Civic Intelligence

Community Foundations Inc.

990EZ • Fiscal year 2016 • EIN 56-2067827

Jul 01, 2015 to Jun 30, 2016 • Filed on May 17, 2017

181 N Main Street Suite 211Mooresville, NC 28115

(704) 799-7641

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Liabilities / Revenue

43rd percentile

0.07x

Higher debt load relative to revenue than 43% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

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.

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Asset Growth

47th percentile

-2.1%

Faster asset growth than 47% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-55%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$210,005

Down $4,506 (-2.1%) from 2015

Net Assets

$203,957

No earlier filing loaded for comparison.

Liabilities

Down

$6,048

Down $24,553 (-80%) from 2015

Revenue

Down

$85,619

Down $104,777 (-55%) from 2015

Expenses

Up

$65,043

Up $9,647 (+17%) from 2015

Net Income

Down

$20,576

Down $114,424 (-85%) from 2015

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: $600,576Liabilities 2011: $453,147Net Assets 2011: $147,4292011Assets 2012: $498,165Liabilities 2012: $349,499Net Assets 2012: $148,6662012Assets 2013: $67,997Liabilities 2013: $1,3772013Assets 2014: $51,582Liabilities 2014: $2,6732014Assets 2015: $214,511Liabilities 2015: $30,6012015Assets 2016: $210,005Liabilities 2016: $6,048Net Assets 2016: $203,9572016Assets 2017: $234,964Liabilities 2017: $24,0712017Assets 2018: $187,619Liabilities 2018: $6,977Net Assets 2018: $180,6422018Assets 2019: $252,907Liabilities 2019: $3,976Net Assets 2019: $248,9312019Assets 2020: $325,363Liabilities 2020: $1,767Net Assets 2020: $323,5962020Assets 2021: $459,499Liabilities 2021: $4,929Net Assets 2021: $454,5702021Assets 2022: $504,066Liabilities 2022: $3,185Net Assets 2022: $500,8812022Assets 2023: $763,790Liabilities 2023: $231,638Net Assets 2023: $532,1522023Assets 2024: $1,064,113Liabilities 2024: $595,524Net Assets 2024: $468,5892024

Highlighted filing

2016

Assets$210,005
Liabilities$6,048
Net Assets$203,957

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $299,7652011Expenses 2012: $247,7682012Revenue 2013: -$16,784Expenses 2013: $65,262Net Income 2013: -$82,0462013Revenue 2014: $19,672Expenses 2014: $38,241Net Income 2014: -$18,5692014Revenue 2015: $190,396Expenses 2015: $55,396Net Income 2015: $135,0002015Revenue 2016: $85,619Expenses 2016: $65,043Net Income 2016: $20,5762016Revenue 2017: $67,211Expenses 2017: $60,046Net Income 2017: $7,1652017Revenue 2018: $28,637Expenses 2018: $59,801Net Income 2018: -$31,1642018Revenue 2019: $162,424Expenses 2019: $94,135Net Income 2019: $68,2892019Revenue 2020: $149,863Expenses 2020: $75,198Net Income 2020: $74,6652020Revenue 2021: $222,351Expenses 2021: $91,377Net Income 2021: $130,9742021Revenue 2022: $168,692Expenses 2022: $122,381Net Income 2022: $46,3112022Revenue 2023: $181,351Expenses 2023: $150,080Net Income 2023: $31,2712023Revenue 2024: $144,556Expenses 2024: $208,119Net Income 2024: -$63,5632024

Highlighted filing

2016

Revenue$85,619
Expenses$65,043
Net Income$20,576
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 17, 2017
Return Version
2015v3.0
Gross Receipts
$93,619
Mission and Program Overview

Mission

The Organization's mission is to provide individuals and families a firm foundation through financial education, the encouragement of home ownership and to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.

The organization's mission is to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION OPERATES TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE ORGANIZATION SUPPORTS NEIGHBORHOOD REVITALIZATION AND/OR OTHER COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES THAT FURTHER THE DEVELOPMENT OF VIABLE URBAN NEIGHBORHOODS IN THE TOWN OF MOORESVILLE AND SOUTH IREDELL COUNTY OF NORTH CAROLINA. IT ALSO SERVES AS A AVEHICLE FOR SHARING INFORMATION AND RESOURCES ABOUT AFFORDABLE HOUSING AND HOME OWNERSHIP TO SERVICE PROVIDERS, BENEFICIARIES OF AFFORDABLE HOUSING AND THE MOORESVILLE COMMUNITY AS A WHOLE. DESIGNED TO IMPLEMENT HOUSING EDUCATION PROGRAMS FOR LOW AND MODERATE INCOME FAMILIES OF MOORESVILLE, THE COMMUNITY HOUSING DEVELOPMENT CORPORATION OF MOORESVILLE/SOUTH IREDELL HELPS TO ENHANCE THE QUALITY OF LIFE OF THESE INDIVIDUALS.-$34,975
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONALD L MUNDAYDirector-$0--
LISA QUALLSDirector-$0--
INETTA BLACKSecretary-$0--
BRENDA MCKEETreasurerPT$0--
CAROLYN WHITEVice Preside-$0--
DEBBIE BRAWLEYBoard Chair/-$0--
CARL RUGGERIODirector-$0--
ALAN GUFFYDirector-$0--
NICOLE DAVISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Community Foundations
EIN
56-2067827
Address
181 N MAIN STREET SUITE 211, MOORESVILLE, NC 28115

