Civic Intelligence

Innovations in Aging Collaborative

990 • Fiscal year 2017 • EIN 46-0968566

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 20, 2018

1625 S Murray BlvdColorado Springs, CO 80916

(719) 602-3815

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$63,128

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

92nd percentile

119%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

50%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$233,391

Up $126,820 (+119%) from 2016

Net Assets

Up

$228,010

Up $126,684 (+125%) from 2016

Liabilities

Up

$5,381

Up $136 (+2.6%) from 2016

Revenue

Up

$258,587

Up $86,228 (+50%) from 2016

Expenses

Down

$134,407

Down $6,198 (-4.4%) from 2016

Net Income

Up

$124,180

Up $92,426 (+291%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $124,223Liabilities 2015: $54,651Net Assets 2015: $69,5722015Assets 2016: $106,571Liabilities 2016: $5,245Net Assets 2016: $101,3262016Assets 2017: $233,391Liabilities 2017: $5,381Net Assets 2017: $228,0102017Assets 2018: $202,104Liabilities 2018: $7,245Net Assets 2018: $194,8592018Assets 2019: $178,977Liabilities 2019: $5,525Net Assets 2019: $173,4522019Assets 2020: $237,525Liabilities 2020: $35,995Net Assets 2020: $201,5302020Assets 2021: $252,153Liabilities 2021: $37,588Net Assets 2021: $214,5652021Assets 2022: $303,096Liabilities 2022: $59,059Net Assets 2022: $244,0372022

Highlighted filing

2017

Assets$233,391
Liabilities$5,381
Net Assets$228,010

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $111,869Expenses 2015: $188,318Net Income 2015: -$76,4492015Revenue 2016: $172,359Expenses 2016: $140,605Net Income 2016: $31,7542016Revenue 2017: $258,587Expenses 2017: $134,407Net Income 2017: $124,1802017Revenue 2018: $122,020Expenses 2018: $155,171Net Income 2018: -$33,1512018Revenue 2019: $150,026Expenses 2019: $171,433Net Income 2019: -$21,4072019Revenue 2020: $167,433Expenses 2020: $139,355Net Income 2020: $28,0782020Revenue 2021: $210,383Expenses 2021: $197,348Net Income 2021: $13,0352021Revenue 2022: $230,397Expenses 2022: $207,598Net Income 2022: $22,7992022

Highlighted filing

2017

Revenue$258,587
Expenses$134,407
Net Income$124,180
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 20, 2018
Return Version
2017v2.3
Gross Receipts
$258,587
Mission and Program Overview

Mission

Convene the community to promote creative approaches that address the challenges and opportunities of aging.

Covene the community to promote creative approaches that address the challenges and opportunities of aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$100,299-
Pledges and Grants Receivable$4,600$75,000▲ $70,400
Cash and Non-Interest-Bearing Accounts$100,091$57,035▼ $43,056
Prepaid Expenses and Deferred Charges$1,280$1,057▼ $223
Total Assets$106,571$233,391▲ $126,820
Other Assets Total$600$0▼ $600
Liabilities
Accounts Payable and Accrued Expenses$5,245$5,381▲ $136
Total Liabilities$5,245$5,381▲ $136
Net Assets / Fund Balance
Temporarily Rstr Net Assets$27,261$120,405▲ $93,144
Unrestricted Net Assets$74,065$107,605▲ $33,540
Total Net Assets Fund Balance$101,326$228,010▲ $126,684
Total Liabilities and Net Assets / Fund Balance$106,571$233,391▲ $126,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire AndersonExecutive DirectorFT$61,000$2,128$63,128

Board Members and Trustees

NameTitle
Paula Pollet CsaChair
Barbara YalichPast Board President
Patricia EllisVice President
Bj ScottBoard Member
Cathy RobbinsBoard Member
Cleasther MarchmanBoard Member
David LordBoard Member
Jim BarryBoard Member
Jonathan LiebertBoard Member
Josh BaileyBoard Member
Ken JensonBoard Member
Martha BartonBoard Member
Sarah Steph CPABoard Member
Shawn RaintreeBoard Member
William Crouch MdBoard Member
Ann FetschSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$258,221
Program Service Revenue
$0
Investment Income
$366
Other Revenue
$0
All Other Contributions
$258,221
Change in Net Assets
$124,180

