Civic Intelligence

Shady Acres Independent Living for Mentally Challenged Adults Inc.

990 • Fiscal year 2014 • EIN 59-3231262

Oct 01, 2013 to Sep 30, 2014 • Filed on Jan 08, 2015

8660 SW 27th Avenue34476

(352) 873-1117

Siviq Scores

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

Liabilities / Assets

71st percentile

0.23x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

1.07x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

79th percentile

21%

Higher net margin than 79% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

56th percentile

4.2%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$861,351

Up $34,582 (+4.2%) from 2013

Net Assets

Up

$664,283

Up $39,470 (+6.3%) from 2013

Liabilities

Down

$197,068

Down $4,888 (-2.4%) from 2013

Revenue

$183,682

No earlier filing loaded for comparison.

Expenses

Up

$144,212

Up $391 (+0.3%) from 2013

Net Income

$39,470

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.

$1.0M$500K$0Assets 2011: $774,547Liabilities 2011: $215,617Net Assets 2011: $558,9302011Assets 2012: $818,531Liabilities 2012: $208,153Net Assets 2012: $610,3782012Assets 2013: $826,769Liabilities 2013: $201,956Net Assets 2013: $624,8132013Assets 2014: $861,351Liabilities 2014: $197,068Net Assets 2014: $664,2832014Assets 2015: $844,609Liabilities 2015: $189,592Net Assets 2015: $655,0172015Assets 2016: $848,037Liabilities 2016: $183,959Net Assets 2016: $664,0782016Assets 2017: $856,679Liabilities 2017: $179,534Net Assets 2017: $677,1452017Assets 2018: $806,577Liabilities 2018: $171,873Net Assets 2018: $634,7042018Assets 2019: $797,073Liabilities 2019: $165,455Net Assets 2019: $631,6182019Assets 2020: $804,665Liabilities 2020: $157,691Net Assets 2020: $646,9742020Assets 2021: $857,220Liabilities 2021: $152,343Net Assets 2021: $704,8772021Assets 2022: $745,718Liabilities 2022: $147,514Net Assets 2022: $598,2042022Assets 2023: $578,022Liabilities 2023: $1,524Net Assets 2023: $576,4982023Assets 2024: $581,868Liabilities 2024: $0Net Assets 2024: $581,8682024Assets 2025: $543,454Liabilities 2025: $0Net Assets 2025: $543,4542025

Highlighted filing

2014

Assets$861,351
Liabilities$197,068
Net Assets$664,283

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2011: $160,8632011Expenses 2012: $137,5482012Expenses 2013: $143,8212013Revenue 2014: $183,682Expenses 2014: $144,212Net Income 2014: $39,4702014Revenue 2015: $157,719Expenses 2015: $166,985Net Income 2015: -$9,2662015Revenue 2016: $169,821Expenses 2016: $160,760Net Income 2016: $9,0612016Revenue 2017: $189,202Expenses 2017: $176,135Net Income 2017: $13,0672017Revenue 2018: $115,026Expenses 2018: $157,467Net Income 2018: -$42,4412018Revenue 2019: $133,665Expenses 2019: $136,751Net Income 2019: -$3,0862019Revenue 2020: $137,892Expenses 2020: $122,536Net Income 2020: $15,3562020Revenue 2021: $200,087Expenses 2021: $142,184Net Income 2021: $57,9032021Revenue 2022: $69,593Expenses 2022: $176,266Net Income 2022: -$106,6732022Revenue 2023: $145,984Expenses 2023: $167,689Net Income 2023: -$21,7052023Revenue 2024: $172,240Expenses 2024: $166,870Net Income 2024: $5,3702024Revenue 2025: $166,114Expenses 2025: $204,528Net Income 2025: -$38,4142025

Highlighted filing

2014

Revenue$183,682
Expenses$144,212
Net Income$39,470
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jan 8, 2015
Return Version
2013v4.0
Gross Receipts
$183,682
Mission and Program Overview

Mission

To provide subsidized housing for the express purpose of fostering low and very low income mentally handicapped adults a lifestyle of responsibility and independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$298,121$312,371▲ $14,250
Land, Buildings, and Equipment, Net$266,096$255,956▼ $10,140
Savings and Temporary Cash Investments$203,385$248,814▲ $45,429
Cash and Non-Interest-Bearing Accounts$43,384$37,449▼ $5,935
Total Assets$826,769$861,351▲ $34,582
Other Assets Total$15,783$6,761▼ $9,022
Liabilities
Other Liabilities$198,000$192,000▼ $6,000
Accounts Payable and Accrued Expenses$3,956$5,068▲ $1,112
Total Liabilities$201,956$197,068▼ $4,888
Net Assets / Fund Balance
Unrestricted Net Assets$186,076$664,283▲ $478,207
Temporarily Rstr Net Assets$438,737--
Total Net Assets Fund Balance$624,813$664,283▲ $39,470
Total Liabilities and Net Assets / Fund Balance$826,769$861,351▲ $34,582

