Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.38x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Down$401,510
Down $9,836 (-2.4%) from 2016
Net Assets
Down-$152,575
Down $13,875 (-10%) from 2016
Liabilities
Up$554,085
Up $4,039 (+0.7%) from 2016
Revenue And Expenses
Revenue
Up$74,685
Up $2,522 (+3.5%) from 2016
Expenses
Up$88,560
Up $14,471 (+20%) from 2016
Net Income
Down-$13,875
Down $11,949 (-620%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Aug 27, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $74,685
Mission and Program Overview
Mission
To provide low income housing
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOUSING FOR LOW AND MODERATE INCOME FAMILIES - 6 UNITS | $0 | $88,560 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CASEY BRILL | Board Member | - | $0 | - | - |
| JAMES BARBER | Treasurer | - | $0 | - | - |
| MIKE GRAFF | President | - | $0 | - | - |
| SHELLEY MURPHY | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Circle Properties Inc
- EIN
- 54-1149593
- Phone
- 7036423830
- Address
- 5515 CHEROKEE AVENUE SUITE 204, ALEXANDRIA, VA 22312
Signing Officer
- Name
- Shelley Murphy
- Title
- Secretary
- Phone
- 7036423830
- Signed
- 2018-08-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cohnreznick Llp
- Address
- 500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
- Preparer
- Damien Nickle CPA
- Phone
- 4107834900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest. Amount: 157.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expense. Amount: 679. Description: management fees. Amount: 3,669. Description: miscellaneous taxes & licenses. Amount: 25. Description: miscellaneous expenses. Amount: 932. Description: insurance expenses. Amount: 594. Description: telephone expense. Amount: 30. Description: bad debts. Amount: 154. Total to form 990-ez, line 16: 6,083.”
Form 990 Ez, Part I, Line 14
“Condo fees $34,628 contacts 6,743 depreciation & amortization 11,782 repairs & maintenance 2,803 real estate taxes 6,952 property & liability insurance 3,740 mortgage interest expense 9,736 utility 105 other renting expenses 155 total occupancy expense $76,643”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: net financing fees. Beg. Of year amount: 3,408. End of year amount: 2,982. Description: tenant security deposits. Beg. Of year amount: 2,163. End of year amount: 3,228. Description: replacement reserves and escrows. Beg. Of year amount: 17,082. End of year amount: 18,822. Description: prepaid expenses. Beg. Of year amount: 443. End of year amount: 0. Description: tenant accounts receivable. Beg. Of year amount: 35. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: mortgages and notes payable. Beg. Of year amount: 468,403. End of year amount: 460,810. Description: tenant security deposits. Beg. Of year amount: 2,148. End of year amount: 3,212. Description: due to affiliate. Beg. Of year amount: 79,463. End of year amount: 90,000. Description: prepaid rents. Beg. Of year amount: 13. End of year amount: 43. Description: accounts payable. Beg. Of year amount: 19. End of year amount: 20.”
Raw XML Appendix131 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WESLEY HOUSING DEVELOPMENT CORPORAT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7036423830 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5515 CHEROKEE AVE SUITE 204 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22312 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 10327 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9945 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13875 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5835 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 411346 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 401510 |
| IRS990EZ/GrossReceiptsAmt | 0 | 74685 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 157 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 377888 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 366533 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -138700 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -152575 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -138700 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -152575 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 76642 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CASEY BRILL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAMES BARBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIKE GRAFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SHELLEY MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 23131 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 25032 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6083 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE LOW INCOME HOUSING |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 74528 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOUSING FOR LOW AND MODERATE INCOME FAMILIES - 6 UNITS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 88560 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 550046 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 554085 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 88560 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 88560 |
| IRS990EZ/TotalRevenueAmt | 0 | 74685 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 157. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 679. DESCRIPTION: MANAGEMENT FEES. AMOUNT: 3,669. DESCRIPTION: MISCELLANEOUS TAXES & LICENSES. AMOUNT: 25. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 932. DESCRIPTION: INSURANCE EXPENSES. AMOUNT: 594. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 30. DESCRIPTION: BAD DEBTS. AMOUNT: 154. TOTAL TO FORM 990-EZ, LINE 16: 6,083. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CONDO FEES $34,628 CONTACTS 6,743 DEPRECIATION & AMORTIZATION 11,782 REPAIRS & MAINTENANCE 2,803 REAL ESTATE TAXES 6,952 PROPERTY & LIABILITY INSURANCE 3,740 MORTGAGE INTEREST EXPENSE 9,736 UTILITY 105 OTHER RENTING EXPENSES 155 TOTAL OCCUPANCY EXPENSE $76,643 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: NET FINANCING FEES. BEG. OF YEAR AMOUNT: 3,408. END OF YEAR AMOUNT: 2,982. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,163. END OF YEAR AMOUNT: 3,228. DESCRIPTION: REPLACEMENT RESERVES AND ESCROWS. BEG. OF YEAR AMOUNT: 17,082. END OF YEAR AMOUNT: 18,822. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 443. END OF YEAR AMOUNT: 0. DESCRIPTION: TENANT ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 35. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: MORTGAGES AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 468,403. END OF YEAR AMOUNT: 460,810. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,148. END OF YEAR AMOUNT: 3,212. DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 79,463. END OF YEAR AMOUNT: 90,000. DESCRIPTION: PREPAID RENTS. BEG. OF YEAR AMOUNT: 13. END OF YEAR AMOUNT: 43. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 19. END OF YEAR AMOUNT: 20. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990 EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHELLEY MURPHY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7036423830 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-08-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CIRCLE PROPERTIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CIRC |
| ReturnHeader/Filer/EIN | 0 | 541149593 |
| ReturnHeader/Filer/PhoneNum | 0 | 7036423830 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5515 CHEROKEE AVENUE SUITE 204 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALEXANDRIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22312 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 2E21FB21392521276ECBCA71CE173B16B4563FDE |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.3.217.20 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-08-27 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:27:27 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 221478099 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COHNREZNICK LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 EAST PRATT STREET 4TH FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BALTIMORE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 21202 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4107834900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAMIEN NICKLE CPA |
| ReturnHeader/ReturnTs | 0 | 2018-08-30T08:58:34-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $401,510
- Liabilities
- $554,085
- Net assets
- -$152,575
- Revenue
- $74,685
- Expenses
- $88,560
- Net income
- -$13,875