Civic Intelligence

Bayside Housing & Services

990 • Fiscal year 2018 • EIN 47-1798297

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 16, 2019

PO Box 927Port Hadlock, WA 98339

(360) 385-4637

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.19x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

100th percentile

1824%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

267%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$826,632

Up $783,674 (+1824%) from 2017

Net Assets

Up

$669,616

Up $773,129 (+747%) from 2017

Liabilities

Up

$157,016

Up $10,545 (+7.2%) from 2017

Revenue

Up

$1,118,662

Up $813,732 (+267%) from 2017

Expenses

Up

$345,533

Up $63,830 (+23%) from 2017

Net Income

Up

$773,129

Up $749,902 (+3229%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2016: $21,721Liabilities 2016: $148,461Net Assets 2016: -$126,7402016Assets 2017: $42,958Liabilities 2017: $146,471Net Assets 2017: -$103,5132017Assets 2018: $826,632Liabilities 2018: $157,016Net Assets 2018: $669,6162018Assets 2019: $844,081Liabilities 2019: $223,405Net Assets 2019: $620,6762019Assets 2020: $1,189,137Liabilities 2020: $324,138Net Assets 2020: $864,9992020Assets 2021: $1,548,681Liabilities 2021: $364,594Net Assets 2021: $1,184,0872021Assets 2022: $4,524,111Liabilities 2022: $1,480,199Net Assets 2022: $3,043,9122022Assets 2023: $6,147,389Liabilities 2023: $3,005,654Net Assets 2023: $3,141,7352023Assets 2024: $7,075,142Liabilities 2024: $3,767,297Net Assets 2024: $3,307,8452024

Highlighted filing

2018

Assets$826,632
Liabilities$157,016
Net Assets$669,616

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $116,950Expenses 2016: $200,298Net Income 2016: -$83,3482016Revenue 2017: $304,930Expenses 2017: $281,703Net Income 2017: $23,2272017Revenue 2018: $1,118,662Expenses 2018: $345,533Net Income 2018: $773,1292018Revenue 2019: $370,049Expenses 2019: $418,989Net Income 2019: -$48,9402019Revenue 2020: $734,192Expenses 2020: $563,539Net Income 2020: $170,6532020Revenue 2021: $1,118,488Expenses 2021: $909,979Net Income 2021: $208,5092021Revenue 2022: $2,945,737Expenses 2022: $1,068,931Net Income 2022: $1,876,8062022Revenue 2023: $1,755,429Expenses 2023: $1,661,353Net Income 2023: $94,0762023Revenue 2024: $2,325,789Expenses 2024: $2,159,679Net Income 2024: $166,1102024

Highlighted filing

2018

Revenue$1,118,662
Expenses$345,533
Net Income$773,129
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 16, 2019
Return Version
2018v3.1
Gross Receipts
$1,133,775
Mission and Program Overview

Mission

The mission of Bayside Housing & Services is to provide safe, temporary supportive housing and services so people in need can secure permanent housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$802,673-
Loans From Officers Directors$104,832$109,582▲ $4,750
Cash and Non-Interest-Bearing Accounts$35,263$13,513▼ $21,750
Accounts Receivable$2,847$6,957▲ $4,110
Land, Buildings, and Equipment, Net$1,873$2,347▲ $474
Inventories for Sale or Use$2,118--
Prepaid Expenses and Deferred Charges$857$1,142▲ $285
Total Assets$42,958$826,632▲ $783,674
Liabilities
Mortgage Notes Payable Secured by Investment Property$34,149$31,247▼ $2,902
Accounts Payable and Accrued Expenses$7,490$16,187▲ $8,697
Total Liabilities$146,471$157,016▲ $10,545
Net Assets / Fund Balance
Unrestricted Net Assets$-103,513$669,616▲ $773,129
Total Net Assets Fund Balance$-103,513$669,616▲ $773,129
Total Liabilities and Net Assets / Fund Balance$42,958$826,632▲ $783,674

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,347$1,841$4,188
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris EaganPast President
Ken DanePresident
Rich ConradVice President
Joseph JohnsonTrustee
Rita KerrTrustee
Susan KeisterTrustee
Terry UmbreitTrustee
Vicki LucasTrustee
Vincent VerneuilSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,033,310
Program Service Revenue
$85,343
Investment Income
$9
Other Revenue
$0
All Other Contributions
$995,355
Change in Net Assets
$773,129

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,118,662
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$114,319
Total Revenue per Audited Statements
$1,232,981
Total Revenue per Form 990
$1,118,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,024
Salaries, Compensation, and Employee Benefits$110,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$158,998$15,498-$174,496
Other Salaries and Wages$80,890$8,987-$89,877
Fees for Services Other$18,497$19,496-$37,993
Payroll Taxes$12,169$1,352-$13,521
Other Employee Benefits$6,400$711-$7,111
Interest$6,848--$6,848
Insurance$3,567$397-$3,964
Information Technology$3,558$395-$3,953
Office Expenses-$1,910-$1,910
Advertising$1,888--$1,888
Other Expenses$400$857-$1,257
Depreciation Depletion$446$253-$699
Travel$399--$399
Total Functional Expenses$294,060$51,473$0$345,533

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$459,852
Expenses per Audited Statements$345,533
Total Expenses per Form 990$345,533
Expenses Not Reported on Form 990$114,319
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,113
Fundraising Gross Income$15,113
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$43,068$15,113$15,113$0
Total Events$43,068$15,113$15,113$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
Loans from Officers, Directors, Trustees, and Key Employees$104,832$109,582▲ $4,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Chris Eagan, Vince Verneuil, and Susan Keister have a business relationship via ownership of Inn Properties LLC.

