Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Troy Concern Inc.
EIN 35-1757011 • 501(c)3 • Troy, OH
Pub. 78 Eligible990-N Coverage
Profile
To provide deserving moderate income families in the troy area the opportunity of owning their own single family homes.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.33x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Balance Sheet
Assets
Up$121,437
Up $887 (+0.7%) from 2020
Liabilities
Down$40,483
Down $2,483 (-5.8%) from 2020
Net Assets
Up$80,954
Up $3,370 (+4.3%) from 2020
Revenue
Down$8,457
Down $17,432 (-67%) from 2020
Expenses
Down$5,191
Down $13,176 (-72%) from 2020
Net Income
Down$3,266
Down $4,256 (-57%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $121,437
- Liabilities
- $40,483
- Net assets
- $80,954
- Revenue
- $8,457
- Expenses
- $5,191
- Net income
- $3,266
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Apr 22, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $8,457
Mission and Program Overview
Mission
To provide deserving moderate income families in the troy area the opportunity of owning their own single family homes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| A LAND CONTRACT IS ESTABLISED BETWEEN CLIENT FAMILY AND TROY CONCERN, INC. WITH NO DOWNPAYMENT AND A FIVE YEAR TERM FOR A HOUSE THAT IS PRICED WITH-IN THEIR ABILITY TO MAKE MONTHLY PAYMENTS. PAYMENTS INCLUDE TAXES AND INSURANCE. AT THE END OF THE FIVE YEARS, THE CLIENT USUALLY HAS ENOUGH EQUITY IN THE PROPERTY TO OBTAIN A TRADIDTIONAL MORTGAGE FROM ANOTHER SOURCE. FIRST PRESBYTERIAN CHURCH BOARD OF TRUSTEES PROVIDES ADDITIONAL INVESTMENT FUNDS TO TROY CONCERN TO BUY THE PROPERTY IN THE FIRST PLACE. THERE MUST BE AT LEAST ONE DEACON FROM THE CHURCH ON THE BOARD OF DIRECTORS. TROY CONCERN, INC. MEETS AT THE CHURCH AND IS CARRIED IN THE CHURCH'S ANNUAL REPORT. SOMETIMES THE MINISTHER ATTENDS THE REGULAR BOARD OF DIRECTOR'S MEETINGS. | - | $5,191 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TOM BURTON | President | - | $0 | - | - |
| DE WAYNE SMITH | Vice Preside | - | $0 | - | - |
| BARBARA OWEN | Treasurer | - | $0 | - | - |
| MAXINE SMITH | Secretary | - | $0 | - | - |
| BARB LEFEVRE | Board Of Director | - | $0 | - | - |
| PATTI JONES-LOGAN | Board Of Director | - | $0 | - | - |
| ANN HARVEY | Board Of Director | - | $0 | - | - |
| JUDY BARKER | Board Of Director | - | $0 | - | - |
| MATT BAKER | Board Of Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Troy Concern Inc
- EIN
- 35-1757011
- Phone
- 9372162148
- Address
- 20 S WALNUT ST, TROY, OH 45373
Signing Officer
- Name
- Tom Burton
- Title
- President
- Phone
- 9372162148
- Signed
- 2022-04-22
Preparer
- Firm
- H & S Tax Services LLC
- Address
- 1385 STONY CREEK RD STE 1L, TROY, OH 45373
- Preparer
- Janice K Harshman
- Phone
- 9374184817
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Sidewalk refund 957 total 957”
Form 990-ez, Part I, Line 20
“Income timing difference 104 paid off mortgage of prop sold 0”
Form 990-ez, Part II, Line 24
“Purchase of 2 properties land contra 59,000 59,000 total 59,000 59,000”
Form 990-ez, Part II, Line 26
“Mortgage due to church for land cont 42,966 40,483”
Form 990-ez, Part III
“To provide deserving moderate income families in the troy area the opportunity of owning their own single family homes.”
Form 990-ez, Part III, Line 28
“A land contract is establised between client family and troy concern, inc. With no downpayment and a five year term for a house that is priced with-in their ability to make monthly payments. Payments include taxes and insurance. At the end of the five years, the client usually has enough equity in the property to obtain a tradidtional mortgage from another source. First presbyterian church board of trustees provides additional investment funds to troy concern to buy the property in the first place. There must be at least one deacon from the church on the board of directors. Troy concern, inc. Meets at the church and is carried in the church's annual report. Sometimes the ministher attends the regular board of director's meetings.”
