Civic Intelligence

Silver Sage Manor Inc.

990 • Fiscal year 2023 • EIN 88-0266437

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

3870 Neil Road Suite AReno, NV 89502

(775) 329-1155

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

49th percentile

0.17x

Higher debt load relative to revenue than 49% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$110,027

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

46th percentile

4.2%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-50%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,598,925

Up $225,828 (+4.2%) from 2022

Net Assets

Up

$5,508,261

Up $218,628 (+4.1%) from 2022

Liabilities

Up

$90,664

Up $7,200 (+8.6%) from 2022

Revenue

Down

$524,520

Down $517,447 (-50%) from 2022

Expenses

Up

$408,794

Up $58,015 (+17%) from 2022

Net Income

Down

$115,726

Down $575,462 (-83%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,357,356Liabilities 2010: $291,111Net Assets 2010: $1,066,2452010Assets 2011: $2,962,330Liabilities 2011: $1,931,469Net Assets 2011: $1,030,8612011Assets 2012: $5,107,298Liabilities 2012: $3,160,343Net Assets 2012: $1,946,9552012Assets 2013: $7,116,382Liabilities 2013: $2,803,024Net Assets 2013: $4,313,3582013Assets 2014: $7,893,309Liabilities 2014: $3,487,246Net Assets 2014: $4,406,0632014Assets 2015: $7,604,444Liabilities 2015: $2,969,512Net Assets 2015: $4,634,9322015Assets 2016: $7,711,624Liabilities 2016: $3,006,992Net Assets 2016: $4,704,6322016Assets 2017: $7,732,021Liabilities 2017: $3,040,128Net Assets 2017: $4,691,8932017Assets 2018: $4,804,898Liabilities 2018: $349,578Net Assets 2018: $4,455,3202018Assets 2019: $5,141,487Liabilities 2019: $331,615Net Assets 2019: $4,809,8722019Assets 2020: $5,284,841Liabilities 2020: $333,025Net Assets 2020: $4,951,8162020Assets 2021: $5,416,591Liabilities 2021: $342,988Net Assets 2021: $5,073,6032021Assets 2022: $5,373,097Liabilities 2022: $83,464Net Assets 2022: $5,289,6332022Assets 2023: $5,598,925Liabilities 2023: $90,664Net Assets 2023: $5,508,2612023Assets 2024: $7,017,669Liabilities 2024: $788,054Net Assets 2024: $6,229,6152024

Highlighted filing

2023

Assets$5,598,925
Liabilities$90,664
Net Assets$5,508,261

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $234,630Expenses 2010: $66,749Net Income 2010: $167,8812010Revenue 2011: $48,323Expenses 2011: $83,568Net Income 2011: -$35,2452011Expenses 2012: $61,7822012Revenue 2013: $2,529,453Expenses 2013: $163,050Net Income 2013: $2,366,4032013Revenue 2014: $117,962Expenses 2014: $236,812Net Income 2014: -$118,8502014Revenue 2015: $758,696Expenses 2015: $267,155Net Income 2015: $491,5412015Revenue 2016: $369,669Expenses 2016: $305,939Net Income 2016: $63,7302016Revenue 2017: $199,207Expenses 2017: $252,662Net Income 2017: -$53,4552017Revenue 2018: $285,530Expenses 2018: $297,455Net Income 2018: -$11,9252018Revenue 2019: $384,632Expenses 2019: $334,872Net Income 2019: $49,7602019Revenue 2020: $216,541Expenses 2020: $324,209Net Income 2020: -$107,6682020Revenue 2021: $199,355Expenses 2021: $306,114Net Income 2021: -$106,7592021Revenue 2022: $1,041,967Expenses 2022: $350,779Net Income 2022: $691,1882022Revenue 2023: $524,520Expenses 2023: $408,794Net Income 2023: $115,7262023Revenue 2024: $780,916Expenses 2024: $706,884Net Income 2024: $74,0322024

Highlighted filing

2023

Revenue$524,520
Expenses$408,794
Net Income$115,726
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,199,165
Mission and Program Overview

