Civic Intelligence

Shawme Heights II Inc.

990 • Fiscal year 2018 • EIN 04-3478758

Apr 01, 2017 to Mar 31, 2018 • Filed on Jun 18, 2018

5 Leveridge LaneSandwich, MA 02563

(617) 566-1026

Siviq Scores

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

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.95x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

37th percentile

-1.9%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.0%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,183,897

Down $80,447 (-1.9%) from 2017

Net Assets

Down

$3,781,095

Down $75,366 (-2.0%) from 2017

Liabilities

Down

$402,802

Down $5,081 (-1.2%) from 2017

Revenue

Up

$422,835

Up $27,769 (+7.0%) from 2017

Expenses

Down

$498,201

Down $35,526 (-6.7%) from 2017

Net Income

Up

-$75,366

Up $63,295 (+46%) from 2017

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$0Assets 2011: $4,612,956Liabilities 2011: $416,929Net Assets 2011: $4,196,0272011Assets 2012: $4,701,858Liabilities 2012: $399,574Net Assets 2012: $4,302,2842012Assets 2013: $4,649,158Liabilities 2013: $403,885Net Assets 2013: $4,245,2732013Assets 2014: $4,557,886Liabilities 2014: $404,722Net Assets 2014: $4,153,1642014Assets 2015: $4,490,545Liabilities 2015: $413,421Net Assets 2015: $4,077,1242015Assets 2016: $4,401,284Liabilities 2016: $406,162Net Assets 2016: $3,995,1222016Assets 2017: $4,264,344Liabilities 2017: $407,883Net Assets 2017: $3,856,4612017Assets 2018: $4,183,897Liabilities 2018: $402,802Net Assets 2018: $3,781,0952018Assets 2019: $4,106,101Liabilities 2019: $414,125Net Assets 2019: $3,691,9762019Assets 2020: $4,044,282Liabilities 2020: $417,480Net Assets 2020: $3,626,8022020Assets 2021: $3,952,835Liabilities 2021: $437,103Net Assets 2021: $3,515,7322021Assets 2022: $3,866,232Liabilities 2022: $469,980Net Assets 2022: $3,396,2522022Assets 2023: $3,823,368Liabilities 2023: $449,780Net Assets 2023: $3,373,5882023Assets 2024: $3,785,949Liabilities 2024: $447,828Net Assets 2024: $3,338,1212024Assets 2025: $3,660,410Liabilities 2025: $425,594Net Assets 2025: $3,234,8162025

Highlighted filing

2018

Assets$4,183,897
Liabilities$402,802
Net Assets$3,781,095

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $463,5042011Expenses 2012: $448,8952012Revenue 2013: $408,498Expenses 2013: $465,509Net Income 2013: -$57,0112013Revenue 2014: $393,768Expenses 2014: $485,877Net Income 2014: -$92,1092014Revenue 2015: $395,483Expenses 2015: $471,523Net Income 2015: -$76,0402015Revenue 2016: $401,942Expenses 2016: $483,944Net Income 2016: -$82,0022016Revenue 2017: $395,066Expenses 2017: $533,727Net Income 2017: -$138,6612017Revenue 2018: $422,835Expenses 2018: $498,201Net Income 2018: -$75,3662018Revenue 2019: $427,677Expenses 2019: $516,796Net Income 2019: -$89,1192019Revenue 2020: $470,216Expenses 2020: $535,390Net Income 2020: -$65,1742020Revenue 2021: $461,325Expenses 2021: $572,397Net Income 2021: -$111,0722021Revenue 2022: $484,303Expenses 2022: $603,783Net Income 2022: -$119,4802022Revenue 2023: $588,317Expenses 2023: $610,981Net Income 2023: -$22,6642023Revenue 2024: $592,100Expenses 2024: $627,569Net Income 2024: -$35,4692024Revenue 2025: $588,272Expenses 2025: $691,577Net Income 2025: -$103,3052025

Highlighted filing

2018

Revenue$422,835
Expenses$498,201
Net Income-$75,366
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Jun 18, 2018
Return Version
2017v2.3
Gross Receipts
$422,835
Mission and Program Overview

Mission

Low income housing available under section 8 and 202.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,873,266$3,757,604▼ $115,662
Savings and Temporary Cash Investments$9,936$12,250▲ $2,314
Cash and Non-Interest-Bearing Accounts$1,144$10,512▲ $9,368
Prepaid Expenses and Deferred Charges$3,343$4,207▲ $864
Accounts Receivable$1,424$2,279▲ $855
Total Assets$4,264,344$4,183,897▼ $80,447
Other Assets Total$375,231$397,045▲ $21,814
Liabilities
Mortgage Notes Payable Secured by Investment Property$360,000$360,000→ $0
Accounts Payable and Accrued Expenses$28,313$21,043▼ $7,270
Other Liabilities$18,525$19,673▲ $1,148
Deferred Revenue$1,045$2,086▲ $1,041
Total Liabilities$407,883$402,802▼ $5,081
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,846,525$3,768,845▼ $77,680
Unrestricted Net Assets$9,936$12,250▲ $2,314
Total Net Assets Fund Balance$3,856,461$3,781,095▼ $75,366
Total Liabilities and Net Assets / Fund Balance$4,264,344$4,183,897▼ $80,447

