Civic Intelligence

Tri-Cities Terrace II

990 • Fiscal year 2018 • EIN 46-0518325

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 31, 2018

818 W Riverside Suite 300Spokane, WA 99201

(509) 459-6100

Siviq Scores

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

Liabilities / Assets

95th percentile

1.32x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

20.00x

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

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

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

36th percentile

-2.1%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

41st percentile

0.4%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Down

$2,591,774

Down $55,828 (-2.1%) from 2017

Net Assets

Down

-$819,112

Down $71,413 (-9.6%) from 2017

Liabilities

Up

$3,410,886

Up $15,585 (+0.5%) from 2017

Revenue

Up

$170,562

Up $758 (+0.4%) from 2017

Expenses

Up

$241,975

Up $16,114 (+7.1%) from 2017

Net Income

Down

-$71,413

Down $15,356 (-27%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $3,026,959Liabilities 2011: $3,396,111Net Assets 2011: -$369,1522011Assets 2012: $2,968,568Liabilities 2012: $3,403,142Net Assets 2012: -$434,5742012Assets 2013: $2,891,117Liabilities 2013: $3,395,717Net Assets 2013: -$504,6002013Assets 2014: $2,826,113Liabilities 2014: $3,395,629Net Assets 2014: -$569,5162014Assets 2015: $2,760,876Liabilities 2015: $3,394,378Net Assets 2015: -$633,5022015Assets 2016: $2,705,006Liabilities 2016: $3,396,648Net Assets 2016: -$691,6422016Assets 2017: $2,647,602Liabilities 2017: $3,395,301Net Assets 2017: -$747,6992017Assets 2018: $2,591,774Liabilities 2018: $3,410,886Net Assets 2018: -$819,1122018Assets 2019: $2,449,554Liabilities 2019: $3,402,223Net Assets 2019: -$952,6692019Assets 2020: $2,384,637Liabilities 2020: $3,403,995Net Assets 2020: -$1,019,3582020Assets 2021: $2,307,675Liabilities 2021: $3,412,844Net Assets 2021: -$1,105,1692021Assets 2022: $2,220,141Liabilities 2022: $3,401,307Net Assets 2022: -$1,181,1662022Assets 2023: $2,146,935Liabilities 2023: $3,408,465Net Assets 2023: -$1,261,5302023Assets 2024: $2,064,542Liabilities 2024: $3,397,745Net Assets 2024: -$1,333,2032024Assets 2025: $2,115,042Liabilities 2025: $3,454,627Net Assets 2025: -$1,339,5852025

Highlighted filing

2018

Assets$2,591,774
Liabilities$3,410,886
Net Assets-$819,112

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $224,7822011Expenses 2012: $236,8882012Expenses 2013: $238,8042013Revenue 2014: $170,296Expenses 2014: $235,212Net Income 2014: -$64,9162014Revenue 2015: $170,040Expenses 2015: $234,026Net Income 2015: -$63,9862015Revenue 2016: $169,494Expenses 2016: $227,634Net Income 2016: -$58,1402016Revenue 2017: $169,804Expenses 2017: $225,861Net Income 2017: -$56,0572017Revenue 2018: $170,562Expenses 2018: $241,975Net Income 2018: -$71,4132018Revenue 2019: $176,917Expenses 2019: $310,474Net Income 2019: -$133,5572019Revenue 2020: $213,014Expenses 2020: $279,703Net Income 2020: -$66,6892020Revenue 2021: $202,870Expenses 2021: $288,681Net Income 2021: -$85,8112021Revenue 2022: $216,174Expenses 2022: $292,171Net Income 2022: -$75,9972022Revenue 2023: $222,678Expenses 2023: $303,042Net Income 2023: -$80,3642023Revenue 2024: $249,082Expenses 2024: $320,755Net Income 2024: -$71,6732024Revenue 2025: $313,850Expenses 2025: $320,232Net Income 2025: -$6,3822025

Highlighted filing

2018

Revenue$170,562
Expenses$241,975
Net Income-$71,413
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 31, 2018
Return Version
2017v2.2
Gross Receipts
$170,562
Mission and Program Overview

Mission

Provide affordable housing to low income elderly residents.

Providing affordable housing to low income elderly residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,406,139$2,331,004▼ $75,135
Accounts Receivable$17,453$15,827▼ $1,626
Prepaid Expenses and Deferred Charges$770$6,669▲ $5,899
Cash and Non-Interest-Bearing Accounts$503$782▲ $279
Total Assets$2,647,602$2,591,774▼ $55,828
Other Assets Total$222,737$237,492▲ $14,755
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,376,527$3,376,527→ $0
Accounts Payable and Accrued Expenses$6,780$23,293▲ $16,513
Other Liabilities$11,633$11,066▼ $567
Deferred Revenue$361$0▼ $361
Total Liabilities$3,395,301$3,410,886▲ $15,585
Net Assets / Fund Balance
Unrestricted Net Assets$-747,699$-819,112▼ $71,413
Total Net Assets Fund Balance$-747,699$-819,112▼ $71,413
Total Liabilities and Net Assets / Fund Balance$2,647,602$2,591,774▼ $55,828

