Civic Intelligence

A Phillips Square

990 • Fiscal year 2022 • EIN 20-1648180

Jul 01, 2021 to Jun 30, 2022 • Filed on May 05, 2023

6329 NE Martin Luther King Jr BlPortland, OR 97211

(503) 288-2923

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

58th percentile

4.9%

Faster asset growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-3.9%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,109,818

Up $52,128 (+4.9%) from 2021

Net Assets

Up

$1,087,098

Up $43,422 (+4.2%) from 2021

Liabilities

Up

$22,720

Up $8,706 (+62%) from 2021

Revenue

Down

$148,436

Down $6,090 (-3.9%) from 2021

Expenses

Up

$105,014

Up $16,258 (+18%) from 2021

Net Income

Down

$43,422

Down $22,348 (-34%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $654,925Liabilities 2011: $7,062Net Assets 2011: $647,8632011Assets 2012: $674,842Liabilities 2012: $4,689Net Assets 2012: $670,1532012Assets 2013: $712,073Liabilities 2013: $5,933Net Assets 2013: $706,1402013Assets 2014: $750,038Liabilities 2014: $6,116Net Assets 2014: $743,9222014Assets 2015: $755,594Liabilities 2015: $5,505Net Assets 2015: $750,0892015Assets 2016: $793,963Liabilities 2016: $5,438Net Assets 2016: $788,5252016Assets 2017: $831,193Liabilities 2017: $7,274Net Assets 2017: $823,9192017Assets 2018: $897,943Liabilities 2018: $13,106Net Assets 2018: $884,8372018Assets 2019: $965,487Liabilities 2019: $15,270Net Assets 2019: $950,2172019Assets 2020: $993,965Liabilities 2020: $16,059Net Assets 2020: $977,9062020Assets 2021: $1,057,690Liabilities 2021: $14,014Net Assets 2021: $1,043,6762021Assets 2022: $1,109,818Liabilities 2022: $22,720Net Assets 2022: $1,087,0982022Assets 2023: $1,127,374Liabilities 2023: $22,212Net Assets 2023: $1,105,1622023Assets 2024: $1,156,275Liabilities 2024: $18,654Net Assets 2024: $1,137,6212024

Highlighted filing

2022

Assets$1,109,818
Liabilities$22,720
Net Assets$1,087,098

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2011: $129,861Expenses 2011: $88,113Net Income 2011: $41,7482011Revenue 2012: $123,847Expenses 2012: $101,557Net Income 2012: $22,2902012Revenue 2013: $125,643Expenses 2013: $89,656Net Income 2013: $35,9872013Revenue 2014: $129,318Expenses 2014: $91,536Net Income 2014: $37,7822014Revenue 2015: $131,480Expenses 2015: $125,314Net Income 2015: $6,1662015Revenue 2016: $134,830Expenses 2016: $96,394Net Income 2016: $38,4362016Revenue 2017: $136,450Expenses 2017: $101,056Net Income 2017: $35,3942017Revenue 2018: $141,255Expenses 2018: $80,337Net Income 2018: $60,9182018Revenue 2019: $145,733Expenses 2019: $80,353Net Income 2019: $65,3802019Revenue 2020: $144,866Expenses 2020: $117,177Net Income 2020: $27,6892020Revenue 2021: $154,526Expenses 2021: $88,756Net Income 2021: $65,7702021Revenue 2022: $148,436Expenses 2022: $105,014Net Income 2022: $43,4222022Revenue 2023: $149,126Expenses 2023: $131,062Net Income 2023: $18,0642023Revenue 2024: $161,848Expenses 2024: $129,389Net Income 2024: $32,4592024

Highlighted filing

2022

Revenue$148,436
Expenses$105,014
Net Income$43,422
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 5, 2023
Return Version
2021v4.2
Gross Receipts
$148,436
Mission and Program Overview

Mission

A. Phillip square's mission is to provide affordable housing to low-income individuals.

To provide housing to low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$817,322$909,427▲ $92,105
Accounts Receivable$82,936$91,712▲ $8,776
Land, Buildings, and Equipment, Net$62,851$62,045▼ $806
Cash and Non-Interest-Bearing Accounts$89,771$41,179▼ $48,592
Prepaid Expenses and Deferred Charges$4,810$5,455▲ $645
Total Assets$1,057,690$1,109,818▲ $52,128
Liabilities
Accounts Payable and Accrued Expenses$9,168$18,023▲ $8,855
Other Liabilities$4,715$4,464▼ $251
Deferred Revenue$131$233▲ $102
Total Liabilities$14,014$22,720▲ $8,706
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,043,676$1,087,098▲ $43,422
Total Net Assets Fund Balance$1,043,676$1,087,098▲ $43,422
Total Liabilities and Net Assets / Fund Balance$1,057,690$1,109,818▲ $52,128

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$530,990$530,990
Land$58,370-$58,370
Other Land Buildings$3,675$10,716$14,391
Equipment$0$9,689$9,689
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alberta SimmonsPresident
Loulie BrownDirector
Kymberly HornerExecutive Director
Brenda JacksonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$57,753
Program Service Revenue
$90,639
Investment Income
$44
Other Revenue
$0
Change in Net Assets
$43,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,014
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
Fees for Services Other$37,341$3,000-$40,341
Occupancy$20,450--$20,450
Fees for Services Management-$10,730-$10,730
Office Expenses$5,195$4,042-$9,237
Fees for Services Accounting-$8,713-$8,713
Insurance$6,628--$6,628
Depreciation Depletion$806--$806
Advertising-$631-$631
Other Expenses$202$2,901-$202
Total Functional Expenses$74,997$30,017$0$105,014
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 Deposits Held in Trust$4,464
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization is operated under a management agreement with cascade management, inc. Whereby cascade management, inc. Provides general management and administrative services. The annual fees for these services is calculated as a percentage of gross project collections.

