Civic Intelligence

Southern Community Development Corporation

EIN 38-4132695 • 501(c)3 • Baton Rouge, LA

Pub. 78 Eligible990-N CoverageNTEE P20

Profile

To develop affordable housing to the underserved community

9800 Airline Hwy 221Baton Rouge, LA 70816
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.33x

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

NTEE P20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

0.83x

Higher debt load relative to revenue than 95% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

-0.3%

Higher net margin than 33% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P20 • <$500k nonprofits • Source year 2023

Asset Growth

63rd percentile

13%

Faster asset growth than 63% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-70%

Faster revenue growth than 11% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$334,039

Up $39,000 (+13%) from 2022

Liabilities

Up

$109,679

Up $109,679 from 2022

Net Assets

Down

$224,360

Down $70,679 (-24%) from 2022

Operations
Liabilities / Revenue95th percentileNet Margin33rd percentile

Revenue

Down

$132,375

Down $312,259 (-70%) from 2022

Expenses

Down

$132,710

Down $141,702 (-52%) from 2022

Net Income

Down

-$335

Down $170,557 (-100%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2022: $295,039Liabilities 2022: $0Net Assets 2022: $295,0392022Assets 2023: $334,039Liabilities 2023: $109,679Net Assets 2023: $224,3602023

Highlighted filing

2023

Assets$334,039
Liabilities$109,679
Net Assets$224,360
Open 2023 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2022: $444,634Expenses 2022: $274,412Net Income 2022: $170,2222022Revenue 2023: $132,375Expenses 2023: $132,710Net Income 2023: -$3352023

Highlighted filing

2023

Revenue$132,375
Expenses$132,710
Net Income-$335
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$334,039
Liabilities
$109,679
Net assets
$224,360
Revenue
$132,375
Expenses
$132,710
Net income
-$335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.34$1.10$2.24$1.32$1.33$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$4.45$2.74$1.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.1
Gross Receipts
$132,375
Mission and Program Overview

Mission

To develop affordable housing to the underserved community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$489,069$325,829▼ $163,240
Cash and Non-Interest-Bearing Accounts$32,183$8,210▼ $23,973
Total Assets$521,252$334,039▼ $187,213
Liabilities
Escrow Account Liability$103,576$109,679▲ $6,103
Total Liabilities$103,576$109,679▲ $6,103
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$417,676$224,360▼ $193,316
Total Net Assets Fund Balance$417,676$224,360▼ $193,316
Total Liabilities and Net Assets / Fund Balance$521,252$334,039▼ $187,213

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$158,264-$158,264
Other Land Buildings$94,159-$94,159
Equipment$73,406-$73,406
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Joseph SheltonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$71,483
Program Service Revenue
$60,892
Investment Income
$0
Other Revenue
$0
All Other Contributions
$71,483
Change in Net Assets
$-335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$132,710
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
Other Expenses---$10,843
Total Functional Expenses$0$0$0$132,710
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990, Part VI, Line 11B

“The completed 990 is distributed to the Board Members for review”

990, Part VI, Line 12C

“The Organization Bylaws”

990, Part VI, Line 15

“The Board Members are not being paid or on Salary”

990, Part VI, Line 19

“All documents are available for public inspection”

Filing and Contact Details

Filer

Filer Name
Southern Community Development Corporation
EIN
38-4132695
Phone
2254651932
Address
9800 AIRLINE HWY 221, BATON ROUGE, LA 70816

Signing Officer

Name
Joseph Shelton
Title
President
Phone
2254651932
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Shelton
Formed
2019
Legal Domicile
La
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Bell Tax Accountants
Address
6945 S STONY ISLAND AVE, CHICAGO, IL 60649
Preparer
Alton Bell Ii
Phone
7739943300
Raw XML Appendix246 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.

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