Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2017 • EIN 47-0775707

Oct 01, 2016 to Sep 30, 2017 • Filed on May 29, 2018

923 North 38th StOmaha, NE 68131

(402) 898-5950

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.11x

Higher debt load relative to assets than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.40x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$234,396

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 71.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

13th percentile

-8.6%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

32nd percentile

-2.2%

Faster revenue growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,165,780

Down $110,379 (-8.6%) from 2016

Net Assets

Down

$1,034,039

Down $121,024 (-10%) from 2016

Liabilities

Up

$131,741

Up $10,645 (+8.8%) from 2016

Revenue

Down

$330,074

Down $7,448 (-2.2%) from 2016

Expenses

Down

$451,098

Down $59,706 (-12%) from 2016

Net Income

Up

-$121,024

Up $52,258 (+30%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,800,825Liabilities 2011: $35,247Net Assets 2011: $1,765,5782011Assets 2012: $1,716,101Liabilities 2012: $65,264Net Assets 2012: $1,650,8372012Assets 2013: $1,571,032Liabilities 2013: $41,820Net Assets 2013: $1,529,2122013Assets 2014: $1,503,790Liabilities 2014: $32,572Net Assets 2014: $1,471,2182014Assets 2015: $1,385,668Liabilities 2015: $57,323Net Assets 2015: $1,328,3452015Assets 2016: $1,276,159Liabilities 2016: $121,096Net Assets 2016: $1,155,0632016Assets 2017: $1,165,780Liabilities 2017: $131,741Net Assets 2017: $1,034,0392017Assets 2018: $1,067,517Liabilities 2018: $111,185Net Assets 2018: $956,3322018Assets 2019: $942,468Liabilities 2019: $62,914Net Assets 2019: $879,5542019Assets 2020: $827,529Liabilities 2020: $60,809Net Assets 2020: $766,7202020Assets 2021: $729,563Liabilities 2021: $84,906Net Assets 2021: $644,6572021Assets 2022: $635,435Liabilities 2022: $56,587Net Assets 2022: $578,8482022Assets 2023: $539,317Liabilities 2023: $88,053Net Assets 2023: $451,2642023Assets 2024: $450,735Liabilities 2024: $126,311Net Assets 2024: $324,4242024

Highlighted filing

2017

Assets$1,165,780
Liabilities$131,741
Net Assets$1,034,039

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $331,117Expenses 2011: $419,793Net Income 2011: -$88,6762011Expenses 2012: $434,9772012Expenses 2013: $460,0002013Revenue 2014: $344,267Expenses 2014: $402,261Net Income 2014: -$57,9942014Revenue 2015: $333,975Expenses 2015: $476,848Net Income 2015: -$142,8732015Revenue 2016: $337,522Expenses 2016: $510,804Net Income 2016: -$173,2822016Revenue 2017: $330,074Expenses 2017: $451,098Net Income 2017: -$121,0242017Revenue 2018: $390,217Expenses 2018: $467,924Net Income 2018: -$77,7072018Revenue 2019: $380,871Expenses 2019: $457,649Net Income 2019: -$76,7782019Revenue 2020: $380,297Expenses 2020: $493,131Net Income 2020: -$112,8342020Revenue 2021: $371,996Expenses 2021: $494,059Net Income 2021: -$122,0632021Revenue 2022: $418,162Expenses 2022: $483,971Net Income 2022: -$65,8092022Revenue 2023: $396,208Expenses 2023: $523,792Net Income 2023: -$127,5842023Revenue 2024: $450,725Expenses 2024: $577,565Net Income 2024: -$126,8402024

Highlighted filing

2017

Revenue$330,074
Expenses$451,098
Net Income-$121,024
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 29, 2018
Return Version
2016v3.0
Gross Receipts
$330,074
Mission and Program Overview

Mission

Provide low-income elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,152,978$1,037,712▼ $115,266
Savings and Temporary Cash Investments$99,107$115,700▲ $16,593
Accounts Receivable$516$941▲ $425
Cash and Non-Interest-Bearing Accounts$11,493$136▼ $11,357
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,276,159$1,165,780▼ $110,379
Other Assets Total$12,065$11,291▼ $774
Liabilities
Accounts Payable and Accrued Expenses$78,894$90,292▲ $11,398
Other Liabilities$42,202$41,449▼ $753
Total Liabilities$121,096$131,741▲ $10,645
Net Assets / Fund Balance
Unrestricted Net Assets$1,155,063$1,034,039▼ $121,024
Total Net Assets Fund Balance$1,155,063$1,034,039▼ $121,024
Total Liabilities and Net Assets / Fund Balance$1,276,159$1,165,780▼ $110,379

