Civic Intelligence

Boley Centers Inc.

990 • Fiscal year 2017 • EIN 59-1290089

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 27, 2018

445 31st Street NorthSt Petersburg, FL 33713

(727) 821-4819

Siviq Scores

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

Liabilities / Assets

69th percentile

0.44x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

0.43x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

33rd percentile

-0.4%

Higher net margin than 33% of similar nonprofits.

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

Top Officer Pay

44th percentile

$157,501

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

23rd percentile

-2.2%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

44th percentile

2.8%

Faster revenue growth than 44% of similar nonprofits.

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

Assets

Down

$17,467,764

Down $390,370 (-2.2%) from 2016

Net Assets

Down

$9,736,950

Down $50,831 (-0.5%) from 2016

Liabilities

Down

$7,730,814

Down $339,539 (-4.2%) from 2016

Revenue

Up

$17,864,000

Up $486,923 (+2.8%) from 2016

Expenses

Up

$17,932,804

Up $819,965 (+4.8%) from 2016

Net Income

Down

-$68,804

Down $333,042 (-126%) 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: $15,583,036Liabilities 2010: $6,600,832Net Assets 2010: $8,982,2042010Assets 2011: $17,107,253Liabilities 2011: $7,704,877Net Assets 2011: $9,402,3762011Assets 2012: $17,893,974Liabilities 2012: $8,297,295Net Assets 2012: $9,596,6792012Assets 2013: $17,613,987Liabilities 2013: $8,148,214Net Assets 2013: $9,465,7732013Assets 2014: $16,688,019Liabilities 2014: $7,268,274Net Assets 2014: $9,419,7452014Assets 2015: $17,995,705Liabilities 2015: $8,455,056Net Assets 2015: $9,540,6492015Assets 2016: $17,858,134Liabilities 2016: $8,070,353Net Assets 2016: $9,787,7812016Assets 2017: $17,467,764Liabilities 2017: $7,730,814Net Assets 2017: $9,736,9502017Assets 2018: $17,378,061Liabilities 2018: $7,768,229Net Assets 2018: $9,609,8322018Assets 2019: $17,354,290Liabilities 2019: $8,332,865Net Assets 2019: $9,021,4252019Assets 2020: $17,949,979Liabilities 2020: $9,981,939Net Assets 2020: $7,968,0402020Assets 2021: $18,275,440Liabilities 2021: $8,830,251Net Assets 2021: $9,445,1892021Assets 2022: $18,308,850Liabilities 2022: $9,174,945Net Assets 2022: $9,133,9052022Assets 2023: $20,008,502Liabilities 2023: $10,902,432Net Assets 2023: $9,106,0702023Assets 2024: $19,687,282Liabilities 2024: $11,377,817Net Assets 2024: $8,309,4652024

Highlighted filing

2017

Assets$17,467,764
Liabilities$7,730,814
Net Assets$9,736,950

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $16,724,8822010Expenses 2011: $16,839,7112011Expenses 2012: $16,904,1292012Expenses 2013: $15,906,4122013Revenue 2014: $15,701,902Expenses 2014: $15,735,199Net Income 2014: -$33,2972014Revenue 2015: $16,095,424Expenses 2015: $15,956,737Net Income 2015: $138,6872015Revenue 2016: $17,377,077Expenses 2016: $17,112,839Net Income 2016: $264,2382016Revenue 2017: $17,864,000Expenses 2017: $17,932,804Net Income 2017: -$68,8042017Revenue 2018: $18,267,551Expenses 2018: $18,378,014Net Income 2018: -$110,4632018Revenue 2019: $18,528,947Expenses 2019: $19,081,052Net Income 2019: -$552,1052019Revenue 2020: $18,019,859Expenses 2020: $18,945,534Net Income 2020: -$925,6752020Revenue 2021: $21,279,040Expenses 2021: $19,820,109Net Income 2021: $1,458,9312021Revenue 2022: $20,169,482Expenses 2022: $20,480,766Net Income 2022: -$311,2842022Revenue 2023: $23,337,992Expenses 2023: $23,289,229Net Income 2023: $48,7632023Revenue 2024: $22,227,543Expenses 2024: $23,072,517Net Income 2024: -$844,9742024

Highlighted filing

2017

Revenue$17,864,000
Expenses$17,932,804
Net Income-$68,804
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 27, 2018
Return Version
2016v3.1
Gross Receipts
$18,655,121
Mission and Program Overview

