Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.36x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$120,550
Down $193,559 (-62%) from 2015
Net Assets
Down$77,584
Down $36,987 (-32%) from 2015
Liabilities
Down$42,966
Down $156,572 (-78%) from 2015
Revenue And Expenses
Revenue
Down$25,889
Down $2,820 (-9.8%) from 2015
Expenses
Down$18,367
Down $4,540 (-20%) from 2015
Net Income
Up$7,522
Up $1,720 (+30%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Mar 8, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $74,178
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. | - | $18,367 |
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
- 2022-03-08
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
“Insurance refund from sale 638 total 638”
Form 990-ez, Part I, Line 20
“Paid off mortgage of prop sold -36,122”
Form 990-ez, Part II, Line 24
“Purchase of 2 properties land contra 134,000 59,000 total 134,000 59,000”
Form 990-ez, Part II, Line 26
“Mortgage due to church for land cont 82,039 42,966”
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 Appendix151 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | TOM BURTON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | DE WAYNE SMITH |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | BARBARA OWEN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | MAXINE SMITH |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | BARB LEFEVRE |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | PATTI JONESLOGAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 6 | ANN HARVEY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 7 | JUDY BARKER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 8 | MATT BAKER |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BARBARA H OWEN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9372162148 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6138 VERNON ASBURY RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SOUTH VIENNA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 453699755 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 54223 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 61550 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 48289 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7522 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 188223 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 120550 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 17751 |
| IRS990EZ/GrossReceiptsAmt | 0 | 74178 |
| 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 | 106184 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 77584 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 106184 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 77584 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 18367 |
| 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 | 134000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 59000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -36122 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 638 |
| 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 | 18367 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 66040 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 82039 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 42966 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18367 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 18367 |
| IRS990EZ/TotalRevenueAmt | 0 | 25889 |
| 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 | INSURANCE REFUND FROM SALE 638 TOTAL 638 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PAID OFF MORTGAGE OF PROP SOLD -36,122 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PURCHASE OF 2 PROPERTIES LAND CONTRA 134,000 59,000 TOTAL 134,000 59,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MORTGAGE DUE TO CHURCH FOR LAND CONT 82,039 42,966 |
| 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 | 2022-03-08 |
| 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 | 2022-03-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JANICE K HARSHMAN |
| ReturnHeader/ReturnTs | 0 | 2022-03-10T21:12:33-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TOM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BURTON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $120,550
- Liabilities
- $42,966
- Net assets
- $77,584
- Revenue
- $25,889
- Expenses
- $18,367
- Net income
- $7,522