Civic Intelligence

Partnership Homes Inc.

990 • Fiscal year 2015 • EIN 56-2071035

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 11, 2016

Organization ProfileN/A
PO Box 3402Greensboro, NC 27402

(336) 232-0143

Siviq Scores

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

Liabilities / Assets

51st percentile

0.68x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

11.52x

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

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-46%

Higher net margin than 14% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Asset Growth

96th percentile

82%

Faster asset growth than 96% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

132%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$4,447,367

Up $2,003,762 (+82%) from 2014

Net Assets

Up

$1,403,808

Up $178,644 (+15%) from 2014

Liabilities

Up

$3,043,559

Up $1,825,118 (+150%) from 2014

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin14th percentile

Revenue

Up

$264,171

Up $150,133 (+132%) from 2014

Expenses

Up

$386,533

Up $194,593 (+101%) from 2014

Net Income

Down

-$122,362

Down $44,460 (-57%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$10M$5.0M$0Assets 2011: $2,322,506Liabilities 2011: $974,383Net Assets 2011: $1,348,1232011Assets 2012: $2,338,710Liabilities 2012: $1,011,987Net Assets 2012: $1,326,7232012Assets 2013: $2,518,891Liabilities 2013: $1,215,825Net Assets 2013: $1,303,0662013Assets 2014: $2,443,605Liabilities 2014: $1,218,441Net Assets 2014: $1,225,1642014Assets 2015: $4,447,367Liabilities 2015: $3,043,559Net Assets 2015: $1,403,8082015Assets 2016: $4,247,702Liabilities 2016: $3,195,542Net Assets 2016: $1,052,1602016Assets 2017: $4,284,845Liabilities 2017: $3,219,380Net Assets 2017: $1,065,4652017Assets 2018: $4,168,087Liabilities 2018: $3,216,572Net Assets 2018: $951,5152018Assets 2019: $4,025,284Liabilities 2019: $3,210,537Net Assets 2019: $814,7472019Assets 2020: $3,977,351Liabilities 2020: $3,313,286Net Assets 2020: $664,0652020Assets 2021: $9,787,854Liabilities 2021: $9,256,416Net Assets 2021: $531,4382021Assets 2022: $9,954,888Liabilities 2022: $9,603,821Net Assets 2022: $351,0672022Assets 2023: $9,759,036Liabilities 2023: $9,712,063Net Assets 2023: $46,9732023

Highlighted filing

2015

Assets$4,447,367
Liabilities$3,043,559
Net Assets$1,403,808
Open 2015 Filing

Operations Trend

Revenue Growth96th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: -$10,162Expenses 2011: $1,250Net Income 2011: -$11,4122011Expenses 2012: $1,0422012Revenue 2013: $123,717Expenses 2013: $147,374Net Income 2013: -$23,6572013Revenue 2014: $114,038Expenses 2014: $191,940Net Income 2014: -$77,9022014Revenue 2015: $264,171Expenses 2015: $386,533Net Income 2015: -$122,3622015Revenue 2016: $368,014Expenses 2016: $438,437Net Income 2016: -$70,4232016Revenue 2017: $613,239Expenses 2017: $599,934Net Income 2017: $13,3052017Revenue 2018: $453,603Expenses 2018: $574,561Net Income 2018: -$120,9582018Revenue 2019: $478,288Expenses 2019: $615,056Net Income 2019: -$136,7682019Revenue 2020: $483,027Expenses 2020: $633,709Net Income 2020: -$150,6822020Revenue 2021: $590,620Expenses 2021: $723,961Net Income 2021: -$133,3412021Revenue 2022: $1,056,016Expenses 2022: $1,223,544Net Income 2022: -$167,5282022Revenue 2023: $921,442Expenses 2023: $1,225,536Net Income 2023: -$304,0942023

Highlighted filing

2015

Revenue$264,171
Expenses$386,533
Net Income-$122,362
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 11, 2016
Return Version
2015v2.1
Gross Receipts
$264,796
Mission and Program Overview

Mission

Development and operation of affordable housing for formerly homeless individuals and families and those threatened with homelessness.

