Civic Intelligence

Senior Life Midland Inc.

990 • Fiscal year 2022 • EIN 75-1899190

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 26, 2023

PO Box 80519Midland, TX 79708

(432) 689-6693

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

15th percentile

0.04x

Higher debt load relative to revenue than 15% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

90th percentile

56%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

31st percentile

$126,964

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-41%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$21,684,844

Up $3,023,393 (+16%) from 2021

Net Assets

Up

$21,427,737

Up $2,993,374 (+16%) from 2021

Liabilities

Up

$257,107

Up $30,019 (+13%) from 2021

Revenue

Down

$6,905,897

Down $4,844,847 (-41%) from 2021

Expenses

Up

$3,057,177

Up $476,302 (+18%) from 2021

Net Income

Down

$3,848,720

Down $5,321,149 (-58%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $3,681,754Liabilities 2010: $125,303Net Assets 2010: $3,556,4512010Assets 2011: $3,773,437Liabilities 2011: $128,277Net Assets 2011: $3,645,1602011Assets 2012: $4,212,276Liabilities 2012: $134,448Net Assets 2012: $4,077,8282012Assets 2013: $4,516,039Liabilities 2013: $231,852Net Assets 2013: $4,284,1872013Assets 2014: $4,580,659Liabilities 2014: $204,525Net Assets 2014: $4,376,1342014Assets 2015: $4,728,883Liabilities 2015: $134,433Net Assets 2015: $4,594,4502015Assets 2016: $4,867,853Liabilities 2016: $155,966Net Assets 2016: $4,711,8872016Assets 2017: $7,136,243Liabilities 2017: $219,515Net Assets 2017: $6,916,7282017Assets 2018: $6,755,157Liabilities 2018: $158,912Net Assets 2018: $6,596,2452018Assets 2019: $7,755,594Liabilities 2019: $225,843Net Assets 2019: $7,529,7512019Assets 2020: $9,254,146Liabilities 2020: $498,943Net Assets 2020: $8,755,2032020Assets 2021: $18,661,451Liabilities 2021: $227,088Net Assets 2021: $18,434,3632021Assets 2022: $21,684,844Liabilities 2022: $257,107Net Assets 2022: $21,427,7372022Assets 2023: $26,533,678Liabilities 2023: $187,249Net Assets 2023: $26,346,4292023Assets 2024: $28,872,240Liabilities 2024: $231,116Net Assets 2024: $28,641,1242024

Highlighted filing

2022

Assets$21,684,844
Liabilities$257,107
Net Assets$21,427,737

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,308,6802010Expenses 2011: $2,326,7192011Expenses 2012: $2,348,4092012Revenue 2013: $2,429,601Expenses 2013: $2,479,449Net Income 2013: -$49,8482013Revenue 2014: $2,585,926Expenses 2014: $2,563,299Net Income 2014: $22,6272014Revenue 2015: $3,004,765Expenses 2015: $2,749,868Net Income 2015: $254,8972015Revenue 2016: $2,838,748Expenses 2016: $2,830,770Net Income 2016: $7,9782016Revenue 2017: $4,714,692Expenses 2017: $2,885,630Net Income 2017: $1,829,0622017Revenue 2018: $2,834,235Expenses 2018: $2,866,231Net Income 2018: -$31,9962018Revenue 2019: $3,059,395Expenses 2019: $3,034,848Net Income 2019: $24,5472019Revenue 2020: $3,397,602Expenses 2020: $2,954,255Net Income 2020: $443,3472020Revenue 2021: $11,750,744Expenses 2021: $2,580,875Net Income 2021: $9,169,8692021Revenue 2022: $6,905,897Expenses 2022: $3,057,177Net Income 2022: $3,848,7202022Revenue 2023: $7,318,464Expenses 2023: $3,218,446Net Income 2023: $4,100,0182023Revenue 2024: $5,564,403Expenses 2024: $3,774,732Net Income 2024: $1,789,6712024

Highlighted filing

2022

Revenue$6,905,897
Expenses$3,057,177
Net Income$3,848,720
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$7,054,677
Mission and Program Overview

Mission

To improve the quality of life of senior citizens in Midland, Texas by providing services to help them maintain health, dignity, and independence as they grow older.

Provide and administer services for seniors of Midland through programs such as Meals on Wheels, Foster Grandparents, SeniorCompanions, Retired Senior Volunteers, and Homebound Services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,330,537$15,349,605▲ $9,019,068
Land, Buildings, and Equipment, Net$685,986$3,685,625▲ $2,999,639
Cash and Non-Interest-Bearing Accounts$9,186,497$1,075,464▼ $8,111,033
Savings and Temporary Cash Investments$1,699,054$965,286▼ $733,768
Pledges and Grants Receivable$661,074$548,621▼ $112,453
Prepaid Expenses and Deferred Charges$24,970$28,925▲ $3,955
Total Assets$18,661,451$21,684,844▲ $3,023,393
Other Assets Total$73,333$31,318▼ $42,015
Liabilities
Accounts Payable and Accrued Expenses$227,088$228,768▲ $1,680
Other Liabilities-$28,339-
Total Liabilities$227,088$257,107▲ $30,019
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,545,928$10,805,446▲ $259,518
Net Assets Without Donor Restrictions$7,888,435$10,622,291▲ $2,733,856
Total Net Assets Fund Balance$18,434,363$21,427,737▲ $2,993,374
Total Liabilities and Net Assets / Fund Balance$18,661,451$21,684,844▲ $3,023,393

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,040,165$234,338$2,274,503
Land$1,528,965-$1,528,965
Buildings$15,708$1,281,353$1,297,061
Equipment$67,892$243,121$311,013
Leasehold Improvements$32,895$235,869$268,764

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$6,352,032$638▼ $926,524$1,205,128$4,221,018
2021$6,070,280$15,594▲ $509,291$243,133$6,352,032
2020$5,446,615$10,525▲ $782,105$168,965$6,070,280
2019$4,457,462$214,518▲ $908,959$134,324$5,446,615
2018$2,731,027$2,121,698▼ $288,487$106,776$4,457,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen Kirwan-haynieExecutive directorFT$120,918$6,046$126,964
Wendy LynskeyFinance directorFT$84,180$12,488$96,668

Board Members and Trustees

NameTitle
Tommy ReynoldsBoard President
Dean ByromPast President
Amber WeatherbyDirector
Andy ShafferDirector
Blane HeflinDirector
Bob McnaughtonDirector
Chris NolanDirector
Dr Robert SheetsDirector
Jay HendricksDirector
Jessica HansenDirector
Lin TurnerDirector
Melody PrichardDirector
Orland PurcellDirector
Stephen BowermanDirector
Theresa RodriguezDirector
Travis WhiteDirector
Zahir NoormohamedDirector
John MoeschAdministration VP
Eric GriffinFinance VP
Pat HendersonResource Develpment VP
James HaestSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
MW BuildersConstruction of new facilities965 Advance Ave, Midland, TX 79701$690,233
Vandergriff Group ArchitectsArchitect services for new facilities312 N Big Spring St Ste 100, Midland, TX 79701$598,653
Sysco West TexasFood for nutrition programs714 2nd Place, Lubbock, TX 79401$188,019
Affiliated Food ServicesFood for nutrition programs1401 W Farmers Ln, Amarillo, TX 79118$144,648
Strong Environmental ServicesEnvironmental services800 Almont Pl, Midland, TX 79705$138,500
Revenue and Support

Revenue Composition

Contributions and Grants
$5,589,291
Program Service Revenue
$0
Investment Income
$15,951
Other Revenue
$1,300,655
All Other Contributions
$4,016,250
Change in Net Assets
$3,848,720

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,905,897
Revenue Not Reported on Form 990
$-600,404
Total Revenue per Audited Statements
$6,305,493
Total Revenue per Form 990
$6,905,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,749,137
Other Expenses$1,250,666
Total Fundraising Expense$91,634
Grants and Similar Amounts Paid$57,374
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$940,766$198,583$73,817$1,213,166
Current Officers, Directors, Trustees, and Key Employees-$205,098-$205,098
Other Employee Benefits$123,754$31,370$8,517$163,641
Depreciation Depletion$20,038$111,227-$131,265
Payroll Taxes$70,153$30,103$5,504$105,760
Conferences and Meetings$66,503$6,119-$72,622
Occupancy$42,842$26,013-$68,855
Office Expenses$29,084$36,457-$65,541
Pension Plan Contributions$39,120$18,556$3,796$61,472
Insurance$22,840$34,699-$57,539
Grants to Domestic Individuals$57,374--$57,374
Information Technology-$55,041-$55,041
Travel$45,956$3,792-$49,748
Fees for Services Other$19,345$13,634-$32,979
Fees for Services Accounting$6,924$8,986-$15,910
Fees for Services Legal-$6,573-$6,573
Advertising$1,617$2,713-$4,330
Other Expenses$3,883$3,478-$3,883
Total Functional Expenses$2,173,101$792,442$91,634$3,057,177

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,312,119
Expenses per Audited Statements$3,057,177
Total Expenses per Form 990$3,057,177
Expenses Not Reported on Form 990$254,942
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$394,124
Fundraising Direct Expenses$148,780
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
TX Size Garage Sale$591,333$394,123$88,798$305,325
Holiday Appeal$179,722-$5,281-
Total Events$991,825$394,124$148,780$245,344
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$28,339
Operating lease liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No

Governance Explanations

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

The 990 is presented to the board of directors along with the annual financial statement audit for review and approval prior to filng.