Raw XML Appendix139 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/BooksInCareOfDetail/PersonNm | 0 | DEWAYNE SMITH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9373391317 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 20 S WALNUT ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TROY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 45373 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 61550 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 62437 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3266 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 120550 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 121437 |
| IRS990EZ/GrossReceiptsAmt | 0 | 8457 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 77584 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 80954 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 77584 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 80954 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5191 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TOM BURTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DE WAYNE SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BARBARA OWEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MAXINE SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BARB LEFEVRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | PATTI JONES-LOGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ANN HARVEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JUDY BARKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | MATT BAKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD OF DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD OF DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD OF DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD OF DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD OF DIR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 59000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 59000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 104 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 957 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE DESERVING MODERATE INCOME FAMILIES IN THE TROY AREA THE OPPORTUNITY OF OWNING THEIR OWN SINGLE FAMILY HOMES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 7500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | A LAND CONTRACT IS ESTABLISED BETWEEN CLIENT FAMILY AND TROY CONCERN, INC. WITH NO DOWNPAYMENT AND A FIVE YEAR TERM FOR A HOUSE THAT IS PRICED WITH-IN THEIR ABILITY TO MAKE MONTHLY PAYMENTS. PAYMENTS INCLUDE TAXES AND INSURANCE. AT THE END OF THE FIVE YEARS, THE CLIENT USUALLY HAS ENOUGH EQUITY IN THE PROPERTY TO OBTAIN A TRADIDTIONAL MORTGAGE FROM ANOTHER SOURCE. FIRST PRESBYTERIAN CHURCH BOARD OF TRUSTEES PROVIDES ADDITIONAL INVESTMENT FUNDS TO TROY CONCERN TO BUY THE PROPERTY IN THE FIRST PLACE. THERE MUST BE AT LEAST ONE DEACON FROM THE CHURCH ON THE BOARD OF DIRECTORS. TROY CONCERN, INC. MEETS AT THE CHURCH AND IS CARRIED IN THE CHURCH'S ANNUAL REPORT. SOMETIMES THE MINISTHER ATTENDS THE REGULAR BOARD OF DIRECTOR'S MEETINGS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5191 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 42966 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 40483 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 5191 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 5191 |
| IRS990EZ/TotalRevenueAmt | 0 | 8457 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SIDEWALK REFUND 957 TOTAL 957 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INCOME TIMING DIFFERENCE 104 PAID OFF MORTGAGE OF PROP SOLD 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PURCHASE OF 2 PROPERTIES LAND CONTRA 59,000 59,000 TOTAL 59,000 59,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MORTGAGE DUE TO CHURCH FOR LAND CONT 42,966 40,483 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PROVIDE DESERVING MODERATE INCOME FAMILIES IN THE TROY AREA THE OPPORTUNITY OF OWNING THEIR OWN SINGLE FAMILY HOMES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A LAND CONTRACT IS ESTABLISED BETWEEN CLIENT FAMILY AND TROY CONCERN, INC. WITH NO DOWNPAYMENT AND A FIVE YEAR TERM FOR A HOUSE THAT IS PRICED WITH-IN THEIR ABILITY TO MAKE MONTHLY PAYMENTS. PAYMENTS INCLUDE TAXES AND INSURANCE. AT THE END OF THE FIVE YEARS, THE CLIENT USUALLY HAS ENOUGH EQUITY IN THE PROPERTY TO OBTAIN A TRADIDTIONAL MORTGAGE FROM ANOTHER SOURCE. FIRST PRESBYTERIAN CHURCH BOARD OF TRUSTEES PROVIDES ADDITIONAL INVESTMENT FUNDS TO TROY CONCERN TO BUY THE PROPERTY IN THE FIRST PLACE. THERE MUST BE AT LEAST ONE DEACON FROM THE CHURCH ON THE BOARD OF DIRECTORS. TROY CONCERN, INC. MEETS AT THE CHURCH AND IS CARRIED IN THE CHURCH'S ANNUAL REPORT. SOMETIMES THE MINISTHER ATTENDS THE REGULAR BOARD OF DIRECTOR'S MEETINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TOM BURTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9372162148 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-04-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TROY CONCERN INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TROY |
| ReturnHeader/Filer/EIN | 0 | 351757011 |
| ReturnHeader/Filer/PhoneNum | 0 | 9372162148 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 20 S WALNUT ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TROY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 45373 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 871725787 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | H & S TAX SERVICES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1385 STONY CREEK RD STE 1L |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TROY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 45373 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9374184817 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-04-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JANICE K HARSHMAN |
| ReturnHeader/ReturnTs | 0 | 2022-05-06T10:48:51-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TOM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BURTON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
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