Civic Intelligence

Serenity Inns Inc.

990 • Fiscal year 2016 • EIN 41-2034019

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 26, 2017

PO Box 26887Milwaukee, WI 53226

(414) 873-5474

Siviq Scores

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

Liabilities / Assets

79th percentile

0.37x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.55x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

95th percentile

124%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$647,637

Up $358,932 (+124%) from 2015

Net Assets

Up

$404,958

Up $120,517 (+42%) from 2015

Liabilities

Up

$242,679

Up $238,415 (+5591%) from 2015

Revenue

Up

$441,033

Up $134,771 (+44%) from 2015

Expenses

Up

$320,516

Up $55,307 (+21%) from 2015

Net Income

Up

$120,517

Up $79,464 (+194%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $271,038Liabilities 2011: $965Net Assets 2011: $270,0732011Assets 2012: $265,279Liabilities 2012: $2,1482012Assets 2013: $250,733Liabilities 2013: $858Net Assets 2013: $249,8752013Assets 2014: $245,360Liabilities 2014: $1,972Net Assets 2014: $243,3882014Assets 2015: $288,705Liabilities 2015: $4,264Net Assets 2015: $284,4412015Assets 2016: $647,637Liabilities 2016: $242,679Net Assets 2016: $404,9582016Assets 2017: $811,071Liabilities 2017: $238,340Net Assets 2017: $572,7312017Assets 2018: $789,198Liabilities 2018: $20,713Net Assets 2018: $768,4852018Assets 2019: $1,095,116Liabilities 2019: $38,328Net Assets 2019: $1,056,7882019Assets 2020: $1,294,233Liabilities 2020: $73,232Net Assets 2020: $1,221,0012020Assets 2021: $1,197,063Liabilities 2021: $40,578Net Assets 2021: $1,156,4852021Assets 2022: $1,253,689Liabilities 2022: $39,799Net Assets 2022: $1,213,8902022Assets 2023: $1,529,935Liabilities 2023: $34,902Net Assets 2023: $1,495,0332023Assets 2024: $4,719,582Liabilities 2024: $2,608,210Net Assets 2024: $2,111,3722024

Highlighted filing

2016

Assets$647,637
Liabilities$242,679
Net Assets$404,958

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $178,162Expenses 2011: $153,862Net Income 2011: $24,3002011Revenue 2012: $148,944Expenses 2012: $155,886Net Income 2012: -$6,9422012Revenue 2013: $189,661Expenses 2013: $202,917Net Income 2013: -$13,2562013Revenue 2014: $240,716Expenses 2014: $247,203Net Income 2014: -$6,4872014Revenue 2015: $306,262Expenses 2015: $265,209Net Income 2015: $41,0532015Revenue 2016: $441,033Expenses 2016: $320,516Net Income 2016: $120,5172016Revenue 2017: $588,624Expenses 2017: $420,851Net Income 2017: $167,7732017Revenue 2018: $590,174Expenses 2018: $394,420Net Income 2018: $195,7542018Revenue 2019: $760,649Expenses 2019: $472,346Net Income 2019: $288,3032019Revenue 2020: $716,140Expenses 2020: $551,927Net Income 2020: $164,2132020Revenue 2021: $706,330Expenses 2021: $770,846Net Income 2021: -$64,5162021Revenue 2022: $844,813Expenses 2022: $787,408Net Income 2022: $57,4052022Revenue 2023: $1,119,836Expenses 2023: $838,693Net Income 2023: $281,1432023Revenue 2024: $1,867,282Expenses 2024: $1,250,943Net Income 2024: $616,3392024

Highlighted filing

2016

Revenue$441,033
Expenses$320,516
Net Income$120,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 26, 2017
Return Version
2016v3.0
Gross Receipts
$449,485
Mission and Program Overview

Mission

To provide quality housing and supportive health, educational and vocational services for those moving from addiction and homelessness to continued recovery and independent living.

To provide quality housing and supportive health, educational and vocational services for persons seeking to move from addiction and homelessness to continued recovery and independent living

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$129,090$428,874▲ $299,784
Savings and Temporary Cash Investments$137,093$158,773▲ $21,680
Cash and Non-Interest-Bearing Accounts$20,474$50,024▲ $29,550
Accounts Receivable$1,908$5,382▲ $3,474
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$288,705$647,637▲ $358,932
Other Assets Total$140$4,584▲ $4,444
Liabilities
Mortgage Notes Payable Secured by Investment Property-$234,030-
Accounts Payable and Accrued Expenses$4,264$8,632▲ $4,368
Deferred Revenue-$17-
Total Liabilities$4,264$242,679▲ $238,415
Net Assets / Fund Balance
Unrestricted Net Assets$284,441$404,958▲ $120,517
Total Net Assets Fund Balance$284,441$404,958▲ $120,517
Total Liabilities and Net Assets / Fund Balance$288,705$647,637▲ $358,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$390,162$60,487$450,649
Land$30,354-$30,354
Other Land Buildings-$29,511$29,511
Leasehold Improvements$8,358$741$9,099
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$362,999
Program Service Revenue
$55,144
Investment Income
$263
Other Revenue
$22,627
All Other Contributions
$362,999
Change in Net Assets
$120,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$183,247
Other Expenses$137,269
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,136$11,150-$158,286
All Other Expenses$16,169$8,319-$24,488
Fees for Services Other-$22,000-$22,000
Insurance$14,865--$14,865
Other Employee Benefits$13,380--$13,380
Payroll Taxes$10,720$861-$11,581
Other Expenses$10,628--$10,628
Depreciation Depletion$8,315--$8,315
Office Expenses$711$5,503-$6,214
Interest$5,342--$5,342
Occupancy$2,400--$2,400
Fees for Services Legal$1,214--$1,214
Fees for Services Accounting-$1,100-$1,100
Fees for Services Management$1,058--$1,058
Total Functional Expenses$271,583$48,933$0$320,516
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,079
Fundraising Direct Expenses$8,452
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$31,079$31,079$8,452$22,627
Total Events$31,079$31,079$8,452$22,627
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 11B: Form 990 Review Process

The treasurer reviews the form 990 before it is filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Serenity Inns Inc
EIN
41-2034019
Phone
4148735474
Address
PO Box 26887, Milwaukee, WI 53226

Signing Officer

Name
Carla Stensberg
Title
Treasurer
Signed
2017-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carla Stensberg
Formed
2004
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
14
Employees
7
Volunteers
1,040

Preparer

Firm
Winter Kloman Moter & Repp Sc
Address
235 N EXECUTIVE DR STE 160, BROOKFIELD, WI 53005-6064
Preparer
Paul M Senger CPA
Phone
2627979050
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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.$4.72$2.61$2.11$1.87$1.25$0.62
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.03$1.50$1.12$0.84$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.21$0.84$0.79$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.04$1.16$0.71$0.77$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.07$1.22$0.72$0.55$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.04$1.06$0.76$0.47$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.77$0.59$0.39$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.24$0.57$0.59$0.42$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.24$0.40$0.44$0.32$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.31$0.27$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.24$0.24$0.25$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.19$0.20$0.01
2012Summary only. Only limited summary data is available for this year.$0.27$0.00$0.15$0.16$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.18$0.15$0.02