Form 990, Part VI, Section B, line 11B

A consultant to the board advised the board on the 990's accuracy before filing.

Form 990, Part VI, Section C, line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bayside Housing & Services
EIN
47-1798297
Phone
3603854637
Address
PO Box 927, Port Hadlock, WA 98339

Signing Officer

Name
Ken Dane
Title
Board President
Phone
3603854637
Signed
2019-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Dane
Formed
2014
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
12

Preparer

Firm
Hingston Miller Hingston PLLC
Address
1900 W Nickerson St Suite 213, Seattle, WA 98119
Preparer
Philip D Hingston
Phone
2062852777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Miscellaneous Prof Fees: Program service expenses 18,497. Management and general expenses 19,496. Fundraising expenses 0. Total expenses 37,993.

Financial Statement Notes

Part X, Line 2:

The Organization is a tax exempt non-profit organization under the Internal Revenue Code Section 501(c)(3) and is not classified as a private foundation. Accordingly, the financial statements do not include any provision for income taxes. The Organization files income tax returns in the U.S. federal jurisdiction. The Organization is no longer subject to U.S. federal income tax examinations by tax authorities for years before 2015. Currently, there is no examination or pending examination with the Internal Revenue Service (IRS). The Organization adopted the provisions of FASB ASC 740-10, Accounting for Uncertainty in Income Taxes, on January 1, 2015. As of December 31, 2018, there are no tax positions for which the deductibility is certain but for which there is uncertainty regarding the timing of such deductibility.

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IRS990/ReconcilationRevenueExpnssAmt0773129
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt085343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01033310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0257662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt023346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01429279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0215
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0235
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0151190
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.34110
IRS990ScheduleA/PublicSupportPY170Pct00.44950
IRS990ScheduleA/PublicSupportTotal170Amt0487632
IRS990ScheduleA/SubstantialContributorsTotAmt0941647
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01033310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0257662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt023346
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01429279
IRS990ScheduleA/TotalSupportAmt01429514
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0114319
IRS990ScheduleD/DonatedServicesUseFcltsAmt0114319
IRS990ScheduleD/EquipmentGrp/BookValueAmt02347
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01841
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04188
IRS990ScheduleD/ExpensesNotReportedAmt0114319
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0345533
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0114319
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01118662
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a tax exempt non-profit organization under the Internal Revenue Code Section 501(c)(3) and is not classified as a private foundation. Accordingly, the financial statements do not include any provision for income taxes. The Organization files income tax returns in the U.S. federal jurisdiction. The Organization is no longer subject to U.S. federal income tax examinations by tax authorities for years before 2015. Currently, there is no examination or pending examination with the Internal Revenue Service (IRS). The Organization adopted the provisions of FASB ASC 740-10, Accounting for Uncertainty in Income Taxes, on January 1, 2015. As of December 31, 2018, there are no tax positions for which the deductibility is certain but for which there is uncertainty regarding the timing of such deductibility.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02347
IRS990ScheduleD/TotalExpensesPerForm990Amt0345533
IRS990ScheduleD/TotalRevenuePerForm990Amt01118662
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01232981
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0459852
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027955
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt027955
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015113
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Special Event
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt043068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015113
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015113
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015113
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015113
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt063128
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt146454
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operating Funds
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Operating Funds
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt055000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt140000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Chris Egan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Vince Verneuil
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0109582
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Chris Eagan, Vince Verneuil, and Susan Keister have a business relationship via ownership of Inn Properties LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A consultant to the board advised the board on the 990's accuracy before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous Prof Fees: Program service expenses 18,497. Management and general expenses 19,496. Fundraising expenses 0. Total expenses 37,993.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt042958
IRS990/TotalAssetsEOYAmt0826632
IRS990/TotalAssetsGrp/BOYAmt042958
IRS990/TotalAssetsGrp/EOYAmt0826632
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01033310
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051473
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0294060
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345533
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0146471
IRS990/TotalLiabilitiesEOYAmt0157016
IRS990/TotalLiabilitiesGrp/BOYAmt0146471
IRS990/TotalLiabilitiesGrp/EOYAmt0157016
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-103513
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0669616
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0294060
IRS990/TotalProgramServiceRevenueAmt085343
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt085343
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01118662
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042958
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0826632

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