Civic Intelligence

Whaley Memorial Foundation

990 • Fiscal year 2015 • EIN 38-1358235

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

1201 N Grand TraverseFlint, MI 48503

(810) 234-3603

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.18x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

52nd percentile

3.5%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

23rd percentile

$102,736

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

32nd percentile

-2.0%

Faster asset growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$11,293,188

Down $234,869 (-2.0%) from 2014

Net Assets

Down

$10,578,302

Down $514,609 (-4.6%) from 2014

Liabilities

Up

$714,886

Up $279,740 (+64%) from 2014

Revenue

Down

$4,001,320

Down $3,954,807 (-50%) from 2014

Expenses

Down

$3,860,756

Down $328,106 (-7.8%) from 2014

Net Income

Down

$140,564

Down $3,626,701 (-96%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $6,660,364Liabilities 2010: $345,100Net Assets 2010: $6,315,2642010Assets 2011: $6,547,925Liabilities 2011: $315,929Net Assets 2011: $6,231,9962011Assets 2012: $6,838,509Liabilities 2012: $330,675Net Assets 2012: $6,507,8342012Assets 2013: $7,638,998Liabilities 2013: $322,213Net Assets 2013: $7,316,7852013Assets 2014: $11,528,057Liabilities 2014: $435,146Net Assets 2014: $11,092,9112014Assets 2015: $11,293,188Liabilities 2015: $714,886Net Assets 2015: $10,578,3022015Assets 2016: $10,969,614Liabilities 2016: $1,253,579Net Assets 2016: $9,716,0352016Assets 2017: $11,563,388Liabilities 2017: $1,480,332Net Assets 2017: $10,083,0562017Assets 2018: $10,943,364Liabilities 2018: $1,119,872Net Assets 2018: $9,823,4922018Assets 2019: $12,089,442Liabilities 2019: $869,989Net Assets 2019: $11,219,4532019Assets 2020: $13,282,347Liabilities 2020: $1,875,990Net Assets 2020: $11,406,3572020Assets 2021: $14,711,465Liabilities 2021: $625,298Net Assets 2021: $14,086,1672021Assets 2022: $14,035,530Liabilities 2022: $480,029Net Assets 2022: $13,555,5012022Assets 2023: $15,329,060Liabilities 2023: $929,054Net Assets 2023: $14,400,0062023Assets 2024: $17,204,981Liabilities 2024: $1,769,165Net Assets 2024: $15,435,8162024

Highlighted filing

2015

Assets$11,293,188
Liabilities$714,886
Net Assets$10,578,302

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,547,7652010Expenses 2011: $3,686,2622011Expenses 2012: $4,030,0682012Revenue 2013: $3,996,165Expenses 2013: $3,964,503Net Income 2013: $31,6622013Revenue 2014: $7,956,127Expenses 2014: $4,188,862Net Income 2014: $3,767,2652014Revenue 2015: $4,001,320Expenses 2015: $3,860,756Net Income 2015: $140,5642015Revenue 2016: $3,662,353Expenses 2016: $5,064,668Net Income 2016: -$1,402,3152016Revenue 2017: $4,650,812Expenses 2017: $5,087,743Net Income 2017: -$436,9312017Revenue 2018: $6,894,171Expenses 2018: $5,418,094Net Income 2018: $1,476,0772018Revenue 2019: $7,371,596Expenses 2019: $5,856,117Net Income 2019: $1,515,4792019Revenue 2020: $5,605,464Expenses 2020: $6,205,341Net Income 2020: -$599,8772020Revenue 2021: $7,553,701Expenses 2021: $6,386,042Net Income 2021: $1,167,6592021Revenue 2022: $7,356,702Expenses 2022: $6,695,218Net Income 2022: $661,4842022Revenue 2023: $7,398,174Expenses 2023: $8,329,485Net Income 2023: -$931,3112023Revenue 2024: $9,731,254Expenses 2024: $8,756,891Net Income 2024: $974,3632024

Highlighted filing

2015

Revenue$4,001,320
Expenses$3,860,756
Net Income$140,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$4,812,192
Mission and Program Overview

Mission

Whaley children's center provides tools to children and families who have experienced trauma to reach their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,508,047$2,985,759▼ $522,288
Land, Buildings, and Equipment, Net$1,006,260$1,329,917▲ $323,657
Accounts Receivable$626,231$804,337▲ $178,106
Pledges and Grants Receivable$42,662$748,309▲ $705,647
Cash and Non-Interest-Bearing Accounts$482,848$66,512▼ $416,336
Savings and Temporary Cash Investments$86,416$62,509▼ $23,907
Prepaid Expenses and Deferred Charges$19,108$55,026▲ $35,918
Total Assets$11,528,057$11,293,188▼ $234,869
Other Assets Total$5,756,485$5,240,819▼ $515,666
Liabilities
Accounts Payable and Accrued Expenses$363,165$367,651▲ $4,486
Other Liabilities$18,104$333,981▲ $315,877
Mortgage Notes Payable Secured by Investment Property$41,377$13,254▼ $28,123
Deferred Revenue$12,500--
Total Liabilities$435,146$714,886▲ $279,740
Net Assets / Fund Balance
Permanently Rstr Net Assets$8,074,791$7,559,125▼ $515,666
Unrestricted Net Assets$2,907,623$2,175,269▼ $732,354
Temporarily Rstr Net Assets$110,497$843,908▲ $733,411
Total Net Assets Fund Balance$11,092,911$10,578,302▼ $514,609
Total Liabilities and Net Assets / Fund Balance$11,528,057$11,293,188▼ $234,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,119,970$2,689,107$3,809,077
Equipment$82,755$451,111$533,866
Other Land Buildings$91,692$111,466$203,158
Land$35,500-$35,500
Other Assets Org$30,198--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$8,519,187-▼ $311,871$548,556$7,658,760
2014$4,721,837$3,871,600▲ $257,385$331,635$8,519,187
2013$4,211,481$293,526▲ $373,342$156,512$4,721,837
2012$4,075,077-▲ $275,648$139,244$4,211,481
2011$4,136,273-▲ $38,145$99,341$4,075,077
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin Roach MswFormer PresiFT$102,736-$102,736
Becki FlanaginCFOFT$78,970$4,925$83,895
Mindy PrusaPresident &FT$3,385-$3,385

Board Members and Trustees

NameTitle
Anne KellyChairperson
Christopher EstesVice Chairpe
Gordy TaylorDirector
Kim GrayDirector
Mona Hardas MdDirector
Rebecca BartleyDirector
Susan GoeringDirector
Walter Barkey MdDirector
Fred HenslerSecretary
Scott TriplettTreasurer
Tj SlivkaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,339,420
Program Service Revenue
$2,302,145
Investment Income
$339,438
Other Revenue
$20,317
All Other Contributions
$1,053,387
Change in Net Assets
$140,564

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$71,217Donor Provided
Total Noncash Contributions$71,217-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,001,320
Revenue Not Reported on Form 990
$-218,704
Total Revenue per Audited Statements
$3,782,616
Total Revenue per Form 990
$4,001,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,781,799
Other Expenses$900,083
Total Fundraising Expense$252,121
Grants and Similar Amounts Paid$178,874
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,833,891$132,837$170,844$2,137,572
Payroll Taxes$203,338$35,069$18,844$257,251
Occupancy$175,509$69,853$2,659$248,021
Other Employee Benefits$155,981$21,977$14,456$192,414
Current Officers, Directors, Trustees, and Key Employees-$190,016-$190,016
Grants to Domestic Individuals$178,874--$178,874
Depreciation Depletion$147,080--$147,080
Insurance$83,458$40,183-$123,641
Fees for Services Legal-$75,792-$75,792
Office Expenses$39,682$20,446$9,166$69,294
Travel$62,421$2,014$371$64,806
Fees for Services Other$34,140$16,944$389$51,473
Fees for Services Accounting-$42,796-$42,796
Conferences and Meetings$1,788$17,355$2,775$21,918
Interest$1,254$4,839$2,042$8,135
Other Expenses$1,818$3,655$8,850$5,473
Pension Plan Contributions$4,546--$4,546
Total Functional Expenses$2,923,780$684,855$252,121$3,860,756

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,297,225
Expenses per Audited Statements$3,860,756
Total Expenses per Form 990$3,860,756
Expenses Not Reported on Form 990$436,469
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,636
Fundraising Direct Expenses$183,951
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$111,694$58,500$42,902$15,598
Gala$208,058$52,500$76,705$-24,205
Total Events$422,382$195,636$183,951$11,685
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit Borrowings$320,000
Annuity Payable$13,981
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 11B

The cfo reviewed the form 990 prior to filing. The form was provided to board members before it was filed.

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

Ongoing transactions and contracts are reviewed annually by management and will be evaluated for possible conflicts of interest.

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

Ceo salary is reviewed and approved by independent board members and comparability data from michigan federation and alliance for children and families is reviewed. Decisions regarding compensation are documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

Governing documents are kept at the business address and are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
WHALEY CHILDREN'S CENTER INC
EIN
38-1358235
Phone
8102343603
Address
1201 N GRAND TRAVERSE, FLINT, MI 48503

Signing Officer

Name
Mindy Prusa
Title
President & CEO
Phone
8102343603
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mindy Prusa
Formed
1926
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
167
Volunteers
400

Preparer

Firm
Yeo & Yeo Pc
Address
4468 OAK BRIDGE DR, FLINT, MI 48532-5422
Preparer
Jennifer Watkins
Phone
8107323000
Supplemental Narrative

Additional Explanations

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

Established in 1926, whaley children's center is a private residential treatment facility serving children from all over michigan. Whaley cares for and provides treatment for young children who have survived moderate to extreme neglect, physical abuse, and sexual abuse. In addition, children have survived domestic violence, substance abuse, and witnessed extreme violence. With the average age of children being 11 years old, whaley is one of the few facilities that takes children as young as 5 years old. Our services include residential care, individual therapy, group therapy, family therapy, life skills, social skills, educational services, after care support and mentoring. Whaley provides evidence based treatment including trauma focused cognitive behavioral therapy, the sanctuary model, collaborative problem solving, and the circle of courage. Through the intensive 3:1 support that whaley provides, which is amongst the highest in the state of michigan, whaley has a 75 percent success rate of children leaving to families, armed with the tools and skills to become principled young adults. In 2015, whaley provided 11,287 days of care to our resident children.

Form 990, Part XI, Line 9

Losses reported on return -252,518 change in value of beneficial interests held by third part -446,793 special event expenses netted to revenue on 990 but 0 reported gross on the financial statements 183,951 change in value of crut -57,637 insurance proceeds 288,020 special event expenses netted to revenue on 990 but 0 reported gross on the financial statements -183,951 total -468,928

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The funds are intended to be spent consistent with restrictions imposed.

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

Change in value of beneficial interests held by third part -446,793 special event expenses netted to revenue on 990 but 0 reported gross on the financial statements 183,951 change in value of crut -57,637 insurance proceeds 288,020

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

Special event expenses netted to revenue on 990 but 0 reported gross on the financial statements 183,951

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IRS990/Desc0SEE SCHEDULE O ESTABLISHED IN 1926, WHALEY CHILDREN'S CENTER IS A PRIVATE RESIDENTIAL TREATMENT FACILITY SERVING CHILDREN FROM ALL OVER MICHIGAN. WHALEY CARES FOR AND PROVIDES TREATMENT FOR YOUNG CHILDREN WHO HAVE SURVIVED MODERATE TO EXTREME NEGLECT, PHYSICAL ABUSE, AND SEXUAL ABUSE. IN ADDITION, CHILDREN HAVE SURVIVED DOMESTIC VIOLENCE, SUBSTANCE ABUSE, AND WITNESSED EXTREME VIOLENCE. WITH THE AVERAGE AGE OF CHILDREN BEING 11 YEARS OLD, WHALEY IS ONE OF THE FEW FACILITIES THAT TAKES CHILDREN AS YOUNG AS 5 YEARS OLD. OUR SERVICES INCLUDE RESIDENTIAL CARE, INDIVIDUAL THERAPY, GROUP THERAPY, FAMILY THERAPY, LIFE SKILLS, SOCIAL SKILLS, EDUCATIONAL SERVICES, AFTER CARE SUPPORT AND MENTORING. WHALEY PROVIDES EVIDENCE BASED TREATMENT INCLUDING TRAUMA FOCUSED COGNITIVE BEHAVIORAL THERAPY, THE SANCTUARY MODEL, COLLABORATIVE PROBLEM SOLVING, AND THE CIRCLE OF COURAGE. THROUGH THE INTENSIVE 3:1 SUPPORT THAT WHALEY PROVIDES, WHICH IS AMONGST THE HIGHEST IN THE STATE OF MICHIGAN, WHALEY HAS A 75 PERCENT SUCCESS RATE OF CHILDREN LEAVING TO FAMILIES, ARMED WITH THE TOOLS AND SKILLS TO BECOME PRINCIPLED YOUNG ADULTS. IN 2015, WHALEY PROVIDED 11,287 DAYS OF CARE TO OUR RESIDENT CHILDREN.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
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IRS990/OfficeExpensesGrp/TotalAmt069294
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021977
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0155981
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0192414
IRS990/OtherExpensesGrp/Desc0DUES AND COMMUNITY RELATI
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
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IRS990/OtherExpensesGrp/FundraisingAmt18850
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IRS990/OtherExpensesGrp/TotalAmt18850
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IRS990/PrincipalOfficerNm0MINDY PRUSA
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IRS990/PYGrantsAndSimilarPaidAmt0164513
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IRS990/PYOtherExpensesAmt0984498
IRS990/PYOtherRevenueAmt0-793
IRS990/PYProgramServiceRevenueAmt02888436
IRS990/PYRevenuesLessExpensesAmt03767265
IRS990/PYSalariesCompEmpBnftPaidAmt03039851
IRS990/PYTotalExpensesAmt04188862
IRS990/PYTotalRevenueAmt07956127
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0140564
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt02302145
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062509
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BEQUEST 755,687
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1MISCELLANEOUS 79,343
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 10
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IRS990ScheduleA/TotalSupportAmt03745797
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt01119970
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02689107
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07658760
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-311871
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0548556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04721837
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03871600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08519187
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0257385

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.2$1.77$15.4$9.73$8.76$0.97
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.93$14.4$7.40$8.33$0.93
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.48$13.6$7.36$6.70$0.66
2021Detailed filing. Detailed filing data is available for this year.$14.7$0.63$14.1$7.55$6.39$1.17
2020Detailed filing. Detailed filing data is available for this year.$13.3$1.88$11.4$5.61$6.21$0.60
2019Detailed filing. Detailed filing data is available for this year.$12.1$0.87$11.2$7.37$5.86$1.52
2018Detailed filing. Detailed filing data is available for this year.$10.9$1.12$9.82$6.89$5.42$1.48
2017Detailed filing. Detailed filing data is available for this year.$11.6$1.48$10.1$4.65$5.09$0.44
2016Detailed filing. Detailed filing data is available for this year.$11.0$1.25$9.72$3.66$5.06$1.40
2015Detailed filing. Detailed filing data is available for this year.$11.3$0.71$10.6$4.00$3.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.44$11.1$7.96$4.19$3.77
2013Detailed filing. Detailed filing data is available for this year.$7.64$0.32$7.32$4.00$3.96$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$0.33$6.51$4.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.32$6.23$3.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$0.35$6.32$3.55