Civic Intelligence

Shore Line Place Inc.

990 • Fiscal year 2020 • EIN 36-3184173

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 27, 2021

1001 E Touhy AveDes Plaines, IL 60018

(847) 635-4600

Siviq Scores

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

Liabilities / Assets

99th percentile

2.13x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.48x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

31st percentile

-3.0%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

16th percentile

-4.7%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

1.5%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,117,077

Down $54,690 (-4.7%) from 2019

Net Assets

Down

-$1,261,248

Down $20,802 (-1.7%) from 2019

Liabilities

Down

$2,378,325

Down $33,888 (-1.4%) from 2019

Revenue

Up

$683,812

Up $9,974 (+1.5%) from 2019

Expenses

Up

$704,614

Up $14,383 (+2.1%) from 2019

Net Income

Down

-$20,802

Down $4,409 (-27%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2013: $1,753,245Liabilities 2013: $2,695,532Net Assets 2013: -$942,2872013Assets 2014: $1,587,973Liabilities 2014: $2,634,057Net Assets 2014: -$1,046,0842014Assets 2015: $1,533,217Liabilities 2015: $2,625,477Net Assets 2015: -$1,092,2602015Assets 2016: $1,409,242Liabilities 2016: $2,549,149Net Assets 2016: -$1,139,9072016Assets 2017: $1,312,543Liabilities 2017: $2,510,616Net Assets 2017: -$1,198,0732017Assets 2018: $1,249,826Liabilities 2018: $2,473,879Net Assets 2018: -$1,224,0532018Assets 2019: $1,171,767Liabilities 2019: $2,412,213Net Assets 2019: -$1,240,4462019Assets 2020: $1,117,077Liabilities 2020: $2,378,325Net Assets 2020: -$1,261,2482020Assets 2021: $1,031,210Liabilities 2021: $2,300,712Net Assets 2021: -$1,269,5022021Assets 2022: $989,545Liabilities 2022: $2,224,716Net Assets 2022: -$1,235,1712022Assets 2023: $961,007Liabilities 2023: $2,199,435Net Assets 2023: -$1,238,4282023Assets 2024: $952,048Liabilities 2024: $2,104,773Net Assets 2024: -$1,152,7252024Assets 2025: $937,763Liabilities 2025: $2,079,360Net Assets 2025: -$1,141,5972025

Highlighted filing

2020

Assets$1,117,077
Liabilities$2,378,325
Net Assets-$1,261,248

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $850,9252013Revenue 2014: $623,629Expenses 2014: $727,426Net Income 2014: -$103,7972014Revenue 2015: $630,477Expenses 2015: $676,653Net Income 2015: -$46,1762015Revenue 2016: $641,751Expenses 2016: $689,398Net Income 2016: -$47,6472016Revenue 2017: $652,592Expenses 2017: $710,758Net Income 2017: -$58,1662017Revenue 2018: $658,629Expenses 2018: $684,609Net Income 2018: -$25,9802018Revenue 2019: $673,838Expenses 2019: $690,231Net Income 2019: -$16,3932019Revenue 2020: $683,812Expenses 2020: $704,614Net Income 2020: -$20,8022020Revenue 2021: $705,428Expenses 2021: $713,682Net Income 2021: -$8,2542021Revenue 2022: $713,217Expenses 2022: $678,886Net Income 2022: $34,3312022Revenue 2023: $711,395Expenses 2023: $714,652Net Income 2023: -$3,2572023Revenue 2024: $749,892Expenses 2024: $664,189Net Income 2024: $85,7032024Revenue 2025: $754,894Expenses 2025: $743,766Net Income 2025: $11,1282025

Highlighted filing

2020

Revenue$683,812
Expenses$704,614
Net Income-$20,802
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 27, 2021
Return Version
2019v5.1
Gross Receipts
$683,812
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$780,574$705,570▼ $75,004
Cash and Non-Interest-Bearing Accounts$6,760$30,262▲ $23,502
Prepaid Expenses and Deferred Charges$9,162$5,904▼ $3,258
Total Assets$1,171,767$1,117,077▼ $54,690
Other Assets Total$375,271$375,341▲ $70
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,317,086$2,256,904▼ $60,182
Accounts Payable and Accrued Expenses$83,597$107,277▲ $23,680
Other Liabilities$11,530$10,368▼ $1,162
Deferred Revenue-$3,776-
Total Liabilities$2,412,213$2,378,325▼ $33,888
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,240,446$-1,261,248▼ $20,802
Total Net Assets Fund Balance$-1,240,446$-1,261,248▼ $20,802
Total Liabilities and Net Assets / Fund Balance$1,171,767$1,117,077▼ $54,690

