Civic Intelligence

Resident Resources Network Inc.

990 • Fiscal year 2016 • EIN 27-4676214

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

6880 Tussing RoadReynoldsburg, OH 43068

(614) 863-4640

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

56th percentile

5.2%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$96,278

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.3%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

489%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$988,964

Up $49,808 (+5.3%) from 2015

Net Assets

Up

$988,004

Up $48,932 (+5.2%) from 2015

Liabilities

Up

$960

Up $876 (+1043%) from 2015

Revenue

Up

$946,037

Up $785,329 (+489%) from 2015

Expenses

Up

$897,105

Up $755,052 (+532%) from 2015

Net Income

Up

$48,932

Up $30,277 (+162%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2014: $920,774Liabilities 2014: $357Net Assets 2014: $920,4172014Assets 2015: $939,156Liabilities 2015: $84Net Assets 2015: $939,0722015Assets 2016: $988,964Liabilities 2016: $960Net Assets 2016: $988,0042016Assets 2017: $777,552Liabilities 2017: $97,631Net Assets 2017: $679,9212017Assets 2018: $827,431Liabilities 2018: $0Net Assets 2018: $827,4312018Assets 2019: $3,499,093Liabilities 2019: $1,834,949Net Assets 2019: $1,664,1442019Assets 2020: $5,238,422Liabilities 2020: $3,656,029Net Assets 2020: $1,582,3932020Assets 2021: $9,374,986Liabilities 2021: $6,555,878Net Assets 2021: $2,819,1082021Assets 2022: $14,127,854Liabilities 2022: $8,454,011Net Assets 2022: $5,673,8432022Assets 2023: $16,367,686Liabilities 2023: $8,977,896Net Assets 2023: $7,389,7902023Assets 2024: $25,842,759Liabilities 2024: $12,045,159Net Assets 2024: $13,797,6002024

Highlighted filing

2016

Assets$988,964
Liabilities$960
Net Assets$988,004

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $95,7152011Revenue 2014: $1,136,914Expenses 2014: $121,509Net Income 2014: $1,015,4052014Revenue 2015: $160,708Expenses 2015: $142,053Net Income 2015: $18,6552015Revenue 2016: $946,037Expenses 2016: $897,105Net Income 2016: $48,9322016Revenue 2017: $1,290,974Expenses 2017: $1,130,628Net Income 2017: $160,3462017Revenue 2018: $1,096,002Expenses 2018: $910,113Net Income 2018: $185,8892018Revenue 2019: $1,471,491Expenses 2019: $634,778Net Income 2019: $836,7132019Revenue 2020: $1,055,353Expenses 2020: $1,137,104Net Income 2020: -$81,7512020Revenue 2021: $1,601,227Expenses 2021: $516,523Net Income 2021: $1,084,7042021Revenue 2022: $3,366,691Expenses 2022: $886,956Net Income 2022: $2,479,7352022Revenue 2023: $2,748,660Expenses 2023: $1,032,714Net Income 2023: $1,715,9462023Revenue 2024: $7,326,367Expenses 2024: $918,557Net Income 2024: $6,407,8102024

Highlighted filing

2016

Revenue$946,037
Expenses$897,105
Net Income$48,932
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$946,037
Mission and Program Overview

Mission

Resident resources network, inc. Aims to become the regional leader in breaking the cycle of generational poverty within the affordable housing communities we serve. We achieve this by being a resource network for residents who are in need of supportive services (i.e. Education, employment, health, etc.) and by providing a safe environment.

To break the cycle of generational poverty by enhancing the lives of residents we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$938,414$938,414→ $0
Cash and Non-Interest-Bearing Accounts$742$50,550▲ $49,808
Total Assets$939,156$988,964▲ $49,808
Liabilities
Accounts Payable and Accrued Expenses$84$960▲ $876
Total Liabilities$84$960▲ $876
Net Assets / Fund Balance
Unrestricted Net Assets$939,072$988,004▲ $48,932
Total Net Assets Fund Balance$939,072$988,004▲ $48,932
Total Liabilities and Net Assets / Fund Balance$939,156$988,964▲ $49,808

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$938,414--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
L Shon BurchExecutive Director/SecretaFT$94,519$1,759$96,278

