Civic Intelligence

Deneki House Inc.

990 • Fiscal year 2023 • EIN 20-8001449

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 10, 2024

1075 Check Street 102Wasilla, AK 99654

(907) 357-0273

Siviq Scores

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

Liabilities / Assets

98th percentile

1.83x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

34.30x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

3rd percentile

-145%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

28th percentile

-4.2%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-33%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$890,964

Down $38,591 (-4.2%) from 2022

Net Assets

Down

-$740,303

Down $89,950 (-14%) from 2022

Liabilities

Up

$1,631,267

Up $51,359 (+3.3%) from 2022

Revenue

Down

$47,563

Down $23,682 (-33%) from 2022

Expenses

Down

$116,346

Down $34,236 (-23%) from 2022

Net Income

Up

-$68,783

Up $10,554 (+13%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,691,449Liabilities 2011: $12,314Net Assets 2011: $1,679,1352011Assets 2012: $1,608,700Liabilities 2012: $12,302Net Assets 2012: $1,596,3982012Assets 2013: $1,539,089Liabilities 2013: $7,755Net Assets 2013: $1,531,3342013Assets 2014: $1,480,987Liabilities 2014: $20,647Net Assets 2014: $1,460,3402014Assets 2015: $1,413,634Liabilities 2015: $32,097Net Assets 2015: $1,381,5372015Assets 2016: $1,335,855Liabilities 2016: $25,773Net Assets 2016: $1,310,0822016Assets 2017: $1,263,531Liabilities 2017: $35,608Net Assets 2017: $1,227,9232017Assets 2018: $1,193,470Liabilities 2018: $49,933Net Assets 2018: $1,143,5372018Assets 2019: $1,127,069Liabilities 2019: $1,561,915Net Assets 2019: -$434,8462019Assets 2020: $1,064,728Liabilities 2020: $1,571,298Net Assets 2020: -$506,5702020Assets 2021: $1,001,499Liabilities 2021: $1,572,515Net Assets 2021: -$571,0162021Assets 2022: $929,555Liabilities 2022: $1,579,908Net Assets 2022: -$650,3532022Assets 2023: $890,964Liabilities 2023: $1,631,267Net Assets 2023: -$740,3032023Assets 2024: $773,539Liabilities 2024: $1,612,148Net Assets 2024: -$838,6092024

Highlighted filing

2023

Assets$890,964
Liabilities$1,631,267
Net Assets-$740,303

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $57,981Expenses 2011: $144,985Net Income 2011: -$87,0042011Revenue 2012: $70,175Expenses 2012: $152,912Net Income 2012: -$82,7372012Revenue 2013: $91,421Expenses 2013: $156,485Net Income 2013: -$65,0642013Revenue 2014: $82,388Expenses 2014: $153,382Net Income 2014: -$70,9942014Revenue 2015: $75,800Expenses 2015: $154,603Net Income 2015: -$78,8032015Revenue 2016: $74,428Expenses 2016: $145,883Net Income 2016: -$71,4552016Revenue 2017: $69,823Expenses 2017: $151,982Net Income 2017: -$82,1592017Revenue 2018: $64,631Expenses 2018: $149,017Net Income 2018: -$84,3862018Revenue 2019: $73,761Expenses 2019: $136,444Net Income 2019: -$62,6832019Revenue 2020: $64,572Expenses 2020: $136,296Net Income 2020: -$71,7242020Revenue 2021: $70,915Expenses 2021: $135,360Net Income 2021: -$64,4452021Revenue 2022: $71,245Expenses 2022: $150,582Net Income 2022: -$79,3372022Revenue 2023: $47,563Expenses 2023: $116,346Net Income 2023: -$68,7832023Revenue 2024: $59,494Expenses 2024: $157,800Net Income 2024: -$98,3062024

Highlighted filing

2023

Revenue$47,563
Expenses$116,346
Net Income-$68,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 10, 2024
Return Version
2023v5.1
Gross Receipts
$47,563
Mission and Program Overview

Mission

To operate an 8 unit housing complex for low income disabled individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$846,823$778,197▼ $68,626
Accounts Receivable$2,850$59,626▲ $56,776
Cash and Non-Interest-Bearing Accounts$3,104$1,491▼ $1,613
Prepaid Expenses and Deferred Charges$351$360▲ $9
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$929,555$890,964▼ $38,591
Other Assets Total$76,427$51,290▼ $25,137
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,515,700$1,515,700→ $0
Accounts Payable and Accrued Expenses$61,222$115,567▲ $54,345
Other Liabilities$2,986--
Total Liabilities$1,579,908$1,631,267▲ $51,359
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-650,353$-740,303▼ $89,950
Total Net Assets Fund Balance$-650,353$-740,303▼ $89,950
Total Liabilities and Net Assets / Fund Balance$929,555$890,964▼ $38,591