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

Board members read and sign a conflict of interest policy upon election to the board. The policy is reviewed annually and monitored by executive management and the executive committee to determine conflicts are addressed that might require directors to abstain from voting on any matters of potential conflict.

Form 990, Part VI, Section B, Line 15A

The executive committee evaluates the executive director annually and uses a comparable salary data survey from a local nonprofit management center to help facilitate the determination of compensation. Compensation is determined by this committee and presented to the board for approval.

Form 990, Part VI, Section C, Line 19

Public documents are made available upon requrest at the Agencys administrative offices in Midland, Texas. Offices are currently located at 4214 Andrews Hwy, Ste. 201 Midland, Texas 79703. The 990 is also available on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Senior Life Midland Inc
EIN
75-1899190
Phone
4326896693
Address
PO Box 80519, MIDLAND, TX 79708

Signing Officer

Name
Kathleen Kirwan Haynie
Title
Executive Director
Phone
4326896693
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Kirwan Haynie
Formed
1982
Legal Domicile
TX
Voting Board Members
21
Independent Board Members
21
Employees
31
Volunteers
1,500

Preparer

Firm
Randy Silhan CPA Cfe
Address
PO BOX 1341, WOLFFORTH, TX 79382
Preparer
Randy Silhan
Phone
4325800204
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 178,653, Grants and allocations 0, Revenue 0 Foster Grandparent Program recruits low income seniors age 55 and over to serve as tutors and mentors to at-risk children. Volunteers receive a stipend and mileage reimbursement pursuant to grant budgets. Volunteer service hours totaled approximately 13,400 during the year.

Form 990, Part III, Line 4D

Program Service Expenses 192,250, Grants and allocations 2,243, Revenue 0 Senior Companion program provides a way for low income seniors age 55 and over to offer assistance and friendshiop to adults who have difficulty with daily living tasks. Volunteers receive a stipend, mileage reimbursement, and a meal reimbursement pursuant to grant budgets. Service hours totaled approximately 13,800 during the year.

Financial Statement Notes

V 4

The objective of the endowments is to manage the principal and contributions to the funds in a manner that will maximize the long term benefit intended by the donor to produce current income to support programs of SLM and donor objectives to achieve growth of principal and income over time sufficient topreserve or increase purchasing power of the assets, thus protecting assets against inflation.

XI 2D

Special event fundraising expenses are reported as a separate expense in the statement of functional expenses in the audited financial statements and are reported on the Schedule G in the 990, which is reported net of income in the statement of revenue on the 990.

XII 2D

Special event fundraising expenses are reported as a separate expense in the statement of functional expenses in the audited financial statements and are reported on the Schedule G in the 990, which is reported net of income in the statement of revenue on the 990.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Administration VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4Finance VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5Resource Develpment VP
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Past President
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IRS990/OtherExpensesGrp/Desc2Dues and publications
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$0.23$28.6$5.56$3.77$1.79
2023Detailed filing. Detailed filing data is available for this year.$26.5$0.19$26.3$7.32$3.22$4.10
2022Detailed filing. Detailed filing data is available for this year.$21.7$0.26$21.4$6.91$3.06$3.85
2021Detailed filing. Detailed filing data is available for this year.$18.7$0.23$18.4$11.8$2.58$9.17
2020Detailed filing. Detailed filing data is available for this year.$9.25$0.50$8.76$3.40$2.95$0.44
2019Detailed filing. Detailed filing data is available for this year.$7.76$0.23$7.53$3.06$3.03$0.02
2018Summary only. Only limited summary data is available for this year.$6.76$0.16$6.60$2.83$2.87$0.03
2017Detailed filing. Detailed filing data is available for this year.$7.14$0.22$6.92$4.71$2.89$1.83
2016Detailed filing. Detailed filing data is available for this year.$4.87$0.16$4.71$2.84$2.83$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.73$0.13$4.59$3.00$2.75$0.25
2014Summary only. Only limited summary data is available for this year.$4.58$0.20$4.38$2.59$2.56$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.52$0.23$4.28$2.43$2.48$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.13$4.08$2.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.13$3.65$2.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.13$3.56$2.31
Peer Organizations

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