Civic Intelligence

Share-A-Home Inc.

990 • Fiscal year 2020 • EIN 41-1557844

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 08, 2021

840 Sunnybrook RoadWadena, MN 56482

(218) 631-1853

Siviq Scores

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

Liabilities / Assets

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

37th percentile

0.07x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

29th percentile

-4.2%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

50th percentile

$59,903

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

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

Asset Growth

27th percentile

-1.2%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

60th percentile

6.1%

Faster revenue growth than 60% of similar nonprofits.

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

Assets

Down

$1,764,576

Down $21,925 (-1.2%) from 2019

Net Assets

Down

$1,679,646

Down $48,019 (-2.8%) from 2019

Liabilities

Up

$84,930

Up $26,094 (+44%) from 2019

Revenue

Up

$1,231,345

Up $70,778 (+6.1%) from 2019

Expenses

Up

$1,283,183

Up $56,145 (+4.6%) from 2019

Net Income

Up

-$51,838

Up $14,633 (+22%) 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: $1,247,559Liabilities 2010: $134,236Net Assets 2010: $1,113,3232010Assets 2011: $1,252,685Liabilities 2011: $109,401Net Assets 2011: $1,143,2842011Assets 2012: $1,330,644Liabilities 2012: $94,609Net Assets 2012: $1,236,0352012Assets 2013: $1,401,481Liabilities 2013: $90,508Net Assets 2013: $1,310,9732013Assets 2014: $1,573,082Liabilities 2014: $96,491Net Assets 2014: $1,476,5912014Assets 2015: $1,659,241Liabilities 2015: $95,815Net Assets 2015: $1,563,4262015Assets 2016: $1,764,363Liabilities 2016: $95,044Net Assets 2016: $1,669,3192016Assets 2017: $1,846,623Liabilities 2017: $76,035Net Assets 2017: $1,770,5882017Assets 2018: $1,876,300Liabilities 2018: $89,526Net Assets 2018: $1,786,7742018Assets 2019: $1,786,501Liabilities 2019: $58,836Net Assets 2019: $1,727,6652019Assets 2020: $1,764,576Liabilities 2020: $84,930Net Assets 2020: $1,679,6462020Assets 2021: $1,645,945Liabilities 2021: $55,615Net Assets 2021: $1,590,3302021Assets 2022: $1,433,250Liabilities 2022: $63,607Net Assets 2022: $1,369,6432022Assets 2023: $1,442,838Liabilities 2023: $65,807Net Assets 2023: $1,377,0312023Assets 2024: $1,508,553Liabilities 2024: $54,461Net Assets 2024: $1,454,0922024

Highlighted filing

2020

Assets$1,764,576
Liabilities$84,930
Net Assets$1,679,646

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,144,0802010Expenses 2011: $1,121,9262011Expenses 2012: $1,093,3652012Revenue 2013: $1,221,623Expenses 2013: $1,146,813Net Income 2013: $74,8102013Revenue 2014: $1,365,372Expenses 2014: $1,201,182Net Income 2014: $164,1902014Revenue 2015: $1,330,017Expenses 2015: $1,241,216Net Income 2015: $88,8012015Revenue 2016: $1,370,469Expenses 2016: $1,268,348Net Income 2016: $102,1212016Revenue 2017: $1,374,810Expenses 2017: $1,276,440Net Income 2017: $98,3702017Revenue 2018: $1,250,129Expenses 2018: $1,230,889Net Income 2018: $19,2402018Revenue 2019: $1,160,567Expenses 2019: $1,227,038Net Income 2019: -$66,4712019Revenue 2020: $1,231,345Expenses 2020: $1,283,183Net Income 2020: -$51,8382020Revenue 2021: $1,180,964Expenses 2021: $1,269,632Net Income 2021: -$88,6682021Revenue 2022: $1,090,210Expenses 2022: $1,298,959Net Income 2022: -$208,7492022Revenue 2023: $1,192,419Expenses 2023: $1,189,474Net Income 2023: $2,9452023Revenue 2024: $1,317,760Expenses 2024: $1,240,448Net Income 2024: $77,3122024

Highlighted filing

2020

Revenue$1,231,345
Expenses$1,283,183
Net Income-$51,838
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 8, 2021
Return Version
2020v4.0
Gross Receipts
$1,231,464
Mission and Program Overview

Mission

Share-a-home is an organization in central minnesota which offers personalized support services for children and adults with disabilities. We believe all people, regardless of disability, have the right to live, learn, and work in the same settings as people without disabilities. We provide the opportunity to fulfill a person's potential in the most favorable environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$519,945$799,344▲ $279,399
Land, Buildings, and Equipment, Net$782,909$751,508▼ $31,401
Investments in Publicly Traded Securities$115,148$122,796▲ $7,648
Accounts Receivable$42,235$66,891▲ $24,656
Prepaid Expenses and Deferred Charges$12,263$14,932▲ $2,669
Cash and Non-Interest-Bearing Accounts$312,207$6,525▼ $305,682
Inventories for Sale or Use$1,794$2,580▲ $786
Total Assets$1,786,501$1,764,576▼ $21,925
Liabilities
Other Liabilities$42,532$64,998▲ $22,466
Accounts Payable and Accrued Expenses$16,304$19,932▲ $3,628
Total Liabilities$58,836$84,930▲ $26,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,727,665$1,679,646▼ $48,019
Total Net Assets Fund Balance$1,727,665$1,679,646▼ $48,019
Total Liabilities and Net Assets / Fund Balance$1,786,501$1,764,576▼ $21,925

