Civic Intelligence

First Richland Morrow Housing Inc. VI

990 • Fiscal year 2016 • EIN 34-1830396

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 23, 2017

1601 Bethel Road Rm/Ste Ste AColumbus, OH 43220

(614) 451-9000

Siviq Scores

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

Liabilities / Assets

98th percentile

2.23x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

11.08x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

21st percentile

-6.7%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

20th percentile

-15%

Faster revenue growth than 20% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$701,943

Down $50,784 (-6.7%) from 2015

Net Assets

Down

-$864,695

Down $57,172 (-7.1%) from 2015

Liabilities

Up

$1,566,638

Up $6,388 (+0.4%) from 2015

Revenue

Down

$141,401

Down $25,597 (-15%) from 2015

Expenses

Up

$198,573

Up $12,955 (+7.0%) from 2015

Net Income

Down

-$57,172

Down $38,552 (-207%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $838,124Liabilities 2010: $1,566,824Net Assets 2010: -$728,7002010Assets 2011: $825,713Liabilities 2011: $1,565,717Net Assets 2011: -$740,0042011Assets 2012: $831,004Liabilities 2012: $1,573,238Net Assets 2012: -$742,2342012Assets 2013: $802,928Liabilities 2013: $1,568,261Net Assets 2013: -$765,3332013Assets 2014: $768,487Liabilities 2014: $1,557,390Net Assets 2014: -$788,9032014Assets 2015: $752,727Liabilities 2015: $1,560,250Net Assets 2015: -$807,5232015Assets 2016: $701,943Liabilities 2016: $1,566,638Net Assets 2016: -$864,6952016Assets 2017: $649,705Liabilities 2017: $1,574,776Net Assets 2017: -$925,0712017Assets 2018: $590,738Liabilities 2018: $1,569,925Net Assets 2018: -$979,1872018Assets 2019: $550,253Liabilities 2019: $1,558,802Net Assets 2019: -$1,008,5492019Assets 2020: $530,215Liabilities 2020: $1,560,073Net Assets 2020: -$1,029,8582020Assets 2021: $480,996Liabilities 2021: $1,564,195Net Assets 2021: -$1,083,1992021Assets 2022: $430,918Liabilities 2022: $1,563,716Net Assets 2022: -$1,132,7982022Assets 2023: $443,444Liabilities 2023: $1,618,536Net Assets 2023: -$1,175,0922023Assets 2024: $375,095Liabilities 2024: $1,576,897Net Assets 2024: -$1,201,8022024

Highlighted filing

2016

Assets$701,943
Liabilities$1,566,638
Net Assets-$864,695

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $171,9072010Expenses 2011: $173,1132011Expenses 2012: $180,1882012Revenue 2013: $166,064Expenses 2013: $189,163Net Income 2013: -$23,0992013Revenue 2014: $159,898Expenses 2014: $183,468Net Income 2014: -$23,5702014Revenue 2015: $166,998Expenses 2015: $185,618Net Income 2015: -$18,6202015Revenue 2016: $141,401Expenses 2016: $198,573Net Income 2016: -$57,1722016Revenue 2017: $148,383Expenses 2017: $208,759Net Income 2017: -$60,3762017Revenue 2018: $156,298Expenses 2018: $210,414Net Income 2018: -$54,1162018Revenue 2019: $165,033Expenses 2019: $194,395Net Income 2019: -$29,3622019Revenue 2020: $173,113Expenses 2020: $194,422Net Income 2020: -$21,3092020Revenue 2021: $174,173Expenses 2021: $227,514Net Income 2021: -$53,3412021Revenue 2022: $169,719Expenses 2022: $219,318Net Income 2022: -$49,5992022Revenue 2023: $179,938Expenses 2023: $222,232Net Income 2023: -$42,2942023Revenue 2024: $188,105Expenses 2024: $214,815Net Income 2024: -$26,7102024

