Civic Intelligence

Sherwood Homes Inc

EIN 45-0348837 • 501(c)4 • Sherwood, ND

Profile

Low income family housing

PO Box 128Sherwood, ND 58782-0128
Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.69x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-46%

Higher net margin than 13% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

33rd percentile

-10%

Faster asset growth than 33% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-33%

Faster revenue growth than 19% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$268,453

Down $29,860 (-10%) from 2021

Liabilities

Down

$36,750

Down $5,394 (-13%) from 2021

Net Assets

Down

$231,703

Down $24,466 (-9.6%) from 2021

Operations
Liabilities / Revenue93rd percentileNet Margin13th percentile

Revenue

Down

$53,129

Down $26,297 (-33%) from 2021

Expenses

Up

$77,595

Up $25,849 (+50%) from 2021

Net Income

Down

-$24,466

Down $52,146 (-188%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

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

$400K$300K$200K$100K$0Assets 2010: $316,224Liabilities 2010: $88,185Net Assets 2010: $228,0392010Assets 2011: $307,500Liabilities 2011: $85,218Net Assets 2011: $222,2822011Assets 2012: $317,528Liabilities 2012: $82,0842012Assets 2013: $315,937Liabilities 2013: $78,634Net Assets 2013: $237,3032013Assets 2014: $302,526Liabilities 2014: $76,383Net Assets 2014: $226,1432014Assets 2015: $298,169Liabilities 2015: $73,144Net Assets 2015: $225,0252015Assets 2016: $293,645Liabilities 2016: $69,195Net Assets 2016: $224,4502016Assets 2017: $292,348Liabilities 2017: $64,201Net Assets 2017: $228,1472017Assets 2018: $286,418Liabilities 2018: $59,539Net Assets 2018: $226,8792018Assets 2019: $274,772Liabilities 2019: $54,611Net Assets 2019: $220,1612019Assets 2020: $276,623Liabilities 2020: $48,134Net Assets 2020: $228,4892020Assets 2021: $298,313Liabilities 2021: $42,144Net Assets 2021: $256,1692021Assets 2022: $268,453Liabilities 2022: $36,750Net Assets 2022: $231,7032022

Highlighted filing

2022

Assets$268,453
Liabilities$36,750
Net Assets$231,703
Open 2022 Filing

Operations Trend

Revenue Growth19th percentile

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

$100K$50K$0-$50KRevenue 2010: $46,232Expenses 2010: $44,226Net Income 2010: $2,0062010Revenue 2011: $43,055Expenses 2011: $48,812Net Income 2011: -$5,7572011Revenue 2012: $43,643Expenses 2012: $44,329Net Income 2012: -$6862012Revenue 2013: $50,538Expenses 2013: $48,679Net Income 2013: $1,8592013Revenue 2014: $47,177Expenses 2014: $58,337Net Income 2014: -$11,1602014Revenue 2015: $51,446Expenses 2015: $52,564Net Income 2015: -$1,1182015Revenue 2016: $57,217Expenses 2016: $57,792Net Income 2016: -$5752016Revenue 2017: $52,768Expenses 2017: $49,071Net Income 2017: $3,6972017Revenue 2018: $51,297Expenses 2018: $52,565Net Income 2018: -$1,2682018Revenue 2019: $47,571Expenses 2019: $54,289Net Income 2019: -$6,7182019Revenue 2020: $53,974Expenses 2020: $45,646Net Income 2020: $8,3282020Revenue 2021: $79,426Expenses 2021: $51,746Net Income 2021: $27,6802021Revenue 2022: $53,129Expenses 2022: $77,595Net Income 2022: -$24,4662022

