Civic Intelligence

Rebound Inc.

990 • Fiscal year 2017 • EIN 61-1150924

Apr 01, 2016 to Mar 31, 2017 • Filed on Jan 29, 2018

Refreshing map…

1535 W BroadwayLouisville, KY 40203

(502) 566-3410

Siviq Scores

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

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.03x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$69,371

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

83rd percentile

29%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

37%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$526,098

Up $118,032 (+29%) from 2016

Net Assets

Up

$499,134

Up $178,946 (+56%) from 2016

Liabilities

Down

$26,964

Down $60,914 (-69%) from 2016

Revenue

Up

$842,575

Up $228,353 (+37%) from 2016

Expenses

Up

$663,629

Up $52,611 (+8.6%) from 2016

Net Income

Up

$178,946

Up $175,742 (+5485%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $303,775Liabilities 2012: $71,777Net Assets 2012: $231,9982012Assets 2013: $332,292Liabilities 2013: $105,156Net Assets 2013: $227,1362013Assets 2014: $544,695Liabilities 2014: $118,068Net Assets 2014: $426,6272014Assets 2015: $565,568Liabilities 2015: $248,584Net Assets 2015: $316,9842015Assets 2016: $408,066Liabilities 2016: $87,878Net Assets 2016: $320,1882016Assets 2017: $526,098Liabilities 2017: $26,964Net Assets 2017: $499,1342017Assets 2018: $689,616Liabilities 2018: $123,837Net Assets 2018: $565,7792018Assets 2019: $1,231,362Liabilities 2019: $273,892Net Assets 2019: $957,4702019Assets 2020: $2,561,074Liabilities 2020: $1,839,177Net Assets 2020: $721,8972020Assets 2021: $7,688,602Liabilities 2021: $458,224Net Assets 2021: $7,230,3782021Assets 2022: $6,856,978Liabilities 2022: $1,975,351Net Assets 2022: $4,881,6272022Assets 2023: $8,636,745Liabilities 2023: $3,718,511Net Assets 2023: $4,918,2342023

Highlighted filing

2017

Assets$526,098
Liabilities$26,964
Net Assets$499,134

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2012: $1,176,8962012Revenue 2013: $307,398Expenses 2013: $312,260Net Income 2013: -$4,8622013Revenue 2014: $415,398Expenses 2014: $215,907Net Income 2014: $199,4912014Revenue 2015: $796,370Expenses 2015: $836,268Net Income 2015: -$39,8982015Revenue 2016: $614,222Expenses 2016: $611,018Net Income 2016: $3,2042016Revenue 2017: $842,575Expenses 2017: $663,629Net Income 2017: $178,9462017Revenue 2018: $703,222Expenses 2018: $651,121Net Income 2018: $52,1012018Revenue 2019: $971,502Expenses 2019: $579,811Net Income 2019: $391,6912019Revenue 2020: $941,313Expenses 2020: $944,360Net Income 2020: -$3,0472020Revenue 2021: $8,066,246Expenses 2021: $1,557,765Net Income 2021: $6,508,4812021Revenue 2022: $1,504,654Expenses 2022: $1,753,405Net Income 2022: -$248,7512022Revenue 2023: $2,526,588Expenses 2023: $2,489,981Net Income 2023: $36,6072023

Highlighted filing

2017

Revenue$842,575
Expenses$663,629
Net Income$178,946
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Jan 29, 2018
Return Version
2016v3.1
Gross Receipts
$842,575
Mission and Program Overview

Mission

To create positive impact in housing and economic development, while helping families to have access to affordable, quality housing within our historic urban neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$232,787$380,905▲ $148,118
Accounts Receivable$813$19,530▲ $18,717
Total Assets$408,066$526,098▲ $118,032
Other Assets Total$174,466$125,663▼ $48,803
Liabilities
Unsecured Notes Loans Payable$50,000--
Accounts Payable and Accrued Expenses$37,878$26,964▼ $10,914
Total Liabilities$87,878$26,964▼ $60,914
Net Assets / Fund Balance
Unrestricted Net Assets$-70,854$377,847▲ $448,701
Temporarily Rstr Net Assets$391,042$121,287▼ $269,755
Total Net Assets Fund Balance$320,188$499,134▲ $178,946
Total Liabilities and Net Assets / Fund Balance$408,066$526,098▲ $118,032

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$125,663--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Kevin DunlapExecutive Di$69,371$69,371

Board Members and Trustees

NameTitle
Anita McgruderBoard Member
Bill WeylandBoard Member
Charles Dobbins JrBoard Member
Charlie CasperBoard Member
Chip HancockBoard Member
Chism EvadneBoard Member
Deborah WilliamsBoard Member
Drane Scrivener JrBoard Member
Ed AllgeierBoard Member
Gisela NelsonBoard Member
Maria HamptonBoard Member
Martha PumphreyBoard Member
Sadiqa ReynoldsBoard Member
Sheila IrvinBoard Member
Tim BarryBoard Member
Zonetta EnglishBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$360,000
Program Service Revenue
$482,575
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$178,946

