Civic Intelligence

The Methodist Oaks

990 • Fiscal year 2017 • EIN 57-0342656

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 01, 2018

Post Office Box 327Orangeburg, SC 29116

(803) 534-1212

Siviq Scores

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

Liabilities / Assets

81st percentile

0.66x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.64x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

22nd percentile

-4.6%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

23rd percentile

-2.0%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-2.3%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$20,293,907

Down $414,189 (-2.0%) from 2016

Net Assets

Down

$6,945,923

Down $722,897 (-9.4%) from 2016

Liabilities

Up

$13,347,984

Up $308,708 (+2.4%) from 2016

Revenue

Down

$20,916,463

Down $487,794 (-2.3%) from 2016

Expenses

Down

$21,884,433

Down $1,255,778 (-5.4%) from 2016

Net Income

Up

-$967,970

Up $767,984 (+44%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $24,421,930Liabilities 2010: $13,575,647Net Assets 2010: $10,846,2832010Assets 2011: $23,594,165Liabilities 2011: $12,778,028Net Assets 2011: $10,816,1372011Assets 2012: $23,471,808Liabilities 2012: $11,604,293Net Assets 2012: $11,867,5152012Assets 2013: $23,905,073Liabilities 2013: $12,148,468Net Assets 2013: $11,756,6052013Assets 2014: $22,843,311Liabilities 2014: $13,055,330Net Assets 2014: $9,787,9812014Assets 2015: $21,972,021Liabilities 2015: $12,857,826Net Assets 2015: $9,114,1952015Assets 2016: $20,708,096Liabilities 2016: $13,039,276Net Assets 2016: $7,668,8202016Assets 2017: $20,293,907Liabilities 2017: $13,347,984Net Assets 2017: $6,945,9232017Assets 2018: $19,552,350Liabilities 2018: $17,153,258Net Assets 2018: $2,399,0922018Assets 2019: $18,460,995Liabilities 2019: $17,578,787Net Assets 2019: $882,2082019Assets 2020: $16,972,946Liabilities 2020: $15,140,934Net Assets 2020: $1,832,0122020Assets 2021: $1,679,671Liabilities 2021: $1,493,531Net Assets 2021: $186,1402021Assets 2022: $758,969Liabilities 2022: $71,509Net Assets 2022: $687,4602022Assets 2023: $441,826Liabilities 2023: $0Net Assets 2023: $441,8262023Assets 2024: $313,476Liabilities 2024: $0Net Assets 2024: $313,4762024Assets 2025: $128,680Liabilities 2025: $0Net Assets 2025: $128,6802025

Highlighted filing

2017

Assets$20,293,907
Liabilities$13,347,984
Net Assets$6,945,923

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $19,046,6422010Expenses 2011: $19,474,2172011Expenses 2012: $19,814,0002012Expenses 2013: $23,012,5992013Revenue 2014: $22,678,980Expenses 2014: $24,491,391Net Income 2014: -$1,812,4112014Revenue 2015: $23,137,465Expenses 2015: $24,080,871Net Income 2015: -$943,4062015Revenue 2016: $21,404,257Expenses 2016: $23,140,211Net Income 2016: -$1,735,9542016Revenue 2017: $20,916,463Expenses 2017: $21,884,433Net Income 2017: -$967,9702017Revenue 2018: $18,518,923Expenses 2018: $22,975,640Net Income 2018: -$4,456,7172018Revenue 2019: $19,204,703Expenses 2019: $19,828,507Net Income 2019: -$623,8042019Revenue 2020: $19,269,827Expenses 2020: $18,316,497Net Income 2020: $953,3302020Revenue 2021: $14,292,977Expenses 2021: $12,848,400Net Income 2021: $1,444,5772021Revenue 2022: $3,418,335Expenses 2022: $2,917,015Net Income 2022: $501,3202022Revenue 2023: $0Expenses 2023: $245,634Net Income 2023: -$245,6342023Revenue 2024: $161,370Expenses 2024: $128,350Net Income 2024: $33,0202024Revenue 2025: $0Expenses 2025: $184,796Net Income 2025: -$184,7962025

Highlighted filing

2017

Revenue$20,916,463
Expenses$21,884,433
Net Income-$967,970
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 1, 2018
Return Version
2016v3.1
Gross Receipts
$21,373,937
Mission and Program Overview

Mission

To provide superior continuing care retirement living and a working environment that nourishes the human spirit and preserves personal dignity by addressing the whole person in an atmosphere which witnesses christian values and love.

