Civic Intelligence

Candlewick Commons Inc.

990 • Fiscal year 2014 • EIN 31-1401535

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

6434 East Main Street No 203Reynoldsburg, OH 43068

(614) 452-4184

Siviq Scores

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

Liabilities / Assets

98th percentile

1.77x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

8.84x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$95,682

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

44th percentile

0.6%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

62nd percentile

9.0%

Faster revenue growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,367,536

Up $8,491 (+0.6%) from 2013

Net Assets

Down

-$1,047,148

Down $72,203 (-7.4%) from 2013

Liabilities

Up

$2,414,684

Up $80,694 (+3.5%) from 2013

Revenue

Up

$273,152

Up $22,460 (+9.0%) from 2013

Expenses

Up

$345,355

Up $31,408 (+10%) from 2013

Net Income

Down

-$72,203

Down $8,948 (-14%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,438,853Liabilities 2011: $2,337,431Net Assets 2011: -$898,5782011Assets 2012: $1,406,583Liabilities 2012: $2,318,273Net Assets 2012: -$911,6902012Assets 2013: $1,359,045Liabilities 2013: $2,333,990Net Assets 2013: -$974,9452013Assets 2014: $1,367,536Liabilities 2014: $2,414,684Net Assets 2014: -$1,047,1482014Assets 2015: $1,256,865Liabilities 2015: $2,332,064Net Assets 2015: -$1,075,1992015Assets 2016: $1,227,582Liabilities 2016: $2,315,133Net Assets 2016: -$1,087,5512016Assets 2017: $1,181,571Liabilities 2017: $2,284,960Net Assets 2017: -$1,103,3892017Assets 2018: $1,118,009Liabilities 2018: $2,417,373Net Assets 2018: -$1,299,3642018Assets 2019: $1,079,483Liabilities 2019: $2,377,035Net Assets 2019: -$1,297,5522019Assets 2020: $1,058,544Liabilities 2020: $2,352,668Net Assets 2020: -$1,294,1242020Assets 2021: $1,114,633Liabilities 2021: $2,358,195Net Assets 2021: -$1,243,5622021Assets 2022: $1,041,684Liabilities 2022: $2,353,274Net Assets 2022: -$1,311,5902022Assets 2023: $966,607Liabilities 2023: $2,317,221Net Assets 2023: -$1,350,6142023Assets 2024: $982,622Liabilities 2024: $2,339,407Net Assets 2024: -$1,356,7852024

Highlighted filing

2014

Assets$1,367,536
Liabilities$2,414,684
Net Assets-$1,047,148

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $278,3162011Expenses 2012: $270,8322012Revenue 2013: $250,692Expenses 2013: $313,947Net Income 2013: -$63,2552013Revenue 2014: $273,152Expenses 2014: $345,355Net Income 2014: -$72,2032014Revenue 2015: $297,026Expenses 2015: $325,077Net Income 2015: -$28,0512015Revenue 2016: $320,912Expenses 2016: $333,264Net Income 2016: -$12,3522016Revenue 2017: $410,097Expenses 2017: $425,935Net Income 2017: -$15,8382017Revenue 2018: $396,323Expenses 2018: $592,298Net Income 2018: -$195,9752018Revenue 2019: $408,915Expenses 2019: $407,103Net Income 2019: $1,8122019Revenue 2020: $393,693Expenses 2020: $390,265Net Income 2020: $3,4282020Revenue 2021: $474,996Expenses 2021: $424,434Net Income 2021: $50,5622021Revenue 2022: $361,667Expenses 2022: $429,695Net Income 2022: -$68,0282022Revenue 2023: $391,379Expenses 2023: $430,403Net Income 2023: -$39,0242023Revenue 2024: $416,739Expenses 2024: $422,910Net Income 2024: -$6,1712024

Highlighted filing

2014

Revenue$273,152
Expenses$345,355
Net Income-$72,203
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$273,152
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.

To provide affordable accessible housing to the elderly and handicapped persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,226,417$1,228,112▲ $1,695
Savings and Temporary Cash Investments$105,196$66,247▼ $38,949
Cash and Non-Interest-Bearing Accounts$3,641$17,905▲ $14,264
Accounts Receivable$277$15,252▲ $14,975
Prepaid Expenses and Deferred Charges$8,459$7,039▼ $1,420
Total Assets$1,359,045$1,367,536▲ $8,491
Other Assets Total$15,055$32,981▲ $17,926
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,199,200$2,199,200→ $0
Accounts Payable and Accrued Expenses$114,274$196,315▲ $82,041
Other Liabilities$20,512$19,165▼ $1,347
Deferred Revenue$4$4→ $0
Total Liabilities$2,333,990$2,414,684▲ $80,694
Net Assets / Fund Balance
Unrestricted Net Assets$-974,945$-1,047,148▼ $72,203
Total Net Assets Fund Balance$-974,945$-1,047,148▼ $72,203
Total Liabilities and Net Assets / Fund Balance$1,359,045$1,367,536▲ $8,491

