Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT REVENUE

  total $201,119 · related or exempt $201,119

• 2b · Program service revenue: LAUNDRY REVENUE

  total $3,751 · related or exempt $3,751

• 3 · Investment income

  total $205 · excluded $205

• 7a · Gross sales of assets other than inventory

  other assets $23,663

• 7b · Less cost or other basis and sales expenses

  other assets $24,965

• 7c · Gain or loss

  other assets -$1,302

• 7d · Net gain or loss

  total -$1,302 · excluded -$1,302

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $350 · excluded $350

• 11e · Other revenue, total

  $350

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $51,462 · program services $33,881 · management and general $17,581

• 8 · Pension plan contributions

  total $1,299 · program services $855 · management and general $444

• 9 · Other employee benefits

  total $5,210 · program services $3,430 · management and general $1,780

• 10 · Payroll taxes

  total $2,904 · program services $1,912 · management and general $992

• 11a · Fees: management

  total $25,052 · management and general $25,052

• 11c · Fees: accounting

  total $8,809 · management and general $8,809

• 11g · Fees: other

  total $10,534 · program services $5,160 · management and general $5,374

• 12 · Advertising and promotion

  total $557 · management and general $557

• 13 · Office expenses

  total $8,144 · program services $4,953 · management and general $3,191

• 14 · Information technology

  total $1,750 · program services $1,750

• 16 · Occupancy

  total $59,980 · program services $59,980

• 17 · Travel

  total $103 · management and general $103

• 19 · Conferences, conventions and meetings

  total $270 · management and general $270

• 20 · Interest

  total $108 · program services $108

• 22 · Depreciation, depletion and amortization

  total $43,674 · program services $43,674

• 23 · Insurance

  total $7,042 · management and general $7,042

• 24a · Other expenses: MISCELLANEOUS EXPENSE

  total $2,058 · program services $296 · management and general $1,762

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $877 · program services $39 · management and general $838

• 24c · Other expenses: PRE-ADMISSION SCREENING

  total $86 · management and general $86

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $385 · end of year $95

• 4 · Accounts receivable

  beginning of year $643 · end of year $234

• 10a · Land, buildings and equipment: cost or other basis

  $1,495,912

• 10b · Land, buildings and equipment: accumulated depreciation

  $918,555

• 10c · Land, buildings and equipment, net

  beginning of year $622,332 · end of year $577,357

• 15 · Other assets

  beginning of year $79,555 · end of year $91,708

• 17 · Accounts payable and accrued expenses

  beginning of year $6,273 · end of year $9,402

• 19 · Deferred revenue

  beginning of year $274

• 21 · Escrow or custodial account liability

  beginning of year $10,770 · end of year $11,831

• 25 · Other liabilities

  beginning of year $24,021 · end of year $12,380

• 27 · Net assets without donor restrictions

  beginning of year $661,577 · end of year $635,781

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT & CEO IS COMPENSATED BY GUARDIAN ANGELS OF ELK RIVER, A RELATED ORGANIZATION. THE FOLLOWING METHODS WERE USED TO ESTABLISH THE CEO'S COMPENSATION: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE