Civic Intelligence

St Anthony'S Gardens

990 • Fiscal year 2023 • EIN 32-0382910

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

7887 Walmsley AveNew Orleans, LA 70125

(504) 861-6252

Siviq Scores

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

Liabilities / Assets

99th percentile

4.02x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.16x

Higher debt load relative to revenue than 26% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

13th percentile

$152,400

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

1st percentile

-98%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

144%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Down

$948,814

Down $44,136,784 (-98%) from 2022

Net Assets

Up

-$2,864,656

Up $11,477,994 (+80%) from 2022

Liabilities

Down

$3,813,470

Down $55,614,778 (-94%) from 2022

Revenue

Up

$24,043,027

Up $14,186,288 (+144%) from 2022

Expenses

Up

$12,565,033

Up $1,159,344 (+10%) from 2022

Net Income

Up

$11,477,994

Up $13,026,944 (+841%) from 2022

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2021: $46,425,842Liabilities 2021: $59,219,542Net Assets 2021: -$12,793,7002021Assets 2022: $45,085,598Liabilities 2022: $59,428,248Net Assets 2022: -$14,342,6502022Assets 2023: $948,814Liabilities 2023: $3,813,470Net Assets 2023: -$2,864,6562023Assets 2024: $643,018Liabilities 2024: $3,798,019Net Assets 2024: -$3,155,0012024

Highlighted filing

2023

Assets$948,814
Liabilities$3,813,470
Net Assets-$2,864,656

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2021: $10,081,600Expenses 2021: $10,735,199Net Income 2021: -$653,5992021Revenue 2022: $9,856,739Expenses 2022: $11,405,689Net Income 2022: -$1,548,9502022Revenue 2023: $24,043,027Expenses 2023: $12,565,033Net Income 2023: $11,477,9942023Revenue 2024: $0Expenses 2024: $290,345Net Income 2024: -$290,3452024

Highlighted filing

2023

Revenue$24,043,027
Expenses$12,565,033
Net Income$11,477,994
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$66,801,745
Mission and Program Overview

Mission

A continuous-care residential community that provides full-service, convenient living geared to the needs of the growing market of senior citizens in the st. Tammany parish and new orleans metropolitan region.

Independent living, assisted living, and memory care facility

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$44,160,599$0▼ $44,160,599
Accounts Receivable$70,302$448,345▲ $378,043
Cash and Non-Interest-Bearing Accounts$735,639$388,041▼ $347,598
Prepaid Expenses and Deferred Charges$34,286$27,656▼ $6,630
Total Assets$45,085,598$948,814▼ $44,136,784
Other Assets Total$84,772$84,772→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$41,237,254$0▼ $41,237,254
Other Liabilities$17,550,611$3,417,663▼ $14,132,948
Accounts Payable and Accrued Expenses$494,565$395,807▼ $98,758
Deferred Revenue$145,818--
Total Liabilities$59,428,248$3,813,470▼ $55,614,778
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,342,650$-2,864,656▲ $11,477,994
Total Net Assets Fund Balance$-14,342,650$-2,864,656▲ $11,477,994
Total Liabilities and Net Assets / Fund Balance$45,085,598$948,814▼ $44,136,784

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$84,772--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracy BrownExecutive DirectorFT$99,996$4,511$104,507
Fernand J Cheri Iii Ofm VgMember--$29,667$29,667
Gregory M AymondPresident--$24,610$24,610

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Totalcom USAConsultingPO BOX 4808, Monroe, LA 71211$106,943
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,198,188
Investment Income
$14,844,839
Other Revenue
$0
Change in Net Assets
$11,477,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,491,824
Salaries, Compensation, and Employee Benefits$5,073,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,377,491$844,373-$4,221,864
Interest$2,608,026$289,780-$2,897,806
Depreciation Depletion$1,261,454$140,162-$1,401,616
Occupancy$873,206$97,023-$970,229
Insurance$423,322$47,036-$470,358
Other Employee Benefits$250,513$62,628-$313,141
Payroll Taxes$229,429$57,357-$286,786
Pension Plan Contributions$120,594$30,148-$150,742
Fees for Services Management-$141,979-$141,979
Fees for Services Other-$141,797-$141,797
Office Expenses-$128,119-$128,119
Current Officers, Directors, Trustees, and Key Employees$80,541$20,135-$100,676
Information Technology-$68,664-$68,664
Advertising$45,930--$45,930
Fees for Services Legal-$32,150-$32,150
Fees for Services Accounting-$26,900-$26,900
Other Expenses$17,864$41,533-$17,864
All Other Expenses$1,975$207-$2,182
Total Functional Expenses$10,395,042$2,169,991$0$12,565,033
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
Loans Payable to Related Parties$3,376,302
Resident Evacuation Deposits$41,361
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

See part vii, section a for list of officers and directors

Form 990, Part VI, Section A, Line 7A

The archbishop of new orleans appoints the members of the board of directors.

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

A complete copy of this form 990 has been made available to all members prior to filing this return.

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

Officers, directors or trustees, and key employees are required to disclose annually interests that could give rise to conflict.

Form 990, Part VI, Section B, Line 15A

The board approves the salary package through the budget process.

