Civic Intelligence

Licking Arc Apartments Inc

EIN 31-1366021 • 501(c)3 • Columbus, OH

Profile

To provide elderly and handicapped persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

Refreshing map…

3409 E Broad StreetColumbus, OH 43213

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

2.31x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

5.07x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

42nd percentile

-7.0%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

53rd percentile

1.3%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$238,142

Down $37,422 (-14%) from 2022

Liabilities

Down

$550,652

Down $19,675 (-3.4%) from 2022

Net Assets

Down

-$312,510

Down $17,747 (-6.0%) from 2022

Revenue

Up

$108,519

Up $2,719 (+2.6%) from 2022

Expenses

Up

$125,877

Up $25,033 (+25%) from 2022

Net Income

Down

-$17,358

Down $22,314 (-450%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2011: $342,561Liabilities 2011: $559,194Net Assets 2011: -$216,6332011Assets 2014: $321,555Liabilities 2014: $552,605Net Assets 2014: -$231,0502014Assets 2015: $304,519Liabilities 2015: $540,905Net Assets 2015: -$236,3862015Assets 2016: $301,800Liabilities 2016: $542,474Net Assets 2016: -$240,6742016Assets 2017: $300,899Liabilities 2017: $542,949Net Assets 2017: -$242,0502017Assets 2018: $271,902Liabilities 2018: $584,358Net Assets 2018: -$312,4562018Assets 2019: $268,786Liabilities 2019: $575,592Net Assets 2019: -$306,8062019Assets 2020: $267,102Liabilities 2020: $562,756Net Assets 2020: -$295,6542020Assets 2021: $264,763Liabilities 2021: $564,482Net Assets 2021: -$299,7192021Assets 2022: $275,564Liabilities 2022: $570,327Net Assets 2022: -$294,7632022Assets 2024: $238,142Liabilities 2024: $550,652Net Assets 2024: -$312,5102024

Highlighted filing

2024

Assets$238,142
Liabilities$550,652
Net Assets-$312,510

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $89,262Expenses 2011: $78,971Net Income 2011: $10,2912011Revenue 2014: $86,161Expenses 2014: $98,452Net Income 2014: -$12,2912014Revenue 2015: $91,396Expenses 2015: $96,955Net Income 2015: -$5,5592015Revenue 2016: $92,275Expenses 2016: $96,569Net Income 2016: -$4,2942016Revenue 2017: $97,896Expenses 2017: $99,272Net Income 2017: -$1,3762017Revenue 2018: $103,423Expenses 2018: $173,829Net Income 2018: -$70,4062018Revenue 2019: $104,411Expenses 2019: $98,761Net Income 2019: $5,6502019Revenue 2020: $103,634Expenses 2020: $92,482Net Income 2020: $11,1522020Revenue 2021: $104,443Expenses 2021: $108,508Net Income 2021: -$4,0652021Revenue 2022: $105,800Expenses 2022: $100,844Net Income 2022: $4,9562022Revenue 2024: $108,519Expenses 2024: $125,877Net Income 2024: -$17,3582024

Highlighted filing

2024

Revenue$108,519
Expenses$125,877
Net Income-$17,358

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 6, 2021
Return Version
2020v4.1
Gross Receipts
$103,634
Mission and Program Overview

Mission

To provide elderly and handicapped persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

Program Services

DescriptionGrantsExpenses
PROVIDE HOUSING FOR ELDERLY AND LOW-INCOME INDIVIDUALS WITH MOBILITY DISABILITIES. OPERATE A 10-UNIT APARTMENT COMMUNITY UNDER SEC 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1959, AS AMENDED.$0$82,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL L HUNTPresident-$0--
FRED BOOKERVice-President-$0--
EDWINA MCINTYRESeccretary-$0--
JAY C FINKLEAMember-$0--
STAN E FORDMember-$0--
RAY A JONESMember-$0--
MICHAEL A NOBLEMember-$0--
CASSANDRA HICKSMember-$0--
LUEVOKA POWERecorder-$0--
CELIA KENDALLCEO-$0--
Filing and Contact Details

