Civic Intelligence

Goodwill Plaza Inc

990 • Fiscal year 2019 • EIN 25-1400404

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

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

2.80x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

3.95x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

22nd percentile

-9.1%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-2.9%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,083,601

Down $125,452 (-10%) from 2018

Net Assets

Down

-$1,949,325

Down $69,534 (-3.7%) from 2018

Liabilities

Down

$3,032,926

Down $55,918 (-1.8%) from 2018

Revenue

Down

$767,073

Down $22,679 (-2.9%) from 2018

Expenses

Down

$836,607

Down $18,415 (-2.2%) from 2018

Net Income

Down

-$69,534

Down $4,264 (-6.5%) from 2018

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

2019

Assets$1,083,601
Liabilities$3,032,926
Net Assets-$1,949,325

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

2019

Revenue$767,073
Expenses$836,607
Net Income-$69,534
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.0
Gross Receipts
$767,073
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$821,492$720,814▼ $100,678
Prepaid Expenses and Deferred Charges$20,625$20,175▼ $450
Cash and Non-Interest-Bearing Accounts$5,002$6,560▲ $1,558
Accounts Receivable$9,270$904▼ $8,366
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$1,209,053$1,083,601▼ $125,452
Other Assets Total$352,664$335,148▼ $17,516
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,665,313$2,604,027▼ $61,286
Accounts Payable and Accrued Expenses$409,044$413,486▲ $4,442
Other Liabilities$14,487$15,413▲ $926
Total Liabilities$3,088,844$3,032,926▼ $55,918
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,879,791$-1,949,325▼ $69,534
Total Net Assets Fund Balance$-1,879,791$-1,949,325▼ $69,534
Total Liabilities and Net Assets / Fund Balance$1,209,053$1,083,601▼ $125,452

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$591,135$2,940,545$3,531,680
Other Land Buildings$1,679$205,250$206,929
Land$128,000-$128,000
Other Assets Org$16,194--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Wayne MeyerPresident
Joshua AskewsVice President
Elizabeth NeidleDirector
Joseph ColosimoDirector
Kim SalinetroDirector
Leatrice ThomasDirector
Linda BaroneDirector
Michael SmithDirector
Robert StapeDirector
Mari MurphySecretary
John O'BritzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$543,400
Program Service Revenue
$196,878
Investment Income
$711
Other Revenue
$26,084
Change in Net Assets
$-69,534

Audited Revenue Reconciliation

Revenue per Audited Statements
$767,073
Total Revenue per Audited Statements
$767,073
Total Revenue per Form 990
$767,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$723,047
Salaries, Compensation, and Employee Benefits$113,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$180,558--$180,558
Interest$127,917--$127,917
Depreciation Depletion$109,335--$109,335
Other Salaries and Wages$42,864$49,578-$92,442
Insurance$46,760--$46,760
Fees for Services Management-$40,000-$40,000
Office Expenses$22,023$7,455-$29,478
Fees for Services Accounting-$23,799-$23,799
Payroll Taxes$13,317--$13,317
Other Employee Benefits$7,801--$7,801
Other Expenses$5,000$4,339-$4,339
Fees for Services Legal-$2,525-$2,525
All Other Expenses-$1,068-$1,068
Advertising-$474-$474
Conferences and Meetings-$103-$103
Total Functional Expenses$707,266$129,341$0$836,607

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$836,607
Total Expenses per Audited Statements$836,607
Total Expenses per Form 990$836,607
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$15,413
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
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
2020-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John O'Britz
Formed
1979
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
7

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/OccupancyGrp/ProgramServicesAmt0180558
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07455
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IRS990/OfficeExpensesGrp/TotalAmt029478
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IRS990/OtherAssetsTotalGrp/BOYAmt0352664
IRS990/OtherAssetsTotalGrp/EOYAmt0335148
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07801
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07801
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Contracts
IRS990/OtherExpensesGrp/Desc2Real Estate Taxes
IRS990/OtherExpensesGrp/Desc3Miscellaneous Admin Expense
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IRS990/OtherExpensesGrp/ProgramServicesAmt157883
IRS990/OtherExpensesGrp/ProgramServicesAmt25000
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt121555
IRS990/OtherRevenueTotalAmt026084
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049578
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IRS990/OtherSalariesAndWagesGrp/TotalAmt092442
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IRS990/PayrollTaxesGrp/ProgramServicesAmt013317
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020625
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IRS990/PrincipalOfficerNm0John O'Britz
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0591135
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IRS990ScheduleD/TotalExpensesPerForm990Amt0836607
IRS990ScheduleD/TotalLiabilityAmt015413
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