Civic Intelligence

Residential Opportunities Inc

990 • Fiscal year 2016 • EIN 22-2959097

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 20, 2017

23 Cataract Ave Suite 1Dover, NH 03820

(603) 436-2014

Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.74x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

35th percentile

-2.3%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$89,358

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 37.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

40th percentile

-2.3%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$259,809

Down $6,205 (-2.3%) from 2015

Net Assets

Down

$84,132

Down $5,591 (-6.2%) from 2015

Liabilities

Down

$175,677

Down $614 (-0.3%) from 2015

Revenue

Down

$238,605

Down $33,839 (-12%) from 2015

Expenses

Up

$244,196

Up $2,476 (+1.0%) from 2015

Net Income

Down

-$5,591

Down $36,315 (-118%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $338,146Liabilities 2011: $216,855Net Assets 2011: $121,2912011Assets 2012: $372,274Liabilities 2012: $238,574Net Assets 2012: $133,7002012Assets 2013: $394,499Liabilities 2013: $182,858Net Assets 2013: $211,6412013Assets 2014: $427,695Liabilities 2014: $209,413Net Assets 2014: $218,2822014Assets 2015: $266,014Liabilities 2015: $176,291Net Assets 2015: $89,7232015Assets 2016: $259,809Liabilities 2016: $175,677Net Assets 2016: $84,1322016Assets 2017: $229,834Liabilities 2017: $196,712Net Assets 2017: $33,1222017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$259,809
Liabilities$175,677
Net Assets$84,132

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $215,6852011Expenses 2012: $223,3362012Expenses 2013: $206,3522013Revenue 2014: $237,039Expenses 2014: $230,397Net Income 2014: $6,6422014Revenue 2015: $272,444Expenses 2015: $241,720Net Income 2015: $30,7242015Revenue 2016: $238,605Expenses 2016: $244,196Net Income 2016: -$5,5912016Revenue 2017: $232,717Expenses 2017: $283,727Net Income 2017: -$51,0102017Revenue 2018: $339,248Expenses 2018: $186,696Net Income 2018: $152,5522018

Highlighted filing

2016

Revenue$238,605
Expenses$244,196
Net Income-$5,591
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 20, 2017
Return Version
2015v3.0
Gross Receipts
$238,605
Mission and Program Overview

Mission

Housing for adults with developmental disabiliities.

Housing for adults with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,986$247,328▲ $23,342
Cash and Non-Interest-Bearing Accounts$37,001$12,023▼ $24,978
Accounts Receivable$4,580$458▼ $4,122
Prepaid Expenses and Deferred Charges$447--
Total Assets$266,014$259,809▼ $6,205
Liabilities
Mortgage Notes Payable Secured by Investment Property$164,252$159,101▼ $5,151
Other Liabilities$1,146$16,576▲ $15,430
Accounts Payable and Accrued Expenses$10,893--
Total Liabilities$176,291$175,677▼ $614
Net Assets / Fund Balance
Unrestricted Net Assets$89,723$84,132▼ $5,591
Total Net Assets Fund Balance$89,723$84,132▼ $5,591
Total Liabilities and Net Assets / Fund Balance$266,014$259,809▼ $6,205

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$217,516$243,974-
Land$29,812--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$164,310-▼ $4,632-$159,678
2014$198,856-▼ $34,546-$164,310
2013$198,856---$198,856
2012$198,231-▲ $625-$198,856
2011$200,568-▼ $2,338-$198,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dawn LewisExecutive DirectorFT$89,358$89,358
Pam CurrieDirector of FinanceFT$82,299$82,299

