Civic Intelligence

Mkv Inc.

990 • Fiscal year 2013 • EIN 31-0914017

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 07, 2013

11100 Springfield Pike45246
Siviq Scores

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

Liabilities / Assets

94th percentile

1.20x

Higher debt load relative to assets than 94% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$3,976,777

Down $66,719 (-1.7%) from 2012

Net Assets

Up

-$776,687

Up $21,879 (+2.7%) from 2012

Liabilities

Down

$4,753,464

Down $88,598 (-1.8%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,429,422

Down $491 (-0.0%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,217,505Liabilities 2010: $5,031,749Net Assets 2010: -$814,2442010Assets 2011: $4,147,475Liabilities 2011: $4,970,474Net Assets 2011: -$822,9992011Assets 2012: $4,043,496Liabilities 2012: $4,842,062Net Assets 2012: -$798,5662012Assets 2013: $3,976,777Liabilities 2013: $4,753,464Net Assets 2013: -$776,6872013Assets 2014: $3,916,001Liabilities 2014: $4,649,195Net Assets 2014: -$733,1942014Assets 2015: $3,905,486Liabilities 2015: $4,571,105Net Assets 2015: -$665,6192015Assets 2016: $3,868,466Liabilities 2016: $4,412,034Net Assets 2016: -$543,5682016Assets 2017: $1,645,312Liabilities 2017: $0Net Assets 2017: $1,645,3122017Assets 2018: $2,048,586Liabilities 2018: $1,200Net Assets 2018: $2,047,3862018Assets 2019: $2,084,397Liabilities 2019: $1,235Net Assets 2019: $2,083,1622019Assets 2020: $2,122,827Liabilities 2020: $1,235Net Assets 2020: $2,121,5922020Assets 2021: $2,122,916Liabilities 2021: $0Net Assets 2021: $2,122,9162021Assets 2022: $2,159,741Liabilities 2022: $0Net Assets 2022: $2,159,7412022Assets 2023: $2,156,608Liabilities 2023: $0Net Assets 2023: $2,156,6082023Assets 2024: $2,075,806Liabilities 2024: $3,010Net Assets 2024: $2,072,7962024

Highlighted filing

2013

Assets$3,976,777
Liabilities$4,753,464
Net Assets-$776,687

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,390,2442010Expenses 2011: $1,410,4072011Expenses 2012: $1,429,9132012Expenses 2013: $1,429,4222013Revenue 2014: $1,458,550Expenses 2014: $1,415,057Net Income 2014: $43,4932014Revenue 2015: $1,483,392Expenses 2015: $1,415,817Net Income 2015: $67,5752015Revenue 2016: $1,433,082Expenses 2016: $1,311,031Net Income 2016: $122,0512016Revenue 2017: $4,891,860Expenses 2017: $2,702,980Net Income 2017: $2,188,8802017Revenue 2018: $404,639Expenses 2018: $2,565Net Income 2018: $402,0742018Revenue 2019: $38,507Expenses 2019: $2,731Net Income 2019: $35,7762019Revenue 2020: $38,531Expenses 2020: $101Net Income 2020: $38,4302020Revenue 2021: $39,134Expenses 2021: $37,810Net Income 2021: $1,3242021Revenue 2022: $38,635Expenses 2022: $1,810Net Income 2022: $36,8252022Revenue 2023: $36,717Expenses 2023: $39,850Net Income 2023: -$3,1332023Revenue 2024: $18,286Expenses 2024: $3,160Net Income 2024: $15,1262024

Highlighted filing

2013

Revenue-
Expenses$1,429,422
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 7, 2013
Return Version
2012v2.1
Gross Receipts
$1,453,089
Mission and Program Overview

Mission

A partnership purchased the property in 2016 to operate it as a section 42 low income housing apartment community. Mkv, inc. (an ohio not-for-profit corporation) was organized to own and operate a 150 unit apartment community in cincinnati, ohio, known as the meadows (the community), pursuant to section 223(f) of the national housing act as amended. Effective december 1, 2007 one unit was converted to an office with hud approval. The corporation had executed a regulatory agreement with hud, which governs the operation of the project with the federal housing administration (fha) section of hud. The corporation had also entered into a housing assistance payment contract (hap contract) with hud.a partnership purchased the property in 2016, and mkv, inc now funds the project through a seller carryback note. The main purpose of this entity going forward will be a financing arm of the low income project through the new partnership.

Filing and Contact Details

Filer

EIN
31-0914017
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IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years01404372
IRS990ScheduleA/Total509/Total07115003
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear01453089
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year01458542
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years01409810
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01433055
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01422198
IRS990ScheduleA/TotalSupportTotal/Total07176694
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue01712154
IRS990ScheduleD/Buildings/Depreciation04510759
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis06222913
IRS990ScheduleD/Equipment/BookValue0354730
IRS990ScheduleD/Equipment/Depreciation0790340
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01145070
IRS990ScheduleD/ExpensesNotRptdF990036647
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01429422
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1BOOK/TAX DIFFERENCE IN LOSS ON DISPOSAL 1,526.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2BOOK / TAX DIFFERENCE IN DEPRECIATION EXPENSE 36,647.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue0653488
IRS990ScheduleD/InvestmentsProgramRelated/BookValue1410490
IRS990ScheduleD/InvestmentsProgramRelated/Description0RESERVE REPLACEMENT FUND
IRS990ScheduleD/InvestmentsProgramRelated/Description1RESIDUAL RECEIPTS
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1C
IRS990ScheduleD/Land/BookValue0280315
IRS990ScheduleD/Land/OtherCostOrOtherBasis0280315
IRS990ScheduleD/LeaseholdImprovements/BookValue083367
IRS990ScheduleD/LeaseholdImprovements/Depreciation0248505
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0331872
IRS990ScheduleD/OtherAssets/BookValue066451
IRS990ScheduleD/OtherAssets/BookValue130897
IRS990ScheduleD/OtherAssets/BookValue2119810
IRS990ScheduleD/OtherAssets/Description0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssets/Description1MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssets/Description2OTHER RESERVES
IRS990ScheduleD/OtherExpensesIncluded036647
IRS990ScheduleD/OtherLiabilities/Amount052929
IRS990ScheduleD/OtherLiabilities/Amount112837
IRS990ScheduleD/OtherLiabilities/Amount220216
IRS990ScheduleD/OtherLiabilities/Amount362857
IRS990ScheduleD/OtherLiabilities/Description0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilities/Description1ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilities/Description2ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilities/Description3ACCRUED PROPERTY TAXES
IRS990ScheduleD/OtherRevenues01526

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.07$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.04$0.04$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.04$0.00$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.04$0.04$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.04$0.00$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.04$0.00$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.40$0.00$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$4.89$2.70$2.19
2016Detailed filing. Detailed filing data is available for this year.$3.87$4.41$0.54$1.43$1.31$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.91$4.57$0.67$1.48$1.42$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.92$4.65$0.73$1.46$1.42$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$4.75$0.78$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$4.84$0.80$1.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$4.97$0.82$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$5.03$0.81$1.39