Hillcrest Platte County FY2021 filing

Tax-deductible

Riverside, MO501(c)(3)Since 2002HousingEIN 32-0073248Revenue $5.1M in FY2021

On file with the IRShillcrestplatte.orgPo Box 681298, 64168-1298 · Riverside, MOTax-exempt since Jan 2004Publicly supported charity — 170(b)(1)(A)(vi)

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Assist in moving families to self-sufficiency by providing rent free, utility free housing and classes on budgeting, life skills and employment. Significant revenue results from thrift store operations that are used for the program.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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 $1.1M a year · 20% 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
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 16.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $281K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.07% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
+41% vs prior year
Spent
$3.7M
To programs
84%
Net assets
$8.3M
By yearFY2020–FY2024
Revenue
$5.1M
FY2021▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.6M
FY2021$5.1M
FY2022$5.5M
FY2023$6.3M
FY2024$7.7M
Expenses
$3.7M
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$3.7M
FY2022$4.6M
FY2023$5.1M
FY2024$5.9M
Net assets
$8.3M
FY2021▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.5M
FY2021$8.3M
FY2022$9.2M
FY2023$10.5M
FY2024$12.2M

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: FY2024. IRS ruling in Jan 2004.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.1M Management & general 13% · $487K Fundraising 2% · $87K

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

18 people listed on the 990.

Part VII, Section A · reportable compensation
Advisory Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Voting Board
$0Pt VII · Sec A
Advisory Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hillcrest Platte County 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 free housing and life skills training to help families become self-sufficient.

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Provided by the organization

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2 programs · $3.1M · in their own filed words · FY2021
01

The hillcrest thrift shop began as a way to restore dignity to the furnishing of recent HPC graduates new stable homes. The shop quickly expanded to address clothing needs of the families we serve, as well as the community at large.

$2.3Mprogram expense
02

Assist in moving families to self-sufficiency by providing rent free, utility free housing and classes on budgeting, life skills and employment. Significant revenue result from thrift store operations that are used for the program.

$834Kprogram 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 · FY2024
See all 8 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Fees for servicesLn 2g$4.0M
Gifts and grantsLn 1h$992K
Other incomeLn 4–11$155K
Money outPt IX
$3.7M
Ln 25
Programscol B$3.1M
Managementcol C$487K
Fundraisingcol D$87K
Owns and owesPt X
$8.3M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$8.3M
LiabilitiesLn 26$6K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$992K
Government grantsLn 1e$314K
Fees for servicesLn 2g$4.0M
Investment incomeLn 3$11K
Other incomeLn 4–11$155K
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$5.1M
Cash and savings togetherLn 1–2$5.1M
Land, buildings, equipmentLn 10c$3.2M
Other assetsLn 15$22K
Total assetsLn 16$8.3M
LiabilitiesLn 26$6K
Net assetsLn 32$8.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$3.5M$5.1M
Land, buildings, equipmentLn 10c$3.3M$3.2M
Total assetsLn 16$6.8M$8.3M
LiabilitiesLn 26$16K$6K
Net assetsLn 32$6.8M$8.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$1.7M$1.4M$208K$47K
Pension plan contributionsLn 8$30K$19K$8K$3K
Other employee benefitsLn 9$221K$169K$48K$4K
Payroll taxesLn 10$157K$136K$18K$4K
Advertising and promotionLn 12$32K$21K$10K
Office expensesLn 13$76K$69K$5K$2K
OccupancyLn 16$364K$325K$26K$13K
TravelLn 17$10K$5K$5K
Conferences, conventions and meetingsLn 19$12K$4K$8K
Depreciation, depletion and amortizationLn 22$189K$189K
InsuranceLn 23$77K$77K
Other expenses (24a–d)Ln 24$587K$561K$26K
All other expensesLn 24e$226K$162K$49K$15K
Total functional expensesLn 25$3.7M$3.1M$487K$87K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.7M$5.9M$1.8M$12.2M 990 PDF
FY2023 $6.3M$5.1M$1.3M$10.5M 990 PDF
FY2022 $5.5M$4.6M$907K$9.2M 990 PDF
FY2021 Viewing $5.1M$3.7M$1.5M$8.3M 990 PDF
FY2020 $3.6M$3.4M$284K$6.5M 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 $5,137,752 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $716,945$991,902
I-9 Program service revenuePrior year $2,784,832$3,980,451
I-10 Investment incomePrior year $11,395$10,831
I-11 Other revenuePrior year $136,711$154,568
I-12 Total revenuePrior year $3,649,883$5,137,752
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,838,617$2,096,546
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,526,875$1,572,497
I-18 Total expensesPrior year $3,365,492$3,669,043
I-19 Revenue less expensesPrior year $284,391$1,468,709
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $5,137,752 across 8 lines filed
VIII-1e Government grants$313,937
VIII-1f All other contributions, gifts and grants$677,965
VIII-1h Total contributions, gifts and grants$991,902
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $3,980,451$3,980,451
VIII-3 Investment incomeExcluded from tax $10,831$10,831
VIII-8 Net income from fundraising eventsExcluded from tax $148,103$148,103
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $6,465$6,465
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $4,145,850$5,137,752
Part IX · Statement of functional expenses $3,669,043 across 13 lines filed
IX-6 Pay of disqualified personsPrograms $1,433,387 · Management $207,548 · Fundraising $47,033$1,687,968
IX-8 Pension plan contributionsPrograms $19,456 · Management $8,074 · Fundraising $2,595$30,125
IX-9 Other employee benefitsPrograms $169,258 · Management $48,264 · Fundraising $3,797$221,319
IX-10 Payroll taxesPrograms $135,698 · Management $17,614 · Fundraising $3,822$157,134
IX-12 Advertising and promotionPrograms $21,244 · Management $10,480$31,724
IX-13 Office expensesPrograms $69,243 · Management $4,706 · Fundraising $1,912$75,861
IX-16 OccupancyPrograms $324,697 · Management $25,872 · Fundraising $13,134$363,703
IX-17 TravelPrograms $5,111 · Management $4,763$9,874
IX-19 Conferences, conventions and meetingsPrograms $4,434 · Management $7,893$12,327
IX-22 Depreciation, depletion and amortizationPrograms $189,160$189,160
IX-23 InsuranceManagement $77,327$77,327
IX-24 Other expenses (24a–d)Programs $561,056 · Management $25,914$586,970
IX-24e All other expensesPrograms $161,604 · Management $48,991 · Fundraising $14,956$225,551
IX-25 Total functional expensesPrograms $3,094,348 · Management $487,446 · Fundraising $87,249$3,669,043
Part X · Balance sheet $8,293,776 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $3,525,953$5,087,999
X-10c Land, buildings and equipment, netStart of year $3,287,028$3,183,624
X-15 Other assetsStart of year $22,153$22,153
X-16 Total assetsStart of year $6,835,134$8,293,776
X-25 Other liabilitiesStart of year $16,194$6,127
X-26 Total liabilitiesStart of year $16,194$6,127
X-27 Net assets without donor restrictionsStart of year $6,579,515$8,057,162
X-28 Net assets with donor restrictionsStart of year $239,425$230,487
X-32 Total net assets or fund balancesStart of year $6,818,940$8,287,649
X-33 Total liabilities and net assetsStart of year $6,835,134$8,293,776
Part XI · Reconciliation of net assets $8,287,649 net assets at year end
XI-1 Total revenue$5,137,752
XI-2 Total expenses$3,669,043
XI-3 Revenue less expenses$1,468,709
XI-4 Net assets at start of year$6,818,940
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,287,649

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

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