Civic Intelligence

Barton Housing Inc.

990 • Fiscal year 2021 • EIN 56-2079102

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 25, 2022

Post Office Box 1254Dunn, NC 28335

(910) 892-0436

Siviq Scores

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

Liabilities / Assets

97th percentile

3.77x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

14.74x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Net Margin

20th percentile

-35%

Higher net margin than 20% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Asset Growth

10th percentile

-9.3%

Faster asset growth than 10% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

1.0%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$709,316

Down $72,384 (-9.3%) from 2020

Net Assets

Down

-$1,963,691

Down $63,411 (-3.3%) from 2020

Liabilities

Down

$2,673,007

Down $8,973 (-0.3%) from 2020

Revenue

Up

$181,353

Up $1,873 (+1.0%) from 2020

Expenses

Down

$244,764

Down $34,547 (-12%) from 2020

Net Income

Up

-$63,411

Up $36,420 (+36%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $1,883,236Liabilities 2010: $2,665,755Net Assets 2010: -$782,5192010Assets 2011: $1,783,997Liabilities 2011: $2,665,947Net Assets 2011: -$881,9502011Assets 2012: $1,671,246Liabilities 2012: $2,665,816Net Assets 2012: -$994,5702012Assets 2013: $1,557,631Liabilities 2013: $2,668,322Net Assets 2013: -$1,110,6912013Assets 2014: $1,450,699Liabilities 2014: $2,669,178Net Assets 2014: -$1,218,4792014Assets 2015: $1,365,601Liabilities 2015: $2,678,860Net Assets 2015: -$1,313,2592015Assets 2016: $1,185,836Liabilities 2016: $2,671,230Net Assets 2016: -$1,485,3942016Assets 2017: $1,098,375Liabilities 2017: $2,680,333Net Assets 2017: -$1,581,9582017Assets 2018: $990,017Liabilities 2018: $2,671,905Net Assets 2018: -$1,681,8882018Assets 2019: $886,074Liabilities 2019: $2,686,523Net Assets 2019: -$1,800,4492019Assets 2020: $781,700Liabilities 2020: $2,681,980Net Assets 2020: -$1,900,2802020Assets 2021: $709,316Liabilities 2021: $2,673,007Net Assets 2021: -$1,963,6912021Assets 2022: $630,474Liabilities 2022: $2,674,658Net Assets 2022: -$2,044,1842022Assets 2023: $510,415Liabilities 2023: $2,668,715Net Assets 2023: -$2,158,3002023Assets 2024: $447,266Liabilities 2024: $2,687,887Net Assets 2024: -$2,240,6212024

Highlighted filing

2021

Assets$709,316
Liabilities$2,673,007
Net Assets-$1,963,691

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $215,6662010Revenue 2011: $124,690Expenses 2011: $224,121Net Income 2011: -$99,4312011Expenses 2012: $229,7542012Revenue 2013: $118,577Expenses 2013: $234,698Net Income 2013: -$116,1212013Revenue 2014: $115,286Expenses 2014: $223,074Net Income 2014: -$107,7882014Revenue 2015: $118,159Expenses 2015: $212,938Net Income 2015: -$94,7792015Revenue 2016: $135,221Expenses 2016: $307,356Net Income 2016: -$172,1352016Revenue 2017: $163,166Expenses 2017: $259,730Net Income 2017: -$96,5642017Revenue 2018: $169,874Expenses 2018: $269,804Net Income 2018: -$99,9302018Revenue 2019: $176,320Expenses 2019: $294,881Net Income 2019: -$118,5612019Revenue 2020: $179,480Expenses 2020: $279,311Net Income 2020: -$99,8312020Revenue 2021: $181,353Expenses 2021: $244,764Net Income 2021: -$63,4112021Revenue 2022: $178,788Expenses 2022: $259,281Net Income 2022: -$80,4932022Revenue 2023: $191,904Expenses 2023: $306,020Net Income 2023: -$114,1162023Revenue 2024: $206,189Expenses 2024: $288,510Net Income 2024: -$82,3212024

Highlighted filing

2021

Revenue$181,353
Expenses$244,764
Net Income-$63,411
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 25, 2022
Return Version
2021v4.1
Gross Receipts
$181,353
Mission and Program Overview

Mission

Reduced rent housing for elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$651,613$567,816▼ $83,797
Prepaid Expenses and Deferred Charges$7,989$9,958▲ $1,969
Cash and Non-Interest-Bearing Accounts$1,094$3,127▲ $2,033
Accounts Receivable$867$458▼ $409
Total Assets$781,700$709,316▼ $72,384
Other Assets Total$120,137$127,957▲ $7,820
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,655,400$2,655,400→ $0
Accounts Payable and Accrued Expenses$17,766$8,878▼ $8,888
Other Liabilities$8,377$8,729▲ $352
Deferred Revenue$437$0▼ $437
Total Liabilities$2,681,980$2,673,007▼ $8,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,900,280$-1,963,691▼ $63,411
Total Net Assets Fund Balance$-1,900,280$-1,963,691▼ $63,411
Total Liabilities and Net Assets / Fund Balance$781,700$709,316▼ $72,384

