Operate a continuing care facility for seniors.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$239K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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 4
filings with a surplus
Average deficit $1.3M a year · 21% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$239K
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
<1 mo
of spending, in cash
Plus $10.3M in investments, Pt X · Ln 11–13
Fine: 0.1 months of spending in cash, plus $10.3M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $240K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31.5M
109% of total assets
Concern: liabilities are 109% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.9M
Spent
$8.0M
To programs
77%
Net assets
−$2.5M
By yearFY2020–FY2024
Revenue
$6.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$6.9M
FY2021$8.1M
FY2022$5.8M
FY2024$4.6M
Expenses
$8.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$8.0M
FY2021$7.0M
FY2022$6.8M
FY2024$8.7M
Net assets
−$2.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$2.5M
FY2021$184K
FY2022−$3.5M
FY2024−$5.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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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 Sep 1941.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $6.2M Management & general 23% · $1.8M

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

16 people listed on the 990; $239K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$137,619Pt VII · Sec A
Chief Financial Officer
$101,501Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cynthia Davis’s $139K as Executive Director is at the 67th percentile of top reported officer pay among 3869 $1–10M 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 · 3 named individuals · Part VII

NameFY2022FY2020
Cynthia Davis$139,149—
Adrian Cruz—$137,619
Randal Gerig—$101,501

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.

See The Kenney 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 a senior living facility offering ongoing care and support.

Questions for The Kenney

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Provided by the organization

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1 program · $6.2M · in their own filed words · FY2020
01

As a CCRC providing security, medical, social and religious needs of its residents, the kenney consists of 41 al units, 20 memory care units, and 89 il units.

