Civic Intelligence

Goodwill Plaza Inc

990 • Fiscal year 2018 • EIN 25-1400404

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 28, 2019

118 52nd StreetPittsburgh, PA 15201

(412) 481-9005

Siviq Scores

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

Liabilities / Assets

99th percentile

2.55x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

3.91x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

23rd percentile

-8.3%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

24th percentile

-5.0%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.0%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,209,053

Down $63,387 (-5.0%) from 2017

Net Assets

Down

-$1,879,791

Down $65,270 (-3.6%) from 2017

Liabilities

Up

$3,088,844

Up $1,883 (+0.1%) from 2017

Revenue

Up

$789,752

Up $51,560 (+7.0%) from 2017

Expenses

Up

$855,022

Up $12,312 (+1.5%) from 2017

Net Income

Up

-$65,270

Up $39,248 (+38%) from 2017

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 2013: $1,621,004Liabilities 2013: $3,177,839Net Assets 2013: -$1,556,8352013Assets 2014: $1,494,674Liabilities 2014: $3,095,757Net Assets 2014: -$1,601,0832014Assets 2015: $1,430,646Liabilities 2015: $3,058,394Net Assets 2015: -$1,627,7482015Assets 2016: $1,371,549Liabilities 2016: $3,081,552Net Assets 2016: -$1,710,0032016Assets 2017: $1,272,440Liabilities 2017: $3,086,961Net Assets 2017: -$1,814,5212017Assets 2018: $1,209,053Liabilities 2018: $3,088,844Net Assets 2018: -$1,879,7912018Assets 2019: $1,083,601Liabilities 2019: $3,032,926Net Assets 2019: -$1,949,3252019Assets 2020: $1,028,216Liabilities 2020: $2,920,753Net Assets 2020: -$1,892,5372020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$1,209,053
Liabilities$3,088,844
Net Assets-$1,879,791

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $645,598Expenses 2013: $776,462Net Income 2013: -$130,8642013Revenue 2014: $768,011Expenses 2014: $812,259Net Income 2014: -$44,2482014Revenue 2015: $772,411Expenses 2015: $799,076Net Income 2015: -$26,6652015Revenue 2016: $773,984Expenses 2016: $856,239Net Income 2016: -$82,2552016Revenue 2017: $738,192Expenses 2017: $842,710Net Income 2017: -$104,5182017Revenue 2018: $789,752Expenses 2018: $855,022Net Income 2018: -$65,2702018Revenue 2019: $767,073Expenses 2019: $836,607Net Income 2019: -$69,5342019Revenue 2020: $826,284Expenses 2020: $769,496Net Income 2020: $56,7882020Revenue 2021: $2,150,323Expenses 2021: $257,786Net Income 2021: $1,892,5372021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2018

Revenue$789,752
Expenses$855,022
Net Income-$65,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 28, 2019
Return Version
2018v3.1
Gross Receipts
$789,752
Mission and Program Overview

Mission

To provide affordable quality housing to the elderly, people with disabilities, and low income people.

To provide affordable quality housing to the elderly, people with disabilities, & very low income people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$928,086$821,492▼ $106,594
Prepaid Expenses and Deferred Charges$47,338$20,625▼ $26,713
Accounts Receivable$1,670$9,270▲ $7,600
Cash and Non-Interest-Bearing Accounts$4,263$5,002▲ $739
Savings and Temporary Cash Investments-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,272,440$1,209,053▼ $63,387
Other Assets Total$291,083$352,664▲ $61,581
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,723,703$2,665,313▼ $58,390
Accounts Payable and Accrued Expenses$347,487$409,044▲ $61,557
Other Liabilities$15,771$14,487▼ $1,284
Total Liabilities$3,086,961$3,088,844▲ $1,883
Net Assets / Fund Balance
Unrestricted Net Assets$-1,814,521$-1,879,791▼ $65,270
Total Net Assets Fund Balance$-1,814,521$-1,879,791▼ $65,270
Total Liabilities and Net Assets / Fund Balance$1,272,440$1,209,053▼ $63,387

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$691,411$2,835,169$3,526,580
Other Land Buildings$2,081$204,848$206,929
Land$128,000-$128,000
Other Assets Org$15,267--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Wayne MeyerPresident
Joshua AskewsVice President
Donald DoldeDirector
Elizabeth NeidleDirector
Joseph ColosimoDirector
Kim SalinetroDirector
Leatrice ThomasDirector
Linda BaroneDirector
Mari MurphyDirector
Michael SmithDirector
Midge GilsonDirector
Robert StapeDirector
Amy KacmarSecretary
John O'BritzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$540,642
Program Service Revenue
$221,589
Investment Income
$897
Other Revenue
$26,624
Change in Net Assets
$-65,270

Audited Revenue Reconciliation

Revenue per Audited Statements
$789,752
Total Revenue per Audited Statements
$789,752
Total Revenue per Form 990
$789,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$690,323
Salaries, Compensation, and Employee Benefits$164,699
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$179,210--$179,210
Other Salaries and Wages$51,791$79,305-$131,096
Interest$130,813--$130,813
Depreciation Depletion$110,152--$110,152
Insurance$46,378--$46,378
Fees for Services Management-$40,240-$40,240
Fees for Services Accounting-$23,650-$23,650
Office Expenses$15,810$7,151-$22,961
Other Employee Benefits$21,479--$21,479
Payroll Taxes$12,124--$12,124
Other Expenses$45,968$5,173-$5,173
All Other Expenses$5,000--$5,000
Advertising-$1,150-$1,150
Conferences and Meetings-$602-$602
Fees for Services Legal-$437-$437
Total Functional Expenses$682,314$172,708$0$855,022

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$855,022
Total Expenses per Audited Statements$855,022
Total Expenses per Form 990$855,022
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
Tenant security deposits$14,487
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 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 6: Explanation of Classes of Members or Shareholder

The Organization has a Board comprised of members who are not compensated.

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

The Finance/Audit committee performs an in depth review of the form 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Organization has each board member confirm annually that he or she does not have any conflicts of interest.

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

The Board of Directors approves the salary of top management officials and officers and reviews them on an annual basis.

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

All are available on site by request.

Filing and Contact Details

Filer

Filer Name
Goodwill Plaza Inc
EIN
25-1400404
Phone
4124819005
Address
118 52nd Street, Pittsburgh, PA 15201

Signing Officer

Name
John O'Britz
Title
Treasurer
Signed
2019-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John O'Britz
Formed
1979
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
5

Preparer

Firm
McGee Maruca & Assoc PC CPAs
Address
3111 Banksville Rd Suite 200, Pittsburgh, PA 15216
Preparer
Lisa Maruca DiPardo CPA
Phone
4123449006
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide affordable quality housing to the elderly, people with disabilities, & very low income people.
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IRS990/OccupancyGrp/ProgramServicesAmt0179210
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IRS990/OtherAssetsTotalGrp/BOYAmt0291083
IRS990/OtherAssetsTotalGrp/EOYAmt0352664
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021479
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021479
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
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IRS990/OtherExpensesGrp/Desc2Bad Debt Expense
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IRS990/OtherRevenueTotalAmt026624
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IRS990/PayrollTaxesGrp/ProgramServicesAmt012124
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02187
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0126891
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalSupportAmt02707624
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0691411

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