Civic Intelligence

Edison Terrace West

990 • Fiscal year 2015 • EIN 20-5057014

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 21, 2015

Refreshing map…

520 North Edison StreetKennewick, WA 99336

(509) 375-6074

Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.11x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

6th percentile

-49%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

35th percentile

-2.3%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

0.3%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,187,256

Down $97,474 (-2.3%) from 2014

Net Assets

Down

$4,164,631

Down $99,491 (-2.3%) from 2014

Liabilities

Up

$22,625

Up $2,017 (+9.8%) from 2014

Revenue

Up

$201,033

Up $613 (+0.3%) from 2014

Expenses

Up

$300,524

Up $2,716 (+0.9%) from 2014

Net Income

Down

-$99,491

Down $2,103 (-2.2%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,568,762Liabilities 2011: $21,802Net Assets 2011: $4,546,9602011Assets 2012: $4,470,488Liabilities 2012: $19,580Net Assets 2012: $4,450,9082012Assets 2013: $4,381,949Liabilities 2013: $20,439Net Assets 2013: $4,361,5102013Assets 2014: $4,284,730Liabilities 2014: $20,608Net Assets 2014: $4,264,1222014Assets 2015: $4,187,256Liabilities 2015: $22,625Net Assets 2015: $4,164,6312015Assets 2016: $4,082,655Liabilities 2016: $21,471Net Assets 2016: $4,061,1842016Assets 2017: $3,954,366Liabilities 2017: $20,584Net Assets 2017: $3,933,7822017Assets 2018: $3,842,542Liabilities 2018: $31,192Net Assets 2018: $3,811,3502018Assets 2019: $3,742,540Liabilities 2019: $23,527Net Assets 2019: $3,719,0132019Assets 2020: $3,652,356Liabilities 2020: $33,283Net Assets 2020: $3,619,0732020Assets 2021: $3,540,121Liabilities 2021: $30,960Net Assets 2021: $3,509,1612021Assets 2022: $3,432,201Liabilities 2022: $24,000Net Assets 2022: $3,408,2012022Assets 2023: $3,314,707Liabilities 2023: $27,018Net Assets 2023: $3,287,6892023Assets 2024: $3,205,444Liabilities 2024: $29,789Net Assets 2024: $3,175,6552024Assets 2025: $3,584,435Liabilities 2025: $25,756Net Assets 2025: $3,558,6792025

Highlighted filing

2015

Assets$4,187,256
Liabilities$22,625
Net Assets$4,164,631

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $296,7212011Expenses 2012: $294,7462012Expenses 2013: $290,3202013Revenue 2014: $200,420Expenses 2014: $297,808Net Income 2014: -$97,3882014Revenue 2015: $201,033Expenses 2015: $300,524Net Income 2015: -$99,4912015Revenue 2016: $202,335Expenses 2016: $305,782Net Income 2016: -$103,4472016Revenue 2017: $201,629Expenses 2017: $329,031Net Income 2017: -$127,4022017Revenue 2018: $208,241Expenses 2018: $330,673Net Income 2018: -$122,4322018Revenue 2019: $230,708Expenses 2019: $323,045Net Income 2019: -$92,3372019Revenue 2020: $235,040Expenses 2020: $334,980Net Income 2020: -$99,9402020Revenue 2021: $237,108Expenses 2021: $347,020Net Income 2021: -$109,9122021Revenue 2022: $250,449Expenses 2022: $351,409Net Income 2022: -$100,9602022Revenue 2023: $274,701Expenses 2023: $395,213Net Income 2023: -$120,5122023Revenue 2024: $290,936Expenses 2024: $402,970Net Income 2024: -$112,0342024Revenue 2025: $809,998Expenses 2025: $471,678Net Income 2025: $338,3202025

Highlighted filing

2015

Revenue$201,033
Expenses$300,524
Net Income-$99,491
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 21, 2015
Return Version
2014v5.0
Gross Receipts
$201,033
Mission and Program Overview

Mission

To aquire and operate a 45 unit apartment complex to provide low income housing and services for seniors

To aquire and operate a 45 unit apartment complex to provide low income housing and services for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,122,482$3,979,956▼ $142,526
Cash and Non-Interest-Bearing Accounts$14,474$9,993▼ $4,481
Prepaid Expenses and Deferred Charges$7,591$7,972▲ $381
Accounts Receivable$400$621▲ $221
Total Assets$4,284,730$4,187,256▼ $97,474
Other Assets Total$139,783$188,714▲ $48,931
Liabilities
Other Liabilities$12,951$13,896▲ $945
Accounts Payable and Accrued Expenses$6,607$6,187▼ $420
Deferred Revenue$1,050$2,542▲ $1,492
Total Liabilities$20,608$22,625▲ $2,017
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,816,695$4,816,695→ $0
Unrestricted Net Assets$-552,573$-652,064▼ $99,491
Total Net Assets Fund Balance$4,264,122$4,164,631▼ $99,491
Total Liabilities and Net Assets / Fund Balance$4,284,730$4,187,256▼ $97,474

