Civic Intelligence

Cau Eagles Pointe Inc

EIN 31-1484299 • 501(c)3 • Riviera Beach, FL

Profile

To provide for the acquisition, development, ownership and operation of affordable housing for low-income families.

2001 W Blue Heron Blvd 201Riviera Beach, FL 33404

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.11x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

5.28x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

8.1%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

33rd percentile

-1.4%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

46th percentile

5.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$4,847,038

Down $137,504 (-2.8%) from 2022

Liabilities

Down

$5,391,471

Down $191,596 (-3.4%) from 2022

Net Assets

Up

-$544,433

Up $54,092 (+9.0%) from 2022

Revenue

Up

$1,021,117

Up $98,343 (+11%) from 2022

Expenses

Down

$937,989

Down $12,258 (-1.3%) from 2022

Net Income

Up

$83,128

Up $110,601 (+403%) from 2022

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $5,755,041Liabilities 2010: $5,074,407Net Assets 2010: $680,6342010Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2019: $5,898,982Liabilities 2019: $5,824,726Net Assets 2019: $74,2562019Assets 2020: $5,162,509Liabilities 2020: $5,751,985Net Assets 2020: -$589,4762020Assets 2021: $5,098,239Liabilities 2021: $5,669,291Net Assets 2021: -$571,0522021Assets 2022: $4,984,542Liabilities 2022: $5,583,067Net Assets 2022: -$598,5252022Assets 2024: $4,847,038Liabilities 2024: $5,391,471Net Assets 2024: -$544,4332024

Highlighted filing

2024

Assets$4,847,038
Liabilities$5,391,471
Net Assets-$544,433

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,442,3162010Expenses 2011: $1,905,2912011Revenue 2019: $786,957Expenses 2019: $1,568,908Net Income 2019: -$781,9512019Revenue 2020: $847,863Expenses 2020: $1,511,595Net Income 2020: -$663,7322020Revenue 2021: $897,478Expenses 2021: $879,054Net Income 2021: $18,4242021Revenue 2022: $922,774Expenses 2022: $950,247Net Income 2022: -$27,4732022Revenue 2024: $1,021,117Expenses 2024: $937,989Net Income 2024: $83,1282024

Highlighted filing

2024

Revenue$1,021,117
Expenses$937,989
Net Income$83,128

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 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$922,774
Mission and Program Overview

Mission

To provide for the acquisition, development, ownership and operation of affordable housing for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,515,990$4,407,817▼ $108,173
Cash and Non-Interest-Bearing Accounts$211,528$173,276▼ $38,252
Intangible Assets$156,168$147,106▼ $9,062
Prepaid Expenses and Deferred Charges$49,002$60,669▲ $11,667
Accounts Receivable$10,041$18,415▲ $8,374
Total Assets$5,098,239$4,984,542▼ $113,697
Other Assets Total$155,510$177,259▲ $21,749
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,560,108$5,463,262▼ $96,846
Other Liabilities$65,787$65,347▼ $440
Accounts Payable and Accrued Expenses$37,648$45,703▲ $8,055
Deferred Revenue$5,748$8,755▲ $3,007
Total Liabilities$5,669,291$5,583,067▼ $86,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-571,052$-598,525▼ $27,473
Total Net Assets Fund Balance$-571,052$-598,525▼ $27,473
Total Liabilities and Net Assets / Fund Balance$5,098,239$4,984,542▼ $113,697

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,830,079$550,758$4,380,837
Land$430,000-$430,000
Equipment$147,738$103,169$250,907
Compensation and Service Providers

Board Members and Trustees

NameTitle
John CorbettPresident
Hugh JacobsVice President
Richard F BurnsDirector
Stephen M GreenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$922,061
Investment Income
$713
Other Revenue
$0
Change in Net Assets
$-27,473

