Civic Intelligence

Rural Community Improvement Corporation Inc.

990 • Fiscal year 2017 • EIN 30-0399518

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 19, 2018

123 South 7th StreetCordele, GA 31015

(229) 268-7592

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

9.05x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

54th percentile

5.1%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

29th percentile

-2.9%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-10%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$734,383

Down $21,790 (-2.9%) from 2016

Net Assets

Up

$58,390

Up $3,789 (+6.9%) from 2016

Liabilities

Down

$675,993

Down $25,579 (-3.6%) from 2016

Revenue

Down

$74,693

Down $8,504 (-10%) from 2016

Expenses

Down

$70,904

Down $1,675 (-2.3%) from 2016

Net Income

Down

$3,789

Down $6,829 (-64%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $806,458Liabilities 2010: $826,636Net Assets 2010: -$20,1782010Assets 2011: $804,318Liabilities 2011: $817,908Net Assets 2011: -$13,5902011Assets 2013: $793,346Liabilities 2013: $775,456Net Assets 2013: $17,8902013Assets 2014: $788,056Liabilities 2014: $754,484Net Assets 2014: $33,5722014Assets 2015: $760,440Liabilities 2015: $716,457Net Assets 2015: $43,9832015Assets 2016: $756,173Liabilities 2016: $701,572Net Assets 2016: $54,6012016Assets 2017: $734,383Liabilities 2017: $675,993Net Assets 2017: $58,3902017Assets 2018: $708,773Liabilities 2018: $651,378Net Assets 2018: $57,3952018Assets 2019: $651,639Liabilities 2019: $648,039Net Assets 2019: $3,6002019Assets 2020: $639,502Liabilities 2020: $635,042Net Assets 2020: $4,4602020Assets 2021: $619,567Liabilities 2021: $620,282Net Assets 2021: -$7152021Assets 2022: $603,792Liabilities 2022: $607,380Net Assets 2022: -$3,5882022Assets 2024: $587,158Liabilities 2024: $569,803Net Assets 2024: $17,3552024

Highlighted filing

2017

Assets$734,383
Liabilities$675,993
Net Assets$58,390

Operations Trend

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

$150K$100K$50K$0-$50K-$100KExpenses 2010: $46,2112010Expenses 2011: $53,3852011Revenue 2013: $86,775Expenses 2013: $69,009Net Income 2013: $17,7662013Revenue 2014: $89,531Expenses 2014: $73,849Net Income 2014: $15,6822014Revenue 2015: $83,067Expenses 2015: $72,656Net Income 2015: $10,4112015Revenue 2016: $83,197Expenses 2016: $72,579Net Income 2016: $10,6182016Revenue 2017: $74,693Expenses 2017: $70,904Net Income 2017: $3,7892017Revenue 2018: $75,967Expenses 2018: $76,962Net Income 2018: -$9952018Revenue 2019: $76,256Expenses 2019: $130,051Net Income 2019: -$53,7952019Revenue 2020: $65,161Expenses 2020: $64,301Net Income 2020: $8602020Revenue 2021: $64,763Expenses 2021: $69,938Net Income 2021: -$5,1752021Revenue 2022: $62,878Expenses 2022: $65,751Net Income 2022: -$2,8732022Revenue 2024: $75,383Expenses 2024: $65,291Net Income 2024: $10,0922024

Highlighted filing

2017

Revenue$74,693
Expenses$70,904
Net Income$3,789
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 19, 2018
Return Version
2017v2.2
Gross Receipts
$74,693
Mission and Program Overview

Mission

Enrich and improve rural communities by working to eliminate substandard housing by either demolishing, renovating or building, simple, affordable housing in which people can live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$726,068$713,138▼ $12,930
Cash and Non-Interest-Bearing Accounts$23,067$19,287▼ $3,780
Accounts Receivable$7,038$1,958▼ $5,080
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$756,173$734,383▼ $21,790
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$686,658$660,293▼ $26,365
Accounts Payable and Accrued Expenses$14,914$15,700▲ $786
Total Liabilities$701,572$675,993▼ $25,579
Net Assets / Fund Balance
Unrestricted Net Assets$54,601$58,390▲ $3,789
Total Net Assets Fund Balance$54,601$58,390▲ $3,789
Total Liabilities and Net Assets / Fund Balance$756,173$734,383▼ $21,790

