Civic Intelligence

Athens Housing Ventures Fund Inc

EIN 20-4544790 • 501(c)4 • Athens, GA

Profile

Low to moderate income housing

300 S Rocksprings StreetAthens, GA 30606

n/A

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$188,458

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

94th percentile

81%

Faster asset growth than 94% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

3064%

Faster revenue growth than 99% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,956,731

Up $2,221,764 (+81%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$4,956,731

Up $2,221,764 (+81%) from 2023

Revenue

Up

$2,223,764

Up $2,153,488 (+3064%) from 2023

Expenses

Down

$2,000

Down $605 (-23%) from 2023

Net Income

Up

$2,221,764

Up $2,154,093 (+3183%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $997,841Liabilities 2011: $0Net Assets 2011: $997,8412011Assets 2012: $1,474,834Liabilities 2012: $0Net Assets 2012: $1,474,8342012Assets 2013: $1,478,975Liabilities 2013: $1,786Net Assets 2013: $1,477,1892013Assets 2014: $2,049,254Liabilities 2014: $63,232Net Assets 2014: $1,986,0222014Assets 2015: $1,584,259Liabilities 2015: $0Net Assets 2015: $1,584,2592015Assets 2016: $688,184Liabilities 2016: $0Net Assets 2016: $688,1842016Assets 2017: $579,530Liabilities 2017: $0Net Assets 2017: $579,5302017Assets 2018: $576,802Liabilities 2018: $0Net Assets 2018: $576,8022018Assets 2019: $674,068Liabilities 2019: $0Net Assets 2019: $674,0682019Assets 2020: $673,028Liabilities 2020: $0Net Assets 2020: $673,0282020Assets 2021: $869,912Liabilities 2021: $0Net Assets 2021: $869,9122021Assets 2022: $4,867,296Liabilities 2022: $0Net Assets 2022: $4,867,2962022Assets 2023: $2,734,967Liabilities 2023: $0Net Assets 2023: $2,734,9672023Assets 2024: $4,956,731Liabilities 2024: $0Net Assets 2024: $4,956,7312024

Highlighted filing

2024

Assets$4,956,731
Liabilities$0
Net Assets$4,956,731

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $849,3502011Expenses 2012: $2,2252012Expenses 2013: $4,0502013Revenue 2014: $1,136,074Expenses 2014: $627,241Net Income 2014: $508,8332014Revenue 2015: $546Expenses 2015: $402,309Net Income 2015: -$401,7632015Revenue 2016: $0Expenses 2016: $896,075Net Income 2016: -$896,0752016Revenue 2017: $0Expenses 2017: $108,654Net Income 2017: -$108,6542017Revenue 2018: $0Expenses 2018: $2,728Net Income 2018: -$2,7282018Revenue 2019: $100,000Expenses 2019: $2,734Net Income 2019: $97,2662019Revenue 2020: $2,307Expenses 2020: $3,347Net Income 2020: -$1,0402020Revenue 2021: $200,347Expenses 2021: $3,463Net Income 2021: $196,8842021Revenue 2022: $4,000,000Expenses 2022: $2,616Net Income 2022: $3,997,3842022Revenue 2023: $70,276Expenses 2023: $2,605Net Income 2023: $67,6712023Revenue 2024: $2,223,764Expenses 2024: $2,000Net Income 2024: $2,221,7642024

Highlighted filing

2024

Revenue$2,223,764
Expenses$2,000
Net Income$2,221,764

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$2.22$0.00$2.22
2023Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$0.07$0.00$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$4.00$0.00$4.00
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.20$0.00$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.10$0.00$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.11$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.00$0.90$0.90
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.00$0.40$0.40
2014Detailed filing. Detailed filing data is available for this year.$2.05$0.06$1.99$1.14$0.63$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.00$1.48$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$1.00$0.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 7, 2025
Return Version
2023v6.0
Gross Receipts
$2,223,764
Mission and Program Overview

Mission

Low to moderate income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,734,064$2,875,255▲ $141,191
Savings and Temporary Cash Investments-$2,080,573-
Prepaid Expenses and Deferred Charges$903$903→ $0
Total Assets$2,734,967$4,956,731▲ $2,221,764
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,734,967$4,956,731▲ $2,221,764
Total Net Assets Fund Balance$2,734,967$4,956,731▲ $2,221,764
Total Liabilities and Net Assets / Fund Balance$2,734,967$4,956,731▲ $2,221,764
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charlie M MaddoxDirector
Frank Platt JrDirector
Jacqueline AskewDirector
Michele Pearson TuckerDirector
Connie StaudingerFormer CEO
Valdon DanielOfficer/chai
James SmithOfficer/vice
Sheila CrispTreasurer/ce
Revenue and Support

Revenue Composition

Contributions and Grants
$2,200,000
Program Service Revenue
$0
Investment Income
$23,764
Other Revenue
$0
Change in Net Assets
$2,221,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$2,000--$2,000
Total Functional Expenses$2,000$0$0$2,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

A copy is provided to the board prior to filing and the treasurer review and approves the return.

Form 990, Page 6, Part VI, Line 15A

Ceo compensation approved by board with no input from or deliberation with ceo. Comparability study performed periodically to check comparability to similary situated positions.

Form 990, Page 6, Part VI, Line 15B

Comparibility study performed periodically to check comparabiltiy to similarly situated positions.

Form 990, Page 6, Part VI, Line 19

The documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Athens Housing Ventures Fund Inc
EIN
20-4544790
Phone
7064255420
Address
300 S ROCKSPRINGS STREET, ATHENS, GA 30606

Signing Officer

Name
Sheila Crisp
Title
Treasurer/CEO
Phone
7064255420
Signed
2025-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheila Crisp
Formed
2005
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Rector Reeder & Lofton Pc
Address
623 TOM BREWER ROAD, LOGANVILLE, GA 30052-4042
Preparer
Michael K Ozment CPA
Phone
7708798411
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Athens housing authority 0

Raw XML Appendix352 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FORMER CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt2OFFICER/CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt3OFFICER/VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/GrantsToOrganizationsInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY IS PROVIDED TO THE BOARD PRIOR TO FILING AND THE TREASURER REVIEW AND APPROVES THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CEO COMPENSATION APPROVED BY BOARD WITH NO INPUT FROM OR DELIBERATION WITH CEO. COMPARABILITY STUDY PERFORMED PERIODICALLY TO CHECK COMPARABILITY TO SIMILARY SITUATED POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPARIBILITY STUDY PERFORMED PERIODICALLY TO CHECK COMPARABILTIY TO SIMILARLY SITUATED POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ATHENS HOUSING AUTHORITY 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04956731
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023764
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02223764
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02734967
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA CRISP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07064255420
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ATHENS HOUSING VENTURES FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ATHE
ReturnHeader/Filer/EIN0204544790
ReturnHeader/Filer/PhoneNum07064255420
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 S ROCKSPRINGS STREET
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263670494
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RECTOR REEDER & LOFTON PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0623 TOM BREWER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOGANVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300524042
ReturnHeader/PreparerPersonGrp/PhoneNum07708798411
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL K OZMENT CPA
ReturnHeader/ReturnTs02025-05-06T06:13:42-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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