Civic Intelligence

Vashon Community Care Foundation

990 • Fiscal year 2017 • EIN 46-3368230

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 11, 2018

915 118th Avenue SE No 110Bellevue, WA 98005

(425) 555-6301

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.10x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

62nd percentile

8.4%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$68,269

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

3rd percentile

-43%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$98,137

Down $73,596 (-43%) from 2016

Net Assets

Down

$88,637

Down $83,096 (-48%) from 2016

Liabilities

Up

$9,500

Up $9,500 from 2016

Revenue

Up

$576,653

Up $96,565 (+20%) from 2016

Expenses

Up

$528,106

Up $77,142 (+17%) from 2016

Net Income

Up

$48,547

Up $19,423 (+67%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $105,995Liabilities 2014: $0Net Assets 2014: $105,9952014Assets 2015: $142,609Liabilities 2015: $0Net Assets 2015: $142,6092015Assets 2016: $171,733Liabilities 2016: $0Net Assets 2016: $171,7332016Assets 2017: $98,137Liabilities 2017: $9,500Net Assets 2017: $88,6372017Assets 2018: $259,141Liabilities 2018: $21,310Net Assets 2018: $237,8312018Assets 2019: $584,104Liabilities 2019: $74,582Net Assets 2019: $509,5222019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$98,137
Liabilities$9,500
Net Assets$88,637

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2014: $348,830Expenses 2014: $242,835Net Income 2014: $105,9952014Revenue 2015: $485,245Expenses 2015: $438,230Net Income 2015: $47,0152015Revenue 2016: $480,088Expenses 2016: $450,964Net Income 2016: $29,1242016Revenue 2017: $576,653Expenses 2017: $528,106Net Income 2017: $48,5472017Revenue 2018: $145,977Expenses 2018: $106,565Net Income 2018: $39,4122018Revenue 2019: $197,585Expenses 2019: $58,458Net Income 2019: $139,1272019Revenue 2020: $74,582Expenses 2020: $584,104Net Income 2020: -$509,5222020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2017

Revenue$576,653
Expenses$528,106
Net Income$48,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 11, 2018
Return Version
2017v2.3
Gross Receipts
$617,866
Mission and Program Overview

Mission

The foundations purpose is to enrich the aging process by providing services on vashon island in support of the mission of vashon island community care ("vcc"), a washington nonprofit corporation and charitable organization organized under section 501(c)(3) of the internal revenue code. The foundations purposes include, but are not limited to: develop a self-sustaining source of broad-based community funding for vashon island community care; assure transparency and accountability in raising and expending funds; develop a mutually supportive relationship between the corporation and vashon island community care; engage in any lawful activities in furtherance of the purposes set forth above.

Develop a self-sustaining source of broad-based community funding for vashon island community care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$54,152$54,817▲ $665
Cash and Non-Interest-Bearing Accounts$25,245$36,973▲ $11,728
Investments in Publicly Traded Securities$92,336$6,347▼ $85,989
Total Assets$171,733$98,137▼ $73,596
Liabilities
Accounts Payable and Accrued Expenses-$9,500-
Total Liabilities$0$9,500▲ $9,500
Net Assets / Fund Balance
Unrestricted Net Assets$28,528$83,290▲ $54,762
Permanently Rstr Net Assets$143,205$4,524▼ $138,681
Temporarily Rstr Net Assets-$823-
Total Net Assets Fund Balance$171,733$88,637▼ $83,096
Total Liabilities and Net Assets / Fund Balance$171,733$98,137▼ $73,596

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$92,336$25,778▼ $1,252$110,515$6,347
2016$65,785$25,457▲ $1,094-$92,336
2015$50,000$26,185▼ $10,400-$65,785
2014$0$50,000--$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Verna EverittExecutive DirectorFT$68,269$68,269

