Civic Intelligence

Life Exchange Center

990 • Fiscal year 2016 • EIN 80-0731251

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 17, 2017

13407 Kinsman RoadCleveland, OH 44120

(216) 752-1269

Siviq Scores

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

Liabilities / Assets

76th percentile

0.30x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.07x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

71st percentile

$60,022

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

97th percentile

189%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

50%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$141,625

Up $92,699 (+189%) from 2015

Net Assets

Up

$98,983

Up $76,449 (+339%) from 2015

Liabilities

Up

$42,642

Up $16,250 (+62%) from 2015

Revenue

Up

$598,918

Up $200,093 (+50%) from 2015

Expenses

Up

$522,469

Up $143,847 (+38%) from 2015

Net Income

Up

$76,449

Up $56,246 (+278%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $7,901Liabilities 2012: $7,641Net Assets 2012: $2602012Assets 2013: $27,246Liabilities 2013: $28,514Net Assets 2013: -$1,2682013Assets 2014: $49,208Liabilities 2014: $46,877Net Assets 2014: $2,3312014Assets 2015: $48,926Liabilities 2015: $26,392Net Assets 2015: $22,5342015Assets 2016: $141,625Liabilities 2016: $42,642Net Assets 2016: $98,9832016Assets 2017: $171,543Liabilities 2017: $68,478Net Assets 2017: $103,0652017Assets 2018: $193,834Liabilities 2018: $39,535Net Assets 2018: $154,2992018Assets 2019: $938,011Liabilities 2019: $373,379Net Assets 2019: $564,6322019Assets 2020: $1,049,203Liabilities 2020: $360,071Net Assets 2020: $689,1322020Assets 2021: $1,149,913Liabilities 2021: $391,780Net Assets 2021: $758,1332021Assets 2022: $1,183,857Liabilities 2022: $427,886Net Assets 2022: $755,9712022Assets 2023: $1,133,577Liabilities 2023: $417,516Net Assets 2023: $716,0612023Assets 2024: $1,010,770Liabilities 2024: $369,224Net Assets 2024: $641,5462024

Highlighted filing

2016

Assets$141,625
Liabilities$42,642
Net Assets$98,983

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $242,2592012Revenue 2013: $202,663Expenses 2013: $204,191Net Income 2013: -$1,5282013Revenue 2014: $256,101Expenses 2014: $252,502Net Income 2014: $3,5992014Revenue 2015: $398,825Expenses 2015: $378,622Net Income 2015: $20,2032015Revenue 2016: $598,918Expenses 2016: $522,469Net Income 2016: $76,4492016Revenue 2017: $567,194Expenses 2017: $563,112Net Income 2017: $4,0822017Revenue 2018: $576,822Expenses 2018: $555,588Net Income 2018: $21,2342018Revenue 2019: $1,034,163Expenses 2019: $623,830Net Income 2019: $410,3332019Revenue 2020: $675,417Expenses 2020: $548,276Net Income 2020: $127,1412020Revenue 2021: $796,148Expenses 2021: $740,958Net Income 2021: $55,1902021Revenue 2022: $682,699Expenses 2022: $684,861Net Income 2022: -$2,1622022Revenue 2023: $722,270Expenses 2023: $762,180Net Income 2023: -$39,9102023Revenue 2024: $728,428Expenses 2024: $802,943Net Income 2024: -$74,5152024

Highlighted filing

2016

Revenue$598,918
Expenses$522,469
Net Income$76,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 17, 2017
Return Version
2016v3.0
Gross Receipts
$598,918
Mission and Program Overview

Mission

Assist consumers with development of self-confidence to empower them to achieve their goals and improve the quality of their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$20,573$63,119▲ $42,546
Land, Buildings, and Equipment, Net$23,863$53,376▲ $29,513
Cash and Non-Interest-Bearing Accounts$4,490$25,130▲ $20,640
Total Assets$48,926$141,625▲ $92,699
Liabilities
Accounts Payable and Accrued Expenses$26,392$42,642▲ $16,250
Total Liabilities$26,392$42,642▲ $16,250
Net Assets / Fund Balance
Unrestricted Net Assets$22,534$98,983▲ $76,449
Total Net Assets Fund Balance$22,534$98,983▲ $76,449
Total Liabilities and Net Assets / Fund Balance$48,926$141,625▲ $92,699

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$32,025$4,575$36,600
Leasehold Improvements$21,351$3,768$25,119
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Orlando GrantFormer Executive DirectorFT$52,067$7,955$60,022
Dr Martha Ann PottsExecutive Director, Board MemberFT$7,933-$7,933

Board Members and Trustees

NameTitle
Terry Edwards-lesterPresident
Susan GoodwynVice-president
Catherine WrightBoard Member
Cheryl Ann WilliamsBoard Member
Darlene Darby-baldwinBoard Member
Deborah BakerBoard Member
Elbert W Clark JrBoard Member
Gertrude McbeathBoard Member
Johnny RandallBoard Member
Pamela HopkinsBoard Member
Quita L ThompsonBoard Member
Yeletta CoulterBoard Member
James PooleSecretary
Omar BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$598,918
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$82,016
Change in Net Assets
$76,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$288,435
Other Expenses$234,034
Total Fundraising Expense$723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,532--$179,532
Current Officers, Directors, Trustees, and Key Employees$56,486$10,849$620$67,955
Office Expenses$54,535--$54,535
Fees for Services Other$39,559--$39,559
Occupancy$38,783--$38,783
Payroll Taxes$29,962$1,377$79$31,418
Other Employee Benefits$9,089$417$24$9,530
Depreciation Depletion$7,087--$7,087
Insurance$6,847--$6,847
Fees for Services Management-$6,000-$6,000
Other Expenses$5,634--$5,634
Fees for Services Legal$5,039--$5,039
Travel$2,864--$2,864
Fees for Services Accounting-$1,000-$1,000
Conferences and Meetings$300--$300
Total Functional Expenses$502,103$19,643$723$522,469
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, line 11B

Our board president and accountant will review the 990 prior to the board meeting. The 990 will then be presented to the full board for approval.