Development and operation of affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,387,771$2,114,652▲ $726,881
Other Notes and Loans Receivable, Net$723,819$525,706▼ $198,113
Cash and Non-Interest-Bearing Accounts$200,401$294,533▲ $94,132
Prepaid Expenses and Deferred Charges$4,592$6,451▲ $1,859
Accounts Receivable$1,432$4,131▲ $2,699
Intangible Assets-$1,323-
Investments Other Securities$25,135$50▼ $25,085
Total Assets$2,443,605$4,447,367▲ $2,003,762
Other Assets Total$100,455$1,500,521▲ $1,400,066
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,211,983$2,693,198▲ $1,481,215
Other Liabilities$2,200$276,453▲ $274,253
Accounts Payable and Accrued Expenses$4,218$72,322▲ $68,104
Deferred Revenue$40$1,586▲ $1,546
Total Liabilities$1,218,441$3,043,559▲ $1,825,118
Net Assets / Fund Balance
Unrestricted Net Assets$1,225,164$1,403,808▲ $178,644
Total Net Assets Fund Balance$1,225,164$1,403,808▲ $178,644
Total Liabilities and Net Assets / Fund Balance$2,443,605$4,447,367▲ $2,003,762

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,754,948$770,835$2,525,783
Other Land Buildings$202,769$286,341$489,110
Land$141,826-$141,826
Equipment$15,109$16,532$31,641
Other Assets Org$1,323,032--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Robert KelleyChairman
Art DavisBoard Member
Hugh MannBoard Member
Jim ClontzBoard Member
Joe ThompsonBoard Member
Judy NewlinBoard Member
Lawrence RossBoard Member
Marie StameyBoard Member
Marlow HintonBoard Member
Penny SmithBoard Member
Ramona CarlBoard Member
William O Cooke JrBoard Member
Mark SumerfordSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$254,332
Investment Income
$7,620
Other Revenue
$1,719
All Other Contributions
$500
Change in Net Assets
$-122,362

Audited Revenue Reconciliation

Revenue per Audited Statements
$264,791
Revenue Not Reported on Financial Statements
$-620
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-620
Total Revenue per Audited Statements
$264,791
Total Revenue per Form 990
$264,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,533
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$89,974--$89,974
Occupancy$53,452--$53,452
Fees for Services Management$26,243--$26,243
Office Expenses$18,538--$18,538
Fees for Services Accounting-$9,750-$9,750
Interest$2,500--$2,500
Insurance$1,734--$1,734
Fees for Services Legal-$1,551-$1,551
Other Expenses$1,394--$1,394
All Other Expenses$469--$469
Total Functional Expenses$375,232$11,301$0$386,533

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$386,533
Total Expenses per Audited Statements$386,533
Total Expenses per Form 990$386,533
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Construction Loan Payable$267,853
Tenant Security Deposits$8,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“Amended articles of incorporation, change of the registered agent, change of the principal office, and change of the registered office.”

Form 990, Part VI, Section B, Line 11

“A draft of form 990 was provided to board members prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Periodically board members are reminded of conflict of interest policy and asked to provide statements concerning compliance with the conflict of interest policy. Typically board members do not have business interests that conflict with the operations of the nonprofit.”

Form 990, Part VI, Section C, Line 19

“Financial statements and governing documents are available upon request at the office of partnership homes - 617b north elm street, greensboro, nc 27401.”

Filing and Contact Details

Filer

Filer Name
Partnership Homes Inc
EIN
56-2071035
Phone
3362320143
Address
PO BOX 3402, GREENSBORO, NC 27402

Signing Officer

Name
Robert Kelley
Title
Board Chairman
Phone
3362320143
Signed
2016-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Kelley
Formed
1998
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Olga Oganesov
Phone
3362944494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Assignment of partnership interest 301,006.”

Financial Statement Notes

PART X, LINE 2:

“It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on financial statements. No material uncertain tax positions were identified. Any changes in the amount of tax position will be recognized in the period the change occurs.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss on disposal of fixed assets -625. Non-project interest income 5.”

