Civic Intelligence

Dunson School Redevelopment Corporation

990 • Fiscal year 2014 • EIN 20-3092853

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

Organization ProfileN/A
1200 4th Avenue30240

(706) 298-0221

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.07x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

29.70x

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

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

Net Margin

4th percentile

-71%

Higher net margin than 4% 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

30th percentile

-2.4%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

41st percentile

0.8%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$3,131,976

Down $78,158 (-2.4%) from 2013

Net Assets

Down

-$209,299

Down $79,447 (-61%) from 2013

Liabilities

Up

$3,341,275

Up $1,289 (+0.0%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin4th percentile

Revenue

$112,514

No earlier filing loaded for comparison.

Expenses

Up

$191,961

Up $16,258 (+9.3%) from 2013

Net Income

-$79,447

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $3,368,800Liabilities 2011: $3,368,538Net Assets 2011: $2622011Assets 2012: $3,287,862Liabilities 2012: $3,353,246Net Assets 2012: -$65,3842012Assets 2013: $3,210,134Liabilities 2013: $3,339,986Net Assets 2013: -$129,8522013Assets 2014: $3,131,976Liabilities 2014: $3,341,275Net Assets 2014: -$209,2992014Assets 2015: $3,056,142Liabilities 2015: $3,343,238Net Assets 2015: -$287,0962015Assets 2016: $2,982,350Liabilities 2016: $3,356,758Net Assets 2016: -$374,4082016Assets 2017: $2,911,091Liabilities 2017: $3,372,587Net Assets 2017: -$461,4962017Assets 2018: $2,827,245Liabilities 2018: $3,357,559Net Assets 2018: -$530,3142018Assets 2019: $2,697,920Liabilities 2019: $3,317,618Net Assets 2019: -$619,6982019Assets 2020: $2,634,899Liabilities 2020: $3,314,853Net Assets 2020: -$679,9542020Assets 2021: $2,553,265Liabilities 2021: $3,318,210Net Assets 2021: -$764,9452021Assets 2022: $2,456,497Liabilities 2022: $3,316,562Net Assets 2022: -$860,0652022Assets 2023: $2,681,434Liabilities 2023: $3,629,149Net Assets 2023: -$947,7152023Assets 2024: $2,556,520Liabilities 2024: $3,331,788Net Assets 2024: -$775,2682024

Highlighted filing

2014

Assets$3,131,976
Liabilities$3,341,275
Net Assets-$209,299
Open 2014 Filing

Operations Trend

Revenue Growth41st percentile

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

$400K$200K$0-$200KRevenue 2011: $109,990Expenses 2011: $186,141Net Income 2011: -$76,1512011Expenses 2012: $183,2042012Expenses 2013: $175,7032013Revenue 2014: $112,514Expenses 2014: $191,961Net Income 2014: -$79,4472014Revenue 2015: $114,634Expenses 2015: $192,431Net Income 2015: -$77,7972015Revenue 2016: $107,943Expenses 2016: $195,255Net Income 2016: -$87,3122016Revenue 2017: $112,009Expenses 2017: $199,097Net Income 2017: -$87,0882017Revenue 2018: $128,268Expenses 2018: $197,086Net Income 2018: -$68,8182018Revenue 2019: $124,634Expenses 2019: $213,515Net Income 2019: -$88,8812019Revenue 2020: $148,902Expenses 2020: $209,158Net Income 2020: -$60,2562020Revenue 2021: $149,440Expenses 2021: $234,431Net Income 2021: -$84,9912021Revenue 2022: $171,796Expenses 2022: $266,916Net Income 2022: -$95,1202022Revenue 2023: $143,475Expenses 2023: $231,125Net Income 2023: -$87,6502023Revenue 2024: $390,851Expenses 2024: $218,404Net Income 2024: $172,4472024

Highlighted filing

2014

Revenue$112,514
Expenses$191,961
Net Income-$79,447
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.0
Gross Receipts
$112,514
Mission and Program Overview

Mission

To provide low-income, elderly persons with housing facilities and services specially designed to meet their physical, social, and psychological needs and to promote their health, security, happiness, and usefulness in longer living.