Asset Categories

AssetBook ValueDepreciationBasis
Land$442,823-$442,823
Buildings$270,315$84,471$354,786
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert B CookePresident
AJ RiversBoard member
Ulysses MorganBoard Member
Willie PatrickBoard Member
Susan Leger-BoikeSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$74,678
Investment Income
$15
Other Revenue
$0
Change in Net Assets
$3,789

Audited Revenue Reconciliation

Revenue per Audited Statements
$74,693
Total Revenue per Audited Statements
$74,693
Total Revenue per Form 990
$74,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$21,445--$21,445
Depreciation Depletion$12,930--$12,930
Fees for Services Management-$5,925-$5,925
Insurance$4,412--$4,412
Fees for Services Accounting-$3,830-$3,830
Other Expenses$413--$413
All Other Expenses$280--$280
Total Functional Expenses$61,149$9,755$0$70,904

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$70,904
Total Expenses per Audited Statements$70,904
Total Expenses per Form 990$70,904
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Line 11B: Form 990 Review Process

The Board of Directors review the Form 990 before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Executive Director and Deputy Director continually monitor activities to ensure compliance.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request.

Filing and Contact Details

Filer

Filer Name
Rural Community Improvement
EIN
30-0399518
Phone
2292687592
Address
123 South 7th Street, Cordele, GA 31015

Signing Officer

Name
Robert B Cooke
Title
President
Signed
2018-09-19
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Clifton Lipford Hardison & Parker
Address
1503 BASS RD, MACON, GA 31210-7511
Preparer
Mark O Hardison
Phone
4787423313
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

RCICI is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. For the year ended December 31, 2017, RCICI is taking the position that all income is derived as a result of its tax exempt purpose and there is no income derived form unrelated business activities. As a result, no tax liability has been recorded. RCICI believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.The Organizations federal Return of Organization Exempt from Income Tax (Form 990) for 2015, 2016 and 2017 are subject to examination by the IRS, generally for three years after they were filed.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt089481
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt086718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0417096
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0167
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt0417096
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt074678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt083182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt083037
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt089481
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt086718
IRS990ScheduleA/Total509Grp/TotalAmt0417096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt083197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt083067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt089531
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt086775
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0417263
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0270315
IRS990ScheduleD/BuildingsGrp/DepreciationAmt084471
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0354786
IRS990ScheduleD/ExpensesSubtotalAmt070904
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0442823
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0442823
IRS990ScheduleD/RevenueSubtotalAmt074693
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RCICI is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. For the year ended December 31, 2017, RCICI is taking the position that all income is derived as a result of its tax exempt purpose and there is no income derived form unrelated business activities. As a result, no tax liability has been recorded. RCICI believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.The Organizations federal Return of Organization Exempt from Income Tax (Form 990) for 2015, 2016 and 2017 are subject to examination by the IRS, generally for three years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0713138
IRS990ScheduleD/TotalExpensesPerForm990Amt070904
IRS990ScheduleD/TotalRevenuePerForm990Amt074693
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt074693
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt070904
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors review the Form 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director and Deputy Director continually monitor activities to ensure compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon Request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Southwest GA United Empowerment Zone
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Communities Empowering People Together
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0582196032
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1311830583
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Administer grants
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Agent for payroll and other expenses for housing program
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01150 Industrial Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11150 Industrial Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Vienna
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Vienna
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd031092
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd131092
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0756173
IRS990/TotalAssetsEOYAmt0734383
IRS990/TotalAssetsGrp/BOYAmt0756173
IRS990/TotalAssetsGrp/EOYAmt0734383
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09755
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061149
IRS990/TotalFunctionalExpensesGrp/TotalAmt070904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0701572
IRS990/TotalLiabilitiesEOYAmt0675993
IRS990/TotalLiabilitiesGrp/BOYAmt0701572
IRS990/TotalLiabilitiesGrp/EOYAmt0675993
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt054601

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$5.70$0.17$0.75$0.65$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$6.07$0.04$0.63$0.66$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$6.20$0.01$0.65$0.70$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$6.35$0.04$0.65$0.64$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.52$6.48$0.04$0.76$1.30$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$6.51$0.57$0.76$0.77$0.01
2017Detailed filing. Detailed filing data is available for this year.$7.34$6.76$0.58$0.75$0.71$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.56$7.02$0.55$0.83$0.73$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.60$7.16$0.44$0.83$0.73$0.10
2014Detailed filing. Detailed filing data is available for this year.$7.88$7.54$0.34$0.90$0.74$0.16
2013Detailed filing. Detailed filing data is available for this year.$7.93$7.75$0.18$0.87$0.69$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$8.18$0.14$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$8.27$0.20$0.46