Civic Intelligence

Sharon Homes Inc

EIN 23-7178089 • 501(c)4 • Mechanicsville, IA

Profile

N/A

205 E 1st StMechanicsville, IA 52306

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.58x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.31x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

63rd percentile

8.8%

Higher net margin than 63% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

364%

Faster asset growth than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

7.9%

Faster revenue growth than 65% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$43,508

Up $34,133 (+364%) from 2023

Liabilities

Down

$25,236

Down $1,118 (-4.2%) from 2023

Net Assets

Up

$18,272

Up $35,251 (+208%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin63rd percentile

Revenue

Up

$80,931

Up $5,959 (+7.9%) from 2023

Expenses

Up

$73,829

Up $98 (+0.1%) from 2023

Net Income

Up

$7,102

Up $5,861 (+472%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $108,634Liabilities 2010: $97,708Net Assets 2010: $10,9262010Assets 2011: $94,142Liabilities 2011: $91,352Net Assets 2011: $2,7902011Assets 2012: $90,319Liabilities 2012: $84,942Net Assets 2012: $5,3772012Assets 2013: $82,898Liabilities 2013: $78,481Net Assets 2013: $4,4172013Assets 2014: $76,374Liabilities 2014: $73,401Net Assets 2014: $2,9732014Assets 2015: $68,856Liabilities 2015: $68,379Net Assets 2015: $4772015Assets 2016: $50,525Liabilities 2016: $63,298Net Assets 2016: -$12,7732016Assets 2017: $30,735Liabilities 2017: $58,174Net Assets 2017: -$27,4392017Assets 2018: $19,135Liabilities 2018: $53,003Net Assets 2018: -$33,8682018Assets 2019: $6,399Liabilities 2019: $47,779Net Assets 2019: -$41,3802019Assets 2020: $14,533Liabilities 2020: $42,505Net Assets 2020: -$27,9722020Assets 2021: $6,974Liabilities 2021: $37,174Net Assets 2021: -$30,2002021Assets 2022: $7,255Liabilities 2022: $31,791Net Assets 2022: -$24,5362022Assets 2023: $9,375Liabilities 2023: $26,354Net Assets 2023: -$16,9792023Assets 2024: $43,508Liabilities 2024: $25,236Net Assets 2024: $18,2722024

Highlighted filing

2024

Assets$43,508
Liabilities$25,236
Net Assets$18,272
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $47,894Expenses 2010: $52,303Net Income 2010: -$4,4092010Revenue 2011: $61,466Expenses 2011: $74,764Net Income 2011: -$13,2982011Revenue 2012: $47,311Expenses 2012: $50,502Net Income 2012: -$3,1912012Revenue 2013: $45,987Expenses 2013: $53,104Net Income 2013: -$7,1172013Revenue 2014: $47,161Expenses 2014: $52,776Net Income 2014: -$5,6152014Revenue 2015: $46,968Expenses 2015: $55,540Net Income 2015: -$8,5722015Revenue 2016: $48,500Expenses 2016: $62,912Net Income 2016: -$14,4122016Revenue 2017: $58,549Expenses 2017: $79,544Net Income 2017: -$20,9952017Revenue 2018: $53,600Expenses 2018: $64,360Net Income 2018: -$10,7602018Revenue 2019: $53,863Expenses 2019: $68,993Net Income 2019: -$15,1302019Revenue 2020: $77,431Expenses 2020: $68,703Net Income 2020: $8,7282020Revenue 2021: $63,500Expenses 2021: $70,815Net Income 2021: -$7,3152021Revenue 2022: $70,469Expenses 2022: $70,731Net Income 2022: -$2622022Revenue 2023: $74,972Expenses 2023: $73,731Net Income 2023: $1,2412023Revenue 2024: $80,931Expenses 2024: $73,829Net Income 2024: $7,1022024

