Civic Intelligence

Elder'S Home Inc

990 • Fiscal year 2011 • EIN 41-0837822

Oct 01, 2010 to Sep 30, 2011 • Filed on Mar 20, 2012

215 S Tousley Avenue PO Box 18856567
Siviq Scores

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

Liabilities / Assets

74th percentile

0.45x

Higher debt load relative to assets than 74% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

19th percentile

-7.0%

Faster asset growth than 19% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,444,090

Down $109,502 (-7.0%) from 2010

Net Assets

Up

$793,985

Up $12,289 (+1.6%) from 2010

Liabilities

Down

$650,105

Down $121,791 (-16%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,982,466

Up $3,845 (+0.1%) from 2010

Net Income

-

No earlier filing loaded for comparison.

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: $1,553,592Liabilities 2010: $771,896Net Assets 2010: $781,6962010Assets 2011: $1,444,090Liabilities 2011: $650,105Net Assets 2011: $793,9852011Assets 2012: $1,330,821Liabilities 2012: $620,754Net Assets 2012: $710,0672012Assets 2013: $1,240,307Liabilities 2013: $610,570Net Assets 2013: $629,7372013Assets 2014: $1,104,115Liabilities 2014: $592,227Net Assets 2014: $511,8882014Assets 2015: $988,283Liabilities 2015: $791,337Net Assets 2015: $196,9462015Assets 2016: $1,103,074Liabilities 2016: $884,294Net Assets 2016: $218,7802016

Highlighted filing

2011

Assets$1,444,090
Liabilities$650,105
Net Assets$793,985

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: $2,978,6212010Expenses 2011: $2,982,4662011Expenses 2012: $3,016,3242012Expenses 2013: $3,039,5572013Revenue 2014: $2,857,905Expenses 2014: $2,975,754Net Income 2014: -$117,8492014Revenue 2015: $2,695,589Expenses 2015: $3,000,743Net Income 2015: -$305,1542015Revenue 2016: $3,128,787Expenses 2016: $3,106,953Net Income 2016: $21,8342016

Highlighted filing

2011

Revenue-
Expenses$2,982,466
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2010 to Sep 30, 2011
Signed
Mar 20, 2012
Return Version
2010v3.4
Gross Receipts
$2,994,755
Mission and Program Overview

Mission

The Elders' Home, established upon Christian principles and Finnish heritage, is a provider of services designed to meet the lifestyle needs of the aging and medically dependent population in our region. These services are provided through a continuum of living possibilities, to assist residents of our community in reaching and maintaining the highest quality of life.The elders' home stands for high professional standards, quality service and devoted commitment to geriatric care.

Filing and Contact Details

Filer

EIN
41-0837822
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IRS990/ActivityOrMissionDescription0ELDERS' HOME INC. IS ORGANIZED UNDER THE SPONSORSHIP OF THE FINNISH APOSTOLIC LUTHERAN CONGREGATION FOR THE PURPOSES OF OWNING AND OPERATING A SKILLED NURSING FACILITY TO CARE FOR THE ELDERLY OF NEW YORK MILLS, MINNESOTA AND THE SURROUNDING AREA.
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IRS990/Description0PROVIDED 18,026 RESIDENT DAYS OF PROFESSIONAL CARE TO ELDERLY RESIDENTS IN A 54-BED SKILLED NURSING FACILITY IN NEW YORK MILLS, MN. THE FACILITY HAS 17,139 RESIDENT DAYS DURING THE FISCAL YEAR ENDED 9/30/11.
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IRS990/MissionDescription0THE ELDERS' HOME, ESTABLISHED UPON CHRISTIAN PRINCIPLES AND FINNISH HERITAGE, IS A PROVIDER OF SERVICES DESIGNED TO MEET THE LIFESTYLE NEEDS OF THE AGING AND MEDICALLY DEPENDENT POPULATION IN OUR REGION. THESE SERVICES ARE PROVIDED THROUGH A CONTINUUM OF LIVING POSSIBILITIES, TO ASSIST RESIDENTS OF OUR COMMUNITY IN REACHING AND MAINTAINING THE HIGHEST QUALITY OF LIFE.
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IRS990ScheduleC/Form990ScheduleCPartIV/Explanation0THE ORGANIZATION IS A MEMBER OF AGING SERVICES OF MINNESOTA. A PORTION OF MEMBERSHIP DUES IS USED FOR LOBBYING.
IRS990ScheduleC/Form990ScheduleCPartIV/Identifier0EXPLANATION OF OTHER LOBBYING ACTIVITIES:
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE ORGANIZATION HOLDS FUNDS IN TRUST FOR RESIDENTS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, REQUIRES AN ORGANIZATION TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. BASED ON THIS ASSESSMENT, THE ORGANIZATION MAY BE REQUIRED TO RECOGNIZE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS FROM UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECORDED NO LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. FEDERAL RETURNS FOR 2008 AND SUBSEQUENT YEARS REMAIN SUBJECT TO EXAMINATION BY MAJOR JURISDICTIONS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART IV, LINE 2B:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1PART X:
IRS990ScheduleD/IncludedOnFS01
IRS990ScheduleD/Land/BookValue015095
IRS990ScheduleD/Land/OtherCostOrOtherBasis015095
IRS990ScheduleD/OtherLandBuildings/BookValue080417
IRS990ScheduleD/OtherLandBuildings/Depreciation0460705
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0541122
IRS990ScheduleD/TotalOfBookValueLandBuildings0889856

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