Civic Intelligence

Accessible Housing Resources Inc.

990 • Fiscal year 2020 • EIN 51-0516399

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 17, 2021

P O Box 3394Corpus Christi, TX 78463

(361) 851-7791

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.82x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.26x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

36th percentile

-2.3%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$81,423

Up $75,667 (+1315%) from 2010

Net Assets

Up

$14,430

Up $11,105 (+334%) from 2010

Liabilities

Up

$66,993

Up $64,562 (+2656%) from 2010

Revenue

Up

$262,289

Up $160,922 (+159%) from 2010

Expenses

Up

$268,353

Up $255,590 (+2003%) from 2010

Net Income

Down

-$6,064

Down $94,668 (-107%) from 2010

Historical Trend

Balance Sheet Trend

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

2020

Assets$81,423
Liabilities$66,993
Net Assets$14,430

Operations Trend

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

2020

Revenue$262,289
Expenses$268,353
Net Income-$6,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 17, 2021
Return Version
2020v4.1
Gross Receipts
$262,289
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$59,462$82,537▲ $23,075
Cash and Non-Interest-Bearing Accounts$303$-1,114▼ $1,417
Total Assets$59,765$81,423▲ $21,658
Liabilities
Mortgage Notes Payable Secured by Investment Property$36,520$49,573▲ $13,053
Accounts Payable and Accrued Expenses$1,415$9,373▲ $7,958
Deferred Revenue$1,106$8,047▲ $6,941
Other Liabilities$230--
Total Liabilities$39,271$66,993▲ $27,722
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,494$14,430▼ $6,064
Total Net Assets Fund Balance$20,494$14,430▼ $6,064
Total Liabilities and Net Assets / Fund Balance$59,765$81,423▲ $21,658
Compensation and Service Providers

Board Members and Trustees

NameTitle
Judy TelgePresident
Daniel GallegosVice President
Bruce WilsonDirector
Chloe DotsonDirector
Melvin KimbrellDirector
Deborah SherrillSecretary
Raymond SalloumTresurer
Revenue and Support

Revenue Composition

Contributions and Grants
$251,964
Program Service Revenue
$10,325
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,000
Change in Net Assets
$-6,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,353
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
Fees for Services Management$38,812$20,693-$59,505
Occupancy$4,357$1,141-$5,498
Office Expenses$1,643$157-$1,800
Insurance$1,039$237-$1,276
Interest$1,116--$1,116
Other Expenses$239$236-$236
Total Functional Expenses$245,825$22,528$0$268,353
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Copy of Form 990 is mailed to each Board Member for review

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

Board members sign disclosure form annually.

Form 990, Part VI, Section B, Line 15

Organization has no employees. Board members perform administrative functions.

Filing and Contact Details

Filer

Filer Name
Accessible Housing Resources Inc
EIN
51-0516399
Phone
3618517791
Address
P O BOX 3394, Corpus Christi, TX 78463

Signing Officer

Name
Judy Telge
Title
President
Signed
2021-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Telge
Formed
2003
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Juaquin Jake Sanchez CPA
Address
2820 S Padre Island Dr Ste 198 Box, Corpus Christi, TX 78415
Preparer
Juaquin J Sanchez
Phone
3618518722
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ReturnHeader/TaxYr02020

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