Civic Intelligence

Samaritan Homes Inc.

990 • Fiscal year 2020 • EIN 38-3231093

Oct 01, 2019 to Sep 30, 2020 • Filed on Apr 10, 2021

20100 Outer DriveDearborn, MI 48124

(313) 278-5320

Siviq Scores

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

Liabilities / Assets

96th percentile

1.43x

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

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

Liabilities / Revenue

73rd percentile

0.38x

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

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

Net Margin

27th percentile

-5.9%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

46th percentile

4.2%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

33rd percentile

-10%

Faster revenue growth than 33% of similar nonprofits.

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

Assets

Up

$432,896

Up $17,271 (+4.2%) from 2019

Net Assets

Down

-$186,647

Down $96,994 (-108%) from 2019

Liabilities

Up

$619,543

Up $114,265 (+23%) from 2019

Revenue

Down

$1,633,775

Down $182,170 (-10%) from 2019

Expenses

Down

$1,730,769

Down $255,009 (-13%) from 2019

Net Income

Up

-$96,994

Up $72,839 (+43%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $338,657Liabilities 2010: $52,836Net Assets 2010: $285,8212010Assets 2011: $403,480Liabilities 2011: $154,314Net Assets 2011: $249,1662011Assets 2012: $487,328Liabilities 2012: $156,326Net Assets 2012: $331,0022012Assets 2013: $425,709Liabilities 2013: $129,728Net Assets 2013: $295,9812013Assets 2014: $642,973Liabilities 2014: $69,358Net Assets 2014: $573,6152014Assets 2015: $723,913Liabilities 2015: $134,929Net Assets 2015: $588,9842015Assets 2016: $404,393Liabilities 2016: $132,581Net Assets 2016: $271,8122016Assets 2017: $734,182Liabilities 2017: $921,076Net Assets 2017: -$186,8942017Assets 2018: $539,466Liabilities 2018: $921,486Net Assets 2018: -$382,0202018Assets 2019: $415,625Liabilities 2019: $505,278Net Assets 2019: -$89,6532019Assets 2020: $432,896Liabilities 2020: $619,543Net Assets 2020: -$186,6472020Assets 2021: $412,433Liabilities 2021: $592,380Net Assets 2021: -$179,9472021Assets 2022: $641,026Liabilities 2022: $303,927Net Assets 2022: $337,0992022Assets 2023: $436,383Liabilities 2023: $137,075Net Assets 2023: $299,3082023Assets 2024: $382,429Liabilities 2024: $82,305Net Assets 2024: $300,1242024

Highlighted filing

2020

Assets$432,896
Liabilities$619,543
Net Assets-$186,647

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,442,0462010Expenses 2011: $1,482,2732011Expenses 2012: $1,574,7222012Revenue 2013: $1,801,750Expenses 2013: $1,836,770Net Income 2013: -$35,0202013Revenue 2014: $2,458,576Expenses 2014: $2,180,942Net Income 2014: $277,6342014Revenue 2015: $3,430,932Expenses 2015: $3,415,563Net Income 2015: $15,3692015Revenue 2016: $3,155,784Expenses 2016: $3,472,956Net Income 2016: -$317,1722016Revenue 2017: $3,066,561Expenses 2017: $3,252,453Net Income 2017: -$185,8922017Revenue 2018: $2,654,239Expenses 2018: $2,849,365Net Income 2018: -$195,1262018Revenue 2019: $1,815,945Expenses 2019: $1,985,778Net Income 2019: -$169,8332019Revenue 2020: $1,633,775Expenses 2020: $1,730,769Net Income 2020: -$96,9942020Revenue 2021: $1,896,059Expenses 2021: $1,889,359Net Income 2021: $6,7002021Revenue 2022: $2,679,135Expenses 2022: $2,162,089Net Income 2022: $517,0462022Revenue 2023: $2,504,862Expenses 2023: $2,542,653Net Income 2023: -$37,7912023Revenue 2024: $2,743,630Expenses 2024: $2,742,814Net Income 2024: $8162024

Highlighted filing

2020

Revenue$1,633,775
Expenses$1,730,769
Net Income-$96,994
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Apr 10, 2021
Return Version
2019v5.0
Gross Receipts
$1,633,775
Mission and Program Overview

