Civic Intelligence

Blue River Services Inc.

990 • Fiscal year 2017 • EIN 35-1101603

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 29, 2017

PO Box 547Corydon, IN 47112-2057

(812) 738-2408

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.23x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.29x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$202,878

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

63rd percentile

8.4%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

6.0%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$20,984,559

Up $1,628,905 (+8.4%) from 2016

Net Assets

Up

$16,162,247

Up $2,016,560 (+14%) from 2016

Liabilities

Down

$4,822,312

Down $387,655 (-7.4%) from 2016

Revenue

Up

$16,654,863

Up $948,741 (+6.0%) from 2016

Expenses

Up

$14,638,303

Up $200,836 (+1.4%) from 2016

Net Income

Up

$2,016,560

Up $747,905 (+59%) from 2016

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $15,947,888Liabilities 2011: $5,635,859Net Assets 2011: $10,312,0292011Assets 2012: $16,564,584Liabilities 2012: $5,697,781Net Assets 2012: $10,866,8032012Assets 2013: $17,033,682Liabilities 2013: $5,604,541Net Assets 2013: $11,429,1412013Assets 2014: $17,942,729Liabilities 2014: $5,347,719Net Assets 2014: $12,595,0102014Assets 2015: $17,749,820Liabilities 2015: $4,872,788Net Assets 2015: $12,877,0322015Assets 2016: $19,355,654Liabilities 2016: $5,209,967Net Assets 2016: $14,145,6872016Assets 2017: $20,984,559Liabilities 2017: $4,822,312Net Assets 2017: $16,162,2472017Assets 2018: $20,890,762Liabilities 2018: $4,363,328Net Assets 2018: $16,527,4342018Assets 2019: $20,570,292Liabilities 2019: $4,267,727Net Assets 2019: $16,302,5652019Assets 2020: $21,646,938Liabilities 2020: $5,061,294Net Assets 2020: $16,585,6442020Assets 2021: $24,743,437Liabilities 2021: $3,685,913Net Assets 2021: $21,057,5242021Assets 2022: $28,605,094Liabilities 2022: $5,006,397Net Assets 2022: $23,598,6972022Assets 2023: $28,864,159Liabilities 2023: $4,108,387Net Assets 2023: $24,755,7722023Assets 2024: $30,121,550Liabilities 2024: $4,580,879Net Assets 2024: $25,540,6712024

Highlighted filing

2017

Assets$20,984,559
Liabilities$4,822,312
Net Assets$16,162,247

Operations Trend

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

$20M$10M$0-$10MExpenses 2011: $13,398,6962011Expenses 2012: $13,809,2242012Expenses 2013: $13,319,6712013Revenue 2014: $14,722,249Expenses 2014: $13,556,380Net Income 2014: $1,165,8692014Revenue 2015: $14,510,217Expenses 2015: $14,228,195Net Income 2015: $282,0222015Revenue 2016: $15,706,122Expenses 2016: $14,437,467Net Income 2016: $1,268,6552016Revenue 2017: $16,654,863Expenses 2017: $14,638,303Net Income 2017: $2,016,5602017Revenue 2018: $15,656,770Expenses 2018: $14,938,972Net Income 2018: $717,7982018Revenue 2019: $14,415,568Expenses 2019: $14,640,437Net Income 2019: -$224,8692019Revenue 2020: $14,962,308Expenses 2020: $14,596,668Net Income 2020: $365,6402020Revenue 2021: $19,943,748Expenses 2021: $15,471,868Net Income 2021: $4,471,8802021Revenue 2022: $18,263,849Expenses 2022: $15,723,904Net Income 2022: $2,539,9452022Revenue 2023: $18,405,060Expenses 2023: $17,414,479Net Income 2023: $990,5812023Revenue 2024: $19,002,436Expenses 2024: $18,766,224Net Income 2024: $236,2122024

Highlighted filing

2017

Revenue$16,654,863
Expenses$14,638,303
Net Income$2,016,560
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 29, 2017
Return Version
2016v3.0
Gross Receipts
$17,645,372
Mission and Program Overview

