Civic Intelligence

Rivendell Homes Inc.

990 • Fiscal year 2021 • EIN 46-0517811

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 25, 2021

3 Milford Mill RoadBaltimore, MD 21208

(410) 653-6190

Siviq Scores

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

Liabilities / Assets

97th percentile

1.66x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

13.12x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

9th percentile

-28%

Higher net margin than 9% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

18th percentile

-4.1%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

0.8%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$741,665

Down $32,054 (-4.1%) from 2020

Net Assets

Down

-$487,324

Down $26,449 (-5.7%) from 2020

Liabilities

Down

$1,228,989

Down $5,605 (-0.5%) from 2020

Revenue

Up

$93,704

Up $756 (+0.8%) from 2020

Expenses

Down

$120,153

Down $1,935 (-1.6%) from 2020

Net Income

Up

-$26,449

Up $2,691 (+9.2%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $1,024,970Liabilities 2011: $1,142,812Net Assets 2011: -$117,8422011Assets 2012: $1,005,883Liabilities 2012: $1,138,700Net Assets 2012: -$132,8172012Assets 2013: $991,400Liabilities 2013: $1,155,381Net Assets 2013: -$163,9812013Assets 2014: $966,326Liabilities 2014: $1,156,825Net Assets 2014: -$190,4992014Assets 2015: $944,492Liabilities 2015: $1,176,380Net Assets 2015: -$231,8882015Assets 2016: $929,304Liabilities 2016: $1,248,369Net Assets 2016: -$319,0652016Assets 2017: $841,872Liabilities 2017: $1,210,270Net Assets 2017: -$368,3982017Assets 2018: $822,318Liabilities 2018: $1,216,771Net Assets 2018: -$394,4532018Assets 2020: $773,719Liabilities 2020: $1,234,594Net Assets 2020: -$460,8752020Assets 2021: $741,665Liabilities 2021: $1,228,989Net Assets 2021: -$487,3242021Assets 2022: $725,127Liabilities 2022: $1,244,386Net Assets 2022: -$519,2592022Assets 2023: $733,465Liabilities 2023: $1,291,792Net Assets 2023: -$558,3272023

Highlighted filing

2021

Assets$741,665
Liabilities$1,228,989
Net Assets-$487,324

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $97,4152011Expenses 2012: $93,5882012Expenses 2013: $109,5032013Revenue 2014: $80,224Expenses 2014: $106,742Net Income 2014: -$26,5182014Revenue 2015: $76,369Expenses 2015: $118,479Net Income 2015: -$42,1102015Revenue 2016: $78,877Expenses 2016: $166,054Net Income 2016: -$87,1772016Revenue 2017: $74,745Expenses 2017: $124,078Net Income 2017: -$49,3332017Revenue 2018: $86,567Expenses 2018: $112,164Net Income 2018: -$25,5972018Revenue 2020: $92,948Expenses 2020: $122,088Net Income 2020: -$29,1402020Revenue 2021: $93,704Expenses 2021: $120,153Net Income 2021: -$26,4492021Revenue 2022: $104,020Expenses 2022: $135,955Net Income 2022: -$31,9352022Revenue 2023: $99,267Expenses 2023: $138,335Net Income 2023: -$39,0682023

Highlighted filing

2021

Revenue$93,704
Expenses$120,153
Net Income-$26,449
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 25, 2021
Return Version
2020v4.0
Gross Receipts
$93,704
Mission and Program Overview

Mission

The entity renovates and maintains residential rental properties designed for low income adults with disabilities under section 811 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$700,805$671,260▼ $29,545
Cash and Non-Interest-Bearing Accounts$5,887$12,540▲ $6,653
Accounts Receivable$17,095$7,215▼ $9,880
Total Assets$773,719$741,665▼ $32,054
Other Assets Total$49,932$50,650▲ $718
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,132,900$1,132,900→ $0
Other Liabilities$101,694$96,089▼ $5,605
Total Liabilities$1,234,594$1,228,989▼ $5,605
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-460,875$-487,324▼ $26,449
Total Net Assets Fund Balance$-460,875$-487,324▼ $26,449
Total Liabilities and Net Assets / Fund Balance$773,719$741,665▼ $32,054

