Crown Assisted Living Development FY2020 filing

Tacoma, WA · Unknown exempt organization

Latest data FY2020
Revenue
$3.7M
Spent
$626K
To programs
92%
Net assets
$2.0M
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Form 990 for the fiscal year ending August 2020 (IRS tax year 2019).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
No filing since FY2020 — 6 yrs
Foundation funders?
1 funder — Golden Opportunity Living Development
$108K in the latest grant year.
Spent on programs?
92% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
Legal name (IRS)Hdr · item CCrown Assisted Living Development
EINHdr · item D91-1651900
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CTacoma, WA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.lifemanor.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$574K
Management & general8%$52K
Total functional expensesLn 25$626K

Financial health

Revenue & expenses by yearFY2020–FY2021
Revenue
$3.7M
FY2020
Expenses
$626K
FY2020
Surplus margin
+83%
revenue over expenses, this year
Program spending
92%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$2.0M
FY2020
Total liabilities
$31K
FY2020
Revenue less expensesPt I · Ln 19$3.1M
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$31K
Total net assetsLn 32$2.0M
Months of cash on handcomputed0.1

Statement of Revenue

Part VIII
Other revenue$3.2M · 87%
Program service revenue$387K · 10%
Contributions & grants$108K · 3%
Other revenue87%$3.2M
Program service revenue10%$387K
Contributions & grants3%$108K
Total revenueLn 12$3.7M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $626K
0.1 months
Where the money goes
Program services
Program services $574K · Total expenses $626K
92%
Management & General
Management & general $52K · Total expenses $626K
8%
Fundraising
Fundraising $0 · Total expenses $626K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $108K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $108K · Total revenue $3.7M
3%
Government reliance
Government grants — · Total revenue $3.7M
—
Earned-income share
Program service revenue $387K · Total revenue $3.7M
10%
Investment reliance
Investment income $0 · Total revenue $3.7M
0%
Program self-sufficiency
Program service revenue $387K · Total expenses $626K
62%
Growth & trend
Revenue growth (YoY)
This year $3.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.7M · Expenses $626K
+83%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
—
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ted Shropshire · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $626K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $256K · Total expenses $626K
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Fundraising cost ratio 0%——
Legal fee ratio 0.8%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Crown Assisted Living Development executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers rental housing and facilities for independent living to adults 55 and older.

Provided by the organization

This section is blank until Crown Assisted Living Development claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $574K of program spending, described in the organization's own filed words · FY2019.
01

Effective july 4, 2018, crown assisted living development ceased operations as an assisted living facility and commenced operations as an independent living facility doing business as life manor mountainside. The organization provided affordable rental housing and related facilities to seniors 55 & over.

$574Kprogram expense

Run this program? Claim this org to tell your story

Funders

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

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$108K

Filing history

YearRevenueExpensesChangeFiling
FY2021 Latest $0$0-100% 990 PDF
FY2020 Viewing $3.7M$626K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Crown Assisted Living Development →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.