Civic Intelligence

Byron Wellness System Inc

990 • Fiscal year 2020 • EIN 47-5285597

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

1661 Beacon StreetFort Wayne, IN 46805

(260) 637-3166

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

5th percentile

-85%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$233,376

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 130.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

26th percentile

-1.5%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

0.3%

Faster revenue growth than 49% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,476,271

Down $53,772 (-1.5%) from 2019

Net Assets

Down

$3,476,271

Down $32,603 (-0.9%) from 2019

Liabilities

Down

$0

Down $21,169 (-100%) from 2019

Revenue

Up

$178,696

Up $468 (+0.3%) from 2019

Expenses

Up

$330,190

Up $49,810 (+18%) from 2019

Net Income

Down

-$151,494

Down $49,342 (-48%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $4,977,539Liabilities 2015: $0Net Assets 2015: $4,977,5392015Assets 2016: $5,555,642Liabilities 2016: $5,298Net Assets 2016: $5,550,3442016Assets 2017: $5,760,428Liabilities 2017: $2,038Net Assets 2017: $5,758,3902017Assets 2018: $3,413,894Liabilities 2018: $18,817Net Assets 2018: $3,395,0772018Assets 2019: $3,530,043Liabilities 2019: $21,169Net Assets 2019: $3,508,8742019Assets 2020: $3,476,271Liabilities 2020: $0Net Assets 2020: $3,476,2712020Assets 2021: $3,436,835Liabilities 2021: $57,145Net Assets 2021: $3,379,6902021Assets 2022: $2,837,398Liabilities 2022: $212,254Net Assets 2022: $2,625,1442022Assets 2023: $2,997,159Liabilities 2023: $490,348Net Assets 2023: $2,506,8112023Assets 2024: $3,148,360Liabilities 2024: $948,859Net Assets 2024: $2,199,5012024

Highlighted filing

2020

Assets$3,476,271
Liabilities$0
Net Assets$3,476,271

Operations Trend

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

$500K$0-$500KRevenue 2015: $41,757Expenses 2015: $25Net Income 2015: $41,7322015Revenue 2016: $206,540Expenses 2016: $51,797Net Income 2016: $154,7432016Revenue 2017: $243,324Expenses 2017: $180,884Net Income 2017: $62,4402017Revenue 2018: $357,185Expenses 2018: $251,056Net Income 2018: $106,1292018Revenue 2019: $178,228Expenses 2019: $280,380Net Income 2019: -$102,1522019Revenue 2020: $178,696Expenses 2020: $330,190Net Income 2020: -$151,4942020Revenue 2021: $236,595Expenses 2021: $453,618Net Income 2021: -$217,0232021Revenue 2022: $163,499Expenses 2022: $409,320Net Income 2022: -$245,8212022Revenue 2023: $190,396Expenses 2023: $340,844Net Income 2023: -$150,4482023Revenue 2024: $23,844Expenses 2024: $372,449Net Income 2024: -$348,6052024

Highlighted filing

2020

Revenue$178,696
Expenses$330,190
Net Income-$151,494
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,036,821
Mission and Program Overview

Mission

To develop, support, promote, and/or conduct educational programs, scientific research, human service programs, and other charitable activities, all in promotion and support of the interests and purposes of recovery health services and the byron foundation.

To support and/or develop educational programs, scientific research, human service programs, and other charitable activities in promotion of supported organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,462,747$3,397,177▼ $65,570
Cash and Non-Interest-Bearing Accounts$67,296$51,419▼ $15,877
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,530,043$3,476,271▼ $53,772
Other Assets Total$0$27,675▲ $27,675
Liabilities
Accounts Payable and Accrued Expenses$21,169$0▼ $21,169
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$21,169$0▼ $21,169
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,508,874$3,476,271▼ $32,603
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,508,874$3,476,271▼ $32,603
Total Liabilities and Net Assets / Fund Balance$3,530,043$3,476,271▼ $53,772
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra J LambertPresident/CEOFT$198,375$35,001$233,376
Audra GuyCFOPT$52,104$70,764$122,868

Board Members and Trustees

NameTitle
John MauchChairman
Carolyn BrodyVice Chairman
Eugene FaleyBoard Member
Paul WilsonBoard Member
Robert PlantBoard Member
Charles ClarkSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$160,842
Other Revenue
$17,854
Change in Net Assets
$-151,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$172,714
Revenue Not Reported on Financial Statements
$5,982
Revenue Not Reported on Form 990
$77,540
Total Revenue per Audited Statements
$250,254
Total Revenue per Form 990
$178,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$263,206
Other Expenses$66,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$179,404$60,082-$239,486
Advertising$16,605$5,535-$22,140
Fees for Services Legal-$20,172-$20,172
Payroll Taxes$13,711$4,570-$18,281
Insurance$8,406$2,802-$11,208
Fees for Services Accounting-$7,212-$7,212
Fees for Service Investment Mgmnt Fees-$5,982$0$5,982
Pension Plan Contributions-$5,439-$5,439
Travel$153$51-$204
Other Expenses$25$8-$33
Office Expenses$25$8-$33
Total Functional Expenses$218,329$111,861$0$330,190

