Civic Intelligence

Sapphire Homes Inc.

990 • Fiscal year 2018 • EIN 36-3504473

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

501 N 10th StHamilton, MT 59840

(406) 363-2800

Siviq Scores

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

Liabilities / Assets

97th percentile

1.64x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

4.89x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

30th percentile

-3.6%

Higher net margin than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

33rd percentile

-3.1%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

29th percentile

-5.9%

Faster revenue growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$506,088

Down $16,057 (-3.1%) from 2017

Net Assets

Down

-$324,558

Down $6,125 (-1.9%) from 2017

Liabilities

Down

$830,646

Down $9,932 (-1.2%) from 2017

Revenue

Down

$169,818

Down $10,691 (-5.9%) from 2017

Expenses

Down

$175,962

Down $12,067 (-6.4%) from 2017

Net Income

Up

-$6,144

Up $1,376 (+18%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $592,902Liabilities 2010: $840,441Net Assets 2010: -$247,5392010Assets 2011: $606,761Liabilities 2011: $836,983Net Assets 2011: -$230,2222011Assets 2012: $588,717Liabilities 2012: $830,912Net Assets 2012: -$242,1952012Assets 2013: $571,949Liabilities 2013: $838,454Net Assets 2013: -$266,5052013Assets 2014: $548,992Liabilities 2014: $836,406Net Assets 2014: -$287,4142014Assets 2015: $530,277Liabilities 2015: $828,353Net Assets 2015: -$298,0762015Assets 2016: $513,523Liabilities 2016: $824,436Net Assets 2016: -$310,9132016Assets 2017: $522,145Liabilities 2017: $840,578Net Assets 2017: -$318,4332017Assets 2018: $506,088Liabilities 2018: $830,646Net Assets 2018: -$324,5582018Assets 2019: $489,922Liabilities 2019: $815,427Net Assets 2019: -$325,5052019Assets 2020: $514,773Liabilities 2020: $838,979Net Assets 2020: -$324,2062020Assets 2021: $495,066Liabilities 2021: $829,402Net Assets 2021: -$334,3362021Assets 2022: $482,545Liabilities 2022: $821,349Net Assets 2022: -$338,8042022Assets 2023: $471,344Liabilities 2023: $816,874Net Assets 2023: -$345,5302023Assets 2024: $450,280Liabilities 2024: $807,446Net Assets 2024: -$357,1662024

Highlighted filing

2018

Assets$506,088
Liabilities$830,646
Net Assets-$324,558

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $172,7692010Expenses 2011: $173,5862011Expenses 2012: $175,4762012Revenue 2013: $158,632Expenses 2013: $182,942Net Income 2013: -$24,3102013Revenue 2014: $162,867Expenses 2014: $183,776Net Income 2014: -$20,9092014Revenue 2015: $176,863Expenses 2015: $187,525Net Income 2015: -$10,6622015Revenue 2016: $176,942Expenses 2016: $189,779Net Income 2016: -$12,8372016Revenue 2017: $180,509Expenses 2017: $188,029Net Income 2017: -$7,5202017Revenue 2018: $169,818Expenses 2018: $175,962Net Income 2018: -$6,1442018Revenue 2019: $184,179Expenses 2019: $185,126Net Income 2019: -$9472019Revenue 2020: $189,667Expenses 2020: $188,368Net Income 2020: $1,2992020Revenue 2021: $185,186Expenses 2021: $195,316Net Income 2021: -$10,1302021Revenue 2022: $198,578Expenses 2022: $203,048Net Income 2022: -$4,4702022Revenue 2023: $209,452Expenses 2023: $216,178Net Income 2023: -$6,7262023Revenue 2024: $218,342Expenses 2024: $229,978Net Income 2024: -$11,6362024

Highlighted filing

2018

Revenue$169,818
Expenses$175,962
Net Income-$6,144
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$169,818
Mission and Program Overview

Mission

Rental to low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$500,860$480,406▼ $20,454
Savings and Temporary Cash Investments$17,075$19,570▲ $2,495
Cash and Non-Interest-Bearing Accounts$2,605$4,531▲ $1,926
Prepaid Expenses and Deferred Charges$1,244$1,220▼ $24
Accounts Receivable$361$361→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$522,145$506,088▼ $16,057
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$801,307$787,983▼ $13,324
Accounts Payable and Accrued Expenses$33,505$37,040▲ $3,535
Other Liabilities$5,766$5,623▼ $143
Total Liabilities$840,578$830,646▼ $9,932
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,792$13,286▲ $2,494
Unrestricted Net Assets$-329,225$-337,844▼ $8,619
Total Net Assets Fund Balance$-318,433$-324,558▼ $6,125
Total Liabilities and Net Assets / Fund Balance$522,145$506,088▼ $16,057

