Civic Intelligence

Sound Landing Inc

EIN 27-3199928 • 501(c)3 • Duluth, GA

Profile

To provide transitional and permanent supportive housing in a safe haven that fosters rest and restoration.

8160 Royal Troon DrDuluth, GA 30097
Siviq Scores

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

Liabilities / Assets

95th percentile

1.34x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

1.19x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-61%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$36,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 30.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

22nd percentile

-42%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-51%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$105,922

Down $77,398 (-42%) from 2021

Liabilities

Down

$142,393

Down $7,507 (-5.0%) from 2021

Net Assets

Down

-$36,471

Down $69,891 (-209%) from 2021

Revenue

Down

$119,186

Down $124,353 (-51%) from 2021

Expenses

Down

$191,358

Down $129,672 (-40%) from 2021

Net Income

Up

-$72,172

Up $5,319 (+6.9%) from 2021

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2014: $31,077Liabilities 2014: $0Net Assets 2014: $31,0772014Assets 2015: $13,674Liabilities 2015: $0Net Assets 2015: $13,6742015Assets 2016: $4,299Liabilities 2016: $0Net Assets 2016: $4,2992016Assets 2017: $4,174Liabilities 2017: $0Net Assets 2017: $4,1742017Assets 2018: $65,358Liabilities 2018: $0Net Assets 2018: $65,3582018Assets 2019: $178,190Liabilities 2019: $0Net Assets 2019: $178,1902019Assets 2020: $265,298Liabilities 2020: $149,900Net Assets 2020: $115,3982020Assets 2021: $183,320Liabilities 2021: $149,900Net Assets 2021: $33,4202021Assets 2022: $105,922Liabilities 2022: $142,393Net Assets 2022: -$36,4712022

Highlighted filing

2022

Assets$105,922
Liabilities$142,393
Net Assets-$36,471

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $230,929Expenses 2014: $345,504Net Income 2014: -$114,5752014Revenue 2015: $280,929Expenses 2015: $298,332Net Income 2015: -$17,4032015Revenue 2016: $230,054Expenses 2016: $239,429Net Income 2016: -$9,3752016Revenue 2017: $130,981Expenses 2017: $131,106Net Income 2017: -$1252017Revenue 2018: $661,637Expenses 2018: $602,567Net Income 2018: $59,0702018Revenue 2019: $559,157Expenses 2019: $446,325Net Income 2019: $112,8322019Revenue 2020: $364,028Expenses 2020: $458,575Net Income 2020: -$94,5472020Revenue 2021: $243,539Expenses 2021: $321,030Net Income 2021: -$77,4912021Revenue 2022: $119,186Expenses 2022: $191,358Net Income 2022: -$72,1722022

Highlighted filing

2022

Revenue$119,186
Expenses$191,358
Net Income-$72,172

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$280,929
Mission and Program Overview

Mission

To provide transitional and permanent supportive housing in a safe haven that fosters rest and restoration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,077$13,674▼ $17,403
Rtn Earn Endowment Incm Other Fnds$31,077$13,674▼ $17,403
Total Assets$31,077$13,674▼ $17,403
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,077$13,674▼ $17,403
Total Liabilities and Net Assets / Fund Balance$31,077$13,674▼ $17,403
Compensation and Service Providers

Board Members and Trustees

NameTitle
Flora MitchellExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$280,929
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$280,929
Change in Net Assets
$-17,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,748
Salaries, Compensation, and Employee Benefits$44,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$145,161--$145,161
Other Salaries and Wages$41,415--$41,415
All Other Expenses$10,816--$10,816
Payroll Taxes$3,169--$3,169
Fees for Services Accounting-$625-$625
Other Expenses$180--$180
Office Expenses-$30-$30
Total Functional Expenses$297,677$655$0$298,332
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

All board members are required to review form 990 prior to the actual filing.

Governing documents etc available to public Part VI line 19

Tax filings and other governing documents are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Sound Landing Inc
EIN
27-3199928
Address
8160 ROYAL TROON DR, DULUTH, GA 30097

Signing Officer

Name
Flora Mitchell
Title
Executive Direc
Phone
7708857466
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Flora Mitchell
Formed
2010
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
0
Employees
2

Preparer

Firm
Accounting & Tax Advisory Group Pc
Address
555 N POINT CENTER E STE 400, ALPHARETTA, GA 30022
Preparer
Riolene Ibok
Phone
7705586338
Supplemental Narrative

