Civic Intelligence

Be Ready Community Development Corporation

990 • Fiscal year 2023 • EIN 51-0381849

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profilewww.bereadycdc.org
1411 W 4th StWilmington, DE 19805

(302) 655-2700

Siviq Scores

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

Liabilities / Assets

78th percentile

0.47x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

2.33x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

23rd percentile

$16,084

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

44th percentile

3.5%

Faster asset growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-28%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$5,134,064

Up $173,054 (+3.5%) from 2022

Net Assets

Up

$2,733,078

Up $231,827 (+9.3%) from 2022

Liabilities

Down

$2,400,986

Down $58,773 (-2.4%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin77th percentile

Revenue

Down

$1,028,542

Down $402,404 (-28%) from 2022

Expenses

Up

$796,715

Up $524,176 (+192%) from 2022

Net Income

Down

$231,827

Down $926,580 (-80%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$6.0M$4.0M$2.0M$0Assets 2016: $55,310Liabilities 2016: $50,0002016Assets 2017: $58,150Liabilities 2017: $65,7962017Assets 2018: $79,868Liabilities 2018: $59,7472018Assets 2019: $705,482Liabilities 2019: $14,077Net Assets 2019: $691,4052019Assets 2020: $1,630,248Liabilities 2020: $431,061Net Assets 2020: $1,199,1872020Assets 2021: $2,534,317Liabilities 2021: $1,191,473Net Assets 2021: $1,342,8442021Assets 2022: $4,961,010Liabilities 2022: $2,459,759Net Assets 2022: $2,501,2512022Assets 2023: $5,134,064Liabilities 2023: $2,400,986Net Assets 2023: $2,733,0782023

Highlighted filing

2023

Assets$5,134,064
Liabilities$2,400,986
Net Assets$2,733,078
Open 2023 Filing

Operations Trend

Revenue Growth13th percentile

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

$1.5M$1.0M$500K$0Revenue 2016: $79,609Expenses 2016: $79,609Net Income 2016: $02016Revenue 2017: $97,770Expenses 2017: $97,000Net Income 2017: $7702017Revenue 2018: $110,330Expenses 2018: $82,563Net Income 2018: $27,7672018Revenue 2019: $735,953Expenses 2019: $64,670Net Income 2019: $671,2832019Revenue 2020: $656,577Expenses 2020: $148,795Net Income 2020: $507,7822020Revenue 2021: $326,024Expenses 2021: $182,367Net Income 2021: $143,6572021Revenue 2022: $1,430,946Expenses 2022: $272,539Net Income 2022: $1,158,4072022Revenue 2023: $1,028,542Expenses 2023: $796,715Net Income 2023: $231,8272023

Highlighted filing

2023

Revenue$1,028,542
Expenses$796,715
Net Income$231,827
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,028,542
Mission and Program Overview

Mission

Be ready cdc ("brcdc") is a multifaceted faith-based community service organization whose mission is to develop programs and services to revitalize local communities by providing housing, education, social services, recreation and economic development. Brcdc serves at risk youths and their families primarily throughout new castle county and the city of wilmington.

To revitalize local communities by providing housing, education, social services, and recreation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,507,211$4,039,316▲ $532,105
Cash and Non-Interest-Bearing Accounts$167,497$825,573▲ $658,076
Accounts Receivable$131,305$140,860▲ $9,555
Savings and Temporary Cash Investments$1,098,430$66,198▼ $1,032,232
Prepaid Expenses and Deferred Charges$13,016$23,525▲ $10,509
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,961,010$5,134,064▲ $173,054
Other Assets Total$43,551$38,592▼ $4,959
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,230,767$2,089,868▼ $140,899
Accounts Payable and Accrued Expenses$203,258$279,662▲ $76,404
Other Liabilities$25,384$31,456▲ $6,072
Unsecured Notes Loans Payable$350$0▼ $350
Grants Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,459,759$2,400,986▼ $58,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,321,667$1,700,194▲ $378,527
Net Assets With Donor Restrictions$1,179,584$1,032,884▼ $146,700
Total Net Assets Fund Balance$2,501,251$2,733,078▲ $231,827
Total Liabilities and Net Assets / Fund Balance$4,961,010$5,134,064▲ $173,054

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,508,792$69,746$3,578,538
Land$467,523-$467,523
Equipment$63,001$21,317$84,318
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
emmanuel DeshieldspresidentPT$16,084$16,084
Regina RhodesSecretary-$9,243$9,243

Board Members and Trustees

NameTitle
margaret Moonvice President
Sarah JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$591,819
Program Service Revenue
$14,752
Investment Income
$535
Other Revenue
$421,436
All Other Contributions
$356,424
Change in Net Assets
$231,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$401,600
Other Expenses$369,788
Salaries, Compensation, and Employee Benefits$25,327
Total Fundraising Expense$12,554
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$401,600--$401,600
Fees for Services Other$105,546-$12,000$117,546
Occupancy$95,382$4,307$520$100,209
Depreciation Depletion$71,040--$71,040
Office Expenses$48,568$1,331$29$49,928
Current Officers, Directors, Trustees, and Key Employees$25,327--$25,327
Insurance$4,857$2,811$5$7,673
Interest-$4,291-$4,291
Other Expenses$3,467$37-$3,504
Travel$462$533-$995
Total Functional Expenses$770,651$13,510$12,554$796,715
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Village Hilltop FOundation IncWilmington, DE501(c)(3)Funding for Vertical farm Project$400,950
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gateway House- Subsidized Housing$25,000
Other Liabilities$5,722
Solomons Court Holding$384
Loans Payable$350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
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 11B

“Prior to filing, a copy of form 990 is provided to the board of directors for review. The board of directors may comment on any proposed changes or suggestions to management. A formal board action is performed annually to approve form 990.”

FORM 990, PART VI, SECTION C, LINE 19:

“The organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Be Ready Community Development
EIN
51-0381849
In Care Of
% THE ORGANIZATION
Phone
3026552700
Address
1411 W 4th St, Wilmington, DE 19805

Signing Officer

Name
Margaret Moon
Title
Executive Director
Phone
3026552700
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Moon
Formed
1998
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
7

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Rich Ruvelson
Phone
2155462140
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:contracted services total fees:85046”

Form 990 Part IX Line 11G

“Description:professional fees total fees:32500”

Financial Statement Notes

part X, Line 2:

“Be ready cdc has adopted an accounting standard regarding uncertain tax positions. The standard prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. Be ready cdc believes that it had no uncertain tax positions as defined in the standard.”

Raw XML AppendixShowing 400 of 493 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/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013016
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023525
IRS990/PrincipalOfficerNm0MARGARET MOON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014752
IRS990/ProgSrvcAccomActy2Grp/Desc0Transitional Housing- THE LAZARUS HOUSE AND ESTHER PLACE OFFER LONG-TERM TRANSITIONAL HOUSING AND SOCIAL SERVICES IN A COOPERATIVE LIVING ENVIRONMENT. THE LAZARUS HOUSE PROVIDES SERVICES FOR MEN, WHILE ESTHER PLACE IS FOR WOMEN AND CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0508261
IRS990/ProgSrvcAccomActy3Grp/Desc0Affordable Housing SOLOMON'S COURT WILL PROVIDE 18 AFFORDABLE AND ACCESSIBLE 1 AND 2 BEDROOM APARTMENTS AND COMMERCIAL SPACE FOR SMALL BUSINESSES FOR WHICH TRAINING WILL BE PROVIDED FOR SMALL BUSINESSES. 6 OF THE 18 UNITS WERE PLACED INTO SERVICE IN MARCH 2023.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0150979
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Community outreach
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt058981
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01418765
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt063030
IRS990/PYInvestmentIncomeAmt04641
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0209509
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07540
IRS990/PYRevenuesLessExpensesAmt01158407
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0272539
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01430946
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0231827
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt053839
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07500
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01098430
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066198
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 2019 AMOUNT: $ 300.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0591819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01418765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0310868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0631853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0386871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03340176
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04641
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0628
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0856
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt061470
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt061110
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0367597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0367897
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80019
IRS990ScheduleA/PublicSupportPY170Pct00.92930
IRS990ScheduleA/PublicSupportTotal170Amt03016349
IRS990ScheduleA/SubstantialContributorsTotAmt0323827
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0591819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01418765
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0310868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0631853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0386871
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03340176
IRS990ScheduleA/TotalSupportAmt03769543
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/EquipmentGrp/BookValueAmt063001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021317
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084318
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0467523
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0467523
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03508792
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069746
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03578538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt125000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35722
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SOLOMONS COURT HOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GATEWAY HOUSE- SUBSIDIZED HOUSING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOANS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3OTHER LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BE READY CDC HAS ADOPTED AN ACCOUNTING STANDARD REGARDING UNCERTAIN TAX POSITIONS. THE STANDARD PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. BE READY CDC BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0part x, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04039316
IRS990ScheduleD/TotalLiabilityAmt031456
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0400950
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funding for Vertical farm Project
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Village Hilltop FOundation Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0920804453
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03002 Charing Cross
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Wilmington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019808
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant submission required to include project description and budget at which time 50% of allocation is released. Upon completion of the project the grantee must submit a project report with supporting documentation covering the whole budget, at which time the other 50% of grant is released.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Description of Procedure for Monitoring Use of Funds
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING, A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS MAY COMMENT ON ANY PROPOSED CHANGES OR SUGGESTIONS TO MANAGEMENT. A FORMAL BOARD ACTION IS PERFORMED ANNUALLY TO APPROVE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:CONTRACTED SERVICES TOTAL FEES:85046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:32500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0be ready com
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0solomons court llc
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0824204884
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt04503464
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt058374

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,134,064
Liabilities
$2,400,986
Net assets
$2,733,078
Revenue
$1,028,542
Expenses
$796,715
Net income
$231,827
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.13$2.40$2.73$1.03$0.80$0.23
2022Detailed filing. Detailed filing data is available for this year.$4.96$2.46$2.50$1.43$0.27$1.16
2021Detailed filing. Detailed filing data is available for this year.$2.53$1.19$1.34$0.33$0.18$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.63$0.43$1.20$0.66$0.15$0.51
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.69$0.74$0.06$0.67
2018Summary only. Only limited summary data is available for this year.$0.08$0.06$0.11$0.08$0.03
2017Summary only. Only limited summary data is available for this year.$0.06$0.07$0.10$0.10$0.00
2016Summary only. Only limited summary data is available for this year.$0.06$0.05$0.08$0.08$0.00