Civic Intelligence

Kairos Dwelling

990 • Fiscal year 2020 • EIN 38-3433618

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 25, 2021

2945 Gull RoadKalamazoo, MI 49048

(269) 381-3688

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

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

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

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

Net Margin

61st percentile

11%

Higher net margin than 61% 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

48th percentile

5.1%

Faster asset growth than 48% of similar nonprofits.

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

Revenue Growth

29th percentile

-13%

Faster revenue growth than 29% of similar nonprofits.

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

Assets

Up

$1,461,295

Up $71,512 (+5.1%) from 2019

Net Assets

Up

$1,455,401

Up $67,722 (+4.9%) from 2019

Liabilities

Up

$5,894

Up $3,790 (+180%) from 2019

Revenue

Down

$301,806

Down $46,440 (-13%) from 2019

Expenses

Down

$267,790

Down $8,617 (-3.1%) from 2019

Net Income

Down

$34,016

Down $37,823 (-53%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $798,962Liabilities 2010: $4,353Net Assets 2010: $794,6092010Assets 2011: $793,403Liabilities 2011: $3,405Net Assets 2011: $789,9982011Assets 2012: $818,370Liabilities 2012: $5,227Net Assets 2012: $813,1432012Assets 2013: $853,932Liabilities 2013: $7,485Net Assets 2013: $846,4472013Assets 2014: $878,496Liabilities 2014: $5,960Net Assets 2014: $872,5362014Assets 2015: $1,076,319Liabilities 2015: $6,024Net Assets 2015: $1,070,2952015Assets 2016: $1,248,922Liabilities 2016: $3,341Net Assets 2016: $1,245,5812016Assets 2017: $1,305,593Liabilities 2017: $5,199Net Assets 2017: $1,300,3942017Assets 2018: $1,275,685Liabilities 2018: $6,764Net Assets 2018: $1,268,9212018Assets 2019: $1,389,783Liabilities 2019: $2,104Net Assets 2019: $1,387,6792019Assets 2020: $1,461,295Liabilities 2020: $5,894Net Assets 2020: $1,455,4012020Assets 2021: $1,500,019Liabilities 2021: $6,871Net Assets 2021: $1,493,1482021Assets 2022: $1,360,190Liabilities 2022: $6,470Net Assets 2022: $1,353,7202022Assets 2023: $1,462,116Liabilities 2023: $4,126Net Assets 2023: $1,457,9902023Assets 2024: $1,628,140Liabilities 2024: $15,382Net Assets 2024: $1,612,7582024

Highlighted filing

2020

Assets$1,461,295
Liabilities$5,894
Net Assets$1,455,401

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $257,3892010Revenue 2011: $255,207Expenses 2011: $262,335Net Income 2011: -$7,1282011Expenses 2012: $260,2632012Revenue 2013: $298,727Expenses 2013: $265,628Net Income 2013: $33,0992013Revenue 2014: $301,165Expenses 2014: $275,388Net Income 2014: $25,7772014Revenue 2015: $496,868Expenses 2015: $283,017Net Income 2015: $213,8512015Revenue 2016: $438,872Expenses 2016: $273,761Net Income 2016: $165,1112016Revenue 2017: $311,038Expenses 2017: $280,135Net Income 2017: $30,9032017Revenue 2018: $281,139Expenses 2018: $285,631Net Income 2018: -$4,4922018Revenue 2019: $348,246Expenses 2019: $276,407Net Income 2019: $71,8392019Revenue 2020: $301,806Expenses 2020: $267,790Net Income 2020: $34,0162020Revenue 2021: $290,760Expenses 2021: $291,807Net Income 2021: -$1,0472021Revenue 2022: $295,773Expenses 2022: $319,673Net Income 2022: -$23,9002022Revenue 2023: $390,858Expenses 2023: $356,847Net Income 2023: $34,0112023Revenue 2024: $522,683Expenses 2024: $416,878Net Income 2024: $105,8052024

Highlighted filing

2020

Revenue$301,806
Expenses$267,790
Net Income$34,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 25, 2021
Return Version
2020v4.0
Gross Receipts
$374,337
Mission and Program Overview