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,622,604$1,958,380$5,580,984
Land$135,000-$135,000
Other Assets Org$12,564--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dennis NewmanPresident
Jan TimmonsDirector
Karen LewisDirector
Kirby HolmesDirector
Richard FarrarDirector
Chuck GallowayClerk
Toni GleasonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$186,619
Program Service Revenue
$232,455
Investment Income
$181
Other Revenue
$3,580
All Other Contributions
$3,112
Change in Net Assets
$-75,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$422,835
Total Revenue per Audited Statements
$422,835
Total Revenue per Form 990
$422,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,740
Salaries, Compensation, and Employee Benefits$124,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$144,450--$144,450
Other Salaries and Wages$34,264$62,293-$96,557
Occupancy$64,058--$64,058
Fees for Services Management-$39,825-$39,825
Insurance$30,091$1,970-$32,061
Other Employee Benefits$5,759$10,694-$16,453
Office Expenses-$14,351-$14,351
Payroll Taxes$4,008$7,443-$11,451
Fees for Services Accounting-$9,950-$9,950
Other Expenses$1,108$800-$1,908
Fees for Services Legal-$1,321-$1,321
All Other Expenses-$637-$637
Total Functional Expenses$348,917$149,284$0$498,201

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$498,201
Total Expenses per Audited Statements$498,201
Total Expenses per Form 990$498,201
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Wingate management contracted to manage day to day operations.

Form 990, Page 6, Part VI, Line 11B

Copy of return provided to board memeber for acceptance.

Form 990, Page 6, Part VI, Line 12C

Annual disclosures at annual meeting.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Shawme Heights Ii Inc
EIN
04-3478758
Phone
6175661026
Address
5 LEVERIDGE LANE, SANDWICH, MA 02563

Signing Officer

Name
Dennis Newman
Title
President
Phone
6175661026
Signed
2018-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Toni Gleason
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Sanders Walsh & Eaton LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Michael J Walsh CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Low income housing available under section 8 and 202.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0288
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01391
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0232455
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03498
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03560
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04382
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04664
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04564
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020668
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97510
IRS990ScheduleA/PublicSupportPY170Pct00.97340
IRS990ScheduleA/PublicSupportTotal170Amt0864341
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0186619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0164425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0166978
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0174852
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0171467
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0864341
IRS990ScheduleA/TotalSupportAmt0886400
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0498201
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt019673
IRS990ScheduleD/LandGrp/BookValueAmt0135000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0135000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0348734
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119861
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215886
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt312564
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PROPERTY INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS ACCOUNT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03622604
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01958380
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05580984
IRS990ScheduleD/RevenueSubtotalAmt0422835
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03757604
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0397045
IRS990ScheduleD/TotalExpensesPerForm990Amt0498201
IRS990ScheduleD/TotalLiabilityAmt019673
IRS990ScheduleD/TotalRevenuePerForm990Amt0422835
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0422835
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0498201
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOW INCOME HOUSING AVAILABLE UNDER SECTION 8 AND 202.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WINGATE MANAGEMENT CONTRACTED TO MANAGE DAY TO DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF RETURN PROVIDED TO BOARD MEMEBER FOR ACCEPTANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL DISCLOSURES AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03846525
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03768845
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04264344
IRS990/TotalAssetsEOYAmt04183897
IRS990/TotalAssetsGrp/BOYAmt04264344
IRS990/TotalAssetsGrp/EOYAmt04183897
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0186619
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0149284
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348917
IRS990/TotalFunctionalExpensesGrp/TotalAmt0498201
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0407883
IRS990/TotalLiabilitiesEOYAmt0402802
IRS990/TotalLiabilitiesGrp/BOYAmt0407883
IRS990/TotalLiabilitiesGrp/EOYAmt0402802
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03856461
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03781095
IRS990/TotalProgramServiceExpensesAmt0348917
IRS990/TotalProgramServiceRevenueAmt0232455
IRS990/TotalRevenueGrp/ExclusionAmt03761
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0232455
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0422835
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04264344
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04183897
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09936
IRS990/UnrestrictedNetAssetsGrp/EOYAmt012250
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013 SHORE DRIVE
IRS990/USAddress/CityNm0FORESTDALE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002644
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS NEWMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06175661026
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAWME HEIGHTS II INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAW
ReturnHeader/Filer/EIN0043478758
ReturnHeader/Filer/PhoneNum06175661026
ReturnHeader/Filer/USAddress/AddressLine1Txt05 LEVERIDGE LANE
ReturnHeader/Filer/USAddress/CityNm0SANDWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002563
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BB858BA31F04699E906BF4765556342F31FF276D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06E281AA5297327A144FF8F8621DBF88A7370D791
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:41:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043128198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANDERS WALSH & EATON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX F
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002655
ReturnHeader/PreparerPersonGrp/PhoneNum05084280790
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J WALSH CPA
ReturnHeader/ReturnTs02018-08-09T12:41:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-04-01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.66$0.43$3.23$0.59$0.69$0.10
2024Detailed filing. Detailed filing data is available for this year.$3.79$0.45$3.34$0.59$0.63$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.82$0.45$3.37$0.59$0.61$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.87$0.47$3.40$0.48$0.60$0.12
2021Detailed filing. Detailed filing data is available for this year.$3.95$0.44$3.52$0.46$0.57$0.11
2020Detailed filing. Detailed filing data is available for this year.$4.04$0.42$3.63$0.47$0.54$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.11$0.41$3.69$0.43$0.52$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.18$0.40$3.78$0.42$0.50$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.26$0.41$3.86$0.40$0.53$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.40$0.41$4.00$0.40$0.48$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.49$0.41$4.08$0.40$0.47$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.56$0.40$4.15$0.39$0.49$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.40$4.25$0.41$0.47$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.40$4.30$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.42$4.20$0.46