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.
1.40x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% 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
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Down$386,362
Down $8,839 (-2.2%) from 2018
Net Assets
Down-$154,531
Down $3,637 (-2.4%) from 2018
Liabilities
Down$540,893
Down $5,202 (-1.0%) from 2018
Revenue And Expenses
Revenue
Up$82,776
Up $1,361 (+1.7%) from 2018
Expenses
Up$86,413
Up $6,679 (+8.4%) from 2018
Net Income
Down-$3,637
Down $5,318 (-316%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Oct 28, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $82,776
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 | $86,413 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CASEY BRILL | Treasurer | - | $0 | - | - |
| JAMES BARBER | Board Member | - | $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
- 2020-10-28
- 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: 476.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: management fees. Amount: 4,119. Description: miscellaneous expenses. Amount: 774. Description: insurance expenses. Amount: 479. Description: office expenses. Amount: 675. Description: taxes. Amount: 1,074. Description: telephone expenses. Amount: 24. Description: legal expenses. Amount: 207. Total to form 990-ez, line 16: 7,352.”
Form 990 Ez, Part I, Line 14
“Salaries & wages 5,184 taxes 7,322 repairs and maintenance 4,613 assessments & condo fees 34,628 interest expense 9,023 depreciation & amortization 11,782 property & liability insurance 2,152 appliances / replacements 697 other renting expenses 2,010 occupancy expense total: 77,411”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: net financing fees. Beg. Of year amount: 2,556. End of year amount: 2,130. Description: tenant security deposits. Beg. Of year amount: 4,675. End of year amount: 5,858. Description: replacement reserves and escrows. Beg. Of year amount: 20,586. End of year amount: 22,588. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 470.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: mortgages and notes payable. Beg. Of year amount: 452,870. End of year amount: 444,807. Description: tenant security deposits. Beg. Of year amount: 3,211. End of year amount: 4,080. Description: due to affiliate. Beg. Of year amount: 90,000. End of year amount: 90,000. Description: prepaid rents. Beg. Of year amount: 14. End of year amount: 289. Description: miscellaneous current liabilities. Beg. Of year amount: 0. End of year amount: 1,717.”
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 | 12207 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 11495 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3637 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1650 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 395201 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 386362 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82776 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 476 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 355177 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 343821 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -150894 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -154531 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -150894 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -154531 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 77411 |
| 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 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| 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 | 27817 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 31046 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7352 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE LOW INCOME HOUSING |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 82300 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOUSING FOR LOW AND MODERATE INCOME FAMILIES - 6 UNITS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 86413 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 546095 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 540893 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 86413 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 86413 |
| IRS990EZ/TotalRevenueAmt | 0 | 82776 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 476. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MANAGEMENT FEES. AMOUNT: 4,119. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 774. DESCRIPTION: INSURANCE EXPENSES. AMOUNT: 479. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 675. DESCRIPTION: TAXES. AMOUNT: 1,074. DESCRIPTION: TELEPHONE EXPENSES. AMOUNT: 24. DESCRIPTION: LEGAL EXPENSES. AMOUNT: 207. TOTAL TO FORM 990-EZ, LINE 16: 7,352. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SALARIES & WAGES 5,184 TAXES 7,322 REPAIRS AND MAINTENANCE 4,613 ASSESSMENTS & CONDO FEES 34,628 INTEREST EXPENSE 9,023 DEPRECIATION & AMORTIZATION 11,782 PROPERTY & LIABILITY INSURANCE 2,152 APPLIANCES / REPLACEMENTS 697 OTHER RENTING EXPENSES 2,010 OCCUPANCY EXPENSE TOTAL: 77,411 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: NET FINANCING FEES. BEG. OF YEAR AMOUNT: 2,556. END OF YEAR AMOUNT: 2,130. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 4,675. END OF YEAR AMOUNT: 5,858. DESCRIPTION: REPLACEMENT RESERVES AND ESCROWS. BEG. OF YEAR AMOUNT: 20,586. END OF YEAR AMOUNT: 22,588. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 470. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: MORTGAGES AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 452,870. END OF YEAR AMOUNT: 444,807. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 3,211. END OF YEAR AMOUNT: 4,080. DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 90,000. END OF YEAR AMOUNT: 90,000. DESCRIPTION: PREPAID RENTS. BEG. OF YEAR AMOUNT: 14. END OF YEAR AMOUNT: 289. DESCRIPTION: MISCELLANEOUS CURRENT LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,717. |
| 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 | 2021-01-29 14:40:06Z |
| 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 | 2020-10-28 |
| 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 | 3A16AF227DFFBEB6A54D665AEE301AB9EC7A606C |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.59.242.37 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-10-28 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:56:48 |
| 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 | 2020-10-29T13:16:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $386,362
- Liabilities
- $540,893
- Net assets
- -$154,531
- Revenue
- $82,776
- Expenses
- $86,413
- Net income
- -$3,637