Civic Intelligence

Soldotna Area Senior Citizens Inc

EIN 92-0116416 • 501(c)3 • Soldotna, AK

Profile

To support and serve the senior members of the soldotna community. Provide congregate and home delivered meals nutrition services, transportation, recreational services, health and referral services.

197 West Park AvenueSoldotna, AK 99669

n/A

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

5th percentile

-62%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$66,493

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

17th percentile

-9.7%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

6.4%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,689,861

Down $290,169 (-9.7%) from 2023

Liabilities

Down

$77,262

Down $103,426 (-57%) from 2023

Net Assets

Down

$2,612,599

Down $186,743 (-6.7%) from 2023

Revenue

Up

$566,003

Up $34,131 (+6.4%) from 2023

Expenses

Down

$917,599

Down $387,648 (-30%) from 2023

Net Income

Up

-$351,596

Up $421,779 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,402,889Liabilities 2011: $458,076Net Assets 2011: $2,944,8132011Assets 2012: $3,493,419Liabilities 2012: $424,407Net Assets 2012: $3,069,0122012Assets 2013: $3,313,777Liabilities 2013: $13,407Net Assets 2013: $3,300,3702013Assets 2014: $3,578,603Liabilities 2014: $31,435Net Assets 2014: $3,547,1682014Assets 2015: $3,729,314Liabilities 2015: $23,762Net Assets 2015: $3,705,5522015Assets 2016: $3,831,881Liabilities 2016: $16,199Net Assets 2016: $3,815,6822016Assets 2017: $3,881,949Liabilities 2017: $22,389Net Assets 2017: $3,859,5602017Assets 2018: $3,837,083Liabilities 2018: $20,179Net Assets 2018: $3,816,9042018Assets 2019: $3,883,415Liabilities 2019: $56,895Net Assets 2019: $3,826,5202019Assets 2020: $3,863,325Liabilities 2020: $73,647Net Assets 2020: $3,789,6782020Assets 2021: $3,762,086Liabilities 2021: $56,742Net Assets 2021: $3,705,3442021Assets 2022: $3,525,146Liabilities 2022: $31,534Net Assets 2022: $3,493,6122022Assets 2023: $2,980,030Liabilities 2023: $180,688Net Assets 2023: $2,799,3422023Assets 2024: $2,689,861Liabilities 2024: $77,262Net Assets 2024: $2,612,5992024

Highlighted filing

2024

Assets$2,689,861
Liabilities$77,262
Net Assets$2,612,599

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $792,659Expenses 2011: $635,722Net Income 2011: $156,9372011Revenue 2012: $793,951Expenses 2012: $669,752Net Income 2012: $124,1992012Revenue 2013: $952,162Expenses 2013: $720,804Net Income 2013: $231,3582013Revenue 2014: $919,271Expenses 2014: $672,473Net Income 2014: $246,7982014Revenue 2015: $884,849Expenses 2015: $726,465Net Income 2015: $158,3842015Revenue 2016: $846,320Expenses 2016: $736,190Net Income 2016: $110,1302016Revenue 2017: $828,244Expenses 2017: $784,366Net Income 2017: $43,8782017Revenue 2018: $757,999Expenses 2018: $800,655Net Income 2018: -$42,6562018Revenue 2019: $789,141Expenses 2019: $779,525Net Income 2019: $9,6162019Revenue 2020: $902,065Expenses 2020: $938,906Net Income 2020: -$36,8412020Revenue 2021: $999,203Expenses 2021: $1,083,537Net Income 2021: -$84,3342021Revenue 2022: $1,187,244Expenses 2022: $1,398,976Net Income 2022: -$211,7322022Revenue 2023: $531,872Expenses 2023: $1,305,247Net Income 2023: -$773,3752023Revenue 2024: $566,003Expenses 2024: $917,599Net Income 2024: -$351,5962024

