Civic Intelligence

Mt Carmel Gardens Inc C/O Crm Inc

990 • Fiscal year 2019 • EIN 23-2037803

Jan 01, 2019 to Dec 31, 2019 • Filed on May 08, 2020

36 South Main StreetPleasantville, NJ 08232

(609) 646-8861

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.39x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.53x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

62nd percentile

8.8%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

61st percentile

7.9%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$894,204

Up $65,490 (+7.9%) from 2018

Net Assets

Up

$545,284

Up $57,780 (+12%) from 2018

Liabilities

Up

$348,920

Up $7,710 (+2.3%) from 2018

Revenue

Up

$660,077

Up $17,834 (+2.8%) from 2018

Expenses

Up

$602,297

Up $33,375 (+5.9%) from 2018

Net Income

Down

$57,780

Down $15,541 (-21%) from 2018

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: $914,254Liabilities 2011: $381,924Net Assets 2011: $532,3302011Assets 2012: $832,356Liabilities 2012: $332,500Net Assets 2012: $499,8562012Assets 2013: $753,991Liabilities 2013: $273,449Net Assets 2013: $480,5422013Assets 2014: $673,971Liabilities 2014: $208,456Net Assets 2014: $465,5152014Assets 2015: $652,554Liabilities 2015: $156,963Net Assets 2015: $495,5912015Assets 2016: $703,407Liabilities 2016: $94,105Net Assets 2016: $609,3022016Assets 2017: $755,683Liabilities 2017: $341,500Net Assets 2017: $414,1832017Assets 2018: $828,714Liabilities 2018: $341,210Net Assets 2018: $487,5042018Assets 2019: $894,204Liabilities 2019: $348,920Net Assets 2019: $545,2842019Assets 2020: $1,002,858Liabilities 2020: $365,292Net Assets 2020: $637,5662020Assets 2021: $844,375Liabilities 2021: $65,920Net Assets 2021: $778,4552021Assets 2022: $824,232Liabilities 2022: $112,369Net Assets 2022: $711,8632022Assets 2023: $896,150Liabilities 2023: $86,771Net Assets 2023: $809,3792023Assets 2024: $1,093,649Liabilities 2024: $187,999Net Assets 2024: $905,6502024

Highlighted filing

2019

Assets$894,204
Liabilities$348,920
Net Assets$545,284

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $628,8822011Expenses 2012: $627,1612012Revenue 2013: $598,381Expenses 2013: $617,695Net Income 2013: -$19,3142013Revenue 2014: $610,696Expenses 2014: $625,723Net Income 2014: -$15,0272014Revenue 2015: $634,951Expenses 2015: $604,875Net Income 2015: $30,0762015Revenue 2016: $665,687Expenses 2016: $551,976Net Income 2016: $113,7112016Revenue 2017: $655,639Expenses 2017: $567,915Net Income 2017: $87,7242017Revenue 2018: $642,243Expenses 2018: $568,922Net Income 2018: $73,3212018Revenue 2019: $660,077Expenses 2019: $602,297Net Income 2019: $57,7802019Revenue 2020: $689,006Expenses 2020: $596,724Net Income 2020: $92,2822020Revenue 2021: $724,240Expenses 2021: $583,351Net Income 2021: $140,8892021Revenue 2022: $726,777Expenses 2022: $793,369Net Income 2022: -$66,5922022Revenue 2023: $764,626Expenses 2023: $667,110Net Income 2023: $97,5162023Revenue 2024: $954,649Expenses 2024: $887,160Net Income 2024: $67,4892024

Highlighted filing

2019

Revenue$660,077
Expenses$602,297
Net Income$57,780
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 8, 2020
Return Version
2019v5.1
Gross Receipts
$660,077
Mission and Program Overview

Mission

The organization rents apartments to low income families. The organization receives an interest subsidy from hud under section 236 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$368,497$365,425▼ $3,072
Cash and Non-Interest-Bearing Accounts$311,824$349,916▲ $38,092
Savings and Temporary Cash Investments$12,033$12,277▲ $244
Accounts Receivable$9,402$11,129▲ $1,727
Prepaid Expenses and Deferred Charges$9,006$8,340▼ $666
Total Assets$828,714$894,204▲ $65,490
Other Assets Total$117,952$147,117▲ $29,165
Liabilities
Mortgage Notes Payable Secured by Investment Property$212,000$212,000→ $0
Accounts Payable and Accrued Expenses$111,873$111,909▲ $36
Deferred Revenue$5,304$12,734▲ $7,430
Other Liabilities$12,033$12,277▲ $244
Total Liabilities$341,210$348,920▲ $7,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$487,504$545,284▲ $57,780
Total Net Assets Fund Balance$487,504$545,284▲ $57,780
Total Liabilities and Net Assets / Fund Balance$828,714$894,204▲ $65,490

