Civic Intelligence

Marc Homes Inc.

990 • Fiscal year 2018 • EIN 20-0044654

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 10, 2018

Organization Profile
PO Box 622Muskogee, OK 74402

(918) 683-8162

Siviq Scores

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

Liabilities / Assets

96th percentile

1.43x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

9.82x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

32nd percentile

-3.4%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

37th percentile

-1.4%

Faster revenue growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$747,409

Down $26,586 (-3.4%) from 2017

Net Assets

Down

-$322,083

Down $27,391 (-9.3%) from 2017

Liabilities

Up

$1,069,492

Up $805 (+0.1%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin11th percentile

Revenue

Down

$108,862

Down $1,495 (-1.4%) from 2017

Expenses

Up

$136,253

Up $4,018 (+3.0%) from 2017

Net Income

Down

-$27,391

Down $5,513 (-25%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $912,381Liabilities 2011: $1,070,174Net Assets 2011: -$157,7932011Assets 2012: $880,452Liabilities 2012: $1,067,975Net Assets 2012: -$187,5232012Assets 2013: $882,892Liabilities 2013: $1,084,425Net Assets 2013: -$201,5332013Assets 2014: $842,951Liabilities 2014: $1,069,460Net Assets 2014: -$226,5092014Assets 2015: $811,600Liabilities 2015: $1,068,846Net Assets 2015: -$257,2462015Assets 2016: $793,812Liabilities 2016: $1,066,626Net Assets 2016: -$272,8142016Assets 2017: $773,995Liabilities 2017: $1,068,687Net Assets 2017: -$294,6922017Assets 2018: $747,409Liabilities 2018: $1,069,492Net Assets 2018: -$322,0832018Assets 2019: $734,444Liabilities 2019: $1,072,819Net Assets 2019: -$338,3752019Assets 2020: $714,085Liabilities 2020: $1,073,197Net Assets 2020: -$359,1122020Assets 2021: $703,110Liabilities 2021: $1,068,335Net Assets 2021: -$365,2252021Assets 2022: $672,255Liabilities 2022: $1,068,514Net Assets 2022: -$396,2592022Assets 2023: $654,824Liabilities 2023: $1,074,166Net Assets 2023: -$419,3422023Assets 2024: $633,994Liabilities 2024: $1,073,270Net Assets 2024: -$439,2762024

Highlighted filing

2018

Assets$747,409
Liabilities$1,069,492
Net Assets-$322,083
Open 2018 Filing

Operations Trend

Revenue Growth37th percentile

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $136,2902011Expenses 2012: $130,9522012Expenses 2013: $111,1662013Revenue 2014: $101,551Expenses 2014: $126,527Net Income 2014: -$24,9762014Revenue 2015: $102,438Expenses 2015: $133,175Net Income 2015: -$30,7372015Revenue 2016: $107,959Expenses 2016: $123,527Net Income 2016: -$15,5682016Revenue 2017: $110,357Expenses 2017: $132,235Net Income 2017: -$21,8782017Revenue 2018: $108,862Expenses 2018: $136,253Net Income 2018: -$27,3912018Revenue 2019: $109,183Expenses 2019: $125,475Net Income 2019: -$16,2922019Revenue 2020: $109,546Expenses 2020: $130,283Net Income 2020: -$20,7372020Revenue 2021: $140,886Expenses 2021: $146,999Net Income 2021: -$6,1132021Revenue 2022: $126,528Expenses 2022: $157,562Net Income 2022: -$31,0342022Revenue 2023: $124,440Expenses 2023: $147,523Net Income 2023: -$23,0832023Revenue 2024: $127,379Expenses 2024: $147,313Net Income 2024: -$19,9342024

Highlighted filing

2018

Revenue$108,862
Expenses$136,253
Net Income-$27,391
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 10, 2018
Return Version
2017v2.2
Gross Receipts
$108,862
Mission and Program Overview

Mission

Provide 22 units of housing for low income persons with disabilities.

