Civic Intelligence

Starkey Sheltered Living Inc.

990 • Fiscal year 2018 • EIN 48-1000874

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 21, 2019

4500 W MapleWichita, KS 67209

(316) 942-4221

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$294,192

Flat from 2018

Net Assets

Flat

$110,592

Flat from 2018

Liabilities

Flat

$183,600

Flat from 2018

Revenue And Expenses

Revenue

Flat

$72,597

Flat from 2018

Expenses

Flat

$81,220

Flat from 2018

Net Income

Flat

-$8,623

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $327,784Liabilities 2010: $298,550Net Assets 2010: $29,2342010Assets 2011: $326,428Liabilities 2011: $284,489Net Assets 2011: $41,9392011Assets 2012: $324,153Liabilities 2012: $267,543Net Assets 2012: $56,6102012Assets 2013: $309,508Liabilities 2013: $255,229Net Assets 2013: $54,2792013Assets 2014: $302,370Liabilities 2014: $243,302Net Assets 2014: $59,0682014Assets 2015: $301,999Liabilities 2015: $224,209Net Assets 2015: $77,7902015Assets 2016: $305,054Liabilities 2016: $203,539Net Assets 2016: $101,5152016Assets 2017: $350,815Liabilities 2017: $231,600Net Assets 2017: $119,2152017Assets 2018: $294,192Liabilities 2018: $183,600Net Assets 2018: $110,5922018Assets 2018: $294,192Liabilities 2018: $183,600Net Assets 2018: $110,5922018Assets 2019: $295,218Liabilities 2019: $158,392Net Assets 2019: $136,8262019Assets 2020: $297,391Liabilities 2020: $133,612Net Assets 2020: $163,7792020Assets 2021: $302,583Liabilities 2021: $112,384Net Assets 2021: $190,1992021Assets 2022: $291,388Liabilities 2022: $87,432Net Assets 2022: $203,9562022Assets 2023: $283,298Liabilities 2023: $35,016Net Assets 2023: $248,2822023Assets 2024: $295,752Liabilities 2024: $12,713Net Assets 2024: $283,0392024

Highlighted filing

2018

Assets$294,192
Liabilities$183,600
Net Assets$110,592

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $76,1692010Expenses 2011: $75,2242011Expenses 2012: $70,4612012Revenue 2013: $68,115Expenses 2013: $70,446Net Income 2013: -$2,3312013Revenue 2014: $86,663Expenses 2014: $81,874Net Income 2014: $4,7892014Revenue 2015: $86,977Expenses 2015: $68,255Net Income 2015: $18,7222015Revenue 2016: $83,729Expenses 2016: $60,004Net Income 2016: $23,7252016Revenue 2017: $77,838Expenses 2017: $60,138Net Income 2017: $17,7002017Revenue 2018: $72,597Expenses 2018: $81,220Net Income 2018: -$8,6232018Revenue 2018: $72,597Expenses 2018: $81,220Net Income 2018: -$8,6232018Revenue 2019: $89,053Expenses 2019: $62,819Net Income 2019: $26,2342019Revenue 2020: $87,293Expenses 2020: $60,340Net Income 2020: $26,9532020Revenue 2021: $84,750Expenses 2021: $58,330Net Income 2021: $26,4202021Revenue 2022: $75,970Expenses 2022: $62,213Net Income 2022: $13,7572022Revenue 2023: $109,788Expenses 2023: $65,462Net Income 2023: $44,3262023Revenue 2024: $107,352Expenses 2024: $72,595Net Income 2024: $34,7572024

Highlighted filing

2018

Revenue$72,597
Expenses$81,220
Net Income-$8,623
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 21, 2019
Return Version
2017v2.3
Gross Receipts
$81,841
Mission and Program Overview

Mission

Providing rental housing for adults with intellectual disabilities.