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$594,418$2,219,878-
Land$106,978--
Equipment$4,174$365,238-
Other Assets Org$1,405--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark FrischPresident
Terrence PorterVice President
Alan GeorgeDirector
Cathy PrattDirector
Hedy CiocciDirector
Heidi VoorheesDirector
Lisa BragancaDirector
Polly KuehlDirector
Shelagh DonoghueSecretary
Jeff KruppTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$679,903
Investment Income
$382
Other Revenue
$3,527
Change in Net Assets
$-20,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$683,812
Total Revenue per Audited Statements
$683,812
Total Revenue per Form 990
$683,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$704,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$118,704$39,568-$158,272
Interest$108,005--$108,005
Depreciation Depletion$83,756--$83,756
Insurance$53,250--$53,250
Fees for Services Management-$34,320-$34,320
Office Expenses-$31,115-$31,115
Other Expenses$27,654--$27,654
All Other Expenses$752$22,642-$23,394
Fees for Services Accounting-$6,000-$6,000
Fees for Services Legal-$1,994-$1,994
Conferences and Meetings-$1,278-$1,278
Advertising-$116-$116
Total Functional Expenses$567,581$137,033$0$704,614

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$704,614
Total Expenses per Audited Statements$704,614
Total Expenses per Form 990$704,614
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$10,368
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

The property is managed by luthern social services of illinois.

Form 990 governing body review Part VI line 11

The form 990 is prepared by ford & company llp independent auditors of shore line place inc. The form is made available to all the directors for review. The board of directors pass a resolution appoving the filing of form 990.

Governing documents etc available to public Part VI line 19

The organization provides documents upon request.

Filing and Contact Details

Filer

Filer Name
Shore Line Place Inc
EIN
36-3184173
Address
1001 E TOUHY AVE, DES PLAINES, IL 60018

Signing Officer

Name
Mark Frisch
Title
President
Phone
8473901426
Signed
2021-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Frisch
Formed
1987
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Barclay and Company LLC
Address
13295 ILLINOIS ST SUITE 330, CARMEL, IN 46033
Preparer
Curt Barclay
Phone
3177841705
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

The amount reflects reimbursement to the management company for expense incurred in operating the project.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1551980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1551980
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0186
IRS990/PYOtherExpensesAmt0690231
IRS990/PYOtherRevenueAmt03939
IRS990/PYProgramServiceRevenueAmt0669713
IRS990/PYRevenuesLessExpensesAmt0-16393
IRS990/PYTotalExpensesAmt0690231
IRS990/PYTotalRevenueAmt0673838
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-20802
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0683812
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0382
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0186
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0679903
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0669713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0654667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0648634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0637569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03290486
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0382
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0901
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03527
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03939
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03817
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03871
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04081
IRS990ScheduleA/OtherIncome509Grp/TotalAmt019235
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99390
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal509Amt03290486
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0679903
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0669713
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0654667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0648634
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0637569
IRS990ScheduleA/Total509Grp/TotalAmt03290486
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0683812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0673838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0658629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0652592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0641751
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03310622
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0594418
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02219878
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02814296
IRS990ScheduleD/EquipmentGrp/BookValueAmt04174
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0365238
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0369412
IRS990ScheduleD/ExpensesSubtotalAmt0704614
IRS990ScheduleD/LandGrp/BookValueAmt0106978
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0106978
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010722
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2236074
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310787
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt466248
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt51405
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4NET FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5BOARD 0F DIRECTORS - CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0683812
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0705570
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0375341
IRS990ScheduleD/TotalExpensesPerForm990Amt0704614
IRS990ScheduleD/TotalLiabilityAmt010368
IRS990ScheduleD/TotalRevenuePerForm990Amt0683812
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0683812
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0704614
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROPERTY IS MANAGED BY LUTHERN SOCIAL SERVICES OF ILLINOIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY FORD & COMPANY LLP INDEPENDENT AUDITORS OF SHORE LINE PLACE INC. THE FORM IS MADE AVAILABLE TO ALL THE DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS PASS A RESOLUTION APPOVING THE FILING OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AMOUNT REFLECTS REIMBURSEMENT TO THE MANAGEMENT COMPANY FOR EXPENSE INCURRED IN OPERATING THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01171767
IRS990/TotalAssetsEOYAmt01117077
IRS990/TotalAssetsGrp/BOYAmt01171767
IRS990/TotalAssetsGrp/EOYAmt01117077
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137033
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0567581
IRS990/TotalFunctionalExpensesGrp/TotalAmt0704614
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02412213
IRS990/TotalLiabilitiesEOYAmt02378325
IRS990/TotalLiabilitiesGrp/BOYAmt02412213
IRS990/TotalLiabilitiesGrp/EOYAmt02378325
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1240446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1261248
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0567581
IRS990/TotalProgramServiceRevenueAmt0679903
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0382

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