Civic Intelligence

Destiny Towers Inc.

990 • Fiscal year 2015 • EIN 26-1483697

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 31, 2016

Organization ProfileN/A
4250 N NewtonKansas City, MO 64117

(888) 680-0909

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

22nd percentile

-4.4%

Faster asset growth than 22% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$5,094,979

Down $235,432 (-4.4%) from 2014

Net Assets

Down

$146,460

Down $219,700 (-60%) from 2014

Liabilities

Down

$4,948,519

Down $15,732 (-0.3%) from 2014

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Up

-$219,700

Up $3,554 (+1.6%) from 2014

Expenses

Flat

$0

Flat from 2014

Net Income

Up

-$219,700

Up $3,554 (+1.6%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $6,010,165Liabilities 2011: $4,986,095Net Assets 2011: $1,024,0702011Assets 2012: $5,773,473Liabilities 2012: $5,005,340Net Assets 2012: $768,1332012Assets 2013: $5,538,886Liabilities 2013: $4,949,472Net Assets 2013: $589,4142013Assets 2014: $5,330,411Liabilities 2014: $4,964,251Net Assets 2014: $366,1602014Assets 2015: $5,094,979Liabilities 2015: $4,948,519Net Assets 2015: $146,4602015Assets 2016: $4,890,740Liabilities 2016: $4,945,995Net Assets 2016: -$55,2552016Assets 2017: $4,676,637Liabilities 2017: $4,936,243Net Assets 2017: -$259,6062017Assets 2018: $4,492,137Liabilities 2018: $5,002,011Net Assets 2018: -$509,8742018Assets 2019: $4,292,160Liabilities 2019: $5,052,601Net Assets 2019: -$760,4412019Assets 2020: $4,068,384Liabilities 2020: $5,048,863Net Assets 2020: -$980,4792020Assets 2021: $3,837,848Liabilities 2021: $5,043,906Net Assets 2021: -$1,206,0582021Assets 2022: $3,698,175Liabilities 2022: $5,087,107Net Assets 2022: -$1,388,9322022Assets 2023: $3,530,159Liabilities 2023: $5,122,680Net Assets 2023: -$1,592,5212023Assets 2024: $3,308,136Liabilities 2024: $5,055,616Net Assets 2024: -$1,747,4802024

Highlighted filing

2015

Assets$5,094,979
Liabilities$4,948,519
Net Assets$146,460
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2011: $02011Expenses 2012: $02012Revenue 2013: -$247,975Expenses 2013: $0Net Income 2013: -$247,9752013Revenue 2014: -$223,254Expenses 2014: $0Net Income 2014: -$223,2542014Revenue 2015: -$219,700Expenses 2015: $0Net Income 2015: -$219,7002015Revenue 2016: -$201,715Expenses 2016: $0Net Income 2016: -$201,7152016Revenue 2017: -$204,351Expenses 2017: $0Net Income 2017: -$204,3512017Revenue 2018: -$250,268Expenses 2018: $0Net Income 2018: -$250,2682018Revenue 2019: -$250,567Expenses 2019: $0Net Income 2019: -$250,5672019Revenue 2020: -$220,038Expenses 2020: $0Net Income 2020: -$220,0382020Revenue 2021: $362,667Expenses 2021: $588,246Net Income 2021: -$225,5792021Revenue 2022: $421,934Expenses 2022: $604,808Net Income 2022: -$182,8742022Revenue 2023: $464,158Expenses 2023: $667,747Net Income 2023: -$203,5892023Revenue 2024: $482,252Expenses 2024: $637,211Net Income 2024: -$154,9592024

Highlighted filing

2015

Revenue-$219,700
Expenses$0
Net Income-$219,700
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 31, 2016
Return Version
2015v2.1
Gross Receipts
$303,979
Mission and Program Overview

Mission

Provide housing to very low-income

Provide housing to very low-income elderly persons and very low-income persons with disabilities, subject to regulations provided by the Department of Housing and Urban Development (HUD) as to rental charges and operating methods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,204,688$4,970,558▼ $234,130
Cash and Non-Interest-Bearing Accounts$26,622$21,664▼ $4,958
Accounts Receivable$2,359$135▼ $2,224
Total Assets$5,330,411$5,094,979▼ $235,432
Other Assets Total$96,742$102,622▲ $5,880
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,918,487$4,918,487→ $0
Accounts Payable and Accrued Expenses$45,764$30,032▼ $15,732
Total Liabilities$4,964,251$4,948,519▼ $15,732
Net Assets / Fund Balance
Unrestricted Net Assets$366,160$146,460▼ $219,700
Total Net Assets Fund Balance$366,160$146,460▼ $219,700
Total Liabilities and Net Assets / Fund Balance$5,330,411$5,094,979▼ $235,432

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,352,185$1,257,728-
Other Land Buildings$223,834--
Land$346,050--
Equipment$48,489--
Other Assets Org$102,622--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Dr Terrence PrattPresident
Cecil ClaytonVice President
Olisa GravneyBoard Member
Pastor Wallace HartsfieldBoard Member
Wiley WilliamsBoard Member
Dr Joyce Moore-stovalSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$178,386
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$-398,096
All Other Contributions
$178,386
Change in Net Assets
$-219,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$-219,700
Total Revenue per Audited Statements
$-219,700
Total Revenue per Form 990
$-219,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Destiny Towers Inc
EIN
26-1483697
Phone
8886800909
Address
4250 N Newton, KANSAS CITY, MO 64117

Signing Officer

Name
Terrence Pratt
Title
Board President
Phone
8886800909
Signed
2016-03-31
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Ralph C Johnson & Company Pc
Address
106 W 11TH ST STE 1530, KANSAS CITY, MO 64105-1817
Preparer
Ralph C Johnson
Phone
8164728900
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Reviewed at schedule board meeting once available”

