Civic Intelligence

The Mather Possibilities

990 • Fiscal year 2018 • EIN 36-2856851

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

1603 Orrington Avenue Suite 1800Evanston, IL 60201

(847) 492-7500

Siviq Scores

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

Liabilities / Assets

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

29.93x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

1st percentile

-326%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

100th percentile

$1,983,924

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 11687.3% of source-year revenue.

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

Asset Growth

42nd percentile

-0.8%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,284,479

Down $10,286 (-0.8%) from 2017

Net Assets

Down

$776,373

Down $81,628 (-9.5%) from 2017

Liabilities

Up

$508,106

Up $71,342 (+16%) from 2017

Revenue

Down

$16,975

Down $15,658 (-48%) from 2017

Expenses

Down

$72,342

Down $6,348 (-8.1%) from 2017

Net Income

Down

-$55,367

Down $9,310 (-20%) from 2017

Historical Trend

Balance Sheet Trend

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

$5.0M$0-$5.0MAssets 2010: $444,000Liabilities 2010: $4,934,978Net Assets 2010: -$4,490,9782010Assets 2011: $446,000Liabilities 2011: $0Net Assets 2011: $446,0002011Assets 2014: $1,174,769Liabilities 2014: $128,519Net Assets 2014: $1,046,2502014Assets 2015: $1,174,934Liabilities 2015: $280,672Net Assets 2015: $894,2622015Assets 2016: $1,188,085Liabilities 2016: $359,074Net Assets 2016: $829,0112016Assets 2017: $1,294,765Liabilities 2017: $436,764Net Assets 2017: $858,0012017Assets 2018: $1,284,479Liabilities 2018: $508,106Net Assets 2018: $776,3732018Assets 2019: $1,414,785Liabilities 2019: $582,951Net Assets 2019: $831,8342019Assets 2021: $1,689,697Liabilities 2021: $703,237Net Assets 2021: $986,4602021Assets 2022: $1,471,686Liabilities 2022: $761,699Net Assets 2022: $709,9872022Assets 2024: $1,593,571Liabilities 2024: $870,143Net Assets 2024: $723,4282024

Highlighted filing

2018

Assets$1,284,479
Liabilities$508,106
Net Assets$776,373

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $02010Expenses 2011: $02011Revenue 2014: $40,418Expenses 2014: $88,919Net Income 2014: -$48,5012014Revenue 2015: $62,533Expenses 2015: $152,998Net Income 2015: -$90,4652015Revenue 2016: $9,151Expenses 2016: $78,402Net Income 2016: -$69,2512016Revenue 2017: $32,633Expenses 2017: $78,690Net Income 2017: -$46,0572017Revenue 2018: $16,975Expenses 2018: $72,342Net Income 2018: -$55,3672018Revenue 2019: $16,459Expenses 2019: $75,844Net Income 2019: -$59,3852019Revenue 2021: $1,986Expenses 2021: $91,210Net Income 2021: -$89,2242021Revenue 2022: $28,613Expenses 2022: $100,435Net Income 2022: -$71,8222022Revenue 2024: $13,454Expenses 2024: $87,870Net Income 2024: -$74,4162024

Highlighted filing

2018

Revenue$16,975
Expenses$72,342
Net Income-$55,367
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$16,975
Mission and Program Overview

Mission

To provide services that enhance the lives of older adults by creating ways to age well.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,147,931$1,163,479▲ $15,548
Pledges and Grants Receivable$146,834$121,000▼ $25,834
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,294,765$1,284,479▼ $10,286
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$436,764$508,106▲ $71,342
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$436,764$508,106▲ $71,342
Net Assets / Fund Balance
Permanently Rstr Net Assets$354,566$354,659▲ $93
Unrestricted Net Assets$361,435$300,714▼ $60,721
Temporarily Rstr Net Assets$142,000$121,000▼ $21,000
Total Net Assets Fund Balance$858,001$776,373▼ $81,628
Total Liabilities and Net Assets / Fund Balance$1,294,765$1,284,479▼ $10,286
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roger E Lumpp IIChairman
Mary G LearyPresident & CEO
John R PhillipsDirector
Carol SussenbachCFO & Treasurer
Julie RiggsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$16,975
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,975
Change in Net Assets
$-55,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,342
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$71,342$0$71,342
Grants to Domestic Orgs$1,000--$1,000
Total Functional Expenses$1,000$71,342$0$72,342
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mather Lifeways - Line of Credit$508,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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
Filing and Contact Details

