Civic Intelligence

Rowan Development Inc

990EZ • Fiscal year 2022 • EIN 23-2787674

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 15, 2023

Organization ProfileN/A
2502 West Cheltenham AvenuePhiladelphia, PA 19150

(215) 927-5010

Siviq Scores

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

Liabilities / Assets

100th percentile

116.30x

Higher debt load relative to assets than 100% of similar nonprofits.

2022 filings • 501(c)2 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

2022 filings • 501(c)2 • <$500k nonprofits • Source year 2022

Asset Growth

9th percentile

-36%

Faster asset growth than 9% of similar nonprofits.

2022 filings • 501(c)2 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)2 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$4,372

Down $2,429 (-36%) from 2021

Net Assets

Down

-$504,095

Down $2,430 (-0.5%) from 2021

Liabilities

Up

$508,467

Up $1 (+0.0%) from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $630,492 (-100%) from 2021

Expenses

Down

$2,430

Down $4,991 (-67%) from 2021

Net Income

Down

-$2,430

Down $625,501 (-100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $5,548,284Liabilities 2010: $595,196Net Assets 2010: $4,953,0882010Assets 2011: $5,349,376Liabilities 2011: $534,415Net Assets 2011: $4,814,9612011Assets 2012: $8,712,241Liabilities 2012: $4,158,764Net Assets 2012: $4,553,4772012Assets 2013: $8,723,355Liabilities 2013: $3,952,878Net Assets 2013: $4,770,4772013Assets 2014: $9,007,240Liabilities 2014: $4,122,488Net Assets 2014: $4,884,7522014Assets 2015: $8,625,221Liabilities 2015: $3,798,130Net Assets 2015: $4,827,0912015Assets 2016: $8,572,316Liabilities 2016: $3,980,061Net Assets 2016: $4,592,2552016Assets 2017: $687,876Liabilities 2017: $3,777,574Net Assets 2017: -$3,089,6982017Assets 2018: $634,547Liabilities 2018: $2,071,391Net Assets 2018: -$1,436,8442018Assets 2019: $546,649Liabilities 2019: $1,522,302Net Assets 2019: -$975,6532019Assets 2020: $14,222Liabilities 2020: $1,138,958Net Assets 2020: -$1,124,7362020Assets 2021: $6,801Liabilities 2021: $508,466Net Assets 2021: -$501,6652021Assets 2022: $4,372Liabilities 2022: $508,467Net Assets 2022: -$504,0952022Assets 2023: $3,964Liabilities 2023: $508,466Net Assets 2023: -$504,5022023Assets 2024: $3,964Liabilities 2024: $508,466Net Assets 2024: -$504,5022024

Highlighted filing

2022

Assets$4,372
Liabilities$508,467
Net Assets-$504,095
Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

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

$5.0M$0-$5.0M-$10MExpenses 2010: $438,4542010Expenses 2011: $1,025,8932011Expenses 2012: $992,7412012Revenue 2013: $911,929Expenses 2013: $694,929Net Income 2013: $217,0002013Revenue 2014: $907,493Expenses 2014: $792,229Net Income 2014: $115,2642014Revenue 2015: $719,992Expenses 2015: $812,788Net Income 2015: -$92,7962015Revenue 2016: $399,395Expenses 2016: $634,231Net Income 2016: -$234,8362016Revenue 2017: -$3,412,257Expenses 2017: $4,269,696Net Income 2017: -$7,681,9532017Revenue 2018: $1,745,808Expenses 2018: $92,954Net Income 2018: $1,652,8542018Revenue 2019: $665,202Expenses 2019: $204,011Net Income 2019: $461,1912019Revenue 2020: $348,000Expenses 2020: $497,083Net Income 2020: -$149,0832020Revenue 2021: $630,492Expenses 2021: $7,421Net Income 2021: $623,0712021Revenue 2022: $0Expenses 2022: $2,430Net Income 2022: -$2,4302022Revenue 2023: $0Expenses 2023: $407Net Income 2023: -$4072023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$0
Expenses$2,430
Net Income-$2,430
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 15, 2023
Return Version
2021v4.2
Gross Receipts
$0
Mission and Program Overview

Mission

Hold title to property and collect income for the benefit of ogontz avenue revitalization corporation, a 501(c)(3)tax exempt organization.

