Open Circle Adult Day Care
- Assets
- $329.7k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 41
- Location
- Edina, MN
- Founding
- 07/1982
- Data as of
- 12/2021
- EIN
- 41-1424801
Organization Overview
Open Circle Adult Day Care is located in Edina, MN. The organization was established in 1982. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2021, Open Circle Adult Day Care employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Circle Adult Day Care is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Open Circle Adult Day Care generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE, HOUSING AND COMMUNITY SERVICES FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY CARE - PROVIDED SOCIAL, THERAPEUTIC, AND HEALTH RELATED SERVICES TO ELDERLY AND DISABLED ADULTS. OPEN CIRCLE ADULT DAY CENTER SERVED 188 INDIVIDUALS DURING THE PERIOD ENDED DECEMBER 31, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Kuck Vice Chair | OfficerTrustee | 0.25 | $0 |
Charles Parks Secretary | OfficerTrustee | 0.25 | $0 |
Rev Dr Gary Wilkerson Chair | OfficerTrustee | 0.25 | $0 |
Erik Ellingson Treasurer | OfficerTrustee | 0.25 | $0 |
Robert Dahl President/ceo | Officer | 0 | $0 |
Matthew Kern Chief Operating Officer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $273,287 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,287 |
| Total Program Service Revenue | $1,140,138 |
| Investment income | $345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,413,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $976,730 |
| Pension plan accruals and contributions | $18,565 |
| Other employee benefits | $212,496 |
| Payroll taxes | $50,689 |
| Fees for services: Management | $66,214 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,139 |
| Advertising and promotion | $1,272 |
| Office expenses | $31,064 |
| Information technology | $6,990 |
| Royalties | $0 |
| Occupancy | $76,720 |
| Travel | $38,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,848 |
| Insurance | $7,884 |
| All other expenses | $11,604 |
| Total functional expenses | $1,630,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,198 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,702 |
| Net Land, buildings, and equipment | $96,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,786 |
| Total assets | $329,732 |
| Accounts payable and accrued expenses | $71,455 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $589,783 |
| Total liabilities | $661,238 |
| Net assets without donor restrictions | -$514,330 |
| Net assets with donor restrictions | $182,824 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $329,732 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Circle Adult Day Care has recieved totaling $53,441.
| Awarding Organization | Amount |
|---|---|
Cassia Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $53,441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Creative Community Living Services Inc Watertown, WI | $7,269,281 | $21,344,485 |
North Homes Inc Grand Rapids, MN | $21,495,147 | $20,438,205 |
Village Northwest Unlimited Sheldon, IA | $21,763,774 | $17,290,667 |
Wingspan Life Resources Saint Paul, MN | $13,987,956 | $12,754,382 |
Fraser Ltd Fargo, ND | $12,535,842 | $15,143,090 |
Mayflower Homes Inc Grinnell, IA | $23,673,082 | $8,598,573 |
St Ann Center For Intergenerational Care Inc Milwaukee, WI | $25,026,864 | $7,300,810 |
Christian Home Association Childrens Square U S A Council Bluffs, IA | $14,014,864 | $7,403,161 |
Iowa Odd Fellows And Orphans Home Mason City, IA | $11,105,448 | $7,729,461 |
American Lutheran Homes Inc Menomonie, WI | $8,577,253 | $8,199,187 |
United Retirement Center Brookings, SD | $9,279,217 | $6,878,493 |