Civic Intelligence

Home Partnership Inc.

990 • Fiscal year 2021 • EIN 52-1892575

Jul 01, 2020 to Jun 30, 2021 • Filed on May 15, 2022

626 Towne Center Dr Ste 102Joppatowne, MD 21085

(410) 679-3200

Siviq Scores

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

Liabilities / Assets

87th percentile

0.51x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.62x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

14th percentile

-16%

Higher net margin than 14% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$95,798

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

140%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$605,531

Down $251,064 (-29%) from 2020

Net Assets

Up

$294,854

Up $38,511 (+15%) from 2020

Liabilities

Down

$310,677

Down $289,575 (-48%) from 2020

Revenue

Up

$500,067

Up $291,518 (+140%) from 2020

Expenses

Up

$581,824

Up $338,588 (+139%) from 2020

Net Income

Down

-$81,757

Down $47,070 (-136%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $975,835Liabilities 2011: $60,165Net Assets 2011: $915,6702011Assets 2012: $860,541Liabilities 2012: $16,447Net Assets 2012: $844,0942012Assets 2013: $765,403Liabilities 2013: $176,809Net Assets 2013: $588,5942013Assets 2014: $596,242Liabilities 2014: $158,411Net Assets 2014: $437,8312014Assets 2015: $715,135Liabilities 2015: $469,135Net Assets 2015: $246,0002015Assets 2016: $444,945Liabilities 2016: $340,279Net Assets 2016: $104,6662016Assets 2017: $1,150,977Liabilities 2017: $679,964Net Assets 2017: $471,0132017Assets 2018: $831,163Liabilities 2018: $429,810Net Assets 2018: $401,3532018Assets 2019: $1,104,395Liabilities 2019: $813,365Net Assets 2019: $291,0302019Assets 2020: $856,595Liabilities 2020: $600,252Net Assets 2020: $256,3432020Assets 2021: $605,531Liabilities 2021: $310,677Net Assets 2021: $294,8542021Assets 2022: $644,819Liabilities 2022: $146,339Net Assets 2022: $498,4802022Assets 2023: $488,792Liabilities 2023: $121,717Net Assets 2023: $367,0752023Assets 2024: $392,206Liabilities 2024: $69,711Net Assets 2024: $322,4952024

Highlighted filing

2021

Assets$605,531
Liabilities$310,677
Net Assets$294,854

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,011,962Expenses 2011: $1,101,364Net Income 2011: -$89,4022011Revenue 2012: $199,403Expenses 2012: $270,979Net Income 2012: -$71,5762012Revenue 2013: $372,482Expenses 2013: $627,982Net Income 2013: -$255,5002013Revenue 2014: $616,703Expenses 2014: $767,466Net Income 2014: -$150,7632014Revenue 2015: $351,789Expenses 2015: $543,620Net Income 2015: -$191,8312015Revenue 2016: $438,330Expenses 2016: $579,664Net Income 2016: -$141,3342016Revenue 2017: $732,892Expenses 2017: $366,545Net Income 2017: $366,3472017Revenue 2018: $575,490Expenses 2018: $645,150Net Income 2018: -$69,6602018Revenue 2019: $119,525Expenses 2019: $229,848Net Income 2019: -$110,3232019Revenue 2020: $208,549Expenses 2020: $243,236Net Income 2020: -$34,6872020Revenue 2021: $500,067Expenses 2021: $581,824Net Income 2021: -$81,7572021Revenue 2022: $550,102Expenses 2022: $346,476Net Income 2022: $203,6262022Revenue 2023: $97,241Expenses 2023: $228,646Net Income 2023: -$131,4052023Revenue 2024: $48,951Expenses 2024: $93,531Net Income 2024: -$44,5802024

Highlighted filing

2021

Revenue$500,067
Expenses$581,824
Net Income-$81,757
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 15, 2022
Return Version
2020v4.0
Gross Receipts
$500,067
Mission and Program Overview

Mission

Housing advocacy for low to moderate income individuals and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$380,000$380,000→ $0
Cash and Non-Interest-Bearing Accounts$79,173$107,960▲ $28,787
Land, Buildings, and Equipment, Net$9,988$10,777▲ $789
Prepaid Expenses and Deferred Charges$1,799$2,943▲ $1,144
Accounts Receivable$1,284$0▼ $1,284
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$856,595$605,531▼ $251,064
Other Assets Total$384,351$103,851▼ $280,500
Liabilities
Other Liabilities$292,815$151,970▼ $140,845
Mortgage Notes Payable Secured by Investment Property$300,000$118,890▼ $181,110
Deferred Revenue-$31,000-
Accounts Payable and Accrued Expenses$7,437$8,817▲ $1,380
Total Liabilities$600,252$310,677▼ $289,575
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$256,343$294,854▲ $38,511
Total Net Assets Fund Balance$256,343$294,854▲ $38,511
Total Liabilities and Net Assets / Fund Balance$856,595$605,531▼ $251,064

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,777$27,067$37,844
Other Assets Org$2,800--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank HodgettsCEOPT$90,000$5,798$95,798