Form 990, Part VI, Section C, line 19

The organization chooses not to make its governing documents, policies, and financial reports available to the public.

Filing and Contact Details

Filer

Filer Name
Life Exchange Center
EIN
80-0731251
Phone
2167521269
Address
13407 KINSMAN ROAD, CLEVELAND, OH 44120

Signing Officer

Name
Terry Lester
Title
Chairman
Phone
2167521269
Signed
2017-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Lester
Formed
2011
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
26
Volunteers
16

Preparer

Firm
Maloney Novotny LLC
Address
1111 Superior Ave Suite 700, Cleveland, OH 44114-2540
Preparer
Allen C Waddle Jr
Phone
2163630100
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IRS990/MissionDesc0TO PROVIDE CONSUMER OPERATED SERVICES IN A DROP-IN CENTER, RUN WITH LIMITED EXCEPTIONS, BY ADULTS WITH MENTAL ILLNESS WHO ARE ACTIVELY ENGAGED IN THEIR OWN RECOVERY PROCESS, TO ADULTS WITH MENTAL ILLNESS THAT INCLUDE ADVOCACY, EDUCATIONAL AND RECREATIONAL ACTIVITIES, PEER SUPPORT, SOCIAL INTERACTION AND GROUP EXPERIENCES, IN AN ACCEPTING FAMILY LIKE ENVIRONMENT. TO PROVIDE SERVICES WHICH ARE NOT ONLY DELIVERED BY CONSUMERS, BUT ALSO ARE PLANNED, DEVELOPED AND EVALUATED BY CONSUMERS. TO PROVIDE CONSUMERS WITH OPPORTUNITIES TO DEVELOP SELF EMPOWERMENT AND TO MAKE INFORMED CHOICES. MEMBERS ARE ENCOURAGED TO BECOME INVOLVED IN THE DAILY OPERATIONS OF THE ORGANIZATION, BY BEING ROLE MODELS AND GIVING AND RECEIVING SUPPORT FROM EACH OTHER. TO DELIVER HOLISTIC SERVICES WHICH ARE PERSON-CENTERED, STRENGTH BASED, FLEXIBLE AND RESPONSIVE TO THE UNIQUE NEEDS OF EACH MEMBER ON THEIR INDIVIDUAL RECOVERY JOURNEY, WITHIN THE CONTEXT OF THE LARGER COMMUNITY. TO PROVIDE ACCESS TO OTHER SUPPORTS, WITH R
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt024
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0417
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09089
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09530
IRS990/OtherExpensesGrp/Desc0CLIENT FOOD AND OUTINGS
IRS990/OtherExpensesGrp/Desc1COPIER LEASING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt057867
IRS990/OtherExpensesGrp/ProgramServicesAmt18519
IRS990/OtherExpensesGrp/ProgramServicesAmt25634
IRS990/OtherExpensesGrp/TotalAmt057867
IRS990/OtherExpensesGrp/TotalAmt18519
IRS990/OtherExpensesGrp/TotalAmt25634
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0179532
IRS990/OtherSalariesAndWagesGrp/TotalAmt0179532
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt079
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01377
IRS990/PayrollTaxesGrp/ProgramServicesAmt029962
IRS990/PayrollTaxesGrp/TotalAmt031418
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRY LESTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0392916
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0215122
IRS990/PYOtherRevenueAmt05812
IRS990/PYProgramServiceRevenueAmt097
IRS990/PYRevenuesLessExpensesAmt020203
IRS990/PYSalariesCompEmpBnftPaidAmt0163500
IRS990/PYTotalExpensesAmt0378622
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0398825
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt076449
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0598918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0392916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0254295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0202663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0242519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01691311
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01806
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04901
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99710
IRS990ScheduleA/PublicSupportPY170Pct00.99550
IRS990ScheduleA/PublicSupportTotal170Amt01691311
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0598918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0392916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0254295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0202663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0242519
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01691311
IRS990ScheduleA/TotalSupportAmt01696212
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/ScheduleBRequiredInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021351
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03768
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt025119
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032025
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04575
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053376
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR BOARD PRESIDENT AND ACCOUNTANT WILL REVIEW THE 990 PRIOR TO THE BOARD MEETING. THE 990 WILL THEN BE PRESENTED TO THE FULL BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CHOOSES NOT TO MAKE ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt048926
IRS990/TotalAssetsEOYAmt0141625
IRS990/TotalAssetsGrp/BOYAmt048926
IRS990/TotalAssetsGrp/EOYAmt0141625
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0598918
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0723
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019643
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0502103
IRS990/TotalFunctionalExpensesGrp/TotalAmt0522469
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026392
IRS990/TotalLiabilitiesEOYAmt042642
IRS990/TotalLiabilitiesGrp/BOYAmt026392
IRS990/TotalLiabilitiesGrp/EOYAmt042642
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022534
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt098983
IRS990/TotalOtherCompensationAmt07955
IRS990/TotalProgramServiceExpensesAmt0502103
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0598918
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0141625
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02864
IRS990/TravelGrp/TotalAmt02864
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt022534
IRS990/UnrestrictedNetAssetsGrp/EOYAmt098983
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013407 KINSMAN ROAD
IRS990/USAddress/CityNm0CLEVELAND
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044120
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0lifeexchangecenter.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY LESTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02167521269
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFE EXCHANGE CENTER

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