Signing Officer

Name
Debbie Brawley
Title
Board Chair/treasure
Phone
7047997641
Signed
2017-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Younce & Co Pa
Address
990 LEE ANN DR NE, CONCORD, NC 28025-2957
Preparer
C Kep Younce
Phone
7047849330
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 193 total 193

Form 990-ez, Part I, Line 16

Expenses office supplies 621 travel 8 interest 98 insurance 3,602 printing and reproduction 474 bank charges 132 computer service 208 dues and subscriptions 495 postage 235 professional fees 7,569 propety tax 12 telephone 609 training 100 homebuyer expenses 816 non-investment depreciation 167 total 15,146

Form 990-ez, Part II, Line 24

Grants receivable 3,003 0 prepaid expenses and deferred charges 2,104 900 8,993 8,993 less accumulated depreciation 8,713 8,880 431 431 less accumulated amortization 431 431 house for sale or rent 168,946 170,496 total 174,333 171,509

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,794 5,199 earnest money 850 850 construction loan payable 26,500 0 rounding -1 -1

Form 990-ez, Part III

The organization's mission is to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.

Form 990-ez, Part III, Line 28

The organization operates to provide affordable housing to low and moderate income families. The organization supports neighborhood revitalization and/or other community and economic development activities that further the development of viable urban neighborhoods in the town of mooresville and south iredell county of north carolina. It also serves as a avehicle for sharing information and resources about affordable housing and home ownership to service providers, beneficiaries of affordable housing and the mooresville community as a whole. Designed to implement housing education programs for low and moderate income families of mooresville, the community housing development corporation of mooresville/south iredell helps to enhance the quality of life of these individuals.

Raw XML Appendix173 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD CHAIR/
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IRS990EZ/SchoolOperatingInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 193 TOTAL 193
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 621 TRAVEL 8 INTEREST 98 INSURANCE 3,602 PRINTING AND REPRODUCTION 474 BANK CHARGES 132 COMPUTER SERVICE 208 DUES AND SUBSCRIPTIONS 495 POSTAGE 235 PROFESSIONAL FEES 7,569 PROPETY TAX 12 TELEPHONE 609 TRAINING 100 HOMEBUYER EXPENSES 816 NON-INVESTMENT DEPRECIATION 167 TOTAL 15,146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS RECEIVABLE 3,003 0 PREPAID EXPENSES AND DEFERRED CHARGES 2,104 900 8,993 8,993 LESS ACCUMULATED DEPRECIATION 8,713 8,880 431 431 LESS ACCUMULATED AMORTIZATION 431 431 HOUSE FOR SALE OR RENT 168,946 170,496 TOTAL 174,333 171,509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,794 5,199 EARNEST MONEY 850 850 CONSTRUCTION LOAN PAYABLE 26,500 0 ROUNDING -1 -1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES THROUGH NEIGHBORHOOD REVITALIZATION AND/OR OTHER COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION OPERATES TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE ORGANIZATION SUPPORTS NEIGHBORHOOD REVITALIZATION AND/OR OTHER COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES THAT FURTHER THE DEVELOPMENT OF VIABLE URBAN NEIGHBORHOODS IN THE TOWN OF MOORESVILLE AND SOUTH IREDELL COUNTY OF NORTH CAROLINA. IT ALSO SERVES AS A AVEHICLE FOR SHARING INFORMATION AND RESOURCES ABOUT AFFORDABLE HOUSING AND HOME OWNERSHIP TO SERVICE PROVIDERS, BENEFICIARIES OF AFFORDABLE HOUSING AND THE MOORESVILLE COMMUNITY AS A WHOLE. DESIGNED TO IMPLEMENT HOUSING EDUCATION PROGRAMS FOR LOW AND MODERATE INCOME FAMILIES OF MOORESVILLE, THE COMMUNITY HOUSING DEVELOPMENT CORPORATION OF MOORESVILLE/SOUTH IREDELL HELPS TO ENHANCE THE QUALITY OF LIFE OF THESE INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerPersonGrp/PhoneNum07047849330
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C KEP YOUNCE
ReturnHeader/ReturnTs02017-05-15T17:45:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.60$0.47$0.14$0.21$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.23$0.53$0.18$0.15$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.17$0.12$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.45$0.22$0.09$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.32$0.15$0.08$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.16$0.09$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.01$0.18$0.03$0.06$0.03
2017Summary only. Only limited summary data is available for this year.$0.23$0.02$0.07$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.09$0.07$0.02
2015Summary only. Only limited summary data is available for this year.$0.21$0.03$0.19$0.06$0.14
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.02$0.04$0.02
2013Summary only. Only limited summary data is available for this year.$0.07$0.00$0.02$0.07$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.35$0.15$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.45$0.15$0.30