Civic Intelligence

Midway Apartments Inc.

990 • Fiscal year 2018 • EIN 58-1485399

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

PO Box 1308Griffin, GA 30224

(770) 227-8975

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.22x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

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

Top Officer Pay

84th percentile

$22,083

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

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

Asset Growth

96th percentile

264%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Up

$369,718

Up $268,225 (+264%) from 2017

Net Assets

Up

$293,137

Up $193,093 (+193%) from 2017

Liabilities

Up

$76,581

Up $75,132 (+5185%) from 2017

Revenue

Up

$348,010

Up $146,049 (+72%) from 2017

Expenses

Up

$154,917

Up $20,783 (+15%) from 2017

Net Income

Up

$193,093

Up $125,266 (+185%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $100,437Liabilities 2010: $1,6012010Assets 2011: $71,720Liabilities 2011: $7532011Assets 2012: $74,959Liabilities 2012: $2,355Net Assets 2012: $72,6042012Assets 2013: $53,534Liabilities 2013: $1,999Net Assets 2013: $51,5352013Assets 2014: $44,943Liabilities 2014: $2,202Net Assets 2014: $42,7412014Assets 2015: $44,840Liabilities 2015: $4,012Net Assets 2015: $40,8282015Assets 2016: $33,404Liabilities 2016: $1,187Net Assets 2016: $32,2172016Assets 2017: $101,493Liabilities 2017: $1,449Net Assets 2017: $100,0442017Assets 2018: $369,718Liabilities 2018: $76,581Net Assets 2018: $293,1372018Assets 2019: $433,298Liabilities 2019: $51,432Net Assets 2019: $381,8662019Assets 2020: $418,361Liabilities 2020: $66,394Net Assets 2020: $351,9672020Assets 2021: $378,941Liabilities 2021: $20,407Net Assets 2021: $358,5342021Assets 2022: $374,631Liabilities 2022: $8,465Net Assets 2022: $366,1662022Assets 2023: $329,026Liabilities 2023: $0Net Assets 2023: $329,0262023Assets 2024: $347,995Liabilities 2024: $24,387Net Assets 2024: $323,6082024

Highlighted filing

2018

Assets$369,718
Liabilities$76,581
Net Assets$293,137

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $164,546Expenses 2010: $185,085Net Income 2010: -$20,5392010Revenue 2011: $188,078Expenses 2011: $215,947Net Income 2011: -$27,8692011Revenue 2012: $169,277Expenses 2012: $167,640Net Income 2012: $1,6372012Revenue 2013: $121,230Expenses 2013: $142,299Net Income 2013: -$21,0692013Revenue 2014: $142,291Expenses 2014: $151,085Net Income 2014: -$8,7942014Revenue 2015: $146,243Expenses 2015: $148,156Net Income 2015: -$1,9132015Revenue 2016: $139,916Expenses 2016: $148,527Net Income 2016: -$8,6112016Revenue 2017: $201,961Expenses 2017: $134,134Net Income 2017: $67,8272017Revenue 2018: $348,010Expenses 2018: $154,917Net Income 2018: $193,0932018Revenue 2019: $332,355Expenses 2019: $243,626Net Income 2019: $88,7292019Revenue 2020: $255,914Expenses 2020: $285,813Net Income 2020: -$29,8992020Revenue 2021: $310,146Expenses 2021: $303,579Net Income 2021: $6,5672021Revenue 2022: $322,134Expenses 2022: $314,502Net Income 2022: $7,6322022Revenue 2023: $316,201Expenses 2023: $353,341Net Income 2023: -$37,1402023Revenue 2024: $367,120Expenses 2024: $372,538Net Income 2024: -$5,4182024

Highlighted filing

2018

Revenue$348,010
Expenses$154,917
Net Income$193,093
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$363,100
Mission and Program Overview

Mission

Midway Recovery Systems is a private, non-profit organization which offers a 90-day Intensive Residential Recovery Program for alcohol and drug addiction for males twenty-one (21) and older.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,999$14,683▼ $19,316
Cash and Non-Interest-Bearing Accounts$58,637$5,975▼ $52,662
Savings and Temporary Cash Investments$100$0▼ $100
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$101,493$369,718▲ $268,225
Other Assets Total$8,757$349,060▲ $340,303
Liabilities
Mortgage Notes Payable Secured by Investment Property-$75,200-
Other Liabilities$1,449$1,381▼ $68
Total Liabilities$1,449$76,581▲ $75,132
Net Assets / Fund Balance
Unrestricted Net Assets$100,044$293,137▲ $193,093
Total Net Assets Fund Balance$100,044$293,137▲ $193,093
Total Liabilities and Net Assets / Fund Balance$101,493$369,718▲ $268,225

