Civic Intelligence

Jennings Terrace Inc

990 • Fiscal year 2018 • EIN 36-2229578

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 21, 2018

275 S Lasalle StAurora, IL 60505

(630) 897-6946

Siviq Scores

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

Liabilities / Assets

54th percentile

0.11x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.12x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$94,864

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$4,529,672

No earlier filing loaded for comparison.

Net Assets

$4,025,564

No earlier filing loaded for comparison.

Liabilities

$504,108

No earlier filing loaded for comparison.

Revenue

$4,277,623

No earlier filing loaded for comparison.

Expenses

$4,337,056

No earlier filing loaded for comparison.

Net Income

-$59,433

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2018: $4,529,672Liabilities 2018: $504,108Net Assets 2018: $4,025,5642018Assets 2019: $4,494,728Liabilities 2019: $347,811Net Assets 2019: $4,146,9172019Assets 2020: $4,549,141Liabilities 2020: $868,112Net Assets 2020: $3,681,0292020Assets 2021: $4,418,152Liabilities 2021: $754,855Net Assets 2021: $3,663,2972021Assets 2022: $3,609,097Liabilities 2022: $834,945Net Assets 2022: $2,774,1522022Assets 2023: $2,948,754Liabilities 2023: $1,028,251Net Assets 2023: $1,920,5032023Assets 2024: $4,351,320Liabilities 2024: $1,301,225Net Assets 2024: $3,050,0952024

Highlighted filing

2018

Assets$4,529,672
Liabilities$504,108
Net Assets$4,025,564

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2018: $4,277,623Expenses 2018: $4,337,056Net Income 2018: -$59,4332018Revenue 2019: $4,511,061Expenses 2019: $4,399,483Net Income 2019: $111,5782019Revenue 2020: $4,341,424Expenses 2020: $4,797,778Net Income 2020: -$456,3542020Revenue 2021: $5,335,916Expenses 2021: $5,597,729Net Income 2021: -$261,8132021Revenue 2022: $4,926,430Expenses 2022: $5,536,971Net Income 2022: -$610,5412022Revenue 2023: $5,271,962Expenses 2023: $6,125,810Net Income 2023: -$853,8482023Revenue 2024: $7,327,348Expenses 2024: $6,207,584Net Income 2024: $1,119,7642024

Highlighted filing

2018

Revenue$4,277,623
Expenses$4,337,056
Net Income-$59,433
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 21, 2018
Return Version
2017v2.3
Gross Receipts
$4,277,623
Mission and Program Overview

Mission

To provide skilled, intermediate and sheltered care services to senior citizens

To provide skilled, intermediate, and sheltered care services to senior citizens

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,906,950$1,968,193▲ $61,243
Land, Buildings, and Equipment, Net$1,507,021$1,738,169▲ $231,148
Cash and Non-Interest-Bearing Accounts$721,298$496,076▼ $225,222
Accounts Receivable$228,811$165,150▼ $63,661
Savings and Temporary Cash Investments$129,578$130,042▲ $464
Prepaid Expenses and Deferred Charges$32,146$32,042▼ $104
Pledges and Grants Receivable$16,000--
Total Assets$4,541,804$4,529,672▼ $12,132
Liabilities
Accounts Payable and Accrued Expenses$345,111$353,497▲ $8,386
Deferred Revenue$142,200$150,611▲ $8,411
Total Liabilities$487,311$504,108▲ $16,797
Net Assets / Fund Balance
Unrestricted Net Assets$3,888,902$3,880,175▼ $8,727
Permanently Rstr Net Assets$100,000$100,000→ $0
Temporarily Rstr Net Assets$65,591$45,389▼ $20,202
Total Net Assets Fund Balance$4,054,493$4,025,564▼ $28,929
Total Liabilities and Net Assets / Fund Balance$4,541,804$4,529,672▼ $12,132

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$957,596$2,744,136$3,701,732
Equipment$205,667$983,521$1,189,188
Land$574,906-$574,906
Other Securities$1,968,193--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy FlanaganExecutive DiFT$94,864$94,864

Board Members and Trustees

NameTitle
Duanne KlecknerPresident
Jackie SzilageTrustee
Jim BrownTrustee
Joe JacobsTrustee
Lynn AkersTrustee
Michael Marzec MdTrustee
Jess ToussaintSecretary
Doug CheathamTreasurer
Jonathan BieritzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$14,885
Program Service Revenue
$4,198,705
Investment Income
$46,772
Other Revenue
$17,261
All Other Contributions
$14,885
Change in Net Assets
$-59,433

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,262,432
Revenue Not Reported on Financial Statements
$15,191
Revenue Not Reported on Form 990
$30,504
Total Revenue per Audited Statements
$4,292,936
Total Revenue per Form 990
$4,277,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,900,568
Other Expenses$1,436,488
Total Fundraising Expense$1,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,208,950$136,387-$2,345,337
Other Employee Benefits$231,040$24,187-$255,227
Payroll Taxes$182,643$22,497-$205,140
Occupancy$191,810$10,095-$201,905
Fees for Services Other$153,987$34,123-$188,110
Depreciation Depletion$124,482$6,552-$131,034
Current Officers, Directors, Trustees, and Key Employees-$94,864-$94,864
Insurance$65,896$13,866-$79,762
Information Technology-$46,905-$46,905
Fees for Services Accounting-$23,343-$23,343
Advertising-$19,830$1,044$20,874
Office Expenses$10,597$9,230$345$20,172
Other Expenses$15,312$167-$15,479
Fees for Service Investment Mgmnt Fees-$15,191-$15,191
Fees for Services Legal-$5,710-$5,710
Conferences and Meetings-$1,064-$1,064
Total Functional Expenses$3,863,411$472,256$1,389$4,337,056

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,337,056
Expenses per Audited Statements$4,321,865
Total Expenses per Audited Statements$4,321,865
Expenses Not Reported on Financial Statements$15,191
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
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

Form 990 is available to all board membrs for review, but the only review done prior to filing is generally the officer signing the return.

