Civic Intelligence

Gfbc Housing & Development Inc.

990 • Fiscal year 2013 • EIN 38-3567490

Jan 01, 2013 to Dec 31, 2013

Organization Profile
Detroit, MI
Siviq Scores

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

Liabilities / Assets

85th percentile

0.33x

Higher debt load relative to assets than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

1.18x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

61st percentile

8.3%

Higher net margin than 61% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

32nd percentile

-7.2%

Faster asset growth than 32% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

22nd percentile

-20%

Faster revenue growth than 22% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$143,145

Down $11,077 (-7.2%) from 2012

Net Assets

Down

$96,033

Down $9,386 (-8.9%) from 2012

Liabilities

Down

$47,112

Down $1,691 (-3.5%) from 2012

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin61st percentile

Revenue

Down

$40,091

Down $9,963 (-20%) from 2012

Expenses

Down

$36,759

Down $14,783 (-29%) from 2012

Net Income

Up

$3,332

Up $4,820 (+324%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$300K$200K$100K$0Assets 2011: $137,023Liabilities 2011: $53,920Net Assets 2011: $83,1032011Assets 2012: $154,222Liabilities 2012: $48,803Net Assets 2012: $105,4192012Assets 2013: $143,145Liabilities 2013: $47,112Net Assets 2013: $96,0332013Assets 2014: $145,853Liabilities 2014: $38,519Net Assets 2014: $107,3342014Assets 2015: $149,871Liabilities 2015: $33,378Net Assets 2015: $116,4932015Assets 2016: $229,458Liabilities 2016: $60,955Net Assets 2016: $168,5032016Assets 2017: $152,476Liabilities 2017: $0Net Assets 2017: $152,4762017Assets 2018: $148,206Liabilities 2018: $0Net Assets 2018: $148,2062018Assets 2019: $143,851Liabilities 2019: $0Net Assets 2019: $143,8512019Assets 2020: $126,941Liabilities 2020: $0Net Assets 2020: $126,9412020Assets 2021: $118,962Liabilities 2021: $0Net Assets 2021: $118,9622021Assets 2022: $119,328Liabilities 2022: $0Net Assets 2022: $119,3282022Assets 2023: $101,433Liabilities 2023: $0Net Assets 2023: $101,4332023Assets 2024: $99,014Liabilities 2024: $26,784Net Assets 2024: $72,2302024

Highlighted filing

2013

Assets$143,145
Liabilities$47,112
Net Assets$96,033
Open 2013 Filing

Operations Trend

Revenue Growth22nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $33,620Expenses 2011: $35,270Net Income 2011: -$1,6502011Revenue 2012: $50,054Expenses 2012: $51,542Net Income 2012: -$1,4882012Revenue 2013: $40,091Expenses 2013: $36,759Net Income 2013: $3,3322013Revenue 2014: $40,449Expenses 2014: $35,751Net Income 2014: $4,6982014Revenue 2015: $46,817Expenses 2015: $48,619Net Income 2015: -$1,8022015Revenue 2016: $150,384Expenses 2016: $85,413Net Income 2016: $64,9712016Revenue 2017: $11,063Expenses 2017: $27,090Net Income 2017: -$16,0272017Revenue 2018: $12,329Expenses 2018: $16,599Net Income 2018: -$4,2702018Revenue 2019: $5,110Expenses 2019: $9,465Net Income 2019: -$4,3552019Revenue 2020: $0Expenses 2020: $16,910Net Income 2020: -$16,9102020Revenue 2021: $0Expenses 2021: $7,979Net Income 2021: -$7,9792021Revenue 2022: $8,380Expenses 2022: $8,014Net Income 2022: $3662022Revenue 2023: $16,848Expenses 2023: $34,743Net Income 2023: -$17,8952023Revenue 2024: $12,373Expenses 2024: $41,576Net Income 2024: -$29,2032024

Highlighted filing

2013

Revenue$40,091
Expenses$36,759
Net Income$3,332
Open 2013 Filing
Filing Detail Status

This 2013 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Mission and Program Overview

Mission

To provide affordable housing for low to middle income michigan residents.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$143,145
Liabilities
$47,112
Net assets
$96,033
Revenue
$40,091
Expenses
$36,759
Net income
$3,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.27$0.72$0.12$0.42$0.29
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.17$0.35$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$0.08$0.08$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$0.00$0.08$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$0.00$0.17$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$0.05$0.09$0.04
2018Summary only. Only limited summary data is available for this year.$1.48$0.00$1.48$0.12$0.17$0.04
2017Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$0.11$0.27$0.16
2016Summary only. Only limited summary data is available for this year.$2.29$0.61$1.69$1.50$0.85$0.65
2015Summary only. Only limited summary data is available for this year.$1.50$0.33$1.16$0.47$0.49$0.02
2014Summary only. Only limited summary data is available for this year.$1.46$0.39$1.07$0.40$0.36$0.05
2013Summary only. Only limited summary data is available for this year.$1.43$0.47$0.96$0.40$0.37$0.03
2012Summary only. Only limited summary data is available for this year.$1.54$0.49$1.05$0.50$0.52$0.01
2011Summary only. Only limited summary data is available for this year.$1.37$0.54$0.83$0.34$0.35$0.02