Audited Revenue Reconciliation

Revenue per Audited Statements
$842,575
Total Revenue per Audited Statements
$842,575
Total Revenue per Form 990
$842,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$594,258
Salaries, Compensation, and Employee Benefits$69,371
Total Fundraising Expense$6,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$45,003$5,295$2,647$52,945
Fees for Services Management$17,636$2,075$1,037$20,748
Other Employee Benefits$13,962$1,643$821$16,426
Occupancy$8,160$960$480$9,600
Fees for Services Accounting$6,619$779$389$7,787
Insurance$3,987$469$235$4,691
Other Expenses$833$98$49$980
Office Expenses$600$71$35$706
Conferences and Meetings$280$33$17$330
Total Functional Expenses$644,920$12,474$6,235$663,629

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$663,629
Total Expenses per Audited Statements$663,629
Total Expenses per Form 990$663,629
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
No
Audit committee
Yes
Backup withholding compliance
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
No
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

A copy of the completed 990 is sent by email to the board for review and comment prior to filing.

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

Policy is regularly monitored by the board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Rebound Inc
EIN
61-1150924
Phone
5025663410
Address
1535 W BROADWAY, LOUISVILLE, KY 40203

Signing Officer

Name
Kevin Dunlap
Title
Executive Director
Phone
5025663410
Signed
2018-01-29

Organization Details

Principal Officer
Kevin Dunlap
Formed
1993
Legal Domicile
Ky
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Baldwin Cpas Pllc
Address
943 S 1ST STREET, LOUISVILLE, KY 40203
Preparer
Barbara Lasky
Phone
5025849793
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Management has concluded that any tax positions that would not meet the more-likely-than-not criterion of fasb asc 740-10 would be immaterial to the financial statements taken as a whole. Accordingly, the accompanying financial statements do not include any provision for uncertain tax positions, and no related interest or penalties have been recorded in the statements of activities or accrued in the statements of financial position.

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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0381780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1100795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0381780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1100795
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0308071
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0611018
IRS990/PYProgramServiceRevenueAmt0306151
IRS990/PYRevenuesLessExpensesAmt03204
IRS990/PYTotalExpensesAmt0611018
IRS990/PYTotalRevenueAmt0614222
IRS990/ReconcilationRevenueExpnssAmt0178946
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0360000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0308071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0325965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0153690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01157726
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01500550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01157726
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0360000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0308071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0325965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0153690
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01157726
IRS990ScheduleA/TotalSupportAmt01157726
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0663629
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125663
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION/REHAB IN PROGRESS
IRS990ScheduleD/RevenueSubtotalAmt0842575
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENTS OF ACTIVITIES OR ACCRUED IN THE STATEMENTS OF FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0125663
IRS990ScheduleD/TotalExpensesPerForm990Amt0663629
IRS990ScheduleD/TotalRevenuePerForm990Amt0842575
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0842575
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0663629
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE COMPLETED 990 IS SENT BY EMAIL TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POLICY IS REGULARLY MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOUISVILLE URBAN LEAGUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0610444771
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01535 W BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0110176
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LOUISVILLE URBAN LEAGUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0391042
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0121287
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0408066
IRS990/TotalAssetsEOYAmt0526098
IRS990/TotalAssetsGrp/BOYAmt0408066
IRS990/TotalAssetsGrp/EOYAmt0526098
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0360000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06235
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0644920
IRS990/TotalFunctionalExpensesGrp/TotalAmt0663629
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt087878
IRS990/TotalLiabilitiesEOYAmt026964
IRS990/TotalLiabilitiesGrp/BOYAmt087878
IRS990/TotalLiabilitiesGrp/EOYAmt026964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0320188
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0499134
IRS990/TotalProgramServiceExpensesAmt0644920
IRS990/TotalProgramServiceRevenueAmt0482575
IRS990/TotalReportableCompFromOrgAmt069371
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0482575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0842575
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0408066
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0526098
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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.$8.64$3.72$4.92$2.53$2.49$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$1.98$4.88$1.50$1.75$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.69$0.46$7.23$8.07$1.56$6.51
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$1.84$0.72$0.94$0.94$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.27$0.96$0.97$0.58$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.12$0.57$0.70$0.65$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.50$0.84$0.66$0.18
2016Summary only. Only limited summary data is available for this year.$0.41$0.09$0.32$0.61$0.61$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.25$0.32$0.80$0.84$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.12$0.43$0.42$0.22$0.20
2013Summary only. Only limited summary data is available for this year.$0.33$0.11$0.23$0.31$0.31$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.07$0.23$1.18