Civic Intelligence

Avenues to Independence

990 • Fiscal year 2016 • EIN 36-6008710

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

515 Busse HighwayPark Ridge, IL 60068

(847) 292-0870

Siviq Scores

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

Liabilities / Assets

57th percentile

0.16x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.06x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

28th percentile

-5.5%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$106,579

Higher top officer pay than 72% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-6.4%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,004,671

Down $273,289 (-12%) from 2015

Net Assets

Down

$1,691,191

Down $252,070 (-13%) from 2015

Liabilities

Down

$313,480

Down $21,219 (-6.3%) from 2015

Revenue

Down

$4,870,585

Down $331,312 (-6.4%) from 2015

Expenses

Down

$5,140,485

Down $69,484 (-1.3%) from 2015

Net Income

Down

-$269,900

Down $261,828 (-3244%) from 2015

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$0Assets 2012: $2,966,735Liabilities 2012: $815,705Net Assets 2012: $2,151,0302012Assets 2013: $2,471,666Liabilities 2013: $812,042Net Assets 2013: $1,659,6242013Assets 2014: $2,287,009Liabilities 2014: $330,483Net Assets 2014: $1,956,5262014Assets 2015: $2,277,960Liabilities 2015: $334,699Net Assets 2015: $1,943,2612015Assets 2016: $2,004,671Liabilities 2016: $313,480Net Assets 2016: $1,691,1912016Assets 2017: $1,936,708Liabilities 2017: $333,760Net Assets 2017: $1,602,9482017Assets 2018: $1,846,332Liabilities 2018: $369,631Net Assets 2018: $1,476,7012018Assets 2019: $1,617,013Liabilities 2019: $378,603Net Assets 2019: $1,238,4102019Assets 2020: $2,206,931Liabilities 2020: $1,039,729Net Assets 2020: $1,167,2022020Assets 2021: $1,564,674Liabilities 2021: $404,506Net Assets 2021: $1,160,1682021Assets 2022: $1,105,193Liabilities 2022: $594,997Net Assets 2022: $510,1962022Assets 2023: $1,949,468Liabilities 2023: $871,535Net Assets 2023: $1,077,9332023Assets 2024: $2,861,491Liabilities 2024: $869,596Net Assets 2024: $1,991,8952024

Highlighted filing

2016

Assets$2,004,671
Liabilities$313,480
Net Assets$1,691,191

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2012: $4,918,1502012Expenses 2013: $5,025,8022013Revenue 2014: $5,415,750Expenses 2014: $5,132,033Net Income 2014: $283,7172014Revenue 2015: $5,201,897Expenses 2015: $5,209,969Net Income 2015: -$8,0722015Revenue 2016: $4,870,585Expenses 2016: $5,140,485Net Income 2016: -$269,9002016Revenue 2017: $4,912,727Expenses 2017: $5,009,455Net Income 2017: -$96,7282017Revenue 2018: $5,082,073Expenses 2018: $5,202,289Net Income 2018: -$120,2162018Revenue 2019: $5,186,125Expenses 2019: $5,436,378Net Income 2019: -$250,2532019Revenue 2020: $5,549,012Expenses 2020: $5,620,220Net Income 2020: -$71,2082020Revenue 2021: $5,960,525Expenses 2021: $5,967,559Net Income 2021: -$7,0342021Revenue 2022: $7,156,525Expenses 2022: $7,806,497Net Income 2022: -$649,9722022Revenue 2023: $7,407,024Expenses 2023: $6,869,319Net Income 2023: $537,7052023Revenue 2024: $8,770,644Expenses 2024: $7,856,682Net Income 2024: $913,9622024

Highlighted filing

2016

Revenue$4,870,585
Expenses$5,140,485
Net Income-$269,900
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v3.0
Gross Receipts
$4,891,506
Mission and Program Overview

Mission

The organization's mission is to provide work and residential opportunities enabling those with disabilities to be as independent as possible.

