Civic Intelligence

Barrows MILL Housing Inc.

990 • Fiscal year 2014 • EIN 41-2161570

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 29, 2015

PO Box 1254Dunn, NC 28335

(910) 892-0436

Siviq Scores

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

Liabilities / Assets

87th percentile

1.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

81st percentile

15.20x

Higher debt load relative to revenue than 81% of similar nonprofits.

2014 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2014

Net Margin

16th percentile

-54%

Higher net margin than 16% of similar nonprofits.

2014 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2014 filings • NTEE L • $1M-$5M nonprofits • Source year 2014

Asset Growth

25th percentile

-4.2%

Faster asset growth than 25% of similar nonprofits.

2014 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

67th percentile

4.6%

Faster revenue growth than 67% of similar nonprofits.

2014 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,404,755

Down $104,828 (-4.2%) from 2013

Net Assets

Down

-$844,096

Down $116,119 (-16%) from 2013

Liabilities

Up

$3,248,851

Up $11,291 (+0.3%) from 2013

Revenue

Up

$213,783

Up $9,381 (+4.6%) from 2013

Expenses

Up

$329,904

Up $264 (+0.1%) from 2013

Net Income

Up

-$116,121

Up $9,117 (+7.3%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $2,883,569Liabilities 2010: $3,231,618Net Assets 2010: -$348,0492010Assets 2011: $2,768,329Liabilities 2011: $3,239,618Net Assets 2011: -$471,2892011Assets 2012: $2,633,310Liabilities 2012: $3,236,049Net Assets 2012: -$602,7392012Assets 2013: $2,509,583Liabilities 2013: $3,237,560Net Assets 2013: -$727,9772013Assets 2014: $2,404,755Liabilities 2014: $3,248,851Net Assets 2014: -$844,0962014Assets 2015: $2,289,630Liabilities 2015: $3,231,379Net Assets 2015: -$941,7492015Assets 2016: $2,188,299Liabilities 2016: $3,244,885Net Assets 2016: -$1,056,5862016Assets 2017: $2,079,137Liabilities 2017: $3,236,364Net Assets 2017: -$1,157,2272017Assets 2018: $1,990,052Liabilities 2018: $3,241,395Net Assets 2018: -$1,251,3432018Assets 2019: $1,887,288Liabilities 2019: $3,244,603Net Assets 2019: -$1,357,3152019Assets 2020: $1,803,328Liabilities 2020: $3,231,257Net Assets 2020: -$1,427,9292020Assets 2021: $1,703,958Liabilities 2021: $3,234,512Net Assets 2021: -$1,530,5542021Assets 2022: $1,627,407Liabilities 2022: $3,245,085Net Assets 2022: -$1,617,6782022Assets 2023: $1,501,683Liabilities 2023: $3,244,911Net Assets 2023: -$1,743,2282023Assets 2024: $1,436,427Liabilities 2024: $3,281,293Net Assets 2024: -$1,844,8662024

Highlighted filing

2014

Assets$2,404,755
Liabilities$3,248,851
Net Assets-$844,096

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $260,0682010Expenses 2011: $288,7962011Expenses 2012: $323,3282012Revenue 2013: $204,402Expenses 2013: $329,640Net Income 2013: -$125,2382013Revenue 2014: $213,783Expenses 2014: $329,904Net Income 2014: -$116,1212014Revenue 2015: $215,236Expenses 2015: $312,889Net Income 2015: -$97,6532015Revenue 2016: $218,442Expenses 2016: $333,279Net Income 2016: -$114,8372016Revenue 2017: $237,280Expenses 2017: $337,921Net Income 2017: -$100,6412017Revenue 2018: $252,220Expenses 2018: $346,336Net Income 2018: -$94,1162018Revenue 2019: $266,647Expenses 2019: $372,619Net Income 2019: -$105,9722019Revenue 2020: $283,606Expenses 2020: $354,220Net Income 2020: -$70,6142020Revenue 2021: $288,521Expenses 2021: $391,146Net Income 2021: -$102,6252021Revenue 2022: $297,334Expenses 2022: $384,458Net Income 2022: -$87,1242022Revenue 2023: $311,758Expenses 2023: $437,308Net Income 2023: -$125,5502023Revenue 2024: $320,918Expenses 2024: $422,556Net Income 2024: -$101,6382024

Highlighted filing

2014

Revenue$213,783
Expenses$329,904
Net Income-$116,121
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 29, 2015
Return Version
2014v5.0
Gross Receipts
$213,783
Mission and Program Overview

Mission

PROVIDE LOW RENT HOUSING

Provide low rent housing opportunities for lower income edlerly citizens

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,405,127$2,294,232▼ $110,895
Accounts Receivable$808$18,005▲ $17,197
Prepaid Expenses and Deferred Charges$6,685$2,448▼ $4,237
Cash and Non-Interest-Bearing Accounts$950$718▼ $232
Total Assets$2,509,583$2,404,755▼ $104,828
Other Assets Total$96,013$89,352▼ $6,661
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,212,800$3,212,800→ $0
Accounts Payable and Accrued Expenses$12,058$23,870▲ $11,812
Other Liabilities$12,307$12,142▼ $165
Deferred Revenue$393$39▼ $354
Total Liabilities$3,237,558$3,248,851▲ $11,293
Net Assets / Fund Balance
Unrestricted Net Assets$-727,975$-844,096▼ $116,121
Total Net Assets Fund Balance$-727,975$-844,096▼ $116,121
Total Liabilities and Net Assets / Fund Balance$2,509,583$2,404,755▼ $104,828

