Civic Intelligence

Luke Inc

990 • Fiscal year 2017 • EIN 20-3524338

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 12, 2018

Organization ProfileWWW.THEFARMSATBAILEYSTATION.COM
2171 Judicial Dr No 215Germantown, TN 38138

(901) 369-7322

Siviq Scores

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

Liabilities / Assets

97th percentile

1.31x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

521.55x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

1st percentile

-3854%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

296%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$18,029,112

Up $3,097,059 (+21%) from 2016

Net Assets

Down

-$5,643,148

Down $1,749,182 (-45%) from 2016

Liabilities

Up

$23,672,260

Up $4,846,241 (+26%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$45,388

Up $33,928 (+296%) from 2016

Expenses

Down

$1,794,570

Down $49,397 (-2.7%) from 2016

Net Income

Up

-$1,749,182

Up $83,325 (+4.5%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$400M$300M$200M$100M$0-$100MAssets 2010: $5,632,820Liabilities 2010: $5,017,951Net Assets 2010: $614,8692010Assets 2011: $5,946,189Liabilities 2011: $5,419,927Net Assets 2011: $526,2622011Assets 2012: $6,651,619Liabilities 2012: $6,149,112Net Assets 2012: $502,5072012Assets 2013: $8,377,417Liabilities 2013: $8,452,722Net Assets 2013: -$75,3052013Assets 2014: $8,527,262Liabilities 2014: $9,311,187Net Assets 2014: -$783,9252014Assets 2015: $12,789,013Liabilities 2015: $14,850,472Net Assets 2015: -$2,061,4592015Assets 2016: $14,932,053Liabilities 2016: $18,826,019Net Assets 2016: -$3,893,9662016Assets 2017: $18,029,112Liabilities 2017: $23,672,260Net Assets 2017: -$5,643,1482017Assets 2018: $20,609,613Liabilities 2018: $28,165,265Net Assets 2018: -$7,555,6522018Assets 2019: $225,882,584Liabilities 2019: $237,968,925Net Assets 2019: -$12,086,3412019Assets 2020: $240,808,187Liabilities 2020: $254,261,413Net Assets 2020: -$13,453,2262020Assets 2021: $244,355,141Liabilities 2021: $261,793,694Net Assets 2021: -$17,438,5532021Assets 2022: $251,174,126Liabilities 2022: $285,491,537Net Assets 2022: -$34,317,4112022Assets 2023: $248,072,818Liabilities 2023: $298,456,559Net Assets 2023: -$50,383,7412023Assets 2024: $244,258,314Liabilities 2024: $308,907,182Net Assets 2024: -$64,648,8682024

Highlighted filing

2017

Assets$18,029,112
Liabilities$23,672,260
Net Assets-$5,643,148
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $188,8952010Revenue 2011: $0Expenses 2011: $88,607Net Income 2011: -$88,6072011Expenses 2012: $25,1942012Revenue 2013: $4,849Expenses 2013: $582,661Net Income 2013: -$577,8122013Revenue 2014: $7,924Expenses 2014: $716,544Net Income 2014: -$708,6202014Revenue 2015: $5,250Expenses 2015: $1,282,784Net Income 2015: -$1,277,5342015Revenue 2016: $11,460Expenses 2016: $1,843,967Net Income 2016: -$1,832,5072016Revenue 2017: $45,388Expenses 2017: $1,794,570Net Income 2017: -$1,749,1822017Revenue 2018: $203,218Expenses 2018: $2,115,722Net Income 2018: -$1,912,5042018Revenue 2019: $518,318Expenses 2019: $2,352,493Net Income 2019: -$1,834,1752019Revenue 2020: $860,736Expenses 2020: $2,227,621Net Income 2020: -$1,366,8852020Revenue 2021: $1,368,129Expenses 2021: $5,353,456Net Income 2021: -$3,985,3272021Revenue 2022: $9,477,450Expenses 2022: $26,356,308Net Income 2022: -$16,878,8582022Revenue 2023: $23,115,141Expenses 2023: $39,181,471Net Income 2023: -$16,066,3302023Revenue 2024: $27,676,096Expenses 2024: $41,941,223Net Income 2024: -$14,265,1272024

Highlighted filing

2017

Revenue$45,388
Expenses$1,794,570
Net Income-$1,749,182
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 12, 2018
Return Version
2017v2.3
Gross Receipts
$45,388
Mission and Program Overview

Mission

Once it becomes operational, luke, inc. Will be a continuing care retirement community serving residents 55 years of age or older. Luke, inc. Is still in the development stage.

