Civic Intelligence

Edison Terrace South

990 • Fiscal year 2019 • EIN 26-4362933

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 06, 2019

524 North Edison StreetKennewick, WA 99336

(509) 375-6074

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

21st percentile

-4.4%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,034,085

Down $92,590 (-4.4%) from 2018

Net Assets

Down

$2,024,567

Down $73,858 (-3.5%) from 2018

Liabilities

Down

$9,518

Down $18,732 (-66%) from 2018

Revenue

Up

$93,642

Up $24,647 (+36%) from 2018

Expenses

Up

$167,500

Up $3,359 (+2.0%) from 2018

Net Income

Up

-$73,858

Up $21,288 (+22%) from 2018

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 2010: $2,288,764Liabilities 2010: $559,208Net Assets 2010: $1,729,5562010Assets 2011: $2,816,674Liabilities 2011: $133,662Net Assets 2011: $2,683,0122011Assets 2013: $2,546,294Liabilities 2013: $6,915Net Assets 2013: $2,539,3792013Assets 2014: $2,476,056Liabilities 2014: $7,462Net Assets 2014: $2,468,5942014Assets 2015: $2,394,383Liabilities 2015: $7,742Net Assets 2015: $2,386,6412015Assets 2017: $2,201,971Liabilities 2017: $8,400Net Assets 2017: $2,193,5712017Assets 2018: $2,126,675Liabilities 2018: $28,250Net Assets 2018: $2,098,4252018Assets 2019: $2,034,085Liabilities 2019: $9,518Net Assets 2019: $2,024,5672019Assets 2020: $1,959,542Liabilities 2020: $14,750Net Assets 2020: $1,944,7922020Assets 2021: $1,874,871Liabilities 2021: $18,880Net Assets 2021: $1,855,9912021Assets 2022: $1,781,578Liabilities 2022: $10,154Net Assets 2022: $1,771,4242022Assets 2023: $1,692,123Liabilities 2023: $9,277Net Assets 2023: $1,682,8462023Assets 2025: $1,523,818Liabilities 2025: $13,889Net Assets 2025: $1,509,9292025

Highlighted filing

2019

Assets$2,034,085
Liabilities$9,518
Net Assets$2,024,567

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $02010Expenses 2011: $129,7612011Expenses 2013: $141,0732013Revenue 2014: $69,196Expenses 2014: $139,981Net Income 2014: -$70,7852014Revenue 2015: $69,269Expenses 2015: $151,222Net Income 2015: -$81,9532015Revenue 2017: $69,050Expenses 2017: $175,946Net Income 2017: -$106,8962017Revenue 2018: $68,995Expenses 2018: $164,141Net Income 2018: -$95,1462018Revenue 2019: $93,642Expenses 2019: $167,500Net Income 2019: -$73,8582019Revenue 2020: $90,499Expenses 2020: $170,274Net Income 2020: -$79,7752020Revenue 2021: $91,239Expenses 2021: $180,040Net Income 2021: -$88,8012021Revenue 2022: $96,453Expenses 2022: $181,020Net Income 2022: -$84,5672022Revenue 2023: $102,245Expenses 2023: $190,823Net Income 2023: -$88,5782023Revenue 2025: $114,494Expenses 2025: $210,057Net Income 2025: -$95,5632025

Highlighted filing

2019

Revenue$93,642
Expenses$167,500
Net Income-$73,858
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 6, 2019
Return Version
2018v3.1
Gross Receipts
$93,642
Mission and Program Overview

