Civic Intelligence

Francis Xavier Plaza Inc

990 • Fiscal year 2017 • EIN 45-3563217

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 03, 2018

134 Farmington AvenueHartford, CT 06105

(860) 541-6491

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.07x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

26.16x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

5th percentile

-56%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

27th percentile

-1.8%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

23%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,000,922

Down $126,827 (-1.8%) from 2016

Net Assets

Down

-$516,503

Down $159,975 (-45%) from 2016

Liabilities

Up

$7,517,425

Up $33,148 (+0.4%) from 2016

Revenue

Up

$287,381

Up $52,872 (+23%) from 2016

Expenses

Up

$447,356

Up $51,677 (+13%) from 2016

Net Income

Up

-$159,975

Up $1,195 (+0.7%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2012: $303,733Liabilities 2012: $313,650Net Assets 2012: -$9,9172012Assets 2013: $1,577,851Liabilities 2013: $1,578,830Net Assets 2013: -$9792013Assets 2014: $6,243,834Liabilities 2014: $6,244,912Net Assets 2014: -$1,0782014Assets 2015: $7,006,966Liabilities 2015: $7,202,324Net Assets 2015: -$195,3582015Assets 2016: $7,127,749Liabilities 2016: $7,484,277Net Assets 2016: -$356,5282016Assets 2017: $7,000,922Liabilities 2017: $7,517,425Net Assets 2017: -$516,5032017Assets 2018: $6,804,708Liabilities 2018: $7,553,913Net Assets 2018: -$749,2052018Assets 2019: $6,616,284Liabilities 2019: $7,546,888Net Assets 2019: -$930,6042019Assets 2020: $6,507,514Liabilities 2020: $7,644,453Net Assets 2020: -$1,136,9392020Assets 2021: $6,257,432Liabilities 2021: $7,609,353Net Assets 2021: -$1,351,9212021Assets 2022: $5,993,875Liabilities 2022: $7,545,257Net Assets 2022: -$1,551,3822022Assets 2023: $5,809,112Liabilities 2023: $7,520,338Net Assets 2023: -$1,711,2262023Assets 2024: $5,911,389Liabilities 2024: $7,811,154Net Assets 2024: -$1,899,7652024

Highlighted filing

2017

Assets$7,000,922
Liabilities$7,517,425
Net Assets-$516,503

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2012: $48Expenses 2012: $9,965Net Income 2012: -$9,9172012Revenue 2013: $77Expenses 2013: -$8,861Net Income 2013: $8,9382013Revenue 2014: $152Expenses 2014: $251Net Income 2014: -$992014Revenue 2015: $195,060Expenses 2015: $389,340Net Income 2015: -$194,2802015Revenue 2016: $234,509Expenses 2016: $395,679Net Income 2016: -$161,1702016Revenue 2017: $287,381Expenses 2017: $447,356Net Income 2017: -$159,9752017Revenue 2018: $255,388Expenses 2018: $488,090Net Income 2018: -$232,7022018Revenue 2019: $291,940Expenses 2019: $473,339Net Income 2019: -$181,3992019Revenue 2020: $252,686Expenses 2020: $459,021Net Income 2020: -$206,3352020Revenue 2021: $247,816Expenses 2021: $462,798Net Income 2021: -$214,9822021Revenue 2022: $286,294Expenses 2022: $485,755Net Income 2022: -$199,4612022Revenue 2023: $360,212Expenses 2023: $520,056Net Income 2023: -$159,8442023Revenue 2024: $306,677Expenses 2024: $495,216Net Income 2024: -$188,5392024

Highlighted filing

2017

Revenue$287,381
Expenses$447,356
Net Income-$159,975
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 3, 2018
Return Version
2017v2.2
Gross Receipts
$287,381
Mission and Program Overview

Mission

To lease and improve a 20 unit apartment complex to provide supportive and affordable housing in waterbury, ct, along with supportive social services.