Mission

Boley centers' mission is to enrich the lives of people in recovery by providing the highest quality treatment, rehabilitation, employment and housing services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,918,092$11,565,945▼ $352,147
Cash and Non-Interest-Bearing Accounts$1,862,808$1,842,250▼ $20,558
Pledges and Grants Receivable$1,819,618$1,724,103▼ $95,515
Prepaid Expenses and Deferred Charges$167,385$165,973▼ $1,412
Inventories for Sale or Use$129,460$160,814▲ $31,354
Investments in Publicly Traded Securities$85,866$87,959▲ $2,093
Accounts Receivable$28,431$24,866▼ $3,565
Intangible Assets$10,753$9,687▼ $1,066
Total Assets$17,858,134$17,467,764▼ $390,370
Other Assets Total$1,835,721$1,886,167▲ $50,446
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,082,496$6,640,441▼ $442,055
Accounts Payable and Accrued Expenses$941,637$1,045,598▲ $103,961
Deferred Revenue$46,220$44,775▼ $1,445
Total Liabilities$8,070,353$7,730,814▼ $339,539
Net Assets / Fund Balance
Unrestricted Net Assets$9,612,796$9,596,805▼ $15,991
Temporarily Rstr Net Assets$174,985$140,145▼ $34,840
Total Net Assets Fund Balance$9,787,781$9,736,950▼ $50,831
Total Liabilities and Net Assets / Fund Balance$17,858,134$17,467,764▼ $390,370

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,774,606$7,393,290$15,167,896
Land$3,517,494-$3,517,494
Equipment$202,700$1,219,258$1,421,958
Other Land Buildings$51,383$993,666$1,045,049
Leasehold Improvements$19,762$291,933$311,695
Other Assets Org$8,908--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary MacmathCEOFT$131,908$25,593$157,501
Miriam NordlingerCOOFT$97,140$3,625$100,765
Nancy RecvloheVP of FinancFT$91,554$8,834$100,388
Jack HumburgExec VP HousPT$79,770$19,844$99,614

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Syed K Zaidi MdPsychiatrist6445 98TH AVE N, Pinellas Park, FL 33782$177,890
Revenue and Support

Revenue Composition

Contributions and Grants
$14,996,138
Program Service Revenue
$2,788,186
Investment Income
$32,831
Other Revenue
$46,845
All Other Contributions
$496,931
Change in Net Assets
$-68,804

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$455,222Principal Balance
Clothing and Household Goods-$99,779Fair Market Value (FMV) of Thrift Shop Sales
Total Noncash Contributions1$555,001-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,351,313
Revenue Not Reported on Financial Statements
$1,512,687
Revenue Not Reported on Form 990
$2,602,208
Other Revenue Adjustments
$1,512,687
Total Revenue per Audited Statements
$18,953,521
Total Revenue per Form 990
$17,864,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,610,908
Other Expenses$5,253,668
Grants and Similar Amounts Paid$4,068,228
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,216,267$449,225-$6,665,492
Grants to Domestic Individuals$3,485,708--$3,485,708
Fees for Services Management$110,239$807,579-$917,818
Other Employee Benefits$772,812$87,715-$860,527
All Other Expenses$539,407$117,667-$657,074
Depreciation Depletion$523,382$88,782-$612,164
Grants to Domestic Orgs$582,520--$582,520
Occupancy$549,967$24,128-$574,095
Payroll Taxes$491,927$61,036-$552,963
Current Officers, Directors, Trustees, and Key Employees$66,119$374,673-$440,792
Fees for Services Other$234,901$205,038-$439,939
Other Expenses$272,717$42,344-$272,717
Insurance$150,869$24,427-$175,296
Office Expenses$141,047$29,523-$170,570
Fees for Services Accounting$23,883$121,911-$145,794
Travel$102,701$13,168-$115,869
Pension Plan Contributions$82,261$8,873-$91,134
Fees for Services Legal$1,362$4,501-$5,863
Interest$1,081--$1,081
Total Functional Expenses$15,404,298$2,528,506$0$17,932,804

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$19,181,011
Total Expenses per Form 990$17,932,804
Expenses per Audited Statements$16,414,409
Expenses Not Reported on Form 990$2,766,602
Expenses Not Reported on Financial Statements$1,518,395
Other Expense Adjustments$1,518,395
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pinellas Affordable Living IncSt Petersburg, FL501c3Construction$300,000
Pinellas Affordable Living IncSt Petersburg, FL501c3Supportive Housing$282,520
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
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Gary macmath marcia macmath ceo training dir husband/wife

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

Prior to filing, form 990 is emailed to the board members and presented at a board meeting for review.