Mission

To assist people with disabilities in realizing maximum personal growth and development in home, work and the community by providing a continuum of individualized services and support in setting least restrictive for the needs of the individual.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,195,672$13,837,531▲ $641,859
Other Notes and Loans Receivable, Net$2,265,269$2,313,135▲ $47,866
Accounts Receivable$964,080$1,058,313▲ $94,233
Savings and Temporary Cash Investments$1,032,852$950,573▼ $82,279
Pledges and Grants Receivable$816,074$898,894▲ $82,820
Cash and Non-Interest-Bearing Accounts$487,150$510,642▲ $23,492
Intangible Assets$179,049$162,910▼ $16,139
Prepaid Expenses and Deferred Charges$85,150$87,659▲ $2,509
Inventories for Sale or Use$33,192$30,499▼ $2,693
Total Assets$19,355,654$20,984,559▲ $1,628,905
Other Assets Total$297,166$1,134,403▲ $837,237
Liabilities
Other Liabilities$3,679,631$3,461,177▼ $218,454
Accounts Payable and Accrued Expenses$1,408,865$1,303,384▼ $105,481
Deferred Revenue$121,471$57,751▼ $63,720
Total Liabilities$5,209,967$4,822,312▼ $387,655
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,726,070$8,980,982▲ $2,254,912
Unrestricted Net Assets$7,419,617$7,181,265▼ $238,352
Total Net Assets Fund Balance$14,145,687$16,162,247▲ $2,016,560
Total Liabilities and Net Assets / Fund Balance$19,355,654$20,984,559▲ $1,628,905

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,117,924$5,585,502$17,703,426
Other Land Buildings$213,164$1,574,138$1,787,302
Equipment$170,733$1,404,767$1,575,500
Land$1,335,710-$1,335,710
Other Assets Org$1,134,403--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel J LowePres/CEOFT$177,185$25,693$202,878
Kim AuberryIndustrial DFT$120,215$13,206$133,421

Board Members and Trustees

NameTitle
David SeacatChairman
Tom ParisVice Chairma
Bill HarrodDirector
Don ThienemanDirector
Jeanie CombsDirector
Jim JohnsonDirector
Michael WisemanDirector
Larry W BennettSecretary
Kevin StilwellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Walker ConstructionConstruction3585 S COUNTY ROAD 600 E, Paoli, IN 47454$1,120,359
James L Shireman INCConstruction3081 PROGRESS BLVD NW, Corydon, IN 47112$302,338
Revenue and Support

Revenue Composition

Contributions and Grants
$450,564
Program Service Revenue
$14,705,368
Investment Income
$262,701
Other Revenue
$1,236,230
All Other Contributions
$243,329
Change in Net Assets
$2,016,560

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles5$53,943Cost Usage/Fair Market Value (FMV)
Other Non Cash Contri Table2$10,731Cost Usage
Total Noncash Contributions7$64,674-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,654,863
Revenue Not Reported on Form 990
$990,509
Total Revenue per Audited Statements
$17,645,372
Total Revenue per Form 990
$16,654,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,273,504
Other Expenses$4,364,799
Total Fundraising Expense$8,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,757,903$878,724-$8,636,627
Other Employee Benefits$757,765$54,659-$812,424
Payroll Taxes$612,872$63,357-$676,229
Travel$631,794$16,396-$648,190
Occupancy$464,946$78,018-$542,964
Depreciation Depletion$331,509$46,478-$377,987
All Other Expenses$144,497$82,728$8,136$235,361
Pension Plan Contributions$111,504$36,720-$148,224
Other Expenses$115,337$22,042-$137,379
Conferences and Meetings$102,108$5,241-$107,349
Interest$33,114$14,478-$47,592
Office Expenses$18,850$15,409-$34,259
Insurance$1,840$18,402-$20,242
Advertising$9,017$3,506-$12,523
Total Functional Expenses$13,182,636$1,447,531$8,136$14,638,303

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,628,812
Expenses per Audited Statements$14,638,303
Total Expenses per Form 990$14,638,303
Expenses Not Reported on Form 990$990,509
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Larry BennettBoard MemberInsurance PremiumsNo$406,906
Mrs JohnsonSpouse of BoardGrant IncomeNo$5,246
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgages & Other Notes Payable$3,354,568
Line of Credit$100,000
Capital Lease Obligations$6,609
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 family members
Yes
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

MEMBERS

Form 990, Page 6, Part VI, Line 7A

The organization has members that may elect other members of the governing board.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the ceo, the fiscal director and the board of directors before it is filed with the internal revenue service.

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

Employees, consultants, and volunteers will complete a conflict of interest statement upon hire and then as a potential conflict of interest arises. Employees with decision making authority or influence on purchasing will complete a conflict of interest statement annually and as potential conflicts arise. The board of directors will review activities involving the president/ceo or member of the board of directors.