Audited Revenue Reconciliation

Revenue per Audited Statements
$258,587
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,970
Total Revenue per Audited Statements
$276,557
Total Revenue per Form 990
$258,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$107,947
Other Expenses$26,460
Total Fundraising Expense$4,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$54,290$6,944$1,894$63,128
Other Salaries and Wages$35,757$4,757$2,323$42,837
Occupancy$5,625$1,962-$7,587
Fees for Services Accounting$3,629$1,422$405$5,456
Insurance$2,188$2,808-$4,996
Other Employee Benefits$1,663$218$101$1,982
Conferences and Meetings$1,518$210-$1,728
All Other Expenses$541$396-$937
Other Expenses$39$569$25$608
Office Expenses$162$438-$600
Total Functional Expenses$108,248$21,411$4,748$134,407

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$152,377
Expenses per Audited Statements$134,407
Total Expenses per Form 990$134,407
Expenses Not Reported on Form 990$17,970
Expenses Not Reported on Financial Statements$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

The form 990 is presented at a meeting of the board of directors for approval prior to filing.

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

Board members are required to sign a conflict of interest policy upon commencement of term with board and are required to disclose in writing any future possible conflicts.

Form 990, Part VI, Section C, Line 19

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Innovations in Aging Collaborative
EIN
46-0968566
Phone
7196023815
Address
1625 S MURRAY BLVD, COLORADO SPRINGS, CO 80916

Signing Officer

Name
Claire Anderson
Title
Executive Director
Phone
7196023815
Signed
2018-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claire Anderson
Formed
2012
Legal Domicile
Co
Voting Board Members
17
Independent Board Members
16
Employees
5
Volunteers
25

Preparer

Firm
Osborne Parsons & Rosacker Llp
Address
601 NORTH NEVADA AVENUE, COLORADO SPRINGS, CO 80903
Preparer
Mitchell Downs CPA
Phone
7196362321
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization's information returns are subject to examination by taxing authorities for a period of three years from the date they are filed. As of december 31, 2017, the information returns for three prior years are considered open for internal revenue service examination.

