Civic Intelligence

Birch Apartments Inc.

990 • Fiscal year 2017 • EIN 20-4577267

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 28, 2017

PO Box 1589Benton, AR 72018

(501) 315-3344

Siviq Scores

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

Liabilities / Assets

74th percentile

0.23x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

2.09x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

40th percentile

0.2%

Higher net margin than 40% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

35th percentile

-1.2%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$977,063

Down $11,696 (-1.2%) from 2016

Net Assets

Up

$751,512

Up $208 (+0.0%) from 2016

Liabilities

Down

$225,551

Down $11,904 (-5.0%) from 2016

Revenue

Down

$108,170

Down $1,900 (-1.7%) from 2016

Expenses

Down

$107,962

Down $25,023 (-19%) from 2016

Net Income

Up

$208

Up $23,123 (+101%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,133,017Liabilities 2011: $201,793Net Assets 2011: $931,2242011Assets 2012: $1,102,801Liabilities 2012: $230,664Net Assets 2012: $872,1372012Assets 2013: $1,073,049Liabilities 2013: $271,434Net Assets 2013: $801,6152013Assets 2014: $1,038,158Liabilities 2014: $271,633Net Assets 2014: $766,5252014Assets 2015: $1,023,368Liabilities 2015: $249,149Net Assets 2015: $774,2192015Assets 2016: $988,759Liabilities 2016: $237,455Net Assets 2016: $751,3042016Assets 2017: $977,063Liabilities 2017: $225,551Net Assets 2017: $751,5122017Assets 2018: $951,734Liabilities 2018: $219,805Net Assets 2018: $731,9292018Assets 2019: $940,696Liabilities 2019: $209,076Net Assets 2019: $731,6202019Assets 2020: $921,521Liabilities 2020: $211,814Net Assets 2020: $709,7072020Assets 2021: $902,650Liabilities 2021: $230,005Net Assets 2021: $672,6452021Assets 2022: $878,393Liabilities 2022: $266,136Net Assets 2022: $612,2572022Assets 2023: $861,857Liabilities 2023: $281,854Net Assets 2023: $580,0032023Assets 2024: $836,676Liabilities 2024: $262,250Net Assets 2024: $574,4262024Assets 2025: $809,876Liabilities 2025: $249,005Net Assets 2025: $560,8712025

Highlighted filing

2017

Assets$977,063
Liabilities$225,551
Net Assets$751,512

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $96,1412011Expenses 2012: $105,2012012Expenses 2013: $125,7542013Revenue 2014: $77,450Expenses 2014: $112,540Net Income 2014: -$35,0902014Revenue 2015: $113,353Expenses 2015: $105,659Net Income 2015: $7,6942015Revenue 2016: $110,070Expenses 2016: $132,985Net Income 2016: -$22,9152016Revenue 2017: $108,170Expenses 2017: $107,962Net Income 2017: $2082017Revenue 2018: $111,870Expenses 2018: $131,453Net Income 2018: -$19,5832018Revenue 2019: $120,688Expenses 2019: $120,997Net Income 2019: -$3092019Revenue 2020: $124,499Expenses 2020: $146,412Net Income 2020: -$21,9132020Revenue 2021: $127,832Expenses 2021: $164,894Net Income 2021: -$37,0622021Revenue 2022: $130,757Expenses 2022: $191,145Net Income 2022: -$60,3882022Revenue 2023: $133,610Expenses 2023: $165,864Net Income 2023: -$32,2542023Revenue 2024: $139,040Expenses 2024: $144,617Net Income 2024: -$5,5772024Revenue 2025: $145,619Expenses 2025: $159,174Net Income 2025: -$13,5552025

Highlighted filing

2017

Revenue$108,170
Expenses$107,962
Net Income$208
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 28, 2017
Return Version
2016v3.0
Gross Receipts
$108,170
Mission and Program Overview

Mission

Provide hud housing for mentally disabled

Furnish hud housing for mentally ill patients

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$954,298$933,111▼ $21,187
Cash and Non-Interest-Bearing Accounts$6,756$8,261▲ $1,505
Total Assets$988,759$977,063▼ $11,696
Other Assets Total$27,705$35,691▲ $7,986
Liabilities
Accounts Payable and Accrued Expenses$90,011$114,140▲ $24,129
Unsecured Notes Loans Payable$133,940$97,584▼ $36,356
Other Liabilities$13,504$13,827▲ $323
Total Liabilities$237,455$225,551▼ $11,904
Net Assets / Fund Balance
Unrestricted Net Assets$751,304$751,512▲ $208
Total Net Assets Fund Balance$751,304$751,512▲ $208
Total Liabilities and Net Assets / Fund Balance$988,759$977,063▼ $11,696

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$895,138$272,140$1,167,278
Land$29,978-$29,978
Equipment$7,995$1,099$9,094
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$108,154
Investment Income
$16
Other Revenue
$0
Change in Net Assets
$208

Audited Revenue Reconciliation

Revenue per Audited Statements
$108,170
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$108,170
Total Revenue per Form 990
$108,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,316
Salaries, Compensation, and Employee Benefits$22,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$39,149--$39,149
Depreciation Depletion$29,182--$29,182
Other Salaries and Wages$20,767--$20,767
Fees for Services Accounting$8,184--$8,184
Fees for Services Management-$6,473-$6,473
Office Expenses$2,308--$2,308
Payroll Taxes$1,437--$1,437
Other Employee Benefits$442--$442
Insurance$20--$20
Total Functional Expenses$101,489$6,473$0$107,962

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$107,962
Total Expenses per Audited Statements$107,962
Total Expenses per Form 990$107,962
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
Escrows Payable$9,784
Tenant Security Deposits$4,043
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Birchtree communties, inc.

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

Form 990 will be reviewed by the chief financial officer for the managing organization before filing

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

Reviewed by bod at scheduled meetings.

Form 990, Part VI, Section B, Line 15B

15a: review by bod 15b: set by ceo by consulting outside sources & data.

Form 990, Part VI, Section C, Line 18

Can review documents at home office conference room.

Form 990, Part VI, Section C, Line 19

Governing doc's & financial statements are public information available on request. Conflict of interest policy is for internal review only.

Filing and Contact Details

Filer

Filer Name
Birch Apartments Inc
EIN
20-4577267
Phone
5013153344
Address
PO BOX 1589, BENTON, AR 72018

Signing Officer

Name
Elliott Chester
Title
CFO
Phone
5013153344
Signed
2017-11-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elliott Chester
Formed
2006
Legal Domicile
Ar
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Little Shaneyfelt Marshall & Co Pa
Address
1501 N UNIVERSITY SUITE 600, LITTLE ROCK, AR 72207
Preparer
Jeff Shaneyfelt
Phone
5016662879
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management reviews tax positions annually to determine whether or not there are uncertain tax positions which require measurement, recognition, and disclosure.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055232
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0468576
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0895138
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0272140
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01167278
IRS990ScheduleD/EquipmentGrp/BookValueAmt07995
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01099
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09094
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0107962
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt029978
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt029978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROWS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0108170
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS TAX POSITIONS ANNUALLY TO DETERMINE WHETHER OR NOT THERE ARE UNCERTAIN TAX POSITIONS WHICH REQUIRE MEASUREMENT, RECOGNITION, AND DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0933111
IRS990ScheduleD/TotalExpensesPerForm990Amt0107962
IRS990ScheduleD/TotalLiabilityAmt013827
IRS990ScheduleD/TotalRevenuePerForm990Amt0108170
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0108170
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0107962
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BIRCHTREE COMMUNTIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WILL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER FOR THE MANAGING ORGANIZATION BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOD AT SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt315A: REVIEW BY BOD 15B: SET BY CEO BY CONSULTING OUTSIDE SOURCES & DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAN REVIEW DOCUMENTS AT HOME OFFICE CONFERENCE ROOM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOC'S & FINANCIAL STATEMENTS ARE PUBLIC INFORMATION AVAILABLE ON REQUEST. CONFLICT OF INTEREST POLICY IS FOR INTERNAL REVIEW ONLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0988759
IRS990/TotalAssetsEOYAmt0977063
IRS990/TotalAssetsGrp/BOYAmt0988759
IRS990/TotalAssetsGrp/EOYAmt0977063
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06473
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101489
IRS990/TotalFunctionalExpensesGrp/TotalAmt0107962
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0237455
IRS990/TotalLiabilitiesEOYAmt0225551
IRS990/TotalLiabilitiesGrp/BOYAmt0237455
IRS990/TotalLiabilitiesGrp/EOYAmt0225551
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0751304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0751512
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101489
IRS990/TotalProgramServiceRevenueAmt0108154
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0108170
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0108170
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0988759
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0977063
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0751304
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0751512
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0133940
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt097584
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0BENTON
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072018
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLIOTT CHESTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05013153344
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BIRCH APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BIRC
ReturnHeader/Filer/EIN0204577267
ReturnHeader/Filer/PhoneNum05013153344
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1589
ReturnHeader/Filer/USAddress/CityNm0BENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072018
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09C2A3F14CD12853CB876552F660C6A8A268A0AD8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0747F6A411041AEC571B1F642A6A95EBD154E3204
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.93.51.153
ReturnHeader/FilingSecurityInformation/IPDt02017-11-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:38:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710804806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LITTLE SHANEYFELT MARSHALL & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 N UNIVERSITY SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072207
ReturnHeader/PreparerPersonGrp/PhoneNum05016662879
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF SHANEYFELT
ReturnHeader/ReturnTs02017-12-15T13:34:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.81$0.25$0.56$0.15$0.16$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.26$0.57$0.14$0.14$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.28$0.58$0.13$0.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.27$0.61$0.13$0.19$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.23$0.67$0.13$0.16$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.21$0.71$0.12$0.15$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.21$0.73$0.12$0.12$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.22$0.73$0.11$0.13$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.23$0.75$0.11$0.11$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.24$0.75$0.11$0.13$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.25$0.77$0.11$0.11$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.27$0.77$0.08$0.11$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.27$0.80$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.23$0.87$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.20$0.93$0.10