Civic Intelligence

The Haven on Broad Inc

EIN 26-1698420 • 501(c)3 • Cairo, GA

Profile

Provided housing to low income elderly persons by operating an apartment community regulated by the u.s. Department of housing and urban development under section 202 of the national housing act of 1959.

PO Box 402Cairo, GA 39828

na

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.62x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

20.96x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-56%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-3.8%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.0%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,013,312

Down $39,745 (-3.8%) from 2023

Liabilities

Up

$1,636,570

Up $3,872 (+0.2%) from 2023

Net Assets

Down

-$623,258

Down $43,617 (-7.5%) from 2023

Revenue

Up

$78,094

Up $2,988 (+4.0%) from 2023

Expenses

Up

$121,711

Up $9,692 (+8.7%) from 2023

Net Income

Down

-$43,617

Down $6,704 (-18%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2020: $1,143,064Liabilities 2020: $1,605,051Net Assets 2020: -$461,9872020Assets 2021: $1,112,475Liabilities 2021: $1,611,806Net Assets 2021: -$499,3312021Assets 2022: $1,080,667Liabilities 2022: $1,623,395Net Assets 2022: -$542,7282022Assets 2023: $1,053,057Liabilities 2023: $1,632,698Net Assets 2023: -$579,6412023Assets 2024: $1,013,312Liabilities 2024: $1,636,570Net Assets 2024: -$623,2582024

Highlighted filing

2024

Assets$1,013,312
Liabilities$1,636,570
Net Assets-$623,258

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $71,315Expenses 2020: $102,205Net Income 2020: -$30,8902020Revenue 2021: $62,476Expenses 2021: $99,820Net Income 2021: -$37,3442021Revenue 2022: $72,251Expenses 2022: $115,648Net Income 2022: -$43,3972022Revenue 2023: $75,106Expenses 2023: $112,019Net Income 2023: -$36,9132023Revenue 2024: $78,094Expenses 2024: $121,711Net Income 2024: -$43,6172024

Highlighted filing

2024

Revenue$78,094
Expenses$121,711
Net Income-$43,617

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 11, 2025
Return Version
2024v5.2
Gross Receipts
$78,094
Mission and Program Overview

Mission

Provided housing to low income elderly persons by operating an apartment community regulated by the u.s. Department of housing and urban development under section 202 of the national housing act of 1959.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$991,385$956,372▼ $35,013
Cash and Non-Interest-Bearing Accounts$5,054$1,114▼ $3,940
Prepaid Expenses and Deferred Charges$8,031$441▼ $7,590
Total Assets$1,053,057$1,013,312▼ $39,745
Other Assets Total$48,587$55,385▲ $6,798
Liabilities
Other Liabilities$1,585,576$1,586,551▲ $975
Accounts Payable and Accrued Expenses$47,122$50,019▲ $2,897
Total Liabilities$1,632,698$1,636,570▲ $3,872
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-579,641$-623,258▼ $43,617
Total Net Assets Fund Balance$-579,641$-623,258▼ $43,617
Total Liabilities and Net Assets / Fund Balance$1,053,057$1,013,312▼ $39,745

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$859,550$527,575$1,387,125
Land$95,000-$95,000
Other Land Buildings$1,822$88,788$90,610
Other Assets Org$8,280--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Johnny H MoorePresident
Bubba KnightDirector
Larry WilliamsDirector
Philip PalmerDirector
Ray JoynerDirector
Richard CastilloDirector
Tony GurleyDirector
Wayne MorganDirector
Julie BarrineauSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$77,696
Investment Income
$398
Other Revenue
$0
Change in Net Assets
$-43,617

