Civic Intelligence

Gainesville Nonprofit Development Foundation Inc.

990 • Fiscal year 2014 • EIN 58-1098001

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 15, 2015

PO Box 249630503

(770) 535-6866

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.39x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.40x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

38th percentile

$26,164

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

100th percentile

2004%

Faster revenue growth than 100% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,281,709

Up $194,076 (+18%) from 2013

Net Assets

Up

$785,006

Up $47,034 (+6.4%) from 2013

Liabilities

Up

$496,703

Up $147,042 (+42%) from 2013

Revenue

Up

$353,743

Up $336,927 (+2004%) from 2013

Expenses

Up

$306,709

Up $227,812 (+289%) from 2013

Net Income

Up

$47,034

Up $109,115 (+176%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,467,612Liabilities 2011: $553,665Net Assets 2011: $913,9472011Assets 2012: $1,247,148Liabilities 2012: $447,095Net Assets 2012: $800,0532012Assets 2013: $1,087,633Liabilities 2013: $349,661Net Assets 2013: $737,9722013Assets 2014: $1,281,709Liabilities 2014: $496,703Net Assets 2014: $785,0062014Assets 2015: $1,253,654Liabilities 2015: $419,532Net Assets 2015: $834,1222015Assets 2016: $1,147,911Liabilities 2016: $509,463Net Assets 2016: $638,4482016Assets 2017: $1,680,106Liabilities 2017: $566,191Net Assets 2017: $1,113,9152017Assets 2018: $1,468,894Liabilities 2018: $491,701Net Assets 2018: $977,1932018Assets 2019: $1,403,119Liabilities 2019: $408,971Net Assets 2019: $994,1482019Assets 2020: $2,277,923Liabilities 2020: $586,655Net Assets 2020: $1,691,2682020Assets 2021: $1,939,653Liabilities 2021: $430,714Net Assets 2021: $1,508,9392021Assets 2022: $2,158,190Liabilities 2022: $364,500Net Assets 2022: $1,793,6902022Assets 2023: $2,120,638Liabilities 2023: $312,116Net Assets 2023: $1,808,5222023Assets 2024: $2,102,107Liabilities 2024: $265,100Net Assets 2024: $1,837,0072024

Highlighted filing

2014

Assets$1,281,709
Liabilities$496,703
Net Assets$785,006

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $26,195Expenses 2011: $174,431Net Income 2011: -$148,2362011Revenue 2012: $12,461Expenses 2012: $126,355Net Income 2012: -$113,8942012Revenue 2013: $16,816Expenses 2013: $78,897Net Income 2013: -$62,0812013Revenue 2014: $353,743Expenses 2014: $306,709Net Income 2014: $47,0342014Revenue 2015: $168,746Expenses 2015: $119,630Net Income 2015: $49,1162015Revenue 2016: $274,903Expenses 2016: $470,577Net Income 2016: -$195,6742016Revenue 2017: $1,288,299Expenses 2017: $812,832Net Income 2017: $475,4672017Revenue 2018: $383,436Expenses 2018: $520,158Net Income 2018: -$136,7222018Revenue 2019: $67,577Expenses 2019: $50,622Net Income 2019: $16,9552019Revenue 2020: $740,041Expenses 2020: $42,921Net Income 2020: $697,1202020Revenue 2021: $1,439,388Expenses 2021: $1,621,717Net Income 2021: -$182,3292021Revenue 2022: $405,519Expenses 2022: $120,768Net Income 2022: $284,7512022Revenue 2023: $53,498Expenses 2023: $38,666Net Income 2023: $14,8322023Revenue 2024: $66,172Expenses 2024: $37,687Net Income 2024: $28,4852024

Highlighted filing

2014

Revenue$353,743
Expenses$306,709
Net Income$47,034
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 15, 2015
Return Version
2013v4.0
Gross Receipts
$353,743
Mission and Program Overview

Mission

To eliminate slums, combat community deterioration, secure adequate housing, purchase and/or develop land, and improve living conditions in the city of gainesville, georgia and engage in all lawful activities directly or indirectly related thereto.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$346,712$492,866▲ $146,154
Cash and Non-Interest-Bearing Accounts$544,748$449,854▼ $94,894
Investments Program Related-$285,627-
Accounts Receivable$5,458$52,293▲ $46,835
Land, Buildings, and Equipment, Net$190,715$1,069▼ $189,646
Total Assets$1,087,633$1,281,709▲ $194,076
Liabilities
Accounts Payable and Accrued Expenses$212,290$392,981▲ $180,691
Deferred Revenue$137,371$103,722▼ $33,649
Total Liabilities$349,661$496,703▲ $147,042
Net Assets / Fund Balance
Unrestricted Net Assets$737,972$785,006▲ $47,034
Total Net Assets Fund Balance$737,972$785,006▲ $47,034
Total Liabilities and Net Assets / Fund Balance$1,087,633$1,281,709▲ $194,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$14,674$14,674
Land$1,069-$1,069
Investment Program Related Org$285,627--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chris DavisExecutive DiPT$26,164$26,164

