Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2021 • EIN 35-1894464

Oct 01, 2020 to Sep 30, 2021 • Filed on Jan 25, 2022

3100 North Meridian StreetIndianapolis, IN 46208

(847) 294-2154

Siviq Scores

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

Liabilities / Assets

99th percentile

2.43x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

8.54x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

18th percentile

-6.0%

Higher net margin than 18% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$284,510

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 66.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

14th percentile

-4.7%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

37th percentile

2.9%

Faster revenue growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,499,788

Down $74,318 (-4.7%) from 2020

Net Assets

Down

-$2,146,617

Down $25,689 (-1.2%) from 2020

Liabilities

Down

$3,646,405

Down $48,629 (-1.3%) from 2020

Revenue

Up

$427,132

Up $11,944 (+2.9%) from 2020

Expenses

Up

$452,821

Up $60,024 (+15%) from 2020

Net Income

Down

-$25,689

Down $48,080 (-215%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2013: $2,074,552Liabilities 2013: $3,538,839Net Assets 2013: -$1,464,2872013Assets 2014: $2,019,139Liabilities 2014: $3,538,127Net Assets 2014: -$1,518,9882014Assets 2015: $1,937,437Liabilities 2015: $3,589,237Net Assets 2015: -$1,651,8002015Assets 2016: $1,840,952Liabilities 2016: $3,613,560Net Assets 2016: -$1,772,6082016Assets 2017: $1,772,962Liabilities 2017: $3,631,494Net Assets 2017: -$1,858,5322017Assets 2019: $1,584,898Liabilities 2019: $3,728,217Net Assets 2019: -$2,143,3192019Assets 2020: $1,574,106Liabilities 2020: $3,695,034Net Assets 2020: -$2,120,9282020Assets 2021: $1,499,788Liabilities 2021: $3,646,405Net Assets 2021: -$2,146,6172021Assets 2022: $1,408,783Liabilities 2022: $3,633,821Net Assets 2022: -$2,225,0382022Assets 2024: $1,276,872Liabilities 2024: $3,609,671Net Assets 2024: -$2,332,7992024

Highlighted filing

2021

Assets$1,499,788
Liabilities$3,646,405
Net Assets-$2,146,617

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $465,1662013Revenue 2014: $445,027Expenses 2014: $499,728Net Income 2014: -$54,7012014Revenue 2015: $413,889Expenses 2015: $546,701Net Income 2015: -$132,8122015Revenue 2016: $396,731Expenses 2016: $517,539Net Income 2016: -$120,8082016Revenue 2017: $356,760Expenses 2017: $442,684Net Income 2017: -$85,9242017Revenue 2019: $387,240Expenses 2019: $513,088Net Income 2019: -$125,8482019Revenue 2020: $415,188Expenses 2020: $392,797Net Income 2020: $22,3912020Revenue 2021: $427,132Expenses 2021: $452,821Net Income 2021: -$25,6892021Revenue 2022: $479,197Expenses 2022: $557,618Net Income 2022: -$78,4212022Revenue 2024: $508,992Expenses 2024: $588,636Net Income 2024: -$79,6442024

Highlighted filing

2021

Revenue$427,132
Expenses$452,821
Net Income-$25,689
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jan 25, 2022
Return Version
2020v4.1
Gross Receipts
$427,132
Mission and Program Overview

Mission

Provide low-income elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,345,826$1,314,847▼ $30,979
Savings and Temporary Cash Investments$128,899$92,012▼ $36,887
Cash and Non-Interest-Bearing Accounts$36,473$71,276▲ $34,803
Accounts Receivable$46,027$3,392▼ $42,635
Total Assets$1,574,106$1,499,788▼ $74,318
Other Assets Total$16,881$18,261▲ $1,380
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,517,200$3,517,200→ $0
Other Liabilities$74,490$113,313▲ $38,823
Accounts Payable and Accrued Expenses$93,919$9,896▼ $84,023
Deferred Revenue$9,425$5,996▼ $3,429
Total Liabilities$3,695,034$3,646,405▼ $48,629
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,120,928$-2,146,617▼ $25,689
Total Net Assets Fund Balance$-2,120,928$-2,146,617▼ $25,689
Total Liabilities and Net Assets / Fund Balance$1,574,106$1,499,788▼ $74,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,263,383$2,243,155$3,506,538
Other Land Buildings$1,509$174,309$175,818
Land$49,955-$49,955
Compensation and Service Providers

Employees

NameTitleOtherTotal
F Bradford BaileyPresident$65,995$65,995
Steven M HowardVice President$61,603$61,603
Renea SmithAsst Secretary$60,168$60,168
David HarveyTreasurer$53,819$53,819
Marc S JohnsonDirector$53,084$53,084
James W McdowellAsst Treasurer$51,007$51,007
Jonathan RichDirector$49,301$49,301

Board Members and Trustees

NameTitle
Kenneth G HodderChairman
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$195,291
Program Service Revenue
$229,549
Investment Income
$61
Other Revenue
$2,231
Change in Net Assets
$-25,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,132
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$427,132
Total Revenue per Form 990
$427,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$293,890
Salaries, Compensation, and Employee Benefits$158,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,521$42,760-$137,281
Occupancy$103,660$5,700-$109,360
Depreciation Depletion$88,919--$88,919
Office Expenses$15,617$17,907-$33,524
Fees for Services Management-$30,217-$30,217
Insurance$25,599--$25,599
Other Employee Benefits$14,509--$14,509
Payroll Taxes$7,141--$7,141
Fees for Services Accounting-$1,200-$1,200
Fees for Services Legal-$476-$476
Conferences and Meetings-$270-$270
Other Expenses$15$4,310-$15
Total Functional Expenses$349,981$102,840$0$452,821

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$452,821
Total Expenses per Audited Statements$452,821
Total Expenses per Form 990$452,821
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Miscellaneous Current Liabilities$96,324
Tenant Deposits Held in Trust$16,989
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Line 3 explanation - the project entered into a management agreement with lenzy hayes, inc., whereby in return for providing management services to the project.

