Civic Intelligence

Farmgate Homeowners Association Inc

EIN 23-7248942 • 501(c)4 • Louisville, KY

Profile

Providing necessary services to homeowners in the community as set forth in the bylaws, by providing maitenance, security, utilities, etc for common areas, through a road fund, street light, drainage & civic functions for the homeowners in the community.

PO Box 91115Louisville, KY 40291

www.neighborhoodlink.com/LOUISVILLE

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

-3.1%

Higher net margin than 39% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$979

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

51st percentile

-0.6%

Faster asset growth than 51% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

9.7%

Faster revenue growth than 67% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$46,523

Down $10,252 (-18%) from 2023

Liabilities

$1,010

No earlier filing loaded for comparison.

Net Assets

Down

$45,513

Down $11,262 (-20%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin39th percentile

Revenue

Up

$30,845

Up $11,072 (+56%) from 2023

Expenses

Up

$42,107

Up $8,269 (+24%) from 2023

Net Income

Up

-$11,262

Up $2,803 (+20%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$80K$60K$40K$20K$0Assets 2020: $71,076Liabilities 2020: $0Net Assets 2020: $71,0762020Assets 2021: $70,646Liabilities 2021: $0Net Assets 2021: $70,6462021Assets 2022: $70,840Liabilities 2022: $0Net Assets 2022: $70,8402022Assets 2023: $56,775Net Assets 2023: $56,7752023Assets 2024: $46,523Liabilities 2024: $1,010Net Assets 2024: $45,5132024

Highlighted filing

2024

Assets$46,523
Liabilities$1,010
Net Assets$45,513
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

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

$60K$40K$20K$0-$20KRevenue 2020: $31,226Expenses 2020: $33,458Net Income 2020: -$2,2322020Revenue 2021: $34,250Expenses 2021: $35,320Net Income 2021: -$1,0702021Revenue 2022: $40,812Expenses 2022: $40,618Net Income 2022: $1942022Revenue 2023: $19,773Expenses 2023: $33,838Net Income 2023: -$14,0652023Revenue 2024: $30,845Expenses 2024: $42,107Net Income 2024: -$11,2622024

Highlighted filing

2024

Revenue$30,845
Expenses$42,107
Net Income-$11,262
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$46,523
Liabilities
$1,010
Net assets
$45,513
Revenue
$30,845
Expenses
$42,107
Net income
-$11,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.5$1.01$45.5$30.8$42.1$11.3
2023Detailed filing. Detailed filing data is available for this year.$56.8$56.8$19.8$33.8$14.1
2022Detailed filing. Detailed filing data is available for this year.$70.8$0.00$70.8$40.8$40.6$0.19
2021Detailed filing. Detailed filing data is available for this year.$70.6$0.00$70.6$34.3$35.3$1.07
2020Detailed filing. Detailed filing data is available for this year.$71.1$0.00$71.1$31.2$33.5$2.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.1
Gross Receipts
$30,845
Mission and Program Overview

Mission

Providing necessary services to homeowners in the community as set forth in the bylaws, by providing maitenance, security, utilities, etc for common areas, through a road fund, street light, drainage & civic functions for the homeowners in the community.

Program Services

DescriptionGrantsExpenses
PRIMARY SERVICES ARE PROVIDING NECESSARY SERVICES TO THE HOMEOWNERS IN THE COMMUNITY AS SET FORTH IN THE BYLAWS OF THE HOMEOWNERS ASSOCIATION.-$42,107
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNE RAYSecretary-$1,740-$1,740
RODNEY ZELLERPresident-$0--
JOAN WILLINGERVice President-$0--
Filing and Contact Details

Filer

Filer Name
Farmgate Homeowners Association Inc
EIN
23-7248942
Phone
5022393399
Address
PO BOX 91115, LOUISVILLE, KY 40291

Signing Officer

Name
Anne Ray
Title
Secretary /treasurer
Signed
2025-04-14
Discuss with paid preparer
Yes

Preparer

Firm
MetroTax Co
Address
3703 Taylorsville Rd Ste 205, Louisville, KY 40220
Preparer
Emily H Fangue
Phone
5022766693
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1251”

Other Expenses.1012

“Insurance $1249”

Other Expenses.1

“GROUNDSKEEPING $15852”

Other Expenses.2

“UTILITIES $14347”

Other Expenses.3

“Repairs & maintenance $5844”

Other Expenses.4

“MISCELLANEOUS $343”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1010”

Raw XML Appendix118 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/PersonNm0ANNE RAY
IRS990EZ/BooksInCareOfDetail/PhoneNum05022393399
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08314 HUNTSMAN TRAIL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040291
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt053135
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042883
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11262
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01481
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056775
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046523
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt030845
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01469
IRS990EZ/LandAndBuildingsGrp/BOYAmt03640
IRS990EZ/LandAndBuildingsGrp/EOYAmt03640
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt056775
IRS990EZ/NetAssetsOrFundBalancesEOYAmt045513
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt056775
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt045513
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21740
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RODNEY ZELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOAN WILLINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNE RAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt038886
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING NECESSARY SERVICES TO HOMEOWNERS IN THE COMMUNITY AS SET FORTH IN THE BYLAWS, BY PROVIDING MAITENANCE, SECURITY, UTILITIES, ETC FOR COMMON AREAS, THROUGH A ROAD FUND, STREET LIGHT, DRAINAGE & CIVIC FUNCTIONS FOR THE HOMEOWNERS IN THE COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt029376
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRIMARY SERVICES ARE PROVIDING NECESSARY SERVICES TO THE HOMEOWNERS IN THE COMMUNITY AS SET FORTH IN THE BYLAWS OF THE HOMEOWNERS ASSOCIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042107
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01740
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01010
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt042107
IRS990EZ/TotalProgramServiceExpensesAmt042107
IRS990EZ/TotalRevenueAmt030845
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NEIGHBORHOODLINK.COM/LOUISVILLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1249
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GROUNDSKEEPING $15852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES $14347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE $5844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS $343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNE RAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY /TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMGATE HOMEOWNERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0237248942
ReturnHeader/Filer/PhoneNum05022393399
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 91115
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040291
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0922127381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MetroTax Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03703 Taylorsville Rd Ste 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040220
ReturnHeader/PreparerPersonGrp/PhoneNum05022766693
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Emily H Fangue
ReturnHeader/ReturnTs02025-04-14T11:24:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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