Civic Intelligence

Green Extreme Homes Community Development Corporation

990 • Fiscal year 2018 • EIN 45-3642906

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 01, 2019

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

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

40th percentile

0.06x

Higher debt load relative to revenue than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

59th percentile

$80,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,080,376

Up $111,997 (+12%) from 2017

Net Assets

Up

$1,050,376

Up $81,997 (+8.5%) from 2017

Liabilities

Up

$30,000

Up $30,000 from 2017

Revenue

Down

$516,094

Down $397,913 (-44%) from 2017

Expenses

Down

$434,097

Down $406,098 (-48%) from 2017

Net Income

Up

$81,997

Up $8,185 (+11%) from 2017

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

2018

Assets$1,080,376
Liabilities$30,000
Net Assets$1,050,376

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

2018

Revenue$516,094
Expenses$434,097
Net Income$81,997
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$516,094
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$968,379$1,050,376▲ $81,997
Accounts Receivable-$329,236-
Savings and Temporary Cash Investments$500,097$200,621▼ $299,476
Cash and Non-Interest-Bearing Accounts$134,633$99,256▼ $35,377
Land, Buildings, and Equipment, Net$20,105$10,546▼ $9,559
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$968,379$1,080,376▲ $111,997
Other Assets Total$313,544$440,717▲ $127,173
Liabilities
Other Liabilities-$30,000-
Total Liabilities$0$30,000▲ $30,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$968,379$1,050,376▲ $81,997
Total Liabilities and Net Assets / Fund Balance$968,379$1,080,376▲ $111,997

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,546$37,245$47,791
Other Assets Org$202,818--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve BrownChairmanFT$80,000$80,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$319,950
Program Service Revenue
$195,375
Investment Income
$769
Other Revenue
$0
All Other Contributions
$319,950
Change in Net Assets
$81,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$347,977
Salaries, Compensation, and Employee Benefits$86,120
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$40,000$40,000-$80,000
Insurance-$16,514-$16,514
Fees for Services Accounting-$10,000-$10,000
Depreciation Depletion-$9,559-$9,559
All Other Expenses$1,210$6,885-$8,095
Payroll Taxes$3,060$3,060-$6,120
Travel-$5,383-$5,383
Other Expenses$4,843$7,725-$4,843
Fees for Services Legal-$2,906-$2,906
Total Functional Expenses$332,065$102,032$0$434,097
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
Short Term Loan$30,000
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 two employees, the CEO and Project Manager. 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
Steve Brown
Title
Chairman
Signed
2019-11-01
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
1
Volunteers
150

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/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0196144
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0968379
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01050376
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500097
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0319950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0167286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0886517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0555260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0403055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02332068
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0962
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt02332068
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0319950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0167286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0886517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0555260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0403055
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02332068
IRS990ScheduleA/TotalSupportAmt02333030
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt010546
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037245
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047791
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0202818
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Home for Female Veeranst
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Short Term Loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010546
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0440717
IRS990ScheduleD/TotalLiabilityAmt030000
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 two employees, the CEO and Project Manager. 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0968379
IRS990/TotalAssetsEOYAmt01080376
IRS990/TotalAssetsGrp/BOYAmt0968379
IRS990/TotalAssetsGrp/EOYAmt01080376
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0319950
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0102032
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0332065
IRS990/TotalFunctionalExpensesGrp/TotalAmt0434097
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt030000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt030000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0968379
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01050376
IRS990/TotalProgramServiceExpensesAmt0332065
IRS990/TotalProgramServiceRevenueAmt0195375
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0196144
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0516094
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0968379
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01080376
IRS990/TravelGrp/ManagementAndGeneralAmt05383
IRS990/TravelGrp/TotalAmt05383
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02320 King Arthur Blvd
IRS990/USAddress/CityNm0Lewisville
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075056
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.greenextremehomes.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Steve Brown
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-01
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/PreparerFirmEIN0454333899
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GKSR PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016250 Knoll Trail Drive Suite 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075248

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