Civic Intelligence

R3Sm Inc.

990 • Fiscal year 2014 • EIN 26-1666534

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 15, 2015

PO Box 1506Hattiesburg, MS 39403

(601) 544-5115

Siviq Scores

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

Liabilities / Assets

49th percentile

0.10x

Higher debt load relative to assets than 49% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.26x

Higher debt load relative to revenue than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

60th percentile

7.9%

Faster revenue growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,694,984

Down $191,907 (-10%) from 2013

Net Assets

Down

$1,520,404

Down $176,382 (-10%) from 2013

Liabilities

Down

$174,580

Down $15,525 (-8.2%) from 2013

Revenue

Up

$681,745

Up $49,962 (+7.9%) from 2013

Expenses

Down

$858,127

Down $169,540 (-16%) from 2013

Net Income

Up

-$176,382

Up $219,502 (+55%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,201,753Liabilities 2011: $271,686Net Assets 2011: $1,930,0672011Assets 2012: $2,280,490Liabilities 2012: $187,820Net Assets 2012: $2,092,6702012Assets 2013: $1,886,891Liabilities 2013: $190,105Net Assets 2013: $1,696,7862013Assets 2014: $1,694,984Liabilities 2014: $174,580Net Assets 2014: $1,520,4042014Assets 2015: $1,063,187Liabilities 2015: $261,112Net Assets 2015: $802,0752015Assets 2016: $1,021,772Liabilities 2016: $231,668Net Assets 2016: $790,1042016Assets 2017: $1,713,157Liabilities 2017: $388,330Net Assets 2017: $1,324,8272017Assets 2018: $1,387,376Liabilities 2018: $86,509Net Assets 2018: $1,300,8672018Assets 2019: $1,131,993Liabilities 2019: $23,075Net Assets 2019: $1,108,9182019Assets 2020: $1,152,912Liabilities 2020: $66,287Net Assets 2020: $1,086,6252020Assets 2021: $1,052,769Liabilities 2021: $5,040Net Assets 2021: $1,047,7292021Assets 2022: $1,087,099Liabilities 2022: $17,907Net Assets 2022: $1,069,1922022Assets 2023: $983,272Liabilities 2023: $3,465Net Assets 2023: $979,8072023Assets 2024: $862,025Liabilities 2024: $3,465Net Assets 2024: $858,5602024

Highlighted filing

2014

Assets$1,694,984
Liabilities$174,580
Net Assets$1,520,404

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $797,0302011Expenses 2012: $387,5812012Revenue 2013: $631,783Expenses 2013: $1,027,667Net Income 2013: -$395,8842013Revenue 2014: $681,745Expenses 2014: $858,127Net Income 2014: -$176,3822014Revenue 2015: $136,182Expenses 2015: $854,511Net Income 2015: -$718,3292015Revenue 2016: $99,718Expenses 2016: $111,689Net Income 2016: -$11,9712016Revenue 2017: $2,010,629Expenses 2017: $1,525,906Net Income 2017: $484,7232017Revenue 2018: $1,810,647Expenses 2018: $1,844,607Net Income 2018: -$33,9602018Revenue 2019: $996,011Expenses 2019: $1,187,960Net Income 2019: -$191,9492019Revenue 2020: $630,726Expenses 2020: $653,019Net Income 2020: -$22,2932020Revenue 2021: $566,847Expenses 2021: $605,743Net Income 2021: -$38,8962021Revenue 2022: $533,630Expenses 2022: $512,167Net Income 2022: $21,4632022Revenue 2023: $126,460Expenses 2023: $215,845Net Income 2023: -$89,3852023Revenue 2024: $37,308Expenses 2024: $158,555Net Income 2024: -$121,2472024

Highlighted filing

2014

Revenue$681,745
Expenses$858,127
Net Income-$176,382
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 15, 2015
Return Version
2014v5.0
Gross Receipts
$681,745
Mission and Program Overview

Mission

The corporation is a non-profit 501(c)(3) corporation formed on march 24, 2008 for the purpose to help the most vulnerable of the mississippi pine belt recover from natural disasters, substandard housing, economic crisis, and the toxic effects of chronic poverty, rebuild their homes, communities, and lives, and restore financial stability, dignity, and hope.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,044,575$1,012,373▼ $32,202
Inventories for Sale or Use$700,000$558,565▼ $141,435
Cash and Non-Interest-Bearing Accounts$106,433$114,897▲ $8,464
Accounts Receivable$27,444--
Total Assets$1,886,891$1,694,984▼ $191,907
Other Assets Total$8,439$9,149▲ $710
Liabilities
Mortgage Notes Payable Secured by Investment Property$176,869$168,521▼ $8,348
Accounts Payable and Accrued Expenses$9,768--
Other Liabilities$3,468$6,059▲ $2,591
Total Liabilities$190,105$174,580▼ $15,525
Net Assets / Fund Balance
Unrestricted Net Assets$1,696,786$1,520,404▼ $176,382
Total Net Assets Fund Balance$1,696,786$1,520,404▼ $176,382
Total Liabilities and Net Assets / Fund Balance$1,886,891$1,694,984▼ $191,907

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$989,851$106,216$1,096,067
Land$22,522-$22,522
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$649,015
Program Service Revenue
$32,730
Investment Income
$0
Other Revenue
$0
All Other Contributions
$265,950
Change in Net Assets
$-176,382

