Civic Intelligence

Green Extreme Homes Community Development Corporation

990 • Fiscal year 2015 • EIN 45-3642906

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

2320 King Arthur BlvdLewisville, TX 75056

(214) 906-1085

Siviq Scores

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

Liabilities / Assets

49th percentile

0.04x

Higher debt load relative to assets than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

94th percentile

110%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

1.8%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$831,828

Up $434,844 (+110%) from 2014

Net Assets

Up

$798,836

Up $404,739 (+103%) from 2014

Liabilities

Up

$32,992

Up $30,105 (+1043%) from 2014

Revenue

Up

$996,176

Up $17,258 (+1.8%) from 2014

Expenses

Down

$591,437

Down $280,318 (-32%) from 2014

Net Income

Up

$404,739

Up $297,576 (+278%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $42,067Liabilities 2012: $7,300Net Assets 2012: $34,7672012Assets 2013: $303,998Liabilities 2013: $30,000Net Assets 2013: $273,9982013Assets 2014: $396,984Liabilities 2014: $2,887Net Assets 2014: $394,0972014Assets 2015: $831,828Liabilities 2015: $32,992Net Assets 2015: $798,8362015Assets 2016: $910,778Liabilities 2016: $16,211Net Assets 2016: $894,5672016Assets 2017: $968,379Liabilities 2017: $0Net Assets 2017: $968,3792017Assets 2018: $1,080,376Liabilities 2018: $30,000Net Assets 2018: $1,050,3762018Assets 2019: $1,190,454Liabilities 2019: $0Net Assets 2019: $1,190,4542019Assets 2020: $1,078,721Liabilities 2020: $0Net Assets 2020: $1,078,7212020Assets 2021: $994,626Liabilities 2021: $0Net Assets 2021: $994,6262021Assets 2022: $960,021Liabilities 2022: $0Net Assets 2022: $960,0212022Assets 2023: $868,936Liabilities 2023: $0Net Assets 2023: $868,9362023Assets 2024: $864,181Liabilities 2024: $0Net Assets 2024: $864,1812024

Highlighted filing

2015

Assets$831,828
Liabilities$32,992
Net Assets$798,836

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $250,4932012Revenue 2013: $783,513Expenses 2013: $514,292Net Income 2013: $269,2212013Revenue 2014: $978,918Expenses 2014: $871,755Net Income 2014: $107,1632014Revenue 2015: $996,176Expenses 2015: $591,437Net Income 2015: $404,7392015Revenue 2016: $1,058,791Expenses 2016: $963,060Net Income 2016: $95,7312016Revenue 2017: $914,007Expenses 2017: $840,195Net Income 2017: $73,8122017Revenue 2018: $516,094Expenses 2018: $434,097Net Income 2018: $81,9972018Revenue 2019: $541,752Expenses 2019: $401,674Net Income 2019: $140,0782019Revenue 2020: $123,956Expenses 2020: $235,689Net Income 2020: -$111,7332020Revenue 2021: $50,670Expenses 2021: $134,765Net Income 2021: -$84,0952021Revenue 2022: $24,782Expenses 2022: $59,387Net Income 2022: -$34,6052022Revenue 2023: $83,354Expenses 2023: $174,439Net Income 2023: -$91,0852023Revenue 2024: $41,883Expenses 2024: $46,638Net Income 2024: -$4,7552024

Highlighted filing

2015

Revenue$996,176
Expenses$591,437
Net Income$404,739
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.0
Gross Receipts
$996,176
Mission and Program Overview

Mission

To provide a path to financial stability, job creation, healthy, safe, energy efficient, affordable housing options in Texas primarily for those disadvantaged in any way with focus on new homes and rehabilitating older homes. In addition, another focus is on stabilizing communities by providing decent, affordable housing combined with social services centered around financial stability, job counseling, and nutritional services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$394,097$798,836▲ $404,739
Savings and Temporary Cash Investments$2,996$248,037▲ $245,041
Cash and Non-Interest-Bearing Accounts$169,419$191,588▲ $22,169
Accounts Receivable$127,544$0▼ $127,544
Land, Buildings, and Equipment, Net$5,188$39,221▲ $34,033
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$396,984$831,828▲ $434,844
Other Assets Total$91,837$352,982▲ $261,145
Liabilities
Other Liabilities-$30,105-
Accounts Payable and Accrued Expenses$2,887$2,887→ $0
Total Liabilities$2,887$32,992▲ $30,105
Net Assets / Fund Balance
Total Net Assets Fund Balance$394,097$798,836▲ $404,739
Total Liabilities and Net Assets / Fund Balance$396,984$831,828▲ $434,844

