Civic Intelligence

Interfaith Housing Development Corporation of Hickory

990EZ • Fiscal year 2019 • EIN 56-1354134

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileN/A
PO Box 3547Hickory, NC 28603

(828) 455-0406

Siviq Scores

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

Liabilities / Assets

71st percentile

0.57x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • NTEE L • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

2.39x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • NTEE L • <$500k nonprofits • Source year 2019

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

2019 filings • NTEE L • <$500k nonprofits • Source year 2019

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE L • <$500k nonprofits • Source year 2019

Asset Growth

36th percentile

-5.6%

Faster asset growth than 36% of similar nonprofits.

2019 filings • NTEE L • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • NTEE L • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$343,750

Down $20,213 (-5.6%) from 2018

Net Assets

$147,821

No earlier filing loaded for comparison.

Liabilities

Down

$195,929

Down $38,568 (-16%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin82nd percentile

Revenue

Up

$81,826

Up $19,621 (+32%) from 2018

Expenses

Down

$54,148

Down $11,646 (-18%) from 2018

Net Income

Up

$27,678

Up $31,267 (+871%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$400K$300K$200K$100K$0Assets 2016: $396,091Liabilities 2016: $279,894Net Assets 2016: $116,1972016Assets 2017: $366,355Liabilities 2017: $233,3132017Assets 2018: $363,963Liabilities 2018: $234,4972018Assets 2019: $343,750Liabilities 2019: $195,929Net Assets 2019: $147,8212019Assets 2020: $312,101Liabilities 2020: $151,932Net Assets 2020: $160,1692020Assets 2021: $291,629Liabilities 2021: $116,101Net Assets 2021: $175,5282021Assets 2022: $294,430Liabilities 2022: $93,817Net Assets 2022: $200,6132022Assets 2023: $243,908Liabilities 2023: $87,576Net Assets 2023: $156,3322023Assets 2024: $237,075Liabilities 2024: $42,547Net Assets 2024: $194,5282024

Highlighted filing

2019

Assets$343,750
Liabilities$195,929
Net Assets$147,821
Open 2019 Filing

Operations Trend

Revenue Growth82nd percentile

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

$100K$50K$0-$50KRevenue 2016: $64,983Expenses 2016: $64,215Net Income 2016: $7682016Revenue 2017: $85,741Expenses 2017: $68,757Net Income 2017: $16,9842017Revenue 2018: $62,205Expenses 2018: $65,794Net Income 2018: -$3,5892018Revenue 2019: $81,826Expenses 2019: $54,148Net Income 2019: $27,6782019Revenue 2020: $72,227Expenses 2020: $63,074Net Income 2020: $9,1532020Revenue 2021: $67,696Expenses 2021: $52,337Net Income 2021: $15,3592021Revenue 2022: $77,597Expenses 2022: $52,512Net Income 2022: $25,0852022Revenue 2023: $50,246Expenses 2023: $61,447Net Income 2023: -$11,2012023Revenue 2024: $77,985Expenses 2024: $68,348Net Income 2024: $9,6372024

Highlighted filing

2019

Revenue$81,826
Expenses$54,148
Net Income$27,678
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$81,826
Mission and Program Overview

Mission

To provide affordable low-income housing for disadvantaged individuals

Low-income housing assistance

Program Services

DescriptionGrantsExpenses
LOW-INCOME APARTMENTS FOR LOW-INCOME RESIDENTS IN RIDGEVIEW -- A LOW-INCOME HOUSING DEVELOPMENT SECTION OF HICKORY NC APPROX 50 IN 10 APTS-$31,698
OPERATION OF OLD RIDGEVIEW LIBRARY THAT WAS DONATED BY THE CITY OF HICKORY TO PRESERVE ITS HISTORICAL NATURE WHICH IS LOCATED IN RIDGEVIEW AREA-$7,130
INTERFAITH AND CITY OF HICKORY APPROVE APPLICATIONS FOR DOWN PAYMENT ASSISTANCE TO PURCHASE HOMES IN RIDGEVIEW AREA. LOAN PAYMENTS GO TO INTERFAITH--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE WATKINSTreasurer-$0--
DAVID ROBERTSVice-President-$0--
ANTONIO LOGANPresident-$0--
Filing and Contact Details

