Civic Intelligence

Senior Resources Inc

990 • Fiscal year 2019 • EIN 42-1001870

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 04, 2019

1808 Mulberry AvenueMuscatine, IA 52761

(563) 263-7292

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

63rd percentile

8.3%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,150,125

Up $88,495 (+8.3%) from 2018

Net Assets

Up

$1,126,453

Up $75,274 (+7.2%) from 2018

Liabilities

Up

$23,672

Up $13,221 (+127%) from 2018

Revenue

Up

$496,885

Up $103,685 (+26%) from 2018

Expenses

Up

$421,611

Up $59,547 (+16%) from 2018

Net Income

Up

$75,274

Up $44,138 (+142%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,106,514Liabilities 2011: $30,665Net Assets 2011: $1,075,8492011Assets 2012: $1,078,147Liabilities 2012: $45,630Net Assets 2012: $1,032,5172012Assets 2013: $1,022,339Liabilities 2013: $39,192Net Assets 2013: $983,1472013Assets 2014: $1,057,540Liabilities 2014: $38,359Net Assets 2014: $1,019,1812014Assets 2015: $1,173,297Liabilities 2015: $33,681Net Assets 2015: $1,139,6162015Assets 2016: $1,104,460Liabilities 2016: $42,357Net Assets 2016: $1,062,1032016Assets 2017: $1,034,616Liabilities 2017: $14,573Net Assets 2017: $1,020,0432017Assets 2018: $1,061,630Liabilities 2018: $10,451Net Assets 2018: $1,051,1792018Assets 2019: $1,150,125Liabilities 2019: $23,672Net Assets 2019: $1,126,4532019Assets 2020: $1,039,212Liabilities 2020: $13,733Net Assets 2020: $1,025,4792020

Highlighted filing

2019

Assets$1,150,125
Liabilities$23,672
Net Assets$1,126,453

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $587,267Expenses 2011: $634,810Net Income 2011: -$47,5432011Expenses 2012: $634,7162012Revenue 2013: $454,018Expenses 2013: $503,388Net Income 2013: -$49,3702013Revenue 2014: $540,706Expenses 2014: $504,672Net Income 2014: $36,0342014Revenue 2015: $647,775Expenses 2015: $527,340Net Income 2015: $120,4352015Revenue 2016: $471,185Expenses 2016: $548,698Net Income 2016: -$77,5132016Revenue 2017: $418,067Expenses 2017: $460,127Net Income 2017: -$42,0602017Revenue 2018: $393,200Expenses 2018: $362,064Net Income 2018: $31,1362018Revenue 2019: $496,885Expenses 2019: $421,611Net Income 2019: $75,2742019Revenue 2020: $287,604Expenses 2020: $388,578Net Income 2020: -$100,9742020

Highlighted filing

2019

Revenue$496,885
Expenses$421,611
Net Income$75,274
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 4, 2019
Return Version
2018v3.1
Gross Receipts
$496,885
Mission and Program Overview

Mission

To promote and provide programs to enhance the quality of life of the senior citizens of muscatine county

To promote and provide programs to enhance the quality of life of the senior citizens of muscatine county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$600,401$579,701▼ $20,700
Pledges and Grants Receivable$77,650$138,750▲ $61,100
Savings and Temporary Cash Investments$29,163$109,999▲ $80,836
Cash and Non-Interest-Bearing Accounts$60,940$52,698▼ $8,242
Accounts Receivable$59,561$33,099▼ $26,462
Investments Other Securities$25,000$25,000→ $0
Prepaid Expenses and Deferred Charges$958$2,250▲ $1,292
Total Assets$1,061,630$1,150,125▲ $88,495
Other Assets Total$207,957$208,628▲ $671
Liabilities
Accounts Payable and Accrued Expenses$10,451$23,672▲ $13,221
Total Liabilities$10,451$23,672▲ $13,221
Net Assets / Fund Balance
Unrestricted Net Assets$768,715$762,889▼ $5,826
Permanently Rstr Net Assets$204,814$204,814→ $0
Temporarily Rstr Net Assets$77,650$158,750▲ $81,100
Total Net Assets Fund Balance$1,051,179$1,126,453▲ $75,274
Total Liabilities and Net Assets / Fund Balance$1,061,630$1,150,125▲ $88,495

