Civic Intelligence

Spaulding for Children

990 • Fiscal year 2019 • EIN 38-1871660

Oct 01, 2018 to Sep 30, 2019 • Filed on Mar 12, 2020

16250 Northland DriveSouthfield, MI 48075

(248) 443-2141

Siviq Scores

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

Liabilities / Assets

60th percentile

0.31x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.22x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$190,150

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

52nd percentile

4.5%

Faster revenue growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,029,108

Up $1,088,349 (+16%) from 2018

Net Assets

Up

$5,533,431

Up $125,421 (+2.3%) from 2018

Liabilities

Up

$2,495,677

Up $962,928 (+63%) from 2018

Revenue

Up

$11,145,018

Up $480,241 (+4.5%) from 2018

Expenses

Up

$10,898,277

Up $702,978 (+6.9%) from 2018

Net Income

Down

$246,741

Down $222,737 (-47%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $4,168,458Liabilities 2011: $941,575Net Assets 2011: $3,226,8832011Assets 2012: $4,221,252Liabilities 2012: $685,775Net Assets 2012: $3,535,4772012Assets 2013: $4,308,846Liabilities 2013: $500,821Net Assets 2013: $3,808,0252013Assets 2014: $4,368,034Liabilities 2014: $413,986Net Assets 2014: $3,954,0482014Assets 2015: $4,661,161Liabilities 2015: $674,640Net Assets 2015: $3,986,5212015Assets 2016: $5,788,178Liabilities 2016: $1,376,977Net Assets 2016: $4,411,2012016Assets 2017: $6,382,323Liabilities 2017: $1,443,791Net Assets 2017: $4,938,5322017Assets 2018: $6,940,759Liabilities 2018: $1,532,749Net Assets 2018: $5,408,0102018Assets 2019: $8,029,108Liabilities 2019: $2,495,677Net Assets 2019: $5,533,4312019Assets 2020: $7,425,127Liabilities 2020: $1,450,667Net Assets 2020: $5,974,4602020Assets 2021: $7,671,227Liabilities 2021: $929,656Net Assets 2021: $6,741,5712021Assets 2022: $7,623,371Liabilities 2022: $1,436,084Net Assets 2022: $6,187,2872022Assets 2023: $8,617,400Liabilities 2023: $1,549,880Net Assets 2023: $7,067,5202023

Highlighted filing

2019

Assets$8,029,108
Liabilities$2,495,677
Net Assets$5,533,431

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,075,682Expenses 2011: $9,876,117Net Income 2011: $199,5652011Expenses 2012: $7,209,8662012Revenue 2013: $6,556,870Expenses 2013: $6,444,227Net Income 2013: $112,6432013Revenue 2014: $6,151,546Expenses 2014: $6,053,831Net Income 2014: $97,7152014Revenue 2015: $7,257,711Expenses 2015: $7,041,063Net Income 2015: $216,6482015Revenue 2016: $8,121,912Expenses 2016: $7,697,232Net Income 2016: $424,6802016Revenue 2017: $9,449,788Expenses 2017: $8,922,457Net Income 2017: $527,3312017Revenue 2018: $10,664,777Expenses 2018: $10,195,299Net Income 2018: $469,4782018Revenue 2019: $11,145,018Expenses 2019: $10,898,277Net Income 2019: $246,7412019Revenue 2020: $7,308,989Expenses 2020: $7,530,290Net Income 2020: -$221,3012020Revenue 2021: $7,454,242Expenses 2021: $7,279,103Net Income 2021: $175,1392021Revenue 2022: $10,216,119Expenses 2022: $9,533,810Net Income 2022: $682,3092022Revenue 2023: $11,272,856Expenses 2023: $11,054,063Net Income 2023: $218,7932023

Highlighted filing

2019

Revenue$11,145,018
Expenses$10,898,277
Net Income$246,741
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Mar 12, 2020
Return Version
2018v3.2
Gross Receipts
$11,989,840
Mission and Program Overview

Mission

In partnership with families, communities, organizations, states, and the nation, spaulding for children's mission is to assure that all children grow up in safe, permanent families and have the help they need to be successful in life.

In partnership with families, communities, organizations, states, and the nation. Spaulding for children's mission is to assure that all children grow up in safe, permanent families and have the help they need to be successful in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,369,742$3,145,081▲ $775,339
Investments in Publicly Traded Securities$3,040,295$3,114,546▲ $74,251
Savings and Temporary Cash Investments$855,758$874,472▲ $18,714
Cash and Non-Interest-Bearing Accounts$308,084$533,589▲ $225,505
Prepaid Expenses and Deferred Charges$60,956$63,375▲ $2,419
Land, Buildings, and Equipment, Net$47,924$36,045▼ $11,879
Total Assets$6,940,759$8,029,108▲ $1,088,349
Other Assets Total$258,000$262,000▲ $4,000
Liabilities
Accounts Payable and Accrued Expenses$1,518,873$2,378,492▲ $859,619
Deferred Revenue$13,876$117,185▲ $103,309
Total Liabilities$1,532,749$2,495,677▲ $962,928
Net Assets / Fund Balance
Unrestricted Net Assets$4,766,501$4,864,665▲ $98,164
Permanently Rstr Net Assets$363,389$363,389→ $0
Temporarily Rstr Net Assets$278,120$305,377▲ $27,257
Total Net Assets Fund Balance$5,408,010$5,533,431▲ $125,421
Total Liabilities and Net Assets / Fund Balance$6,940,759$8,029,108▲ $1,088,349

