Civic Intelligence

Ebenezer Ridges

990 • Fiscal year 2016 • EIN 41-1287792

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 13, 2017

2722 Park Avenue SouthMinneapolis, MN 55407

(612) 874-3477

Siviq Scores

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

Liabilities / Assets

56th percentile

0.33x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.56x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

48th percentile

1.8%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$560,420

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

55th percentile

3.3%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

20%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$25,925,562

Up $837,660 (+3.3%) from 2015

Net Assets

Up

$17,325,356

Up $323,106 (+1.9%) from 2015

Liabilities

Up

$8,600,206

Up $514,554 (+6.4%) from 2015

Revenue

Up

$15,396,126

Up $2,556,610 (+20%) from 2015

Expenses

Up

$15,123,993

Up $1,880,683 (+14%) from 2015

Net Income

Up

$272,133

Up $675,927 (+167%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $17,503,669Liabilities 2010: $863,465Net Assets 2010: $16,640,2042010Assets 2011: $17,801,362Liabilities 2011: $815,429Net Assets 2011: $16,985,9332011Assets 2012: $18,495,619Liabilities 2012: $718,339Net Assets 2012: $17,777,2802012Assets 2013: $18,250,021Liabilities 2013: $617,997Net Assets 2013: $17,632,0242013Assets 2014: $25,063,698Liabilities 2014: $7,657,656Net Assets 2014: $17,406,0422014Assets 2015: $25,087,902Liabilities 2015: $8,085,652Net Assets 2015: $17,002,2502015Assets 2016: $25,925,562Liabilities 2016: $8,600,206Net Assets 2016: $17,325,3562016Assets 2017: $17,431,849Liabilities 2017: $12,057,734Net Assets 2017: $5,374,1152017Assets 2018: $17,993,251Liabilities 2018: $12,235,385Net Assets 2018: $5,757,8662018Assets 2019: $17,017,533Liabilities 2019: $12,208,816Net Assets 2019: $4,808,7172019Assets 2020: $18,728,397Liabilities 2020: $14,400,618Net Assets 2020: $4,327,7792020Assets 2021: $19,189,354Liabilities 2021: $15,177,412Net Assets 2021: $4,011,9422021Assets 2022: $15,066,735Liabilities 2022: $11,548,925Net Assets 2022: $3,517,8102022Assets 2023: $14,990,993Liabilities 2023: $11,989,714Net Assets 2023: $3,001,2792023Assets 2024: $15,151,949Liabilities 2024: $11,618,542Net Assets 2024: $3,533,4072024

Highlighted filing

2016

Assets$25,925,562
Liabilities$8,600,206
Net Assets$17,325,356

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $10,038,0492010Revenue 2011: $11,323,484Expenses 2011: $10,977,754Net Income 2011: $345,7302011Expenses 2012: $11,153,1062012Revenue 2013: $11,293,930Expenses 2013: $11,728,702Net Income 2013: -$434,7722013Revenue 2014: $11,913,692Expenses 2014: $11,801,187Net Income 2014: $112,5052014Revenue 2015: $12,839,516Expenses 2015: $13,243,310Net Income 2015: -$403,7942015Revenue 2016: $15,396,126Expenses 2016: $15,123,993Net Income 2016: $272,1332016Revenue 2017: $15,275,579Expenses 2017: $15,842,016Net Income 2017: -$566,4372017Revenue 2018: $17,068,387Expenses 2018: $16,684,636Net Income 2018: $383,7512018Revenue 2019: $16,747,794Expenses 2019: $16,678,411Net Income 2019: $69,3832019Revenue 2020: $16,153,428Expenses 2020: $16,634,370Net Income 2020: -$480,9422020Revenue 2021: $17,159,113Expenses 2021: $17,474,955Net Income 2021: -$315,8422021Revenue 2022: $17,544,937Expenses 2022: $18,964,069Net Income 2022: -$1,419,1322022Revenue 2023: $20,635,479Expenses 2023: $22,152,010Net Income 2023: -$1,516,5312023Revenue 2024: $21,819,579Expenses 2024: $21,287,451Net Income 2024: $532,1282024

Highlighted filing

2016

Revenue$15,396,126
Expenses$15,123,993
Net Income$272,133
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 13, 2017
Return Version
2016v3.0
Gross Receipts
$15,396,126
Mission and Program Overview