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,971,811$722,589-
Other Land Buildings$5,111$25,549-
Land$224,730--
Equipment$9,768$48,997-
Leasehold Improvements$82,812$49,688-
Other Assets Org$89,352--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathy H KennedyAsst Sec/Director
Gene T JerniganDirector
John H Wellons JrDirector
Llewellyn T JerniganDirector
Shirley P GodwinPres/Director
Tammy L HowardSec/Treas/Director
Sylvia W CraftVP/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$213,674
Investment Income
$109
Other Revenue
$0
Change in Net Assets
$-116,121

Audited Revenue Reconciliation

Revenue per Audited Statements
$213,783
Total Revenue per Audited Statements
$213,783
Total Revenue per Form 990
$213,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,280
Salaries, Compensation, and Employee Benefits$53,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$112,925$0$0$112,925
Other Salaries and Wages$0$49,115$0$49,115
Occupancy$35,924$0$0$35,924
Fees for Services Management$0$26,491$0$26,491
Insurance$11,012$0$0$11,012
Fees for Services Accounting$0$8,761$0$8,761
Payroll Taxes$0$4,009$0$4,009
Office Expenses$0$3,886$0$3,886
Information Technology$0$3,219$0$3,219
Advertising$1,689$0$0$1,689
Conferences and Meetings$0$1,384$0$1,384
Other Expenses$652$0$0$652
Other Employee Benefits$0$500$0$500
Travel$0$440$0$440
Total Functional Expenses$232,099$97,805$0$329,904

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$329,904
Total Expenses per Audited Statements$329,904
Total Expenses per Form 990$329,904
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$12,142
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Barrows Mill Housing Inc
EIN
41-2161570
Phone
9108920436
Address
PO BOX 1254, DUNN, NC 28335

Signing Officer

Name
Shirley P Godwin
Title
President
Phone
9108920436
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirley P Godwin
Formed
2007
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Collins Kemp & Patterson Pllc
Address
PO BOX 1105, LUMBERTON, NC 28359
Preparer
Matthew a Patterson CPA
Phone
9107381448
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Organization makes 990 available to Board members who wish to inspect prior to filing.

Pt VI, Line 15A

Organization reimburses management company for payroll related expenses.

Pt VI, Line 19

Organization has a copy of 990 available for inspection.

Pt VI, Line 2

Several Board members share a family relationship.

Pt VI, Line 12C

The conflict of interest policy is reviewed annually during board meetings.

Pt VI, Line 15B

Organization reimburses management company for payroll related expenses.

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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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0939810
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0193
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0367
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0458
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01254
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00230
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99770
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0939810
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0213674
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0204275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0191685
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0165189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0164987
IRS990ScheduleA/Total509Grp/TotalAmt0939810
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0941064
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01971811
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0722589
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02694400
IRS990ScheduleD/EquipmentGrp/BookValueAmt09768
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048997
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt058765
IRS990ScheduleD/ExpensesSubtotalAmt0329904
IRS990ScheduleD/LandGrp/BookValueAmt0224730
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0224730
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt082812
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049688
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0132500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt089352
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CASH DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05111
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025549
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt030660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0213783
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02294232
IRS990ScheduleD/TotalBookValueOtherAssetsAmt089352
IRS990ScheduleD/TotalExpensesPerForm990Amt0329904
IRS990ScheduleD/TotalLiabilityAmt012142
IRS990ScheduleD/TotalRevenuePerForm990Amt0213783
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0213783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0329904
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization makes 990 available to Board members who wish to inspect prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization has a copy of 990 available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Several Board members share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The conflict of interest policy is reviewed annually during board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02509583
IRS990/TotalAssetsEOYAmt02404755
IRS990/TotalAssetsGrp/BOYAmt02509583
IRS990/TotalAssetsGrp/EOYAmt02404755
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097805
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0232099
IRS990/TotalFunctionalExpensesGrp/TotalAmt0329904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03237558
IRS990/TotalLiabilitiesEOYAmt03248851
IRS990/TotalLiabilitiesGrp/BOYAmt03237558
IRS990/TotalLiabilitiesGrp/EOYAmt03248851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-727975
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-844096
IRS990/TotalProgramServiceExpensesAmt0232099
IRS990/TotalProgramServiceRevenueAmt0213674
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0213783
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0213783
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02509583
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02404755
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0440
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0440
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-727975
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-844096
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 1254
IRS990/USAddress/CityNm0Dunn
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028335
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHIRLEY P GODWIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09108920436
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARROWS MILL HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0BARR
ReturnHeader/Filer/EIN0412161570
ReturnHeader/Filer/PhoneNum09108920436
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1254
ReturnHeader/Filer/USAddress/CityNm0DUNN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028335
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLLINS KEMP & PATTERSON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUMBERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028359
ReturnHeader/PreparerPersonGrp/PhoneNum09107381448
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW A PATTERSON CPA
ReturnHeader/ReturnTs02015-05-12T13:23:46-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$3.28$1.84$0.32$0.42$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$3.24$1.74$0.31$0.44$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$3.25$1.62$0.30$0.38$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$3.23$1.53$0.29$0.39$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$3.23$1.43$0.28$0.35$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$3.24$1.36$0.27$0.37$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$3.24$1.25$0.25$0.35$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$3.24$1.16$0.24$0.34$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$3.24$1.06$0.22$0.33$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.29$3.23$0.94$0.22$0.31$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.40$3.25$0.84$0.21$0.33$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.51$3.24$0.73$0.20$0.33$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$3.24$0.60$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$3.24$0.47$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$3.23$0.35$0.26