Highlighted filing

2016

Revenue$141,401
Expenses$198,573
Net Income-$57,172
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 23, 2017
Return Version
2016v3.0
Gross Receipts
$141,401
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$628,841$599,731▼ $29,110
Cash and Non-Interest-Bearing Accounts$25,784$4,507▼ $21,277
Accounts Receivable$4,602$3,476▼ $1,126
Prepaid Expenses and Deferred Charges$3,359$2,902▼ $457
Total Assets$752,727$701,943▼ $50,784
Other Assets Total$90,141$91,327▲ $1,186
Liabilities
Other Liabilities$1,537,483$1,537,150▼ $333
Accounts Payable and Accrued Expenses$21,128$27,022▲ $5,894
Deferred Revenue$1,639$2,466▲ $827
Total Liabilities$1,560,250$1,566,638▲ $6,388
Net Assets / Fund Balance
Unrestricted Net Assets$-807,523$-864,695▼ $57,172
Total Net Assets Fund Balance$-807,523$-864,695▼ $57,172
Total Liabilities and Net Assets / Fund Balance$752,727$701,943▼ $50,784

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$520,967$560,778$1,081,745
Other Land Buildings$13,764$74,728$88,492
Land$65,000-$65,000
Equipment-$8,007$8,007
Other Assets Org$5,320--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$83,842
Program Service Revenue
$53,876
Investment Income
$40
Other Revenue
$3,643
Change in Net Assets
$-57,172

Audited Revenue Reconciliation

Revenue per Audited Statements
$141,401
Total Revenue per Audited Statements
$141,401
Total Revenue per Form 990
$141,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$165,145
Salaries, Compensation, and Employee Benefits$33,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$45,157--$45,157
Depreciation Depletion$41,185--$41,185
Other Salaries and Wages$14,069$13,138-$27,207
Fees for Services Management-$14,112-$14,112
Fees for Services Accounting-$7,380-$7,380
All Other Expenses$3,144$3,249-$6,393
Other Employee Benefits$4,071--$4,071
Other Expenses$4,031$3,036-$3,036
Payroll Taxes$2,150--$2,150
Insurance$626--$626
Advertising-$79-$79
Total Functional Expenses$148,959$49,614$0$198,573

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$198,573
Total Expenses per Audited Statements$198,573
Total Expenses per Form 990$198,573
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
Capital Advance$1,533,400
Security Deposits$3,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 return is reviewed by the corporate controller of the barcus company, the management agent, before the return is filed. Upon approval of the return, it is filed with the taxing authority.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
First Richland-morrow Housing
EIN
34-1830396
Phone
6144519000
Address
1601 BETHEL ROAD RM/STE STE A, COLUMBUS, OH 43220
Doing Business As
Mansfield Manor

Signing Officer

Name
Talbert Jones
Title
Executive Director
Phone
4197560368
Signed
2017-03-23

Organization Details

Principal Officer
Talbert Jones
Formed
1996
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Stemen Mertens Stickler Cpas
Address
370 S 5TH ST STE 1, COLUMBUS, OH 43215-5433
Preparer
Bryan P Stickler CPA
Phone
6142240955
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt080
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0293431
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01188
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088492
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13750
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 RETURN IS REVIEWED BY THE CORPORATE CONTROLLER OF THE BARCUS COMPANY, THE MANAGEMENT AGENT, BEFORE THE RETURN IS FILED. UPON APPROVAL OF THE RETURN, IT IS FILED WITH THE TAXING AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148959
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IRS990/TotalGrossUBIAmt00
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-864695
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0COLUMBUS
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TALBERT JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04197560368
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST RICHLAND-MORROW HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC VI
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0341830396
ReturnHeader/Filer/PhoneNum06144519000
ReturnHeader/Filer/USAddress/AddressLine1Txt01601 BETHEL ROAD RM/STE STE A
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$1.58$1.20$0.19$0.21$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.44$1.62$1.18$0.18$0.22$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.43$1.56$1.13$0.17$0.22$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.48$1.56$1.08$0.17$0.23$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.53$1.56$1.03$0.17$0.19$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.55$1.56$1.01$0.17$0.19$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.59$1.57$0.98$0.16$0.21$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.65$1.57$0.93$0.15$0.21$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.70$1.57$0.86$0.14$0.20$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.75$1.56$0.81$0.17$0.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.77$1.56$0.79$0.16$0.18$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.80$1.57$0.77$0.17$0.19$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$1.57$0.74$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$1.57$0.74$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$1.57$0.73$0.17