Pt VI, Line 12C

“Under hud guidelines policies and procedures monitored through monthly reporting to hud”

Pt VI, Line 19

“Request from destiny towers provided by fpd management, inc”

Pt VI, Line 3

“FPD MANAGEMENT INC”

Raw XML Appendix311 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045764
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030032
IRS990/AccountsReceivableGrp/BOYAmt02359
IRS990/AccountsReceivableGrp/EOYAmt0135
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide housing to very low-income elderly persons and very low-income persons with disabilities, subject to regulations provided by the Department of Housing and Urban Development (HUD) as to rental charges and operating methods.
IRS990/AllOtherContributionsAmt0178386
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FPD Management Inc
IRS990/BooksInCareOfDetail/PhoneNum08886800909
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04312 Long Creek Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038125
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt026622
IRS990/CashNonInterestBearingGrp/EOYAmt021664
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0178386
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0-398096
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-219700
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-219700
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0PROVIDE HOUSING TO VERY LOW-INCOME ELDERLY PERSONS AND VERY LOW-INCOME PERSONS WITH DISABILITIES, SUBJECT TO REGULATIONS PROVIDED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENTAL CHARGES AND OPERATING METHODS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DR TERRENCE PRATT
IRS990/Form990PartVIISectionAGrp/PersonNm1CECIL CLAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm2DR JOYCE MOORE-STOVAL
IRS990/Form990PartVIISectionAGrp/PersonNm3WILEY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4PASTOR WALLACE HARTSFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm5OLISA GRAVNEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0303979
IRS990/GrossRentsGrp/RealAmt0125583
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01257728
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05204688
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04970558
IRS990/LandBldgEquipCostOrOtherBssAmt06228286
IRS990/LegalDomicileStateCd0MO
IRS990/LessRentalExpensesGrp/RealAmt0523679
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide housing to very low-income
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04918487
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04918487
IRS990/NetAssetsOrFundBalancesBOYAmt0366160
IRS990/NetAssetsOrFundBalancesEOYAmt0146460
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-398096
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-398096
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt096742
IRS990/OtherAssetsTotalGrp/EOYAmt0102622
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0FPD Managment Inc
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0174110
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt046
IRS990/PYOtherRevenueAmt0-397410
IRS990/PYRevenuesLessExpensesAmt0-223254
IRS990/PYTotalRevenueAmt0-223254
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-219700
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-398096
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0303979
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0178386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0174110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0123558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt096740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0697528
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0697528
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0178386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0123558
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt096740
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0697528
IRS990ScheduleA/TotalSupportAmt0697528
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04352185
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01257728
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt05609913
IRS990ScheduleD/EquipmentGrp/BookValueAmt048489
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt048489
IRS990ScheduleD/LandGrp/BookValueAmt0346050
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0346050
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0102622
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Reserve for Replacement
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0223834
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0223834
IRS990ScheduleD/RevenueSubtotalAmt0-219700
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04970558
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0102622
IRS990ScheduleD/TotalRevenuePerForm990Amt0-219700
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-219700
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED AT SCHEDULE BOARD MEETING ONCE AVAILABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNDER HUD GUIDELINES POLICIES AND PROCEDURES MONITORED THROUGH MONTHLY REPORTING TO HUD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REQUEST FROM DESTINY TOWERS PROVIDED BY FPD MANAGEMENT, INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FPD MANAGEMENT INC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 3
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MO
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05330411
IRS990/TotalAssetsEOYAmt05094979
IRS990/TotalAssetsGrp/BOYAmt05330411
IRS990/TotalAssetsGrp/EOYAmt05094979
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0178386
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04964251
IRS990/TotalLiabilitiesEOYAmt04948519
IRS990/TotalLiabilitiesGrp/BOYAmt04964251
IRS990/TotalLiabilitiesGrp/EOYAmt04948519
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0366160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0146460
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-398086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-219700
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05330411
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05094979
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0366160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0146460
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04312 Long Creek Rd
IRS990/USAddress/CityNm0Memphis
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038125
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRENCE PRATT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08886800909
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESTINY TOWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0DEST
ReturnHeader/Filer/EIN0261483697
ReturnHeader/Filer/PhoneNum08886800909
ReturnHeader/Filer/USAddress/AddressLine1Txt04250 N Newton
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064117
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RALPH C JOHNSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 W 11TH ST STE 1530
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0641051817
ReturnHeader/PreparerPersonGrp/PhoneNum08164728900
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RALPH C JOHNSON
ReturnHeader/ReturnTs02016-04-04T09:09:18-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,094,979
Liabilities
$4,948,519
Net assets
$146,460
Revenue
-$219,700
Expenses
$0
Net income
-$219,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$5.06$1.75$0.48$0.64$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$5.12$1.59$0.46$0.67$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.70$5.09$1.39$0.42$0.60$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.84$5.04$1.21$0.36$0.59$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$5.05$0.98$0.22$0.00$0.22
2019Detailed filing. Detailed filing data is available for this year.$4.29$5.05$0.76$0.25$0.00$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.49$5.00$0.51$0.25$0.00$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$4.94$0.26$0.20$0.00$0.20
2016Detailed filing. Detailed filing data is available for this year.$4.89$4.95$0.06$0.20$0.00$0.20
2015Detailed filing. Detailed filing data is available for this year.$5.09$4.95$0.15$0.22$0.00$0.22
2014Detailed filing. Detailed filing data is available for this year.$5.33$4.96$0.37$0.22$0.00$0.22
2013Detailed filing. Detailed filing data is available for this year.$5.54$4.95$0.59$0.25$0.00$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.77$5.01$0.77$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$4.99$1.02$0.00