Civic Intelligence

Central Methodist Two Incorporated

EIN 58-1238510 • 501(c)3 • Decatur, GA

Profile

To operate a hud-assisted apartment community for low-income persons.

501-7 Mitchell Street SWSuiteDecatur, GA 30314

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-45419%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-8.9%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

24th percentile

-33%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$125,618

Down $12,263 (-8.9%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$125,618

Down $12,263 (-8.9%) from 2015

Revenue

Down

$27

Down $13 (-33%) from 2015

Expenses

Up

$12,290

Up $275 (+2.3%) from 2015

Net Income

Down

-$12,263

Down $288 (-2.4%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,733,201Liabilities 2010: $198,769Net Assets 2010: $1,534,4322010Assets 2011: $1,604,144Liabilities 2011: $121,898Net Assets 2011: $1,482,2462011Assets 2012: $223,270Liabilities 2012: $0Net Assets 2012: $223,2702012Assets 2013: $163,866Liabilities 2013: $0Net Assets 2013: $163,8662013Assets 2014: $149,856Liabilities 2014: $0Net Assets 2014: $149,8562014Assets 2015: $137,881Liabilities 2015: $0Net Assets 2015: $137,8812015Assets 2016: $125,618Liabilities 2016: $0Net Assets 2016: $125,6182016

Highlighted filing

2016

Assets$125,618
Liabilities$0
Net Assets$125,618

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $872,3852010Revenue 2011: $763,659Expenses 2011: $817,407Net Income 2011: -$53,7482011Expenses 2012: $4,841,0742012Revenue 2013: $19,521Expenses 2013: $78,925Net Income 2013: -$59,4042013Revenue 2014: $205Expenses 2014: $14,215Net Income 2014: -$14,0102014Revenue 2015: $40Expenses 2015: $12,015Net Income 2015: -$11,9752015Revenue 2016: $27Expenses 2016: $12,290Net Income 2016: -$12,2632016

Highlighted filing

2016

Revenue$27
Expenses$12,290
Net Income-$12,263

Filings

Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2013 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 28, 2014
Return Version
2013v3.1
Gross Receipts
$19,521
Mission and Program Overview

Mission

To operate a hud-assisted apartment community for low-income persons. Assets were sold in 2012 and entity is operating until dissolved.

To operate a hud-assisted apartment community for low-income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$175,282$98,043▼ $77,239
Accounts Receivable$0$37,500▲ $37,500
Cash and Non-Interest-Bearing Accounts$25,640$28,323▲ $2,683
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$223,270$163,866▼ $59,404
Other Assets Total$22,348$0▼ $22,348
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$223,270$163,866▼ $59,404
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$223,270$163,866▼ $59,404
Total Liabilities and Net Assets / Fund Balance$223,270$163,866▼ $59,404
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joyce MontomgeryChairman
Calvin Favorsdirector
Hazel BarkleyDirector
James Gordondirector
Rev Byron Thomasdirector
avery munningsdirector
lloyd swaindirector
steven westdirector
Richard WadeCEO/CFO
Regina BrownSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,478
Investment Income
$43
Other Revenue
$0
Change in Net Assets
$-59,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,925
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
Fees for Services Legal$22,204--$22,204
Fees for Services Accounting$20,772--$20,772
Fees for Services Management$14,331--$14,331
Other Expenses$913--$913
Total Functional Expenses$78,925$0$0$78,925
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

form 990 part VI section B #12C

board members are required to make known any changes which are an actual or apparent conflict of interest.

form 990 part VI section C #19

the organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

part VI Section B #11

A copy of the form 990 is furnished to the chairman of the board, who then makes it available to the other board members. after questions and comments are cleared, the return is filed.

form 990 part VI section A #3

the organization contracted DWILLIAMS Management Group LLC to manage the property.

Filing and Contact Details

Filer

EIN
58-1238510
In Care Of
% DWILLIAMS MANAGEMENT GROUP
Phone
4046589985

Signing Officer

Name
Joyce W Montgomery
Title
President
Phone
7043329100
Signed
2014-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
richard wade
Formed
1969
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Phone
7043329100
Supplemental Narrative

Additional Explanations

Form 990 Part II # 3

The entity sold its land, buildings and related assets at the end of 2012 in an arm's length transaction. All income and expenses included on this return were transactions to close out operations. The remaining cash is expected to be distributed in 2014 and the entity will be then dissolved.

Raw XML AppendixShowing 400 of 444 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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IRS990/Form990PartVIISectionAGrp/TitleTxt9director
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/IRPDocumentCnt00
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0393949
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt020248
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0347073
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0761270
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.81296
IRS990ScheduleA/PublicSupportPY509Pct00.84025
IRS990ScheduleA/PublicSupportTotal509Amt03313905
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019478
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0743490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0757843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0846864
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0946230
IRS990ScheduleA/Total509Grp/TotalAmt03313905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01137644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0757976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0867388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01293822
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04076351
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0board members are required to make known any changes which are an actual or apparent conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1the organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the form 990 is furnished to the chairman of the board, who then makes it available to the other board members. after questions and comments are cleared, the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the organization contracted DWILLIAMS Management Group LLC to manage the property.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The entity sold its land, buildings and related assets at the end of 2012 in an arm's length transaction. All income and expenses included on this return were transactions to close out operations. The remaining cash is expected to be distributed in 2014 and the entity will be then dissolved.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0form 990 part vi section B #12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1form 990 part vi section c #19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2part VI Section B #11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3form 990 part VI section A #3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 Part II # 3
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10Central Methodist Gardens Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581093336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0low-inc hsng
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10501-7 Mitchell Street SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Atlanta
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode030314
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0223270
IRS990/TotalAssetsEOYAmt0163866
IRS990/TotalAssetsGrp/BOYAmt0223270
IRS990/TotalAssetsGrp/EOYAmt0163866
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt078925
IRS990/TotalFunctionalExpensesGrp/TotalAmt078925
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0223270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0163866
IRS990/TotalProgramServiceExpensesAmt078925
IRS990/TotalProgramServiceRevenueAmt019478
IRS990/TotalRevenueGrp/ExclusionAmt043
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019478
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019521
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0223270
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0163866

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