Civic Intelligence

Summit Square Place Office Park Owners Association Inc

990EZ • Fiscal year 2024 • EIN 38-3694658

Jan 01, 2024 to Dec 31, 2024 • Filed on May 28, 2025

Organization ProfileN/A
1795 Alysheba Way Ste 5101Lexington, KY 40509

(859) 543-1711

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.04x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)10 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.02x

Higher debt load relative to revenue than 75% of similar nonprofits.

2024 filings • 501(c)10 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-16%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)10 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2024 filings • 501(c)10 • <$500k nonprofits • Source year 2024

Asset Growth

9th percentile

-30%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)10 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-53%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)10 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

$60,174

No earlier filing loaded for comparison.

Net Assets

$57,531

No earlier filing loaded for comparison.

Liabilities

$2,643

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin23rd percentile

Revenue

$161,202

No earlier filing loaded for comparison.

Expenses

$187,397

No earlier filing loaded for comparison.

Net Income

-$26,195

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$80K$60K$40K$20K$0Assets 2017: $18,895Liabilities 2017: $0Net Assets 2017: $18,8952017Assets 2018: $28,018Liabilities 2018: $0Net Assets 2018: $28,0182018Assets 2019: $15,978Liabilities 2019: $0Net Assets 2019: $15,9782019Assets 2020: $11,283Liabilities 2020: $0Net Assets 2020: $11,2832020Assets 2022: $22,937Liabilities 2022: $0Net Assets 2022: $22,9372022Assets 2024: $60,174Liabilities 2024: $2,643Net Assets 2024: $57,5312024

Highlighted filing

2024

Assets$60,174
Liabilities$2,643
Net Assets$57,531
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$200K$100K$0-$100KRevenue 2017: $117,586Expenses 2017: $116,204Net Income 2017: $1,3822017Revenue 2018: $122,465Expenses 2018: $113,341Net Income 2018: $9,1242018Revenue 2019: $115,067Expenses 2019: $127,103Net Income 2019: -$12,0362019Revenue 2020: $97,518Expenses 2020: $102,313Net Income 2020: -$4,7952020Revenue 2022: $179,343Expenses 2022: $181,067Net Income 2022: -$1,7242022Revenue 2024: $161,202Expenses 2024: $187,397Net Income 2024: -$26,1952024

Highlighted filing

2024

Revenue$161,202
Expenses$187,397
Net Income-$26,195
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.1
Gross Receipts
$161,202
Mission and Program Overview

Mission

Provide common area maintenance and other administrative services to the office park residences.

Program Services

DescriptionGrantsExpenses
PROVIDE COMMON AREA MAINTENANCE AND OTHER ADMINISTRATIVE SERVICES TO THE OFFICE PARK RESIDENCES--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM WALDENPresident-$0--
NANCY BISHOFSecretary-$0--
JOE JONESVice President-$0--
Filing and Contact Details

Filer

Filer Name
Summit Square Place Office Park
EIN
38-3694658
Address
1795 Alysheba Way Ste 5101, LEXINGTON, KY 40509

Signing Officer

Name
Tim Walden
Title
President
Signed
2025-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Block Advisors
Address
3201 Summit Square Place, Lexington, KY 40509
Preparer
Jaden Kostrubanic
Phone
8592680765
Supplemental Narrative

Additional Explanations

Other Expenses.1

“ROOF REPLACEMENT $42850”

Other Expenses.2

“LIGHTING REPAIR $29834”

Other Expenses.3

“INSURANCE $29792”

Other Expenses.4

“MANAGEMENT FEES $23786”

Other Expenses.5

“GARDENING $17639”

Other Expenses.6

“SNOW REMOVAL $11874”

Other Expenses.7

“ELECTRICITY $11389”

Other Expenses.8

“TRASH $9015”

Other Expenses.9

“WATER AND SEWER $4123”

Other Expenses.10

“WINDOW REPAIR $3095”

Other Expenses.11

“MAINTENANCE $1330”

Other Expenses.12

“Parking lot expense $1200”

Other Expenses.13

“LEGAL & ACCOUNTING $650”

Other Expenses.14

“OFFICE EXPENSE $438”

Other Expenses.15

“ROOF REPAIR $382”

Other Assets.1005

“Accounts Receivable - Beginning $7022 Accounts Receivable - Ending $8595”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $2643 Accounts Payable and Accrued Expenses - Ending $2643”

Raw XML Appendix134 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CINDY ALLNUT
IRS990EZ/BooksInCareOfDetail/PhoneNum08595431711
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 PROSPEROUS PLACE STE 120
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040509
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079347
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt051579
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26195
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt086369
IRS990EZ/Form990TotalAssetsGrp/EOYAmt060174
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0161202
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt083726
IRS990EZ/NetAssetsOrFundBalancesEOYAmt057531
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt083726
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt057531
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM WALDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NANCY BISHOF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOE JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07022
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08595
IRS990EZ/OtherExpensesTotalAmt0187397
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE COMMON AREA MAINTENANCE AND OTHER ADMINISTRATIVE SERVICES TO THE OFFICE PARK RESIDENCES.
IRS990EZ/ProgramServiceRevenueAmt0161201
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE COMMON AREA MAINTENANCE AND OTHER ADMINISTRATIVE SERVICES TO THE OFFICE PARK RESIDENCES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02643
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02643
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0187397
IRS990EZ/TotalRevenueAmt0161202
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROOF REPLACEMENT $42850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIGHTING REPAIR $29834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE $29792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT FEES $23786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GARDENING $17639
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SNOW REMOVAL $11874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ELECTRICITY $11389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRASH $9015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8WATER AND SEWER $4123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9WINDOW REPAIR $3095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MAINTENANCE $1330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PARKING LOT EXPENSE $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LEGAL & ACCOUNTING $650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13OFFICE EXPENSE $438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ROOF REPAIR $382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Receivable - Beginning $7022 Accounts Receivable - Ending $8595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Payable and Accrued Expenses - Beginning $2643 Accounts Payable and Accrued Expenses - Ending $2643
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1001
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM WALDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT SQUARE PLACE OFFICE PARK
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OWNERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0383694658
ReturnHeader/Filer/USAddress/AddressLine1Txt01795 Alysheba Way Ste 5101
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040509
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Block Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03201 Summit Square Place
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040509
ReturnHeader/PreparerPersonGrp/PhoneNum08592680765
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jaden Kostrubanic
ReturnHeader/ReturnTs02025-05-28T11:04:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,174
Liabilities
$2,643
Net assets
$57,531
Revenue
$161,202
Expenses
$187,397
Net income
-$26,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.03$0.58$1.61$1.87$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$1.79$1.81$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.98$1.02$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.00$0.16$1.15$1.27$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$1.22$1.13$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$1.18$1.16$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)10 • <$500k nonprofits