Civic Intelligence

Building Futures Inc.

990 • Fiscal year 2021 • EIN 47-0772471

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 15, 2021

900 East Norfolk AveNorfolk, NE 68701

(402) 370-3503

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.

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

Liabilities / Revenue

79th percentile

0.10x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

18th percentile

-23%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

34th percentile

-3.5%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

46th percentile

-0.1%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Down

$436,028

Down $15,807 (-3.5%) from 2020

Net Assets

Down

$428,448

Down $16,940 (-3.8%) from 2020

Liabilities

Up

$7,580

Up $1,133 (+18%) from 2020

Revenue

Down

$74,345

Down $103 (-0.1%) from 2020

Expenses

Up

$91,285

Up $1,630 (+1.8%) from 2020

Net Income

Down

-$16,940

Down $1,733 (-11%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $620,497Liabilities 2010: $4,393Net Assets 2010: $616,1042010Assets 2011: $606,916Liabilities 2011: $5,588Net Assets 2011: $601,3282011Assets 2012: $589,923Liabilities 2012: $4,351Net Assets 2012: $585,5722012Assets 2013: $576,624Liabilities 2013: $5,079Net Assets 2013: $571,5452013Assets 2014: $557,110Liabilities 2014: $5,197Net Assets 2014: $551,9132014Assets 2015: $583,700Liabilities 2015: $7,337Net Assets 2015: $576,3632015Assets 2016: $516,532Liabilities 2016: $5,705Net Assets 2016: $510,8272016Assets 2017: $501,916Liabilities 2017: $6,608Net Assets 2017: $495,3082017Assets 2018: $483,518Liabilities 2018: $7,012Net Assets 2018: $476,5062018Assets 2019: $466,182Liabilities 2019: $5,587Net Assets 2019: $460,5952019Assets 2020: $451,835Liabilities 2020: $6,447Net Assets 2020: $445,3882020Assets 2021: $436,028Liabilities 2021: $7,580Net Assets 2021: $428,4482021Assets 2022: $414,641Liabilities 2022: $8,643Net Assets 2022: $405,9982022Assets 2023: $392,662Liabilities 2023: $8,540Net Assets 2023: $384,1222023Assets 2024: $369,131Liabilities 2024: $19,535Net Assets 2024: $349,5962024Assets 2025: $325,259Liabilities 2025: $9,346Net Assets 2025: $315,9132025

Highlighted filing

2021

Assets$436,028
Liabilities$7,580
Net Assets$428,448

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $82,4422010Expenses 2011: $81,5832011Expenses 2012: $82,9812012Expenses 2013: $85,4222013Revenue 2014: $67,037Expenses 2014: $86,666Net Income 2014: -$19,6292014Revenue 2015: $111,290Expenses 2015: $86,842Net Income 2015: $24,4482015Revenue 2016: $82,923Expenses 2016: $148,457Net Income 2016: -$65,5342016Revenue 2017: $74,118Expenses 2017: $89,637Net Income 2017: -$15,5192017Revenue 2018: $74,936Expenses 2018: $93,738Net Income 2018: -$18,8022018Revenue 2019: $75,002Expenses 2019: $90,913Net Income 2019: -$15,9112019Revenue 2020: $74,448Expenses 2020: $89,655Net Income 2020: -$15,2072020Revenue 2021: $74,345Expenses 2021: $91,285Net Income 2021: -$16,9402021Revenue 2022: $74,167Expenses 2022: $96,617Net Income 2022: -$22,4502022Revenue 2023: $77,932Expenses 2023: $99,808Net Income 2023: -$21,8762023Revenue 2024: $77,276Expenses 2024: $111,802Net Income 2024: -$34,5262024Revenue 2025: $81,688Expenses 2025: $115,371Net Income 2025: -$33,6832025

Highlighted filing

2021

Revenue$74,345
Expenses$91,285
Net Income-$16,940
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 15, 2021
Return Version
2020v4.0
Gross Receipts
$74,345
Mission and Program Overview

Mission

Provide housing for persons receiving services from Liberty Centre Services, Inc. for mental illness or physical or emotional handicaps to meet their physical, social, and psychological needs and to promote their health, security, and happiness.

Dedicated to helping people recover from mental illness and become contributing members of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$362,879$342,063▼ $20,816
Savings and Temporary Cash Investments$85,079$90,065▲ $4,986
Cash and Non-Interest-Bearing Accounts$402$2,659▲ $2,257
Prepaid Expenses and Deferred Charges$73$1,241▲ $1,168
Total Assets$451,835$436,028▼ $15,807
Other Assets Total$3,402--
Liabilities
Accounts Payable and Accrued Expenses$3,045$4,277▲ $1,232
Other Liabilities$3,402$3,303▼ $99
Total Liabilities$6,447$7,580▲ $1,133
Net Assets / Fund Balance
Net Assets With Donor Restrictions$871,400$871,400→ $0
Net Assets Without Donor Restrictions$-426,012$-442,952▼ $16,940
Total Net Assets Fund Balance$445,388$428,448▼ $16,940
Total Liabilities and Net Assets / Fund Balance$451,835$436,028▼ $15,807