Renovating a school building into 20 family living units for homeless families of low income and to offer subsidized housing and social services to assist disadvantaged families residing there to overcome substance and/or physical abuse to help enable them to have a chance of gaining better socio-economic outcomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,925,755$6,743,473▼ $182,282
Investments Other Securities$185,822$194,899▲ $9,077
Pledges and Grants Receivable-$45,000-
Accounts Receivable$2,034$9,708▲ $7,674
Prepaid Expenses and Deferred Charges$4,911$4,259▼ $652
Cash and Non-Interest-Bearing Accounts$6,891$1,142▼ $5,749
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-356,528$-516,503▼ $159,975
Total Assets$7,127,749$7,000,922▼ $126,827
Other Assets Total$2,336$2,441▲ $105
Liabilities
Unsecured Notes Loans Payable$7,458,928$7,461,487▲ $2,559
Accounts Payable and Accrued Expenses$22,733$52,596▲ $29,863
Other Liabilities$2,184$2,378▲ $194
Deferred Revenue$432$964▲ $532
Total Liabilities$7,484,277$7,517,425▲ $33,148
Net Assets / Fund Balance
Total Net Assets Fund Balance$-356,528$-516,503▼ $159,975
Total Liabilities and Net Assets / Fund Balance$7,127,749$7,000,922▼ $126,827

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,743,473$510,240-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven BoguslawksiPresident
James G ColemanVice President
David MartinDirector
Mark CaseyDirector
Paul J PaceDirector
Robin CraccoDirector
Marek KukulkaSecretary
Matthew a ByrneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,000
Program Service Revenue
$239,574
Investment Income
$1,392
Other Revenue
$1,415
Change in Net Assets
$-159,975

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,381
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$287,381
Total Revenue per Form 990
$287,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$408,959
Salaries, Compensation, and Employee Benefits$38,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$182,282--$182,282
Occupancy$151,382--$151,382
Insurance$35,365--$35,365
Other Salaries and Wages$34,499--$34,499
Fees for Services Accounting$12,500--$12,500
Fees for Services Management$11,620--$11,620
Office Expenses$10,255--$10,255
Payroll Taxes$3,898--$3,898
Fees for Services Legal$2,995--$2,995
Interest$2,560--$2,560
Total Functional Expenses$447,356$0$0$447,356

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$447,356
Total Expenses per Audited Statements$447,356
Total Expenses per Form 990$447,356
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$2,378
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management duties are delegated to demarco management corporation.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by one of the board members prior to being finalized.

Form 990, Part VI, Section C, Line 19

The organization's 990 is available at www.guidestar.org. Additional information is available upon request to the organization.

Filing and Contact Details

Filer

Filer Name
Francis Xavier Plaza Inc
EIN
45-3563217
Phone
8605416491
Address
134 FARMINGTON AVENUE, HARTFORD, CT 06105

Signing Officer

Name
Matthew a Byrne
Title
CPA
Phone
8605416491
Signed
2018-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew a Byrne
Formed
2011
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Edward Sullivan
Phone
8605223111
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of directors oversees the audit and selection of an independent accountant.

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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/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99620
IRS990ScheduleA/PublicSupportTotal170Amt0666564
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0239493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0233076
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0193995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0666564
IRS990ScheduleA/TotalSupportAmt0669133
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06743473
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0510240
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt07253713
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0447356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0287381
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06743473
IRS990ScheduleD/TotalExpensesPerForm990Amt0447356
IRS990ScheduleD/TotalLiabilityAmt02378
IRS990ScheduleD/TotalRevenuePerForm990Amt0287381
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0287381
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0447356
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE DELEGATED TO DEMARCO MANAGEMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY ONE OF THE BOARD MEMBERS PRIOR TO BEING FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS OVERSEES THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE HARTFORD ROMAN CATHOLIC DIOCESAN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CATHOLIC CHARITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ST FRANCIS XAVIER CHURCH CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0060646669
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1060667607
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FAMILY SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2RELIGIOUS ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(I)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1170(B)(1)(A)(I)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2170(B)(1)(A)(I)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0134 FARMINGTON AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1839-841 ASYLUM AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2625 BALDWIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HARTFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1HARTFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2WATERBURY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006105
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd106105
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd206706
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07127749
IRS990/TotalAssetsEOYAmt07000922
IRS990/TotalAssetsGrp/BOYAmt07127749
IRS990/TotalAssetsGrp/EOYAmt07000922
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt045000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0447356
IRS990/TotalFunctionalExpensesGrp/TotalAmt0447356
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07484277
IRS990/TotalLiabilitiesEOYAmt07517425
IRS990/TotalLiabilitiesGrp/BOYAmt07484277
IRS990/TotalLiabilitiesGrp/EOYAmt07517425
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-356528
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-516503
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0447356
IRS990/TotalProgramServiceRevenueAmt0239574
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01392
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0240989
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0287381
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07127749
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07000922
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt07458928
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt07461487
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0134 FARMINGTON AVE
IRS990/USAddress/CityNm0HARTFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006105
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A

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