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

Board members are required to complete conflict of interest form annually.

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

Compensation is dependent upon years of experience, education, and certifications.

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

Compensation is dependent upon years of experience, education, and certifications.

Form 990, Page 6, Part VI, Line 19

Audited financial statements are available on the state of florida website. No other governing documents are provided to the public.

Filing and Contact Details

Filer

Filer Name
Boley Centers Inc
EIN
59-1290089
Phone
7278214819
Address
445 31ST STREET NORTH, ST PETERSBURG, FL 33713

Signing Officer

Name
Gary Macmath
Title
CEO
Phone
7278214819
Signed
2018-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Macmath
Formed
1970
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
592
Volunteers
15

Preparer

Firm
Gregory Sharer & Stuart Pa
Address
100 2ND AVE SOUTH STE 600, SAINT PETERSBURG, FL 33701-4336
Preparer
Byron C Smith CPA
Phone
7278216161
Supplemental Narrative

Additional Explanations

Form 990

Part ix, statement of functional expenses: the organizations functional expenses do not include any amounts for fundraising. The organization is supported by two foundations, one of which does all fundraising activities for the organization. This allows the organization to focus on its programs.

Form 990, Page 2, Part III, Line 4D

Vocational programs provide job development, job placement, job coaching, and follow-along services to boley consumers. This program also assists individuals in achieving their chosen vocational goals. Individuals are assisted in understanding the meaning, value, and demands of working. Services provided are designed to determine a disabled individual's physical capacity, learning styles, work habits, productivity level, academic achievement, aptitudes, interests, occupational awareness, and social skills by utilizing a wide array of tests and equipment. Recipients are provided with the assessments, counseling and vocational services needed to obtain and maintain employment.

Form 990, Part XI, Line 9

Book v tax jt venture 10,195 loan discount adjustment 5,718 adjust beg net assets 2,060 total 17,973

Financial Statement Notes

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

Consolidated stmt - remove other entities 1,954,823 thrift shop expenses 566,134 solutions for admin services book v tax 10,205 bad debt expense 71,046

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

Grants to affiliates 582,521 intercompany interest 15 duval park gp llc book v tax 10 intercompany mgmt fees 930,141

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

Thrift shop expense 566,134 bad debt expense 71,046 consolidated stmt - remove other entities 2,129,422

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

Grants to affiliates 582,521 intercompany interest 15 loan discount adjustment 5,718 intercompany mgmt fees 930,141