Provide 22 units of housing for low income persons with disbilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$746,126$718,742▼ $27,384
Savings and Temporary Cash Investments$21,498$21,907▲ $409
Cash and Non-Interest-Bearing Accounts$878$2,423▲ $1,545
Accounts Receivable$1,292--
Total Assets$773,995$747,409▼ $26,586
Other Assets Total$4,201$4,337▲ $136
Liabilities
Other Liabilities$1,062,301$1,062,437▲ $136
Accounts Payable and Accrued Expenses$6,386$7,055▲ $669
Total Liabilities$1,068,687$1,069,492▲ $805
Net Assets / Fund Balance
Unrestricted Net Assets$-294,692$-322,083▼ $27,391
Total Net Assets Fund Balance$-294,692$-322,083▼ $27,391
Total Liabilities and Net Assets / Fund Balance$773,995$747,409▼ $26,586

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$657,519$322,856$980,375
Land$49,365-$49,365
Equipment$11,858$19,220$31,078
Other Assets Org$4,337--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Larry CraggPresident
Ann HenryBoard Member
Linda SmithBoard Member
Lynn CraggBoard Member
Les WestonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$37,123
Program Service Revenue
$71,688
Investment Income
$51
Other Revenue
$0
Change in Net Assets
$-27,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$108,862
Total Revenue per Audited Statements
$108,862
Total Revenue per Form 990
$108,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,809
Salaries, Compensation, and Employee Benefits$25,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$27,384--$27,384
Other Salaries and Wages$25,444--$25,444
Other Expenses$19,907--$19,907
Fees for Services Management$11,520--$11,520
Insurance$8,225--$8,225
Office Expenses$5,585--$5,585
Fees for Services Accounting-$4,800-$4,800
Total Functional Expenses$131,453$4,800$0$136,253

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$136,253
Total Expenses per Audited Statements$136,253
Total Expenses per Form 990$136,253
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Advance$1,058,100
Tenant Deposits Held in Trust$4,337
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
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The form is reviewed at regularly scheduled meetings.”

Conflict of interest policy compliance Part VI line 12C

“The board oversees the activities of the property manager who selects contractors and ensures contractors are not related.”

Governing documents etc available to public Part VI line 19

“The governing documents, conflict of interest policy, and finanacial statements are available upon proper request.”

Filing and Contact Details

Filer

Filer Name
MARC Homes Inc
EIN
20-0044654
Address
PO Box 622, Muskogee, OK 74402

Signing Officer

Name
Les Weston
Title
Secretary
Phone
9186838162
Signed
2018-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Cragg
Formed
2004
Legal Domicile
Ok
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
John Flusche CPA
Address
6851 South Canton, Tulsa, OK 74136
Preparer
John Flusche
Phone
9182612758
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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/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0773995
IRS990/TotalAssetsEOYAmt0747409
IRS990/TotalAssetsGrp/BOYAmt0773995
IRS990/TotalAssetsGrp/EOYAmt0747409
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037123
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131453
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136253
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01068687
IRS990/TotalLiabilitiesEOYAmt01069492
IRS990/TotalLiabilitiesGrp/BOYAmt01068687
IRS990/TotalLiabilitiesGrp/EOYAmt01069492
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-294692
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-322083
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0131453
IRS990/TotalProgramServiceRevenueAmt071688
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071739
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0108862
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0773995
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0747409
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-294692
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-322083
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Les Weston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum09186838162
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARC Homes Inc
ReturnHeader/Filer/BusinessNameControlTxt0MARC
ReturnHeader/Filer/EIN0200044654
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 622
ReturnHeader/Filer/USAddress/CityNm0Muskogee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074402
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId061674D59FA40EB075B46BAF327BC0C8FE934F6A3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId061674D59FA40EB075B46BAF327BC0C8FE934F6A3
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07337492018305jzxv1ak
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-01
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.171.140.17
ReturnHeader/FilingSecurityInformation/IPDt02018-11-01
ReturnHeader/FilingSecurityInformation/IPTm012:42:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731513650
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John Flusche CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06851 South Canton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tulsa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074136
ReturnHeader/PreparerPersonGrp/PhoneNum09182612758
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Flusche
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-01T13:39:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$747,409
Liabilities
$1,069,492
Net assets
-$322,083
Revenue
$108,862
Expenses
$136,253
Net income
-$27,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$1.07$0.44$0.13$0.15$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$1.07$0.42$0.12$0.15$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.07$0.40$0.13$0.16$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$1.07$0.37$0.14$0.15$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$1.07$0.36$0.11$0.13$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.07$0.34$0.11$0.13$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.75$1.07$0.32$0.11$0.14$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$1.07$0.29$0.11$0.13$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.79$1.07$0.27$0.11$0.12$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.81$1.07$0.26$0.10$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.84$1.07$0.23$0.10$0.13$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.08$0.20$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.07$0.19$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.07$0.16$0.14