Civic Intelligence

Stratton Homes Inc.

990EZ • Fiscal year 2018 • EIN 57-1027586

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 05, 2018

PO Box 310Camden, SC 29020

(803) 536-1056

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

0.52x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

40th percentile

-2.9%

Faster asset growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

5.6%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$281,627

Down $8,340 (-2.9%) from 2017

Net Assets

Down

$244,016

Down $7,984 (-3.2%) from 2017

Liabilities

Down

$37,611

Down $356 (-0.9%) from 2017

Revenue

Up

$71,831

Up $3,787 (+5.6%) from 2017

Expenses

Up

$79,815

Up $5,149 (+6.9%) from 2017

Net Income

Down

-$7,984

Down $1,362 (-21%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $336,273Liabilities 2011: $42,098Net Assets 2011: $294,1752011Assets 2012: $341,456Liabilities 2012: $44,107Net Assets 2012: $297,3492012Assets 2013: $337,060Liabilities 2013: $40,824Net Assets 2013: $296,2362013Assets 2014: $324,590Liabilities 2014: $43,148Net Assets 2014: $281,4422014Assets 2015: $311,541Liabilities 2015: $39,333Net Assets 2015: $272,2082015Assets 2016: $295,352Liabilities 2016: $36,730Net Assets 2016: $258,6222016Assets 2017: $289,967Liabilities 2017: $37,967Net Assets 2017: $252,0002017Assets 2018: $281,627Liabilities 2018: $37,611Net Assets 2018: $244,0162018Assets 2019: $268,867Liabilities 2019: $30,112Net Assets 2019: $238,7552019Assets 2020: $267,968Liabilities 2020: $37,955Net Assets 2020: $230,0132020Assets 2021: $253,217Liabilities 2021: $36,249Net Assets 2021: $216,9682021Assets 2022: $244,248Liabilities 2022: $30,188Net Assets 2022: $214,0602022Assets 2023: $294,902Liabilities 2023: $88,811Net Assets 2023: $206,0912023Assets 2024: $237,012Liabilities 2024: $32,214Net Assets 2024: $204,7982024Assets 2025: $241,458Liabilities 2025: $39,197Net Assets 2025: $202,2612025

Highlighted filing

2018

Assets$281,627
Liabilities$37,611
Net Assets$244,016

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $53,920Expenses 2011: $61,331Net Income 2011: -$7,4112011Revenue 2012: $71,844Expenses 2012: $68,670Net Income 2012: $3,1742012Revenue 2013: $60,600Expenses 2013: $61,713Net Income 2013: -$1,1132013Revenue 2014: $58,562Expenses 2014: $73,356Net Income 2014: -$14,7942014Revenue 2015: $57,971Expenses 2015: $67,205Net Income 2015: -$9,2342015Revenue 2016: $69,240Expenses 2016: $82,826Net Income 2016: -$13,5862016Revenue 2017: $68,044Expenses 2017: $74,666Net Income 2017: -$6,6222017Revenue 2018: $71,831Expenses 2018: $79,815Net Income 2018: -$7,9842018Revenue 2019: $70,846Expenses 2019: $76,107Net Income 2019: -$5,2612019Revenue 2020: $77,810Expenses 2020: $86,552Net Income 2020: -$8,7422020Revenue 2021: $79,563Expenses 2021: $92,608Net Income 2021: -$13,0452021Revenue 2022: $83,177Expenses 2022: $86,085Net Income 2022: -$2,9082022Revenue 2023: $92,170Expenses 2023: $100,139Net Income 2023: -$7,9692023Revenue 2024: $92,710Expenses 2024: $88,340Net Income 2024: $4,3702024Revenue 2025: $93,871Expenses 2025: $96,408Net Income 2025: -$2,5372025

Highlighted filing

2018

Revenue$71,831
Expenses$79,815
Net Income-$7,984
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$71,831
Mission and Program Overview

Mission

Stratton homes, inc. Operates two residential group houses located in lugoff, south carolina for persons with intellectual and developmental disabilities. The organization constructed the homes using financing provided by section 811 of the cranston-gonzales national affordable housing act that provides capital advances to nonprofit owners of housing occupied by disabled persons between the ages of 18 and 62.