Board Members and Trustees

NameTitle
Richard SontgerathPresident
Wendy NobleVice President
Bettie EdwardsDirector
George WrightDirector
Glynis DelargyDirector
Jill RobinsonDirector
Vicki ClabaughDirector
Rev Randolph FarrarSecretary
Janet QuimbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$493,517
Program Service Revenue
$0
Investment Income
$668
Other Revenue
$82,468
All Other Contributions
$434,787
Change in Net Assets
$48,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$388,500
Salaries, Compensation, and Employee Benefits$113,836
Other Expenses$25,770
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$388,500--$388,500
Current Officers, Directors, Trustees, and Key Employees-$68,269-$68,269
Payroll Taxes-$18,866-$18,866
Other Salaries and Wages-$16,569-$16,569
Fees for Services Other-$11,499-$11,499
Other Employee Benefits-$10,132-$10,132
Office Expenses-$8,406-$8,406
Advertising-$4,888-$4,888
Insurance-$867-$867
Other Expenses-$100-$100
Fees for Service Investment Mgmnt Fees-$10-$10
Total Functional Expenses$388,500$139,606$0$528,106
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vashon Island Community CareBellevue, WA501(c)(3)General Operating Support$388,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$123,681
Fundraising Direct Expenses$41,213
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Labor of Love$126,406$119,856$28,135$91,721
Uncork the Love$40,450$3,825$10,463$-6,638
Total Events$182,411$123,681$41,213$82,468
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
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 organization provided its board with copies of the form 990 to review before filing.

Form 990, Part VI, Section B, Line 15

As of december 2017, all employee compensation is reviewed by the board of presbyterian retirement communities northwest.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vashon Community Care Foundation
EIN
46-3368230
Phone
4255556301
Address
915 118TH AVENUE SE NO 110, BELLEVUE, WA 98005

Signing Officer

Name
Torsten Hirche
Title
President & CEO
Phone
4255556301
Signed
2018-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Torsten Hirche
Formed
2013
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
51

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Kurt Bennion CPA
Phone
4252506100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Endowment funds are a permanent resource sustaining vashon island community care's operations from the endowment's annual return on assets.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01328
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0211
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02207
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0123681
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt079049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt024853
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06542
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0234125
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01656242
IRS990ScheduleA/SubstantialContributorsTotAmt0109880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0493517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0434635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0480441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0357529
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01766122
IRS990ScheduleA/TotalSupportAmt02002454
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt092336
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt025778
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06347
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1252
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0110515
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt065785
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt025457
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt092336
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01094
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt050000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt026185
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt065785
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt050000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS ARE A PERMANENT RESOURCE SUSTAINING VASHON ISLAND COMMUNITY CARE'S OPERATIONS FROM THE ENDOWMENT'S ANNUAL RETURN ON ASSETS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt058730
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt06550
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt036625
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt015555
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt041213
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LABOR OF LOVE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0UNCORK THE LOVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0126406
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt040450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt015555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0182411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0119856
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0123681
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt082468
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02615
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt041213
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028135
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010463
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0388500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VASHON ISLAND COMMUNITY CARE
IRS990ScheduleI/RecipientTable/RecipientEIN0911703092
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0915 118TH AVENUE SE 110
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BELLEVUE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098005
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS TO RELATED ORGANIZATIONS ARE MONITORED THROUGH DISCUSSION AND OBSERVATION WITH THE GRANTEE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDED ITS BOARD WITH COPIES OF THE FORM 990 TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS OF DECEMBER 2017, ALL EMPLOYEE COMPENSATION IS REVIEWED BY THE BOARD OF PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VASHON ISLAND COMMUNITY CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0911703092
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SENIOR LIVING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0915 118TH AVENUE SE SUITE 110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BELLEVUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0823
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0171733
IRS990/TotalAssetsEOYAmt098137
IRS990/TotalAssetsGrp/BOYAmt0171733
IRS990/TotalAssetsGrp/EOYAmt098137
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0493517
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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