Civic Intelligence

The Summit at First Hill

990 • Fiscal year 2019 • EIN 91-1973348

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 01, 2020

7500 Seward Park Avenue SouthSeattle, WA 98118

(206) 725-8800

Siviq Scores

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

Liabilities / Assets

67th percentile

0.45x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

1.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

66th percentile

8.5%

Higher net margin than 66% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$712,752

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

26th percentile

-1.0%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

8.8%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Down

$26,615,007

Down $269,800 (-1.0%) from 2018

Net Assets

Up

$14,690,297

Up $1,146,896 (+8.5%) from 2018

Liabilities

Down

$11,924,710

Down $1,416,696 (-11%) from 2018

Revenue

Up

$11,284,776

Up $908,172 (+8.8%) from 2018

Expenses

Up

$10,324,092

Up $683,169 (+7.1%) from 2018

Net Income

Up

$960,684

Up $225,003 (+31%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $36,601,674Liabilities 2010: $25,822,072Net Assets 2010: $10,779,6022010Assets 2011: $33,183,959Liabilities 2011: $23,206,719Net Assets 2011: $9,977,2402011Assets 2012: $31,853,217Liabilities 2012: $20,683,245Net Assets 2012: $11,169,9722012Assets 2013: $31,701,082Liabilities 2013: $19,534,346Net Assets 2013: $12,166,7362013Assets 2014: $30,317,888Liabilities 2014: $18,450,460Net Assets 2014: $11,867,4282014Assets 2015: $29,758,345Liabilities 2015: $17,300,118Net Assets 2015: $12,458,2272015Assets 2016: $28,428,336Liabilities 2016: $15,881,752Net Assets 2016: $12,546,5842016Assets 2017: $27,643,361Liabilities 2017: $14,699,196Net Assets 2017: $12,944,1652017Assets 2018: $26,884,807Liabilities 2018: $13,341,406Net Assets 2018: $13,543,4012018Assets 2019: $26,615,007Liabilities 2019: $11,924,710Net Assets 2019: $14,690,2972019Assets 2020: $26,484,386Liabilities 2020: $10,537,738Net Assets 2020: $15,946,6482020Assets 2021: $25,796,567Liabilities 2021: $9,518,498Net Assets 2021: $16,278,0692021Assets 2022: $24,897,147Liabilities 2022: $9,208,956Net Assets 2022: $15,688,1912022Assets 2023: $24,959,522Liabilities 2023: $9,651,962Net Assets 2023: $15,307,5602023Assets 2024: $24,777,258Liabilities 2024: $9,746,282Net Assets 2024: $15,030,9762024

Highlighted filing

2019

Assets$26,615,007
Liabilities$11,924,710
Net Assets$14,690,297

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,793,5662010Revenue 2011: $8,622,531Expenses 2011: $9,228,042Net Income 2011: -$605,5112011Expenses 2012: $7,875,4252012Revenue 2013: $9,403,739Expenses 2013: $8,501,367Net Income 2013: $902,3722013Revenue 2014: $8,047,618Expenses 2014: $8,351,686Net Income 2014: -$304,0682014Revenue 2015: $8,958,699Expenses 2015: $8,323,563Net Income 2015: $635,1362015Revenue 2016: $8,958,769Expenses 2016: $8,919,526Net Income 2016: $39,2432016Revenue 2017: $9,635,679Expenses 2017: $9,290,081Net Income 2017: $345,5982017Revenue 2018: $10,376,604Expenses 2018: $9,640,923Net Income 2018: $735,6812018Revenue 2019: $11,284,776Expenses 2019: $10,324,092Net Income 2019: $960,6842019Revenue 2020: $12,329,555Expenses 2020: $11,142,592Net Income 2020: $1,186,9632020Revenue 2021: $11,254,963Expenses 2021: $10,961,807Net Income 2021: $293,1562021Revenue 2022: $11,470,384Expenses 2022: $11,661,303Net Income 2022: -$190,9192022Revenue 2023: $11,882,884Expenses 2023: $12,506,631Net Income 2023: -$623,7472023Revenue 2024: $13,112,511Expenses 2024: $13,558,599Net Income 2024: -$446,0882024

Highlighted filing

2019

Revenue$11,284,776
Expenses$10,324,092
Net Income$960,684
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 1, 2020
Return Version
2019v5.1
Gross Receipts
$11,333,403
Mission and Program Overview

Mission

The summit at first hill provides assisted living, social activity services and residential services to over 140 elderly adults.

