Civic Intelligence

Accessible Housing Resources Inc.

990 • Fiscal year 2022 • EIN 51-0516399

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization ProfileWWW.AHRICB.ORG
P O Box 3394Corpus Christi, TX 78463

(361) 462-4420

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.83x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.13x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

14th percentile

-35%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

48%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$39,714

Down $21,627 (-35%) from 2021

Net Assets

$6,711

No earlier filing loaded for comparison.

Liabilities

Down

$33,003

Down $20,424 (-38%) from 2021

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin39th percentile

Revenue

Up

$256,268

Up $83,468 (+48%) from 2021

Expenses

Up

$257,472

Up $78,156 (+44%) from 2021

Net Income

Up

-$1,204

Up $5,312 (+82%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$100K$50K$0Assets 2010: $5,756Liabilities 2010: $2,431Net Assets 2010: $3,3252010Assets 2020: $81,423Liabilities 2020: $66,993Net Assets 2020: $14,4302020Assets 2021: $61,341Liabilities 2021: $53,4272021Assets 2022: $39,714Liabilities 2022: $33,003Net Assets 2022: $6,7112022

Highlighted filing

2022

Assets$39,714
Liabilities$33,003
Net Assets$6,711
Open 2022 Filing

Operations Trend

Revenue Growth72nd percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $101,367Expenses 2010: $12,763Net Income 2010: $88,6042010Revenue 2020: $262,289Expenses 2020: $268,353Net Income 2020: -$6,0642020Revenue 2021: $172,800Expenses 2021: $179,316Net Income 2021: -$6,5162021Revenue 2022: $256,268Expenses 2022: $257,472Net Income 2022: -$1,2042022

Highlighted filing

2022

Revenue$256,268
Expenses$257,472
Net Income-$1,204
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$256,268
Mission and Program Overview

Mission

The mission is to advance affordable, accessible and stable housing for those with the greatest need

Affordable housing develop and sustain affordable, accessible rental housing options

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$43,213-
Rtn Earn Endowment Incm Other Fnds$7,914$6,711▼ $1,203
Cash and Non-Interest-Bearing Accounts$-29$-3,499▼ $3,470
Other Assets Total$61,341--
Total Assets$61,312$39,714▼ $21,598
Liabilities
Unsecured Notes Loans Payable-$18,000-
Accounts Payable and Accrued Expenses$53,398$8,915▼ $44,483
Deferred Revenue-$6,088-
Total Liabilities$53,398$33,003▼ $20,395
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,914$6,711▼ $1,203
Total Liabilities and Net Assets / Fund Balance$61,312$39,714▼ $21,598
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Judy TelgePresident
Daniel GallegoVice President
Bruce WilsonDirector
Chloe DotsonDirector
Faryce Goode-mDirector
Melvin KimbrelDirector
Deborah SherriSecretary
Raymond SallouTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$256,268
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,472
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
Other Expenses$253,148--$253,148
Office Expenses$1,438--$1,438
Interest$1,378--$1,378
Insurance$1,294--$1,294
Travel$214--$214
Total Functional Expenses$257,472$0$0$257,472
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI

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

Filing and Contact Details

Filer

Filer Name
Accessible Housing Resources I
EIN
51-0516399
Address
P O BOX 3394, CORPUS CHRISTI, TX 78463

Signing Officer

Name
Judy Telge
Title
President
Phone
3614624420
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Telge
Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Palacios & Palacios Pc
Address
1121 MORGAN AVENUE, CORPUS CHRISTI, TX 78404
Preparer
Adelfino Palacios Jr
Phone
3618848322
Supplemental Narrative

Additional Explanations

Part IX Line 24 Other Functional Expenses

“Bad debt-3,239; bank fees-105; telephone-1,872 professional fees - 107,347; program expenses - 140,585”

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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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IX LINE 24 OTHER FUNCTIONAL EXPENSES
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,714
Liabilities
$33,003
Net assets
$6,711
Revenue
$256,268
Expenses
$257,472
Net income
-$1,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.33$0.07$2.56$2.57$0.01
2021Summary only. Only limited summary data is available for this year.$0.61$0.53$1.73$1.79$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.67$0.14$2.62$2.68$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.03$1.01$0.13$0.89