Civic Intelligence

Church of God Unchanged Ministries

990 • Fiscal year 2023 • EIN 45-3620353

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 11, 2024

1227 Saluda StreetRock Hill, SC 29730

(704) 919-1754

Siviq Scores

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

Liabilities / Assets

90th percentile

0.81x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

5.75x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

23rd percentile

-9.0%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

27th percentile

-1.6%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$5,493,736

Down $89,161 (-1.6%) from 2022

Net Assets

Down

$1,069,362

Down $7,346 (-0.7%) from 2022

Liabilities

Down

$4,424,374

Down $81,815 (-1.8%) from 2022

Revenue

Down

$768,886

Down $200,415 (-21%) from 2022

Expenses

Up

$838,422

Up $83,880 (+11%) from 2022

Net Income

Down

-$69,536

Down $284,295 (-132%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $5,103Net Assets 2012: $5,1032012Assets 2013: $1,185,777Liabilities 2013: $1,139,493Net Assets 2013: $46,2842013Assets 2014: $1,451,356Liabilities 2014: $1,293,123Net Assets 2014: $158,2332014Assets 2015: $1,615,675Liabilities 2015: $1,347,895Net Assets 2015: $267,7802015Assets 2016: $1,741,347Liabilities 2016: $1,408,096Net Assets 2016: $333,2512016Assets 2017: $1,767,093Liabilities 2017: $1,345,231Net Assets 2017: $421,8622017Assets 2018: $2,003,915Liabilities 2018: $1,523,614Net Assets 2018: $480,3012018Assets 2019: $2,379,457Liabilities 2019: $1,659,061Net Assets 2019: $720,3962019Assets 2020: $4,581,049Liabilities 2020: $3,899,944Net Assets 2020: $681,1052020Assets 2021: $5,503,811Liabilities 2021: $4,660,515Net Assets 2021: $843,2962021Assets 2022: $5,582,897Liabilities 2022: $4,506,189Net Assets 2022: $1,076,7082022Assets 2023: $5,493,736Liabilities 2023: $4,424,374Net Assets 2023: $1,069,3622023

Highlighted filing

2023

Assets$5,493,736
Liabilities$4,424,374
Net Assets$1,069,362

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $17,960Expenses 2012: $26,948Net Income 2012: -$8,9882012Revenue 2013: $49,003Expenses 2013: $7,468Net Income 2013: $41,5352013Revenue 2014: $150,778Expenses 2014: $58,858Net Income 2014: $91,9202014Revenue 2015: $146,941Expenses 2015: $33,124Net Income 2015: $113,8172015Revenue 2016: $127,586Expenses 2016: $62,115Net Income 2016: $65,4712016Revenue 2017: $428,927Expenses 2017: $206,175Net Income 2017: $222,7522017Revenue 2018: $345,382Expenses 2018: $266,310Net Income 2018: $79,0722018Revenue 2019: $354,576Expenses 2019: $222,000Net Income 2019: $132,5762019Revenue 2020: $594,169Expenses 2020: $463,886Net Income 2020: $130,2832020Revenue 2021: $691,314Expenses 2021: $548,709Net Income 2021: $142,6052021Revenue 2022: $969,301Expenses 2022: $754,542Net Income 2022: $214,7592022Revenue 2023: $768,886Expenses 2023: $838,422Net Income 2023: -$69,5362023

Highlighted filing

2023

Revenue$768,886
Expenses$838,422
Net Income-$69,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 11, 2024
Return Version
2023v5.1
Gross Receipts
$768,886
Mission and Program Overview

Mission

The Organizations primary objective is to provide affordable housing to lower-income families and aid in supporting povershed families with clothing, grocery, etc.

The Organization's primary objective is to provide affordable housing to lower-income families and aid in supporting povershed families with clothing, grocery, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,791,323$3,803,250▲ $11,927
Cap Stk Tr Prin Current Funds$1,076,708$1,069,362▼ $7,346
Intangible Assets$43,489$43,489→ $0
Cash and Non-Interest-Bearing Accounts$98,100$312▼ $97,788
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,582,897$5,493,736▼ $89,161
Other Assets Total$1,649,985$1,646,685▼ $3,300
Liabilities
Other Liabilities$4,406,031$4,352,844▼ $53,187
Accounts Payable and Accrued Expenses$100,158$71,530▼ $28,628
Total Liabilities$4,506,189$4,424,374▼ $81,815
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,076,708$1,069,362▼ $7,346
Total Liabilities and Net Assets / Fund Balance$5,582,897$5,493,736▼ $89,161

