Civic Intelligence

Families Inc.

990 • Fiscal year 2019 • EIN 42-1023208

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

233 S 2nd PO Box 130West Branch, IA 52358

(319) 643-2532

Siviq Scores

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

Liabilities / Assets

89th percentile

0.79x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

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

Net Margin

32nd percentile

-2.3%

Higher net margin than 32% 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

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

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

Assets

Down

$446,624

Down $81,311 (-15%) from 2018

Net Assets

Down

$93,989

Down $55,324 (-37%) from 2018

Liabilities

Down

$352,635

Down $25,987 (-6.9%) from 2018

Revenue

Down

$2,369,925

Down $298,856 (-11%) from 2018

Expenses

Down

$2,425,249

Down $245,630 (-9.2%) from 2018

Net Income

Down

-$55,324

Down $53,226 (-2537%) 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: $597,349Liabilities 2011: $262,533Net Assets 2011: $334,8162011Assets 2012: $630,095Liabilities 2012: $269,078Net Assets 2012: $361,0172012Assets 2013: $706,763Liabilities 2013: $358,637Net Assets 2013: $348,1262013Assets 2014: $486,501Liabilities 2014: $328,913Net Assets 2014: $157,5882014Assets 2015: $480,759Liabilities 2015: $315,825Net Assets 2015: $164,9342015Assets 2016: $571,958Liabilities 2016: $282,924Net Assets 2016: $289,0342016Assets 2017: $526,823Liabilities 2017: $375,412Net Assets 2017: $151,4112017Assets 2018: $527,935Liabilities 2018: $378,622Net Assets 2018: $149,3132018Assets 2019: $446,624Liabilities 2019: $352,635Net Assets 2019: $93,9892019Assets 2020: $811,478Liabilities 2020: $548,902Net Assets 2020: $262,5762020Assets 2021: $786,848Liabilities 2021: $180,293Net Assets 2021: $606,5552021Assets 2022: $955,602Liabilities 2022: $172,487Net Assets 2022: $783,1152022Assets 2023: $1,020,874Liabilities 2023: $187,220Net Assets 2023: $833,6542023Assets 2024: $1,124,703Liabilities 2024: $199,324Net Assets 2024: $925,3792024Assets 2025: $1,301,041Liabilities 2025: $279,702Net Assets 2025: $1,021,3392025

Highlighted filing

2019

Assets$446,624
Liabilities$352,635
Net Assets$93,989

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,556,1712011Expenses 2012: $1,785,3422012Expenses 2013: $2,262,4992013Revenue 2014: $2,185,175Expenses 2014: $2,375,713Net Income 2014: -$190,5382014Revenue 2015: $2,446,002Expenses 2015: $2,438,656Net Income 2015: $7,3462015Revenue 2016: $2,365,156Expenses 2016: $2,241,056Net Income 2016: $124,1002016Revenue 2017: $2,190,337Expenses 2017: $2,327,960Net Income 2017: -$137,6232017Revenue 2018: $2,668,781Expenses 2018: $2,670,879Net Income 2018: -$2,0982018Revenue 2019: $2,369,925Expenses 2019: $2,425,249Net Income 2019: -$55,3242019Revenue 2020: $1,786,170Expenses 2020: $1,617,583Net Income 2020: $168,5872020Revenue 2021: $1,875,402Expenses 2021: $1,531,423Net Income 2021: $343,9792021Revenue 2022: $1,756,700Expenses 2022: $1,580,140Net Income 2022: $176,5602022Revenue 2023: $1,556,131Expenses 2023: $1,505,592Net Income 2023: $50,5392023Revenue 2024: $1,586,554Expenses 2024: $1,494,829Net Income 2024: $91,7252024Revenue 2025: $1,700,575Expenses 2025: $1,604,615Net Income 2025: $95,9602025

Highlighted filing

2019

Revenue$2,369,925
Expenses$2,425,249
Net Income-$55,324
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$2,369,925
Mission and Program Overview

Mission

Family home-based counseling

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$205,539$187,764▼ $17,775
Accounts Receivable$217,057$157,025▼ $60,032
Land, Buildings, and Equipment, Net$105,208$101,804▼ $3,404
Rtn Earn Endowment Incm Other Fnds$149,313$93,989▼ $55,324
Savings and Temporary Cash Investments-$0-
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$527,935$446,624▼ $81,311
Other Assets Total$131$31▼ $100
Liabilities
Accounts Payable and Accrued Expenses$355,082$197,014▼ $158,068
Mortgage Notes Payable Secured by Investment Property$23,540$155,621▲ $132,081
Total Liabilities$378,622$352,635▼ $25,987
Net Assets / Fund Balance
Total Net Assets Fund Balance$149,313$93,989▼ $55,324
Total Liabilities and Net Assets / Fund Balance$527,935$446,624▼ $81,311

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$101,804$33,196$135,000
Equipment-$48,219$48,219
Compensation and Service Providers

Board Members and Trustees

NameTitle
Judy CottinghamPresident
Jenny KrieterVice President
Misty HerringDirector
Kathy FaitSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$24,494
Program Service Revenue
$2,344,783
Investment Income
$648
Other Revenue
$0
All Other Contributions
$24,494
Change in Net Assets
$-55,324

