Civic Intelligence

Dima V Inc.

990 • Fiscal year 2017 • EIN 51-0362626

Oct 01, 2016 to Sep 30, 2017 • Filed on Jul 27, 2018

2400 West Fourth StreetWilmington, DE 19805

(302) 427-0787

Siviq Scores

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

Liabilities / Assets

97th percentile

1.56x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

13.40x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

9th percentile

-33%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

34th percentile

-1.6%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

3.2%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$567,141

Down $8,941 (-1.6%) from 2016

Net Assets

Down

-$315,448

Down $21,961 (-7.5%) from 2016

Liabilities

Up

$882,589

Up $13,020 (+1.5%) from 2016

Revenue

Up

$65,861

Up $2,029 (+3.2%) from 2016

Expenses

Up

$87,822

Up $7,308 (+9.1%) from 2016

Net Income

Down

-$21,961

Down $5,279 (-32%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $657,279Liabilities 2011: $862,377Net Assets 2011: -$205,0982011Assets 2012: $642,250Liabilities 2012: $862,375Net Assets 2012: -$220,1252012Assets 2013: $623,831Liabilities 2013: $862,290Net Assets 2013: -$238,4592013Assets 2014: $605,953Liabilities 2014: $861,704Net Assets 2014: -$255,7512014Assets 2015: $585,176Liabilities 2015: $861,981Net Assets 2015: -$276,8052015Assets 2016: $576,082Liabilities 2016: $869,569Net Assets 2016: -$293,4872016Assets 2017: $567,141Liabilities 2017: $882,589Net Assets 2017: -$315,4482017Assets 2018: $539,486Liabilities 2018: $873,320Net Assets 2018: -$333,8342018Assets 2019: $527,442Liabilities 2019: $876,253Net Assets 2019: -$348,8112019Assets 2020: $511,568Liabilities 2020: $881,168Net Assets 2020: -$369,6002020Assets 2021: $486,536Liabilities 2021: $884,363Net Assets 2021: -$397,8272021Assets 2022: $452,119Liabilities 2022: $894,694Net Assets 2022: -$442,5752022Assets 2023: $435,119Liabilities 2023: $891,424Net Assets 2023: -$456,3052023

Highlighted filing

2017

Assets$567,141
Liabilities$882,589
Net Assets-$315,448

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $66,796Expenses 2011: $76,836Net Income 2011: -$10,0402011Expenses 2012: $78,8092012Expenses 2013: $77,2182013Revenue 2014: $62,167Expenses 2014: $79,459Net Income 2014: -$17,2922014Revenue 2015: $63,875Expenses 2015: $84,929Net Income 2015: -$21,0542015Revenue 2016: $63,832Expenses 2016: $80,514Net Income 2016: -$16,6822016Revenue 2017: $65,861Expenses 2017: $87,822Net Income 2017: -$21,9612017Revenue 2018: $69,100Expenses 2018: $87,486Net Income 2018: -$18,3862018Revenue 2019: $66,487Expenses 2019: $89,379Net Income 2019: -$22,8922019Revenue 2020: $69,873Expenses 2020: $89,972Net Income 2020: -$20,0992020Revenue 2021: $61,200Expenses 2021: $89,427Net Income 2021: -$28,2272021Revenue 2022: $64,667Expenses 2022: $109,415Net Income 2022: -$44,7482022Revenue 2023: $81,699Expenses 2023: $95,429Net Income 2023: -$13,7302023

Highlighted filing

2017

Revenue$65,861
Expenses$87,822
Net Income-$21,961
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jul 27, 2018
Return Version
2016v3.1
Gross Receipts
$65,861
Mission and Program Overview

Mission

To provide safe, affordable housing to those in our community who are living with mental illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$444,581$438,768▼ $5,813
Investments Program Related$127,862$124,967▼ $2,895
Cash and Non-Interest-Bearing Accounts$2,135$972▼ $1,163
Accounts Receivable$68$613▲ $545
Total Assets$576,082$567,141▼ $8,941
Other Assets Total$1,436$1,821▲ $385
Liabilities
Tax Exempt Bond Liabilities$850,100$850,100→ $0
Accounts Payable and Accrued Expenses$15,398$27,898▲ $12,500
Unsecured Notes Loans Payable$2,850$2,850→ $0
Other Liabilities$1,137$1,212▲ $75
Deferred Revenue$84$529▲ $445
Total Liabilities$869,569$882,589▲ $13,020
Net Assets / Fund Balance
Unrestricted Net Assets$-293,487$-315,448▼ $21,961
Total Net Assets Fund Balance$-293,487$-315,448▼ $21,961
Total Liabilities and Net Assets / Fund Balance$576,082$567,141▼ $8,941

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,156--
Buildings$327,357$387,153-
Other Land Buildings$5,099$7,263-
Land$93,000--
Equipment$13,312$13,197-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Burley MeltonPresident
Caroline a MolterBoard Member
John SmootsBoard Member
R Nelson FranzBoard Member
Richard PattersonBoard Member
Simon ShuteBoard Member
Marie LafevreSecretary
Frasier Van VelsorTreasurer
Dee DickmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$36,101
Program Service Revenue
$26,080
Investment Income
$3,392
Other Revenue
$288
Change in Net Assets
$-21,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,861
Total Revenue per Audited Statements
$65,861
Total Revenue per Form 990
$65,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,827
Salaries, Compensation, and Employee Benefits$15,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$24,400--$24,400
Depreciation Depletion$22,544--$22,544
Other Salaries and Wages$12,715--$12,715
Fees for Services Accounting$6,080$1,520-$7,600
Fees for Services Management$6,063$1,516-$7,579
Fees for Service Investment Mgmnt Fees$5,451--$5,451
Insurance$2,501--$2,501
Other Employee Benefits$2,135--$2,135
Office Expenses$1,346--$1,346
Payroll Taxes$1,145--$1,145
Travel$358--$358
Advertising$38--$38
Conferences and Meetings$10--$10
Total Functional Expenses$84,786$3,036$0$87,822

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$87,822
Total Expenses per Audited Statements$87,822
Total Expenses per Form 990$87,822
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 Liability$1,212
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by the executive director and the treasurer in draft form. Once comments and questions have been addressed, the final draft of the form 990 is provided to the board of trustees for review prior to filing.

Form 990, Page 6, Part VI, Line 15A

The board approves all executive compensation; currently the organization has no direct employees.

Form 990, Page 6, Part VI, Line 15B

The board approves all other compensation; currently the organization has no direct employees.

Form 990, Page 6, Part VI, Line 18

The project's form 990 is also available on the guidestar website for inspection.

Form 990, Page 6, Part VI, Line 19

These documents and others are available at the property manager's corporate offices.

Filing and Contact Details

Filer

Filer Name
Dima V Inc
EIN
51-0362626
Phone
3024270787
Address
2400 WEST FOURTH STREET, WILMINGTON, DE 19805

Signing Officer

Name
Adele P Foltz
Title
Director of Finance
Phone
3024270787
Signed
2018-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Burley Melton
Formed
1994
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
19

Preparer

Firm
Whisman Giordano & Associates LLC
Address
111 CONTINENTAL DR STE 210, NEWARK, DE 19713-4330
Preparer
Joseph a Giordano CPA
Phone
3022660202
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The financial accounting standards board on statements pertaining to the accounting for uncertainty in income taxes recognized in the financial statements prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. The federal returns of the organization for the three prior years are subject to examination by the irs, generally for three years after they are filed. The tax positions taken by the organization during these years are based on clear and unambiguous tax law; management has a high level of confidence in the technical merits of the positions taken.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05850
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt026080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020693
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt023645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt027019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt028339
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0125776
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05850
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IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
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IRS990ScheduleA/PublicSupportPY509Pct00.92970
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt058200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt061000
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0387153
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0714510
IRS990ScheduleD/EquipmentGrp/BookValueAmt013312
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013197
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt026509
IRS990ScheduleD/ExpensesSubtotalAmt087822
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0123811
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11156
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPLACEMENT RESERVE FED MTG SERCURIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESIDUAL RECIEPTS MONEY MARKET
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LandGrp/BookValueAmt093000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt093000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05099
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07263
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt012362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt065861
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL ACCOUNTING STANDARDS BOARD ON STATEMENTS PERTAINING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FEDERAL RETURNS OF THE ORGANIZATION FOR THE THREE PRIOR YEARS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE TAX POSITIONS TAKEN BY THE ORGANIZATION DURING THESE YEARS ARE BASED ON CLEAR AND UNAMBIGUOUS TAX LAW; MANAGEMENT HAS A HIGH LEVEL OF CONFIDENCE IN THE TECHNICAL MERITS OF THE POSITIONS TAKEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0438768
IRS990ScheduleD/TotalBookValueProgramRltdAmt0124967
IRS990ScheduleD/TotalExpensesPerForm990Amt087822
IRS990ScheduleD/TotalLiabilityAmt01212
IRS990ScheduleD/TotalRevenuePerForm990Amt065861
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt065861
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt087822
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER IN DRAFT FORM. ONCE COMMENTS AND QUESTIONS HAVE BEEN ADDRESSED, THE FINAL DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD APPROVES ALL EXECUTIVE COMPENSATION; CURRENTLY THE ORGANIZATION HAS NO DIRECT EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD APPROVES ALL OTHER COMPENSATION; CURRENTLY THE ORGANIZATION HAS NO DIRECT EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROJECT'S FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE DOCUMENTS AND OTHERS ARE AVAILABLE AT THE PROPERTY MANAGER'S CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt0850100
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt0850100
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt036101
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03036
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt084786
IRS990/TotalFunctionalExpensesGrp/TotalAmt087822
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0869569
IRS990/TotalLiabilitiesEOYAmt0882589
IRS990/TotalLiabilitiesGrp/BOYAmt0869569
IRS990/TotalLiabilitiesGrp/EOYAmt0882589
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-293487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-315448
IRS990/TotalProgramServiceExpensesAmt084786
IRS990/TotalProgramServiceRevenueAmt026080
IRS990/TotalRevenueGrp/ExclusionAmt03392
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026368
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt065861
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0576082
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0567141
IRS990/TravelGrp/ProgramServicesAmt0358
IRS990/TravelGrp/TotalAmt0358
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-293487
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-315448
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt02850
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt02850
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02400 WEST 4TH ST
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019805
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADELE P FOLTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum03024270787
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DIMA V INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.35$8.91$4.56$0.82$0.95$0.14
2022Summary only. Only limited summary data is available for this year.$4.52$8.95$4.43$0.65$1.09$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$8.84$3.98$0.61$0.89$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$8.81$3.70$0.70$0.90$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$8.76$3.49$0.66$0.89$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$8.73$3.34$0.69$0.87$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.67$8.83$3.15$0.66$0.88$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.76$8.70$2.93$0.64$0.81$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.85$8.62$2.77$0.64$0.85$0.21
2014Detailed filing. Detailed filing data is available for this year.$6.06$8.62$2.56$0.62$0.79$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$8.62$2.38$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.42$8.62$2.20$0.79
2011Summary only. Only limited summary data is available for this year.$6.57$8.62$2.05$0.67$0.77$0.10
Peer Organizations

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