Board Members and Trustees

NameTitle
Richard YoungPresident
Audrey SimmonsBoard Member
Broughton CochranBoard Member
Camille Viera-hewellBoard Member
Emory TurnerBoard Member
Leroy SummerourSecretary-tr
Carlyle CoxVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$320,517
Program Service Revenue
$28,471
Investment Income
$4,755
Other Revenue
$0
Change in Net Assets
$47,034

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$95,982Market Value
Total Noncash Contributions1$95,982-

Audited Revenue Reconciliation

Revenue per Audited Statements
$353,743
Total Revenue per Audited Statements
$353,743
Total Revenue per Form 990
$353,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$280,545
Salaries, Compensation, and Employee Benefits$26,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$25,750$414-$26,164
Fees for Services Legal$5,556--$5,556
Conferences and Meetings$2,936--$2,936
Fees for Services Accounting-$2,750-$2,750
Occupancy$1,308$1,308-$2,616
Other Expenses$1,236$137-$1,373
Office Expenses$658$659-$1,317
Insurance-$1,081-$1,081
All Other Expenses$391$34-$425
Travel$148--$148
Advertising-$70-$70
Total Functional Expenses$294,189$12,520$0$306,709

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$306,709
Total Expenses per Audited Statements$306,709
Total Expenses per Form 990$306,709
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the return is presented to the board members for review before it is given to the president for signature.

Form 990, Page 6, Part VI, Line 19

The organization makes all documentation available upon request.

Filing and Contact Details

Filer

EIN
58-1098001
Phone
7705356866

Signing Officer

Name
Richard Young
Title
President
Phone
7705356866
Signed
2015-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Young
Formed
1970
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
J Chris Hollifield
Phone
7702877800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To eliminate slums, combat community deterioration, secure adequate housing, purchase and/or develop land, and improve living conditions in the city of gainesville, georgia and engage in all lawful activities directly or indirectly related thereto.

Financial Statement Notes

Schedule D, Page 3, Part X

Note 5 - uncertain tax positions effective july 1, 2009, the foundation implemented the new accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. The guidance prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required before being recognized in the financial statements. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of june 30, 2014, the foundation has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. With few exceptions, the foundation is no longer subject to u.s. Federal, state, and local income tax examinations by tax authorities for years before fiscal year 2010.

Raw XML Appendix384 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024699
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149438
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0522148
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROPERTY HELD FOR RESALE
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01069
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOTE 5 - UNCERTAIN TAX POSITIONS EFFECTIVE JULY 1, 2009, THE FOUNDATION IMPLEMENTED THE NEW ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. THE GUIDANCE PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2014, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE FISCAL YEAR 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ELIMINATE SLUMS, COMBAT COMMUNITY DETERIORATION, SECURE ADEQUATE HOUSING, PURCHASE AND/OR DEVELOP LAND, AND IMPROVE LIVING CONDITIONS IN THE CITY OF GAINESVILLE, GEORGIA AND ENGAGE IN ALL LAWFUL ACTIVITIES DIRECTLY OR INDIRECTLY RELATED THERETO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE RETURN IS PRESENTED TO THE BOARD MEMBERS FOR REVIEW BEFORE IT IS GIVEN TO THE PRESIDENT FOR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ALL DOCUMENTATION AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalReportableCompFromOrgAmt026164
IRS990/TotalRevenueGrp/ExclusionAmt04755
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IRS990/USAddress/State0GA
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IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07705356866
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10GAINESVILLE NON-PROFIT DEV FDN
ReturnHeader/Filer/BusinessNameControlTxt0GAIN
ReturnHeader/Filer/EIN0581098001
ReturnHeader/Filer/PhoneNum07705356866
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ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582282374
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10RUSHTON & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 2917
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode030503
ReturnHeader/PreparerPersonGrp/PhoneNum07702877800
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J CHRIS HOLLIFIELD
ReturnHeader/ReturnTs02015-04-16T16:30:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.10$0.27$1.84$0.07$0.04$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.12$0.31$1.81$0.05$0.04$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.36$1.79$0.41$0.12$0.28
2021Detailed filing. Detailed filing data is available for this year.$1.94$0.43$1.51$1.44$1.62$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.28$0.59$1.69$0.74$0.04$0.70
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.41$0.99$0.07$0.05$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.49$0.98$0.38$0.52$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.57$1.11$1.29$0.81$0.48
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.51$0.64$0.27$0.47$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.25$0.42$0.83$0.17$0.12$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.50$0.79$0.35$0.31$0.05
2013Summary only. Only limited summary data is available for this year.$1.09$0.35$0.74$0.02$0.08$0.06
2012Summary only. Only limited summary data is available for this year.$1.25$0.45$0.80$0.01$0.13$0.11
2011Summary only. Only limited summary data is available for this year.$1.47$0.55$0.91$0.03$0.17$0.15