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,369,925
Total Revenue per Audited Statements
$2,369,925
Total Revenue per Form 990
$2,369,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,075,771
Other Expenses$349,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,539,613$171,068-$1,710,681
Payroll Taxes$123,512$13,723-$137,235
Travel$122,261$13,585-$135,846
Other Employee Benefits$108,311$12,035-$120,346
Current Officers, Directors, Trustees, and Key Employees$72,354$8,039-$80,393
Fees for Services Accounting$57,184$19,780-$76,964
Insurance$53,263$5,918-$59,181
Occupancy$27,977$3,108-$31,085
Pension Plan Contributions$24,404$2,712-$27,116
Interest$5,370$597-$5,967
All Other Expenses$5,150$304-$5,454
Office Expenses$3,163$351-$3,514
Depreciation Depletion$3,000$333-$3,333
Fees for Services Management-$1,803-$1,803
Other Expenses$1,565$216-$1,565
Conferences and Meetings$1,217$135-$1,352
Advertising$23$2-$25
Total Functional Expenses$2,171,540$253,709$0$2,425,249

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,425,249
Total Expenses per Audited Statements$2,425,249
Total Expenses per Form 990$2,425,249
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
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
No
Annual disclosure for covered persons
No
Audit committee
Yes
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 organization's accounting firm prepares the 990 from information provided by the organization. A copy of the 990 is provided to the executive director and the board for review. If necessary, changes to the 990 are made and a new draft copy is prepared and resubmitted for review. Once approved by the executive director and board a final copy is distributed to the organization for signature and filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

No board member may use their position to personally profit at the expense of the organization. No member of the board of directors shall vote on any matter in which such director, or director's family, partner or similary related entity has a direct substantial interest in any property or business that would be directly and substantially affected.

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

These items are provided upon request, none are available through the organization's website.

Filing and Contact Details

Filer

Filer Name
Families Inc
EIN
42-1023208
Phone
3196432532
Address
233 S 2ND PO BOX 130, WEST BRANCH, IA 52358

Signing Officer

Name
Mary Kay Townsend
Title
Executive Direc
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
Ia
Voting Board Members
4
Independent Board Members
4
Employees
165

Preparer

Firm
Sargent & Fortmann LLP
Address
506 1st Avenue S Suite B, Mt Vernon, IA 52314-1612
Preparer
Mark Sargent
Phone
3198956295
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

In accordance with accounting principles generally accepted in the usa, the organization is subject to rules for the recognition, measurement, classification and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the organization's income tax returns. Management is not aware of any tax positions that would have a material effect on the financial statements that are more likely than not to change in the next year or that would sustain an examination by applicable taxing authorities with full knowledge of the position and all relevant facts. Since tax matters are subject to some degree of uncertainity, there can be no assurance that the organization's income tax returns will not be challenged by taxing authorities and that the organization will not be subject to additional tax, penalties and interest as a result of such challenge. No such penalties or interest were recognized during tax year ended june 30, 2019. The organization's information returns are open to examination by the taxing authorities.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt033196
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0135000
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048219
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048219
IRS990ScheduleD/ExpensesSubtotalAmt02425249
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE USA, THE ORGANIZATION IS SUBJECT TO RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S INCOME TAX RETURNS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT YEAR OR THAT WOULD SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES WITH FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINITY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S INCOME TAX RETURNS WILL NOT BE CHALLENGED BY TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. NO SUCH PENALTIES OR INTEREST WERE RECOGNIZED DURING TAX YEAR ENDED JUNE 30, 2019. THE ORGANIZATION'S INFORMATION RETURNS ARE OPEN TO EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO BOARD MEMBER MAY USE THEIR POSITION TO PERSONALLY PROFIT AT THE EXPENSE OF THE ORGANIZATION. NO MEMBER OF THE BOARD OF DIRECTORS SHALL VOTE ON ANY MATTER IN WHICH SUCH DIRECTOR, OR DIRECTOR'S FAMILY, PARTNER OR SIMILARY RELATED ENTITY HAS A DIRECT SUBSTANTIAL INTEREST IN ANY PROPERTY OR BUSINESS THAT WOULD BE DIRECTLY AND SUBSTANTIALLY AFFECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE ITEMS ARE PROVIDED UPON REQUEST, NONE ARE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/ZIPCd0523589636
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY KAY TOWNSEND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAMILIES INC
ReturnHeader/Filer/BusinessNameControlTxt0FAMI
ReturnHeader/Filer/EIN0421023208
ReturnHeader/Filer/PhoneNum03196432532
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.30$0.28$1.02$1.70$1.60$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.20$0.93$1.59$1.49$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.19$0.83$1.56$1.51$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.17$0.78$1.76$1.58$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.18$0.61$1.88$1.53$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.55$0.26$1.79$1.62$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.35$0.09$2.37$2.43$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.38$0.15$2.67$2.67$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.38$0.15$2.19$2.33$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.28$0.29$2.37$2.24$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.32$0.16$2.45$2.44$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.33$0.16$2.19$2.38$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.36$0.35$2.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.27$0.36$1.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.26$0.33$1.56