Highlighted filing

2022

Revenue$53,129
Expenses$77,595
Net Income-$24,466
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$268,453
Liabilities
$36,750
Net assets
$231,703
Revenue
$53,129
Expenses
$77,595
Net income
-$24,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.68$0.37$2.32$0.53$0.78$0.24
2021Detailed filing. Detailed filing data is available for this year.$2.98$0.42$2.56$0.79$0.52$0.28
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.48$2.28$0.54$0.46$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.55$2.20$0.48$0.54$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.86$0.60$2.27$0.51$0.53$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.92$0.64$2.28$0.53$0.49$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.94$0.69$2.24$0.57$0.58$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.98$0.73$2.25$0.51$0.53$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.03$0.76$2.26$0.47$0.58$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.16$0.79$2.37$0.51$0.49$0.02
2012Summary only. Only limited summary data is available for this year.$3.18$0.82$0.44$0.44$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.85$2.22$0.43$0.49$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.88$2.28$0.46$0.44$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$53,129
Mission and Program Overview

Mission

Low income family housing

Program Services

DescriptionGrantsExpenses
LOW INCOME FAMILY HOUSING-$77,595
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATY SECRESTPresident-$0--
KRISTA ALEXANDERSecretarytreasurerPT$0--
DAVID HENDERSONDirector-$0--
DEB MOCHADirector-$0--
BETTY AARHUSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sherwood Homes Inc
EIN
45-0348837
Address
PO BOX 128, SHERWOOD, ND 58782-0128

Signing Officer

Name
Cheryl Overby
Title
Secretary
Phone
7012635621
Signed
2023-05-15
Discuss with paid preparer
No

Preparer

Firm
David Hance CPA
Address
710 31ST AVE SW SUITE 1, MINOT, ND 58701
Preparer
David Hance
Phone
7012402410
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountother project sources 7306-6000 1,306”

Description of other expenses Part I line 16

“Description amountdepreciation 15,259insurance 3,407office supplies 157real estate taxes 3,400adjust expenses (3,579)advertising 27other 5,500”

Description of total liabilities Part II line 26

“Category beginning of year end of yearn/p-usda-004 29,661 27,854n/p-usda-005 1,134 0n/p-usda-006 9,968 7,515tenant security deposits held 1,381 1,381”

Raw XML Appendix128 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/PersonNm0KRISTA ALEXANDER
IRS990EZ/BooksInCareOfDetail/PhoneNum07013862213
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 128
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHERWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0587820128
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt094811
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt080210
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-24466
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09214
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0298313
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0268453
IRS990EZ/GrossReceiptsAmt053129
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0121
IRS990EZ/LandAndBuildingsGrp/BOYAmt0203502
IRS990EZ/LandAndBuildingsGrp/EOYAmt0188243
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0256169
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0231703
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0256169
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0231703
IRS990EZ/OccupancyRentUtltsAndMaintAmt031715
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATY SECREST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTA ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEB MOCHA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BETTY AARHUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARYTREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt024171
IRS990EZ/OtherRevenueTotalAmt01306
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LOW INCOME FAMILY HOUSING
IRS990EZ/ProgramServiceRevenueAmt045702
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LOW INCOME FAMILY HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt077595
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012495
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt042144
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt036750
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077595
IRS990EZ/TotalProgramServiceExpensesAmt077595
IRS990EZ/TotalRevenueAmt053129
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTOTHER PROJECT SOURCES 7306-6000 1,306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION 15,259INSURANCE 3,407OFFICE SUPPLIES 157REAL ESTATE TAXES 3,400ADJUST EXPENSES (3,579)ADVERTISING 27OTHER 5,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARN/P-USDA-004 29,661 27,854N/P-USDA-005 1,134 0N/P-USDA-006 9,968 7,515TENANT SECURITY DEPOSITS HELD 1,381 1,381
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL OVERBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07012635621
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHERWOOD HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0SHER
ReturnHeader/Filer/EIN0450348837
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 128
ReturnHeader/Filer/USAddress/CityNm0SHERWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd0587820128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0883499553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID HANCE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0710 31ST AVE SW SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINOT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058701
ReturnHeader/PreparerPersonGrp/PhoneNum07012402410
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Hance
ReturnHeader/ReturnTs02023-10-05T16:03:35-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHERYL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OVERBY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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