The Evergreens FY2021 filing

Fort Washington, PAUnknown exempt organizationSince 1919EIN 21-0634485Revenue $21.3M in FY2021

On file with the IRSactsretirement.org420 Delaware Drive · Fort Washington, PA

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The purpose of the Evergreens is to serve older adults sixty-two years of age and older, providing retirement-life services including independent living, assisted living, skilled nursing care and complementary services; responsive to resident needs in a christian manner without prejudice or preference to any faith, in an expression of living kindness.

86¢ of each $1 spent went to programs.
$230K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $884K a year · 4% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$230K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$83.3M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.3M
+5% vs prior year
Spent
$19.8M
To programs
86%
Net assets
$17.0M
By yearFY2020–FY2022
Revenue
$21.3M
FY2021▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$20.3M
FY2021$21.3M
FY2022$21.2M
Expenses
$19.8M
FY2021-0.09%
Tap a bar for its year
Expenses by fiscal year
FY2020$19.8M
FY2021$19.8M
FY2022$20.4M
Net assets
$17.0M
FY2021▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$15.7M
FY2021$17.0M
FY2022$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $17.1M Management & general 14% · $2.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $230K paid to officers and key staff.

Part VII, Section A · reportable compensation
Nurse Practitioner
$119,618Pt VII · Sec A
Director of Nursing
$110,121Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2022FY2021FY2020
Rebecca Castellanos$125,218$119,618$127,038
Gale Dixon$117,657$110,121$109,538
Kendra Kenney$102,274——
Amanda Tibbetts——$100,722

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Evergreens executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides retirement living, nursing care, and supportive services for older adults.

Questions for The Evergreens

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Provided by the organization

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1 program · $17.1M · in their own filed words · FY2021
01

The evergreens provides comprehensive life care services to senior adults aged 62 and older that include independent living housing, dining and nutritional services, pastoral services, security, housekeeping, maintenance services and social, cultural, educational, spiritual and recreational activities.

