Civic Intelligence

The Hap Foundation Inc (Fka Journeycare Foundation)

990 • Fiscal year 2014 • EIN 36-3820916

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

405 Lake Zurich RoadBarrington, IL 60010

(847) 381-5599

Siviq Scores

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

Liabilities / Assets

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

18th percentile

0.06x

Higher debt load relative to revenue than 18% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$321,525

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

59th percentile

5.7%

Faster asset growth than 59% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

81st percentile

26%

Faster revenue growth than 81% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$13,696,918

Up $735,657 (+5.7%) from 2013

Net Assets

Up

$13,427,950

Up $877,632 (+7.0%) from 2013

Liabilities

Down

$268,968

Down $141,975 (-35%) from 2013

Revenue

Up

$4,395,228

Up $899,932 (+26%) from 2013

Expenses

Up

$1,818,050

Up $41,027 (+2.3%) from 2013

Net Income

Up

$2,577,178

Up $858,905 (+50%) from 2013

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $11,256,757Liabilities 2011: $369,979Net Assets 2011: $10,886,7782011Assets 2013: $12,961,261Liabilities 2013: $410,943Net Assets 2013: $12,550,3182013Assets 2014: $13,696,918Liabilities 2014: $268,968Net Assets 2014: $13,427,9502014Assets 2015: $19,852,196Liabilities 2015: $1,266,413Net Assets 2015: $18,585,7832015Assets 2016: $21,087,759Liabilities 2016: $2,873,580Net Assets 2016: $18,214,1792016Assets 2017: $19,995,886Liabilities 2017: $2,861,196Net Assets 2017: $17,134,6902017Assets 2018: $20,040,967Liabilities 2018: $3,121,037Net Assets 2018: $16,919,9302018Assets 2019: $20,274,088Liabilities 2019: $1,375,387Net Assets 2019: $18,898,7012019Assets 2020: $19,636,726Liabilities 2020: $92,450Net Assets 2020: $19,544,2762020Assets 2021: $18,979,563Liabilities 2021: $56,133Net Assets 2021: $18,923,4302021Assets 2022: $6,780,841Liabilities 2022: $268,625Net Assets 2022: $6,512,2162022Assets 2023: $5,380,395Liabilities 2023: $329,009Net Assets 2023: $5,051,3862023Assets 2024: $4,579,907Liabilities 2024: $456,061Net Assets 2024: $4,123,8462024

Highlighted filing

2014

Assets$13,696,918
Liabilities$268,968
Net Assets$13,427,950

Operations Trend

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

$20M$10M$0-$10M-$20MExpenses 2011: $3,273,1472011Revenue 2013: $3,495,296Expenses 2013: $1,777,023Net Income 2013: $1,718,2732013Revenue 2014: $4,395,228Expenses 2014: $1,818,050Net Income 2014: $2,577,1782014Revenue 2015: $5,720,091Expenses 2015: $4,084,041Net Income 2015: $1,636,0502015Revenue 2016: $4,734,602Expenses 2016: $5,109,838Net Income 2016: -$375,2362016Revenue 2017: $4,471,992Expenses 2017: $6,702,430Net Income 2017: -$2,230,4382017Revenue 2018: $5,369,851Expenses 2018: $4,739,999Net Income 2018: $629,8522018Revenue 2019: $6,886,353Expenses 2019: $4,243,095Net Income 2019: $2,643,2582019Revenue 2020: $3,413,949Expenses 2020: $2,926,407Net Income 2020: $487,5422020Revenue 2021: $2,129,468Expenses 2021: $2,925,395Net Income 2021: -$795,9272021Revenue 2022: $647,319Expenses 2022: $13,016,903Net Income 2022: -$12,369,5842022Revenue 2023: $1,779,297Expenses 2023: $3,354,385Net Income 2023: -$1,575,0882023Revenue 2024: $2,967,786Expenses 2024: $4,090,733Net Income 2024: -$1,122,9472024

Highlighted filing

2014

Revenue$4,395,228
Expenses$1,818,050
Net Income$2,577,178
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$6,609,412
Mission and Program Overview

Mission

The JourneyCare Foundation's mission is to build lasting relationships to secure resources to sustain and advance the mission of JourneyCare, Inc. The agency's mission is to enrich lives through expert and compassionate care.

Build lasting relationships to secure resources to sustain & advance the mission of JourneyCare, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,562,194$12,069,208▲ $1,507,014
Cash and Non-Interest-Bearing Accounts$1,002,612$856,058▼ $146,554
Pledges and Grants Receivable$1,301,431$718,360▼ $583,071
Prepaid Expenses and Deferred Charges$35,675$45,213▲ $9,538
Savings and Temporary Cash Investments$37,933--
Land, Buildings, and Equipment, Net$21,416$8,079▼ $13,337
Investments Other Securities$0--
Investments Program Related$0--
Total Assets$12,961,261$13,696,918▲ $735,657
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$322,879$205,424▼ $117,455
Accounts Payable and Accrued Expenses$63,664$50,694▼ $12,970
Deferred Revenue$24,400$12,850▼ $11,550
Total Liabilities$410,943$268,968▼ $141,975
Net Assets / Fund Balance
Unrestricted Net Assets$11,230,213$11,991,751▲ $761,538
Permanently Rstr Net Assets$1,045,502$1,045,791▲ $289
Temporarily Rstr Net Assets$274,603$390,408▲ $115,805
Total Net Assets Fund Balance$12,550,318$13,427,950▲ $877,632
Total Liabilities and Net Assets / Fund Balance$12,961,261$13,696,918▲ $735,657

