Civic Intelligence

IT Takes a Village (Itav) Inc

EIN 82-1263508 • 501(c)3 • Wichita, KS

Profile

To provide at risk youth with a structured, stable, secure and nurturing environment wiht a goal of transitioning them to independent living.

2358 N Ridgewood CTWichita, KS 67220

www.itavtransitionalhomes.net

Siviq Scores

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

Liabilities / Assets

100th percentile

37.23x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.69x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

35th percentile

-2.5%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$98,424

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

6th percentile

-48%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

3.5%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$14,466

Down $13,516 (-48%) from 2022

Liabilities

Up

$538,535

Up $5,834 (+1.1%) from 2022

Net Assets

Down

-$524,069

Down $19,350 (-3.8%) from 2022

Revenue

Up

$785,125

Up $26,605 (+3.5%) from 2022

Expenses

Down

$804,475

Down $143,243 (-15%) from 2022

Net Income

Up

-$19,350

Up $169,848 (+90%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2017: $47,916Liabilities 2017: $24,679Net Assets 2017: $23,2372017Assets 2018: $105,747Liabilities 2018: $59,927Net Assets 2018: $45,8202018Assets 2019: $123,126Liabilities 2019: $74,707Net Assets 2019: $48,4192019Assets 2020: $158,299Liabilities 2020: $194,900Net Assets 2020: -$36,6012020Assets 2021: $191,579Liabilities 2021: $507,100Net Assets 2021: -$315,5212021Assets 2022: $27,982Liabilities 2022: $532,701Net Assets 2022: -$504,7192022Assets 2023: $14,466Liabilities 2023: $538,535Net Assets 2023: -$524,0692023

Highlighted filing

2023

Assets$14,466
Liabilities$538,535
Net Assets-$524,069

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $300,412Expenses 2017: $277,175Net Income 2017: $23,2372017Revenue 2018: $559,006Expenses 2018: $536,423Net Income 2018: $22,5832018Revenue 2019: $932,326Expenses 2019: $929,727Net Income 2019: $2,5992019Revenue 2020: $1,051,299Expenses 2020: $1,136,319Net Income 2020: -$85,0202020Revenue 2021: $785,586Expenses 2021: $1,064,506Net Income 2021: -$278,9202021Revenue 2022: $758,520Expenses 2022: $947,718Net Income 2022: -$189,1982022Revenue 2023: $785,125Expenses 2023: $804,475Net Income 2023: -$19,3502023

Highlighted filing

2023

Revenue$785,125
Expenses$804,475
Net Income-$19,350

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$789,229
Mission and Program Overview

Mission

To provide at risk youth with a structured, stable, secure and nurturing environment with a goal of transitioning them to independent living.

To provide at risk youth with a structured, stable, secure and nurturing environment wiht a goal of transitioning them to independent living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,744$8,252▼ $15,492
Cash and Non-Interest-Bearing Accounts$4,237$6,203▲ $1,966
Savings and Temporary Cash Investments$1$11▲ $10
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-504,719$-524,069▼ $19,350
Total Assets$27,982$14,466▼ $13,516
Liabilities
Mortgage Notes Payable Secured by Investment Property$499,900$497,692▼ $2,208
Other Liabilities$32,801$40,843▲ $8,042
Total Liabilities$532,701$538,535▲ $5,834
Net Assets / Fund Balance
Total Net Assets Fund Balance$-504,719$-524,069▼ $19,350
Total Liabilities and Net Assets / Fund Balance$27,982$14,466▼ $13,516

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,252$73,966$82,218
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William T AtwaterExecutive DirectorFT$98,424$98,424

Board Members and Trustees

NameTitle
Teketa HardingBoard Member
Edward EganSecretary
Alicia ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$779,955
Investment Income
$5,170
Other Revenue
$0
Change in Net Assets
$-19,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$674,860
Grants and Similar Amounts Paid$88,319
Total Fundraising Expense$83,721
Other Expenses$41,296
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,071$78,614$52,410$524,095
Current Officers, Directors, Trustees, and Key Employees$14,764$59,055$24,606$98,425
Grants to Domestic Individuals$88,159--$88,159
Payroll Taxes$33,370$12,265$6,705$52,340
Office Expenses-$12,806-$12,806
Depreciation Depletion$11,387--$11,387
Fees for Services Accounting-$11,101-$11,101
Travel$4,069--$4,069
Interest-$1,716-$1,716
Grants to Domestic Orgs$160--$160
Advertising-$112-$112
Fees for Services Legal-$105-$105
Total Functional Expenses$544,980$175,774$83,721$804,475
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jordan AtwaterDaughter of Executive DirectorJordan Is Employed Full-time With the Organization. Her Compensation Is Determined Based Upon Her Qualifications and Is Aligned With the Compensation of Non-interested PersonsNo$58,517
Michael AtwaterSon of Executive DirectorMichael Is Employed Full-time With the Organization. His Compensation Is Determined Based Upon His Qualifications and Is Aligned With the Compensation of Non-interested PersonsNo$35,925
Tamara AtwaterWife of Executive DirectorTamara Is Employed Part-time With the Organization. Her Compensation Is Determined Based Upon Her Qualifications and Is Aligned With the Compensation of Non-interested PersonsNo$13,775
William T AtwaterExecutive DirectorThe Organization Rents One Home That Houses at Risk Youth From Mr. Atwater. Each Home Was Appraised and the Monthly Rent Was Set at Fair Market Value.No$6,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to a Better Choice$27,233
Meritrust Credit Card$13,610
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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 executive director reviews the form 990 before filing. Subsequently, a copy of the 990 is provided to the board of directors.

