Civic Intelligence

Gamma Kappa Propertiesinc

990EZ • Fiscal year 2018 • EIN 58-1645527

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

201 S Zetterrower AveStatesboro, GA 30458

(912) 489-8756

Siviq Scores

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

Liabilities / Assets

94th percentile

0.75x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.77x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-32%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

15th percentile

-17%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-28%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$207,008

Down $43,902 (-17%) from 2017

Net Assets

Down

$51,104

Down $17,795 (-26%) from 2017

Liabilities

Down

$155,904

Down $26,107 (-14%) from 2017

Revenue

Down

$56,356

Down $22,320 (-28%) from 2017

Expenses

Down

$74,152

Down $3,717 (-4.8%) from 2017

Net Income

Down

-$17,796

Down $18,603 (-2305%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $348,685Liabilities 2011: $302,941Net Assets 2011: $45,7442011Assets 2012: $330,924Liabilities 2012: $288,513Net Assets 2012: $42,4112012Assets 2013: $311,125Liabilities 2013: $265,694Net Assets 2013: $45,4312013Assets 2014: $298,869Liabilities 2014: $255,606Net Assets 2014: $43,2632014Assets 2015: $282,860Liabilities 2015: $229,860Net Assets 2015: $53,0002015Assets 2016: $274,233Liabilities 2016: $206,141Net Assets 2016: $68,0922016Assets 2017: $250,910Liabilities 2017: $182,011Net Assets 2017: $68,8992017Assets 2018: $207,008Liabilities 2018: $155,904Net Assets 2018: $51,1042018Assets 2019: $189,551Liabilities 2019: $128,397Net Assets 2019: $61,1542019Assets 2020: $174,140Liabilities 2020: $108,173Net Assets 2020: $65,9672020Assets 2021: $222,471Liabilities 2021: $130,825Net Assets 2021: $91,6462021Assets 2024: $302,970Liabilities 2024: $175,191Net Assets 2024: $127,7792024

Highlighted filing

2018

Assets$207,008
Liabilities$155,904
Net Assets$51,104

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $52,722Expenses 2011: $61,843Net Income 2011: -$9,1212011Revenue 2012: $57,741Expenses 2012: $61,074Net Income 2012: -$3,3332012Revenue 2013: $58,922Expenses 2013: $55,902Net Income 2013: $3,0202013Revenue 2014: $72,946Expenses 2014: $75,114Net Income 2014: -$2,1682014Revenue 2015: $71,936Expenses 2015: $62,198Net Income 2015: $9,7382015Revenue 2016: $83,668Expenses 2016: $68,575Net Income 2016: $15,0932016Revenue 2017: $78,676Expenses 2017: $77,869Net Income 2017: $8072017Revenue 2018: $56,356Expenses 2018: $74,152Net Income 2018: -$17,7962018Revenue 2019: $68,143Expenses 2019: $58,093Net Income 2019: $10,0502019Revenue 2020: $61,602Expenses 2020: $56,788Net Income 2020: $4,8142020Revenue 2021: $93,954Expenses 2021: $68,272Net Income 2021: $25,6822021Revenue 2024: $111,301Expenses 2024: $94,096Net Income 2024: $17,2052024

Highlighted filing

2018

Revenue$56,356
Expenses$74,152
Net Income-$17,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$56,356
Mission and Program Overview

Mission

To provide housing for nonprofit fraternity

Program Services

DescriptionGrantsExpenses
TO PROVIDE HOUSING TO THE MEMBERS OF THE GAMMA KAPPA CHAPTER OF PI KAPPA PHI FRATERNITY, WHILE PROVIDING THE MEMBERS WITH SOCIAL AND NETWORKING OPPORTUNITIES.-$66,672
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLENN ASPINWALLCEO-$0--
DAVID A THOMPSONCFO-$0--
JEREMY RAGANSecretary-$0--
ERIC BRASWELLBoard Member-$0--
DAVID WHATLEYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Gamma Kappa Propertiesinc
EIN
58-1645527
Phone
9124898756
Address
201 S ZETTERROWER AVE, STATESBORO, GA 30458

Signing Officer

Name
David a Thompson
Title
CFO
Phone
9124898756
Signed
2019-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Lanier Deal & Proctor Cpas
Address
201 S ZETTEROWER AVE, STATESBORO, GA 30458-4823
Preparer
Richard N Deal CPA
Phone
9124898756
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest expense 9,893 insurance 4,227 janitorial 7,300 equipment lease 1,477 lawncare 2,909 pest control 680 repairs and maintenance 12,775 dues and subscriptions 550 management fees 3,203 miscellaneous 43 non-investment depreciation 1,143 total 44,200

Form 990-ez, Part II, Line 24

Furniture & equipment 92,823 92,823 less accumulated depreciation 62,066 67,121 total 30,757 25,702

Form 990-ez, Part II, Line 26

Note payable fmb 182,011 155,904

Raw XML Appendix120 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID A THOMPSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09124898756
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 S ZETTEROWER AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATESBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030458
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035607
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015319
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17796
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07480
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0250911
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0207008
IRS990EZ/GrossReceiptsAmt056356
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt025
IRS990EZ/LandAndBuildingsGrp/BOYAmt0184547
IRS990EZ/LandAndBuildingsGrp/EOYAmt0165987
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068900
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051104
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068900
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051104
IRS990EZ/OccupancyRentUtltsAndMaintAmt022472
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GLENN ASPINWALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID A THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEREMY RAGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIC BRASWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID WHATLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt030757
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025702
IRS990EZ/OtherExpensesTotalAmt044200
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE HOUSING FOR NONPROFIT FRATERNITY
IRS990EZ/ProgramServiceRevenueAmt056331
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE HOUSING TO THE MEMBERS OF THE GAMMA KAPPA CHAPTER OF PI KAPPA PHI FRATERNITY, WHILE PROVIDING THE MEMBERS WITH SOCIAL AND NETWORKING OPPORTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066672
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0182011
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0155904
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074152
IRS990EZ/TotalProgramServiceExpensesAmt066672
IRS990EZ/TotalRevenueAmt056356
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST EXPENSE 9,893 INSURANCE 4,227 JANITORIAL 7,300 EQUIPMENT LEASE 1,477 LAWNCARE 2,909 PEST CONTROL 680 REPAIRS AND MAINTENANCE 12,775 DUES AND SUBSCRIPTIONS 550 MANAGEMENT FEES 3,203 MISCELLANEOUS 43 NON-INVESTMENT DEPRECIATION 1,143 TOTAL 44,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & EQUIPMENT 92,823 92,823 LESS ACCUMULATED DEPRECIATION 62,066 67,121 TOTAL 30,757 25,702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE PAYABLE FMB 182,011 155,904
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID A THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09124898756
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GAMMA KAPPA PROPERTIESINC
ReturnHeader/Filer/BusinessNameControlTxt0GAMM
ReturnHeader/Filer/EIN0581645527
ReturnHeader/Filer/PhoneNum09124898756
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 S ZETTERROWER AVE
ReturnHeader/Filer/USAddress/CityNm0STATESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030458
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07909985B29982119F53ED1F6EDEF463508413F89
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09F50C3DE6F8CDDFF1DDBD35684E0BD549A1DAC77
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.160.48.229
ReturnHeader/FilingSecurityInformation/IPDt02019-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:12:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581820983
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LANIER DEAL & PROCTOR CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 S ZETTEROWER AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0304584823
ReturnHeader/PreparerPersonGrp/PhoneNum09124898756
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD N DEAL CPA
ReturnHeader/ReturnTs02019-11-07T11:12:36-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$1.75$1.28$1.11$0.94$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.22$1.31$0.92$0.94$0.68$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$1.08$0.66$0.62$0.57$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$1.28$0.61$0.68$0.58$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.07$1.56$0.51$0.56$0.74$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$1.82$0.69$0.79$0.78$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.74$2.06$0.68$0.84$0.69$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$2.30$0.53$0.72$0.62$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.99$2.56$0.43$0.73$0.75$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.11$2.66$0.45$0.59$0.56$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$2.89$0.42$0.58$0.61$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$3.03$0.46$0.53$0.62$0.09