Victory Brookside Inc

990 • Fiscal year 2015 • EIN 45-3693816

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 01, 2016

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

3.34x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

26%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

$365,893

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 108.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

4.1%

Faster asset growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

0.4%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets88th percentile

Assets

$1,325,726

Up $52,523 (+4.1%) from 2014

Net Assets

$198,519

Up $87,039 (+78%) from 2014

Liabilities

Down

$1,127,207

Down $34,516 (-3.0%) from 2014

Revenue And Expenses

Liabilities / Revenue93rd percentile Net Margin83rd percentile

Revenue

$337,714

Up $1,419 (+0.4%) from 2014

Expenses

Down

$250,675

Down $56,103 (-18%) from 2014

Net Income

$87,039

Up $57,522 (+195%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

Highlighted filing

2015

Assets$1,325,726

Liabilities$1,127,207

Net Assets$198,519

Open 2015 Filing

Operations Trend

Revenue Growth41st percentile

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

Highlighted filing

2015

Revenue$337,714

Expenses$250,675

Net Income$87,039

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Apr 1, 2016
Return Version: 2015v2.0
Gross Receipts: $337,714

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,174,136	$1,165,399	▼ $8,737
Cash and Non-Interest-Bearing Accounts	$35,156	$81,713	▲ $46,557
Prepaid Expenses and Deferred Charges	$7,052	$11,007	▲ $3,955
Accounts Receivable	$691	$1,415	▲ $724
Savings and Temporary Cash Investments	-	$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	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$1,273,203	$1,325,726	▲ $52,523
Other Assets Total	$56,168	$66,192	▲ $10,024
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,087,522	$1,062,993	▼ $24,529
Accounts Payable and Accrued Expenses	$36,764	$37,725	▲ $961
Other Liabilities	$30,585	$26,003	▼ $4,582
Deferred Revenue	$6,852	$486	▼ $6,366
Total Liabilities	$1,161,723	$1,127,207	▼ $34,516
Net Assets / Fund Balance
Unrestricted Net Assets	$111,480	$198,519	▲ $87,039
Total Net Assets Fund Balance	$111,480	$198,519	▲ $87,039
Total Liabilities and Net Assets / Fund Balance	$1,273,203	$1,325,726	▲ $52,523

Asset Categories

Asset	Book Value	Depreciation	Basis
Land	$838,108	-	$838,108
Buildings	$307,991	$34,334	$342,325
Equipment	$7,706	$10,349	$18,055
Leasehold Improvements	$11,201	$4,308	$15,509
Other Land Buildings	$393	$1,289	$1,682

Compensation and Service Providers

Top Officer Pay96th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Barry Knestout	Director
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $337,498
Investment Income: $216
Other Revenue: $0
Change in Net Assets: $87,039

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$197,247
Salaries, Compensation, and Employee Benefits	$53,428
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	$41,286	-	-	$41,286
Depreciation Depletion	$15,280	-	-	$15,280
Fees for Services Management	-	$15,070	-	$15,070
Interest	$10,718	-	-	$10,718
Other Employee Benefits	$8,881	-	-	$8,881
Insurance	$6,167	-	-	$6,167
All Other Expenses	$5,246	-	-	$5,246
Other Expenses	$3,783	-	-	$3,783
Payroll Taxes	$3,261	-	-	$3,261
Office Expenses	$2,653	-	-	$2,653
Fees for Services Accounting	-	$675	-	$675
Advertising	$498	-	-	$498
Travel	$241	-	-	$241
Fees for Services Legal	$27	-	-	$27
Total Functional Expenses	$234,930	$15,745	$0	$250,675

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
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 Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Parkside Seniorlp	Rockville, MD	Real Estate	-	$3,541	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-55	$2,426	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-97	$1,540	0.00%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$-10	$1,255	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-15	$1,141	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-44	$1,080	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-3	$1,059	0.01%	Yes
Covenant Village Gp	Germantown, MD	Real Estate	$-26	$949	25%	Yes
Victory Terrace Lp	Rockville, MD	Real Estate	$-42	$731	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-97	$3,541	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-44	$2,426	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$20,834
Misc. Long-term Liabilities	$5,169

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: No
Other officer compensation reviewed: No
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 11B: Form 990 Review Process

“Draft of form 990 is provided to board members for review and approval prior to filing.”

