Civic Intelligence

Home Partnership Inc.

990 • Fiscal year 2022 • EIN 52-1892575

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 04, 2022

626 Towne Center Dr Ste 102Joppa, MD 21085

(410) 679-3200

Siviq Scores

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

Liabilities / Assets

77th percentile

0.23x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.27x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

88th percentile

$100,447

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

59th percentile

6.5%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

10%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$644,819

Up $39,288 (+6.5%) from 2021

Net Assets

Up

$498,480

Up $203,626 (+69%) from 2021

Liabilities

Down

$146,339

Down $164,338 (-53%) from 2021

Revenue

Up

$550,102

Up $50,035 (+10%) from 2021

Expenses

Down

$346,476

Down $235,348 (-40%) from 2021

Net Income

Up

$203,626

Up $285,383 (+349%) from 2021

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

2022

Assets$644,819
Liabilities$146,339
Net Assets$498,480

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

2022

Revenue$550,102
Expenses$346,476
Net Income$203,626
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 4, 2022
Return Version
2021v4.1
Gross Receipts
$550,102
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$107,960$239,320▲ $131,360
Pledges and Grants Receivable-$12,830-
Land, Buildings, and Equipment, Net$10,777$7,776▼ $3,001
Prepaid Expenses and Deferred Charges$2,943$4,893▲ $1,950
Savings and Temporary Cash Investments-$0-
Accounts 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$605,531$644,819▲ $39,288
Other Assets Total$103,851$0▼ $103,851
Liabilities
Other Liabilities$151,970$130,522▼ $21,448
Mortgage Notes Payable Secured by Investment Property$118,890--
Deferred Revenue$31,000--
Accounts Payable and Accrued Expenses$8,817$15,817▲ $7,000
Total Liabilities$310,677$146,339▼ $164,338
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$294,854$498,480▲ $203,626
Total Net Assets Fund Balance$294,854$498,480▲ $203,626
Total Liabilities and Net Assets / Fund Balance$605,531$644,819▲ $39,288

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,776$30,068$37,844
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank HodgettsCEOPT$92,346$8,101$100,447

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$81,250
Program Service Revenue
$468,267
Investment Income
$585
Other Revenue
$0
All Other Contributions
$6,700
Change in Net Assets
$203,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,310
Other Expenses$168,166
Total Fundraising Expense$18,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$71,448$21,766$9,733$102,947
Other Salaries and Wages$36,400$21,373$5,200$62,973
Fees for Services Other$3,609$15,500-$19,109
Fees for Services Accounting-$16,289-$16,289
Payroll Taxes$8,054$3,221$1,115$12,390
Occupancy$6,983$2,446$847$10,276
Office Expenses$6,568$2,734$456$9,758
Information Technology$5,901$2,361$817$9,079
Travel$2,856$1,142$395$4,393
Depreciation Depletion$2,401$600-$3,001
Insurance$999$1,048$55$2,102
Other Expenses$274$93$52$274
Total Functional Expenses$239,233$88,573$18,670$346,476
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$130,522
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, Joppa, MD 21085

Signing Officer

Name
Frank Hodgetts
Title
CEO
Signed
2022-12-04
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
DS Accounting Group
Address
6601 Baythorne Rd, Baltimore, MD 21209
Preparer
David Steingroot CPA
Phone
4103369677
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IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Taxes and licenses
IRS990/OtherExpensesGrp/FundraisingAmt052
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt093
IRS990/OtherExpensesGrp/ProgramServicesAmt092114
IRS990/OtherExpensesGrp/ProgramServicesAmt11626
IRS990/OtherExpensesGrp/ProgramServicesAmt2274
IRS990/OtherExpensesGrp/TotalAmt092114
IRS990/OtherExpensesGrp/TotalAmt11771
IRS990/OtherExpensesGrp/TotalAmt2274
IRS990/OtherLiabilitiesGrp/BOYAmt0151970
IRS990/OtherLiabilitiesGrp/EOYAmt0130522
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021373
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036400
IRS990/OtherSalariesAndWagesGrp/TotalAmt062973
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0380000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0380000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01115
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03221
IRS990/PayrollTaxesGrp/ProgramServicesAmt08054
IRS990/PayrollTaxesGrp/TotalAmt012390
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012830
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02943
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04893
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Developer fees
IRS990/ProgramServiceRevenueGrp/Desc1Housing counseling
IRS990/ProgramServiceRevenueGrp/Desc2Management fees
IRS990/ProgramServiceRevenueGrp/Desc3Property sales
IRS990/ProgramServiceRevenueGrp/Desc4Secondary financing rev
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0242696
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2100000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3105571
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0242696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3105571
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0107259
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0286
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0422787
IRS990/PYProgramServiceRevenueAmt0392522
IRS990/PYRevenuesLessExpensesAmt0-81757
IRS990/PYSalariesCompEmpBnftPaidAmt0159037
IRS990/PYTotalExpensesAmt0581824
IRS990/PYTotalRevenueAmt0500067
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0203626
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0468267
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0368541
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0891
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01568982
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99760
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt0368541
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt044043
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt036505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099484
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0368541
IRS990ScheduleA/TotalSupportAmt0369432
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/OtherLandBuildingsGrp/BookValueAmt07776
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030068
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0130522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to related party
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07776
IRS990ScheduleD/TotalLiabilityAmt0130522
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organziation provides a copy of form 990 to the governing body before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization requires all employees and directors to sign statements each year indicating that they have no conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of directors compares data of compatable organizations to determine the compensation of the CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false

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