Civic Intelligence

Home-In-Stead Inc.

990 • Fiscal year 2014 • EIN 42-1432888

Apr 01, 2013 to Mar 31, 2014 • Filed on Apr 21, 2015

1103 NW Church50144

(641) 446-6720

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

100th percentile

220%

Higher net margin than 100% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

31st percentile

-3.0%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$922,931

Down $28,228 (-3.0%) from 2013

Net Assets

Down

$922,059

Down $27,759 (-2.9%) from 2013

Liabilities

Down

$872

Down $469 (-35%) from 2013

Revenue

-$12,627

No earlier filing loaded for comparison.

Expenses

Down

$15,132

Down $504 (-3.2%) from 2013

Net Income

-$27,759

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $973,111Liabilities 2011: $1,691Net Assets 2011: $971,4202011Assets 2012: $947,952Liabilities 2012: $2,104Net Assets 2012: $945,8482012Assets 2013: $951,159Liabilities 2013: $1,341Net Assets 2013: $949,8182013Assets 2014: $922,931Liabilities 2014: $872Net Assets 2014: $922,0592014Assets 2015: $914,589Liabilities 2015: $832Net Assets 2015: $913,7572015Assets 2016: $836,504Liabilities 2016: $972Net Assets 2016: $835,5322016Assets 2017: $775,144Liabilities 2017: $32,688Net Assets 2017: $742,4562017Assets 2018: $698,930Liabilities 2018: $833,997Net Assets 2018: -$135,0672018Assets 2019: $604,342Liabilities 2019: $829,943Net Assets 2019: -$225,6012019Assets 2020: $633,678Liabilities 2020: $832,338Net Assets 2020: -$198,6602020Assets 2021: $651,628Liabilities 2021: $824,716Net Assets 2021: -$173,0882021Assets 2022: $634,720Liabilities 2022: $822,736Net Assets 2022: -$188,0162022Assets 2023: $683,946Liabilities 2023: $821,882Net Assets 2023: -$137,9362023Assets 2024: $667,623Liabilities 2024: $819,985Net Assets 2024: -$152,3622024Assets 2025: $537,158Liabilities 2025: $826,893Net Assets 2025: -$289,7352025

Highlighted filing

2014

Assets$922,931
Liabilities$872
Net Assets$922,059

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $15,3002011Expenses 2012: $15,3562012Expenses 2013: $15,6362013Revenue 2014: -$12,627Expenses 2014: $15,132Net Income 2014: -$27,7592014Revenue 2015: $6,774Expenses 2015: $15,076Net Income 2015: -$8,3022015Revenue 2016: -$62,293Expenses 2016: $15,932Net Income 2016: -$78,2252016Revenue 2017: -$47,416Expenses 2017: $13,972Net Income 2017: -$61,3882017Revenue 2018: $101,782Expenses 2018: $178,902Net Income 2018: -$77,1202018Revenue 2019: $138,945Expenses 2019: $229,479Net Income 2019: -$90,5342019Revenue 2020: $134,373Expenses 2020: $107,432Net Income 2020: $26,9412020Revenue 2021: $146,028Expenses 2021: $120,456Net Income 2021: $25,5722021Revenue 2022: $133,196Expenses 2022: $148,124Net Income 2022: -$14,9282022Revenue 2023: $133,797Expenses 2023: $93,267Net Income 2023: $40,5302023Revenue 2024: $134,060Expenses 2024: $148,486Net Income 2024: -$14,4262024Revenue 2025: $132,777Expenses 2025: $270,150Net Income 2025: -$137,3732025

Highlighted filing

2014

Revenue-$12,627
Expenses$15,132
Net Income-$27,759
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$42,770
Mission and Program Overview

Mission

To provide affordable housing to low income elderly individuals through a rental assistance program administered by the u.s. Department of housing and urban development.

Provide affordable housing to low income elderly individuals through a rental assistance program administered by the us department of housing and urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$613,308$601,516▼ $11,792
Land, Buildings, and Equipment, Net$332,570$316,883▼ $15,687
Cash and Non-Interest-Bearing Accounts$3,241$2,487▼ $754
Prepaid Expenses and Deferred Charges$1,392$1,644▲ $252
Accounts Receivable$648$0▼ $648
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$951,159$922,931▼ $28,228
Other Assets Total-$401-
Liabilities
Other Liabilities$1,213$696▼ $517
Accounts Payable and Accrued Expenses$128$128→ $0
Deferred Revenue-$48-
Total Liabilities$1,341$872▼ $469
Net Assets / Fund Balance
Temporarily Rstr Net Assets$804,300$804,300→ $0
Unrestricted Net Assets$145,518$117,759▼ $27,759
Total Net Assets Fund Balance$949,818$922,059▼ $27,759
Total Liabilities and Net Assets / Fund Balance$951,159$922,931▼ $28,228

