Civic Intelligence

Residential Alternatives Inc.

990 • Fiscal year 2018 • EIN 38-2601696

Oct 01, 2017 to Sep 30, 2018 • Filed on Jan 31, 2019

PO Box 709Highland, MI 48357

(248) 634-7206

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.18x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

37th percentile

-0.6%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$60,291

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

25th percentile

-4.7%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

3.6%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$177,435

Down $8,659 (-4.7%) from 2017

Net Assets

Down

$145,520

Down $8,672 (-5.6%) from 2017

Liabilities

Up

$31,915

Up $13 (+0.0%) from 2017

Revenue

Up

$1,562,063

Up $54,627 (+3.6%) from 2017

Expenses

Up

$1,570,735

Up $73,145 (+4.9%) from 2017

Net Income

Down

-$8,672

Down $18,518 (-188%) from 2017

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 2011: $587,125Liabilities 2011: $57,887Net Assets 2011: $529,2382011Assets 2012: $502,844Liabilities 2012: $65,381Net Assets 2012: $437,4632012Assets 2013: $419,500Liabilities 2013: $55,338Net Assets 2013: $364,1622013Assets 2014: $390,791Liabilities 2014: $56,877Net Assets 2014: $333,9142014Assets 2015: $279,147Liabilities 2015: $63,141Net Assets 2015: $216,0062015Assets 2016: $172,468Liabilities 2016: $28,122Net Assets 2016: $144,3462016Assets 2017: $186,094Liabilities 2017: $31,902Net Assets 2017: $154,1922017Assets 2018: $177,435Liabilities 2018: $31,915Net Assets 2018: $145,5202018Assets 2019: $198,627Liabilities 2019: $35,238Net Assets 2019: $163,3892019Assets 2020: $694,138Liabilities 2020: $287,968Net Assets 2020: $406,1702020Assets 2021: $723,468Liabilities 2021: $73,774Net Assets 2021: $649,6942021Assets 2022: $1,028,003Liabilities 2022: $79,470Net Assets 2022: $948,5332022Assets 2023: $1,141,015Liabilities 2023: $57,558Net Assets 2023: $1,083,4572023

Highlighted filing

2018

Assets$177,435
Liabilities$31,915
Net Assets$145,520

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,011,254Expenses 2011: $2,000,206Net Income 2011: $11,0482011Expenses 2012: $2,006,0312012Revenue 2013: $1,773,628Expenses 2013: $1,846,929Net Income 2013: -$73,3012013Revenue 2014: $1,597,939Expenses 2014: $1,628,187Net Income 2014: -$30,2482014Revenue 2015: $1,482,067Expenses 2015: $1,599,975Net Income 2015: -$117,9082015Revenue 2016: $1,530,908Expenses 2016: $1,602,568Net Income 2016: -$71,6602016Revenue 2017: $1,507,436Expenses 2017: $1,497,590Net Income 2017: $9,8462017Revenue 2018: $1,562,063Expenses 2018: $1,570,735Net Income 2018: -$8,6722018Revenue 2019: $1,643,943Expenses 2019: $1,626,074Net Income 2019: $17,8692019Revenue 2020: $1,939,255Expenses 2020: $1,696,474Net Income 2020: $242,7812020Revenue 2021: $1,939,682Expenses 2021: $1,696,158Net Income 2021: $243,5242021Revenue 2022: $2,112,052Expenses 2022: $1,813,213Net Income 2022: $298,8392022Revenue 2023: $2,090,753Expenses 2023: $1,955,829Net Income 2023: $134,9242023

Highlighted filing

2018

Revenue$1,562,063
Expenses$1,570,735
Net Income-$8,672
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jan 31, 2019
Return Version
2017v2.3
Gross Receipts
$1,562,063
Mission and Program Overview

Mission

Providing educational and rehabilative training to developmentally disabled adults in 5 licensed adult foster care homes and 1 unlicensed homes.

Providing education rehabilative training to developmentally disabled adults in 5 licensed adult foster care homes and 1 unlicensed homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$154,192$145,520▼ $8,672
Accounts Receivable$98,127$122,526▲ $24,399
Cash and Non-Interest-Bearing Accounts$78,596$49,991▼ $28,605
Prepaid Expenses and Deferred Charges$9,371$4,918▼ $4,453
Total Assets$186,094$177,435▼ $8,659
Liabilities
Accounts Payable and Accrued Expenses$31,902$31,915▲ $13
Total Liabilities$31,902$31,915▲ $13
Net Assets / Fund Balance
Total Net Assets Fund Balance$154,192$145,520▼ $8,672
Total Liabilities and Net Assets / Fund Balance$186,094$177,435▼ $8,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Renee OstromEx. DirectorFT$60,291$60,291

Board Members and Trustees

NameTitle
Christian UrsulaTrustee
Donna KarmanTrustee
Josephine FeijooSecretary
Manual ReyesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,561,995
Investment Income
$68
Other Revenue
$0
Change in Net Assets
$-8,672

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,562,063
Total Revenue per Audited Statements
$1,562,063
Total Revenue per Form 990
$1,562,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,285,765
Other Expenses$284,970
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,072,613--$1,072,613
Payroll Taxes$90,726$7,010-$97,736
Current Officers, Directors, Trustees, and Key Employees-$92,340-$92,340
Occupancy$43,128$6,205-$49,333
Insurance$10,566$28,083-$38,649
Other Employee Benefits$7,199$14,377-$21,576
Fees for Services Accounting-$19,070-$19,070
Other Expenses$14,064$2,160-$14,064
Office Expenses$2,407$5,005-$7,412
All Other Expenses$1,925--$1,925
Other Salaries and Wages-$1,500-$1,500
Total Functional Expenses$1,391,843$178,892$0$1,570,735

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,570,735
Total Expenses per Audited Statements$1,570,735
Total Expenses per Form 990$1,570,735
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Trustee - ursula christian is the sister of secretary josephine feijoo, also employee dominic feijoo, home manager is her son.

