Silver Key Senior Services INC FY2021 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)Since 1970Human ServicesEIN 23-7109922Revenue $7.6M in FY2021

On file with the IRSsilverkey.org1625 S Murray Blvd, 80916-4502 · Colorado Spgs, COTax-exempt since Apr 1971Publicly supported charity — 170(b)(1)(A)(vi)

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Supports seniors' quality of life, helping them age safely with dignity, independence, & choice.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$194K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.4M a year · 15% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$194K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $16K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$681K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.6M
+4% vs prior year
Spent
$7.2M
To programs
85%
Net assets
$13.4M
By yearFY2020–FY2024
Revenue
$7.6M
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.3M
FY2021$7.6M
FY2022$8.4M
FY2023$8.5M
FY2024$12.7M
Expenses
$7.2M
FY2021▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.3M
FY2021$7.2M
FY2022$8.1M
FY2023$8.0M
FY2024$8.0M
Net assets
$13.4M
FY2021▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.9M
FY2021$13.4M
FY2022$12.5M
FY2023$13.5M
FY2024$18.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1971.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $6.1M Management & general 9% · $621K Fundraising 7% · $480K

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

14 people listed on the 990; $194K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President and CEO
$102,480Pt VII · Sec A
Chief Financial Officer
$91,407Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Imediate Past Chair
$0Pt VII · Sec A

Jason Deabueno’s $117K as President & CEO is at the 7th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Jason Deabueno$117,397$116,124$110,324$102,480$87,087
Valerie Anders$105,136$104,300$99,398——
Valerie D Anders———$91,407$88,083
Patricia a Ellis————$26,364

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.

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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 15aYes

Programs and updates

Helps seniors live safely, with dignity, independence, and choice.

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Provided by the organization

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3 programs · $5.7M · in their own filed words · FY2020
01

Silver Key Health & Wellness (formerly Senior Assistance)

Silver key's experienced case management and behavioral health team assists seniors and their families as they navigate the aging process. Holistic assessments are completed with each client served, to identify and resolve barriers to their continued independence and safety.

$2.7Mprogram expense
02

Silver key home delivered meals, including meals on wheels - freshly prepared meals are conveniently brought to silver key clients at their home by friendly volunteers 3 or 5 days a week, with re-heatable meals available for the WEEKEND.* senior clients, caregivers or family members can arrange for and benefit from silver key's delivered…

$1.8Mprogram expense
03

Silver Key Reserve & Ride

Silver key provides arm-through-arm, door to door ada accessible transportation for medical appointments, shopping, group meals, social activities, and recreation trips. Reserve & ride transportation accommodates wheelchairs, walkers, those needing a lift device, oxygen, and other special needs.

$1.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$16K
Grants paid · 12 grants · $181K · 2022–2023
Unitemized GrantFY2023$117,057
Unitemized GrantFY2022$18,967
Unitemized GrantFY2022$14,791
Unitemized GrantFY2022$9,468
Unitemized GrantFY2022$8,638
Unitemized GrantFY2022$3,500
Unitemized GrantFY2022$3,025
Unitemized GrantFY2022$2,167
Unitemized GrantFY2022$1,703
Unitemized GrantFY2022$1,371
Unitemized GrantFY2022$53
Unitemized GrantFY2022$22

