Civic Intelligence

Life Exchange Center

990 • Fiscal year 2019 • EIN 80-0731251

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

13407 Kinsman RoadCleveland, OH 44120

(216) 752-1774

Siviq Scores

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

Liabilities / Assets

77th percentile

0.40x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.36x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

50th percentile

$62,000

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

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

Asset Growth

99th percentile

384%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

92nd percentile

79%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Up

$938,011

Up $744,177 (+384%) from 2018

Net Assets

Up

$564,632

Up $410,333 (+266%) from 2018

Liabilities

Up

$373,379

Up $333,844 (+844%) from 2018

Revenue

Up

$1,034,163

Up $457,341 (+79%) from 2018

Expenses

Up

$623,830

Up $68,242 (+12%) from 2018

Net Income

Up

$410,333

Up $389,099 (+1832%) from 2018

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

2019

Assets$938,011
Liabilities$373,379
Net Assets$564,632

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

2019

Revenue$1,034,163
Expenses$623,830
Net Income$410,333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$1,034,163
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.

It is a beacon of hope and recovery from individuals with mental health/substance use issues. The Center is designed to assist with the recovery process by providing social support, educational programs, and life skills training for individuals in recovery

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,052$817,130▲ $787,078
Cash and Non-Interest-Bearing Accounts$161,777$77,070▼ $84,707
Accounts Receivable$2,005$43,811▲ $41,806
Total Assets$193,834$938,011▲ $744,177
Liabilities
Unsecured Notes Loans Payable-$345,970-
Accounts Payable and Accrued Expenses$39,535$27,409▼ $12,126
Total Liabilities$39,535$373,379▲ $333,844
Net Assets / Fund Balance
Total Net Assets Fund Balance$154,299$564,632▲ $410,333
Total Liabilities and Net Assets / Fund Balance$193,834$938,011▲ $744,177

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$779,240$19,360$798,600
Other Land Buildings$4,575$32,025$36,600
Equipment$13,815$11,304$25,119
Land$19,500-$19,500
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019----$0
2018----$0
2017----$0
2016----$0
2015----$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richgina Jeff-carterExecutive DirectorFT$62,000$62,000

Board Members and Trustees

NameTitle
James PoolePresident
Terry LesterVice President
Catherine WrightBoard Member
Cheryl Ann WilliamsBoard Member
Elbert W Clark JrBoard Member
Gertrude McbeathBoard Member
Johnny RandallBoard Member
Kimberly F BrownBoard Member
Linda EdwardsBoard Member
Stefan BudzBoard Member
Susan GoodwynBoard Member
Victoria EllisonBoard Member
Yeletta CoulterBoard Member
Susan BilyeuSecretary
Omar BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,034,163
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$508,730
Change in Net Assets
$410,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,034,163
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,034,163
Total Revenue per Form 990
$1,034,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$375,963
Other Expenses$247,867
Total Fundraising Expense$7,654
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$271,091--$271,091
Current Officers, Directors, Trustees, and Key Employees$49,945$13,319$3,330$66,594
Occupancy$37,898$10,468-$48,366
Fees for Services Other$45,125--$45,125
Other Employee Benefits$29,251$8,772$255$38,278
Depreciation Depletion$24,638$6,384-$31,022
Fees for Services Accounting-$26,524-$26,524
Travel$23,316$53-$23,369
Insurance$6,376$2,125-$8,501
Conferences and Meetings$1,751--$1,751
Other Expenses$617$1,000$4,069$617
Fees for Services Legal-$500-$500
Total Functional Expenses$543,577$72,599$7,654$623,830

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$623,830
Total Expenses per Audited Statements$623,830
Total Expenses per Form 990$623,830
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
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
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, 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
2167521774
Address
13407 KINSMAN ROAD, Cleveland, OH 44120

Signing Officer

Name
James
Title
Board President
Phone
2164017597
Signed
2020-07-14

Organization Details

Formed
2011
Voting Board Members
16
Independent Board Members
16
Employees
24
Volunteers
10

Preparer

Firm
Snyder Accounting & Tax Services LLC
Address
2101 Front Street Suite 104, Cuyahoga Falls, OH 44221
Preparer
Marshae Snyder
Phone
3303297931
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IRS990/NetAssetsOrFundBalancesBOYAmt0154299
IRS990/NetAssetsOrFundBalancesEOYAmt0564632
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010468
IRS990/OccupancyGrp/ProgramServicesAmt037898
IRS990/OccupancyGrp/TotalAmt048366
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0255
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08772
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029251
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038278
IRS990/OtherExpensesGrp/Desc0Equipment rental and supplies
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Dues, fees and licenses
IRS990/OtherExpensesGrp/Desc3Misc
IRS990/OtherExpensesGrp/FundraisingAmt04069
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03249
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21000
IRS990/OtherExpensesGrp/ProgramServicesAmt011993
IRS990/OtherExpensesGrp/ProgramServicesAmt139013
IRS990/OtherExpensesGrp/ProgramServicesAmt22563
IRS990/OtherExpensesGrp/ProgramServicesAmt3617
IRS990/OtherExpensesGrp/TotalAmt015242
IRS990/OtherExpensesGrp/TotalAmt143287
IRS990/OtherExpensesGrp/TotalAmt23563
IRS990/OtherExpensesGrp/TotalAmt3617
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0271091
IRS990/OtherSalariesAndWagesGrp/TotalAmt0271091
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JAMES POOLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045929
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt045929
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0164504
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0164504
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0572952
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0215074
IRS990/PYOtherRevenueAmt03870
IRS990/PYRevenuesLessExpensesAmt021234
IRS990/PYSalariesCompEmpBnftPaidAmt0340514
IRS990/PYTotalExpensesAmt0555588
IRS990/PYTotalRevenueAmt0576822
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0410333
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0315000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01034163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0572952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0567194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0598918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0392916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03166143
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03870
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03095
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06965
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99780
IRS990ScheduleA/PublicSupportPY170Pct00.99630
IRS990ScheduleA/PublicSupportTotal170Amt03166143
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01034163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0572952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0567194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0598918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0392916
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03166143
IRS990ScheduleA/TotalSupportAmt03173108
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BuildingsGrp/BookValueAmt0779240
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019360
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0798600
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt013815
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011304
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025119
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0623830
IRS990ScheduleD/LandGrp/BookValueAmt019500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04575
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032025
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036600
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01034163
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0817130
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0623830
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt01034163
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01034163
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0623830
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0193834
IRS990/TotalAssetsEOYAmt0938011

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