Civic Intelligence

Ethelyn C Burt Trust

990 • Fiscal year 2013 • EIN 37-6063782

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 20, 2014

24588 Church StreetChenoa, IL 61726

(309) 747-2702

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.14x

Higher debt load relative to assets than 63% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

89th percentile

1.03x

Higher debt load relative to revenue than 89% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

6th percentile

-53%

Higher net margin than 6% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

95th percentile

$161,424

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 116.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

25th percentile

-4.6%

Faster asset growth than 25% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$988,604

Down $47,813 (-4.6%) from 2012

Net Assets

Down

$845,546

Down $73,791 (-8.0%) from 2012

Liabilities

Up

$143,058

Up $25,978 (+22%) from 2012

Revenue

$139,127

No earlier filing loaded for comparison.

Expenses

Up

$212,918

Up $8,396 (+4.1%) from 2012

Net Income

-$73,791

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,024,191Liabilities 2010: $141,259Net Assets 2010: $882,9322010Assets 2011: $964,451Liabilities 2011: $125,173Net Assets 2011: $839,2782011Assets 2012: $1,036,417Liabilities 2012: $117,080Net Assets 2012: $919,3372012Assets 2013: $988,604Liabilities 2013: $143,058Net Assets 2013: $845,5462013Assets 2014: $889,906Liabilities 2014: $101,012Net Assets 2014: $788,8942014Assets 2015: $789,788Liabilities 2015: $75,451Net Assets 2015: $714,3372015Assets 2016: $760,461Liabilities 2016: $58,740Net Assets 2016: $701,7212016Assets 2017: $728,275Liabilities 2017: $61,693Net Assets 2017: $666,5822017

Highlighted filing

2013

Assets$988,604
Liabilities$143,058
Net Assets$845,546

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $220,2922010Expenses 2011: $218,2702011Expenses 2012: $204,5222012Revenue 2013: $139,127Expenses 2013: $212,918Net Income 2013: -$73,7912013Revenue 2014: $156,050Expenses 2014: $212,702Net Income 2014: -$56,6522014Revenue 2015: $148,620Expenses 2015: $223,177Net Income 2015: -$74,5572015Revenue 2016: $188,306Expenses 2016: $200,922Net Income 2016: -$12,6162016Revenue 2017: $164,917Expenses 2017: $200,056Net Income 2017: -$35,1392017

Highlighted filing

2013

Revenue$139,127
Expenses$212,918
Net Income-$73,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 20, 2014
Return Version
2013v3.1
Gross Receipts
$139,127
Mission and Program Overview

Mission

Provides senior citizen housing, duplexes, and a community senior center. 22 seniors resided in the duplexes during the year.

Provides senior citizen housing, duplexes, and a community senior center. 20 seniors resided in the duplexes during the year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$560,604$517,817▼ $42,787
Savings and Temporary Cash Investments$468,614$462,510▼ $6,104
Accounts Receivable$1,929$1,445▼ $484
Total Assets$1,036,417$988,604▼ $47,813
Other Assets Total$5,270$6,832▲ $1,562
Liabilities
Deferred Revenue$109,028$133,848▲ $24,820
Accounts Payable and Accrued Expenses$8,052$9,210▲ $1,158
Total Liabilities$117,080$143,058▲ $25,978
Net Assets / Fund Balance
Unrestricted Net Assets$919,337$845,546▼ $73,791
Total Net Assets Fund Balance$919,337$845,546▼ $73,791
Total Liabilities and Net Assets / Fund Balance$1,036,417$988,604▼ $47,813

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$474,865$1,322,666$1,797,531
Leasehold Improvements$167$522,971$523,138
Land$39,160-$39,160
Equipment$3,625$24,031$27,656
Other Assets Org$328--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Roger HaslerChief Financial OfficerFT$117,108$117,108

Board Members and Trustees

NameTitle
Mary DyckChairperson
Paul WatkinsVice-chairperson
Brandon EndressDirector
Curt OyerDirector
Deb MoranDirector
Gary KeithDirector
John McdonaldDirector
Ron HodelDirector
Robert BertscheChief Executive Officer
Kathy TrachselSecretary
Tom KahleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$137,118
Investment Income
$2,009
Other Revenue
$0
Change in Net Assets
$-73,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$84,000-$84,000
Depreciation Depletion$57,887--$57,887
Occupancy$55,160--$55,160
Insurance$7,720$586-$8,306
Advertising-$3,885-$3,885
All Other Expenses$876$371-$1,247
Fees for Services Accounting-$1,000-$1,000
Office Expenses-$744-$744
Fees for Services Other-$689-$689
Total Functional Expenses$121,643$91,275$0$212,918
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Management duties delegation Part VI line 3

The organization outsources management responsibilities to a related organization (meadows mennonite retirement community association). The fees paid are based upon estimated costs and the usage of facilities and personnel.

