Civic Intelligence

Davenport Family Homes Ltd

EIN 42-1179514 • 501(c)2 • Davenport, IA

Profile

The organization acquires and holds real estate for a related tax exempt social service entity which provides a continuum of quality services to the public that works to create strong, healthy families.

2800 Eastern AvenueDavenport, IA 52803-2012
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

57th percentile

0.00x

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

501(c)2 • <$500k nonprofits • Source year 2017

Net Margin

60th percentile

10%

Higher net margin than 60% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$124,019

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 57.4% of source-year revenue.

501(c)2 • <$500k nonprofits • Source year 2017

Asset Growth

23rd percentile

-100%

Faster asset growth than 23% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

7.9%

Faster revenue growth than 69% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $1,816,886 (-100%) from 2016

Liabilities

Down

$0

Down $717,589 (-100%) from 2016

Net Assets

Down

$0

Down $1,099,297 (-100%) from 2016

Revenue

Up

$216,092

Up $15,754 (+7.9%) from 2016

Expenses

Up

$194,417

Up $11,219 (+6.1%) from 2016

Net Income

Up

$21,675

Up $4,535 (+26%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,176,223Liabilities 2011: $1,601,002Net Assets 2011: $1,575,2212011Assets 2012: $2,562,655Liabilities 2012: $1,225,942Net Assets 2012: $1,336,7132012Assets 2013: $2,220,305Liabilities 2013: $1,083,708Net Assets 2013: $1,136,5972013Assets 2014: $2,068,403Liabilities 2014: $974,291Net Assets 2014: $1,094,1122014Assets 2015: $1,927,127Liabilities 2015: $844,970Net Assets 2015: $1,082,1572015Assets 2016: $1,816,886Liabilities 2016: $717,589Net Assets 2016: $1,099,2972016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KExpenses 2011: $389,9862011Revenue 2012: $51,478Expenses 2012: $289,986Net Income 2012: -$238,5082012Revenue 2013: $79,884Expenses 2013: $280,000Net Income 2013: -$200,1162013Revenue 2014: $70,387Expenses 2014: $112,872Net Income 2014: -$42,4852014Revenue 2015: $178,517Expenses 2015: $190,472Net Income 2015: -$11,9552015Revenue 2016: $200,338Expenses 2016: $183,198Net Income 2016: $17,1402016Revenue 2017: $216,092Expenses 2017: $194,417Net Income 2017: $21,6752017

Highlighted filing

2017

Revenue$216,092
Expenses$194,417
Net Income$21,675

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.1
Gross Receipts
$493,169
Mission and Program Overview

Mission

The organization acquires and holds real estate for a related tax exempt social service entity which provides a continuum of quality services to the public that works to create strong, healthy families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,677,948--
Cash and Non-Interest-Bearing Accounts$134,338--
Prepaid Expenses and Deferred Charges$4,600--
Total Assets$1,816,886$0▼ $1,816,886
Liabilities
Mortgage Notes Payable Secured by Investment Property$556,439--
Other Liabilities$145,019--
Deferred Revenue$9,203--
Accounts Payable and Accrued Expenses$6,928--
Total Liabilities$717,589$0▼ $717,589
Net Assets / Fund Balance
Unrestricted Net Assets$1,099,297--
Total Net Assets Fund Balance$1,099,297$0▼ $1,099,297
Total Liabilities and Net Assets / Fund Balance$1,816,886$0▼ $1,816,886
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mary Macumber-schmidtPresidentFT$124,019$124,019
Erin Van HookControllerFT$90,544$90,544

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$13
Other Revenue
$216,079
Change in Net Assets
$21,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$194,417
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$194,417--$194,417
Total Functional Expenses$194,417$0$0$194,417
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Family Resources IncDavenport, IA501c3Operating Support$194,417
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

As of july 1, 2017, davenport family homes has merged with family resources.

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

A draft of the form 990 is presented to the organization's governing board for their review and approval prior to its filing.

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

A conflict of interest policy questionnaire is completed by board members to address conflict of interest policy issues.

Form 990, Page 6, Part VI, Line 19

The organization makes its financial statements, governing documents, and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Davenport Family Homes Ltd
EIN
42-1179514
Phone
5633266431
Address
2800 EASTERN AVENUE, DAVENPORT, IA 52803-2012

Signing Officer

Name
Erin Van Hook
Title
Controller
Phone
5633266431
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Van Hook
Formed
1981
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Anderson Lower Whitlow Pc
Address
1805 STATE ST STE 201, BETTENDORF, IA 52722
Preparer
Barry L Anderson
Phone
5633594757
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

Effective july 1, 2017 davenport family homes was dissolved and it's assets, liabilities and net assets were assumed by family resources, inc. The activities of davenport family homes will be conducted by a committee of the board of directors of family resources, inc. Going forward.

Form 990, Part XI, Line 9

-1,120,972 effective july 1, 2017, family resources assumed the net assets and liabilities of davenport family homes, ltd, which was dissolved as of that date.

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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/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt5BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt02800 EASTERN AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt12800 EASTERN AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt22800 EASTERN AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt32800 EASTERN AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt42800 EASTERN AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt52800 EASTERN AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm5DAVENPORT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd052803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd152803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd252803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd352803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd452803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd552803
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE JULY 1, 2017 DAVENPORT FAMILY HOMES WAS DISSOLVED AND IT'S ASSETS, LIABILITIES AND NET ASSETS WERE ASSUMED BY FAMILY RESOURCES, INC. THE ACTIVITIES OF DAVENPORT FAMILY HOMES WILL BE CONDUCTED BY A COMMITTEE OF THE BOARD OF DIRECTORS OF FAMILY RESOURCES, INC. GOING FORWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS OF JULY 1, 2017, DAVENPORT FAMILY HOMES HAS MERGED WITH FAMILY RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S GOVERNING BOARD FOR THEIR REVIEW AND APPROVAL PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST POLICY QUESTIONNAIRE IS COMPLETED BY BOARD MEMBERS TO ADDRESS CONFLICT OF INTEREST POLICY ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5-1,120,972 EFFECTIVE JULY 1, 2017, FAMILY RESOURCES ASSUMED THE NET ASSETS AND LIABILITIES OF DAVENPORT FAMILY HOMES, LTD, WHICH WAS DISSOLVED AS OF THAT DATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 4
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/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FAMILY RESOURCES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420698225
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FAM. ASST.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02800 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DAVENPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0528032012
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0194417
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1421420
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2365666
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt382279
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CONTRIBUTIONS PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ENDING LN GUARANTEE BAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2LEASE INCOME RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3ADVANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FAMILY RESOURCES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FAMILY RESOURCES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2FAMILY RESOURCES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3FAMILY RESOURCES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3E
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt01816886
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01816886
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194417
IRS990/TotalFunctionalExpensesGrp/TotalAmt0194417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0717589
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0717589
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01099297
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt016496
IRS990/TotalProgramServiceExpensesAmt0194417
IRS990/TotalRevenueGrp/ExclusionAmt013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0216079
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0216092
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01816886
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0198067
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01099297
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02800 EASTERN AVENUE
IRS990/USAddress/CityNm0DAVENPORT
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052803
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIN VAN HOOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum05633266431
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVENPORT FAMILY HOMES LTD
ReturnHeader/Filer/BusinessNameControlTxt0DAVE
ReturnHeader/Filer/EIN0421179514

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