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$575,183$339,659$914,842
Equipment$4,518$61,468$65,986
Other Assets Org$208,350--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$25,000-▲ $200$200$25,000
2017$25,000-▲ $200$200$25,000
2016$25,000-▲ $200$200$25,000
2015$25,000-▲ $200$200$25,000
2014$25,000-▲ $237$237$25,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pete DegabrieleFormer President
Matt SchweizerPresident
Cindy CarverDirector
Megan FrancisDirector
Tina CampbellDirector
Debbie McallisterSecretary
Nerea StricklandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$304,162
Program Service Revenue
$163,973
Investment Income
$13,324
Other Revenue
$15,426
All Other Contributions
$139,914
Change in Net Assets
$75,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$496,885
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$508,885
Total Revenue per Form 990
$496,885
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$237,143
Other Expenses$184,468
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,912$33,983-$217,895
Depreciation Depletion$21,868$2,429-$24,297
Payroll Taxes$16,110$2,795-$18,905
All Other Expenses$3,683$10,211-$13,894
Fees for Services Other$11,618--$11,618
Office Expenses$1,377$9,265-$10,642
Occupancy$9,354$1,040-$10,394
Insurance$7,925$881-$8,806
Other Expenses$6,892$766-$7,658
Fees for Services Accounting-$6,925-$6,925
Travel$2,607$48-$2,655
Advertising-$1,050-$1,050
Other Employee Benefits$328$15-$343
Total Functional Expenses$335,217$86,394$0$421,611

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$433,611
Expenses per Audited Statements$421,611
Total Expenses per Form 990$421,611
Expenses Not Reported on Form 990$12,000
Expenses Not Reported on Financial Statements$0
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
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
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, Section B, Line 11B

Presented at board of directors meeting

Form 990, Part VI, Section B, Line 15

Compensation approved by independent board of directors and documented in minutes.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request. Requests may be made during normal business hours by contacting pete degabriele at 1808 mulberry avenue, muscatine, ia, 52761.

Filing and Contact Details

Filer

Filer Name
Senior Resources Inc
EIN
42-1001870
Phone
5632637292
Address
1808 MULBERRY AVENUE, MUSCATINE, IA 52761

Signing Officer

Name
Matt Schweizer
Title
President
Phone
5632648995
Signed
2019-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Schweizer
Formed
1972
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
18
Volunteers
50

Preparer

Firm
Carpentier Mitchell Goddard & Co LLC
Address
4915 - 21ST AVENUE A, MOLINE, IL 61265
Preparer
James E Taylor
Phone
3097623626
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Permanently restricted. Income is temporarily restricted for meals on wheels program.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOME REPAIR - PROVIDES A SKILLED HANDYMAN TO DO REPAIRS IN THE HOMES OF SENIOR CITIZENS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CHORE SERVICES - PROVIDES A PERSON TO DO YARD WORK, SNOW REMOVAL, AND HEAVY HOUSEHOLD CLEANING FOR SENIOR CITIZENS
IRS990/ProgSrvcAccomActyOtherGrp/Desc2MEDICAID REIMBURSEMENT
IRS990/ProgSrvcAccomActyOtherGrp/Desc3OTHER PROGRAM SERVICE REVENUE, MISCELLANEOUS, HOUSING CLUSTER REIMBURSEMENT
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt057460
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt117131
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt07653
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt19377
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt270580
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt321707
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0202510
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013901
IRS990/PYOtherExpensesAmt0173870
IRS990/PYOtherRevenueAmt016009
IRS990/PYProgramServiceRevenueAmt0160780
IRS990/PYRevenuesLessExpensesAmt031136
IRS990/PYSalariesCompEmpBnftPaidAmt0188194
IRS990/PYTotalExpensesAmt0362064
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0393200
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt075274
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04650
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt037081
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0109999
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0316162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0214510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0207445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0232158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0389791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01360066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07781
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt079479
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01047565
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76180
IRS990ScheduleA/PublicSupportPY170Pct00.77090
IRS990ScheduleA/PublicSupportTotal170Amt01096583
IRS990ScheduleA/SubstantialContributorsTotAmt0263483
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0316162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0214510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0207445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0232158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0389791
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01360066
IRS990ScheduleA/TotalSupportAmt01439545
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/CYEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0200
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0200
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0200
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt025000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0237
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0237
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012000
IRS990ScheduleD/DonatedServicesUseFcltsAmt012000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04518
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061468
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065986
IRS990ScheduleD/ExpensesNotReportedAmt012000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0421611
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0575183
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0339659
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0914842
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1208350
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS ON LEASED PROPERTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BENEFICIAL INTEREST IN ASSETS HELD AT COMMUNITY FOUNDATION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt012000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0496885
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENTLY RESTRICTED. INCOME IS TEMPORARILY RESTRICTED FOR MEALS ON WHEELS PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0579701
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0208628
IRS990ScheduleD/TotalExpensesPerForm990Amt0421611
IRS990ScheduleD/TotalRevenuePerForm990Amt0496885
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0508885
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0433611
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESENTED AT BOARD OF DIRECTORS MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION APPROVED BY INDEPENDENT BOARD OF DIRECTORS AND DOCUMENTED IN MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS MAY BE MADE DURING NORMAL BUSINESS HOURS BY CONTACTING PETE DEGABRIELE AT 1808 MULBERRY AVENUE, MUSCATINE, IA, 52761.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BENJAMIN HERSHEY COVALESCENT HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420307480

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