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$653,785$492,326$1,146,111
Equipment$4,640$170,859$175,499
Land$81,998-$81,998
Other Land Buildings$11,085$38,868$49,953
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karry ReinitzExec DirectorFT$59,600$303$59,903
Allan LynkDirector-$210-$210
Kent SchmidtChairperson-$160-$160
Cindy LemkeSec/treas-$150-$150
Dave GronlundDirector-$140-$140
Gene SchwartzDirector-$120-$120
Marge AndersonVice-chair-$120-$120
Katie UselmanDirector-$80-$80

Board Members and Trustees

NameTitle
Amy PrieweSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$24,609
Program Service Revenue
$1,200,139
Investment Income
$6,432
Other Revenue
$165
All Other Contributions
$400
Change in Net Assets
$-51,838

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,231,345
Revenue Not Reported on Form 990
$9,056
Total Revenue per Audited Statements
$1,240,401
Total Revenue per Form 990
$1,231,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,025,134
Other Expenses$258,049
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$812,579$47,874-$860,453
Payroll Taxes$52,040$12,286-$64,326
Current Officers, Directors, Trustees, and Key Employees-$62,444-$62,444
Depreciation Depletion$36,881$1,684-$38,565
Office Expenses-$38,521-$38,521
Other Employee Benefits$30,009$7,902-$37,911
Insurance$12,153$20,540-$32,693
Travel$7,079--$7,079
Fees for Services Accounting-$6,450-$6,450
Advertising-$3,274-$3,274
Occupancy$111$2,583-$2,694
Other Expenses$1,766$948-$1,766
Conferences and Meetings-$956-$956
Interest$125--$125
Total Functional Expenses$1,077,721$205,462$0$1,283,183

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,288,420
Expenses per Audited Statements$1,283,183
Total Expenses per Form 990$1,283,183
Expenses Not Reported on Form 990$5,237
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
Accrued Pto & Wages Payable$51,863
Unearned Revenue$10,988
Accrued Severance Payable$2,147
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI

Line 14 - the organization does not currently have a written document

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

A copy of the form 990 was distributed at a board meeting and reviewed by the officers and directors prior to filing.

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

The policy is new, but plans are to review it annually, and to monitor and enforce it as needed.

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

The organization's board of directors reviews and approves the compensation of the executive director. The board considers the ed's experience and the rate paid for similar positions in the area. Decisions of the board are recorded in the board meeting minutes.

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

The board is paid a nominal fee for attending meetings. The amount was determined by the board and has not changed for many years.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Share-a-home Inc
EIN
41-1557844
Phone
2186311853
Address
840 SUNNYBROOK ROAD, WADENA, MN 56482

Signing Officer

Name
Kent Schmidt
Title
Chairperson
Phone
2186311853
Signed
2021-02-08

Organization Details

Principal Officer
Kent Schmidt
Formed
1986
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
42

Preparer

Firm
Mayer Porter & Nelson Ltd
Address
PO BOX 206, STAPLES, MN 56479
Preparer
Julie Nelson
Phone
2188941399
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Share-a-home is an organization in central minnesota which offers personalized support services for children and adults with disabilities. We believe all people, regardless of disability, have the right to live, learn, and work in the same settings as people without disabilities. We provide the opportunity to fulfill a person's potential in the most favorable environment.

Form 990, Part XI, Line 9

Ffcra tax credits 5,237 ffcra tax credits -5,237

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

FFCRA TAX CREDITS 5,237

Schedule D, Page 4, Part XII, Line 2D

FFCRA TAX CREDITS 5,237

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SEVERANCE PAYABLE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FFCRA TAX CREDITS 5,237
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SHARE-A-HOME IS AN ORGANIZATION IN CENTRAL MINNESOTA WHICH OFFERS PERSONALIZED SUPPORT SERVICES FOR CHILDREN AND ADULTS WITH DISABILITIES. WE BELIEVE ALL PEOPLE, REGARDLESS OF DISABILITY, HAVE THE RIGHT TO LIVE, LEARN, AND WORK IN THE SAME SETTINGS AS PEOPLE WITHOUT DISABILITIES. WE PROVIDE THE OPPORTUNITY TO FULFILL A PERSON'S POTENTIAL IN THE MOST FAVORABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 14 - THE ORGANIZATION DOES NOT CURRENTLY HAVE A WRITTEN DOCUMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS DISTRIBUTED AT A BOARD MEETING AND REVIEWED BY THE OFFICERS AND DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS NEW, BUT PLANS ARE TO REVIEW IT ANNUALLY, AND TO MONITOR AND ENFORCE IT AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD CONSIDERS THE ED'S EXPERIENCE AND THE RATE PAID FOR SIMILAR POSITIONS IN THE AREA. DECISIONS OF THE BOARD ARE RECORDED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD IS PAID A NOMINAL FEE FOR ATTENDING MEETINGS. THE AMOUNT WAS DETERMINED BY THE BOARD AND HAS NOT CHANGED FOR MANY YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FFCRA TAX CREDITS 5,237 FFCRA TAX CREDITS -5,237
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.05$1.45$1.32$1.24$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.07$1.38$1.19$1.19$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.06$1.37$1.09$1.30$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.06$1.59$1.18$1.27$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.76$0.08$1.68$1.23$1.28$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.79$0.06$1.73$1.16$1.23$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.09$1.79$1.25$1.23$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.85$0.08$1.77$1.37$1.28$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.10$1.67$1.37$1.27$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.10$1.56$1.33$1.24$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.10$1.48$1.37$1.20$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.09$1.31$1.22$1.15$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.09$1.24$1.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.11$1.14$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.13$1.11$1.14
Peer Organizations

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