Civic Intelligence

Edison Apartments Inc

990EZ • Fiscal year 2019 • EIN 31-0821755

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 09, 2020

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

77th percentile

0.11x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

65th percentile

7.9%

Faster asset growth than 65% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

6.0%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$231,771

Up $16,885 (+7.9%) from 2018

Net Assets

Up

$206,956

Up $26,306 (+15%) from 2018

Liabilities

Down

$24,815

Down $9,421 (-28%) from 2018

Revenue

Up

$155,352

Up $8,786 (+6.0%) from 2018

Expenses

Down

$129,046

Down $23,687 (-16%) from 2018

Net Income

Up

$26,306

Up $32,473 (+527%) from 2018

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

2019

Assets$231,771
Liabilities$24,815
Net Assets$206,956

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

2019

Revenue$155,352
Expenses$129,046
Net Income$26,306
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 9, 2020
Return Version
2018v3.1
Gross Receipts
$155,352
Mission and Program Overview

Mission

Provide low income housing

Program Services

DescriptionGrantsExpenses
PROVIDE LOW INCOME HOUSING$0$111,805
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVESTER BROWNPresident-$0--
PAULETTE TRIBBLESecretary-$0--
ANTHONY MCMILLERMember-$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
2020-01-09
Discuss with paid preparer
Yes

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY LLC, COLUMBUS, OH 43219
Preparer
Todd Fentress CPA
Phone
6145281465
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 68.

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

Description: laundry and vending revenue. Amount: 450. Description: tenant charges. Amount: 952. Description: miscellaneous income. Amount: 3,376. Total to form 990-ez, line 8: 4,778.

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

Description: office expense. Amount: 1,789. Description: depreciation. Amount: 4,795. Total to form 990-ez, line 16: 6,584.

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

Description: accounts receivable - net. Beg. Of year amount: 812. End of year amount: 854. Description: tenant deposits held in trust. Beg. Of year amount: 13,807. End of year amount: 6,293. Description: other reserves. Beg. Of year amount: 130,598. End of year amount: 144,981. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 4,200.

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

Description: accounts payable & accrued expenses. Beg. Of year amount: 30,435. End of year amount: 21,149. Description: tenant security deposits liability. Beg. Of year amount: 3,801. End of year amount: 3,666.

Raw XML Appendix128 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/PhoneNum06146215452
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01418 CENTRAL PARKWAY SUITE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05956
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012001
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0107913
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt026306
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022034
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0214886
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0231771
IRS990EZ/GrossReceiptsAmt0155352
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt068
IRS990EZ/LandAndBuildingsGrp/BOYAmt063713
IRS990EZ/LandAndBuildingsGrp/EOYAmt063442
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0206956
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0206956
IRS990EZ/OccupancyRentUtltsAndMaintAmt069737
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SYLVESTER BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAULETTE TRIBBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANTHONY MCMILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0145217
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0156328
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06584
IRS990EZ/OtherRevenueTotalAmt04778
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramServiceRevenueAmt042593
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0111805
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt030691
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt034236
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt024815
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0129046
IRS990EZ/TotalProgramServiceExpensesAmt0111805
IRS990EZ/TotalRevenueAmt0155352
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 68.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LAUNDRY AND VENDING REVENUE. AMOUNT: 450. DESCRIPTION: TENANT CHARGES. AMOUNT: 952. DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 3,376. TOTAL TO FORM 990-EZ, LINE 8: 4,778.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,789. DESCRIPTION: DEPRECIATION. AMOUNT: 4,795. TOTAL TO FORM 990-EZ, LINE 16: 6,584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE - NET. BEG. OF YEAR AMOUNT: 812. END OF YEAR AMOUNT: 854. DESCRIPTION: TENANT DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 13,807. END OF YEAR AMOUNT: 6,293. DESCRIPTION: OTHER RESERVES. BEG. OF YEAR AMOUNT: 130,598. END OF YEAR AMOUNT: 144,981. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 30,435. END OF YEAR AMOUNT: 21,149. DESCRIPTION: TENANT SECURITY DEPOSITS LIABILITY. BEG. OF YEAR AMOUNT: 3,801. END OF YEAR AMOUNT: 3,666.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 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/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVESTER BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05136215452
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-09
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09179FCBED7A4AC378FD395FA58ED360F7D8B8D1F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.102.101.210
ReturnHeader/FilingSecurityInformation/IPDt02020-01-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:55:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271490692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIDWELL GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04249 EASTON WAY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043219
ReturnHeader/PreparerPersonGrp/PhoneNum06145281465
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD FENTRESS CPA
ReturnHeader/ReturnTs02020-01-09T14:32:17-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

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Filings