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$299,720$531,714$831,434
Other Land Buildings$12,454$24,951$37,405
Land$29,500-$29,500
Equipment$389$2,142$2,531
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Kevin PiskePresident
Connie KubeDirector
Jerry GuentherDirector
Samantha FromDirector
Cindy HoltonTreasurer
Mary Kay UhingVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$72,010
Investment Income
$280
Other Revenue
$2,055
Change in Net Assets
$-16,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$74,345
Total Revenue per Audited Statements
$74,345
Total Revenue per Form 990
$74,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,835
Salaries, Compensation, and Employee Benefits$18,450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$27,044--$27,044
Depreciation Depletion$24,111--$24,111
Other Salaries and Wages-$12,300-$12,300
Fees for Services Management-$9,067-$9,067
Other Employee Benefits-$5,250-$5,250
Fees for Services Accounting-$4,825-$4,825
Fees for Services Other$3,100--$3,100
Office Expenses$2,390$119-$2,509
Other Expenses-$2,179-$2,179
Payroll Taxes-$900-$900
Total Functional Expenses$56,645$34,640$0$91,285

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$91,285
Total Expenses per Audited Statements$91,285
Total Expenses per Form 990$91,285
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits in Trust$3,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

A copy of the form 990 is provided to the board members for review prior to signing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is reviewed and signed annually.

Form 990, Page 6, Part VI, Line 19

These documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Building Futures Inc
EIN
47-0772471
Address
900 EAST NORFOLK AVE, NORFOLK, NE 68701
Doing Business As
Willow Park Apartments

Signing Officer

Name
Cindy Holton
Title
Treasurer
Signed
2021-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Kevin Piske
Formed
1994
Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Schumacher Smejkal Brockhaus & Herley Pc
Address
508 WEST PROSPECT AVENUE, NORFOLK, NE 68701
Preparer
Brock Herley
Phone
4023792722
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide housing for persons receiving services from libery centre services, inc. For mental illness or physical or emotional handicaps to meet their physical, social, and psychological needs and to promote their health, security, and happiness.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt074291
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IRS990ScheduleA/Total509Grp/TotalAmt0367929
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt077114
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt074118
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0380485
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0299720
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0531714
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0831434
IRS990ScheduleD/EquipmentGrp/BookValueAmt0389
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02142
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02531
IRS990ScheduleD/ExpensesSubtotalAmt091285
IRS990ScheduleD/LandGrp/BookValueAmt029500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt029500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012454
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024951
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt074345
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0342063
IRS990ScheduleD/TotalExpensesPerForm990Amt091285
IRS990ScheduleD/TotalLiabilityAmt03303
IRS990ScheduleD/TotalRevenuePerForm990Amt074345
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt074345
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt091285
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE HOUSING FOR PERSONS RECEIVING SERVICES FROM LIBERY CENTRE SERVICES, INC. FOR MENTAL ILLNESS OR PHYSICAL OR EMOTIONAL HANDICAPS TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW PRIOR TO SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LIBERTY CENTRE SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470692185
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORFOLK
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0436028
IRS990/TotalAssetsGrp/BOYAmt0451835
IRS990/TotalAssetsGrp/EOYAmt0436028
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034640
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056645
IRS990/TotalFunctionalExpensesGrp/TotalAmt091285
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06447
IRS990/TotalLiabilitiesEOYAmt07580
IRS990/TotalLiabilitiesGrp/BOYAmt06447
IRS990/TotalLiabilitiesGrp/EOYAmt07580
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0428448
IRS990/TotalProgramServiceExpensesAmt056645
IRS990/TotalProgramServiceRevenueAmt072010
IRS990/TotalRevenueGrp/ExclusionAmt0280
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074065
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt074345
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0451835
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0436028
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0900 E NORFOLK AVE
IRS990/USAddress/CityNm0NORFOLK
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068701
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CINDY HOLTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING FUTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0470772471
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 EAST NORFOLK AVE
ReturnHeader/Filer/USAddress/CityNm0NORFOLK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470552214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHUMACHER SMEJKAL BROCKHAUS & HERLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0508 WEST PROSPECT AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068701
ReturnHeader/PreparerPersonGrp/PhoneNum04023792722
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BROCK HERLEY
ReturnHeader/ReturnTs02021-10-12T10:33:37-05:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.25$0.09$3.16$0.82$1.15$0.34
2024Detailed filing. Detailed filing data is available for this year.$3.69$0.20$3.50$0.77$1.12$0.35
2023Detailed filing. Detailed filing data is available for this year.$3.93$0.09$3.84$0.78$1.00$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.15$0.09$4.06$0.74$0.97$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.36$0.08$4.28$0.74$0.91$0.17
2020Detailed filing. Detailed filing data is available for this year.$4.52$0.06$4.45$0.74$0.90$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.66$0.06$4.61$0.75$0.91$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.84$0.07$4.77$0.75$0.94$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.02$0.07$4.95$0.74$0.90$0.16
2016Detailed filing. Detailed filing data is available for this year.$5.17$0.06$5.11$0.83$1.48$0.66
2015Detailed filing. Detailed filing data is available for this year.$5.84$0.07$5.76$1.11$0.87$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.57$0.05$5.52$0.67$0.87$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.77$0.05$5.72$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.90$0.04$5.86$0.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$0.06$6.01$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.04$6.16$0.82