Civic Intelligence

George Galen Wheeler House Inc

EIN 27-0678763 • 501(c)3 • Warwick, RI

Profile

AFFORDABLE HOUSING

3188 Post RoadWarwick, RI 02886

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.85x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

2nd percentile

-259%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

15th percentile

-17%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

3.9%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$845,034

Down $175,567 (-17%) from 2023

Liabilities

Down

$52,344

Down $23,759 (-31%) from 2023

Net Assets

Down

$792,690

Down $151,808 (-16%) from 2023

Revenue

Up

$61,688

Up $2,328 (+3.9%) from 2023

Expenses

Up

$221,472

Up $106,345 (+92%) from 2023

Net Income

Down

-$159,784

Down $104,017 (-187%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,409,039Liabilities 2012: $109,992Net Assets 2012: $1,299,0472012Assets 2013: $1,286,021Liabilities 2013: $36,452Net Assets 2013: $1,249,5692013Assets 2014: $1,244,007Liabilities 2014: $18,398Net Assets 2014: $1,225,6092014Assets 2015: $1,212,604Liabilities 2015: $18,966Net Assets 2015: $1,193,6382015Assets 2016: $1,189,303Liabilities 2016: $2,436Net Assets 2016: $1,186,8672016Assets 2017: $1,163,779Liabilities 2017: $2,897Net Assets 2017: $1,160,8822017Assets 2018: $1,139,202Liabilities 2018: $5,527Net Assets 2018: $1,133,6752018Assets 2019: $1,116,386Liabilities 2019: $9,937Net Assets 2019: $1,106,4492019Assets 2020: $1,100,133Liabilities 2020: $14,235Net Assets 2020: $1,085,8982020Assets 2021: $1,062,081Liabilities 2021: $12,261Net Assets 2021: $1,049,8202021Assets 2023: $1,020,601Liabilities 2023: $76,103Net Assets 2023: $944,4982023Assets 2024: $845,034Liabilities 2024: $52,344Net Assets 2024: $792,6902024

Highlighted filing

2024

Assets$845,034
Liabilities$52,344
Net Assets$792,690

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2012: $21,9092012Expenses 2013: $91,1902013Revenue 2014: $69,630Expenses 2014: $93,590Net Income 2014: -$23,9602014Revenue 2015: $62,286Expenses 2015: $94,257Net Income 2015: -$31,9712015Revenue 2016: $66,836Expenses 2016: $75,025Net Income 2016: -$8,1892016Revenue 2017: $68,706Expenses 2017: $94,691Net Income 2017: -$25,9852017Revenue 2018: $68,419Expenses 2018: $95,626Net Income 2018: -$27,2072018Revenue 2019: $68,379Expenses 2019: $95,605Net Income 2019: -$27,2262019Revenue 2020: $71,081Expenses 2020: $91,632Net Income 2020: -$20,5512020Revenue 2021: $68,292Expenses 2021: $104,370Net Income 2021: -$36,0782021Revenue 2023: $59,360Expenses 2023: $115,127Net Income 2023: -$55,7672023Revenue 2024: $61,688Expenses 2024: $221,472Net Income 2024: -$159,7842024

Highlighted filing

2024

Revenue$61,688
Expenses$221,472
Net Income-$159,784

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 27, 2025
Return Version
2023v6.0
Gross Receipts
$61,688
Mission and Program Overview

Mission

AFFORDABLE HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$809,676$765,151▼ $44,525
Savings and Temporary Cash Investments$154,839$50,914▼ $103,925
Accounts Receivable$2,943$17,701▲ $14,758
Cash and Non-Interest-Bearing Accounts$52,613$11,268▼ $41,345
Total Assets$1,020,071$845,034▼ $175,037
Liabilities
Accounts Payable and Accrued Expenses$67,010$51,983▼ $15,027
Escrow Account Liability$587$361▼ $226
Total Liabilities$67,597$52,344▼ $15,253
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$952,474$792,690▼ $159,784
Total Net Assets Fund Balance$952,474$792,690▼ $159,784
Total Liabilities and Net Assets / Fund Balance$1,020,071$845,034▼ $175,037

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$677,151$547,286-
Land$88,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael T MaynardPresident
Julia NoguchiVice President
Laura JaworskiExecutive Director
Deb ImondiMember
Kelsey LimaSecretary
Thomas BeverlyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,262
Program Service Revenue
$13,663
Investment Income
$1,763
Other Revenue
$0
Change in Net Assets
$-159,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,688
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$61,688
Total Revenue per Form 990
$61,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,570
Salaries, Compensation, and Employee Benefits$14,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$106,831-$106,831
Depreciation Depletion$44,525--$44,525
Occupancy$33,697--$33,697
Other Employee Benefits$14,902--$14,902
Fees for Services Accounting-$11,600-$11,600
Fees for Services Management-$5,735-$5,735
Office Expenses-$4,157-$4,157
Interest-$25-$25
Total Functional Expenses$93,124$128,348$0$221,472

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$221,472
Total Expenses per Audited Statements$221,472
Total Expenses per Form 990$221,472
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

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

Reviewed by treasurer and finance committee

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

Members of the governing board sign annual disclosure statements regarding any affiliations which are reviewed and maintained by the executive director.

Form 990, Part VI, Section C, Line 19

Upon request to the executive director

Filing and Contact Details

Filer

Filer Name
George Galen Wheeler House Inc
EIN
27-0678763
Phone
4014633324
Address
3188 POST ROAD, WARWICK, RI 02886

Signing Officer

Name
Laura Jaworski
Title
Executive Director
Phone
4014633324
Signed
2025-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Jaworski
Formed
2009
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Damiano Burk & Nuttall Pc
Address
6 BLACKSTONE VALLEY PL STE 109, LINCOLN, RI 02865
Preparer
Jason Nuttall
Phone
4013332880
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There have been no changes to the selection and oversight process during the year ended june 30, 2024.

Financial Statement Notes

PART IV, LINE 2B:

The organization is a custodian of tenant security deposits. Tenant security deposits are maintained in a separate interest-bearing account from the organization's funds available for operations.

PART X, LINE 2:

The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc). Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The corporation has analyzed significant tax positions taken within filings with the internal revenue service and the state of rhode island. Management believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect to the corporation's financial position, results of operations, or cash flows. Accordingly, the corporation has not recorded any reserves or related accruals for interest and penalties for uncertain tax positions as of june 30, 2023 and 2022. The corporation's policy is to include any interest and penalties on uncertain tax positions as a component of income taxes in the statements of activities.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0330017
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0677151
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0547286
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01224437
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0221472
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt088000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt088000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt061688
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CUSTODIAN OF TENANT SECURITY DEPOSITS. TENANT SECURITY DEPOSITS ARE MAINTAINED IN A SEPARATE INTEREST-BEARING ACCOUNT FROM THE ORGANIZATION'S FUNDS AVAILABLE FOR OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED SIGNIFICANT TAX POSITIONS TAKEN WITHIN FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF RHODE ISLAND. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT TO THE CORPORATION'S FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. THE CORPORATION'S POLICY IS TO INCLUDE ANY INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAXES IN THE STATEMENTS OF ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0765151
IRS990ScheduleD/TotalExpensesPerForm990Amt0221472
IRS990ScheduleD/TotalRevenuePerForm990Amt061688
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt061688
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0221472
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY TREASURER AND FINANCE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE GOVERNING BOARD SIGN ANNUAL DISCLOSURE STATEMENTS REGARDING ANY AFFILIATIONS WHICH ARE REVIEWED AND MAINTAINED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST TO THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES TO THE SELECTION AND OVERSIGHT PROCESS DURING THE YEAR ENDED JUNE 30, 2024.
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/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSE OF HOPE DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THOMAS WILBUR HOMESTEAD INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050448151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1261802780
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03188 POST ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13188 POST ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WARWICK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WARWICK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002886
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102886
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt06835
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt114902
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt219474
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CONTRACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSE OF HOPE COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOUSE OF HOPE COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2HOUSE OF HOPE COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01020071
IRS990/TotalAssetsEOYAmt0845034
IRS990/TotalAssetsGrp/BOYAmt01020071
IRS990/TotalAssetsGrp/EOYAmt0845034
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt046262
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0128348
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093124
IRS990/TotalFunctionalExpensesGrp/TotalAmt0221472
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067597
IRS990/TotalLiabilitiesEOYAmt052344
IRS990/TotalLiabilitiesGrp/BOYAmt067597
IRS990/TotalLiabilitiesGrp/EOYAmt052344
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0952474
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0792690
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt093124
IRS990/TotalProgramServiceRevenueAmt013663
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01763
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013663
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061688
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01020071
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0845034
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03188 POST ROAD
IRS990/USAddress/CityNm0WARWICK
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002886
IRS990/VotingMembersGoverningBodyCnt05

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