Booth Manor INC FY2020 filing

Tax-deductible

Chicago, IL501(c)(3)Since 1987Health CareEIN 36-3712591Revenue $570K in FY2020

On file with the IRS5040 North Pulaski Road, 60630-2740 · Chicago, ILTax-exempt since Jul 1990Publicly supported charity — 170(b)(1)(A)(vi)

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Provide low-income elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living.

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

Before you give

FY2020 · 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
1 of 5
filings with a surplus
Average deficit $121K a year · 21% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.5M
138% of total assets
Concern: liabilities are 138% of assets; over 80%.
Pt X · Ln 26
Independent board members
1
of 9 voting members
Worth a look: 1 of 9 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$570K
Spent
$622K
To programs
78%
Net assets
−$967K
By yearFY2020–FY2024
Revenue
$570K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$570K
FY2021$566K
FY2022$549K
FY2023$524K
FY2024$635K
FY2024$585K
Expenses
$622K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$622K
FY2021$770K
FY2022$683K
FY2023$739K
FY2024$634K
FY2024$677K
Net assets
−$967K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$967K
FY2021−$1.2M
FY2022−$1.3M
FY2023−$1.4M
FY2024−$1.4M
FY2024−$1.5M

From the FY2020 Form 990 (year ending September 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Jul 1990.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $483K Management & general 22% · $139K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Asst Secretary
$0Pt VII · Sec A
Asst Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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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

Offers housing and services to low-income seniors.

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Provided by the organization

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1 program · $483K · in their own filed words · FY2019
01

The organization owns and operates a 58 unit apartment complex in chicago, illinois pursuant to section 202 of the national housing act of 1959.

$483Kprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$570K
Ln 12
Gifts and grantsLn 1h$359K
Fees for servicesLn 2g$211K
Other incomeLn 4–11$262
Money outPt IX
$622K
Ln 25
Programscol B$483K
Managementcol C$139K
Owns and owesPt X
−$967K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.5M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$359K
Government grantsLn 1e$359K
Fees for servicesLn 2g$211K
Investment incomeLn 3$110
Other incomeLn 4–11$262
Total revenueLn 12$570K
Assets in detailPt X, end of year
CashLn 1$18K
Cash and savings togetherLn 1–2$18K
Land, buildings, equipmentLn 10c$2.1M
Other assetsLn 15$456K
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.5M
Net assetsLn 32−$967K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
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 FY20End FY20
Cash and savingsLn 1–2$50K$18K
Land, buildings, equipmentLn 10c$2.0M$2.1M
Total assetsLn 16$2.7M$2.6M
LiabilitiesLn 26$3.6M$3.5M
Net assetsLn 32−$916K−$967K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$140K$88K$51K
Other employee benefitsLn 9$10K$10K
Payroll taxesLn 10$12K$12K
Management feesLn 11a$28K$28K
Legal feesLn 11b$147$147
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$104$104
Office expensesLn 13$78K$49K$29K
OccupancyLn 16$205K$182K$23K
Conferences, conventions and meetingsLn 19$6$6
Depreciation, depletion and amortizationLn 22$137K$137K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$3K$10$3K
Total functional expensesLn 25$622K$483K$139K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $635K$634K$290−$1.4M 990 PDF
FY2023 $524K$739K−$215K−$1.4M 990 PDF
FY2022 $549K$683K−$134K−$1.3M 990 PDF
FY2021 $566K$770K−$204K−$1.2M 990 PDF
FY2020 Viewing $570K$622K−$52K−$967K 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 FY2020 990 (6 parts)
Part I · Summary $570,296 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $333,310$359,155
I-9 Program service revenuePrior year $240,581$210,769
I-10 Investment incomePrior year $102$110
I-11 Other revenuePrior year $0$262
I-12 Total revenuePrior year $573,993$570,296
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 $155,359$161,567
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $546,569$460,294
I-18 Total expensesPrior year $701,928$621,861
I-19 Revenue less expensesPrior year −$127,935−$51,565
Part VI · Governance 1 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members1
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 $570,296 across 6 lines filed
VIII-1e Government grants$359,155
VIII-1h Total contributions, gifts and grants$359,155
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $210,769$210,769
VIII-3 Investment incomeExcluded from tax $110$110
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $262$262
VIII-12 Total revenueRelated to mission $210,769 · Unrelated business $0 · Excluded from tax $372$570,296
Part IX · Statement of functional expenses $621,861 across 13 lines filed
IX-7 Other salaries and wagesPrograms $88,497 · Management $51,108$139,605
IX-9 Other employee benefitsPrograms $9,770$9,770
IX-10 Payroll taxesPrograms $12,192$12,192
IX-11a Management feesManagement $27,847$27,847
IX-11b Legal feesManagement $147$147
IX-11c Accounting feesManagement $4,500$4,500
IX-12 Advertising and promotionManagement $104$104
IX-13 Office expensesPrograms $49,175 · Management $28,590$77,765
IX-16 OccupancyPrograms $181,739 · Management $23,266$205,005
IX-19 Conferences, conventions and meetingsManagement $6$6
IX-22 Depreciation, depletion and amortizationPrograms $136,558$136,558
IX-23 InsurancePrograms $5,136$5,136
IX-24 Other expenses (24a–d)Programs $10 · Management $3,216$3,226
IX-25 Total functional expensesPrograms $483,077 · Management $138,784 · Fundraising $0$621,861
Part X · Balance sheet $2,553,197 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $50,051$18,413
X-4 Accounts receivableStart of year $14,664$12,723
X-10c Land, buildings and equipment, netStart of year $1,966,619$2,066,446
X-15 Other assetsStart of year $622,713$455,615
X-16 Total assetsStart of year $2,654,047$2,553,197
X-17 Accounts payable and accrued expensesStart of year $88,714$39,780
X-19 Deferred revenueStart of year $2,211$2,826
X-25 Other liabilitiesStart of year $3,478,864$3,477,898
X-26 Total liabilitiesStart of year $3,569,789$3,520,504
X-27 Net assets without donor restrictionsStart of year −$915,742−$967,307
X-32 Total net assets or fund balancesStart of year −$915,742−$967,307
X-33 Total liabilities and net assetsStart of year $2,654,047$2,553,197
Part XI · Reconciliation of net assets −$967,307 net assets at year end
XI-1 Total revenue$570,296
XI-2 Total expenses$621,861
XI-3 Revenue less expenses−$51,565
XI-4 Net assets at start of year−$915,742
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$967,307

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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