Civic Intelligence

Bridgeport Estates Inc.

990 • Fiscal year 2014 • EIN 34-1978097

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 04, 2015

101 Swan CTSpringtown, TX 76082

(817) 523-7555

Siviq Scores

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

Liabilities / Assets

50th percentile

0.05x

Higher debt load relative to assets than 50% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

100th percentile

423%

Higher net margin than 100% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

35th percentile

-1.8%

Faster asset growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Assets

Down

$562,973

Down $24,194 (-4.1%) from 2012

Net Assets

Down

$536,619

Down $42,778 (-7.4%) from 2012

Liabilities

Up

$26,354

Up $18,584 (+239%) from 2012

Revenue

-$6,799

No earlier filing loaded for comparison.

Expenses

Up

$21,970

Up $3,064 (+16%) from 2012

Net Income

-$28,769

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $601,078Liabilities 2011: $6,990Net Assets 2011: $594,0882011Assets 2012: $587,167Liabilities 2012: $7,770Net Assets 2012: $579,3972012Assets 2014: $562,973Liabilities 2014: $26,354Net Assets 2014: $536,6192014Assets 2015: $555,024Liabilities 2015: $19,952Net Assets 2015: $535,0722015Assets 2016: $559,041Liabilities 2016: $9,766Net Assets 2016: $549,2752016Assets 2017: $565,456Liabilities 2017: $11,784Net Assets 2017: $553,6722017Assets 2018: $568,150Liabilities 2018: $8,710Net Assets 2018: $559,4402018Assets 2019: $574,652Liabilities 2019: $10,473Net Assets 2019: $564,1792019Assets 2020: $580,100Liabilities 2020: $12,070Net Assets 2020: $568,0302020Assets 2021: $587,044Liabilities 2021: $10,491Net Assets 2021: $576,5532021Assets 2022: $587,361Liabilities 2022: $12,931Net Assets 2022: $574,4302022

Highlighted filing

2014

Assets$562,973
Liabilities$26,354
Net Assets$536,619

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $15,6782011Expenses 2012: $18,9062012Revenue 2014: -$6,799Expenses 2014: $21,970Net Income 2014: -$28,7692014Revenue 2015: $22,565Expenses 2015: $24,112Net Income 2015: -$1,5472015Revenue 2016: $29,195Expenses 2016: $14,992Net Income 2016: $14,2032016Revenue 2017: $20,424Expenses 2017: $16,027Net Income 2017: $4,3972017Revenue 2018: $22,306Expenses 2018: $16,536Net Income 2018: $5,7702018Revenue 2019: $20,868Expenses 2019: $16,129Net Income 2019: $4,7392019Revenue 2020: $16,423Expenses 2020: $12,572Net Income 2020: $3,8512020Revenue 2021: $21,154Expenses 2021: $12,631Net Income 2021: $8,5232021Revenue 2022: $62,370Expenses 2022: $64,493Net Income 2022: -$2,1232022

Highlighted filing

2014

Revenue-$6,799
Expenses$21,970
Net Income-$28,769
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 4, 2015
Return Version
2014v5.0
Gross Receipts
$47,253
Mission and Program Overview

Mission

Provision of housing to those with a low income.

To provide low income housing to residents of wise county, texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$518,985$502,879▼ $16,106
Savings and Temporary Cash Investments$42,350$38,717▼ $3,633
Cash and Non-Interest-Bearing Accounts$9,884$14,309▲ $4,425
Prepaid Expenses and Deferred Charges$2,000$7,068▲ $5,068
Total Assets$573,219$562,973▼ $10,246
Liabilities
Accounts Payable and Accrued Expenses$5,392$23,999▲ $18,607
Other Liabilities$2,439$2,355▼ $84
Total Liabilities$7,831$26,354▲ $18,523
Net Assets / Fund Balance
Unrestricted Net Assets$565,388$536,619▼ $28,769
Total Net Assets Fund Balance$565,388$536,619▼ $28,769
Total Liabilities and Net Assets / Fund Balance$573,219$562,973▼ $10,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$492,879$139,361$632,240
Land$10,000-$10,000
Equipment$0$3,000$3,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret MottramPresident
James RedingerDirector
Linda GuisingerDirector
Samual Lee JunkinsDirector
Velma Jean FordDirector
Mike SwanExecutive Director
Candy HarrisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$45
Other Revenue
$-6,844
Change in Net Assets
$-28,769

