Civic Intelligence

Elea Institute (Fka Journeycare Inc)

990 • Fiscal year 2017 • EIN 36-3305643

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

2050 Claire CourtGlenview, IL 60025-7635

(847) 467-7423

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.31x

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

34th percentile

0.21x

Higher debt load relative to revenue than 34% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

23rd percentile

-3.2%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$381,256

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

9th percentile

-5.9%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

2.3%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Down

$62,274,409

Down $3,893,191 (-5.9%) from 2016

Net Assets

Down

$43,053,965

Down $2,867,645 (-6.2%) from 2016

Liabilities

Down

$19,220,444

Down $1,025,546 (-5.1%) from 2016

Revenue

Up

$89,541,530

Up $2,010,416 (+2.3%) from 2016

Expenses

Down

$92,409,175

Down $5,036,259 (-5.2%) from 2016

Net Income

Up

-$2,867,645

Up $7,046,675 (+71%) from 2016

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $26,509,257Liabilities 2011: $6,149,502Net Assets 2011: $20,359,7552011Assets 2013: $31,439,771Liabilities 2013: $4,940,544Net Assets 2013: $26,499,2272013Assets 2014: $35,074,665Liabilities 2014: $6,358,578Net Assets 2014: $28,716,0872014Assets 2015: $72,443,639Liabilities 2015: $16,699,027Net Assets 2015: $55,744,6122015Assets 2016: $66,167,600Liabilities 2016: $20,245,990Net Assets 2016: $45,921,6102016Assets 2017: $62,274,409Liabilities 2017: $19,220,444Net Assets 2017: $43,053,9652017Assets 2018: $63,271,166Liabilities 2018: $17,476,827Net Assets 2018: $45,794,3392018Assets 2019: $77,226,487Liabilities 2019: $69,623,847Net Assets 2019: $7,602,6402019Assets 2020: $97,968,377Liabilities 2020: $50,544,215Net Assets 2020: $47,424,1622020Assets 2021: $93,764,887Liabilities 2021: $39,341,125Net Assets 2021: $54,423,7622021Assets 2022: $132,107,047Liabilities 2022: $1,788,961Net Assets 2022: $130,318,0862022Assets 2023: $125,854,199Liabilities 2023: $816,872Net Assets 2023: $125,037,3272023Assets 2024: $134,286,836Liabilities 2024: $1,091,314Net Assets 2024: $133,195,5222024

Highlighted filing

2017

Assets$62,274,409
Liabilities$19,220,444
Net Assets$43,053,965

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2011: $18,705,0292011Revenue 2013: $31,351,756Expenses 2013: $28,919,667Net Income 2013: $2,432,0892013Revenue 2014: $38,732,452Expenses 2014: $36,448,040Net Income 2014: $2,284,4122014Revenue 2015: $70,534,389Expenses 2015: $71,648,806Net Income 2015: -$1,114,4172015Revenue 2016: $87,531,114Expenses 2016: $97,445,434Net Income 2016: -$9,914,3202016Revenue 2017: $89,541,530Expenses 2017: $92,409,175Net Income 2017: -$2,867,6452017Revenue 2018: $95,942,782Expenses 2018: $93,202,408Net Income 2018: $2,740,3742018Revenue 2019: $63,084,808Expenses 2019: $101,187,971Net Income 2019: -$38,103,1632019Revenue 2020: $71,910,052Expenses 2020: $70,373,218Net Income 2020: $1,536,8342020Revenue 2021: $69,461,099Expenses 2021: $62,567,974Net Income 2021: $6,893,1252021Revenue 2022: $80,549,075Expenses 2022: $4,635,081Net Income 2022: $75,913,9942022Revenue 2023: $3,940,435Expenses 2023: $2,065,111Net Income 2023: $1,875,3242023Revenue 2024: $3,341,967Expenses 2024: $3,399,198Net Income 2024: -$57,2312024

Highlighted filing

2017

Revenue$89,541,530
Expenses$92,409,175
Net Income-$2,867,645
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$89,565,196
Mission and Program Overview

Mission

Our mission, "Make every moment count for those touched by serious illness and loss," lives in the expert care and support to our patients and their families facing life-limiting illness to live life to its fullest and have the best days possible. In 2014, the organization provided charity care of $1.1 million.

Enriching lives through expert and compassionate care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$36,807,684$35,425,820▼ $1,381,864
Accounts Receivable$21,951,506$16,259,137▼ $5,692,369
Cash and Non-Interest-Bearing Accounts$1,161,588$4,013,585▲ $2,851,997
Prepaid Expenses and Deferred Charges$2,404,815$2,779,363▲ $374,548
Intangible Assets$1,085,208$1,049,121▼ $36,087
Investments in Publicly Traded Securities$17,322$0▼ $17,322
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$66,167,600$62,274,409▼ $3,893,191
Other Assets Total$2,739,477$2,747,383▲ $7,906
Liabilities
Accounts Payable and Accrued Expenses$14,881,270$18,599,564▲ $3,718,294
Mortgage Notes Payable Secured by Investment Property$5,000,000$0▼ $5,000,000
Unsecured Notes Loans Payable$364,720$620,880▲ $256,160
Other Liabilities$0$0→ $0
Total Liabilities$20,245,990$19,220,444▼ $1,025,546
Net Assets / Fund Balance
Unrestricted Net Assets$45,921,610$43,053,965▼ $2,867,645
Total Net Assets Fund Balance$45,921,610$43,053,965▼ $2,867,645
Total Liabilities and Net Assets / Fund Balance$66,167,600$62,274,409▼ $3,893,191

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,755,472$9,176,677$35,932,149
Equipment$2,311,481$11,100,041$13,411,522
Land$3,531,352-$3,531,352
Leasehold Improvements$2,458,573$922,243$3,380,816
Other Land Buildings$368,942-$368,942

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$5,089,213$1,000▲ $175,300$161,124$5,104,389
2016$4,761,589$3,500▲ $324,124-$5,089,213
2015$1,213,899$3,785,568▼ $237,878-$4,761,589
2014$1,157,820$289▲ $55,790-$1,213,899
2013$295,025$827,711▲ $35,084-$1,157,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President/CEOPT$311,639$69,617$381,256
-Vice President of Medical ServicesFT$261,360$50,378$311,738
-Chief Financial OfficerFT$208,340$51,580$259,920
-Medical DirectorFT$229,038$27,421$256,459
-Chief Operating OfficerFT$207,296$47,420$254,716
-Chief Strategy OfficerFT$180,613$52,700$233,313
-Associate Medical DirectorFT$199,244$32,321$231,565
-Foundation Vice President-$183,815$37,603$221,418

Board Members and Trustees

NameTitle
-Chair/ Prior Treasurer
-Vice Chair
-Board
-Board (Part Year)
-Secretary
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Blacktree Healthcare ConsultingBilling ServicesTwo Tower Bridge, 1 Fayette St Suite 425, Conshohocken, PA 19428$444,299
TMB ConsultingAccounting Consulting Services20851 N Plumwood Drive, Kildeer, IL 60047$256,250
Pacific RealtyLeasing Services833 W Chicago Ave 500, Chicago, IL 60642$229,456
Annie John MD SCPhysician Services6341 N KIRKWOOD AVENUE, Chicago, IL 60646$152,700
Parag Amin MDPhysician Services510 Alexander Court, Inverness, IL 60010$150,900
Revenue and Support

Revenue Composition

Contributions and Grants
$4,000,499
Program Service Revenue
$85,544,501
Investment Income
$-6,284
Other Revenue
$2,814
Change in Net Assets
$-2,867,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$58,969,249
Other Expenses$33,439,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,640,763$4,953,269-$47,594,032
Other Employee Benefits$5,242,450$896,088-$6,138,538
Fees for Services Other$2,474,734$1,339,783$0$3,814,517
Payroll Taxes$3,033,972$436,887-$3,470,859
Depreciation Depletion$2,016,960$719,434-$2,736,394
Occupancy$1,868,513$784,565-$2,653,078
Travel$1,750,466$70,082-$1,820,548
Information Technology$784,194$472,382-$1,256,576
Office Expenses$896,119$317,364-$1,213,483
Current Officers, Directors, Trustees, and Key Employees$0$1,129,205$0$1,129,205
Pension Plan Contributions$569,509$67,106-$636,615
Advertising$239,919$159,945-$399,864
All Other Expenses$332,430$45,331$0$377,761
Insurance$111,892$226,955-$338,847
Fees for Services Accounting-$219,696-$219,696
Other Expenses$117,535$97,532-$215,067
Fees for Services Legal-$194,388-$194,388
Conferences and Meetings$49,069$41,648-$90,717
Total Functional Expenses$79,814,482$12,594,693$0$92,409,175
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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
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, Part VI, Line 1A Delegate broad authority to A committee

The governing documents of journeycare delegate broad authority to an executive committee. According to article vii, section 4 of the organization's by-laws, during periods between meetings of the board and when an action by the board is required that cannot wait until a meeting of the board, the executive committee shall be vested with, and may in its discretion exercise, the full powers, duties, responsibilities and authority of the board except where prohibited by law and subject to any limitations imposed by the board of directors or these bylaws. The executive committee also shall have express authority for approving compensation for executive management of the corporation, including the president/ceo. The executive committee shall consist of the officers of the corporation and other directors as may be decided by the board of directors; provided that a majority of the membership of the executive committee consists of officers. Other than the officers of the corporation, a member of the executive committee shall hold office until the next annual meeting of the board of directors or until such member's successor is elected and takes office, or until such member's death, resignation or removal.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The CEO, CFO, and Finance Committee of the Board reviewed the Form 990 before it was filed. A copy was provided to other Board members as well before it was filed.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization has a written conflict of interest policy which requires employees and board members to sign a Conflict of Interest Agreement and Disclosure statement upon employment or appointment, and update the statement annually. Disclosure of a potential conflict will be reviewed by the compliance officer and the CEO, and the CEO's decision regarding the actions taken will be noted in a log maintained by the compliance officer. If a member of the governing board notes a potential conflict of interest, the board will render a decision of that members's eligibility to be part of voting, if applicable, and that decision will be documented in the minutes of the meeting.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

