Civic Intelligence

Friends Rehabilitation Program Inc.

990 • Fiscal year 2022 • EIN 23-6398764

Jun 01, 2021 to May 31, 2022 • Filed on Apr 17, 2023

704-706 W Girard AvenuePhiladelphia, PA 19123

(215) 825-8800

Siviq Scores

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

Liabilities / Assets

57th percentile

0.18x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

49th percentile

6.3%

Higher net margin than 49% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$183,340

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

8th percentile

-18%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

9.5%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$5,750,811

Down $1,260,802 (-18%) from 2021

Net Assets

Up

$4,724,781

Up $470,603 (+11%) from 2021

Liabilities

Down

$1,026,030

Down $1,731,405 (-63%) from 2021

Revenue

Up

$7,433,729

Up $644,823 (+9.5%) from 2021

Expenses

Up

$6,963,000

Up $145,058 (+2.1%) from 2021

Net Income

Up

$470,729

Up $499,765 (+1721%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $18,604,607Liabilities 2010: $13,156,360Net Assets 2010: $5,448,2472010Assets 2011: $28,644,401Liabilities 2011: $22,948,888Net Assets 2011: $5,695,5132011Assets 2012: $19,792,085Liabilities 2012: $14,439,763Net Assets 2012: $5,352,3222012Assets 2013: $14,719,566Liabilities 2013: $7,895,244Net Assets 2013: $6,824,3222013Assets 2014: $14,132,268Liabilities 2014: $7,157,128Net Assets 2014: $6,975,1402014Assets 2015: $13,625,569Liabilities 2015: $7,310,799Net Assets 2015: $6,314,7702015Assets 2016: $11,939,077Liabilities 2016: $7,021,620Net Assets 2016: $4,917,4572016Assets 2017: $11,562,985Liabilities 2017: $7,542,366Net Assets 2017: $4,020,6192017Assets 2018: $12,506,952Liabilities 2018: $1,670,480Net Assets 2018: $10,836,4722018Assets 2019: $6,729,809Liabilities 2019: $1,001,088Net Assets 2019: $5,728,7212019Assets 2020: $7,034,774Liabilities 2020: $2,562,796Net Assets 2020: $4,471,9782020Assets 2021: $7,011,613Liabilities 2021: $2,757,435Net Assets 2021: $4,254,1782021Assets 2022: $5,750,811Liabilities 2022: $1,026,030Net Assets 2022: $4,724,7812022Assets 2023: $6,554,371Liabilities 2023: $2,548,371Net Assets 2023: $4,006,0002023Assets 2024: $5,590,431Liabilities 2024: $1,587,201Net Assets 2024: $4,003,2302024

Highlighted filing

2022

Assets$5,750,811
Liabilities$1,026,030
Net Assets$4,724,781

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $3,657,8692010Expenses 2011: $4,955,5452011Expenses 2012: $6,923,6912012Expenses 2013: $7,103,0692013Revenue 2014: $4,664,795Expenses 2014: $4,464,670Net Income 2014: $200,1252014Revenue 2015: $3,991,782Expenses 2015: $4,652,441Net Income 2015: -$660,6592015Revenue 2016: $3,911,810Expenses 2016: $5,309,109Net Income 2016: -$1,397,2992016Revenue 2017: $4,414,732Expenses 2017: $5,117,162Net Income 2017: -$702,4302017Revenue 2018: $12,870,205Expenses 2018: $5,867,602Net Income 2018: $7,002,6032018Revenue 2019: $407,186Expenses 2019: $5,825,426Net Income 2019: -$5,418,2402019Revenue 2020: $5,330,432Expenses 2020: $6,308,603Net Income 2020: -$978,1712020Revenue 2021: $6,788,906Expenses 2021: $6,817,942Net Income 2021: -$29,0362021Revenue 2022: $7,433,729Expenses 2022: $6,963,000Net Income 2022: $470,7292022Revenue 2023: $6,289,212Expenses 2023: $7,007,993Net Income 2023: -$718,7812023Revenue 2024: $6,650,649Expenses 2024: $6,694,210Net Income 2024: -$43,5612024

Highlighted filing

2022

Revenue$7,433,729
Expenses$6,963,000
Net Income$470,729
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Apr 17, 2023
Return Version
2021v4.2
Gross Receipts
$8,559,489
Mission and Program Overview

Mission

Friends rehabilitation program, inc. Is a quaker-related nonprofit organization whose mission is to provide housing and social services for low and moderate income households. In addition, the corporation is a developer and manager of various affordable housing projects.

