Civic Intelligence

Pear Grove Inc.

990 • Fiscal year 2019 • EIN 30-0257535

Sep 01, 2018 to Aug 31, 2019 • Filed on Jan 10, 2020

2211 Norfolk Street 614Houston, TX 77098

(713) 526-9470

Siviq Scores

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

Liabilities / Assets

68th percentile

0.24x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

4.94x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

3rd percentile

-101%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-3.2%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,381,512

Down $65,639 (-4.5%) from 2018

Net Assets

Down

$1,056,292

Down $66,560 (-5.9%) from 2018

Liabilities

Up

$325,220

Up $921 (+0.3%) from 2018

Revenue

Down

$65,883

Down $2,163 (-3.2%) from 2018

Expenses

Down

$132,442

Down $40,459 (-23%) from 2018

Net Income

Up

-$66,559

Up $38,296 (+37%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $1,604,174Liabilities 2016: $320,043Net Assets 2016: $1,284,1312016Assets 2017: $1,544,965Liabilities 2017: $317,258Net Assets 2017: $1,227,7072017Assets 2018: $1,447,151Liabilities 2018: $324,299Net Assets 2018: $1,122,8522018Assets 2019: $1,381,512Liabilities 2019: $325,220Net Assets 2019: $1,056,2922019Assets 2020: $1,327,660Liabilities 2020: $98,818Net Assets 2020: $1,228,8422020Assets 2021: $1,271,016Liabilities 2021: $111,040Net Assets 2021: $1,159,9762021Assets 2022: $1,231,542Liabilities 2022: $136,546Net Assets 2022: $1,094,9962022Assets 2023: $1,195,224Liabilities 2023: $160,877Net Assets 2023: $1,034,3472023Assets 2024: $1,153,413Liabilities 2024: $165,067Net Assets 2024: $988,3462024

Highlighted filing

2019

Assets$1,381,512
Liabilities$325,220
Net Assets$1,056,292

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $70,200Expenses 2016: $116,073Net Income 2016: -$45,8732016Revenue 2017: $70,209Expenses 2017: $126,633Net Income 2017: -$56,4242017Revenue 2018: $68,046Expenses 2018: $172,901Net Income 2018: -$104,8552018Revenue 2019: $65,883Expenses 2019: $132,442Net Income 2019: -$66,5592019Revenue 2020: $296,970Expenses 2020: $124,420Net Income 2020: $172,5502020Revenue 2021: $73,302Expenses 2021: $142,168Net Income 2021: -$68,8662021Revenue 2022: $79,269Expenses 2022: $144,249Net Income 2022: -$64,9802022Revenue 2023: $87,366Expenses 2023: $148,015Net Income 2023: -$60,6492023Revenue 2024: $99,674Expenses 2024: $145,675Net Income 2024: -$46,0012024

Highlighted filing

2019

Revenue$65,883
Expenses$132,442
Net Income-$66,559
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 10, 2020
Return Version
2018v3.2
Gross Receipts
$65,883
Mission and Program Overview

Mission

Provides housing to disabled persons under section 811 of the national housing act under agreement with the department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,300,326$1,254,622▼ $45,704
Savings and Temporary Cash Investments$40,910$32,944▼ $7,966
Accounts Receivable$12,341--
Prepaid Expenses and Deferred Charges$4,276--
Cash and Non-Interest-Bearing Accounts-$2,585-
Total Assets$1,447,151$1,381,512▼ $65,639
Other Assets Total$89,298$91,361▲ $2,063
Liabilities
Accounts Payable and Accrued Expenses$223,606$224,700▲ $1,094
Mortgage Notes Payable Secured by Investment Property$70,000$70,000→ $0
Other Liabilities$30,693$30,520▼ $173
Total Liabilities$324,299$325,220▲ $921
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$1,527,300-
Unrestricted Net Assets$1,122,852$-471,008▼ $1,593,860
Total Net Assets Fund Balance$1,122,852$1,056,292▼ $66,560
Total Liabilities and Net Assets / Fund Balance$1,447,151$1,381,512▼ $65,639

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,249,767$500,207$1,749,974
Equipment$4,855$43,964$48,819
Other Assets Org$601--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hatti Pace FinlaysonPresident
Herb BatemanSecretary
Rose ChildsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$65,724
Investment Income
$159
Other Revenue
$0
Change in Net Assets
$-66,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,883
Total Revenue per Audited Statements
$65,883
Total Revenue per Form 990
$65,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,712
Salaries, Compensation, and Employee Benefits$11,730
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$45,704--$45,704
Occupancy$40,371--$40,371
Office Expenses$11,794--$11,794
Other Salaries and Wages$11,462--$11,462
Insurance$7,995--$7,995
Fees for Services Management-$6,754-$6,754
Fees for Services Accounting-$6,301-$6,301
Payroll Taxes$268--$268
Other Expenses$67--$67
All Other Expenses$44--$44
Total Functional Expenses$119,387$13,055$0$132,442

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$132,443
Expenses per Audited Statements$132,442
Total Expenses per Form 990$132,442
Expenses Not Reported on Form 990$1
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
Due to Harris Center$27,307
Tenant Sec Deposits Payable$3,213
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management duties were delegated to houston housing mgmt corp, 2211 norfolk st., ste 614, houston tx 77098.

