Civic Intelligence

Ges Title Holding Corporation Inc

EIN 46-4272462 • 501(c)4 • Mobile, AL

2448 Gordon Smith DriveMobile, AL 36617-2319

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.20x

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

501(c)4 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

29.08x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2020

Net Margin

9th percentile

-28%

Higher net margin than 9% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$0

Higher top officer pay than 45% of similar nonprofits.

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

501(c)4 • $5M-$10M nonprofits • Source year 2020

Asset Growth

32nd percentile

-0.1%

Faster asset growth than 32% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

78%

Faster revenue growth than 78% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$7,701,549

Down $6,073 (-0.1%) from 2019

Liabilities

Up

$9,224,191

Up $81,334 (+0.9%) from 2019

Net Assets

Down

-$1,522,642

Down $87,407 (-6.1%) from 2019

Revenue

Up

$317,250

Up $139,250 (+78%) from 2019

Expenses

Down

$404,657

Down $20,148 (-4.7%) from 2019

Net Income

Up

-$87,407

Up $159,398 (+65%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2014: $9,066,381Liabilities 2014: $9,152,164Net Assets 2014: -$85,7832014Assets 2015: $8,972,476Liabilities 2015: $9,142,857Net Assets 2015: -$170,3812015Assets 2016: $8,622,415Liabilities 2016: $9,142,857Net Assets 2016: -$520,4422016Assets 2017: $8,267,007Liabilities 2017: $9,142,857Net Assets 2017: -$875,8502017Assets 2018: $7,958,806Liabilities 2018: $9,147,236Net Assets 2018: -$1,188,4302018Assets 2019: $7,707,622Liabilities 2019: $9,142,857Net Assets 2019: -$1,435,2352019Assets 2020: $7,701,549Liabilities 2020: $9,224,191Net Assets 2020: -$1,522,6422020

Highlighted filing

2020

Assets$7,701,549
Liabilities$9,224,191
Net Assets-$1,522,642

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KRevenue 2014: $0Expenses 2014: $85,783Net Income 2014: -$85,7832014Revenue 2015: $53,469Expenses 2015: $138,067Net Income 2015: -$84,5982015Revenue 2016: $71,292Expenses 2016: $421,353Net Income 2016: -$350,0612016Revenue 2017: $71,292Expenses 2017: $426,700Net Income 2017: -$355,4082017Revenue 2018: $140,073Expenses 2018: $452,653Net Income 2018: -$312,5802018Revenue 2019: $178,000Expenses 2019: $424,805Net Income 2019: -$246,8052019Revenue 2020: $317,250Expenses 2020: $404,657Net Income 2020: -$87,4072020

Highlighted filing

2020

Revenue$317,250
Expenses$404,657
Net Income-$87,407

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$71,292
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,585,496$8,330,927▼ $254,569
Cash and Non-Interest-Bearing Accounts$386,980$291,488▼ $95,492
Total Assets$8,972,476$8,622,415▼ $350,061
Liabilities
Other Liabilities$5,943,167$5,943,167→ $0
Mortgage Notes Payable Secured by Investment Property$3,199,690$3,199,690→ $0
Total Liabilities$9,142,857$9,142,857→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$-170,381$-520,442▼ $350,061
Total Net Assets Fund Balance$-170,381$-520,442▼ $350,061
Total Liabilities and Net Assets / Fund Balance$8,972,476$8,622,415▼ $350,061

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,135,769$307,620$4,443,389
Leasehold Improvements$3,791,193$116,455$3,907,648
Equipment$403,965$53,361$457,326
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bo MatteiChairman
Raymond BellVice Chair
E Bradford Ladd JrDirector
Allen LaddSecretary
Lewis ShreveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$71,292
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-350,061

Audited Revenue Reconciliation

Revenue per Audited Statements
$71,292
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$71,292
Total Revenue per Form 990
$71,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$421,353
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$254,514--$254,514
Interest$166,124--$166,124
Other Expenses$715--$715
Total Functional Expenses$421,353$0$0$421,353

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$421,353
Total Expenses per Audited Statements$421,353
Total Expenses per Form 990$421,353
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - Goodwill Easter Seals of the Gulf Coast, Inc$5,943,167
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

A copy of form 990 was provided to the organizations board and approved before it was filed

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

All interested persons are asked to volunteer any potential conflicts of interest. If a transaction with an interested person is to occur, it is disclosed to the governing board, and any person with a conflict of interest is recused from voting.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 available to the public upon request

Form 990, Part VI, Section C, Line 19

The organization makes all documents and financial statement information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ges Title Holding Corporation Inc
EIN
46-4272462
Phone
2514711581
Address
2448 GORDON SMITH DRIVE, MOBILE, AL 36617-2319

Signing Officer

Name
Frank D Harkins
Title
Chief Executive Officier
Phone
2514711581
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank D Harkins
Formed
2013
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Smith Dukes & Buckalew Llp
Address
3800 AIRPORT BLVD, MOBILE, AL 36608-1667
Preparer
April B Boudreaux
Phone
2513431200
Supplemental Narrative

