Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Up$208,313
Up $29,238 (+16%) from 2021
Net Assets
Up$184,155
Up $36,246 (+25%) from 2021
Liabilities
Down$24,158
Down $7,008 (-22%) from 2021
Revenue And Expenses
Revenue
Up$134,266
Up $257 (+0.2%) from 2021
Expenses
Up$98,020
Up $130 (+0.1%) from 2021
Net Income
Up$36,246
Up $127 (+0.4%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Apr 27, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $134,266
Mission and Program Overview
Mission
To provide low to moderate income housing for citizens for the surrounding area
To provide low to moderate housing for citizens in the surrounding area.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The program exist solely for the purpose of maintaining a low to moderate housing project which consist of 20 units(1 bedroom). All expenses are attributable to the operations of the project. | - | $98,020 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kim Gasque | President | - | $0 | - | - |
| Kyle Harrelson | Agent | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Laurel Estates Inc
- EIN
- 57-0602821
- Phone
- 8037883800
- Address
- PO Box 23589, Columbia, SC 29224
Signing Officer
- Name
- Kyle Harrelson
- Title
- Agent
- Signed
- 2023-04-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The Hobbs Group PA
- Address
- 1704 Laurel Street, Columbia, SC 29201
- Preparer
- Will Stevens CPA
- Phone
- 8037990555
Supplemental Narrative
Additional Explanations
Other Expenses.1008
“Interest $221”
Other Expenses.1009
“Depreciation $7642”
Other Expenses.1
“Rental expenses - O & M $27275”
Other Expenses.2
“Rental expenses - Admin $18842”
Other Expenses.3
“Rental expenses - Insurance $6087”
Other Expenses.4
“Rental expenses - Other exp $1260”
Other Assets.1003
“Machinery and Equipment - Beginning $261 Machinery and Equipment - Ending $992”
Other Assets.1005
“Accounts Receivable - Beginning $1092 Accounts Receivable - Ending $0”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $412 Prepaid Expenses and Deferred Charges - Ending $2259”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $3302 Accounts Payable and Accrued Expenses - Ending $3422”
Total Liabilities.1003
“Deferred Revenue - Beginning $110 Deferred Revenue - Ending $67”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $24154 Secured Mortgages and Notes Payable - Ending $17019”
Total Liabilities.1
“Tenant Deposit - Beginning $3600 Tenant Deposit - Ending $3650”
Raw XML Appendix169 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Kyle Harrelson |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8037883800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7700 Trenholm Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Columbia |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29223 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 102220 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137301 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 63697 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 36246 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 17660 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 179075 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 208313 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 134266 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 54 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 75090 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 67761 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 147909 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 184155 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 147909 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 184155 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 19033 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Kim Gasque |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Kyle Harrelson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Agent |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1765 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3251 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 61327 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To provide low to moderate housing for citizens in the surrounding area. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 70515 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The program exist solely for the purpose of maintaining a low to moderate housing project which consist of 20 units(1 bedroom). All expenses are attributable to the operations of the project. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 98020 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 31166 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 24158 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 98020 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 98020 |
| IRS990EZ/TotalRevenueAmt | 0 | 134266 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 63697 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 57851 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 56151 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 50738 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 46463 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 274900 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 54 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 108 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 274900 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 63697 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 57851 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 56151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 50738 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 46463 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 274900 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 275008 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Interest $221 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $7642 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Rental expenses - O & M $27275 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Rental expenses - Admin $18842 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Rental expenses - Insurance $6087 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rental expenses - Other exp $1260 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Machinery and Equipment - Beginning $261 Machinery and Equipment - Ending $992 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Accounts Receivable - Beginning $1092 Accounts Receivable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Prepaid Expenses and Deferred Charges - Beginning $412 Prepaid Expenses and Deferred Charges - Ending $2259 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $3302 Accounts Payable and Accrued Expenses - Ending $3422 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Deferred Revenue - Beginning $110 Deferred Revenue - Ending $67 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Secured Mortgages and Notes Payable - Beginning $24154 Secured Mortgages and Notes Payable - Ending $17019 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Tenant Deposit - Beginning $3600 Tenant Deposit - Ending $3650 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kyle Harrelson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Agent |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Laurel Estates Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAUR |
| ReturnHeader/Filer/EIN | 0 | 570602821 |
| ReturnHeader/Filer/PhoneNum | 0 | 8037883800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 23589 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Columbia |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29224 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 570957419 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | The Hobbs Group PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1704 Laurel Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Columbia |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29201 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8037990555 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Will Stevens CPA |
| ReturnHeader/ReturnTs | 0 | 2023-05-01T05:17:38-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Kyle |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Harrelson |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $208,313
- Liabilities
- $24,158
- Net assets
- $184,155
- Revenue
- $134,266
- Expenses
- $98,020
- Net income
- $36,246