Civic Intelligence

Grace Guest House Inc.

990 • Fiscal year 2017 • EIN 46-4780314

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 18, 2018

2315 Seneca StreetBuffalo, NY 14210

(716) 829-7240

Siviq Scores

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

Liabilities / Assets

89th percentile

0.66x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • NTEE E • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

1.45x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • NTEE E • $500k-$1M nonprofits • Source year 2017

Net Margin

94th percentile

56%

Higher net margin than 94% of similar nonprofits.

2017 filings • NTEE E • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2017 filings • NTEE E • $500k-$1M nonprofits • Source year 2017

Asset Growth

83rd percentile

36%

Faster asset growth than 83% of similar nonprofits.

2017 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

420%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$643,031

Up $170,713 (+36%) from 2016

Net Assets

Up

$221,657

Up $164,200 (+286%) from 2016

Liabilities

Up

$421,374

Up $6,513 (+1.6%) from 2016

Revenue

Up

$291,071

Up $235,085 (+420%) from 2016

Expenses

Up

$126,871

Up $99,937 (+371%) from 2016

Net Income

Up

$164,200

Up $135,148 (+465%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $108,357Liabilities 2015: $81,861Net Assets 2015: $26,4962015Assets 2016: $472,318Liabilities 2016: $414,861Net Assets 2016: $57,4572016Assets 2017: $643,031Liabilities 2017: $421,374Net Assets 2017: $221,6572017Assets 2018: $626,020Liabilities 2018: $342,407Net Assets 2018: $283,6132018Assets 2019: $605,125Liabilities 2019: $420,925Net Assets 2019: $184,2002019Assets 2020: $710,333Liabilities 2020: $518,142Net Assets 2020: $192,1912020Assets 2021: $661,885Liabilities 2021: $480,041Net Assets 2021: $181,8442021Assets 2022: $653,434Liabilities 2022: $511,701Net Assets 2022: $141,7332022Assets 2023: $594,722Liabilities 2023: $472,430Net Assets 2023: $122,2922023Assets 2024: $519,027Liabilities 2024: $499,486Net Assets 2024: $19,5412024Assets 2025: $519,616Liabilities 2025: $485,473Net Assets 2025: $34,1432025

Highlighted filing

2017

Assets$643,031
Liabilities$421,374
Net Assets$221,657

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $40,384Expenses 2015: $15,298Net Income 2015: $25,0862015Revenue 2016: $55,986Expenses 2016: $26,934Net Income 2016: $29,0522016Revenue 2017: $291,071Expenses 2017: $126,871Net Income 2017: $164,2002017Revenue 2018: $352,094Expenses 2018: $290,138Net Income 2018: $61,9562018Revenue 2019: $208,346Expenses 2019: $307,759Net Income 2019: -$99,4132019Revenue 2020: $235,431Expenses 2020: $227,440Net Income 2020: $7,9912020Revenue 2021: $316,161Expenses 2021: $326,508Net Income 2021: -$10,3472021Revenue 2022: $256,827Expenses 2022: $296,938Net Income 2022: -$40,1112022Revenue 2023: $277,237Expenses 2023: $296,678Net Income 2023: -$19,4412023Revenue 2024: $227,593Expenses 2024: $330,344Net Income 2024: -$102,7512024Revenue 2025: $391,538Expenses 2025: $376,936Net Income 2025: $14,6022025

Highlighted filing

2017

Revenue$291,071
Expenses$126,871
Net Income$164,200
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 18, 2018
Return Version
2017v2.3
Gross Receipts
$302,403
Mission and Program Overview

Mission

Grace guest house supports patients and their families by providing a haven and place of respite when receiving care at regional healthcare facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$424,264$508,099▲ $83,835
Pledges and Grants Receivable-$82,433-
Loans From Officers Directors$81,861$81,861→ $0
Savings and Temporary Cash Investments$47,242$51,849▲ $4,607
Intangible Assets$812$650▼ $162
Total Assets$472,318$643,031▲ $170,713
Liabilities
Other Liabilities$333,000$333,000→ $0
Accounts Payable and Accrued Expenses-$6,513-
Total Liabilities$414,861$421,374▲ $6,513
Net Assets / Fund Balance
Unrestricted Net Assets$57,457$139,224▲ $81,767
Temporarily Rstr Net Assets-$82,433-
Total Net Assets Fund Balance$57,457$221,657▲ $164,200
Total Liabilities and Net Assets / Fund Balance$472,318$643,031▲ $170,713