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,768,980$789,084$4,558,064
Land$194,631-$194,631
Equipment$16,345$34,617$50,962
Compensation and Service Providers

Board Members and Trustees

NameTitle
W Richard BarchetPresident
Carol GustafsonVice President
Dee WatrousDirector
Rev Janet GriffinDirector
Warner BlyckertDirector
John D WatrousSecretary
Allen HaffnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$57,646
Program Service Revenue
$143,032
Investment Income
$355
Other Revenue
$0
Change in Net Assets
$-99,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$201,033
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$201,033
Total Revenue per Form 990
$201,033
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,524
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$121,020--$121,020
Fees for Services Management$23,231--$23,231
Other Expenses$18,778--$18,778
Fees for Services Accounting$5,500--$5,500
Advertising$1,211--$1,211
Total Functional Expenses$300,524$0$0$300,524

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$300,524
Total Expenses per Audited Statements$300,524
Total Expenses per Form 990$300,524
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
Tenant Security Deposit Liability$13,896
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
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 A, Line 2

John watrous and dee watrous are husband and wife.

Form 990, Part VI, Section B, Line 11

The president and treasurer review the return prior to filing. The board reviews a draft of the return when available.

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

The board members act on the conflicts of interest policy at the first board meeting after the annual meeting each year.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public by request from the organization.

Filing and Contact Details

Filer

Filer Name
Edison Terrace West
EIN
20-5057014
Phone
5093756074
Address
520 NORTH EDISON STREET, KENNEWICK, WA 99336

Signing Officer

Name
W Richard Barchet
Title
President
Phone
5093756074
Signed
2015-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Richard Barchet
Formed
2006
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Schoedel & Schoedel Cpas Pllc
Address
422 W RIVERSIDE AVE STE 1420, SPOKANE, WA 99201-0395
Preparer
Darcy a Skjothaug CPA
Phone
5097472158
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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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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03768980
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0789084
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04558064
IRS990ScheduleD/EquipmentGrp/BookValueAmt016345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050962
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0300524
IRS990ScheduleD/LandGrp/BookValueAmt0194631
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0194631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013896
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0201033
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03979956
IRS990ScheduleD/TotalExpensesPerForm990Amt0300524
IRS990ScheduleD/TotalLiabilityAmt013896
IRS990ScheduleD/TotalRevenuePerForm990Amt0201033
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0201033
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0300524
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN WATROUS AND DEE WATROUS ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND TREASURER REVIEW THE RETURN PRIOR TO FILING. THE BOARD REVIEWS A DRAFT OF THE RETURN WHEN AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ACT ON THE CONFLICTS OF INTEREST POLICY AT THE FIRST BOARD MEETING AFTER THE ANNUAL MEETING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
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/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRI-CITIES TERRACE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SHALOM ECUMENICAL CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2EDISON TERRACE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0331107186
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1911763196
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2264362933
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0454 GAGE BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1901 VAN GIESEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2524 NORTH EDISON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RICHLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1RICHLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2KENNEWICK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd099354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd199354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd299336
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04816695
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04816695
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04284730
IRS990/TotalAssetsEOYAmt04187256
IRS990/TotalAssetsGrp/BOYAmt04284730
IRS990/TotalAssetsGrp/EOYAmt04187256
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt057646
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0300524
IRS990/TotalFunctionalExpensesGrp/TotalAmt0300524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020608
IRS990/TotalLiabilitiesEOYAmt022625
IRS990/TotalLiabilitiesGrp/BOYAmt020608
IRS990/TotalLiabilitiesGrp/EOYAmt022625
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04264122
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04164631
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0300524
IRS990/TotalProgramServiceRevenueAmt0143032
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0355
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0143032
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0201033
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04284730
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04187256
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-552573
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-652064
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0520 NORTH EDISON STREET
IRS990/USAddress/CityNm0KENNEWICK
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd099336
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.03$3.56$0.81$0.47$0.34
2024Summary only. Only limited summary data is available for this year.$3.21$0.03$3.18$0.29$0.40$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.03$3.29$0.27$0.40$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.02$3.41$0.25$0.35$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$0.03$3.51$0.24$0.35$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$0.03$3.62$0.24$0.33$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.02$3.72$0.23$0.32$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.03$3.81$0.21$0.33$0.12
2017Summary only. Only limited summary data is available for this year.$3.95$0.02$3.93$0.20$0.33$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.08$0.02$4.06$0.20$0.31$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.19$0.02$4.16$0.20$0.30$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.28$0.02$4.26$0.20$0.30$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.02$4.36$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$0.02$4.45$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$0.02$4.55$0.30