Civic Intelligence

Greater Galilee Community Development Corporation

990 • Fiscal year 2019 • EIN 45-2793341

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

2432 N Teutonia AvenueMilwaukee, WI 53206

(414) 562-1110

Siviq Scores

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

Liabilities / Assets

90th percentile

0.87x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

11.76x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-67%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

22nd percentile

-4.2%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

78%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,668,054

Down $160,484 (-4.2%) from 2018

Net Assets

Down

$492,885

Down $180,325 (-27%) from 2018

Liabilities

Up

$3,175,169

Up $19,841 (+0.6%) from 2018

Revenue

Up

$269,949

Up $118,060 (+78%) from 2018

Expenses

Up

$450,274

Up $323,120 (+254%) from 2018

Net Income

Down

-$180,325

Down $205,060 (-829%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $3,828,538Liabilities 2018: $3,155,328Net Assets 2018: $673,2102018Assets 2019: $3,668,054Liabilities 2019: $3,175,169Net Assets 2019: $492,8852019Assets 2020: $3,521,819Liabilities 2020: $3,177,876Net Assets 2020: $343,9432020Assets 2021: $3,354,586Liabilities 2021: $2,977,726Net Assets 2021: $376,8602021Assets 2022: $3,326,103Liabilities 2022: $2,983,942Net Assets 2022: $342,1612022Assets 2023: $3,281,738Liabilities 2023: $2,902,636Net Assets 2023: $379,1022023

Highlighted filing

2019

Assets$3,668,054
Liabilities$3,175,169
Net Assets$492,885

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $151,889Expenses 2018: $127,154Net Income 2018: $24,7352018Revenue 2019: $269,949Expenses 2019: $450,274Net Income 2019: -$180,3252019Revenue 2020: $251,554Expenses 2020: $405,604Net Income 2020: -$154,0502020Revenue 2021: $362,000Expenses 2021: $431,903Net Income 2021: -$69,9032021Revenue 2022: $399,100Expenses 2022: $433,800Net Income 2022: -$34,7002022Revenue 2023: $414,052Expenses 2023: $374,962Net Income 2023: $39,0902023

Highlighted filing

2019

Revenue$269,949
Expenses$450,274
Net Income-$180,325
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$269,949
Mission and Program Overview

Mission

To promote individual empowerment in a community setting for intergenerational care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,298,309$3,349,208▲ $50,899
Cash and Non-Interest-Bearing Accounts$312,883$265,418▼ $47,465
Savings and Temporary Cash Investments$205,186--
Accounts Receivable$12,160$53,428▲ $41,268
Total Assets$3,828,538$3,668,054▼ $160,484
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,920,608$2,920,568▼ $40
Unsecured Notes Loans Payable$234,520$199,605▼ $34,915
Accounts Payable and Accrued Expenses$200$54,996▲ $54,796
Total Liabilities$3,155,328$3,175,169▲ $19,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$673,210$492,885▼ $180,325
Total Net Assets Fund Balance$673,210$492,885▼ $180,325
Total Liabilities and Net Assets / Fund Balance$3,828,538$3,668,054▼ $160,484

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,321,848$160,387$3,482,235
Equipment$27,360$3,505$30,865
Compensation and Service Providers

Board Members and Trustees

NameTitle
Johnny C White JrPresident
Michael PayneVice President
Debra JupkaDirector
Jason MccordDirector
Larry WatersDirector
Sandra ThurmanDirector
Yvette McgheeSecretary
Herbert HighshawTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$238,437
Program Service Revenue
$31,012
Investment Income
$0
Other Revenue
$500
All Other Contributions
$121,977
Change in Net Assets
$-180,325

Audited Revenue Reconciliation

Revenue per Audited Statements
$269,949
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$269,949
Total Revenue per Form 990
$269,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$443,674
Salaries, Compensation, and Employee Benefits$6,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$15,384$128,805-$144,189
Depreciation Depletion-$128,044-$128,044
Occupancy$62,384--$62,384
Fees for Services Other$23,890$12,054-$35,944
Fees for Services Accounting-$18,053-$18,053
Insurance-$15,863-$15,863
Other Salaries and Wages$6,600--$6,600
Office Expenses$2,577$1,440-$4,017
Other Expenses$2,000$2,177-$2,000
Conferences and Meetings$212--$212
Fees for Services Legal-$106-$106
Total Functional Expenses$143,732$306,542$0$450,274

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$450,274
Total Expenses per Audited Statements$450,274
Total Expenses per Form 990$450,274
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
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, Section B, Line 11B

The organization's president reviews the 990 prior to filing and the return is provided to board members thereafter.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Greater Galilee Community Development Co
EIN
45-2793341
Phone
4145621110
Address
2432 N TEUTONIA AVENUE, MILWAUKEE, WI 53206

Signing Officer

Name
Johnny C White Jr
Title
President
Phone
4145621110
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johnny C White Jr
Formed
2016
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE, MILWAUKEE, WI 53202
Preparer
Diana G Luttmann
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Ggcdc is exempt from income tax under section 501(c)(3) of internal revenue code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of december 31, 2019, the organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.

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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GGCDC IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF DECEMBER 31, 2019, THE ORGANIZATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PRESIDENT REVIEWS THE 990 PRIOR TO FILING AND THE RETURN IS PROVIDED TO BOARD MEMBERS THEREAFTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0143732
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt03175169
IRS990/TotalLiabilitiesGrp/BOYAmt03155328
IRS990/TotalLiabilitiesGrp/EOYAmt03175169
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt031012
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031512
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03828538
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03668054
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0199605
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02432 N TEUTONIA AVENUE
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IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053206
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0GREATERGALILEEBAPTISTCHURCH.ORG/COMMUNITY-DEV
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHNNY C WHITE JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04145621110
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER GALILEE COMMUNITY DEVELOPMENT CO
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
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ReturnHeader/Filer/PhoneNum04145621110
ReturnHeader/Filer/USAddress/AddressLine1Txt02432 N TEUTONIA AVENUE
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.71.64.105
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:34:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390919055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RITZ HOLMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 E KILBOURN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILWAUKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053202
ReturnHeader/PreparerPersonGrp/PhoneNum04142711451
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANA G LUTTMANN
ReturnHeader/ReturnTs02020-11-13T12:35:28-06:00
ReturnHeader/ReturnTypeCd0990

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