To provide low-income, elderly persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs and to promote their health, security, happiness, and usefulness in longer living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,132,121$3,048,049▼ $84,072
Savings and Temporary Cash Investments$75,696$80,304▲ $4,608
Prepaid Expenses and Deferred Charges-$1,306-
Cash and Non-Interest-Bearing Accounts$-10$-10→ $0
Total Assets$3,210,134$3,131,976▼ $78,158
Other Assets Total$2,327$2,327→ $0
Liabilities
Other Liabilities$3,262,000$3,262,000→ $0
Accounts Payable and Accrued Expenses$70,827$72,161▲ $1,334
Escrow Account Liability$7,159$7,114▼ $45
Total Liabilities$3,339,986$3,341,275▲ $1,289
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,000$10,000→ $0
Unrestricted Net Assets$-139,852$-219,299▼ $79,447
Total Net Assets Fund Balance$-129,852$-209,299▼ $79,447
Total Liabilities and Net Assets / Fund Balance$3,210,134$3,131,976▼ $78,158

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,722,540$549,276$3,271,816
Land$317,000-$317,000
Other Land Buildings$8,509$13,774$22,283
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Richard WolfeChairman
Jenny CopelandVice Chairman/treasurer
Eurie KelleyDirector
Debbie BurdetteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$53,765
Program Service Revenue
$0
Investment Income
$125
Other Revenue
$58,624
Change in Net Assets
$-79,447

Audited Revenue Reconciliation

Revenue per Audited Statements
$112,514
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$112,514
Total Revenue per Form 990
$112,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,961
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$84,072--$84,072
Payments to Affiliates$50,544--$50,544
Occupancy$12,275--$12,275
Insurance$12,210--$12,210
Fees for Services Accounting-$7,500-$7,500
Office Expenses-$5,532-$5,532
Travel-$3,317-$3,317
Other Expenses$300$407-$707
Advertising$635--$635
Information Technology$58--$58
Fees for Services Legal-$30-$30
Total Functional Expenses$175,175$16,786$0$191,961

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$191,961
Total Expenses per Audited Statements$191,961
Total Expenses per Form 990$191,961
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - US Dept. of Housing$3,262,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“The board receives a copy of the form 990 by e-mail for review before it is filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available for public inspection upon request.”

Filing and Contact Details

Filer

EIN
20-3092853
Phone
7062980221

Signing Officer

Name
Tom Alvis
Title
Controller
Phone
7062980221
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Alvis
Formed
2007
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Preparer
Joel T Mcdowell
Phone
2058221010
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The organization's board of directors relies on the accounting staff of its related party (d.a.s.h. For lagrange, inc.) to prepare and record transactions. Financial statements are then prepared and submitted to the organization's chairman on a monthly basis. The board of directors of the organization takes responsibility in overseeing the annual audit and the selection of the independent auditors. The process and procedures in place have not changed over the prior year.”

Financial Statement Notes

PART III, LINE 4:

“The organization maintains a picture of richard w. Wolfe, the father of the chairman of the board (to which the apartment complex is named), which hangs in the entrance way.”

PART IV, LINE 2B:

“Dunson school redevelopment corporation collects rent security deposits and keeps them in a separate interest bearing account.”

PART X, LINE 2:

“Part x, line 2: neither the project nor its non-profit corporate owner is subject to income taxes. The project has adopted the provisions of the fasb accounting standards codification (asc) income tax topic 740-10, accounting for uncertainty in income taxes. The guidance prescribes a comprehensive model for how a company should measure, recognize, present, and disclose in its financial statements uncertain tax positions that the company has taken or expects to take on a tax return. The organization adopted asc 340-10 as of july 1, 2009 and, thereafter, recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax posiition will be sustained on examination by the taxing authorities. There was no impact to the organization's financial statements as a result of the implementation of asc 740-10.”