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,221$8,570$47,791
Other Assets Org$3,427--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve BrownChairman
Jean BrownPresident
Jessica SteepBoard Member
Bonnie SanchezTreasurer
Catherine HigginbothamV/P, Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$555,260
Program Service Revenue
$440,859
Investment Income
$57
Other Revenue
$0
All Other Contributions
$512,359
Change in Net Assets
$404,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$478,048
Salaries, Compensation, and Employee Benefits$113,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,500$52,500-$105,000
All Other Expenses$3,856$16,167-$20,023
Fees for Services Accounting-$10,500-$10,500
Other Expenses$9,701--$9,701
Fees for Services Legal-$9,081-$9,081
Payroll Taxes$4,195$4,194-$8,389
Depreciation Depletion-$8,152-$8,152
Insurance-$4,907-$4,907
Travel-$2,833-$2,833
Advertising-$1,400-$1,400
Office Expenses-$1,190-$1,190
Total Functional Expenses$480,513$110,924$0$591,437
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
Note Payable$30,105
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Jean and Steve Brown are wife and husband.

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

Copy of Form 990 provided to President, Jean Brown, for review prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Periodically all officers, directors, members, and employee are required to disclose any conflicts of interest.

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

The board evaluates outside compensation for similiar positions in determining a reasonable competitive compensation for the CEO.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

At present the organization has one employee, the CEO. In the future if and when additional employees are added, the Board of Directors will apply the same stringent guidelines in determining reasonable compensation.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Financials, Financial Audit, Form 990 Return of Organization Exempt From Income Tax, and other information are posted on Guidestar for public viewing.

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

Available on Guidestar.

Filing and Contact Details

Filer

Filer Name
Green Extreme Homes Community
EIN
45-3642906
Phone
2149061085
Address
2320 King Arthur Blvd, Lewisville, TX 75056

Signing Officer

Name
Jean Brown
Title
President
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
1
Volunteers
500

Preparer

Firm
Gksr Pllc
Address
16250 Knoll Trail Drive Suite 207, Dallas, TX 75248
Preparer
Joe M Kelley
Phone
9722486646
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

President of organization selects with approval of the board of directors.

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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0798836
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02996
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0248037
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0555260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0403055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0388208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0237759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01584282
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01584282
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0555260
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0388208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0237759
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01584282
IRS990ScheduleA/TotalSupportAmt01584341
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt08570
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047791
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03427
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030105
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Note Payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039221
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0352982
IRS990ScheduleD/TotalLiabilityAmt030105
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Jean and Steve Brown are wife and husband.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Copy of Form 990 provided to President, Jean Brown, for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Periodically all officers, directors, members, and employee are required to disclose any conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board evaluates outside compensation for similiar positions in determining a reasonable competitive compensation for the CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4At present the organization has one employee, the CEO. In the future if and when additional employees are added, the Board of Directors will apply the same stringent guidelines in determining reasonable compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financials, Financial Audit, Form 990 Return of Organization Exempt From Income Tax, and other information are posted on Guidestar for public viewing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Available on Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7President of organization selects with approval of the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2: Change of Oversight or Selection Process
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IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0831828
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0480513
IRS990/TotalFunctionalExpensesGrp/TotalAmt0591437
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt032992
IRS990/TotalLiabilitiesGrp/BOYAmt02887
IRS990/TotalLiabilitiesGrp/EOYAmt032992
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0394097
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0798836
IRS990/TotalProgramServiceExpensesAmt0480513
IRS990/TotalProgramServiceRevenueAmt0440859
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0440916
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0996176
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0396984
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0831828
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt02833
IRS990/TravelGrp/TotalAmt02833
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.greenextremehomes.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jean Brown
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Green Extreme Homes Community
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0453642906
ReturnHeader/Filer/PhoneNum02149061085
ReturnHeader/Filer/USAddress/AddressLine1Txt02320 King Arthur Blvd
ReturnHeader/Filer/USAddress/CityNm0Lewisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075056
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GKSR PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016250 Knoll Trail Drive Suite 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas

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