Civic Intelligence

Washington Street Mission

EIN 37-0682988 • 501(c)3 • Springfield, IL

Profile

To share the love of jesus with the people of springfield by providing opportunities to meet their spiritual and physical needs.

408 N 4th StreetSpringfield, IL 62702

www.washingtonstreetmission.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.02x

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

44th percentile

1.8%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$66,500

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

34th percentile

-1.4%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

65%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,082,917

Down $15,132 (-1.4%) from 2021

Liabilities

Up

$26,971

Up $4,944 (+22%) from 2021

Net Assets

Down

$1,055,946

Down $20,076 (-1.9%) from 2021

Revenue

Up

$385,502

Up $152,530 (+65%) from 2021

Expenses

Up

$378,635

Up $6,760 (+1.8%) from 2021

Net Income

Up

$6,867

Up $145,770 (+105%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $1,226,220Liabilities 2018: $0Net Assets 2018: $1,226,2202018Assets 2019: $1,277,148Liabilities 2019: $16,524Net Assets 2019: $1,260,6242019Assets 2020: $1,231,416Liabilities 2020: $18,233Net Assets 2020: $1,213,1832020Assets 2021: $1,098,049Liabilities 2021: $22,027Net Assets 2021: $1,076,0222021Assets 2022: $1,082,917Liabilities 2022: $26,971Net Assets 2022: $1,055,9462022

Highlighted filing

2022

Assets$1,082,917
Liabilities$26,971
Net Assets$1,055,946

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2018: $398,436Expenses 2018: $360,509Net Income 2018: $37,9272018Revenue 2019: $231,958Expenses 2019: $343,513Net Income 2019: -$111,5552019Revenue 2020: $315,067Expenses 2020: $366,378Net Income 2020: -$51,3112020Revenue 2021: $232,972Expenses 2021: $371,875Net Income 2021: -$138,9032021Revenue 2022: $385,502Expenses 2022: $378,635Net Income 2022: $6,8672022

Highlighted filing

2022

Revenue$385,502
Expenses$378,635
Net Income$6,867

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$385,502
Mission and Program Overview

Mission

To share the love of jesus with the people of springfield by providing opportunities to meet their spiritual and physical needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$514,683$589,968▲ $75,285
Land, Buildings, and Equipment, Net$257,557$242,622▼ $14,935
Cash and Non-Interest-Bearing Accounts$214,612$170,061▼ $44,551
Accounts Receivable$9,491$0▼ $9,491
Prepaid Expenses and Deferred Charges$5,896$3,005▼ $2,891
Total Assets$1,098,049$1,082,917▼ $15,132
Other Assets Total$95,810$77,261▼ $18,549
Liabilities
Accounts Payable and Accrued Expenses$22,027$26,971▲ $4,944
Total Liabilities$22,027$26,971▲ $4,944
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$980,380$964,414▼ $15,966
Net Assets With Donor Restrictions$95,642$91,532▼ $4,110
Total Net Assets Fund Balance$1,076,022$1,055,946▼ $20,076
Total Liabilities and Net Assets / Fund Balance$1,098,049$1,082,917▼ $15,132

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$214,602$311,155$525,757
Equipment$18,020$19,768$37,788
Land$10,000-$10,000
Other Land Buildings$0$8,930$8,930
Other Assets Org$73,415--
Other Securities$589,968--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bradley LovinExecutive DirectorFT$66,500$66,500

Board Members and Trustees

NameTitle
Larry AldagPresident
Robert John KaneVice President
Brian HubertDirector
Eldon DavisDirector
Jim MedleyDirector
Kathy SmithDirector
Laura CatherwoodDirector
Thomas ThompsonDirector
Meghan GoldenSecretary
David FickeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$366,541
Program Service Revenue
$0
Investment Income
$13,561
Other Revenue
$5,400
All Other Contributions
$366,541
Change in Net Assets
$6,867