Filer

Filer Name
Interfaith Housing Development
EIN
56-1354134
Phone
8284550406
Address
PO BOX 3547, HICKORY, NC 28603

Signing Officer

Name
Mike Watkins
Title
Secretary
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Accounting & More
Address
955 US 70 HWY, NEWTON, NC 28658
Preparer
Faye S Morgan
Phone
8284653040
Supplemental Narrative

Additional Explanations

Form 990EZ Part II Line 24 - Other Assets

“Note rec finger 3511.49; city of hickory loan reserve-30803 rent rec 91.11; library books 139.61; b&h reserve 397.09”

900EZ PART I LINE 16 - OTHER EXPENSES

“Bank fees 361; chargeback 650; commissions 5024; depreciation 19950; meals 473;interest 8243; office 351; security 1267; technology 166;misc adj -1055”

Raw XML Appendix144 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0MIKE WATKINS
IRS990EZ/BooksInCareOfDetail/PhoneNum08284550406
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HICKORY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020283
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IRS990EZ/LandAndBuildingsGrp/EOYAmt0277757
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0120143
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0147821
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0120143
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0147821
IRS990EZ/OccupancyRentUtltsAndMaintAmt017978
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt042565
IRS990EZ/OtherAssetsTotalDetail/EOYAmt024943
IRS990EZ/OtherExpensesTotalAmt035430
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LOW-INCOME HOUSING ASSISTANCE
IRS990EZ/PrintingPublicationsPostageAmt0170
IRS990EZ/ProgramServiceRevenueAmt063266
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LOW-INCOME APARTMENTS FOR LOW-INCOME RESIDENTS IN RIDGEVIEW -- A LOW-INCOME HOUSING DEVELOPMENT SECTION OF HICKORY NC APPROX 50 IN 10 APTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1INTERFAITH AND CITY OF HICKORY APPROVE APPLICATIONS FOR DOWN PAYMENT ASSISTANCE TO PURCHASE HOMES IN RIDGEVIEW AREA. LOAN PAYMENTS GO TO INTERFAITH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2OPERATION OF OLD RIDGEVIEW LIBRARY THAT WAS DONATED BY THE CITY OF HICKORY TO PRESERVE ITS HISTORICAL NATURE WHICH IS LOCATED IN RIDGEVIEW AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031698
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17130
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0222370
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0195929
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054148
IRS990EZ/TotalProgramServiceExpensesAmt038828
IRS990EZ/TotalRevenueAmt081826
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt018019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010625
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt097699
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0542
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt063808
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt075072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0198495
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0542
IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99820
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0296194
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01515
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt062205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt085697
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064950
IRS990ScheduleA/Total509Grp/TotalAmt0296194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt082369
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt064950
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0296736
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOTE REC FINGER 3511.49; CITY OF HICKORY LOAN RESERVE-30803 RENT REC 91.11; LIBRARY BOOKS 139.61; B&H RESERVE 397.09
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK FEES 361; CHARGEBACK 650; COMMISSIONS 5024; DEPRECIATION 19950; MEALS 473;INTEREST 8243; OFFICE 351; SECURITY 1267; TECHNOLOGY 166;MISC ADJ -1055
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART II LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1900EZ PART i LINE 16 - OTHER EXPENSES
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERFAITH HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0INTE
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ReturnHeader/Filer/PhoneNum08284550406
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3547
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201721577
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0955 US 70 HWY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028658
ReturnHeader/PreparerPersonGrp/PhoneNum08284653040
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FAYE S MORGAN
ReturnHeader/ReturnTs02020-11-16T19:04:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.

Open filing
Assets
$343,750
Liabilities
$195,929
Net assets
$147,821
Revenue
$81,826
Expenses
$54,148
Net income
$27,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.43$1.95$0.78$0.68$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.88$1.56$0.50$0.61$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.94$2.01$0.78$0.53$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$1.16$1.76$0.68$0.52$0.15
2020Detailed filing. Detailed filing data is available for this year.$3.12$1.52$1.60$0.72$0.63$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.44$1.96$1.48$0.82$0.54$0.28
2018Summary only. Only limited summary data is available for this year.$3.64$2.34$0.62$0.66$0.04
2017Summary only. Only limited summary data is available for this year.$3.66$2.33$0.86$0.69$0.17
2016Detailed filing. Detailed filing data is available for this year.$3.96$2.80$1.16$0.65$0.64$0.01