Laurens County Resources Inc.

990EZ • Fiscal year 2013 • EIN 58-1736430

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 05, 2013

Organization Profile N/A

701 Bienville Blvd39564

Siviq Scores

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

1.71x

Higher debt load relative to assets than 96% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

3.96x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-12%

Higher net margin than 22% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-9.5%

Faster asset growth than 29% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

1.1%

Faster revenue growth than 49% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets96th percentile

Assets

Down

$129,054

Down $13,487 (-9.5%) from 2012

Net Assets

Down

-$91,731

Down $6,610 (-7.8%) from 2012

Liabilities

Down

$220,785

Down $6,877 (-3.0%) from 2012

Revenue And Expenses

Liabilities / Revenue98th percentile Net Margin22nd percentile

Revenue

$55,751

Up $595 (+1.1%) from 2012

Expenses

Down

$62,361

Down $3 (-0.0%) from 2012

Net Income

-$6,610

Up $598 (+8.3%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

Highlighted filing

2013

Assets$129,054

Liabilities$220,785

Net Assets-$91,731

Open 2013 Filing

Operations Trend

Revenue Growth49th percentile

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

Highlighted filing

2013

Revenue$55,751

Expenses$62,361

Net Income-$6,610

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Nov 5, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

Provides housing for the elderly and disabled persons under section 202 of the national housing act through an agreement with the department of hud.