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,079$74,383$82,462

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,157,820$289▲ $55,790-$1,213,899
2013$295,025$827,711▲ $35,084-$1,157,820
2012$276,442$1,000▲ $17,583-$295,025
2011$226,260$45,911▲ $4,271-$276,442
2010$223,877-▲ $2,383-$226,260
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
-Foundation PresidentFT$119,741$119,741

Board Members and Trustees

NameTitle
-Honorary Chairperson
-CEO/President
-President
-1st Vice President
-1st Vice President (Part-Year)
-2nd Vice President
-Board
-Board (Part-Year)
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,986,579
Program Service Revenue
$0
Investment Income
$879,359
Other Revenue
$529,290
All Other Contributions
$2,111,166
Change in Net Assets
$2,577,178

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$37,032Market value
Total Noncash Contributions9$37,032-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,990,525
Revenue Not Reported on Financial Statements
$1,404,703
Revenue Not Reported on Form 990
$-294,843
Other Revenue Adjustments
$1,404,703
Total Revenue per Audited Statements
$2,695,682
Total Revenue per Form 990
$4,395,228
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,036,381
Total Fundraising Expense$937,822
Grants and Similar Amounts Paid$781,669
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$781,669--$781,669
All Other Expenses$0$0$47,953$47,953
Information Technology--$42,133$42,133
Depreciation Depletion--$39,689$39,689
Office Expenses--$25,960$25,960
Fees for Services Accounting--$13,404$13,404
Other Expenses-$98,559$7,622$7,622
Insurance--$3,276$3,276
Travel--$2,181$2,181
Advertising--$2,112$2,112
Total Functional Expenses$781,669$98,559$937,822$1,818,050

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,818,050
Total Expenses per Audited Statements$1,818,050
Total Expenses per Form 990$1,818,050
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
JourneyCare IncBarrington, ID501(c)(3)Support activities of JourneyCare, Inc.$781,669
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$809,849
Fundraising Direct Expenses$280,559
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$663,462$598,798$160,207$438,591
Decades Dance$74,471$74,321$29,236$45,085
Total Events$875,413$809,849$280,559$529,290
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to affiliates$123,992
Charitable gift annuity liability$81,432
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
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

Governance Explanations

Form 990, Part VI, Line 15A Process to Establish Compensation of Top Management Official

The compensation of the top management official is paid by JourneyCare, Inc., a related organization. JourneyCare, Inc. has the following process to determine CEO & Executive Director compensation: 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 process used to determine the compensation of Key Employees is the same process used as the Part VI, Line 15a explanation; however, the CEO has final approval and authority.

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Lynda Bollman (Board Member) and Roxy Pepper (Board Member) - Family relationship

Form 990, Part VI, Line 6 Classes of members or stockholders

JourneyCare, Inc. is the sole member of JourneyCare Foundation, Inc.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The JourneyCare, Inc. agency appoints the members of the Board of Trustees.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The member shall have the power, and shall be requested in advance of action by the Foundation, to approve or disapprove of any proposed amendment of the Articles of Incorporation or the Bylaws of the Foundation.

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

There was a merger of three hospice agencies on June 1, 2015. The prior board of directors was dissolved and a new board of directors was formed. Due to the merger, members of the management team of the succeeding organization reviewed and approved the Form 990.

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

A related party provides the conflict of interest policy which is reviewed with each new employee and board member during their orientation along with employees receiving annual training. The policy requires employees and board members to disclose conflicts of interest. A review of vendor payments is completed to identify financial transactions that could result in a conflict of interest.

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 Foundation Inc
EIN
36-3820916
Phone
8473815599
Address
405 Lake Zurich Road, Barrington, IL 60010

Signing Officer

Name
Sarah Bealles
Title
President & CEO
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
106

Preparer

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

Additional Explanations

CoreFormPartIII_PartIIILine4d Description of other program services

(Expenses $ 39,692 including grants of $) Community Education and Outreach - Covers the cost of events and media related to educating the community on hospice and palliative care. Community Bereavement - Supports the costs of community bereavement support groups and counseling services offered by JourneyCare, Inc. to anyone in the community. These funds were also used to assist in our camp courage and remember u program for children who have experienced the loss of a loved one.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Eliminations per combining financial statements - -1404703;

Financial Statement Notes

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

Funds shall be held in perpetuity to support ongoing operations and patient assistance.

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, 2014 or 2013.

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Eliminations per combining financial statements - 1404703

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Special Events Expenses - 0

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Frank McGovern
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5Catherine Brod
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6Frederica Smith Pederson
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7Dee Beaubien
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Lynda Bollman
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9Bruce Carlson MD
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Russell E Feurer
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Rick Hardy
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Bill Howes
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Jim Lancaster
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Thomas Liebman
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Anne B Miller
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Michael Moorman
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17Sam Oliver
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt19Arch W Shaw
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt20Brad Stetson
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt22Jo Williams
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt23George Yapp
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt24Sarah Bealles
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt25Jason Leppin
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IRS990/ProgSrvcAccomActy2Grp/Desc0Integrative Therapy-The Foundation provided $111,000 to support integrative therapies, including art, massage, music, acupuncture and Reiki. These are unfunded services that help enhance the patient's hospice experience.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Advance Care Planning-The Foundation provided these funds to provide education and increase the number of people with advance care planning. Advance Care Planning is a values-based discussion between you and the person you choose to make health care decisions for you when you are unable to do so yourself.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Community Education and Outreach - Covers the cost of events and media related to educating the community on hospice and palliative care. Community Bereavement - Supports the costs of community bereavement support groups and counseling services offered by JourneyCare, Inc. to anyone in the community. These funds were also used to assist in our camp courage and remember u program for children who have experienced the loss of a loved one.
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Filings

Peer Organizations

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