A quaker-related nonprofit organization whose mission is to provide housing and social services for low and moderate income households. In addition, the corporation is a developer and manager of various affordable housing projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$1,059,542-
Land, Buildings, and Equipment, Net$1,033,244$851,606▼ $181,638
Cash and Non-Interest-Bearing Accounts$76,066$555,363▲ $479,297
Investments Other Securities$89,667$89,667→ $0
Prepaid Expenses and Deferred Charges$58,254$33,870▼ $24,384
Savings and Temporary Cash Investments$1,626$1,500▼ $126
Total Assets$7,011,613$5,750,811▼ $1,260,802
Other Assets Total$5,752,756$3,159,263▼ $2,593,493
Liabilities
Other Liabilities$486,605$670,696▲ $184,091
Accounts Payable and Accrued Expenses$2,270,830$355,334▼ $1,915,496
Total Liabilities$2,757,435$1,026,030▼ $1,731,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,254,178$4,724,781▲ $470,603
Total Net Assets Fund Balance$4,254,178$4,724,781▲ $470,603
Total Liabilities and Net Assets / Fund Balance$7,011,613$5,750,811▼ $1,260,802

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$806,596$416,613$1,223,209
Land$45,010-$45,010
Other Assets Org$15,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew AndersonExecutive DirectorFT$178,000$5,340$183,340
Susanne DavisAsst TreasurerFT$100,000$5,000$105,000
Michel HowittCFOFT$65,000$3,250$68,250

Board Members and Trustees

NameTitle
Hollister KnowltonPresident
Fred Slifer Thru 31522VP/secretary
Linell MccurryVP/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Javier Garcia HernandezBuilding Contractor2643 N NAPA STREET, Philadelphia, PA 19132$173,429
Revenue and Support

Revenue Composition

Contributions and Grants
$6,530,389
Program Service Revenue
$131,528
Investment Income
$464,406
Other Revenue
$307,406
Change in Net Assets
$470,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,495,266
Salaries, Compensation, and Employee Benefits$2,336,112
Other Expenses$1,131,622
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,495,266--$3,495,266
Other Salaries and Wages$1,454,362$97,801-$1,552,163
Current Officers, Directors, Trustees, and Key Employees$160,568$196,022-$356,590
Other Employee Benefits$105,177$67,760-$172,937
Payroll Taxes$95,125$61,284-$156,409
Occupancy$153,477--$153,477
Fees for Services Other$76,657$70,129-$146,786
Office Expenses$42,166$60,532-$102,698
Pension Plan Contributions$61,820$36,193-$98,013
Fees for Services Accounting-$79,028-$79,028
Insurance-$75,237-$75,237
Other Expenses$23,785$32,942-$56,727
Fees for Services Legal-$36,994-$36,994
Depreciation Depletion-$25,279-$25,279
Interest-$22,119-$22,119
All Other Expenses$54,153$-195,879-$-141,726
Total Functional Expenses$5,725,794$1,237,206$0$6,963,000
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
Line of Credit$635,986
Tenant Security Deposits$34,710
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

A copy of this form 990 was provided to the company's board of directors (the governing body) who reviewed and approved the form prior to its filing with the internal revenue service

Form 990, Part VI, Section B, Line 12C

Each director must execute a statement at the annual meeting each year setting forth any possible conflicts, or stating that no such confilcts exist. In addition, any employee having a suspected conflict must present it to the board of directors prior to action for approval.

Form 990, Part VI, Section C, Line 19

Copies of the company's governing documents, conflict of interest policy, financial statements and this form 990 are available at the company's offices at 704-06 west girard avenue; philadelphia pa 19123. Copies will be made upon request.

Filing and Contact Details

Filer

Filer Name
Friends Rehabilitation Program Inc
EIN
23-6398764
Phone
2158258800
Address
704-706 W GIRARD AVENUE, PHILADELPHIA, PA 19123

Signing Officer

Name
Andrew Anderson
Title
Executive Director
Phone
2158258800
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Anderson
Formed
1961
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
2
Employees
38
Volunteers
3

Preparer

Firm
Eisner Advisory Group LLC
Address
130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
Preparer
Helen M Martin
Phone
2158818800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight the audit of its financial statements and selection of independent accountant. The oversight process hasn't changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income taxes under the provisions of internal revenue code section 501(c)(3), and is exempt from state income taxes under the provisions of the pennsylvania nonprofit corporation law. The corporation files income tax returns in the u.s. Federal jurisdiction. The corporation is no longer subject to u.s. Federal income tax examinations by tax authorities for years before 2018. U.s. Gaap requires management to evaluate tax positions taken and recognize a tax liability, if the corporation has taken an uncertain tax position that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by the corporation and has concluded that as of may 31, 2022 and 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The corporation recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax related interest and penalties recorded for either of the years ended may 31, 2022 or 2021.