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

The corporation is a component unit of the harris center for mental health and idd , a state authority. The authority appoints the board of directors.

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

Decisions of the governing body are subject to approval by the state authority.

Form 990, Page 6, Part VI, Line 8A

The management company indicates that the board did not conduct any meetings held during fiscal year ended 8/31/19.

Form 990, Page 6, Part VI, Line 8B

The management company indicates that committees did not conduct any meetings held during fiscal year ended 8/31/19.

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

The form 990 is reviewed by the president who has the authority of the board. A copy of the completed return is made available to the full board in the normal course of business.

Form 990, Page 6, Part VI, Line 12C

Information regarding the monitoring and enforcement of compliance with the conflict of interest policy is on file at the harris center for mental health and idd (state authority).

Form 990, Page 6, Part VI, Line 19

The documents are available upon request at the address below: houston housing management corp. 2211 norfolk street, ste 614 houston tx 77098.

Filing and Contact Details

Filer

Filer Name
Pear Grove Inc
EIN
30-0257535
Phone
7135269470
Address
2211 NORFOLK STREET 614, HOUSTON, TX 77098
Doing Business As
Pear Grove Apartments

Signing Officer

Name
Linda Holder
Title
Managing Agent
Phone
7135269470
Signed
2020-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hatti Pace Finlayson
Formed
2008
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Carlos Taboada & Company Pc
Address
1001 S DAIRY ASHFORD STE 370, HOUSTON, TX 77077-2333
Preparer
Carlos Taboada
Phone
2816063011
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference -1

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 1

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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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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4UTILITY DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO HARRIS CENTER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SEC DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt065883
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01254622
IRS990ScheduleD/TotalBookValueOtherAssetsAmt091361
IRS990ScheduleD/TotalExpensesPerForm990Amt0132442
IRS990ScheduleD/TotalLiabilityAmt030520
IRS990ScheduleD/TotalRevenuePerForm990Amt065883
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt065883
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0132443
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES WERE DELEGATED TO HOUSTON HOUSING MGMT CORP, 2211 NORFOLK ST., STE 614, HOUSTON TX 77098.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION IS A COMPONENT UNIT OF THE HARRIS CENTER FOR MENTAL HEALTH AND IDD , A STATE AUTHORITY. THE AUTHORITY APPOINTS THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE STATE AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGEMENT COMPANY INDICATES THAT THE BOARD DID NOT CONDUCT ANY MEETINGS HELD DURING FISCAL YEAR ENDED 8/31/19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT COMPANY INDICATES THAT COMMITTEES DID NOT CONDUCT ANY MEETINGS HELD DURING FISCAL YEAR ENDED 8/31/19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE PRESIDENT WHO HAS THE AUTHORITY OF THE BOARD. A COPY OF THE COMPLETED RETURN IS MADE AVAILABLE TO THE FULL BOARD IN THE NORMAL COURSE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INFORMATION REGARDING THE MONITORING AND ENFORCEMENT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ON FILE AT THE HARRIS CENTER FOR MENTAL HEALTH AND IDD (STATE AUTHORITY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ADDRESS BELOW: HOUSTON HOUSING MANAGEMENT CORP. 2211 NORFOLK STREET, STE 614 HOUSTON TX 77098.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE -1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01447151
IRS990/TotalAssetsGrp/EOYAmt01381512
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013055
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0119387
IRS990/TotalFunctionalExpensesGrp/TotalAmt0132442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0324299
IRS990/TotalLiabilitiesEOYAmt0325220
IRS990/TotalLiabilitiesGrp/BOYAmt0324299
IRS990/TotalLiabilitiesGrp/EOYAmt0325220
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01122852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01056292
IRS990/TotalProgramServiceExpensesAmt0119387
IRS990/TotalProgramServiceRevenueAmt065724
IRS990/TotalRevenueGrp/ExclusionAmt0159
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt065724
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt065883
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01447151
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01381512
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01122852
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-471008
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02211 NORFOLK STE 614
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077098
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA HOLDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07135269470
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEAR GROVE INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAR
ReturnHeader/Filer/EIN0300257535
ReturnHeader/Filer/PhoneNum07135269470
ReturnHeader/Filer/USAddress/AddressLine1Txt02211 NORFOLK STREET 614
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077098
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId068391443E8F1BC2764ED7965D92710CBD1985FD8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02632DA6CE618163466EFF30A1DEC1BD8E5A909E9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.213.39.102
ReturnHeader/FilingSecurityInformation/IPDt02020-01-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:25:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452609906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLOS TABOADA & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 S DAIRY ASHFORD STE 370
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770772333
ReturnHeader/PreparerPersonGrp/PhoneNum02816063011
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLOS TABOADA
ReturnHeader/ReturnTs02020-01-13T11:25:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

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