Civic Intelligence

Aurora Project Inc

990 • Fiscal year 2020 • EIN 34-1517827

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 27, 2021

1035 N Superior StToledo, OH 43604

(419) 244-3200

Siviq Scores

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

Liabilities / Assets

59th percentile

0.10x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.19x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$77,237

Higher top officer pay than 80% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-11%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$834,292

Down $99,175 (-11%) from 2019

Net Assets

Down

$749,895

Down $103,931 (-12%) from 2019

Liabilities

Up

$84,397

Up $4,756 (+6.0%) from 2019

Revenue

Down

$434,599

Down $53,156 (-11%) from 2019

Expenses

Up

$536,402

Up $40,591 (+8.2%) from 2019

Net Income

Down

-$101,803

Down $93,747 (-1164%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $949,630Liabilities 2015: $61,698Net Assets 2015: $887,9322015Assets 2016: $930,992Liabilities 2016: $56,430Net Assets 2016: $874,5622016Assets 2017: $1,019,932Liabilities 2017: $58,299Net Assets 2017: $961,6332017Assets 2019: $933,467Liabilities 2019: $79,641Net Assets 2019: $853,8262019Assets 2020: $834,292Liabilities 2020: $84,397Net Assets 2020: $749,8952020Assets 2021: $930,404Liabilities 2021: $66,860Net Assets 2021: $863,5442021Assets 2024: $686,550Liabilities 2024: $94,398Net Assets 2024: $592,1522024

Highlighted filing

2020

Assets$834,292
Liabilities$84,397
Net Assets$749,895

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $562,346Expenses 2015: $653,148Net Income 2015: -$90,8022015Revenue 2016: $557,038Expenses 2016: $570,408Net Income 2016: -$13,3702016Revenue 2017: $612,834Expenses 2017: $535,880Net Income 2017: $76,9542017Revenue 2019: $487,755Expenses 2019: $495,811Net Income 2019: -$8,0562019Revenue 2020: $434,599Expenses 2020: $536,402Net Income 2020: -$101,8032020Revenue 2021: $613,524Expenses 2021: $539,959Net Income 2021: $73,5652021Revenue 2024: $526,847Expenses 2024: $623,631Net Income 2024: -$96,7842024

Highlighted filing

2020

Revenue$434,599
Expenses$536,402
Net Income-$101,803
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 27, 2021
Return Version
2019v5.0
Gross Receipts
$452,072
Mission and Program Overview

Mission

Aurora project, inc. Is a housing and life skills program that empowers homeless women and their children to achieve self-sufficiency by providing resources in a supportive and safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$513,040$468,933▼ $44,107
Cash and Non-Interest-Bearing Accounts$167,384$119,754▼ $47,630
Pledges and Grants Receivable$49,880$44,955▼ $4,925
Accounts Receivable$49,383$31,864▼ $17,519
Savings and Temporary Cash Investments$23,042$28,331▲ $5,289
Prepaid Expenses and Deferred Charges$9,841$15,233▲ $5,392
Total Assets$933,467$834,292▼ $99,175
Other Assets Total$120,897$125,222▲ $4,325
Liabilities
Accounts Payable and Accrued Expenses$56,408$57,277▲ $869
Escrow Account Liability$15,853$22,978▲ $7,125
Deferred Revenue$7,380$4,142▼ $3,238
Total Liabilities$79,641$84,397▲ $4,756
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$792,196$704,940▼ $87,256
Net Assets With Donor Restrictions$61,630$44,955▼ $16,675
Total Net Assets Fund Balance$853,826$749,895▼ $103,931
Total Liabilities and Net Assets / Fund Balance$933,467$834,292▼ $99,175

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$427,417$490,345$917,762
Equipment$41,416$98,066$139,482
Land$100-$100
Other Assets Org$4,214--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Denise FoxExecutive DiFT$72,710$4,527$77,237

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$359,621
Program Service Revenue
$0
Investment Income
$16,133
Other Revenue
$58,845
All Other Contributions
$44,980
Change in Net Assets
$-101,803

Audited Revenue Reconciliation

Revenue per Audited Statements
$434,599
Revenue Not Reported on Form 990
$15,345
Total Revenue per Audited Statements
$449,944
Total Revenue per Form 990
$434,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$377,860
Other Expenses$158,542
Total Fundraising Expense$8,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$244,238$8,951$2,946$256,135
Current Officers, Directors, Trustees, and Key Employees$73,650$2,699$888$77,237
Depreciation Depletion$38,229$5,881-$44,110
Occupancy$26,589$6,408-$32,997
Payroll Taxes$28,786$1,055$347$30,188
Office Expenses$9,220$7,449-$16,669
Insurance$14,338$2,044-$16,382
Other Employee Benefits$13,635$500$165$14,300
Fees for Services Accounting$4,424$3,966$2,105$10,495
Fees for Services Other$3,946$3,539$1,878$9,363
All Other Expenses$3,711$4,745-$8,456
Other Expenses$1,797$301-$2,098
Advertising$458$428-$886
Total Functional Expenses$478,788$49,285$8,329$536,402

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$553,875
Expenses per Audited Statements$536,402
Total Expenses per Form 990$536,402
Expenses Not Reported on Form 990$17,473
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,318
Fundraising Direct Expenses$17,473
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$49,827$49,827$14,806$35,021
Christmas/givin$22,900$22,900$1,387$21,513
Total Events$72,727$72,727$16,193$56,534
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The form 990 is reviewed in detail by the president or treasurer and finance committee, and a summarized report is given to the full board prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

Procedures for identified conflicts are documented in the organization's by-laws.

Form 990, Page 6, Part VI, Line 15A

The board of trustees elects a compensation committee who conducts the annual review of the executive director and recommends compensation based upon comparable salary data from other organizations.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Aurora Project Inc
EIN
34-1517827
Phone
4192443200
Address
1035 N SUPERIOR ST, TOLEDO, OH 43604

Signing Officer

Name
Linda Stacy
Title
President
Phone
4192443200
Signed
2021-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Stacy
Formed
1986
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
19
Volunteers
49

Preparer

Firm
Demarco & Associates Cpas LLC
Address
845 COMMERCE DR, PERRYSBURG, OH 43551
Preparer
Leslie a Demarco CPA Cfe
Phone
4199310250
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct fundraising expenses 17,473 direct fundraising expenses -17,473

Financial Statement Notes

Schedule D, Page 3, Part X

Fasb asc 740, income taxes, requires entities to disclose in their financial statements the nature of any uncertainties in their tax position. Tax years including the year ended june 30, 2017 and later are subject to examination by tax authorities. Areas that irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of unrelated business income. The organization does not believe that it has any uncertain tax positions with respect to these or other matters and has not recorded any unrecognized tax benefits or liability for penalties or interest. The organization is not aware of any circumstances or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 17,473

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 17,473

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROGRAM SERVICES 13,697
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BY TOLEDO COMM. FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740, INCOME TAXES, REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING THE YEAR ENDED JUNE 30, 2017 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITY FOR PENALTIES OR INTEREST. THE ORGANIZATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 17,473
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 17,473
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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