Mission

To construct and operate a 15 unit apartment complex to provide housing for very low income persons with developmental disabilitites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,038,655$1,948,820▼ $89,835
Accounts Receivable$1,487$3,911▲ $2,424
Prepaid Expenses and Deferred Charges$3,530$489▼ $3,041
Cash and Non-Interest-Bearing Accounts$20$154▲ $134
Total Assets$2,126,675$2,034,085▼ $92,590
Other Assets Total$82,983$80,711▼ $2,272
Liabilities
Accounts Payable and Accrued Expenses$23,260$4,814▼ $18,446
Other Liabilities$4,470$4,351▼ $119
Deferred Revenue$520$353▼ $167
Total Liabilities$28,250$9,518▼ $18,732
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,750,293$2,750,293→ $0
Unrestricted Net Assets$-651,868$-725,726▼ $73,858
Total Net Assets Fund Balance$2,098,425$2,024,567▼ $73,858
Total Liabilities and Net Assets / Fund Balance$2,126,675$2,034,085▼ $92,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,826,660$805,748$2,632,408
Land$122,160-$122,160
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard BarchetPresident
Carl GustafsonVice President
Betty QuinnDirector
Jan GriffinDirector
Warner BlyckertDirector
Paul CrossSecretary
Al HaffnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,443
Program Service Revenue
$50,891
Investment Income
$308
Other Revenue
$0
Change in Net Assets
$-73,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$93,642
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$93,642
Total Revenue per Form 990
$93,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,670
Salaries, Compensation, and Employee Benefits$11,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$90,977--$90,977
Fees for Services Management$9,455--$9,455
Other Salaries and Wages$8,318--$8,318
Fees for Services Accounting$6,505--$6,505
Insurance$3,530--$3,530
Office Expenses$3,170--$3,170
Payroll Taxes$2,314--$2,314
Other Employee Benefits$1,198--$1,198
Other Expenses$998--$998
Fees for Services Legal$203--$203
Advertising$75--$75
Conferences and Meetings$66--$66
All Other Expenses$48--$48
Total Functional Expenses$167,500$0$0$167,500

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$167,500
Total Expenses per Audited Statements$167,500
Total Expenses per Form 990$167,500
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
Security Deposit Liability$4,351
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
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, Part VI, Section B, Line 11B

The president and treasurer review the return prior to filing. The board will review draft of the return if available.

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

The board members act on the conflicts of interest policy at the first board meeting after the annual meeting each year.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public by request from the organization.

Filing and Contact Details

Filer

Filer Name
Edison Terrace South
EIN
26-4362933
Phone
5093756074
Address
524 NORTH EDISON STREET, KENNEWICK, WA 99336

Signing Officer

Name
W Richard Barchet
Title
President
Phone
5093756074
Signed
2019-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Richard Barchet
Formed
2010
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Schoedel & Schoedel Cpas Pllc
Address
422 W RIVERSIDE AVE STE 1420, SPOKANE, WA 99201-0395
Preparer
Darcy a Skjothaug CPA
Phone
5097472158
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The board oversees the audit process. There was no change in the process from the prior year.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029843
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0143088
IRS990ScheduleA/TotalSupportAmt0144012
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01826660
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0805748
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02632408
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0167500
IRS990ScheduleD/LandGrp/BookValueAmt0122160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt093642
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01948820
IRS990ScheduleD/TotalExpensesPerForm990Amt0167500
IRS990ScheduleD/TotalLiabilityAmt04351
IRS990ScheduleD/TotalRevenuePerForm990Amt093642
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt093642
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0167500
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND TREASURER REVIEW THE RETURN PRIOR TO FILING. THE BOARD WILL REVIEW DRAFT OF THE RETURN IF AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ACT ON THE CONFLICTS OF INTEREST POLICY AT THE FIRST BOARD MEETING AFTER THE ANNUAL MEETING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OVERSEES THE AUDIT PROCESS. THERE WAS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRI-CITIES TERRACE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1EDISON TERRACE WEST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SHALOM ECUMENICAL CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0331107186
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1205057014
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2911763196
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0454 GAGE BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1520 N EDISON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2901 VAN GIESEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RICHLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1KENNEWICK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2RICHLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd099354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd199336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd299354
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02750293
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02750293
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02126675
IRS990/TotalAssetsEOYAmt02034085
IRS990/TotalAssetsGrp/BOYAmt02126675
IRS990/TotalAssetsGrp/EOYAmt02034085
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042443
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0167500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0167500
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028250
IRS990/TotalLiabilitiesEOYAmt09518
IRS990/TotalLiabilitiesGrp/BOYAmt028250
IRS990/TotalLiabilitiesGrp/EOYAmt09518
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02098425
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02024567
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0167500
IRS990/TotalProgramServiceRevenueAmt050891
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0308
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050891
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt093642
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02126675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02034085
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.01$1.51$0.11$0.21$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.01$1.68$0.10$0.19$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.01$1.77$0.10$0.18$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.02$1.86$0.09$0.18$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.01$1.94$0.09$0.17$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.03$0.01$2.02$0.09$0.17$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.03$2.10$0.07$0.16$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.01$2.19$0.07$0.18$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.39$0.01$2.39$0.07$0.15$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.48$0.01$2.47$0.07$0.14$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.01$2.54$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.13$2.68$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.56$1.73$0.00