Mission

Ebenezer ridges primary exempt purpose is to provide skilled nursing services to older adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$11,521,071$12,967,229▲ $1,446,158
Land, Buildings, and Equipment, Net$8,055,294$7,602,095▼ $453,199
Cash and Non-Interest-Bearing Accounts$4,822,746$4,385,470▼ $437,276
Investments in Publicly Traded Securities$481,623$508,258▲ $26,635
Prepaid Expenses and Deferred Charges$207,169$462,510▲ $255,341
Total Assets$25,087,903$25,925,562▲ $837,659
Liabilities
Other Liabilities$6,623,804$6,635,687▲ $11,883
Accounts Payable and Accrued Expenses$1,461,848$1,964,519▲ $502,671
Total Liabilities$8,085,652$8,600,206▲ $514,554
Net Assets / Fund Balance
Unrestricted Net Assets$17,002,251$17,325,356▲ $323,105
Total Net Assets Fund Balance$17,002,251$17,325,356▲ $323,105
Total Liabilities and Net Assets / Fund Balance$25,087,903$25,925,562▲ $837,659

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,035,831$3,307,329$10,343,160
Equipment$344,084$594,270$938,354
Land$143,504-$143,504
Leasehold Improvements$25,276-$25,276
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jonathan LundbergChief Operat$297,449$297,449
Erin HilliganCorp Director Ski$174,708$174,708
Todd T WillettTreasurer$36,060$36,060

Board Members and Trustees

NameTitle
Richard HowardChair
Mark F ThomasPresident
Erin HilliganCorp Director Skilled Srv
Carl RunckDirector
Deborah PaoneDirector
Jeanne RipleyDirector
Linda CollinsDirector
Thomas R HokrDirector
John Selstad1st Vice CHA
Kent Eklund2nd Vice CHA
Jonathan LundbergChief Operating Offi
Shary MulhereSecretary
Bryan MichaelStaff
Leigha M BosStaff
Susan FarrStaff
Terry HakesStaff
Revenue and Support

Revenue Composition

Contributions and Grants
$70,978
Program Service Revenue
$15,319,935
Investment Income
$5,213
Other Revenue
$0
Change in Net Assets
$272,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,123,993
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
Fees for Services Management$9,945,989$1,737,075-$11,683,064
Depreciation Depletion$1,943$580,992-$582,935
Interest-$350,787-$350,787
Occupancy$275,120--$275,120
Other Expenses$33,140$75,114-$108,254
All Other Expenses$43,099$46,704-$89,803
Office Expenses$29,030$53,813-$82,843
Conferences and Meetings$14,225$64,248-$78,473
Insurance$1,301$48,644-$49,945
Fees for Services Legal-$20,753-$20,753
Fees for Services Accounting-$17,712-$17,712
Travel$11,901$2,523-$14,424
Advertising$35$144-$179
Total Functional Expenses$11,794,637$3,329,356$0$15,123,993
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
Long Term Debt$6,635,687
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Ebenezer ridges is managed by ebenezer society employees.

Form 990, Page 6, Part VI, Line 6

Ebenezer society is the sole member of ebenezer ridges.

Form 990, Page 6, Part VI, Line 7A

The board of directors elects members to director positions and fills vacancies in the elected director positions.

Form 990, Page 6, Part VI, Line 7B

Decisions are subject ebenezer society's reserve powers.

Form 990, Page 6, Part VI, Line 11B

The tax department conducts a detailed review of the completed return. The return is also review by the treasurer. The form 990 is presented to ebenezer society foundation for review of content. The form 990 is subsequently presented to the board of directors. Upon approval from the board of directors, the form 990 is filed

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

Managers, directors and senior management are required to annually complete ebenezer's duty of loyalty and conflict of interest statement in compliance with ebenezer's conflict of interest policy. Disclosures are reviewed by the compliance department. Any conflicts of interests by board members are brought to the board for review.

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

The determination of executive compensation of the organization is processed by the human resources committee and includes a review of comparability data, review by independent experts and contemporaneous substantiation of the deliberation and decision process.

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

The determination of officer and key employee compensation of the organization is processed by the human resources committee and includes a review of comparability data, review by independent experts and contemporaneous substantiation of the deliberation and decision process.

Form 990, Page 6, Part VI, Line 19

Ebenezer ridges makes its governing documents, conflict of interest policy and financial statements available to the public upon request and inspection of the documents is available at the corporate finance department.

Form 990, Page 7, Part VII

The tax department annually reviews all compensation of officers, directors and key employees of fairview health services and related entities to ensure it reports completely and accurately information on parts vii and ix, and on schedule j of the form 990.

Filing and Contact Details

Filer

Filer Name
Ebenezer Ridges
EIN
41-1287792
Phone
6128743477
Address
2722 PARK AVENUE SOUTH, MINNEAPOLIS, MN 55407

Signing Officer

Name
Mark F Thomas
Title
President
Phone
6128743477
Signed
2017-09-13

Organization Details

Principal Officer
Mark F Thomas
Formed
1976
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
7
Employees
0

Preparer

Firm
Fairview Health Svcs
Address
2450 RIVERSIDE AVE S DEPT C-207 LE, MINNEAPOLIS, MN 55454-1450
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Our volunteers are valued members of the health care team, enhancing the resident and family experience by meeting our residents' needs. Some of the services provided include wayfinding for residents, families and visitors and escorts and wheelchair transports for residents and family members. They provide hospitality for residents, families and visitors and provide assistance with special onsite and community events and activities.