Rental housing for adults with intellectual disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$246,060$221,485▼ $24,575
Savings and Temporary Cash Investments$102,570$69,829▼ $32,741
Investments Other Securities$2,184$2,878▲ $694
Total Assets$350,814$294,192▼ $56,622
Liabilities
Other Liabilities$227,206$157,285▼ $69,921
Accounts Payable and Accrued Expenses$4,393$26,315▲ $21,922
Total Liabilities$231,599$183,600▼ $47,999
Net Assets / Fund Balance
Unrestricted Net Assets$119,215$110,592▼ $8,623
Total Net Assets Fund Balance$119,215$110,592▼ $8,623
Total Liabilities and Net Assets / Fund Balance$350,814$294,192▼ $56,622

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$156,734$293,276$450,010
Land$42,780-$42,780
Equipment$21,971-$21,971
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kristina MacyCOO$103,487$103,487
Don WiesnerCFO$93,830$93,830

Board Members and Trustees

NameTitle
Christian LehrPresident
Cara LedyDirector
Jill TinsleyDirector
Jorge MartinezDirector
Julie EckhartDirector
Kathrine GirrensDirector
Michelle SnyderDirector
Narciso NarvaisDirector
Paul FowlerDirector
Travis LeakeDirector
William DakanDirector
Colin MckenneyCEO
Lori MarceauSecretary
Tim ReimerTreasurer
Mark KochVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$81,732
Investment Income
$-9,135
Other Revenue
$0
Change in Net Assets
$-8,623

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,841
Revenue Not Reported on Financial Statements
$-9,244
Revenue Not Reported on Form 990
$14,759
Other Revenue Adjustments
$-9,244
Total Revenue per Audited Statements
$96,600
Total Revenue per Form 990
$72,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,220
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$15,331--$15,331
Interest$11,771--$11,771
Fees for Services Management-$4,166-$4,166
Office Expenses-$3,836-$3,836
Fees for Services Other$3,482--$3,482
Fees for Services Accounting-$2,309-$2,309
Insurance$1,299--$1,299
Other Expenses$752--$752
All Other Expenses$527--$527
Total Functional Expenses$70,909$10,311$0$81,220

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$105,223
Expenses per Audited Statements$81,220
Total Expenses per Form 990$81,220
Expenses Not Reported on Form 990$24,003
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
Mortgage Payable to Related Party$154,407
Tenant Security Deposits$2,878
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Starkey sheltered living, inc. Is a membership organization. Members are family members and/or guardians of adults with intellectual disabilities that starkey supports.

Form 990, Page 6, Part VI, Line 7A

Members meet on a semi-annual basis. Members may participate on the nominating committee for the bod and may nominate a member at the annual meeting. Members may also attend the bod meetings, receive the minutes, agenda and other exhibits the bod receive.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewd by the ceo, cfo and bod president prior to it being filed with the irs.

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

Per written policy, bod members are required to review and sign the conflict of interest statement annually. They also sign the code of ethics which has numerous references to conflicts of interest. They must avoid conflicts of interest, fully disclose conflicts of interest and potential conflicts of interest when participating in bod decision making, not accept employment as staff in the organization or payment for services rendered as a board member, no self dealing, and no acceptance of gifts/favors. Any bod member who fails to disclose a conflict of interest may be subject to removal.

Form 990, Page 6, Part VI, Line 19

Starkey sheltered living, inc makes its governing documents, signed conflict of interest statement and financial statements available to the general public by allowing inspection of the documents at the office of the organization (don wiesner, cfo, c/o starkey inc, 4500 w maple, wichita, ks 67209) and by providing copies upon request.

Filing and Contact Details

Filer

Filer Name
Starkey Sheltered Living Inc
EIN
48-1000874
Phone
3169424221
Address
4500 W MAPLE, WICHITA, KS 67209

Signing Officer

Name
Christian Lehr
Title
President
Phone
3169424221
Signed
2019-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colin Mckenney
Formed
1985
Legal Domicile
Ks
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Swindoll Janzen Hawk & Loyd LLC
Address
220 W DOUGLAS AVE SUITE 300, WICHITA, KS 67202
Preparer
Adam L Grilliot Cpapfs
Phone
3162655600
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Loss on disposal recorded as expense 9,244 loss on disposal recorded as expense -9,244

Financial Statement Notes

Schedule D, Page 3, Part X

Neither the project nor its non-profit corporate owner are subject to income taxes. The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code. The project follows accounting requirements related to uncertain tax positions. Tax positions taken may include positions that the project is exempt from income taxes or be related to how the project determines its unrelated business income. The project recognizes the financial statement effects of a tax position only when it believes it can more likiely than not sustain the position upon an examination by the relevant tax authority. The years that remain open include fiscal years ending 2014, 2015, 2016, and 2017.

