Civic Intelligence

Elder Services Inc

990 • Fiscal year 2016 • EIN 42-1146533

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 17, 2016

1486 S 1st Avenue Unit BIowa City, IA 52245

(319) 338-0515

Siviq Scores

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

Liabilities / Assets

69th percentile

0.30x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.09x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

29th percentile

-5.0%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

39th percentile

$29,174

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

9th percentile

-14%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-7.4%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$416,955

Down $68,863 (-14%) from 2015

Net Assets

Down

$293,281

Down $67,144 (-19%) from 2015

Liabilities

Down

$123,674

Down $1,719 (-1.4%) from 2015

Revenue

Down

$1,312,356

Down $104,522 (-7.4%) from 2015

Expenses

Down

$1,378,623

Down $114,058 (-7.6%) from 2015

Net Income

Up

-$66,267

Up $9,536 (+13%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $552,418Liabilities 2011: $61,170Net Assets 2011: $491,2482011Assets 2012: $490,625Liabilities 2012: $73,508Net Assets 2012: $417,1172012Assets 2013: $513,419Liabilities 2013: $48,997Net Assets 2013: $464,4222013Assets 2014: $548,626Liabilities 2014: $115,313Net Assets 2014: $433,3132014Assets 2015: $485,818Liabilities 2015: $125,393Net Assets 2015: $360,4252015Assets 2016: $416,955Liabilities 2016: $123,674Net Assets 2016: $293,2812016Assets 2017: $304,517Liabilities 2017: $142,546Net Assets 2017: $161,9712017Assets 2018: $320,028Liabilities 2018: $120,398Net Assets 2018: $199,6302018

Highlighted filing

2016

Assets$416,955
Liabilities$123,674
Net Assets$293,281

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,456,964Expenses 2011: $1,398,558Net Income 2011: $58,4062011Expenses 2012: $1,371,2252012Expenses 2013: $1,309,9452013Revenue 2014: $1,491,114Expenses 2014: $1,547,563Net Income 2014: -$56,4492014Revenue 2015: $1,416,878Expenses 2015: $1,492,681Net Income 2015: -$75,8032015Revenue 2016: $1,312,356Expenses 2016: $1,378,623Net Income 2016: -$66,2672016Revenue 2017: $1,250,060Expenses 2017: $1,382,676Net Income 2017: -$132,6162017Revenue 2018: $1,058,242Expenses 2018: $1,020,583Net Income 2018: $37,6592018

Highlighted filing

2016

Revenue$1,312,356
Expenses$1,378,623
Net Income-$66,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 17, 2016
Return Version
2015v2.1
Gross Receipts
$1,313,750
Mission and Program Overview

Mission

Elder Services, Inc. provides programs, services, and resources to assist persons age 60 and over in Johnson county and east central Iowa to stay active, independent, and safe in their own homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$162,953$125,848▼ $37,105
Land, Buildings, and Equipment, Net$82,753$113,252▲ $30,499
Pledges and Grants Receivable$49,668$46,200▼ $3,468
Investments in Publicly Traded Securities$151,466$44,586▼ $106,880
Savings and Temporary Cash Investments$0$30,161▲ $30,161
Cash and Non-Interest-Bearing Accounts$19,722$19,473▼ $249
Inventories for Sale or Use$16,233$10,651▼ $5,582
Prepaid Expenses and Deferred Charges$3,023$3,783▲ $760
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$485,818$416,955▼ $68,863
Other Assets Total$0$23,001▲ $23,001
Liabilities
Accounts Payable and Accrued Expenses$104,061$87,594▼ $16,467
Mortgage Notes Payable Secured by Investment Property$12,231$23,231▲ $11,000
Escrow Account Liability$9,101$12,849▲ $3,748
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$125,393$123,674▼ $1,719
Net Assets / Fund Balance
Unrestricted Net Assets$277,706$247,583▼ $30,123
Temporarily Rstr Net Assets$79,924$42,903▼ $37,021
Permanently Rstr Net Assets$2,795$2,795→ $0
Total Net Assets Fund Balance$360,425$293,281▼ $67,144
Total Liabilities and Net Assets / Fund Balance$485,818$416,955▼ $68,863

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$113,252$133,830$247,082
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Other Assets Org$12,849--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$102,396$0▲ $2,190$60,000$44,586
2014$97,430$0▲ $4,966$0$102,396
2013$83,673$0▲ $13,757$0$97,430
2012$74,590$0▲ $9,083$0$83,673
2011$70,394$0▲ $4,196$0$74,590
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan BlodgettExecutive Director-formerFT$27,574$1,600$29,174
Devon InmanExecutive DirectorFT$19,616-$19,616

