Civic Intelligence

Farh-Deerfield Affordable Housing Inc

EIN 20-3866388 • 501(c)3

Profile

To provide low income housing for low income tenants.

3330 Cumberland Blvd Suite 90030339

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2013

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Flat

$0

Flat from 2012

Liabilities

Flat

$0

Flat from 2012

Net Assets

Flat

$0

Flat from 2012

Revenue

$0

No earlier filing loaded for comparison.

Expenses

Down

$0

Down $2,400 (-100%) from 2012

Net Income

$0

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $8,390,471Liabilities 2010: $7,883,376Net Assets 2010: $507,0952010Assets 2011: $20,521Liabilities 2011: $29,830Net Assets 2011: -$9,3092011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2013

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $2,549,5502010Expenses 2011: $1,522,4912011Expenses 2012: $2,4002012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013

Highlighted filing

2013

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 4, 2014
Return Version
2013v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide low income housing for low income tenants.

To own and operate low income housing for low income tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph E Thomas IiiPresident/treasurer/direct
Angela S ThomasDirector
Elaine BolickDirector
Michael LopreteDirector
Terence SchwartzDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Joseph e. Thomas, iii and angela thomas are married.

Form 990, Part VI, Section A, Line 6

The organization is a non stock corporation and foundation for affordable rental housing, inc. Is its single member.

Form 990, Part VI, Section A, Line 7A

The organization's member elects the officers of the organization.

Form 990, Part VI, Section A, Line 7B

In accordance with the organization's bylaws, certain transactions require the approval of the organizations single member.

Form 990, Part VI, Section B, Line 11

Form 990 is prepared by hlb gross collins, p.c., an independent certified public accounting firm. Form 990 is then provided to management for their review, approval, and signature. Form 990 is typically electronically filed after management reviews and provides an electronic filing signature document to tax preparer.

Form 990, Part VI, Section C, Line 19

The organization will provide its governing documents, conflict of interest policy, and financial statements available to persons upon request.

Form 990, Part VI, Section A, Line 9

Joseph e. Thomas, iii - 5025 wildeoak trail, douglasville, ga 30135 terence schwartz - 35 montrose road, scarsdale, ny 10583 angela thomas - 5025 wildeoak trail, douglasville, ga 30135 elaine bolick - 603 delphinium boulevard, acworth, ga 30102 michael loprete - 12409 bobbink court, potomac, md 20854

Form 990, Part VII

Joseph e. Thomas, iii - 5025 wildeoak trail, dougasville, ga 30135. Angela s. Thomas - 5025 wildeoak trail, dougasville, ga 30135. Terence schwartz - 35 montrose road, scarsdale, ny 10583. Elaine bolick - 603 delphinium boulevard, acworth, ga 30102. Michael loprete - 12409 bobbink court, potomac, md 20854.

Filing and Contact Details

Filer

EIN
20-3866388
Phone
7704331711

Signing Officer

Name
Joseph E Thomas Iii
Title
President
Phone
7704331711
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph E Thomas Iii
Formed
2005
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Preparer
Cynthia Gibbs
Phone
7704331711
Raw XML AppendixShowing 400 of 449 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOSEPH E. THOMAS, III AND ANGELA THOMAS ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A NON STOCK CORPORATION AND FOUNDATION FOR AFFORDABLE RENTAL HOUSING, INC. IS ITS SINGLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S MEMBER ELECTS THE OFFICERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS, CERTAIN TRANSACTIONS REQUIRE THE APPROVAL OF THE ORGANIZATIONS SINGLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PREPARED BY HLB GROSS COLLINS, P.C., AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. FORM 990 IS THEN PROVIDED TO MANAGEMENT FOR THEIR REVIEW, APPROVAL, AND SIGNATURE. FORM 990 IS TYPICALLY ELECTRONICALLY FILED AFTER MANAGEMENT REVIEWS AND PROVIDES AN ELECTRONIC FILING SIGNATURE DOCUMENT TO TAX PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO PERSONS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6JOSEPH E. THOMAS, III - 5025 WILDEOAK TRAIL, DOUGLASVILLE, GA 30135 TERENCE SCHWARTZ - 35 MONTROSE ROAD, SCARSDALE, NY 10583 ANGELA THOMAS - 5025 WILDEOAK TRAIL, DOUGLASVILLE, GA 30135 ELAINE BOLICK - 603 DELPHINIUM BOULEVARD, ACWORTH, GA 30102 MICHAEL LOPRETE - 12409 BOBBINK COURT, POTOMAC, MD 20854
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7JOSEPH E. THOMAS, III - 5025 WILDEOAK TRAIL, DOUGASVILLE, GA 30135. ANGELA S. THOMAS - 5025 WILDEOAK TRAIL, DOUGASVILLE, GA 30135. TERENCE SCHWARTZ - 35 MONTROSE ROAD, SCARSDALE, NY 10583. ELAINE BOLICK - 603 DELPHINIUM BOULEVARD, ACWORTH, GA 30102. MICHAEL LOPRETE - 12409 BOBBINK COURT, POTOMAC, MD 20854.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION A, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine16FOUNDATION FOR AFFORDABLE HOUSING
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt7TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt8TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt9TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt10TO PROVIDE LOW INCOME HOUSING
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