Mission

Serving the needs of seniors by developing high-quality affordable housing

Serving the needs of seniors by developing high-quality affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,219,528--
Savings and Temporary Cash Investments$42,432$1,726,592▲ $1,684,160
Land, Buildings, and Equipment, Net$1,445,106$1,403,052▼ $42,054
Other Notes and Loans Receivable, Net$250,000$1,007,053▲ $757,053
Accounts Receivable$583,628$845,117▲ $261,489
Cash and Non-Interest-Bearing Accounts$230,700$229,896▼ $804
Investments Program Related$8,491$8,407▼ $84
Prepaid Expenses and Deferred Charges$2,965$2,965→ $0
Total Assets$5,373,097$5,598,925▲ $225,828
Other Assets Total$590,247$375,843▼ $214,404
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,000$80,000→ $0
Accounts Payable and Accrued Expenses$2,564$9,464▲ $6,900
Other Liabilities$900$1,200▲ $300
Total Liabilities$83,464$90,664▲ $7,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,289,633$5,508,261▲ $218,628
Total Net Assets Fund Balance$5,289,633$5,508,261▲ $218,628
Total Liabilities and Net Assets / Fund Balance$5,373,097$5,598,925▲ $225,828

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,093,274$376,782$1,470,056
Land$291,357-$291,357
Equipment$18,421$100,735$119,156
Other Assets Org$291,258--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harry HobsonExecutive DirectorFT$110,027$110,027

Board Members and Trustees

NameTitle
Ken NarducyPresident
Diane TorryVice-president
George a SummerhillTrustee
Grace SchoenfeldTrustee
James RobertsTrustee
Julie OttTrustee
Mark MacdonaldTrustee
Patti BengtsonTrustee
Stephen NovacekTrustee
Jerry MullenSecretary
Linda CanavanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$399,740
Investment Income
$124,780
Other Revenue
$0
Change in Net Assets
$115,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,317
Other Expenses$177,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$89,700$20,327-$110,027
Other Salaries and Wages$92,622$2,697-$95,319
Fees for Services Accounting-$54,930-$54,930
Occupancy$47,826--$47,826
Depreciation Depletion$42,054--$42,054
Payroll Taxes$16,553$2,040-$18,593
Office Expenses$2,843$13,690-$16,533
Other Employee Benefits$6,939$439-$7,378
Insurance$3,503$3,334-$6,837
Fees for Services Management$4,768--$4,768
Conferences and Meetings$654$1,975-$2,629
Other Expenses$900--$900
Total Functional Expenses$309,362$99,432$0$408,794
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits Refundable$1,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

Organization's process is to review form 990. The form 990 is reviewed by the board members prior to its filing.

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

Enforcement of the conflict of interest policy is maintained by annual board review and acknowledgement of the policy in addition to regular reminders at monthly board meetings.

Form 990, Part VI, Section B, Line 15

The executive director's performance and compensation is reviewed anually by the executive committee with recommendations for adjustments made to and approved by the board. Employee performance and compensation of all employees is reviewed annually by the executive committee with recommendations for adjustments made to and approved by the board.

Form 990, Part VI, Section C, Line 19

All documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Silver Sage Manor Inc
EIN
88-0266437
Phone
7753291155
Address
3870 NEIL ROAD SUITE A, RENO, NV 89502

Signing Officer

Name
Linda L Canavan
Title
Treasurer
Phone
7753291155
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth W Narducy
Formed
1991
Legal Domicile
Nv
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
0

Preparer

Firm
Pangborn & Co Ltd
Address
924 SOUTH VIRGINIA ST, RENO, NV 89502
Preparer
David D Kary CPA
Phone
7753281040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 7.

FORM 990, PART XII, LINE 3B:

During 2023 silver sage manor operated with limited staffing. Due to unique vacation and sick time off from its key employee silver sage manor, inc. Was delayed in its completion of and forwarding of internal financial information to its accountants and auditors. Additional challenges in completing financial reporting and back up support provision in a timely manner was complicated by challenges of completing a new project and closing the financing of a second phase at the same time. Silver sage manor, inc. Has engagements in place for both its accounting and auditing to be completed and both are currently being worked on with anticipated completion prior to the end of 2024. While it is believed the delinquency is a one time occurrence, silver sage manor, inc. Is working to bring additional staff to the organization that will assist in the completion of the internal provision of financial statements and back up support to its accountants and auditors in the event of other unforeseen circumstances going forward.