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$382,675$1,730,592-
Other Land Buildings$0$24,794-
Land$163,228--
Equipment$7,213$41,239-
Leasehold Improvements$14,700$159,138-
Other Assets Org$127,957--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Leigh Anna W ThompsonAsst Sec/Director
Gene T JerniganDirector
Shirley P GodwinDirector
Sylvia W CraftDirector
Don G WellonsPres/Director
Kathy KennedySec/Treas/Director
John H Wellons JrVP/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$181,239
Investment Income
$114
Other Revenue
$0
Change in Net Assets
$-63,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$181,353
Total Revenue per Audited Statements
$181,353
Total Revenue per Form 990
$181,353
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,419
Salaries, Compensation, and Employee Benefits$66,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$86,175$0$0$86,175
Other Salaries and Wages$51,669$0$0$51,669
Fees for Services Management$0$22,628$0$22,628
Insurance$12,400$0$0$12,400
Other Employee Benefits$10,987$0$0$10,987
Fees for Services Accounting$0$8,841$0$8,841
Occupancy$5,063$0$0$5,063
Payroll Taxes$3,689$0$0$3,689
Other Expenses$3,253$0$0$3,253
Office Expenses$0$2,428$0$2,428
Information Technology$0$956$0$956
Advertising$669$0$0$669
Conferences and Meetings$457$0$0$457
Travel$0$148$0$148
Total Functional Expenses$209,763$35,001$0$244,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,764
Total Expenses per Audited Statements$244,764
Total Expenses per Form 990$244,764
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
Tenant Deposits$8,729
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Barton Housing Inc
EIN
56-2079102
Phone
9108920436
Address
Post Office Box 1254, DUNN, NC 28335

Signing Officer

Name
Don G Wellons
Title
President
Phone
9108920436
Signed
2022-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don G Wellons
Formed
1198
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Patterson & Associates PLLC
Address
4248 FAYETTEVILLE ROAD, LUMBERTON, NC 28359
Preparer
Matthew A Patterson CPA
Phone
9107381448
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Several Board members share a family relationship.

Pt VI, Line 11B

Organization makes 990 available to Board members who wish to inspect prior to filing.

Pt VI, Line 12C

The conflict of interest policy is reviewed annually during board meetings.

Pt VI, Line 15A

Organization reimburses management company for payroll related expenses.

Pt VI, Line 15B

Organization reimburses management company for payroll related expenses.

Pt VI, Line 19

Organization has a copy of 990 available for inspection.

Raw XML AppendixShowing 400 of 443 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/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-63411
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0181353
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0273
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0181239
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0179356
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0176108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0169625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0162893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0869221
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0273
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0972
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt0869221
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0181239
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0179356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0176108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0169625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0162893
IRS990ScheduleA/Total509Grp/TotalAmt0869221
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0870193
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0382675
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01730592
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02113267
IRS990ScheduleD/EquipmentGrp/BookValueAmt07213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041239
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt048452
IRS990ScheduleD/ExpensesSubtotalAmt0244764
IRS990ScheduleD/LandGrp/BookValueAmt0163228
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0163228
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014700
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0159138
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0173838
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0127957
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024794
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt024794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Deposits
IRS990ScheduleD/RevenueSubtotalAmt0181353
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0567816
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0127957
IRS990ScheduleD/TotalExpensesPerForm990Amt0244764
IRS990ScheduleD/TotalLiabilityAmt08729
IRS990ScheduleD/TotalRevenuePerForm990Amt0181353
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0181353
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244764
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Several Board members share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization makes 990 available to Board members who wish to inspect prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is reviewed annually during board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization has a copy of 990 available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0781700
IRS990/TotalAssetsEOYAmt0709316
IRS990/TotalAssetsGrp/BOYAmt0781700
IRS990/TotalAssetsGrp/EOYAmt0709316
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0209763
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244764
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02681980
IRS990/TotalLiabilitiesEOYAmt02673007
IRS990/TotalLiabilitiesGrp/BOYAmt02681980
IRS990/TotalLiabilitiesGrp/EOYAmt02673007
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1900280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1963691
IRS990/TotalProgramServiceExpensesAmt0209763
IRS990/TotalProgramServiceRevenueAmt0181239
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0181353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0181353
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0781700
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0709316
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0148
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0148
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$2.69$2.24$0.21$0.29$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.51$2.67$2.16$0.19$0.31$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.63$2.67$2.04$0.18$0.26$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.71$2.67$1.96$0.18$0.24$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.78$2.68$1.90$0.18$0.28$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.89$2.69$1.80$0.18$0.29$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.99$2.67$1.68$0.17$0.27$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.10$2.68$1.58$0.16$0.26$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.19$2.67$1.49$0.14$0.31$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.37$2.68$1.31$0.12$0.21$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.45$2.67$1.22$0.12$0.22$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.56$2.67$1.11$0.12$0.23$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$2.67$0.99$0.23
2011Summary only. Only limited summary data is available for this year.$1.78$2.67$0.88$0.12$0.22$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$2.67$0.78$0.22