Civic Intelligence

Edgewood Summit Inc.

990 • Fiscal year 2013 • EIN 55-0701159

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 11, 2013

300 Baker Lane25302
Siviq Scores

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

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

87th percentile

22%

Faster asset growth than 87% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$39,916,415

Up $7,123,090 (+22%) from 2012

Net Assets

Down

$2,709,810

Down $3,580,022 (-57%) from 2012

Liabilities

Up

$37,206,605

Up $10,703,112 (+40%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$7,226,860

Up $327,661 (+4.7%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $25,906,219Liabilities 2010: $26,947,419Net Assets 2010: -$1,041,2002010Assets 2011: $32,601,001Liabilities 2011: $26,724,634Net Assets 2011: $5,876,3672011Assets 2012: $32,793,325Liabilities 2012: $26,503,493Net Assets 2012: $6,289,8322012Assets 2013: $39,916,415Liabilities 2013: $37,206,605Net Assets 2013: $2,709,8102013Assets 2014: $44,890,523Liabilities 2014: $41,279,159Net Assets 2014: $3,611,3642014Assets 2015: $43,446,953Liabilities 2015: $41,160,947Net Assets 2015: $2,286,0062015Assets 2016: $42,524,166Liabilities 2016: $42,413,459Net Assets 2016: $110,7072016Assets 2017: $42,616,634Liabilities 2017: $40,622,333Net Assets 2017: $1,994,3012017Assets 2018: $42,669,188Liabilities 2018: $39,718,481Net Assets 2018: $2,950,7072018Assets 2019: $41,508,405Liabilities 2019: $38,929,705Net Assets 2019: $2,578,7002019Assets 2020: $40,936,997Liabilities 2020: $40,586,386Net Assets 2020: $350,6112020Assets 2021: $43,260,882Liabilities 2021: $37,758,405Net Assets 2021: $5,502,4772021Assets 2022: $39,768,204Liabilities 2022: $36,679,910Net Assets 2022: $3,088,2942022Assets 2023: $39,518,993Liabilities 2023: $36,280,158Net Assets 2023: $3,238,8352023

Highlighted filing

2013

Assets$39,916,415
Liabilities$37,206,605
Net Assets$2,709,810

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,286,2552010Expenses 2011: $6,569,3932011Expenses 2012: $6,899,1992012Expenses 2013: $7,226,8602013Revenue 2014: $9,660,681Expenses 2014: $10,256,202Net Income 2014: -$595,5212014Revenue 2015: $11,553,463Expenses 2015: $11,930,979Net Income 2015: -$377,5162015Revenue 2016: $12,217,959Expenses 2016: $11,919,692Net Income 2016: $298,2672016Revenue 2017: $11,922,281Expenses 2017: $12,289,032Net Income 2017: -$366,7512017Revenue 2018: $12,577,093Expenses 2018: $12,345,042Net Income 2018: $232,0512018Revenue 2019: $12,875,019Expenses 2019: $12,248,365Net Income 2019: $626,6542019Revenue 2020: $12,430,369Expenses 2020: $12,447,156Net Income 2020: -$16,7872020Revenue 2021: $14,638,696Expenses 2021: $12,429,625Net Income 2021: $2,209,0712021Revenue 2022: $13,418,785Expenses 2022: $13,463,097Net Income 2022: -$44,3122022Revenue 2023: $13,146,344Expenses 2023: $13,927,059Net Income 2023: -$780,7152023

Highlighted filing

2013

Revenue-
Expenses$7,226,860
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 11, 2013
Return Version
2012v2.1
Gross Receipts
$14,437,849
Mission and Program Overview

Mission

The Organization's primary exempt function is to provide, on a non-profit basis, long-term care facilities in the state of West Virginia specifically designed to meet the physical, social and psychological needs of elderly and infirm persons, including but not limited to housing, buildings, structures, equipment, furnishings, programs and related health and other services contributing to their health, security, happiness and physical and mental well-being.The mission of Edgewood Summit is to provide an attractive, caring, comfortable senior living community. A secure environment and quality service that will be the hallmark of this community.

Major Activities

Activity 2
The Organization performs the following community services:1. The Organiation has been in operation for 18 years. Apartments are upgraded when turnover occurs including fresh paint, new carpet. New enhancements are implemented to upgrade appliances in kitchens upon turnover. The old appliances (electric ranges, refrigerators, dishwashers) are donated to Habitat for Humanity Restore. The Organization turned over approximately 30 units this past fiscal year. Total expenses incurred for these activities were $350.2. As apartments turnover, the Organization's Marketing Department inventories items left in each unit. They coordinate donation of usable items to various charitable organizations in our area such as: Salvation Army, Goodwill and Mountain Mission. The Organization turned over approximately 30 units this past fiscal year. Total expenses incurred for these activities were $232.3. Annually the Organization participates in the following charitable activities: a. Food Drive for Manna Meal, b. Clothing Drive for Covenant House, c. Read-A-Loud labeling 10,000 magazines for schools throughout the state, d. Butterfly Release proceeds to American Lung Association, e. Habitat for Humanity Information Flyer labeling over 200, f. Red Hat Mama's preparing and distributing 200 treat bags for children at Women and Children's Hospital, and g. Stuffing 15,000 Easter Eggs with treats for City of Charleston Easter Egg Hunt.Total expenses incurred for these activities were $1,062.The total expenses for the above charity work were $1,644 and relate to labor costs only.
Filing and Contact Details