Program Services

DescriptionGrantsExpenses
OPERATE AND MMAINTAIN TWO RESIDENTIAL GROUP HOMES FOR INDIVIDUALS IN KERSHAW COUNTY WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.-$59,879
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERRY LARSONVice Chairpe-$0--
THEODORE JACKSONBoard Member-$0--
ED STOKESBoard Member-$0--
DAVID BAKERBoard Member-$0--
JONATHAN PACEChair-$0--
PAUL JOSEPHBoard Member-$0--
JASON KIRINCICHBoard Member-$0--
MOLLY KORNEGAYSecretary/Tr-$0--
DR JAMES SHAWBoard Member-$0--
ZENOBIA CORLEYExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Stratton Homes Inc
EIN
57-1027586
Address
PO BOX 310, CAMDEN, SC 29020

Signing Officer

Name
Zenobia Corley
Title
Executive Director
Signed
2018-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Cantey Tiller Pierce & Green Llp
Address
PO BOX 862, CAMDEN, SC 29021
Preparer
Henry D Green Iii
Phone
8034321436
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 9,596 convention and meetings 426 workmans comp insurance 341 other expenses 1,063 bond insurance 25 supplies 4,275 other taxes and insurance 410 non-investment depreciation 15,102 total 31,238

Form 990-ez, Part II, Line 24

Accounts receivable 0 1,979 prepaid expenses and deferred charges 4,309 1,385 replacement reserve 27,670 30,681 escrow deposits 2,304 7,016 tenant deposits held in trust 1,722 1,724 residual receipts reserve 2,001 1,501 total 38,006 44,286

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 36,245 35,887 tenant security deposits 1,722 1,724

Form 990-ez, Part III

Stratton homes, inc. Operates two residential group houses located in lugoff, south carolina for persons with intellectual and developmental disabilities. The organization constructed the homes using financing provided by section 811 of the cranston-gonzales national affordable housing act that provides capital advances to nonprofit owners of housing occupied by disabled persons between the ages of 18 and 62.

Form 990-ez, Part IV

The executive director is paid a salary through the related organization, kershaw county dsnb. The hud project is not billed for this salary, therefore, it is not reported on form 990ez.

Raw XML Appendix183 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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IRS990EZ/PrimaryExemptPurposeTxt0STRATTON HOMES, INC. OPERATES TWO RESIDENTIAL GROUP HOUSES LOCATED IN LUGOFF, SOUTH CAROLINA FOR PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. THE ORGANIZATION CONSTRUCTED THE HOMES USING FINANCING PROVIDED BY SECTION 811 OF THE CRANSTON-GONZALES NATIONAL AFFORDABLE HOUSING ACT THAT PROVIDES CAPITAL ADVANCES TO NONPROFIT OWNERS OF HOUSING OCCUPIED BY DISABLED PERSONS BETWEEN THE AGES OF 18 AND 62.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 9,596 CONVENTION AND MEETINGS 426 WORKMANS COMP INSURANCE 341 OTHER EXPENSES 1,063 BOND INSURANCE 25 SUPPLIES 4,275 OTHER TAXES AND INSURANCE 410 NON-INVESTMENT DEPRECIATION 15,102 TOTAL 31,238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 1,979 PREPAID EXPENSES AND DEFERRED CHARGES 4,309 1,385 REPLACEMENT RESERVE 27,670 30,681 ESCROW DEPOSITS 2,304 7,016 TENANT DEPOSITS HELD IN TRUST 1,722 1,724 RESIDUAL RECEIPTS RESERVE 2,001 1,501 TOTAL 38,006 44,286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 36,245 35,887 TENANT SECURITY DEPOSITS 1,722 1,724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STRATTON HOMES, INC. OPERATES TWO RESIDENTIAL GROUP HOUSES LOCATED IN LUGOFF, SOUTH CAROLINA FOR PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. THE ORGANIZATION CONSTRUCTED THE HOMES USING FINANCING PROVIDED BY SECTION 811 OF THE CRANSTON-GONZALES NATIONAL AFFORDABLE HOUSING ACT THAT PROVIDES CAPITAL ADVANCES TO NONPROFIT OWNERS OF HOUSING OCCUPIED BY DISABLED PERSONS BETWEEN THE AGES OF 18 AND 62.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR IS PAID A SALARY THROUGH THE RELATED ORGANIZATION, KERSHAW COUNTY DSNB. THE HUD PROJECT IS NOT BILLED FOR THIS SALARY, THEREFORE, IT IS NOT REPORTED ON FORM 990EZ.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART IV
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
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ReturnHeader/PreparerPersonGrp/PhoneNum08034321436
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HENRY D GREEN III
ReturnHeader/ReturnTs02018-11-09T12:15:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.41$0.39$2.02$0.94$0.96$0.03
2024Detailed filing. Detailed filing data is available for this year.$2.37$0.32$2.05$0.93$0.88$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.89$2.06$0.92$1.00$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.44$0.30$2.14$0.83$0.86$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.36$2.17$0.80$0.93$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.68$0.38$2.30$0.78$0.87$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.69$0.30$2.39$0.71$0.76$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.82$0.38$2.44$0.72$0.80$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.38$2.52$0.68$0.75$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.95$0.37$2.59$0.69$0.83$0.14
2015Detailed filing. Detailed filing data is available for this year.$3.12$0.39$2.72$0.58$0.67$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.25$0.43$2.81$0.59$0.73$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.41$2.96$0.61$0.62$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.44$2.97$0.72$0.69$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.42$2.94$0.54$0.61$0.07