Civic Intelligence

Community One Inc.

990 • Fiscal year 2018 • EIN 27-4032617

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 01, 2019

402 S Green River RoadEvansville, IN 47715-7307

(812) 629-0410

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

86th percentile

28%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

57%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,117,874

Up $244,666 (+28%) from 2017

Net Assets

Up

$1,115,728

Up $245,973 (+28%) from 2017

Liabilities

Down

$2,146

Down $1,307 (-38%) from 2017

Revenue

Up

$960,177

Up $347,050 (+57%) from 2017

Expenses

Up

$714,204

Up $179,715 (+34%) from 2017

Net Income

Up

$245,973

Up $167,335 (+213%) from 2017

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 2013: $276,546Liabilities 2013: $0Net Assets 2013: $276,5462013Assets 2014: $456,825Liabilities 2014: $0Net Assets 2014: $456,8252014Assets 2015: $814,819Liabilities 2015: $0Net Assets 2015: $814,8192015Assets 2016: $791,117Liabilities 2016: $0Net Assets 2016: $791,1172016Assets 2017: $873,208Liabilities 2017: $3,453Net Assets 2017: $869,7552017Assets 2018: $1,117,874Liabilities 2018: $2,146Net Assets 2018: $1,115,7282018Assets 2019: $1,016,003Liabilities 2019: $200Net Assets 2019: $1,015,8032019Assets 2020: $1,317,553Liabilities 2020: $200Net Assets 2020: $1,317,3532020Assets 2021: $1,463,104Liabilities 2021: $7,243Net Assets 2021: $1,455,8612021Assets 2022: $1,465,631Liabilities 2022: $8,555Net Assets 2022: $1,457,0762022Assets 2023: $2,859,987Liabilities 2023: $10,658Net Assets 2023: $2,849,3292023Assets 2024: $2,461,807Liabilities 2024: $8,468Net Assets 2024: $2,453,3392024

Highlighted filing

2018

Assets$1,117,874
Liabilities$2,146
Net Assets$1,115,728

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $276,594Expenses 2013: $119,783Net Income 2013: $156,8112013Revenue 2014: $602,654Expenses 2014: $422,375Net Income 2014: $180,2792014Revenue 2015: $833,956Expenses 2015: $473,467Net Income 2015: $360,4892015Revenue 2016: $778,729Expenses 2016: $802,431Net Income 2016: -$23,7022016Revenue 2017: $613,127Expenses 2017: $534,489Net Income 2017: $78,6382017Revenue 2018: $960,177Expenses 2018: $714,204Net Income 2018: $245,9732018Revenue 2019: $717,376Expenses 2019: $778,385Net Income 2019: -$61,0092019Revenue 2020: $1,146,956Expenses 2020: $843,912Net Income 2020: $303,0442020Revenue 2021: $1,126,647Expenses 2021: $988,139Net Income 2021: $138,5082021Revenue 2022: $986,335Expenses 2022: $985,120Net Income 2022: $1,2152022Revenue 2023: $2,519,186Expenses 2023: $1,126,933Net Income 2023: $1,392,2532023Revenue 2024: $1,366,457Expenses 2024: $1,796,800Net Income 2024: -$430,3432024

Highlighted filing

2018

Revenue$960,177
Expenses$714,204
Net Income$245,973
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 1, 2019
Return Version
2018v3.1
Gross Receipts
$1,158,841
Mission and Program Overview

Mission

Community one is a non-profit community development corporation (cdc) addressing housing restoration and neighborhood revitalization needs in the evansville, indiana region. Inspired by love for our neighbors, our mission is to empower people, restore neighborhoods, and renew hope in our community through meaningful relationships and collaborative neighborhood revitalization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$479,678$749,424▲ $269,746
Savings and Temporary Cash Investments$253,233$255,777▲ $2,544
Inventories for Sale or Use-$78,839-
Land, Buildings, and Equipment, Net$2,620$33,754▲ $31,134
Total Assets$873,208$1,117,874▲ $244,666
Other Assets Total$137,677$80▼ $137,597
Liabilities
Other Liabilities$3,453$2,146▼ $1,307
Total Liabilities$3,453$2,146▼ $1,307
Net Assets / Fund Balance
Unrestricted Net Assets$869,755$1,115,728▲ $245,973
Total Net Assets Fund Balance$869,755$1,115,728▲ $245,973
Total Liabilities and Net Assets / Fund Balance$873,208$1,117,874▲ $244,666

