. Amount: 155. Description: loss on sale. Amount: 517. Total to form 990-ez, line 16: 18,762.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 990. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 7,649. End of year amount: 0.

Raw XML Appendix193 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt018762
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ADVENT INC PROVIDES JOB TRAINING TO CHRONICALLY UNEMPLOYED PEOPLE IN LORAIN COUNTY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07649
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0SHOP TOOLS AND EQUIPMENT, AND OFFICE FURNITURE AND CABINETS.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0BEYOND THE WALLS CHURCH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02015-02-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0273318485
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt020000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0AGREED ON SELLING PRICE OF ASSETS.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt06121 WEST RIVER STREET SOUTH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ELYRIA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 41,393. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 22,606. GROSS PROFIT: 18,787. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 22,606. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 22,606.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: WORKERS' COMPENSATION TAXES. AMOUNT: 278. DESCRIPTION: CONFERENCE & MEETINGS. AMOUNT: 2,103. DESCRIPTION: DEPRECIATION. AMOUNT: 403. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 4,028. DESCRIPTION: PAYROLL TAXES. AMOUNT: 6,780. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 4,255. DESCRIPTION: MAINTENANCE AND REPAIRS. AMOUNT: 243. DESCRIPTION: DONATIONS. AMOUNT: 155. DESCRIPTION: LOSS ON SALE. AMOUNT: 517. TOTAL TO FORM 990-EZ, LINE 16: 18,762.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 990. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 7,649. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ED PADLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04402354971
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVENT MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0ADVE
ReturnHeader/Filer/EIN0341313896
ReturnHeader/Filer/PhoneNum04402354971
ReturnHeader/Filer/USAddress/AddressLine1Txt027301 SCHADY ROAD
ReturnHeader/Filer/USAddress/CityNm0OLMSTED TOWNSHIP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341753699
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RADACHI AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 EAST BROAD STREET SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELYRIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044035
ReturnHeader/PreparerPersonGrp/PhoneNum04403653115
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD R RADACHI
ReturnHeader/ReturnTs02016-01-23T11:02:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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