Civic Intelligence

Senior Resources Inc

990 • Fiscal year 2020 • EIN 42-1001870

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

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

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

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

Liabilities / Revenue

33rd percentile

0.05x

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

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

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

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

Asset Growth

9th percentile

-9.6%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

10th percentile

-42%

Faster revenue growth than 10% of similar nonprofits.

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

Assets

Down

$1,039,212

Down $110,913 (-9.6%) from 2019

Net Assets

Down

$1,025,479

Down $100,974 (-9.0%) from 2019

Liabilities

Down

$13,733

Down $9,939 (-42%) from 2019

Revenue

Down

$287,604

Down $209,281 (-42%) from 2019

Expenses

Down

$388,578

Down $33,033 (-7.8%) from 2019

Net Income

Down

-$100,974

Down $176,248 (-234%) from 2019

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

2020

Assets$1,039,212
Liabilities$13,733
Net Assets$1,025,479

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

2020

Revenue$287,604
Expenses$388,578
Net Income-$100,974
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Gross Receipts
$287,604
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$579,701$555,011▼ $24,690
Cash and Non-Interest-Bearing Accounts$52,698$91,260▲ $38,562
Savings and Temporary Cash Investments$109,999$76,759▼ $33,240
Pledges and Grants Receivable$138,750$73,750▼ $65,000
Investments Other Securities$25,000$25,000→ $0
Accounts Receivable$33,099$12,300▼ $20,799
Prepaid Expenses and Deferred Charges$2,250$639▼ $1,611
Total Assets$1,150,125$1,039,212▼ $110,913
Other Assets Total$208,628$204,493▼ $4,135
Liabilities
Accounts Payable and Accrued Expenses$23,672$13,733▼ $9,939
Total Liabilities$23,672$13,733▼ $9,939
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$762,889$741,894▼ $20,995
Net Assets With Donor Restrictions$363,564$283,585▼ $79,979
Total Net Assets Fund Balance$1,126,453$1,025,479▼ $100,974
Total Liabilities and Net Assets / Fund Balance$1,150,125$1,039,212▼ $110,913

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$552,087$362,751$914,838
Equipment$2,924$63,062$65,986
Other Assets Org$204,215--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$25,000-▲ $350$350$25,000
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt SchweizerPresident
Darcy CabreraVice President
Darren WilliamsDirector
Jeff PattisonDirector
Megan FrancisDirector
Tina CampbellDirector
Cindy CarverSecretary
Nerea StricklandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$121,258
Program Service Revenue
$150,440
Investment Income
$8,056
Other Revenue
$7,850
All Other Contributions
$88,021
Change in Net Assets
$-100,974

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,604
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$299,604
Total Revenue per Form 990
$287,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,222
Salaries, Compensation, and Employee Benefits$167,356
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,401$24,857-$152,258
Depreciation Depletion$22,221$2,469-$24,690
Office Expenses$5,341$10,886-$16,227
Payroll Taxes$11,025$3,686-$14,711
Other Expenses$4,361$8,689-$13,050
Fees for Services Other$12,019$81-$12,100
Occupancy$9,011$2,725-$11,736
Insurance$9,936$1,104-$11,040
All Other Expenses$7,276$1,841-$9,117
Fees for Services Accounting-$7,875-$7,875
Travel$1,685$2-$1,687
Advertising-$828-$828
Other Employee Benefits$387--$387
Total Functional Expenses$300,276$88,302$0$388,578

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$400,578
Expenses per Audited Statements$388,578
Total Expenses per Form 990$388,578
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 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
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

Presented at board of directors meeting

Form 990, Part VI, Section B, Line 15A

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 matt schweizer 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
2021-05-11
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
17
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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44725
IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH - PROVIDES VISITS IN THE HOMES OF SENIOR CITIZENS BY TRAINED STAFF FOR THE PURPOSE OF ASSESSING THE SENIORS' NEEDS AND MATCHING THE SENIOR WITH NEEDED SERVICES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt032308
IRS990/ProgSrvcAccomActy3Grp/Desc0ADULT DAY - PROVIDE ADULT DAY CARE TO SENIOR CITIZENS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0145193
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt027243
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/ExpenseAmt026267
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt120522
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04725
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt19256
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt269417
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt374892
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0304162
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013324
IRS990/PYOtherExpensesAmt0184468
IRS990/PYOtherRevenueAmt015426
IRS990/PYProgramServiceRevenueAmt0163973
IRS990/PYRevenuesLessExpensesAmt075274
IRS990/PYSalariesCompEmpBnftPaidAmt0237143
IRS990/PYTotalExpensesAmt0421611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0496885
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-100974
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03600
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035830
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109999
IRS990/SavingsAndTempCashInvstGrp/EOYAmt076759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0121258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0316162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0207445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0232158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01091533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010244
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt083354
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0940052
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78930
IRS990ScheduleA/PublicSupportPY170Pct00.76180
IRS990ScheduleA/PublicSupportTotal170Amt0927325
IRS990ScheduleA/SubstantialContributorsTotAmt0164208
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0121258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0316162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0207445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0232158
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01091533
IRS990ScheduleA/TotalSupportAmt01174887
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/InvestmentEarningsOrLossesAmt0350
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0350
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/InvestmentEarningsOrLossesAmt0200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0200
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012000
IRS990ScheduleD/DonatedServicesUseFcltsAmt012000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02924
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063062
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065986
IRS990ScheduleD/ExpensesNotReportedAmt012000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0388578
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0552087
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0362751
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0914838
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1204215
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS ON LEASED PROPERTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BENEFICIAL INTEREST IN ASSETS HELD AT COMMUNITY FOUNDATION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt012000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0287604
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENTLY RESTRICTED. INCOME IS TEMPORARILY RESTRICTED FOR MEALS ON WHEELS PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0555011
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0204493
IRS990ScheduleD/TotalExpensesPerForm990Amt0388578
IRS990ScheduleD/TotalRevenuePerForm990Amt0287604
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0299604
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0400578
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 MATT SCHWEIZER AT 1808 MULBERRY AVENUE, MUSCATINE, IA, 52761.

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