Additional Explanations

General explanation attachment

Sound landing, inc. Provides supportive services and housing assistance services in conjunction with a wide array of supportive services. Our diverse and multi-cultural staff includes formerly homeless individuals, residents, and community members whose history and life experiences are a source of inspiration to clients. The organization has been awarded grants to provide transitional housing for a diverse group of homeless persons including individuals with mental illness and/or substance abuse, which includes local qualifying indigents, veterans and persons formerly incarcerated. Grants have also been awarded to provide permanent housing for these same individuals in addition to homeless single women with children.program objective: assistance and support with the rapid transition of single women with children into affordable housing and a more stable environment.funding - special housing grant:financial assistance provided based on individual assessment and may be provided on a sliding scale. The organization currently offers several programs including: (a) supportive services and temporary housing while assisting clients in obtaining income and permanent housing. Approximately 13 individuals and 3 families have obtained permanent housing with the assistance of sound landing and other collaborative partners. The average stay ranges from 6 months to 4 years. (b) gwinnett re-entry intervention program (grip) transitional housing for homeless persons being released from jail. Approximately 42 homeless veterans have been assisted in attaining permanent supportive housing. The goal of each program is to assist the client in obtaining the appropriate wrap-around services needed to end the cycle of homelessness, lower the recidivism rate and to help clients obtain self sufficiency and housing stability. Approximately 34 families (including more than 40 children)and 6 veterans have been assisted in obtaining permanent housing. The goal of each program is to assist the client in ending the cycle of homelessness and lower the recidivism rate for homelessness and incarceration by providing housing first and the appropriate wrap-round services and support.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOUND LANDING, INC. PROVIDES SUPPORTIVE SERVICES AND HOUSING ASSISTANCE SERVICES IN CONJUNCTION WITH A WIDE ARRAY OF SUPPORTIVE SERVICES. OUR DIVERSE AND MULTI-CULTURAL STAFF INCLUDES FORMERLY HOMELESS INDIVIDUALS, RESIDENTS, AND COMMUNITY MEMBERS WHOSE HISTORY AND LIFE EXPERIENCES ARE A SOURCE OF INSPIRATION TO CLIENTS. THE ORGANIZATION HAS BEEN AWARDED GRANTS TO PROVIDE TRANSITIONAL HOUSING FOR A DIVERSE GROUP OF HOMELESS PERSONS INCLUDING INDIVIDUALS WITH MENTAL ILLNESS AND/OR SUBSTANCE ABUSE, WHICH INCLUDES LOCAL QUALIFYING INDIGENTS, VETERANS AND PERSONS FORMERLY INCARCERATED. GRANTS HAVE ALSO BEEN AWARDED TO PROVIDE PERMANENT HOUSING FOR THESE SAME INDIVIDUALS IN ADDITION TO HOMELESS SINGLE WOMEN WITH CHILDREN.PROGRAM OBJECTIVE: ASSISTANCE AND SUPPORT WITH THE RAPID TRANSITION OF SINGLE WOMEN WITH CHILDREN INTO AFFORDABLE HOUSING AND A MORE STABLE ENVIRONMENT.FUNDING - SPECIAL HOUSING GRANT:FINANCIAL ASSISTANCE PROVIDED BASED ON INDIVIDUAL ASSESSMENT AND MAY BE PROVIDED ON A SLIDING SCALE. THE ORGANIZATION CURRENTLY OFFERS SEVERAL PROGRAMS INCLUDING: (A) SUPPORTIVE SERVICES AND TEMPORARY HOUSING WHILE ASSISTING CLIENTS IN OBTAINING INCOME AND PERMANENT HOUSING. APPROXIMATELY 13 INDIVIDUALS AND 3 FAMILIES HAVE OBTAINED PERMANENT HOUSING WITH THE ASSISTANCE OF SOUND LANDING AND OTHER COLLABORATIVE PARTNERS. THE AVERAGE STAY RANGES FROM 6 MONTHS TO 4 YEARS. (B) GWINNETT RE-ENTRY INTERVENTION PROGRAM (GRIP) TRANSITIONAL HOUSING FOR HOMELESS PERSONS BEING RELEASED FROM JAIL. APPROXIMATELY 42 HOMELESS VETERANS HAVE BEEN ASSISTED IN ATTAINING PERMANENT SUPPORTIVE HOUSING. THE GOAL OF EACH PROGRAM IS TO ASSIST THE CLIENT IN OBTAINING THE APPROPRIATE WRAP-AROUND SERVICES NEEDED TO END THE CYCLE OF HOMELESSNESS, LOWER THE RECIDIVISM RATE AND TO HELP CLIENTS OBTAIN SELF SUFFICIENCY AND HOUSING STABILITY. APPROXIMATELY 34 FAMILIES (INCLUDING MORE THAN 40 CHILDREN)AND 6 VETERANS HAVE BEEN ASSISTED IN OBTAINING PERMANENT HOUSING. THE GOAL OF EACH PROGRAM IS TO ASSIST THE CLIENT IN ENDING THE CYCLE OF HOMELESSNESS AND LOWER THE RECIDIVISM RATE FOR HOMELESSNESS AND INCARCERATION BY PROVIDING HOUSING FIRST AND THE APPROPRIATE WRAP-ROUND SERVICES AND SUPPORT.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0555 N POINT CENTER E STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALPHARETTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030022
ReturnHeader/PreparerPersonGrp/PhoneNum07705586338
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RIOLENE IBOK
ReturnHeader/ReturnTs02016-05-16T17:29:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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