Filer

EIN
55-0701159
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IRS990/Activity2/Description0The Organization performs the following community services:1. The Organiation has been in operation for 18 years. Apartments are upgraded when turnover occurs including fresh paint, new carpet. New enhancements are implemented to upgrade appliances in kitchens upon turnover. The old appliances (electric ranges, refrigerators, dishwashers) are donated to Habitat for Humanity Restore. The Organization turned over approximately 30 units this past fiscal year. Total expenses incurred for these activities were $350.2. As apartments turnover, the Organization's Marketing Department inventories items left in each unit. They coordinate donation of usable items to various charitable organizations in our area such as: Salvation Army, Goodwill and Mountain Mission. The Organization turned over approximately 30 units this past fiscal year. Total expenses incurred for these activities were $232.3. Annually the Organization participates in the following charitable activities: a. Food Drive for Manna Meal, b. Clothing Drive for Covenant House, c. Read-A-Loud labeling 10,000 magazines for schools throughout the state, d. Butterfly Release proceeds to American Lung Association, e. Habitat for Humanity Information Flyer labeling over 200, f. Red Hat Mama's preparing and distributing 200 treat bags for children at Women and Children's Hospital, and g. Stuffing 15,000 Easter Eggs with treats for City of Charleston Easter Egg Hunt.Total expenses incurred for these activities were $1,062.The total expenses for the above charity work were $1,644 and relate to labor costs only.
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IRS990/OtherExpensesCurrentYear04336435
IRS990/OtherExpenses/Description0Taxes
IRS990/OtherExpenses/Description1Licenses permits & fees
IRS990/OtherExpenses/Description2Dues and subscriptions
IRS990/OtherExpenses/Description3Bad Debt
IRS990/OtherExpenses/ManagementAndGeneral010565
IRS990/OtherExpenses/ManagementAndGeneral14010
IRS990/OtherExpenses/ManagementAndGeneral21726
IRS990/OtherExpenses/ManagementAndGeneral30
IRS990/OtherExpenses/ProgramServices063943
IRS990/OtherExpenses/ProgramServices124266
IRS990/OtherExpenses/ProgramServices210443
IRS990/OtherExpenses/ProgramServices39381
IRS990/OtherExpenses/Total074508
IRS990/OtherExpenses/Total128276
IRS990/OtherExpenses/Total212169
IRS990/OtherExpenses/Total39381
IRS990/OtherLiabilities/BOY00
IRS990/OtherLiabilities/EOY05263512
IRS990/OtherRevenueCurrentYear013501
IRS990/OtherRevenuePriorYear0200817
IRS990/OtherSalariesAndWages/ManagementAndGeneral0315986
IRS990/OtherSalariesAndWages/ProgramServices01912407
IRS990/OtherSalariesAndWages/Total02228393
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/ManagementAndGeneral026474
IRS990/PayrollTaxes/ProgramServices0160226
IRS990/PayrollTaxes/Total0186700
IRS990/PensionPlanContributions/ManagementAndGeneral01902
IRS990/PensionPlanContributions/ProgramServices011513
IRS990/PensionPlanContributions/Total013415
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY0160544
IRS990/PrepaidExpensesDeferredCharges/EOY0243069
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0623990
IRS990/ProgramServiceRevenueCY07068851
IRS990/ProgramServiceRevenue/Description0Resident services
IRS990/ProgramServiceRevenuePriorYear07117550
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome07068851
IRS990/ProgramServiceRevenue/TotalRevenueColumn07068851
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges0-4899145
IRS990/ReconcilationRevenueExpenses0447549
IRS990/ReconciliationUnrealizedInvest0871574
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/RentalIncomeOrLoss/Real011594
IRS990/ReportFin48Footnote00
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/Revenue07082352
IRS990/RevenuesLessExpensesCY0447549
IRS990/RevenuesLessExpensesPriorYear0929557
IRS990/SalariesEtcCurrentYear02890425
IRS990/SalariesEtcPriorYear02698660
IRS990/SavingsAndTempCashInvestments/BOY01289734
IRS990/SavingsAndTempCashInvestments/EOY02926526
IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years04668763

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$39.5$36.3$3.24$13.1$13.9$0.78
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.8$36.7$3.09$13.4$13.5$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.3$37.8$5.50$14.6$12.4$2.21
2020Summary only. Only limited summary data is available for this year.$40.9$40.6$0.35$12.4$12.4$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$38.9$2.58$12.9$12.2$0.63
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.7$39.7$2.95$12.6$12.3$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.6$40.6$1.99$11.9$12.3$0.37
2016Detailed filing. Detailed filing data is available for this year.$42.5$42.4$0.11$12.2$11.9$0.30
2015Detailed filing. Detailed filing data is available for this year.$43.4$41.2$2.29$11.6$11.9$0.38
2014Detailed filing. Detailed filing data is available for this year.$44.9$41.3$3.61$9.66$10.3$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.9$37.2$2.71$7.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$26.5$6.29$6.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$26.7$5.88$6.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$26.9$1.04$6.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $25M-$50M nonprofits