Civic Intelligence

Champ Hodgens Estates Inc

EIN 20-1958068 • 501(c)3 • Stigler, OK

Profile

Owns and operates an 18 unit apartment complex that provides housing to the very low-income elderly.

200 South East A StreetStigler, OK 74462

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.58x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

3rd percentile

-108%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

26th percentile

-3.5%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

39th percentile

1.9%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Down

$1,076,035

Down $38,854 (-3.5%) from 2018

Liabilities

Up

$24,576

Up $6,977 (+40%) from 2018

Net Assets

Down

$1,051,459

Down $45,831 (-4.2%) from 2018

Revenue

Up

$42,322

Up $800 (+1.9%) from 2018

Expenses

Up

$88,153

Up $7,312 (+9.0%) from 2018

Net Income

Down

-$45,831

Down $6,512 (-17%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,347,468Liabilities 2011: $17,827Net Assets 2011: $1,329,6412011Assets 2012: $1,315,580Liabilities 2012: $13,597Net Assets 2012: $1,301,9832012Assets 2013: $1,292,389Liabilities 2013: $17,924Net Assets 2013: $1,274,4652013Assets 2014: $1,256,677Liabilities 2014: $17,740Net Assets 2014: $1,238,9372014Assets 2015: $1,225,987Liabilities 2015: $21,166Net Assets 2015: $1,204,8212015Assets 2016: $1,187,120Liabilities 2016: $13,251Net Assets 2016: $1,173,8692016Assets 2017: $1,146,874Liabilities 2017: $10,266Net Assets 2017: $1,136,6082017Assets 2018: $1,114,889Liabilities 2018: $17,599Net Assets 2018: $1,097,2902018Assets 2019: $1,076,035Liabilities 2019: $24,576Net Assets 2019: $1,051,4592019

Highlighted filing

2019

Assets$1,076,035
Liabilities$24,576
Net Assets$1,051,459

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2011: $78,2312011Revenue 2012: $65,323Expenses 2012: $92,981Net Income 2012: -$27,6582012Revenue 2013: $56,019Expenses 2013: $83,537Net Income 2013: -$27,5182013Revenue 2014: $51,758Expenses 2014: $87,286Net Income 2014: -$35,5282014Revenue 2015: $55,433Expenses 2015: $89,549Net Income 2015: -$34,1162015Revenue 2016: $60,550Expenses 2016: $91,502Net Income 2016: -$30,9522016Revenue 2017: $51,178Expenses 2017: $89,089Net Income 2017: -$37,9112017Revenue 2018: $41,522Expenses 2018: $80,841Net Income 2018: -$39,3192018Revenue 2019: $42,322Expenses 2019: $88,153Net Income 2019: -$45,8312019

Highlighted filing

2019

Revenue$42,322
Expenses$88,153
Net Income-$45,831

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.1
Gross Receipts
$42,322
Mission and Program Overview

Mission

Owns and operates an 18 unit apartment complex that provides housing to the very low-income elderly.

Owns and operates an 18 unit apartment complex that provides housing to the very low-income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,053,621$1,018,401▼ $35,220
Savings and Temporary Cash Investments$2,306$1,547▼ $759
Cash and Non-Interest-Bearing Accounts$224$617▲ $393
Total Assets$1,114,889$1,076,035▼ $38,854
Other Assets Total$58,738$55,470▼ $3,268
Liabilities
Accounts Payable and Accrued Expenses$14,485$20,374▲ $5,889
Deferred Revenue$3,114$4,202▲ $1,088
Total Liabilities$17,599$24,576▲ $6,977
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,420,600$1,420,600→ $0
Net Assets Without Donor Restrictions$-323,310$-369,141▼ $45,831
Total Net Assets Fund Balance$1,097,290$1,051,459▼ $45,831
Total Liabilities and Net Assets / Fund Balance$1,114,889$1,076,035▼ $38,854

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$990,588$405,012$1,395,600
Land$25,000-$25,000
Leasehold Improvements$2,813$97$2,910
Equipment$0$1,550$1,550
Other Assets Org$55,470--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John JonesPresident
Dawn BryantVice President
Audrey BalentineDirector
Billy ClevelandDirector
John CookDirector
Linda HaysDirector
Margaret JohnsonDirector
Gene BassAlternate
Jan CopelandSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$42,109
Investment Income
$213
Other Revenue
$0
Change in Net Assets
$-45,831

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,322
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$42,322
Total Revenue per Form 990
$42,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,153
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$35,220--$35,220
Occupancy$15,697--$15,697
Insurance$6,949--$6,949
Fees for Services Management-$5,137-$5,137
Fees for Services Accounting-$5,000-$5,000
Office Expenses-$2,399-$2,399
Advertising-$889-$889
Other Expenses$16,106$756-$756
Total Functional Expenses$73,972$14,181$0$88,153