Mission

As a community development corporation, samaritan homes inc. Seeks to provide affordable housing and residential services for all persons with physical, emotional, mental, developmental, learning, economic, and social disabilities including persons of low and moderate income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$255,740$240,194▼ $15,546
Accounts Receivable$99,702$157,156▲ $57,454
Intangible Assets$30,169$26,200▼ $3,969
Prepaid Expenses and Deferred Charges$22,629$6,242▼ $16,387
Cash and Non-Interest-Bearing Accounts$7,385$3,104▼ $4,281
Total Assets$415,625$432,896▲ $17,271
Liabilities
Unsecured Notes Loans Payable$271,428$450,655▲ $179,227
Accounts Payable and Accrued Expenses$161,491$125,277▼ $36,214
Other Liabilities$72,359$43,611▼ $28,748
Total Liabilities$505,278$619,543▲ $114,265
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-89,653$-186,647▼ $96,994
Total Net Assets Fund Balance$-89,653$-186,647▼ $96,994
Total Liabilities and Net Assets / Fund Balance$415,625$432,896▲ $17,271

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$220,194$134,418$354,612
Land$20,000-$20,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arthur BluntChair of Boa
Kenneth JordanPresident
Stuart BoswellDirector
Mary BullardSecretary
Samuel WorthyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$239,646
Program Service Revenue
$1,383,169
Investment Income
$0
Other Revenue
$10,960
All Other Contributions
$850
Change in Net Assets
$-96,994

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,633,775
Total Revenue per Audited Statements
$1,633,775
Total Revenue per Form 990
$1,633,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,227,415
Other Expenses$503,354
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,076,596$31,048-$1,107,644
Occupancy$167,133$28,607-$195,740
Fees for Services Accounting-$107,583-$107,583
Payroll Taxes$99,773$1,976-$101,749
Office Expenses$69,386$22,969-$92,355
Travel$45,612$8,793-$54,405
Insurance$16,049$6,001-$22,050
Depreciation Depletion$19,516--$19,516
Other Employee Benefits$17,243$779-$18,022
Interest-$9,006-$9,006
Conferences and Meetings$961$1,738-$2,699
Total Functional Expenses$1,512,269$218,500$0$1,730,769

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,730,769
Total Expenses per Audited Statements$1,730,769
Total Expenses per Form 990$1,730,769
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Samuel BoswellDirectorRentNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Expenses$25,678
Credit Cards Payable$17,933
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

Form 990 is forwarded to the president and executive director prior to submission. The board is charged with reviewing the 990 and the independent audit report prior to approving submission of the form. A signed form 8879-eo submitted to the accountant indicates the board has approved the audit and submission of the 990.

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

Samaritan homes inc. Regularly discusses the conflict of interest policy at board meetings and requests that board members disclose any and all potential conflicts of interest. If a conflict of interest should arise and could not be corrected, the member would be removed from the board.

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

Compensation of the ceo, executive director or top management official must be approved by the board of directors.

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

No officers are compensated for serving in that capacity. Any officer receiving compensation is paid for services rendered to the corporation in a capacity other than an officer. The executive director, kenneth jordan, is compensated for any administrative work performed in working with the various county agencies and other fiduciaries. Samuel boswell, a director, performs mainenance work for the corporation.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon written request, on the state of michigan website.

Filing and Contact Details

Filer

Filer Name
Samaritan Homes Inc
EIN
38-3231093
Phone
3132785320
Address
20100 OUTER DRIVE, DEARBORN, MI 48124

Signing Officer

Name
Kenneth Jordan
Title
President
Phone
3132785320
Signed
2021-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Jordan
Formed
1994
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
3
Employees
67

Preparer

Firm
Penn & Company LLC
Address
20100 OUTER DRIVE, DEARBORN, MI 48124-2647
Preparer
Michael J Penn CPA
Phone
3132785320
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

As a community development corporation, samaritan homes inc. Seeks to provide affordable housing and residential services for all persons with physical, emotional, mental, developmental, learning, economic, and social disabilities including persons of low and moderate income.