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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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IRS990/Desc0AGE FRIENDLY - CREATE A STRATEGIC PLAN ON AGING FOR THE COMMUNITY. UNDER THIS INITIATIVE, THE ORGANIZATION CELEBRATED MANY ACCOMPLISHMENTS:-IIAC WORKED DILIGENTLY WITH COLORADO SPRINGS CITY COUNCIL TO CREATE THE COLORADO SPRINGS COMMISSION ON AGING, WHICH BECAME OFFICIAL IN SPRING OF 2017. THE CITY NOW HAS AN IMBEDDED ADVOCACY BODY THAT CAN MAKE RECOMMENDATIONS ON BEHALF OF THE AGING POPULATION TO CITY COUNCIL AND THE MAYOR. -IIAC, IN CONJUNCTION WITH THE YMCA AND AARP, CONDUCTED A WALK AUDIT TO DETERMINE THE WALKABILITY, BIKEABLILITY AND ACCESS TO IMPORTANT COMMUNITY HUBS IN THE AREA. IIAC HAS WORKED WITH OUR FORMAL PARTNERS TO IMPLEMENT MANY OF THE RECOMMENDATIONS OUTLINED IN THAT PLAN. -IIAC WORKED WITH NUMEROUS COMMUNITY PARTNERS TO ACHIEVE MANY OF THE GOALS IN THE AGE FRIENDLY PLAN, SUCH AS THE CREATION OF A HEAT MAP OF DENSITY OF SENIORS WITH DIFFERENT IMPORTANT COMMUNITY OVERLAYS, ENCOURAGED THE FURTHER DEVELOPMENT OF SENIOR CENTER PROGRAMMING AT YMCA LOCATIONS, WORKED WITH CITY OF COLORADO SPRINGS PARKS, RECREATION AND CULTURAL SERVICES DEPARTMENT TO ENSURE THE CONTINUING AGE FRIENDLY IMPROVEMENTS TO THE MOST AT-NEED PARKS, AND PERFORMED ADVOCACY AND OUTREACH TO INCREASE WALKABILITY AND BIKEABLILITY FOR ALL AGES AND AREAS, SPECIFICALLY IN THE AREAS WITH A HIGH CONCENTRATION OF OLDER ADULTS.
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IRS990/OccupancyGrp/ProgramServicesAmt05625
IRS990/OccupancyGrp/TotalAmt07587
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0438
IRS990/OfficeExpensesGrp/ProgramServicesAmt0162
IRS990/OfficeExpensesGrp/TotalAmt0600
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0600
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0101
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0218
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01663
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01982
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP AND BUSINESS
IRS990/OtherExpensesGrp/Desc1SPONSORSHIPS AND MARKET
IRS990/OtherExpensesGrp/Desc2IN KIND
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01587
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2569
IRS990/OtherExpensesGrp/ProgramServicesAmt0829
IRS990/OtherExpensesGrp/ProgramServicesAmt11217
IRS990/OtherExpensesGrp/ProgramServicesAmt2790
IRS990/OtherExpensesGrp/ProgramServicesAmt339
IRS990/OtherExpensesGrp/TotalAmt02441
IRS990/OtherExpensesGrp/TotalAmt11317
IRS990/OtherExpensesGrp/TotalAmt2790
IRS990/OtherExpensesGrp/TotalAmt3608
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02323
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04757
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035757
IRS990/OtherSalariesAndWagesGrp/TotalAmt042837
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt075000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01280
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01057
IRS990/PrincipalOfficerNm0CLAIRE ANDERSON
IRS990/PriorPeriodAdjustmentsAmt02504
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0157501
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt039099
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014808
IRS990/PYRevenuesLessExpensesAmt031754
IRS990/PYSalariesCompEmpBnftPaidAmt0101506
IRS990/PYTotalExpensesAmt0140605
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0172359
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0124180
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0258221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0157501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0111869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127451
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0221267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0876309
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0416
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014808
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69730
IRS990ScheduleA/PublicSupportTotal170Amt0611379
IRS990ScheduleA/SubstantialContributorsTotAmt0264930
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0258221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0157501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0111869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0221267
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0876309
IRS990ScheduleA/TotalSupportAmt0876725
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt017970
IRS990ScheduleD/DonatedServicesUseFcltsAmt017970
IRS990ScheduleD/ExpensesNotReportedAmt017970
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0134407
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt017970
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0258587
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF DECEMBER 31, 2017, THE INFORMATION RETURNS FOR THREE PRIOR YEARS ARE CONSIDERED OPEN FOR INTERNAL REVENUE SERVICE EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0134407
IRS990ScheduleD/TotalRevenuePerForm990Amt0258587
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0276557
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0152377
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED AT A MEETING OF THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY UPON COMMENCEMENT OF TERM WITH BOARD AND ARE REQUIRED TO DISCLOSE IN WRITING ANY FUTURE POSSIBLE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027261
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0120405
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0106571
IRS990/TotalAssetsEOYAmt0233391
IRS990/TotalAssetsGrp/BOYAmt0106571
IRS990/TotalAssetsGrp/EOYAmt0233391
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0258221
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04748
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021411
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108248
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134407
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05245
IRS990/TotalLiabilitiesEOYAmt05381
IRS990/TotalLiabilitiesGrp/BOYAmt05245
IRS990/TotalLiabilitiesGrp/EOYAmt05381
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0101326
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0228010
IRS990/TotalOtherCompensationAmt02128
IRS990/TotalProgramServiceExpensesAmt0108248
IRS990/TotalReportableCompFromOrgAmt061000
IRS990/TotalRevenueGrp/ExclusionAmt0366
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258587
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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