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,035,617$791,319$1,826,936
Land$152,485-$152,485
Equipment$23,984$89,213$113,197
Other Land Buildings$16,026$8,296$24,322
Compensation and Service Providers

Employees

NameTitleOtherTotal
Celia KendallCEO$95,682$95,682

Board Members and Trustees

NameTitle
Daniel L HuntPresident
Fred BookerVice-president
Jay C FinkleaMember
Michael a NobleMember
Ray a JonesMember
Stan E FordMember
Edwina McintyreSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$273,018
Investment Income
$134
Other Revenue
$0
Change in Net Assets
$-72,203

Audited Revenue Reconciliation

Revenue per Audited Statements
$273,152
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$273,152
Total Revenue per Form 990
$273,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,936
Salaries, Compensation, and Employee Benefits$74,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$99,256--$99,256
Other Salaries and Wages$47,501$9,394-$56,895
Depreciation Depletion$56,437--$56,437
Fees for Services Management$11,261$11,261-$22,522
Office Expenses$5,957$5,957-$11,914
Insurance$10,506--$10,506
Payroll Taxes$8,199$1,622-$9,821
Fees for Services Accounting-$8,681-$8,681
Other Employee Benefits$6,431$1,272-$7,703
All Other Expenses$2,370$886-$3,256
Fees for Services Legal-$2,799-$2,799
Conferences and Meetings-$1,449-$1,449
Other Expenses$1,407--$1,407
Advertising-$293-$293
Total Functional Expenses$301,741$43,614$0$345,355

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$345,355
Total Expenses per Audited Statements$345,355
Total Expenses per Form 990$345,355
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$10,306
Due to Related Party$8,859
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Michael noble & celia kendall - family relationship

Form 990, Part VI, Section A, Line 3

Beacon 360 management, inc. And its employees oversee and manage day-to-day operations of the organization. All major decisions are discussed and approved by the board of trustees before they are carried out. Celia kendall acts as ceo for the organization and was paid $90,000 for the year to manage all organizations managed by beacon.

Form 990, Part VI, Section B, Line 11

The finance committee reviews the draft of the 990 and makes suggestions/recommendations to the board. All board members are provided with a copy of the entire 990 before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

All principals sign coi policies annually at each communities annual board meeting. New board members are required to disclose any potential conflicts prior to admission, and ongoing education on relationships/transactions that could pose potential conflict is integrated into annual board training sessions.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Candlewick Commons Inc
EIN
31-1401535
Phone
6144524184
Address
6434 EAST MAIN STREET NO 203, REYNOLDSBURG, OH 43068

Signing Officer

Name
Officer
Title
Officer
Phone
6144524184
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Hunt
Formed
1994
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bdo USA Llp
Address
32125 SOLON ROAD, SOLON, OH 44139-2284
Preparer
Lori Crow
Phone
4402488787
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Beacon 360 management and the board of trustees are responsible for the audit oversight and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The internal revenue service has ruled that the corporation qualifies under section 501(c)(3) of the internal revenue code and is, therefore, not subject to tax under present federal income tax laws. The corporation has not been classified as a private foundation within the meaning of section 509(a) and does qualify for deductible contributions as provided in section 170(b)(1)(a)(vi). The corporation implemented the accounting for guidance for uncertainty in income taxes. The corporation's income tax filings are subject to audit by various taxing authorities. The corporation's open audit periods are for the years ended december 31, 2011 through december 31, 2013. In evaluating the corporation's activities, management believes its position of tax exempt status is appropriate based on current facts and circumstances. Management has assessed that there are no activities unrelated to the purpose of the corporation and therefore, no tax is to be recognized. It is the policy of the corporation to include in operating expenses penalties and interest assessed by income taxing authorities. There were no penalties or interest from taxing authorities included in operating expenses for the years ended december 31, 2014 and 2013.

