Civic Intelligence

Indian River Senior Center Inc

EIN 51-0117188 • 501(c)3 • Millsboro, DE

Profile

To provide social, educational, recreational, physical and emotional support and entertainment to seniors.

214 Irons AvenueMillsboro, DE 19966

indianriverseniorcenterde.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.65x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.64x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

86%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,370,487

Up $180,930 (+15%) from 2023

Liabilities

Down

$884,232

Down $9,560 (-1.1%) from 2023

Net Assets

Up

$486,255

Up $190,490 (+64%) from 2023

Revenue

Up

$538,853

Up $249,365 (+86%) from 2023

Expenses

Up

$348,363

Up $46,517 (+15%) from 2023

Net Income

Up

$190,490

Up $202,848 (+1641%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,401,153Liabilities 2011: $1,074,218Net Assets 2011: $326,9352011Assets 2012: $1,395,819Liabilities 2012: $1,062,581Net Assets 2012: $333,2382012Assets 2013: $1,364,620Liabilities 2013: $1,050,224Net Assets 2013: $314,3962013Assets 2015: $1,311,884Liabilities 2015: $1,027,966Net Assets 2015: $283,9182015Assets 2017: $1,249,900Liabilities 2017: $996,487Net Assets 2017: $253,4132017Assets 2018: $1,215,326Liabilities 2018: $987,141Net Assets 2018: $228,1852018Assets 2019: $1,210,444Liabilities 2019: $973,570Net Assets 2019: $236,8742019Assets 2020: $1,252,567Liabilities 2020: $976,367Net Assets 2020: $276,2002020Assets 2021: $1,248,837Liabilities 2021: $935,637Net Assets 2021: $313,2002021Assets 2022: $1,224,230Liabilities 2022: $916,107Net Assets 2022: $308,1232022Assets 2023: $1,189,557Liabilities 2023: $893,792Net Assets 2023: $295,7652023Assets 2024: $1,370,487Liabilities 2024: $884,232Net Assets 2024: $486,2552024

Highlighted filing

2024

Assets$1,370,487
Liabilities$884,232
Net Assets$486,255

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $196,688Expenses 2011: $262,212Net Income 2011: -$65,5242011Revenue 2012: $263,405Expenses 2012: $263,741Net Income 2012: -$3362012Revenue 2013: $265,119Expenses 2013: $283,961Net Income 2013: -$18,8422013Revenue 2015: $303,902Expenses 2015: $312,065Net Income 2015: -$8,1632015Revenue 2017: $315,509Expenses 2017: $334,578Net Income 2017: -$19,0692017Revenue 2018: $354,719Expenses 2018: $361,920Net Income 2018: -$7,2012018Revenue 2019: $356,505Expenses 2019: $347,816Net Income 2019: $8,6892019Revenue 2020: $360,764Expenses 2020: $321,438Net Income 2020: $39,3262020Revenue 2021: $311,776Expenses 2021: $274,776Net Income 2021: $37,0002021Revenue 2022: $288,963Expenses 2022: $294,040Net Income 2022: -$5,0772022Revenue 2023: $289,488Expenses 2023: $301,846Net Income 2023: -$12,3582023Revenue 2024: $538,853Expenses 2024: $348,363Net Income 2024: $190,4902024

Highlighted filing

2024

Revenue$538,853
Expenses$348,363
Net Income$190,490

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 7, 2025
Return Version
2023v6.0
Gross Receipts
$542,355
Mission and Program Overview

Mission

To conduct activities for education,recreation and entertainment for the senior citizens of the millsboro area and southeast sussex county delaware.

To provide social, educational, recreational, physical and emotional support and entertainment to seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$914,370$912,129▼ $2,241
Savings and Temporary Cash Investments$130,043$303,968▲ $173,925
Cash and Non-Interest-Bearing Accounts$145,144$18,390▼ $126,754
Total Assets$1,189,557$1,370,487▲ $180,930
Other Assets Total-$136,000-
Liabilities
Mortgage Notes Payable Secured by Investment Property$891,510$871,735▼ $19,775
Accounts Payable and Accrued Expenses$1,638$9,755▲ $8,117
Other Liabilities$644$2,742▲ $2,098
Total Liabilities$893,792$884,232▼ $9,560
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$291,262$330,626▲ $39,364
Net Assets With Donor Restrictions$4,503$155,629▲ $151,126
Total Net Assets Fund Balance$295,765$486,255▲ $190,490
Total Liabilities and Net Assets / Fund Balance$1,189,557$1,370,487▲ $180,930

