Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Independence Square Apartments II Inc
990EZ • Fiscal year 2017 • EIN 38-3295366
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% 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
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$275,436
Down $10,913 (-3.8%) from 2016
Net Assets
Down$219,943
Down $7,386 (-3.2%) from 2016
Liabilities
Down$55,493
Down $3,527 (-6.0%) from 2016
Revenue And Expenses
Revenue
Down$63,417
Down $106 (-0.2%) from 2016
Expenses
Down$70,536
Down $4,872 (-6.5%) from 2016
Net Income
Up-$7,119
Up $4,766 (+40%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Feb 27, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $63,417
Mission and Program Overview
Mission
To provide elderly persons and handicapped persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. | - | $34,196 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JUDY WORTHINGTON | President | - | $0 | - | - |
| FRANK BACON | V. President | - | $0 | - | - |
| RICH WARD | Treasurer | - | $0 | - | - |
| HELEN RUFFING | Secretary | - | $0 | - | - |
| HARRY OLDENBURG | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Independence Square Apartments Ii
- EIN
- 38-3295366
- Phone
- 8103854463
- Address
- 3051 COMMERCE DRIVE STE 5, FORT GRATIOT, MI 48059
Signing Officer
- Name
- Frank Bacon
- Title
- V. President
- Phone
- 8103854463
- Signed
- 2018-02-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Stewart Beauvais & Whipple Pc
- Address
- 1979 HOLLAND AVE SUITE A, PORT HURON, MI 48060-8639
- Preparer
- Christine I Latour CPA Mst
- Phone
- 8109843829
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Laundry & vending 769 total 769”
Form 990-ez, Part I, Line 16
“Expenses supplies 1,113 taxes & licenses 992 miscellaneous 90 administrative free unit 10,224 res. Receipts recapture 882 non-investment depreciation 9,780 total 23,081”
Form 990-ez, Part I, Line 20
“Unrealized loss on investments -267”
Form 990-ez, Part II, Line 24
“Accounts receivable 139 0 prepaid expenses and deferred charges 0 1,988 furnishings 4,218 4,218 less accumulated depreciation 4,218 4,218 tenant security deposits 1,166 1,176 total 1,305 3,164”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 7,766 3,129 deferred revenue 487 705 tenant security deposits 1,166 1,176 residual receipts recapture 49,601 50,483”
Form 990-ez, Part III
“To provide elderly persons and handicapped persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs.”
Raw XML Appendix168 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | INNOVATIVE HOUSING DEVR KIEHLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8103854463 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3051 COMMERCE DR SUITE 5 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FORT GRATIOT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48059 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 69354 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 66362 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 40424 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7119 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 24913 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 286349 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 275436 |
| IRS990EZ/GrossReceiptsAmt | 0 | 63417 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1304 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 215690 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 205910 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 227329 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 219943 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 227329 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 219943 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 22542 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| 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/PersonNm | 0 | JUDY WORTHINGTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | FRANK BACON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RICH WARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | HELEN RUFFING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | HARRY OLDENBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | V. PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1305 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3164 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -267 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 23081 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 769 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 20920 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34196 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 59020 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 55493 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 70536 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34196 |
| IRS990EZ/TotalRevenueAmt | 0 | 63417 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | LAUNDRY & VENDING 5,446 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 40424 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 40628 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 51337 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 51287 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 45940 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 229616 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1304 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1217 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1026 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1278 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1427 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 6252 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 71537 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 769 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 749 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1196 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1244 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1488 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 5446 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.95150 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.94700 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 229616 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 40424 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 40628 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 51337 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 51287 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 45940 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 229616 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 241314 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LAUNDRY & VENDING 769 TOTAL 769 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES SUPPLIES 1,113 TAXES & LICENSES 992 MISCELLANEOUS 90 ADMINISTRATIVE FREE UNIT 10,224 RES. RECEIPTS RECAPTURE 882 NON-INVESTMENT DEPRECIATION 9,780 TOTAL 23,081 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNREALIZED LOSS ON INVESTMENTS -267 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS RECEIVABLE 139 0 PREPAID EXPENSES AND DEFERRED CHARGES 0 1,988 FURNISHINGS 4,218 4,218 LESS ACCUMULATED DEPRECIATION 4,218 4,218 TENANT SECURITY DEPOSITS 1,166 1,176 TOTAL 1,305 3,164 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,766 3,129 DEFERRED REVENUE 487 705 TENANT SECURITY DEPOSITS 1,166 1,176 RESIDUAL RECEIPTS RECAPTURE 49,601 50,483 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK BACON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | V. PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8103854463 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-02-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INDEPENDENCE SQUARE APARTMENTS II |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INDE |
| ReturnHeader/Filer/EIN | 0 | 383295366 |
| ReturnHeader/Filer/PhoneNum | 0 | 8103854463 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3051 COMMERCE DRIVE STE 5 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FORT GRATIOT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48059 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 37B099F45F39B70CA4FAF27CCF66283AF72BFA73 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9A27826B17AABC7F807C851B3606131A088CADFB |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 70.88.127.114 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-03-01 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:13:00 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382775143 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | STEWART BEAUVAIS & WHIPPLE PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1979 HOLLAND AVE SUITE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PORT HURON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 480608639 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8109843829 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-02-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTINE I LATOUR CPA MST |
| ReturnHeader/ReturnTs | 0 | 2018-03-01T17:13:00-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $275,436
- Liabilities
- $55,493
- Net assets
- $219,943
- Revenue
- $63,417
- Expenses
- $70,536
- Net income
- -$7,119