Civic Intelligence

Sunset Home

990 • Fiscal year 2017 • EIN 37-0661224

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 09, 2018

418 WashingtonQuincy, IL 62301

(217) 223-2636

Siviq Scores

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

Liabilities / Assets

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.66x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

15th percentile

-11%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$101,585

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

22nd percentile

-2.5%

Faster asset growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

1.4%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$17,597,430

Down $442,938 (-2.5%) from 2016

Net Assets

Down

$10,172,811

Down $1,125,186 (-10.0%) from 2016

Liabilities

Up

$7,424,619

Up $682,248 (+10%) from 2016

Revenue

Up

$11,261,673

Up $155,943 (+1.4%) from 2016

Expenses

Up

$12,522,386

Up $180,351 (+1.5%) from 2016

Net Income

Down

-$1,260,713

Down $24,408 (-2.0%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $18,447,584Liabilities 2012: $5,110,610Net Assets 2012: $13,336,9742012Assets 2013: $17,853,661Liabilities 2013: $4,631,759Net Assets 2013: $13,221,9022013Assets 2014: $20,191,460Liabilities 2014: $6,645,019Net Assets 2014: $13,546,4412014Assets 2015: $19,282,741Liabilities 2015: $6,805,372Net Assets 2015: $12,477,3692015Assets 2016: $18,040,368Liabilities 2016: $6,742,371Net Assets 2016: $11,297,9972016Assets 2017: $17,597,430Liabilities 2017: $7,424,619Net Assets 2017: $10,172,8112017Assets 2018: $15,822,190Liabilities 2018: $6,480,199Net Assets 2018: $9,341,9912018Assets 2019: $14,796,311Liabilities 2019: $6,649,619Net Assets 2019: $8,146,6922019Assets 2020: $15,713,237Liabilities 2020: $6,569,729Net Assets 2020: $9,143,5082020Assets 2021: $16,625,718Liabilities 2021: $5,976,016Net Assets 2021: $10,649,7022021Assets 2022: $17,168,433Liabilities 2022: $8,059,168Net Assets 2022: $9,109,2652022Assets 2024: $17,224,554Liabilities 2024: $10,464,338Net Assets 2024: $6,760,2162024

Highlighted filing

2017

Assets$17,597,430
Liabilities$7,424,619
Net Assets$10,172,811

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $10,883,6542012Expenses 2013: $11,378,5022013Revenue 2014: $11,965,272Expenses 2014: $11,640,733Net Income 2014: $324,5392014Revenue 2015: $11,594,982Expenses 2015: $12,481,125Net Income 2015: -$886,1432015Revenue 2016: $11,105,730Expenses 2016: $12,342,035Net Income 2016: -$1,236,3052016Revenue 2017: $11,261,673Expenses 2017: $12,522,386Net Income 2017: -$1,260,7132017Revenue 2018: $11,619,978Expenses 2018: $12,221,042Net Income 2018: -$601,0642018Revenue 2019: $11,282,604Expenses 2019: $12,452,533Net Income 2019: -$1,169,9292019Revenue 2020: $12,879,848Expenses 2020: $11,934,869Net Income 2020: $944,9792020Revenue 2021: $13,367,997Expenses 2021: $12,128,819Net Income 2021: $1,239,1782021Revenue 2022: $10,809,736Expenses 2022: $12,673,900Net Income 2022: -$1,864,1642022Revenue 2024: $12,714,724Expenses 2024: $14,377,026Net Income 2024: -$1,662,3022024

Highlighted filing

2017

Revenue$11,261,673
Expenses$12,522,386
Net Income-$1,260,713
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 9, 2018
Return Version
2016v3.1
Gross Receipts
$11,269,305
Mission and Program Overview

Mission

Sharing the love of jesus christ through life in a caring community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,763,282$11,200,648▼ $562,634
Accounts Receivable$1,741,631$1,798,528▲ $56,897
Investments in Publicly Traded Securities$961,282$956,892▼ $4,390
Pledges and Grants Receivable$83,619$144,760▲ $61,141
Savings and Temporary Cash Investments$116,982$134,926▲ $17,944
Inventories for Sale or Use$51,816$41,364▼ $10,452
Prepaid Expenses and Deferred Charges$64,772$33,187▼ $31,585
Cash and Non-Interest-Bearing Accounts$1,230$1,070▼ $160
Total Assets$18,040,368$17,597,430▼ $442,938
Other Assets Total$3,255,754$3,286,055▲ $30,301
Liabilities
Tax Exempt Bond Liabilities$5,189,446$4,948,396▼ $241,050
Accounts Payable and Accrued Expenses$794,925$1,354,857▲ $559,932
Mortgage Notes Payable Secured by Investment Property$750,000$1,113,366▲ $363,366
Other Liabilities$8,000$8,000→ $0
Total Liabilities$6,742,371$7,424,619▲ $682,248
Net Assets / Fund Balance
Unrestricted Net Assets$7,576,003$6,310,027▼ $1,265,976
Permanently Rstr Net Assets$3,631,100$3,710,984▲ $79,884
Temporarily Rstr Net Assets$90,894$151,800▲ $60,906
Total Net Assets Fund Balance$11,297,997$10,172,811▼ $1,125,186
Total Liabilities and Net Assets / Fund Balance$18,040,368$17,597,430▼ $442,938

