Civic Intelligence

Graceful Solutions for Aging

990 • Fiscal year 2018 • EIN 45-5611737

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 04, 2019

1816 Old Fort DriveTallahassee, FL 32301

(301) 367-0143

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.87x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

3.25x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

29th percentile

-4.6%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

95th percentile

140%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

1302%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$794,575

Up $463,276 (+140%) from 2017

Net Assets

Down

$104,169

Down $9,841 (-8.6%) from 2017

Liabilities

Up

$690,406

Up $473,117 (+218%) from 2017

Revenue

Up

$212,579

Up $197,417 (+1302%) from 2017

Expenses

Up

$222,420

Up $183,086 (+465%) from 2017

Net Income

Up

-$9,841

Up $14,331 (+59%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2016: $275,637Liabilities 2016: $137,455Net Assets 2016: $138,1822016Assets 2017: $331,299Liabilities 2017: $217,289Net Assets 2017: $114,0102017Assets 2018: $794,575Liabilities 2018: $690,406Net Assets 2018: $104,1692018Assets 2019: $369,286Liabilities 2019: $332,364Net Assets 2019: $36,9222019Assets 2020: $798,228Liabilities 2020: $783,084Net Assets 2020: $15,1442020Assets 2021: $751,554Liabilities 2021: $829,006Net Assets 2021: -$77,4522021Assets 2022: $1,189,059Liabilities 2022: $1,373,713Net Assets 2022: -$184,6542022

Highlighted filing

2018

Assets$794,575
Liabilities$690,406
Net Assets$104,169

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $145,058Expenses 2016: $7,276Net Income 2016: $137,7822016Revenue 2017: $15,162Expenses 2017: $39,334Net Income 2017: -$24,1722017Revenue 2018: $212,579Expenses 2018: $222,420Net Income 2018: -$9,8412018Revenue 2019: $597,955Expenses 2019: $665,202Net Income 2019: -$67,2472019Revenue 2020: $119,111Expenses 2020: $140,889Net Income 2020: -$21,7782020Revenue 2021: $26,743Expenses 2021: $119,339Net Income 2021: -$92,5962021Revenue 2022: $440,940Expenses 2022: $548,142Net Income 2022: -$107,2022022

Highlighted filing

2018

Revenue$212,579
Expenses$222,420
Net Income-$9,841
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 4, 2019
Return Version
2017v2.3
Gross Receipts
$212,579
Mission and Program Overview

Mission

To promote cooperation among social welfare and educational institutions, agencies and other interested persons to provide safe, affordable living environments for seniors, veterans and people with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,515$43,284▲ $37,769
Savings and Temporary Cash Investments$27,248--
Inventories for Sale or Use-$26,408-
Prepaid Expenses and Deferred Charges$10,560$535▼ $10,025
Total Assets$331,299$794,575▲ $463,276
Other Assets Total$287,976$724,348▲ $436,372
Liabilities
Mortgage Notes Payable Secured by Investment Property$211,600$604,752▲ $393,152
Unsecured Notes Loans Payable$3,081$77,138▲ $74,057
Accounts Payable and Accrued Expenses$2,608$8,516▲ $5,908
Total Liabilities$217,289$690,406▲ $473,117
Net Assets / Fund Balance
Unrestricted Net Assets$114,010$104,169▼ $9,841
Total Net Assets Fund Balance$114,010$104,169▼ $9,841
Total Liabilities and Net Assets / Fund Balance$331,299$794,575▲ $463,276

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$75,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rex WareChairman
Bill WilsonPresident
Leslie WarrenVice Chair
Eric JohnsonDirector
Lauri HunterDirector
Rhett BoudreauxDirector
Steve DowneyDirector
Mary Anne HoffmanSecretary
Rob IppoloitoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$125,856
Program Service Revenue
$86,685
Investment Income
$38
Other Revenue
$0
All Other Contributions
$125,856
Change in Net Assets
$-9,841

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$85,000Comparable Sales
Real Estate Residential1$26,665Comparable Sales
Total Noncash Contributions2$111,665-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,614
Salaries, Compensation, and Employee Benefits$33,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,230$15,230-$30,460
Occupancy$12,562$12,562-$25,124
Fees for Services Other$1,100$20,467-$21,567
Interest$13,882--$13,882
Fees for Services Accounting-$10,305-$10,305
Office Expenses$5,011$4,021-$9,032
Insurance$1,711$1,712-$3,423
Payroll Taxes$1,472$1,472-$2,944
Travel$2,941--$2,941
Information Technology$1,000$1,000-$2,000
All Other Expenses$463$699-$1,162
Advertising$1,026--$1,026
Other Expenses$3,850$423-$423
Other Employee Benefits$201$201-$402
Fees for Services Legal$348--$348
Total Functional Expenses$154,328$68,092$0$222,420
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

Form 990 is reviewed by the president and the treasurer prior to its filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Graceful Solutions Inc
EIN
45-5611737
Phone
3013670143
Address
1816 OLD FORT DRIVE, TALLAHASSEE, FL 32301

Signing Officer

Name
Bill Wilson
Title
President
Phone
3013670143
Signed
2019-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Wilson
Formed
2012
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Harvard & Associates CPA Pa
Address
1408 N PIEDMONT WAY, TALLAHASSEE, FL 32308
Preparer
Steven B Liedy CPA
Phone
8502249008
Supplemental Narrative

Additional Explanations

Form 990, Page 5, Part V, Line 3B

The organization did not have any unrelated business income during the year ended 06/30/2018.

Raw XML Appendix395 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEAR ENDED 06/30/2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT AND THE TREASURER PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GRACEFUL SOLUTIONS COMM DEV LLC
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/WebsiteAddressTxt0WWW.GRACEFUL-SOLUTIONS4AGING.COM
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03013670143
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACEFUL SOLUTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
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ReturnHeader/Filer/PhoneNum03013670143
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-01-22
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ReturnHeader/FilingSecurityInformation/IPTm008:03:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261453821
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARVARD & ASSOCIATES CPA PA
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ReturnHeader/PreparerPersonGrp/PhoneNum08502249008
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN B LIEDY CPA
ReturnHeader/ReturnTs02019-01-22T08:03:41-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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