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$257,129$1,104,862$1,361,991
Buildings$74,282$751,145$825,427
Land$31,200-$31,200
Equipment$2,814$28,338$31,152
Other Assets Org$147,117--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$642,707
Investment Income
$89
Other Revenue
$17,281
Change in Net Assets
$57,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$660,077
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$660,077
Total Revenue per Form 990
$660,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$412,444
Salaries, Compensation, and Employee Benefits$189,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,359$19,559-$140,918
Occupancy$122,071$11,016-$133,087
Depreciation Depletion$44,313--$44,313
Fees for Services Other-$40,857-$40,857
Other Employee Benefits$33,668$4,616-$38,284
Office Expenses$-1,187$23,333-$22,146
Fees for Services Accounting-$19,976-$19,976
Payroll Taxes$9,026$1,625-$10,651
Fees for Services Legal-$6,868-$6,868
Other Expenses$3,240--$3,240
Insurance$3,231--$3,231
Information Technology$2,848--$2,848
Interest$2,120--$2,120
Advertising$2,098--$2,098
Total Functional Expenses$474,447$127,850$0$602,297

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$602,297
Total Expenses per Audited Statements$602,297
Total Expenses per Form 990$602,297
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 Deposits$12,277
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

NO MEETINGS HELD

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

A draft of the tax return is provided to the board members prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes their governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mt Carmel Gardens Inc
EIN
23-2037803
Phone
6096468861
Address
36 SOUTH MAIN STREET, PLEASANTVILLE, NJ 08232

Signing Officer

Name
Reverend Dr Donald D Moore
Title
President
Phone
6096468861
Signed
2020-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reverend Dr Donald D Moo
Formed
1974
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
10
Volunteers
5

Preparer

Firm
Mazars USA Llp
Address
501 OFFICE CENTER DRIVE SUITE 300, FORT WASHINGTON, PA 19034-3201
Preparer
Kirk J Eldridge CPA
Phone
2152591000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has an audit committee who is responsible for the oversight of the organization's financial statement audit and the selection of their independent auditors.

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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/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0307
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt017256
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012639
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt037947
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt062200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt061327
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0191369
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94120
IRS990ScheduleA/PublicSupportPY509Pct00.92590
IRS990ScheduleA/PublicSupportTotal509Amt03066921
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0642732
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0629533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0617640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0603441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0573575
IRS990ScheduleA/Total509Grp/TotalAmt03066921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0660077
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0642243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0655639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0665687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0634951
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03258597
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt074282
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0751145
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0825427
IRS990ScheduleD/EquipmentGrp/BookValueAmt02814
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028338
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031152
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0602297
IRS990ScheduleD/LandGrp/BookValueAmt031200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0257129
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01104862
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01361991
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0147117
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0660077
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365425
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0147117
IRS990ScheduleD/TotalExpensesPerForm990Amt0602297
IRS990ScheduleD/TotalLiabilityAmt012277
IRS990ScheduleD/TotalRevenuePerForm990Amt0660077
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0660077
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0602297
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO MEETINGS HELD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE TAX RETURN IS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS AN AUDIT COMMITTEE WHO IS RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THEIR INDEPENDENT AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0828714
IRS990/TotalAssetsEOYAmt0894204
IRS990/TotalAssetsGrp/BOYAmt0828714
IRS990/TotalAssetsGrp/EOYAmt0894204
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127850
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0474447
IRS990/TotalFunctionalExpensesGrp/TotalAmt0602297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0341210
IRS990/TotalLiabilitiesEOYAmt0348920
IRS990/TotalLiabilitiesGrp/BOYAmt0341210
IRS990/TotalLiabilitiesGrp/EOYAmt0348920
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0487504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0545284
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0474447
IRS990/TotalProgramServiceRevenueAmt0642707
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt017370
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0642707
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0660077
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0828714
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0894204
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05700 RACE STREET
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019139
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0REVEREND DR DONALD D MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06096468861
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MT CARMEL GARDENS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O CRM INC
ReturnHeader/Filer/BusinessNameControlTxt0MTCA
ReturnHeader/Filer/EIN0232037803
ReturnHeader/Filer/PhoneNum06096468861
ReturnHeader/Filer/USAddress/AddressLine1Txt036 SOUTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0PLEASANTVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008232
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07D139C11D61A00A28E555EBE24D2A2E4C6CA08C5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.88.198.164

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.19$0.91$0.95$0.89$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.09$0.81$0.76$0.67$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.11$0.71$0.73$0.79$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.07$0.78$0.72$0.58$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.37$0.64$0.69$0.60$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.35$0.55$0.66$0.60$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.34$0.49$0.64$0.57$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.34$0.41$0.66$0.57$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.09$0.61$0.67$0.55$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.16$0.50$0.63$0.60$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.21$0.47$0.61$0.63$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.75$0.27$0.48$0.60$0.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.33$0.50$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.38$0.53$0.63