Highlighted filing

2024

Revenue$566,003
Expenses$917,599
Net Income-$351,596

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.08$2.61$0.57$0.92$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.18$2.80$0.53$1.31$0.77
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.03$3.49$1.19$1.40$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.06$3.71$1.00$1.08$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.07$3.79$0.90$0.94$0.04
2019Summary only. Only limited summary data is available for this year.$3.88$0.06$3.83$0.79$0.78$0.01
2018Summary only. Only limited summary data is available for this year.$3.84$0.02$3.82$0.76$0.80$0.04
2017Summary only. Only limited summary data is available for this year.$3.88$0.02$3.86$0.83$0.78$0.04
2016Summary only. Only limited summary data is available for this year.$3.83$0.02$3.82$0.85$0.74$0.11
2015Summary only. Only limited summary data is available for this year.$3.73$0.02$3.71$0.88$0.73$0.16
2014Summary only. Only limited summary data is available for this year.$3.58$0.03$3.55$0.92$0.67$0.25
2013Summary only. Only limited summary data is available for this year.$3.31$0.01$3.30$0.95$0.72$0.23
2012Summary only. Only limited summary data is available for this year.$3.49$0.42$3.07$0.79$0.67$0.12
2011Summary only. Only limited summary data is available for this year.$3.40$0.46$2.94$0.79$0.64$0.16
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$1,250,471
Mission and Program Overview

Mission

To support and serve the senior members of the soldotna community. Provide congregate and home delivered meals nutrition services, transportation, recreational services, health and referral services.

To support and serve the senior members of the soldotna community. Provide congregate and home delivered nutrition services, transportation, recreational services, health and referral services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,568,148$1,561,949▼ $6,199
Savings and Temporary Cash Investments$1,051,120$1,173,790▲ $122,670
Cash and Non-Interest-Bearing Accounts$540,651$275,926▼ $264,725
Investments in Publicly Traded Securities$249,936$234,917▼ $15,019
Pledges and Grants Receivable-$57,296-
Prepaid Expenses and Deferred Charges$25,008$25,308▲ $300
Inventories for Sale or Use$12,593$12,593→ $0
Accounts Receivable$5,350$0▼ $5,350
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,762,086$3,525,146▼ $236,940
Other Assets Total$309,280$183,367▼ $125,913
Liabilities
Accounts Payable and Accrued Expenses$51,367$24,784▼ $26,583
Other Liabilities$5,375$6,750▲ $1,375
Total Liabilities$56,742$31,534▼ $25,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,513,261$3,493,612▲ $980,351
Net Assets With Donor Restrictions$1,192,083--
Total Net Assets Fund Balance$3,705,344$3,493,612▼ $211,732
Total Liabilities and Net Assets / Fund Balance$3,762,086$3,525,146▼ $236,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$978,677$2,012,368$2,991,045
Equipment$152,837$270,796$423,633
Leasehold Improvements$167,535$249,032$416,567
Land$260,647-$260,647
Other Land Buildings$2,253$40,599$42,852
Other Assets Org$2--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Loretta SpaldingExecutive DirectorFT$56,160$56,160

Board Members and Trustees

NameTitle
Melinda HershbergerPresident
Rob WolfVice President
Jan MorrisonDirector
Janet StacyDirector
Margaret PhelpsDirector
Marti OppermanDirector
Nita DouthitDirector
Leona CrearySecretary
William PoonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$700,848
Program Service Revenue
$204,974
Investment Income
$1,841
Other Revenue
$279,581
All Other Contributions
$37,121
Change in Net Assets
$-211,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$776,505
Salaries, Compensation, and Employee Benefits$622,471
Total Fundraising Expense$191,334
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$394,898$29,688$91,571$516,157
Depreciation Depletion$153,493$3,165$1,582$158,240
Fees for Services Other$61,027$10,051$718$71,796
All Other Expenses$58,035$1,921-$59,956
Current Officers, Directors, Trustees, and Key Employees-$56,160-$56,160
Occupancy$50,122$557$5,012$55,691
Information Technology$33,955$5,068$11,656$50,679
Payroll Taxes$34,606$7,523$8,025$50,154
Other Expenses$39,548$29,750$27,901$39,548
Office Expenses$9,216$23,041$3,190$35,447
Insurance$2,868$14,337$6,691$23,896
Travel$4,168--$4,168
Advertising$2,536--$2,536
Total Functional Expenses$1,026,381$181,261$191,334$1,398,976
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$336,192
Gaming Direct Expenses$63,227
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$6,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

VOTING MEMBERS

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

VOTING MEMBERS

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

MAJORITY RULE

Form 990, Part VI, Line 11B: Form 990 Review Process

The executive director reviews this return before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is dicussed and reviewed annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board approves salary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request in administrative office.