Board Members and Trustees

NameTitle
Brian KaskieDirector and Board President
Kathleen BuchwalterDirector and Vice President
Adam ConzemiusDirector
Allyn JordanDirector
Gordon FischerDirector
Joseph CampanelliDirector
Monica HayesDirector
Sally StutsmanDirector
Tim WebberDirector
Vicki LensingDirector
Dale SimonDirector and Secretary
Kim SchilligDirector and Secretary
Gerald KuhlDirector and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$401,862
Program Service Revenue
$903,035
Investment Income
$3,432
Other Revenue
$4,027
All Other Contributions
$116,131
Change in Net Assets
$-66,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$774,092
Other Expenses$604,531
Total Fundraising Expense$16,080
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$565,136$36,835$6,000$607,971
Occupancy$44,643$12,555$5,022$62,220
Other Employee Benefits$56,854$2,240$1,932$61,026
Payroll Taxes$52,991$2,337$151$55,479
Current Officers, Directors, Trustees, and Key Employees$32,950$14,885$1,781$49,616
Office Expenses$12,266$16,379$1,143$29,788
Travel$28,088$843$51$28,982
All Other Expenses$16,286$11,000$0$27,286
Depreciation Depletion$15,953$4,284$0$20,237
Fees for Services Accounting$6,000$6,966$0$12,966
Insurance$7,500$5,134$0$12,634
Information Technology$3,574$4,522$0$8,096
Other Expenses$5,596$0$0$5,596
Interest$2,877$648$0$3,525
Fees for Services Other$1,335$0$0$1,335
Conferences and Meetings$693$562$0$1,255
Fees for Service Investment Mgmnt Fees$0$243$0$243
Total Functional Expenses$1,241,860$120,683$16,080$1,378,623
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,421
Fundraising Direct Expenses$1,394
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Elderberry High Tea$20,606$5,421$1,394$4,027
Total Events$20,606$5,421$1,394$4,027
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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

Form 990 is reviewed and approved by the Executive Director and the Finance Committee. A copy of form 990 is provided to each board member prior to filing with the IRS.

Form 990, Part VI, Section B, Line 15

ESI appoints a Compensation Committee responsible for establishing and maintaining competitive compensation for the Executive Director. The Committee meets to review the compensation of the Executive Director and makes compensation recommendations to the Board of Directors. The Committee is comprised of at least three members of the board of directors, but no more than four members. The members include the board president, a member of the finance committee and one or two other members to be approved by the board of directors in the spring of each year. The Committee will meet prior to the end of the fiscal year and will consider the following factors: * The boards most recent performance evaluation of the executive director, normally completed in the spring of each year. * The executive directors self evaluation and plan for the next fiscal year. * Comparable compensation information from various sources, including comparable agencies of United Way of Johnson. * The financial ability of the organization to grant overall compensation increases considering historical financial results and a proposed budget. The Committee recommends the compensation of the Executive Director for action by the full board of directors, if possible by the June board meeting, with compensation to be effective July 1. The compensation of the Executive Director for the year ended June 30, 2016 was approved by the board.

Form 990, Part VI, Section C, Line 19

The Organization's governing documents, financial statements and conflict of interest policy are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Elder Services Inc
EIN
42-1146533
Phone
3193380515
Address
1486 S 1st Avenue Unit B, Iowa City, IA 52245

Signing Officer

Name
Devon Inman
Title
Executive Director
Phone
3193380515
Signed
2016-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Devon Inman
Formed
1980
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
56
Volunteers
575

Preparer

Firm
Stan Miller
Address
2254 Jessica Lane, Coralville, IA 52241
Preparer
Stan Miller
Phone
3194305393
Supplemental Narrative

Financial Statement Notes

Schedule D, Part IV, Line 2B

The Organization holds funds in joint name with clients under approval of the Social Security Administration.

Schedule D, Part V, Line 4

Board designated endowment funds are held until such time they are needed to fulfill program services. Permanent endowments are held to accumulate over a long period of time.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1419616
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director and Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director and Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director and Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director and Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director and Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Director-former
IRS990/Form990PartVIISectionAGrp/TitleTxt14Executive Director
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IRS990/FormationYr01980
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IRS990/FundraisingDirectExpensesAmt01394
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IRS990/GainOrLossGrp/SecuritiesAmt00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt01313750
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IRS990/GrossRentsGrp/RealAmt00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt03574
IRS990/InformationTechnologyGrp/TotalAmt08096
IRS990/InsuranceGrp/FundraisingAmt00
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IRS990/InsuranceGrp/ProgramServicesAmt07500
IRS990/InsuranceGrp/TotalAmt012634
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IRS990/InterestGrp/ManagementAndGeneralAmt0648
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IRS990/InterestGrp/TotalAmt03525
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt044586
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IRS990/LandBldgEquipCostOrOtherBssAmt0247082
IRS990/LegalDomicileStateCd0IA
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IRS990/MissionDesc0Elder Services, Inc. provides programs, services, and resources to assist persons age 60 and over in Johnson county and east central Iowa to stay active, independent, and safe in their own homes.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/FundraisingAmt01143
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016379
IRS990/OfficeExpensesGrp/ProgramServicesAmt012266
IRS990/OfficeExpensesGrp/TotalAmt029788
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02240
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056854
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061026
IRS990/OtherExpensesGrp/Desc0Food and kitchen supplies
IRS990/OtherExpensesGrp/Desc1Subcontractor reimburements
IRS990/OtherExpensesGrp/Desc2Repairs and maintenance
IRS990/OtherExpensesGrp/Desc3Vehicle expense

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits