Civic Intelligence

Unknown Organization

990 • Fiscal year 2014 • EIN 42-0725207

Apr 01, 2013 to Mar 31, 2014 • Filed on Nov 14, 2014

Organization ProfileWWW.THEALVERNO.COM
843 13th Ave North52732

(563) 242-7609

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

27th percentile

-3.0%

Higher net margin than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets6th percentile

Assets

Down

$349,033

Down $7,439,307 (-96%) from 2013

Net Assets

Down

$349,033

Down $7,319,399 (-95%) from 2013

Liabilities

Down

$0

Down $119,908 (-100%) from 2013

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin27th percentile

Revenue

Down

$184,383

Down $11,412,613 (-98%) from 2013

Expenses

Down

$189,991

Down $8,783,189 (-98%) from 2013

Net Income

Down

-$5,608

Down $2,629,424 (-100%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $5,246,868Liabilities 2010: $1,046,407Net Assets 2010: $4,200,4612010Assets 2011: $5,602,270Liabilities 2011: $1,023,984Net Assets 2011: $4,578,2862011Assets 2012: $6,133,133Liabilities 2012: $1,129,434Net Assets 2012: $5,003,6992012Assets 2013: $7,788,340Liabilities 2013: $119,908Net Assets 2013: $7,668,4322013Assets 2014: $349,033Liabilities 2014: $0Net Assets 2014: $349,0332014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$349,033
Liabilities$0
Net Assets$349,033
Open 2014 Filing

Operations Trend

Revenue Growth1st percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,321,6052010Expenses 2011: $8,548,9112011Expenses 2012: $9,208,2352012Revenue 2013: $11,596,996Expenses 2013: $8,973,180Net Income 2013: $2,623,8162013Revenue 2014: $184,383Expenses 2014: $189,991Net Income 2014: -$5,6082014Revenue 2015: $368Expenses 2015: $8,228Net Income 2015: -$7,8602015

Highlighted filing

2014

Revenue$184,383
Expenses$189,991
Net Income-$5,608
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$5,394,753
Mission and Program Overview

Mission

To provide care for the aging through an environment and professional services which are life giving, supportive, and enabling for the aging person and for every member of the staff.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,215,434--
Accounts Receivable$416,380--
Savings and Temporary Cash Investments$1,617,939$298,623▼ $1,319,316
Cash and Non-Interest-Bearing Accounts$538,587$50,410▼ $488,177
Total Assets$7,788,340$349,033▼ $7,439,307
Liabilities
Other Liabilities$72,600--
Accounts Payable and Accrued Expenses$30,504--
Mortgage Notes Payable Secured by Investment Property$16,804--
Total Liabilities$119,908$0▼ $119,908
Net Assets / Fund Balance
Unrestricted Net Assets$7,603,931$349,033▼ $7,254,898
Temporarily Rstr Net Assets$64,501--
Total Net Assets Fund Balance$7,668,432$349,033▼ $7,319,399
Total Liabilities and Net Assets / Fund Balance$7,788,340$349,033▼ $7,439,307
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Anne Martin Phelan OsfChairperson
Eileen Golby OsfVice Chairpe
Gael Gensler OsfDirector
Martinelle Bonnell OsfDirector
Ruth E Westmoreland OsfDirector
Marilyn Shea OsfSecretary
Erin MeyermannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$184,383
Other Revenue
$0
Change in Net Assets
$-5,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,991
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 Legal-$77,175-$77,175
Payments to Affiliates$64,501--$64,501
Fees for Services Management-$32,456-$32,456
Fees for Services Other-$15,859-$15,859
Total Functional Expenses$64,501$125,490$0$189,991
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

“The members appoint the board of directors following recommendation of the board.”

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

“The alverno reports to the alverno board of directors. Major decisions of the board must also be approved by the members of the corporation.”

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

“The 990 form was reviewed by board members before approval signature was obtained.”

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

“Officers, directors and key employees submit a form annually identifying potential conflicts. These forms are reviewed by the management company and the executive director. Potential conflicts are brought to the board's attention. Board members excuse themselves from discussion and votes where they may personally have a conflict.”