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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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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01730769
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0C & J GENERAL CONTRACTORS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SAMUEL BOSWELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MAINTENANCE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS A COMMUNITY DEVELOPMENT CORPORATION, SAMARITAN HOMES INC. SEEKS TO PROVIDE AFFORDABLE HOUSING AND RESIDENTIAL SERVICES FOR ALL PERSONS WITH PHYSICAL, EMOTIONAL, MENTAL, DEVELOPMENTAL, LEARNING, ECONOMIC, AND SOCIAL DISABILITIES INCLUDING PERSONS OF LOW AND MODERATE INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS FORWARDED TO THE PRESIDENT AND EXECUTIVE DIRECTOR PRIOR TO SUBMISSION. THE BOARD IS CHARGED WITH REVIEWING THE 990 AND THE INDEPENDENT AUDIT REPORT PRIOR TO APPROVING SUBMISSION OF THE FORM. A SIGNED FORM 8879-EO SUBMITTED TO THE ACCOUNTANT INDICATES THE BOARD HAS APPROVED THE AUDIT AND SUBMISSION OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SAMARITAN HOMES INC. REGULARLY DISCUSSES THE CONFLICT OF INTEREST POLICY AT BOARD MEETINGS AND REQUESTS THAT BOARD MEMBERS DISCLOSE ANY AND ALL POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST SHOULD ARISE AND COULD NOT BE CORRECTED, THE MEMBER WOULD BE REMOVED FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL MUST BE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OFFICERS ARE COMPENSATED FOR SERVING IN THAT CAPACITY. ANY OFFICER RECEIVING COMPENSATION IS PAID FOR SERVICES RENDERED TO THE CORPORATION IN A CAPACITY OTHER THAN AN OFFICER. THE EXECUTIVE DIRECTOR, KENNETH JORDAN, IS COMPENSATED FOR ANY ADMINISTRATIVE WORK PERFORMED IN WORKING WITH THE VARIOUS COUNTY AGENCIES AND OTHER FIDUCIARIES. SAMUEL BOSWELL, A DIRECTOR, PERFORMS MAINENANCE WORK FOR THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST, ON THE STATE OF MICHIGAN WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0415625
IRS990/TotalAssetsEOYAmt0432896
IRS990/TotalAssetsGrp/BOYAmt0415625
IRS990/TotalAssetsGrp/EOYAmt0432896
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0239646
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0218500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01512269
IRS990/TotalFunctionalExpensesGrp/TotalAmt01730769
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0505278
IRS990/TotalLiabilitiesEOYAmt0619543
IRS990/TotalLiabilitiesGrp/BOYAmt0505278
IRS990/TotalLiabilitiesGrp/EOYAmt0619543
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-89653
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-186647
IRS990/TotalProgramServiceExpensesAmt01512269
IRS990/TotalProgramServiceRevenueAmt01383169
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01394129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01633775
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0415625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0432896
IRS990/TravelGrp/ManagementAndGeneralAmt08793
IRS990/TravelGrp/ProgramServicesAmt045612
IRS990/TravelGrp/TotalAmt054405
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0271428
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0450655
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt022610 ROSEWOOD
IRS990/USAddress/CityNm0OAK PARK
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048237
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0SAMARITANHOMESINC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH JORDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03132785320
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAMARITAN HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0SAMA
ReturnHeader/Filer/EIN0383231093
ReturnHeader/Filer/PhoneNum03132785320
ReturnHeader/Filer/USAddress/AddressLine1Txt020100 OUTER DRIVE
ReturnHeader/Filer/USAddress/CityNm0DEARBORN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048124
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382178903
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PENN & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020100 OUTER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DEARBORN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0481242647
ReturnHeader/PreparerPersonGrp/PhoneNum03132785320
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J PENN CPA
ReturnHeader/ReturnTs02021-05-12T16:14:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.30$2.74$2.74$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.14$0.30$2.50$2.54$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.30$0.34$2.68$2.16$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.59$0.18$1.90$1.89$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.62$0.19$1.63$1.73$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.51$0.09$1.82$1.99$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.92$0.38$2.65$2.85$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.92$0.19$3.07$3.25$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.13$0.27$3.16$3.47$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.13$0.59$3.43$3.42$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.07$0.57$2.46$2.18$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.13$0.30$1.80$1.84$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.16$0.33$1.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.15$0.25$1.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.05$0.29$1.44