Form 990, Part VI, Section A, Line 8A

There were no board meetings held during the year.

Form 990, Part VI, Section A, Line 8B

There were no committee meetings held during the year.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an outside cpa firm. The completed form 990 is reviewed by the executive director prior to its filing with the irs.

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
A Phillips Square
EIN
20-1648180
Phone
5032882923
Address
6329 NE MARTIN LUTHER KING JR BL, PORTLAND, OR 97211

Signing Officer

Name
Kymberly Horner
Title
Executive Director
Phone
5032882923
Signed
2023-05-05

Organization Details

Principal Officer
Kymberly Horner
Formed
2003
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Gary Mcgee & Co Llp
Address
1000 SW BROADWAY SUITE 1200, PORTLAND, OR 97205
Preparer
Yee Lee Mcgee
Phone
5032222515
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Expense reimbursements to management company: program service expenses 20,555. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 23,555. Maintenance contracts: program service expenses 14,086. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,086. Security services: program service expenses 2,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,700.

Raw XML Appendix389 raw XML fields

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/Total509Grp/TotalAmt0730407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0148436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0154526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0144866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0145733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0141255
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0734816
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0530990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0530990
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09689
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09689
IRS990ScheduleD/LandGrp/BookValueAmt058370
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt058370
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03675
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010716
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062045
IRS990ScheduleD/TotalLiabilityAmt04464
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS OPERATED UNDER A MANAGEMENT AGREEMENT WITH CASCADE MANAGEMENT, INC. WHEREBY CASCADE MANAGEMENT, INC. PROVIDES GENERAL MANAGEMENT AND ADMINISTRATIVE SERVICES. THE ANNUAL FEES FOR THESE SERVICES IS CALCULATED AS A PERCENTAGE OF GROSS PROJECT COLLECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO BOARD MEETINGS HELD DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WERE NO COMMITTEE MEETINGS HELD DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. THE COMPLETED FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXPENSE REIMBURSEMENTS TO MANAGEMENT COMPANY: PROGRAM SERVICE EXPENSES 20,555. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,555. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 14,086. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,086. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 2,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,700.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01057690
IRS990/TotalAssetsEOYAmt01109818
IRS990/TotalAssetsGrp/BOYAmt01057690
IRS990/TotalAssetsGrp/EOYAmt01109818
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt057753
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030017
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt074997
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105014
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014014
IRS990/TotalLiabilitiesEOYAmt022720
IRS990/TotalLiabilitiesGrp/BOYAmt014014
IRS990/TotalLiabilitiesGrp/EOYAmt022720
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01043676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01087098
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt074997
IRS990/TotalProgramServiceRevenueAmt090639
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt044
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090639
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0148436
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01057690
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01109818
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06329 NE MARTIN LUTHER KING JR BLVD
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097211
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KYMBERLY HORNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05032882923
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0A PHILLIPS SQUARE
ReturnHeader/Filer/BusinessNameControlTxt0APHI
ReturnHeader/Filer/EIN0201648180
ReturnHeader/Filer/PhoneNum05032882923
ReturnHeader/Filer/USAddress/AddressLine1Txt06329 NE MARTIN LUTHER KING JR BL
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097211
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARY MCGEE & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 SW BROADWAY SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097205
ReturnHeader/PreparerPersonGrp/PhoneNum05032222515
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YEE LEE MCGEE
ReturnHeader/ReturnTs02023-05-05T13:54:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KYMBERLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HORNER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$0.16$0.13$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$0.15$0.13$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.02$1.09$0.15$0.11$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.01$1.04$0.15$0.09$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.98$0.14$0.12$0.03
2019Summary only. Only limited summary data is available for this year.$0.97$0.02$0.95$0.15$0.08$0.07
2018Summary only. Only limited summary data is available for this year.$0.90$0.01$0.88$0.14$0.08$0.06
2017Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.14$0.10$0.04
2016Summary only. Only limited summary data is available for this year.$0.79$0.01$0.79$0.13$0.10$0.04
2015Summary only. Only limited summary data is available for this year.$0.76$0.01$0.75$0.13$0.13$0.01
2014Summary only. Only limited summary data is available for this year.$0.75$0.01$0.74$0.13$0.09$0.04
2013Summary only. Only limited summary data is available for this year.$0.71$0.01$0.71$0.13$0.09$0.04
2012Summary only. Only limited summary data is available for this year.$0.67$0.00$0.67$0.12$0.10$0.02
2011Summary only. Only limited summary data is available for this year.$0.65$0.01$0.65$0.13$0.09$0.04