Civic Intelligence

Willow Glen Housing Inc.

990 • Fiscal year 2017 • EIN 26-1526578

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 05, 2018

Post Office Box 1254Dunn, NC 28335

(910) 892-0436

Siviq Scores

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

Liabilities / Assets

65th percentile

1.23x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

23.66x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Net Margin

4th percentile

-100%

Higher net margin than 4% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Asset Growth

20th percentile

-4.8%

Faster asset growth than 20% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

7.0%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,636,466

Down $182,419 (-4.8%) from 2016

Net Assets

Down

-$853,908

Down $190,213 (-29%) from 2016

Liabilities

Up

$4,490,374

Up $7,794 (+0.2%) from 2016

Revenue

Up

$189,792

Up $12,459 (+7.0%) from 2016

Expenses

Up

$380,005

Up $108,199 (+40%) from 2016

Net Income

Down

-$190,213

Down $95,740 (-101%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,402,926Liabilities 2010: $4,480,668Net Assets 2010: -$77,7422010Assets 2011: $4,326,691Liabilities 2011: $4,478,457Net Assets 2011: -$151,7662011Assets 2012: $4,270,649Liabilities 2012: $4,479,112Net Assets 2012: -$208,4632012Assets 2013: $4,232,471Liabilities 2013: $4,525,630Net Assets 2013: -$293,1592013Assets 2014: $4,016,100Liabilities 2014: $4,475,673Net Assets 2014: -$459,5732014Assets 2015: $3,908,597Liabilities 2015: $4,477,819Net Assets 2015: -$569,2222015Assets 2016: $3,818,885Liabilities 2016: $4,482,580Net Assets 2016: -$663,6952016Assets 2017: $3,636,466Liabilities 2017: $4,490,374Net Assets 2017: -$853,9082017Assets 2018: $3,555,451Liabilities 2018: $4,526,562Net Assets 2018: -$971,1112018Assets 2019: $3,423,999Liabilities 2019: $4,490,804Net Assets 2019: -$1,066,8052019Assets 2020: $3,360,159Liabilities 2020: $4,485,280Net Assets 2020: -$1,125,1212020Assets 2021: $3,276,617Liabilities 2021: $4,475,861Net Assets 2021: -$1,199,2442021Assets 2022: $3,206,374Liabilities 2022: $4,535,371Net Assets 2022: -$1,328,9972022Assets 2023: $3,129,548Liabilities 2023: $4,513,635Net Assets 2023: -$1,384,0872023Assets 2024: $3,002,431Liabilities 2024: $4,485,393Net Assets 2024: -$1,482,9622024

Highlighted filing

2017

Assets$3,636,466
Liabilities$4,490,374
Net Assets-$853,908

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $225,2822010Expenses 2011: $255,2412011Expenses 2012: $234,8882012Revenue 2013: $174,663Expenses 2013: $259,359Net Income 2013: -$84,6962013Revenue 2014: $171,882Expenses 2014: $338,296Net Income 2014: -$166,4142014Revenue 2015: $174,519Expenses 2015: $284,169Net Income 2015: -$109,6502015Revenue 2016: $177,333Expenses 2016: $271,806Net Income 2016: -$94,4732016Revenue 2017: $189,792Expenses 2017: $380,005Net Income 2017: -$190,2132017Revenue 2018: $202,171Expenses 2018: $319,374Net Income 2018: -$117,2032018Revenue 2019: $204,632Expenses 2019: $300,326Net Income 2019: -$95,6942019Revenue 2020: $223,215Expenses 2020: $281,531Net Income 2020: -$58,3162020Revenue 2021: $249,750Expenses 2021: $323,873Net Income 2021: -$74,1232021Revenue 2022: $241,522Expenses 2022: $344,838Net Income 2022: -$103,3162022Revenue 2023: $259,894Expenses 2023: $314,984Net Income 2023: -$55,0902023Revenue 2024: $297,338Expenses 2024: $396,213Net Income 2024: -$98,8752024

Highlighted filing

2017

Revenue$189,792
Expenses$380,005
Net Income-$190,213
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 5, 2018
Return Version
2017v2.2
Gross Receipts
$189,792
Mission and Program Overview

Mission

Reduced rent housing for elderly and handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,267,657$3,147,367▼ $120,290
Cash and Non-Interest-Bearing Accounts$18,545$16,641▼ $1,904
Prepaid Expenses and Deferred Charges$2,650$2,926▲ $276
Accounts Receivable$577$487▼ $90
Total Assets$3,818,885$3,636,466▼ $182,419
Other Assets Total$529,456$469,045▼ $60,411
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,459,200$4,459,200→ $0
Accounts Payable and Accrued Expenses$11,481$19,345▲ $7,864
Other Liabilities$10,760$11,160▲ $400
Deferred Revenue$1,139$669▼ $470
Total Liabilities$4,482,580$4,490,374▲ $7,794
Net Assets / Fund Balance
Unrestricted Net Assets$-663,695$-853,908▼ $190,213
Total Net Assets Fund Balance$-663,695$-853,908▼ $190,213
Total Liabilities and Net Assets / Fund Balance$3,818,885$3,636,466▼ $182,419

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,779,801$736,997-
Other Land Buildings$4,374$42,393-
Land$192,000--
Equipment$5,632$74,202-
Leasehold Improvements$165,560$122,340-
Other Assets Org$845--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gene T JerniganAsst Sec/Director
Sylvia W CraftAsst Sec/Director
Don G WellonsPres/Director
Shirley P GodwinSec/Treas/Director
John H Wellons JrVice Pres/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$189,048
Investment Income
$744
Other Revenue
$0
Change in Net Assets
$-190,213

