Civic Intelligence

Housing Solutions Inc

990 • Fiscal year 2016 • EIN 45-5524663

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 19, 2017

PO Box 188445Sacramento, CA 95818

(916) 341-0593

Siviq Scores

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

Liabilities / Assets

59th percentile

0.17x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

0.73x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

97th percentile

80%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$67,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

85th percentile

25%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,069,305

Up $212,455 (+25%) from 2015

Net Assets

Up

$884,771

Up $203,192 (+30%) from 2015

Liabilities

Up

$184,534

Up $9,263 (+5.3%) from 2015

Revenue

Down

$253,980

Down $220,673 (-46%) from 2015

Expenses

Up

$50,788

Up $19,473 (+62%) from 2015

Net Income

Down

$203,192

Down $240,146 (-54%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $420,453Liabilities 2013: $171,493Net Assets 2013: $248,9602013Assets 2014: $409,734Liabilities 2014: $171,493Net Assets 2014: $238,2412014Assets 2015: $856,850Liabilities 2015: $175,271Net Assets 2015: $681,5792015Assets 2016: $1,069,305Liabilities 2016: $184,534Net Assets 2016: $884,7712016Assets 2017: $1,446,960Liabilities 2017: $177,122Net Assets 2017: $1,269,8382017Assets 2018: $1,414,568Liabilities 2018: $185,692Net Assets 2018: $1,228,8762018Assets 2019: $1,413,055Liabilities 2019: $190,067Net Assets 2019: $1,222,9882019Assets 2020: $2,220,378Liabilities 2020: $196,252Net Assets 2020: $2,024,1262020Assets 2021: $2,278,265Liabilities 2021: $209,160Net Assets 2021: $2,069,1052021

Highlighted filing

2016

Assets$1,069,305
Liabilities$184,534
Net Assets$884,771

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $267,688Expenses 2013: $17,612Net Income 2013: $250,0762013Revenue 2014: $14,282Expenses 2014: $25,001Net Income 2014: -$10,7192014Revenue 2015: $474,653Expenses 2015: $31,315Net Income 2015: $443,3382015Revenue 2016: $253,980Expenses 2016: $50,788Net Income 2016: $203,1922016Revenue 2017: $461,136Expenses 2017: $76,069Net Income 2017: $385,0672017Revenue 2018: $41,406Expenses 2018: $82,368Net Income 2018: -$40,9622018Revenue 2019: $59,081Expenses 2019: $64,969Net Income 2019: -$5,8882019Revenue 2020: $84,947Expenses 2020: $66,357Net Income 2020: $18,5902020Revenue 2021: $123,078Expenses 2021: $70,439Net Income 2021: $52,6392021

Highlighted filing

2016

Revenue$253,980
Expenses$50,788
Net Income$203,192
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 19, 2017
Return Version
2016v3.0
Gross Receipts
$253,980
Mission and Program Overview

Mission

Provide decent, safe and sanitary affordable housing for lower income persons. Provide services for lower income persons to find or maintain housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$848,493$1,048,265▲ $199,772
Savings and Temporary Cash Investments$4,443$9,376▲ $4,933
Cash and Non-Interest-Bearing Accounts$3,914$8,331▲ $4,417
Accounts Receivable-$3,333-
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$856,850$1,069,305▲ $212,455
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$172,025$172,025→ $0
Accounts Payable and Accrued Expenses$3,246$12,509▲ $9,263
Total Liabilities$175,271$184,534▲ $9,263
Net Assets / Fund Balance
Permanently Rstr Net Assets$714,019$714,019→ $0
Unrestricted Net Assets$-32,440$170,752▲ $203,192
Total Net Assets Fund Balance$681,579$884,771▲ $203,192
Total Liabilities and Net Assets / Fund Balance$856,850$1,069,305▲ $212,455

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$787,533$60,959$848,492
Land$260,732-$260,732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
John FoleyTreasurerPT$67,000$67,000

Board Members and Trustees

NameTitle
Ron JavorPresident
Tyrone BuckleyVice President
Steve BeckmanDirector
Tim StoeckleinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$231,111
Program Service Revenue
$22,867
Investment Income
$2
Other Revenue
$0
All Other Contributions
$231,111
Change in Net Assets
$203,192

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$226,112Fair Market Value (FMV)
Total Noncash Contributions1$226,112-

Audited Revenue Reconciliation

Revenue per Audited Statements
$253,980
Total Revenue per Audited Statements
$253,980
Total Revenue per Form 990
$253,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,788
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
Depreciation Depletion$26,340--$26,340
Insurance$5,764--$5,764
Fees for Services Accounting-$2,900-$2,900
Other Expenses$1,261$171-$171
All Other Expenses-$150-$150
Total Functional Expenses$47,567$3,221$0$50,788

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$50,788
Total Expenses per Audited Statements$50,788
Total Expenses per Form 990$50,788
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A PDF copy of Form 990 is provided to the board prior to filing with the IRS.

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

Directors complete annual disclosure statements.

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

The Organization does not pay compensation.

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

The Organization does not pay compensation.

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

Governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Housing Solutions Inc
EIN
45-5524663
Phone
9163410593
Address
PO Box 188445, Sacramento, CA 95818

Signing Officer

Name
John Foley
Title
Executive Director
Signed
2017-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Foley
Formed
2012
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Richard Watson Jr CPA
Address
8 Metro Lane, Sacramento, CA 95816-4396
Preparer
Richard Watson
Phone
9166060552
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Organization recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions relating to potential sources of unrelated business income. The Organization has analyzed its tax positions taken for filings with the Internal Revenue Service and believes that its positions will be sustained upon examination.The Organizations federal Return of Organization Exempt From Income Tax (Form 990) for 2016, 2015 and 2014, are subject to examination by the IRS, generally for three years after they were filed.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt013320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065468
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0474652
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014281
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0267687
IRS990ScheduleA/Total509Grp/TotalAmt01010598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0253980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0474653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014282
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0267688
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01010603
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt060959
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0848492
IRS990ScheduleD/ExpensesSubtotalAmt050788
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0260732
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0260732
IRS990ScheduleD/RevenueSubtotalAmt0253980
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Organization recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions relating to potential sources of unrelated business income. The Organization has analyzed its tax positions taken for filings with the Internal Revenue Service and believes that its positions will be sustained upon examination.The Organizations federal Return of Organization Exempt From Income Tax (Form 990) for 2016, 2015 and 2014, are subject to examination by the IRS, generally for three years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01048265
IRS990ScheduleD/TotalExpensesPerForm990Amt050788
IRS990ScheduleD/TotalRevenuePerForm990Amt0253980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0253980
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt050788
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IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A PDF copy of Form 990 is provided to the board prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors complete annual disclosure statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization does not pay compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization does not pay compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policies and financial statements are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0None
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Sacramento Self Help Housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0680217383
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Low income housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 188445
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Sacramento
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd095818
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt023733
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Sacramento Self Help Housing
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0a
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0856850
IRS990/TotalAssetsEOYAmt01069305

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