Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% 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
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Balance Sheet
Assets
Up$230,628
Up $22,315 (+11%) from 2022
Net Assets
Up$213,878
Up $29,723 (+16%) from 2022
Liabilities
Down$16,750
Down $7,408 (-31%) from 2022
Revenue And Expenses
Revenue
Up$142,549
Up $8,283 (+6.2%) from 2022
Expenses
Up$112,826
Up $14,806 (+15%) from 2022
Net Income
Down$29,723
Down $6,523 (-18%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 2, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $142,549
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. | - | $112,826 |
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
- 2024-05-02
- 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 $156”
Other Expenses.1009
“Depreciation $7767”
Other Expenses.1
“Rental expenses - O & M $26352”
Other Expenses.2
“Rental expenses - Admin $22128”
Other Expenses.3
“Rental expenses - Insurance $7017”
Other Expenses.4
“Rental expenses - Reserve exp. $6064”
Other Expenses.5
“Rental expenses - Other exp. $4075”
Other Assets.1003
“Machinery and Equipment - Beginning $992 Machinery and Equipment - Ending $554”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1285”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2259 Prepaid Expenses and Deferred Charges - Ending $2291”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $3422 Accounts Payable and Accrued Expenses - Ending $3282”
Total Liabilities.1003
“Deferred Revenue - Beginning $67 Deferred Revenue - Ending $0”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $17019 Secured Mortgages and Notes Payable - Ending $9818”
Total Liabilities.1
“Tenant Deposit - Beginning $3650 Tenant Deposit - Ending $3650”
Raw XML Appendix171 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 | 137301 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 166066 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 75002 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 29723 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 19250 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 208313 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 230628 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 142549 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 264 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 67761 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 60432 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 184155 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 213878 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 184155 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 213878 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20017 |
| 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 | 3251 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4130 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73559 |
| 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 | 67283 |
| 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 | 112826 |
| 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 | 24158 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 16750 |
| 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 | 112826 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 112826 |
| IRS990EZ/TotalRevenueAmt | 0 | 142549 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 75002 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 63697 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57851 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56151 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50738 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 303439 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 264 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 353 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99880 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 303439 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 75002 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 63697 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57851 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50738 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 303439 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 303792 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Interest $156 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $7767 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Rental expenses - O & M $26352 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Rental expenses - Admin $22128 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Rental expenses - Insurance $7017 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rental expenses - Reserve exp. $6064 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Rental expenses - Other exp. $4075 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Machinery and Equipment - Beginning $992 Machinery and Equipment - Ending $554 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1285 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Prepaid Expenses and Deferred Charges - Beginning $2259 Prepaid Expenses and Deferred Charges - Ending $2291 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $3422 Accounts Payable and Accrued Expenses - Ending $3282 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Deferred Revenue - Beginning $67 Deferred Revenue - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Secured Mortgages and Notes Payable - Beginning $17019 Secured Mortgages and Notes Payable - Ending $9818 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Tenant Deposit - Beginning $3650 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 Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | 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 | 2024-05-02 |
| 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 | 2024-05-06T09:05:39-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Kyle |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Harrelson |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $230,628
- Liabilities
- $16,750
- Net assets
- $213,878
- Revenue
- $142,549
- Expenses
- $112,826
- Net income
- $29,723