Civic Intelligence

Ahi Development Inc C/O Action-Housing Inc

990 • Fiscal year 2017 • EIN 23-2362611

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 23, 2018

611 William Penn Place No 800Pittsburgh, PA 15219

(412) 281-2102

Siviq Scores

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

Liabilities / Assets

86th percentile

0.68x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.75x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,741,578

Up $665,325 (+16%) from 2016

Net Assets

Up

$1,512,531

Up $687,043 (+83%) from 2016

Liabilities

Down

$3,229,047

Down $21,718 (-0.7%) from 2016

Revenue

Up

$4,311,362

Up $583,069 (+16%) from 2016

Expenses

Down

$3,624,319

Down $281 (-0.0%) from 2016

Net Income

Up

$687,043

Up $583,350 (+563%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,681,605Liabilities 2011: $1,307,770Net Assets 2011: $1,373,8352011Assets 2012: $2,952,064Liabilities 2012: $1,821,929Net Assets 2012: $1,130,1352012Assets 2013: $3,204,049Liabilities 2013: $3,020,573Net Assets 2013: $183,4762013Assets 2014: $3,514,954Liabilities 2014: $2,920,646Net Assets 2014: $594,3082014Assets 2015: $4,154,246Liabilities 2015: $3,432,451Net Assets 2015: $721,7952015Assets 2016: $4,076,253Liabilities 2016: $3,250,765Net Assets 2016: $825,4882016Assets 2017: $4,741,578Liabilities 2017: $3,229,047Net Assets 2017: $1,512,5312017Assets 2018: $4,235,809Liabilities 2018: $2,894,908Net Assets 2018: $1,340,9012018Assets 2020: $7,546,587Liabilities 2020: $2,146,772Net Assets 2020: $5,399,8152020Assets 2022: $10,384,591Liabilities 2022: $3,363,551Net Assets 2022: $7,021,0402022Assets 2023: $10,511,777Liabilities 2023: $3,696,716Net Assets 2023: $6,815,0612023

Highlighted filing

2017

Assets$4,741,578
Liabilities$3,229,047
Net Assets$1,512,531

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,408,442Expenses 2011: $3,349,772Net Income 2011: $58,6702011Revenue 2012: $3,412,704Expenses 2012: $3,656,404Net Income 2012: -$243,7002012Expenses 2013: $4,572,7932013Revenue 2014: $3,713,076Expenses 2014: $3,302,244Net Income 2014: $410,8322014Revenue 2015: $3,565,518Expenses 2015: $3,438,031Net Income 2015: $127,4872015Revenue 2016: $3,728,293Expenses 2016: $3,624,600Net Income 2016: $103,6932016Revenue 2017: $4,311,362Expenses 2017: $3,624,319Net Income 2017: $687,0432017Revenue 2018: $3,982,864Expenses 2018: $4,154,494Net Income 2018: -$171,6302018Revenue 2020: $4,261,988Expenses 2020: $4,434,202Net Income 2020: -$172,2142020Revenue 2022: $7,893,571Expenses 2022: $4,646,118Net Income 2022: $3,247,4532022Revenue 2023: $2,843,711Expenses 2023: $3,049,688Net Income 2023: -$205,9772023

Highlighted filing

2017

Revenue$4,311,362
Expenses$3,624,319
Net Income$687,043
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 23, 2018
Return Version
2016v3.0
Gross Receipts
$4,311,362
Mission and Program Overview

Mission

Pursue additional housing development opportunities in joint ventures with private developers and other nonprofit organizations.

HOUSING DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,677,291$3,516,907▲ $839,616
Land, Buildings, and Equipment, Net$120,709$115,359▼ $5,350
Cash and Non-Interest-Bearing Accounts$51,472$111,910▲ $60,438
Investments Other Securities$48,217$48,217→ $0
Other Notes and Loans Receivable, Net$47,000$47,000→ $0
Prepaid Expenses and Deferred Charges$27,272$4,772▼ $22,500
Total Assets$4,076,253$4,741,578▲ $665,325
Other Assets Total$1,104,292$897,413▼ $206,879
Liabilities
Other Liabilities$2,484,579$2,053,286▼ $431,293
Mortgage Notes Payable Secured by Investment Property$587,761$687,956▲ $100,195
Accounts Payable and Accrued Expenses$40,090$349,470▲ $309,380
Deferred Revenue$138,335$138,335→ $0
Total Liabilities$3,250,765$3,229,047▼ $21,718
Net Assets / Fund Balance
Temporarily Rstr Net Assets$641,985$1,241,434▲ $599,449
Unrestricted Net Assets$183,503$271,097▲ $87,594
Total Net Assets Fund Balance$825,488$1,512,531▲ $687,043
Total Liabilities and Net Assets / Fund Balance$4,076,253$4,741,578▲ $665,325

