Civic Intelligence

Fairhaven Homes 202

990 • Fiscal year 2019 • EIN 20-1439346

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 28, 2020

1212 Fair StreetClarkston, WA 99403

(509) 758-8514

Siviq Scores

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

Liabilities / Assets

95th percentile

1.31x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

20.78x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-73%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

20th percentile

-4.6%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-1.4%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,353,590

Down $65,975 (-4.6%) from 2018

Net Assets

Down

-$419,414

Down $62,638 (-18%) from 2018

Liabilities

Down

$1,773,004

Down $3,337 (-0.2%) from 2018

Revenue

Down

$85,336

Down $1,189 (-1.4%) from 2018

Expenses

Down

$147,974

Down $705 (-0.5%) from 2018

Net Income

Down

-$62,638

Down $484 (-0.8%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,967,896Liabilities 2010: $1,444,104Net Assets 2010: $523,7922010Assets 2011: $1,953,237Liabilities 2011: $1,443,506Net Assets 2011: $509,7312011Assets 2012: $1,914,623Liabilities 2012: $1,761,409Net Assets 2012: $153,2142012Assets 2013: $1,870,052Liabilities 2013: $1,760,641Net Assets 2013: $109,4112013Assets 2014: $1,816,841Liabilities 2014: $1,760,909Net Assets 2014: $55,9322014Assets 2015: $1,776,744Liabilities 2015: $1,761,172Net Assets 2015: $15,5722015Assets 2016: $1,722,531Liabilities 2016: $1,760,935Net Assets 2016: -$38,4042016Assets 2017: $1,474,394Liabilities 2017: $1,769,016Net Assets 2017: -$294,6222017Assets 2018: $1,419,565Liabilities 2018: $1,776,341Net Assets 2018: -$356,7762018Assets 2019: $1,353,590Liabilities 2019: $1,773,004Net Assets 2019: -$419,4142019Assets 2020: $1,308,114Liabilities 2020: $1,790,227Net Assets 2020: -$482,1132020Assets 2021: $1,222,435Liabilities 2021: $1,769,519Net Assets 2021: -$547,0842021Assets 2022: $1,212,120Liabilities 2022: $1,777,712Net Assets 2022: -$565,5922022Assets 2023: $1,149,628Liabilities 2023: $1,770,242Net Assets 2023: -$620,6142023Assets 2024: $1,089,492Liabilities 2024: $1,774,025Net Assets 2024: -$684,5332024

Highlighted filing

2019

Assets$1,353,590
Liabilities$1,773,004
Net Assets-$419,414

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $134,6772010Expenses 2011: $133,6262011Expenses 2012: $126,2332012Revenue 2013: $85,174Expenses 2013: $128,977Net Income 2013: -$43,8032013Revenue 2014: $85,235Expenses 2014: $138,714Net Income 2014: -$53,4792014Revenue 2015: $87,157Expenses 2015: $127,517Net Income 2015: -$40,3602015Revenue 2016: $82,755Expenses 2016: $136,731Net Income 2016: -$53,9762016Revenue 2017: $86,181Expenses 2017: $148,809Net Income 2017: -$62,6282017Revenue 2018: $86,525Expenses 2018: $148,679Net Income 2018: -$62,1542018Revenue 2019: $85,336Expenses 2019: $147,974Net Income 2019: -$62,6382019Revenue 2020: $86,085Expenses 2020: $148,784Net Income 2020: -$62,6992020Revenue 2021: $86,320Expenses 2021: $151,291Net Income 2021: -$64,9712021Revenue 2022: $83,252Expenses 2022: $156,437Net Income 2022: -$73,1852022Revenue 2023: $89,950Expenses 2023: $144,972Net Income 2023: -$55,0222023Revenue 2024: $90,788Expenses 2024: $154,707Net Income 2024: -$63,9192024

Highlighted filing

2019

Revenue$85,336
Expenses$147,974
Net Income-$62,638
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 28, 2020
Return Version
2019v5.0
Gross Receipts
$85,336
Mission and Program Overview

Mission

To provide low income housing for individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,273,649$1,204,768▼ $68,881
Savings and Temporary Cash Investments$143,755$146,903▲ $3,148
Prepaid Expenses and Deferred Charges$2,161$1,919▼ $242
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,419,565$1,353,590▼ $65,975
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,753,747$1,753,747→ $0
Accounts Payable and Accrued Expenses$16,155$13,335▼ $2,820
Other Liabilities$6,439$5,922▼ $517
Total Liabilities$1,776,341$1,773,004▼ $3,337
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-356,776$-419,414▼ $62,638
Total Net Assets Fund Balance$-356,776$-419,414▼ $62,638
Total Liabilities and Net Assets / Fund Balance$1,419,565$1,353,590▼ $65,975