Audited Revenue Reconciliation

Revenue per Audited Statements
$681,745
Total Revenue per Audited Statements
$681,745
Total Revenue per Form 990
$681,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$682,140
Salaries, Compensation, and Employee Benefits$175,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$551,615$52,958-$604,573
Other Salaries and Wages$94,475$39,096-$133,571
Depreciation Depletion$1,163$31,039-$32,202
Payroll Taxes$23,686$4,360-$28,046
Insurance$11,757$9,283-$21,040
Office Expenses$5,026$12,001-$17,027
Other Employee Benefits$14,370--$14,370
Interest$5,944--$5,944
Travel$1,354--$1,354
Total Functional Expenses$709,390$148,737$0$858,127

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$858,127
Total Expenses per Audited Statements$858,127
Total Expenses per Form 990$858,127
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
Other Payable$5,500
Security Deposit$500
Payroll and Other Liabilities$59
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
R3sm Inc
EIN
26-1666534
Address
PO BOX 1506, HATTIESBURG, MS 39403

Signing Officer

Name
Demetria Simpson
Title
Executive Director
Signed
2015-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Demetria Simpson
Voting Board Members
10
Independent Board Members
10
Employees
14

Preparer

Firm
Herzog CPA Company Pllc
Address
PO BOX 17986, HATTIESBURG, MS 39404
Preparer
Angela T Herzog
Phone
6012718860
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is a non-profit 501(c)(3) corporation formed on march 24, 2008 for the purpose to help the most vulnerable of the mississippi pine belt recover from natural disasters, substandard housing, economic crisis, and the toxic effects of chronic poverty, rebuild their homes, communities, and lives, and restore financial stability, dignity, and hope.

Form 990, Page 2, Part III, Line 4D

To help the most vulnerable of the mississippi pine belt recover from natural disasters, substandard housing, economic crisis, and the toxic effects of chronic poverty, rebuild their homes, communities, and lives, and restore financial stability, dignity, and hope.

Form 990, Part IX, Line 11G

Bank charges 0 66 0 dues and subscriptions 0 440 0 equipment rental 41 0 0 loss on sale of asset 139,641 0 0 janitorial 0 1,705 0 labor 38,677 2,296 0 local taxes 0 2,691 0 material and supplies 351,564 0 0 miscellaneous 16,313 4,163 0 pest control 0 482 0 professional fees 4,399 5,304 0 repairs 0 10,008 0 security 0 5,959 0 telephone 317 7,461 0 training 629 0 0 utilities 34 12,383 0

Raw XML Appendix358 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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IRS990ScheduleA/PublicSupportPY170Pct00.99990
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0631783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0548094
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01956423
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01228239
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05013554
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IRS990ScheduleD/LandGrp/BookValueAmt022522
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022522
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0989851
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106216
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01096067
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL AND OTHER LIABILITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A NON-PROFIT 501(C)(3) CORPORATION FORMED ON MARCH 24, 2008 FOR THE PURPOSE TO HELP THE MOST VULNERABLE OF THE MISSISSIPPI PINE BELT RECOVER FROM NATURAL DISASTERS, SUBSTANDARD HOUSING, ECONOMIC CRISIS, AND THE TOXIC EFFECTS OF CHRONIC POVERTY, REBUILD THEIR HOMES, COMMUNITIES, AND LIVES, AND RESTORE FINANCIAL STABILITY, DIGNITY, AND HOPE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO HELP THE MOST VULNERABLE OF THE MISSISSIPPI PINE BELT RECOVER FROM NATURAL DISASTERS, SUBSTANDARD HOUSING, ECONOMIC CRISIS, AND THE TOXIC EFFECTS OF CHRONIC POVERTY, REBUILD THEIR HOMES, COMMUNITIES, AND LIVES, AND RESTORE FINANCIAL STABILITY, DIGNITY, AND HOPE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES 0 66 0 DUES AND SUBSCRIPTIONS 0 440 0 EQUIPMENT RENTAL 41 0 0 LOSS ON SALE OF ASSET 139,641 0 0 JANITORIAL 0 1,705 0 LABOR 38,677 2,296 0 LOCAL TAXES 0 2,691 0 MATERIAL AND SUPPLIES 351,564 0 0 MISCELLANEOUS 16,313 4,163 0 PEST CONTROL 0 482 0 PROFESSIONAL FEES 4,399 5,304 0 REPAIRS 0 10,008 0 SECURITY 0 5,959 0 TELEPHONE 317 7,461 0 TRAINING 629 0 0 UTILITIES 34 12,383 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TempOrPermanentEndowmentsInd0false
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IRS990/TotalEmployeeCnt014
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0709390
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IRS990/TotalOtherProgSrvcExpenseAmt0709390
IRS990/TotalProgramServiceExpensesAmt0709390
IRS990/TotalProgramServiceRevenueAmt032730
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt032730
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01886891
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01694984
IRS990/TravelGrp/ProgramServicesAmt01354
IRS990/TravelGrp/TotalAmt01354
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01696786
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEMETRIA SIMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0R3SM INC
ReturnHeader/Filer/BusinessNameControlTxt0R3SM
ReturnHeader/Filer/EIN0261666534
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1506
ReturnHeader/Filer/USAddress/CityNm0HATTIESBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039403
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERZOG CPA COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 17986
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HATTIESBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039404
ReturnHeader/PreparerPersonGrp/PhoneNum06012718860
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA T HERZOG
ReturnHeader/ReturnTs02015-08-15T15:13:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.04$0.16$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.13$0.22$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.07$0.53$0.51$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.05$0.57$0.61$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.07$1.09$0.63$0.65$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$1.00$1.19$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.09$1.30$1.81$1.84$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.39$1.32$2.01$1.53$0.48
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.23$0.79$0.10$0.11$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.26$0.80$0.14$0.85$0.72
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.17$1.52$0.68$0.86$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.19$1.70$0.63$1.03$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.19$2.09$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.27$1.93$0.80