Civic Intelligence

Errict Rhett Foundation Inc.

990EZ • Fiscal year 2012 • EIN 02-0596251

Jan 01, 2012 to Dec 31, 2012 • Filed on May 15, 2015

Organization Profile
6 NW 108 Terrace33324
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

98th percentile

2.95x

Higher debt load relative to revenue than 98% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

33rd percentile

-4.0%

Higher net margin than 33% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

51st percentile

1.4%

Faster revenue growth than 51% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$361,376

Down $4,758 (-1.3%) from 2011

Net Assets

$11,376

No earlier filing loaded for comparison.

Liabilities

Flat

$350,000

Flat from 2011

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin33rd percentile

Revenue

Up

$118,617

Up $1,624 (+1.4%) from 2011

Expenses

Up

$123,375

Up $36,187 (+42%) from 2011

Net Income

Down

-$4,758

Down $34,563 (-116%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$400K$300K$200K$100K$0Assets 2011: $366,134Liabilities 2011: $350,0002011Assets 2012: $361,376Liabilities 2012: $350,000Net Assets 2012: $11,3762012Assets 2013: $363,306Liabilities 2013: $350,000Net Assets 2013: $13,3062013Assets 2014: $365,551Liabilities 2014: $350,000Net Assets 2014: $15,5512014

Highlighted filing

2012

Assets$361,376
Liabilities$350,000
Net Assets$11,376
Open 2012 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $116,993Expenses 2011: $87,188Net Income 2011: $29,8052011Revenue 2012: $118,617Expenses 2012: $123,375Net Income 2012: -$4,7582012Revenue 2013: $59,576Expenses 2013: $57,646Net Income 2013: $1,9302013Revenue 2014: $68,309Expenses 2014: $66,064Net Income 2014: $2,2452014

Highlighted filing

2012

Revenue$118,617
Expenses$123,375
Net Income-$4,758
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 15, 2015
Return Version
2012v3.0
Mission and Program Overview

Mission

To rent homes to under privilaged Famili

Filing and Contact Details

Filer

EIN
02-0596251
Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY016134
IRS990EZ/CashSavingsAndInvestments/EOY011376
IRS990EZ/ContributionsGiftsGrantsEtc020000
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-4758
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome041190
IRS990EZ/GrossReceipts0118617
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/LandAndBuildings/BOY0350000
IRS990EZ/LandAndBuildings/EOY0350000
IRS990EZ/LoansToFromOfficers0350000
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0true
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY016134
IRS990EZ/NetAssetsOrFundBalancesBOY016134
IRS990EZ/NetAssetsOrFundBalances/EOY011376
IRS990EZ/NetAssetsOrFundBalancesEOY011376
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition040.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Errict Rhette
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Director
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY00
IRS990EZ/OtherAssetsTotal/EOY00
IRS990EZ/OtherExpensesTotal0123375
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0To rent homes to under privilaged Famili
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Rental to underprivilaged people
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses0106235
IRS990EZ/ProgramServiceRevenue057427
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SpecialEventsNetIncomeLoss041190
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY0350000
IRS990EZ/SumOfTotalLiabilities/EOY0350000
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine106 NW 108 Terrace
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Fort Lauderdale
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0FL
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode033324
IRS990EZ/TheBooksAreInCareOf/NamePerson0Errict Rhett
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber09546960002
IRS990EZ/TotalAssets/BOY0366134
IRS990EZ/TotalAssets/EOY0361376
IRS990EZ/TotalExpenses0123375
IRS990EZ/TotalProgramServiceExpenses0106235
IRS990EZ/TotalRevenue0118617
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990ScheduleA/GeneralExplanation0Qualifies for Public Charity Status Multiple Reasons There were properties that were utilized to rent to underprivilaged individuals. Theses rentals were for less than FMV and assisted in allowing families to be productive in society
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear020000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year032126
IRS990ScheduleA/GiftsGrantsContribReceived509/Total052126
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYear041190
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus1Year041230
IRS990ScheduleA/GrossReceiptsFromNonUBI/Total082420
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage01.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal5090134546
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear061190
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year073356
IRS990ScheduleA/Total509/Total0134546
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear061190
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year073356
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years00
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years00
IRS990ScheduleA/TotalSupportTotal/Total0134546
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleG/AgreementRefFundraising0false
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1041190
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal041190
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1041190
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents041190
IRS990ScheduleG/EventsInformation/NameOfEvent10Raffle
IRS990ScheduleG/EventsInformation/NetIncomeSummary041190
IRS990ScheduleG/InPersonSolicitations0X
IRS990ScheduleG/LicensedStates0FL
IRS990ScheduleL/LoanTable/ApprovedByBoard0true
IRS990ScheduleL/LoanTable/BalanceDue0350000
IRS990ScheduleL/LoanTable/Default0false
IRS990ScheduleL/LoanTable/LoanFromOrganization0X
IRS990ScheduleL/LoanTable/NamePerson0Errict Rhett
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount0350000
IRS990ScheduleL/LoanTable/PurposeOfLoan0Real Estate
IRS990ScheduleL/LoanTable/RelationshipWithOrganization0Director
IRS990ScheduleL/LoanTable/WrittenAgreement0true
IRS990ScheduleL/TotalBalanceDue0350000
IRS990ScheduleO/GeneralExplanation/Explanation0Description Amount Property Taxes 14,990 Insurance 1,261 Mortgage Payments 20,057 Renovation/repairs 41,317 Fundraising Business Meetings 7,505 Other raffle expenses 17,140 Supplies 15,199 HOA 5,906
IRS990ScheduleO/GeneralExplanation/Explanation1Category Beginning of Year End of Year Note Payable Errict Rhett 350,000 350,000
IRS990ScheduleO/GeneralExplanation/Identifier0O01
IRS990ScheduleO/GeneralExplanation/Identifier1O02
IRS990ScheduleO/GeneralExplanation/ReturnReference0Description of other expenses Part I line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/Filer/EIN0020596251
ReturnHeader/Filer/Name/BusinessNameLine10Errict Rhett Foundation
ReturnHeader/Filer/NameControl0ERRI
ReturnHeader/Filer/USAddress/AddressLine106 NW 108 Terrace
ReturnHeader/Filer/USAddress/City0Fort Lauderdale
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode033324
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02015-05-15
ReturnHeader/Officer/Name0Errict Rhette
ReturnHeader/Officer/Title0Director
ReturnHeader/Preparer/DatePrepared02015-05-15
ReturnHeader/PreparerFirm/EIN0954729132
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Richardson Consultants Inc
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1022750 Hawthorne Blvd Suite 219
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Torrance
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode090505
ReturnHeader/Preparer/Name0Brady L Richardson
ReturnHeader/Preparer/Phone03103789606
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02015-05-15T13:55:48-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$361,376
Liabilities
$350,000
Net assets
$11,376
Revenue
$118,617
Expenses
$123,375
Net income
-$4,758
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$3.66$3.50$0.16$0.68$0.66$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.63$3.50$0.13$0.60$0.58$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$3.50$0.11$1.19$1.23$0.05
2011Summary only. Only limited summary data is available for this year.$3.66$3.50$1.17$0.87$0.30