Civic Intelligence

Carrollton-Hollygrove Community Development Corporation

990 • Fiscal year 2014 • EIN 06-1804372

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

8301 Olive StreetNew Orleans, LA 70118

(504) 483-7037

Siviq Scores

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

Liabilities / Assets

96th percentile

1.33x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.22x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$82,217

Down $33,055 (-29%) from 2013

Net Assets

Down

-$27,256

Down $54,153 (-201%) from 2013

Liabilities

Up

$109,473

Up $21,098 (+24%) from 2013

Revenue

Up

$487,479

Up $57,223 (+13%) from 2013

Expenses

Up

$541,631

Up $105,175 (+24%) from 2013

Net Income

Down

-$54,152

Down $47,952 (-773%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2010: $154,445Liabilities 2010: $45,105Net Assets 2010: $109,3402010Assets 2011: $116,269Liabilities 2011: $52,026Net Assets 2011: $64,2432011Assets 2012: $94,315Liabilities 2012: $58,907Net Assets 2012: $35,4082012Assets 2013: $115,272Liabilities 2013: $88,375Net Assets 2013: $26,8972013Assets 2014: $82,217Liabilities 2014: $109,473Net Assets 2014: -$27,2562014Assets 2015: $80,645Liabilities 2015: $112,281Net Assets 2015: -$31,6362015Assets 2016: $79,591Liabilities 2016: $159,943Net Assets 2016: -$80,3522016Assets 2017: $70,665Liabilities 2017: $163,400Net Assets 2017: -$92,7352017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$82,217
Liabilities$109,473
Net Assets-$27,256

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $158,3182010Expenses 2011: $279,1962011Expenses 2012: $308,3152012Revenue 2013: $430,256Expenses 2013: $436,456Net Income 2013: -$6,2002013Revenue 2014: $487,479Expenses 2014: $541,631Net Income 2014: -$54,1522014Revenue 2015: $418,132Expenses 2015: $422,512Net Income 2015: -$4,3802015Revenue 2016: $378,247Expenses 2016: $426,963Net Income 2016: -$48,7162016Revenue 2017: $355,903Expenses 2017: $368,286Net Income 2017: -$12,3832017Revenue 2018: $42,909Expenses 2018: $39,420Net Income 2018: $3,4892018

Highlighted filing

2014

Revenue$487,479
Expenses$541,631
Net Income-$54,152
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$1,604,331
Mission and Program Overview

Mission

To provide and increase decent and affordable housing opportunities to low and moderate income people in the city of new orleans and revitalization of the carrollton/hollygrove neighborhood in the wake of hurricane katrina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$104,029$86,392▼ $17,637
Loans From Officers Directors$33,400$33,400→ $0
Accounts Receivable$11,662$14,950▲ $3,288
Inventories for Sale or Use$2,459$2,459→ $0
Cash and Non-Interest-Bearing Accounts$-4,799$-22,084▼ $17,285
Total Assets$115,272$82,217▼ $33,055
Other Assets Total$1,921$500▼ $1,421
Liabilities
Accounts Payable and Accrued Expenses$35,345$33,154▼ $2,191
Mortgage Notes Payable Secured by Investment Property$18,078$21,609▲ $3,531
Other Liabilities$1,552$21,310▲ $19,758
Total Liabilities$88,375$109,473▲ $21,098
Net Assets / Fund Balance
Temporarily Rstr Net Assets$22,775$22,775→ $0
Unrestricted Net Assets$4,122$-50,031▼ $54,153
Total Net Assets Fund Balance$26,897$-27,256▼ $54,153
Total Liabilities and Net Assets / Fund Balance$115,272$82,217▼ $33,055

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$61,998$22,967$84,965
Equipment$24,394$21,822$46,216
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jarvain BingmonBoard Member
Paul BaricosBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$487,479
Change in Net Assets
$-54,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,417
Salaries, Compensation, and Employee Benefits$237,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$205,428$17,863-$223,291
All Other Expenses$68,514$17,025-$85,539
Occupancy$58,354--$58,354
Insurance$18,329$2,037-$20,366
Other Expenses$19,859$1,497-$19,859
Depreciation Depletion$16,226$1,411-$17,637
Payroll Taxes$12,809$1,114-$13,923
Fees for Services Other$9,796$852-$10,648
Office Expenses$9,439$393-$9,832
Advertising$5,597--$5,597
Information Technology$4,912--$4,912
Fees for Services Accounting$3,216$280-$3,496
Conferences and Meetings-$816-$816
Interest-$61-$61
Total Functional Expenses$496,381$45,250$0$541,631
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,255
Fundraising Direct Expenses$2,778
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$33,400$33,400→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$21,310
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is provided to the board of directors prior to being filed and any questions or problems are addressed at that time.