TO PROVIDE OPPORTUNITIES ENABLING those WITH DISABILITIES TO BE AS INDEPENDENT AS POSSIBLE.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,548,514$1,520,106▼ $28,408
Accounts Receivable$383,327$306,251▼ $77,076
Investments in Publicly Traded Securities$71,369$91,459▲ $20,090
Cash and Non-Interest-Bearing Accounts$185,561$76,815▼ $108,746
Savings and Temporary Cash Investments$50,920$0▼ $50,920
Inventories for Sale or Use$26,729$0▼ $26,729
Intangible Assets$1,500$0▼ $1,500
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,277,960$2,004,671▼ $273,289
Other Assets Total$10,040$10,040→ $0
Liabilities
Accounts Payable and Accrued Expenses$333,699$312,480▼ $21,219
Other Liabilities$1,000$1,000→ $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$334,699$313,480▼ $21,219
Net Assets / Fund Balance
Unrestricted Net Assets$1,868,261$1,691,191▼ $177,070
Temporarily Rstr Net Assets$75,000$0▼ $75,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,943,261$1,691,191▼ $252,070
Total Liabilities and Net Assets / Fund Balance$2,277,960$2,004,671▼ $273,289

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$970,515$2,025,461$2,995,976
Equipment$84,617$845,312$929,929
Land$383,494-$383,494
Other Land Buildings$81,277$166,200$247,477
Leasehold Improvements$203$16,941$17,144
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert OkazakiCEOFT$91,214$15,365$106,579
cathy mccarthyFinance DirectorFT$53,320$920$54,240

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,826,723
Program Service Revenue
$893,470
Investment Income
$2,280
Other Revenue
$148,112
All Other Contributions
$1,396,919
Change in Net Assets
$-269,900

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
Other Non Cash Contri Table8$60,467Fair Market Value (FMV)
Cars and Other Vehicles1$21,446Fair Market Value (FMV)
Other Non Cash Contri Table1$720Fair Market Value (FMV)
Total Noncash Contributions10$82,633-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,882,945
Other Expenses$1,210,777
Total Fundraising Expense$336,215
Grants and Similar Amounts Paid$46,763
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,487,374$235,473$203,909$2,926,756
Other Employee Benefits$302,977$57,147$39,453$399,577
Occupancy$302,218$26,869$40,313$369,400
Payroll Taxes$287,368$31,278$22,578$341,224
Current Officers, Directors, Trustees, and Key Employees$122,835$11,629$10,070$144,534
Depreciation Depletion$140,219-$3,217$143,436
Office Expenses$58,312$11,995$1,092$71,399
Pension Plan Contributions$69,478-$1,376$70,854
Fees for Services Accounting-$64,751-$64,751
Insurance$40,070$5,546$2,074$47,690
Grants to Domestic Orgs$46,763--$46,763
All Other Expenses$30,765$12,112$3,695$46,572
Fees for Services Other$24,428$3,528$165$28,121
Other Expenses$7,193$8,016$2,584$17,793
Conferences and Meetings$11,131$5,595$521$17,247
Fees for Services Legal-$8,215-$8,215
Total Functional Expenses$4,308,004$496,266$336,215$5,140,485
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Friends of Builders of Skills IncPark Ridge, IL501(c)(3)To provide low cost HOUSING FOR PEOPLE WITH DISABILITIES$46,763
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$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
Security Deposits - Sla Residents$1,000
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
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, SECTION A, LINE 2:

Robert healy, director, and margaret oherron, chairperson, have a family relationship.

FORM 990, PART VI, SECTION B, LINE 11:

A copy of form 990 is emailed to the board of directors before it is filed. The ceo and finance director review form 990 before filing.

FORM 990, PART VI, SECTION B, LINE 12C:

The organization has a written conflict of interest policy that requires officers, directors, and key employees to annually disclose interests that could give rise to conflicts. No person may participate in the selection,award or administration of a contract or purchase in which the individual or an immediate family member of the individual has an interest. The board of directors regularly monitors and enforces compliance with this policy. No incidents have arisen that would lead to a violation of the policy.