Raw XML AppendixShowing 400 of 532 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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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100455
IRS990/OtherAssetsTotalGrp/EOYAmt01500521
IRS990/OtherChangesInNetAssetsAmt0301006
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PAYROLL REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2PAYROLL TAX REIMBURSEME
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt0100608
IRS990/OtherExpensesGrp/ProgramServicesAmt176022
IRS990/OtherExpensesGrp/ProgramServicesAmt24298
IRS990/OtherExpensesGrp/ProgramServicesAmt31394
IRS990/OtherExpensesGrp/TotalAmt0100608
IRS990/OtherExpensesGrp/TotalAmt176022
IRS990/OtherExpensesGrp/TotalAmt24298
IRS990/OtherExpensesGrp/TotalAmt31394
IRS990/OtherLiabilitiesGrp/BOYAmt02200
IRS990/OtherLiabilitiesGrp/EOYAmt0276453
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01719
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01719
IRS990/OtherRevenueTotalAmt01719
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0723819
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0525706
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04592
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06451
IRS990/PrincipalOfficerNm0ROBERT KELLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0254332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0254332
IRS990/ProgSrvcAccomActy2Grp/Desc0OWN AND OPERATE A 32 UNIT APARTMENT COMPLEX FOR FORMERLY HOMELESS INDIVIDUALS KNOWN AS PARTNERSHIP VILLAGE I.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0176615
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0158296
IRS990/ProgSrvcAccomActy3Grp/Desc0OWN AND OPERATE A 12 UNIT APARTMENT COMPLEX FOR FORMERLY HOMELESS FAMILIES KNOWN AS PARTNERSHIP VILLAGE III.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0110440
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt071287
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OWN AND OPERATE A 6 UNIT APARTMENT COMPLEX TO PROVIDE PERMANENT SUPPORTIVE HOUSING FOR FAMILIES FORMERLY HOMELESS AND THOSE AT RISK OF HOMELESSNESS KNOWN AS 214 S. ENGLISH.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt035258
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt026468
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011076
IRS990/PYOtherExpensesAmt0191940
IRS990/PYOtherRevenueAmt0408
IRS990/PYProgramServiceRevenueAmt094554
IRS990/PYRevenuesLessExpensesAmt0-77902
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0191940
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0114038
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-122362
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0-625
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0158500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08245
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011621
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012415
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt051661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0254332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt094554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0348886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt051661
IRS990ScheduleA/InvestmentIncomeCYPct00.09350
IRS990ScheduleA/InvestmentIncomePYPct00.16120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01719
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0408
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0-17139
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt030932
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0-22577
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0-6657
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91850
IRS990ScheduleA/PublicSupportPY509Pct00.91980
IRS990ScheduleA/PublicSupportTotal509Amt0507386
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0254832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0102554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/Total509Grp/TotalAmt0507386
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0264796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0114038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0141165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt042553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0-10162
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0552390
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01754948
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0770835
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02525783
IRS990ScheduleD/EquipmentGrp/BookValueAmt015109
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031641
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0386533
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0141826
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0141826
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1168889
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21323032
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT AND OPERATING RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0202769
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0286341
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0489110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1267853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSTRUCTION LOAN PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-620
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-620
IRS990ScheduleD/RevenueSubtotalAmt0264791
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED. ANY CHANGES IN THE AMOUNT OF TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF FIXED ASSETS -625. NON-PROJECT INTEREST INCOME 5.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02114652
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01500521
IRS990ScheduleD/TotalExpensesPerForm990Amt0386533
IRS990ScheduleD/TotalLiabilityAmt0276453
IRS990ScheduleD/TotalRevenuePerForm990Amt0264171
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0264791
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0386533
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMENDED ARTICLES OF INCORPORATION, CHANGE OF THE REGISTERED AGENT, CHANGE OF THE PRINCIPAL OFFICE, AND CHANGE OF THE REGISTERED OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 WAS PROVIDED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERIODICALLY BOARD MEMBERS ARE REMINDED OF CONFLICT OF INTEREST POLICY AND ASKED TO PROVIDE STATEMENTS CONCERNING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. TYPICALLY BOARD MEMBERS DO NOT HAVE BUSINESS INTERESTS THAT CONFLICT WITH THE OPERATIONS OF THE NONPROFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICE OF PARTNERSHIP HOMES - 617B NORTH ELM STREET, GREENSBORO, NC 27401.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ASSIGNMENT OF PARTNERSHIP INTEREST 301,006.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,447,367
Liabilities
$3,043,559
Net assets
$1,403,808
Revenue
$264,171
Expenses
$386,533
Net income
-$122,362
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.76$9.71$0.05$0.92$1.23$0.30
2022Summary only. Only limited summary data is available for this year.$9.95$9.60$0.35$1.06$1.22$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.79$9.26$0.53$0.59$0.72$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.98$3.31$0.66$0.48$0.63$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$3.21$0.81$0.48$0.62$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$3.22$0.95$0.45$0.57$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$3.22$1.07$0.61$0.60$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$3.20$1.05$0.37$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.45$3.04$1.40$0.26$0.39$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.44$1.22$1.23$0.11$0.19$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.52$1.22$1.30$0.12$0.15$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$1.01$1.33$0.00
2011Summary only. Only limited summary data is available for this year.$2.32$0.97$1.35$0.01$0.00$0.01