Civic Intelligence

Gainesville Nonprofit Development Foundation Inc.

990 • Fiscal year 2023 • EIN 58-1098001

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 02, 2024

Organization ProfileN/A
PO Box 2496Gainesville, GA 30503

(770) 535-6866

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

5.83x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

81st percentile

28%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$104,075

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 194.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

30th percentile

-1.7%

Faster asset growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$2,120,638

Down $37,552 (-1.7%) from 2022

Net Assets

Up

$1,808,522

Up $14,832 (+0.8%) from 2022

Liabilities

Down

$312,116

Down $52,384 (-14%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin81st percentile

Revenue

Down

$53,498

Down $352,021 (-87%) from 2022

Expenses

Down

$38,666

Down $82,102 (-68%) from 2022

Net Income

Down

$14,832

Down $269,919 (-95%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

2023

Assets$2,120,638
Liabilities$312,116
Net Assets$1,808,522
Open 2023 Filing

Operations Trend

Revenue Growth1st percentile

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

2023

Revenue$53,498
Expenses$38,666
Net Income$14,832
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 2, 2024
Return Version
2022v5.0
Gross Receipts
$366,286
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
Savings and Temporary Cash Investments$1,322,444$754,321▼ $568,123
Other Notes and Loans Receivable, Net$411,486$661,841▲ $250,355
Cash and Non-Interest-Bearing Accounts$267,483$547,699▲ $280,216
Investments Program Related$156,777$156,777→ $0
Total Assets$2,158,190$2,120,638▼ $37,552
Liabilities
Accounts Payable and Accrued Expenses$323,202$276,170▼ $47,032
Deferred Revenue$41,298$35,946▼ $5,352
Total Liabilities$364,500$312,116▼ $52,384
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,793,690$1,808,522▲ $14,832
Total Net Assets Fund Balance$1,793,690$1,808,522▲ $14,832
Total Liabilities and Net Assets / Fund Balance$2,158,190$2,120,638▼ $37,552

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$156,777--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jessica TullarExecutive DiFT$104,075$104,075

Board Members and Trustees

NameTitle
Audrey SimmonsPresident
Barbara BrooksBoard Member
Joy GriffinBoard Member
Pamela HayesBoard Member
Ruth BrunerBoard Member
Theresa PuryearBoard Member
Carlyle CoxSecretary
Maria CalkinsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$32,642
Investment Income
$20,856
Other Revenue
$0
Change in Net Assets
$14,832

Audited Revenue Reconciliation

Revenue per Audited Statements
$53,498
Total Revenue per Audited Statements
$53,498
Total Revenue per Form 990
$53,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$1,356$5,285-$6,641
Fees for Services Accounting$6,000--$6,000
Occupancy-$2,632-$2,632
Travel$1,921--$1,921
Advertising-$1,516-$1,516
Fees for Services Legal$1,263--$1,263
Office Expenses$168--$168
Other Expenses$90$17,313-$90
Total Functional Expenses$11,920$26,746$0$38,666

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$38,666
Total Expenses per Audited Statements$38,666
Total Expenses per Form 990$38,666
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 35% controlled entity
No
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

Filer Name
Gainesville Non-profit Dev Fdn
EIN
58-1098001
Phone
7705356866
Address
PO BOX 2496, GAINESVILLE, GA 30503

Signing Officer

Name
Audrey Simmons
Title
President
Phone
7705356866
Signed
2024-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Simmons
Formed
1970
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Rushton LLC
Address
PO BOX 2917, GAINESVILLE, GA 30503
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 8 - 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. At the end of the current fiscal year, 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 2020.”