Form 990, Part VI, Section C, Line 19

Made available upon request

Filing and Contact Details

Filer

Filer Name
ST ANTHONY'S GARDENS
EIN
32-0382910
Phone
5048616252
Address
7887 WALMSLEY AVE, NEW ORLEANS, LA 70125

Signing Officer

Name
Very Rev Patrick Carr
Title
Board Member
Phone
5048616252
Signed
2024-05-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Very Rev Patrick Carr
Formed
2012
Legal Domicile
La
Voting Board Members
16
Independent Board Members
16
Employees
246
Volunteers
9

Preparer

Firm
Kushner Lagraize LLC
Address
3330 WEST ESPLANADE AVENUE STE 100, METAIRIE, LA 70002
Preparer
Douglas W Finegan
Phone
5048389991
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

On june 14, 2023, substantially all of st. Anthony's gardens' assets were sold to commcare corporation. All of the entity's property and equipment were sold and the bank loan, debt owed to the archdiocese of new orleans, and bonds were paid off with the proceeds from the sale.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and louisiana revenue and taxation code section 17.22(a). Therefore, no provision for income taxes has been included in these financial statements. The organization recognizes the financial statement impact from uncertain tax positions only if it is "more likely than not" the tax position will not be sustained on examination by the taxing authorities. To the extent the organization's assessment of such tax positions change, the change will be recorded in the period in which the determination is made.

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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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IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0LA
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0A CONTINUOUS-CARE RESIDENTIAL COMMUNITY THAT PROVIDES FULL-SERVICE, CONVENIENT LIVING GEARED TO THE NEEDS OF THE GROWING MARKET OF SENIOR CITIZENS IN THE ST. TAMMANY PARISH AND NEW ORLEANS METROPOLITAN REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-14342650
IRS990/NetAssetsOrFundBalancesEOYAmt0-2864656
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt014844839
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014844839
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2864656
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt097023
IRS990/OccupancyGrp/ProgramServicesAmt0873206
IRS990/OccupancyGrp/TotalAmt0970229
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0128119
IRS990/OfficeExpensesGrp/TotalAmt0128119
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt084772
IRS990/OtherAssetsTotalGrp/EOYAmt084772
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt062628
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0250513
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0313141
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGE
IRS990/OtherExpensesGrp/Desc1RESIDENT SERVICES
IRS990/OtherExpensesGrp/Desc2ENVIRONMENTAL SERVICES
IRS990/OtherExpensesGrp/Desc3ASSISTED LIVING AND MEM
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IRS990/OtherExpensesGrp/ProgramServicesAmt0964651
IRS990/OtherExpensesGrp/ProgramServicesAmt180210
IRS990/OtherExpensesGrp/ProgramServicesAmt259836
IRS990/OtherExpensesGrp/ProgramServicesAmt317864
IRS990/OtherExpensesGrp/TotalAmt01006184
IRS990/OtherExpensesGrp/TotalAmt180210
IRS990/OtherExpensesGrp/TotalAmt259836
IRS990/OtherExpensesGrp/TotalAmt317864
IRS990/OtherLiabilitiesGrp/BOYAmt017550611
IRS990/OtherLiabilitiesGrp/EOYAmt03417663
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0844373
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03377491
IRS990/OtherSalariesAndWagesGrp/TotalAmt04221864
IRS990/PartialLiquidationInd01
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt057357
IRS990/PayrollTaxesGrp/ProgramServicesAmt0229429
IRS990/PayrollTaxesGrp/TotalAmt0286786
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt030148
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0120594
IRS990/PensionPlanContributionsGrp/TotalAmt0150742
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034286
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027656
IRS990/PrincipalOfficerNm0VERY REV PATRICK CARR
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IRS990/ProgramServiceRevenueGrp/BusinessCd2623000
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IRS990/ProgramServiceRevenueGrp/Desc0INDEPENDENT LIVING
IRS990/ProgramServiceRevenueGrp/Desc1ASSISTED LIVING
IRS990/ProgramServiceRevenueGrp/Desc2MEMORY CARE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER OPERATING INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12727604
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IRS990/ProgSrvcAccomActy2Grp/Desc0ST. ANTHONY'S GARDENS PROVIDES INDIVIDUALS WHO NEED ASSISTANCE WITH THE ACTIVITIES OF DAILY LIVING IN THE PRIVACY OF A PRIVATE RESIDENCE. THE ASSISTED LIVING NEIGHBORHOOD IS SPECIFICALLY DESIGNED TO HELP RESIDENTS ACHIEVE THE IDEALS OF A HEALTHY BODY AND MIND AND LIVE A PURPOSE-DRIVEN LIFE WITH A STRONG SPIRITUAL SUPPORT BASE. IT PROVIDES ALL THE SUPPORTIVE SERVICES NEEDED TO CONTINUE LIVING AS INDEPENDENTLY AS POSSIBLE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03082516
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02727604
IRS990/ProgSrvcAccomActy3Grp/Desc0ST. ANTHONY'S GARDENS MEMORY CARE NEIGHBORHOOD HAS HIGHLY TRAINED AND CARING STAFF THAT DEDICATE EACH DAY TO LIFE AFFIRMING ACTIVITIES, ENRICHING THE LIVES OF RESIDENTS WITH ALZHEIMER'S DISEASE AND OTHER RELATED DEMENTIAS. THE MEMORY CARE PROGRAM OFFERS RESIDENTS THE CARE, RESPECT, DIGNITY, AND QUALITY OF LIFE. THE PRIVATE SUITES ARE DESIGNED TO ENSURE THAT RESIDENTS ARE SAFE AND SECURE AND PROVIDES LOVED ONES WITH A PEACE OF MIND.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01635768
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01447431
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER OPERATING INCOME RELATED TO AUXILIARY SERVICES TO RESIDENTS
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt054303
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04968850
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0500000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09198188
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08816835
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08036348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06050258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt041958368
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt042458368
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09198188
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08036348
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IRS990ScheduleA/Total509Grp/TotalAmt042458368
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09198188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt09856739
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010081600

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