Audited Revenue Reconciliation

Revenue per Audited Statements
$78,094
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$78,094
Total Revenue per Form 990
$78,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,316
Salaries, Compensation, and Employee Benefits$27,395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$35,013--$35,013
Other Salaries and Wages$27,395--$27,395
Other Expenses$18,214--$18,214
Insurance$16,244--$16,244
Fees for Services Management-$9,102-$9,102
Occupancy$7,083--$7,083
Fees for Services Accounting-$5,800-$5,800
Information Technology$2,173--$2,173
Office Expenses$687--$687
Total Functional Expenses$106,809$14,902$0$121,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$121,711
Total Expenses per Audited Statements$121,711
Total Expenses per Form 990$121,711
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Advance$1,578,800
Tenant Security Deposits$5,391
Due to Affiliate$2,360
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has entered into a management agreement with a management company for day-to-day management of the apartment community as is common practice for owners/operators of hud-assisted rental communities. Family worship center church of god, inc manages the project and is affiliated with the organization.

Form 990, Part VI, Section B, Line 11B

The return is prepared by a certified public accounting firm and provided to the secretary/treasurer for initial review and approval. After any questions and comments from the secretary/treasurer are addressed, the return is provided to the board of directors for final review. After any questions and comments from the board of directors are addressed, the final approved return is signed and filed by the designated board officer.

Form 990, Part VI, Section B, Line 12C

Compliance is monitored at regularly scheduled meetings of the board of directors and at other times, if needed.

Form 990, Part VI, Section C, Line 19

Documents are maintained by the board of directors and copies are provided upon request.

Filing and Contact Details

Filer

Filer Name
The Haven on Broad Inc
EIN
26-1698420
Phone
2293783633
Address
PO BOX 402, CAIRO, GA 39828

Signing Officer

Name
Julie Barrineau
Title
Treasurer
Phone
2293783633
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johnny H Moore
Formed
2008
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The housing corporation is exempt from federal income taxes under section 501(c) (3) of the internal revenue code. The housing corporation has adopted accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation had no impact on the housing corporation's statement of financial position or statement of activities. The housing corporation does not believe its financial statements include any uncertain tax positions and that no income taxes are due for its activities. Therefore, no provision for income taxes is included in the financial statements.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0358376
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0398
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0274
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0866
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99760
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt0358376
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt077696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt072181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt071256
IRS990ScheduleA/Total509Grp/TotalAmt0358376
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt078094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt075106
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt062476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt071315
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0359242
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0859550
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0527575
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01387125
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0121711
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt095000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt095000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09741
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233931
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt38280
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01822
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt088788
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt090610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01578800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt078094
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE HOUSING CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE HOUSING CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE HOUSING CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE HOUSING CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0956372
IRS990ScheduleD/TotalBookValueOtherAssetsAmt055385
IRS990ScheduleD/TotalExpensesPerForm990Amt0121711
IRS990ScheduleD/TotalLiabilityAmt01586551
IRS990ScheduleD/TotalRevenuePerForm990Amt078094
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt078094
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0121711
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS COMMON PRACTICE FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. FAMILY WORSHIP CENTER CHURCH OF GOD, INC MANAGES THE PROJECT AND IS AFFILIATED WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE SECRETARY/TREASURER FOR INITIAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE SECRETARY/TREASURER ARE ADDRESSED, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD OF DIRECTORS ARE ADDRESSED, THE FINAL APPROVED RETURN IS SIGNED AND FILED BY THE DESIGNATED BOARD OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE IS MONITORED AT REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS AND AT OTHER TIMES, IF NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE HAVEN ON BROAD SOUTH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0273727630
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING FOR LOW INCOME ELDERLY PERSONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 402
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CAIRO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd039828
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01053057
IRS990/TotalAssetsEOYAmt01013312
IRS990/TotalAssetsGrp/BOYAmt01053057
IRS990/TotalAssetsGrp/EOYAmt01013312
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0106809
IRS990/TotalFunctionalExpensesGrp/TotalAmt0121711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01632698
IRS990/TotalLiabilitiesEOYAmt01636570
IRS990/TotalLiabilitiesGrp/BOYAmt01632698
IRS990/TotalLiabilitiesGrp/EOYAmt01636570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-579641
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-623258

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