Civic Intelligence

Living Ways Foundation Inc.

990 • Fiscal year 2020 • EIN 38-3119841

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 25, 2021

626 Reed StreetKalamazoo, MI 49001

(269) 343-6355

Siviq Scores

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

Liabilities / Assets

65th percentile

0.23x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

1.56x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$106,874

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

51st percentile

6.3%

Faster asset growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

5.4%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,437,608

Up $203,743 (+6.3%) from 2019

Net Assets

Up

$2,659,509

Up $149,691 (+6.0%) from 2019

Liabilities

Up

$778,099

Up $54,052 (+7.5%) from 2019

Revenue

Up

$499,630

Up $25,599 (+5.4%) from 2019

Expenses

Down

$349,939

Down $11,112 (-3.1%) from 2019

Net Income

Up

$149,691

Up $36,711 (+32%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,950,312Liabilities 2010: $1,021,674Net Assets 2010: $928,6382010Assets 2011: $1,981,282Liabilities 2011: $916,817Net Assets 2011: $1,064,4652011Assets 2012: $2,087,562Liabilities 2012: $961,419Net Assets 2012: $1,126,1432012Assets 2013: $2,168,640Liabilities 2013: $901,258Net Assets 2013: $1,267,3822013Assets 2014: $2,541,806Liabilities 2014: $1,102,896Net Assets 2014: $1,438,9102014Assets 2015: $2,487,567Liabilities 2015: $701,930Net Assets 2015: $1,785,6372015Assets 2016: $2,650,533Liabilities 2016: $669,267Net Assets 2016: $1,981,2662016Assets 2017: $3,019,141Liabilities 2017: $815,236Net Assets 2017: $2,203,9052017Assets 2018: $3,151,155Liabilities 2018: $761,425Net Assets 2018: $2,389,7302018Assets 2019: $3,233,865Liabilities 2019: $724,047Net Assets 2019: $2,509,8182019Assets 2020: $3,437,608Liabilities 2020: $778,099Net Assets 2020: $2,659,5092020Assets 2021: $3,212,883Liabilities 2021: $339,650Net Assets 2021: $2,873,2332021Assets 2022: $3,351,633Liabilities 2022: $255,289Net Assets 2022: $3,096,3442022Assets 2023: $3,587,246Liabilities 2023: $199,036Net Assets 2023: $3,388,2102023Assets 2024: $3,824,902Liabilities 2024: $130,727Net Assets 2024: $3,694,1752024

Highlighted filing

2020

Assets$3,437,608
Liabilities$778,099
Net Assets$2,659,509

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2010: $285,2972010Expenses 2011: $330,0972011Expenses 2012: $337,5632012Revenue 2013: $428,587Expenses 2013: $287,348Net Income 2013: $141,2392013Revenue 2014: $427,683Expenses 2014: $256,155Net Income 2014: $171,5282014Revenue 2015: $634,320Expenses 2015: $282,369Net Income 2015: $351,9512015Revenue 2016: $473,306Expenses 2016: $277,677Net Income 2016: $195,6292016Revenue 2017: $489,659Expenses 2017: $267,020Net Income 2017: $222,6392017Revenue 2018: $468,240Expenses 2018: $284,331Net Income 2018: $183,9092018Revenue 2019: $474,031Expenses 2019: $361,051Net Income 2019: $112,9802019Revenue 2020: $499,630Expenses 2020: $349,939Net Income 2020: $149,6912020Revenue 2021: $511,871Expenses 2021: $293,291Net Income 2021: $218,5802021Revenue 2022: $513,932Expenses 2022: $290,821Net Income 2022: $223,1112022Revenue 2023: $535,543Expenses 2023: $243,677Net Income 2023: $291,8662023Revenue 2024: $546,496Expenses 2024: $186,837Net Income 2024: $359,6592024

Highlighted filing

2020

Revenue$499,630
Expenses$349,939
Net Income$149,691
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 25, 2021
Return Version
2019v5.2
Gross Receipts
$499,630
Mission and Program Overview

Mission

Living Ways Foundation is organized to raise, receive and administer funds for the benefit of Community Living Options' operations (a 501(c)(3) exempt organization in Kalamazoo, Michigan) and to hold and maintain residential and other assets for use by Community Living Options and its clients, in fulfillment of its charitable purposes.

To develop and support housing and related services for physically and developmentally impaired individuals, primarily through receiving and administering funds for community living options (a sec 501(c)(3) organization in the greater kalamazoo, michigan area) and to hold residential property and other assets for use by community living options or its clients.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,107,666$2,009,318▼ $98,348
Cash and Non-Interest-Bearing Accounts$773,059$1,046,323▲ $273,264
Savings and Temporary Cash Investments$347,281$375,582▲ $28,301
Prepaid Expenses and Deferred Charges$5,859$6,385▲ $526
Total Assets$3,233,865$3,437,608▲ $203,743
Liabilities
Mortgage Notes Payable Secured by Investment Property$707,644$662,189▼ $45,455
Other Liabilities$1,262$114,743▲ $113,481
Accounts Payable and Accrued Expenses$15,141$1,167▼ $13,974
Total Liabilities$724,047$778,099▲ $54,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,509,818$2,546,431▲ $36,613
Net Assets With Donor Restrictions-$113,078-
Total Net Assets Fund Balance$2,509,818$2,659,509▲ $149,691
Total Liabilities and Net Assets / Fund Balance$3,233,865$3,437,608▲ $203,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,346,876$1,076,205$2,423,081
Equipment$258,365$182,921$441,286
Other Land Buildings$138,429$180,116$318,545
Land$265,648-$265,648
Compensation and Service Providers

