Civic Intelligence

Agesmart Community Resources

990 • Fiscal year 2021 • EIN 37-0986597

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 16, 2021

801 West State StreetOfallon, IL 62269

(618) 222-2561

Siviq Scores

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

Liabilities / Assets

64th percentile

0.25x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.06x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

28th percentile

2.1%

Higher net margin than 28% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

49th percentile

$117,145

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

2nd percentile

-32%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

13%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$2,196,758

Down $1,033,060 (-32%) from 2020

Net Assets

Up

$1,646,010

Up $208,719 (+15%) from 2020

Liabilities

Down

$550,748

Down $1,241,779 (-69%) from 2020

Revenue

Up

$9,987,224

Up $1,138,970 (+13%) from 2020

Expenses

Up

$9,778,505

Up $1,191,108 (+14%) from 2020

Net Income

Down

$208,719

Down $52,138 (-20%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $615,324Liabilities 2015: $380,924Net Assets 2015: $234,4002015Assets 2016: $1,399,452Liabilities 2016: $962,839Net Assets 2016: $436,6132016Assets 2017: $1,676,842Liabilities 2017: $1,175,712Net Assets 2017: $501,1302017Assets 2018: $2,328,466Liabilities 2018: $1,444,679Net Assets 2018: $883,7872018Assets 2019: $2,316,614Liabilities 2019: $1,140,180Net Assets 2019: $1,176,4342019Assets 2020: $3,229,818Liabilities 2020: $1,792,527Net Assets 2020: $1,437,2912020Assets 2021: $2,196,758Liabilities 2021: $550,748Net Assets 2021: $1,646,0102021Assets 2022: $2,635,530Liabilities 2022: $1,004,491Net Assets 2022: $1,631,0392022

Highlighted filing

2021

Assets$2,196,758
Liabilities$550,748
Net Assets$1,646,010

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $4,802,138Expenses 2015: $4,775,503Net Income 2015: $26,6352015Revenue 2016: $4,744,656Expenses 2016: $4,542,443Net Income 2016: $202,2132016Revenue 2017: $6,301,324Expenses 2017: $6,236,807Net Income 2017: $64,5172017Revenue 2018: $7,981,686Expenses 2018: $7,599,029Net Income 2018: $382,6572018Revenue 2019: $8,107,817Expenses 2019: $7,815,170Net Income 2019: $292,6472019Revenue 2020: $8,848,254Expenses 2020: $8,587,397Net Income 2020: $260,8572020Revenue 2021: $9,987,224Expenses 2021: $9,778,505Net Income 2021: $208,7192021Revenue 2022: $7,036,315Expenses 2022: $7,051,286Net Income 2022: -$14,9712022

Highlighted filing

2021

Revenue$9,987,224
Expenses$9,778,505
Net Income$208,719
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 16, 2021
Return Version
2020v4.0
Gross Receipts
$9,987,224
Mission and Program Overview

Mission

Agesmart community resources enhances the lives of older adults, persons with disabilities and veterans through advocacy, action and answers on aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,691,023$1,872,517▼ $818,506
Savings and Temporary Cash Investments$507,685$299,483▼ $208,202
Land, Buildings, and Equipment, Net$24,235$17,883▼ $6,352
Prepaid Expenses and Deferred Charges$6,800$6,800→ $0
Cash and Non-Interest-Bearing Accounts$75$75→ $0
Total Assets$3,229,818$2,196,758▼ $1,033,060
Liabilities
Deferred Revenue$656,852$304,453▼ $352,399
Grants Payable$943,095$227,966▼ $715,129
Unsecured Notes Loans Payable$156,800--
Accounts Payable and Accrued Expenses$35,780$18,329▼ $17,451
Total Liabilities$1,792,527$550,748▼ $1,241,779
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,350,367$1,563,760▲ $213,393
Net Assets With Donor Restrictions$86,924$82,250▼ $4,674
Total Net Assets Fund Balance$1,437,291$1,646,010▲ $208,719
Total Liabilities and Net Assets / Fund Balance$3,229,818$2,196,758▼ $1,033,060

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,883$76,262$94,145
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joy PaethCEOFT$93,778$23,367$117,145
Nancy LonsdaleCFOFT$82,305$23,087$105,392

Board Members and Trustees

NameTitle
Klay TiemannPresident
Anita EwingDirector
Connie TurnerDirector
Dr Terrence DuncanDirector
Michael NiermannDirector
Rafael HimDirector
Rita BoydDirector
Sean EifertDirector
Steven WolfDirector
Eugene DunkleySecretary
Donna FrederickTreasurer
Cynthia JohnsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,569,572
Program Service Revenue
$0
Investment Income
$905
Other Revenue
$3,416,747
Change in Net Assets
$208,719

