Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.24x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Balance Sheet
Assets
Up$245,704
Up $15,076 (+6.5%) from 2023
Net Assets
Down$186,675
Down $27,203 (-13%) from 2023
Liabilities
Up$59,029
Up $42,279 (+252%) from 2023
Revenue And Expenses
Revenue
Up$157,822
Up $15,273 (+11%) from 2023
Expenses
Up$185,025
Up $72,199 (+64%) from 2023
Net Income
Down-$27,203
Down $56,926 (-192%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 9, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $157,822
Mission and Program Overview
Mission
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. | - | $185,025 |
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
- 2025-05-09
- 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 $157”
Other Expenses.1009
“Depreciation $7582”
Other Expenses.1
“Rental expenses - Reserve exp. $59734”
Other Expenses.2
“Rental expenses - O & M $35635”
Other Expenses.3
“Rental expenses - Admin $19116”
Other Expenses.4
“Rental expenses - Insurance $11477”
Other Expenses.5
“Rental expenses - Other exp. $4582”
Other Assets.1003
“Machinery and Equipment - Beginning $554 Machinery and Equipment - Ending $301”
Other Assets.1005
“Accounts Receivable - Beginning $1285 Accounts Receivable - Ending $463”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2291 Prepaid Expenses and Deferred Charges - Ending $2605”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $3282 Accounts Payable and Accrued Expenses - Ending $429”
Total Liabilities.1003
“Deferred Revenue - Beginning $0 Deferred Revenue - Ending $48”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $9818 Secured Mortgages and Notes Payable - Ending $2619”
Total Liabilities.1
“Tenant Deposit - Beginning $3650 Tenant Deposit - Ending $3800”
Total Liabilities.2
“Other accrued liabilities - Beginning $0 Other accrued liabilities - Ending $52133”
Raw XML Appendix167 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 | 166066 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 189232 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 89768 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -27203 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 21040 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 230628 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 245704 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 157822 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 989 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 60432 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 53103 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 213878 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 186675 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 213878 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 186675 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 25702 |
| 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 | 4130 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3369 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 138283 |
| 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 | 67065 |
| 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 | 185025 |
| 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 | 16750 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 59029 |
| 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 | 185025 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 185025 |
| IRS990EZ/TotalRevenueAmt | 0 | 157822 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 89768 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 75002 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63697 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57851 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 56151 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 342469 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 989 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 264 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 54 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1321 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99620 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99880 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 342469 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 89768 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 75002 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63697 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57851 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 56151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 342469 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 343790 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Interest $157 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $7582 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Rental expenses - Reserve exp. $59734 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Rental expenses - O & M $35635 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Rental expenses - Admin $19116 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rental expenses - Insurance $11477 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Rental expenses - Other exp. $4582 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Machinery and Equipment - Beginning $554 Machinery and Equipment - Ending $301 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Receivable - Beginning $1285 Accounts Receivable - Ending $463 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Prepaid Expenses and Deferred Charges - Beginning $2291 Prepaid Expenses and Deferred Charges - Ending $2605 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $3282 Accounts Payable and Accrued Expenses - Ending $429 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Deferred Revenue - Beginning $0 Deferred Revenue - Ending $48 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Secured Mortgages and Notes Payable - Beginning $9818 Secured Mortgages and Notes Payable - Ending $2619 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Tenant Deposit - Beginning $3650 Tenant Deposit - Ending $3800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Other accrued liabilities - Beginning $0 Other accrued liabilities - Ending $52133 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kyle Harrelson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Agent |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-09 |
| 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 | 2025-05-09T09:48:03-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $245,704
- Liabilities
- $59,029
- Net assets
- $186,675
- Revenue
- $157,822
- Expenses
- $185,025
- Net income
- -$27,203