Civic Intelligence

Hancock Resource Center

990 • Fiscal year 2018 • EIN 26-3648017

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

454 Hwy 90Waveland, MS 39576

(228) 463-8887

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.57x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.10x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.0%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$94,583

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

48th percentile

0.6%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

4.0%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$210,131

Up $1,285 (+0.6%) from 2017

Net Assets

Up

$90,759

Up $13,127 (+17%) from 2017

Liabilities

Down

$119,372

Down $11,842 (-9.0%) from 2017

Revenue

Up

$1,255,156

Up $48,073 (+4.0%) from 2017

Expenses

Up

$1,242,030

Up $39,265 (+3.3%) from 2017

Net Income

Up

$13,126

Up $8,808 (+204%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $444,536Liabilities 2010: $189,417Net Assets 2010: $255,1192010Assets 2014: $346,596Liabilities 2014: $60,012Net Assets 2014: $286,5842014Assets 2015: $229,679Liabilities 2015: $106,939Net Assets 2015: $122,7402015Assets 2016: $198,453Liabilities 2016: $125,139Net Assets 2016: $73,3142016Assets 2017: $208,846Liabilities 2017: $131,214Net Assets 2017: $77,6322017Assets 2018: $210,131Liabilities 2018: $119,372Net Assets 2018: $90,7592018Assets 2019: $189,045Liabilities 2019: $148,429Net Assets 2019: $40,6162019Assets 2020: $372,636Liabilities 2020: $498,830Net Assets 2020: -$126,1942020Assets 2022: $408,019Liabilities 2022: $364,705Net Assets 2022: $43,3142022Assets 2023: $431,887Liabilities 2023: $388,981Net Assets 2023: $42,9062023Assets 2024: $341,109Liabilities 2024: $305,113Net Assets 2024: $35,9962024Assets 2025: $644,700Liabilities 2025: $649,382Net Assets 2025: -$4,6822025

Highlighted filing

2018

Assets$210,131
Liabilities$119,372
Net Assets$90,759

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,364,4092010Revenue 2014: $973,525Expenses 2014: $1,037,528Net Income 2014: -$64,0032014Revenue 2015: $832,069Expenses 2015: $997,779Net Income 2015: -$165,7102015Revenue 2016: $952,180Expenses 2016: $1,001,606Net Income 2016: -$49,4262016Revenue 2017: $1,207,083Expenses 2017: $1,202,765Net Income 2017: $4,3182017Revenue 2018: $1,255,156Expenses 2018: $1,242,030Net Income 2018: $13,1262018Revenue 2019: $1,193,410Expenses 2019: $1,237,043Net Income 2019: -$43,6332019Revenue 2020: $1,503,760Expenses 2020: $1,670,570Net Income 2020: -$166,8102020Revenue 2022: $2,260,359Expenses 2022: $2,071,991Net Income 2022: $188,3682022Revenue 2023: $1,968,027Expenses 2023: $1,968,435Net Income 2023: -$4082023Revenue 2024: $1,852,460Expenses 2024: $1,859,370Net Income 2024: -$6,9102024Revenue 2025: $2,334,242Expenses 2025: $2,334,920Net Income 2025: -$6782025

Highlighted filing

2018

Revenue$1,255,156
Expenses$1,242,030
Net Income$13,126
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$1,255,156
Mission and Program Overview

Mission

The hancock resource center works to stabilize families and strengthen the community. Our mission is accomplished by addressing obstacles and barriers to housing and coordinating services for families in need.

The Hancock Resource Center provides comprehensive coordination for the planning and implementation of county and municipal housing activities and services in three

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$126,438$143,294▲ $16,856
Pledges and Grants Receivable$46,109$20,155▼ $25,954
Savings and Temporary Cash Investments$18,087$18,177▲ $90
Cash and Non-Interest-Bearing Accounts$4,649$14,521▲ $9,872
Land, Buildings, and Equipment, Net$7,870$5,546▼ $2,324
Prepaid Expenses and Deferred Charges$5,693$4,538▼ $1,155
Total Assets$208,846$210,131▲ $1,285
Other Assets Total-$3,900-
Liabilities
Deferred Revenue$102,073$85,144▼ $16,929
Other Liabilities-$20,863-
Accounts Payable and Accrued Expenses$22,175$8,497▼ $13,678
Mortgage Notes Payable Secured by Investment Property$6,966$4,868▼ $2,098
Total Liabilities$131,214$119,372▼ $11,842
Net Assets / Fund Balance
Unrestricted Net Assets$77,632$90,759▲ $13,127
Total Net Assets Fund Balance$77,632$90,759▲ $13,127
Total Liabilities and Net Assets / Fund Balance$208,846$210,131▲ $1,285

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,546$42,092$47,638
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rhonda RhodesPresidentFT$94,583$94,583

Board Members and Trustees

NameTitle
Charles BenvenuttiBoard chairman
Michael RichardsonVice-chairman
Amy CorrBoard member
Amy CoyneBoard member
Harrison WilliamsBoard member
Jeffery McNeeseBoard member
Jennifer LacosteBoard member
Kay KellBoard member
Lauren BarrilleauxBoard member
Melanie RaboteauBoard member
Tish WilliamsBoard member
Kelsey JohnsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,243,099
Program Service Revenue
$12,057
Investment Income
$0
Other Revenue
$0
All Other Contributions
$67,698
Change in Net Assets
$13,126

