Civic Intelligence

Baran Place Co Charles Rankie

990 • Fiscal year 2017 • EIN 01-0495219

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 04, 2018

PO Box 600Eliot, ME 03903-0600

(207) 553-7777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.58x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

7.97x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

30th percentile

-2.0%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

1.2%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,706,799

Down $34,890 (-2.0%) from 2016

Net Assets

Down

-$988,814

Down $44,804 (-4.7%) from 2016

Liabilities

Up

$2,695,613

Up $9,914 (+0.4%) from 2016

Revenue

Up

$338,083

Up $4,139 (+1.2%) from 2016

Expenses

Up

$382,887

Up $11,572 (+3.1%) from 2016

Net Income

Down

-$44,804

Down $7,433 (-20%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,943,089Liabilities 2010: $2,715,281Net Assets 2010: -$772,1922010Assets 2011: $1,975,393Liabilities 2011: $2,700,845Net Assets 2011: -$725,4522011Assets 2012: $1,913,068Liabilities 2012: $2,695,852Net Assets 2012: -$782,7842012Assets 2013: $1,880,603Liabilities 2013: $2,691,256Net Assets 2013: -$810,6532013Assets 2014: $1,799,949Liabilities 2014: $2,691,307Net Assets 2014: -$891,3582014Assets 2015: $1,778,099Liabilities 2015: $2,684,738Net Assets 2015: -$906,6392015Assets 2016: $1,741,689Liabilities 2016: $2,685,699Net Assets 2016: -$944,0102016Assets 2017: $1,706,799Liabilities 2017: $2,695,613Net Assets 2017: -$988,8142017Assets 2018: $1,647,191Liabilities 2018: $2,689,642Net Assets 2018: -$1,042,4512018Assets 2019: $1,623,099Liabilities 2019: $2,696,624Net Assets 2019: -$1,073,5252019Assets 2020: $1,579,127Liabilities 2020: $2,694,026Net Assets 2020: -$1,114,8992020Assets 2021: $1,534,236Liabilities 2021: $2,696,654Net Assets 2021: -$1,162,4182021Assets 2022: $1,527,437Liabilities 2022: $36,362Net Assets 2022: $1,491,0752022Assets 2023: $1,530,258Liabilities 2023: $53,183Net Assets 2023: $1,477,0752023Assets 2024: $1,279,878Liabilities 2024: $57,241Net Assets 2024: $1,222,6372024

Highlighted filing

2017

Assets$1,706,799
Liabilities$2,695,613
Net Assets-$988,814

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $309,7332010Expenses 2011: $310,1022011Expenses 2012: $368,4492012Revenue 2013: $311,502Expenses 2013: $339,371Net Income 2013: -$27,8692013Revenue 2014: $313,104Expenses 2014: $393,809Net Income 2014: -$80,7052014Revenue 2015: $341,209Expenses 2015: $356,490Net Income 2015: -$15,2812015Revenue 2016: $333,944Expenses 2016: $371,315Net Income 2016: -$37,3712016Revenue 2017: $338,083Expenses 2017: $382,887Net Income 2017: -$44,8042017Revenue 2018: $338,753Expenses 2018: $392,390Net Income 2018: -$53,6372018Revenue 2019: $341,445Expenses 2019: $372,519Net Income 2019: -$31,0742019Revenue 2020: $342,918Expenses 2020: $384,292Net Income 2020: -$41,3742020Revenue 2021: $347,236Expenses 2021: $394,755Net Income 2021: -$47,5192021Revenue 2022: $360,300Expenses 2022: $372,407Net Income 2022: -$12,1072022Revenue 2023: $391,320Expenses 2023: $405,320Net Income 2023: -$14,0002023Revenue 2024: $425,128Expenses 2024: $679,566Net Income 2024: -$254,4382024

Highlighted filing

2017

Revenue$338,083
Expenses$382,887
Net Income-$44,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 4, 2018
Return Version
2017v2.3
Gross Receipts
$338,083
Mission and Program Overview

Mission

Provide low income housing

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,444,550$1,368,216▼ $76,334
Savings and Temporary Cash Investments$269,722$283,554▲ $13,832
Cap Stk Tr Prin Current Funds$17,816$17,816→ $0
Cash and Non-Interest-Bearing Accounts$1,416$7,909▲ $6,493
Prepaid Expenses and Deferred Charges$6,987$7,091▲ $104
Accounts Receivable$1,640$887▼ $753
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-961,826$-1,006,630▼ $44,804
Total Assets$1,741,689$1,706,799▼ $34,890
Other Assets Total$17,374$39,142▲ $21,768
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,665,600$2,665,600→ $0
Other Liabilities$16,522$22,088▲ $5,566
Accounts Payable and Accrued Expenses$2,143$6,808▲ $4,665
Deferred Revenue$1,434$1,117▼ $317
Total Liabilities$2,685,699$2,695,613▲ $9,914
Net Assets / Fund Balance
Total Net Assets Fund Balance$-944,010$-988,814▼ $44,804
Total Liabilities and Net Assets / Fund Balance$1,741,689$1,706,799▼ $34,890