Employees

NameTitleOtherTotal
Fiorella SpalvieriExec Director$106,874$106,874

Board Members and Trustees

NameTitle
Dan ConklinPresident
Ed WilsonMember
Mark CominsSecretary / Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$498,371
Investment Income
$1,259
Other Revenue
$0
Change in Net Assets
$149,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$123,348--$123,348
Interest$30,651--$30,651
Occupancy$30,123--$30,123
Fees for Services Management$20,400--$20,400
Insurance$18,628--$18,628
Fees for Services Accounting-$4,020-$4,020
Conferences and Meetings-$939-$939
Fees for Services Other$500--$500
Other Expenses$72--$72
All Other Expenses$21--$21
Total Functional Expenses$344,980$4,959$0$349,939
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
1104 Lynn Endowment$113,078
Security Deposit$1,665
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Prior to filing the return, the organization's management reviews the return for completeness and accuracy.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Living Ways Foundation
EIN
38-3119841
Phone
2693436355
Address
626 REED STREET, KALAMAZOO, MI 49001

Signing Officer

Name
Fiorella Spalvieri
Title
Executive Director
Phone
2693436355
Signed
2021-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fiorella Spalvieri
Formed
1993
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Clark Schaefer Hackett & Co
Address
3505 COOLIDGE RD, EAST LANSING, MI 48823
Preparer
Vickie Crouch
Phone
5173515508
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BOARD OF DIRECTORS OF LIVING WAYS FOUNDATION, INC. IS APPOINTED BY THE DIRECTORS OF ITS SUPPORTED ORGANIZATION, COMMUNITY LIVING OPTIONS, INC.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc11104 LYNN ENDOWMENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02009318
IRS990ScheduleD/TotalLiabilityAmt0114743
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE RETURN, THE ORGANIZATION'S MANAGEMENT REVIEWS THE RETURN FOR COMPLETENESS AND ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0010565446
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0EVELYN ROSE CONDO ASSOCIATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0626 REED STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0KALAMAZOO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd049001
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MY OWN HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1COMMUNITY LIVING OPTIONS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0383017059
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1382433400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HIOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0626 REED STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1626 REED STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KALAMAZOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1KALAMAZOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049001
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd149001
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt020400
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COMMUNITY LIVING OPTIONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03233865
IRS990/TotalAssetsEOYAmt03437608
IRS990/TotalAssetsGrp/BOYAmt03233865
IRS990/TotalAssetsGrp/EOYAmt03437608
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04959
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0344980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0349939
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0724047
IRS990/TotalLiabilitiesEOYAmt0778099
IRS990/TotalLiabilitiesGrp/BOYAmt0724047
IRS990/TotalLiabilitiesGrp/EOYAmt0778099
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02509818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02659509
IRS990/TotalOtherCompensationAmt09046
IRS990/TotalProgramServiceExpensesAmt0344980
IRS990/TotalProgramServiceRevenueAmt0498371
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01259
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0498371
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0499630
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03233865
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03437608
IRS990/TotReportableCompRltdOrgAmt097828
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0626 REED STREET
IRS990/USAddress/CityNm0KALAMAZOO
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049001
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FIORELLA SPALVIERI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02693436355
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVING WAYS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0383119841
ReturnHeader/Filer/PhoneNum02693436355
ReturnHeader/Filer/USAddress/AddressLine1Txt0626 REED STREET
ReturnHeader/Filer/USAddress/CityNm0KALAMAZOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0310800053
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK SCHAEFER HACKETT & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03505 COOLIDGE RD

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.82$0.13$3.69$0.55$0.19$0.36
2023Detailed filing. Detailed filing data is available for this year.$3.59$0.20$3.39$0.54$0.24$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.26$3.10$0.51$0.29$0.22
2021Detailed filing. Detailed filing data is available for this year.$3.21$0.34$2.87$0.51$0.29$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.44$0.78$2.66$0.50$0.35$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.23$0.72$2.51$0.47$0.36$0.11
2018Detailed filing. Detailed filing data is available for this year.$3.15$0.76$2.39$0.47$0.28$0.18
2017Detailed filing. Detailed filing data is available for this year.$3.02$0.82$2.20$0.49$0.27$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.67$1.98$0.47$0.28$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.70$1.79$0.63$0.28$0.35
2014Detailed filing. Detailed filing data is available for this year.$2.54$1.10$1.44$0.43$0.26$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.90$1.27$0.43$0.29$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.96$1.13$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.92$1.06$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.02$0.93$0.29