Raw XML Appendix375 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt070827
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt072161
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW-INCOME, ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
IRS990/AdvertisingGrp/ProgramServicesAmt0635
IRS990/AdvertisingGrp/TotalAmt0635
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0TOM ALVIS
IRS990/BooksInCareOfDetail/PhoneNum07062980222
IRS990/BooksInCareOfDetail/USAddress/AddressLine101200 4TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/City0LAGRANGE
IRS990/BooksInCareOfDetail/USAddress/State0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode030240
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-10
IRS990/CashNonInterestBearingGrp/EOYAmt0-10
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt053765
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0125
IRS990/CYOtherExpensesAmt0191961
IRS990/CYOtherRevenueAmt058624
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-79447
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0191961
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0112514
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt084072
IRS990/DepreciationDepletionGrp/TotalAmt084072
IRS990/Desc0THE DUNSON SCHOOL APARTMENTS PROVIDE 28 ONE-BEDROOM UNITS, A COMMUNITY ROOM, CENTRAL LAUNDRY & AN OUTDOOR PATIO AREA. UNITS ARE AVAILABLE TO SENIORS 62 YEARS AND OLDER WITH INCOMES AT OR BELOW 50% OF THE AREA MEDIAN INCOME. RESIDENTS PAY NO MORE THAN 30% OF THEIR ADJUSTED INCOME TOWARD RENT AND UTILITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt07159
IRS990/EscrowAccountLiabilityGrp/EOYAmt07114
IRS990/ExpenseAmt0175175
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07500
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt030
IRS990/FeesForServicesLegalGrp/TotalAmt030
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD WOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNY COPELAND
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBBIE BURDETTE
IRS990/Form990PartVIISectionAGrp/PersonNm3EURIE KELLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt053765
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0112514
IRS990/GrossRentsGrp/RealAmt058624
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt058
IRS990/InformationTechnologyGrp/TotalAmt058
IRS990/InsuranceGrp/ProgramServicesAmt012210
IRS990/InsuranceGrp/TotalAmt012210
IRS990/InvestmentIncomeGrp/ExclusionAmt0125
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0125
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0563050
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03132121
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03048049
IRS990/LandBldgEquipCostOrOtherBssAmt03611099
IRS990/LegalDomicileStateCd0GA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME, ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-129852
IRS990/NetAssetsOrFundBalancesEOYAmt0-209299
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt058624
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt058624
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012275
IRS990/OccupancyGrp/TotalAmt012275
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05532
IRS990/OfficeExpensesGrp/TotalAmt05532
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02327
IRS990/OtherAssetsTotalGrp/EOYAmt02327
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PEST CONTROL
IRS990/OtherExpensesGrp/Desc2ALARM & FIRE MONITORING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0407
IRS990/OtherExpensesGrp/ProgramServicesAmt010654
IRS990/OtherExpensesGrp/ProgramServicesAmt12550
IRS990/OtherExpensesGrp/ProgramServicesAmt21877
IRS990/OtherExpensesGrp/ProgramServicesAmt3300
IRS990/OtherExpensesGrp/TotalAmt010654
IRS990/OtherExpensesGrp/TotalAmt12550
IRS990/OtherExpensesGrp/TotalAmt21877
IRS990/OtherExpensesGrp/TotalAmt3707
IRS990/OtherLiabilitiesGrp/BOYAmt03262000
IRS990/OtherLiabilitiesGrp/EOYAmt03262000
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt050544
IRS990/PaymentsToAffiliatesGrp/TotalAmt050544
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01306
IRS990/PrincipalOfficerNm0TOM ALVIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt051515
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt099
IRS990/PYOtherExpensesAmt0175703
IRS990/PYOtherRevenueAmt059621
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-64468
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0175703
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0111235
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-79447
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt058624
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt058624
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075696
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt054948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0216869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt058749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt059720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt062610
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt059349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0112032
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0352460
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38090
IRS990ScheduleA/PublicSupportPY170Pct00.38950
IRS990ScheduleA/PublicSupportTotal170Amt0216869
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053765
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051515
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt054948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0216869
IRS990ScheduleA/TotalSupportAmt0569329
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02722540
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0549276
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03271816
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0191961