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$708,697$1,006,946$1,715,643
Equipment-$83,656$83,656
Land$69,500-$69,500
Other Assets Org$1--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Valerie MittelsteadBoard Chair
Russell JoyceVice Chair
Jaime RodriguezDirector
Karen WardDirector
Mark LarsonDirector
Dan OrcuttDirector Financ
John WeaverCEO
Carolyn CovingtonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,422
Program Service Revenue
$0
Investment Income
$72
Other Revenue
$44,069
Change in Net Assets
$-68,783

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,563
Total Revenue per Audited Statements
$47,563
Total Revenue per Form 990
$47,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,437
Salaries, Compensation, and Employee Benefits$9,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$68,626--$68,626
Other Salaries and Wages$522$5,646-$6,168
Insurance$5,081--$5,081
Office Expenses-$3,987-$3,987
All Other Expenses$3,387--$3,387
Other Employee Benefits$2,220--$2,220
Fees for Services Accounting-$1,824-$1,824
Other Expenses$1,732$38-$1,770
Payroll Taxes$1,521--$1,521
Fees for Services Management-$324-$324
Fees for Services Legal-$85-$85
Conferences and Meetings-$80-$80
Advertising-$35-$35
Total Functional Expenses$104,327$12,019$0$116,346

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$116,346
Total Expenses per Audited Statements$116,346
Total Expenses per Form 990$116,346
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
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

Board is given the 990 at the quarterly board meeting for review. Comments are taken/addressed during board meeting. Form 990 is signed for transmittal after all comments are satisfied.

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

A disclosure statement of possible conflicts of interest is addressed annually at the april board meeting. Compliance with this policy is enforced by verbal discussion among the board members. Non-compliance with the policy means dismissal form the board

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Deneki House Inc
EIN
20-8001449
Phone
9073570273
Address
1075 CHECK STREET 102, WASILLA, AK 99654

Signing Officer

Name
John Weaver
Title
CEO
Signed
2024-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Weaver
Formed
2008
Legal Domicile
Ak
Voting Board Members
8
Independent Board Members
9
Employees
0

Preparer

Firm
Brad Cage CPA
Address
18040 HILLCREST DR, EAGLE RIVER, AK 99577
Preparer
Bradley S Cage
Phone
9074446465
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IRS990/PrincipalOfficerNm0JOHN WEAVER
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013993
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IRS990ScheduleA/PublicSupportPY170Pct00.91830
IRS990ScheduleA/PublicSupportTotal170Amt092627
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0708697
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01006946
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01715643
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083656
IRS990ScheduleD/ExpensesSubtotalAmt0116346
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/RevenueSubtotalAmt047563
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0778197
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051290
IRS990ScheduleD/TotalExpensesPerForm990Amt0116346
IRS990ScheduleD/TotalRevenuePerForm990Amt047563
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt047563
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD IS GIVEN THE 990 AT THE QUARTERLY BOARD MEETING FOR REVIEW. COMMENTS ARE TAKEN/ADDRESSED DURING BOARD MEETING. FORM 990 IS SIGNED FOR TRANSMITTAL AFTER ALL COMMENTS ARE SATISFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DISCLOSURE STATEMENT OF POSSIBLE CONFLICTS OF INTEREST IS ADDRESSED ANNUALLY AT THE APRIL BOARD MEETING. COMPLIANCE WITH THIS POLICY IS ENFORCED BY VERBAL DISCUSSION AMONG THE BOARD MEMBERS. NON-COMPLIANCE WITH THE POLICY MEANS DISMISSAL FORM THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS 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 C, Line 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01631267
IRS990/TotalLiabilitiesGrp/BOYAmt01579908
IRS990/TotalLiabilitiesGrp/EOYAmt01631267
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-650353
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt047563
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IRS990/USAddress/AddressLine1Txt01075 CHECK STREET 102
IRS990/USAddress/CityNm0WASILLA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.77$1.61$0.84$0.06$0.16$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.89$1.63$0.74$0.05$0.12$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$1.58$0.65$0.07$0.15$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$1.57$0.57$0.07$0.14$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$1.57$0.51$0.06$0.14$0.07
2019Summary only. Only limited summary data is available for this year.$1.13$1.56$0.43$0.07$0.14$0.06
2018Summary only. Only limited summary data is available for this year.$1.19$0.05$1.14$0.06$0.15$0.08
2017Summary only. Only limited summary data is available for this year.$1.26$0.04$1.23$0.07$0.15$0.08
2016Summary only. Only limited summary data is available for this year.$1.34$0.03$1.31$0.07$0.15$0.07
2015Summary only. Only limited summary data is available for this year.$1.41$0.03$1.38$0.08$0.15$0.08
2014Summary only. Only limited summary data is available for this year.$1.48$0.02$1.46$0.08$0.15$0.07
2013Summary only. Only limited summary data is available for this year.$1.54$0.01$1.53$0.09$0.16$0.07
2012Summary only. Only limited summary data is available for this year.$1.61$0.01$1.60$0.07$0.15$0.08
2011Summary only. Only limited summary data is available for this year.$1.69$0.01$1.68$0.06$0.14$0.09