Provides assisted services and residential services to over 140 elderly adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,949,026$24,118,050▼ $830,976
Investments in Publicly Traded Securities$1,185,431$1,421,625▲ $236,194
Investments Other Securities$140,291$134,441▼ $5,850
Accounts Receivable$121,094$119,318▼ $1,776
Cash and Non-Interest-Bearing Accounts$228,429$109,519▼ $118,910
Prepaid Expenses and Deferred Charges$37,819$33,204▼ $4,615
Total Assets$26,884,807$26,615,007▼ $269,800
Other Assets Total$222,717$678,850▲ $456,133
Liabilities
Tax Exempt Bond Liabilities$12,232,637$10,860,993▼ $1,371,644
Other Liabilities$857,349$853,864▼ $3,485
Accounts Payable and Accrued Expenses$123,434$124,145▲ $711
Deferred Revenue$127,986$85,708▼ $42,278
Total Liabilities$13,341,406$11,924,710▼ $1,416,696
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,543,401$14,685,287▲ $1,141,886
Net Assets With Donor Restrictions-$5,010-
Total Net Assets Fund Balance$13,543,401$14,690,297▲ $1,146,896
Total Liabilities and Net Assets / Fund Balance$26,884,807$26,615,007▼ $269,800

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,232,703$14,977,505$35,210,208
Land$3,263,032-$3,263,032
Equipment$622,315$1,755,779$2,378,094
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jeremy DuitchDirector CulinaryFT$118,068$118,068

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$902,938
Program Service Revenue
$10,367,775
Investment Income
$14,063
Other Revenue
$0
All Other Contributions
$106,098
Change in Net Assets
$960,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,085,645
Other Expenses$4,238,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,772,157$139,545-$4,911,702
Occupancy$1,188,074$10,646-$1,198,720
Depreciation Depletion$1,098,643$22,421-$1,121,064
Payroll Taxes$439,343$10,727-$450,070
Other Employee Benefits$312,805$14,060-$326,865
Current Officers, Directors, Trustees, and Key Employees-$290,405-$290,405
Fees for Services Other$245,052--$245,052
Office Expenses$110,897--$110,897
Pension Plan Contributions$96,514$10,089-$106,603
All Other Expenses$98,026--$98,026
Advertising$48,022--$48,022
Other Expenses$23,444--$23,444
Travel$16,916--$16,916
Fees for Service Investment Mgmnt Fees-$8,058-$8,058
Conferences and Meetings$2,530--$2,530
Fees for Services Accounting-$1,800-$1,800
Total Functional Expenses$9,816,341$507,751$0$10,324,092
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
Unit Security Deposits$853,864

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWashington State Housing Finance Commission2011-12-08$20,880,000TO REFINANCE BONDS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,880,000$20,602,207$20,620,000$277,793

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
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
Yes
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 6

The kline galland center is the sole corporate member of a group of affiliated adult care organizations which have common representation on certain boards of governance. The summit at first hill is a member of the group of affiliated adult care organizations. Donors are members but do not have the power to appoint the board.

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

The form 990 is reviewed first by the cfo, and then the ceo and all members of the board receive a draft prior to the filing of the form 990.

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

All board members are required to annualy sign a statement of independence and disclose any conflicts. The disclosures are reviewed by the cfo and ceo. If a conflict is noted, the individual with the conflict will recuse themselves from discussions at the least and at the most will resign from the board until the conflict is resolved.

Form 990, Part VI, Section B, Line 15

A committee of the board determines the ceo's compensation by consulting a national salary survey. Compensation of the other officers and key employees of the organization are determined via local salary surveys.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
The Summit at First Hill
EIN
91-1973348
Phone
2067258800
Address
7500 SEWARD PARK AVENUE SOUTH, SEATTLE, WA 98118

Signing Officer

Name
Jeffrey Cohen
Title
CEO
Phone
2067258800
Signed
2020-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Cohen
Formed
1999
Legal Domicile
Wa
Voting Board Members
39
Independent Board Members
38
Employees
0
Volunteers
119

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Kari Moore CPA
Phone
2066288990
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight process or selection process during the tax year.

