Civic Intelligence

Ladder Incorporated

990EZ • Fiscal year 2016 • EIN 38-2940956

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 11, 2017

PO Box 1021Holland, MI 49422-1021

(616) 786-2606

Siviq Scores

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

Liabilities / Assets

91st percentile

0.67x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.34x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

88th percentile

$37,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 27.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

59th percentile

7.3%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$270,788

Up $18,330 (+7.3%) from 2015

Net Assets

Up

$89,972

Up $23,232 (+35%) from 2015

Liabilities

Down

$180,816

Down $4,902 (-2.6%) from 2015

Revenue

Up

$134,742

Up $27,050 (+25%) from 2015

Expenses

Down

$111,510

Down $4,264 (-3.7%) from 2015

Net Income

Up

$23,232

Up $31,314 (+387%) from 2015

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: $326,492Liabilities 2010: $215,837Net Assets 2010: $110,6552010Assets 2011: $310,172Liabilities 2011: $221,204Net Assets 2011: $88,9682011Assets 2012: $295,564Liabilities 2012: $204,156Net Assets 2012: $91,4082012Assets 2013: $278,077Liabilities 2013: $195,390Net Assets 2013: $82,6872013Assets 2014: $265,670Liabilities 2014: $190,848Net Assets 2014: $74,8222014Assets 2015: $252,458Liabilities 2015: $185,718Net Assets 2015: $66,7402015Assets 2016: $270,788Liabilities 2016: $180,816Net Assets 2016: $89,9722016Assets 2017: $267,095Liabilities 2017: $195,466Net Assets 2017: $71,6292017Assets 2018: $242,095Liabilities 2018: $186,982Net Assets 2018: $55,1132018Assets 2019: $479,792Liabilities 2019: $294,903Net Assets 2019: $184,8892019Assets 2020: $542,081Liabilities 2020: $309,570Net Assets 2020: $232,5112020Assets 2021: $746,381Liabilities 2021: $288,068Net Assets 2021: $458,3132021Assets 2022: $1,039,866Liabilities 2022: $287,780Net Assets 2022: $752,0862022Assets 2023: $1,288,068Liabilities 2023: $661,066Net Assets 2023: $627,0022023Assets 2024: $1,082,692Liabilities 2024: $478,737Net Assets 2024: $603,9552024

Highlighted filing

2016

Assets$270,788
Liabilities$180,816
Net Assets$89,972

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $120,912Expenses 2010: $119,805Net Income 2010: $1,1072010Revenue 2011: $96,566Expenses 2011: $118,253Net Income 2011: -$21,6872011Revenue 2012: $112,945Expenses 2012: $110,505Net Income 2012: $2,4402012Revenue 2013: $109,333Expenses 2013: $118,054Net Income 2013: -$8,7212013Revenue 2014: $105,924Expenses 2014: $113,789Net Income 2014: -$7,8652014Revenue 2015: $107,692Expenses 2015: $115,774Net Income 2015: -$8,0822015Revenue 2016: $134,742Expenses 2016: $111,510Net Income 2016: $23,2322016Revenue 2017: $95,961Expenses 2017: $114,304Net Income 2017: -$18,3432017Revenue 2018: $100,666Expenses 2018: $117,182Net Income 2018: -$16,5162018Revenue 2019: $242,135Expenses 2019: $112,359Net Income 2019: $129,7762019Revenue 2020: $170,472Expenses 2020: $122,850Net Income 2020: $47,6222020Revenue 2021: $401,243Expenses 2021: $175,441Net Income 2021: $225,8022021Revenue 2022: $514,352Expenses 2022: $220,579Net Income 2022: $293,7732022Revenue 2023: $218,907Expenses 2023: $343,991Net Income 2023: -$125,0842023Revenue 2024: $540,363Expenses 2024: $363,410Net Income 2024: $176,9532024

Highlighted filing

2016

Revenue$134,742
Expenses$111,510
Net Income$23,232
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 11, 2017
Return Version
2016v3.0
Gross Receipts
$134,742
Mission and Program Overview

Mission

To provide affordable housing and support for adults with mental illness.

To provide and maintain suitable, low-cost housing for adults with mental illness.

