Civic Intelligence

Affordable Housing Foundation Inc.

990 • Fiscal year 2015 • EIN 45-3722337

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 24, 2017

Organization Profile
PO Box 430Norwalk, IA 50211

(515) 491-8332

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

99th percentile

99%

Higher net margin than 99% 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

100th percentile

4199400%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$41,995

Up $41,994 (+4199400%) from 2014

Net Assets

$41,995

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin99th percentile

Revenue

Up

$42,548

Up $42,548 from 2014

Expenses

Up

$553

Up $553 from 2014

Net Income

Up

$41,995

Up $41,995 from 2014

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$60K$40K$20K$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $41,995Liabilities 2015: $0Net Assets 2015: $41,9952015Assets 2016: $41,995Liabilities 2016: $0Net Assets 2016: $41,9952016Assets 2017: $3,137Liabilities 2017: $0Net Assets 2017: $3,1372017Assets 2018: $3,137Liabilities 2018: $0Net Assets 2018: $3,1372018

Highlighted filing

2015

Assets$41,995
Liabilities$0
Net Assets$41,995
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$50K$0-$50KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $42,548Expenses 2015: $553Net Income 2015: $41,9952015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: -$38,858Expenses 2017: $0Net Income 2017: -$38,8582017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2015

Revenue$42,548
Expenses$553
Net Income$41,995
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 24, 2017
Return Version
2015v3.0
Gross Receipts
$505,900
Mission and Program Overview

Mission

Provide affordable housing for low income individuals and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$24,411-
Cash and Non-Interest-Bearing Accounts-$17,584-
Total Assets$0$41,995▲ $41,995
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$41,995-
Total Net Assets Fund Balance$0$41,995▲ $41,995
Total Liabilities and Net Assets / Fund Balance$0$41,995▲ $41,995

Asset Categories

AssetBook ValueDepreciationBasis
Land$24,411--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Ron RosenblattPresident
Jd AlbrightBoard Member
Jeff ScharingtonBoard Member
Kelli SwansonBoard Member
Matt ConnellyBoard Member
Dave AlbrightDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$36,000
Program Service Revenue
$0
Investment Income
$6,548
Other Revenue
$0
All Other Contributions
$36,000
Change in Net Assets
$41,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$553--$553
Total Functional Expenses$553$0$0$553
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board of directors reviewed the 990 prior to filing”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is reviewed annually by the board of directors”

Form 990, Page 6, Part VI, Line 19

“Upon request as well as a copy of the 990 is published on a third party website”

Filing and Contact Details

Filer

Filer Name
Affordable Housing Foundation Inc
EIN
45-3722337
Phone
5154918332
Address
PO BOX 430, NORWALK, IA 50211

Signing Officer

Name
Dave Albright
Title
Director
Phone
5158979062
Signed
2017-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Albright
Formed
2011
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Faller Kincheloe and Co Plc
Address
2721 SW 30TH ST, DES MOINES, IA 50321-1409
Preparer
Ryan Roof
Phone
5153625672
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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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN ROOF
ReturnHeader/ReturnTs02017-04-24T22:46:04+00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$41,995
Liabilities
$0
Net assets
$41,995
Revenue
$42,548
Expenses
$553
Net income
$41,995
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Summary only. Only limited summary data is available for this year.$3.14$0.00$3.14$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$3.14$0.00$3.14$38.9$0.00$38.9
2016Detailed filing. Detailed filing data is available for this year.$42.0$0.00$42.0$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$42.0$0.00$42.0$42.5$0.55$42.0
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00