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$107,259
Program Service Revenue
$392,522
Investment Income
$286
Other Revenue
$0
All Other Contributions
$4,200
Change in Net Assets
$-81,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$422,787
Salaries, Compensation, and Employee Benefits$159,037
Total Fundraising Expense$18,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$67,060$19,160$9,580$95,800
Other Salaries and Wages$36,400$10,400$5,200$52,000
Fees for Services Accounting-$31,538-$31,538
Fees for Services Other$12,279--$12,279
Payroll Taxes$7,866$2,247$1,124$11,237
Occupancy$6,394$1,827$913$9,134
Information Technology$5,977$1,708$854$8,539
Interest$7,712--$7,712
Office Expenses$3,751$1,615$502$5,868
Insurance$4,467$1,010$61$5,538
Travel$3,309$945$473$4,727
Depreciation Depletion$2,401$600-$3,001
Other Expenses$2,129$1,284$195$2,129
Total Functional Expenses$490,588$72,334$18,902$581,824
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to related party$150,670
Tenant security deposit liability$1,300
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Organziation provides a copy of form 990 to the governing body before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Organization requires all employees and directors to sign statements each year indicating that they have no conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors compares data of compatable organizations to determine the compensation of the CEO.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Home Partnership Inc
EIN
52-1892575
Phone
4106793200
Address
626 Towne Center Dr Ste 102, Joppatowne, MD 21085

Signing Officer

Name
Frank Hodgetts
Title
CEO
Signed
2022-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
DS Accounting Group
Address
6601 Baythorne Rd, Baltimore, MD 21209
Preparer
David Steingroot CPA
Phone
4103369677
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IRS990/OtherAssetsTotalGrp/EOYAmt0103851
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Cost of house sale
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Taxes and licenses
IRS990/OtherExpensesGrp/FundraisingAmt0195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01284
IRS990/OtherExpensesGrp/ProgramServicesAmt0326935
IRS990/OtherExpensesGrp/ProgramServicesAmt13908
IRS990/OtherExpensesGrp/ProgramServicesAmt22129
IRS990/OtherExpensesGrp/TotalAmt0326935
IRS990/OtherExpensesGrp/TotalAmt15387
IRS990/OtherExpensesGrp/TotalAmt22129
IRS990/OtherLiabilitiesGrp/BOYAmt0292815
IRS990/OtherLiabilitiesGrp/EOYAmt0151970
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010400
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036400
IRS990/OtherSalariesAndWagesGrp/TotalAmt052000
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0380000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0380000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01124
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02247
IRS990/PayrollTaxesGrp/ProgramServicesAmt07866
IRS990/PayrollTaxesGrp/TotalAmt011237
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01799
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02943
IRS990/PriorPeriodAdjustmentsAmt0120268
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0Developer fees
IRS990/ProgramServiceRevenueGrp/Desc1Housing counseling
IRS990/ProgramServiceRevenueGrp/Desc2Management fees
IRS990/ProgramServiceRevenueGrp/Desc3Property sales
IRS990/ProgramServiceRevenueGrp/Desc4Rental fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1101992
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3259900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1101992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3259900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410200
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt044043
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt082907
IRS990/PYOtherRevenueAmt0121348
IRS990/PYProgramServiceRevenueAmt043152
IRS990/PYRevenuesLessExpensesAmt0-34687
IRS990/PYSalariesCompEmpBnftPaidAmt0160329
IRS990/PYTotalExpensesAmt0243236
IRS990/PYTotalRevenueAmt0208549
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-81757
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0392522
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0107259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt044043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt099484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0476179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0763470
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0341
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0647
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01357087
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99930
IRS990ScheduleA/PublicSupportTotal170Amt0763470
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0107259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt044043
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt099484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0476179
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0763470
IRS990ScheduleA/TotalSupportAmt0764117
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/OtherAssetsOrgGrp/BookValueAmt02000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118196
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt280855
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32800
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from related party
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Properties held for resale
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Security deposit cash
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010777
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027067
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to related party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposit liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010777
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0103851
IRS990ScheduleD/TotalLiabilityAmt0151970

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.07$0.32$0.05$0.09$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.12$0.37$0.10$0.23$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.15$0.50$0.55$0.35$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.31$0.29$0.50$0.58$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.60$0.26$0.21$0.24$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.81$0.29$0.12$0.23$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.43$0.40$0.58$0.65$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.68$0.47$0.73$0.37$0.37
2016Summary only. Only limited summary data is available for this year.$0.44$0.34$0.10$0.44$0.58$0.14
2015Summary only. Only limited summary data is available for this year.$0.72$0.47$0.25$0.35$0.54$0.19
2014Summary only. Only limited summary data is available for this year.$0.60$0.16$0.44$0.62$0.77$0.15
2013Summary only. Only limited summary data is available for this year.$0.77$0.18$0.59$0.37$0.63$0.26
2012Summary only. Only limited summary data is available for this year.$0.86$0.02$0.84$0.20$0.27$0.07
2011Summary only. Only limited summary data is available for this year.$0.98$0.06$0.92$1.01$1.10$0.09