Civic Intelligence

Fhi Lawrence Andover Inc.

990 • Fiscal year 2015 • EIN 26-4412391

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 19, 2016

439 South Union Street No 401Lawrence, MA 01843

(978) 685-9471

Siviq Scores

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

Liabilities / Assets

97th percentile

2.16x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

3.38x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-9.6%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

99th percentile

$125,636

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 53.1% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

31st percentile

-8.3%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

2.2%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$369,715

Down $33,273 (-8.3%) from 2014

Net Assets

Down

-$430,192

Down $22,654 (-5.6%) from 2014

Liabilities

Down

$799,907

Down $10,619 (-1.3%) from 2014

Revenue

Up

$236,817

Up $5,106 (+2.2%) from 2014

Expenses

Up

$259,471

Up $23,708 (+10%) from 2014

Net Income

Down

-$22,654

Down $18,602 (-459%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $482,236Liabilities 2011: $890,338Net Assets 2011: -$408,1022011Assets 2012: $429,673Liabilities 2012: $880,225Net Assets 2012: -$450,5522012Assets 2013: $417,577Liabilities 2013: $821,063Net Assets 2013: -$403,4862013Assets 2014: $402,988Liabilities 2014: $810,526Net Assets 2014: -$407,5382014Assets 2015: $369,715Liabilities 2015: $799,907Net Assets 2015: -$430,1922015Assets 2016: $344,100Liabilities 2016: $788,770Net Assets 2016: -$444,6702016Assets 2017: $275,661Liabilities 2017: $720,620Net Assets 2017: -$444,9592017Assets 2018: $309,153Liabilities 2018: $751,190Net Assets 2018: -$442,0372018Assets 2019: $365,377Liabilities 2019: $790,651Net Assets 2019: -$425,2742019Assets 2020: $404,608Liabilities 2020: $816,241Net Assets 2020: -$411,6332020Assets 2021: $381,822Liabilities 2021: $756,822Net Assets 2021: -$375,0002021Assets 2022: $457,767Liabilities 2022: $792,821Net Assets 2022: -$335,0542022Assets 2023: $522,492Liabilities 2023: $813,519Net Assets 2023: -$291,0272023Assets 2024: $594,957Liabilities 2024: $841,157Net Assets 2024: -$246,2002024Assets 2025: $669,604Liabilities 2025: $882,104Net Assets 2025: -$212,5002025

Highlighted filing

2015

Assets$369,715
Liabilities$799,907
Net Assets-$430,192

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $240,1702011Expenses 2012: $273,2262012Expenses 2013: $227,8862013Revenue 2014: $231,711Expenses 2014: $235,763Net Income 2014: -$4,0522014Revenue 2015: $236,817Expenses 2015: $259,471Net Income 2015: -$22,6542015Revenue 2016: $237,847Expenses 2016: $252,325Net Income 2016: -$14,4782016Revenue 2017: $241,989Expenses 2017: $242,278Net Income 2017: -$2892017Revenue 2018: $235,952Expenses 2018: $233,030Net Income 2018: $2,9222018Revenue 2019: $235,496Expenses 2019: $218,733Net Income 2019: $16,7632019Revenue 2020: $241,551Expenses 2020: $227,910Net Income 2020: $13,6412020Revenue 2021: $267,344Expenses 2021: $230,711Net Income 2021: $36,6332021Revenue 2022: $230,395Expenses 2022: $190,449Net Income 2022: $39,9462022Revenue 2023: $236,259Expenses 2023: $192,232Net Income 2023: $44,0272023Revenue 2024: $238,571Expenses 2024: $193,744Net Income 2024: $44,8272024Revenue 2025: $258,268Expenses 2025: $224,568Net Income 2025: $33,7002025

Highlighted filing

2015

Revenue$236,817
Expenses$259,471
Net Income-$22,654
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$236,817
Mission and Program Overview

Mission

To provide subsidized housing to people with disabilities to live a rich and meaningful life

HUD RESIDENTIAL SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$207,550$195,174▼ $12,376
Savings and Temporary Cash Investments$116,062$94,940▼ $21,122
Cash and Non-Interest-Bearing Accounts$18,255$20,977▲ $2,722
Accounts Receivable$481--
Total Assets$402,988$369,715▼ $33,273
Other Assets Total$60,640$58,624▼ $2,016
Liabilities
Mortgage Notes Payable Secured by Investment Property$798,885$788,380▼ $10,505
Accounts Payable and Accrued Expenses$9,095$7,697▼ $1,398
Other Liabilities$2,546$3,830▲ $1,284
Total Liabilities$810,526$799,907▼ $10,619
Net Assets / Fund Balance
Unrestricted Net Assets$-407,538$-430,192▼ $22,654
Total Net Assets Fund Balance$-407,538$-430,192▼ $22,654
Total Liabilities and Net Assets / Fund Balance$402,988$369,715▼ $33,273