Form 990, Part XI, Line 9

Allocated capital 50,971 rounding 1 total 50,972

Financial Statement Notes

Schedule D, Page 3, Part X

Most of fairviews controlled affiliates which includes ebenezer ridges, are tax-exempt organizations as described in section 501(c)(3) of the internal revenue code. These organizations are subject to income tax on any income from unrelated business activities. Fairview also owns or controls certain taxable affiliates. Fairview files income tax returns in the u.s. Federal jurisdiction and in various state and local jurisdictions. With few exceptions, fairview is no longer subject to u.s. Federal, state, and local, or non-u.s. Income tax examinations by tax authorities for years before 2010. Fairview recognizes all tax positions, including those positions in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities, when it is more likely than not (likelihood of greater than 50%) that, based on technical merits, the position will be sustained upon examination. There are no uncertain tax positions recorded in the consolidated balance sheets as of december 31, 2016, 2015, and 2014. Fairview does not expect that there will be a significant change in the total amount of unrecognized tax benefits within the next 12 months. At december 31, 2016, 2015, and 2014, fairview has net operating loss carryforwards for federal income tax purposes. A valuation allowance has been recorded for the full amount of the deferred tax asset related to the net operating loss carryforwards due to the uncertainty regarding their use.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MOST OF FAIRVIEWS CONTROLLED AFFILIATES WHICH INCLUDES EBENEZER RIDGES, ARE TAX-EXEMPT ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THESE ORGANIZATIONS ARE SUBJECT TO INCOME TAX ON ANY INCOME FROM UNRELATED BUSINESS ACTIVITIES. FAIRVIEW ALSO OWNS OR CONTROLS CERTAIN TAXABLE AFFILIATES. FAIRVIEW FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN VARIOUS STATE AND LOCAL JURISDICTIONS. WITH FEW EXCEPTIONS, FAIRVIEW IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010. FAIRVIEW RECOGNIZES ALL TAX POSITIONS, INCLUDING THOSE POSITIONS IN A PREVIOUSLY FILED TAX RETURN OR A POSITION EXPECTED TO BE TAKEN IN A FUTURE TAX FILING THAT IS REFLECTED IN MEASURING CURRENT OR DEFERRED INCOME TAX ASSETS AND LIABILITIES, WHEN IT IS MORE LIKELY THAN NOT (LIKELIHOOD OF GREATER THAN 50%) THAT, BASED ON TECHNICAL MERITS, THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THERE ARE NO UNCERTAIN TAX POSITIONS RECORDED IN THE CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2016, 2015, AND 2014. FAIRVIEW DOES NOT EXPECT THAT THERE WILL BE A SIGNIFICANT CHANGE IN THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WITHIN THE NEXT 12 MONTHS. AT DECEMBER 31, 2016, 2015, AND 2014, FAIRVIEW HAS NET OPERATING LOSS CARRYFORWARDS FOR FEDERAL INCOME TAX PURPOSES. A VALUATION ALLOWANCE HAS BEEN RECORDED FOR THE FULL AMOUNT OF THE DEFERRED TAX ASSET RELATED TO THE NET OPERATING LOSS CARRYFORWARDS DUE TO THE UNCERTAINTY REGARDING THEIR USE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$11.6$3.53$21.8$21.3$0.53
2023Detailed filing. Detailed filing data is available for this year.$15.0$12.0$3.00$20.6$22.2$1.52
2022Detailed filing. Detailed filing data is available for this year.$15.1$11.5$3.52$17.5$19.0$1.42
2021Detailed filing. Detailed filing data is available for this year.$19.2$15.2$4.01$17.2$17.5$0.32
2020Detailed filing. Detailed filing data is available for this year.$18.7$14.4$4.33$16.2$16.6$0.48
2019Detailed filing. Detailed filing data is available for this year.$17.0$12.2$4.81$16.7$16.7$0.07
2018Detailed filing. Detailed filing data is available for this year.$18.0$12.2$5.76$17.1$16.7$0.38
2017Detailed filing. Detailed filing data is available for this year.$17.4$12.1$5.37$15.3$15.8$0.57
2016Detailed filing. Detailed filing data is available for this year.$25.9$8.60$17.3$15.4$15.1$0.27
2015Detailed filing. Detailed filing data is available for this year.$25.1$8.09$17.0$12.8$13.2$0.40
2014Detailed filing. Detailed filing data is available for this year.$25.1$7.66$17.4$11.9$11.8$0.11
2013Detailed filing. Detailed filing data is available for this year.$18.3$0.62$17.6$11.3$11.7$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$0.72$17.8$11.2
2011Summary only. Only limited summary data is available for this year.$17.8$0.82$17.0$11.3$11.0$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$0.86$16.6$10.0