Civic Intelligence

Edison Apartments Inc

990EZ • Fiscal year 2015 • EIN 31-0821755

Oct 01, 2014 to Sep 30, 2015 • Filed on Jan 13, 2016

1418 Central Parkway No 202Cincinnati, OH 45202

(513) 621-5452

Siviq Scores

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

Liabilities / Assets

79th percentile

0.14x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.14x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

66th percentile

8.3%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

78th percentile

17%

Faster revenue growth than 78% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$157,817

Up $12,162 (+8.3%) from 2014

Net Assets

Up

$135,237

Up $12,927 (+11%) from 2014

Liabilities

Down

$22,580

Down $765 (-3.3%) from 2014

Revenue

Up

$165,213

Up $24,552 (+17%) from 2014

Expenses

Up

$152,286

Up $1,617 (+1.1%) from 2014

Net Income

Up

$12,927

Up $22,935 (+229%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $157,188Liabilities 2013: $24,870Net Assets 2013: $132,3182013Assets 2014: $145,655Liabilities 2014: $23,345Net Assets 2014: $122,3102014Assets 2015: $157,817Liabilities 2015: $22,580Net Assets 2015: $135,2372015Assets 2016: $178,004Liabilities 2016: $24,120Net Assets 2016: $153,8842016Assets 2017: $221,240Liabilities 2017: $34,423Net Assets 2017: $186,8172017Assets 2018: $214,886Liabilities 2018: $34,236Net Assets 2018: $180,6502018Assets 2019: $231,771Liabilities 2019: $24,815Net Assets 2019: $206,9562019Assets 2020: $226,098Liabilities 2020: $27,850Net Assets 2020: $198,2482020Assets 2021: $228,973Liabilities 2021: $32,050Net Assets 2021: $196,9232021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$157,817
Liabilities$22,580
Net Assets$135,237

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $126,712Expenses 2013: $144,806Net Income 2013: -$18,0942013Revenue 2014: $140,661Expenses 2014: $150,669Net Income 2014: -$10,0082014Revenue 2015: $165,213Expenses 2015: $152,286Net Income 2015: $12,9272015Revenue 2016: $154,046Expenses 2016: $135,399Net Income 2016: $18,6472016Revenue 2017: $169,438Expenses 2017: $136,505Net Income 2017: $32,9332017Revenue 2018: $146,566Expenses 2018: $152,733Net Income 2018: -$6,1672018Revenue 2019: $155,352Expenses 2019: $129,046Net Income 2019: $26,3062019Revenue 2020: $143,413Expenses 2020: $152,121Net Income 2020: -$8,7082020Revenue 2021: $188,843Expenses 2021: $190,168Net Income 2021: -$1,3252021Revenue 2022: $515,354Expenses 2022: $712,277Net Income 2022: -$196,9232022

Highlighted filing

2015

Revenue$165,213
Expenses$152,286
Net Income$12,927
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 13, 2016
Return Version
2014v6.0
Gross Receipts
$165,213
Mission and Program Overview

Mission

Provide low income housing

Program Services

DescriptionGrantsExpenses
PROVIDE LOW INCOME HOUSING$0$152,286
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVESTER BROWNPresident-$0--
PAULETTE TRIBBLESecretary-$0--
ANTHONY MCMILLENMember-$0--
Filing and Contact Details

Filer

Filer Name
Edison Apartments Inc
EIN
31-0821755
Phone
5136215452
Address
1418 CENTRAL PARKWAY NO 202, CINCINNATI, OH 45202

Signing Officer

Name
Sylvester Brown
Title
President
Phone
5136215452
Signed
2016-01-13
Discuss with paid preparer
Yes

Preparer

Firm
Clark Schaefer Hackett & Co
Address
4449 EASTON WAY SUITE 400, COLUMBUS, OH 43219
Preparer
Andrew W Gantzer
Phone
6148852208
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: laundry and vending revenue. Amount: 777. Description: tenant charges. Amount: 1,632. Total to form 990-ez, line 8: 2,409.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: management fees. Amount: 14,023. Description: office expenses. Amount: 1,096. Description: real estate tax. Amount: 13,592. Description: insurance. Amount: 7,302. Description: depreciation. Amount: 1,867. Description: misc taxes. Amount: 1,200. Total to form 990-ez, line 16: 39,080.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable - net. Beg. Of year amount: 3,275. End of year amount: 36. Description: tenant deposits held in trust. Beg. Of year amount: 11,296. End of year amount: 11,535. Description: other reserves. Beg. Of year amount: 97,439. End of year amount: 98,169.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable & accrued expenses. Beg. Of year amount: 19,333. End of year amount: 18,568. Description: tenant security deposits liability. Beg. Of year amount: 4,012. End of year amount: 4,012.

Raw XML Appendix118 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RTS & ASSOCIATES INC
IRS990EZ/BooksInCareOfDetail/PhoneNum05136215452
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01418 CENTRAL PARKWAY SUITE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06932
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09751
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt012927
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022326
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0157817
IRS990EZ/GrossReceiptsAmt0165213
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0135237
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SYLVESTER BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAULETTE TRIBBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANTHONY MCMILLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0112010
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0109740
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt039080
IRS990EZ/OtherRevenueTotalAmt02409
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramServiceRevenueAmt052054
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0152286
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt045668
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0152286
IRS990EZ/TotalProgramServiceExpensesAmt0152286
IRS990EZ/TotalRevenueAmt0165213
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: LAUNDRY AND VENDING REVENUE. AMOUNT: 777. DESCRIPTION: TENANT CHARGES. AMOUNT: 1,632. TOTAL TO FORM 990-EZ, LINE 8: 2,409.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEES. AMOUNT: 14,023. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,096. DESCRIPTION: REAL ESTATE TAX. AMOUNT: 13,592. DESCRIPTION: INSURANCE. AMOUNT: 7,302. DESCRIPTION: DEPRECIATION. AMOUNT: 1,867. DESCRIPTION: MISC TAXES. AMOUNT: 1,200. TOTAL TO FORM 990-EZ, LINE 16: 39,080.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE - NET. BEG. OF YEAR AMOUNT: 3,275. END OF YEAR AMOUNT: 36. DESCRIPTION: TENANT DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 11,296. END OF YEAR AMOUNT: 11,535. DESCRIPTION: OTHER RESERVES. BEG. OF YEAR AMOUNT: 97,439. END OF YEAR AMOUNT: 98,169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 19,333. END OF YEAR AMOUNT: 18,568. DESCRIPTION: TENANT SECURITY DEPOSITS LIABILITY. BEG. OF YEAR AMOUNT: 4,012. END OF YEAR AMOUNT: 4,012.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVESTER BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05136215452
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDISON APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0EDIS
ReturnHeader/Filer/EIN0310821755
ReturnHeader/Filer/PhoneNum05136215452
ReturnHeader/Filer/USAddress/AddressLine1Txt01418 CENTRAL PARKWAY NO 202
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045202
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0310800053
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK SCHAEFER HACKETT & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04449 EASTON WAY SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043219
ReturnHeader/PreparerPersonGrp/PhoneNum06148852208
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW W GANTZER
ReturnHeader/ReturnTs02016-02-09T11:06:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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Filings