Civic Intelligence

Isaiah 58 Inc.

990 • Fiscal year 2016 • EIN 45-5430718

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 29, 2017

921 Cherokee AvenueNashville, TN 37210

(615) 668-5800

Siviq Scores

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

Liabilities / Assets

76th percentile

0.29x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.06x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

2nd percentile

-53%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$164,172

Down $188,515 (-53%) from 2015

Net Assets

Down

$116,564

Down $221,584 (-66%) from 2015

Liabilities

Up

$47,608

Up $33,069 (+227%) from 2015

Revenue

Down

$748,137

Down $157,756 (-17%) from 2015

Expenses

Up

$968,714

Up $111,452 (+13%) from 2015

Net Income

Down

-$220,577

Down $269,208 (-554%) from 2015

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 2013: $184,747Liabilities 2013: $13,378Net Assets 2013: $171,3692013Assets 2014: $310,509Liabilities 2014: $20,992Net Assets 2014: $289,5172014Assets 2015: $352,687Liabilities 2015: $14,539Net Assets 2015: $338,1482015Assets 2016: $164,172Liabilities 2016: $47,608Net Assets 2016: $116,5642016Assets 2017: $187,210Liabilities 2017: $44,162Net Assets 2017: $143,0482017Assets 2018: $196,355Liabilities 2018: $28,796Net Assets 2018: $167,5592018Assets 2019: $225,004Liabilities 2019: $29,240Net Assets 2019: $195,7642019Assets 2020: $349,239Liabilities 2020: $28,280Net Assets 2020: $320,9592020Assets 2021: $461,487Liabilities 2021: $16,464Net Assets 2021: $445,0232021Assets 2022: $1,054,114Liabilities 2022: $685,060Net Assets 2022: $369,0542022Assets 2023: $1,080,326Liabilities 2023: $679,632Net Assets 2023: $400,6942023

Highlighted filing

2016

Assets$164,172
Liabilities$47,608
Net Assets$116,564

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $339,803Expenses 2013: $168,434Net Income 2013: $171,3692013Revenue 2014: $836,009Expenses 2014: $744,475Net Income 2014: $91,5342014Revenue 2015: $905,893Expenses 2015: $857,262Net Income 2015: $48,6312015Revenue 2016: $748,137Expenses 2016: $968,714Net Income 2016: -$220,5772016Revenue 2017: $753,657Expenses 2017: $742,148Net Income 2017: $11,5092017Revenue 2018: $748,546Expenses 2018: $759,527Net Income 2018: -$10,9812018Revenue 2019: $651,155Expenses 2019: $622,950Net Income 2019: $28,2052019Revenue 2020: $696,408Expenses 2020: $571,213Net Income 2020: $125,1952020Revenue 2021: $824,175Expenses 2021: $700,111Net Income 2021: $124,0642021Revenue 2022: $552,762Expenses 2022: $628,731Net Income 2022: -$75,9692022Revenue 2023: $636,856Expenses 2023: $605,216Net Income 2023: $31,6402023

Highlighted filing

2016

Revenue$748,137
Expenses$968,714
Net Income-$220,577
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 29, 2017
Return Version
2016v3.0
Gross Receipts
$748,137
Mission and Program Overview

Mission

Isaiah 58, inc. Seeks to bring hope and foster spiritual, physical, emotional, financial and mental health to the poor, disenfranchised, underemployed, homeless and needy in the greater nashville metropolitan area by providing outreach, meaningful employment opportunities, transitional living, and emotional, physical and spiritual support to the needy children, men and women in isaiah 58's community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$81,325$68,071▼ $13,254
Cash and Non-Interest-Bearing Accounts$177,696$55,948▼ $121,748
Accounts Receivable$83,760$33,651▼ $50,109
Receivables From Officers Etc$9,906$6,502▼ $3,404
Total Assets$352,687$164,172▼ $188,515
Liabilities
Accounts Payable and Accrued Expenses$13,009$40,971▲ $27,962
Other Liabilities$1,530$6,637▲ $5,107
Total Liabilities$14,539$47,608▲ $33,069
Net Assets / Fund Balance
Unrestricted Net Assets$338,148$116,564▼ $221,584
Total Net Assets Fund Balance$338,148$116,564▼ $221,584
Total Liabilities and Net Assets / Fund Balance$352,687$164,172▼ $188,515

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$68,071$76,484$144,555
Compensation and Service Providers