Additional Explanations

Part III, Line 1

To hold real property for the exclusive use of goodwill industries/easter seals of the gulf coast, inc. And gordon smith center, inc. Ges title holding corporation will collect rents from goodwill easter seals, beginning in january of 2015. Ges title holding company will pay all expenses related to the operation and financing of the real properties and turn over all excess, if any, to goodwill easter seals for continuation of its mission, described below. Goodwill easter seals began operations in the subject properties in october of 2013 and will continue to expand. Any excess not accruing to goodwill easter seals shall be distributed to gordon smith center, inc. For its mission of housing entities serving people with disabilities. To obtain financing to improve real property and leasehold improvements for the exclusive use of goodwill industries/easter seals of the gulf coast, inc. And gordon smith center, inc. This will allow goodwill easter seals to expand its mission of "empowering people through encouragement, education and employment." specifically, such improvements will enable people to: 1) prepare for, take and pass the ged 2) obtain job skills and prepare for interviews, leading to employment 3) encourage social interaction and activities for adults with disabilities improvements on existing properties commenced in october of 2013 and financing commenced in december of 2013.

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight process or selection process during the year.

Financial Statement Notes

PART X, LINE 2:

The organization qualifies as a tax-exempt organization under section 501(c)(4) of the internal revenue code and, therefore, has no provision for federal income taxes. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expense reported on goodwill industrial easter seals of the gulf form 990

Raw XML Appendix360 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt071292
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IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
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IRS990/InterestGrp/ProgramServicesAmt0166124
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IRS990/IRPDocumentCnt00
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IRS990/OtherExpensesGrp/Desc0BANK SERVICE CHARGES
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IRS990/ProgramServiceRevenueGrp/Desc0FACILITIES RENTED TO G
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSE REPORTED ON GOODWILL INDUSTRIAL EASTER SEALS OF THE GULF FORM 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO HOLD REAL PROPERTY FOR THE EXCLUSIVE USE OF GOODWILL INDUSTRIES/EASTER SEALS OF THE GULF COAST, INC. AND GORDON SMITH CENTER, INC. GES TITLE HOLDING CORPORATION WILL COLLECT RENTS FROM GOODWILL EASTER SEALS, BEGINNING IN JANUARY OF 2015. GES TITLE HOLDING COMPANY WILL PAY ALL EXPENSES RELATED TO THE OPERATION AND FINANCING OF THE REAL PROPERTIES AND TURN OVER ALL EXCESS, IF ANY, TO GOODWILL EASTER SEALS FOR CONTINUATION OF ITS MISSION, DESCRIBED BELOW. GOODWILL EASTER SEALS BEGAN OPERATIONS IN THE SUBJECT PROPERTIES IN OCTOBER OF 2013 AND WILL CONTINUE TO EXPAND. ANY EXCESS NOT ACCRUING TO GOODWILL EASTER SEALS SHALL BE DISTRIBUTED TO GORDON SMITH CENTER, INC. FOR ITS MISSION OF HOUSING ENTITIES SERVING PEOPLE WITH DISABILITIES. TO OBTAIN FINANCING TO IMPROVE REAL PROPERTY AND LEASEHOLD IMPROVEMENTS FOR THE EXCLUSIVE USE OF GOODWILL INDUSTRIES/EASTER SEALS OF THE GULF COAST, INC. AND GORDON SMITH CENTER, INC. THIS WILL ALLOW GOODWILL EASTER SEALS TO EXPAND ITS MISSION OF "EMPOWERING PEOPLE THROUGH ENCOURAGEMENT, EDUCATION AND EMPLOYMENT." SPECIFICALLY, SUCH IMPROVEMENTS WILL ENABLE PEOPLE TO: 1) PREPARE FOR, TAKE AND PASS THE GED 2) OBTAIN JOB SKILLS AND PREPARE FOR INTERVIEWS, LEADING TO EMPLOYMENT 3) ENCOURAGE SOCIAL INTERACTION AND ACTIVITIES FOR ADULTS WITH DISABILITIES IMPROVEMENTS ON EXISTING PROPERTIES COMMENCED IN OCTOBER OF 2013 AND FINANCING COMMENCED IN DECEMBER OF 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATIONS BOARD AND APPROVED BEFORE IT WAS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INTERESTED PERSONS ARE ASKED TO VOLUNTEER ANY POTENTIAL CONFLICTS OF INTEREST. IF A TRANSACTION WITH AN INTERESTED PERSON IS TO OCCUR, IT IS DISCLOSED TO THE GOVERNING BOARD, AND ANY PERSON WITH A CONFLICT OF INTEREST IS RECUSED FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ALL DOCUMENTS AND FINANCIAL STATEMENT INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0APRIL B BOUDREAUX
ReturnHeader/ReturnTs02017-02-15T16:27:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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