Civic Intelligence

Mt. View Estates Inc.

990 • Fiscal year 2021 • EIN 46-0741482

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 2568Harrison, AR 72602

(870) 741-5522

Siviq Scores

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

Liabilities / Assets

39th percentile

0.01x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

7th percentile

-38%

Higher net margin than 7% 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

23rd percentile

-2.2%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

45th percentile

8.0%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Down

$972,899

Down $22,134 (-2.2%) from 2020

Net Assets

Down

$967,637

Down $21,945 (-2.2%) from 2020

Liabilities

Down

$5,262

Down $189 (-3.5%) from 2020

Revenue

Up

$58,090

Up $4,292 (+8.0%) from 2020

Expenses

Up

$80,035

Up $874 (+1.1%) from 2020

Net Income

Up

-$21,945

Up $3,418 (+13%) 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$0Assets 2017: $1,081,634Liabilities 2017: $5,199Net Assets 2017: $1,076,4352017Assets 2018: $1,054,597Liabilities 2018: $5,173Net Assets 2018: $1,049,4242018Assets 2019: $1,019,088Liabilities 2019: $4,143Net Assets 2019: $1,014,9452019Assets 2020: $995,033Liabilities 2020: $5,451Net Assets 2020: $989,5822020Assets 2021: $972,899Liabilities 2021: $5,262Net Assets 2021: $967,6372021Assets 2022: $953,964Liabilities 2022: $4,418Net Assets 2022: $949,5462022Assets 2023: $930,486Liabilities 2023: $5,561Net Assets 2023: $924,9252023Assets 2024: $905,851Liabilities 2024: $5,109Net Assets 2024: $900,7422024

Highlighted filing

2021

Assets$972,899
Liabilities$5,262
Net Assets$967,637

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $42,473Expenses 2017: $59,666Net Income 2017: -$17,1932017Revenue 2018: $49,117Expenses 2018: $76,058Net Income 2018: -$26,9412018Revenue 2019: $48,139Expenses 2019: $82,624Net Income 2019: -$34,4852019Revenue 2020: $53,798Expenses 2020: $79,161Net Income 2020: -$25,3632020Revenue 2021: $58,090Expenses 2021: $80,035Net Income 2021: -$21,9452021Revenue 2022: $64,036Expenses 2022: $82,128Net Income 2022: -$18,0922022Revenue 2023: $69,376Expenses 2023: $93,997Net Income 2023: -$24,6212023Revenue 2024: $62,078Expenses 2024: $86,261Net Income 2024: -$24,1832024

Highlighted filing

2021

Revenue$58,090
Expenses$80,035
Net Income-$21,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$58,090
Mission and Program Overview

Mission

To construct and maintain a low-income apartment complex for elderly and handicapped persons in the harrison, arkansas, area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$960,309$933,744▼ $26,565
Investments in Publicly Traded Securities$7,843$13,686▲ $5,843
Cash and Non-Interest-Bearing Accounts$4,284$2,821▼ $1,463
Prepaid Expenses and Deferred Charges$4,058$164▼ $3,894
Accounts Receivable$304$4▼ $300
Total Assets$995,033$972,899▼ $22,134
Other Assets Total$18,235$22,480▲ $4,245
Liabilities
Other Liabilities$4,251$4,388▲ $137
Accounts Payable and Accrued Expenses$1,200$874▼ $326
Total Liabilities$5,451$5,262▼ $189
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,041,100$1,041,100→ $0
Net Assets Without Donor Restrictions$-51,518$-73,463▼ $21,945
Total Net Assets Fund Balance$989,582$967,637▼ $21,945
Total Liabilities and Net Assets / Fund Balance$995,033$972,899▼ $22,134

Asset Categories

AssetBook ValueDepreciationBasis
Land$55,000-$55,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John BerryPresident
Jon BurnsideBoard Member
Sandy StroopeBoard Member
Shannon SnowBoard Member
Shaun SaucierBoard Member
-Managing Age
Tammy RothSecretary
Ann MainTreasurer
Brad BaileyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$58,072
Investment Income
$18
Other Revenue
$0
Change in Net Assets
$-21,945

Audited Revenue Reconciliation

Revenue per Audited Statements
$58,090
Total Revenue per Audited Statements
$58,090
Total Revenue per Form 990
$58,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,371
Salaries, Compensation, and Employee Benefits$17,664
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$26,565--$26,565
Other Salaries and Wages$10,984$3,171-$14,155
Occupancy$12,171--$12,171
Fees for Services Accounting-$8,318-$8,318
Fees for Services Management$5,938--$5,938
Insurance-$5,857-$5,857
Office Expenses$203$2,535-$2,738
Other Employee Benefits-$2,460-$2,460
Payroll Taxes-$1,049-$1,049
Other Expenses$220--$220
Conferences and Meetings-$163-$163
Advertising$113--$113
Total Functional Expenses$56,482$23,553$0$80,035

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$80,035
Total Expenses per Audited Statements$80,035
Total Expenses per Form 990$80,035
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 Funded - He$2,468
Accrued Compensated Absences - Lt$1,411
Accrued Salaries$276
Accrued Compensated Absences - St$157
Accrued Payroll Taxes Payable$40
Tenant Prepaid Rents$36
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Northwest regionalal housing authority in harrison, arkansas was delegated by the board to manage the entity.

Form 990, Page 6, Part VI, Line 9

Neal gibson 114 sisco ave. Harrison, ar 72601

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

No review was or will be conducted.

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

Board members are required to disclose any potential conflicts of interest and cannot vote on matters in which there is a conflict of interest. Board members are required to review and acknowledge the code of ehtics, which includes the organization's conflict of interest policy, annually.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Mt View Estates Inc
EIN
46-0741482
Phone
8707415522
Address
PO BOX 2568, HARRISON, AR 72602
Doing Business As
Project No 082-hd109

Signing Officer

Name
Neal Gibson
Title
Managing Agent
Phone
8707415522
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Berry
Formed
2012
Legal Domicile
Ar
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Abacus Cpas LLC
Address
1835 E REPUBLIC RD STE 200, SPRINGFIELD, MO 65804
Preparer
Tom G Porterfield CPA
Phone
4178237171
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 0

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

ROUNDING 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SALARIES
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5TENANT PREPAID RENTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NORTHWEST REGIONALAL HOUSING AUTHORITY IN HARRISON, ARKANSAS WAS DELEGATED BY THE BOARD TO MANAGE THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEAL GIBSON 114 SISCO AVE. HARRISON, AR 72601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AND CANNOT VOTE ON MATTERS IN WHICH THERE IS A CONFLICT OF INTEREST. BOARD MEMBERS ARE REQUIRED TO REVIEW AND ACKNOWLEDGE THE CODE OF EHTICS, WHICH INCLUDES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ANNUALLY.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MT VIEW ESTATES INC
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ReturnHeader/Filer/EIN0460741482
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABACUS CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01835 E REPUBLIC RD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOM G PORTERFIELD CPA
ReturnHeader/ReturnTs02022-11-15T19:19:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NEAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GIBSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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