Filing and Contact Details

Filer

Filer Name
Soldotna Area Senior Citizens Inc
EIN
92-0116416
Phone
9072622322
Address
197 WEST PARK AVENUE, SOLDOTNA, AK 99669

Signing Officer

Name
Loretta Kundson-spalding
Title
Executive Director
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Ak
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
120

Preparer

Firm
Lambe Tuter & Associates Apc
Address
189 S Binkley Ste 201, Soldotna, AK 99669
Preparer
Stephanie J Lambe CPA
Phone
9072629123
Raw XML AppendixShowing 400 of 537 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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IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0661137
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt011656
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05068
IRS990/InformationTechnologyGrp/ProgramServicesAmt033955
IRS990/InformationTechnologyGrp/TotalAmt050679
IRS990/InsuranceGrp/FundraisingAmt06691
IRS990/InsuranceGrp/ManagementAndGeneralAmt014337
IRS990/InsuranceGrp/ProgramServicesAmt02868
IRS990/InsuranceGrp/TotalAmt023896
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt012593
IRS990/InventoriesForSaleOrUseGrp/EOYAmt012593
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IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01561949
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IRS990/MembersOrStockholdersInd0true
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT AND SERVE THE SENIOR MEMBERS OF THE SOLDOTNA COMMUNITY. PROVIDE CONGREGATE AND HOME DELIVERED MEALS NUTRITION SERVICES, TRANSPORTATION, RECREATIONAL SERVICES, HEALTH AND REFERRAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0272965
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt0272965
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02513261
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03493612
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IRS990/OccupancyGrp/FundraisingAmt05012
IRS990/OccupancyGrp/ManagementAndGeneralAmt0557
IRS990/OccupancyGrp/ProgramServicesAmt050122
IRS990/OccupancyGrp/TotalAmt055691
IRS990/OfficeExpensesGrp/FundraisingAmt03190
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IRS990/OfficeExpensesGrp/ProgramServicesAmt09216
IRS990/OfficeExpensesGrp/TotalAmt035447
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0309280
IRS990/OtherAssetsTotalGrp/EOYAmt0183367
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0GROCERIES AND FOOD
IRS990/OtherExpensesGrp/Desc1OTHER MISC
IRS990/OtherExpensesGrp/Desc2RENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/FundraisingAmt129750
IRS990/OtherExpensesGrp/FundraisingAmt227901
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029750
IRS990/OtherExpensesGrp/ProgramServicesAmt0169374
IRS990/OtherExpensesGrp/ProgramServicesAmt112535
IRS990/OtherExpensesGrp/ProgramServicesAmt239548
IRS990/OtherExpensesGrp/TotalAmt0174612
IRS990/OtherExpensesGrp/TotalAmt159500
IRS990/OtherExpensesGrp/TotalAmt240436
IRS990/OtherExpensesGrp/TotalAmt339548
IRS990/OtherLiabilitiesGrp/BOYAmt05375
IRS990/OtherLiabilitiesGrp/EOYAmt06750
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
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IRS990/OtherRevenueTotalAmt06616
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt091571
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029688
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0394898
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt08025
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07523
IRS990/PayrollTaxesGrp/ProgramServicesAmt034606
IRS990/PayrollTaxesGrp/TotalAmt050154
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt057296
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025008
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025308
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624210
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0123788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt181186
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt181186
IRS990/ProgSrvcAccomActy2Grp/Desc0HOME AND COMMUNITY BASED SERVICES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0175840
IRS990/ProgSrvcAccomActy3Grp/Desc0FIREWEED HOUSING INDEPENDENT HOUSING LIVING COMPLEX.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0100672
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt081186
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherRevenueAmt0331357
IRS990/PYProgramServiceRevenueAmt0167241
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IRS990/PYTotalRevenueAmt0999203
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0339689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0367311
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0210512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0164467
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0396676
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0592358
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt022129
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IRS990ScheduleA/PublicSupportPY170Pct00.61710
IRS990ScheduleA/PublicSupportTotal170Amt02341836
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02341836
IRS990ScheduleA/TotalSupportAmt03647085
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0272965
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0331357
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0282122
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0886444
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0978677
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02012368
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02991045
IRS990ScheduleD/EquipmentGrp/BookValueAmt0152837
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0270796
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0423633
IRS990ScheduleD/LandGrp/BookValueAmt0260647
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0260647
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0167535
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0249032
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0416567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02021
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1181344
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST RECEIVABLE

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