Audited Revenue Reconciliation

Revenue per Audited Statements
$922,774
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$922,774
Total Revenue per Form 990
$922,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$708,255
Grants and Similar Amounts Paid$156,819
Salaries, Compensation, and Employee Benefits$85,173
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$174,050--$174,050
Depreciation Depletion$170,636--$170,636
Grants to Domestic Orgs$156,819--$156,819
Occupancy$86,129--$86,129
Insurance$83,215--$83,215
Other Salaries and Wages$72,525--$72,525
Fees for Services Management-$52,878-$52,878
Other Expenses$22,584$9,758-$9,758
Office Expenses$6,853--$6,853
Other Employee Benefits$6,637--$6,637
Fees for Services Accounting-$6,000-$6,000
Payroll Taxes$5,927--$5,927
All Other Expenses$2,141--$2,141
Travel-$1,429-$1,429
Advertising$932--$932
Conferences and Meetings-$832-$832
Pension Plan Contributions$84--$84
Total Functional Expenses$879,350$70,897$0$950,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$950,247
Total Expenses per Audited Statements$950,247
Total Expenses per Form 990$950,247
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Nhp FoundationWashington, DC501(c)(3)Low Income Housing$78,410
The Partnership IncRiviera Beach, FL501(c)(3)Low Income Housing$78,409
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
Tenant Security Deposits$65,347
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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 3

The project is managed by tpi management services llc, a disregarded entity of the partnership, inc.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by management and then distributed to board members for review. Upon review, the form 990 is submitted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public on request.

Filing and Contact Details

Filer

Filer Name
Nonprofit Housing Preservation Ra Inc
EIN
31-1484299
Phone
5616556775
Address
2001 W BLUE HERON BLVD 201, RIVIERA BEACH, FL 33404

Signing Officer

Name
Hugh Jacobs
Title
Vice President
Phone
5616556775
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Corbett
Formed
1996
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The corporation has adopted accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation had no impact on the corporation's statement of financial position or statement of activities. The corporation does not believe its financial statements include any uncertain tax positions and that no income taxes are due for its activities. Therefore, no provision for income taxes is included in the financial statements.

Raw XML AppendixShowing 400 of 418 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.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0922774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0897478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0847863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0786957
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01161608
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04616680
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03830079
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0550758
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04380837
IRS990ScheduleD/EquipmentGrp/BookValueAmt0147738
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103169
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0250907
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0950247
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0430000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0430000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065347
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0922774
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04407817
IRS990ScheduleD/TotalExpensesPerForm990Amt0950247
IRS990ScheduleD/TotalLiabilityAmt065347
IRS990ScheduleD/TotalRevenuePerForm990Amt0922774
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0922774
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0950247
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt078410
IRS990ScheduleI/RecipientTable/CashGrantAmt178409
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE NHP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE PARTNERSHIP INC
IRS990ScheduleI/RecipientTable/RecipientEIN0521636004
IRS990ScheduleI/RecipientTable/RecipientEIN1650522900
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01090 VERMONT AVENUE 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12001 W BLUE HERON BLVD STE 201
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1RIVIERA BEACH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020005
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd133404
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS MANAGED BY TPI MANAGEMENT SERVICES LLC, A DISREGARDED ENTITY OF THE PARTNERSHIP, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY MANAGEMENT AND THEN DISTRIBUTED TO BOARD MEMBERS FOR REVIEW. UPON REVIEW, THE FORM 990 IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05098239
IRS990/TotalAssetsEOYAmt04984542
IRS990/TotalAssetsGrp/BOYAmt05098239
IRS990/TotalAssetsGrp/EOYAmt04984542
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070897
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0879350
IRS990/TotalFunctionalExpensesGrp/TotalAmt0950247
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05669291
IRS990/TotalLiabilitiesEOYAmt05583067
IRS990/TotalLiabilitiesGrp/BOYAmt05669291
IRS990/TotalLiabilitiesGrp/EOYAmt05583067
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-571052
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-598525
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0879350
IRS990/TotalProgramServiceRevenueAmt0922061
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0713
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0922061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0922774
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05098239
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04984542
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01429
IRS990/TravelGrp/TotalAmt01429
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02001 W BLUE HERON BLVD STE 201
IRS990/USAddress/CityNm0RIVIERA BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033404
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HUGH JACOBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05616556775
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NONPROFIT HOUSING PRESERVATION RA INC
ReturnHeader/Filer/BusinessNameControlTxt0NONP
ReturnHeader/Filer/EIN0311484299
ReturnHeader/Filer/PhoneNum05616556775
ReturnHeader/Filer/USAddress/AddressLine1Txt02001 W BLUE HERON BLVD 201
ReturnHeader/Filer/USAddress/CityNm0RIVIERA BEACH

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