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.6M
Ln 12
Fees for servicesLn 2g$4.1M
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$306K
Money outPt IX
$7.2M
Ln 25
Programscol B$6.1M
Managementcol C$621K
Fundraisingcol D$480K
Owns and owesPt X
$13.4M
net assets · Ln 32
Cash and savingsLn 1–2$907K
Total assetsLn 16$14.1M
LiabilitiesLn 26$681K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$174K
Noncash giftsLn 1g$1.2M
Fees for servicesLn 2g$4.1M
Investment incomeLn 3$306K
Other incomeLn 4–11$46K
Gains on assetsLn 7$102K
Total revenueLn 12$7.6M
Assets in detailPt X, end of year
CashLn 1$183K
SavingsLn 2$725K
Cash and savings togetherLn 1–2$907K
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$5.4M
Other assetsLn 15$5.5M
Total assetsLn 16$14.1M
LiabilitiesLn 26$681K
Net assetsLn 32$13.4M
OperationsPt I, VI
EmployeesI 5100
VolunteersI 6557
Fiscal year endsHeaderJune
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$1.1M$907K
InvestmentsLn 11–13$1.1M$1.4M
Land, buildings, equipmentLn 10c$5.5M$5.4M
Total assetsLn 16$12.6M$14.1M
LiabilitiesLn 26$756K$681K
Net assetsLn 32$11.9M$13.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.4M$1.4M
Pay of current officers, directors and key staffLn 5$201K$156K$22K$22K
Other salaries and wagesLn 7$2.6M$2.0M$286K$286K
Other employee benefitsLn 9$326K$261K$31K$34K
Payroll taxesLn 10$272K$221K$23K$27K
Other fees for servicesLn 11g$167K$106K$33K$28K
Advertising and promotionLn 12$52K$43K$1K$7K
Office expensesLn 13$37K$29K$4K$5K
OccupancyLn 16$303K$209K$82K$12K
TravelLn 17$23K$17K$3K$3K
InterestLn 20$6K$4K$2K$232
Depreciation, depletion and amortizationLn 22$552K$437K$100K$15K
InsuranceLn 23$25K$19K$5K$1K
Other expenses (24a–d)Ln 24$1.1M$1.1M$24K$29K
All other expensesLn 24e$60K$45K$5K$11K
Total functional expensesLn 25$7.2M$6.1M$621K$480K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $12.7M$8.0M$4.7M$18.7M 990 PDF
FY2023 $8.5M$8.0M$515K$13.5M 990 PDF
FY2022 $8.4M$8.1M$276K$12.5M 990 PDF
FY2021 Viewing $7.6M$7.2M$426K$13.4M 990 PDF
FY2020 $7.3M$6.3M$991K$11.9M 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 $7,612,543 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,725,939$3,114,973
I-9 Program service revenuePrior year $3,489,237$4,145,980
I-10 Investment incomePrior year $138,539$305,974
I-11 Other revenuePrior year −$38,250$45,616
I-12 Total revenuePrior year $7,315,465$7,612,543
I-13 Grants and similar amounts paidPrior year $1,327,800$1,438,348
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,793,239$3,374,159
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,203,496$2,374,083
I-18 Total expensesPrior year $6,324,535$7,186,590
I-19 Revenue less expensesPrior year $990,930$425,953
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,612,543 across 11 lines filed
VIII-1a Federated campaigns$27,926
VIII-1d Related organizations$312,374
VIII-1e Government grants$173,665
VIII-1f All other contributions, gifts and grants$2,601,008
VIII-1g Noncash contributions (included above)$1,222,899
VIII-1h Total contributions, gifts and grants$3,114,973
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,145,980$4,145,980
VIII-3 Investment incomeExcluded from tax $203,916$203,916
VIII-6 Net rental income or lossUnrelated business $2,481 · Excluded from tax $43,135$45,616
VIII-7 Net gain or loss on sales of assetsExcluded from tax $102,058$102,058
VIII-12 Total revenueRelated to mission $4,145,980 · Unrelated business $2,481 · Excluded from tax $349,109$7,612,543
Part IX · Statement of functional expenses $7,186,590 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $1,438,348$1,438,348
IX-5 Pay of current officers, directors and key staffPrograms $156,205 · Management $22,241 · Fundraising $22,246$200,692
IX-7 Other salaries and wagesPrograms $2,005,205 · Management $285,508 · Fundraising $285,567$2,576,280
IX-9 Other employee benefitsPrograms $260,806 · Management $31,108 · Fundraising $33,617$325,531
IX-10 Payroll taxesPrograms $221,232 · Management $23,106 · Fundraising $27,318$271,656
IX-11g Other fees for servicesPrograms $106,338 · Management $33,168 · Fundraising $27,501$167,007
IX-12 Advertising and promotionPrograms $43,371 · Management $1,069 · Fundraising $7,214$51,654
IX-13 Office expensesPrograms $28,504 · Management $4,011 · Fundraising $4,743$37,258
IX-16 OccupancyPrograms $208,951 · Management $82,212 · Fundraising $11,939$303,102
IX-17 TravelPrograms $16,896 · Management $3,050 · Fundraising $2,715$22,661
IX-20 InterestPrograms $3,833 · Management $1,743 · Fundraising $232$5,808
IX-22 Depreciation, depletion and amortizationPrograms $436,751 · Management $100,400 · Fundraising $15,314$552,465
IX-23 InsurancePrograms $19,391 · Management $5,018 · Fundraising $1,048$25,457
IX-24 Other expenses (24a–d)Programs $1,095,519 · Management $23,748 · Fundraising $29,309$1,148,576
IX-24e All other expensesPrograms $44,570 · Management $4,535 · Fundraising $10,990$60,095
IX-25 Total functional expensesPrograms $6,085,920 · Management $620,917 · Fundraising $479,753$7,186,590
Part X · Balance sheet $14,103,228 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,084,886$182,546
X-2 Savings and temporary cash investments$724,922
X-3 Pledges and grants receivableStart of year $600$15,600
X-4 Accounts receivableStart of year $565,109$859,995
X-10c Land, buildings and equipment, netStart of year $5,466,961$5,398,115
X-11 Publicly traded securitiesStart of year $1,128,362$1,432,126
X-15 Other assetsStart of year $4,372,279$5,489,924
X-16 Total assetsStart of year $12,618,197$14,103,228
X-17 Accounts payable and accrued expensesStart of year $377,283$378,489
X-19 Deferred revenueStart of year $121,245$62,397
X-26 Total liabilitiesStart of year $755,950$681,470
X-27 Net assets without donor restrictionsStart of year $7,436,169$7,991,403
X-28 Net assets with donor restrictionsStart of year $4,426,078$5,430,355
X-32 Total net assets or fund balancesStart of year $11,862,247$13,421,758
X-33 Total liabilities and net assetsStart of year $12,618,197$14,103,228
Part XI · Reconciliation of net assets $13,421,758 net assets at year end
XI-1 Total revenue$7,612,543
XI-2 Total expenses$7,186,590
XI-3 Revenue less expenses$425,953
XI-4 Net assets at start of year$11,862,247
XI-5 Net unrealized gains (losses) on investments$145,226
XI-9 Other changes in net assets$988,332
XI-10 Net assets at end of year$13,421,758

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

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