Civic Intelligence

Kidron Inc.

990 • Fiscal year 2016 • EIN 48-0885137

Apr 01, 2015 to Mar 31, 2016 • Filed on Nov 15, 2016

3001 Ivy DriveNorth Newton, KS 67117

(316) 284-2900

Siviq Scores

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

Liabilities / Assets

95th percentile

1.36x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

8.53x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

7th percentile

-47%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$182,392

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 39.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

14th percentile

-8.9%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

1.5%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,879,418

Down $282,756 (-8.9%) from 2015

Net Assets

Down

-$1,024,391

Down $166,987 (-19%) from 2015

Liabilities

Down

$3,903,809

Down $115,769 (-2.9%) from 2015

Revenue

Up

$457,880

Up $6,826 (+1.5%) from 2015

Expenses

Down

$674,933

Down $70,920 (-9.5%) from 2015

Net Income

Up

-$217,053

Up $77,746 (+26%) from 2015

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$0-$2.0MAssets 2013: $786,949Liabilities 2013: $1,166,254Net Assets 2013: -$379,3052013Assets 2014: $698,227Liabilities 2014: $1,071,064Net Assets 2014: -$372,8372014Assets 2015: $3,162,174Liabilities 2015: $4,019,578Net Assets 2015: -$857,4042015Assets 2016: $2,879,418Liabilities 2016: $3,903,809Net Assets 2016: -$1,024,3912016Assets 2017: $2,600,246Liabilities 2017: $3,678,502Net Assets 2017: -$1,078,2562017Assets 2018: $2,545,979Liabilities 2018: $3,636,831Net Assets 2018: -$1,090,8522018Assets 2019: $2,455,144Liabilities 2019: $3,574,036Net Assets 2019: -$1,118,8922019Assets 2020: $2,385,698Liabilities 2020: $3,502,639Net Assets 2020: -$1,116,9412020Assets 2021: $2,321,633Liabilities 2021: $3,448,907Net Assets 2021: -$1,127,2742021Assets 2022: $2,230,623Liabilities 2022: $3,392,619Net Assets 2022: -$1,161,9962022Assets 2025: $1,998,414Liabilities 2025: $3,147,350Net Assets 2025: -$1,148,9362025

Highlighted filing

2016

Assets$2,879,418
Liabilities$3,903,809
Net Assets-$1,024,391

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $405,6002013Revenue 2014: $444,119Expenses 2014: $437,651Net Income 2014: $6,4682014Revenue 2015: $451,054Expenses 2015: $745,853Net Income 2015: -$294,7992015Revenue 2016: $457,880Expenses 2016: $674,933Net Income 2016: -$217,0532016Revenue 2017: $857,067Expenses 2017: $910,932Net Income 2017: -$53,8652017Revenue 2018: $867,844Expenses 2018: $880,440Net Income 2018: -$12,5962018Revenue 2019: $905,390Expenses 2019: $933,430Net Income 2019: -$28,0402019Revenue 2020: $917,351Expenses 2020: $915,400Net Income 2020: $1,9512020Revenue 2021: $926,361Expenses 2021: $936,694Net Income 2021: -$10,3332021Revenue 2022: $935,516Expenses 2022: $970,238Net Income 2022: -$34,7222022Revenue 2025: $1,019,891Expenses 2025: $1,106,438Net Income 2025: -$86,5472025

Highlighted filing

2016

Revenue$457,880
Expenses$674,933
Net Income-$217,053
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$457,880
Mission and Program Overview

Mission

Our mission is to have a positive impact on quality of life by promoting lifelong wellness, purpose, choice, genuine connection, and personalized care with christian compassion.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,041,694$1,350,789▲ $309,095
Cash and Non-Interest-Bearing Accounts$32,632$38,507▲ $5,875
Prepaid Expenses and Deferred Charges$3,489$5,261▲ $1,772
Accounts Receivable$6$2,270▲ $2,264
Savings and Temporary Cash Investments$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
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,162,174$2,879,418▼ $282,756
Other Assets Total$2,084,353$1,482,591▼ $601,762
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,892,853$3,838,524▼ $54,329
Accounts Payable and Accrued Expenses$109,268$48,817▼ $60,451
Other Liabilities$17,457$16,468▼ $989
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,019,578$3,903,809▼ $115,769
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-857,404$-1,024,391▼ $166,987
Total Net Assets Fund Balance$-857,404$-1,024,391▼ $166,987
Total Liabilities and Net Assets / Fund Balance$3,162,174$2,879,418▼ $282,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$406,864$3,964,232$4,371,096
Equipment$363,831$217,155$580,986
Other Land Buildings$512,281-$512,281
Land$67,813-$67,813
Other Assets Org$186,393--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ryan GoeringCOO$123,519$123,519
Jerol SchragCFO$120,037$120,037

