Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2017 • EIN 43-1170012

Oct 01, 2016 to Sep 30, 2017 • Filed on May 22, 2018

6111 E 129th StGrandview, MO 64030

(816) 966-0303

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.13x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

2.97x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

61st percentile

7.5%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$234,395

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

40th percentile

0.3%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

2.3%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,272,613

Up $5,919 (+0.3%) from 2016

Net Assets

Up

-$285,037

Up $64,664 (+18%) from 2016

Liabilities

Down

$2,557,650

Down $58,745 (-2.2%) from 2016

Revenue

Up

$862,283

Up $19,760 (+2.3%) from 2016

Expenses

Up

$797,619

Up $4,804 (+0.6%) from 2016

Net Income

Up

$64,664

Up $14,956 (+30%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $2,476,320Liabilities 2010: $3,355,343Net Assets 2010: -$879,0232010Assets 2011: $2,448,888Liabilities 2011: $3,245,173Net Assets 2011: -$796,2852011Assets 2012: $2,376,953Liabilities 2012: $3,089,578Net Assets 2012: -$712,6252012Assets 2013: $2,365,885Liabilities 2013: $2,981,242Net Assets 2013: -$615,3572013Assets 2014: $2,317,779Liabilities 2014: $2,829,255Net Assets 2014: -$511,4762014Assets 2015: $2,278,218Liabilities 2015: $2,677,627Net Assets 2015: -$399,4092015Assets 2016: $2,266,694Liabilities 2016: $2,616,395Net Assets 2016: -$349,7012016Assets 2017: $2,272,613Liabilities 2017: $2,557,650Net Assets 2017: -$285,0372017Assets 2018: $2,157,101Liabilities 2018: $2,285,044Net Assets 2018: -$127,9432018Assets 2019: $2,055,649Liabilities 2019: $2,048,576Net Assets 2019: $7,0732019Assets 2020: $1,985,759Liabilities 2020: $1,876,573Net Assets 2020: $109,1862020Assets 2021: $1,921,639Liabilities 2021: $1,696,412Net Assets 2021: $225,2272021Assets 2022: $1,893,984Liabilities 2022: $1,507,108Net Assets 2022: $386,8762022Assets 2023: $1,773,746Liabilities 2023: $1,352,033Net Assets 2023: $421,7132023Assets 2024: $1,788,524Liabilities 2024: $1,323,903Net Assets 2024: $464,6212024

Highlighted filing

2017

Assets$2,272,613
Liabilities$2,557,650
Net Assets-$285,037

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2010: $679,7222010Revenue 2011: $731,713Expenses 2011: $648,975Net Income 2011: $82,7382011Expenses 2012: $666,3182012Expenses 2013: $691,8102013Revenue 2014: $811,528Expenses 2014: $707,647Net Income 2014: $103,8812014Revenue 2015: $839,858Expenses 2015: $727,791Net Income 2015: $112,0672015Revenue 2016: $842,523Expenses 2016: $792,815Net Income 2016: $49,7082016Revenue 2017: $862,283Expenses 2017: $797,619Net Income 2017: $64,6642017Revenue 2018: $880,705Expenses 2018: $723,611Net Income 2018: $157,0942018Revenue 2019: $872,669Expenses 2019: $737,653Net Income 2019: $135,0162019Revenue 2020: $904,543Expenses 2020: $802,430Net Income 2020: $102,1132020Revenue 2021: $873,176Expenses 2021: $757,135Net Income 2021: $116,0412021Revenue 2022: $899,035Expenses 2022: $737,386Net Income 2022: $161,6492022Revenue 2023: $822,614Expenses 2023: $787,777Net Income 2023: $34,8372023Revenue 2024: $1,021,161Expenses 2024: $978,253Net Income 2024: $42,9082024

Highlighted filing

2017

Revenue$862,283
Expenses$797,619
Net Income$64,664
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 22, 2018
Return Version
2016v3.0
Gross Receipts
$862,283
Mission and Program Overview

Mission

Provide low-income elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,778,081$1,683,129▼ $94,952
Savings and Temporary Cash Investments$298,974$430,810▲ $131,836
Cash and Non-Interest-Bearing Accounts$134,998$120,064▼ $14,934
Accounts Receivable$37,744$22,270▼ $15,474
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$2,266,694$2,272,613▲ $5,919
Other Assets Total$16,897$16,340▼ $557
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,809,954$1,616,123▼ $193,831
Other Liabilities$763,513$906,677▲ $143,164
Accounts Payable and Accrued Expenses$39,912$34,850▼ $5,062
Deferred Revenue$3,016--
Total Liabilities$2,616,395$2,557,650▼ $58,745
Net Assets / Fund Balance
Unrestricted Net Assets$-349,701$-285,037▲ $64,664
Total Net Assets Fund Balance$-349,701$-285,037▲ $64,664
Total Liabilities and Net Assets / Fund Balance$2,266,694$2,272,613▲ $5,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,586,624$3,019,108$4,605,732
Other Land Buildings$36$103,545$103,581
Land$96,469-$96,469
Equipment-$23,273$23,273
Leasehold Improvements-$13,554$13,554
Compensation and Service Providers