Form 990, Page 6, Part VI, Line 19

“The alverno will make available to any valid written request its governing documents, policies, and financial statements. Hard copies of documents requested are sent to requestor.”

Filing and Contact Details

Filer

EIN
42-0725207
Phone
5632427609

Signing Officer

Name
Anne Martin Phelan
Title
President
Phone
5632427609
Signed
2014-11-14

Organization Details

Principal Officer
Anne Martin Phelan
Formed
1971
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
Patrick W Parker CPA
Phone
5632423440
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Transfer from liquidation of assets 7,149,767”

Raw XML Appendix391 raw XML fields

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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IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE SISTERS OF ST. FRANCIS WERE ALWAYS RECOGNIZED AS A RELATED TAX-EXEMPT ORGANIZATION WITH RESPECT TO THE ALVERNO. UPON SALE OF THE ASSETS, THE PROCEEDS WERE TRANSFERRED BACK TO THE SISTERS OF ST. FRANCIS WHO FOUNDED THE ALVERNO.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS APPOINT THE BOARD OF DIRECTORS FOLLOWING RECOMMENDATION OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ALVERNO REPORTS TO THE ALVERNO BOARD OF DIRECTORS. MAJOR DECISIONS OF THE BOARD MUST ALSO BE APPROVED BY THE MEMBERS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 FORM WAS REVIEWED BY BOARD MEMBERS BEFORE APPROVAL SIGNATURE WAS OBTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, DIRECTORS AND KEY EMPLOYEES SUBMIT A FORM ANNUALLY IDENTIFYING POTENTIAL CONFLICTS. THESE FORMS ARE REVIEWED BY THE MANAGEMENT COMPANY AND THE EXECUTIVE DIRECTOR. POTENTIAL CONFLICTS ARE BROUGHT TO THE BOARD'S ATTENTION. BOARD MEMBERS EXCUSE THEMSELVES FROM DISCUSSION AND VOTES WHERE THEY MAY PERSONALLY HAVE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ALVERNO WILL MAKE AVAILABLE TO ANY VALID WRITTEN REQUEST ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS. HARD COPIES OF DOCUMENTS REQUESTED ARE SENT TO REQUESTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER FROM LIQUIDATION OF ASSETS 7,149,767
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10SISTERS OF ST FRANCIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10843 13TH AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0CLINTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode052732
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt064501
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt07788340
IRS990/TotalAssetsEOYAmt0349033
IRS990/TotalAssetsGrp/BOYAmt07788340
IRS990/TotalAssetsGrp/EOYAmt0349033
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0125490
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt064501
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189991
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0119908
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0119908
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07668432
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0349033
IRS990/TotalProgramServiceExpensesAmt064501
IRS990/TotalRevenueGrp/ExclusionAmt0184383
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0184383
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07788340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0349033
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07603931
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0349033
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10843 13TH AVENUE NORTH
IRS990/USAddress/City0CLINTON
IRS990/USAddress/State0IA
IRS990/USAddress/ZIPCode052732
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.THEALVERNO.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNE MARTIN PHELAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05632427609
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE ALVERNO
ReturnHeader/Filer/BusinessNameControlTxt0THEA
ReturnHeader/Filer/EIN0420725207
ReturnHeader/Filer/PhoneNum05632427609
ReturnHeader/Filer/USAddress/AddressLine10843 13TH AVE NORTH
ReturnHeader/Filer/USAddress/City0CLINTON
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052732
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270402452
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WINKEL PARKER & FOSTER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101301 19TH AVE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CLINTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0527322434
ReturnHeader/PreparerPersonGrp/PhoneNum05632423440
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK W PARKER CPA
ReturnHeader/ReturnTs02014-11-17T14:02:37-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$349,033
Liabilities
$0
Net assets
$349,033
Revenue
$184,383
Expenses
$189,991
Net income
-$5,608
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.18$0.19$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.79$0.12$7.67$11.6$8.97$2.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$1.13$5.00$9.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$1.02$4.58$8.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.25$1.05$4.20$8.32