Board Members and Trustees

NameTitle
Jamie BrewerCo-chairperson
Tony AnniCo-chairperson
Erick PottsVice Chairperson
Lou MelloTrustee
Paul KleinmanTrustee
Steve HollandTrustee
Tony TheilleTrustee
Pam LowySecretary
Tim AlthofTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$150
Program Service Revenue
$238,455
Investment Income
$0
Other Revenue
$0
All Other Contributions
$150
Change in Net Assets
$-5,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$238,605
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$238,605
Total Revenue per Form 990
$238,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,023
Other Expenses$104,173
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,226$23,806-$119,032
Occupancy$25,696--$25,696
Depreciation Depletion$16,133--$16,133
Interest$11,966--$11,966
Other Employee Benefits$9,462$2,365-$11,827
Payroll Taxes$9,164--$9,164
Insurance$4,472--$4,472
Travel$3,503--$3,503
Office Expenses$2,616--$2,616
All Other Expenses$1,484--$1,484
Other Expenses$1,137--$1,137
Fees for Services Legal$202--$202
Total Functional Expenses$218,025$26,171$0$244,196

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,196
Total Expenses per Audited Statements$244,196
Total Expenses per Form 990$244,196
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 Related Party$15,466
Accrued Interest$1,110
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

Provided to the full board and reviewed by executive director and director of finance prior to filing.

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

Organization monitors and enforces the written procedures in their policy.

Form 990, Part VI, Section B, Line 15

The board uses comparison data and seeks outside advice as needed.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Residential Opportunities Inc
EIN
22-2959097
Phone
6034362014
Address
23 CATARACT AVE SUITE 1, DOVER, NH 03820

Signing Officer

Name
Dawn M Lewis
Title
Executive Director
Phone
6034362014
Signed
2017-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn M Lewis
Formed
1990
Legal Domicile
Nh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Leone Mcdonnell & Roberts Pa
Address
5 NELSON STREET, DOVER, NH 03820-3714
Preparer
Paula J Deplanche CPA
Phone
6037492700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Management has reviewed the tax positions for the organization under fasb asc 740, "accounting for income taxes", which established the minimum threshold for recognizing, as a system for measuring, the benefits of tax return positions in financial statements. Management has analyzed the organization's tax positions taken on their information returns for all open tax years (tax years ending june 30, 2013 - 2016), and has concluded that no provision for income tax is required in the organization's financial statements.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0218025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0162323
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01052354
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt040453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt061070
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt073592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0210579
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt01262933
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0238455
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0272444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0237024
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0279095
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0235915
IRS990ScheduleA/Total509Grp/TotalAmt01262933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0238455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0272444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0237039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0279132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0235945
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01263015
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0164310
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0159678
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4632
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0198856
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0164310
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-34546
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0198856
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0198856
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0198231
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0198856
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0625
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0200568
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0198230
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2338
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0244196
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt029812
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt029812
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0217516
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0243974
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0461490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0238605
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR THE ORGANIZATION UNDER FASB ASC 740, "ACCOUNTING FOR INCOME TAXES", WHICH ESTABLISHED THE MINIMUM THRESHOLD FOR RECOGNIZING, AS A SYSTEM FOR MEASURING, THE BENEFITS OF TAX RETURN POSITIONS IN FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE ORGANIZATION'S TAX POSITIONS TAKEN ON THEIR INFORMATION RETURNS FOR ALL OPEN TAX YEARS (TAX YEARS ENDING JUNE 30, 2013 - 2016), AND HAS CONCLUDED THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0247328
IRS990ScheduleD/TotalExpensesPerForm990Amt0244196
IRS990ScheduleD/TotalLiabilityAmt016576
IRS990ScheduleD/TotalRevenuePerForm990Amt0238605
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0238605
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244196
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED TO THE FULL BOARD AND REVIEWED BY EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION MONITORS AND ENFORCES THE WRITTEN PROCEDURES IN THEIR POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD USES COMPARISON DATA AND SEEKS OUTSIDE ADVICE AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREAT BAY SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0020242389
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE COMMUNITY INTEGRATION, RESIDENTIAL SERVICES, AND EMPLOYMENT SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt023 CATARACT AVE SUITE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DOVER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd003820
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025696
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1119032

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