Audited Revenue Reconciliation

Revenue per Audited Statements
$-6,799
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$54,052
Total Revenue per Audited Statements
$47,253
Total Revenue per Form 990
$-6,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,951
Salaries, Compensation, and Employee Benefits$7,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,518--$6,518
Fees for Services Accounting-$5,750-$5,750
Fees for Services Other-$4,388-$4,388
Office Expenses-$2,918-$2,918
Travel-$1,039-$1,039
Conferences and Meetings-$821-$821
Payroll Taxes$501--$501
Other Expenses-$35-$35
Total Functional Expenses$7,019$14,951$0$21,970

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$76,022
Expenses Not Reported on Form 990$54,052
Expenses per Audited Statements$21,970
Total Expenses per Form 990$21,970
Expenses Not Reported on Financial Statements$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
Tenant Deposits$2,355
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 8B

There are no committees of the board of directors.

Form 990, Part VI, Section B, Line 11

The 990 is sent to the board for review and is signed and mailed by the executive director after an adequate period of time for comment.

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

The organization annually requires that the members of the board of directors affirm their independence from the board.

Form 990, Part VI, Section C, Line 19

The organization makes all of its information to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bridgeport Estates Inc
EIN
34-1978097
Phone
8175237555
Address
101 SWAN CT, SPRINGTOWN, TX 76082

Signing Officer

Name
Michael G Swan
Title
Executive Director
Phone
8175237555
Signed
2015-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael G Swan
Formed
2003
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Charles O Paul CPA
Address
7408 CONTINENTAL TRAIL, NORTH RICHLAND HILLS, TX 76182
Preparer
Charles O Paul CPA
Phone
8174980884
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bookkeeping fees: program service expenses 0. Management and general expenses 4,388. Fundraising expenses 0. Total expenses 4,388.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted with revenue 54,052.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted with revenue 54,052.

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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS SENT TO THE BOARD FOR REVIEW AND IS SIGNED AND MAILED BY THE EXECUTIVE DIRECTOR AFTER AN ADEQUATE PERIOD OF TIME FOR COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ANNUALLY REQUIRES THAT THE MEMBERS OF THE BOARD OF DIRECTORS AFFIRM THEIR INDEPENDENCE FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ALL OF ITS INFORMATION TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOKKEEPING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,388. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,388.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AFFORDABLE HOUSING OF PARKER COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0752946623
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RENTAL OF REAL ESTATE TO THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509 (A) 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0101 SWAN CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPRINGTOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076082
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0573219
IRS990/TotalAssetsEOYAmt0562973
IRS990/TotalAssetsGrp/BOYAmt0573219
IRS990/TotalAssetsGrp/EOYAmt0562973
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07019
IRS990/TotalFunctionalExpensesGrp/TotalAmt021970
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07831
IRS990/TotalLiabilitiesEOYAmt026354
IRS990/TotalLiabilitiesGrp/BOYAmt07831
IRS990/TotalLiabilitiesGrp/EOYAmt026354
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0565388
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0536619
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07019
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt045
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-6844
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-6799
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0573219
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0562973
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01039
IRS990/TravelGrp/TotalAmt01039
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0565388
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0536619
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 SWAN CT
IRS990/USAddress/CityNm0SPRINGTOWN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076082
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL G SWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08175237555
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIDGEPORT ESTATES INC
ReturnHeader/Filer/BusinessNameControlTxt0BRID
ReturnHeader/Filer/EIN0341978097
ReturnHeader/Filer/PhoneNum08175237555
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 SWAN CT
ReturnHeader/Filer/USAddress/CityNm0SPRINGTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076082
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752849913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHARLES O PAUL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07408 CONTINENTAL TRAIL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH RICHLAND HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076182
ReturnHeader/PreparerPersonGrp/PhoneNum08174980884
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES O PAUL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$0.13$5.74$0.62$0.64$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$0.10$5.77$0.21$0.13$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.12$5.68$0.16$0.13$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$0.10$5.64$0.21$0.16$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$0.09$5.59$0.22$0.17$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.65$0.12$5.54$0.20$0.16$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.10$5.49$0.29$0.15$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.20$5.35$0.23$0.24$0.02
2014Detailed filing. Detailed filing data is available for this year.$5.63$0.26$5.37$0.07$0.22$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.08$5.79$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.07$5.94$0.16
Peer Organizations

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