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$14,683$825$15,508
Other Assets Org$349,060--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Toni MonroeExecutive DirectorFT$22,083$22,083
Lester WindsorExecutive DirecFT$5,425$5,425

Board Members and Trustees

NameTitle
Walter Jones JrPresident
Hal JohnsonVice President
Chuck KnowlesBoard Member
Darrell WhatleyBoard Member
Marcy FlanaganBoard Member
Steve ArnoldBoard Member
Tim CramerBoard Member
Tom InglisBoard Member
Walter Jones SrBoard Member
Dick MorrowBaord Member
Ann CherretteSecretary
Daniel SearcyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$270,480
Program Service Revenue
$67,617
Investment Income
$9,913
Other Revenue
$0
All Other Contributions
$270,480
Change in Net Assets
$193,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,295
Salaries, Compensation, and Employee Benefits$37,622
Total Fundraising Expense$2,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$13,754$11,004$2,750$27,508
Insurance-$17,694-$17,694
All Other Expenses$2,476$6,315-$8,791
Other Salaries and Wages$4,012$2,939-$6,951
Office Expenses-$6,495-$6,495
Fees for Services Accounting-$3,541-$3,541
Payroll Taxes$1,886$1,067$210$3,163
Other Expenses$15,878$3,135-$3,135
Depreciation Depletion-$2,551-$2,551
Advertising-$748-$748
Total Functional Expenses$87,352$64,605$2,960$154,917
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes & Withholdings$1,378
Rounding$3
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Midway Apartments Inc
EIN
58-1485399
Phone
7702278975
Address
PO BOX 1308, GRIFFIN, GA 30224

Signing Officer

Name
Walter Jones Jr
Title
President
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
13
Employees
4

Preparer

Firm
Rooks Waltz Jackson & Esary Inc
Address
1120 Zebulon Rd, Griffin, GA 30224
Preparer
Angie Jackson Ea
Phone
7702275008
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IRS990/MissionDesc0Midway Recovery Systems is a private, non-profit organization which offers a 90-day Intensive Residential Recovery Program for alcohol and drug addiction for males twenty-one (21) and older.
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt08757
IRS990/OtherAssetsTotalGrp/EOYAmt0349060
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CONSULTANTS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2RESIDENTS EXPENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt040229
IRS990/OtherExpensesGrp/ProgramServicesAmt19117
IRS990/OtherExpensesGrp/ProgramServicesAmt215878
IRS990/OtherExpensesGrp/TotalAmt040229
IRS990/OtherExpensesGrp/TotalAmt118233
IRS990/OtherExpensesGrp/TotalAmt215878
IRS990/OtherExpensesGrp/TotalAmt33135
IRS990/OtherLiabilitiesGrp/BOYAmt01449
IRS990/OtherLiabilitiesGrp/EOYAmt01381
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02939
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0210
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IRS990/PayrollTaxesGrp/ProgramServicesAmt01886
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IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
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IRS990/ProgramServiceRevenueGrp/Desc0IN-HOUSE RES FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTS - EXT CARE
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IRS990/PYContributionsGrantsAmt0131353
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYTotalExpensesAmt0134134
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0193093
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt086959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt069655
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt072408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0631554
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt070901
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt069781
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt022
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09110
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99070
IRS990ScheduleA/PublicSupportPY509Pct00.99970
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0201954
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0139809
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0146239
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0142189
IRS990ScheduleA/Total509Grp/TotalAmt0969287
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0348009
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0201961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0139916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0146242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0142291

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.48$0.24$3.24$3.67$3.73$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$3.16$3.53$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.75$0.08$3.66$3.22$3.15$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.79$0.20$3.59$3.10$3.04$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.18$0.66$3.52$2.56$2.86$0.30
2019Detailed filing. Detailed filing data is available for this year.$4.33$0.51$3.82$3.32$2.44$0.89
2018Detailed filing. Detailed filing data is available for this year.$3.70$0.77$2.93$3.48$1.55$1.93
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$2.02$1.34$0.68
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.40$1.49$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.41$1.46$1.48$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$1.42$1.51$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$1.21$1.42$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.02$0.73$1.69$1.68$0.02
2011Summary only. Only limited summary data is available for this year.$0.72$0.01$1.88$2.16$0.28
2010Summary only. Only limited summary data is available for this year.$1.00$0.02$1.65$1.85$0.21
Peer Organizations

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