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$442,633$13,885$456,518
Land$42,426-$42,426
Equipment$23,040$2,394$25,434
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$232,221
Program Service Revenue
$940
Investment Income
$0
Other Revenue
$57,910
All Other Contributions
$212,221
Change in Net Assets
$164,200

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
Other Non Cash Contri Table1$36,423
Cars and Other Vehicles1$21,000
Total Noncash Contributions2$57,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,871
Total Fundraising Expense$10,201
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$41,690-$8,750$50,440
Depreciation Depletion$16,441--$16,441
Interest$15,202--$15,202
Occupancy$14,568--$14,568
Insurance$10,229$1,432-$11,661
Fees for Services Other$6,490--$6,490
Office Expenses$2,711$3,694-$6,405
Information Technology$1,119$1,119-$2,238
Fees for Services Accounting-$1,975-$1,975
Advertising--$1,451$1,451
Total Functional Expenses$108,450$8,220$10,201$126,871
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,242
Fundraising Direct Expenses$11,332
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Light of Grace$89,242$69,242$11,332$57,910
Total Events$89,242$69,242$11,332$57,910
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$81,861$81,861→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Payable$333,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Draft form 990 provided to governing board for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 19

BY REQUEST

Filing and Contact Details

Filer

Filer Name
Grace Guest House Inc
EIN
46-4780314
Phone
7168297240
Address
2315 SENECA STREET, BUFFALO, NY 14210

Signing Officer

Name
Cynthia M Battista
Title
President
Phone
7165072268
Signed
2018-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia M Battista
Formed
2014
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
5

Preparer

Firm
Smolen Bonghi Fleischmann CPA Llp
Address
2425 SWEET HOME ROAD, AMHERST, NY 14228
Preparer
Christopher J Bonghi CPA
Phone
7163892900
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 1

The organization changed its method of accounting in 2017 from the cash basis to the accrual basis.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization recognizes the financial statement effects of tax positions taken or expected to be taken when it is more-likely-than-not, based on the technical merits, that the tax position will be sustained upon examination by tax authorities. At december 31, 2017, management determined the organization had no uncertain tax positions which would require adjustment to or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions, however, there are currently no audits in progress. The organization is no longer subject to tax examinations for years prior to 2015.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT EFFECTS OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN IT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AT DECEMBER 31, 2017, MANAGEMENT DETERMINED THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0508099
IRS990ScheduleD/TotalLiabilityAmt0333000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt020000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt020000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011332
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LIGHT OF GRACE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt089242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt069242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069242
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt057910
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011332
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011332
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt081861
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE OF BUILDING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt081861
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0INTEREST FREE LOAN PAYABLE - OFFICE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt081861
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt021000
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LAND IMPROV.
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt036423
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT FORM 990 PROVIDED TO GOVERNING BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING IN 2017 FROM THE CASH BASIS TO THE ACCRUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 12, PART XII, LINE 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt082433
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0472318
IRS990/TotalAssetsEOYAmt0643031
IRS990/TotalAssetsGrp/BOYAmt0472318
IRS990/TotalAssetsGrp/EOYAmt0643031
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0232221
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010201
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108450
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126871
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0414861
IRS990/TotalLiabilitiesEOYAmt0421374
IRS990/TotalLiabilitiesGrp/BOYAmt0414861
IRS990/TotalLiabilitiesGrp/EOYAmt0421374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt057457
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0221657
IRS990/TotalProgramServiceExpensesAmt0108450
IRS990/TotalProgramServiceRevenueAmt0940
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0940
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0291071
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0472318
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0643031
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt057457
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0139224
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02315 SENECA STREET
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014210
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.GRACEGUESTHOUSE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CYNTHIA M BATTISTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07165072268
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE GUEST HOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0464780314
ReturnHeader/Filer/PhoneNum07168297240
ReturnHeader/Filer/USAddress/AddressLine1Txt02315 SENECA STREET
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014210
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId018D5ABC642A3FD3124A2997F9E50891A15B58602
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId018D5ABC642A3FD3124A2997F9E50891A15B58602
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.186.159.50
ReturnHeader/FilingSecurityInformation/IPDt02018-09-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:04:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472554597
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMOLEN BONGHI FLEISCHMANN CPA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02425 SWEET HOME ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMHERST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014228
ReturnHeader/PreparerPersonGrp/PhoneNum07163892900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J BONGHI CPA
ReturnHeader/ReturnTs02018-09-18T16:04:37-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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