Civic Intelligence

Serenity Inns Inc.

990 • Fiscal year 2018 • EIN 41-2034019

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

PO Box 26887Milwaukee, WI 53226-6887

(414) 873-5474

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.04x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

35th percentile

-2.7%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

0.3%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$789,198

Down $21,873 (-2.7%) from 2017

Net Assets

Up

$768,485

Up $195,754 (+34%) from 2017

Liabilities

Down

$20,713

Down $217,627 (-91%) from 2017

Revenue

Up

$590,174

Up $1,550 (+0.3%) from 2017

Expenses

Down

$394,420

Down $26,431 (-6.3%) from 2017

Net Income

Up

$195,754

Up $27,981 (+17%) from 2017

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

2018

Assets$789,198
Liabilities$20,713
Net Assets$768,485

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

2018

Revenue$590,174
Expenses$394,420
Net Income$195,754
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$598,905
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$428,766$423,275▼ $5,491
Savings and Temporary Cash Investments$313,832$294,705▼ $19,127
Cash and Non-Interest-Bearing Accounts$58,983$62,714▲ $3,731
Accounts Receivable$2,387$2,838▲ $451
Intangible Assets$1,757--
Total Assets$811,071$789,198▼ $21,873
Other Assets Total$5,346$5,666▲ $320
Liabilities
Mortgage Notes Payable Secured by Investment Property$229,015$0▼ $229,015
Other Liabilities$9,205$20,593▲ $11,388
Deferred Revenue$120$120→ $0
Total Liabilities$238,340$20,713▼ $217,627
Net Assets / Fund Balance
Unrestricted Net Assets$572,731$768,485▲ $195,754
Total Net Assets Fund Balance$572,731$768,485▲ $195,754
Total Liabilities and Net Assets / Fund Balance$811,071$789,198▼ $21,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$367,630$83,019$450,649
Leasehold Improvements$25,291$6,879$32,170
Land$30,354-$30,354
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ellen BlathersExecutive Director$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$498,726
Program Service Revenue
$84,554
Investment Income
$1,190
Other Revenue
$5,704
All Other Contributions
$465,612
Change in Net Assets
$195,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$237,937
Other Expenses$156,483
Total Fundraising Expense$14,655
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,738$54,062-$133,800
Current Officers, Directors, Trustees, and Key Employees$60,000--$60,000
Other Employee Benefits$21,204$8,203-$29,407
All Other Expenses$17,670$8,218-$25,888
Fees for Services Other$1,715$5,375$14,516$21,606
Depreciation Depletion$15,807--$15,807
Office Expenses$1,694$13,092$139$14,925
Payroll Taxes$10,621$4,109-$14,730
Insurance$7,820--$7,820
Other Expenses$7,710--$7,710
Interest$2,249--$2,249
Total Functional Expenses$286,706$93,059$14,655$394,420
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,435
Fundraising Direct Expenses$8,731
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$47,549$14,435$974$13,461
Total Events$47,549$14,435$8,731$5,704
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Resident Savings$8,209
Accrued Expenses$7,709
Tenant Security Deposits$4,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
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, Section B, Line 11B

The treasurer reviews the form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

No other 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 53226-6887

Signing Officer

Name
Carla Stensberg
Title
Treasurer
Phone
4148735474
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carla Stensberg
Formed
2004
Legal Domicile
Wi
Voting Board Members
16
Independent Board Members
16
Employees
9
Volunteers
1,780

Preparer

Firm
Cliftonlarsonallen Llp
Address
10401 WEST INNOVATION DRIVE SUITE, 300, WAUWATOSA, WI 53226
Preparer
Paul Senger
Phone
4144761880
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The administrative committee assumes responsibility for oversight of the review of its financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetAssetsOrFundBalancesEOYAmt0768485
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05704
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0139
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013092
IRS990/OfficeExpensesGrp/ProgramServicesAmt01694
IRS990/OfficeExpensesGrp/TotalAmt014925
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05346
IRS990/OtherAssetsTotalGrp/EOYAmt05666
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08203
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021204
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029407
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2FOOD & HOUSEHOLD EXPENS
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt026180
IRS990/OtherExpensesGrp/ProgramServicesAmt122191
IRS990/OtherExpensesGrp/ProgramServicesAmt212107
IRS990/OtherExpensesGrp/ProgramServicesAmt37710
IRS990/OtherExpensesGrp/TotalAmt026180
IRS990/OtherExpensesGrp/TotalAmt122191
IRS990/OtherExpensesGrp/TotalAmt212107
IRS990/OtherExpensesGrp/TotalAmt37710
IRS990/OtherLiabilitiesGrp/BOYAmt09205
IRS990/OtherLiabilitiesGrp/EOYAmt020593
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054062
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079738
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133800
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04109
IRS990/PayrollTaxesGrp/ProgramServicesAmt010621
IRS990/PayrollTaxesGrp/TotalAmt014730
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CARLA STENSBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt084554
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084554
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0492742
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0518
IRS990/PYOtherExpensesAmt0207279
IRS990/PYOtherRevenueAmt019560
IRS990/PYProgramServiceRevenueAmt075804
IRS990/PYRevenuesLessExpensesAmt0167773
IRS990/PYSalariesCompEmpBnftPaidAmt0213572
IRS990/PYTotalExpensesAmt0420851
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0588624
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0195754
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt084554
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0313832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0498726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0492742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0362999
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0246220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0193642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01794329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0518
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0217
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0127
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02315
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt084554
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt074458
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt055144
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt039290
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt037530
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0290976
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58830
IRS990ScheduleA/PublicSupportPY170Pct00.60270
IRS990ScheduleA/PublicSupportTotal170Amt01228136
IRS990ScheduleA/SubstantialContributorsTotAmt0566193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0498726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0492742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0362999
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0246220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0193642
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01794329
IRS990ScheduleA/TotalSupportAmt02087620
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0367630
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083019
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0450649
IRS990ScheduleD/LandGrp/BookValueAmt030354
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030354
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt025291
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06879
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt032170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27709
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDENT SAVINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0423275
IRS990ScheduleD/TotalLiabilityAmt020593
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt033114
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt033114
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08731
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07557
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07557
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047549
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt047549
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014435
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05704
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0974
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0974
IRS990/ScheduleJRequiredInd00

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