Civic Intelligence

Methodist Home for the Aging

990 • Fiscal year 2019 • EIN 63-1194446

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 22, 2020

1520 Cooper Hill RdBirmingham, AL 35210

(205) 951-2442

Siviq Scores

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

Liabilities / Assets

81st percentile

0.49x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

4.14x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$258,131

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 115.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

19th percentile

-5.1%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

0.9%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,869,721

Down $99,552 (-5.1%) from 2018

Net Assets

Down

$945,361

Down $96,274 (-9.2%) from 2018

Liabilities

Down

$924,360

Down $3,278 (-0.4%) from 2018

Revenue

Up

$223,309

Up $1,955 (+0.9%) from 2018

Expenses

Up

$319,583

Up $14,158 (+4.6%) from 2018

Net Income

Down

-$96,274

Down $12,203 (-15%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $2,059,890Liabilities 2016: $849,989Net Assets 2016: $1,209,9012016Assets 2017: $2,047,768Liabilities 2017: $922,062Net Assets 2017: $1,125,7062017Assets 2018: $1,969,273Liabilities 2018: $927,638Net Assets 2018: $1,041,6352018Assets 2019: $1,869,721Liabilities 2019: $924,360Net Assets 2019: $945,3612019Assets 2020: $1,764,872Liabilities 2020: $902,398Net Assets 2020: $862,4742020Assets 2021: $1,687,476Liabilities 2021: $897,841Net Assets 2021: $789,6352021Assets 2022: $1,617,955Liabilities 2022: $888,435Net Assets 2022: $729,5202022Assets 2023: $1,531,711Liabilities 2023: $873,309Net Assets 2023: $658,4022023Assets 2024: $1,486,718Liabilities 2024: $887,139Net Assets 2024: $599,5792024

Highlighted filing

2019

Assets$1,869,721
Liabilities$924,360
Net Assets$945,361

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $111,460Expenses 2016: $128,160Net Income 2016: -$16,7002016Revenue 2017: $228,267Expenses 2017: $304,441Net Income 2017: -$76,1742017Revenue 2018: $221,354Expenses 2018: $305,425Net Income 2018: -$84,0712018Revenue 2019: $223,309Expenses 2019: $319,583Net Income 2019: -$96,2742019Revenue 2020: $237,250Expenses 2020: $320,137Net Income 2020: -$82,8872020Revenue 2021: $239,546Expenses 2021: $312,385Net Income 2021: -$72,8392021Revenue 2022: $260,253Expenses 2022: $320,368Net Income 2022: -$60,1152022Revenue 2023: $247,808Expenses 2023: $318,926Net Income 2023: -$71,1182023Revenue 2024: $245,272Expenses 2024: $304,097Net Income 2024: -$58,8252024

Highlighted filing

2019

Revenue$223,309
Expenses$319,583
Net Income-$96,274
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 22, 2020
Return Version
2018v3.2
Gross Receipts
$223,309
Mission and Program Overview

Mission

To provide affordable housing to the elderly and handicapped

To provide affordable housing to low income elderly and handicap

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,720,537$1,746,140▲ $25,603
Prepaid Expenses and Deferred Charges$19,754$21,481▲ $1,727
Cash and Non-Interest-Bearing Accounts$115,860$6,028▼ $109,832
Intangible Assets$3,332$2,156▼ $1,176
Accounts Receivable$727$991▲ $264
Total Assets$1,969,273$1,869,721▼ $99,552
Other Assets Total$109,063$92,925▼ $16,138
Liabilities
Mortgage Notes Payable Secured by Investment Property$793,773$784,902▼ $8,871
Accounts Payable and Accrued Expenses$124,226$129,743▲ $5,517
Other Liabilities$9,639$9,715▲ $76
Total Liabilities$927,638$924,360▼ $3,278
Net Assets / Fund Balance
Unrestricted Net Assets$1,041,635$945,361▼ $96,274
Total Net Assets Fund Balance$1,041,635$945,361▼ $96,274
Total Liabilities and Net Assets / Fund Balance$1,969,273$1,869,721▼ $99,552

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,475,575$1,175,765$2,651,340
Equipment$69,521$393,760$463,281
Other Land Buildings$28,857$270,375$299,232
Land$172,187-$172,187
Compensation and Service Providers

Employees

NameTitleOtherTotal
Mike GilesTrustee/mha-$258,131$258,131

Board Members and Trustees

NameTitle
Betty SalterChair
Doug NewtonVice Chair
Mike GilesTrustee/mha-COO
Christopher TomlinCEO - Mha
W Bruce AkinsCFO - Mha
Terrye TakacsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$223,236
Investment Income
$73
Other Revenue
$0
Change in Net Assets
$-96,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$223,309
Total Revenue per Audited Statements
$223,309
Total Revenue per Form 990
$223,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,960
Salaries, Compensation, and Employee Benefits$30,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$109,197--$109,197
Interest$41,964--$41,964
Occupancy$29,924--$29,924
Other Salaries and Wages$28,640--$28,640
All Other Expenses$25,828--$25,828
Fees for Services Management-$17,826-$17,826
Insurance$17,483--$17,483
Fees for Services Accounting$16,336--$16,336
Other Expenses$3,925--$3,925
Office Expenses$2,826--$2,826
Payroll Taxes$1,983--$1,983
Travel$197--$197
Fees for Services Legal$112--$112
Total Functional Expenses$301,757$17,826$0$319,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$319,583
Total Expenses per Audited Statements$319,583
Total Expenses per Form 990$319,583
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
Tenant Deposits Held in Trust$9,546
Tenant Deposits Accrued Interest$169
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Wesley scott place has a management contract with methodist home for the aging (the sponsor and controlling entity).

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

The 990 is reviewed by the methodist home for the aging executive staff and wesley scott place officers.

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

All interested persons must sign an annual conflict of interest statement. A conflict of interest committee was appointed by the methodist home for the aging board to monitor and enforce conflict of interest issues.

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

See below - wesley scott place officers are not compensated.

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

The finance committe of the board of methodist home for the aging shall set the compensation for the executive staff. The executive staff shall recommend compensation for the key employees and staff at all the facilities. The recommendations are reviewed, approved or modified by the finance committee.

Form 990, Page 6, Part VI, Line 19

By appointment, inspection can be made at 1520 cooper hill rd, birmingham, al 35210.

Filing and Contact Details

Filer

Filer Name
Wesley Scott Place
EIN
63-1194446
Phone
2059512442
Address
1520 COOPER HILL RD, BIRMINGHAM, AL 35210

Signing Officer

Name
W Bruce Akins
Title
CFO - Mha
Phone
2059512442
Signed
2020-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Tomlin
Formed
1998
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Cooke Cameron Travis & Company Pc
Address
2109 DEVEREUX CIR, BIRMINGHAM, AL 35243
Preparer
Michael W Cooke
Phone
2059670101
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS ACCRUED INTEREST
IRS990ScheduleD/RevenueSubtotalAmt0223309
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01746140
IRS990ScheduleD/TotalExpensesPerForm990Amt0319583
IRS990ScheduleD/TotalLiabilityAmt09715
IRS990ScheduleD/TotalRevenuePerForm990Amt0223309
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0223309
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0319583
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0258131
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE GILES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE/MHA-COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0258131
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PART 1, LINE 4 - SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE NONQUALIFIED EQUITY-BASED MIKE GILES 0 18,642 0
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESLEY SCOTT PLACE HAS A MANAGEMENT CONTRACT WITH METHODIST HOME FOR THE AGING (THE SPONSOR AND CONTROLLING ENTITY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE METHODIST HOME FOR THE AGING EXECUTIVE STAFF AND WESLEY SCOTT PLACE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INTERESTED PERSONS MUST SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. A CONFLICT OF INTEREST COMMITTEE WAS APPOINTED BY THE METHODIST HOME FOR THE AGING BOARD TO MONITOR AND ENFORCE CONFLICT OF INTEREST ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE BELOW - WESLEY SCOTT PLACE OFFICERS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCE COMMITTE OF THE BOARD OF METHODIST HOME FOR THE AGING SHALL SET THE COMPENSATION FOR THE EXECUTIVE STAFF. THE EXECUTIVE STAFF SHALL RECOMMEND COMPENSATION FOR THE KEY EMPLOYEES AND STAFF AT ALL THE FACILITIES. THE RECOMMENDATIONS ARE REVIEWED, APPROVED OR MODIFIED BY THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BY APPOINTMENT, INSPECTION CAN BE MADE AT 1520 COOPER HILL RD, BIRMINGHAM, AL 35210.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630376518
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LT CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt017826
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01969273
IRS990/TotalAssetsEOYAmt01869721
IRS990/TotalAssetsGrp/BOYAmt01969273
IRS990/TotalAssetsGrp/EOYAmt01869721
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017826
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0301757
IRS990/TotalFunctionalExpensesGrp/TotalAmt0319583
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0927638
IRS990/TotalLiabilitiesEOYAmt0924360
IRS990/TotalLiabilitiesGrp/BOYAmt0927638
IRS990/TotalLiabilitiesGrp/EOYAmt0924360
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01041635
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0945361
IRS990/TotalProgramServiceExpensesAmt0301757
IRS990/TotalProgramServiceRevenueAmt0223236
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223309
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223309
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01969273
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01869721
IRS990/TotReportableCompRltdOrgAmt0258131
IRS990/TravelGrp/ProgramServicesAmt0197
IRS990/TravelGrp/TotalAmt0197
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01041635
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0945361
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
IRS990/USAddress/CityNm0BIRMINGHAM
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035210
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0W BRUCE AKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO - MHA
ReturnHeader/BusinessOfficerGrp/PhoneNum02059512442
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESLEY SCOTT PLACE
ReturnHeader/Filer/BusinessNameControlTxt0WESL
ReturnHeader/Filer/EIN0631194446
ReturnHeader/Filer/PhoneNum02059512442

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