Civic Intelligence

Aurora Project Inc

990 • Fiscal year 2023 • EIN 34-1517827

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

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

69th percentile

0.12x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.16x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$105,800

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

15th percentile

-13%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

17%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$739,491

Down $190,913 (-21%) from 2021

Net Assets

Down

$653,401

Down $210,143 (-24%) from 2021

Liabilities

Up

$86,090

Up $19,230 (+29%) from 2021

Revenue

Down

$541,148

Down $72,376 (-12%) from 2021

Expenses

Up

$658,002

Up $118,043 (+22%) from 2021

Net Income

Down

-$116,854

Down $190,419 (-259%) from 2021

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 2023: $739,491Liabilities 2023: $86,090Net Assets 2023: $653,4012023Assets 2024: $686,550Liabilities 2024: $94,398Net Assets 2024: $592,1522024

Highlighted filing

2023

Assets$739,491
Liabilities$86,090
Net Assets$653,401

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 2023: $541,148Expenses 2023: $658,002Net Income 2023: -$116,8542023Revenue 2024: $526,847Expenses 2024: $623,631Net Income 2024: -$96,7842024

Highlighted filing

2023

Revenue$541,148
Expenses$658,002
Net Income-$116,854
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$552,899
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.

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 enviroment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$442,382$404,511▼ $37,871
Cash and Non-Interest-Bearing Accounts$288,385$219,396▼ $68,989
Pledges and Grants Receivable$73,050$104,486▲ $31,436
Prepaid Expenses and Deferred Charges$2,224$11,098▲ $8,874
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$854,860$739,491▼ $115,369
Other Assets Total$48,819$0▼ $48,819
Liabilities
Accounts Payable and Accrued Expenses$82,375$86,089▲ $3,714
Other Liabilities$2,170$1▼ $2,169
Total Liabilities$84,545$86,090▲ $1,545
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$765,306$653,401▼ $111,905
Net Assets With Donor Restrictions$5,009--
Total Net Assets Fund Balance$770,315$653,401▼ $116,914
Total Liabilities and Net Assets / Fund Balance$854,860$739,491▼ $115,369

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$404,511$757,283$1,161,794
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Denise FoxExecutive DirectorFT$105,800$105,800

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$409,681
Program Service Revenue
$0
Investment Income
$4,454
Other Revenue
$127,013
All Other Contributions
$56,710
Change in Net Assets
$-116,854

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,148
Total Revenue per Audited Statements
$541,148
Total Revenue per Form 990
$541,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$474,234
Other Expenses$183,768
Total Fundraising Expense$23,711
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$330,276$61,926$20,642$412,844
Payroll Taxes$49,112$9,209$3,069$61,390
Depreciation Depletion$19,900$35,377-$55,277
Insurance$4,675$13,304-$17,979
Fees for Services Accounting$8,909$2,227-$11,136
All Other Expenses$7,045$4,042-$11,087
Office Expenses$5,041$5,684-$10,725
Information Technology$6,964$3,430-$10,394
Other Expenses$3,456$1,154-$3,456
Advertising-$3,277-$3,277
Fees for Services Other$419$2,044-$2,463
Total Functional Expenses$484,786$149,505$23,711$658,002

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$658,002
Total Expenses per Audited Statements$658,002
Total Expenses per Form 990$658,002
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$138,764
Fundraising Direct Expenses$11,751
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$138,764$138,764$11,751$127,013
Total Events$138,764$138,764$11,751$127,013
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

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

Signing Officer

Name
Amy Pett
Title
President
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Pett
Formed
1986
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
16
Volunteers
250

Preparer

Firm
Bock Korsnack and Hinds
Address
432 W Dussel Dr, Maumee, OH 43537-1685
Preparer
Ben Salumu CPA
Phone
4198933371
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING = -$60

Part X - FIN 48 Footnote

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.

Part XI, Line 2D

Revenue amounts included in financials - other direct fundraising expenses. $11,751.05

Part XII, Line 20

Expense amounts included in financials - other direct fundraising expenses $ 11,751.05

Financial Statement Notes

Part X : FIN48 Footnote

Income Taxes, requires entities to disclose in their financial statements the nature on 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 the IRS and State Tax Authorities consider when examining tax returns of a charity include, but not may be limited to, tax-exempts 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 orther 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 if reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements. Part XI, Line 2d-Revenue amounts included in financials - other direct fundraising expenses $27,064.00 Part XII, Line 2d - Expense amounts included in financials - other direct fundraising expenses - $27,064.00

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income Taxes, requires entities to disclose in their financial statements the nature on 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 the IRS and State Tax Authorities consider when examining tax returns of a charity include, but not may be limited to, tax-exempts 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 orther 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 if reasonably possible that tax benefits may increase or decrease within 12 months of the date of these financial statements. Part XI, Line 2d-Revenue amounts included in financials - other direct fundraising expenses $27,064.00 Part XII, Line 2d - Expense amounts included in financials - other direct fundraising expenses - $27,064.00
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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