Civic Intelligence

Ahepa 60 Inc.

990 • Fiscal year 2012 • EIN 23-3087877

Jul 01, 2011 to Jun 30, 2012 • Filed on Dec 18, 2012

1810 South Albert Street18103
Siviq Scores

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

Liabilities / Assets

93rd percentile

1.10x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

34th percentile

-2.4%

Faster asset growth than 34% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$3,486,518

Down $231,048 (-6.2%) from 2010

Net Assets

Down

-$336,576

Down $237,047 (-238%) from 2010

Liabilities

Up

$3,823,094

Up $5,999 (+0.2%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$391,705

Up $44,903 (+13%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $3,717,566Liabilities 2010: $3,817,095Net Assets 2010: -$99,5292010Assets 2012: $3,486,518Liabilities 2012: $3,823,094Net Assets 2012: -$336,5762012Assets 2013: $3,410,708Liabilities 2013: $3,826,865Net Assets 2013: -$416,1572013Assets 2014: $3,305,917Liabilities 2014: $3,835,455Net Assets 2014: -$529,5382014Assets 2015: $3,149,106Liabilities 2015: $3,823,576Net Assets 2015: -$674,4702015Assets 2016: $3,015,815Liabilities 2016: $3,815,980Net Assets 2016: -$800,1652016Assets 2020: $2,704,154Liabilities 2020: $3,829,943Net Assets 2020: -$1,125,7892020Assets 2021: $2,641,758Liabilities 2021: $65,958Net Assets 2021: $2,575,8002021Assets 2025: $2,319,212Liabilities 2025: $75,927Net Assets 2025: $2,243,2852025

Highlighted filing

2012

Assets$3,486,518
Liabilities$3,823,094
Net Assets-$336,576

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $346,8022010Expenses 2012: $391,7052012Expenses 2013: $384,8522013Revenue 2014: $305,951Expenses 2014: $419,332Net Income 2014: -$113,3812014Revenue 2015: $330,641Expenses 2015: $475,573Net Income 2015: -$144,9322015Revenue 2016: $341,457Expenses 2016: $467,152Net Income 2016: -$125,6952016Revenue 2020: $429,878Expenses 2020: $480,278Net Income 2020: -$50,4002020Revenue 2021: $431,180Expenses 2021: $481,724Net Income 2021: -$50,5442021Revenue 2025: $496,834Expenses 2025: $556,479Net Income 2025: -$59,6452025

Highlighted filing

2012

Revenue-
Expenses$391,705
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Dec 18, 2012
Return Version
2011v1.2
Gross Receipts
$303,582
Mission and Program Overview

Mission

The corporation was organized to construct, own, and operate an affordable housing apartment community.

Filing and Contact Details

Filer

EIN
23-3087877
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE PROJECT HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE GRANTING IT EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE PROJECT IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2012 AND 2011, THE PROJECT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS. CURRENTLY, THE PROJECT'S FEDERAL INFORMATIONAL RETURNS FOR FISCAL YEARS 2009 - 2011 REMAIN OPEN TO INSPECTION BY THE IRS WITH 2012 TO BE FILED IN 2013.
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IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD OF DIRECTORS DOES NOT MAINTAIN MINUTES OF MEETINGS.
IRS990ScheduleO/GeneralExplanation/Explanation2THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE SIGNOR OF THE FORM 990 WILL PRESENT IT TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION HAS NOT CHANGED ITS PROCESS DURING THE YEAR.
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IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers012
IRS990/TotalNetAssetsFundBalances/BOY0-248453
IRS990/TotalNetAssetsFundBalances/EOY0-336576

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