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$713,821$554,076$1,267,897
Land$153,620-$153,620
Other Land Buildings$41,558$104,255$145,813
Equipment$3,130$6,913$10,043
Other Assets Org$136,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael ConnellyPresident
E Buffy SpencerDirector
Mitch RogersDirector
Pete CollinsDirector
Pete GilmoreDirector
Meredith SmithSecretary
Charles DrummondTreasurer
Robert DoughtyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$392,958
Program Service Revenue
$90,587
Investment Income
$7,756
Other Revenue
$47,552
All Other Contributions
$8,846
Change in Net Assets
$190,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$251,495
Salaries, Compensation, and Employee Benefits$96,868
Total Fundraising Expense$8,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,722$4,125$1,538$93,385
Depreciation Depletion$38,329$4,458$1,783$44,570
Interest$32,428$3,771$1,508$37,707
Occupancy$26,153$3,041$1,216$30,410
All Other Expenses$18,078--$18,078
Other Expenses$11,641$2,325$930$11,641
Fees for Services Accounting-$9,024-$9,024
Insurance$7,020$816$326$8,162
Office Expenses-$5,718-$5,718
Payroll Taxes$3,049$316$118$3,483
Advertising-$1,898-$1,898
Total Functional Expenses$302,100$37,886$8,377$348,363
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$30,680
Fundraising Direct Expenses$140
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$30,680$30,680$140$30,540
Total Events$30,680$30,680$140$30,540
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$2,742
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The board of directors reviews the 990 before submission to the irs.

Form 990, Page 6, Part VI, Line 15A

There is an annual review done and compensation is determined by the budget.

Form 990, Page 6, Part VI, Line 19

The 990 is available on guidestar website.

Filing and Contact Details

Filer

Filer Name
Indian River Senior Center Inc
EIN
51-0117188
Phone
3029348839
Address
214 IRONS AVENUE, MILLSBORO, DE 19966

Signing Officer

Name
Michael Connelly
Title
President
Phone
3029348839
Signed
2025-03-07

Organization Details

Principal Officer
Michael Connelly
Formed
1971
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
50

Preparer

Firm
Atlantic Blue Advisors LLC
Address
34382 CARPENTERS WAY STE 6, LEWES, DE 19958-4919
Preparer
Sarah E Dill
Phone
3026445990
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0305421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0269369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01406112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020555
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02150
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018769
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt089820
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0160863
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt030680
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013635
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt024572
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03731
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt072627
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0145245
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85680
IRS990ScheduleA/PublicSupportPY170Pct00.87050
IRS990ScheduleA/PublicSupportTotal170Amt01406112
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0392958
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0194527
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0305421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0269369
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01406112
IRS990ScheduleA/TotalSupportAmt01641177
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0713821
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0554076
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01267897
IRS990ScheduleD/EquipmentGrp/BookValueAmt03130
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010043
IRS990ScheduleD/LandGrp/BookValueAmt0153620
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0153620
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0136000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041558
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0104255
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0145813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02742
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0912129
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0136000
IRS990ScheduleD/TotalLiabilityAmt02742
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0140
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030680
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030680
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030680
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030680
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030540
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0140
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0140
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS AN ANNUAL REVIEW DONE AND COMPENSATION IS DETERMINED BY THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS AVAILABLE ON GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01189557
IRS990/TotalAssetsEOYAmt01370487
IRS990/TotalAssetsGrp/BOYAmt01189557
IRS990/TotalAssetsGrp/EOYAmt01370487
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0392958
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08377
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037886
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0302100
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348363
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0893792
IRS990/TotalLiabilitiesEOYAmt0884232
IRS990/TotalLiabilitiesGrp/BOYAmt0893792
IRS990/TotalLiabilitiesGrp/EOYAmt0884232
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0295765
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0486255
IRS990/TotalProgramServiceExpensesAmt0302100
IRS990/TotalProgramServiceRevenueAmt090587
IRS990/TotalRevenueGrp/ExclusionAmt055308
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090587
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0538853
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01189557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01370487
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0INDIANRIVERSENIORCENTERDE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CONNELLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03029348839
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIAN RIVER SENIOR CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0510117188
ReturnHeader/Filer/PhoneNum03029348839
ReturnHeader/Filer/USAddress/AddressLine1Txt0214 IRONS AVENUE
ReturnHeader/Filer/USAddress/CityNm0MILLSBORO

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