Raw XML Appendix364 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0323202
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0276170
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01516
IRS990/AdvertisingGrp/TotalAmt01516
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JEREMY PERRY
IRS990/BooksInCareOfDetail/PhoneNum07705356866
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0JOINT ADMIN BLDG
IRS990/BooksInCareOfDetail/USAddress/CityNm0GAINESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030501
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0267483
IRS990/CashNonInterestBearingGrp/EOYAmt0547699
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020856
IRS990/CYOtherExpensesAmt038666
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt032642
IRS990/CYRevenuesLessExpensesAmt014832
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt038666
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt053498
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt041298
IRS990/DeferredRevenueGrp/EOYAmt035946
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ASSIST LOW-INCOME TO MODERATE INCOME HOUSEHOLDS TO FINANCE ELIGIBLE AFFORDABLE HOMES BY PROVIDING DOWN PAYMENT, CLOSING COST, PRE-PAID ITEMS, AND PRINCIPAL REDUCTION ASSISTANCE. FUNDS ARE ALSO USED TO ASSIST EXISTING LOW-INCOME HOMEOWNERS BY PROVIDING REHABILITATION ASSISTANCE TO THEIR HOMES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt011920
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06000
IRS990/FeesForServicesAccountingGrp/TotalAmt06000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01263
IRS990/FeesForServicesLegalGrp/TotalAmt01263
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt028772
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JESSICA TULLAR
IRS990/Form990PartVIISectionAGrp/PersonNm1BARBARA BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm2RUTH BRUNER
IRS990/Form990PartVIISectionAGrp/PersonNm3MARIA CALKINS
IRS990/Form990PartVIISectionAGrp/PersonNm4CARLYLE COX
IRS990/Form990PartVIISectionAGrp/PersonNm5JOY GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm6PAMELA HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm7THERESA PURYEAR
IRS990/Form990PartVIISectionAGrp/PersonNm8AUDREY SIMMONS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt075303
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-12843
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0299945
IRS990/GrossReceiptsAmt0366286
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05285
IRS990/InsuranceGrp/ProgramServicesAmt01356
IRS990/InsuranceGrp/TotalAmt06641
IRS990/InvestmentIncomeGrp/ExclusionAmt033699
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033699
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0156777
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0156777
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0312788
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01793690
IRS990/NetAssetsOrFundBalancesEOYAmt01808522
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-12843
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12843
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01793690
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01808522
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02632
IRS990/OccupancyGrp/TotalAmt02632
IRS990/OfficeExpensesGrp/ProgramServicesAmt0168
IRS990/OfficeExpensesGrp/TotalAmt0168
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1COST OF PROJECTS
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017313
IRS990/OtherExpensesGrp/ProgramServicesAmt01122
IRS990/OtherExpensesGrp/ProgramServicesAmt190
IRS990/OtherExpensesGrp/TotalAmt017313
IRS990/OtherExpensesGrp/TotalAmt11122
IRS990/OtherExpensesGrp/TotalAmt290
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0411486
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0661841
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AUDREY SIMMONS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0236000
IRS990/ProgramServiceRevenueGrp/Desc0HOMEOWNER REHAB REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt032642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt032642
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0430003
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-29612
IRS990/PYOtherExpensesAmt0120696
IRS990/PYProgramServiceRevenueAmt05128
IRS990/PYRevenuesLessExpensesAmt0284751
IRS990/PYSalariesCompEmpBnftPaidAmt072
IRS990/PYTotalExpensesAmt0120768
IRS990/PYTotalRevenueAmt0405519
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt014832
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt032642
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01322444
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0754321
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0430003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0663988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0704350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07934
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01806275
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07977
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05875
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023292
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt091772
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0858408
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95160
IRS990ScheduleA/PublicSupportPY170Pct00.96400
IRS990ScheduleA/PublicSupportTotal170Amt01806275
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0430003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0663988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0704350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07934
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01806275
IRS990ScheduleA/TotalSupportAmt01898047
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt038666
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0156777
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROPERTY HELD FOR RESALE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt053498
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOTE 8 - 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. AT THE END OF THE CURRENT FISCAL YEAR, 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 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueProgramRltdAmt0156777
IRS990ScheduleD/TotalExpensesPerForm990Amt038666
IRS990ScheduleD/TotalRevenuePerForm990Amt053498
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt053498
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt038666
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02158190
IRS990/TotalAssetsEOYAmt02120638
IRS990/TotalAssetsGrp/BOYAmt02158190
IRS990/TotalAssetsGrp/EOYAmt02120638
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026746
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011920
IRS990/TotalFunctionalExpensesGrp/TotalAmt038666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0364500
IRS990/TotalLiabilitiesEOYAmt0312116
IRS990/TotalLiabilitiesGrp/BOYAmt0364500
IRS990/TotalLiabilitiesGrp/EOYAmt0312116
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01793690
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01808522
IRS990/TotalOtherCompensationAmt028772
IRS990/TotalProgramServiceExpensesAmt011920
IRS990/TotalProgramServiceRevenueAmt032642
IRS990/TotalRevenueGrp/ExclusionAmt033699
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019799
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053498
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02158190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02120638
IRS990/TotReportableCompRltdOrgAmt075303
IRS990/TravelGrp/ProgramServicesAmt01921
IRS990/TravelGrp/TotalAmt01921
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2496
IRS990/USAddress/CityNm0GAINESVILLE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030503
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUDREY SIMMONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07705356866
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GAINESVILLE NON-PROFIT DEV FDN
ReturnHeader/Filer/BusinessNameControlTxt0GAIN
ReturnHeader/Filer/EIN0581098001
ReturnHeader/Filer/PhoneNum07705356866
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2496
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030503
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0871753047
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUSHTON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2917
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030503
ReturnHeader/PreparerPersonGrp/PhoneNum07702877800
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J CHRIS HOLLIFIELD
ReturnHeader/ReturnTs02024-04-16T09:35:25-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AUDREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMMONS
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,120,638
Liabilities
$312,116
Net assets
$1,808,522
Revenue
$53,498
Expenses
$38,666
Net income
$14,832
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