Civic Intelligence

Goodwill Plaza Inc

990 • Fiscal year 2020 • EIN 25-1400404

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 07, 2021

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

2.84x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.53x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

6.9%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-5.1%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

7.7%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,028,216

Down $55,385 (-5.1%) from 2019

Net Assets

Up

-$1,892,537

Up $56,788 (+2.9%) from 2019

Liabilities

Down

$2,920,753

Down $112,173 (-3.7%) from 2019

Revenue

Up

$826,284

Up $59,211 (+7.7%) from 2019

Expenses

Down

$769,496

Down $67,111 (-8.0%) from 2019

Net Income

Up

$56,788

Up $126,322 (+182%) from 2019

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

2020

Assets$1,028,216
Liabilities$2,920,753
Net Assets-$1,892,537

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

2020

Revenue$826,284
Expenses$769,496
Net Income$56,788
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 7, 2021
Return Version
2020v4.0
Gross Receipts
$826,284
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$720,814$615,342▼ $105,472
Cash and Non-Interest-Bearing Accounts$6,560$24,463▲ $17,903
Prepaid Expenses and Deferred Charges$20,175$23,928▲ $3,753
Accounts Receivable$904$0▼ $904
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$1,083,601$1,028,216▼ $55,385
Other Assets Total$335,148$364,483▲ $29,335
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,604,027$2,539,702▼ $64,325
Accounts Payable and Accrued Expenses$413,486$363,277▼ $50,209
Other Liabilities$15,413$17,774▲ $2,361
Total Liabilities$3,032,926$2,920,753▼ $112,173
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,949,325$-1,892,537▲ $56,788
Total Net Assets Fund Balance$-1,949,325$-1,892,537▲ $56,788
Total Liabilities and Net Assets / Fund Balance$1,083,601$1,028,216▼ $55,385

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$486,065$3,045,615$3,531,680
Other Land Buildings$1,277$205,652$206,929
Land$128,000-$128,000
Other Assets Org$18,555--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$574,344
Program Service Revenue
$225,391
Investment Income
$210
Other Revenue
$26,339
Change in Net Assets
$56,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$826,284
Total Revenue per Audited Statements
$826,284
Total Revenue per Form 990
$826,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$683,431
Salaries, Compensation, and Employee Benefits$86,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$179,692--$179,692
Interest$124,878--$124,878
Depreciation Depletion$109,029--$109,029
Other Salaries and Wages$31,709$35,122-$66,831
Insurance$47,192--$47,192
Fees for Services Management-$40,000-$40,000
Fees for Services Accounting-$23,900-$23,900
Office Expenses$11,059$6,567-$17,626
Other Employee Benefits$11,919--$11,919
Payroll Taxes$7,315--$7,315
Other Expenses$5,000$7,001-$5,000
All Other Expenses-$4,222-$4,222
Fees for Services Legal-$807-$807
Conferences and Meetings-$32-$32
Total Functional Expenses$651,845$117,651$0$769,496

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$769,496
Total Expenses per Audited Statements$769,496
Total Expenses per Form 990$769,496
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$17,774
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 Treasurer 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
2021-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John O'Britz
Formed
1979
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
4

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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