Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.98x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Down$166,331
Down $8,718 (-5.0%) from 2012
Net Assets
Up$3,401
Up $1,928 (+131%) from 2012
Liabilities
Down$162,930
Down $10,646 (-6.1%) from 2012
Revenue And Expenses
Revenue
Down$104,025
Down $731 (-0.7%) from 2012
Expenses
Up$102,097
Up $8,893 (+9.5%) from 2012
Net Income
Down$1,928
Down $9,624 (-83%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- May 19, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $104,025
Mission and Program Overview
Mission
To provide federally supported housing to the elderly.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ORGANIZED TO DEVELOP, CONSTRUCT, OWN, MAINTAIN AND OPERATE A 25 UNIT RENTAL HOUSING PROJECT FOR ELDERLY PERSONS OF LOW AND MODERATE INCOME. | $0 | $102,097 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DANIEL MORRIS | Member | - | $0 | - | - |
| HENRIETTA SPARKES | Member | - | $0 | - | - |
| BEVERLY ROUSE | Member | - | $0 | - | - |
| ROBERT LEONARD | President | - | $0 | - | - |
| HAROLD WALTERS | Secretary/Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 38-2110760
- Phone
- 6169571890
Signing Officer
- Name
- Robert Leonard
- Title
- President
- Phone
- 6169571890
- Signed
- 2014-05-19
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- James a Mc Neeley CPA
- Phone
- 5173237500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income . Amount: 25.”
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 16,481. Description: other expenses. Amount: 11,986. Total to form 990-ez, line 14: 28,467.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: repairs & maintenance . Amount: 24,147. Description: supplies . Amount: 1,009. Description: advertising . Amount: 168. Description: travel . Amount: 151. Description: interest expense . Amount: 3,146. Description: administrative expenses . Amount: 1,799. Description: insurance . Amount: 8,425. Description: management fees . Amount: 13,306. Description: telephone . Amount: 2,065. Total to form 990-ez, line 16: 54,216.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable . Beg. Of year amount: 976. End of year amount: 1,098. Description: security deposits . Beg. Of year amount: 8,649. End of year amount: 8,115. Description: replacement reserve . Beg. Of year amount: 21,855. End of year amount: 29,874. Description: prepaid expenses . Beg. Of year amount: 0. End of year amount: 1,770. Description: reserve for tax and insurance . Beg. Of year amount: 3,500. End of year amount: 2,600.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable & accrued expenses . Beg. Of year amount: 2,010. End of year amount: 4,653. Description: deferred revenue . Beg. Of year amount: 1,617. End of year amount: 0. Description: security deposits . Beg. Of year amount: 8,649. End of year amount: 7,211. Description: mortgage payable . Beg. Of year amount: 161,300. End of year amount: 151,066.”
Raw XML Appendix136 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 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | REZA MAHBAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7817079139 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 100 WELLS AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | NEWTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 02459 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 34067 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 15914 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1569 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1928 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4155 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 175049 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 166331 |
| IRS990EZ/GrossReceiptsAmt | 0 | 104025 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 25 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 106002 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 106960 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1473 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3401 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1473 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3401 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 28467 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| 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/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DANIEL MORRIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HENRIETTA SPARKES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BEVERLY ROUSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERT LEONARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | HAROLD WALTERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY/TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 34980 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 43457 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 54216 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE FEDERALLY SUPPORTED HOUSING TO THE ELDERLY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 478 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 102431 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ORGANIZED TO DEVELOP, CONSTRUCT, OWN, MAINTAIN AND OPERATE A 25 UNIT RENTAL HOUSING PROJECT FOR ELDERLY PERSONS OF LOW AND MODERATE INCOME. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 102097 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 14781 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 173576 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 162930 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 102097 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 102097 |
| IRS990EZ/TotalRevenueAmt | 0 | 104025 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME . AMOUNT: 25. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 16,481. DESCRIPTION: OTHER EXPENSES. AMOUNT: 11,986. TOTAL TO FORM 990-EZ, LINE 14: 28,467. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: REPAIRS & MAINTENANCE . AMOUNT: 24,147. DESCRIPTION: SUPPLIES . AMOUNT: 1,009. DESCRIPTION: ADVERTISING . AMOUNT: 168. DESCRIPTION: TRAVEL . AMOUNT: 151. DESCRIPTION: INTEREST EXPENSE . AMOUNT: 3,146. DESCRIPTION: ADMINISTRATIVE EXPENSES . AMOUNT: 1,799. DESCRIPTION: INSURANCE . AMOUNT: 8,425. DESCRIPTION: MANAGEMENT FEES . AMOUNT: 13,306. DESCRIPTION: TELEPHONE . AMOUNT: 2,065. TOTAL TO FORM 990-EZ, LINE 16: 54,216. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 976. END OF YEAR AMOUNT: 1,098. DESCRIPTION: SECURITY DEPOSITS . BEG. OF YEAR AMOUNT: 8,649. END OF YEAR AMOUNT: 8,115. DESCRIPTION: REPLACEMENT RESERVE . BEG. OF YEAR AMOUNT: 21,855. END OF YEAR AMOUNT: 29,874. DESCRIPTION: PREPAID EXPENSES . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,770. DESCRIPTION: RESERVE FOR TAX AND INSURANCE . BEG. OF YEAR AMOUNT: 3,500. END OF YEAR AMOUNT: 2,600. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES . BEG. OF YEAR AMOUNT: 2,010. END OF YEAR AMOUNT: 4,653. DESCRIPTION: DEFERRED REVENUE . BEG. OF YEAR AMOUNT: 1,617. END OF YEAR AMOUNT: 0. DESCRIPTION: SECURITY DEPOSITS . BEG. OF YEAR AMOUNT: 8,649. END OF YEAR AMOUNT: 7,211. DESCRIPTION: MORTGAGE PAYABLE . BEG. OF YEAR AMOUNT: 161,300. END OF YEAR AMOUNT: 151,066. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT LEONARD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6169571890 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | LOOKING GLASS TERRACE CORPORATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | C/O WINGATE COMPANIES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOOK |
| ReturnHeader/Filer/EIN | 0 | 382110760 |
| ReturnHeader/Filer/PhoneNum | 0 | 6169571890 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1260 WASHINGTON BLVD |
| ReturnHeader/Filer/USAddress/City | 0 | DETROIT |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 48226 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382157642 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | MANER COSTERISAN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 2425 E GRAND RIVER SUITE 1 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | LANSING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 489123291 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5173237500 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES A MC NEELEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-10T09:10:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $166,331
- Liabilities
- $162,930
- Net assets
- $3,401
- Revenue
- $104,025
- Expenses
- $102,097
- Net income
- $1,928