Penn Center INC

Hiawatha, IAUnknown exempt organizationSince 1994EIN 42-1421803

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To provide quality resident services for individuals with difficulties.

94¢ of each $1 spent went to programs.
Run by 6 volunteers and 269 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $277K a year · 3% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $70K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.9M
+39% vs prior year
Spent
$11.3M
To programs
94%
Net assets
$0
By yearFY2020–FY2021
Revenue
$11.9M
FY2021▲ +39%
Revenue by fiscal year
FY2020$8.6M
FY2021$11.9M
Expenses
$11.3M
FY2021▲ +32%
Expenses by fiscal year
FY2020$8.6M
FY2021$11.3M
Net assets
$0
FY2021▼ -100%
Net assets by fiscal year
FY2020$1.8M
FY2021$0

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

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $10.6M Management & general 6% · $729K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary/Treasurer
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Secretary/Treasurer
$0Pt VII · Sec A
Board Vice-Chair
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Exec VP Finance/CFO
$0Pt VII · Sec A
See Penn Center INC 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 15aYes

Programs and updates

Provides a continuum of residential care, habilitation, and support services to help individuals with chronic mental illness and intellectual disabilities transition toward independent living.

Provided by the organization

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1 program · $10.6M · in their own filed words · FY2021
01

Resident Fees

Penn center has served 956 individuals with chronic mental illness AND/OR intellectual disabilities throughout the year. Penn center provides a continuum of services that allows for individuals to access various services at different stages of their recovery.

$10.6Mprogram 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 · FY2020
Total grants receivedfrom 1 funder$70K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$11.9M
Ln 12
Fees for servicesLn 2g$11.7M
Gifts and grantsLn 1h$81K
Other incomeLn 4–11$54K
Money outPt IX
$11.3M
Ln 25
Programscol B$10.6M
Managementcol C$729K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$81K
Government grantsLn 1e$77K
Fees for servicesLn 2g$11.7M
Investment incomeLn 3$41K
Other incomeLn 4–11$54K
Gains on assetsLn 7$29K
Total revenueLn 12$11.9M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 5269
VolunteersI 66
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$107K$0
InvestmentsLn 11–13$11K$0
Land, buildings, equipmentLn 10c$581K$0
Total assetsLn 16$2.8M$0
LiabilitiesLn 26$974K$0
Net assetsLn 32$1.8M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$6.4M$6.4M
Pension plan contributionsLn 8$165K$165K
Other employee benefitsLn 9$1.5M$1.5M
Payroll taxesLn 10$459K$459K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$899K$172K$727K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$645K$645K
OccupancyLn 16$918K$918K
TravelLn 17$6K$6K
Conferences, conventions and meetingsLn 19$12K$12K
Depreciation, depletion and amortizationLn 22$120K$120K
InsuranceLn 23$55K$55K
Other expenses (24a–d)Ln 24$118K$118K
Total functional expensesLn 25$11.3M$10.6M$729K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $11.9M$11.3M$563K$0 990 PDF
FY2020 $8.6M$8.6M−$8K$1.8M 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 (4 parts)
Part VIII · Statement of revenue $11,882,645 across 8 lines filed
VIII-1e Government grants$76,574
VIII-1f All other contributions, gifts and grants$4,091
VIII-1h Total contributions, gifts and grants$80,665
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,706,974$11,706,974
VIII-3 Investment incomeExcluded from tax $11,800$11,800
VIII-7 Net gain or loss on sales of assetsExcluded from tax $29,238$29,238
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $53,968$53,968
VIII-12 Total revenueRelated to mission $11,706,974 · Unrelated business $0 · Excluded from tax $95,006$11,882,645
Part IX · Statement of functional expenses $11,319,993 across 14 lines filed
IX-7 Other salaries and wagesPrograms $6,449,184$6,449,184
IX-8 Pension plan contributionsPrograms $165,435$165,435
IX-9 Other employee benefitsPrograms $1,467,774$1,467,774
IX-10 Payroll taxesPrograms $459,414$459,414
IX-11f Investment management feesManagement $2,784$2,784
IX-11g Other fees for servicesPrograms $172,463 · Management $726,569$899,032
IX-12 Advertising and promotionPrograms $2,371$2,371
IX-13 Office expensesPrograms $644,610$644,610
IX-16 OccupancyPrograms $917,822$917,822
IX-17 TravelPrograms $5,993$5,993
IX-19 Conferences, conventions and meetingsPrograms $11,774$11,774
IX-22 Depreciation, depletion and amortizationPrograms $120,471$120,471
IX-23 InsurancePrograms $55,120$55,120
IX-24 Other expenses (24a–d)Programs $118,209$118,209
IX-25 Total functional expensesPrograms $10,590,640 · Management $729,353 · Fundraising $0$11,319,993
Part X · Balance sheet $0 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $55,275$0
X-2 Savings and temporary cash investmentsStart of year $51,449$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $865,572$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $80,064$0
X-10c Land, buildings and equipment, netStart of year $581,414$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investmentsStart of year $10,630$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,174,582$0
X-16 Total assetsStart of year $2,818,986$0
X-17 Accounts payable and accrued expensesStart of year $745,259$0
X-25 Other liabilitiesStart of year $166,275$0
X-26 Total liabilitiesStart of year $974,199$0
X-27 Net assets without donor restrictionsStart of year $1,844,787$0
X-32 Total net assets or fund balancesStart of year $1,844,787$0
X-33 Total liabilities and net assetsStart of year $2,818,986$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$11,882,645
XI-2 Total expenses$11,319,993
XI-3 Revenue less expenses$562,652
XI-4 Net assets at start of year$1,844,787
XI-5 Net unrealized gains (losses) on investments$24,885
XI-9 Other changes in net assets−$2,432,324
XI-10 Net assets at end of year$0

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

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