Civic Intelligence

Goodwill Villa Inc

990 • Fiscal year 2016 • EIN 25-1700573

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

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

1.57x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

7.62x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

23rd percentile

-8.9%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

32nd percentile

-2.5%

Faster asset growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-1.0%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,000,638

Down $51,099 (-2.5%) from 2015

Net Assets

Down

-$1,138,748

Down $36,526 (-3.3%) from 2015

Liabilities

Down

$3,139,386

Down $14,573 (-0.5%) from 2015

Revenue

Down

$411,881

Down $4,210 (-1.0%) from 2015

Expenses

Down

$448,407

Down $38,649 (-7.9%) from 2015

Net Income

Up

-$36,526

Up $34,439 (+49%) from 2015

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

2016

Assets$2,000,638
Liabilities$3,139,386
Net Assets-$1,138,748

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

2016

Revenue$411,881
Expenses$448,407
Net Income-$36,526
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$411,881
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$1,834,307$1,798,045▼ $36,262
Cash and Non-Interest-Bearing Accounts$109,730$90,319▼ $19,411
Prepaid Expenses and Deferred Charges$8,452$6,720▼ $1,732
Accounts Receivable$653$860▲ $207
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$2,051,737$2,000,638▼ $51,099
Other Assets Total$98,595$104,694▲ $6,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,007,200$3,007,200→ $0
Accounts Payable and Accrued Expenses$130,170$114,959▼ $15,211
Other Liabilities$16,589$17,227▲ $638
Total Liabilities$3,153,959$3,139,386▼ $14,573
Net Assets / Fund Balance
Unrestricted Net Assets$-1,102,222$-1,138,748▼ $36,526
Total Net Assets Fund Balance$-1,102,222$-1,138,748▼ $36,526
Total Liabilities and Net Assets / Fund Balance$2,051,737$2,000,638▼ $51,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,619,070$1,701,907$3,320,977
Land$172,642-$172,642
Other Land Buildings$6,333$55,220$61,553
Other Assets Org$17,716--
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
Robert StapeDirector
John O'BritzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$204,102
Program Service Revenue
$197,597
Investment Income
$389
Other Revenue
$9,793
Change in Net Assets
$-36,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$411,881
Total Revenue per Audited Statements
$411,881
Total Revenue per Form 990
$411,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$369,486
Salaries, Compensation, and Employee Benefits$78,921
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$94,918--$94,918
Occupancy$85,661--$85,661
Other Salaries and Wages$32,942$31,352-$64,294
Fees for Services Management-$31,752-$31,752
Office Expenses$17,601$10,134-$27,735
Insurance$19,097--$19,097
Fees for Services Accounting-$17,032-$17,032
Other Employee Benefits$9,693--$9,693
Other Expenses$7,797$5,195-$5,195
Payroll Taxes$4,934--$4,934
All Other Expenses-$942-$942
Conferences and Meetings-$431-$431
Fees for Services Legal-$68-$68
Total Functional Expenses$351,501$96,906$0$448,407

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$448,407
Total Expenses per Audited Statements$448,407
Total Expenses per Form 990$448,407
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$17,227
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
2017-07-05
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
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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