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IRS990/MissionDesc0FRIENDS REHABILITATION PROGRAM, INC. IS A QUAKER-RELATED NONPROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE HOUSING AND SOCIAL SERVICES FOR LOW AND MODERATE INCOME HOUSEHOLDS. IN ADDITION, THE CORPORATION IS A DEVELOPER AND MANAGER OF VARIOUS AFFORDABLE HOUSING PROJECTS.
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IRS990/OtherExpensesGrp/Desc1OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISC EXPENSES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0403902
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1109122
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt258741
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt332942
IRS990/OtherExpensesGrp/ProgramServicesAmt03238
IRS990/OtherExpensesGrp/ProgramServicesAmt123785
IRS990/OtherExpensesGrp/TotalAmt0403902
IRS990/OtherExpensesGrp/TotalAmt1109122
IRS990/OtherExpensesGrp/TotalAmt261979
IRS990/OtherExpensesGrp/TotalAmt356727
IRS990/OtherLiabilitiesGrp/BOYAmt0486605
IRS990/OtherLiabilitiesGrp/EOYAmt0670696
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0307406
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0307406
IRS990/OtherRevenueTotalAmt0307406
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt097801
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01454362
IRS990/OtherSalariesAndWagesGrp/TotalAmt01552163
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt061284
IRS990/PayrollTaxesGrp/ProgramServicesAmt095125
IRS990/PayrollTaxesGrp/TotalAmt0156409
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt036193
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt061820
IRS990/PensionPlanContributionsGrp/TotalAmt098013
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058254
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033870
IRS990/PrincipalOfficerNm0ANDREW ANDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070130
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt161398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt161398
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CORPORATION IS A DEVELOPER AND MANAGER OF VARIOUS AFFORDABLE HOUSING PROJECTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0456738
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0131528
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04617573
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01074017
IRS990/PYOtherExpensesAmt04313036
IRS990/PYOtherRevenueAmt0622502
IRS990/PYProgramServiceRevenueAmt0474814
IRS990/PYRevenuesLessExpensesAmt0-29036
IRS990/PYSalariesCompEmpBnftPaidAmt02504906
IRS990/PYTotalExpensesAmt06817942
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06788906
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0470729
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0307406
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01626
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06530389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04539968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04373311
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03960993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04192432
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt023597093
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0192
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt073338
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0331921
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0405770
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0131528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0474814
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0691698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0349043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0179336
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01826419
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt073338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0331921
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0405770
IRS990ScheduleA/InvestmentIncomeCYPct00.01120
IRS990ScheduleA/InvestmentIncomePYPct00.02070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0307406
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0616102
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0306419
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0161419
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09152478
IRS990ScheduleA/OtherIncome509Grp/TotalAmt010543824
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.69900
IRS990ScheduleA/PublicSupportPY509Pct00.68440
IRS990ScheduleA/PublicSupportTotal509Amt025423512
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06661917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05014782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05065009
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04310036
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04371768
IRS990ScheduleA/Total509Grp/TotalAmt025423512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06969612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05630914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05371620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04544793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013856167
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036373106
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/BookValueAmt0806596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0416613
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01223209
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045010
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02485212
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1454916
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2204135
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt315000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONTRACTS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDENTIAL INVENTORY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034710
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1635986
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE PENNSYLVANIA NONPROFIT CORPORATION LAW. THE CORPORATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2018. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF MAY 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED MAY 31, 2022 OR 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0851606
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03159263
IRS990ScheduleD/TotalLiabilityAmt0670696
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03495266
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RENTAL ASSISTANCE AND SUBSIDIES AND SECURITY DEPOSIT PAYMENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01560
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RENTAL AND SECURITY DEPOSIT PAYMENTS ARE PAID DIRECTLY TO LANDLORDS ON BEHALF OF TENANTS OR PROSPECTIVE TENANTS. NO ADDITIONAL MONITORING IS REQUIRED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0178000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.59$1.59$4.00$6.65$6.69$0.04
2023Detailed filing. Detailed filing data is available for this year.$6.55$2.55$4.01$6.29$7.01$0.72
2022Detailed filing. Detailed filing data is available for this year.$5.75$1.03$4.72$7.43$6.96$0.47
2021Detailed filing. Detailed filing data is available for this year.$7.01$2.76$4.25$6.79$6.82$0.03
2020Detailed filing. Detailed filing data is available for this year.$7.03$2.56$4.47$5.33$6.31$0.98
2019Detailed filing. Detailed filing data is available for this year.$6.73$1.00$5.73$0.41$5.83$5.42
2018Detailed filing. Detailed filing data is available for this year.$12.5$1.67$10.8$12.9$5.87$7.00
2017Detailed filing. Detailed filing data is available for this year.$11.6$7.54$4.02$4.41$5.12$0.70
2016Detailed filing. Detailed filing data is available for this year.$11.9$7.02$4.92$3.91$5.31$1.40
2015Detailed filing. Detailed filing data is available for this year.$13.6$7.31$6.31$3.99$4.65$0.66
2014Detailed filing. Detailed filing data is available for this year.$14.1$7.16$6.98$4.66$4.46$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$7.90$6.82$7.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$14.4$5.35$6.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$22.9$5.70$4.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$13.2$5.45$3.66