Civic Intelligence

Tanner Gardens Apartments

990 • Fiscal year 2014 • EIN 23-7155004

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 30, 2014

11260 N Tatum Blvd Suite 14985028

(602) 244-1006

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.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

2.76x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

48th percentile

2.1%

Higher net margin than 48% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$2,165,236

No earlier filing loaded for comparison.

Net Assets

-$217,853

No earlier filing loaded for comparison.

Liabilities

$2,383,089

No earlier filing loaded for comparison.

Revenue

$864,018

No earlier filing loaded for comparison.

Expenses

$845,716

No earlier filing loaded for comparison.

Net Income

$18,302

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.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $2,165,236Liabilities 2014: $2,383,089Net Assets 2014: -$217,8532014Assets 2015: $2,119,076Liabilities 2015: $2,225,980Net Assets 2015: -$106,9042015Assets 2016: $2,141,664Liabilities 2016: $2,174,854Net Assets 2016: -$33,1902016Assets 2018: $2,425,888Liabilities 2018: $2,143,659Net Assets 2018: $282,2292018Assets 2019: $2,565,821Liabilities 2019: $2,156,807Net Assets 2019: $409,0142019Assets 2020: $2,419,577Liabilities 2020: $1,929,254Net Assets 2020: $490,3232020Assets 2021: $2,247,696Liabilities 2021: $1,680,352Net Assets 2021: $567,3442021Assets 2022: $2,305,507Liabilities 2022: $1,627,220Net Assets 2022: $678,2872022Assets 2023: $2,181,457Liabilities 2023: $1,500,703Net Assets 2023: $680,7542023Assets 2024: $2,612,069Liabilities 2024: $1,616,770Net Assets 2024: $995,2992024

Highlighted filing

2014

Assets$2,165,236
Liabilities$2,383,089
Net Assets-$217,853

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2014: $864,018Expenses 2014: $845,716Net Income 2014: $18,3022014Revenue 2015: $1,003,517Expenses 2015: $990,151Net Income 2015: $13,3662015Revenue 2016: $998,565Expenses 2016: $924,851Net Income 2016: $73,7142016Revenue 2018: $1,098,348Expenses 2018: $890,172Net Income 2018: $208,1762018Revenue 2019: $1,074,468Expenses 2019: $947,683Net Income 2019: $126,7852019Revenue 2020: $1,103,205Expenses 2020: $931,281Net Income 2020: $171,9242020Revenue 2021: $1,108,591Expenses 2021: $1,031,570Net Income 2021: $77,0212021Revenue 2022: $1,164,576Expenses 2022: $1,053,633Net Income 2022: $110,9432022Revenue 2023: $1,206,588Expenses 2023: $1,204,122Net Income 2023: $2,4662023Revenue 2024: $1,542,307Expenses 2024: $1,227,762Net Income 2024: $314,5452024

Highlighted filing

2014

Revenue$864,018
Expenses$845,716
Net Income$18,302
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 30, 2014
Return Version
2013v3.1
Gross Receipts
$864,018
Mission and Program Overview

Mission

Housing facilities for low income elderly and handicapped persons authorized under sections 8 and 21.

Housing facilities for low income elderly and handicapped persons authorized under sections 8 and 221.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,003,429$1,269,189▲ $265,760
Savings and Temporary Cash Investments$1,044,715$666,003▼ $378,712
Intangible Assets$123,067$118,823▼ $4,244
Cash and Non-Interest-Bearing Accounts$5,471$80,691▲ $75,220
Accounts Receivable$17,548$12,686▼ $4,862
Prepaid Expenses and Deferred Charges$10,540$10,719▲ $179
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$2,204,770$2,165,236▼ $39,534
Other Assets Total-$7,125-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,247,028$2,230,282▼ $16,746
Other Liabilities$117,245$121,553▲ $4,308
Accounts Payable and Accrued Expenses$74,232$22,285▼ $51,947
Deferred Revenue$2,420$8,969▲ $6,549
Total Liabilities$2,440,925$2,383,089▼ $57,836
Net Assets / Fund Balance
Unrestricted Net Assets$-236,155$-217,853▲ $18,302
Total Net Assets Fund Balance$-236,155$-217,853▲ $18,302
Total Liabilities and Net Assets / Fund Balance$2,204,770$2,165,236▼ $39,534

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,141,560$2,983,947$4,125,507
Land$127,629-$127,629
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$587,489
Program Service Revenue
$273,682
Investment Income
$441
Other Revenue
$2,406
Change in Net Assets
$18,302

Audited Revenue Reconciliation

Revenue per Audited Statements
$864,018
Total Revenue per Audited Statements
$864,018
Total Revenue per Form 990
$864,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$610,878
Salaries, Compensation, and Employee Benefits$234,838
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$186,921--$186,921
Other Salaries and Wages$184,037--$184,037
Office Expenses$168,644--$168,644
Interest$72,326--$72,326
Fees for Services Management-$68,580-$68,580
Depreciation Depletion$51,473--$51,473
Payroll Taxes$50,801--$50,801
Insurance$39,629--$39,629
Fees for Services Accounting$13,243--$13,243
Fees for Services Legal$6,505--$6,505
Advertising$3,462--$3,462
Other Expenses$95--$95
Total Functional Expenses$777,136$68,580$0$845,716

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$845,716
Total Expenses per Audited Statements$845,716
Total Expenses per Form 990$845,716
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Miscellaneous Long Term Liabilities$99,214
Tenant Deposits Held in Trust$22,339
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 was presented, reviewed and approved by board of directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive board must vote and approve all management salary.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Executive board must vote and approve all management salary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

upon request.

Filing and Contact Details

Filer

EIN
23-7155004
Phone
6022441006

Signing Officer

Name
Calvin C Goode
Title
President
Signed
2014-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Calvin C Goode
Legal Domicile
Az
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Preparer
Xiaolin Shi CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The entity adopted the standard for Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.

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IRS990/OtherExpensesGrp/TotalAmt095
IRS990/OtherLiabilitiesGrp/BOYAmt0117245
IRS990/OtherLiabilitiesGrp/EOYAmt0121553
IRS990/OtherRevenueMiscGrp/BusinessCd0454210
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02406
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02406
IRS990/OtherRevenueTotalAmt02406
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0184037
IRS990/OtherSalariesAndWagesGrp/TotalAmt0184037
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt050801
IRS990/PayrollTaxesGrp/TotalAmt050801
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010719
IRS990/PrincipalOfficerNm0CALVIN C GOODE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0273682
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0273682
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0530567
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0207
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0639086
IRS990/PYOtherRevenueAmt07725
IRS990/PYProgramServiceRevenueAmt0293996
IRS990/PYRevenuesLessExpensesAmt0-28218
IRS990/PYSalariesCompEmpBnftPaidAmt0221627
IRS990/PYTotalExpensesAmt0860713
IRS990/PYTotalRevenueAmt0832495
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt018302
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0273682
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01044715
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0666003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0587489
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0530567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0453313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0467262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0469051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02507682
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0441
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0207
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0415
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0408
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01726
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02406
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07725
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011413
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019509
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06397
IRS990ScheduleA/OtherIncome170Grp/TotalAmt047450
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98080
IRS990ScheduleA/PublicSupportPY170Pct00.97000
IRS990ScheduleA/PublicSupportTotal170Amt02507682
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0587489
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0530567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0453313
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0467262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0469051
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02507682
IRS990ScheduleA/TotalSupportAmt02556858
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01141560
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02983947
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04125507
IRS990ScheduleD/ExpensesSubtotalAmt0845716
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0127629
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0127629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt099214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS LONG TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0864018
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The entity adopted the standard for Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01269189
IRS990ScheduleD/TotalExpensesPerForm990Amt0845716
IRS990ScheduleD/TotalLiabilityAmt0121553
IRS990ScheduleD/TotalRevenuePerForm990Amt0864018
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0864018
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0845716
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PRESENTED, REVIEWED AND APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE BOARD MUST VOTE AND APPROVE ALL MANAGEMENT SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE BOARD MUST VOTE AND APPROVE ALL MANAGEMENT SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

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