Civic Intelligence

Edison Apartments Inc

990EZ • Fiscal year 2020 • EIN 31-0821755

Oct 01, 2019 to Sep 30, 2020 • Filed on May 12, 2021

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

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.19x

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

33rd percentile

-6.1%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-2.4%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-7.7%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$226,098

Down $5,673 (-2.4%) from 2019

Net Assets

Down

$198,248

Down $8,708 (-4.2%) from 2019

Liabilities

Up

$27,850

Up $3,035 (+12%) from 2019

Revenue

Down

$143,413

Down $11,939 (-7.7%) from 2019

Expenses

Up

$152,121

Up $23,075 (+18%) from 2019

Net Income

Down

-$8,708

Down $35,014 (-133%) from 2019

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

2020

Assets$226,098
Liabilities$27,850
Net Assets$198,248

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

2020

Revenue$143,413
Expenses$152,121
Net Income-$8,708
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
May 12, 2021
Return Version
2019v5.2
Gross Receipts
$143,413
Mission and Program Overview

Mission

Provide low income housing

Program Services

DescriptionGrantsExpenses
PROVIDE LOW INCOME HOUSING$0$135,508
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
2021-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY LLC, COLUMBUS, OH 43219
Preparer
Todd Fentress CPA
Phone
6145281441
Supplemental Narrative

Additional Explanations

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

Description: interest income. Amount: 58.

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

Description: laundry and vending revenue. Amount: 428. Description: tenant charges. Amount: 1,071. Description: miscellaneous income. Amount: 3,500. Total to form 990-ez, line 8: 4,999.

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

Description: deprciation. Amount: 5,342. Description: office expenses. Amount: 2,263. Total to form 990-ez, line 16: 7,605.

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

Description: accounts receivable - net. Beg. Of year amount: 854. End of year amount: 414. Description: tenant deposits held in trust. Beg. Of year amount: 6,293. End of year amount: 6,576. Description: other reserves. Beg. Of year amount: 144,981. End of year amount: 142,188. Description: prepaid expenses. Beg. Of year amount: 4,200. End of year amount: 0.

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

Description: accounts payable & accrued expenses. Beg. Of year amount: 21,149. End of year amount: 23,825. Description: tenant security deposits liability. Beg. Of year amount: 3,666. End of year amount: 4,025.

Raw XML Appendix121 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/BOYAmt012001
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010720
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt092035
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8708
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016613
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0231771
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0226098
IRS990EZ/GrossReceiptsAmt0143413
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt058
IRS990EZ/LandAndBuildingsGrp/BOYAmt063442
IRS990EZ/LandAndBuildingsGrp/EOYAmt066200
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0206956
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0198248
IRS990EZ/OccupancyRentUtltsAndMaintAmt084500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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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/BOYAmt0156328
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0149178
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07605
IRS990EZ/OtherRevenueTotalAmt04999
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramServiceRevenueAmt046321
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0135508
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt043403
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024815
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt027850
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0152121
IRS990EZ/TotalProgramServiceExpensesAmt0135508
IRS990EZ/TotalRevenueAmt0143413
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 58.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LAUNDRY AND VENDING REVENUE. AMOUNT: 428. DESCRIPTION: TENANT CHARGES. AMOUNT: 1,071. DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 3,500. TOTAL TO FORM 990-EZ, LINE 8: 4,999.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRCIATION. AMOUNT: 5,342. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,263. TOTAL TO FORM 990-EZ, LINE 16: 7,605.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE - NET. BEG. OF YEAR AMOUNT: 854. END OF YEAR AMOUNT: 414. DESCRIPTION: TENANT DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 6,293. END OF YEAR AMOUNT: 6,576. DESCRIPTION: OTHER RESERVES. BEG. OF YEAR AMOUNT: 144,981. END OF YEAR AMOUNT: 142,188. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 4,200. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 21,149. END OF YEAR AMOUNT: 23,825. DESCRIPTION: TENANT SECURITY DEPOSITS LIABILITY. BEG. OF YEAR AMOUNT: 3,666. END OF YEAR AMOUNT: 4,025.
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVESTER BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05136215452
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-12
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/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/PhoneNum06145281441
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD FENTRESS CPA
ReturnHeader/ReturnTs02021-05-13T12:20:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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Filings