Once it becomes operational, luke, inc. Will be a continuing care retirement community serving residents 55 years of age or older.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,863,899$4,792,538▼ $71,361
Cash and Non-Interest-Bearing Accounts$2,583,013$3,431,090▲ $848,077
Savings and Temporary Cash Investments$341,890$496,561▲ $154,671
Prepaid Expenses and Deferred Charges$3,505$16,837▲ $13,332
Total Assets$14,932,053$18,029,112▲ $3,097,059
Other Assets Total$7,139,746$9,292,086▲ $2,152,340
Liabilities
Other Liabilities$7,996,134$12,874,622▲ $4,878,488
Mortgage Notes Payable Secured by Investment Property$10,435,519$10,435,519→ $0
Accounts Payable and Accrued Expenses$394,366$362,119▼ $32,247
Total Liabilities$18,826,019$23,672,260▲ $4,846,241
Net Assets / Fund Balance
Unrestricted Net Assets$-3,893,966$-5,643,148▼ $1,749,182
Total Net Assets Fund Balance$-3,893,966$-5,643,148▼ $1,749,182
Total Liabilities and Net Assets / Fund Balance$14,932,053$18,029,112▲ $3,097,059

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,817,956-$3,817,956
Buildings$922,343$138,638$1,060,981
Equipment$52,239$46,101$98,340
Other Assets Org$175,802--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Dr James LatimerChairman/director
Rudolf W HerzkePresident
Bill McgaugheyDirector
Cindy CoxDirector
Dr Jon SimpsonDirector
Robert C LanierDirector
Berry TerrySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$45,388
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,749,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,356,846
Salaries, Compensation, and Employee Benefits$437,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$437,724-$437,724
Interest-$430,424-$430,424
Advertising-$194,548-$194,548
All Other Expenses-$90,236-$90,236
Depreciation Depletion-$73,094-$73,094
Other Expenses-$72,266-$72,266
Fees for Services Other-$58,678-$58,678
Travel-$35,757-$35,757
Conferences and Meetings-$19,402-$19,402
Occupancy-$16,915-$16,915
Insurance-$15,452-$15,452
Fees for Services Legal-$14,505-$14,505
Office Expenses-$11,319-$11,319
Information Technology-$6,711-$6,711
Fees for Services Accounting-$532-$532
Total Functional Expenses$0$1,794,570$0$1,794,570
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
Wait List Deposits$8,623,170
Due to Rca, LLC$2,598,587
Due to Psalms, Inc.$1,559,340
Wait List Interest Payable$68,690
Other Accrued Interest$24,835
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section B, Line 11B

“Management is involved throughout the preparation of the form 990. Management then reviews the form 990 and provides a copy to the board of directors for approval.”

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

“The conflict of interest disclosure statements are reviewed by outside counsel.”

Form 990, Part VI, Section B, Line 15

“The organization has no compensated employees.”

Form 990, Part VI, Section C, Line 19

“When the organization becomes operational, all documents will be made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Luke Inc
EIN
20-3524338
Phone
9013697322
Address
2171 JUDICIAL DR NO 215, GERMANTOWN, TN 38138