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$113,102$24,575$137,677
Other Land Buildings$0$49,055$49,055
Leasehold Improvements$0$41,566$41,566
Equipment$1,177$8,113$9,290
Land$1,080-$1,080
Other Assets Org$897,413--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rebecca YagoPresident
Lawrence a SwansonVice President
Linda MetropolousVice President
Ron CiottiVice President
Connie BuzaDirector
Dwayne RankinDirector
Frank DemesDirector
Kirk T RysDirector
PAUL D'ALESNDRODirector
John E CapozziSecretary
Ricardo G SavidoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$400,856
Program Service Revenue
$2,634,806
Investment Income
$0
Other Revenue
$1,275,700
Change in Net Assets
$687,043

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,311,362
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,311,362
Total Revenue per Form 990
$4,311,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,904,201
Salaries, Compensation, and Employee Benefits$720,118
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,723,578--$1,723,578
Other Salaries and Wages$401,523--$401,523
Other Employee Benefits$196,545--$196,545
Payroll Taxes$122,050--$122,050
All Other Expenses$99,315$1,343-$100,658
Occupancy$83,917--$83,917
Travel$65,222--$65,222
Other Expenses$33,705$7,333-$33,705
Fees for Services Accounting$8,425$2,675-$11,100
Depreciation Depletion$6,429--$6,429
Conferences and Meetings$5,937$20-$5,957
Fees for Services Legal$592--$592
Total Functional Expenses$3,112,948$511,371$0$3,624,319

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,624,319
Total Expenses per Audited Statements$3,624,319
Total Expenses per Form 990$3,624,319
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
Payable to Affiliates$2,049,527
Tenant Security Deposit Liability$3,759
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

Board reviewed before filed.

Form 990, Part VI, Section B, Line 15

Other key employees reviewed by board & executive director. Executive director reviewed by board.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Ahi Development Inc
EIN
23-2362611
Phone
4122812102
Address
611 WILLIAM PENN PLACE NO 800, PITTSBURGH, PA 15219

Signing Officer

Name
Lawrence a Swanson
Title
Vice President
Phone
4122812102
Signed
2018-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence a Swanson
Formed
1986
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
21
Volunteers
0

Preparer

Firm
Goff Backa Alfera & Company LLC
Address
3325 SAW MILL RUN BLVD SUITE 200, PITTSBURGH, PA 15227-2736
Preparer
Jennifer a Varley CPA
Phone
4128855045
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other: program service expenses 1,723,578. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,723,578.

Form 990, Part XII, Line 2C

The process has not changed since the previous year.

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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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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt137152
IRS990/OtherRevenueTotalAmt01275700
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0401523
IRS990/OtherSalariesAndWagesGrp/TotalAmt0401523
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt047000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt047000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0122050
IRS990/PayrollTaxesGrp/TotalAmt0122050
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027272
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04772
IRS990/PrincipalOfficerNm0LAWRENCE A SWANSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT SERVICE FEE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02622275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02622275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112531
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0781993
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt02894060
IRS990/PYOtherRevenueAmt0310852
IRS990/PYProgramServiceRevenueAmt02635447
IRS990/PYRevenuesLessExpensesAmt0103693
IRS990/PYSalariesCompEmpBnftPaidAmt0730540
IRS990/PYTotalExpensesAmt03624600
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03728293
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0687043
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03910506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0400856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0781993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0198499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0863482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0406730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02651560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0175
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0332
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013221289
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01275700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0310852
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0723029
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0345036
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0371011
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03025628
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46700
IRS990ScheduleA/PublicSupportPY170Pct00.43940
IRS990ScheduleA/PublicSupportTotal170Amt02651560
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0400856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0781993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0198499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0863482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0406730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02651560
IRS990ScheduleA/TotalSupportAmt05677520
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0113102
IRS990ScheduleD/BuildingsGrp/DepreciationAmt024575
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0137677
IRS990ScheduleD/EquipmentGrp/BookValueAmt01177
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08113
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09290
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03624319
IRS990ScheduleD/LandGrp/BookValueAmt01080
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01080
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt041566
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt041566
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0897413
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UNITS HELD FOR RESALE (NET)
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049055
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12049527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYABLE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04311362
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0115359
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0897413
IRS990ScheduleD/TotalExpensesPerForm990Amt03624319
IRS990ScheduleD/TotalLiabilityAmt02053286
IRS990ScheduleD/TotalRevenuePerForm990Amt04311362
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04311362
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03624319
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWED BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER KEY EMPLOYEES REVIEWED BY BOARD & EXECUTIVE DIRECTOR. EXECUTIVE DIRECTOR REVIEWED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER: PROGRAM SERVICE EXPENSES 1,723,578. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,723,578.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED SINCE THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0641985
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01241434
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04076253
IRS990/TotalAssetsEOYAmt04741578
IRS990/TotalAssetsGrp/BOYAmt04076253
IRS990/TotalAssetsGrp/EOYAmt04741578
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0400856
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0511371
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03112948
IRS990/TotalFunctionalExpensesGrp/TotalAmt03624319
IRS990/TotalGrossUBIAmt00

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