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IRS990/Desc0SILVER SAGE MANOR, INC. PROVIDES HIGH QUALITY AFFORDABLE HOUSING FOR SENIORS AT OR BELOW 50% OF AREA MEDIAN INCOME IN 4 COMPLETED PROPERTIES. IN TOTAL THE PROPERTIES PROVIDE HOUSING FOR 152 SENIOR HOUSEHOLDS. SILVER SAGE MANOR, INC. IS NEARING COMPLETION OF A NEW DEVELOPMENT THAT WILL ADD AN ADDITIONAL 40 UNITS OF AFFORDABLE SENIOR HOUSING TO ITS PORTFOLIO.ADDITIONALLY, SILVER SAGE MANOR, INC. SUPPORTS THE RESIDENTS OF ITS PROPERTIES WITH SENIOR SERVICES COORDINATORS ENGAGING WITH RESIDENTS TO ASSIST THEM IN CONNECTING WITH RESOURCES THAT ALLOW THEM TO SUCCESSFULLY AGE IN PLACE. OUR SENIOR SERVICE COORDINATORS ASSIST RESIDENTS WITH A WIDE VARIETY OF NEEDS. IN 2023 OVER 6500 INTERACTIONS WERE RECORDED WITH OUR COORDINATORS.
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt065833
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt065833
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0102895
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05289633
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05508261
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt047826
IRS990/OccupancyGrp/TotalAmt047826
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013690
IRS990/OfficeExpensesGrp/ProgramServicesAmt02843
IRS990/OfficeExpensesGrp/TotalAmt016533
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0590247
IRS990/OtherAssetsTotalGrp/EOYAmt0375843
IRS990/OtherChangesInNetAssetsAmt07
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0439
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06939
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07378
IRS990/OtherExpensesGrp/Desc0DUES & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc1SENIOR SERVICES SUPPORT
IRS990/OtherExpensesGrp/ProgramServicesAmt01000
IRS990/OtherExpensesGrp/ProgramServicesAmt1900
IRS990/OtherExpensesGrp/TotalAmt01000
IRS990/OtherExpensesGrp/TotalAmt1900
IRS990/OtherLiabilitiesGrp/BOYAmt0900
IRS990/OtherLiabilitiesGrp/EOYAmt01200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02697
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt092622
IRS990/OtherSalariesAndWagesGrp/TotalAmt095319
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0250000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01007053
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02040
IRS990/PayrollTaxesGrp/ProgramServicesAmt016553
IRS990/PayrollTaxesGrp/TotalAmt018593
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02965
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02965
IRS990/PrincipalOfficerNm0KENNETH W NARDUCY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPERS FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT AGREEMENT F
IRS990/ProgramServiceRevenueGrp/Desc3LOSSES MONITORING FEES
IRS990/ProgramServiceRevenueGrp/Desc4GROSS INCOME FROM PART
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0262500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt256282
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316866
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0262500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt256282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4643
IRS990/ProgSrvcAccomActy2Grp/Desc0RENTAL ACTIVITY FOR AN EIGHT UNIT APARTMENT COMPLEX FOR LOW INCOME HOUSING SERVING THE ELDERLY, LOCATED ON MORAN STREET IN RENO, NV
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0103839
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt063449
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0100285
IRS990/PYOtherExpensesAmt0156408
IRS990/PYOtherRevenueAmt0250000
IRS990/PYProgramServiceRevenueAmt0690682
IRS990/PYRevenuesLessExpensesAmt0691188
IRS990/PYSalariesCompEmpBnftPaidAmt0194371
IRS990/PYTotalExpensesAmt0350779
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01041967
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0115726
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0336291
IRS990/SavingsAndTempCashInvstGrp/BOYAmt042432
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01726592
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FORGIVENESS OF DEBT-LOAN FOR LOW INCOME HOUSING - 2022 AMOUNT: $ 250,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt058947
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033671
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt040377
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061661
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt067255
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0261911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0399740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0690712
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0119803
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0139347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0314171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01663773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt058947
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt033671
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040377
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt061661