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$173,491$80,225$253,716
Land$21,683-$21,683
Equipment$0$750$750
Other Assets Org$58,624--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Yvonne AllardPresident & CEOPT$125,636$125,636
Joseph MckennaChief Financial OfficerPT$87,986$87,986

Board Members and Trustees

NameTitle
Andrew NovellinePresident
Maryellen MaccaroneVice President
Claire FirrielloBoard Member
Concetta L KingBoard Member
James P DillonBoard Member
Lisa StaffBoard Member
Martha WaltersBoard Member
Matthew P KeamyBoard Member
Robert DickeyBoard Member
Robert J CuomoBoard Member
Sally WallaceBoard Member
Wayne F Simmons JrBoard Member
Kara J JohnsonClerk
Stephen M JaskelevicusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$236,753
Investment Income
$64
Other Revenue
$0
Change in Net Assets
$-22,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$236,817
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$236,817
Total Revenue per Form 990
$236,817
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,373
Salaries, Compensation, and Employee Benefits$65,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$72,059--$72,059
Comp Disqual Persons$13,110$36,290-$49,400
Interest$48,153--$48,153
Depreciation Depletion$14,392--$14,392
Insurance$9,720--$9,720
Current Officers, Directors, Trustees, and Key Employees-$7,504-$7,504
Fees for Services Management-$7,504-$7,504
Other Employee Benefits$4,191--$4,191
Payroll Taxes$4,003--$4,003
Other Expenses$3,568$329-$3,897
Fees for Services Accounting-$3,392-$3,392
Fees for Services Other-$3,000-$3,000
Office Expenses-$80-$80
Total Functional Expenses$169,196$90,275$0$259,471

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$259,471
Total Expenses per Audited Statements$259,471
Total Expenses per Form 990$259,471
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$2,546
Miscellaneous Current Liabilites$1,284
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The board of directors and officers of fhi are voted on by the members of fhi.

Form 990, Part VI, Section A, Line 7A

The board of directors and officers of fhi are voted on by the members of fhi.

Form 990, Part VI, Section B, Line 11

The board is provided with a copy of the form 990 for review and approval.

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

Fhi follows fidelity house, inc.'s conflict of interest policy, in which fhi consistently monitors and enforces compliance with the conflict of interest policy through annual related party conflict of interest review and sign off forms.

Form 990, Part VI, Section B, Line 15

Compensation of the fhi's officers are determined and approved by the board.

Form 990, Part VI, Section C, Line 19

Fhi makes their governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fhi Lawrenceandover Inc
EIN
26-4412391
Phone
9786859471
Address
439 SOUTH UNION STREET NO 401, LAWRENCE, MA 01843

Signing Officer

Name
Yvonne Allard
Title
President & CEO
Phone
9786859471
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yvonne Allard
Formed
2009
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
21 EAST MAIN STREET, WESTBORO, MA 01581
Preparer
Jeffrey Cicolini CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors oversees the audit and reviews and approves the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