Filer

Filer Name
Mather Possibilities
EIN
36-2856851
In Care Of
% CAROL SUSSENBACH
Phone
8474927500
Address
1603 Orrington Avenue Suite 1800, Evanston, IL 60201

Signing Officer

Name
Mary G Leary
Title
President & CEO
Phone
8474927500
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary G Leary
Formed
1975
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Grant Thornton Llp
Address
171 N CLARK ST SUITE 200, CHICAGO, IL 60601
Preparer
Michelle L Weber
Phone
3128560200
Supplemental Narrative

Additional Explanations

Members or Stockholders

Form 990, part vi, line 6 mather lifeways is the sole member of the organization and in this capacity elects and removes the organization's directors and approves major actions of the organization.

Members or Stockholders Who May Elect

Form 990, part vi, line 7a mather lifeways is the sole member of the organization and in this capacity elects and removes the organization's directors whether periodically, or as vacancies arise, or otherwise.

Decisions Subject to Approval

Form 990, part vi, line 7b mather lifeways is the sole member of the organization and in this capacity elects and removes the organization's directors and has the right to approve major decisions of the organization's governing body.

Form 990 Review Processs

Form 990, part vi, line 11b the form 990, including schedules, was distributed to the members of the mather foundation audit committee of the board of directors. The committee met with management and reviewed the form 990. Subsequently, the form 990 was distributed to each director. All comments and questions were directed to the organization's chief financial officer.

Conflict of Interest Policy Monitoring & Enforcement

Form 990, part vi, line 12c annually all board members, officers and senior staff must disclose any interests that could give rise to conflicts. Any actual, potential, or apparent conflicts are referred to the ceo and president, the board chair and chair of the governance committee, who take appropriate action, including discussing with the full board, when necessary.

Process for Determining Compensation

Form 990, part vi, line 15a all compensation for officers/directors/key employees is paid by a related organization, mather lifeways. Mather possibilities relied on mather lifeways to review this information for all compensation paid.

How Documents Are Made Avilable to the Public

Form 990, part vi, line 19 the organization's articles of incorporation, bylaws, conflict of interest policy, and audited financial statements are available upon request.

Other Changes in Net Assets or Fund Balances

Form 990, part xi, line 9 book/tax difference: restricted pledge ($20,906)