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,133,440$927,356$2,060,796
Land$66,122-$66,122
Equipment$5,206$24,269$29,475
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara LeachmanChairperson
Fr Richard RootVice-chairman
Carol AndersonBoard Member
Gail CooperBoard Member
Reta NewmanBoard Member
Sue ClarkExecutive Director
Sharon ClizerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$37,491
Program Service Revenue
$47,772
Investment Income
$73
Other Revenue
$0
Change in Net Assets
$-62,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$85,336
Total Revenue per Audited Statements
$85,336
Total Revenue per Form 990
$85,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,600
Salaries, Compensation, and Employee Benefits$18,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$69,995--$69,995
Occupancy$19,272--$19,272
Other Salaries and Wages$9,129$1,991-$11,120
Fees for Services Management-$7,560-$7,560
Other Employee Benefits$5,293$1,961-$7,254
Fees for Services Accounting-$6,265-$6,265
Insurance$4,576--$4,576
Office Expenses$3,320--$3,320
Other Expenses$503$2,078-$503
All Other Expenses$160--$160
Travel$15--$15
Total Functional Expenses$128,119$19,855$0$147,974

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$147,974
Total Expenses per Audited Statements$147,974
Total Expenses per Form 990$147,974
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$5,489
Tenant Prepaid Rents$433
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

BY REQUEST

Filing and Contact Details

Filer

Filer Name
Fairhaven Homes 202
EIN
20-1439346
Address
1212 FAIR STREET, CLARKSTON, WA 99403

Signing Officer

Name
Barbara Leachman
Title
Chairperson
Signed
2020-07-28

Organization Details

Formed
2005
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Presnell Gage PLLC
Address
1216 Idaho Street, Lewiston, ID 83501
Preparer
Mitchell J Marx
Phone
2087468281
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IRS990/PYTotalRevenueAmt086525
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-62638
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0143755
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0146903
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037491
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039114
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt039529
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0195258
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0149
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0139
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt046551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt045770
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt045697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt045223
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0226105
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt099
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0149
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0527
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00140
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01221
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01574
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0856
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0877
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01536
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06064
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98460
IRS990ScheduleA/PublicSupportPY509Pct00.98420
IRS990ScheduleA/PublicSupportTotal509Amt0421363
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt084042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084884
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt085226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt081729
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt085482
IRS990ScheduleA/Total509Grp/TotalAmt0421363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt085336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt086181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt082755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt087157
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0427954
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01133440
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0927356
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02060796
IRS990ScheduleD/EquipmentGrp/BookValueAmt05206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024269
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029475
IRS990ScheduleD/ExpensesSubtotalAmt0147974
IRS990ScheduleD/LandGrp/BookValueAmt066122
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt066122
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0433
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Prepaid Rents
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt085336
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01204768
IRS990ScheduleD/TotalExpensesPerForm990Amt0147974
IRS990ScheduleD/TotalLiabilityAmt05922
IRS990ScheduleD/TotalRevenuePerForm990Amt085336
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt085336
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0147974
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01419565
IRS990/TotalAssetsEOYAmt01353590
IRS990/TotalAssetsGrp/BOYAmt01419565
IRS990/TotalAssetsGrp/EOYAmt01353590
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037491
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019855
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0147974
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01776341
IRS990/TotalLiabilitiesEOYAmt01773004
IRS990/TotalLiabilitiesGrp/BOYAmt01776341
IRS990/TotalLiabilitiesGrp/EOYAmt01773004
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-356776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-419414
IRS990/TotalProgramServiceExpensesAmt0128119
IRS990/TotalProgramServiceRevenueAmt047772
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047845
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt085336
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01419565
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01353590
IRS990/TravelGrp/ProgramServicesAmt015
IRS990/TravelGrp/TotalAmt015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$1.77$0.68$0.09$0.15$0.06
2023Summary only. Only limited summary data is available for this year.$1.15$1.77$0.62$0.09$0.14$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.78$0.57$0.08$0.16$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$1.77$0.55$0.09$0.15$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$1.79$0.48$0.09$0.15$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.35$1.77$0.42$0.09$0.15$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$1.78$0.36$0.09$0.15$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.77$0.29$0.09$0.15$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.76$0.04$0.08$0.14$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.78$1.76$0.02$0.09$0.13$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.82$1.76$0.06$0.09$0.14$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.87$1.76$0.11$0.09$0.13$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$1.76$0.15$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.44$0.51$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$1.44$0.52$0.13