Form 990, Part VI, Section B, Line 12C

The board of directors monitors compliance with the written conflict of interest policy and takes appropriate action as warranted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Carrollton-hollygrove Community
EIN
06-1804372
Phone
5044837037
Address
8301 OLIVE STREET, NEW ORLEANS, LA 70118

Signing Officer

Name
Jarvain L Bingmon
Title
Board Member
Phone
5044837037
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jarvain L Bingmon
Formed
2007
Legal Domicile
La
Voting Board Members
2
Independent Board Members
2
Employees
22
Volunteers
385

Preparer

Firm
Hienz & Macaluso LLC
Address
110 VETERANS BLVD SUITE 170, METAIRIE, LA 70005
Preparer
Robert W Hienz
Phone
5048375434
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Hollygrove greenline- created to re-activate an old rail bed space within the hollygrove neighborhood. This property will be redeveloped as a linear walking park that will educate the community on stormwater management properties, provide healthy, safe, enjoyable outdoor space, and provide demonstration gardens for urban farming initiatives.this program has received support from various partners.

Form 990, Part IX, Line 24E

Transportation: program service expenses 14793. Management and general expenses 3698. Fundraising expenses 0. Total expenses 18491. Store supplies: program service expenses 17398. Management and general expenses 0. Fundraising expenses 0. Total expenses 17398. Truck rental: program service expenses 14064. Management and general expenses 0. Fundraising expenses 0. Total expenses 14064. Volunteer expense: program service expenses 9021. Management and general expenses 279. Fundraising expenses 0. Total expenses 9300. Repairs & maintenance: program service expenses 0. Management and general expenses 8457. Fundraising expenses 0. Total expenses 8457. Program expenses: program service expenses 6972. Management and general expenses 0. Fundraising expenses 0. Total expenses 6972. Workers compensation: program service expenses 6266. Management and general expenses 545. Fundraising expenses 0. Total expenses 6811. Dues & subscriptions: program service expenses 0. Management and general expenses 2346. Fundraising expenses 0. Total expenses 2346. Payroll processing: program service expenses 0. Management and general expenses 1700. Fundraising expenses 0. Total expenses 1700.

FORM 990, PART XI, LINE 9:

ROUNDING -1.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0431358
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04924117
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt024394
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046216
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061998
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022967
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt084965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086392
IRS990ScheduleD/TotalLiabilityAmt021310
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt033400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING AND CAPITAL EXPENDITURES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt034900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PAUL BARICOS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt033400
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOLLYGROVE GREENLINE- CREATED TO RE-ACTIVATE AN OLD RAIL BED SPACE WITHIN THE HOLLYGROVE NEIGHBORHOOD. THIS PROPERTY WILL BE REDEVELOPED AS A LINEAR WALKING PARK THAT WILL EDUCATE THE COMMUNITY ON STORMWATER MANAGEMENT PROPERTIES, PROVIDE HEALTHY, SAFE, ENJOYABLE OUTDOOR SPACE, AND PROVIDE DEMONSTRATION GARDENS FOR URBAN FARMING INITIATIVES.THIS PROGRAM HAS RECEIVED SUPPORT FROM VARIOUS PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO BEING FILED AND ANY QUESTIONS OR PROBLEMS ARE ADDRESSED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY AND TAKES APPROPRIATE ACTION AS WARRANTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSPORTATION: PROGRAM SERVICE EXPENSES 14793. MANAGEMENT AND GENERAL EXPENSES 3698. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18491. STORE SUPPLIES: PROGRAM SERVICE EXPENSES 17398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17398. TRUCK RENTAL: PROGRAM SERVICE EXPENSES 14064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14064. VOLUNTEER EXPENSE: PROGRAM SERVICE EXPENSES 9021. MANAGEMENT AND GENERAL EXPENSES 279. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9300. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8457. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8457. PROGRAM EXPENSES: PROGRAM SERVICE EXPENSES 6972. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6972. WORKERS COMPENSATION: PROGRAM SERVICE EXPENSES 6266. MANAGEMENT AND GENERAL EXPENSES 545. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6811. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2346. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2346. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt022775
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt022775
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0115272
IRS990/TotalAssetsEOYAmt082217
IRS990/TotalAssetsGrp/BOYAmt0115272
IRS990/TotalAssetsGrp/EOYAmt082217
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0496381
IRS990/TotalFunctionalExpensesGrp/TotalAmt0541631
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088375
IRS990/TotalLiabilitiesEOYAmt0109473
IRS990/TotalLiabilitiesGrp/BOYAmt088375
IRS990/TotalLiabilitiesGrp/EOYAmt0109473
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026897
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-27256
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0496381
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0481215
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06264
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0487479
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0385
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0115272
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082217
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04122
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-50031
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08301 OLIVE STREET
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070118
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JARVAIN L BINGMON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum05044837037
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARROLLTON-HOLLYGROVE COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CARR
ReturnHeader/Filer/EIN0061804372
ReturnHeader/Filer/PhoneNum05044837037
ReturnHeader/Filer/USAddress/AddressLine1Txt08301 OLIVE STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070118
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721473527
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HIENZ & MACALUSO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 VETERANS BLVD SUITE 170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070005
ReturnHeader/PreparerPersonGrp/PhoneNum05048375434
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W HIENZ
ReturnHeader/ReturnTs02015-11-16T16:51:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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