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

No, it is sent for review after the accountant completes it and it is filed.

Form 990, Part VI, Section B, Line 12C

Reviewed by the treasurer, who is a cpa.

Form 990, Part VI, Section B, Line 15B

Compensation recommendations are made by the board of directors using comparative data, length of service, and corporate stability for the executive director, other key employees. Compensation is determined by the exec. Dir. Availability of funds, length of service, performance and comparative data.

Form 990, Part VI, Section C, Line 19

They are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Residential Alternatives Inc
EIN
38-2601696
Phone
2486347206
Address
PO BOX 709, HIGHLAND, MI 48357

Signing Officer

Name
Renee Ostrom
Title
Ex Director
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Renee Ostrom
Formed
2000
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
80

Preparer

Firm
Kurt A Koenig EA
Address
5391 Belford Rd, Holly, MI 48442
Preparer
Kurt A Koenig
Phone
2482456544
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 319,124, Grants and allocations 0, Revenue 336,233 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - MAUREEN

Form 990, Part III, Line 4D

Program Service Expenses 346,135, Grants and allocations 0, Revenue 307,548 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - TIMBER HILL

Form 990, Part III, Line 4D

Program Service Expenses 329,188, Grants and allocations 0, Revenue 314,664 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - APPOMATTOX

Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt07679928
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01561995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01507379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01530824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01481946
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01597784
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07679928
IRS990ScheduleA/TotalSupportAmt07680413
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01570735
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt01562063
IRS990ScheduleD/TotalExpensesPerForm990Amt01570735
IRS990ScheduleD/TotalRevenuePerForm990Amt01562063
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01562063
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01570735
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 319,124, Grants and allocations 0, Revenue 336,233 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - MAUREEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 346,135, Grants and allocations 0, Revenue 307,548 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - TIMBER HILL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 329,188, Grants and allocations 0, Revenue 314,664 HOME CARE FOR THE DEVELOPMENTALLY DISABLED - APPOMATTOX
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEE - URSULA CHRISTIAN IS THE SISTER OF SECRETARY JOSEPHINE FEIJOO, ALSO EMPLOYEE DOMINIC FEIJOO, HOME MANAGER IS HER SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO, IT IS SENT FOR REVIEW AFTER THE ACCOUNTANT COMPLETES IT AND IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEWED BY THE TREASURER, WHO IS A CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION RECOMMENDATIONS ARE MADE BY THE BOARD OF DIRECTORS USING COMPARATIVE DATA, LENGTH OF SERVICE, AND CORPORATE STABILITY FOR THE EXECUTIVE DIRECTOR, OTHER KEY EMPLOYEES. COMPENSATION IS DETERMINED BY THE EXEC. DIR. AVAILABILITY OF FUNDS, LENGTH OF SERVICE, PERFORMANCE AND COMPARATIVE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THEY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0186094
IRS990/TotalAssetsEOYAmt0177435
IRS990/TotalAssetsGrp/BOYAmt0186094
IRS990/TotalAssetsGrp/EOYAmt0177435
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt080
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0178892
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01391843
IRS990/TotalFunctionalExpensesGrp/TotalAmt01570735
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031902
IRS990/TotalLiabilitiesEOYAmt031915
IRS990/TotalLiabilitiesGrp/BOYAmt031902
IRS990/TotalLiabilitiesGrp/EOYAmt031915
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0154192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0145520
IRS990/TotalOtherProgSrvcExpenseAmt0994447
IRS990/TotalOtherProgSrvcRevenueAmt0958445
IRS990/TotalProgramServiceExpensesAmt01570735
IRS990/TotalProgramServiceRevenueAmt01561995
IRS990/TotalReportableCompFromOrgAmt060291
IRS990/TotalRevenueGrp/ExclusionAmt068
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01561995
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01562063
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0186094
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0177435
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014087 PLACID DR
IRS990/USAddress/CityNm0HOLLY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048442
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RENEE OSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESIDENTIAL ALTERNATIVES INC
ReturnHeader/Filer/BusinessNameControlTxt0RESI
ReturnHeader/Filer/EIN0382601696
ReturnHeader/Filer/PhoneNum02486347206
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 709
ReturnHeader/Filer/USAddress/CityNm0HIGHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048357
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A03D8FFBD656CAFB3CEE42CB2D4C92993149F0BD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A03D8FFBD656CAFB3CEE42CB2D4C92993149F0BD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.48.76.241
ReturnHeader/FilingSecurityInformation/IPDt02019-01-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:24:08
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kurt A Koenig EA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05391 Belford Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Holly
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048442
ReturnHeader/PreparerPersonGrp/PhoneNum02482456544
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kurt A Koenig
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-01-31T03:00:47-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

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.$1.14$0.06$1.08$2.09$1.96$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.08$0.95$2.11$1.81$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.07$0.65$1.94$1.70$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.29$0.41$1.94$1.70$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.04$0.16$1.64$1.63$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.15$1.56$1.57$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.03$0.15$1.51$1.50$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$1.53$1.60$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.06$0.22$1.48$1.60$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.06$0.33$1.60$1.63$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.42$0.06$0.36$1.77$1.85$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.07$0.44$2.01
2011Summary only. Only limited summary data is available for this year.$0.59$0.06$0.53$2.01$2.00$0.01