Employees

NameTitleOtherTotal
F Bradford BaileyPresident$129,933$129,933
Steven M HowardVice President$123,896$123,896
Paul D SmithDirector$79,849$79,849
Richard T AmickTreasurer$75,842$75,842
Beverly GatesAsst. Treasurer$41,010$41,010

Board Members and Trustees

NameTitle
DAVID E HudsonChairman
Paul R SeilerFormer President
Jeffrey J SmithFormer Vice President
Philip MaxwellDirector
Renea SmithAsst. Secretary
Ralph BukiewiczFormer Assistant Secretary
Richard HerivelFormer Assistant Treasurer
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$541,864
Program Service Revenue
$207,659
Investment Income
$568
Other Revenue
$112,192
Change in Net Assets
$64,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$862,283
Total Revenue per Audited Statements
$862,283
Total Revenue per Form 990
$862,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$589,866
Salaries, Compensation, and Employee Benefits$207,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$114,347$52,561-$166,908
Occupancy$154,222--$154,222
Depreciation Depletion$94,952--$94,952
Interest$87,267--$87,267
Office Expenses$24,579$13,756-$38,335
Fees for Services Management-$37,469-$37,469
Other Employee Benefits$32,292--$32,292
Insurance$23,159--$23,159
Payroll Taxes$8,553--$8,553
Fees for Services Accounting-$5,700-$5,700
Conferences and Meetings-$2,499-$2,499
Other Expenses$145,101$815-$815
Fees for Services Legal-$347-$347
Total Functional Expenses$684,472$113,147$0$797,619

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$797,619
Total Expenses per Audited Statements$797,619
Total Expenses per Form 990$797,619
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$673,050
Miscellaneous Current Liabilities$212,383
Tenant Deposits Held in Trust$17,229
Prepaid Revenue$4,015
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The salvation army kansas and western missouri divisional headquarters performs management functions for the organization.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The organization operates an apartment complex under section 202 of the national housing act. Items such as rent charges, major additions and renovations and cash distributions to officers and directors are subject to prior approval by the u.s. Department of housing and urban development.

Form 990, Part VI, Line 11B: Form 990 Review Process

The finished form 990 is reviewed by the organization's tax committee prior to it being filed.

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

Booth Manor, Inc. is an affiliate of Salvation Army. The conflict of interest policy of the Salvation Army governs the actions of directors and trustees of Booth Manor, Inc. The following is a description of Salvation Armys conflict of interest policy:In order to avoid any appearance that the judgment of a Salvation Army officer or employee has been influenced, it is the policy of the Salvation Army that Salvation Army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to The Salvation Army (referred to in this policy as Vendors). No Salvation Army officer or employee will accept employment by, or act as a consultant to, any vendor. No Salvation Army Officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to The Salvation Army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (A) Legitimate business related meals or (B) Entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor.Implementation: All Salvation Army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of The Salvation Army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a Salvation Army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in The Salvation Army Central Territory employee manual, and all employees of The Salvation Army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by The Salvation Army, up to and including termination.

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

Booth Manor, Inc. makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
43-1170012
Phone
8169660303
Address
6111 E 129TH ST, GRANDVIEW, MO 64030

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Signed
2018-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Bradford Bailey
Formed
1988
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
1
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2 The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of Section 501(a) of the Code.In the event the Corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of September 30, 2017 and 2016. The Corporation adopted the standard for Accounting for Uncertainty in Income Taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASST. TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10FORMER VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11Former Assistant Secretary
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt152001
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IRS990/PrincipalOfficerNm0F Bradford Bailey
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$1.32$0.46$1.02$0.98$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.77$1.35$0.42$0.82$0.79$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.89$1.51$0.39$0.90$0.74$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.70$0.23$0.87$0.76$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.99$1.88$0.11$0.90$0.80$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.06$2.05$0.01$0.87$0.74$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.16$2.29$0.13$0.88$0.72$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.27$2.56$0.29$0.86$0.80$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.27$2.62$0.35$0.84$0.79$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.28$2.68$0.40$0.84$0.73$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.32$2.83$0.51$0.81$0.71$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$2.98$0.62$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$3.09$0.71$0.67
2011Summary only. Only limited summary data is available for this year.$2.45$3.25$0.80$0.73$0.65$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$3.36$0.88$0.68