FORM 990, PART VI, SECTION B, LINE 15A adn 15B:

FOR ALL AVENUES EMPLOYEES, THE AVENUES BOARD OF DIRECTORS REVIEWS COMPARATIVE SALARY DATA AND WILL MAKE A DETERMINATION BASED UPON FINANCIAL AND OTHER CONSIDERATIONS FOR A GENERAL PERCENTAGE INCREASE IN THE SALARY LINE OF THE AVENUES BUDGET AND VOTE ON ANY INCREASE. USING THIS INFORMATION, THE EXECUTIVE DIRECTOR AND OTHER KEY ADMINISTRATIVE STAFF WILL THEN DETERMINE INDIVIDUAL INCREASES FOR STAFF BASED UPON COST-OF-LIVING, MERIT, SENIORITY, AND/OR OTHER FACTORS. PERFORMANCE REVIEWS FOR SALARY PURPOSES ARE PERFORMED AFTER SIX MONTHS AND TWELVE MONTHS OF EMPLOYMENT; STAFF ARE ELIGIBLE FOR SALARY REVIEWS ON AN ANNUAL BASIS THEREAFTER. INCREASES MAY OR MAY NOT BE PROVIDED DEPENDING UPON BOARD APPROVAL AS OUTLINED IN THE AFOREMENTIONED BUDGET CONSIDERATIONS. SPECIAL REVIEWS FOR SALARY PURPOSES CAN TAKE PLACE FOR POSITIONS, rESPONSIBILITY AND OTHER SUBSTANTIAL CHANGES IN AN EMPLOYEES DUTIES. IN JANUARY 2015, THE BOARD WENT THROUGH THEIR REVIEW PROCESS AND APPROVED A GENERAL INCREASE FOR ELIGIBLE EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR. THERE WERE NO INCREASES IN JANUARY 2016.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Avenues to Independence
EIN
36-6008710
In Care Of
% CATHY MCCARTHY
Phone
8472920870
Address
515 Busse Highway, Park Ridge, IL 60068

Signing Officer

Name
Robert Okazaki
Title
Executive Director
Phone
8472920870
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Okazaki
Formed
1953
Legal Domicile
Il
Voting Board Members
22
Independent Board Members
22
Employees
125
Volunteers
50

Preparer

Firm
Bdo USA Llp
Address
9500 Bryn Mawr Ave, Rosemont, IL 60018
Preparer
Rebekuh Eley
Phone
8476762000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:

Vocational Development: Once an individual has achieved integrated employment in the community at minimum wage or higher, due to the nature and severity of the disability, the individual might need intensive, ongoing support to maintain employment. Once the individual is successfully trained on the job, they are then transferred to another successful category. (27 served) Clifton House is a Community Living Facility (16 residents) DEPARTMENT OF REHABILITATION SERVICES (DORS): This program provides vocational rehabilitation services to individuals with disabilities to enable those individuals to maximize opportunities for employment, including assessment for determining eligibility and vocational rehabilitation needs; job development, placement, and retention services.(1 served) TITLE XX: The goal of the program is to help people with disabilities move up to better paying jobs and open up entry-level spots for people entering the workforce. We also provide training to workers in order to teach them specific skills required for a changing job market. (32 served) EXPENSES $ 786,738. INCLUDING GRANTS OF $ 0. REVENUE $ 159,914.

Financial Statement Notes

Part X, Line 2

Avenues is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code, except for net income derived from unrelated business activities. In addition, Avenues qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under IRC Section 509(a). The Organizations income tax filings are subject to audit by various taxing authorities. In evaluating the Organizations activities, management believes its position of tax-exempt status is based on current facts and circumstances and there have been no uncertain positions taken related to recording income taxes. In the opinion of management there are no activities unrelated to the purpose of the Organization and therefore no tax is to be recognized. It is the policy of the Organization to include in management and general expenses penalties and interest assessed by income taxing authorities. There are no penalties or interest from taxing authorities included in management and general expenses for the years ended June 30, 2016 and 2015.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.86$0.87$1.99$8.77$7.86$0.91
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.87$1.08$7.41$6.87$0.54
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.59$0.51$7.16$7.81$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.40$1.16$5.96$5.97$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.21$1.04$1.17$5.55$5.62$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.38$1.24$5.19$5.44$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.85$0.37$1.48$5.08$5.20$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.94$0.33$1.60$4.91$5.01$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.00$0.31$1.69$4.87$5.14$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.33$1.94$5.20$5.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.33$1.96$5.42$5.13$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.81$1.66$5.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.82$2.15$4.92
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits