Wheatley Manor Apartments Inc.

990EZ • Fiscal year 2015 • EIN 31-1644433

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

Organization Profile N/A

8101 I-30 Ste ALittle Rock, AR 72209

(501) 280-0037

Siviq Scores

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

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-39%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-6.4%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

-17%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets72nd percentile

Assets

Down

$383,400

Down $26,005 (-6.4%) from 2014

Net Assets

Down

$364,509

Down $23,789 (-6.1%) from 2014

Liabilities

Down

$18,891

Down $2,216 (-10%) from 2014

Revenue And Expenses

Liabilities / Revenue89th percentile Net Margin10th percentile

Revenue

Down

$61,019

Down $12,822 (-17%) from 2014

Expenses

$84,808

Up $11,948 (+16%) from 2014

Net Income

Down

-$23,789

Down $24,770 (-2525%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

Highlighted filing

2015

Assets$383,400

Liabilities$18,891

Net Assets$364,509

Open 2015 Filing

Operations Trend

Revenue Growth26th percentile

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

Highlighted filing

2015

Revenue$61,019

Expenses$84,808

Net Income-$23,789

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2014 to Jun 30, 2015
Signed: May 16, 2016
Return Version: 2014v6.0
Gross Receipts: $61,019

Mission and Program Overview

Mission

The project is a 12-unit apartment complex for the elderly located in wheatley, arkansas.

Program Services

Description	Grants	Expenses
THE PROJECT IS A 12-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN WHEATLEY, ARKANSAS.	-	$71,238

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CARL SCHULTZ	President	-	$0	-	-
CYNTHIA KNOERR	Secretary	-	$0	-	-
JEFFREY OWENS	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Wheatley Manor Inc
EIN: 31-1644433
Phone: 5012800037
Address: 8101 I-30 STE A, LITTLE ROCK, AR 72209

Signing Officer

Name: Carl Schultz
Title: President
Phone: 5012800037
Signed: 2016-05-16
Discuss with paid preparer: Yes

Preparer

Firm: The Kemp Firm LLC
Address: 8101 I-30 STE B, LITTLE ROCK, AR 72209
Preparer: Michele Kemp CPA
Phone: 5012236943

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 240 office expense 6,133 conferences and meetings 243 interest exp 23 insurance 4,694 bad debt 10,832 repair supplies 368 repair contracts 9,962 non-investment depreciation 14,338 total 46,833”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,240 0 tenant deposits held in trust 3,032 3,815 replacement reserve 16,046 5,200 total 20,318 9,015”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 19,686 17,245 tenant deposits held in trust 1,421 1,646”

Form 990-ez, Part III

“The project is a 12-unit apartment complex for the elderly located in wheatley, arkansas.”

Raw XML Appendix145 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/AddressChangeInd	0	X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	THE KEMP FIRM
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt	0	THE KEMP FIRM
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5012236934
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	8101 I-30 STE B
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt	0	8101 I-30 STE B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	LITTLE ROCK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	72209
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	364
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-23789
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	14077
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	409405
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	383400
IRS990EZ/GrossReceiptsAmt	0	61019
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	388723
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	374385
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	388298
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	364509
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	388298
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	364509
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	5098
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	CARL SCHULTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CYNTHIA KNOERR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JEFFREY OWENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	20318
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	9015
IRS990EZ/OtherExpensesTotalAmt	0	46833
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE PROJECT IS A 12-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN WHEATLEY, ARKANSAS.
IRS990EZ/ProgramServiceRevenueAmt	0	61019
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE PROJECT IS A 12-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN WHEATLEY, ARKANSAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	71238
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	18800
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	21107
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	18891
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	84808
IRS990EZ/TotalProgramServiceExpensesAmt	0	71238
IRS990EZ/TotalRevenueAmt	0	61019
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	2
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	3
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	5
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	61019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	82319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	70132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	57328
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	43207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	314005
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	2
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	3
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	5
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	314005
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	61019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	82319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	70132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	57328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	43207
IRS990ScheduleA/Total509Grp/TotalAmt	0	314005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	61019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	82319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	70134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	57328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	43210
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	314010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING 240 OFFICE EXPENSE 6,133 CONFERENCES AND MEETINGS 243 INTEREST EXP 23 INSURANCE 4,694 BAD DEBT 10,832 REPAIR SUPPLIES 368 REPAIR CONTRACTS 9,962 NON-INVESTMENT DEPRECIATION 14,338 TOTAL 46,833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 1,240 0 TENANT DEPOSITS HELD IN TRUST 3,032 3,815 REPLACEMENT RESERVE 16,046 5,200 TOTAL 20,318 9,015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 19,686 17,245 TENANT DEPOSITS HELD IN TRUST 1,421 1,646
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE PROJECT IS A 12-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN WHEATLEY, ARKANSAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CARL SCHULTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5012800037
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	WHEATLEY MANOR INC
ReturnHeader/Filer/BusinessNameControlTxt	0	WHEA
ReturnHeader/Filer/EIN	0	311644433
ReturnHeader/Filer/PhoneNum	0	5012800037
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	8101 I-30 STE A
ReturnHeader/Filer/USAddress/CityNm	0	LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AR
ReturnHeader/Filer/USAddress/ZIPCd	0	72209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	274290628
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	THE KEMP FIRM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	8101 I-30 STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	72209
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5012236943
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MICHELE KEMP CPA
ReturnHeader/ReturnTs	0	2016-05-16T20:35:22-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-07-01
ReturnHeader/TaxPeriodEndDt	0	2015-06-30
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $383,400
Liabilities: $18,891
Net assets: $364,509
Revenue: $61,019
Expenses: $84,808
Net income: -$23,789

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.15	$0.11	$4.05	$1.08	$0.95	$0.12
2023Detailed filing. Detailed filing data is available for this year.	$3.98	$0.11	$3.87	$0.94	$0.94	$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.04	$0.17	$3.87	$0.86	$0.83	$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.95	$0.11	$3.84	$0.80	$0.86	$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.03	$0.13	$3.90	$0.75	$0.86	$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.27	$0.25	$4.02	$0.82	$0.67	$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.93	$0.06	$3.87	$0.76	$0.73	$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.05	$0.21	$3.84	$0.82	$0.85	$0.03
2016Detailed filing. Detailed filing data is available for this year.	$0.36	$0.19	$0.16	$0.02	$0.05	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$3.83	$0.19	$3.65	$0.61	$0.85	$0.24
2014Detailed filing. Detailed filing data is available for this year.	$4.09	$0.21	$3.88	$0.74	$0.73	$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.19	$0.32	$3.87	$0.70	$0.88	$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.28	$0.23	$4.05	$0.61	$0.71	$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.35	$0.21	$4.15	$0.46	$0.70	$0.24