Filer

Filer Name
Licking Arc Apartments Inc
EIN
31-1366021
Phone
6144524184
Address
3409 E BROAD STREET, COLUMBUS, OH 43213

Signing Officer

Name
David Phillips
Title
Accounting Manager
Phone
6144524184
Signed
2021-07-06
Discuss with paid preparer
Yes

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Todd Fentress CPA
Phone
6145281441
Supplemental Narrative

Additional Explanations

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

Description: investment income. Amount: 57.

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

Description: office expenses. Amount: 5,528. Description: management fee. Amount: 6,343. Description: outside services. Amount: 30,370. Description: insurance. Amount: 4,588. Description: miscellaneous administrative expense. Amount: 3,878. Description: depreciation expense. Amount: 14,455. Description: repairs and maintenance. Amount: 63. Description: miscellaneous financial expense. Amount: 4. Total to form 990-ez, line 16: 65,229.

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

Description: tenant security deposits. Beg. Of year amount: 3,647. End of year amount: 3,373. Description: prepaid expenses. Beg. Of year amount: 996. End of year amount: 900. Description: escrow deposits. Beg. Of year amount: 9,845. End of year amount: 10,618. Description: replacement reserve. Beg. Of year amount: 31,987. End of year amount: 41,638. Description: residual receipts reserve. Beg. Of year amount: 8,526. End of year amount: 8,530.

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

Description: accounts payable & accrued expenses. Beg. Of year amount: 46,370. End of year amount: 33,369. Description: prepaid rent. Beg. Of year amount: 40. End of year amount: 180. Description: tenant security deposits. Beg. Of year amount: 2,956. End of year amount: 2,977. Description: capital advance. Beg. Of year amount: 520,200. End of year amount: 520,200. Description: residual receipts liability. Beg. Of year amount: 6,026. End of year amount: 6,030.

Raw XML Appendix230 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME. AMOUNT: 57.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE EXPENSES. AMOUNT: 5,528. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 6,343. DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 30,370. DESCRIPTION: INSURANCE. AMOUNT: 4,588. DESCRIPTION: MISCELLANEOUS ADMINISTRATIVE EXPENSE. AMOUNT: 3,878. DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 14,455. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 63. DESCRIPTION: MISCELLANEOUS FINANCIAL EXPENSE. AMOUNT: 4. TOTAL TO FORM 990-EZ, LINE 16: 65,229.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 3,647. END OF YEAR AMOUNT: 3,373. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 996. END OF YEAR AMOUNT: 900. DESCRIPTION: ESCROW DEPOSITS. BEG. OF YEAR AMOUNT: 9,845. END OF YEAR AMOUNT: 10,618. DESCRIPTION: REPLACEMENT RESERVE. BEG. OF YEAR AMOUNT: 31,987. END OF YEAR AMOUNT: 41,638. DESCRIPTION: RESIDUAL RECEIPTS RESERVE. BEG. OF YEAR AMOUNT: 8,526. END OF YEAR AMOUNT: 8,530.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 46,370. END OF YEAR AMOUNT: 33,369. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 40. END OF YEAR AMOUNT: 180. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,956. END OF YEAR AMOUNT: 2,977. DESCRIPTION: CAPITAL ADVANCE. BEG. OF YEAR AMOUNT: 520,200. END OF YEAR AMOUNT: 520,200. DESCRIPTION: RESIDUAL RECEIPTS LIABILITY. BEG. OF YEAR AMOUNT: 6,026. END OF YEAR AMOUNT: 6,030.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04249 EASTON WAY STE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043219
ReturnHeader/PreparerPersonGrp/PhoneNum06145281441
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD FENTRESS CPA
ReturnHeader/ReturnTs02021-07-14T09:44:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PHILLIPS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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