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

Conflict of interest is considered and reviewed annually for the board of directors, but no written policy is currently in place.

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

Executive director compensation is based on area wage surveys and reviewed and approved by the executive committee.

Form 990, Page 6, Part VI, Line 19

Financial information is available through other websites. All information is available upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Jennings Terrace Inc
EIN
36-2229578
Phone
6308976946
Address
275 S LASALLE ST, AURORA, IL 60505

Signing Officer

Name
Cathy Flanagan
Title
Executive Director
Phone
6308976946
Signed
2018-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Duanne Kleckner
Formed
1943
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
152
Volunteers
180

Preparer

Firm
Slupik and Associates Ltd
Address
1700 PARK ST STE 201, NAPERVILLE, IL 60563-2370
Preparer
Theodore F Slupik
Phone
6303570096
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization's income tax returns for 2014, 2015, 2016, and 2017 are currently subject to examination by the irs and the illinois attorney general, generally for three years after they are filed. For the years ended june 30, 2018 and 2017, there were no income tax penalties or interest recognized in the organizations financial statements. Management believes there are no uncertain tax positions for the years ended june 30, 2018 and 2017.

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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032146
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032042
IRS990/PrincipalOfficerNm0DUANNE KLECKNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04198705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04198705
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt059292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02893
IRS990/PYOtherExpensesAmt01348816
IRS990/PYOtherRevenueAmt017408
IRS990/PYProgramServiceRevenueAmt04381048
IRS990/PYRevenuesLessExpensesAmt0268606
IRS990/PYSalariesCompEmpBnftPaidAmt02843219
IRS990/PYTotalExpensesAmt04192035
IRS990/PYTotalRevenueAmt04460641
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-59433
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04198705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0129578
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0130042
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 102,954
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1OTHER INCOME CONSISTS OF BEAUTY SHOP REVENUE, MEAL CHARGES, AND OTHER MISCELLANEOUS REVENUE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt059292
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077852
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057552
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0235993
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046772
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02893
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03930
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04252
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt059507
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04198705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04381048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04299432
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03952213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03568417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt020399815
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046772
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02893
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03930
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04252
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt059507
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt017261
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt017408
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt020633
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt023126
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt024526
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0102954
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99220
IRS990ScheduleA/PublicSupportPY509Pct00.99350
IRS990ScheduleA/PublicSupportTotal509Amt020635808
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04213590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04440340
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04377284
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03978625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03625969
IRS990ScheduleA/Total509Grp/TotalAmt020635808
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04277623
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04401847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04003411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03654747
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020798269
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt02744136
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03701732
IRS990ScheduleD/EquipmentGrp/BookValueAmt0205667
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0983521
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01189188
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt015191
IRS990ScheduleD/ExpensesSubtotalAmt04321865
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt015191
IRS990ScheduleD/LandGrp/BookValueAmt0574906
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0574906
IRS990ScheduleD/NetUnrealizedGainsInvstAmt030504
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01968193
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OLD SECOND WEALTH MANAGEMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt030504
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt015191
IRS990ScheduleD/RevenueSubtotalAmt04262432
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S INCOME TAX RETURNS FOR 2014, 2015, 2016, AND 2017 ARE CURRENTLY SUBJECT TO EXAMINATION BY THE IRS AND THE ILLINOIS ATTORNEY GENERAL, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. FOR THE YEARS ENDED JUNE 30, 2018 AND 2017, THERE WERE NO INCOME TAX PENALTIES OR INTEREST RECOGNIZED IN THE ORGANIZATIONS FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01738169
IRS990ScheduleD/TotalBookValueSecuritiesAmt01968193
IRS990ScheduleD/TotalExpensesPerForm990Amt04337056
IRS990ScheduleD/TotalRevenuePerForm990Amt04277623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04292936
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04321865
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE TO ALL BOARD MEMBRS FOR REVIEW, BUT THE ONLY REVIEW DONE PRIOR TO FILING IS GENERALLY THE OFFICER SIGNING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST IS CONSIDERED AND REVIEWED ANNUALLY FOR THE BOARD OF DIRECTORS, BUT NO WRITTEN POLICY IS CURRENTLY IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR COMPENSATION IS BASED ON AREA WAGE SURVEYS AND REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL INFORMATION IS AVAILABLE THROUGH OTHER WEBSITES. ALL INFORMATION IS AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt065591
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt045389
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04541804
IRS990/TotalAssetsEOYAmt04529672
IRS990/TotalAssetsGrp/BOYAmt04541804
IRS990/TotalAssetsGrp/EOYAmt04529672
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014885

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