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,037,712$2,224,731$3,262,443
Compensation and Service Providers

Employees

NameTitleOtherTotal
F Bradford BaileyPresident$129,933$129,933
Steven M HowardVice President$123,896$123,896
Paul D SmithTrustee$79,849$79,849
Richard T AmickTreasurer$75,842$75,842
Gregory ThompsonTrustee$60,977$60,977
Beverly GatesAsst. Treasurer$41,010$41,010

Board Members and Trustees

NameTitle
DAVID E HudsonChairman
Paul R SeilerFormer President
Jeffrey J Smithformer VICE PRESIDENT
Renea SmithAsst. Secretary
Ralph BukiewiczFormer Assistant Secretary
Richard HerivelFormer Assistant Treasurer
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$155,768
Program Service Revenue
$173,466
Investment Income
$61
Other Revenue
$779
Change in Net Assets
$-121,024

Audited Revenue Reconciliation

Revenue per Audited Statements
$330,074
Total Revenue per Audited Statements
$330,074
Total Revenue per Form 990
$330,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,172
Salaries, Compensation, and Employee Benefits$72,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$194,178--$194,178
Depreciation Depletion$115,266--$115,266
Other Salaries and Wages$17,576$42,036-$59,612
Insurance$25,924--$25,924
Fees for Services Management-$17,024-$17,024
Office Expenses$9,486$7,211-$16,697
Other Employee Benefits$8,754--$8,754
Fees for Services Accounting-$7,426-$7,426
Payroll Taxes$4,560--$4,560
Conferences and Meetings-$1,034-$1,034
Fees for Services Legal-$602-$602
Other Expenses$21--$21
Total Functional Expenses$375,765$75,333$0$451,098

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$451,098
Total Expenses per Audited Statements$451,098
Total Expenses per Form 990$451,098
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Excess Project Funds-residual Receipts$30,158
Tenant Deposits Held in Trust$11,291
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

There is a contract between booth manor and the salvation army (tsa) (omaha area) by which tsa provides services and materials and is reimbursed for that cost by booth manor. All personnel are employees of tsa and provide the services to booth manor.

Form 990, Part VI, Line 11B: Form 990 Review Process

The board reviews the form 990 prior to filing the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Booth Manor, Inc. is an affiliate of Salvation Army. The conflict of interest policy of the Salvation Army governs the actions of directors and trustees of Booth Manor, Inc. The following is a description of Salvation Armys conflict of interest policy:In order to avoid any appearance that the judgment of a Salvation Army officer or employee has been influenced, it is the policy of the Salvation Army that Salvation Army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to The Salvation Army (referred to in this policy as Vendors). No Salvation Army officer or employee will accept employment by, or act as a consultant to, any vendor. No Salvation Army Officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to The Salvation Army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (A) Legitimate business related meals or (B) Entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor.Implementation: All Salvation Army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of The Salvation Army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a Salvation Army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in The Salvation Army Central Territory employee manual, and all employees of The Salvation Army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by The Salvation Army, up to and including termination.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Booth manor, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
47-0775707
Phone
4028985950
Address
923 NORTH 38TH ST, OMAHA, NE 68131

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Signed
2018-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Bradford Bailey
Formed
1994
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
1
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2 The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of Section 501(a) of the Code.In the event the Corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of September 30, 2017 and 2016. The Corporation adopted the standard for Accounting for Uncertainty in Income Taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.13$0.32$0.45$0.58$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.09$0.45$0.40$0.52$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.06$0.58$0.42$0.48$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.08$0.64$0.37$0.49$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.06$0.77$0.38$0.49$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.06$0.88$0.38$0.46$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.11$0.96$0.39$0.47$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.13$1.03$0.33$0.45$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.28$0.12$1.16$0.34$0.51$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.06$1.33$0.33$0.48$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.03$1.47$0.34$0.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.04$1.53$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.07$1.65$0.43
2011Summary only. Only limited summary data is available for this year.$1.80$0.04$1.77$0.33$0.42$0.09