Civic Intelligence

Graceful Solutions for Aging

990 • Fiscal year 2020 • EIN 45-5611737

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 11, 2020

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

93rd percentile

0.98x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

6.57x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

91st percentile

116%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-80%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$798,228

Up $428,942 (+116%) from 2019

Net Assets

Down

$15,144

Down $21,778 (-59%) from 2019

Liabilities

Up

$783,084

Up $450,720 (+136%) from 2019

Revenue

Down

$119,111

Down $478,844 (-80%) from 2019

Expenses

Down

$140,889

Down $524,313 (-79%) from 2019

Net Income

Up

-$21,778

Up $45,469 (+68%) from 2019

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

2020

Assets$798,228
Liabilities$783,084
Net Assets$15,144

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

2020

Revenue$119,111
Expenses$140,889
Net Income-$21,778
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 11, 2020
Return Version
2019v5.0
Gross Receipts
$121,595
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
Land, Buildings, and Equipment, Net-$346,389-
Loans From Officers Directors$117,708$162,208▲ $44,500
Inventories for Sale or Use$79,282$98,992▲ $19,710
Intangible Assets-$3,894-
Cash and Non-Interest-Bearing Accounts$6,902$1,691▼ $5,211
Total Assets$369,286$798,228▲ $428,942
Other Assets Total$283,102$347,262▲ $64,160
Liabilities
Mortgage Notes Payable Secured by Investment Property$198,363$588,163▲ $389,800
Accounts Payable and Accrued Expenses$11,293$32,713▲ $21,420
Other Liabilities$5,000--
Total Liabilities$332,364$783,084▲ $450,720
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$36,922$15,144▼ $21,778
Total Net Assets Fund Balance$36,922$15,144▼ $21,778
Total Liabilities and Net Assets / Fund Balance$369,286$798,228▲ $428,942

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$318,155$886$319,041
Land$28,234-$28,234
Other Assets Org$2,100--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rex WareChairman
Bill WilsonPresident
Eric JohnsonDirector
Lauri HunterDirector
Rhett BoudreauxDirector
Steve DowneyDirector
Leslie WarrenSecretary/vi
Rob IppoloitoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,925
Program Service Revenue
$49,475
Investment Income
$12,850
Other Revenue
$-139
All Other Contributions
$56,925
Change in Net Assets
$-21,778

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 Amount
Real Estate Other2$34,000
Other Non Cash Contri Table1$19,710
Total Noncash Contributions3$53,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,367
Salaries, Compensation, and Employee Benefits$27,522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$13,317$13,318-$26,635
Other Salaries and Wages$25,090--$25,090
Interest$11,218--$11,218
Fees for Services Accounting-$7,800-$7,800
Insurance$3,356$3,356-$6,712
Fees for Services Legal$4,574--$4,574
Fees for Services Other$2,500$1,253-$3,753
Office Expenses$857$2,380-$3,237
Payroll Taxes$1,216$1,216-$2,432
Information Technology$964$964-$1,928
Other Expenses$257$258-$515
Travel$20--$20
Total Functional Expenses$109,687$31,202$0$140,889
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
Loans from Officers, Directors, Trustees, and Key Employees$117,708$162,208▲ $44,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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 15B

Officers and directors presently serve as volunteers without compensation.

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
2020-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Wilson
Formed
2012
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
5

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 fiscal year ended 06/30/2020.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1HOMES PURCH. FOR RENOV./SALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2VENDOR DEPOSITS
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BILL WILSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE FISCAL YEAR ENDED 06/30/2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT AND THE TREASURER PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS PRESENTLY SERVE AS VOLUNTEERS WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING 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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0GRACEFUL
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0SOLUTIONS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GRACEFUL SOLUTIONS COMM DEV LLC
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IRS990/WebsiteAddressTxt0WWW.GRACEFUL-SOLUTIONS4AGING.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03013670143
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACEFUL SOLUTIONS INC

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