Civic Intelligence

Sterling Campus Inc.

990 • Fiscal year 2023 • EIN 87-4026507

Jun 01, 2022 to May 31, 2023 • Filed on Mar 01, 2024

236 West Main StreetMT Sterling, KY 40353

(859) 404-7686

Siviq Scores

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

Liabilities / Assets

90th percentile

0.88x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

202.75x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

41st percentile

$157,970

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 202.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

49th percentile

5.9%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-96%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$18,043,163

Up $1,002,079 (+5.9%) from 2022

Net Assets

Down

$2,184,839

Down $31,344 (-1.4%) from 2022

Liabilities

Up

$15,858,324

Up $1,033,423 (+7.0%) from 2022

Revenue

Down

$78,217

Down $2,146,406 (-96%) from 2022

Expenses

Up

$109,561

Up $101,121 (+1198%) from 2022

Net Income

Down

-$31,344

Down $2,247,527 (-101%) from 2022

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2022: $17,041,084Liabilities 2022: $14,824,901Net Assets 2022: $2,216,1832022Assets 2023: $18,043,163Liabilities 2023: $15,858,324Net Assets 2023: $2,184,8392023Assets 2024: $16,802,422Liabilities 2024: $14,441,241Net Assets 2024: $2,361,1812024Assets 2025: $16,868,057Liabilities 2025: $14,446,667Net Assets 2025: $2,421,3902025

Highlighted filing

2023

Assets$18,043,163
Liabilities$15,858,324
Net Assets$2,184,839

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $2,224,623Expenses 2022: $8,440Net Income 2022: $2,216,1832022Revenue 2023: $78,217Expenses 2023: $109,561Net Income 2023: -$31,3442023Revenue 2024: $677,432Expenses 2024: $501,090Net Income 2024: $176,3422024Revenue 2025: $717,690Expenses 2025: $657,481Net Income 2025: $60,2092025

Highlighted filing

2023

Revenue$78,217
Expenses$109,561
Net Income-$31,344
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Mar 1, 2024
Return Version
2022v5.0
Gross Receipts
$78,217
Mission and Program Overview

Mission

The mission is to facilitate the rental requirements of sterling health solutions to comply with all reporting regulations under the new market tax credit program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,028,852$13,733,793▲ $8,704,941
Cash and Non-Interest-Bearing Accounts$11,873,883$4,129,836▼ $7,744,047
Prepaid Expenses and Deferred Charges$134,375$101,563▼ $32,812
Accounts Receivable$1,686$32,683▲ $30,997
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$17,041,084$18,043,163▲ $1,002,079
Other Assets Total$2,288$45,288▲ $43,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,362,500$14,362,500→ $0
Accounts Payable and Accrued Expenses$462,401$1,495,824▲ $1,033,423
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$14,824,901$15,858,324▲ $1,033,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,216,183$2,184,839▼ $31,344
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,216,183$2,184,839▼ $31,344
Total Liabilities and Net Assets / Fund Balance$17,041,084$18,043,163▲ $1,002,079

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,668,231$0$7,668,231
Buildings$5,520,312$438,657$5,958,969
Land$545,250-$545,250
Compensation and Service Providers

Employees

NameTitleOtherTotal
Florence MahoneyDirector$114,808$114,808

Board Members and Trustees

NameTitle
Tina BryantPresident
Dave DooleyDirector
Kevin RomaneskoDirector
Rick GrantDirector
Roger RiggsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$78,217
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-31,344

Audited Revenue Reconciliation

Revenue per Audited Statements
$78,217
Total Revenue per Audited Statements
$78,217
Total Revenue per Form 990
$78,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$62,280--$62,280
Fees for Services Accounting$26,966--$26,966
Fees for Services Other$20,315--$20,315
Total Functional Expenses$109,561$0$0$109,561

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$109,561
Total Expenses per Audited Statements$109,561
Total Expenses per Form 990$109,561
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 7A

Election of board members --------------------------- the board members of sterling campus, inc. Are reviewed and approved by the board of its supported organization, sterling health solutions, inc.

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

Process for review of 990 -------------------------- a draft of the form 990 is provided to board members to be reviewed prior to filing.

FORM 990, PART VI, SECTION B, LINE 12A, 12B, 12C

Monitoring compliance ---------------------- disclosure and attestation is required to monitor and enforce compliance with the conflict-ofinterest policy. If discussion and/or vote are being taken on an issue representing a conflict of interest or an apparent conflict of interest for a member, the board member shall excuse himself/herself from the vote.

FORM 990, PART VI, SECTION B, LINE 15A

Compensation review -------------------- no compensation is paid. A review was done by sterling health solutions, inc's human resource department.

Form 990, Part VI, Section C, Line 18

Documents available to public ------------------------------ the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request at the discretion of the board of directors and management.

Filing and Contact Details

Filer

Filer Name
Sterling Campus Inc
EIN
87-4026507
In Care Of
% TINA BRYANT
Phone
8594047686
Address
236 WEST MAIN STREET, MT STERLING, KY 40353

Signing Officer

Name
Tina Bryant
Title
President
Phone
8594047686
Signed
2024-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Bryant
Formed
2021
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Forvis Llp
Address
1222 Demonbreun Street Suite 950, Nashville, TN 37203-3357
Preparer
Jeff Smith
Phone
6159883600
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:other professional fees total fees:20315

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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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IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt078217
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0270439902
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0STERLING HEALTH SOLUTIONS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05520312
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0438657
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05958969
IRS990ScheduleD/ExpensesSubtotalAmt0109561
IRS990ScheduleD/LandGrp/BookValueAmt0545250
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0545250
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07668231
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07668231
IRS990ScheduleD/RevenueSubtotalAmt078217
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013733793
IRS990ScheduleD/TotalExpensesPerForm990Amt0109561
IRS990ScheduleD/TotalRevenuePerForm990Amt078217
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt078217
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0109561
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0125631
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt03776
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt021843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TINA BRYANT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0157970
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF BOARD MEMBERS --------------------------- THE BOARD MEMBERS OF STERLING CAMPUS, INC. ARE REVIEWED AND APPROVED BY THE BOARD OF ITS SUPPORTED ORGANIZATION, STERLING HEALTH SOLUTIONS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS FOR REVIEW OF 990 -------------------------- A DRAFT OF THE FORM 990 IS PROVIDED TO BOARD MEMBERS TO BE REVIEWED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING COMPLIANCE ---------------------- DISCLOSURE AND ATTESTATION IS REQUIRED TO MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT-OFINTEREST POLICY. IF DISCUSSION AND/OR VOTE ARE BEING TAKEN ON AN ISSUE REPRESENTING A CONFLICT OF INTEREST OR AN APPARENT CONFLICT OF INTEREST FOR A MEMBER, THE BOARD MEMBER SHALL EXCUSE HIMSELF/HERSELF FROM THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION REVIEW -------------------- NO COMPENSATION IS PAID. A REVIEW WAS DONE BY STERLING HEALTH SOLUTIONS, INC'S HUMAN RESOURCE DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS AVAILABLE TO PUBLIC ------------------------------ THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:20315
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12a, 12b, 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0STERLING HEALTH SOLUTIONS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0270439902
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0236 WEST MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MT STERLING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040353
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt078217
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0STERLING HEALTH SOLUTIONS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false

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