Filing and Contact Details

Filer

EIN: 58-1736430

Raw XML Appendix211 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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IRS990EZ/CashSavingsAndInvestments/EOY	0	100
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-6610
IRS990EZ/FeesAndOthPymtToIndContractors	0	8390
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IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/InitiationFeesAndCapitalContri	0	0
IRS990EZ/InvestmentIncome	0	15
IRS990EZ/LandAndBuildings/BOY	0	111372
IRS990EZ/LandAndBuildings/EOY	0	97700
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
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IRS990EZ/NetAssetsOrFundBalancesBOY	0	-85121
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IRS990EZ/NetAssetsOrFundBalancesEOY	0	-91731
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	29869
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	MJ LANDRY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	WAYNE DURDEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	PATSY THOMAS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	BILL CLONTZ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	KATHY MOSES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	BOARD MEMBER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationFiled990T	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	31169
IRS990EZ/OtherAssetsTotal/EOY	0	31254
IRS990EZ/OtherExpensesTotal	0	22065
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	PROVIDES HOUSING FOR THE ELDERLY AND DISABLED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT THROUGH AN AGREEMENT WITH THE DEPARTMENT OF HUD.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	PROVIDES HOUSING FOR THE ELDERLY AND DISABLED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT THROUGH AN AGREEMENT WITH THE DEPARTMENT OF HUD.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	53971
IRS990EZ/ProgramServiceRevenue	0	55736
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/RelatedOrgSection527Org	0	false
IRS990EZ/SalariesOtherCompEmplBenefits	0	2037
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	227662
IRS990EZ/SumOfTotalLiabilities/EOY	0	220785
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	701 BIENVILLE BLVD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	OCEAN SPRINGS
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MS
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	39564
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	THE COLUMBIA PROPERTY GROUP
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2288183226
IRS990EZ/TotalAssets/BOY	0	142541
IRS990EZ/TotalAssets/EOY	0	129054
IRS990EZ/TotalExpenses	0	62361
IRS990EZ/TotalProgramServiceExpenses	0	53971
IRS990EZ/TotalRevenue	0	55751
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/AmtsFromSubstContributors/Total	0	0
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total	0	0
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	0
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear	0	15
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year	0	14
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years	0	39
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years	0	83
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years	0	158
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	309
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	55736
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	55142
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	56915
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	50746
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	41356
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	259895
IRS990ScheduleA/GrossReceiptsFromNonUBI/Total	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear	0	15
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year	0	14
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	39
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	83
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	158
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	309
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00120
IRS990ScheduleA/NetIncomeFromOtherUBI/Total	0	0
IRS990ScheduleA/OtherIncome509/Total	0	0
IRS990ScheduleA/Post1975UBTI/Total	0	0
IRS990ScheduleA/PriorYearSupportPercentage	0	0.99800
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00200
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.99880
IRS990ScheduleA/PublicSupportTotal509	0	259895
IRS990ScheduleA/TaxRevLeviedForOrgBenefit509/Total	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	55736
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	55142
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	56915
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	50746
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	41356
IRS990ScheduleA/Total509/Total	0	259895
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	55751
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	55156
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	56954
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	50829
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	41514
IRS990ScheduleA/TotalSupportTotal/Total	0	260204
IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total	0	0
IRS990ScheduleO/GeneralExplanation/Explanation	0	CASH OVERDRAFT - Beginning $359 CASH OVERDRAFT - Ending $0
IRS990ScheduleO/GeneralExplanation/Explanation	1	SECURITY DEPOSITS - Beginning $939 SECURITY DEPOSITS - Ending $939
IRS990ScheduleO/GeneralExplanation/Explanation	2	Secured Mortgages and Notes Payable - Beginning $206192 Secured Mortgages and Notes Payable - Ending $201488
IRS990ScheduleO/GeneralExplanation/Explanation	3	Accounts Payable and Accrued Expenses - Beginning $20172 Accounts Payable and Accrued Expenses - Ending $18358
IRS990ScheduleO/GeneralExplanation/Explanation	4	RESTRICTED DEPOSITS - Beginning $28863 RESTRICTED DEPOSITS - Ending $29057
IRS990ScheduleO/GeneralExplanation/Explanation	5	SECURITY DEPOSITS - Beginning $860 SECURITY DEPOSITS - Ending $960
IRS990ScheduleO/GeneralExplanation/Explanation	6	Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $125
IRS990ScheduleO/GeneralExplanation/Explanation	7	Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $630
IRS990ScheduleO/GeneralExplanation/Explanation	8	Furniture and Fixtures - Beginning $1446 Furniture and Fixtures - Ending $482
IRS990ScheduleO/GeneralExplanation/Explanation	9	MISC TAX, LISC, PERMITS, INS. $30
IRS990ScheduleO/GeneralExplanation/Explanation	10	ADMINISTRATIVE $450
IRS990ScheduleO/GeneralExplanation/Explanation	11	MISC FINANCIAL $2050
IRS990ScheduleO/GeneralExplanation/Explanation	12	OPER. & MAIN. $4197
IRS990ScheduleO/GeneralExplanation/Explanation	13	Depreciation $14006
IRS990ScheduleO/GeneralExplanation/Explanation	14	Conferences, Conventions, and Meetings $350
IRS990ScheduleO/GeneralExplanation/Explanation	15	Office Expenses $982
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.2
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part II, Line 26.1
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990-EZ, Part II, Line 26.1007
IRS990ScheduleO/GeneralExplanation/Identifier	3	Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier	4	Form 990-EZ, Part II, Line 24.2
IRS990ScheduleO/GeneralExplanation/Identifier	5	Form 990-EZ, Part II, Line 24.1
IRS990ScheduleO/GeneralExplanation/Identifier	6	Form 990-EZ, Part II, Line 24.1011
IRS990ScheduleO/GeneralExplanation/Identifier	7	Form 990-EZ, Part II, Line 24.1003
IRS990ScheduleO/GeneralExplanation/Identifier	8	Form 990-EZ, Part II, Line 24.1002
IRS990ScheduleO/GeneralExplanation/Identifier	9	Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier	10	Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier	11	Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier	12	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	13	Form 990-EZ, Part I, Line 16.1009
IRS990ScheduleO/GeneralExplanation/Identifier	14	Form 990-EZ, Part I, Line 16.1007
IRS990ScheduleO/GeneralExplanation/Identifier	15	Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Total Liabilities.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Total Liabilities.1
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IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Total Liabilities.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Assets.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Assets.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	6	Other Assets.1011
IRS990ScheduleO/GeneralExplanation/ReturnReference	7	Other Assets.1003
IRS990ScheduleO/GeneralExplanation/ReturnReference	8	Other Assets.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	9	Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference	10	Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference	11	Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	12	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	13	Other Expenses.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference	14	Other Expenses.1007
IRS990ScheduleO/GeneralExplanation/ReturnReference	15	Other Expenses.1002
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	581736430
ReturnHeader/Filer/Name/BusinessNameLine1	0	LAURENS COUNTY RESOURCES INC
ReturnHeader/Filer/NameControl	0	LAUR
ReturnHeader/Filer/Phone	0	2288183226
ReturnHeader/Filer/USAddress/AddressLine1	0	701 BIENVILLE BLVD
ReturnHeader/Filer/USAddress/City	0	OCEAN SPRINGS
ReturnHeader/Filer/USAddress/State	0	MS
ReturnHeader/Filer/USAddress/ZIPCode	0	39564
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-11-05
ReturnHeader/Officer/Name	0	MJ LANDRY
ReturnHeader/Officer/Title	0	President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	MADDOX & ASSOCIATES APC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	5627 BANKERS AVE BLDG 2
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	BATON ROUGE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	LA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	708082610
ReturnHeader/Preparer/Name	0	SCOTT ROBIN
ReturnHeader/Preparer/Phone	0	2259263360
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-05T09:00:53-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $129,054
Liabilities: $220,785
Net assets: -$91,731
Revenue: $55,751
Expenses: $62,361
Net income: -$6,610

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.27	$1.35	$1.08	$0.00	$0.00	$0.00
2023Detailed filing. Detailed filing data is available for this year.	$0.27	$1.35	$1.08	$0.00	$0.00	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$0.32	$1.44	$1.12	$0.67	$0.51	$0.16
2021Detailed filing. Detailed filing data is available for this year.	$0.30	$1.58	$1.28	$0.63	$0.55	$0.08
2020Detailed filing. Detailed filing data is available for this year.	$0.29	$1.65	$1.36	$0.59	$0.62	$0.03
2019Detailed filing. Detailed filing data is available for this year.	$0.37	$1.69	$1.32	$0.58	$0.66	$0.07
2018Detailed filing. Detailed filing data is available for this year.	$0.49	$1.74	$1.25	$0.60	$0.89	$0.29
2017Detailed filing. Detailed filing data is available for this year.	$0.85	$1.81	$0.96	$0.59	$0.54	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$0.89	$1.90	$1.01	$0.58	$0.60	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$0.99	$1.98	$0.99	$0.56	$0.61	$0.05
2014Detailed filing. Detailed filing data is available for this year.	$1.13	$2.06	$0.94	$0.57	$0.59	$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.29	$2.21	$0.92	$0.56	$0.62	$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.43	$2.28	$0.85	$0.55	$0.62	$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.54	$2.32	$0.78	$0.57	$0.57	$0.00