Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2023 • EIN 43-1170012

Oct 01, 2022 to Sep 30, 2023 • Filed on Mar 26, 2024

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

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.64x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$322,803

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 39.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

18th percentile

-6.3%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-8.5%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,773,746

Down $120,238 (-6.3%) from 2022

Net Assets

Up

$421,713

Up $34,837 (+9.0%) from 2022

Liabilities

Down

$1,352,033

Down $155,075 (-10%) from 2022

Revenue

Down

$822,614

Down $76,421 (-8.5%) from 2022

Expenses

Up

$787,777

Up $50,391 (+6.8%) from 2022

Net Income

Down

$34,837

Down $126,812 (-78%) from 2022

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

2023

Assets$1,773,746
Liabilities$1,352,033
Net Assets$421,713

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

2023

Revenue$822,614
Expenses$787,777
Net Income$34,837
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Mar 26, 2024
Return Version
2022v5.0
Gross Receipts
$822,614
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$1,214,004$1,117,778▼ $96,226
Savings and Temporary Cash Investments$511,647$493,174▼ $18,473
Accounts Receivable$127,336$91,825▼ $35,511
Cash and Non-Interest-Bearing Accounts$21,302$46,994▲ $25,692
Prepaid Expenses and Deferred Charges$0$414▲ $414
Total Assets$1,893,984$1,773,746▼ $120,238
Other Assets Total$19,695$23,561▲ $3,866
Liabilities
Other Liabilities$1,088,124$1,109,654▲ $21,530
Mortgage Notes Payable Secured by Investment Property$383,827$163,060▼ $220,767
Accounts Payable and Accrued Expenses$35,157$79,319▲ $44,162
Total Liabilities$1,507,108$1,352,033▼ $155,075
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$386,876$421,713▲ $34,837
Total Net Assets Fund Balance$386,876$421,713▲ $34,837
Total Liabilities and Net Assets / Fund Balance$1,893,984$1,773,746▼ $120,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,007,039$3,598,693$4,605,732
Land$110,023-$110,023
Other Land Buildings$0$103,581$103,581
Equipment$716$36,178$36,894
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kelly CollinsDirector$64,229$64,229
David HarveyTreasurer$63,145$63,145
James McdowellFormer Asst Treasurer$62,362$62,362
Jonathan RichFormer Director$58,106$58,106

Board Members and Trustees

NameTitle
Kenneth G HodderChairman
F Bradford BaileyFormer President
Evelyn a DiazPresident
Steven M HowardVice President
Robert a WebsterDirector
Dan JenningsAsst Secretary
Julie a TrappAsst Treasurer
Renea SmithFormer Asst Secretary
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$518,183
Program Service Revenue
$282,291
Investment Income
$419
Other Revenue
$21,721
All Other Contributions
$4,043
Change in Net Assets
$34,837

Audited Revenue Reconciliation

Revenue per Audited Statements
$822,614
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$822,614
Total Revenue per Form 990
$822,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$597,172
Salaries, Compensation, and Employee Benefits$190,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$374,016$375-$374,391
Other Salaries and Wages$37,398$108,271-$145,669
Depreciation Depletion$96,226--$96,226
Fees for Services Management-$40,140-$40,140
Other Employee Benefits$34,535--$34,535
Office Expenses-$22,064-$22,064
Insurance$20,460--$20,460
Interest$17,700--$17,700
Payroll Taxes$10,401--$10,401
Other Expenses$10,019$6,524-$6,524
Fees for Services Accounting-$5,200-$5,200
Fees for Services Legal-$3,611-$3,611
Conferences and Meetings-$837-$837
Total Functional Expenses$600,755$187,022$0$787,777

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$787,777
Total Expenses per Audited Statements$787,777
Total Expenses per Form 990$787,777
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$759,514
Miscellaneous Current Liabilities$320,122
Tenant Deposits Held in Trust$23,537
Prepaid Revenue$6,373
Utility Allowances$108
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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, Section A, Line 3

Line 3 explanation - the salvation army kansas and western missouri divisional headquarters performs management functions for the organization.

Form 990, Part VI, Section A, Line 7B

Line 7b explanation - 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, Section B, Line 11B

Line 11b explanation - the finished form 990 is reviewed by the organization's tax committee prior to it being filed.

Form 990, Part VI, Section B, Line 12C

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, Section C, Line 19

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
Phone
8169660303
Signed
2024-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bramwell E Higgins
Formed
1988
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

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, 2023 and 2022. 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/TitleTxt6ASST TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1320122
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2759514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36373
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UTILITY ALLOWANCES

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits