Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Life Center Association Inc.
990EZ • Fiscal year 2015 • EIN 23-2269581
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.87x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Balance Sheet
Assets
Down$371,797
Down $18,249 (-4.7%) from 2014
Net Assets
Up$49,715
Up $22,290 (+81%) from 2014
Liabilities
Down$322,082
Down $40,539 (-11%) from 2014
Revenue And Expenses
Revenue
Up$186,582
Up $14,839 (+8.6%) from 2014
Expenses
Down$164,595
Down $78,291 (-32%) from 2014
Net Income
Up$21,987
Up $93,130 (+131%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2014 to Sep 30, 2015
- Signed
- Jan 14, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $186,582
Mission and Program Overview
Mission
Provide housing for low and moderate income individuals.
Provide housing for low moderate income individuals
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provide cooperatively owned operated housing on an at-cost basis for a total of 50-55 low to moderate income people at eight properties. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gregory Holt | President | - | $0 | - | - |
| Amy Wilson | Treasurer | - | $0 | - | - |
| Magda Konieczna | Secretary | - | $0 | - | - |
| Karl Wheeler | Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Life Center Association
- EIN
- 23-2269581
- Phone
- 6032965060
- Address
- 4722 Baltimore Ave, Philadelphia, PA 19143
Signing Officer
- Name
- Gregory Holt
- Title
- 11416
- Signed
- 2016-01-14
- Discuss with paid preparer
- No
Preparer
- Firm
- Creative Business Accounting & Tax Service
- Address
- 510 Bainbridge St, Philadelphia, PA 19147
- Preparer
- Tamara Ali Bey
- Phone
- 8884077764
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16, Other Expenses
“Conferences, conventions, and meetings 1,290”
Form 990-EZ, Part I, Line 16, Other Expenses
“Interest 19,946”
Form 990-EZ, Part I, Line 16, Other Expenses
“Supplies 100”
Form 990-EZ, Part I, Line 16, Other Expenses
“bad debt 7,446”
Form 990-EZ, Part I, Line 16, Other Expenses
“Property taxes 30,107”
Form 990-EZ, Part I, Line 16, Other Expenses
“Memberships 250”
Form 990-EZ, Part I, Line 16, Other Expenses
“Insurance 20,973”
Form 990-EZ, Part I, Line 16, Other Expenses
“Licenses permits 461”
Form 990-EZ, Part I, Line 16, Other Expenses
“Depreciation 5,700”
Form 990-EZ, Part I, Line 16, Other Expenses
“Office Expense 327”
Form 990-EZ, Part II, Line 24, Other Assets
“Accounts Receivable Current Assets Beginning of year 9,146, End of year 7,914”
Form 990-EZ, Part II, Line 26, Liabilities
“Accounts Payable Other Current Liabilities Beginning of year 47,705, End of year 17,442”
Form 990-EZ, Part II, Line 26, Liabilities
“Mortgage with North County Cooperative Develoopment Fund Beginning of year 148,812, End of year 143,731”
Form 990-EZ, Part II, Line 26, Liabilities
“Mortgage with TD Bank Beginning of year 81,110, End of year 76,895”
Form 990-EZ, Part II, Line 26, Liabilities
“Loan with North Country Cooperative Development Fund Beginning of year 84,683, End of year 84,014”
Raw XML Appendix166 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Dan Ohlemiller |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2672590464 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4824 Baltimore Ave |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Philadelphia |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19143 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 146331 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 135022 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21987 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9828 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 390038 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 371797 |
| IRS990EZ/GrossReceiptsAmt | 0 | 186582 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 311 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 234561 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 228861 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27728 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 49715 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27728 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 49715 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 68167 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Gregory Holt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Amy Wilson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Magda Konieczna |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Karl Wheeler |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 9146 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7914 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 86600 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide housing for low moderate income individuals |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 186271 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provide cooperatively owned operated housing on an at-cost basis for a total of 50-55 low to moderate income people at eight properties. |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 362310 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 322082 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 164595 |
| IRS990EZ/TotalRevenueAmt | 0 | 186582 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http//www.vortexhouse.org/LCA/history.shtml |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 967 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 870 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 895 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 2732 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 164700 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 147016 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 142711 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 454427 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 967 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 870 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 895 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 2732 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00600 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00650 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99400 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99350 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 454427 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 164700 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 147016 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 142711 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 454427 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 165667 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 147886 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 143606 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 457159 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Conferences, conventions, and meetings 1,290 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest 19,946 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Supplies 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | bad debt 7,446 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Property taxes 30,107 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Memberships 250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Insurance 20,973 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Licenses permits 461 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Depreciation 5,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Office Expense 327 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Receivable Current Assets Beginning of year 9,146, End of year 7,914 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accounts Payable Other Current Liabilities Beginning of year 47,705, End of year 17,442 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Mortgage with North County Cooperative Develoopment Fund Beginning of year 148,812, End of year 143,731 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Mortgage with TD Bank Beginning of year 81,110, End of year 76,895 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Loan with North Country Cooperative Development Fund Beginning of year 84,683, End of year 84,014 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990-EZ, Part II, Line 24, Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990-EZ, Part II, Line 26, Liabilities |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Gregory Holt |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | 11416 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-01-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Life Center Association |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIFE |
| ReturnHeader/Filer/EIN | 0 | 232269581 |
| ReturnHeader/Filer/PhoneNum | 0 | 6032965060 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4722 Baltimore Ave |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Philadelphia |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19143 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Creative Business Accounting & Tax Service |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 510 Bainbridge St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Philadelphia |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 19147 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8884077764 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-02-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Tamara Ali Bey |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-02-28T06:17:05-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-09-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $371,797
- Liabilities
- $322,082
- Net assets
- $49,715
- Revenue
- $186,582
- Expenses
- $164,595
- Net income
- $21,987