Civic Intelligence

Mcps Real Properties Inc

990 • Fiscal year 2019 • EIN 47-1346772

Jul 01, 2018 to Jun 30, 2019 • Filed on May 03, 2020

Organization ProfileNA
109 Gardner TrailSalyersville, KY 41465

(606) 349-6117

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

132.53x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

27th percentile

-1.6%

Faster asset growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.2%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$20,369,936

Down $332,806 (-1.6%) from 2018

Net Assets

Up

$563,917

Up $149,753 (+36%) from 2018

Liabilities

Down

$19,806,019

Down $482,559 (-2.4%) from 2018

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin100th percentile

Revenue

Up

$149,444

Up $1,727 (+1.2%) from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Up

$149,444

Up $1,727 (+1.2%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$30M$20M$10M$0Assets 2015: $21,496,307Liabilities 2015: $21,475,400Net Assets 2015: $20,9072015Assets 2016: $19,937,662Liabilities 2016: $19,819,938Net Assets 2016: $117,7242016Assets 2017: $20,555,025Liabilities 2017: $20,288,578Net Assets 2017: $266,4472017Assets 2018: $20,702,742Liabilities 2018: $20,288,578Net Assets 2018: $414,1642018Assets 2019: $20,369,936Liabilities 2019: $19,806,019Net Assets 2019: $563,9172019Assets 2020: $20,497,979Liabilities 2020: $19,806,019Net Assets 2020: $691,9602020Assets 2021: $20,590,831Liabilities 2021: $19,825,484Net Assets 2021: $765,3472021

Highlighted filing

2019

Assets$20,369,936
Liabilities$19,806,019
Net Assets$563,917
Open 2019 Filing

Operations Trend

Revenue Growth42nd percentile

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

$150K$100K$50K$0Revenue 2015: $20,907Expenses 2015: $0Net Income 2015: $20,9072015Revenue 2016: $96,817Expenses 2016: $0Net Income 2016: $96,8172016Revenue 2017: $148,723Expenses 2017: $0Net Income 2017: $148,7232017Revenue 2018: $147,717Expenses 2018: $0Net Income 2018: $147,7172018Revenue 2019: $149,444Expenses 2019: $0Net Income 2019: $149,4442019Revenue 2020: $148,008Expenses 2020: $19,965Net Income 2020: $128,0432020Revenue 2021: $73,402Expenses 2021: $15Net Income 2021: $73,3872021

Highlighted filing

2019

Revenue$149,444
Expenses$0
Net Income$149,444
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 3, 2020
Return Version
2018v3.2
Gross Receipts
$149,444
Mission and Program Overview

Mission

Collaborating with the magoffin county board of education to acquire, finance and develop public properties and projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,315,430$19,841,785▲ $526,355
Savings and Temporary Cash Investments$1,313,915$454,750▼ $859,165
Accounts Receivable$73,397$73,401▲ $4
Total Assets$20,702,742$20,369,936▼ $332,806
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,400,000$19,400,000→ $0
Accounts Payable and Accrued Expenses$888,578$406,019▼ $482,559
Total Liabilities$20,288,578$19,806,019▼ $482,559
Net Assets / Fund Balance
Unrestricted Net Assets$414,164$563,917▲ $149,753
Total Net Assets Fund Balance$414,164$563,917▲ $149,753
Total Liabilities and Net Assets / Fund Balance$20,702,742$20,369,936▼ $332,806

Asset Categories

AssetBook ValueDepreciationBasis
Land$19,841,785-$19,841,785
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Kevin OwensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$146,791
Investment Income
$2,653
Other Revenue
$0
Change in Net Assets
$149,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$149,444
Total Revenue per Audited Statements
$149,444
Total Revenue per Form 990
$149,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Mcps Real Properties Inc
EIN
47-1346772
Address
109 GARDNER TRAIL, SALYERSVILLE, KY 41465

Signing Officer

Name
Kevin Owens
Title
Treasurer
Phone
6063496117
Signed
2020-05-03

Organization Details

Principal Officer
Kevin Owens
Formed
2014
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Cloyd & Associates Psc
Address
1700 FOREST DR, CORBIN, KY 40701-2316
Preparer
Wallace Smallwood CPA
Phone
6065288776
Supplemental Narrative

Additional Explanations

Form 990, Page 5, Part V, Line 3B

“NA”

Raw XML Appendix224 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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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/TaxPeriodEndDt02019-06-30
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,369,936
Liabilities
$19,806,019
Net assets
$563,917
Revenue
$149,444
Expenses
$0
Net income
$149,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$20.6$19.8$0.77$0.07$0.00$0.07
2020Detailed filing. Detailed filing data is available for this year.$20.5$19.8$0.69$0.15$0.02$0.13
2019Detailed filing. Detailed filing data is available for this year.$20.4$19.8$0.56$0.15$0.00$0.15
2018Detailed filing. Detailed filing data is available for this year.$20.7$20.3$0.41$0.15$0.00$0.15
2017Detailed filing. Detailed filing data is available for this year.$20.6$20.3$0.27$0.15$0.00$0.15
2016Summary only. Only limited summary data is available for this year.$19.9$19.8$0.12$0.10$0.00$0.10
2015Summary only. Only limited summary data is available for this year.$21.5$21.5$0.02$0.02$0.00$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $10M-$25M nonprofits