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$312,388$273,913$586,301
Equipment$4,495$2,003$6,498
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chester RedmanPresident
Janet RichmanVice President
Dick MonroeDirector
Jane FlemingDirector
Loretta KellyDirector
Stanley SamuelsonDirector
Marvel PaytonSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$36,132
Program Service Revenue
$0
Investment Income
$2,298
Other Revenue
$-51,057
Change in Net Assets
$-27,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$-12,627
Revenue Not Reported on Form 990
$55,397
Total Revenue per Audited Statements
$42,770
Total Revenue per Form 990
$-12,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,132
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
Fees for Services Management$9,000--$9,000
Fees for Services Accounting$5,253--$5,253
Office Expenses$800--$800
Advertising$79--$79
Total Functional Expenses$15,132$0$0$15,132

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$70,529
Expenses Not Reported on Form 990$55,397
Expenses per Audited Statements$15,132
Total Expenses per Form 990$15,132
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$696
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No formal review process is established.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of the executive director is subject to approval by us department of housing and urban development.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization provides its governing documents and financial statements to all individuals upon request.

Filing and Contact Details

Filer

EIN
42-1432888
Phone
6414466720

Signing Officer

Name
Dennis South
Title
Executive Director
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis South
Formed
1994
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
Tom Loucks CPA
Phone
5747734611
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The corporations's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the corporation has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the corporation are subject to examination by the irs, generally for three years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Revenue amounts included in financials $55397

Part XII, Line 2D: Other expenses and losses per audited F/S

Expense amounts included in financials $55397

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0601516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042444
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt045812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0228219
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06842
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014641
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016897
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt045156
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04340
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83480
IRS990ScheduleA/PublicSupportPY170Pct00.78550
IRS990ScheduleA/PublicSupportTotal170Amt0228219
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036132
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042444
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt045812
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0228219
IRS990ScheduleA/TotalSupportAmt0273375
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0312388
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0273913
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0586301
IRS990ScheduleD/EquipmentGrp/BookValueAmt04495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02003
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06498
IRS990ScheduleD/ExpensesNotReportedAmt055397
IRS990ScheduleD/ExpensesSubtotalAmt015132
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt055397
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt055397
IRS990ScheduleD/RevenueNotReportedAmt055397
IRS990ScheduleD/RevenueSubtotalAmt0-12627
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATIONS'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE CORPORATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE AMOUNTS INCLUDED IN FINANCIALS $55397
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EXPENSE AMOUNTS INCLUDED IN FINANCIALS $55397
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0316883
IRS990ScheduleD/TotalExpensesPerForm990Amt015132
IRS990ScheduleD/TotalLiabilityAmt0696
IRS990ScheduleD/TotalRevenuePerForm990Amt0-12627
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt042770
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt070529
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO FORMAL REVIEW PROCESS IS ESTABLISHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION OF THE EXECUTIVE DIRECTOR IS SUBJECT TO APPROVAL BY US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO ALL INDIVIDUALS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0804300
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0804300
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0951159
IRS990/TotalAssetsEOYAmt0922931
IRS990/TotalAssetsGrp/BOYAmt0951159
IRS990/TotalAssetsGrp/EOYAmt0922931
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt036132
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015132
IRS990/TotalFunctionalExpensesGrp/TotalAmt015132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01341
IRS990/TotalLiabilitiesEOYAmt0872
IRS990/TotalLiabilitiesGrp/BOYAmt01341
IRS990/TotalLiabilitiesGrp/EOYAmt0872
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0949818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0922059
IRS990/TotalProgramServiceExpensesAmt015132
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-51057
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02298
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-12627
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0951159
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0922931
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0145518
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0117759
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS SOUTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine10HOME-IN-STEAD INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0421432888
ReturnHeader/Filer/PhoneNum06414466720
ReturnHeader/Filer/USAddress/AddressLine101103 NW CHURCH
ReturnHeader/Filer/USAddress/City0LEON
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode050144
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Loucks & Weaver CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10157 South Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Nappanee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.37$8.27$2.90$1.33$2.70$1.37
2024Detailed filing. Detailed filing data is available for this year.$6.68$8.20$1.52$1.34$1.48$0.14
2023Detailed filing. Detailed filing data is available for this year.$6.84$8.22$1.38$1.34$0.93$0.41
2022Detailed filing. Detailed filing data is available for this year.$6.35$8.23$1.88$1.33$1.48$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.52$8.25$1.73$1.46$1.20$0.26
2020Detailed filing. Detailed filing data is available for this year.$6.34$8.32$1.99$1.34$1.07$0.27
2019Detailed filing. Detailed filing data is available for this year.$6.04$8.30$2.26$1.39$2.29$0.91
2018Detailed filing. Detailed filing data is available for this year.$6.99$8.34$1.35$1.02$1.79$0.77
2017Detailed filing. Detailed filing data is available for this year.$7.75$0.33$7.42$0.47$0.14$0.61
2016Detailed filing. Detailed filing data is available for this year.$8.37$0.01$8.36$0.62$0.16$0.78
2015Detailed filing. Detailed filing data is available for this year.$9.15$0.01$9.14$0.07$0.15$0.08
2014Detailed filing. Detailed filing data is available for this year.$9.23$0.01$9.22$0.13$0.15$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.51$0.01$9.50$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$0.02$9.46$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.73$0.02$9.71$0.15