An independent third party vendor completes a market analysis which the CEO uses to evaluate the compensation of Executive Directors which is presented to the Board Committee. Human Resources provide the market analysis for the CEO position to the Executive Board Committee and the Committee determines the CEO compensation.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The same process used as above, however CEO has final approval and authority with input from the Board of Directors .

Form 990, Part VI, Line 19 Required documents available to the public

Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.

Filing and Contact Details

Filer

Filer Name
JourneyCare Inc
EIN
36-3305643
Phone
8474677423
Address
2050 Claire Court, Glenview, IL 60025-7635

Signing Officer

Name
Steve Alavi
Title
Chief Financial Officer
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
1,098
Volunteers
1,079

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Jennifer Burke
Phone
3128997000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 3,663,381 including grants of $)(Revenue $ 1,434,883) Palliative and Supportive Care -- Palliative and supportive care offers expert pain and symptom management and supportive care designed to treat the whole person at any stage of a serious, progressive illness, regardless of prognosis. The JourneyCare team provides specialized, highly coordinated care that improves quality of life while a patient's primary physician works to cure or manage their condition. JourneyCare can help patients and families from the time of diagnosis and continue throughout their journey.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 761,675 including grants of $) Integrated therapy program -- JourneyCare elevates care to its most advanced level with Integrative therapies. These services incorporate pet therapy, music therapy and music thanatology, aromatherapy, art therapy, massage therapy and compassionate touch. These therapies manage symptoms, calm the mind, console the heart and relax the mind, body and spirit.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 746,278 including grants of $) Grief Support Services -- JourneyCare's grief support team is specially trained to help families, children, spouses, and friends cope with loss and begin moving forward with their lives. This includes individual and group counseling. These services are provided to patients and non-patients in the community.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 213,554 including grants of $) Specialized Community Support Services -- JourneyCare offers specialized services respecting the culturally diverse communities it serves. These include such programs as Jewish Care Services, dedicated to observing Jewish traditions, and the We Honor Veterans program to recognize military service and assist veterans in accessing benefits they are entitled to receive. Through its JourneyLife Programs, the organization also offers programs to the community to inform and empower health and life choices.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 28,936 including grants of $) Comfort and Joy --This program assists families with little to no financial resources with critical needs such as transportation,groceries or a utility bill, as well as making end-of-life wishes come true.

Financial Statement Notes

Schedule D, Part V LINE 1B TRANSFER OF ENDOWMENTS

Effective JUNE 1, 2015, MIDWEST PALLIATIVE & HOSPICE CARECENTER (MIDWEST) MERGED WITH JOURNEYCARE, INC., WITH JOURNEYCARE, INC. (JOURNEYCARE) BEING THE SURVIVING ENTITY. THE ASSETS AND LIABILITIES OF MIDWEST WERE COMBINED WITH JOURNEYCARE. Due to the merger, the entire endowment transferred to JourneyCare as of June 1, 2015. The transfer is being reflected on Schedule D, Part V, Line 1B to represent the transfer of endowments.

Schedule D, Part V, Line 4 Intended uses of endowment funds

The endowment funds are donor restricted and used as designated by the donor. The endowment funds are held by JourneyCare Foundation, Inc.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Organization is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the JourneyCare Foundation has been determined not to be a private foundation under Section 509(a) of the Internal Revenue Code. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. Due to its tax-exempt status, the Organization is not subject to U.S. federal income tax or state income tax. The Organization's Form 990 has not been subject to examination by the Internal Revenue Service or the state of Illinois for the last three years. The Organization does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Organization recognizes interest and/or penalties related to income tax matters in income tax expense. The Organization did not have any amounts accrued for interest and penalties at December 31, 2017 or 2016.

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IRS990/Desc0Hospice care -- Hospice is specialized care for individuals facing serious and life-limiting illness with a certified prognosis of six months or less. A team of nursing professionals, social workers, chaplains and volunteers support the needs of patients and families -- whether alleviating pain and symptoms, assisting with personal care or providing medications, equipment and supplies. Hospice care is provided wherever the patient calls home, whether it is a house, senior living residence, or nursing home.
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IRS990/MissionDesc0Our mission is "Enriching lives through expert and compassionate care." We are transforming lives by building a community where exceptional palliative, supportive and end-of-life care is accepted, expected and available to all. In 2017, the organization provided $1.3 million of charity care.
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