Board Members and Trustees

NameTitle
William F RuffPresident
George RedaudinBoard Member
David T HooperSecretary
James R Humphreys JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$140,051
Program Service Revenue
$598,541
Investment Income
$0
Other Revenue
$9,545
All Other Contributions
$140,051
Change in Net Assets
$-220,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$748,137
Revenue Not Reported on Form 990
$36,000
Total Revenue per Audited Statements
$784,137
Total Revenue per Form 990
$748,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$586,256
Salaries, Compensation, and Employee Benefits$382,458
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$401,332$9,814-$411,146
Other Salaries and Wages$367,728$14,730-$382,458
Fees for Services Other$33,236$24,715-$57,951
Occupancy$34,023--$34,023
Other Expenses$31,768--$31,768
Depreciation Depletion$27,871--$27,871
Advertising-$13,585-$13,585
Insurance$9,912--$9,912
Total Functional Expenses$905,870$62,844$0$968,714

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,004,714
Expenses per Audited Statements$968,714
Total Expenses per Form 990$968,714
Expenses Not Reported on Form 990$36,000
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 Officers, Directors, Trustees, and Key Employees$9,906$6,502▼ $3,404
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Transitional Living Paymts Withheld$6,637
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

The treasurer will review the tax return and allow time for other members of the board to ask questions from their review prior to filing with the irs.

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

An interested person has a duty to disclose potential conflicts of interest. These will be discussed among the remaining board members for determination of the true existence of a conflict of interest. The board will determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person that would not give rise to a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Compensation is determined at the independent board member's discretion, by vote.

Form 990, Page 6, Part VI, Line 15B

Compensation is determined at the independent board member's discretion, by vote.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Isaiah 58 Inc
EIN
45-5430718
Phone
6156685800
Address
921 CHEROKEE AVENUE, NASHVILLE, TN 37210

Signing Officer

Name
William F Ruff
Title
President
Phone
6156685800
Signed
2017-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William F Ruff
Formed
2012
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
2
Employees
30
Volunteers
50

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Abigail L Campbell CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Isaiah 58, inc. Seeks to bring hope and foster spiritual, physical, emotional, financial and mental health to the poor, disenfranchised, underemployed, homeless and needy in the greater nashville metropolitan area by providing outreach, meaningful employment opportunities, transitional living, and emotional, physical and spiritual support to the needy children, men and women in isaiah 58's community.

Form 990, Page 2, Part III, Line 4D

Outreach-includes developing relationships by providing meals and support to a variety of target groups in a mobile environment.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a not-for-profit corporation exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service (irs) as other than a private foundation. Accounting principles generally accepted in the united states of america require the organizations management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The organizations management has analyzed the tax positions taken by the organization and has concluded that as of december 31, 2016 no uncertain positions are taken or are expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TRANSITIONAL LIVING PAYMTS WITHHELD
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN A PRIVATE FOUNDATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATIONS MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE ORGANIZATIONS MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016 NO UNCERTAIN POSITIONS ARE TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ACCOUNTS RECEIVABLE FOR WORK DONE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WILLIAM RUFF
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ISAIAH 58, INC. SEEKS TO BRING HOPE AND FOSTER SPIRITUAL, PHYSICAL, EMOTIONAL, FINANCIAL AND MENTAL HEALTH TO THE POOR, DISENFRANCHISED, UNDEREMPLOYED, HOMELESS AND NEEDY IN THE GREATER NASHVILLE METROPOLITAN AREA BY PROVIDING OUTREACH, MEANINGFUL EMPLOYMENT OPPORTUNITIES, TRANSITIONAL LIVING, AND EMOTIONAL, PHYSICAL AND SPIRITUAL SUPPORT TO THE NEEDY CHILDREN, MEN AND WOMEN IN ISAIAH 58'S COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUTREACH-INCLUDES DEVELOPING RELATIONSHIPS BY PROVIDING MEALS AND SUPPORT TO A VARIETY OF TARGET GROUPS IN A MOBILE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER WILL REVIEW THE TAX RETURN AND ALLOW TIME FOR OTHER MEMBERS OF THE BOARD TO ASK QUESTIONS FROM THEIR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN INTERESTED PERSON HAS A DUTY TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THESE WILL BE DISCUSSED AMONG THE REMAINING BOARD MEMBERS FOR DETERMINATION OF THE TRUE EXISTENCE OF A CONFLICT OF INTEREST. THE BOARD WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS DETERMINED AT THE INDEPENDENT BOARD MEMBER'S DISCRETION, BY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS DETERMINED AT THE INDEPENDENT BOARD MEMBER'S DISCRETION, BY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM F RUFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-29
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLANKENSHIP CPA GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 WARD CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
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ReturnHeader/PreparerPersonGrp/PhoneNum06153733771
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ABIGAIL L CAMPBELL CPA
ReturnHeader/ReturnTs02017-11-14T12:02:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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