Civic Intelligence

Sunflower Manor Inc.

990 • Fiscal year 2019 • EIN 58-1935907

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

21090 Cardinal LaneClarksdale, MS 38614

(601) 746-7984

Siviq Scores

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

Liabilities / Assets

96th percentile

1.54x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

2.68x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$457,747

Down $8,121 (-1.7%) from 2018

Net Assets

Up

-$245,431

Up $17,224 (+6.6%) from 2018

Liabilities

Down

$703,178

Down $25,345 (-3.5%) from 2018

Revenue

Down

$261,976

Down $47,218 (-15%) from 2018

Expenses

Down

$244,752

Down $42,830 (-15%) from 2018

Net Income

Down

$17,224

Down $4,388 (-20%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $632,973Liabilities 2010: $891,152Net Assets 2010: -$258,1792010Assets 2011: $613,136Liabilities 2011: $863,770Net Assets 2011: -$250,6342011Assets 2012: $632,217Liabilities 2012: $863,265Net Assets 2012: -$231,0482012Assets 2013: $559,481Liabilities 2013: $847,117Net Assets 2013: -$287,6362013Assets 2014: $543,579Liabilities 2014: $832,852Net Assets 2014: -$289,2732014Assets 2015: $524,622Liabilities 2015: $814,165Net Assets 2015: -$289,5432015Assets 2016: $501,378Liabilities 2016: $793,685Net Assets 2016: -$292,3072016Assets 2017: $471,733Liabilities 2017: $755,995Net Assets 2017: -$284,2622017Assets 2018: $465,868Liabilities 2018: $728,523Net Assets 2018: -$262,6552018Assets 2019: $457,747Liabilities 2019: $703,178Net Assets 2019: -$245,4312019Assets 2020: $446,336Liabilities 2020: $692,542Net Assets 2020: -$246,2062020Assets 2021: $421,808Liabilities 2021: $701,238Net Assets 2021: -$279,4302021Assets 2022: $390,406Liabilities 2022: $665,582Net Assets 2022: -$275,1762022Assets 2023: $359,613Liabilities 2023: $620,472Net Assets 2023: -$260,8592023Assets 2024: $339,158Liabilities 2024: $563,176Net Assets 2024: -$224,0182024

Highlighted filing

2019

Assets$457,747
Liabilities$703,178
Net Assets-$245,431

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $209,1642010Expenses 2011: $212,0802011Expenses 2012: $202,1982012Revenue 2013: $158,604Expenses 2013: $215,192Net Income 2013: -$56,5882013Revenue 2014: $221,202Expenses 2014: $222,839Net Income 2014: -$1,6372014Revenue 2015: $221,938Expenses 2015: $222,208Net Income 2015: -$2702015Revenue 2016: $225,374Expenses 2016: $228,138Net Income 2016: -$2,7642016Revenue 2017: $242,319Expenses 2017: $234,275Net Income 2017: $8,0442017Revenue 2018: $309,194Expenses 2018: $287,582Net Income 2018: $21,6122018Revenue 2019: $261,976Expenses 2019: $244,752Net Income 2019: $17,2242019Revenue 2020: $274,383Expenses 2020: $275,159Net Income 2020: -$7762020Revenue 2021: $269,317Expenses 2021: $302,541Net Income 2021: -$33,2242021Revenue 2022: $252,146Expenses 2022: $247,892Net Income 2022: $4,2542022Revenue 2023: $277,416Expenses 2023: $265,257Net Income 2023: $12,1592023Revenue 2024: $299,243Expenses 2024: $258,494Net Income 2024: $40,7492024

Highlighted filing

2019

Revenue$261,976
Expenses$244,752
Net Income$17,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.1
Gross Receipts
$261,976
Mission and Program Overview

Mission

Provide low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$316,097$295,569▼ $20,528
Savings and Temporary Cash Investments$105,889$120,267▲ $14,378
Cash and Non-Interest-Bearing Accounts$27,771$20,826▼ $6,945
Accounts Receivable$3,943$8,500▲ $4,557
Prepaid Expenses and Deferred Charges$4,769$5,916▲ $1,147
Total Assets$465,868$457,747▼ $8,121
Other Assets Total$7,399$6,669▼ $730
Liabilities
Unsecured Notes Loans Payable$716,984$689,932▼ $27,052
Accounts Payable and Accrued Expenses$6,815$7,611▲ $796
Other Liabilities$4,724$5,635▲ $911
Total Liabilities$728,523$703,178▼ $25,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-262,655$-245,431▲ $17,224
Total Net Assets Fund Balance$-262,655$-245,431▲ $17,224
Total Liabilities and Net Assets / Fund Balance$465,868$457,747▼ $8,121

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$244,569$681,458-
Land$51,000--
Equipment$0$30,790-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$192,483
Program Service Revenue
$69,137
Investment Income
$341
Other Revenue
$15
Change in Net Assets
$17,224

