Civic Intelligence

Sapphire Homes Inc.

990 • Fiscal year 2020 • EIN 36-3504473

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

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

1.63x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

4.42x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

39th percentile

0.7%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

47th percentile

5.1%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

3.0%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$514,773

Up $24,851 (+5.1%) from 2019

Net Assets

Up

-$324,206

Up $1,299 (+0.4%) from 2019

Liabilities

Up

$838,979

Up $23,552 (+2.9%) from 2019

Revenue

Up

$189,667

Up $5,488 (+3.0%) from 2019

Expenses

Up

$188,368

Up $3,242 (+1.8%) from 2019

Net Income

Up

$1,299

Up $2,246 (+237%) from 2019

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

2020

Assets$514,773
Liabilities$838,979
Net Assets-$324,206

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

2020

Revenue$189,667
Expenses$188,368
Net Income$1,299
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$189,667
Mission and Program Overview

Mission

Rental to low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$453,902$450,926▼ $2,976
Savings and Temporary Cash Investments$28,566$38,507▲ $9,941
Cash and Non-Interest-Bearing Accounts$5,844$23,763▲ $17,919
Prepaid Expenses and Deferred Charges$1,248$1,216▼ $32
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$489,922$514,773▲ $24,851
Other Assets Total$1$0▼ $1
Liabilities
Unsecured Notes Loans Payable$773,733$758,333▼ $15,400
Accounts Payable and Accrued Expenses$35,971$74,738▲ $38,767
Other Liabilities$5,723$5,908▲ $185
Total Liabilities$815,427$838,979▲ $23,552
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,280$31,220▲ $8,940
Net Assets Without Donor Restrictions$-347,785$-355,426▼ $7,641
Total Net Assets Fund Balance$-325,505$-324,206▲ $1,299
Total Liabilities and Net Assets / Fund Balance$489,922$514,773▲ $24,851

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$373,402$658,549$1,031,951
Other Land Buildings$30,524$107,234$137,758
Land$47,000-$47,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill BeanPresident
Ann DamrowVice President
Celeste PogacharDirector
Dale HuhtanenDirector
Dean DrakeDirector
Dorothy RummelDirector
Mark GrotboDirector
Merry Jo RallDirector
Cole HardenExecutive Director
Shirley FosterSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,378
Program Service Revenue
$175,281
Investment Income
$8
Other Revenue
$0
Change in Net Assets
$1,299

Audited Revenue Reconciliation

Revenue per Audited Statements
$189,667
Total Revenue per Audited Statements
$189,667
Total Revenue per Form 990
$189,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,368
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$66,226--$66,226
Depreciation Depletion$32,685--$32,685
Occupancy$29,712--$29,712
Fees for Services Management-$18,720-$18,720
Insurance-$14,384-$14,384
Fees for Services Accounting-$13,270-$13,270
Fees for Services Other-$6,180-$6,180
Office Expenses-$1,947-$1,947
Other Expenses$4,071$285-$285
All Other Expenses$55--$55
Total Functional Expenses$132,749$55,619$0$188,368

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$188,368
Total Expenses per Audited Statements$188,368
Total Expenses per Form 990$188,368
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$5,907
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
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
2021-11-11
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
609 BLUE FISH COURT, NORMAN, OK 73069
Preparer
Kimberly Buckman CPA
Phone
4063691216
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IRS990/OtherExpensesGrp/TotalAmt1511
IRS990/OtherExpensesGrp/TotalAmt2322
IRS990/OtherExpensesGrp/TotalAmt3285
IRS990/OtherLiabilitiesGrp/BOYAmt05723
IRS990/OtherLiabilitiesGrp/EOYAmt05908
IRS990/OtherRevenueTotalAmt00
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/BOYAmt01248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01216
IRS990/PrincipalOfficerNm0Cole Harden
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0FEES & CONTRACTS GOV AGEN
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RD ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc4RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11665
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27906
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt334020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt476358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27906
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt334020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt476358
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0185126
IRS990/PYProgramServiceRevenueAmt0184173
IRS990/PYRevenuesLessExpensesAmt0-947
IRS990/PYTotalExpensesAmt0185126
IRS990/PYTotalRevenueAmt0184179
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01299
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0175281
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028566
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038507
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0103730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt087792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt094096
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt091377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0471097
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt085929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt090077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt082022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt091885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt085557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0435470
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0906567
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0189659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0184179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0169814
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0185981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0176934
IRS990ScheduleA/Total509Grp/TotalAmt0906567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0189667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0184185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0169818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0185988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0176942
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0906600
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0373402
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0658549
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01031951
IRS990ScheduleD/ExpensesSubtotalAmt0188368
IRS990ScheduleD/LandGrp/BookValueAmt047000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt047000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030524
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0107234
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0137758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0189667
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0450926
IRS990ScheduleD/TotalExpensesPerForm990Amt0188368
IRS990ScheduleD/TotalLiabilityAmt05908
IRS990ScheduleD/TotalRevenuePerForm990Amt0189667
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0189667
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0188368
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
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
IRS990ScheduleR/AssetExchangeInd0false

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