Beverlyfarm Living Options
- Assets
- $2.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Godfrey, IL
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 45-4247023
Organization Overview
Beverlyfarm Living Options is located in Godfrey, IL. The organization was established in 2014. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverlyfarm Living Options 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 06/2023, Beverlyfarm Living Options generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $652.0k during the year ending 06/2023. While expenses have increased by 16.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BEVERLYFARM LIVING OPTIONS IS OPERATING AND ENLARGING A COMMUNITY INTEGRATED LIVING ARRANGEMENT (CILA) IN ALTON IL. A CILA IS A LIVING ARRANGEMENT FOR ADULTS IN A GROUP HOME, WHERE EIGHT OR FEWER UNRELATED ADULTS WITH DEVELOPMENTAL DISABILITIES LIVE UNDER SUPERVISION OF THE COMMUNITY DEVELOPMENTAL SERVICES AGENCY.CILA RESIDENTS RECEIVE COMPLETE AND INDIVIDUALIZED RESIDENTIAL HABILITATION, PERSONAL SUPPORT SERVICES AND SUPPORT UNDER THE DIRECTION OF THE COMMUNITY SUPPORT TEAM WITHIN THE LOCAL AGENCY. BFLO IS DEDICATED TO PROVIDING EACH INDIVIDUAL RESIDENT WITH SUPPORT AND SERVICES DESIGNED TO PROMOTE CHOICE, OPPORTUNITIES AND INDEPENDENCE IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEVERLY FARM LIVING OPTIONS "BFLO" WAS FORMED TO OWN AND OPERATE COMMUNITY INTEGRATED LIVING ARRANGEMENTS (CILA). THREE SEPARATE RESIDENCES LOCATED IN ALTON & GODFREY, IL ARE FULLY OPERATIONAL AND HAVE SPACE FOR UP TO 8 RESIDENTS IN EACH. A CILA IS A LIVING ARRANGEMENT FOR ADULTS (AGE 18 AND OLDER) IN A GROUP HOME, FAMILY HOME OR APARTMENT WHERE EIGHT OR FEWER UNRELATED ADULTS WITH DEVELOPMENTAL DISABILITIES LIVE UNDER SUPERVISION OF THE COMMUNITY DEVELOPMENTAL SERVICES AGENCY. CILA RESIDENTS RECEIVE COMPLETE AND INDIVIDUALIZED RESIDENTIAL HABILITATION, PERSONAL SUPPORT SERVICES AND SUPPORT UNDER THE DIRECTION OF THE COMMUNITY SUPPORT TEAM WITHIN THE LOCAL AGENCY. BFLO IS DEDICATED TO PROVIDING EACH INDIVIDUAL RESIDENT WITH SUPPORT AND SERVICES DESIGNED TO PROMOTE CHOICE, OPPORTUNITIES AND INDEPENDENCE IN THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Long Member | Trustee | 1 | $0 |
Richard Korn Member | Trustee | 1 | $0 |
Bianca Jackson Member | Trustee | 1 | $0 |
Todd Laux Member | Trustee | 1 | $0 |
Tara Wagenblast Director | Trustee | 1 | $0 |
Raquel Ingram Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66 |
| Total Program Service Revenue | $1,481,724 |
| Investment income | $54,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,741 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,525,514 |
| 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 | $499,446 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,161 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,029 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,415 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,947 |
| Insurance | $501 |
| All other expenses | $0 |
| Total functional expenses | $652,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,526,559 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $671,406 |
| 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 | $0 |
| Net Land, buildings, and equipment | $696,219 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,894,184 |
| Accounts payable and accrued expenses | $7,229 |
| 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 | $149,970 |
| Total liabilities | $157,199 |
| Net assets without donor restrictions | $2,736,985 |
| Net assets with donor restrictions | $0 |
| 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 | $2,894,184 |