Civic Intelligence

Senior Homeshares

EIN 81-2095353 • 501(c)3 • Boulder, CO

Profile

Senior Homeshares is an online housemate service specifically for older adults. We match elders who have more home than they need or can afford with elders on a fixed income who are looking for safe, affordable housing. Many of our users are empty-nesters, widows, or widowers, who may have an especially difficult time adapting to life alone.

2890 Shadow Creek Drive Suite 305Boulder, CO 80303

www.seniorhomeshares.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.05x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-48%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

33rd percentile

-19%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-75%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$7,164

Down $1,628 (-19%) from 2020

Liabilities

Down

$174

Down $101 (-37%) from 2020

Net Assets

Down

$6,990

Down $1,527 (-18%) from 2020

Revenue

Down

$3,176

Down $9,669 (-75%) from 2020

Expenses

Down

$4,703

Down $908 (-16%) from 2020

Net Income

Down

-$1,527

Down $8,761 (-121%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2017: $2,813Liabilities 2017: $1,089Net Assets 2017: $1,7242017Assets 2018: $2,141Liabilities 2018: $154Net Assets 2018: $1,9872018Assets 2020: $8,792Liabilities 2020: $275Net Assets 2020: $8,5172020Assets 2021: $7,164Liabilities 2021: $174Net Assets 2021: $6,9902021

Highlighted filing

2021

Assets$7,164
Liabilities$174
Net Assets$6,990

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2017: $16,920Expenses 2017: $22,307Net Income 2017: -$5,3872017Revenue 2018: $9,842Expenses 2018: $9,579Net Income 2018: $2632018Revenue 2020: $12,845Expenses 2020: $5,611Net Income 2020: $7,2342020Revenue 2021: $3,176Expenses 2021: $4,703Net Income 2021: -$1,5272021

Highlighted filing

2021

Revenue$3,176
Expenses$4,703
Net Income-$1,527

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 29, 2022
Return Version
2021v4.0
Gross Receipts
$3,176
Mission and Program Overview

Mission

Senior Homeshares is an online housemate service specifically for older adults. We match elders who have more home than they need or can afford with elders on a fixed income who are looking for safe, affordable housing. Many of our users are empty-nesters, widows, or widowers, who may have an especially difficult time adapting to life alone.

Senior homeshares is an online housemate service specifically for older adults. We match elders who have extra room in their homes with elders on a fixed income who are looking for safe, affordable housing. Many of our users are empty-nesters, widows, or widowers, who may have an especially difficult time adapting to life alone.

Program Services

DescriptionGrantsExpenses
HOMESHARING SERVICE - SENIOR HOMESHARES ASSISTS ELDERLY AMERICANS IN LOCATING AND MAINTAINING HOUSING THAT IS SAFE AND AFFORDABLE. THE ORGANIZATION FOCUSES ON SHARED HOUSING OPTIONS, WHICH PROVIDE SAFETY AND AFFORDABILITY, BUT CAN ALSO: ENHANCE QUALITY OF LIFE BY INCREASING OPPORTUNITY FOR PERSONAL ENGAGEMENT AND REDUCE THE COSTS OF HEALTH CARE AND OTHER SUPPORT SERVICES BY ARRANGING FOR THOSE SERVICES ON A COMBINED BASIS.$0$947
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE HEACOXExecutive DirectorPT$0--
MALCOLM MCDONALDChief Technology Officer-$0--
ELIZABETH BAGDONBoard Member-$0--
HARRY MOODYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Senior Homeshares
EIN
81-2095353
Phone
9177970719
Address
2890 SHADOW CREEK DRIVE SUITE 305, BOULDER, CO 80303

Signing Officer

Name
Stephanie Heacox
Title
Executive Director
Phone
9177970719
Signed
2022-07-29
Discuss with paid preparer
Yes

Preparer

Firm
Easy Office Dba Jitasa
Address
1750 W FRONT STREET SUITE 200, BOISE, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^INFORMATION TECHNOLOGY;829|OFFICE EXPENSES;232|ADVERTISING;130^Total;1191^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^CREDIT CARDS PAYABLE;174^Total;174^

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0SENIOR HOMESHARES IS AN ONLINE HOUSEMATE SERVICE SPECIFICALLY FOR OLDER ADULTS. WE MATCH ELDERS WHO HAVE EXTRA ROOM IN THEIR HOMES WITH ELDERS ON A FIXED INCOME WHO ARE LOOKING FOR SAFE, AFFORDABLE HOUSING. MANY OF OUR USERS ARE EMPTY-NESTERS, WIDOWS, OR WIDOWERS, WHO MAY HAVE AN ESPECIALLY DIFFICULT TIME ADAPTING TO LIFE ALONE.
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0SENIOR HOMESHARES CONTINUES TO BE ACTIVELY ENGAGED IN THE SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, AND VAST MAJORITY OF OUR FUNDRAISING EFFORT IS PUT TOWARD SECURING SUPPORT FROM THE GENERAL PUBLIC. WE ARE CURRENTLY WORKING TO INCREASE OUR FUNDRAISING CAPACITY TO ALLOW US TO ACCEPT LARGER GRANTS AND DONATIONS WITHOUT UPSETTING OUR PUBLIC SUPPORT PERCENTAGE. SENIOR HOMESHARES HAS FALLEN SLIGHTLY BELOW THE 33.33% SUPPORT REQUIREMENT IN 2021, BECAUSE THE EARLY SUPPORT THE FOUNDER PROVIDED AT THE ORGANIZATION'S INCEPTION WEIGHS HEAVILY IN THIS INITIAL FIVE-YEAR CALCULATION PERIOD. THE BALANCE OF PUBLIC SUPPORT WILL BE REESTABLISHED NEXT YEAR WHEN THE FOUNDER'S EARLY CONTRIBUTION WILL BE AMELIORATED BY ONGOING PUBLIC SUPPORT.
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