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$88,153
Total Expenses per Audited Statements$88,153
Total Expenses per Form 990$88,153
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Board reviews 990 prepared by independent accountants before submitting

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

Board members are required to attest annually to any potential conflicts of interest

Form 990, Part VI, Section C, Line 18

Governing documents available upon request and online through guidestar website

Form 990, Part VI, Section C, Line 19

Documents are made public in accordance with us department of housing and urban development and 501(c)(3) requirements

Filing and Contact Details

Filer

Filer Name
Champ Hodgens Estates Inc
EIN
20-1958068
Phone
9189679992
Address
200 SOUTH EAST A STREET, STIGLER, OK 74462

Signing Officer

Name
John Jones
Title
President
Phone
9189679992
Signed
2020-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Jones
Formed
2005
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Landmark Plc Cpas
Address
P O BOX 10148, FORT SMITH, AR 72917-0148
Preparer
Josh Masters
Phone
4794845740
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Linc 2C

The process of reviewing 990 has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

The organization qualifies as an organization exempt from income taxes under section 501(c)(3) of the internal revenue code and a similar state statute and is not subject to tax at the entity level for federal and state income tax purposes. The organization accounts for uncertain tax positions in accordance with the provisions of financial accounting standards board (fasb) codification topic income taxes. Fasb codification topic income taxes clarifies the accounting for uncertainty in income taxes and requires the organization to recognize in their financial statements the impact of a tax position taken or expected to be taken in a tax return, if that position is more likely than not to be sustained under audit, based on the technical merits of the position. Management has assessed the tax positions of the organization and determined that no positions exist that require adjustment or disclosure under the provisions of fasb codification topic income taxes. The organization files informational "return of organization exempt from income tax" (form 990) in the u.s. Federal jurisdiction and oklahoma.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt041328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055433
IRS990ScheduleA/Total509Grp/TotalAmt0250598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt041522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt051352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt060635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055514
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0251345
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0990588
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0405012
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01395600
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01550
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01550
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt088153
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02813
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt097
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02910
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt055470
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND FUNDED RESERVES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt042322
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR STATE STATUTE AND IS NOT SUBJECT TO TAX AT THE ENTITY LEVEL FOR FEDERAL AND STATE INCOME TAX PURPOSES. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) CODIFICATION TOPIC INCOME TAXES. FASB CODIFICATION TOPIC INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND REQUIRES THE ORGANIZATION TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UNDER AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE ORGANIZATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. THE ORGANIZATION FILES INFORMATIONAL "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) IN THE U.S. FEDERAL JURISDICTION AND OKLAHOMA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01018401
IRS990ScheduleD/TotalBookValueOtherAssetsAmt055470
IRS990ScheduleD/TotalExpensesPerForm990Amt088153
IRS990ScheduleD/TotalRevenuePerForm990Amt042322
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt042322
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt088153
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS 990 PREPARED BY INDEPENDENT ACCOUNTANTS BEFORE SUBMITTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO ATTEST ANNUALLY TO ANY POTENTIAL CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AND ONLINE THROUGH GUIDESTAR WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE PUBLIC IN ACCORDANCE WITH US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND 501(C)(3) REQUIREMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF REVIEWING 990 HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINC 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01114889
IRS990/TotalAssetsEOYAmt01076035
IRS990/TotalAssetsGrp/BOYAmt01114889
IRS990/TotalAssetsGrp/EOYAmt01076035
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014181
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt073972
IRS990/TotalFunctionalExpensesGrp/TotalAmt088153
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017599
IRS990/TotalLiabilitiesEOYAmt024576
IRS990/TotalLiabilitiesGrp/BOYAmt017599
IRS990/TotalLiabilitiesGrp/EOYAmt024576
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01097290
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01051459
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt073972
IRS990/TotalProgramServiceRevenueAmt042109
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0213
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042109
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt042322
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01114889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01076035
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 SOUTH EAST A STREET
IRS990/USAddress/CityNm0STIGLER
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074462
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09189679992
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHAMP HODGENS ESTATES INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAM
ReturnHeader/Filer/EIN0201958068
ReturnHeader/Filer/PhoneNum09189679992
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 SOUTH EAST A STREET
ReturnHeader/Filer/USAddress/CityNm0STIGLER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074462
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09C352C40AF4FC659E59A637DF52504419039CC79
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09C352C40AF4FC659E59A637DF52504419039CC79
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.133.38.90
ReturnHeader/FilingSecurityInformation/IPDt02020-05-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm021:34:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710355269
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LANDMARK PLC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 10148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT SMITH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR

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