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,045$152,195$188,240

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$416,509-▲ $15,440-$425,949
2018$412,648-▲ $9,861-$416,509
2017$398,377-▲ $18,271-$412,648
2016$2,348,887-▲ $13,204-$398,377
2015$2,560,231$5,589▼ $94,970$93,029$2,348,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cristina PeixotoPresident/ceFT$179,706$10,444$190,150
Cristina PeixotoPresident/CEO-$148,082$42,068$190,150
Kris HennemanVP of SpauldFT$143,801$7,909$151,710
Kris HennemanVP of Spaulding Inst-$109,854$41,856$151,710
Melinda LisVP of AcademFT$140,386$7,690$148,076
Tina BruceVP of FinancFT$114,280$7,282$121,562
Melissa JenovaiVP of ChildFT$102,892$6,696$109,588

Board Members and Trustees

NameTitle
Crystal SmithBoard Member
Deandre LipscombBoard Member
Edward LiversidgeBoard Member
Joanne NicholsonBoard Member
Kenneth RiceBoard Member
Mable JonesBoard Member
Rhonda Jordan-phillipsBoard Member
Rodenna Hardison-migginsBoard Member
Sandra KentBoard Member
Sheryl CollierBoard Member
Ursula GrahamBoard Member
Verna GreenBoard Member
Veryl WilliamsBoard Member
Willie SmithBoard Member
Bruce HendersonBoard Presid
Cristina ZatekBoard Secret
Kenneth Rice Ended 419Board Secret
Alfred JordanBoard Treasu
David Graham Ended 419Board Treasu
Kristi PlainBoard Vice P

Highest Paid Contractors

ContractorServicesLocationCompensation
Marcia CiprianiVideography24537 MARTEL DRIVE, Farmington Hills, MI 48335$369,480
April E DinwoodieEval/mentor43422 WEST OAKS DR 306, Novi, MI 48377$160,145
-Appl. Cohesion159 W 118TH STREET 3F, New York, NY 10026$117,405
Revenue and Support

Revenue Composition

Contributions and Grants
$8,787,662
Program Service Revenue
$2,058,540
Investment Income
$232,016
Other Revenue
$66,800
All Other Contributions
$281,503
Change in Net Assets
$246,741

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,145,018
Revenue Not Reported on Form 990
$-115,467
Total Revenue per Audited Statements
$11,029,551
Total Revenue per Form 990
$11,145,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,745,624
Salaries, Compensation, and Employee Benefits$3,146,653
Total Fundraising Expense$121,155
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,413,155$408,640$40,796$1,862,591
Fees for Services Other$1,299,598$30,440$21,362$1,351,400
Current Officers, Directors, Trustees, and Key Employees$424,746$322,384-$747,130
Other Employee Benefits$238,323$77,987$16,137$332,447
Travel$266,427$5,327$1,168$272,922
Occupancy$196,382$58,005$3,636$258,023
Office Expenses$189,166$15,601$5,732$210,499
Payroll Taxes$146,840$54,448$3,197$204,485
All Other Expenses$64,151$18,377$10,734$93,262
Other Expenses$64,194$9,133$15,339$88,666
Information Technology$76,033$4,279$12$80,324
Insurance$29,264$15,252$478$44,994
Fees for Services Accounting$31,094$738$517$32,349
Depreciation Depletion$4,981$8,083-$13,064
Advertising$7,371$200$2,025$9,596
Grants to Domestic Individuals$6,000--$6,000
Conferences and Meetings-$2,774-$2,774
Fees for Services Legal$1,909$45$22$1,976
Total Functional Expenses$9,745,409$1,031,713$121,155$10,898,277

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,904,130
Expenses per Audited Statements$10,898,277
Total Expenses per Form 990$10,898,277
Expenses Not Reported on Form 990$5,853
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,430
Fundraising Direct Expenses$17,545
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tapestry$25,430$25,430$17,545$7,885
Total Events$25,430$25,430$17,545$7,885
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 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

A final draft of form 990 is presented to the audit committee once it is received from the organization's accounting firm. The committee then reviews the draft form 990 and recommends it to the full board for filing.

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

Employees are required to complete conflict of interest disclosure statements annually. Such statements are reviewed by management to identify any potential conflicts.

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

The board of directors is responsible for determining and approving the wages of the president and ceo of the organization. The compensation level is determined using guidance from the michigan federation of children and families' salaries and fringe benefit survey report. The board has the objective of setting the compensation level of the ceo in line with compensation levels at other similar organizations. All other employee compensation is set by the ceo, with indirect approval from the board of directors through the budget approval process.