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$398,867$607,844$1,006,711
Other Land Buildings$34,539$92,711$127,250
Land$47,000-$47,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey StahleckerPresident
Ann DamrowVice President
Bill BeanDirector
Celeste PogacharDirector
Charley LarsonDirector
Dale HuhtanenDirector
Mark GrotboDirector
Merry JoRallDirector
Cole HardenExecutive Director
Shirley FosterSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$169,814
Investment Income
$4
Other Revenue
$0
Change in Net Assets
$-6,144

Audited Revenue Reconciliation

Revenue per Audited Statements
$169,818
Total Revenue per Audited Statements
$169,818
Total Revenue per Form 990
$169,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$64,357--$64,357
Depreciation Depletion$32,181--$32,181
Occupancy$29,206--$29,206
Fees for Services Management-$17,507-$17,507
Insurance$13,644--$13,644
Fees for Services Accounting-$12,289-$12,289
Fees for Services Other-$5,000-$5,000
Other Expenses-$153-$153
Total Functional Expenses$139,388$36,574$0$175,962

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$175,962
Total Expenses per Audited Statements$175,962
Total Expenses per Form 990$175,962
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$5,623
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sapphire Homes Inc
EIN
36-3504473
Phone
4063632800
Address
501 N 10TH ST, HAMILTON, MT 59840

Signing Officer

Name
Cole Harden
Title
Executive Director
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cole Harden
Formed
1987
Legal Domicile
Mt
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Kimberly Buckman CPA Pc
Address
1110 West Main Street, HAMILTON, MT 59840-2569
Preparer
Kimberly Buckman CPA
Phone
4063691216
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

To adjust net assets per balance sheet = $19

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IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01244
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01220
IRS990/PrincipalOfficerNm0Cole Harden
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEES & CONTRACTS GOV AGEN
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RD ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc4RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051199
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12977
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210421
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt336593
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt468624
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051199
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210421
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt336593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt468624
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0188029
IRS990/PYProgramServiceRevenueAmt0180502
IRS990/PYRevenuesLessExpensesAmt0-7520
IRS990/PYTotalExpensesAmt0188029
IRS990/PYTotalRevenueAmt0180509
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6144
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0169814
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017075
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019570
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094096
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt091377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt087453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt091364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0452082
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt082022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt091885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt085557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt089404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt071498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0420366
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt030
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0872448
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0169814
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0185981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0176934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0176857
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0162862
IRS990ScheduleA/Total509Grp/TotalAmt0872448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0169818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0185988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0176942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0176863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0162867
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0872478
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0398867
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0607844
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01006711
IRS990ScheduleD/ExpensesSubtotalAmt0175962
IRS990ScheduleD/LandGrp/BookValueAmt047000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt047000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034539
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt092711
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0127250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05623
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0169818
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0480406
IRS990ScheduleD/TotalExpensesPerForm990Amt0175962
IRS990ScheduleD/TotalLiabilityAmt05623
IRS990ScheduleD/TotalRevenuePerForm990Amt0169818
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0169818
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0175962
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ADJUST NET ASSETS PER BALANCE SHEET = $19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$8.07$3.57$2.18$2.30$0.12
2023Detailed filing. Detailed filing data is available for this year.$4.71$8.17$3.46$2.09$2.16$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.83$8.21$3.39$1.99$2.03$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.95$8.29$3.34$1.85$1.95$0.10
2020Detailed filing. Detailed filing data is available for this year.$5.15$8.39$3.24$1.90$1.88$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.90$8.15$3.26$1.84$1.85$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.06$8.31$3.25$1.70$1.76$0.06
2017Detailed filing. Detailed filing data is available for this year.$5.22$8.41$3.18$1.81$1.88$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.14$8.24$3.11$1.77$1.90$0.13
2015Detailed filing. Detailed filing data is available for this year.$5.30$8.28$2.98$1.77$1.88$0.11
2014Detailed filing. Detailed filing data is available for this year.$5.49$8.36$2.87$1.63$1.84$0.21
2013Detailed filing. Detailed filing data is available for this year.$5.72$8.38$2.67$1.59$1.83$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$8.31$2.42$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$8.37$2.30$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.93$8.40$2.48$1.73