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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/ActivityOrMissionDesc0PROVIDES ASSISTED SERVICES AND RESIDENTIAL SERVICES TO OVER 140 ELDERLY ADULTS.
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt350
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt420
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt440
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFREY COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTINE AN
IRS990/Form990PartVIISectionAGrp/PersonNm2TRACEY GROSCOST
IRS990/Form990PartVIISectionAGrp/PersonNm3RACHELLE RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm4LETA MEDINA
IRS990/Form990PartVIISectionAGrp/PersonNm5JEREMY DUITCH
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK ALMO
IRS990/Form990PartVIISectionAGrp/PersonNm7IRENE FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm8BARBARA SULMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9JAY RIFFKIN
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT SIMON
IRS990/Form990PartVIISectionAGrp/PersonNm11BRIAN QUINT
IRS990/Form990PartVIISectionAGrp/PersonNm12JEANIE ALHADEFF
IRS990/Form990PartVIISectionAGrp/PersonNm13BECKY BENAROYA
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID BENOLIEL
IRS990/Form990PartVIISectionAGrp/PersonNm15MARC BRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm16MARLENE BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm17OLGA BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHAEL COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm19LILLY DEJAEN
IRS990/Form990PartVIISectionAGrp/PersonNm20LYNN DUBEY
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID FAIN
IRS990/Form990PartVIISectionAGrp/PersonNm22STEVEN FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23CHARLES GOTTSCHALK
IRS990/Form990PartVIISectionAGrp/PersonNm24LAUREN JASSNY
IRS990/Form990PartVIISectionAGrp/PersonNm25MARK KANE
IRS990/Form990PartVIISectionAGrp/PersonNm26IRVIN KARL
IRS990/Form990PartVIISectionAGrp/PersonNm27ALLAN KLIGERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm28THOMAS LEAVITT
IRS990/Form990PartVIISectionAGrp/PersonNm29ALVIN MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm30JAMES MIREL
IRS990/Form990PartVIISectionAGrp/PersonNm31MICHAEL MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm32SALLY NARODICK
IRS990/Form990PartVIISectionAGrp/PersonNm33JEFF PIHA
IRS990/Form990PartVIISectionAGrp/PersonNm34BILLY POLL
IRS990/Form990PartVIISectionAGrp/PersonNm35ARI ROBICSEK
IRS990/Form990PartVIISectionAGrp/PersonNm36DOUGLAS ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm37ARTHUR RUBINFELD
IRS990/Form990PartVIISectionAGrp/PersonNm38GARY SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm39STEVEN SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm40DAVID SHAPIRO
IRS990/Form990PartVIISectionAGrp/PersonNm41ALLAN STEINMAN
IRS990/Form990PartVIISectionAGrp/PersonNm42FAITH STEVELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm43DORIS STIEFEL
IRS990/Form990PartVIISectionAGrp/PersonNm44DOUG WIVIOTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt370
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt390
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt410
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt430
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0671255
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1311937
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.8$9.75$15.0$13.1$13.6$0.45
2023Detailed filing. Detailed filing data is available for this year.$25.0$9.65$15.3$11.9$12.5$0.62
2022Detailed filing. Detailed filing data is available for this year.$24.9$9.21$15.7$11.5$11.7$0.19
2021Detailed filing. Detailed filing data is available for this year.$25.8$9.52$16.3$11.3$11.0$0.29
2020Detailed filing. Detailed filing data is available for this year.$26.5$10.5$15.9$12.3$11.1$1.19
2019Detailed filing. Detailed filing data is available for this year.$26.6$11.9$14.7$11.3$10.3$0.96
2018Detailed filing. Detailed filing data is available for this year.$26.9$13.3$13.5$10.4$9.64$0.74
2017Detailed filing. Detailed filing data is available for this year.$27.6$14.7$12.9$9.64$9.29$0.35
2016Detailed filing. Detailed filing data is available for this year.$28.4$15.9$12.5$8.96$8.92$0.04
2015Detailed filing. Detailed filing data is available for this year.$29.8$17.3$12.5$8.96$8.32$0.64
2014Detailed filing. Detailed filing data is available for this year.$30.3$18.5$11.9$8.05$8.35$0.30
2013Detailed filing. Detailed filing data is available for this year.$31.7$19.5$12.2$9.40$8.50$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.9$20.7$11.2$7.88
2011Summary only. Only limited summary data is available for this year.$33.2$23.2$9.98$8.62$9.23$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.6$25.8$10.8$7.79