Civic Intelligence

Joseph'S Home

990 • Fiscal year 2019 • EIN 34-1901676

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

2475 E 22nd StCleveland, OH 44115

(216) 696-5560

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

44th percentile

0.06x

Higher debt load relative to revenue than 44% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

98th percentile

$539,582

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 59.1% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

50th percentile

4.0%

Faster revenue growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,282,183

Up $236,638 (+23%) from 2018

Net Assets

Up

$1,224,406

Up $244,012 (+25%) from 2018

Liabilities

Down

$57,777

Down $7,374 (-11%) from 2018

Revenue

Up

$913,425

Up $35,472 (+4.0%) from 2018

Expenses

Down

$725,746

Down $47,141 (-6.1%) from 2018

Net Income

Up

$187,679

Up $82,613 (+79%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2017: $968,223Liabilities 2017: $55,987Net Assets 2017: $912,2362017Assets 2018: $1,045,545Liabilities 2018: $65,151Net Assets 2018: $980,3942018Assets 2019: $1,282,183Liabilities 2019: $57,777Net Assets 2019: $1,224,4062019Assets 2020: $2,015,881Liabilities 2020: $66,967Net Assets 2020: $1,948,9142020Assets 2021: $4,080,428Liabilities 2021: $514,308Net Assets 2021: $3,566,1202021Assets 2022: $4,133,613Liabilities 2022: $644,542Net Assets 2022: $3,489,0712022Assets 2023: $5,467,246Liabilities 2023: $205,065Net Assets 2023: $5,262,1812023Assets 2024: $7,009,695Liabilities 2024: $383,656Net Assets 2024: $6,626,0392024

Highlighted filing

2019

Assets$1,282,183
Liabilities$57,777
Net Assets$1,224,406

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2017: $868,196Expenses 2017: $632,340Net Income 2017: $235,8562017Revenue 2018: $877,953Expenses 2018: $772,887Net Income 2018: $105,0662018Revenue 2019: $913,425Expenses 2019: $725,746Net Income 2019: $187,6792019Revenue 2020: $1,401,173Expenses 2020: $752,362Net Income 2020: $648,8112020Revenue 2021: $2,406,653Expenses 2021: $826,711Net Income 2021: $1,579,9422021Revenue 2022: $1,533,582Expenses 2022: $1,369,788Net Income 2022: $163,7942022Revenue 2023: $2,201,526Expenses 2023: $1,608,241Net Income 2023: $593,2852023Revenue 2024: $2,598,576Expenses 2024: $1,445,927Net Income 2024: $1,152,6492024

Highlighted filing

2019

Revenue$913,425
Expenses$725,746
Net Income$187,679
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$1,075,563
Mission and Program Overview

Mission

Josephs Home, a ministry of the Sisters of Charity Health System, provides a nurturing caring environment for adults without resources who have acute medical needs helping them heal and achieve independence.

To support the mission and ministry of the Sisters of Charity of St. Augustine, Joseph's Home provides medical respite to homeless men through temporary emergency shelter and assists them in achieving medical stability and permanent housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$598,130$911,425▲ $313,295
Savings and Temporary Cash Investments$228,048$238,190▲ $10,142
Land, Buildings, and Equipment, Net$101,927$92,073▼ $9,854
Accounts Receivable$117,153$38,931▼ $78,222
Prepaid Expenses and Deferred Charges$287$1,564▲ $1,277
Total Assets$1,045,545$1,282,183▲ $236,638
Liabilities
Accounts Payable and Accrued Expenses$65,151$57,777▼ $7,374
Other Liabilities$0$0→ $0
Total Liabilities$65,151$57,777▼ $7,374
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$863,627$1,159,448▲ $295,821
Net Assets With Donor Restrictions$116,767$64,958▼ $51,809
Total Net Assets Fund Balance$980,394$1,224,406▲ $244,012
Total Liabilities and Net Assets / Fund Balance$1,045,545$1,282,183▲ $236,638

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$76,281$548,648$624,929
Other Land Buildings$10,161$70,131$80,292
Equipment$5,631$42,509$48,140
Buildings$0$0$0
Land$0-$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$480,242$277,198▲ $15,312$19,281$753,471
2018$487,195$78,334▲ $74$85,361$480,242
2017$328,001$255,851→ $0$96,657$487,195
2016$289,484$41,115→ $0$2,598$328,001
2015$312,110$73,608→ $0$96,234$289,484
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine HorneExecutive Director (1/19-7/19)FT$69,616$13,905$83,521