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,987,224
Total Revenue per Audited Statements
$9,987,224
Total Revenue per Form 990
$9,987,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,583,301
Salaries, Compensation, and Employee Benefits$844,053
Other Expenses$351,151
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,583,301--$8,583,301
Other Salaries and Wages-$491,403-$491,403
Current Officers, Directors, Trustees, and Key Employees-$176,083-$176,083
Other Employee Benefits-$93,358-$93,358
Occupancy-$84,198-$84,198
Payroll Taxes-$50,576-$50,576
Pension Plan Contributions-$32,633-$32,633
All Other Expenses-$30,446-$30,446
Fees for Services Accounting-$22,600-$22,600
Office Expenses-$15,203-$15,203
Other Expenses-$10,825-$10,825
Depreciation Depletion-$6,352-$6,352
Travel-$51-$51
Total Functional Expenses$8,583,301$1,195,204$0$9,778,505

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,778,505
Total Expenses per Audited Statements$9,778,505
Total Expenses per Form 990$9,778,505
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Other GranteesCollinsville, ILGovVarious Services$2,726,714
Senior Services Plus IncCentralia, ILGovElderly Assistance$2,323,479
Lessie Bates DavisEast St Louis, IL3Nutrition$679,076
Western Egyptian EocSwansea, IL3Elderly Assistance$373,898
Land of Lincoln Legal AssistanceEast St Louis, IL3Legal/ombudsman$324,091
Healthvisions East St LouisEast St Louis, IL3Transpr/elderly Asst$297,550
Clinton County Senior Services IncCarlyle, IL3Elderly Assistance$287,956
Millstadt Township Senior ServicesMillstadt, ILGovElderly Assistance$250,354
Bond County Senior Citizens CenterGreenville, IL3Elderly Assistance$227,424
Washington County Senior ServicesSteeleville, IL3Elderly Assistance$216,967
Mascoutah Senior Services ProgramMascoutah, IL3Nutrition$145,838
Ne Randolph County Senior ServicesSparta, IL3Elderly Assistance$119,766
Collinsville Area Ministerial AssnCollinsville, IL3Elderly Assistance$107,456
Southwestern Illinois VnaBelleville, ILGovElderly Services$80,281
Village of SteelevilleOkawville, IL3Nutrition$78,496
SAINT JOHN'S COMMUNITY CAREAlton, IL3Transportation$64,808
The Oasis InstituteWaterloo, IL-Various Services$52,250
Faith in Action EdwardsvilleEdwardsville, IL3Transportation$46,029
Centerstone of Illinois IncAlton, IL3Caregiver Counseling$43,998
South Central Il Mass Transit DistSwansea, IL3Transportation$38,977
Swic PsopSteeleville, IL3Caregiver Counceling$38,750
CHILDREN'S HOME & AIDBelleville, IL3Grandparents Srvcs$30,377
Human Support Services--Transportation$13,000
Linc IncAlton, IL3Transportation$8,680
Impact IncSt Louis, MO3Transportation$7,086
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
Yes
Other officer compensation reviewed
Yes
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 11B

Return is examined by finance committee and distributed to entire board for review.

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

The board signs the policy annually.

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

The agency uses the united way wage and salary survey for non-profit agencies.

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

The agency uses the united way wage and salary survey for non-profit agencies.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Agesmart Community Resources
EIN
37-0986597
Phone
6182222561
Address
801 WEST STATE STREET, OFALLON, IL 62269

Signing Officer

Name
Joy Paeth
Title
CEO
Phone
6182222561
Signed
2021-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joy Paeth
Voting Board Members
12
Independent Board Members
12
Employees
17

Preparer

Firm
Rice Sullivan LLC
Address
3121 N ILLINOIS ST SUITE A, SWANSEA, IL 62226
Preparer
Bill R Dixon
Phone
6182330186
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Other programs for seniors - abuse related, home repair and other services provided to assist or inform seniors of their rights

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE 13,787,088
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CAREGIVER COUNSELING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GRANDPARENTS SRVCS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TRANSPR/ELDERLY ASST
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7LEGAL/OMBUDSMAN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8NUTRITION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9NUTRITION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12VARIOUS SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16ELDERLY SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17CAREGIVER COUNCELING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18NUTRITION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20ELDERLY ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23VARIOUS SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24TRANSPORTATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOND COUNTY SENIOR CITIZENS CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CENTERSTONE OF ILLINOIS INC

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