Civic Intelligence

Stand Down Housing Inc.

990 • Fiscal year 2018 • EIN 20-8531122

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

1010 Hartford AveJohnston, RI 02919

(401) 383-4730

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.28x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-38%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

33rd percentile

-2.8%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,733,655

Down $49,192 (-2.8%) from 2017

Net Assets

Down

$1,695,573

Down $54,699 (-3.1%) from 2017

Liabilities

Up

$38,082

Up $5,507 (+17%) from 2017

Revenue

Down

$135,160

Down $46,739 (-26%) from 2017

Expenses

Up

$186,708

Up $19,290 (+12%) from 2017

Net Income

Down

-$51,548

Down $66,029 (-456%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,123,729Liabilities 2010: $28,804Net Assets 2010: $2,094,9252010Assets 2011: $2,074,462Liabilities 2011: $25,697Net Assets 2011: $2,048,7652011Assets 2012: $2,026,533Liabilities 2012: $34,840Net Assets 2012: $1,991,6932012Assets 2013: $1,956,165Liabilities 2013: $33,832Net Assets 2013: $1,922,3332013Assets 2014: $1,891,006Liabilities 2014: $36,147Net Assets 2014: $1,854,8592014Assets 2015: $1,854,047Liabilities 2015: $44,680Net Assets 2015: $1,809,3672015Assets 2016: $1,815,809Liabilities 2016: $80,018Net Assets 2016: $1,735,7912016Assets 2017: $1,782,847Liabilities 2017: $32,575Net Assets 2017: $1,750,2722017Assets 2018: $1,733,655Liabilities 2018: $38,082Net Assets 2018: $1,695,5732018Assets 2019: $1,712,874Liabilities 2019: $88,740Net Assets 2019: $1,624,1342019Assets 2020: $1,622,960Liabilities 2020: $64,823Net Assets 2020: $1,558,1372020Assets 2021: $1,587,287Liabilities 2021: $64,693Net Assets 2021: $1,522,5942021Assets 2022: $1,559,468Liabilities 2022: $66,090Net Assets 2022: $1,493,3782022Assets 2023: $1,515,994Liabilities 2023: $100,022Net Assets 2023: $1,415,9722023Assets 2024: $1,478,933Liabilities 2024: $99,895Net Assets 2024: $1,379,0382024

Highlighted filing

2018

Assets$1,733,655
Liabilities$38,082
Net Assets$1,695,573

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $148,7842010Expenses 2011: $165,9102011Expenses 2012: $178,1812012Revenue 2013: $140,139Expenses 2013: $209,499Net Income 2013: -$69,3602013Revenue 2014: $124,593Expenses 2014: $192,067Net Income 2014: -$67,4742014Revenue 2015: $135,808Expenses 2015: $181,300Net Income 2015: -$45,4922015Revenue 2016: $129,267Expenses 2016: $200,973Net Income 2016: -$71,7062016Revenue 2017: $181,899Expenses 2017: $167,418Net Income 2017: $14,4812017Revenue 2018: $135,160Expenses 2018: $186,708Net Income 2018: -$51,5482018Revenue 2019: $136,662Expenses 2019: $208,101Net Income 2019: -$71,4392019Revenue 2020: $127,049Expenses 2020: $193,046Net Income 2020: -$65,9972020Revenue 2021: $137,942Expenses 2021: $173,485Net Income 2021: -$35,5432021Revenue 2022: $157,191Expenses 2022: $186,407Net Income 2022: -$29,2162022Revenue 2023: $156,288Expenses 2023: $233,696Net Income 2023: -$77,4082023Revenue 2024: $171,768Expenses 2024: $208,702Net Income 2024: -$36,9342024

Highlighted filing

2018

Revenue$135,160
Expenses$186,708
Net Income-$51,548
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$135,160
Mission and Program Overview

Mission

Affordable housing for low and moderate income disabled persons under section 811 of the us code.

Affordable housing for low and moderate income disabled persons under section 811 of the us code

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,689,902$1,641,523▼ $48,379
Prepaid Expenses and Deferred Charges$3,644$3,973▲ $329
Accounts Receivable$425$3,829▲ $3,404
Cash and Non-Interest-Bearing Accounts$13,384$2,708▼ $10,676
Total Assets$1,782,847$1,733,655▼ $49,192
Other Assets Total$75,492$81,622▲ $6,130
Liabilities
Accounts Payable and Accrued Expenses$15,415$21,800▲ $6,385
Other Liabilities$17,160$16,282▼ $878
Total Liabilities$32,575$38,082▲ $5,507
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,165,388$2,165,388→ $0
Unrestricted Net Assets$-415,116$-469,815▼ $54,699
Total Net Assets Fund Balance$1,750,272$1,695,573▼ $54,699
Total Liabilities and Net Assets / Fund Balance$1,782,847$1,733,655▼ $49,192

