Civic Intelligence

Arlington Avenue Apartments Inc

EIN 26-4225646 • 501(c)3 • St Petersburg, FL

Profile

To provide housing to individuals with chronic mental illness who are clients of boley centers, inc, a related 501(c)(3)organization.

445 31st Street NorthSt Petersburg, FL 33713

www.boleycenters.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

33.15x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

4th percentile

-87%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

91st percentile

$215,936

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 291.2% of source-year revenue.

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

Asset Growth

30th percentile

-2.6%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

36th percentile

-0.1%

Faster revenue growth than 36% of similar nonprofits.

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

Assets

Down

$1,943,596

Down $52,867 (-2.6%) from 2023

Liabilities

Up

$2,458,557

Up $11,921 (+0.5%) from 2023

Net Assets

Down

-$514,961

Down $64,788 (-14%) from 2023

Revenue

Down

$74,157

Down $87 (-0.1%) from 2023

Expenses

Up

$138,945

Up $11,862 (+9.3%) from 2023

Net Income

Down

-$64,788

Down $11,949 (-23%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,580,446Liabilities 2011: $676,125Net Assets 2011: $1,904,3212011Assets 2012: $2,389,748Liabilities 2012: $506,563Net Assets 2012: $1,883,1852012Assets 2013: $2,350,128Liabilities 2013: $504,282Net Assets 2013: $1,845,8462013Assets 2014: $2,314,681Liabilities 2014: $504,441Net Assets 2014: $1,810,2402014Assets 2015: $2,282,261Liabilities 2015: $504,563Net Assets 2015: $1,777,6982015Assets 2016: $2,249,941Liabilities 2016: $510,143Net Assets 2016: $1,739,7982016Assets 2017: $2,219,959Liabilities 2017: $518,520Net Assets 2017: $1,701,4392017Assets 2018: $2,150,944Liabilities 2018: $508,229Net Assets 2018: $1,642,7152018Assets 2019: $2,108,093Liabilities 2019: $508,194Net Assets 2019: $1,599,8992019Assets 2020: $2,077,516Liabilities 2020: $510,227Net Assets 2020: $1,567,2892020Assets 2021: $2,041,447Liabilities 2021: $2,390,820Net Assets 2021: -$349,3732021Assets 2022: $2,027,962Liabilities 2022: $2,425,296Net Assets 2022: -$397,3342022Assets 2023: $1,996,463Liabilities 2023: $2,446,636Net Assets 2023: -$450,1732023Assets 2024: $1,943,596Liabilities 2024: $2,458,557Net Assets 2024: -$514,9612024

Highlighted filing

2024

Assets$1,943,596
Liabilities$2,458,557
Net Assets-$514,961

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $13,1042011Expenses 2012: $92,4192012Expenses 2013: $102,2052013Revenue 2014: $62,185Expenses 2014: $97,791Net Income 2014: -$35,6062014Revenue 2015: $64,303Expenses 2015: $96,845Net Income 2015: -$32,5422015Revenue 2016: $63,994Expenses 2016: $101,894Net Income 2016: -$37,9002016Revenue 2017: $63,449Expenses 2017: $101,808Net Income 2017: -$38,3592017Revenue 2018: $64,692Expenses 2018: $123,416Net Income 2018: -$58,7242018Revenue 2019: $65,181Expenses 2019: $107,997Net Income 2019: -$42,8162019Revenue 2020: $69,212Expenses 2020: $101,822Net Income 2020: -$32,6102020Revenue 2021: $67,803Expenses 2021: $105,865Net Income 2021: -$38,0622021Revenue 2022: $70,649Expenses 2022: $118,610Net Income 2022: -$47,9612022Revenue 2023: $74,244Expenses 2023: $127,083Net Income 2023: -$52,8392023Revenue 2024: $74,157Expenses 2024: $138,945Net Income 2024: -$64,7882024

Highlighted filing

2024

Revenue$74,157
Expenses$138,945
Net Income-$64,788

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.94$2.46$0.51$0.07$0.14$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.00$2.45$0.45$0.07$0.13$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.03$2.43$0.40$0.07$0.12$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$2.39$0.35$0.07$0.11$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.08$0.51$1.57$0.07$0.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.11$0.51$1.60$0.07$0.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.51$1.64$0.06$0.12$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.52$1.70$0.06$0.10$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.25$0.51$1.74$0.06$0.10$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.50$1.78$0.06$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.50$1.81$0.06$0.10$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.50$1.85$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.51$1.88$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.68$1.90$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 10, 2025
Return Version
2023v6.0
Gross Receipts
$74,157
Mission and Program Overview

Mission

To provide housing to individuals with chronic mental illness who are clients of boley centers, inc., a related 501(c)(3) organization.