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,051,109$1,084,013-
Land$279,895--
Other Assets Org$11,066--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard BarchetPresident
Rob BarrVice President
MIKE O'NEILLDirector
Mark UnderwoodDirector
Maureen RitterDirector
Gerry RitterSecretary
Al HaffnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$62,533
Program Service Revenue
$107,554
Investment Income
$475
Other Revenue
$0
Change in Net Assets
$-71,413

Audited Revenue Reconciliation

Revenue per Audited Statements
$170,562
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$170,562
Total Revenue per Form 990
$170,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,091
Salaries, Compensation, and Employee Benefits$25,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$80,972--$80,972
Fees for Services Management$20,923--$20,923
Other Salaries and Wages$18,173--$18,173
Office Expenses$8,994--$8,994
Insurance$7,428--$7,428
Fees for Services Accounting$7,240--$7,240
Payroll Taxes$4,683--$4,683
Other Employee Benefits$3,028--$3,028
Other Expenses$850--$850
Conferences and Meetings$378--$378
Total Functional Expenses$241,975$0$0$241,975

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$241,975
Total Expenses per Audited Statements$241,975
Total Expenses per Form 990$241,975
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Tenant Security Deposits$11,066
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section A, Line 2

Maureen ritter and gerry ritter are husband and wife.

Form 990, Part VI, Section B, Line 11B

The board reviews the return prior to the president signing.

Form 990, Part VI, Section B, Line 12C

The board regularly monitors compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Tri-cities Terrace Ii
EIN
46-0518325
Phone
5094596100
Address
818 W RIVERSIDE SUITE 300, SPOKANE, WA 99201

Signing Officer

Name
W Richard Barchet
Title
President
Phone
5094596100
Signed
2018-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Richard Barchet
Formed
2003
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Schoedel & Schoedel Cpas Pllc
Address
422 W RIVERSIDE AVE STE 1420, SPOKANE, WA 99201-0395
Preparer
Darcy a Skjothaug CPA
Phone
5097472158
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C, Oversight of the Audit

No changes have occurred from the previous year.

Raw XML AppendixShowing 400 of 418 raw XML fields

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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0110107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0550308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0209
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0268
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01364
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99840
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt0848832
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0170087
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0169592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0169294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0169831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0170028
IRS990ScheduleA/Total509Grp/TotalAmt0848832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0169804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0169494
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0170040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170296
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0850196
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02051109
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01084013
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03135122
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0241975
IRS990ScheduleD/LandGrp/BookValueAmt0279895
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0279895
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014093
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1156682
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt255651
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt311066
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESSCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0170562
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02331004
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0237492
IRS990ScheduleD/TotalExpensesPerForm990Amt0241975
IRS990ScheduleD/TotalLiabilityAmt011066
IRS990ScheduleD/TotalRevenuePerForm990Amt0170562
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0170562
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0241975
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAUREEN RITTER AND GERRY RITTER ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE RETURN PRIOR TO THE PRESIDENT SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REGULARLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE OCCURRED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C, OVERSIGHT OF THE AUDIT
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02647602
IRS990/TotalAssetsEOYAmt02591774
IRS990/TotalAssetsGrp/BOYAmt02647602
IRS990/TotalAssetsGrp/EOYAmt02591774
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt062533
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0241975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241975
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03395301
IRS990/TotalLiabilitiesEOYAmt03410886
IRS990/TotalLiabilitiesGrp/BOYAmt03395301
IRS990/TotalLiabilitiesGrp/EOYAmt03410886
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-747699
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-819112
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0241975
IRS990/TotalProgramServiceRevenueAmt0107554
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0475
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0107554
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0170562
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02647602
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02591774
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-747699
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-819112
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0818 W RIVERSIDE
IRS990/USAddress/CityNm0SPOKANE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd099201
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0W RICHARD BARCHET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05094596100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRI-CITIES TERRACE II
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O GOODALE & BARBIERI COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0TRI-
ReturnHeader/Filer/EIN0460518325
ReturnHeader/Filer/PhoneNum05094596100
ReturnHeader/Filer/USAddress/AddressLine1Txt0818 W RIVERSIDE SUITE 300
ReturnHeader/Filer/USAddress/CityNm0SPOKANE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd099201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0628B82E421B280D3A4FFE08D4B463866056525BF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0628B82E421B280D3A4FFE08D4B463866056525BF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$3.45$1.34$0.31$0.32$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$3.40$1.33$0.25$0.32$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$3.41$1.26$0.22$0.30$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$3.40$1.18$0.22$0.29$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$3.41$1.11$0.20$0.29$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$3.40$1.02$0.21$0.28$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$3.40$0.95$0.18$0.31$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.59$3.41$0.82$0.17$0.24$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$3.40$0.75$0.17$0.23$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$3.40$0.69$0.17$0.23$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.76$3.39$0.63$0.17$0.23$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.83$3.40$0.57$0.17$0.24$0.06
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$3.40$0.50$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$3.40$0.43$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$3.40$0.37$0.22