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0317000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0317000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08509
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013774
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022283
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03262000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE - US DEPT. OF HOUSING
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0112514
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS A PICTURE OF RICHARD W. WOLFE, THE FATHER OF THE CHAIRMAN OF THE BOARD (TO WHICH THE APARTMENT COMPLEX IS NAMED), WHICH HANGS IN THE ENTRANCE WAY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DUNSON SCHOOL REDEVELOPMENT CORPORATION COLLECTS RENT SECURITY DEPOSITS AND KEEPS THEM IN A SEPARATE INTEREST BEARING ACCOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PART X, LINE 2: NEITHER THE PROJECT NOR ITS NON-PROFIT CORPORATE OWNER IS SUBJECT TO INCOME TAXES. THE PROJECT HAS ADOPTED THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) INCOME TAX TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE PRESCRIBES A COMPREHENSIVE MODEL FOR HOW A COMPANY SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE COMPANY HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE ORGANIZATION ADOPTED ASC 340-10 AS OF JULY 1, 2009 AND, THEREAFTER, RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSIITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. THERE WAS NO IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS AS A RESULT OF THE IMPLEMENTATION OF ASC 740-10.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03048049
IRS990ScheduleD/TotalExpensesPerForm990Amt0191961
IRS990ScheduleD/TotalLiabilityAmt03262000
IRS990ScheduleD/TotalRevenuePerForm990Amt0112514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0112514
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0191961
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD RECEIVES A COPY OF THE FORM 990 BY E-MAIL FOR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS RELIES ON THE ACCOUNTING STAFF OF ITS RELATED PARTY (D.A.S.H. FOR LAGRANGE, INC.) TO PREPARE AND RECORD TRANSACTIONS. FINANCIAL STATEMENTS ARE THEN PREPARED AND SUBMITTED TO THE ORGANIZATION'S CHAIRMAN ON A MONTHLY BASIS. THE BOARD OF DIRECTORS OF THE ORGANIZATION TAKES RESPONSIBILITY IN OVERSEEING THE ANNUAL AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITORS. THE PROCESS AND PROCEDURES IN PLACE HAVE NOT CHANGED OVER THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03210134
IRS990/TotalAssetsEOYAmt03131976
IRS990/TotalAssetsGrp/BOYAmt03210134
IRS990/TotalAssetsGrp/EOYAmt03131976
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt053765
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016786
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175175
IRS990/TotalFunctionalExpensesGrp/TotalAmt0191961
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03339986
IRS990/TotalLiabilitiesEOYAmt03341275
IRS990/TotalLiabilitiesGrp/BOYAmt03339986
IRS990/TotalLiabilitiesGrp/EOYAmt03341275
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-129852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-209299
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0175175
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0112514
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03210134
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03131976
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03317
IRS990/TravelGrp/TotalAmt03317
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-139852
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-219299
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101200 4TH AVENUE
IRS990/USAddress/City0LAGRANGE
IRS990/USAddress/State0GA
IRS990/USAddress/ZIPCode030240
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM ALVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum07062980221
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10DUNSON SCHOOL REDEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DUNS
ReturnHeader/Filer/EIN0203092853
ReturnHeader/Filer/PhoneNum07062980221
ReturnHeader/Filer/USAddress/AddressLine101200 4TH AVENUE
ReturnHeader/Filer/USAddress/City0LAGRANGE
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271490692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FROST CUMMINGS TIDWELL GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102001 PARK PLACE NORTH SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode035203
ReturnHeader/PreparerPersonGrp/PhoneNum02058221010
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL T MCDOWELL
ReturnHeader/ReturnTs02014-11-14T11:50:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,131,976
Liabilities
$3,341,275
Net assets
-$209,299
Revenue
$112,514
Expenses
$191,961
Net income
-$79,447
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$3.33$0.78$0.39$0.22$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.68$3.63$0.95$0.14$0.23$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.46$3.32$0.86$0.17$0.27$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.55$3.32$0.76$0.15$0.23$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.63$3.31$0.68$0.15$0.21$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.70$3.32$0.62$0.12$0.21$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.83$3.36$0.53$0.13$0.20$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.91$3.37$0.46$0.11$0.20$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.98$3.36$0.37$0.11$0.20$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.06$3.34$0.29$0.11$0.19$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.13$3.34$0.21$0.11$0.19$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$3.34$0.13$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$3.35$0.07$0.18
2011Summary only. Only limited summary data is available for this year.$3.37$3.37$0.00$0.11$0.19$0.08