Civic Intelligence

The Elders House Inc

EIN 46-2691152 • 501(c)3 • Chesapeake, VA

Profile

To prevent juvenile delinquency for youth by assisting them to remain focused in life and providing opportunities and tools for them to be successful and productive.

215 Las Gaviotas BlvdChesapeake, VA 23322

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-458%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-30%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,636,020

Up $349,094 (+27%) from 2017

Liabilities

Up

$491,219

Up $192,251 (+64%) from 2017

Net Assets

Up

$1,144,801

Up $156,843 (+16%) from 2017

Revenue

Down

$333,130

Down $10,556 (-3.1%) from 2017

Expenses

Up

$372,706

Up $227,707 (+157%) from 2017

Net Income

Down

-$39,576

Down $238,263 (-120%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2014: $425,729Liabilities 2014: $0Net Assets 2014: $425,7292014Assets 2015: $587,219Liabilities 2015: $0Net Assets 2015: $587,2192015Assets 2016: $789,270Liabilities 2016: $0Net Assets 2016: $789,2702016Assets 2017: $1,286,926Liabilities 2017: $298,968Net Assets 2017: $987,9582017Assets 2019: $1,636,020Liabilities 2019: $491,219Net Assets 2019: $1,144,8012019

Highlighted filing

2019

Assets$1,636,020
Liabilities$491,219
Net Assets$1,144,801

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $416,356Expenses 2014: $73,516Net Income 2014: $342,8402014Revenue 2015: $194,925Expenses 2015: $33,435Net Income 2015: $161,4902015Revenue 2016: $343,804Expenses 2016: $141,753Net Income 2016: $202,0512016Revenue 2017: $343,686Expenses 2017: $144,999Net Income 2017: $198,6872017Revenue 2019: $333,130Expenses 2019: $372,706Net Income 2019: -$39,5762019

Highlighted filing

2019

Revenue$333,130
Expenses$372,706
Net Income-$39,576

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 12, 2020
Return Version
2019v5.1
Gross Receipts
$333,130
Mission and Program Overview

Mission

To prevent juvenile delinquency for youth by assisting them to remain focused in life and providing opportunities and tools for them to be successful and productive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,090,182$1,065,746▼ $24,436
Cash and Non-Interest-Bearing Accounts$517,498$466,476▼ $51,022
Investments in Publicly Traded Securities-$46,594-
Accounts Receivable-$751-
Total Assets$1,679,661$1,636,020▼ $43,641
Other Assets Total$71,981$56,453▼ $15,528
Liabilities
Mortgage Notes Payable Secured by Investment Property$495,284$491,219▼ $4,065
Total Liabilities$495,284$491,219▼ $4,065
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,184,377$1,144,801▼ $39,576
Total Net Assets Fund Balance$1,184,377$1,144,801▼ $39,576
Total Liabilities and Net Assets / Fund Balance$1,679,661$1,636,020▼ $43,641

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,021,166$46,689$1,067,855
Leasehold Improvements$44,580$1,054$45,634
Other Assets Org$51,837--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Valerie BrownDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$334,064
Program Service Revenue
$0
Investment Income
$-934
Other Revenue
$0
All Other Contributions
$145,553
Change in Net Assets
$-39,576

Audited Revenue Reconciliation

Revenue per Audited Statements
$333,130
Total Revenue per Audited Statements
$333,130
Total Revenue per Form 990
$333,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$215,587
Other Expenses$157,119
Total Fundraising Expense$3,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$215,587-$215,587
All Other Expenses-$37,024-$37,024
Depreciation Depletion$33,815--$33,815
Fees for Services Accounting-$32,172-$32,172
Interest$27,815--$27,815
Office Expenses-$11,243-$11,243
Insurance$9,203--$9,203
Other Expenses$636-$3,411$3,411
Advertising-$1,300-$1,300
Conferences and Meetings$500--$500
Total Functional Expenses$71,969$297,326$3,411$372,706

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$372,706
Total Expenses per Audited Statements$372,706
Total Expenses per Form 990$372,706
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Room Naming$74,823$74,823-$74,823
Bowl a thon$49,360$49,360-$49,360
Total Events$124,183$124,183-$124,183
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
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Governing Body reviewed the 990 before it was filed.

Governing documents etc available to public Part VI line 19

Other information and documentation is made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Elders House Inc
EIN
46-2691152
Address
215 LAS GAVIOTAS BLVD, Chesapeake, VA 23322

Signing Officer

Name
Valerie Brown
Title
Director
Phone
7575473388
Signed
2020-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Brown
Formed
2013
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
B Watson and Company
Address
934 GLENWOOD AVE SUITE 130, Atlanta, GA 30316
Preparer
Barren L Watson
Phone
4046224200
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding

List of other expenses Part IX line 24E

Other Administrative Expenses - $37,024

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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Valerie Brown
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07575473388
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ELDERS HOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0ELDE
ReturnHeader/Filer/EIN0462691152
ReturnHeader/Filer/USAddress/AddressLine1Txt0215 LAS GAVIOTAS BLVD
ReturnHeader/Filer/USAddress/CityNm0Chesapeake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023322
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId046321B50A7B66CE70554C29D974F3E91AF7FB25F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId046321B50A7B66CE70554C29D974F3E91AF7FB25F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05896302020288oy5crxc
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-10-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.79.238.174
ReturnHeader/FilingSecurityInformation/IPDt02020-10-14
ReturnHeader/FilingSecurityInformation/IPTm011:15:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800002522
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B WATSON AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0934 GLENWOOD AVE SUITE 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Atlanta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030316
ReturnHeader/PreparerPersonGrp/PhoneNum04046224200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barren L Watson
ReturnHeader/ReturnTs02020-10-14T11:03:17-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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