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$894,596
Program Service Revenue
$51,440
Investment Income
$1
Other Revenue
$0
All Other Contributions
$894,596
Change in Net Assets
$48,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$762,923
Salaries, Compensation, and Employee Benefits$122,747
Grants and Similar Amounts Paid$11,435
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$86,650$9,628-$96,278
Other Salaries and Wages$23,822$2,647-$26,469
Fees for Services Legal$12,645--$12,645
Grants to Domestic Orgs$11,435--$11,435
Conferences and Meetings$6,316--$6,316
Advertising$2,300--$2,300
Fees for Services Accounting$2,000--$2,000
Other Expenses$1,518$1,522-$1,518
Office Expenses$1,160--$1,160
All Other Expenses$55$667-$722
Fees for Services Other$197--$197
Total Functional Expenses$877,078$20,027$0$897,105
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
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
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 Form 990 is reviewed by the executive director with the assistance of the outside CPA firm.

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

In connection with any actual or possilbe conflict of interest, an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the trustees and members of committees with governing board delegated powers considering the proposed transaction or arrangment. The determination as to whether a conflict of interest exists is then voted upon. A majority vote is necessary to determine if the transaction or arrangement is in the organization's best interest. Appropriate disciplinary and corrective action is taken for violations of this policy.

Form 990, Part VI, Section C, line 19

the organization's governing documents, conflict of interest policy and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Resident Resources Network Inc
EIN
27-4676214
Phone
6148634640
Address
6880 Tussing Road, Reynoldsburg, OH 43068

Signing Officer

Name
L Shon Burch
Title
Executive Director
Phone
6148634640
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
L Shon Burch
Formed
2011
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
6

Preparer

Firm
Clark Schaefer Hackett & Co
Address
4449 Easton Way Suite 400, Columbus, OH 43219
Preparer
Natosha Dilley
Phone
6148852208
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IRS990/MissionDesc0Resident Resources Network, Inc. aims to become the regional leader in breaking the cycle of generational poverty within the affordable housing communities we serve. We achieve this by being a resource network for residents who are in need of supportive services (i.e., education, employment, health, etc.) and by providing a safe environment.
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investment in low income housing partnerships
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0938414
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the executive director with the assistance of the outside CPA firm.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In connection with any actual or possilbe conflict of interest, an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the trustees and members of committees with governing board delegated powers considering the proposed transaction or arrangment. The determination as to whether a conflict of interest exists is then voted upon. A majority vote is necessary to determine if the transaction or arrangement is in the organization's best interest. Appropriate disciplinary and corrective action is taken for violations of this policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the organization's governing documents, conflict of interest policy and financial statements are not made available to the public.
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Resident Resources Network Inc
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1Resident Resources Network Inc
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0RRN Cambridge Commons LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1RRN West Lafayette LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Low income rental real estate
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Low income rental real estate
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt06880 Tussing Road
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt16880 Tussing Road
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Reynoldsburg
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1Reynoldsburg
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd043068
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd143068
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0311349267
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1311349266
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2311527734
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3311527729
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.99000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct10.99000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Low income rental real estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1Low income rental real estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2Low income rental real estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3Low income rental real estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Faith Village Limited Partnership
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1Faith Village II Limited Partnership
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2West Lafayette Townhomes LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt3Cambridge Commons LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt0412942
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt1609001
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt09053
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt18925
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0PO Box 1023
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1PO Box 1023
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt2PO Box 1023
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt3PO Box 1023
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Columbus
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1Columbus
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm2Columbus
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm3Columbus
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd2OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd3OH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd043216
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd143216
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd243216
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd343216
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0939156
IRS990/TotalAssetsEOYAmt0988964
IRS990/TotalAssetsGrp/BOYAmt0939156
IRS990/TotalAssetsGrp/EOYAmt0988964
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0894596
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0877078
IRS990/TotalFunctionalExpensesGrp/TotalAmt0897105
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084
IRS990/TotalLiabilitiesEOYAmt0960
IRS990/TotalLiabilitiesGrp/BOYAmt084
IRS990/TotalLiabilitiesGrp/EOYAmt0960
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0939072
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0988004

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$12.0$13.8$7.33$0.92$6.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$8.98$7.39$2.75$1.03$1.72
2022Detailed filing. Detailed filing data is available for this year.$14.1$8.45$5.67$3.37$0.89$2.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.37$6.56$2.82$1.60$0.52$1.08
2020Detailed filing. Detailed filing data is available for this year.$5.24$3.66$1.58$1.06$1.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.50$1.83$1.66$1.47$0.63$0.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.00$0.83$1.10$0.91$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.10$0.68$1.29$1.13$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.95$0.90$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.16$0.14$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.14$0.12$1.02
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.10