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,754$11,934$45,688
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug WurmnestPresident
Carrie EllspermannBoard Member
Don ChaudoinBoard Member
Doug BriodyBoard Member
Dr Marlon Jordan MdBoard Member
Dr Moges SisayBoard Member
Rick MooreBoard Member
Todd JacobsBoard Member
Tom SladeBoard Member
Tracie YoungBoard Memebe
Jeff WhitesideSecretary
Bob ScalesTreasurer
Tim DeisherVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$981,671
Program Service Revenue
$4,214
Investment Income
$3,376
Other Revenue
$-29,084
All Other Contributions
$981,671
Change in Net Assets
$245,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$403,666
Salaries, Compensation, and Employee Benefits$310,538
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,060$57,203-$268,263
Advertising-$33,804-$33,804
Other Employee Benefits$17,303$5,905-$23,208
Payroll Taxes$14,977$4,090-$19,067
Information Technology-$15,186-$15,186
Other Expenses$10,113--$10,113
Occupancy$523$9,075-$9,598
Travel$7,475$588-$8,063
Insurance$1,625$5,219-$6,844
Office Expenses-$6,403-$6,403
Depreciation Depletion-$4,700-$4,700
Fees for Services Accounting-$3,700-$3,700
Conferences and Meetings$49$3,472-$3,521
All Other Expenses$1,230$1,086-$2,316
Fees for Services Other-$2,240-$2,240
Fees for Services Legal-$802-$802
Total Functional Expenses$560,731$153,473$0$714,204
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
Credit Accounts$2,146
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

ELECTION HELD ANNUALLY

Form 990, Page 6, Part VI, Line 7B

Approval of board necessary to 1) amend bylaws, 2) elect and/or remove officers and/or directors; and 3) hire as an employee and/or terminate the employment of an executive director or other executive-level, managerial, or highly-compensated staff.

Form 990, Page 6, Part VI, Line 11B

Board of directors will review and approve filing of the form 990

Form 990, Page 6, Part VI, Line 15A

The executive committee, which is comprised of the president, vice president, secretary and treasurer of the board, is authorized to act in regard to all personnel matters which would include the review of the executive director,top management and key employees and their salary increases.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Community One Inc
EIN
27-4032617
Phone
8126290410
Address
402 S GREEN RIVER ROAD, EVANSVILLE, IN 47715-7307
Doing Business As
Community One Inc

Signing Officer

Name
Eric G Cummings
Title
Executive Director
Phone
8122506888
Signed
2019-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric G Cummings
Formed
2010
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
15
Volunteers
250

Preparer

Firm
Vowells & Schaaf Llp
Address
PO BOX 119, EVANSVILLE, IN 47701-0119
Preparer
Mark a Aiton CPA
Phone
8124214165
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

COMMUNITY ONE INC

FORM 990 - ORGANIZATION'S MISSION

Community one is a non-profit community development corporation (cdc) addressing housing restoration and neighborhood revitalization needs in the evansville, indiana region. Inspired by love for our neighbors, our mission is to empower people, restore neighborhoods, and renew hope in our community through meaningful relationships and collaborative neighborhood revitalization.

Form 990

During 2018, community one ("the taxpayer") served as fiscal agent for a startup not for profit organization operating under the temporary name of evansville city transformation (ect.) our fiscal agency role included providing ect with administrative support services (hr, payroll, and accounting) as well as processing donations. In return for these services, ect paid community one a modest monthly fee. Over the course of 2018, the taxpayer received 326,086, via grant requests by community one, in restricted funding for the benefit of ect to pay their personnel and programming expenses. In 2018, the taxpayer expended 265,462 on ect's behalf, leaving a net income of 60,624. In late 2018, ect applied for 501(c)(3) status under the name for evansville, inc.

Form 990, Page 1, Part I, Line 6

Volunteers are the heart of our organization, serving in roles that include board of directors, fundraising, administrative support, vehicle care, homes repair project coordination and completion, whole-house rehab project management and construction, community development projects, event support, and hospitality.

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0253233
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0981671
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0540812
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0758920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0738823
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0491661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03511887
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt048883
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt037752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0101413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0111960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0300008
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0159531
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt089739
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01528
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0840236
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0603621
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt011934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033754
IRS990ScheduleD/TotalLiabilityAmt02146
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY ONE INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY ONE IS A NON-PROFIT COMMUNITY DEVELOPMENT CORPORATION (CDC) ADDRESSING HOUSING RESTORATION AND NEIGHBORHOOD REVITALIZATION NEEDS IN THE EVANSVILLE, INDIANA REGION. INSPIRED BY LOVE FOR OUR NEIGHBORS, OUR MISSION IS TO EMPOWER PEOPLE, RESTORE NEIGHBORHOODS, AND RENEW HOPE IN OUR COMMUNITY THROUGH MEANINGFUL RELATIONSHIPS AND COLLABORATIVE NEIGHBORHOOD REVITALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING 2018, COMMUNITY ONE ("THE TAXPAYER") SERVED AS FISCAL AGENT FOR A STARTUP NOT FOR PROFIT ORGANIZATION OPERATING UNDER THE TEMPORARY NAME OF EVANSVILLE CITY TRANSFORMATION (ECT.) OUR FISCAL AGENCY ROLE INCLUDED PROVIDING ECT WITH ADMINISTRATIVE SUPPORT SERVICES (HR, PAYROLL, AND ACCOUNTING) AS WELL AS PROCESSING DONATIONS. IN RETURN FOR THESE SERVICES, ECT PAID COMMUNITY ONE A MODEST MONTHLY FEE. OVER THE COURSE OF 2018, THE TAXPAYER RECEIVED 326,086, VIA GRANT REQUESTS BY COMMUNITY ONE, IN RESTRICTED FUNDING FOR THE BENEFIT OF ECT TO PAY THEIR PERSONNEL AND PROGRAMMING EXPENSES. IN 2018, THE TAXPAYER EXPENDED 265,462 ON ECT'S BEHALF, LEAVING A NET INCOME OF 60,624. IN LATE 2018, ECT APPLIED FOR 501(C)(3) STATUS UNDER THE NAME FOR EVANSVILLE, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VOLUNTEERS ARE THE HEART OF OUR ORGANIZATION, SERVING IN ROLES THAT INCLUDE BOARD OF DIRECTORS, FUNDRAISING, ADMINISTRATIVE SUPPORT, VEHICLE CARE, HOMES REPAIR PROJECT COORDINATION AND COMPLETION, WHOLE-HOUSE REHAB PROJECT MANAGEMENT AND CONSTRUCTION, COMMUNITY DEVELOPMENT PROJECTS, EVENT SUPPORT, AND HOSPITALITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELECTION HELD ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5APPROVAL OF BOARD NECESSARY TO 1) AMEND BYLAWS, 2) ELECT AND/OR REMOVE OFFICERS AND/OR DIRECTORS; AND 3) HIRE AS AN EMPLOYEE AND/OR TERMINATE THE EMPLOYMENT OF AN EXECUTIVE DIRECTOR OR OTHER EXECUTIVE-LEVEL, MANAGERIAL, OR HIGHLY-COMPENSATED STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD OF DIRECTORS WILL REVIEW AND APPROVE FILING OF THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER OF THE BOARD, IS AUTHORIZED TO ACT IN REGARD TO ALL PERSONNEL MATTERS WHICH WOULD INCLUDE THE REVIEW OF THE EXECUTIVE DIRECTOR,TOP MANAGEMENT AND KEY EMPLOYEES AND THEIR SALARY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalVolunteersCnt0250
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IRS990/TravelGrp/TotalAmt08063
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