Form 990 governing body review Part VI line 11

A copy of the 990 was provided to each member of the board of directors for their review. The board of directors would discuss objections, if any, at a meeting prior to filing the 990.

Conflict of interest policy compliance Part VI line 12C

The governing board performs periodic reviews during the november meeting of each year. Required for this review is a signed statement from each individual with governing board delegated powers stating their compliance with the conflict of interest policy. If the board has reasonable cause to believe a member has failed to disclose conflicts of interest, they shall investigate and take disciplinary and corrective action, if necessary.

CEO executive director top management comp Part VI line 15A

The ceo's salary is determined by the board of directors. Salaries are based upon experience, training, education, job performance, longevity within the organization, and in comparison with other salaries in organizations providing similar services.

Other officer or key employee compensation Part VI line 15B

Ther salaries of other officers and key employees are determined by the ceo. All salaries are based upon experience, training, education, job performance, longevity within the organization, and in comparison with other salaries in organizations providing similar services.

Governing documents etc available to public Part VI line 19

The organization does not make it governing documents, conflict of interest policy, and financial statements available to the public at this time.

Filing and Contact Details

Filer

EIN
37-6063782

Signing Officer

Name
Robert Bertsche
Title
Chief Executive
Phone
3097472702
Signed
2014-03-20
Discuss with paid preparer
No

Organization Details

Formed
1982
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
9
Employees
0

Preparer

Preparer
Lori Salmi
Phone
3094444909
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IRS990ScheduleA/InvestmentIncomeCYPct00.02720
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt038837
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IRS990ScheduleD/EquipmentGrp/BookValueAmt03625
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024031
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027656
IRS990ScheduleD/LandGrp/BookValueAmt039160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt039160
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0522971
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0523138
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06504
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1328
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST RECEIVABLE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OUTSOURCES MANAGEMENT RESPONSIBILITIES TO A RELATED ORGANIZATION (MEADOWS MENNONITE RETIREMENT COMMUNITY ASSOCIATION). THE FEES PAID ARE BASED UPON ESTIMATED COSTS AND THE USAGE OF FACILITIES AND PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 WAS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD OF DIRECTORS WOULD DISCUSS OBJECTIONS, IF ANY, AT A MEETING PRIOR TO FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BOARD PERFORMS PERIODIC REVIEWS DURING THE NOVEMBER MEETING OF EACH YEAR. REQUIRED FOR THIS REVIEW IS A SIGNED STATEMENT FROM EACH INDIVIDUAL WITH GOVERNING BOARD DELEGATED POWERS STATING THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE CONFLICTS OF INTEREST, THEY SHALL INVESTIGATE AND TAKE DISCIPLINARY AND CORRECTIVE ACTION, IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS. SALARIES ARE BASED UPON EXPERIENCE, TRAINING, EDUCATION, JOB PERFORMANCE, LONGEVITY WITHIN THE ORGANIZATION, AND IN COMPARISON WITH OTHER SALARIES IN ORGANIZATIONS PROVIDING SIMILAR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THER SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE CEO. ALL SALARIES ARE BASED UPON EXPERIENCE, TRAINING, EDUCATION, JOB PERFORMANCE, LONGEVITY WITHIN THE ORGANIZATION, AND IN COMPARISON WITH OTHER SALARIES IN ORGANIZATIONS PROVIDING SIMILAR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT MAKE IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10MEADOWS MENNONITE RETIREMENT
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MINISTER TO THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1024588 CHURCH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0CHENOA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0IL
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0121643
IRS990/TotalFunctionalExpensesGrp/TotalAmt0212918
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0919337
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