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,241,216$1,603,124$2,844,340
Land$127,000-$127,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$152,747
Program Service Revenue
$185,174
Investment Income
$162
Other Revenue
$0
Change in Net Assets
$-44,804

Audited Revenue Reconciliation

Revenue per Audited Statements
$338,083
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$338,083
Total Revenue per Form 990
$338,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$382,520
Salaries, Compensation, and Employee Benefits$367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$79,066--$79,066
Fees for Services Management$27,552--$27,552
Other Expenses$25,725--$25,725
All Other Expenses$23,746--$23,746
Insurance$13,161--$13,161
Fees for Services Accounting$7,475--$7,475
Office Expenses$5,105--$5,105
Payroll Taxes$367--$367
Advertising$248--$248
Fees for Services Legal$100--$100
Total Functional Expenses$382,887$0$0$382,887

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$382,887
Total Expenses per Audited Statements$382,887
Total Expenses per Form 990$382,887
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$22,088
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members include the board of directors.

Form 990, Part VI, Section A, Line 7A

The board of directors are elected by its members.

Form 990, Part VI, Section A, Line 7B

The board of directors are responsible for approving governing decisions.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the treasurer of the board of directors and is presented to the board for acceptance.

Form 990, Part VI, Section C, Line 19

All organizing and operating documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Baran Place
EIN
01-0495219
Phone
2075537777
Address
PO BOX 600, ELIOT, ME 03903-0600

Signing Officer

Name
Charles Rankie
Title
President
Phone
2075537777
Signed
2018-09-04

Organization Details

Principal Officer
Charles Rankie
Formed
1997
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
0

Preparer

Firm
Otis Atwell
Address
324 GANNETT DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Gioia
Phone
2077801100
Raw XML AppendixShowing 400 of 410 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0283554
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0152747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0141160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0115096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0139082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0694997
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0146
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0623
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0942384
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt0694997
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0152747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146912
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0141160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0115096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0139082
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0694997
IRS990ScheduleA/TotalSupportAmt0695620
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01241216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01603124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02844340
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0382887
IRS990ScheduleD/LandGrp/BookValueAmt0127000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0127000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0338083
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01368216
IRS990ScheduleD/TotalExpensesPerForm990Amt0382887
IRS990ScheduleD/TotalLiabilityAmt022088
IRS990ScheduleD/TotalRevenuePerForm990Amt0338083
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0338083
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0382887
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS INCLUDE THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR APPROVING GOVERNING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS AND IS PRESENTED TO THE BOARD FOR ACCEPTANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01741689
IRS990/TotalAssetsEOYAmt01706799
IRS990/TotalAssetsGrp/BOYAmt01741689
IRS990/TotalAssetsGrp/EOYAmt01706799
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0152747
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0382887
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382887
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02685699
IRS990/TotalLiabilitiesEOYAmt02695613
IRS990/TotalLiabilitiesGrp/BOYAmt02685699
IRS990/TotalLiabilitiesGrp/EOYAmt02695613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-944010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-988814
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0382887
IRS990/TotalProgramServiceRevenueAmt0185174
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0185336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0338083
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01741689
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01706799
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 600
IRS990/USAddress/CityNm0ELIOT
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd0039030600
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES RANKIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02075537777
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARAN PLACE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O CHARLES RANKIE
ReturnHeader/Filer/BusinessNameControlTxt0BARA
ReturnHeader/Filer/EIN0010495219
ReturnHeader/Filer/PhoneNum02075537777
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 600
ReturnHeader/Filer/USAddress/CityNm0ELIOT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd0039030600
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B7FB26EA5C876452684FB7491AACA7BD15FF4B7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.97.160.26
ReturnHeader/FilingSecurityInformation/IPDt02018-09-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:14:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203690847
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OTIS ATWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0324 GANNETT DRIVE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.22$0.43$0.68$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.05$1.48$0.39$0.41$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.04$1.49$0.36$0.37$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.53$2.70$1.16$0.35$0.39$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.58$2.69$1.11$0.34$0.38$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.62$2.70$1.07$0.34$0.37$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.65$2.69$1.04$0.34$0.39$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.71$2.70$0.99$0.34$0.38$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.74$2.69$0.94$0.33$0.37$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.78$2.68$0.91$0.34$0.36$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.80$2.69$0.89$0.31$0.39$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.88$2.69$0.81$0.31$0.34$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$2.70$0.78$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$2.70$0.73$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$2.72$0.77$0.31