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt92ND VICE CHA
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXEC VP HOUS
IRS990/Form990PartVIISectionAGrp/TitleTxt17COO
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP OF FINANC
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IRS990/MissionDesc0BOLEY CENTERS' MISSION IS TO ENRICH THE LIVES OF PEOPLE IN RECOVERY BY PROVIDING THE HIGHEST QUALITY TREATMENT, REHABILITATION, EMPLOYMENT AND HOUSING SERVICES.
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IRS990/OtherExpensesGrp/Desc1FOOD SERVICE COST
IRS990/OtherExpensesGrp/Desc2CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION
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IRS990/OtherRevenueMiscGrp/Desc0EMPLOYEE LEASING REV
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IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/ExclusionAmt242808
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IRS990/ProgramServiceRevenueGrp/Desc2CLIENT FEES & RENTS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4175422
IRS990/ProgSrvcAccomActy2Grp/Desc0BOLEY HOUSING SERVICES HAS PROVIDED HOUSING AND SUPPORT TO INDIVIDUALS WITH CHRONIC MENTAL ILLNESS SINCE 1970. BOLEY CURRENTLY OWNS AND MANAGES A TOTAL OF 570 BEDS COMPRISED OF 49 GROUP HOME BEDS, 45 SAFE HAVEN BEDS, 48 TRANSITIONAL HOMELESS SUPERVISED APARTMENTS, 126 PERMANENT HOMELESS APARTMENT BEDS, 268 PERMANENT SUPPORTED HOUSING APARTMENT BEDS AND 34 INTEGRATED APARTMENT UNITS. ADDITIONALLY, BOLEY CENTERS ACTS AS A HOUSING AUTHORITY AND MANAGES 431 HOUSING VOUCHERS FOR A TOTAL OF 1,001 UNITS OF HOUSING UNDER MANAGEMENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03176015
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02713024
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0172887
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTED HOUSING/SUPPORTED LIVING PROGRAM FOCUSES SERVICES AROUND COMMUNITY-BASED REHABILITATIVE PRINCIPLES. TEAM MEMBERS PROVIDE SERVICE AND SUPPORT TO CONSUMERS THAT ARE DESIGNED TO ENHANCE THE CONSUMER'S ABILITY TO ACQUIRE THE SKILLS AND DEVELOP THE SUPPORT NETWORKS NECESSARY TO LIVE INDEPENDENTLY IN A SETTING OF THEIR CHOOSING. THIS INCLUDES ESTABLISHING COMMUNITY INTEGRATION, SKILL ATTAINMENT AND RESTORATION OF FUNCTIONAL ABILITY. TEAM MEMBERS WORK CLOSELY WITH CONSUMERS AND THEIR FAMILY MEMBERS TO IDENTIFY THEIR INDIVIDUAL AREAS OF NEED. THE TEAM MEMBERS THEN DEVELOP INDIVIDUAL TREATMENT PLANS DESIGNED TO HELP THE INDIVIDUALS ACQUIRE OR RESTORE SKILLS AND/OR SUPPORTS REQUIRED TO OBTAIN THEIR IDENTIFIED GOALS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01198938
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0262011
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt041650
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VOCATIONAL PROGRAMS PROVIDE JOB DEVELOPMENT, JOB PLACEMENT, JOB COACHING, AND FOLLOW-ALONG SERVICES TO BOLEY CONSUMERS. THIS PROGRAM ALSO ASSISTS INDIVIDUALS IN ACHIEVING THEIR CHOSEN VOCATIONAL GOALS. INDIVIDUALS ARE ASSISTED IN UNDERSTANDING THE MEANING, VALUE, AND DEMANDS OF WORKING. SERVICES PROVIDED ARE DESIGNED TO DETERMINE A DISABLED INDIVIDUAL'S PHYSICAL CAPACITY, LEARNING STYLES, WORK HABITS, PRODUCTIVITY LEVEL, ACADEMIC ACHIEVEMENT, APTITUDES, INTERESTS, OCCUPATIONAL AWARENESS, AND SOCIAL SKILLS BY UTILIZING A WIDE ARRAY OF TESTS AND EQUIPMENT. RECIPIENTS ARE PROVIDED WITH THE ASSESSMENTS, COUNSELING AND VOCATIONAL SERVICES NEEDED TO OBTAIN AND MAINTAIN EMPLOYMENT.
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0895617
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01123219
IRS990/ProhibitedTaxShelterTransInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.7$11.4$8.31$22.2$23.1$0.84
2023Detailed filing. Detailed filing data is available for this year.$20.0$10.9$9.11$23.3$23.3$0.05
2022Detailed filing. Detailed filing data is available for this year.$18.3$9.17$9.13$20.2$20.5$0.31
2021Detailed filing. Detailed filing data is available for this year.$18.3$8.83$9.45$21.3$19.8$1.46
2020Detailed filing. Detailed filing data is available for this year.$17.9$9.98$7.97$18.0$18.9$0.93
2019Detailed filing. Detailed filing data is available for this year.$17.4$8.33$9.02$18.5$19.1$0.55
2018Detailed filing. Detailed filing data is available for this year.$17.4$7.77$9.61$18.3$18.4$0.11
2017Detailed filing. Detailed filing data is available for this year.$17.5$7.73$9.74$17.9$17.9$0.07
2016Detailed filing. Detailed filing data is available for this year.$17.9$8.07$9.79$17.4$17.1$0.26
2015Detailed filing. Detailed filing data is available for this year.$18.0$8.46$9.54$16.1$16.0$0.14
2014Detailed filing. Detailed filing data is available for this year.$16.7$7.27$9.42$15.7$15.7$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$8.15$9.47$15.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$8.30$9.60$16.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$7.70$9.40$16.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$6.60$8.98$16.7