Mission

Care for the terminally ill

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$772,749$1,002,491▲ $229,742
Land, Buildings, and Equipment, Net$323,189$311,916▼ $11,273
Savings and Temporary Cash Investments$275,639$91,385▼ $184,254
Accounts Receivable-$36,615-
Total Assets$1,389,783$1,461,295▲ $71,512
Other Assets Total$18,206$18,888▲ $682
Liabilities
Accounts Payable and Accrued Expenses$2,104$5,894▲ $3,790
Total Liabilities$2,104$5,894▲ $3,790
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,068,090$1,096,587▲ $28,497
Net Assets With Donor Restrictions$319,589$358,814▲ $39,225
Total Net Assets Fund Balance$1,387,679$1,455,401▲ $67,722
Total Liabilities and Net Assets / Fund Balance$1,389,783$1,461,295▲ $71,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$278,406$211,907$490,313
Equipment$8,510$19,728$28,238
Land$25,000-$25,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$348,473-▲ $51,752-$400,225
2019$291,709-▲ $56,764-$348,473
2018$307,675-▼ $15,966-$291,709
2017$263,749-▲ $43,926-$307,675
2016$248,807-▲ $14,942-$263,749
Compensation and Service Providers

Board Members and Trustees

NameTitle
William McnultyPresident
James DeanDirector
Kathy CalninDirector
Marvin VeltkampDirector
Mary SmithDirector
Michael DombosDirector
Mary HalpertSecretary
James Lewis CPATreasurer
Jackie MerriamVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$271,399
Program Service Revenue
$0
Investment Income
$28,412
Other Revenue
$1,995
All Other Contributions
$234,784
Change in Net Assets
$34,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$199,847
Other Expenses$67,943
Total Fundraising Expense$1,569
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,626$49,491-$185,117
Depreciation Depletion$17,269--$17,269
Occupancy$12,625$4,607-$17,232
Payroll Taxes$10,792$3,938-$14,730
Insurance$10,278$3,750-$14,028
Fees for Services Accounting-$4,190-$4,190
Office Expenses$1,910$697-$2,607
Other Expenses$7,260$1,303$1,569$1,303
Advertising$329--$329
All Other Expenses$273--$273
Total Functional Expenses$196,362$69,859$1,569$267,790
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,150
Fundraising Direct Expenses$157
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Form 990 is available to all board members for review and discussion prior to filing.

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

Personnel committee reviews the executive director's job description and compensation to agreed upon goals. The committee recommends compensation to the board for discussion and confirmation.

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

Personnel committee reviews key employee's job description and compensation to agreed upon goals. The committee recommends compensation to the board for discussion and confirmation.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kairos Dwelling
EIN
38-3433618
Phone
2693813688
Address
2945 GULL ROAD, KALAMAZOO, MI 49048

Signing Officer

Name
James Lewis CPA
Title
Treasurer
Phone
2693813688
Signed
2021-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Lewis CPA
Formed
1999
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
60

Preparer

Firm
Flegal & Melnik
Address
350 GLADYS ST, PORTAGE, MI 49002-2955
Preparer
Daniel E Melnik
Phone
2693831900
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The kairos dwelling operating endowment fund was established by resolution of the board of directors to support the corporation's operations, subject to certain conditions. The intended uses are for operations and building repairs.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW AND DISCUSSION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERSONNEL COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S JOB DESCRIPTION AND COMPENSATION TO AGREED UPON GOALS. THE COMMITTEE RECOMMENDS COMPENSATION TO THE BOARD FOR DISCUSSION AND CONFIRMATION.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.02$1.61$0.52$0.42$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.39$0.36$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.01$1.35$0.30$0.32$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.49$0.29$0.29$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.01$1.46$0.30$0.27$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.35$0.28$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.27$0.28$0.29$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.01$1.30$0.31$0.28$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.44$0.27$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.07$0.50$0.28$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.30$0.28$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.85$0.30$0.27$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.01$0.81$0.26
2011Summary only. Only limited summary data is available for this year.$0.79$0.00$0.79$0.26$0.26$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.79$0.26