Civic Intelligence

Acts Lending Inc.

990 • Fiscal year 2015 • EIN 46-2986750

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 04, 2016

Organization ProfileN/A
2414 W Vliet StreetMilwaukee, WI 53205

(414) 933-2215

Siviq Scores

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

Liabilities / Assets

77th percentile

0.32x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

1.31x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

94th percentile

62%

Higher net margin than 94% 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

93rd percentile

85%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$560,267

Up $257,210 (+85%) from 2014

Net Assets

Up

$379,410

Up $85,137 (+29%) from 2014

Liabilities

Up

$180,857

Up $172,073 (+1959%) from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin94th percentile

Revenue

Down

$137,728

Down $76,618 (-36%) from 2014

Expenses

Up

$52,591

Up $35,306 (+204%) from 2014

Net Income

Down

$85,137

Down $111,924 (-57%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$20M$15M$10M$5.0M$0Assets 2013: $97,212Liabilities 2013: $02013Assets 2014: $303,057Liabilities 2014: $8,784Net Assets 2014: $294,2732014Assets 2015: $560,267Liabilities 2015: $180,857Net Assets 2015: $379,4102015Assets 2016: $709,263Liabilities 2016: $309,715Net Assets 2016: $399,5482016Assets 2017: $1,065,107Liabilities 2017: $299,500Net Assets 2017: $765,6072017Assets 2018: $1,198,480Liabilities 2018: $173,317Net Assets 2018: $1,025,1632018Assets 2019: $1,738,244Liabilities 2019: $400,094Net Assets 2019: $1,338,1502019Assets 2020: $2,948,037Liabilities 2020: $240,836Net Assets 2020: $2,707,2012020Assets 2021: $4,550,532Liabilities 2021: $1,399,128Net Assets 2021: $3,151,4042021Assets 2022: $7,584,619Liabilities 2022: $4,174,438Net Assets 2022: $3,410,1812022Assets 2023: $9,092,830Liabilities 2023: $4,586,983Net Assets 2023: $4,505,8472023Assets 2024: $19,546,993Liabilities 2024: $6,014,524Net Assets 2024: $13,532,4692024

Highlighted filing

2015

Assets$560,267
Liabilities$180,857
Net Assets$379,410
Open 2015 Filing

Operations Trend

Revenue Growth9th percentile

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

$10M$5.0M$0Revenue 2013: $97,288Expenses 2013: $76Net Income 2013: $97,2122013Revenue 2014: $214,346Expenses 2014: $17,285Net Income 2014: $197,0612014Revenue 2015: $137,728Expenses 2015: $52,591Net Income 2015: $85,1372015Revenue 2016: $76,611Expenses 2016: $56,473Net Income 2016: $20,1382016Revenue 2017: $454,933Expenses 2017: $88,874Net Income 2017: $366,0592017Revenue 2018: $371,412Expenses 2018: $111,856Net Income 2018: $259,5562018Revenue 2019: $488,418Expenses 2019: $175,431Net Income 2019: $312,9872019Revenue 2020: $1,587,529Expenses 2020: $218,478Net Income 2020: $1,369,0512020Revenue 2021: $702,006Expenses 2021: $257,803Net Income 2021: $444,2032021Revenue 2022: $584,182Expenses 2022: $325,405Net Income 2022: $258,7772022Revenue 2023: $1,531,192Expenses 2023: $505,922Net Income 2023: $1,025,2702023Revenue 2024: $9,717,402Expenses 2024: $690,780Net Income 2024: $9,026,6222024

Highlighted filing

2015

Revenue$137,728
Expenses$52,591
Net Income$85,137
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 4, 2016
Return Version
2015v2.0
Gross Receipts
$137,728
Mission and Program Overview

Mission

ACTS Lending, Inc. provides mortgage capital to assist families primarily with financing for the repairs needed to reclaim vacant, distressed, homes in Milwaukee and Beloit's neighborhoods.

Acts lending,inc. Provides mortgage capital to assist families with financing for the repairs needed to reclaim vacant, vandalized, homes in milwaukee's inner city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$255,260$458,975▲ $203,715
Cash and Non-Interest-Bearing Accounts$41,715$72,786▲ $31,071
Savings and Temporary Cash Investments$4,807$26,554▲ $21,747
Intangible Assets-$1,952-
Accounts Receivable$1,275$0▼ $1,275
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-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$303,057$560,267▲ $257,210
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable-$155,188-
Escrow Account Liability-$14,093-
Accounts Payable and Accrued Expenses$8,784$11,576▲ $2,792
Total Liabilities$8,784$180,857▲ $172,073
Net Assets / Fund Balance
Unrestricted Net Assets$245,998$369,410▲ $123,412
Temporarily Rstr Net Assets$48,275$10,000▼ $38,275
Total Net Assets Fund Balance$294,273$379,410▲ $85,137
Total Liabilities and Net Assets / Fund Balance$303,057$560,267▲ $257,210
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
John LinnenPresident
John WeitzerVice President
Autumn LatimoreDirector
Benjamin Y EngelDirector
Kevin MalaneyDirector
Kurt KellogDirector
Margaret KeehnDirector
Michael ZimmermanDirector
Zongcheng MouaDirector
Michael GosmanExecutive Director
John WormTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$128,007
Program Service Revenue
$9,658
Investment Income
$33
Other Revenue
$30
All Other Contributions
$128,007
Change in Net Assets
$85,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$35,160
Other Expenses$17,431
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,160--$35,160
Other Expenses$1,835--$1,835
Information Technology$965--$965
Interest$342--$342
Depreciation Depletion$85--$85
Total Functional Expenses$52,591$0$0$52,591
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

“The board reviewed the 990 prior to filing.”

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

“ACTS CDC has a conflict of interest policy and the bylaws of ACTS lending call for one. The organization has been operating as if the conflict of interest for ACTS CDC applies to ACTS Lending.”

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

“Compensation is set by the board (and executive director for other staff positions) after review of the nonprofit center of Milwaukee's study on compensation performed. During subsequent years, the board and executive director have reviewed compensation of staff annually as a part of the overall budget approval process.”

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

“Compensation is set by the board (and executive director for other staff positions) after review of the nonprofit center of Milwaukee's study on compensation performed. During subsequent years, the board and executive director have reviewed compensation of staff annually as a part of the overall budget approval process.”

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

“Upon request”

Filing and Contact Details

Filer

Filer Name
Acts Lending Inc
EIN
46-2986750
Phone
4149332215
Address
2414 W VLIET STREET, MILWAUKEE, WI 53205

Signing Officer

Name
Stephen Rothe
Title
Treasurer
Signed
2016-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Linnen
Formed
2013
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
20

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Andrew C Holman
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. The Affiliate is a solely owned Corporation and therefore the Internal Revenue Service considers it to be a disregarded entity for tax purposes. All Affiliate activity is included under ACTS Community Development Corporation for tax purposes. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2015, the Organization and Affiliate had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.”

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IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1Other Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt014204
IRS990/OtherExpensesGrp/ProgramServicesAmt11835
IRS990/OtherExpensesGrp/TotalAmt014204
IRS990/OtherExpensesGrp/TotalAmt11835
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt030
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt030
IRS990/OtherRevenueTotalAmt030
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035160
IRS990/OtherSalariesAndWagesGrp/TotalAmt035160
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0255260
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0458975
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John Linnen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522292
IRS990/ProgramServiceRevenueGrp/BusinessCd1522292
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Program Service Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15042
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0209763
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04583
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt017285
IRS990/PYRevenuesLessExpensesAmt0197061
IRS990/PYTotalExpensesAmt017285
IRS990/PYTotalRevenueAmt0214346
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt085137
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04616
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04807
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026554
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0128007
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0209763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt095742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0433512
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04583
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01546
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010778
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09658
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt030
IRS990ScheduleA/OtherIncome170Grp/TotalAmt030
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0433512
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0128007
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0209763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt095742
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0433512
IRS990ScheduleA/TotalSupportAmt0444320
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. The Affiliate is a solely owned Corporation and therefore the Internal Revenue Service considers it to be a disregarded entity for tax purposes. All Affiliate activity is included under ACTS Community Development Corporation for tax purposes. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2015, the Organization and Affiliate had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board reviewed the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTS CDC has a conflict of interest policy and the bylaws of ACTS lending call for one. The organization has been operating as if the conflict of interest for ACTS CDC applies to ACTS Lending.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is set by the board (and executive director for other staff positions) after review of the nonprofit center of Milwaukee's study on compensation performed. During subsequent years, the board and executive director have reviewed compensation of staff annually as a part of the overall budget approval process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is set by the board (and executive director for other staff positions) after review of the nonprofit center of Milwaukee's study on compensation performed. During subsequent years, the board and executive director have reviewed compensation of staff annually as a part of the overall budget approval process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon 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/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391837474
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0affordable homeownership opportunities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509 (2) (a)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01445 N 24TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053205
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0122007
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt135160
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1o
IRS990ScheduleR/TransferFromOtherOrgInd0false

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
$560,267
Liabilities
$180,857
Net assets
$379,410
Revenue
$137,728
Expenses
$52,591
Net income
$85,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$6.01$13.5$9.72$0.69$9.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.09$4.59$4.51$1.53$0.51$1.03
2022Detailed filing. Detailed filing data is available for this year.$7.58$4.17$3.41$0.58$0.33$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$1.40$3.15$0.70$0.26$0.44
2020Detailed filing. Detailed filing data is available for this year.$2.95$0.24$2.71$1.59$0.22$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.40$1.34$0.49$0.18$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.17$1.03$0.37$0.11$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.30$0.77$0.45$0.09$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.31$0.40$0.08$0.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.18$0.38$0.14$0.05$0.09
2014Summary only. Only limited summary data is available for this year.$0.30$0.01$0.29$0.21$0.02$0.20
2013Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $500k-$1M nonprofits