Medical care and facilities for aged persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,772,961$14,439,780▼ $333,181
Investments in Publicly Traded Securities$3,301,194$3,499,209▲ $198,015
Cash and Non-Interest-Bearing Accounts$1,139,280$1,176,796▲ $37,516
Accounts Receivable$1,066,417$797,212▼ $269,205
Intangible Assets$205,841$199,289▼ $6,552
Prepaid Expenses and Deferred Charges$168,915$103,646▼ $65,269
Inventories for Sale or Use$53,488$77,975▲ $24,487
Total Assets$20,708,096$20,293,907▼ $414,189
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,130,232$6,036,035▼ $94,197
Deferred Revenue$3,519,925$3,784,146▲ $264,221
Accounts Payable and Accrued Expenses$2,242,756$2,195,697▼ $47,059
Other Liabilities$1,146,363$1,332,106▲ $185,743
Total Liabilities$13,039,276$13,347,984▲ $308,708
Net Assets / Fund Balance
Unrestricted Net Assets$5,427,682$4,737,989▼ $689,693
Temporarily Rstr Net Assets$1,890,502$1,857,298▼ $33,204
Permanently Rstr Net Assets$350,636$350,636→ $0
Total Net Assets Fund Balance$7,668,820$6,945,923▼ $722,897
Total Liabilities and Net Assets / Fund Balance$20,708,096$20,293,907▼ $414,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,507,453$22,904,103$35,411,556
Equipment$461,774$4,528,163$4,989,937
Leasehold Improvements$306,655$1,655,867$1,962,522
Land$1,059,417-$1,059,417
Other Land Buildings$104,481$689,485$793,966

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$3,268,863$110,992▲ $40,678$24,422$3,396,111
2015$2,942,573$268,461▲ $63,355$5,526$3,268,863
2014$3,182,687$205,352▲ $34,762-$2,942,573
2013$2,947,297-▲ $235,390-$3,182,687
2012$2,567,638-▲ $215,844-$2,783,482
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert M JonesPace DoctorFT$209,898$209,898
Andy CoxCEOFT$143,691$143,691
Elaine TillVP of MedicaFT$122,308$122,308
Cynthia SimpsonControllerFT$92,885$92,885
Elizabeth LivingstonDirectorFT$79,692$79,692
April ParlerExmgrFT$71,350$71,350

Highest Paid Contractors

ContractorServicesLocationCompensation
Heritage Healthcare LLCTherapy536 OLD HOWELL ROAD, Greenville, SC 29615$860,404
Gw Berry Realty Construction INCConstruction1285 BOULEVARD STREET, Orangeburg, SC 29115$547,997
Kudzu Staffing Of Columbia INCTemp StaffingPO BOX 51627, Powdersville, SC 29673$100,133
Revenue and Support

Revenue Composition

Contributions and Grants
$525,024
Program Service Revenue
$19,921,015
Investment Income
$80,309
Other Revenue
$390,115
All Other Contributions
$525,024
Change in Net Assets
$-967,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,916,463
Revenue Not Reported on Form 990
$228,221
Total Revenue per Audited Statements
$21,144,684
Total Revenue per Form 990
$20,916,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,234,967
Salaries, Compensation, and Employee Benefits$9,649,466
Total Fundraising Expense$15,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,690,257$1,171,855$15,817$7,877,929
Occupancy$2,067,809$150,273-$2,218,082
Other Employee Benefits$1,336,889--$1,336,889
Depreciation Depletion$366,779$742,765-$1,109,544
Insurance$302,148$207,888-$510,036
All Other Expenses$163,399$336,503$50$499,952
Other Expenses$233,945$129,566-$363,511
Interest$270,089$55,433-$325,522
Payroll Taxes$240,519--$240,519
Current Officers, Directors, Trustees, and Key Employees$194,129--$194,129
Advertising$49,692$33,336$21$83,049
Travel$62,907$9,269-$72,176
Fees for Services Accounting-$48,347-$48,347
Fees for Services Legal-$26,376-$26,376
Total Functional Expenses$18,803,958$3,064,587$15,888$21,884,433

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,884,433
Expenses per Audited Statements$21,867,581
Total Expenses per Audited Statements$21,867,581
Expenses Not Reported on Financial Statements$16,852
Other Expense Adjustments$16,852
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Charlie H Williams IiiBoard MemberLegal CounselNo$12,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$1,227,103
Capital Lease$105,003
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
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 form 990 is reviewed and signed by the ceo.

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

All officers, directors or committee members shall annually complete conflict of interest disclosure statement.

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

The methodist oaks relies on state and national association compensation reports in the setting of the salary of the ceo and key employees. The board of the methodist oaks is informed of the salary level.

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

The human resources department of the methodist oaks researches a job description that most accurately describes the duties of the key employee and researches state and national association compensation survey to advise the ceo of appropriate pay ranges. The ceo is responsible for the final establishing of the salary. Salaries of all employees are available to the board of trustees of the methodist oaks.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Methodist Oaks
EIN
57-0342656
Phone
8035341212
Address
POST OFFICE BOX 327, ORANGEBURG, SC 29116

Signing Officer

Name
Andy Cox
Title
CEO
Phone
8035341212
Signed
2018-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Cox
Formed
1956
Legal Domicile
Sc
Voting Board Members
21
Independent Board Members
21
Employees
433

Preparer

Firm
The Brittingham Group Llp
Address
PO BOX 5949, WEST COLUMBIA, SC 29171-5949
Preparer
Harry D Deloach
Phone
8037393090
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide superior continuing care retirement living and a working environment that nourishes the human spirit and preserves personal dignity by addressing the whole person in an atmosphere which witnesses christian values and love.

Form 990, Part XI, Line 9

Allowance for bad debts 16,852

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The methodist oak's endowment consists of 8 indivdual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments.

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

Allowance for bad debts 16,852

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IRS990/Form990PartVIISectionAGrp/PersonNm8MR CHAD KEEFER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXMGR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt25EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt26EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP OF MEDICA
IRS990/Form990PartVIISectionAGrp/TitleTxt28CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt29PACE DOCTOR
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IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt047559
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/MissionDesc0TO PROVIDE SUPERIOR CONTINUING CARE RETIREMENT LIVING AND A WORKING ENVIRONMENT THAT NOURISHES THE HUMAN SPIRIT AND PRESERVES PERSONAL DIGNITY BY ADDRESSING THE WHOLE PERSON IN AN ATMOSPHERE WHICH WITNESSES CHRISTIAN VALUES AND LOVE.
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IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3OTHER OPERATING
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt152062

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.00$0.18$0.18
2024Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.16$0.13$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.00$0.25$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.07$0.69$3.42$2.92$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$1.49$0.19$14.3$12.8$1.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$15.1$1.83$19.3$18.3$0.95
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$17.6$0.88$19.2$19.8$0.62
2018Summary only. Only limited summary data is available for this year.$19.6$17.2$2.40$18.5$23.0$4.46
2017Detailed filing. Detailed filing data is available for this year.$20.3$13.3$6.95$20.9$21.9$0.97
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$13.0$7.67$21.4$23.1$1.74
2015Summary only. Only limited summary data is available for this year.$22.0$12.9$9.11$23.1$24.1$0.94
2014Detailed filing. Detailed filing data is available for this year.$22.8$13.1$9.79$22.7$24.5$1.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$12.1$11.8$23.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$11.6$11.9$19.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$12.8$10.8$19.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$13.6$10.8$19.0