Civic Intelligence

Goodwill Villa Inc

990 • Fiscal year 2015 • EIN 25-1700573

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 11, 2016

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

97th percentile

1.54x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

7.58x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

54th percentile

1.7%

Faster asset growth than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

6.0%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,051,737

Up $33,476 (+1.7%) from 2014

Net Assets

Down

-$1,102,222

Down $70,965 (-6.9%) from 2014

Liabilities

Up

$3,153,959

Up $104,441 (+3.4%) from 2014

Revenue

Up

$416,091

Up $23,643 (+6.0%) from 2014

Expenses

Up

$487,056

Up $63,626 (+15%) from 2014

Net Income

Down

-$70,965

Down $39,983 (-129%) from 2014

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: $2,069,761Liabilities 2013: $3,070,036Net Assets 2013: -$1,000,2752013Assets 2014: $2,018,261Liabilities 2014: $3,049,518Net Assets 2014: -$1,031,2572014Assets 2015: $2,051,737Liabilities 2015: $3,153,959Net Assets 2015: -$1,102,2222015Assets 2016: $2,000,638Liabilities 2016: $3,139,386Net Assets 2016: -$1,138,7482016Assets 2017: $1,868,012Liabilities 2017: $3,053,751Net Assets 2017: -$1,185,7392017Assets 2018: $1,829,659Liabilities 2018: $3,098,148Net Assets 2018: -$1,268,4892018Assets 2019: $1,706,149Liabilities 2019: $3,052,216Net Assets 2019: -$1,346,0672019Assets 2020: $1,691,222Liabilities 2020: $3,100,363Net Assets 2020: -$1,409,1412020Assets 2021: $1,560,032Liabilities 2021: $3,107,300Net Assets 2021: -$1,547,2682021Assets 2022: $589,543Liabilities 2022: $51,909Net Assets 2022: $537,6342022Assets 2023: $527,210Liabilities 2023: $211Net Assets 2023: $526,9992023Assets 2024: $769Liabilities 2024: $0Net Assets 2024: $7692024

Highlighted filing

2015

Assets$2,051,737
Liabilities$3,153,959
Net Assets-$1,102,222

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $359,348Expenses 2013: $448,163Net Income 2013: -$88,8152013Revenue 2014: $392,448Expenses 2014: $423,430Net Income 2014: -$30,9822014Revenue 2015: $416,091Expenses 2015: $487,056Net Income 2015: -$70,9652015Revenue 2016: $411,881Expenses 2016: $448,407Net Income 2016: -$36,5262016Revenue 2017: $406,069Expenses 2017: $453,060Net Income 2017: -$46,9912017Revenue 2018: $400,711Expenses 2018: $483,461Net Income 2018: -$82,7502018Revenue 2019: $395,431Expenses 2019: $473,009Net Income 2019: -$77,5782019Revenue 2020: $396,365Expenses 2020: $459,439Net Income 2020: -$63,0742020Revenue 2021: $374,321Expenses 2021: $512,448Net Income 2021: -$138,1272021Revenue 2022: $2,621,852Expenses 2022: $536,949Net Income 2022: $2,084,9032022Revenue 2023: $378Expenses 2023: $11,013Net Income 2023: -$10,6352023Revenue 2024: $0Expenses 2024: $526,230Net Income 2024: -$526,2302024

Highlighted filing

2015

Revenue$416,091
Expenses$487,056
Net Income-$70,965
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 11, 2016
Return Version
2015v2.0
Gross Receipts
$416,091
Mission and Program Overview

Mission

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$1,848,662$1,834,307▼ $14,355
Cash and Non-Interest-Bearing Accounts$2,606$109,730▲ $107,124
Prepaid Expenses and Deferred Charges$21,901$8,452▼ $13,449
Accounts Receivable$923$653▼ $270
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$2,018,261$2,051,737▲ $33,476
Other Assets Total$144,169$98,595▼ $45,574
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,007,200$3,007,200→ $0
Accounts Payable and Accrued Expenses$26,092$130,170▲ $104,078
Other Liabilities$16,226$16,589▲ $363
Total Liabilities$3,049,518$3,153,959▲ $104,441
Net Assets / Fund Balance
Unrestricted Net Assets$-1,031,257$-1,102,222▼ $70,965
Total Net Assets Fund Balance$-1,031,257$-1,102,222▼ $70,965
Total Liabilities and Net Assets / Fund Balance$2,018,261$2,051,737▲ $33,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,652,222$1,610,099$3,262,321
Land$172,642-$172,642
Other Land Buildings$9,443$52,110$61,553
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Wayne MeyerPresident
Joshua AskewsVice President
Amy KacmarDirector
Donald DoldeDirector
Elizabeth NeidleDirector
Joseph ColosimoDirector
Kim SalinetroDirector
Leatrice ThomasDirector
Linda BaroneDirector
Margaret MassiminoDirector
Michael SmithDirector
Mildred GilsonDirector
Patty TrainerSecretary
John O'BritzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$206,550
Program Service Revenue
$192,999
Investment Income
$272
Other Revenue
$16,270
Change in Net Assets
$-70,965

Audited Revenue Reconciliation

Revenue per Audited Statements
$416,091
Total Revenue per Audited Statements
$416,091
Total Revenue per Form 990
$416,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,981
Salaries, Compensation, and Employee Benefits$84,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$90,822--$90,822
Office Expenses$76,670$11,445-$88,115
Occupancy$86,834--$86,834
Other Salaries and Wages$26,894$37,527-$64,421
Fees for Services Management-$31,752-$31,752
Insurance$20,511--$20,511
Fees for Services Accounting-$16,857-$16,857
Other Employee Benefits$15,215--$15,215
Payroll Taxes$4,439--$4,439
Conferences and Meetings-$3,740-$3,740
Other Expenses$1,811$5,100-$1,811
Fees for Services Legal-$405-$405
All Other Expenses-$217-$217
Total Functional Expenses$380,013$107,043$0$487,056

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$487,056
Total Expenses per Audited Statements$487,056
Total Expenses per Form 990$487,056
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$16,589
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 which is 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 Villa Inc
EIN
25-1700573
Phone
4124819005
Address
118 52nd Street, Pittsburgh, PA 15201

Signing Officer

Name
John O'Britz
Title
Treasurer
Signed
2016-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John O'Britz
Formed
1992
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
2

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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