Civic Intelligence

Strawberry Fields Apartments Inc.

990 • Fiscal year 2021 • EIN 04-3733444

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

PO Box 650Melbourne, AR 72556-0650

(870) 368-5200

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.01x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

12th percentile

-21%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

23rd percentile

-2.3%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

9.8%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$596,044

Down $14,021 (-2.3%) from 2020

Net Assets

Down

$589,696

Down $14,743 (-2.4%) from 2020

Liabilities

Up

$6,348

Up $722 (+13%) from 2020

Revenue

Up

$71,268

Up $6,333 (+9.8%) from 2020

Expenses

Up

$86,011

Up $1,197 (+1.4%) from 2020

Net Income

Up

-$14,743

Up $5,136 (+26%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $736,183Liabilities 2010: $8,759Net Assets 2010: $727,4242010Assets 2011: $729,963Liabilities 2011: $8,646Net Assets 2011: $721,3172011Assets 2012: $724,501Liabilities 2012: $7,750Net Assets 2012: $716,7512012Assets 2013: $716,554Liabilities 2013: $6,622Net Assets 2013: $709,9322013Assets 2014: $711,415Liabilities 2014: $6,849Net Assets 2014: $704,5662014Assets 2015: $698,075Liabilities 2015: $5,856Net Assets 2015: $692,2192015Assets 2016: $679,837Liabilities 2016: $4,532Net Assets 2016: $675,3052016Assets 2017: $666,747Liabilities 2017: $5,473Net Assets 2017: $661,2742017Assets 2018: $651,158Liabilities 2018: $6,485Net Assets 2018: $644,6732018Assets 2019: $630,466Liabilities 2019: $6,148Net Assets 2019: $624,3182019Assets 2020: $610,065Liabilities 2020: $5,626Net Assets 2020: $604,4392020Assets 2021: $596,044Liabilities 2021: $6,348Net Assets 2021: $589,6962021Assets 2022: $581,204Liabilities 2022: $8,135Net Assets 2022: $573,0692022Assets 2023: $561,319Liabilities 2023: $20,671Net Assets 2023: $540,6482023Assets 2024: $536,417Liabilities 2024: $10,252Net Assets 2024: $526,1652024

Highlighted filing

2021

Assets$596,044
Liabilities$6,348
Net Assets$589,696

Operations Trend

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

$100K$50K$0-$50KExpenses 2010: $79,0862010Expenses 2011: $80,4182011Expenses 2012: $80,8742012Revenue 2013: $74,277Expenses 2013: $81,096Net Income 2013: -$6,8192013Revenue 2014: $76,225Expenses 2014: $81,591Net Income 2014: -$5,3662014Revenue 2015: $74,899Expenses 2015: $87,246Net Income 2015: -$12,3472015Revenue 2016: $68,629Expenses 2016: $85,543Net Income 2016: -$16,9142016Revenue 2017: $70,526Expenses 2017: $84,557Net Income 2017: -$14,0312017Revenue 2018: $70,862Expenses 2018: $87,463Net Income 2018: -$16,6012018Revenue 2019: $67,445Expenses 2019: $87,800Net Income 2019: -$20,3552019Revenue 2020: $64,935Expenses 2020: $84,814Net Income 2020: -$19,8792020Revenue 2021: $71,268Expenses 2021: $86,011Net Income 2021: -$14,7432021Revenue 2022: $74,048Expenses 2022: $90,675Net Income 2022: -$16,6272022Revenue 2023: $65,463Expenses 2023: $97,884Net Income 2023: -$32,4212023Revenue 2024: $83,099Expenses 2024: $97,582Net Income 2024: -$14,4832024

Highlighted filing

2021

Revenue$71,268
Expenses$86,011
Net Income-$14,743
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.0
Gross Receipts
$71,268
Mission and Program Overview