Program Services

DescriptionGrantsExpenses
Hold title to properties rented to nonprofit organizations.-$2,430
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phyllis BensonSecretary-$0--
Kimberly A LLoydPresident-$0--
DEASON MICHAEL BENNETTTreasurer-$0--
Dr Mujahid NyahumaChairman-$0--
Filing and Contact Details

Filer

Filer Name
Rowan Development Inc
EIN
23-2787674
In Care Of
% KIMBERLY LLOYD
Phone
2159275010
Address
2502 West Cheltenham Avenue, Philadelphia, PA 19150

Signing Officer

Name
Kimberly Lloyd
Title
President
Phone
2157540063
Signed
2023-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Eric M Strauss
Phone
2155462140
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:OFFICE EXPENSES Amount:841”

Raw XML Appendix120 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KIMBERLY LLOYD
IRS990EZ/BooksInCareOfDetail/PhoneNum02157540063
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02502 WEST CHELTENHAM AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019150
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06801
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04372
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2430
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01589
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06801
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04372
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-501665
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-504095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-501665
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-504095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Phyllis Benson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kimberly A LLoyd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEASON MICHAEL BENNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dr Mujahid Nyahuma
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0841
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HOLD TITLE TO PROPERTY AND COLLECT INCOME FOR THE BENEFIT OF OGONTZ AVENUE REVITALIZATION CORPORATION, A 501(C)(3)TAX EXEMPT ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hold title to properties rented to nonprofit organizations.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02430
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0508466
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0508467
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02430
IRS990EZ/TotalProgramServiceExpensesAmt02430
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:OFFICE EXPENSES Amount:841
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kimberly Lloyd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02157540063
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Rowan Development Inc
ReturnHeader/Filer/BusinessNameControlTxt0ROWA
ReturnHeader/Filer/EIN0232787674
ReturnHeader/Filer/InCareOfNm0% KIMBERLY LLOYD
ReturnHeader/Filer/PhoneNum02159275010
ReturnHeader/Filer/USAddress/AddressLine1Txt02502 West Cheltenham Avenue
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019150
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WITHUMSMITHBROWN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01835 MARKET STREET SUITE 1710
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0191032945
ReturnHeader/PreparerPersonGrp/PhoneNum02155462140
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC M STRAUSS
ReturnHeader/ReturnTs02023-05-04T08:41:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kimberly
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lloyd
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,372
Liabilities
$508,467
Net assets
-$504,095
Revenue
$0
Expenses
$2,430
Net income
-$2,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.51$0.50$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.51$0.50$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.51$0.50$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.51$0.50$0.63$0.01$0.62
2020Detailed filing. Detailed filing data is available for this year.$0.01$1.14$1.12$0.35$0.50$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.55$1.52$0.98$0.67$0.20$0.46
2018Detailed filing. Detailed filing data is available for this year.$0.63$2.07$1.44$1.75$0.09$1.65
2017Detailed filing. Detailed filing data is available for this year.$0.69$3.78$3.09$3.41$4.27$7.68
2016Detailed filing. Detailed filing data is available for this year.$8.57$3.98$4.59$0.40$0.63$0.23
2015Detailed filing. Detailed filing data is available for this year.$8.63$3.80$4.83$0.72$0.81$0.09
2014Summary only. Only limited summary data is available for this year.$9.01$4.12$4.88$0.91$0.79$0.12
2013Summary only. Only limited summary data is available for this year.$8.72$3.95$4.77$0.91$0.69$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$4.16$4.55$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.53$4.81$1.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.60$4.95$0.44