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,405,288$443,406$1,848,694
Land$228,345-$228,345
Equipment$7,890$46,925$54,815
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$135,008
Investment Income
$152
Other Revenue
$0
Change in Net Assets
$-51,548

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,160
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$135,160
Total Revenue per Form 990
$135,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,708
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
Occupancy$93,212--$93,212
Depreciation Depletion$48,379--$48,379
Fees for Services Management$18,548--$18,548
Insurance$13,380--$13,380
Fees for Services Accounting-$11,500-$11,500
Other Expenses$720$969-$720
Total Functional Expenses$174,239$12,469$0$186,708

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$186,708
Total Expenses per Audited Statements$186,708
Total Expenses per Form 990$186,708
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
Due to Sponsor$15,633
Security Deposit Liability$649
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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

The organization uses a management company to maintain the books and manage the property.

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

The corporation's treasurer reviews the return before electronically filing with the irs

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy and financial statements available to the public as it was organized to provide assistance to low income families under section 811 housing program.

Part VI, Line 11

The corporation's treasurer reviews the return before electronically filing with the irs

Filing and Contact Details

Filer

Filer Name
Stand Down Housing Inc
EIN
20-8531122
Phone
4013834730
Address
1010 HARTFORD AVE, JOHNSTON, RI 02919

Signing Officer

Name
Anthony Dequattro
Title
Board President
Phone
4013834730
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Dequattro
Formed
2006
Legal Domicile
Ri
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Restivo Monacelli Llp
Address
36 EXCHANGE TERRACE, PROVIDENCE, RI 02903
Preparer
Bruce a Desrosiers CPA Mst
Phone
4012737600
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The officers are responsible for oversight of the financial statement audit and selection of the independent accounting firm. This process has not changed from prior year.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0135160
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01641523
IRS990ScheduleD/TotalExpensesPerForm990Amt0186708
IRS990ScheduleD/TotalLiabilityAmt016282
IRS990ScheduleD/TotalRevenuePerForm990Amt0135160
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0135160
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0186708
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES A MANAGEMENT COMPANY TO MAINTAIN THE BOOKS AND MANAGE THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION'S TREASURER REVIEWS THE RETURN BEFORE ELECTRONICALLY FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS IT WAS ORGANIZED TO PROVIDE ASSISTANCE TO LOW INCOME FAMILIES UNDER SECTION 811 HOUSING PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OFFICERS ARE RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION'S TREASURER REVIEWS THE RETURN BEFORE ELECTRONICALLY FILING WITH THE IRS
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, LINE 11
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OPERATION STAND DOWN RHODE ISLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1STAND DOWN HOUSING WESTERLY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050475772
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1454927486
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING SERVICES FOR DEVELOPMENTALLY DISABLED CITIZENS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1RESIDENTIAL FACILITY FOR DISABLED PERSONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01010 HARTFORD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11010 HARTFORD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JOHNSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1JOHNSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002919
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102919
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OPERATION STAND DOWN RHODE ISLAND
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02165388
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02165388
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01782847
IRS990/TotalAssetsEOYAmt01733655
IRS990/TotalAssetsGrp/BOYAmt01782847
IRS990/TotalAssetsGrp/EOYAmt01733655
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012469
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0174239
IRS990/TotalFunctionalExpensesGrp/TotalAmt0186708
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032575
IRS990/TotalLiabilitiesEOYAmt038082
IRS990/TotalLiabilitiesGrp/BOYAmt032575
IRS990/TotalLiabilitiesGrp/EOYAmt038082
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01750272
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01695573
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0174239
IRS990/TotalProgramServiceRevenueAmt0135008
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0152
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0135008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0135160
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01782847
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01733655
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-415116
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-469815
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 BALLOU STREET
IRS990/USAddress/CityNm0CUMBERLAND
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002864
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY DEQUATTRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04013834730
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STAND DOWN HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0STAN
ReturnHeader/Filer/EIN0208531122

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.10$1.38$0.17$0.21$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.10$1.42$0.16$0.23$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.07$1.49$0.16$0.19$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.06$1.52$0.14$0.17$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.62$0.06$1.56$0.13$0.19$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.71$0.09$1.62$0.14$0.21$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.73$0.04$1.70$0.14$0.19$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.78$0.03$1.75$0.18$0.17$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.82$0.08$1.74$0.13$0.20$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.04$1.81$0.14$0.18$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.04$1.85$0.12$0.19$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.96$0.03$1.92$0.14$0.21$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.03$1.99$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.03$2.05$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.03$2.09$0.15