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,583,999$9,357,433$17,941,432
Equipment$504,087$4,130,515$4,634,602
Land$2,038,736-$2,038,736
Other Land Buildings$73,826$210,006$283,832
Other Assets Org$13,022--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$961,282-▲ $102,060-$956,892
2015$842,469-▲ $119,766-$961,282
2014$882,995$14,845▼ $55,371-$842,469
2013$767,048-▲ $118,239-$882,995
2012$716,353-▲ $61,938-$767,048
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dawn St Clair-davisAdministrato$101,585$101,585

Board Members and Trustees

NameTitle
David PennPresident
Clara EhrhartTrustee
Dave SchlembachTrustee
Denette KuhlmanTrustee
Eric MeyerTrustee
Jill KellyTrustee
Maria BerhorstTrustee
Maureen CrickardTrustee
Michael PurolTrustee
Troy KempTrustee
Tyann NobleTrustee
Vicki HaydenTrustee
Rev Bruce WeimenSecretary
Blake MockTreasurer
Matt EhrhartVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$153,148
Program Service Revenue
$10,957,791
Investment Income
$117,690
Other Revenue
$33,044
All Other Contributions
$153,148
Change in Net Assets
$-1,260,713

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,261,673
Revenue Not Reported on Form 990
$143,159
Total Revenue per Audited Statements
$11,404,832
Total Revenue per Form 990
$11,261,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,379,575
Other Expenses$5,142,811
Total Fundraising Expense$140,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,392,484$347,041$54,607$5,794,132
Other Employee Benefits$913,702--$913,702
Depreciation Depletion$795,266--$795,266
Payroll Taxes$462,659--$462,659
All Other Expenses$376,641-$85,965$462,606
Other Expenses$374,034$490,717-$374,034
Insurance$229,459--$229,459
Interest$177,064--$177,064
Pension Plan Contributions$107,497--$107,497
Current Officers, Directors, Trustees, and Key Employees-$101,585-$101,585
Advertising$22,469--$22,469
Total Functional Expenses$11,442,471$939,343$140,572$12,522,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,530,018
Expenses per Audited Statements$12,522,386
Total Expenses per Form 990$12,522,386
Expenses Not Reported on Form 990$7,632
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,676
Fundraising Direct Expenses$7,632
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Pull$40,676$40,676$3,170$37,506
Total Events$40,676$40,676$7,632$33,044
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Fees$8,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Quincy Adams Co2003-12-01$6,000,000SEE PART VI BELOW

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,000,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Dave schlembach michael purol business relationship

Form 990, Page 6, Part VI, Line 11B

A draft of form 990 was emailed to all board members for review and board approval before being filed.

Form 990, Page 6, Part VI, Line 12C

Annually, the board members are given a copy of the conflict of interest policy and are asked to make disclosures of potential conflicts according to the policy.

Form 990, Page 6, Part VI, Line 15A

The board annually reviews administrator's performance and approves compensation package.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Sunset Home
EIN
37-0661224
Phone
2172232636
Address
418 WASHINGTON, QUINCY, IL 62301

Signing Officer

Name
David Penn
Title
President
Phone
2172232636
Signed
2018-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Penn
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
336
Volunteers
64

Preparer

Firm
Gray Hunter Stenn Llp
Address
500 MAINE ST, QUINCY, IL 62301
Preparer
Jeffrey a Mcpherson CPA
Phone
2172220304
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Special events expense 7,632 special events expense -7,632

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Special events expense 7,632

Schedule D, Page 4, Part XII, Line 2D

Special events expense 7,632

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$10.5$6.76$12.7$14.4$1.66
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$8.06$9.11$10.8$12.7$1.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$5.98$10.6$13.4$12.1$1.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$6.57$9.14$12.9$11.9$0.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$6.65$8.15$11.3$12.5$1.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$6.48$9.34$11.6$12.2$0.60
2017Detailed filing. Detailed filing data is available for this year.$17.6$7.42$10.2$11.3$12.5$1.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$6.74$11.3$11.1$12.3$1.24
2015Detailed filing. Detailed filing data is available for this year.$19.3$6.81$12.5$11.6$12.5$0.89
2014Detailed filing. Detailed filing data is available for this year.$20.2$6.65$13.5$12.0$11.6$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$4.63$13.2$11.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$5.11$13.3$10.9