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

All other employee compensation is set aby the ceo, with indirect approval from the board of directors through the budget approval process.

Form 990, Page 6, Part VI, Line 19

Audit, governing documents, and conflict of interest policy are all available on the organization's website at www.spaulding.org. Form 990 is available to the public on www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Spaulding for Children
EIN
38-1871660
Phone
2484432141
Address
16250 NORTHLAND DRIVE, SOUTHFIELD, MI 48075

Signing Officer

Name
Tina Bruce
Title
VP of Finance
Phone
2484430300
Signed
2020-03-12

Organization Details

Principal Officer
Cristina Peixoto
Formed
1968
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
17
Employees
54
Volunteers
60

Preparer

Firm
Yeo & Yeo Pc
Address
822 CENTENNIAL WAY STE 250, LANSING, MI 48917
Preparer
Bradley M Devries
Phone
5173239500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

In partnership with families, communities, organizations, states, and the nation. Spaulding for children's mission is to assure that all children grow up in safe, permanent families and have the help they need to be successful in life.

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

Child and family services spaulding for children kept children from entering foster care by teaching and supporting 36 parents to safely care for them in their homes. We provided foster care services to 159 children, licensed 11 new foster homes, placed 58 children who were entering foster care. Child and family services supported and empowered 9 families to overcome their challenges and eliminated safety concerns so that their children could be safely reunited with them. We found permanent families for 28 children and youth who needed one; they are now thriving in the care of their adoptive families. As of september 30, 2019, we were placing youth in 40 different foster homes in hopes to build stronger families and communities. We also matched 12 children awaiting adoption with prospective families and renewed the agency's child placing agency.

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

The academy/spaulding institute the academy finished a five-year cooperative agreement which culminated with a three-day national meeting in washington d.c. To highlight all of the lessons learned. All eight sites that participated in the project were successfully able to implement an intervention into their permanency continuum and have an evaluation conducted. The minority professional development program graduated the first cohort of fellows. Fifteen fellows from across the country completed an 8-month long fellowship that included courses on transformational leadership, policy, practice and research as well as an action research project that identified a challenge in their local child welfare site. The national training and development curriculum for foster and adoptive parents worked to finalize a national curriculum for prospective foster and adoptive parents. Theatre testing of components of the curriculum was conducted during the year. Eight sites were selected and on-boarded so that they can pilot the curriculum starting in march 2020. We also utilized the hospital-based adoption services (h- bass) which helped ensure pregnant women who wished to place a child for adoption have access to well-trained staff and comprehensive support in the hospital setting throughout the process. The understanding infant adoption training curriculum helped build and develop the capacity of 3,699 individuals in approximately 1,850 hospitals in 31 states. Critical on-going resource family education (core-teen) serves as a state-of-the-art training program to equip resource parents to meet the needs of older youth who have moderate to severe emotional and behavioral challenges. The core-teen team trained caregivers in florida, tennessee, pennsylvania, the eastern band of cherokee, and north carolina. Throughout this process we trained over 3,000 hospital-based staff on adoption issues.

Form 990, Part IX, Line 11G

Honorarium 51,902 1,231 864 consultant 1,231,400 29,209 20,498 investment fees 16,296 0 0 total 1,299,598 30,440 21,362

Form 990, Part XI, Line 9

Special event direct costs 17,545 investment fees -16,296 special event direct costs -17,545 investment fees 16,296

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowments are used to support agency services and consumers including assisting in converting expenses in the adoption program providing scholarships to cover tuition, room and board, fees and associated costs to attend college for present and former children who are or have received services from spaulding for children.

Schedule D, Page 3, Part X

Uncertainty in income taxes - the accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the agency may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based upon the technical merits of the position. Examples of tax positions include the tax-exempt status of the agency and various positions related to the potential sources of unrelated business income (ubi). The tax benefits recognized in the financial statements from such a position are measured based upon the larges benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded liabilities for the year ended september 30, 2019.

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

Special event direct costs 17,545 investment fees -16,296

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

Special event direct costs 17,545 investment fees -16,296

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$1.55$7.07$11.3$11.1$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.62$1.44$6.19$10.2$9.53$0.68
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.67$0.93$6.74$7.45$7.28$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.43$1.45$5.97$7.31$7.53$0.22
2019Detailed filing. Detailed filing data is available for this year.$8.03$2.50$5.53$11.1$10.9$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.94$1.53$5.41$10.7$10.2$0.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$1.44$4.94$9.45$8.92$0.53
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$1.38$4.41$8.12$7.70$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$0.67$3.99$7.26$7.04$0.22
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.37$0.41$3.95$6.15$6.05$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.50$3.81$6.56$6.44$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.69$3.54$7.21
2011Summary only. Only limited summary data is available for this year.$4.17$0.94$3.23$10.1$9.88$0.20
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $10M-$25M nonprofits