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$330,190
Expenses per Audited Statements$324,208
Total Expenses per Audited Statements$324,208
Expenses Not Reported on Financial Statements$5,982
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1B

Debra lambert is a compensated employee of byron wellness system, inc. And is therefore considered a non-independent voting member of the governing board. Form 990, part vi, section a, line 7a one member of the board of directors is appointed by recovery health services, inc., a supported organization and one member is appointed by the byron foundation, inc., a supported organization. Form 990, part vi, section b, line 11b the form 990 is reviewed in detail by the executive officers and the president of the board. After any changes and/or questions are addressed, the form 990 is provided to each member of the governing body for review prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policies are completed annually by all board members and staff. The policy statements are reviewed annually by officers of the organization. When organization business is being conducted and there is a conflict, the board member involved will abstain from voting on related matters. This is documented in the board minutes. In the event that there is a failure to disclose a conflict of interest, the board of directors shall take appropriate disciplinary and corrective action. Form 990, part vi, section b, line 14 byron wellness system is in the process of developing a document retention and destruction policy.

Form 990, Part VI, Section B, Line 15A

Process to establish compensation of ceo the board uses comparability data, including compensation surveys and forms 990 of other organizations, to determine and propose a reasonable compensation amount for the chief executive officer. The board of directors approves the proposed compensation for the ceo. The review and approval of the ceo is documented in the board minutes and all compensation reviews are included in employee files. This process was last undertaken in 2020.

Form 990, Part VII, Section A

Debra j. Lambert is the president and ceo of the byron foundation, byron wellness center, and recovery health services. Her compensation, paid through byron wellness center, reflects her duties between all three organizations. Form 990, part xi, line 9 intercompany transfers: $41,351

Filing and Contact Details

Filer

Filer Name
Byron Wellness System Inc
EIN
47-5285597
In Care Of
% DEBRA J LAMBERT
Phone
2606373166
Address
1661 BEACON STREET, FORT WAYNE, IN 46805

Signing Officer

Name
Charles Clark
Title
Chairman
Phone
2606373166
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Lambert
Formed
2015
Legal Domicile
In
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
5

Preparer

Firm
Bkd Llp
Address
200 E Main St Suite 700, Fort Wayne, IN 46802
Preparer
Lauren R Denton
Phone
2604604000
Supplemental Narrative

Financial Statement Notes

Asc 740 Footnote

Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/MissionDesc0TO DEVELOP, SUPPORT, PROMOTE, AND/OR CONDUCT EDUCATIONAL PROGRAMS, SCIENTIFIC RESEARCH, HUMAN SERVICE PROGRAMS, AND OTHER CHARITABLE ACTIVITIES, ALL IN PROMOTION AND SUPPORT OF THE INTERESTS AND PURPOSES OF RECOVERY HEALTH SYSTEMS AND THE BYRON FOUNDATION.
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IRS990/OperateHospitalInd0false
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IRS990/OtherAssetsTotalGrp/EOYAmt027675
IRS990/OtherChangesInNetAssetsAmt041351
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IRS990/PayrollTaxesGrp/ProgramServicesAmt013711
IRS990/PayrollTaxesGrp/TotalAmt018281
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IRS990/PensionPlanContributionsGrp/TotalAmt05439
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0RECOVERY HEALTH SERVICES INC
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IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt05982
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt05982
IRS990ScheduleD/NetUnrealizedGainsInvstAmt077540
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05982
IRS990ScheduleD/RevenueSubtotalAmt0172714
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0ASC 740 FOOTNOTE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBRA J LAMBERT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEBRA LAMBERT IS A COMPENSATED EMPLOYEE OF BYRON WELLNESS SYSTEM, INC. AND IS THEREFORE CONSIDERED A NON-INDEPENDENT VOTING MEMBER OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7A ONE MEMBER OF THE BOARD OF DIRECTORS IS APPOINTED BY RECOVERY HEALTH SERVICES, INC., A SUPPORTED ORGANIZATION AND ONE MEMBER IS APPOINTED BY THE BYRON FOUNDATION, INC., A SUPPORTED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE OFFICERS AND THE PRESIDENT OF THE BOARD. AFTER ANY CHANGES AND/OR QUESTIONS ARE ADDRESSED, THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS.

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