Highlighted filing

2024

Revenue$80,931
Expenses$73,829
Net Income$7,102
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,508
Liabilities
$25,236
Net assets
$18,272
Revenue
$80,931
Expenses
$73,829
Net income
$7,102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.25$0.18$0.81$0.74$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.26$0.17$0.75$0.74$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.32$0.25$0.70$0.71$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.37$0.30$0.64$0.71$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.43$0.28$0.77$0.69$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.48$0.41$0.54$0.69$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.53$0.34$0.54$0.64$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.58$0.27$0.59$0.80$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.63$0.13$0.49$0.63$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.68$0.00$0.47$0.56$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.73$0.03$0.47$0.53$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.78$0.04$0.46$0.53$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.85$0.05$0.47$0.51$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.91$0.03$0.61$0.75$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.98$0.11$0.48$0.52$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 13, 2025
Return Version
2024v5.0
Gross Receipts
$80,931
Mission and Program Overview

Mission

N/A

Provides housing for low income elderly.

Program Services

DescriptionGrantsExpenses
PROVIDES HOUSING FOR LOW INCOME ELEDERLY. THE ORGANIZATION ACHIEVED A 98% OCCUPANCY RATE IN THE CURRENT YEAR.-$66,726
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL KLEINSMITHPresident-$0--
SCOTT BURMEISTERVice Preside-$0--
JANET BURKESecretary-$0--
KEN LACEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sharon Homes Inc
EIN
23-7178089
Address
205 E 1ST ST, MECHANICSVILLE, IA 52306

Signing Officer

Name
Paul Kleinsmith
Title
President
Signed
2025-03-13

Preparer

Firm
Forge Financial & Management Consulting
Address
1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
Preparer
Ross Vanlaar CPA
Phone
5156203050
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 148 interest 2,250 property/liability ins 8,883 non-investment depreciation 10,356 total 21,637”

Form 990-ez, Part I, Line 20

“NET ASSET ADJ 28,149”

Form 990-ez, Part II, Line 24

“Buildings 0 284,800 less accumulated depreciation 0 276,216 0 -8,584 total 0 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 1,208 security deposit liability 0 3,165 deferred income 0 0 mortgage and other notes payable 26,354 20,863”

Raw XML Appendix105 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/BusinessName/BusinessNameLine1Txt0RIGHT WAY MANAGEMENT SERVICES
IRS990EZ/BooksInCareOfDetail/PhoneNum05634326160
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0205 E FIRST ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MECHANICSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052306
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09375
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033724
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07102
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05955
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09375
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043508
IRS990EZ/GrossReceiptsAmt080931
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt035
IRS990EZ/LandAndBuildingsGrp/EOYAmt09784
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-16979
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018272
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-16979
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018272
IRS990EZ/OccupancyRentUtltsAndMaintAmt046237
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL KLEINSMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT BURMEISTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JANET BURKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEN LACEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt028149
IRS990EZ/OtherExpensesTotalAmt021637
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDES HOUSING FOR LOW INCOME ELDERLY.
IRS990EZ/ProgramServiceRevenueAmt080896
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES HOUSING FOR LOW INCOME ELEDERLY. THE ORGANIZATION ACHIEVED A 98% OCCUPANCY RATE IN THE CURRENT YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066726
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt026354
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025236
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073829
IRS990EZ/TotalProgramServiceExpensesAmt066726
IRS990EZ/TotalRevenueAmt080931
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 148 INTEREST 2,250 PROPERTY/LIABILITY INS 8,883 NON-INVESTMENT DEPRECIATION 10,356 TOTAL 21,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NET ASSET ADJ 28,149
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUILDINGS 0 284,800 LESS ACCUMULATED DEPRECIATION 0 276,216 0 -8,584 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,208 SECURITY DEPOSIT LIABILITY 0 3,165 DEFERRED INCOME 0 0 MORTGAGE AND OTHER NOTES PAYABLE 26,354 20,863
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL KLEINSMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARON HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0237178089
ReturnHeader/Filer/USAddress/AddressLine1Txt0205 E 1ST ST
ReturnHeader/Filer/USAddress/CityNm0MECHANICSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052306
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882802798
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORGE FINANCIAL & MANAGEMENT CONSULTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01245 JORDAN CREEK PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502662343
ReturnHeader/PreparerPersonGrp/PhoneNum05156203050
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROSS VANLAAR CPA
ReturnHeader/ReturnTs02025-03-14T14:55:15-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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