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$671,260$469,289$1,140,549
Other Assets Org$50,650--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sendy RommelPresident
Laurie BennettDirector
Molly CoffaySecretary
Kenneth TablerVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$93,659
Investment Income
$45
Other Revenue
$0
Change in Net Assets
$-26,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$93,704
Total Revenue per Audited Statements
$93,704
Total Revenue per Form 990
$93,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,725
Salaries, Compensation, and Employee Benefits$19,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$29,545--$29,545
Occupancy$16,553--$16,553
Other Salaries and Wages$15,795--$15,795
Fees for Services Accounting$4,003$8,950-$12,953
Other Expenses$5,280--$5,280
Payroll Taxes$3,633--$3,633
Insurance$3,479--$3,479
All Other Expenses$665--$665
Total Functional Expenses$111,203$8,950$0$120,153

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$120,153
Total Expenses per Audited Statements$120,153
Total Expenses per Form 990$120,153
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residual Receipts$53,003
Due to Prologue, Inc.$43,002
Prepaid Revenue$84
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management company supervisors daily operations

Form 990, Page 6, Part VI, Line 7A

YES

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

Cfo reviews tax return and makes copies available to the board members.

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

Board members are requested to submit an annual conflict of interest statement which is reviewed by vp, general counsel.

Form 990, Page 6, Part VI, Line 15A

N/A

Form 990, Page 6, Part VI, Line 15B

N/A

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Rivendell Homes Inc
EIN
46-0517811
Phone
4106536190
Address
3 MILFORD MILL ROAD, BALTIMORE, MD 21208

Signing Officer

Name
Sendy Rommel
Title
President
Phone
4106536190
Signed
2021-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sendy Rommel
Formed
2002
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
2
Employees
0

Preparer

Firm
Hcfl
Address
1954 GREENSPRING DR STE 305, TIMONIUM, MD 21093
Preparer
Kalman Danziger CPA
Phone
4108284446
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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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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03 MILFORD MILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BALTIMORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0773719
IRS990/TotalAssetsEOYAmt0741665
IRS990/TotalAssetsGrp/BOYAmt0773719
IRS990/TotalAssetsGrp/EOYAmt0741665
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08950
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0111203
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120153
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01234594
IRS990/TotalLiabilitiesEOYAmt01228989
IRS990/TotalLiabilitiesGrp/BOYAmt01234594
IRS990/TotalLiabilitiesGrp/EOYAmt01228989
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-460875
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-487324
IRS990/TotalProgramServiceExpensesAmt0111203
IRS990/TotalProgramServiceRevenueAmt093659
IRS990/TotalRevenueGrp/ExclusionAmt045
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt093659
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt093704
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0773719
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0741665
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03 MILFORD MILL ROAD
IRS990/USAddress/CityNm0BALTIMORE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021208
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SENDY ROMMEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04106536190
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVENDELL HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0460517811
ReturnHeader/Filer/PhoneNum04106536190
ReturnHeader/Filer/USAddress/AddressLine1Txt03 MILFORD MILL ROAD
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021208
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521399339
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HCFL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01954 GREENSPRING DR STE 305
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04108284446
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KALMAN DANZIGER CPA
ReturnHeader/ReturnTs02021-12-09T12:37:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SENDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROMMEL
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.29$0.56$0.10$0.14$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.24$0.52$0.10$0.14$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.74$1.23$0.49$0.09$0.12$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$1.23$0.46$0.09$0.12$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$1.22$0.39$0.09$0.11$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$1.21$0.37$0.07$0.12$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.93$1.25$0.32$0.08$0.17$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.94$1.18$0.23$0.08$0.12$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.97$1.16$0.19$0.08$0.11$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.16$0.16$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.14$0.13$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.14$0.12$0.10