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

The compensation of the ceo is based on an employment contract developed by the board of directors. The total compensation package is compared to a compensation survey of the compensation of the ceos of other indiana organizations of similar size who provide similar services. The personnel committee of the board completes a performance review of the ceo annually and any increases are based on merit.

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

Personnel are selected for each position and compensation determined by the funding available to support the position and the education, qualifications, experience, and previous work record of the applicant. After employment each supervisor completes a performance evaluation annually for all their employees. Increases in wages, if given, are based on the performance evaluation. All supervisors review the performance evaluations with the ceo to insure that the performance evaluation criteria is applied consistently throughout the organization.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Blue River Services Inc
EIN
35-1101603
Phone
8127382408
Address
PO BOX 547, CORYDON, IN 47112-2057

Signing Officer

Name
Daniel J Lowe
Title
Pres/CEO
Phone
8127382408
Signed
2017-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel J Lowe
Formed
1959
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
614

Preparer

Firm
Rodefer Moss & Co Pllc
Address
301 E ELM STREET, NEW ALBANY, IN 47150
Preparer
Marc J Mccormick CPA
Phone
8129455236
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To assist people with disabilities in realizing maximum personal growth and development in home, work and the community by providing a continuum of individualized services and support in setting least restrictive for the needs of the individual.

Form 990, Page 2, Part III, Line 4D

Child care 21st century eemg pre school jumpstart pre school latchkey healthy family healthy family harr co hccf screen print employment services establishment program stepping stone apts/transitional housing wyandotte house iddd home safe place dept of indiana highways janitorial indiana bureau of motor vehicles-janitorial community janitorial hab training structured family caregiving community resources housing autumn ridge lp mgmt hope manor country trace lp mgmt blue river autumn ridge ii mgmt blue country trace ii mgmt br country trace 3 mgmt grandview manor so mgmt jackson court apartments mgmt housing service coor prevent child abuse wic day service transportation non fixed route transportation children's transportation charter transportation medical transportation public transportation maintenance facility fund development

Form 990, Part XI, Line 9

Cogs expenses reported on the form 990 stmt of revenue 302,739 rental expenses reported on the form 990 statement of reve 687,770 cogs expenses reported on the form 990 stmt of revenue -302,739 rental expenses reported on the form 990 statement of reve -687,770

Financial Statement Notes

Schedule D, Page 3, Part X

Blue river services, inc. Is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code. The organization evaluates its uncertain tax positions in accordance with applicable standards. It has evaluated its tax positions, and believes that it has none that are uncertain. Blue river autumn ridge ii, llc, blue river country trace ii, llc, br country trace 3, llc, grandview manor south, llc, and jackson court apartments, llc are indiana limited liability companies. A consolidated tax return is filed for blue river services, inc., blue river autumn ridge ii, llc, blue river country trace ii, llc, br country trace 3, llc, grandview manor south, llc, and jackson court apartments, llc.

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

Cogs expenses reported on the form 990 stmt of revenue 302,739 rental expenses reported on the form 990 statement of reve 687,770

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

Cogs expenses reported on the form 990 stmt of revenue 302,739 rental expenses reported on the form 990 statement of reve 687,770

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGES & OTHER NOTES PAYABLE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.1$4.58$25.5$19.0$18.8$0.24
2023Detailed filing. Detailed filing data is available for this year.$28.9$4.11$24.8$18.4$17.4$0.99
2022Detailed filing. Detailed filing data is available for this year.$28.6$5.01$23.6$18.3$15.7$2.54
2021Detailed filing. Detailed filing data is available for this year.$24.7$3.69$21.1$19.9$15.5$4.47
2020Detailed filing. Detailed filing data is available for this year.$21.6$5.06$16.6$15.0$14.6$0.37
2019Detailed filing. Detailed filing data is available for this year.$20.6$4.27$16.3$14.4$14.6$0.22
2018Detailed filing. Detailed filing data is available for this year.$20.9$4.36$16.5$15.7$14.9$0.72
2017Detailed filing. Detailed filing data is available for this year.$21.0$4.82$16.2$16.7$14.6$2.02
2016Detailed filing. Detailed filing data is available for this year.$19.4$5.21$14.1$15.7$14.4$1.27
2015Detailed filing. Detailed filing data is available for this year.$17.7$4.87$12.9$14.5$14.2$0.28
2014Detailed filing. Detailed filing data is available for this year.$17.9$5.35$12.6$14.7$13.6$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$5.60$11.4$13.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$5.70$10.9$13.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$5.64$10.3$13.4