$17.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$21.3M
Ln 12
Fees for servicesLn 2g$19.1M
Investment incomeLn 3$1.7M
Gifts and grantsLn 1h$339K
Money outPt IX
$19.8M
Ln 25
Programscol B$17.1M
Managementcol C$2.7M
Owns and owesPt X
$17.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$100.4M
LiabilitiesLn 26$83.3M
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$339K
Government grantsLn 1e$33K
Fees for servicesLn 2g$19.1M
Investment incomeLn 3$1.7M
Other incomeLn 4–11$167K
Gains on assetsLn 7$1.1M
Total revenueLn 12$21.3M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.0M
InvestmentsLn 11–13$40.1M
Land, buildings, equipmentLn 10c$56.9M
Other assetsLn 15$294K
Total assetsLn 16$100.4M
LiabilitiesLn 26$83.3M
Net assetsLn 32$17.0M
OperationsPt I, VI
EmployeesI 5614
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.7M$2.0M
InvestmentsLn 11–13$40.5M$40.1M
Land, buildings, equipmentLn 10c$54.5M$56.9M
Total assetsLn 16$98.8M$100.4M
LiabilitiesLn 26$83.1M$83.3M
Net assetsLn 32$15.7M$17.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$950$950
Other salaries and wagesLn 7$6.6M$6.2M$429K
Pension plan contributionsLn 8$158K$153K$5K
Other employee benefitsLn 9$795K$794K$736
Payroll taxesLn 10$505K$467K$38K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$37K$37K
Investment management feesLn 11f$80K$80K
Other fees for servicesLn 11g$1.0M$1.0M$2K
Advertising and promotionLn 12$295K$295K
Office expensesLn 13$482K$396K$86K
Information technologyLn 14$98K$98K
OccupancyLn 16$1.9M$1.9M
TravelLn 17$17K$15K$2K
InterestLn 20$1.6M$1.6M
Depreciation, depletion and amortizationLn 22$2.7M$2.7M$33K
InsuranceLn 23$191K$188K$3K
Other expenses (24a–d)Ln 24$2.8M$1.2M$1.6M
All other expensesLn 24e$448K$409K$39K
Total functional expensesLn 25$19.8M$17.1M$2.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $21.2M$20.4M$753K$0 990 PDF
FY2021 Viewing $21.3M$19.8M$1.5M$17.0M 990 PDF
FY2020 $20.3M$19.8M$446K$15.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $21,284,774 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $742,570$338,945
I-9 Program service revenuePrior year $18,263,804$19,070,088
I-10 Investment incomePrior year $1,120,290$1,708,536
I-11 Other revenuePrior year $167,717$167,205
I-12 Total revenuePrior year $20,294,381$21,284,774
I-13 Grants and similar amounts paidPrior year $3,150$950
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,490,152$8,102,106
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,354,964$11,727,468
I-18 Total expensesPrior year $19,848,266$19,830,524
I-19 Revenue less expensesPrior year $446,115$1,454,250
Part VI · Governance 6 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $21,284,774 across 9 lines filed
Lines not itemized here account for $298,563 of total revenue; see the IRS return.
VIII-1e Government grants$33,450
VIII-1f All other contributions, gifts and grants$305,495
VIII-1h Total contributions, gifts and grants$338,945
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,775,484$18,775,484
VIII-3 Investment incomeExcluded from tax $605,210$605,210
VIII-6 Net rental income or lossExcluded from tax $17,755$17,755
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,103,240$1,103,240
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $145,577$145,577
VIII-12 Total revenueRelated to mission $19,070,088 · Unrelated business $0 · Excluded from tax $1,875,741$21,284,774
Part IX · Statement of functional expenses $19,830,524 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $950$950
IX-7 Other salaries and wagesPrograms $6,215,691 · Management $428,746$6,644,437
IX-8 Pension plan contributionsPrograms $152,536 · Management $5,038$157,574
IX-9 Other employee benefitsPrograms $794,470 · Management $736$795,206
IX-10 Payroll taxesPrograms $466,765 · Management $38,124$504,889
IX-11b Legal feesManagement $22,513$22,513
IX-11c Accounting feesManagement $37,316$37,316
IX-11f Investment management feesManagement $79,812$79,812
IX-11g Other fees for servicesPrograms $1,017,971 · Management $2,500$1,020,471
IX-12 Advertising and promotionManagement $294,576$294,576
IX-13 Office expensesPrograms $396,068 · Management $85,746$481,814
IX-14 Information technologyManagement $98,000$98,000
IX-16 OccupancyPrograms $1,948,033$1,948,033
IX-17 TravelPrograms $15,284 · Management $1,949$17,233
IX-20 InterestPrograms $1,554,942$1,554,942
IX-22 Depreciation, depletion and amortizationPrograms $2,703,544 · Management $32,577$2,736,121
IX-23 InsurancePrograms $187,831 · Management $2,745$190,576
IX-24 Other expenses (24a–d)Programs $1,234,998 · Management $1,563,427$2,798,425
IX-24e All other expensesPrograms $408,837 · Management $38,799$447,636
IX-25 Total functional expensesPrograms $17,097,920 · Management $2,732,604 · Fundraising $0$19,830,524
Part X · Balance sheet $100,353,926 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,000$1,920
X-2 Savings and temporary cash investmentsStart of year $2,723,865$1,994,432
X-4 Accounts receivableStart of year $681,260$724,997
X-9 Prepaid expenses and deferred chargesStart of year $195,556$339,970
X-10c Land, buildings and equipment, netStart of year $54,468,121$56,856,743
X-11 Publicly traded securitiesStart of year $40,540,149$40,142,133
X-15 Other assetsStart of year $154,828$293,731
X-16 Total assetsStart of year $98,765,779$100,353,926
X-17 Accounts payable and accrued expensesStart of year $2,937,073$3,129,024
X-19 Deferred revenueStart of year $30,426,473$30,572,668
X-20 Tax-exempt bond liabilitiesStart of year $49,431,504$49,064,934
X-25 Other liabilitiesStart of year $298,422$563,388
X-26 Total liabilitiesStart of year $83,093,472$83,330,014
X-27 Net assets without donor restrictionsStart of year $12,050,733$13,686,728
X-28 Net assets with donor restrictionsStart of year $3,621,574$3,337,184
X-32 Total net assets or fund balancesStart of year $15,672,307$17,023,912
X-33 Total liabilities and net assetsStart of year $98,765,779$100,353,926
Part XI · Reconciliation of net assets $17,023,912 net assets at year end
XI-1 Total revenue$21,284,774
XI-2 Total expenses$19,830,524
XI-3 Revenue less expenses$1,454,250
XI-4 Net assets at start of year$15,672,307
XI-5 Net unrealized gains (losses) on investments−$103,942
XI-9 Other changes in net assets$1,297
XI-10 Net assets at end of year$17,023,912

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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