Civic Intelligence

Illyrian Gardens Inc.

990 • Fiscal year 2015 • EIN 04-2761051

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 10, 2016

545 Salisbury StreetWorcester, MA 01609

(508) 753-7217

Siviq Scores

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

Liabilities / Assets

98th percentile

1.82x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.13x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

21st percentile

-5.3%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.7%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,077,898

Down $116,565 (-5.3%) from 2014

Net Assets

Down

-$1,712,081

Down $7,906 (-0.5%) from 2014

Liabilities

Down

$3,789,979

Down $108,659 (-2.8%) from 2014

Revenue

Up

$1,211,717

Up $19,904 (+1.7%) from 2014

Expenses

Up

$1,219,623

Up $16,013 (+1.3%) from 2014

Net Income

Up

-$7,906

Up $3,891 (+33%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,046,968Liabilities 2010: $3,826,872Net Assets 2010: -$1,779,9042010Assets 2011: $2,537,215Liabilities 2011: $4,274,477Net Assets 2011: -$1,737,2622011Assets 2012: $2,448,738Liabilities 2012: $4,149,843Net Assets 2012: -$1,701,1052012Assets 2013: $2,362,545Liabilities 2013: $4,054,923Net Assets 2013: -$1,692,3782013Assets 2014: $2,194,463Liabilities 2014: $3,898,638Net Assets 2014: -$1,704,1752014Assets 2015: $2,077,898Liabilities 2015: $3,789,979Net Assets 2015: -$1,712,0812015Assets 2016: $1,962,764Liabilities 2016: $3,638,227Net Assets 2016: -$1,675,4632016Assets 2017: $1,881,931Liabilities 2017: $3,522,005Net Assets 2017: -$1,640,0742017Assets 2018: $1,777,387Liabilities 2018: $3,343,477Net Assets 2018: -$1,566,0902018Assets 2019: $1,698,186Liabilities 2019: $3,194,950Net Assets 2019: -$1,496,7642019Assets 2020: $1,980,561Liabilities 2020: $3,002,896Net Assets 2020: -$1,022,3352020Assets 2021: $2,047,944Liabilities 2021: $2,843,535Net Assets 2021: -$795,5912021Assets 2022: $2,064,611Liabilities 2022: $2,657,550Net Assets 2022: -$592,9392022Assets 2023: $2,379,970Liabilities 2023: $2,392,588Net Assets 2023: -$12,6182023Assets 2024: $2,462,772Liabilities 2024: $2,206,854Net Assets 2024: $255,9182024

Highlighted filing

2015

Assets$2,077,898
Liabilities$3,789,979
Net Assets-$1,712,081

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,134,7142010Expenses 2011: $1,103,3782011Revenue 2012: $1,163,119Expenses 2012: $1,126,962Net Income 2012: $36,1572012Revenue 2013: $1,174,253Expenses 2013: $1,165,526Net Income 2013: $8,7272013Revenue 2014: $1,191,813Expenses 2014: $1,203,610Net Income 2014: -$11,7972014Revenue 2015: $1,211,717Expenses 2015: $1,219,623Net Income 2015: -$7,9062015Revenue 2016: $1,230,506Expenses 2016: $1,193,888Net Income 2016: $36,6182016Revenue 2017: $1,235,176Expenses 2017: $1,199,787Net Income 2017: $35,3892017Revenue 2018: $1,270,717Expenses 2018: $1,196,733Net Income 2018: $73,9842018Revenue 2019: $1,304,948Expenses 2019: $1,235,622Net Income 2019: $69,3262019Revenue 2020: $1,228,555Expenses 2020: $986,485Net Income 2020: $242,0702020Revenue 2021: $1,259,537Expenses 2021: $1,032,793Net Income 2021: $226,7442021Revenue 2022: $1,268,805Expenses 2022: $1,066,153Net Income 2022: $202,6522022Revenue 2023: $1,680,215Expenses 2023: $1,099,893Net Income 2023: $580,3222023Revenue 2024: $1,501,295Expenses 2024: $1,232,758Net Income 2024: $268,5372024

Highlighted filing

2015

Revenue$1,211,717
Expenses$1,219,623
Net Income-$7,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,211,717
Mission and Program Overview

Mission

To provide affordable housing to qualified elderly and disabled individuals. Currently, the organization operates one program, under section 8 housing assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,465,859$1,296,598▼ $169,261
Intangible Assets$92,629$87,126▼ $5,503
Accounts Receivable$16,183$10,660▼ $5,523
Prepaid Expenses and Deferred Charges$10,090$9,782▼ $308
Cash and Non-Interest-Bearing Accounts$4,420$2,834▼ $1,586
Total Assets$2,194,463$2,077,898▼ $116,565
Other Assets Total$605,282$670,898▲ $65,616
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,823,679$3,695,214▼ $128,465
Accounts Payable and Accrued Expenses$57,212$65,509▲ $8,297
Other Liabilities$17,745$17,885▲ $140
Deferred Revenue$2$11,371▲ $11,369
Total Liabilities$3,898,638$3,789,979▼ $108,659
Net Assets / Fund Balance
Unrestricted Net Assets$-1,704,175$-1,712,081▼ $7,906
Total Net Assets Fund Balance$-1,704,175$-1,712,081▼ $7,906
Total Liabilities and Net Assets / Fund Balance$2,194,463$2,077,898▼ $116,565

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,068,760$4,311,018$5,379,778
Equipment$42,888$164,882$207,770
Land$184,950-$184,950
Other Assets Org$20,896--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark JohnsPresident
Fr Timothy LoweDirector
Gary Peters EsqDirector
Louis PeroDirector
Peter ThamelSecretary
Robert LaskaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$947,504
Program Service Revenue
$263,290
Investment Income
$923
Other Revenue
$0
Change in Net Assets
$-7,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,211,717
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,211,717
Total Revenue per Form 990
$1,211,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,022,589
Salaries, Compensation, and Employee Benefits$197,034
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$223,886--$223,886
Interest$220,497--$220,497
Other Salaries and Wages$162,399--$162,399
Other Expenses$76,808--$76,808
Fees for Services Management$67,408--$67,408
All Other Expenses$44,226--$44,226
Insurance$38,645--$38,645
Other Employee Benefits$21,880--$21,880
Fees for Services Accounting$18,720--$18,720
Payroll Taxes$12,755--$12,755
Office Expenses$6,175--$6,175
Advertising$3,771--$3,771
Fees for Services Legal$675--$675
Total Functional Expenses$1,219,623$0$0$1,219,623

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,219,623
Total Expenses per Audited Statements$1,219,623
Total Expenses per Form 990$1,219,623
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
Tenants Deposits Payable$17,885
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The organization's governing documents, conflict of interest policy and financial statements are available upon request and are available at the main office located at 545 salisbury st, worcester, ma 01609. The audited financial statements and form 990 are attachments to massachusetts form pc, which is availabe to the public for inspection.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request and are available at the main office located at 545 salisbury st, worcester, ma 01609.

Filing and Contact Details

Filer

Filer Name
Illyrian Gardens Inc
EIN
04-2761051
Phone
5087537217
Address
545 SALISBURY STREET, WORCESTER, MA 01609

Signing Officer

Name
Mark Johns
Title
President
Phone
5087537217
Signed
2016-06-10

Organization Details

Principal Officer
Mark Johns
Formed
1982
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Lloyd B Mcmanus Cpapc
Address
PO BOX 130259, BOSTON, MA 02113
Preparer
Lloyd B Mcmanus Jr
Phone
6173671843
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The audit committee meets annualy to select the independent accountant. This process has not changed from the prior year.

Raw XML Appendix388 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0263290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0350836
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0342382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0260599
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0255971
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01473078
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05886000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74970
IRS990ScheduleA/PublicSupportPY170Pct00.74720
IRS990ScheduleA/PublicSupportTotal170Amt04412922
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0947504
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0840977
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0831872
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0902520
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0890049
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04412922
IRS990ScheduleA/TotalSupportAmt05886000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01068760
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04311018
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05379778
IRS990ScheduleD/EquipmentGrp/BookValueAmt042888
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0164882
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0207770
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01219623
IRS990ScheduleD/LandGrp/BookValueAmt0184950
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0184950
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0650002
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120896
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROWS AND RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANTS DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01211717
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01296598
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0670898
IRS990ScheduleD/TotalExpensesPerForm990Amt01219623
IRS990ScheduleD/TotalLiabilityAmt017885
IRS990ScheduleD/TotalRevenuePerForm990Amt01211717
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01211717
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01219623
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE AVAILABLE AT THE MAIN OFFICE LOCATED AT 545 SALISBURY ST, WORCESTER, MA 01609. THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE ATTACHMENTS TO MASSACHUSETTS FORM PC, WHICH IS AVAILABE TO THE PUBLIC FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE AVAILABLE AT THE MAIN OFFICE LOCATED AT 545 SALISBURY ST, WORCESTER, MA 01609.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT COMMITTEE MEETS ANNUALY TO SELECT THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02194463
IRS990/TotalAssetsEOYAmt02077898
IRS990/TotalAssetsGrp/BOYAmt02194463
IRS990/TotalAssetsGrp/EOYAmt02077898
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0947504
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01219623
IRS990/TotalFunctionalExpensesGrp/TotalAmt01219623
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03898638
IRS990/TotalLiabilitiesEOYAmt03789979
IRS990/TotalLiabilitiesGrp/BOYAmt03898638
IRS990/TotalLiabilitiesGrp/EOYAmt03789979
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1704175
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1712081
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01219623
IRS990/TotalProgramServiceRevenueAmt0263290
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0923
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0263290
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01211717
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02194463
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02077898
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1704175
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1712081
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0107 JENIFER DRIVE
IRS990/USAddress/CityNm0HOLDEN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001520
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK JOHNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05087537217
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLYRIAN GARDENS INC
ReturnHeader/Filer/BusinessNameControlTxt0ILLY
ReturnHeader/Filer/EIN0042761051
ReturnHeader/Filer/PhoneNum05087537217
ReturnHeader/Filer/USAddress/AddressLine1Txt0545 SALISBURY STREET
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001609
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042760770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LLOYD B MCMANUS CPAPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 130259
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002113
ReturnHeader/PreparerPersonGrp/PhoneNum06173671843
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LLOYD B MCMANUS JR
ReturnHeader/ReturnTs02016-06-22T15:40:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.46$2.21$0.26$1.50$1.23$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.38$2.39$0.01$1.68$1.10$0.58
2022Detailed filing. Detailed filing data is available for this year.$2.06$2.66$0.59$1.27$1.07$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.05$2.84$0.80$1.26$1.03$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.98$3.00$1.02$1.23$0.99$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.70$3.19$1.50$1.30$1.24$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.78$3.34$1.57$1.27$1.20$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.88$3.52$1.64$1.24$1.20$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.96$3.64$1.68$1.23$1.19$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.08$3.79$1.71$1.21$1.22$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.19$3.90$1.70$1.19$1.20$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.36$4.05$1.69$1.17$1.17$0.01
2012Summary only. Only limited summary data is available for this year.$2.45$4.15$1.70$1.16$1.13$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$4.27$1.74$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$3.83$1.78$1.13