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

Line 11b explanation - the form 990 is reviewed and approved by the board of directors prior to it being filed.

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

Booth manor, inc. Is an affiliate of salvation army. The conflict of interest policy of the salvation army governs the actions of directors and trustees of booth manor, inc. The following is a description of salvation armys conflict of interest policy: in order to avoid any appearance that the judgment of a salvation army officer or employee has been influenced, it is the policy of the salvation army that salvation army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to the salvation army (referred to in this policy as vendors). No salvation army officer or employee will accept employment by, or act as a consultant to, any vendor. No salvation army officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to the salvation army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (a) legitimate business related meals or (b) entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor. Implementation: all salvation army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of the salvation army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a salvation army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in the salvation army central territory employee manual, and all employees of the salvation army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by the salvation army, up to and including termination.

Form 990, Part VI, Section C, Line 19

Booth manor, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
35-1894464
Phone
8472942154
Address
3100 NORTH MERIDIAN STREET, INDIANAPOLIS, IN 46208

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Phone
8472942154
Signed
2022-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bramwell E Higgins
Formed
1992
Legal Domicile
In
Voting Board Members
9
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Fin 48 (asc 740) footnote schedule d, part x, line 2 the corporation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of section 501(a) of the code. In the event the corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of september 30, 2021 and 2020. The corporation adopted the standard for accounting for uncertainty in income taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

ROUNDING

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2120928
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2146617
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05700
IRS990/OccupancyGrp/ProgramServicesAmt0103660
IRS990/OccupancyGrp/TotalAmt0109360
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017907
IRS990/OfficeExpensesGrp/ProgramServicesAmt015617
IRS990/OfficeExpensesGrp/TotalAmt033524
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016881
IRS990/OtherAssetsTotalGrp/EOYAmt018261
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014509
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014509
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS FINANCIAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04310
IRS990/OtherExpensesGrp/ProgramServicesAmt015
IRS990/OtherExpensesGrp/TotalAmt04310
IRS990/OtherExpensesGrp/TotalAmt115
IRS990/OtherLiabilitiesGrp/BOYAmt074490
IRS990/OtherLiabilitiesGrp/EOYAmt0113313
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISC REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02192
IRS990/OtherRevenueMiscGrp/ExclusionAmt139
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt139
IRS990/OtherRevenueTotalAmt02231
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042760
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt094521
IRS990/OtherSalariesAndWagesGrp/TotalAmt0137281
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07141
IRS990/PayrollTaxesGrp/TotalAmt07141
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRAMWELL E HIGGINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0229549
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0229549
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0268116
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0188
IRS990/PYOtherExpensesAmt0272516
IRS990/PYOtherRevenueAmt04630
IRS990/PYProgramServiceRevenueAmt0142254
IRS990/PYRevenuesLessExpensesAmt022391
IRS990/PYSalariesCompEmpBnftPaidAmt0120281
IRS990/PYTotalExpensesAmt0392797
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0415188
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25689
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0229549
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0128899
IRS990/SavingsAndTempCashInvstGrp/EOYAmt092012
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0195291
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0268116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0187995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0147815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0167489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0966706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0229549
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0142254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0194344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0228512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0189212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0983871
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0674
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02231
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04818
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04622
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01305
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012976
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99310
IRS990ScheduleA/PublicSupportPY509Pct00.99410
IRS990ScheduleA/PublicSupportTotal509Amt01950577
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0424840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0410370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0382339
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0376327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0356701
IRS990ScheduleA/Total509Grp/TotalAmt01950577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0427132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0415376
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0387240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0377719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0356760
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01964227
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01263383
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02243155
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03506538
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0452821
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt049955
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt049955
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01509
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0174309
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0175818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016989
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt196324
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0427132
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS RECOGNIZED IN THE FINANCIAL STATEMENTS. IT IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE CODE. IN THE EVENT THE CORPORATION WAS TO LOSE ITS TAX EXEMPT STATUS, INCOME TAX EXPENSE FOR THE TAX REPORTING ENTITY WOULD INCLUDE FEDERAL AND STATE TAXES CURRENTLY PAYABLE AND DEFERRED TAXES ARISING FROM TEMPORARY DIFFERENCES BETWEEN INCOME FOR FINANCIAL REPORTING AND INCOME TAX PURPOSES. NO SUCH DIFFERENCES EXISTED AS OF SEPTEMBER 30, 2021 AND 2020. THE CORPORATION ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. FEDERAL AND STATE TAX AUTHORITIES (IF APPLICABLE) GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01314847
IRS990ScheduleD/TotalExpensesPerForm990Amt0452821
IRS990ScheduleD/TotalLiabilityAmt0113313
IRS990ScheduleD/TotalRevenuePerForm990Amt0427132
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0427132
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0452821
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0255946
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt015357
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013207
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRAMWELL E HIGGINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0284510
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS RECEIVED SALARY AND BENEFITS FROM THE SALVATION ARMY, A RELATED ORGANIZATION
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 3 EXPLANATION - THE PROJECT ENTERED INTO A MANAGEMENT AGREEMENT WITH LENZY HAYES, INC., WHEREBY IN RETURN FOR PROVIDING MANAGEMENT SERVICES TO THE PROJECT.

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