$6.2Mprogram 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
Total grants receivedfrom 1 funder$240K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$6.9M
Ln 12
Fees for servicesLn 2g$6.3M
Gifts and grantsLn 1h$429K
Other incomeLn 4–11$95K
Money outPt IX
$8.0M
Ln 25
Programscol B$6.2M
Managementcol C$1.8M
Owns and owesPt X
−$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$88K
Total assetsLn 16$29.0M
LiabilitiesLn 26$31.5M
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$429K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$6.3M
Investment incomeLn 3$21K
Other incomeLn 4–11$95K
Total revenueLn 12$6.9M
Assets in detailPt X, end of year
CashLn 1$88K
Cash and savings togetherLn 1–2$88K
InvestmentsLn 11–13$10.3M
Land, buildings, equipmentLn 10c$18.5M
Total assetsLn 16$29.0M
LiabilitiesLn 26$31.5M
Net assetsLn 32−$2.5M
OperationsPt I, VI
EmployeesI 5120
VolunteersI 60
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 FY20End FY20
Cash and savingsLn 1–2$45K$88K
InvestmentsLn 11–13$8.8M$10.3M
Land, buildings, equipmentLn 10c$18.5M$18.5M
Total assetsLn 16$28.6M$29.0M
LiabilitiesLn 26$31.3M$31.5M
Net assetsLn 32−$2.8M−$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$102K$102K
Other salaries and wagesLn 7$3.3M$3.0M$306K
Pension plan contributionsLn 8$34K$30K$4K
Other employee benefitsLn 9$186K$163K$23K
Payroll taxesLn 10$280K$246K$34K
Management feesLn 11a$325K$325K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$25K$25K
Advertising and promotionLn 12$31K$31K
Office expensesLn 13$31K$30K$1K
Information technologyLn 14$155K$155K
OccupancyLn 16$391K$302K$89K
TravelLn 17$2K$227$2K
InterestLn 20$922K$712K$210K
InsuranceLn 23$140K$107K$33K
Other expenses (24a–d)Ln 24$2.1M$1.7M$457K$0
All other expensesLn 24e$29K$0$29K
Total functional expensesLn 25$8.0M$6.2M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.6M$8.7M−$4.2M−$5.3M 990 PDF
FY2023 Not on file
FY2022 $5.8M$6.8M−$1.1M−$3.5M 990 PDF
FY2021 $8.1M$7.0M$1.1M$184K 990 PDF
FY2020 Viewing $6.9M$8.0M−$1.2M−$2.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $6,875,146 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $194,826$429,058
I-9 Program service revenuePrior year $6,360,176$6,330,600
I-10 Investment incomePrior year −$98,428$20,818
I-11 Other revenuePrior year $190,976$94,670
I-12 Total revenuePrior year $6,647,550$6,875,146
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,536,559$3,867,912
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,586,209$4,173,542
I-18 Total expensesPrior year $8,122,768$8,041,454
I-19 Revenue less expensesPrior year −$1,475,218−$1,166,308
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $6,875,146 across 13 lines filed
Lines not itemized here account for $52,555 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$429,058
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$429,058
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,299,120 · Unrelated business $0 · Excluded from tax $0$6,299,120
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $20,818$20,818
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $73,595 · Unrelated business $0 · Excluded from tax $0$73,595
VIII-12 Total revenueRelated to mission $6,425,270 · Unrelated business $0 · Excluded from tax $20,818$6,875,146
Part IX · Statement of functional expenses $8,041,454 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $101,501$101,501
IX-7 Other salaries and wagesPrograms $2,959,451 · Management $306,392$3,265,843
IX-8 Pension plan contributionsPrograms $30,243 · Management $4,168$34,411
IX-9 Other employee benefitsPrograms $163,299 · Management $22,507$185,806
IX-10 Payroll taxesPrograms $246,392 · Management $33,959$280,351
IX-11a Management feesManagement $325,000$325,000
IX-11b Legal feesManagement $8,862$8,862
IX-11c Accounting feesManagement $24,643$24,643
IX-12 Advertising and promotionManagement $30,986$30,986
IX-13 Office expensesPrograms $30,105 · Management $1,386$31,491
IX-14 Information technologyManagement $154,993$154,993
IX-16 OccupancyPrograms $301,929 · Management $89,203$391,132
IX-17 TravelPrograms $227 · Management $1,577$1,804
IX-20 InterestPrograms $712,056 · Management $210,373$922,429
IX-23 InsurancePrograms $107,241 · Management $32,836$140,077
IX-24 Other expenses (24a–d)Programs $1,656,543 · Management $457,014 · Fundraising $0$2,113,557
IX-24e All other expensesPrograms $0 · Management $28,568$28,568
IX-25 Total functional expensesPrograms $6,207,486 · Management $1,833,968 · Fundraising $0$8,041,454
Part X · Balance sheet $29,019,240 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $45,421$87,833
X-4 Accounts receivableStart of year $129,750$9,216
X-9 Prepaid expenses and deferred chargesStart of year $90,315$87,762
X-10c Land, buildings and equipment, netStart of year $18,521,157$18,515,372
X-12 Other securitiesStart of year $8,774,018$10,319,057
X-16 Total assetsStart of year $28,553,116$29,019,240
X-17 Accounts payable and accrued expensesStart of year $950,857$1,418,443
X-19 Deferred revenueStart of year $1,677,811$771,348
X-25 Other liabilitiesStart of year $12,836,404$16,473,350
X-26 Total liabilitiesStart of year $31,343,976$31,526,618
X-27 Net assets without donor restrictionsStart of year −$11,752,488−$2,507,378
X-28 Net assets with donor restrictionsStart of year $8,961,628$0
X-32 Total net assets or fund balancesStart of year −$2,790,860−$2,507,378
X-33 Total liabilities and net assetsStart of year $28,553,116$29,019,240
Part XI · Reconciliation of net assets −$2,507,378 net assets at year end
XI-1 Total revenue$6,875,146
XI-2 Total expenses$8,041,454
XI-3 Revenue less expenses−$1,166,308
XI-4 Net assets at start of year−$2,790,860
XI-5 Net unrealized gains (losses) on investments$83,851
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$179,100
XI-9 Other changes in net assets$1,545,039
XI-10 Net assets at end of year−$2,507,378

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

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