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,582,954$731,350$3,314,304
Leasehold Improvements$972,126$183,646$1,155,772
Land$237,089-$237,089
Equipment$11,081$25,449$36,530
Other Land Buildings-$4,082$4,082
Other Assets Org$307,662--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vincent JamesPresident
Arthur BailyBoard Member
Sedrick MaCallumBoard Member
Venita JamesSecretary
Vincent James IITreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,550
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$705,336
All Other Contributions
$63,550
Change in Net Assets
$-69,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$766,264
Salaries, Compensation, and Employee Benefits$66,164
Grants and Similar Amounts Paid$5,994
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$176,299--$176,299
Depreciation Depletion$132,109--$132,109
All Other Expenses$63,939--$63,939
Other Salaries and Wages$61,774--$61,774
Other Expenses$27,022--$27,022
Insurance$26,632--$26,632
Information Technology-$10,822-$10,822
Travel$7,494--$7,494
Grants to Domestic Individuals$5,994--$5,994
Office Expenses-$5,218-$5,218
Advertising$4,481--$4,481
Payroll Taxes$4,390--$4,390
Total Functional Expenses$822,382$16,040$0$838,422
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
CMFCU - Loan #08 - Mortgage$2,440,253
SC Comm Loan - 596 Neely Rd$547,349
Community Works Loan #202339$546,975
SBA Loan$443,900
Project 3 Points CMCU Loan$190,150
CMFCU - Loan #07 - Mortgage$116,399
CJR Properties Loan 09/01/23$28,414
Broker Loan - Down Payment$24,342
Ally Loan - Company Car$17,452
Payroll Liabilities$460
Tenant Security Deposits$-2,850
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Impact Change
EIN
45-3620353
Phone
7049191754
Address
1227 Saluda Street, Rock Hill, SC 29730

Signing Officer

Name
Vincent James
Title
Director
Signed
2024-09-11
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Sc
Voting Board Members
3
Independent Board Members
2
Employees
2

Preparer

Firm
LB&J Certified Public Accountants PL
Address
5936 Monroe Rd, Charlotte, NC 28212
Preparer
Eric Little
Phone
7049191754
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IRS990/Desc0Impact Change is proud to focus on economic and community development and stabilization in North Carolina and South Carolina. Currently we are aiding the housing needs and personal needs of community members in Char-Meck, NC, and Rock Hill, SC communities. Our current community development project, Woodland Park, is made-up of 67 single family residential units, near the heart of downtown Rock Hill, SC. Throughout the last 36 months, we have re-invested proceeds to rehabilitate 62 homes
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0430618
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0863895
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt063550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0369727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0430618
IRS990ScheduleA/Total509Grp/TotalAmt0863895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt063550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0369727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0430618
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0863895
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02582954
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0731350
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03314304
IRS990ScheduleD/EquipmentGrp/BookValueAmt011081
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025449
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036530
IRS990ScheduleD/LandGrp/BookValueAmt0237089
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0237089
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0972126
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0183646
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01155772
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0-88000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13535
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt234196
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31389292
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4307662
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Earnest Money - 1405 Saluda
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Mariner Loan
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Operation Launch Pad, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Project Eden
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04082
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt228414
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3116399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42440253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5546975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7190150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt8443900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt9547349
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10-2850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Ally Loan - Company Car
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Broker Loan - Down Payment
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CJR Properties Loan 09/01/23
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CMFCU - Loan #07 - Mortgage
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CMFCU - Loan #08 - Mortgage
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Community Works Loan #202339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7Project 3 Points CMCU Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8SBA Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9SC Comm Loan - 596 Neely Rd
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10Tenant Security Deposits
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt01646685
IRS990ScheduleD/TotalLiabilityAmt04352844
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IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
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/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt05493736
IRS990/TotalAssetsGrp/BOYAmt05582897
IRS990/TotalAssetsGrp/EOYAmt05493736
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt063550
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016040
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0822382
IRS990/TotalFunctionalExpensesGrp/TotalAmt0838422
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt04424374
IRS990/TotalLiabilitiesGrp/BOYAmt04506189
IRS990/TotalLiabilitiesGrp/EOYAmt04424374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01076708
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01069362
IRS990/TotalProgramServiceExpensesAmt0822382
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0705336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0768886
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05582897
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05493736
IRS990/TravelGrp/ProgramServicesAmt07494
IRS990/TravelGrp/TotalAmt07494
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01227 Saluda Street
IRS990/USAddress/CityNm0Rock Hill
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029730
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0http://cogum.net
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Vincent James
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Impact Change
ReturnHeader/Filer/BusinessNameControlTxt0IMPA

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