Board Members and Trustees

NameTitle
Melvin VothDirector/chairperson
James KrehbielPresident/CEO
Barth HagueDirector/vice Chairperson
Arlan YoderDirector
Bonnie SowersDirector
David BurnsDirector
Jim GoeringDirector
Joe BrennemanDirector
Marcy ThiesenDirector
Paul HarderDirector
Ron PetersDirector
Kaye PennerDirector/secretary
Lualan WillemsDirector/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$451,436
Investment Income
$1,651
Other Revenue
$4,793
Change in Net Assets
$-217,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$674,933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$195,261--$195,261
Interest$161,263--$161,263
All Other Expenses$53,989--$53,989
Occupancy$53,964--$53,964
Fees for Services Other-$46,465-$46,465
Fees for Services Legal-$36,491-$36,491
Fees for Services Management-$26,176-$26,176
Fees for Services Accounting-$23,938-$23,938
Office Expenses-$12,049-$12,049
Insurance$3,362--$3,362
Other Expenses$749--$0
Advertising-$354-$354
Total Functional Expenses$529,460$145,473$0$674,933
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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$16,468
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 6

Bluestem communities, inc., a not-for-profit 501(c)(3) organization, is the sole member of kidron, inc.

Form 990, Part VI, Section A, Line 7A

Bluestem communities, inc., as the sole member of kidron, inc. Has the power to elect or appoint the members of the governing body.

Form 990, Part VI, Section A, Line 7B

Bluestem communities, inc., as the sole member of kidron, inc. Has the power to make governance decisions of the organization.

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

An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the finance committee of the board. The finance committee and the cfo review the form 990 with the full board. The cfo is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provide all voting members of the board prior to filing the 990.

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

The board of directors, officers, and committeee members annually review and sign the organization's conflict of interest policy. Actual or potential conflicts of interest must be disclosed to the board. After disclosure and discussion of the conflict, the interested person must leave the meeting while the remaining board members discuss and vote on whether a conflict exists. If a conflict does exist, the board will determine whether they can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If that is not reasonably possible, the disinterested members will vote to determine whether the transaction or arrangement is fair and reasonable, in the organization's best interest, a to the organization's benefit.

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

The subcommittee of the board of bluestem communities, inc., the controlling organization, annually reviews the ceo's compensation, using the leadingage kansas wage and salary survey report and then presents their recommendation to the full board. This review was last performed in 2015 and was documented in the board minutes. Form 990, part vi, section b, line 15b the ceo annually reviews compensation for all other key employees using the same kahsa wage and salary survey report.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and audited financial statements are not typically available to the public.

Filing and Contact Details

Filer

Filer Name
Kidron Inc
EIN
48-0885137
In Care Of
% JEROL SCHRAG
Phone
3162842900
Address
3001 IVY DRIVE, NORTH NEWTON, KS 67117

Signing Officer

Name
James Krehbiel
Title
President & CEO
Phone
3162842900
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Krehbiel
Formed
1979
Legal Domicile
Ks
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Bkd Llp
Address
1551 N WATERFRONT PKWY STE 300, WICHITA, KS 67206-6601
Preparer
Steven L Webb
Phone
3162652811
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Provide retired persons with facilities and services especially designed to meet their physical, social, and psychological needs, and contribute to their health, security, and usefulness in longer living. Form 990, part v, line 2a the contract labor amounts included in form 990, part ix, line 11g are a reimbursement to bluestem communities management, inc., a 501(c)(3) related organization, for employees performing services on behalf of the management company. Bcmi reports all of the salaries and benefits and issues all w-2's for the employees. Form 990, part vi, section a, line 2 all officers and directors have a business relationship. Form 990, part vi, section a, line 3 the organization delegated control over management duties to bluestem communities management, inc, a related 501(c)(3) organization. These duties include: 1) the authority to hire, discharge, or pay any employees, 2) the ability to carry out marketing activities, 3) the ability to offer for rent the dwelling units, commercial space and other rental facilities and concessions in the project, 4) the ability to collect all rents, charges, and other amounts receivable on the owner's account in connection with the management and operation of the project, 5) the authority to secure full compliance by each tenant with the terms of his/her lease, 6) the ability to prepare annual operating budgets for the project and approved by the owner. Form 990, part vi, section a, line 4 kidron, inc. Updated the organization's bylaws to match those of all other related 501(c)(3) entities. This allows bluestem communities, inc. To be the sole member and gives that entity the right to perform the control activities as outlined on the question above.

Form 990, Part XI, Line 9

Transfer of assets from hickory homes 50,066

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax position 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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