Board Members and Trustees

NameTitle
Richard C GallagherBoard Chair
Matthew O'ConnorVice Chair
Carolyn WattsBoard Member
Deanna MooreBoard Member
Deborah RovitoBoard Member
Heather StollBoard Member
Lloyd Cook MDBoard Member
Michael SpanglerBoard Member
Richard StuhanBoard Member
Russell HuntBoard Member
Sr Mary Dorothy Tecca CSABoard Member
William HedenBoard Member
Melissa RogersAssistant Treasurer
Frances TyusSecretary
Anthony SearcyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$863,239
Program Service Revenue
$21,956
Investment Income
$27,472
Other Revenue
$758
All Other Contributions
$508,161
Change in Net Assets
$187,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$523,199
Other Expenses$202,547
Total Fundraising Expense$127,999
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$270,352$5,517$67,958$343,827
Fees for Services Other$51,458-$37,524$88,982
Current Officers, Directors, Trustees, and Key Employees$52,212$17,404-$69,616
Other Employee Benefits$30,960$837$12,161$43,958
Payroll Taxes$29,735$607$4,945$35,287
Pension Plan Contributions$24,598$502$5,411$30,511
Occupancy$30,269--$30,269
Depreciation Depletion$26,564--$26,564
Office Expenses$4,825$0-$4,825
Travel$4,124$458-$4,582
Fees for Services Accounting-$4,500-$4,500
Information Technology$3,793$517-$4,310
Fees for Service Investment Mgmnt Fees$2,907$0-$2,907
Other Expenses$2,360$0$0$2,360
Insurance$2,069$230-$2,299
All Other Expenses$1,194$253-$1,447
Conferences and Meetings$165--$165
Total Functional Expenses$566,835$30,912$127,999$725,746
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,132
Fundraising Direct Expenses$13,374
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Perserverance of Hope Luncheon$50,721$14,132$3,252$10,880
Total Events$50,721$14,132$13,374$758
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The Sisters of Charity Health System is the sole member of Joseph's Home. Reserved powers of the member include the authority to borrow or lend money, the purchase and sale of certain property, the renewal of the Code of Regulations and the Articles of Incorporation, the election and re-election of trustees, and the determination of corporate philosophy.

Form 990, Part VI, Section A, Line 7A

See explanation for line 6

Form 990, Part VI, Section A, Line 7B

See explanation for line 6

Form 990, Part VI, Section A, Line 8A

Minutes are taken at all Board and committee meetings and are included in the Board packet for each meeting.

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

Joseph's Home Form 990 was prepared by management. A draft copy was reviewed by the finance committee, then made available to the board prior to the filing date.

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

Conflicts of interest are addressed via annual questionnaires given to all trustees, officers, and key employees. These are reviewed by the deputy general counsel/chief compliance officer of SCHS.

Form 990, Part VI, Section B, Line 15

The SCHS Human Resource Department provides guidance and oversight for compensation of the Executive Director of Joseph's Home. SCHS takes into consideration current trends in pay and also utilizes an outside consultant to provide market data for similar positions at other organizations. The Joseph's Home search committee reviews this material, and also considers mission competencies required for entity leadership as part of its hiring process. In addition, benefit packages are reviewed to ensure they are consistent with the market and mission.

Form 990, Part VI, Section C, Line 19

Joseph's Home makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Josephs Home
EIN
34-1901676
Phone
2166965560
Address
2475 E 22nd St, Cleveland, OH 44115

Signing Officer

Name
Melissa Rogers
Title
Assistant Treasurer
Phone
2166965560
Signed
2020-11-15

Organization Details

Principal Officer
Bethany Graham
Formed
2000
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
13
Employees
14
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

In 2019 a behavioral health director and medical director were contracted to provide services to the residents of Joseph's Home. The combined expense in 2019 was $51,458. Fundraising activities included expenses for the annual luncheon and other fundraising events. The expense in 2019 was $37,524.

Financial Statement Notes

Schedule D, Part V, Line 4

The endowment funds of Joseph's Home are used to further the mission of the Sisters of Charity of St. Augustine and Joseph's Home. This includes increasing the medical respite available to homelessness residents of the community and assistant with obtaining permanent housing.

Schedule D, Part X, Line 2

Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2019, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm7Russell Hunt
IRS990/Form990PartVIISectionAGrp/PersonNm8Michael Spangler
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Executive Director (1/19-7/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
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IRS990/PrincipalOfficerNm0Bethany Graham
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IRS990/ProgramServiceRevenueGrp/Desc0Veteran's Administration
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IRS990/PYRevenuesLessExpensesAmt0105066
IRS990/PYSalariesCompEmpBnftPaidAmt0560610
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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits