Civic Intelligence

Housing Partnerships Inc.

990 • Fiscal year 2017 • EIN 54-1352365

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

PO Box 441Williamsburg, VA 23187

(757) 221-0225

Siviq Scores

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

Liabilities / Assets

85th percentile

0.50x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.44x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

23rd percentile

-7.9%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$74,855

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

79th percentile

23%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$639,662

Up $117,775 (+23%) from 2016

Net Assets

Up

$319,455

Up $34,929 (+12%) from 2016

Liabilities

Up

$320,207

Up $82,846 (+35%) from 2016

Revenue

Down

$734,076

Down $91,804 (-11%) from 2016

Expenses

Down

$792,036

Down $300 (-0.0%) from 2016

Net Income

Down

-$57,960

Down $91,504 (-273%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $86,969Liabilities 2011: $292,350Net Assets 2011: -$205,3812011Assets 2012: $24,857Liabilities 2012: $260,133Net Assets 2012: -$235,2762012Assets 2013: $19,878Liabilities 2013: $340,132Net Assets 2013: -$320,2542013Assets 2014: $605,952Liabilities 2014: $362,869Net Assets 2014: $243,0832014Assets 2015: $489,982Liabilities 2015: $239,000Net Assets 2015: $250,9822015Assets 2016: $521,887Liabilities 2016: $237,361Net Assets 2016: $284,5262016Assets 2017: $639,662Liabilities 2017: $320,207Net Assets 2017: $319,4552017Assets 2018: $674,512Liabilities 2018: $240,373Net Assets 2018: $434,1392018Assets 2019: $738,782Liabilities 2019: $357,199Net Assets 2019: $381,5832019Assets 2020: $854,160Liabilities 2020: $338,783Net Assets 2020: $515,3772020Assets 2021: $802,371Liabilities 2021: $383,008Net Assets 2021: $419,3632021Assets 2022: $587,091Liabilities 2022: $369,299Net Assets 2022: $217,7922022Assets 2023: $622,318Liabilities 2023: $292,415Net Assets 2023: $329,9032023Assets 2024: $600,296Liabilities 2024: $6,099Net Assets 2024: $594,1972024Assets 2025: $670,670Liabilities 2025: $6,100Net Assets 2025: $664,5702025

Highlighted filing

2017

Assets$639,662
Liabilities$320,207
Net Assets$319,455

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $974,347Expenses 2011: $1,101,792Net Income 2011: -$127,4452011Expenses 2012: $1,172,0692012Expenses 2013: $531,2662013Revenue 2014: $1,012,802Expenses 2014: $893,240Net Income 2014: $119,5622014Revenue 2015: $707,263Expenses 2015: $699,364Net Income 2015: $7,8992015Revenue 2016: $825,880Expenses 2016: $792,336Net Income 2016: $33,5442016Revenue 2017: $734,076Expenses 2017: $792,036Net Income 2017: -$57,9602017Revenue 2018: $475,757Expenses 2018: $380,890Net Income 2018: $94,8672018Revenue 2019: $445,773Expenses 2019: $498,329Net Income 2019: -$52,5562019Revenue 2020: $639,159Expenses 2020: $505,365Net Income 2020: $133,7942020Revenue 2021: $474,871Expenses 2021: $570,885Net Income 2021: -$96,0142021Revenue 2022: $573,034Expenses 2022: $608,021Net Income 2022: -$34,9872022Revenue 2023: $497,011Expenses 2023: $571,571Net Income 2023: -$74,5602023Revenue 2024: $629,295Expenses 2024: $365,001Net Income 2024: $264,2942024Revenue 2025: $687,065Expenses 2025: $616,692Net Income 2025: $70,3732025

Highlighted filing

2017

Revenue$734,076
Expenses$792,036
Net Income-$57,960
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$734,076
Mission and Program Overview

Mission

Rehabilitate low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$425,949$418,931▼ $7,018
Other Notes and Loans Receivable, Net-$160,061-
Accounts Receivable-$52,053-
Cash and Non-Interest-Bearing Accounts$95,938$7,250▼ $88,688
Prepaid Expenses and Deferred Charges-$1,367-
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$521,887$639,662▲ $117,775
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$160,666-
Grants Payable$137,361--
Other Liabilities$100,000$100,000→ $0
Accounts Payable and Accrued Expenses-$59,541-
Total Liabilities$237,361$320,207▲ $82,846
Net Assets / Fund Balance
Temporarily Rstr Net Assets$501,561$392,181▼ $109,380
Unrestricted Net Assets$-217,035$-72,726▲ $144,309
Total Net Assets Fund Balance$284,526$319,455▲ $34,929
Total Liabilities and Net Assets / Fund Balance$521,887$639,662▲ $117,775

Asset Categories

AssetBook ValueDepreciationBasis
Land$207,930-$207,930
Buildings$195,124$22,753$128,916
Equipment$15,877$76,650$92,527
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
J Abbitt WoodallExecutive DirecFT$74,855$74,855

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$667,869
Program Service Revenue
$0
Investment Income
$2,682
Other Revenue
$63,525
All Other Contributions
$119,776
Change in Net Assets
$-57,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$572,146
Salaries, Compensation, and Employee Benefits$219,890
Total Fundraising Expense$16,679
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,392--$130,392
Current Officers, Directors, Trustees, and Key Employees-$74,855-$74,855
Office Expenses-$22,951-$22,951
Advertising--$16,679$16,679
Payroll Taxes$9,377$5,266-$14,643
Insurance$10,483$3,802-$14,285
Interest-$11,584-$11,584
Fees for Services Accounting-$9,600-$9,600
Depreciation Depletion-$7,018-$7,018
Occupancy-$6,383-$6,383
Travel-$4,457-$4,457
Other Expenses$21,421$300-$300
Fees for Services Legal-$285-$285
Total Functional Expenses$628,099$147,258$16,679$792,036
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,066
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pipe Concert, Art Show, & Gala$48,066$48,066-$48,066
Total Events$48,066$48,066-$48,066
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
N/P, Related Party$100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Reviewed with Executive Director

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Housing Partnerships Inc
EIN
54-1352365
Phone
7572210225
Address
PO Box 441, Williamsburg, VA 23187

Signing Officer

Name
J Abbitt Woodall
Title
Executive Director
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Va
Voting Board Members
17
Independent Board Members
0
Employees
0

Preparer

Firm
Rcpa Inc
Address
2716 Smallpage Trace, WILLIAMSBURG, VA 23185
Preparer
Richard C Paulk CPA
Phone
7578973716
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Loan Receivable = $92889

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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03802
IRS990/InsuranceGrp/ProgramServicesAmt010483
IRS990/InsuranceGrp/TotalAmt014285
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt011584
IRS990/InterestGrp/TotalAmt011584
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02682
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02682
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt099403
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0425949
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0418931
IRS990/LandBldgEquipCostOrOtherBssAmt0518334
IRS990/LegalDomicileStateCd0VA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Rehabilitate low income housing.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0160666
IRS990/NetAssetsOrFundBalancesBOYAmt0284526
IRS990/NetAssetsOrFundBalancesEOYAmt0319455
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt048066
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt048066
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt015459
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt015459
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06383
IRS990/OccupancyGrp/TotalAmt06383
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022951
IRS990/OfficeExpensesGrp/TotalAmt022951
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt092889
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs and Construction
IRS990/OtherExpensesGrp/Desc1Vehicle
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Volunteers
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0757
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1300
IRS990/OtherExpensesGrp/ProgramServicesAmt0456426
IRS990/OtherExpensesGrp/ProgramServicesAmt121421
IRS990/OtherExpensesGrp/TotalAmt0456426
IRS990/OtherExpensesGrp/TotalAmt121421
IRS990/OtherExpensesGrp/TotalAmt2757
IRS990/OtherExpensesGrp/TotalAmt3300
IRS990/OtherLiabilitiesGrp/BOYAmt0100000
IRS990/OtherLiabilitiesGrp/EOYAmt0100000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0130392
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130392
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0160061
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05266
IRS990/PayrollTaxesGrp/ProgramServicesAmt09377
IRS990/PayrollTaxesGrp/TotalAmt014643
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01367
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0723917
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0598386
IRS990/PYOtherRevenueAmt073059
IRS990/PYProgramServiceRevenueAmt028891
IRS990/PYRevenuesLessExpensesAmt033544
IRS990/PYSalariesCompEmpBnftPaidAmt0193950
IRS990/PYTotalExpensesAmt0792336
IRS990/PYTotalRevenueAmt0825880
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-57960
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt015459
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0734076
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0667869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0723917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0638082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0922738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0416735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03369341
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0581
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0594
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt03369341
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0667869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0723917
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0638082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0922738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0416735
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03369341
IRS990ScheduleA/TotalSupportAmt03369935
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.01$0.66$0.69$0.62$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.01$0.59$0.63$0.37$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.29$0.33$0.50$0.57$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.37$0.22$0.57$0.61$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.38$0.42$0.47$0.57$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.34$0.52$0.64$0.51$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.36$0.38$0.45$0.50$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.24$0.43$0.48$0.38$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.32$0.32$0.73$0.79$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.24$0.28$0.83$0.79$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.24$0.25$0.71$0.70$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.36$0.24$1.01$0.89$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.34$0.32$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.26$0.24$1.17
2011Summary only. Only limited summary data is available for this year.$0.09$0.29$0.21$0.97$1.10$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits