Civic Intelligence

Ware Terrace Incorporated

990 • Fiscal year 2019 • EIN 58-1521907

Nov 01, 2018 to Oct 31, 2019 • Filed on Feb 01, 2020

Organization Profile
P O Box 1965Waycross, GA 31501

(912) 283-8778

Siviq Scores

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

Liabilities / Assets

77th percentile

0.40x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

1.29x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

62nd percentile

7.8%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets77th percentile

Assets

Flat

$1,399,127

Flat from 2019

Net Assets

Flat

$835,592

Flat from 2019

Liabilities

Flat

$563,535

Flat from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin86th percentile

Revenue

Flat

$436,558

Flat from 2019

Expenses

Flat

$287,380

Flat from 2019

Net Income

Flat

$149,178

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $720,311Liabilities 2011: $874,701Net Assets 2011: -$154,3902011Assets 2012: $805,021Liabilities 2012: $843,876Net Assets 2012: -$38,8552012Assets 2013: $905,488Liabilities 2013: $805,533Net Assets 2013: $99,9552013Assets 2014: $1,015,295Liabilities 2014: $772,769Net Assets 2014: $242,5262014Assets 2015: $1,122,414Liabilities 2015: $743,916Net Assets 2015: $378,4982015Assets 2016: $1,195,812Liabilities 2016: $694,431Net Assets 2016: $501,3812016Assets 2017: $1,267,406Liabilities 2017: $659,479Net Assets 2017: $607,9272017Assets 2018: $1,298,148Liabilities 2018: $611,734Net Assets 2018: $686,4142018Assets 2019: $1,399,127Liabilities 2019: $563,535Net Assets 2019: $835,5922019Assets 2019: $1,399,127Liabilities 2019: $563,535Net Assets 2019: $835,5922019Assets 2020: $1,468,272Liabilities 2020: $497,352Net Assets 2020: $970,9202020Assets 2021: $1,533,019Liabilities 2021: $440,790Net Assets 2021: $1,092,2292021Assets 2022: $1,540,069Liabilities 2022: $381,318Net Assets 2022: $1,158,7512022Assets 2023: $1,529,665Liabilities 2023: $301,176Net Assets 2023: $1,228,4892023Assets 2024: $1,514,195Liabilities 2024: $211,019Net Assets 2024: $1,303,1762024Assets 2025: $1,479,936Liabilities 2025: $127,279Net Assets 2025: $1,352,6572025

Highlighted filing

2019

Assets$1,399,127
Liabilities$563,535
Net Assets$835,592
Open 2019 Filing

Operations Trend

Revenue Growth73rd percentile

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

$600K$400K$200K$0Expenses 2011: $360,9162011Expenses 2012: $339,8472012Expenses 2013: $318,2802013Revenue 2014: $465,859Expenses 2014: $323,288Net Income 2014: $142,5712014Revenue 2015: $466,820Expenses 2015: $330,848Net Income 2015: $135,9722015Revenue 2016: $447,332Expenses 2016: $324,449Net Income 2016: $122,8832016Revenue 2017: $394,351Expenses 2017: $287,805Net Income 2017: $106,5462017Revenue 2018: $369,669Expenses 2018: $291,182Net Income 2018: $78,4872018Revenue 2019: $436,558Expenses 2019: $287,380Net Income 2019: $149,1782019Revenue 2019: $436,558Expenses 2019: $287,380Net Income 2019: $149,1782019Revenue 2020: $416,143Expenses 2020: $280,815Net Income 2020: $135,3282020Revenue 2021: $390,021Expenses 2021: $268,712Net Income 2021: $121,3092021Revenue 2022: $314,856Expenses 2022: $248,334Net Income 2022: $66,5222022Revenue 2023: $297,387Expenses 2023: $227,649Net Income 2023: $69,7382023Revenue 2024: $307,809Expenses 2024: $233,122Net Income 2024: $74,6872024Revenue 2025: $306,296Expenses 2025: $256,815Net Income 2025: $49,4812025

Highlighted filing

2019

Revenue$436,558
Expenses$287,380
Net Income$149,178
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Feb 1, 2020
Return Version
2018v3.1
Gross Receipts
$436,558
Mission and Program Overview

Mission

The purpose of this organization was to construct and operate an apartment complex of 40 units under section 8 of the national housing act. Such projects are regulated by hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,028,519$1,110,495▲ $81,976
Land, Buildings, and Equipment, Net$222,971$252,329▲ $29,358
Cash and Non-Interest-Bearing Accounts$44,564$35,458▼ $9,106
Accounts Receivable$2,094$845▼ $1,249
Total Assets$1,298,148$1,399,127▲ $100,979
Liabilities
Mortgage Notes Payable Secured by Investment Property$571,068$518,975▼ $52,093
Accounts Payable and Accrued Expenses$31,565$35,411▲ $3,846
Other Liabilities$9,101$9,149▲ $48
Total Liabilities$611,734$563,535▼ $48,199
Net Assets / Fund Balance
Unrestricted Net Assets$686,414$835,592▲ $149,178
Total Net Assets Fund Balance$686,414$835,592▲ $149,178
Total Liabilities and Net Assets / Fund Balance$1,298,148$1,399,127▲ $100,979

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$210,524$1,309,649$1,520,173
Equipment$2,865$45,358$48,223
Land$38,940-$38,940
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
C BillupsPresident
Ronald PaulkCFO
S BurdenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$431,874
Investment Income
$4,684
Other Revenue
$0
Change in Net Assets
$149,178

Audited Revenue Reconciliation

Revenue per Audited Statements
$436,558
Total Revenue per Audited Statements
$436,558
Total Revenue per Form 990
$436,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$258,682
Salaries, Compensation, and Employee Benefits$28,698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$115,448--$115,448
Interest$50,250--$50,250
Depreciation Depletion$36,425--$36,425
Other Salaries and Wages-$26,404-$26,404
Fees for Services Management-$22,613-$22,613
Insurance$10,298--$10,298
Fees for Services Accounting-$10,032-$10,032
Office Expenses$9,809--$9,809
Fees for Services Legal$2,831--$2,831
Payroll Taxes-$2,294-$2,294
Other Expenses$702--$702
Advertising$274--$274
Total Functional Expenses$226,037$61,343$0$287,380

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$287,380
Total Expenses per Audited Statements$287,380
Total Expenses per Form 990$287,380
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$9,149
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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 governing body review Part VI line 11

“At a call board meeting the 990 return is presented by the cpa preparer and answers any questions of the board.”

Governing documents etc available to public Part VI line 19

“There have been no request for any documents during the current taxable year.”

Filing and Contact Details

Filer

Filer Name
Ware Terrace Inc
EIN
58-1521907
Address
P O BOX 1965, Waycross, GA 31501

Signing Officer

Name
Ronald Paulk
Title
CFO
Phone
9122838778
Signed
2020-02-01
Discuss with paid preparer
No

Organization Details

Principal Officer
C Billups
Formed
1986
Legal Domicile
Ga
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Higginson and Paulk PC
Address
P O Box 1447, Waycross, GA 31502
Preparer
Ronald Paulk
Phone
9122838778
Raw XML Appendix341 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/BOYAmt031565
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035411
IRS990/AccountsReceivableGrp/BOYAmt02094
IRS990/AccountsReceivableGrp/EOYAmt0845
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THIS ORGANIZATION WAS TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 40 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD.
IRS990/AdvertisingGrp/ProgramServicesAmt0274
IRS990/AdvertisingGrp/TotalAmt0274
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0RONALD PAULK
IRS990/BooksInCareOfDetail/PhoneNum09122838778
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01061A ALICE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0Waycross
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd031501
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt044564
IRS990/CashNonInterestBearingGrp/EOYAmt035458
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/CYInvestmentIncomeAmt04684
IRS990/CYOtherExpensesAmt0258682
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0431874
IRS990/CYRevenuesLessExpensesAmt0149178
IRS990/CYSalariesCompEmpBnftPaidAmt028698
IRS990/CYTotalExpensesAmt0287380
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0436558
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036425
IRS990/DepreciationDepletionGrp/TotalAmt036425
IRS990/Desc0THE PURPOSE OF THIS ORGANIZATION WAS TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 40 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0226037
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010032
IRS990/FeesForServicesAccountingGrp/TotalAmt010032
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02831
IRS990/FeesForServicesLegalGrp/TotalAmt02831
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt022613
IRS990/FeesForServicesManagementGrp/TotalAmt022613
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0C BILLUPS
IRS990/Form990PartVIISectionAGrp/PersonNm1S BURDEN
IRS990/Form990PartVIISectionAGrp/PersonNm2RONALD PAULK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0436558
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010298
IRS990/InsuranceGrp/TotalAmt010298
IRS990/InterestGrp/ProgramServicesAmt050250
IRS990/InterestGrp/TotalAmt050250
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04684
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04684
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01355007
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0222971
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0252329
IRS990/LandBldgEquipCostOrOtherBssAmt01607336
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THIS ORGANIZATION WAS TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 40 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0571068
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0518975
IRS990/NetAssetsOrFundBalancesBOYAmt0686414
IRS990/NetAssetsOrFundBalancesEOYAmt0835592
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0115448
IRS990/OccupancyGrp/TotalAmt0115448
IRS990/OfficeExpensesGrp/ProgramServicesAmt09809
IRS990/OfficeExpensesGrp/TotalAmt09809
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0702
IRS990/OtherExpensesGrp/TotalAmt0702
IRS990/OtherLiabilitiesGrp/BOYAmt09101
IRS990/OtherLiabilitiesGrp/EOYAmt09149
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026404
IRS990/OtherSalariesAndWagesGrp/TotalAmt026404
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02294
IRS990/PayrollTaxesGrp/TotalAmt02294
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0C BILLUPS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/Desc0LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SECTION 8 PAYMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1431438
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1431438
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04629
IRS990/PYOtherExpensesAmt0258180
IRS990/PYProgramServiceRevenueAmt0365040
IRS990/PYRevenuesLessExpensesAmt078487
IRS990/PYSalariesCompEmpBnftPaidAmt033002
IRS990/PYTotalExpensesAmt0291182
IRS990/PYTotalRevenueAmt0369669
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0149178
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0431438
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01028519
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01110495
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0431438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0365040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0389990
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0443295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0463334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02093097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04629
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04361
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03486
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021197
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99000
IRS990ScheduleA/PublicSupportPY170Pct00.99090
IRS990ScheduleA/PublicSupportTotal170Amt02093097
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0431438
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0365040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0389990
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0443295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0463334
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02093097
IRS990ScheduleA/TotalSupportAmt02114294
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0210524
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01309649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01520173
IRS990ScheduleD/EquipmentGrp/BookValueAmt02865
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045358
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048223
IRS990ScheduleD/ExpensesSubtotalAmt0287380
IRS990ScheduleD/LandGrp/BookValueAmt038940
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0436558
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0252329
IRS990ScheduleD/TotalExpensesPerForm990Amt0287380
IRS990ScheduleD/TotalLiabilityAmt09149
IRS990ScheduleD/TotalRevenuePerForm990Amt0436558
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0436558
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0287380
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT A CALL BOARD MEETING THE 990 RETURN IS PRESENTED BY THE CPA PREPARER AND ANSWERS ANY QUESTIONS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE HAVE BEEN NO REQUEST FOR ANY DOCUMENTS DURING THE CURRENT TAXABLE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01298148
IRS990/TotalAssetsEOYAmt01399127
IRS990/TotalAssetsGrp/BOYAmt01298148
IRS990/TotalAssetsGrp/EOYAmt01399127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061343
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226037
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0611734
IRS990/TotalLiabilitiesEOYAmt0563535
IRS990/TotalLiabilitiesGrp/BOYAmt0611734
IRS990/TotalLiabilitiesGrp/EOYAmt0563535
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0686414
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0835592
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0226037
IRS990/TotalProgramServiceRevenueAmt0431874
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0436558
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0436558
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01298148
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01399127
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0686414
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0835592
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD PAULK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09122838778
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WARE TERRACE INC
ReturnHeader/Filer/BusinessNameControlTxt0WARE
ReturnHeader/Filer/EIN0581521907
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1965
ReturnHeader/Filer/USAddress/CityNm0Waycross
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031501
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05C55F205B3E8489C4B77364315954D409A27514A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05C55F205B3E8489C4B77364315954D409A27514A
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05869242020241w04diyq
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-08-28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.212.137.60
ReturnHeader/FilingSecurityInformation/IPDt02020-08-28
ReturnHeader/FilingSecurityInformation/IPTm008:22:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582071629
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Higginson and Paulk PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 1447
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waycross
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031502
ReturnHeader/PreparerPersonGrp/PhoneNum09122838778
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald Paulk
ReturnHeader/ReturnTs02020-08-28T08:13:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,399,127
Liabilities
$563,535
Net assets
$835,592
Revenue
$436,558
Expenses
$287,380
Net income
$149,178
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.13$1.35$0.31$0.26$0.05
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.21$1.30$0.31$0.23$0.07
2023Summary only. Only limited summary data is available for this year.$1.53$0.30$1.23$0.30$0.23$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.38$1.16$0.31$0.25$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.44$1.09$0.39$0.27$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.50$0.97$0.42$0.28$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.56$0.84$0.44$0.29$0.15
2019Summary only. Only limited summary data is available for this year.$1.40$0.56$0.84$0.44$0.29$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.61$0.69$0.37$0.29$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.66$0.61$0.39$0.29$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.69$0.50$0.45$0.32$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.74$0.38$0.47$0.33$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.77$0.24$0.47$0.32$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.81$0.10$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.84$0.04$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.87$0.15$0.36