Civic Intelligence

Residential Options Inc.

990 • Fiscal year 2015 • EIN 38-2618245

Oct 01, 2014 to Sep 30, 2015 • Filed on Mar 30, 2016

2400 Science ParkwayOkemos, MI 48864

(517) 374-8066

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.48x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

53rd percentile

0.21x

Higher debt load relative to revenue than 53% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

62nd percentile

6.8%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$136,283

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

93rd percentile

52%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

27%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$3,808,025

Up $1,297,904 (+52%) from 2014

Net Assets

Up

$1,974,775

Up $586,523 (+42%) from 2014

Liabilities

Up

$1,833,250

Up $711,381 (+63%) from 2014

Revenue

Up

$8,616,618

Up $1,818,357 (+27%) from 2014

Expenses

Up

$8,030,095

Up $1,475,847 (+23%) from 2014

Net Income

Up

$586,523

Up $342,510 (+140%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,452,208Liabilities 2011: $725,199Net Assets 2011: $727,0092011Assets 2012: $2,001,991Liabilities 2012: $953,508Net Assets 2012: $1,048,4832012Assets 2013: $2,246,405Liabilities 2013: $1,102,166Net Assets 2013: $1,144,2392013Assets 2014: $2,510,121Liabilities 2014: $1,121,869Net Assets 2014: $1,388,2522014Assets 2015: $3,808,025Liabilities 2015: $1,833,250Net Assets 2015: $1,974,7752015Assets 2016: $4,210,202Liabilities 2016: $2,030,606Net Assets 2016: $2,179,5962016Assets 2017: $4,313,563Liabilities 2017: $1,524,026Net Assets 2017: $2,789,5372017Assets 2018: $3,971,188Liabilities 2018: $1,158,559Net Assets 2018: $2,812,6292018Assets 2019: $4,514,016Liabilities 2019: $1,522,869Net Assets 2019: $2,991,1472019Assets 2020: $5,871,727Liabilities 2020: $1,488,233Net Assets 2020: $4,383,4942020Assets 2021: $6,180,516Liabilities 2021: $1,058,337Net Assets 2021: $5,122,1792021Assets 2022: $5,926,878Liabilities 2022: $1,363,990Net Assets 2022: $4,562,8882022Assets 2023: $5,252,784Liabilities 2023: $1,128,169Net Assets 2023: $4,124,6152023Assets 2025: $6,792,200Liabilities 2025: $1,142,501Net Assets 2025: $5,649,6992025

Highlighted filing

2015

Assets$3,808,025
Liabilities$1,833,250
Net Assets$1,974,775

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,137,254Expenses 2011: $4,843,806Net Income 2011: $293,4482011Expenses 2012: $5,496,9432012Revenue 2013: $5,989,598Expenses 2013: $5,893,842Net Income 2013: $95,7562013Revenue 2014: $6,798,261Expenses 2014: $6,554,248Net Income 2014: $244,0132014Revenue 2015: $8,616,618Expenses 2015: $8,030,095Net Income 2015: $586,5232015Revenue 2016: $9,544,953Expenses 2016: $9,296,671Net Income 2016: $248,2822016Revenue 2017: $10,654,581Expenses 2017: $10,044,640Net Income 2017: $609,9412017Revenue 2018: $10,215,617Expenses 2018: $10,192,525Net Income 2018: $23,0922018Revenue 2019: $11,317,996Expenses 2019: $11,139,478Net Income 2019: $178,5182019Revenue 2020: $12,351,128Expenses 2020: $10,958,781Net Income 2020: $1,392,3472020Revenue 2021: $11,690,503Expenses 2021: $10,951,818Net Income 2021: $738,6852021Revenue 2022: $10,627,344Expenses 2022: $11,186,635Net Income 2022: -$559,2912022Revenue 2023: $10,792,184Expenses 2023: $11,230,457Net Income 2023: -$438,2732023Revenue 2025: $14,097,340Expenses 2025: $12,678,257Net Income 2025: $1,419,0832025

Highlighted filing

2015

Revenue$8,616,618
Expenses$8,030,095
Net Income$586,523
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Mar 30, 2016
Return Version
2014v6.0
Gross Receipts
$8,616,618
Mission and Program Overview

Mission

Care of handicapped individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,422,884$2,536,274▲ $1,113,390
Rtn Earn Endowment Incm Other Fnds$1,388,252$1,974,775▲ $586,523
Accounts Receivable$770,496$1,255,442▲ $484,946
Loans From Officers Directors-$74,252-
Cash and Non-Interest-Bearing Accounts$29,234$12,502▼ $16,732
Prepaid Expenses and Deferred Charges$37,404$2,646▼ $34,758
Savings and Temporary Cash Investments$250,103$1,161▼ $248,942
Total Assets$2,510,121$3,808,025▲ $1,297,904
Liabilities
Mortgage Notes Payable Secured by Investment Property$731,357$1,193,990▲ $462,633
Accounts Payable and Accrued Expenses$390,512$565,008▲ $174,496
Total Liabilities$1,121,869$1,833,250▲ $711,381
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,388,252$1,974,775▲ $586,523
Total Liabilities and Net Assets / Fund Balance$2,510,121$3,808,025▲ $1,297,904

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,898,302$163,792$2,062,094
Equipment$282,822$136,914$419,736
Land$272,568-$272,568
Leasehold Improvements$82,582-$82,582
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sharon WilkesPresidentFT$136,283$136,283
Michael KendrickTreasurerFT$106,905$106,905
Jonathon FredericksSecretaryFT$95,772$95,772
Dominique MillerVice PresidentFT$91,961$91,961

