Civic Intelligence

Methodist Home for the Aging

990 • Fiscal year 2020 • EIN 63-1194446

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 02, 2021

1520 Cooper Hill RdBirmingham, AL 35210

(205) 951-2441

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.80x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.6%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

6.2%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,764,872

Down $104,849 (-5.6%) from 2019

Net Assets

Down

$862,474

Down $82,887 (-8.8%) from 2019

Liabilities

Down

$902,398

Down $21,962 (-2.4%) from 2019

Revenue

Up

$237,250

Up $13,941 (+6.2%) from 2019

Expenses

Up

$320,137

Up $554 (+0.2%) from 2019

Net Income

Up

-$82,887

Up $13,387 (+14%) from 2019

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

2020

Assets$1,764,872
Liabilities$902,398
Net Assets$862,474

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

2020

Revenue$237,250
Expenses$320,137
Net Income-$82,887
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 2, 2021
Return Version
2019v5.2
Gross Receipts
$237,250
Mission and Program Overview

Mission

To provide affordable housing to the elderly and handicapped

To provide affordable housing to low income elderly and handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,746,140$1,645,668▼ $100,472
Prepaid Expenses and Deferred Charges$21,481$26,539▲ $5,058
Cash and Non-Interest-Bearing Accounts$6,028$10,744▲ $4,716
Accounts Receivable$991$4,293▲ $3,302
Intangible Assets$2,156--
Total Assets$1,869,721$1,764,872▼ $104,849
Other Assets Total$92,925$77,628▼ $15,297
Liabilities
Mortgage Notes Payable Secured by Investment Property$784,902$770,189▼ $14,713
Accounts Payable and Accrued Expenses$129,743$122,296▼ $7,447
Other Liabilities$9,715$9,913▲ $198
Total Liabilities$924,360$902,398▼ $21,962
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$945,361$862,474▼ $82,887
Total Net Assets Fund Balance$945,361$862,474▼ $82,887
Total Liabilities and Net Assets / Fund Balance$1,869,721$1,764,872▼ $104,849

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,405,442$1,245,898$2,651,340
Equipment$54,144$415,741$469,885
Other Land Buildings$13,895$285,337$299,232
Land$172,187-$172,187
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betty SalterChair
Doug NewtonVice Chair
Christopher TomlinCEO-mha
W Bruce AkinsCFP-mha
Mike GilesMha-COO
Terrye TakacsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$237,220
Investment Income
$30
Other Revenue
$0
Change in Net Assets
$-82,887

Audited Revenue Reconciliation

Revenue per Audited Statements
$237,250
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$237,250
Total Revenue per Form 990
$237,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,292
Salaries, Compensation, and Employee Benefits$32,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$107,075--$107,075
Occupancy$68,334--$68,334
Other Salaries and Wages$29,859--$29,859
Insurance$22,797--$22,797
Fees for Services Management-$18,923-$18,923
Fees for Services Accounting-$14,850-$14,850
Interest$6,081--$6,081
All Other Expenses$5,142--$5,142
Payroll Taxes$2,941--$2,941
Other Expenses$2,784$4,345-$2,784
Office Expenses-$2,576-$2,576
Other Employee Benefits-$45-$45
Total Functional Expenses$279,398$40,739$0$320,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$320,137
Total Expenses per Audited Statements$320,137
Total Expenses per Form 990$320,137
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$9,736
Tenant Deposits Accrued Interest$177
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 35% controlled entity
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
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, Part VI, Section A, Line 3

Management delegated- wesley scott place has a management contract with methodist home for the aging (the sponsor and controlling entity).

Form 990, Part VI, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy-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, Part VI, Section B, Line 15

Compensation process for top officials- the finance committee of the board of the methodist home for the aging shall set the compensation for the executive staff. The executive staff shall recommend compensation for key employees and staff at all the facilities. The recommendations are reviewed, approved or modified by the finance committee. Compensation process for officers- wesley scott place officers are not compensated.

Form 990, Part VI, Section C, Line 18

Governing documents, conflict of interest policy , financial statements, and form 990 are made available for public inspection by appointment, examination can be made at 1520 cooper hill road, birmingham, al 35210.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy , financial statements, and form 990 are made available for public inspection by appointment, examination can be made at 1520 cooper hill road, birmingham, al 35210.

Filing and Contact Details

Filer

Filer Name
Wesley Scott Place
EIN
63-1194446
Phone
2059512441
Address
1520 COOPER HILL RD, BIRMINGHAM, AL 35210

Signing Officer

Name
W Bruce Akins
Title
CFO-mha
Phone
2059512442
Signed
2021-03-02
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
Volunteers
0

Preparer

Firm
Aprio Llp
Address
5 CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Mike Cooke
Phone
4048929651
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0223309
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0221122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0228267
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0111310
IRS990ScheduleA/Total509Grp/TotalAmt01021228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0237250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0223382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0221354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0228563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0111460
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01022009
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01405442
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01245898
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02651340
IRS990ScheduleD/EquipmentGrp/BookValueAmt054144
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0415741
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0469885
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0320137
IRS990ScheduleD/LandGrp/BookValueAmt0172187
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0172187
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013895
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0285337
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0299232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1177
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0237250
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01645668
IRS990ScheduleD/TotalExpensesPerForm990Amt0320137
IRS990ScheduleD/TotalLiabilityAmt09913
IRS990ScheduleD/TotalRevenuePerForm990Amt0237250
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0237250
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0320137
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DELEGATED- WESLEY 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/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY-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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIALS- THE FINANCE COMMITTEE OF THE BOARD OF THE METHODIST HOME FOR THE AGING SHALL SET THE COMPENSATION FOR THE EXECUTIVE STAFF. THE EXECUTIVE STAFF SHALL RECOMMEND COMPENSATION FOR KEY EMPLOYEES AND STAFF AT ALL THE FACILITIES. THE RECOMMENDATIONS ARE REVIEWED, APPROVED OR MODIFIED BY THE FINANCE COMMITTEE. COMPENSATION PROCESS FOR OFFICERS- WESLEY SCOTT PLACE OFFICERS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY , FINANCIAL STATEMENTS, AND FORM 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION BY APPOINTMENT, EXAMINATION CAN BE MADE AT 1520 COOPER HILL ROAD, BIRMINGHAM, AL 35210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY , FINANCIAL STATEMENTS, AND FORM 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION BY APPOINTMENT, EXAMINATION CAN BE MADE AT 1520 COOPER HILL ROAD, BIRMINGHAM, AL 35210.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630376518
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LONG TERM CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt018923
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01869721
IRS990/TotalAssetsEOYAmt01764872
IRS990/TotalAssetsGrp/BOYAmt01869721
IRS990/TotalAssetsGrp/EOYAmt01764872
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040739
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0279398
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320137
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0924360
IRS990/TotalLiabilitiesEOYAmt0902398
IRS990/TotalLiabilitiesGrp/BOYAmt0924360
IRS990/TotalLiabilitiesGrp/EOYAmt0902398
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0945361
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0862474
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0279398
IRS990/TotalProgramServiceRevenueAmt0237220
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0237250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0237250
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01869721
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01764872
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01520 COOPER HILL RD
IRS990/USAddress/CityNm0BIRMINGHAM
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035210
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06

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