Signing Officer

Name
Rudolf W Herzke
Title
President
Phone
9013697322
Signed
2018-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rudolf W Herzke
Formed
2005
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Benjamin D Collins
Phone
9017612720
Raw XML AppendixShowing 400 of 442 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/BOYAmt0394366
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0362119
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ONCE IT BECOMES OPERATIONAL, LUKE, INC. WILL BE A CONTINUING CARE RETIREMENT COMMUNITY SERVING RESIDENTS 55 YEARS OF AGE OR OLDER.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0194548
IRS990/AdvertisingGrp/TotalAmt0194548
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt090236
IRS990/AllOtherExpensesGrp/TotalAmt090236
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0TIM COX
IRS990/BooksInCareOfDetail/PhoneNum09017942598
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06465 N QUAIL HOLLOW SUITE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038120
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02583013
IRS990/CashNonInterestBearingGrp/EOYAmt03431090
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt019402
IRS990/ConferencesMeetingsGrp/TotalAmt019402
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01356846
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt045388
IRS990/CYRevenuesLessExpensesAmt0-1749182
IRS990/CYSalariesCompEmpBnftPaidAmt0437724
IRS990/CYTotalExpensesAmt01794570
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt045388
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt073094
IRS990/DepreciationDepletionGrp/TotalAmt073094
IRS990/Desc0LUKE, INC. IS STILL IN THE DEVELOPMENT STAGE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0532
IRS990/FeesForServicesAccountingGrp/TotalAmt0532
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014505
IRS990/FeesForServicesLegalGrp/TotalAmt014505
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt058678
IRS990/FeesForServicesOtherGrp/TotalAmt058678
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/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DR JAMES LATIMER
IRS990/Form990PartVIISectionAGrp/PersonNm1CINDY COX
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL MCGAUGHEY
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT C LANIER
IRS990/Form990PartVIISectionAGrp/PersonNm4DR JON SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm5RUDOLF W HERZKE
IRS990/Form990PartVIISectionAGrp/PersonNm6BERRY TERRY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt045388
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06711
IRS990/InformationTechnologyGrp/TotalAmt06711
IRS990/InsuranceGrp/ManagementAndGeneralAmt015452
IRS990/InsuranceGrp/TotalAmt015452
IRS990/InterestGrp/ManagementAndGeneralAmt0430424
IRS990/InterestGrp/TotalAmt0430424
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0160
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0184739
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04863899
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04792538
IRS990/LandBldgEquipCostOrOtherBssAmt04977277
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ONCE IT BECOMES OPERATIONAL, LUKE, INC. WILL BE A CONTINUING CARE RETIREMENT COMMUNITY SERVING RESIDENTS 55 YEARS OF AGE OR OLDER. LUKE, INC. IS STILL IN THE DEVELOPMENT STAGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010435519
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010435519
IRS990/NetAssetsOrFundBalancesBOYAmt0-3893966
IRS990/NetAssetsOrFundBalancesEOYAmt0-5643148
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016915
IRS990/OccupancyGrp/TotalAmt016915
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011319
IRS990/OfficeExpensesGrp/TotalAmt011319
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07139746
IRS990/OtherAssetsTotalGrp/EOYAmt09292086
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING/PHOTO
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2POSTAGE & FREIGHT
IRS990/OtherExpensesGrp/Desc3GROUNDS MAINTENANCE EXP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0108231
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1105909
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2102867
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt372266
IRS990/OtherExpensesGrp/TotalAmt0108231
IRS990/OtherExpensesGrp/TotalAmt1105909
IRS990/OtherExpensesGrp/TotalAmt2102867
IRS990/OtherExpensesGrp/TotalAmt372266
IRS990/OtherLiabilitiesGrp/BOYAmt07996134
IRS990/OtherLiabilitiesGrp/EOYAmt012874622
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0437724
IRS990/OtherSalariesAndWagesGrp/TotalAmt0437724
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03505
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016837
IRS990/PrincipalOfficerNm0RUDOLF W HERZKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045388
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09960
IRS990/PYOtherExpensesAmt01450740
IRS990/PYOtherRevenueAmt01500
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1832507
IRS990/PYSalariesCompEmpBnftPaidAmt0393227
IRS990/PYTotalExpensesAmt01843967
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011460
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1749182
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0341890
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0496561
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09960
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04474
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01399
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt015833
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt045388
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt05250
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt03450
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt03450
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt059038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09960
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04474
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01399
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt015833
IRS990ScheduleA/InvestmentIncomeCYPct00.21150
IRS990ScheduleA/InvestmentIncomePYPct00.51490
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.78850
IRS990ScheduleA/PublicSupportPY509Pct00.48510
IRS990ScheduleA/PublicSupportTotal509Amt059038
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt045388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03450
IRS990ScheduleA/Total509Grp/TotalAmt059038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt045388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04849
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt074871
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0922343
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0138638
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01060981
IRS990ScheduleD/EquipmentGrp/BookValueAmt052239
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046101
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt098340
IRS990ScheduleD/LandGrp/BookValueAmt03817956
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03817956
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09116284
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1175802
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CAPITALIZED DEVELOPMENT COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LIFE INSURANCE CASH SURRENDER VALUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01559340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12598587
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28623170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt368690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt424835
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO PSALMS, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RCA, LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2WAIT LIST DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3WAIT LIST INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER ACCRUED INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04792538
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09292086
IRS990ScheduleD/TotalLiabilityAmt012874622
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT IS INVOLVED THROUGHOUT THE PREPARATION OF THE FORM 990. MANAGEMENT THEN REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY OUTSIDE COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO COMPENSATED EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN THE ORGANIZATION BECOMES OPERATIONAL, ALL DOCUMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PSALMS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE PATMOS GROUP INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0621106224
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1203817574
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RETIREMENT COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1INACTIVE HOLDING COMPANY OF LUKE, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03535 KIRBY ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12171 JUDICIAL D SUITE 215
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MEMPHIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1GERMANTOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd038115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd138138
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01559340
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PSALMS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014932053
IRS990/TotalAssetsEOYAmt018029112
IRS990/TotalAssetsGrp/BOYAmt014932053
IRS990/TotalAssetsGrp/EOYAmt018029112
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01794570
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01794570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018826019
IRS990/TotalLiabilitiesEOYAmt023672260
IRS990/TotalLiabilitiesGrp/BOYAmt018826019
IRS990/TotalLiabilitiesGrp/EOYAmt023672260
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3893966
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5643148
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt045388
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045388
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt045388
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014932053
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018029112
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt035757
IRS990/TravelGrp/TotalAmt035757
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3893966
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-5643148
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,029,112
Liabilities
$23,672,260
Net assets
-$5,643,148
Revenue
$45,388
Expenses
$1,794,570
Net income
-$1,749,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$244$309$64.6$27.7$41.9$14.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$248$298$50.4$23.1$39.2$16.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$251$285$34.3$9.48$26.4$16.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$244$262$17.4$1.37$5.35$3.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$241$254$13.5$0.86$2.23$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$226$238$12.1$0.52$2.35$1.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$28.2$7.56$0.20$2.12$1.91
2017Detailed filing. Detailed filing data is available for this year.$18.0$23.7$5.64$0.05$1.79$1.75
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$18.8$3.89$0.01$1.84$1.83
2015Detailed filing. Detailed filing data is available for this year.$12.8$14.9$2.06$0.01$1.28$1.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.53$9.31$0.78$0.01$0.72$0.71
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.38$8.45$0.08$0.00$0.58$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$6.15$0.50$0.03
2011Summary only. Only limited summary data is available for this year.$5.95$5.42$0.53$0.00$0.09$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$5.02$0.61$0.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $10M-$25M nonprofits