Audited Revenue Reconciliation

Revenue per Audited Statements
$189,792
Total Revenue per Audited Statements
$189,792
Total Revenue per Form 990
$189,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,511
Salaries, Compensation, and Employee Benefits$58,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$120,903$0$0$120,903
Other Salaries and Wages$0$47,921$0$47,921
Fees for Services Management$0$20,520$0$20,520
Insurance$8,239$0$0$8,239
Office Expenses$0$8,050$0$8,050
Fees for Services Accounting$0$7,524$0$7,524
Other Employee Benefits$0$6,088$0$6,088
Occupancy$5,958$0$0$5,958
Payroll Taxes$0$4,485$0$4,485
Advertising$2,674$0$0$2,674
Conferences and Meetings$0$1,919$0$1,919
Travel$0$475$0$475
Other Expenses$322$0$0$322
Total Functional Expenses$283,023$96,982$0$380,005

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$380,005
Total Expenses per Audited Statements$380,005
Total Expenses per Form 990$380,005
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$11,160
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
Filing and Contact Details

Filer

Filer Name
Willow Glen Housing Inc
EIN
26-1526578
Phone
9108920436
Address
Post Office Box 1254, Dunn, NC 28335

Signing Officer

Name
Don G Wellons
Title
President
Phone
9108920436
Signed
2018-04-05
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Patterson & Associates PLLC
Address
4248 FAYETTEVILLE ROAD, LUMBERTON, NC 28359
Preparer
Matthew a Patterson CPA
Phone
9107381448
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Several Board members share a family relationship.

Pt VI, Line 11B

Organization makes 990 available to Board members who wish to inspect prior to filing.

Pt VI, Line 12C

Conflict of interest policy is reviewed annually during Board meetings.

Pt VI, Line 15A

Organization reimburses management company for payroll related expenses.

Pt VI, Line 15B

Organization reimburses management company for payroll related expenses.

Pt VI, Line 19

Organization has a copy of 990 available for inspection.

Raw XML AppendixShowing 400 of 404 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.

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IRS990/Desc0PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH REDUCED RENT HOUSING AND SERVICES SPECIALLY DESIGNED TO MEET PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
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IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN H WELLONS JR
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IRS990ScheduleA/PublicSupportPY509Pct00.99520
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0884320
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0189048
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0176573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0173780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0171118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0173801
IRS990ScheduleA/Total509Grp/TotalAmt0884320
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0888189
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02779801
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0736997
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03516798
IRS990ScheduleD/EquipmentGrp/BookValueAmt05632
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074202
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt079834
IRS990ScheduleD/ExpensesSubtotalAmt0380005
IRS990ScheduleD/LandGrp/BookValueAmt0192000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0192000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0165560
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0122340
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0287900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0468200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1845
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CASH DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04374
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042393
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt046767
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Deposits
IRS990ScheduleD/RevenueSubtotalAmt0189792
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03147367
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0469045
IRS990ScheduleD/TotalExpensesPerForm990Amt0380005
IRS990ScheduleD/TotalLiabilityAmt011160
IRS990ScheduleD/TotalRevenuePerForm990Amt0189792
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0189792
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0380005
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Several Board members share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization makes 990 available to Board members who wish to inspect prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict of interest policy is reviewed annually during Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization has a copy of 990 available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03818885
IRS990/TotalAssetsEOYAmt03636466
IRS990/TotalAssetsGrp/BOYAmt03818885
IRS990/TotalAssetsGrp/EOYAmt03636466
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096982
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0380005
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04482580
IRS990/TotalLiabilitiesEOYAmt04490374
IRS990/TotalLiabilitiesGrp/BOYAmt04482580
IRS990/TotalLiabilitiesGrp/EOYAmt04490374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-663695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-853908
IRS990/TotalProgramServiceExpensesAmt0283023
IRS990/TotalProgramServiceRevenueAmt0189048
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0189792
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189792
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03818885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03636466
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0475
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0475
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-663695
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-853908
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 1254
IRS990/USAddress/CityNm0Dunn
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028335
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON G WELLONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09108920436
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Willow Glen Housing Inc
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0261526578
ReturnHeader/Filer/PhoneNum09108920436
ReturnHeader/Filer/USAddress/AddressLine1Txt0Post Office Box 1254
ReturnHeader/Filer/USAddress/CityNm0Dunn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028335
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0347DF021241DBFB47D6EFDE661ABA5063D1EB2FB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0347DF021241DBFB47D6EFDE661ABA5063D1EB2FB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.63.77.251
ReturnHeader/FilingSecurityInformation/IPDt02018-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:09:44
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Patterson & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04248 FAYETTEVILLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUMBERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028359
ReturnHeader/PreparerPersonGrp/PhoneNum09107381448
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW A PATTERSON CPA
ReturnHeader/ReturnTs02018-05-08T10:09:49-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$4.49$1.48$0.30$0.40$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$4.51$1.38$0.26$0.31$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$4.54$1.33$0.24$0.34$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$4.48$1.20$0.25$0.32$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$4.49$1.13$0.22$0.28$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$4.49$1.07$0.20$0.30$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$4.53$0.97$0.20$0.32$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.64$4.49$0.85$0.19$0.38$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$4.48$0.66$0.18$0.27$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$4.48$0.57$0.17$0.28$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.02$4.48$0.46$0.17$0.34$0.17
2013Detailed filing. Detailed filing data is available for this year.$4.23$4.53$0.29$0.17$0.26$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$4.48$0.21$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$4.48$0.15$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$4.48$0.08$0.23