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

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Victory Brookside Inc
EIN: 45-3693816
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: James A Brown Jr
Title: President
Signed: 2016-04-01

Organization Details

Principal Officer: James a Brown Jr
Formed: 2012
Legal Domicile: Md
Voting Board Members: 3
Independent Board Members: 3
Employees: 0

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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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IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1087522
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1062993
IRS990/NetAssetsOrFundBalancesBOYAmt	0	111480
IRS990/NetAssetsOrFundBalancesEOYAmt	0	198519
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	2653
IRS990/OfficeExpensesGrp/TotalAmt	0	2653
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	56168
IRS990/OtherAssetsTotalGrp/EOYAmt	0	66192
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	8881
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	8881
IRS990/OtherExpensesGrp/Desc	0	UTILITIES
IRS990/OtherExpensesGrp/Desc	1	OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc	2	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc	3	TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	61715
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	61003
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	14171
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	3783
IRS990/OtherExpensesGrp/TotalAmt	0	61715
IRS990/OtherExpensesGrp/TotalAmt	1	61003
IRS990/OtherExpensesGrp/TotalAmt	2	14171
IRS990/OtherExpensesGrp/TotalAmt	3	3783
IRS990/OtherLiabilitiesGrp/BOYAmt	0	30585
IRS990/OtherLiabilitiesGrp/EOYAmt	0	26003
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	41286
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	41286
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	3261
IRS990/PayrollTaxesGrp/TotalAmt	0	3261
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	7052
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	11007
IRS990/PrincipalOfficerNm	0	JAMES A BROWN JR
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	330949
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	2564
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	3985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	330949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	2564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	3985
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	22
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	236007
IRS990/PYProgramServiceRevenueAmt	0	336273
IRS990/PYRevenuesLessExpensesAmt	0	29517
IRS990/PYSalariesCompEmpBnftPaidAmt	0	70771
IRS990/PYTotalExpensesAmt	0	306778
IRS990/PYTotalRevenueAmt	0	336295
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	87039
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	216
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	22
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	94
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	337498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	336273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	331054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	326172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1330997
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	22
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	94
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	438
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	0
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	1330997
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	337498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	336273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	331054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	326172
IRS990ScheduleA/Total509Grp/TotalAmt	0	1330997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	337714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	336295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	331160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	326266
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1331435
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	307991
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	34334
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	342325
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	7706
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	10349
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	18055
IRS990ScheduleD/LandGrp/BookValueAmt	0	838108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	838108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	11201
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	4308
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	15509
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	393
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	1289
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	1682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	5169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	20834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1165399
IRS990ScheduleD/TotalLiabilityAmt	0	26003
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	365893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	161929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205246
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	365893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	161929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	205246
IRS990ScheduleJ/SeverancePaymentInd	0	false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd	0	false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	false
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	false
IRS990ScheduleR/DivRelatedOrganizationInd	0	false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	0	VICTORY ENTR
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	1	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	2	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	3	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	0	PARKFAIR ASSOCIATES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	1	VICTORY ENTERPRISES INC

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,325,726
Liabilities: $1,127,207
Net assets: $198,519
Revenue: $337,714
Expenses: $250,675
Net income: $87,039

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.34	$0.92	$0.42	$0.44	$0.35	$0.09
2023Detailed filing. Detailed filing data is available for this year.	$1.26	$0.93	$0.33	$0.43	$0.41	$0.02
2022Detailed filing. Detailed filing data is available for this year.	$1.27	$0.96	$0.31	$0.39	$0.36	$0.04
2021Detailed filing. Detailed filing data is available for this year.	$1.26	$0.98	$0.27	$0.37	$0.36	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$1.27	$1.00	$0.27	$0.36	$0.38	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$1.32	$1.03	$0.29	$0.35	$0.37	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$1.37	$1.06	$0.31	$0.36	$0.34	$0.01
2017Detailed filing. Detailed filing data is available for this year.	$1.37	$1.07	$0.30	$0.35	$0.31	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$1.36	$1.11	$0.26	$0.34	$0.28	$0.06
2015Detailed filing. Detailed filing data is available for this year.	$1.33	$1.13	$0.20	$0.34	$0.25	$0.09
2014Detailed filing. Detailed filing data is available for this year.	$1.27	$1.16	$0.11	$0.34	$0.31	$0.03
2013Summary only. Only limited summary data is available for this year.	$1.27	$1.19	$0.08	$0.33	$0.30	$0.04