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$196,788$174,905$371,693
Leasehold Improvements$16,108$67,398$83,506
Other Land Buildings$6,640$73,631$80,271
Equipment$11,420$37,766$49,186
Land$25,000-$25,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2012$435,639-▲ $3,758-$438,737
2011$401,661-▲ $33,978-$435,639
2010$393,653-▲ $8,596-$401,661
2009$350,833$20,000▲ $23,504-$393,653
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill Anna GonzalezBoard Member
Bill ArchibaldBoard Member
Candace GunnBoard Member
Charlie DemenzesBoard Member
Helmut ZackBoard Member
Joanne HarrisBoard Member
John Joanne MarrenBoard Member
Michael Pat CuretonBoard Member
Randy Nancy AdamsBoard Member
Tom AdairBoard Member
Barbara Lenard-
Isabella MonetteRecording Se
Nancy RomeoSecretary
Robert Aline KleinTreasurer &
Melissa WilsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$62,637
Program Service Revenue
$104,070
Investment Income
$2,914
Other Revenue
$14,061
All Other Contributions
$4,648
Change in Net Assets
$39,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,248
Salaries, Compensation, and Employee Benefits$31,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$42,796$6,655-$49,451
Other Salaries and Wages$17,280$12,360-$29,640
Travel$20,365--$20,365
Depreciation Depletion$17,367$248-$17,615
Insurance$14,193$1,378-$15,571
Office Expenses$200$3,089-$3,289
Payroll Taxes$1,322$1,002-$2,324
Fees for Services Accounting-$1,500-$1,500
Fees for Services Management$500--$500
Other Expenses$100--$100
Total Functional Expenses$117,980$26,232$0$144,212
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$192,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
Yes
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

Form 990 is made available to board for review. Any questions are addressed, and if necessary corrections are made.

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

Compensation is set and approved by board. Raises require board approval.

Form 990, Page 6, Part VI, Line 19

Copy are made available upon request, originals may be viewed but are retained by the organization.

Filing and Contact Details

Filer

EIN
59-3231262
Phone
3528731117

Signing Officer

Name
Aline Klein
Title
President
Phone
3528731117
Signed
2015-01-08

Organization Details

Principal Officer
Aline Klein
Formed
1995
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
10
Employees
2

Preparer

Preparer
Kevin T Keen
Phone
3527324260
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IRS990/PayrollTaxesGrp/ProgramServicesAmt01322
IRS990/PayrollTaxesGrp/TotalAmt02324
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ALINE KLEIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENCE RENT
IRS990/ProgramServiceRevenueGrp/Desc1RENT PAID BY HUD
IRS990/ProgramServiceRevenueGrp/Desc2MED WAIVER PAYMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt063982
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134182
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25906
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25906
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049557
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03907
IRS990/PYOtherExpensesAmt0108658
IRS990/PYOtherRevenueAmt01905
IRS990/PYProgramServiceRevenueAmt0102887
IRS990/PYRevenuesLessExpensesAmt014435
IRS990/PYSalariesCompEmpBnftPaidAmt035163
IRS990/PYTotalExpensesAmt0143821
IRS990/PYTotalRevenueAmt0158256
IRS990/ReconcilationRevenueExpnssAmt039470
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0203385
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0248814
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER INCOME 51,452
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0153142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0379602
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07560
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025262
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0104070
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014061
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01905
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt028673
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04174
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016700
IRS990ScheduleA/OtherIncome170Grp/TotalAmt065513
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80700
IRS990ScheduleA/PublicSupportPY170Pct00.85670
IRS990ScheduleA/PublicSupportTotal170Amt0379602
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt059076
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0153142
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0379602
IRS990ScheduleA/TotalSupportAmt0470377
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0196788
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0174905
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0371693
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0660
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0435639
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0438737
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03758
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0401661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0435639
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033978
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0588
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0393653
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0401661
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08596
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0684
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0350833
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt020000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0393653
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt023504
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt011420
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037766
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049186
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt016108
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067398
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083506
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06640
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt073631
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt080271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0192000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255956
IRS990ScheduleD/TotalLiabilityAmt0192000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS MADE AVAILABLE TO BOARD FOR REVIEW. ANY QUESTIONS ARE ADDRESSED, AND IF NECESSARY CORRECTIONS ARE MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS SET AND APPROVED BY BOARD. RAISES REQUIRE BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY ARE MADE AVAILABLE UPON REQUEST, ORIGINALS MAY BE VIEWED BUT ARE RETAINED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0438737
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0826769
IRS990/TotalAssetsEOYAmt0861351
IRS990/TotalAssetsGrp/BOYAmt0826769
IRS990/TotalAssetsGrp/EOYAmt0861351
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt062637
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026232
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0117980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0201956
IRS990/TotalLiabilitiesEOYAmt0197068
IRS990/TotalLiabilitiesGrp/BOYAmt0201956
IRS990/TotalLiabilitiesGrp/EOYAmt0197068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0624813
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0664283

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$0.00$5.43$1.66$2.05$0.38
2024Detailed filing. Detailed filing data is available for this year.$5.82$0.00$5.82$1.72$1.67$0.05
2023Detailed filing. Detailed filing data is available for this year.$5.78$0.02$5.76$1.46$1.68$0.22
2022Detailed filing. Detailed filing data is available for this year.$7.46$1.48$5.98$0.70$1.76$1.07
2021Detailed filing. Detailed filing data is available for this year.$8.57$1.52$7.05$2.00$1.42$0.58
2020Detailed filing. Detailed filing data is available for this year.$8.05$1.58$6.47$1.38$1.23$0.15
2019Detailed filing. Detailed filing data is available for this year.$7.97$1.65$6.32$1.34$1.37$0.03
2018Detailed filing. Detailed filing data is available for this year.$8.07$1.72$6.35$1.15$1.57$0.42
2017Detailed filing. Detailed filing data is available for this year.$8.57$1.80$6.77$1.89$1.76$0.13
2016Detailed filing. Detailed filing data is available for this year.$8.48$1.84$6.64$1.70$1.61$0.09
2015Detailed filing. Detailed filing data is available for this year.$8.45$1.90$6.55$1.58$1.67$0.09
2014Detailed filing. Detailed filing data is available for this year.$8.61$1.97$6.64$1.84$1.44$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.27$2.02$6.25$1.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.19$2.08$6.10$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$2.16$5.59$1.61