Mission

To provide housing with federal assistance to low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$505,218$483,380▼ $21,838
Prepaid Expenses and Deferred Charges$2,833$3,642▲ $809
Cash and Non-Interest-Bearing Accounts$203$788▲ $585
Total Assets$610,065$596,044▼ $14,021
Other Assets Total$101,811$108,234▲ $6,423
Liabilities
Other Liabilities$2,843$3,551▲ $708
Accounts Payable and Accrued Expenses$2,783$2,563▼ $220
Deferred Revenue-$234-
Total Liabilities$5,626$6,348▲ $722
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$604,439$589,696▼ $14,743
Total Net Assets Fund Balance$604,439$589,696▼ $14,743
Total Liabilities and Net Assets / Fund Balance$610,065$596,044▼ $14,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$449,360$315,508$764,868
Land$26,000-$26,000
Equipment$8,020$16,300$24,320
Other Assets Org$3,051--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike ConePresident
Bridget McspaddenDirector
Matt RushDirector
Katy BlevinsExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$27,989
Program Service Revenue
$42,756
Investment Income
$91
Other Revenue
$432
Change in Net Assets
$-14,743

Audited Revenue Reconciliation

Revenue per Audited Statements
$71,268
Total Revenue per Audited Statements
$71,268
Total Revenue per Form 990
$71,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$21,838--$21,838
Office Expenses$12,569--$12,569
Fees for Services Management$8,065--$8,065
All Other Expenses$5,200--$5,200
Insurance$4,987--$4,987
Fees for Services Accounting-$4,690-$4,690
Other Expenses$3,171--$3,171
Advertising$67--$67
Total Functional Expenses$81,321$4,690$0$86,011

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$86,011
Total Expenses per Audited Statements$86,011
Total Expenses per Form 990$86,011
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$3,551
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

Forms reviewed by management and accounting staff. Copies will be provided to the board.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Strawberry Fields Inc
EIN
04-3733444
Phone
8703685200
Address
PO BOX 650, MELBOURNE, AR 72556-0650

Signing Officer

Name
Katy Blevins
Title
Executive Director
Phone
8703685200
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katy Blevins
Formed
2002
Legal Domicile
Ar
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Miller & Rose Pa
Address
1309 EAST RACE, SEARCY, AR 72143
Preparer
L Scott Rose CPA
Phone
5012688356
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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/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05626
IRS990/TotalLiabilitiesEOYAmt06348
IRS990/TotalLiabilitiesGrp/BOYAmt05626
IRS990/TotalLiabilitiesGrp/EOYAmt06348
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0604439
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0589696
IRS990/TotalProgramServiceExpensesAmt081321
IRS990/TotalProgramServiceRevenueAmt042756
IRS990/TotalRevenueGrp/ExclusionAmt0523
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042756
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071268
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0610065
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0596044
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 650
IRS990/USAddress/CityNm0MELBOURNE
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd0725560650
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATY BLEVINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08703685200
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRAWBERRY FIELDS INC
ReturnHeader/Filer/BusinessNameControlTxt0STRA
ReturnHeader/Filer/EIN0043733444
ReturnHeader/Filer/PhoneNum08703685200
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 650
ReturnHeader/Filer/USAddress/CityNm0MELBOURNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd0725560650
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710652947
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER & ROSE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01309 EAST RACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEARCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072143
ReturnHeader/PreparerPersonGrp/PhoneNum05012688356
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0L SCOTT ROSE CPA
ReturnHeader/ReturnTs02022-05-11T14:37:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLEVINS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.36$0.10$5.26$0.83$0.98$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.61$0.21$5.41$0.65$0.98$0.32
2022Detailed filing. Detailed filing data is available for this year.$5.81$0.08$5.73$0.74$0.91$0.17
2021Detailed filing. Detailed filing data is available for this year.$5.96$0.06$5.90$0.71$0.86$0.15
2020Detailed filing. Detailed filing data is available for this year.$6.10$0.06$6.04$0.65$0.85$0.20
2019Detailed filing. Detailed filing data is available for this year.$6.30$0.06$6.24$0.67$0.88$0.20
2018Detailed filing. Detailed filing data is available for this year.$6.51$0.06$6.45$0.71$0.87$0.17
2017Detailed filing. Detailed filing data is available for this year.$6.67$0.05$6.61$0.71$0.85$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.80$0.05$6.75$0.69$0.86$0.17
2015Detailed filing. Detailed filing data is available for this year.$6.98$0.06$6.92$0.75$0.87$0.12
2014Detailed filing. Detailed filing data is available for this year.$7.11$0.07$7.05$0.76$0.82$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$0.07$7.10$0.74$0.81$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$0.08$7.17$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.30$0.09$7.21$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.36$0.09$7.27$0.79