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,255,156
Total Revenue per Audited Statements
$1,255,156
Total Revenue per Form 990
$1,255,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$692,659
Grants and Similar Amounts Paid$406,049
Other Expenses$143,322
Total Fundraising Expense$1,629
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$428,486$15,708$0$444,194
Grants to Domestic Individuals$406,049--$406,049
Other Employee Benefits$105,301$2,001$0$107,302
Current Officers, Directors, Trustees, and Key Employees$87,395$7,188$0$94,583
Occupancy$54,846$952$0$55,798
Payroll Taxes$45,994$586$0$46,580
Conferences and Meetings$31,234$1,139$0$32,373
Fees for Services Accounting$3,966$5,987$0$9,953
Office Expenses$8,766$690$50$9,506
Information Technology$6,508$237$0$6,745
Insurance$3,267$1,513$0$4,780
Advertising$2,354$763$0$3,117
Depreciation Depletion$0$2,324$0$2,324
Other Expenses$0$229$0$229
Total Functional Expenses$1,200,097$40,304$1,629$1,242,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,242,030
Total Expenses per Audited Statements$1,242,030
Total Expenses per Form 990$1,242,030
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
Accrued payroll and leave$20,863
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
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
Hancock Resource Center
EIN
26-3648017
Phone
2284638887
Address
454 Hwy 90, Waveland, MS 39576

Signing Officer

Name
Rhonda Rhodes
Title
President
Phone
2284638887
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Rhodes
Formed
2009
Legal Domicile
Ms
Voting Board Members
12
Independent Board Members
12
Employees
17
Volunteers
120

Preparer

Firm
Gerald W Rigby CPA PC
Address
724 Dunbar Avenue, Bay St Louis, MS 39520
Preparer
Gerald W Rigby CPA PC
Phone
2284675744
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is sent to all board members for review prior to filing.

Pt VI, Line 12C

The policy is reviewed by the board and staff on an annual basis. Board members are required to sign a Conflict of Interest Statement annually.

Pt VI, Line 15A

The organization researches salaries for similar positions within the region each year. The President then undergoes an annual performance review by the board. The finance committee reviews the data.

Pt VI, Line 15B

Same as above.

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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/OtherAssetsTotalGrp/EOYAmt03900
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02001
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0105301
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107302
IRS990/OtherExpensesGrp/Desc0Other costs
IRS990/OtherExpensesGrp/Desc1Other program expenses
IRS990/OtherExpensesGrp/FundraisingAmt01579
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0987
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1229
IRS990/OtherExpensesGrp/ProgramServicesAmt015931
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt018497
IRS990/OtherExpensesGrp/TotalAmt1229
IRS990/OtherLiabilitiesGrp/EOYAmt020863
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015708
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0428486
IRS990/OtherSalariesAndWagesGrp/TotalAmt0444194
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0586
IRS990/PayrollTaxesGrp/ProgramServicesAmt045994
IRS990/PayrollTaxesGrp/TotalAmt046580
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt046109
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt020155
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05693
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04538
IRS990/PrincipalOfficerNm0Rhonda Rhodes
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Program revenue
IRS990/ProgramServiceRevenueGrp/Desc1Miscellaneous
IRS990/ProgramServiceRevenueGrp/Desc2Registration fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2216
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Owner Occupied Rehabilitation: Using predetermined criteria, HRC determines eligibility of individuals and families that need assistance for long-term housing stability, security and safety. Programs include home rehabilitation and weatherization. Services may be in the form of case management, construction scope definition and estimation, construction coordination and volunteer management and direct assistance. and housing assistance.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt064396
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt058928
IRS990/ProgSrvcAccomActy3Grp/Desc0Community Development: The Center seeks to improve the morale of the community, increase the value of neighborhoods and provide healthier environments for quality living. Special development services include; youth leadership, Christmas assistance, and volunteer programs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0177723
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0194403
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01163173
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0496347
IRS990/PYInvestmentIncomeAmt0450
IRS990/PYOtherExpensesAmt0117258
IRS990/PYProgramServiceRevenueAmt043460
IRS990/PYRevenuesLessExpensesAmt04318
IRS990/PYSalariesCompEmpBnftPaidAmt0589160
IRS990/PYTotalExpensesAmt01202765
IRS990/PYTotalRevenueAmt01207083
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt013126
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IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0937517
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018087
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018177
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01238550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01163173
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0930708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0832069
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0916392
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05080892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0450
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0450
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0450
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt05080892
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01238550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01163173
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0930708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0832069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0916392
IRS990ScheduleA/Total509Grp/TotalAmt05080892
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05081342
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05546
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047638
IRS990ScheduleD/ExpensesSubtotalAmt01242030
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020863
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued payroll and leave
IRS990ScheduleD/RevenueSubtotalAmt01255156
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05546
IRS990ScheduleD/TotalExpensesPerForm990Amt01242030
IRS990ScheduleD/TotalLiabilityAmt020863
IRS990ScheduleD/TotalRevenuePerForm990Amt01255156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01255156
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01242030
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0143917
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1253049
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt247696
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Owner Occupied Rehabilitation
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Case Management & Counseling Services
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Community Development
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt061
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1189
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt2422
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true

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