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IRS990/OtherExpensesGrp/TotalAmt31407
IRS990/OtherLiabilitiesGrp/BOYAmt020512
IRS990/OtherLiabilitiesGrp/EOYAmt019165
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09394
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047501
IRS990/OtherSalariesAndWagesGrp/TotalAmt056895
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01622
IRS990/PayrollTaxesGrp/ProgramServicesAmt08199
IRS990/PayrollTaxesGrp/TotalAmt09821
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08459
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07039
IRS990/PrincipalOfficerNm0DANIEL HUNT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0264311
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0264311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18707
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02619
IRS990/PYOtherExpensesAmt0229163
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0248073
IRS990/PYRevenuesLessExpensesAmt0-63255
IRS990/PYSalariesCompEmpBnftPaidAmt084784
IRS990/PYTotalExpensesAmt0313947
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0250692
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-72203
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0273018
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0105196
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066247
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02619
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02815
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0273018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0248073
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0257696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0187587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0201228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01167602
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02619
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02815
IRS990ScheduleA/InvestmentIncomeCYPct00.00230
IRS990ScheduleA/InvestmentIncomePYPct00.00290
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt047161
IRS990ScheduleA/OtherIncome509Grp/TotalAmt047161
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84130
IRS990ScheduleA/PublicSupportPY509Pct00.88190
IRS990ScheduleA/PublicSupportTotal509Amt01024349
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt058065
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt038440
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt046080
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0668
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0143253
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt058065
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt038440
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt046080
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0668
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0143253
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0273018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0248073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0257696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0187587
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0201228
IRS990ScheduleA/Total509Grp/TotalAmt01167602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0273152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0257720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0234768
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0201246
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01217578
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01035617
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0791319
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01826936
IRS990ScheduleD/EquipmentGrp/BookValueAmt023984
IRS990ScheduleD/EquipmentGrp/DepreciationAmt089213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0113197
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0345355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0152485
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0152485
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016026
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08296
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0273152
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS RULED THAT THE CORPORATION QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO TAX UNDER PRESENT FEDERAL INCOME TAX LAWS. THE CORPORATION HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND DOES QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE CORPORATION IMPLEMENTED THE ACCOUNTING FOR GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE CORPORATION'S OPEN AUDIT PERIODS ARE FOR THE YEARS ENDED DECEMBER 31, 2011 THROUGH DECEMBER 31, 2013. IN EVALUATING THE CORPORATION'S ACTIVITIES, MANAGEMENT BELIEVES ITS POSITION OF TAX EXEMPT STATUS IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. MANAGEMENT HAS ASSESSED THAT THERE ARE NO ACTIVITIES UNRELATED TO THE PURPOSE OF THE CORPORATION AND THEREFORE, NO TAX IS TO BE RECOGNIZED. IT IS THE POLICY OF THE CORPORATION TO INCLUDE IN OPERATING EXPENSES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES. THERE WERE NO PENALTIES OR INTEREST FROM TAXING AUTHORITIES INCLUDED IN OPERATING EXPENSES FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01228112
IRS990ScheduleD/TotalExpensesPerForm990Amt0345355
IRS990ScheduleD/TotalLiabilityAmt019165
IRS990ScheduleD/TotalRevenuePerForm990Amt0273152
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0273152
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0345355
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL NOBLE & CELIA KENDALL - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEACON 360 MANAGEMENT, INC. AND ITS EMPLOYEES OVERSEE AND MANAGE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION. ALL MAJOR DECISIONS ARE DISCUSSED AND APPROVED BY THE BOARD OF TRUSTEES BEFORE THEY ARE CARRIED OUT. CELIA KENDALL ACTS AS CEO FOR THE ORGANIZATION AND WAS PAID $90,000 FOR THE YEAR TO MANAGE ALL ORGANIZATIONS MANAGED BY BEACON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE REVIEWS THE DRAFT OF THE 990 AND MAKES SUGGESTIONS/RECOMMENDATIONS TO THE BOARD. ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE ENTIRE 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL PRINCIPALS SIGN COI POLICIES ANNUALLY AT EACH COMMUNITIES ANNUAL BOARD MEETING. NEW BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS PRIOR TO ADMISSION, AND ONGOING EDUCATION ON RELATIONSHIPS/TRANSACTIONS THAT COULD POSE POTENTIAL CONFLICT IS INTEGRATED INTO ANNUAL BOARD TRAINING SESSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BEACON 360 MANAGEMENT AND THE BOARD OF TRUSTEES ARE RESPONSIBLE FOR THE AUDIT OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0020634747
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BEACON 360 MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt06434 EAST MAIN STREET STE 203
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0REYNOLDSBURG
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd043068
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$2.34$1.36$0.42$0.42$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$2.32$1.35$0.39$0.43$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$2.35$1.31$0.36$0.43$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$2.36$1.24$0.47$0.42$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$2.35$1.29$0.39$0.39$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$2.38$1.30$0.41$0.41$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$2.42$1.30$0.40$0.59$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$2.28$1.10$0.41$0.43$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$2.32$1.09$0.32$0.33$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.26$2.33$1.08$0.30$0.33$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.37$2.41$1.05$0.27$0.35$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.36$2.33$0.97$0.25$0.31$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$2.32$0.91$0.27
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$2.34$0.90$0.28