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

The board of directors reviews the conflict of interest policy on an annual basis to determine if conflicts exist and how to mitigate their implications.

Form 990, Part VI, Section B, Line 15

The executive director's salary is reviewed annually by the board of directors. The board reviews the performance of the executive director and reviews comparable data from similar organizations before determining salary.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available to the public by request.

Filing and Contact Details

Filer

Filer Name
It Takes a Village (itav) Inc
EIN
82-1263508
Phone
3163714691
Address
2358 N RIDGEWOOD CT, WICHITA, KS 67220

Signing Officer

Name
William T Atwater
Title
Executive Director
Phone
3163714691
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William T Atwater
Formed
2017
Legal Domicile
Ks
Voting Board Members
4
Independent Board Members
3
Employees
24
Volunteers
0

Preparer

Firm
Hanneman CPA Pa
Address
3455 N AMIDON AVE, WICHITA, KS 67204-4147
Preparer
Karen M Montiel CPA
Phone
3168321123
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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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt127233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MERITRUST CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYABLE TO A BETTER CHOICE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08252
IRS990ScheduleD/TotalLiabilityAmt040843
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SHELTER, FOOD, CLOTHING FOR PROGRAM PARTICIPANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt088159
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0SHELTER, FOOD, CLOTHING FOR PROGRAM PARTICIPANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0WILLIAM T ATWATER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JORDAN ATWATER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2MICHAEL ATWATER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3TAMARA ATWATER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DAUGHTER OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2SON OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3WIFE OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd30
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt158517
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt235925
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt313775
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE ORGANIZATION RENTS ONE HOME THAT HOUSES AT RISK YOUTH FROM MR. ATWATER. EACH HOME WAS APPRAISED AND THE MONTHLY RENT WAS SET AT FAIR MARKET VALUE.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1JORDAN IS EMPLOYED FULL-TIME WITH THE ORGANIZATION. HER COMPENSATION IS DETERMINED BASED UPON HER QUALIFICATIONS AND IS ALIGNED WITH THE COMPENSATION OF NON-INTERESTED PERSONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2MICHAEL IS EMPLOYED FULL-TIME WITH THE ORGANIZATION. HIS COMPENSATION IS DETERMINED BASED UPON HIS QUALIFICATIONS AND IS ALIGNED WITH THE COMPENSATION OF NON-INTERESTED PERSONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3TAMARA IS EMPLOYED PART-TIME WITH THE ORGANIZATION. HER COMPENSATION IS DETERMINED BASED UPON HER QUALIFICATIONS AND IS ALIGNED WITH THE COMPENSATION OF NON-INTERESTED PERSONS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 BEFORE FILING. SUBSEQUENTLY, A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS TO DETERMINE IF CONFLICTS EXIST AND HOW TO MITIGATE THEIR IMPLICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND REVIEWS COMPARABLE DATA FROM SIMILAR ORGANIZATIONS BEFORE DETERMINING SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt027982
IRS990/TotalAssetsEOYAmt014466
IRS990/TotalAssetsGrp/BOYAmt027982
IRS990/TotalAssetsGrp/EOYAmt014466
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt083721
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0175774
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0544980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0804475
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0532701
IRS990/TotalLiabilitiesEOYAmt0538535
IRS990/TotalLiabilitiesGrp/BOYAmt0532701
IRS990/TotalLiabilitiesGrp/EOYAmt0538535
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-504719
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-524069
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0544980
IRS990/TotalProgramServiceRevenueAmt0779955
IRS990/TotalReportableCompFromOrgAmt098424
IRS990/TotalRevenueGrp/ExclusionAmt05170
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0779955
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0785125
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027982
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014466
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04069
IRS990/TravelGrp/TotalAmt04069
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02358 N RIDGEWOOD CT
IRS990/USAddress/CityNm0WICHITA
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067220
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://WWW.ITAVTRANSITIONALHOMES.NET
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM T ATWATER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03163714691
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IT TAKES A VILLAGE (ITAV) INC
ReturnHeader/Filer/BusinessNameControlTxt0ITTA
ReturnHeader/Filer/EIN0821263508
ReturnHeader/Filer/PhoneNum03163714691
ReturnHeader/Filer/USAddress/AddressLine1Txt02358 N RIDGEWOOD CT
ReturnHeader/Filer/USAddress/CityNm0WICHITA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067220
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201564384
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANNEMAN CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03455 N AMIDON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WICHITA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0672044147
ReturnHeader/PreparerPersonGrp/PhoneNum03168321123
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN M MONTIEL CPA
ReturnHeader/ReturnTs02024-11-15T13:34:01-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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