Program Services

DescriptionGrantsExpenses
THE MISSION OF LADDER HOMES IS TO PROVIDE AFFORDABLE HOUSING AND SUPPORTIVE SERVICES FOR ADULTS WITH MENTAL ILLNESS. THE GOALS OF THE LADDER HOMES PROGRAM ARE: TO PROVIDE HOUSING THAT IS: QUALITY AFFORDABLE APPROPRIATE SAFE TO PROVIDE INDIVIDUALIZED SERVICES FOR RESIDENTS THAT SUPPORT: LIFE AND SOCIAL SKILLS PSYCHIATRIC STABILITY COORDINATION WITH HEALTH CARE PROFESSIONALS ON AN OVERALL TREATMENT PLAN INTEGRATION INTO THE COMMUNITY TO RAISE AWARENESS AND UNDERSTANDING OF MENTAL ILLNESS.-$101,888
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONATHAN BOOKExec.DirectorFT$37,000-$37,000
ROBERT ANGELIPresident-$0--
GRETCHEN NALESecretary-$0--
LARRY PETROELJEDirector-$0--
CARLA BEACHDirector-$0--
STEVE OTTODirector-$0--
NANCY CHANTHAPHANHVice Pres/Tr-$0--
BEVERLY DENTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ladder Inc
EIN
38-2940956
Phone
6167862606
Address
PO BOX 1021, HOLLAND, MI 49422-1021

Signing Officer

Name
Jonathan Book
Title
Exec.Director
Phone
6167862606
Signed
2017-08-11

Preparer

Firm
Meyaard Tolman & Venlet Pc
Address
PO BOX 320, ZEELAND, MI 49464
Preparer
Jayne E Venlet
Phone
6167721901
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 74 vehicle expenses 5,964 insurance 1,804 miscellaneous 665 communications 240 non-investment depreciation 12,899 total 21,646

Form 990-ez, Part II, Line 24

Pledges receivable 5,201 5,107 prepaid expenses and deferred charges 1,023 1,025 furniture and equipment 14,592 10,592 less accumulated depreciation 13,784 10,592 total 7,032 6,132

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 712 685 line of credit 15,000 19,000 mortgage and other notes payable 170,006 161,131

Form 990-ez, Part III

To provide and maintain suitable, low-cost housing for adults with mental illness.

Form 990-ez, Part III, Line 28

The mission of ladder homes is to provide affordable housing and supportive services for adults with mental illness. The goals of the ladder homes program are: to provide housing that is: quality affordable appropriate safe to provide individualized services for residents that support: life and social skills psychiatric stability coordination with health care professionals on an overall treatment plan integration into the community to raise awareness and understanding of mental illness.

Raw XML Appendix172 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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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt06132
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 74 VEHICLE EXPENSES 5,964 INSURANCE 1,804 MISCELLANEOUS 665 COMMUNICATIONS 240 NON-INVESTMENT DEPRECIATION 12,899 TOTAL 21,646
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 5,201 5,107 PREPAID EXPENSES AND DEFERRED CHARGES 1,023 1,025 FURNITURE AND EQUIPMENT 14,592 10,592 LESS ACCUMULATED DEPRECIATION 13,784 10,592 TOTAL 7,032 6,132
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 712 685 LINE OF CREDIT 15,000 19,000 MORTGAGE AND OTHER NOTES PAYABLE 170,006 161,131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE AND MAINTAIN SUITABLE, LOW-COST HOUSING FOR ADULTS WITH MENTAL ILLNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF LADDER HOMES IS TO PROVIDE AFFORDABLE HOUSING AND SUPPORTIVE SERVICES FOR ADULTS WITH MENTAL ILLNESS. THE GOALS OF THE LADDER HOMES PROGRAM ARE: TO PROVIDE HOUSING THAT IS: QUALITY AFFORDABLE APPROPRIATE SAFE TO PROVIDE INDIVIDUALIZED SERVICES FOR RESIDENTS THAT SUPPORT: LIFE AND SOCIAL SKILLS PSYCHIATRIC STABILITY COORDINATION WITH HEALTH CARE PROFESSIONALS ON AN OVERALL TREATMENT PLAN INTEGRATION INTO THE COMMUNITY TO RAISE AWARENESS AND UNDERSTANDING OF MENTAL ILLNESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN BOOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC.DIR.
ReturnHeader/BusinessOfficerGrp/PhoneNum06167862606
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LADDER INC
ReturnHeader/Filer/BusinessNameControlTxt0LADD
ReturnHeader/Filer/EIN0382940956
ReturnHeader/Filer/PhoneNum06167862606
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ReturnHeader/Filer/USAddress/CityNm0HOLLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ZEELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049464
ReturnHeader/PreparerPersonGrp/PhoneNum06167721901
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAYNE E VENLET
ReturnHeader/ReturnTs02017-08-14T08:25:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.48$0.60$0.54$0.36$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.29$0.66$0.63$0.22$0.34$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.29$0.75$0.51$0.22$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.29$0.46$0.40$0.18$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.31$0.23$0.17$0.12$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.29$0.18$0.24$0.11$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.19$0.06$0.10$0.12$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.20$0.07$0.10$0.11$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.18$0.09$0.13$0.11$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.19$0.07$0.11$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.19$0.07$0.11$0.11$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.20$0.08$0.11$0.12$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.20$0.09$0.11$0.11$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.22$0.09$0.10$0.12$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.22$0.11$0.12$0.12$0.00