To provide housing to individuals with chronic mental illness who are clients of boley centers inc., a related 501(c)(3) organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,655,566$1,613,649▼ $41,917
Savings and Temporary Cash Investments$291,527$283,375▼ $8,152
Cash and Non-Interest-Bearing Accounts$25,301$20,799▼ $4,502
Intangible Assets$19,515$18,815▼ $700
Accounts Receivable$4,554$3,555▼ $999
Total Assets$1,996,463$1,943,596▼ $52,867
Other Assets Total$0$3,403▲ $3,403
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,378,600$2,378,600→ $0
Accounts Payable and Accrued Expenses$64,708$76,589▲ $11,881
Other Liabilities$3,328$3,368▲ $40
Total Liabilities$2,446,636$2,458,557▲ $11,921
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-450,173$-514,961▼ $64,788
Total Net Assets Fund Balance$-450,173$-514,961▼ $64,788
Total Liabilities and Net Assets / Fund Balance$1,996,463$1,943,596▼ $52,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,113,649$546,467$1,660,116
Land$500,000-$500,000
Equipment$0$35,452$35,452
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jack HumburgChief Operating Officer-$122,081$122,081
Marcy McmathChief Clinical OfficerPT$92,919$92,919

Board Members and Trustees

NameTitle
Antonio HarrisDirector
Joseph StringerDirector
Markus HughesDirector
Markus MittenmayrDirector
Martin T LottDirector
Paul MisiewiczDirector
Rutland BusseyDirector
Susan ProctorDirector
Kevin MarroneChief Executive Officer
Michelle JosephChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,189
Program Service Revenue
$42,991
Investment Income
$285
Other Revenue
$692
Change in Net Assets
$-64,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$74,157
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$74,157
Total Revenue per Form 990
$74,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,070
Salaries, Compensation, and Employee Benefits$10,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$48,972--$48,972
Depreciation Depletion$42,619--$42,619
Insurance$14,444--$14,444
Other Salaries and Wages-$10,875-$10,875
Fees for Services Accounting-$8,265-$8,265
Fees for Services Management-$7,680-$7,680
Other Expenses$3,615--$3,615
Office Expenses-$1,638-$1,638
Fees for Services Legal-$837-$837
Total Functional Expenses$109,650$29,295$0$138,945

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$138,945
Total Expenses per Audited Statements$138,945
Total Expenses per Form 990$138,945
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
Tenant Security Deposits$3,368
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Prior to filing, form 990 is sent to each board member for approval.

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

All board members are required to complete a conflict of interest form annually, and the results are reviewed among various board members.

Form 990, Part VI, Section C, Line 19

Financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Arlington Avenue Apartments Inc
EIN
26-4225646
Phone
7278214819
Address
445 31ST STREET NORTH, ST PETERSBURG, FL 33713

Signing Officer

Name
Kevin Marrone
Title
Chief Executive Officer
Phone
7278214819
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Marrone
Formed
2008
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Warren Averett LLC
Address
2500 ACTON ROAD, BIRMINGHAM, AL 35243
Preparer
Megan Randolph
Phone
2059794100
Supplemental Narrative

Additional Explanations

Form 990, Part V- Additional Information

Line 2a/2b - transactions with related organizations the organization leases employees paid by boley centers, inc. (ein 59-1290089). An employee of boley centers, inc. Is responsible for the bookkeeping for arlington avenue apartments inc. Boley centers, inc. Has filed all required federal employment tax returns.

FORM 990, PART XII, LINE 2C:

The process has not changed from prior years.

Raw XML AppendixShowing 400 of 746 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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