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt067255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0261911
IRS990ScheduleA/InvestmentIncomeCYPct00.12030
IRS990ScheduleA/InvestmentIncomePYPct00.15040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0250000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0250000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.76490
IRS990ScheduleA/PublicSupportPY509Pct00.72340
IRS990ScheduleA/PublicSupportTotal509Amt01665773
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0399740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0691712
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0119803
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0140347
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0314171
IRS990ScheduleA/Total509Grp/TotalAmt01665773
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0458687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0975383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0202008
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0381426
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02177684
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01093274
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0376782
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01470056
IRS990ScheduleD/EquipmentGrp/BookValueAmt018421
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0100735
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0119156
IRS990ScheduleD/LandGrp/BookValueAmt0291357
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0291357
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt084585
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1291258
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROJECT WORKING LOAN - OROVADA PROJECT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROJECT WORKING LOAN II - OROVADA PROJECT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS REFUNDABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01403052
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0375843
IRS990ScheduleD/TotalLiabilityAmt01200
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS IS TO REVIEW FORM 990. THE FORM 990 IS REVIEWED BY THE BOARD MEMBERS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS MAINTAINED BY ANNUAL BOARD REVIEW AND ACKNOWLEDGEMENT OF THE POLICY IN ADDITION TO REGULAR REMINDERS AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION IS REVIEWED ANUALLY BY THE EXECUTIVE COMMITTEE WITH RECOMMENDATIONS FOR ADJUSTMENTS MADE TO AND APPROVED BY THE BOARD. EMPLOYEE PERFORMANCE AND COMPENSATION OF ALL EMPLOYEES IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE WITH RECOMMENDATIONS FOR ADJUSTMENTS MADE TO AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DURING 2023 SILVER SAGE MANOR OPERATED WITH LIMITED STAFFING. DUE TO UNIQUE VACATION AND SICK TIME OFF FROM ITS KEY EMPLOYEE SILVER SAGE MANOR, INC. WAS DELAYED IN ITS COMPLETION OF AND FORWARDING OF INTERNAL FINANCIAL INFORMATION TO ITS ACCOUNTANTS AND AUDITORS. ADDITIONAL CHALLENGES IN COMPLETING FINANCIAL REPORTING AND BACK UP SUPPORT PROVISION IN A TIMELY MANNER WAS COMPLICATED BY CHALLENGES OF COMPLETING A NEW PROJECT AND CLOSING THE FINANCING OF A SECOND PHASE AT THE SAME TIME. SILVER SAGE MANOR, INC. HAS ENGAGEMENTS IN PLACE FOR BOTH ITS ACCOUNTING AND AUDITING TO BE COMPLETED AND BOTH ARE CURRENTLY BEING WORKED ON WITH ANTICIPATED COMPLETION PRIOR TO THE END OF 2024. WHILE IT IS BELIEVED THE DELINQUENCY IS A ONE TIME OCCURRENCE, SILVER SAGE MANOR, INC. IS WORKING TO BRING ADDITIONAL STAFF TO THE ORGANIZATION THAT WILL ASSIST IN THE COMPLETION OF THE INTERNAL PROVISION OF FINANCIAL STATEMENTS AND BACK UP SUPPORT TO ITS ACCOUNTANTS AND AUDITORS IN THE EVENT OF OTHER UNFORESEEN CIRCUMSTANCES GOING FORWARD.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 3B:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.79$6.23$0.78$0.71$0.07
2023Detailed filing. Detailed filing data is available for this year.$5.60$0.09$5.51$0.52$0.41$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.37$0.08$5.29$1.04$0.35$0.69
2021Detailed filing. Detailed filing data is available for this year.$5.42$0.34$5.07$0.20$0.31$0.11
2020Detailed filing. Detailed filing data is available for this year.$5.28$0.33$4.95$0.22$0.32$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.14$0.33$4.81$0.38$0.33$0.05
2018Detailed filing. Detailed filing data is available for this year.$4.80$0.35$4.46$0.29$0.30$0.01
2017Detailed filing. Detailed filing data is available for this year.$7.73$3.04$4.69$0.20$0.25$0.05
2016Detailed filing. Detailed filing data is available for this year.$7.71$3.01$4.70$0.37$0.31$0.06
2015Detailed filing. Detailed filing data is available for this year.$7.60$2.97$4.63$0.76$0.27$0.49
2014Detailed filing. Detailed filing data is available for this year.$7.89$3.49$4.41$0.12$0.24$0.12
2013Detailed filing. Detailed filing data is available for this year.$7.12$2.80$4.31$2.53$0.16$2.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$3.16$1.95$0.06
2011Summary only. Only limited summary data is available for this year.$2.96$1.93$1.03$0.05$0.08$0.04
2010Summary only. Only limited summary data is available for this year.$1.36$0.29$1.07$0.23$0.07$0.17