Catholic Elderly Services INC FY2020 filing

Tax-deductible

Lauderdale Lakes, FL501(c)(3)Since 1998Human ServicesEIN 65-0312041

The organization's specific and primary purpose is to establish, receive and maintain funds for the support of catholic elderly services within the archdiocese of miami.

501(c)(3) charity; gifts are tax-deductible.
83¢ 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
4 of 5
filings with a surplus
Average surplus $62K a year · 45% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
134 mo
of spending, in cash
Looks good: 134.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$119K
Spent
$109K
To programs
83%
Net assets
$3.6M
By yearFY2020–FY2024
Revenue
$119K
FY2020
Revenue by fiscal year
FY2020$119K
FY2021$177K
FY2022$202K
FY2023$41K
FY2024$151K
FY2024$134K
Expenses
$109K
FY2020
Expenses by fiscal year
FY2020$109K
FY2021$81K
FY2022$69K
FY2023$67K
FY2024$54K
FY2024$72K
Net assets
$3.6M
FY2020
Net assets by fiscal year
FY2020$3.6M
FY2021$4.1M
FY2022$3.5M
FY2023$3.8M
FY2024$4.4M
FY2024$4.8M

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

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 Mar 1946.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $90K Management & general 17% · $19K

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

Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chairman
$0Pt VII · Sec A
Vice Chair/Secretary
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Catholic Elderly Services 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 and manages funds to support Catholic elderly services in the Archdiocese of Miami.

Provided by the organization

This section is blank until Catholic Elderly Services INC claims this page.

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1 program service account for $90K of program spending, described in the organization's own filed words · FY2019.
01

The foundation supports the patients and residents of the catholic health services organization as well as its employees and community: provides grants to employees for urgent needs, purchases of medical equipment for residents and sponsorship of community events.

$90Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $137K · 2022–2024
Unitemized GrantFY2024$26,500
Catholic Charities for ElderlyFL · FY2024$25,874
Catholic Charities for ElderlyFL · FY2023$22,613
Unitemized GrantFY2023$12,000
Unitemized GrantFY2022$28,000
Catholic Charities for ElderlyFL · FY2022$21,785

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$119K
Ln 12
Investment incomeLn 3$83K
Gifts and grantsLn 1h$36K
Money outPt IX
$109K
Ln 25
Programscol B$90K
Managementcol C$19K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$3.6M
LiabilitiesLn 26$6K
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36K
Investment incomeLn 3$83K
Gains on assetsLn 7$44K
Total revenueLn 12$119K
Assets in detailPt X, end of year
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$2.4M
Total assetsLn 16$3.6M
LiabilitiesLn 26$6K
Net assetsLn 32$3.6M
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$1.2M$1.2M
InvestmentsLn 11–13$2.4M$2.4M
Total assetsLn 16$3.5M$3.6M
LiabilitiesLn 26$5K$6K
Net assetsLn 32$3.5M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$47K$47K
Grants to domestic individualsLn 2$43K$43K
Accounting feesLn 11c$6K$6K
InsuranceLn 23$101$101
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$109K$90K$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $151K$54K$97K$4.4M 990 PDF
FY2023 $41K$67K−$26K$3.8M 990 PDF
FY2022 $202K$69K$133K$3.5M 990 PDF
FY2021 $177K$81K$96K$4.1M 990 PDF
FY2020 Viewing $119K$109K$11K$3.6M 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 (4 parts)
Part VIII · Statement of revenue $119,198 across 5 lines filed
VIII-1f All other contributions, gifts and grants$36,087
VIII-1h Total contributions, gifts and grants$36,087
VIII-3 Investment incomeExcluded from tax $39,260$39,260
VIII-7 Net gain or loss on sales of assetsRelated to mission $43,851$43,851
VIII-12 Total revenueRelated to mission $43,851 · Unrelated business $0 · Excluded from tax $39,260$119,198
Part IX · Statement of functional expenses $108,663 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $46,610$46,610
IX-2 Grants to domestic individualsPrograms $43,134$43,134
IX-11c Accounting feesManagement $6,246$6,246
IX-23 InsuranceManagement $101$101
IX-24 Other expenses (24a–d)Management $12,572$12,572
IX-25 Total functional expensesPrograms $89,744 · Management $18,919 · Fundraising $0$108,663
Part X · Balance sheet $3,642,075 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,163,487$1,215,986
X-4 Accounts receivableStart of year $959$386
X-11 Publicly traded securitiesStart of year $2,350,127$2,425,703
X-16 Total assetsStart of year $3,514,573$3,642,075
X-17 Accounts payable and accrued expensesStart of year $5,000$5,000
X-25 Other liabilitiesStart of year $0$500
X-26 Total liabilitiesStart of year $5,000$5,500
X-27 Net assets without donor restrictionsStart of year $3,210,777$3,345,448
X-28 Net assets with donor restrictionsStart of year $298,796$291,127
X-32 Total net assets or fund balancesStart of year $3,509,573$3,636,575
X-33 Total liabilities and net assetsStart of year $3,514,573$3,642,075
Part XI · Reconciliation of net assets $3,636,575 net assets at year end
XI-1 Total revenue$119,198
XI-2 Total expenses$108,663
XI-3 Revenue less expenses$10,535
XI-4 Net assets at start of year$3,509,573
XI-5 Net unrealized gains (losses) on investments$116,467
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,636,575

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

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