Board Members and Trustees

NameTitle
Barry WilkesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,616,560
Investment Income
$58
Other Revenue
$0
Change in Net Assets
$586,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,666,524
Other Expenses$1,363,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,349,510$107,245$0$5,456,755
Payroll Taxes$498,140$50,110$0$548,250
Current Officers, Directors, Trustees, and Key Employees$0$430,922$0$430,922
Occupancy$374,768$37,699$0$412,467
Travel$211,051$21,230$0$232,281
Other Employee Benefits$209,520$21,077$0$230,597
Depreciation Depletion$90,068$9,060$0$99,128
Insurance$76,849$7,731$0$84,580
Interest$51,157$5,146$0$56,303
Fees for Services Accounting$0$36,919$0$36,919
Other Expenses$15,682$0$0$15,682
Fees for Services Other$6,207$8,690$0$14,897
Total Functional Expenses$7,294,266$735,829$0$8,030,095
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$74,252-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Filing and Contact Details

Filer

Filer Name
Residential Options Inc
EIN
38-2618245
Phone
5173748066
Address
2400 SCIENCE PARKWAY, OKEMOS, MI 48864

Signing Officer

Name
Michael S Kendrick
Title
Treasurer
Phone
5173748066
Signed
2016-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharon Wilkes
Formed
1984
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
489
Volunteers
50

Preparer

Firm
David E Haddrill Pc
Address
834 N CAPITOL, LANSING, MI 48906-5114
Preparer
David E Haddrill CPA
Phone
5174844200
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

President and non-compensated director are spouses

Pt VI, Line 11B

President and treasurer review 990 before filing

Pt VI, Line 12C

Board members and key employees annually sign a statement that there are no undisclosed conflicts of interest

Pt VI, Line 15A

Board of directors approves executive director's salary

Pt VI, Line 15B

Exeutive director approves other employees' salaries

Pt VI, Line 19

Documents not available to the public

Pt XII, Line 2C

President and treasurer review reports and decide on independent accountant

Raw XML Appendix396 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/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0221
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0972
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt032387197
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08644581
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06798965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06009932
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05834511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05099208
IRS990ScheduleA/Total509Grp/TotalAmt032387197
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt032388169
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01898302
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0163792
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02062094
IRS990ScheduleD/EquipmentGrp/BookValueAmt0282822
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0136914
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0419736
IRS990ScheduleD/LandGrp/BookValueAmt0272568
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0272568
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt082582
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt082582
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02536274
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt074252
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt075000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SHARON WILKES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt074252
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT AND NON-COMPENSATED DIRECTOR ARE SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESIDENT AND TREASURER REVIEW 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY SIGN A STATEMENT THAT THERE ARE NO UNDISCLOSED CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS APPROVES EXECUTIVE DIRECTOR'S SALARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXEUTIVE DIRECTOR APPROVES OTHER EMPLOYEES' SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS NOT AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRESIDENT AND TREASURER REVIEW REPORTS AND DECIDE ON INDEPENDENT ACCOUNTANT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02510121
IRS990/TotalAssetsEOYAmt03808025
IRS990/TotalAssetsGrp/BOYAmt02510121
IRS990/TotalAssetsGrp/EOYAmt03808025
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0489
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0735829
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07294266
IRS990/TotalFunctionalExpensesGrp/TotalAmt08030095
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01121869
IRS990/TotalLiabilitiesEOYAmt01833250
IRS990/TotalLiabilitiesGrp/BOYAmt01121869
IRS990/TotalLiabilitiesGrp/EOYAmt01833250
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01388252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01974775
IRS990/TotalProgramServiceExpensesAmt07294266
IRS990/TotalProgramServiceRevenueAmt08616560
IRS990/TotalReportableCompFromOrgAmt0430921
IRS990/TotalRevenueGrp/ExclusionAmt058
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08616560
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08616618
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02510121
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03808025
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt021230
IRS990/TravelGrp/ProgramServicesAmt0211051
IRS990/TravelGrp/TotalAmt0232281
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0443 FAIRLANE
IRS990/USAddress/CityNm0ALMA
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048801
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL S KENDRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05173748066
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESIDENTIAL OPTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0RESI
ReturnHeader/Filer/EIN0382618245
ReturnHeader/Filer/PhoneNum05173748066
ReturnHeader/Filer/USAddress/AddressLine1Txt02400 SCIENCE PARKWAY
ReturnHeader/Filer/USAddress/CityNm0OKEMOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048864
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID E HADDRILL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0834 N CAPITOL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0489065114
ReturnHeader/PreparerPersonGrp/PhoneNum05174844200
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID E HADDRILL CPA
ReturnHeader/ReturnTs02016-03-31T08:46:04-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$1.14$5.65$14.1$12.7$1.42
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.$5.25$1.13$4.12$10.8$11.2$0.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$1.36$4.56$10.6$11.2$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.18$1.06$5.12$11.7$11.0$0.74
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$1.49$4.38$12.4$11.0$1.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$1.52$2.99$11.3$11.1$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.16$2.81$10.2$10.2$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.31$1.52$2.79$10.7$10.0$0.61
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$2.03$2.18$9.54$9.30$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.81$1.83$1.97$8.62$8.03$0.59
2014Detailed filing. Detailed filing data is available for this year.$2.51$1.12$1.39$6.80$6.55$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$1.10$1.14$5.99$5.89$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.95$1.05$5.50
2011Summary only. Only limited summary data is available for this year.$1.45$0.73$0.73$5.14$4.84$0.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $5M-$10M nonprofits