Fhi accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the combined financial statements regarding a tax position taken or expected to be taken in a tax return. Fhi has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the combined financial statements at june 30, 2015. Fhi's information returns are subject to examination by the federal and state jurisdictions and generally remain open for the most recent three years.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0236817
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09720
IRS990/InsuranceGrp/TotalAmt09720
IRS990/InterestGrp/ProgramServicesAmt048153
IRS990/InterestGrp/TotalAmt048153
IRS990/InvestmentIncomeGrp/ExclusionAmt064
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt080975
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0207550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0195174
IRS990/LandBldgEquipCostOrOtherBssAmt0276149
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF FHI LAWRENCE/ANDOVER (FHI) IS TO PROVIDE HUD SECTION 8 SUBSIDIZED HOUSING ASSISTANCE TO PEOPLE WITH DEVELOPMENTAL AND MULTIPLE DISABILITIES SO THAT THEY CAN PARTICIPATE WITH FRIENDS, FAMILIES AND NEIGHBORS IN THE LIFE OF THEIR COMMUNITY AND ACHIEVE THE RICHEST AND FULLEST LIFE POSSIBLE. FHI SERVES 12 LOW-INCOME ADULTS WITH A WIDE RANGE OF DEVELOPMENTAL AND MULTIPLE DISABILITIES INCLUDING SEVERE COGNITIVE AND PHYSICAL IMPAIRMENTS, AUTISM SPECTRUM DISORDER, DOWN SYNDROME, CEREBRAL PALSY AND MORE. FHI IS GUIDED BY THE CORE VALUES OF EMPOWERMENT AND SELF-DETERMINATION AS WELL AS RESPECT FOR EACH ADULT AND FAMILY MEMBER AND THE CHALLENGES THEY ENCOUNTER DAILY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0798885
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0788380
IRS990/NetAssetsOrFundBalancesBOYAmt0-407538
IRS990/NetAssetsOrFundBalancesEOYAmt0-430192
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt072059
IRS990/OccupancyGrp/TotalAmt072059
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt080
IRS990/OfficeExpensesGrp/TotalAmt080
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt060640
IRS990/OtherAssetsTotalGrp/EOYAmt058624
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04191
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04191
IRS990/OtherExpensesGrp/Desc0MANAGER UNIT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1329
IRS990/OtherExpensesGrp/ProgramServicesAmt03568
IRS990/OtherExpensesGrp/TotalAmt032176
IRS990/OtherExpensesGrp/TotalAmt13897
IRS990/OtherLiabilitiesGrp/BOYAmt02546
IRS990/OtherLiabilitiesGrp/EOYAmt03830
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04003
IRS990/PayrollTaxesGrp/TotalAmt04003
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0YVONNE ALLARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0GROSS POTENTIONAL RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0236753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0236753
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt094
IRS990/PYOtherExpensesAmt0175667
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0231617
IRS990/PYRevenuesLessExpensesAmt0-4052
IRS990/PYSalariesCompEmpBnftPaidAmt060096
IRS990/PYTotalExpensesAmt0235763
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0231711
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22654
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0236753
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0116062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094940
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0200
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0534
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0236753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0231617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0232106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0230676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0227840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01158992
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0534
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt042770
IRS990ScheduleA/OtherIncome509Grp/TotalAmt042770
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96400
IRS990ScheduleA/PublicSupportTotal509Amt01158992
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0236753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0231617
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0232106
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0230676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0227840
IRS990ScheduleA/Total509Grp/TotalAmt01158992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0236817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0231711
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0274952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0230776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0228040
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01202296
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0173491
IRS990ScheduleD/BuildingsGrp/DepreciationAmt080225
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0253716
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0750
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0750
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0259471
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt021683
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021683
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt058624
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02546
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS CURRENT LIABILITES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0236817
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FHI ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FHI HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS AT JUNE 30, 2015. FHI'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0195174
IRS990ScheduleD/TotalBookValueOtherAssetsAmt058624
IRS990ScheduleD/TotalExpensesPerForm990Amt0259471
IRS990ScheduleD/TotalLiabilityAmt03830
IRS990ScheduleD/TotalRevenuePerForm990Amt0236817
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0236817
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0259471
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS AND OFFICERS OF FHI ARE VOTED ON BY THE MEMBERS OF FHI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS AND OFFICERS OF FHI ARE VOTED ON BY THE MEMBERS OF FHI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS PROVIDED WITH A COPY OF THE FORM 990 FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FHI FOLLOWS FIDELITY HOUSE, INC.'S CONFLICT OF INTEREST POLICY, IN WHICH FHI CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL RELATED PARTY CONFLICT OF INTEREST REVIEW AND SIGN OFF FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE FHI'S OFFICERS ARE DETERMINED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FHI MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS OVERSEES THE AUDIT AND REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.70$8.82$2.13$2.58$2.25$0.34
2024Detailed filing. Detailed filing data is available for this year.$5.95$8.41$2.46$2.39$1.94$0.45
2023Detailed filing. Detailed filing data is available for this year.$5.22$8.14$2.91$2.36$1.92$0.44
2022Detailed filing. Detailed filing data is available for this year.$4.58$7.93$3.35$2.30$1.90$0.40
2021Detailed filing. Detailed filing data is available for this year.$3.82$7.57$3.75$2.67$2.31$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.05$8.16$4.12$2.42$2.28$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.65$7.91$4.25$2.35$2.19$0.17
2018Detailed filing. Detailed filing data is available for this year.$3.09$7.51$4.42$2.36$2.33$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.76$7.21$4.45$2.42$2.42$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.44$7.89$4.45$2.38$2.52$0.14
2015Detailed filing. Detailed filing data is available for this year.$3.70$8.00$4.30$2.37$2.59$0.23
2014Detailed filing. Detailed filing data is available for this year.$4.03$8.11$4.08$2.32$2.36$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$8.21$4.03$2.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$8.80$4.51$2.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$8.90$4.08$2.40