Audited Revenue Reconciliation

Revenue per Audited Statements
$385,502
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-26,943
Total Revenue per Audited Statements
$358,559
Total Revenue per Form 990
$385,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$281,138
Other Expenses$97,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,263$47,819-$156,082
Current Officers, Directors, Trustees, and Key Employees$16,625$49,875-$66,500
Other Employee Benefits$23,411$7,737-$31,148
Occupancy$19,049$6,350-$25,399
Insurance$17,558$5,853-$23,411
Payroll Taxes$10,048$7,860-$17,908
Depreciation Depletion$11,245$3,749-$14,994
Pension Plan Contributions$7,125$2,375-$9,500
Fees for Services Accounting-$6,955-$6,955
Office Expenses-$6,685-$6,685
Information Technology-$5,360-$5,360
Other Expenses$2,784$2,117-$2,117
All Other Expenses$786--$786
Total Functional Expenses$225,900$152,735$0$378,635

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$378,635
Total Expenses per Audited Statements$378,635
Total Expenses per Form 990$378,635
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is available to directors, officers, and key employees at the board meeting prior to filing.

Form 990, Part VI, Section C, Line 19

Form 990 is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Washington Street Mission Inc
EIN
37-0682988
Phone
2175449011
Address
408 N 4TH STREET, SPRINGFIELD, IL 62702

Signing Officer

Name
Larry Aldag
Title
President
Phone
2175449011
Signed
2023-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Aldag
Formed
1910
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
13
Volunteers
1,100

Preparer

Firm
Eck Schafer & Punkellp
Address
227 SOUTH SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes on income related to its exempt purpose under section 501(a) of the internal revenue code (irc) as an organization described under irc section 501(c)(3). The organization is not classified as a private foundation by the internal revenue service. The organization follows accounting principles generally accepted in the united states of america which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of december 31, 2022 were reviewed, and it was determined that no provision for uncertain tax positions is required.

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IRS990/PYOtherExpensesAmt087101
IRS990/PYOtherRevenueAmt02250
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-138903
IRS990/PYSalariesCompEmpBnftPaidAmt0284774
IRS990/PYTotalExpensesAmt0371875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0232972
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06867
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05400
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt052491
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt068475
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt051350
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt049050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0266379
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0487745
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0305374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0223438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0262422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0198685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0372488
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01362407
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09494
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017897
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028904
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt025948
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt096634
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09494
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017897
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt025948
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt096634
IRS990ScheduleA/InvestmentIncomeCYPct00.06600
IRS990ScheduleA/InvestmentIncomePYPct00.05630
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0517
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03929
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04446
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59770
IRS990ScheduleA/PublicSupportPY509Pct00.42980
IRS990ScheduleA/PublicSupportTotal509Amt0874662
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt052491
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt068475
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt051350
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt049050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0266379
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0487745
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372488
IRS990ScheduleA/Total509Grp/TotalAmt01362407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0319765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0232932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0280836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0231518
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0398436
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01463487
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0214602
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0311155
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0525757
IRS990ScheduleD/EquipmentGrp/BookValueAmt018020
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019768
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IRS990ScheduleD/ExpensesNotReportedAmt00
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-26943
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03846
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt173415
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BENEFICIAL INTEREST IN PERPETUAL TRUST
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08930
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08930
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0589968
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-26943
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0385502
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS EXEMPT PURPOSE UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED UNDER IRC SECTION 501(C)(3). THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION FOLLOWS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA WHICH SETS A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX POSITIONS FOR THE OPEN TAX YEARS AS OF DECEMBER 31, 2022 WERE REVIEWED, AND IT WAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0242622
IRS990ScheduleD/TotalBookValueOtherAssetsAmt077261
IRS990ScheduleD/TotalBookValueSecuritiesAmt0589968
IRS990ScheduleD/TotalExpensesPerForm990Amt0378635
IRS990ScheduleD/TotalRevenuePerForm990Amt0385502
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0358559
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0378635
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AT THE BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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