Schedule D, Page 4, Part XI, Line 4B

Loss on disposal recorded as expense -9,244

Schedule D, Page 4, Part XII, Line 2D

Loss on disposal recorded as expense 9,244

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IRS990/PrincipalOfficerNm0COLIN MCKENNEY
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-9244
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NEITHER THE PROJECT NOR ITS NON-PROFIT CORPORATE OWNER ARE SUBJECT TO INCOME TAXES. THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT FOLLOWS ACCOUNTING REQUIREMENTS RELATED TO UNCERTAIN TAX POSITIONS. TAX POSITIONS TAKEN MAY INCLUDE POSITIONS THAT THE PROJECT IS EXEMPT FROM INCOME TAXES OR BE RELATED TO HOW THE PROJECT DETERMINES ITS UNRELATED BUSINESS INCOME. THE PROJECT RECOGNIZES THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ONLY WHEN IT BELIEVES IT CAN MORE LIKIELY THAN NOT SUSTAIN THE POSITION UPON AN EXAMINATION BY THE RELEVANT TAX AUTHORITY. THE YEARS THAT REMAIN OPEN INCLUDE FISCAL YEARS ENDING 2014, 2015, 2016, AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL RECORDED AS EXPENSE -9,244
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSAL RECORDED AS EXPENSE 9,244
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalRevenuePerForm990Amt072597
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0COLIN MCKENNEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0165560
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STARKEY SHELTERED LIVING, INC. IS A MEMBERSHIP ORGANIZATION. MEMBERS ARE FAMILY MEMBERS AND/OR GUARDIANS OF ADULTS WITH INTELLECTUAL DISABILITIES THAT STARKEY SUPPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS MEET ON A SEMI-ANNUAL BASIS. MEMBERS MAY PARTICIPATE ON THE NOMINATING COMMITTEE FOR THE BOD AND MAY NOMINATE A MEMBER AT THE ANNUAL MEETING. MEMBERS MAY ALSO ATTEND THE BOD MEETINGS, RECEIVE THE MINUTES, AGENDA AND OTHER EXHIBITS THE BOD RECEIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWD BY THE CEO, CFO AND BOD PRESIDENT PRIOR TO IT BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PER WRITTEN POLICY, BOD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. THEY ALSO SIGN THE CODE OF ETHICS WHICH HAS NUMEROUS REFERENCES TO CONFLICTS OF INTEREST. THEY MUST AVOID CONFLICTS OF INTEREST, FULLY DISCLOSE CONFLICTS OF INTEREST AND POTENTIAL CONFLICTS OF INTEREST WHEN PARTICIPATING IN BOD DECISION MAKING, NOT ACCEPT EMPLOYMENT AS STAFF IN THE ORGANIZATION OR PAYMENT FOR SERVICES RENDERED AS A BOARD MEMBER, NO SELF DEALING, AND NO ACCEPTANCE OF GIFTS/FAVORS. ANY BOD MEMBER WHO FAILS TO DISCLOSE A CONFLICT OF INTEREST MAY BE SUBJECT TO REMOVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STARKEY SHELTERED LIVING, INC MAKES ITS GOVERNING DOCUMENTS, SIGNED CONFLICT OF INTEREST STATEMENT AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY ALLOWING INSPECTION OF THE DOCUMENTS AT THE OFFICE OF THE ORGANIZATION (DON WIESNER, CFO, C/O STARKEY INC, 4500 W MAPLE, WICHITA, KS 67209) AND BY PROVIDING COPIES UPON REQUEST.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.96$0.13$2.83$1.07$0.73$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.83$0.35$2.48$1.10$0.65$0.44
2022Detailed filing. Detailed filing data is available for this year.$2.91$0.87$2.04$0.76$0.62$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.03$1.12$1.90$0.85$0.58$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.97$1.34$1.64$0.87$0.60$0.27
2019Detailed filing. Detailed filing data is available for this year.$2.95$1.58$1.37$0.89$0.63$0.26
2018Detailed filing. Detailed filing data is available for this year.$2.94$1.84$1.11$0.73$0.81$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.94$1.84$1.11$0.73$0.81$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.51$2.32$1.19$0.78$0.60$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.05$2.04$1.02$0.84$0.60$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.02$2.24$0.78$0.87$0.68$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.02$2.43$0.59$0.87$0.82$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$2.55$0.54$0.68$0.70$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$2.68$0.57$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$2.84$0.42$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$2.99$0.29$0.76