Financial Statement Notes

Liability for Uncertain Tax Positions

Form 990, schedule d, part x, line 2 mather lifeways, mather foundation, mather place, mather investments, nfp, mather possibilities and the mather have received favorable determination letters from the internal revenue service stating that they are exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code of 1986, as amended, except for income taxes pertaining to unrelated business income. The financial accounting standards board (fasb) issued guidance that requires tax effects from uncertain tax positions to be recognized in the consolidated financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the consolidated financial statements. Additionally, no provision for income taxes is reflected in these consolidated financial statements. The entities of mather lifeways file tax returns in certain states; however, they do not file in every state. For all states where the entities have not filed a state return, all tax years remain open.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FORM 990, SCHEDULE A, PART II, SECTION C, LINE 17A MATHER POSSIBILITIES MEETS THE FACTS AND CIRCUMSTANCES TEST BY SOLICITING AND RECEIVING CONTRIBUTIONS FROM THE PUBLIC. THE GOVERNING BOARD OF MATHER POSSIBILITIES IS AN INDEPENDENT BOARD OF DIRECTORS THAT REPRESENTS THE PUBLIC INTERESTS AND ENSURE THE ORGANIZATION PROVIDES SERVICES FOR THE GENERAL PUBLIC ON A CONTINUING BASIS THROUGH COMMUNITY PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc010% FACTS AND CIRCUMSTANCES TEST - 2018
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MATHER LIFEWAYS - LINE OF CREDIT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE D, PART X, LINE 2 MATHER LIFEWAYS, MATHER FOUNDATION, MATHER PLACE, MATHER INVESTMENTS, NFP, MATHER POSSIBILITIES AND THE MATHER HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES OF MATHER LIFEWAYS FILE TAX RETURNS IN CERTAIN STATES; HOWEVER, THEY DO NOT FILE IN EVERY STATE. FOR ALL STATES WHERE THE ENTITIES HAVE NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0LIABILITY FOR UNCERTAIN TAX POSITIONS
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mary G Leary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Carol Sussenbach
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Julie Riggs
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO & Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Secretary
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE J, PART I, LINE 3 MATHER POSSIBILITIES' TOP MANAGEMENT'S COMPENSATION IS ESTABLISHED BY MATHER LIFEWAYS, AS THE COMPENSATION IS PAID BY MATHER LIFEWAYS (A RELATED ORGANIZATION). MATHER LIFEWAYS FOLLOWS PROCEDURES TO ESTABLISH THE "REBUTTABLE" PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS IN DETERMINING EXECUTIVE COMPENSATION. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, WHICH CONSISTS OF INDEPENDENT DIRECTORS WHO OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY. OBJECTIVE EVIDENCE OF REASONABLENESS AND COMPARABILITY IS OBTAINED FROM INFORMATION PROVIDED BY AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT. DETERMINATION OF EXECUTIVE COMPENSATION INVOLVES BENCHMARKING WITH COMPARATIVE MARKET COMPENSATION DATA TO ENSURE THAT COMPENSATION IS FAIR, EQUITABLE, AND WITHIN THE STANDARDS OF COMPENSATION UTILIZED WITHIN THE INDUSTRY. COMPENSATION DECISIONS ARE DOCUMENTED AND REVIEWED WITH THE FULL BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1FORM 990, SCHEDULE J, PART I, LINE 4B MARY G. LEARY AND CAROL SUSSENBACH ARE PARTICIPANTS IN MATHER LIFEWAYS' 457(F) PLANS. A DISTRIBUTION OF $8,753 WAS PAID OUT IN 2018 TO CAROL SUSSENBACH.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0TOP MANAGEMENT'S COMPENSATION
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 6 MATHER LIFEWAYS IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND APPROVES MAJOR ACTIONS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 7A MATHER LIFEWAYS IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 7B MATHER LIFEWAYS IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND HAS THE RIGHT TO APPROVE MAJOR DECISIONS OF THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 11B THE FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE MATHER FOUNDATION AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MET WITH MANAGEMENT AND REVIEWED THE FORM 990. SUBSEQUENTLY, THE FORM 990 WAS DISTRIBUTED TO EACH DIRECTOR. ALL COMMENTS AND QUESTIONS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VI, LINE 12C ANNUALLY ALL BOARD MEMBERS, OFFICERS AND SENIOR STAFF MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE CEO AND PRESIDENT, THE BOARD CHAIR AND CHAIR OF THE GOVERNANCE COMMITTEE, WHO TAKE APPROPRIATE ACTION, INCLUDING DISCUSSING WITH THE FULL BOARD, WHEN NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART VI, LINE 15A ALL COMPENSATION FOR OFFICERS/DIRECTORS/KEY EMPLOYEES IS PAID BY A RELATED ORGANIZATION, MATHER LIFEWAYS. MATHER POSSIBILITIES RELIED ON MATHER LIFEWAYS TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART VI, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990, PART XI, LINE 9 BOOK/TAX DIFFERENCE: RESTRICTED PLEDGE ($20,906)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1MEMBERS OR STOCKHOLDERS WHO MAY ELECT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2DECISIONS SUBJECT TO APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 REVIEW PROCESSS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PROCESS FOR DETERMINING COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6HOW DOCUMENTS ARE MADE AVILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7OTHER CHANGES IN NET ASSETS OR FUND BALANCES
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