Audited Revenue Reconciliation

Revenue per Audited Statements
$261,976
Total Revenue per Audited Statements
$261,976
Total Revenue per Form 990
$261,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,408
Salaries, Compensation, and Employee Benefits$24,344
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$144,035$0$0$144,035
Fees for Services Other$21,376$0$0$21,376
Other Salaries and Wages$8,988$12,384$0$21,372
Depreciation Depletion$20,528$0$0$20,528
Fees for Services Management$0$16,525$0$16,525
Fees for Services Accounting$0$11,750$0$11,750
Office Expenses$0$5,079$0$5,079
Payroll Taxes$1,010$1,391$0$2,401
Other Employee Benefits$240$331$0$571
Travel$0$557$0$557
Insurance$500$0$0$500
Other Expenses$0$58$0$58
Total Functional Expenses$196,677$48,075$0$244,752

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,752
Total Expenses per Audited Statements$244,752
Total Expenses per Form 990$244,752
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 Deposit$5,099
Accured payroll taxes$536
Due to Other Projects$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Filing and Contact Details

Filer

Filer Name
Sunflower Manor
EIN
58-1935907
Phone
6017467984
Address
21090 Cardinal Lane, Clarksdale, MS 38614

Signing Officer

Name
Joffre A Washington
Title
President
Phone
6017467984
Signed
2020-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joffre A Washington
Formed
1987
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
0

Preparer

Firm
Brown Ewing & Co PA
Address
308 Highland Park Cove, Ridgeland, MS 39157
Preparer
Kaiser R Brown
Phone
6013535423
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

The Organization does not have a written conflict of

Pt VI, Line 19

interest policy.

Pt XII, Line 2C

The organization's Board of Directors have oversight responsibility for the selection of the

Pt XII, Line 2C

audit and review of the financial statements.

Pt VI, Line 11B

The Board of Directors review the 990 along with the audited financial statements.

Pt VI, Line 3

The organization delegate management control to League Management Team to manage the daily operations.

Financial Statement Notes

Pt X, Line 2

Sunflower Manor Apartments, Inc. is exempt from corporate Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from Mississippi income taxes. Therefore, no provision has been made for Federal or Mississippi corporate income taxes in the accompanying financial statements. Sunflower Manor Apartments, Inc. has analyzed its tax positions taken for filings with the Internal Revenue. It believes that its tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. The Organization's federal and state income tax returns for adopted recently issued accounting principles related to uncertain tax positions for 2016, 2017, and 2018 are subject to examination by the federal, state and local taxing authorities, generally for three years after they are filed.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0185779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0169370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0900394
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt069478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064269
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt056540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt059602
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052568
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0302457
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01260800
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt057934
IRS990ScheduleA/OtherIncome170Grp/TotalAmt057949
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71410
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.71760
IRS990ScheduleA/PublicSupportTotal170Amt0900394
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0192483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0186990
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0185779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165772
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0169370
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0900394
IRS990ScheduleA/TotalSupportAmt01260800
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0244569
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0681458
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0926027
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030790
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt030790
IRS990ScheduleD/ExpensesSubtotalAmt0244752
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt051000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt051000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Other Projects
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accured payroll taxes
IRS990ScheduleD/RevenueSubtotalAmt0261976
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Sunflower Manor Apartments, Inc. is exempt from corporate Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from Mississippi income taxes. Therefore, no provision has been made for Federal or Mississippi corporate income taxes in the accompanying financial statements. Sunflower Manor Apartments, Inc. has analyzed its tax positions taken for filings with the Internal Revenue. It believes that its tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. The Organization's federal and state income tax returns for adopted recently issued accounting principles related to uncertain tax positions for 2016, 2017, and 2018 are subject to examination by the federal, state and local taxing authorities, generally for three years after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0295569
IRS990ScheduleD/TotalExpensesPerForm990Amt0244752
IRS990ScheduleD/TotalLiabilityAmt05635
IRS990ScheduleD/TotalRevenuePerForm990Amt0261976
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0261976
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244752
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization does not have a written conflict of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's Board of Directors have oversight responsibility for the selection of the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3audit and review of the financial statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors review the 990 along with the audited financial statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization delegate management control to League Management Team to manage the daily operations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 3
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0465868
IRS990/TotalAssetsEOYAmt0457747
IRS990/TotalAssetsGrp/BOYAmt0465868
IRS990/TotalAssetsGrp/EOYAmt0457747
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0192483
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048075
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0196677
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0728523
IRS990/TotalLiabilitiesEOYAmt0703178
IRS990/TotalLiabilitiesGrp/BOYAmt0728523
IRS990/TotalLiabilitiesGrp/EOYAmt0703178
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-262655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-245431
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0196677
IRS990/TotalProgramServiceRevenueAmt069137
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069493
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0261976
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0465868
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0457747
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0557
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0557
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0716984
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0689932
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 1192
IRS990/USAddress/CityNm0Yazoo City
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039194
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$5.63$2.24$2.99$2.58$0.41
2023Summary only. Only limited summary data is available for this year.$3.60$6.20$2.61$2.77$2.65$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$6.66$2.75$2.52$2.48$0.04
2021Summary only. Only limited summary data is available for this year.$4.22$7.01$2.79$2.69$3.03$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$6.93$2.46$2.74$2.75$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.58$7.03$2.45$2.62$2.45$0.17
2018Summary only. Only limited summary data is available for this year.$4.66$7.29$2.63$3.09$2.88$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$7.56$2.84$2.42$2.34$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$7.94$2.92$2.25$2.28$0.03
2015Detailed filing. Detailed filing data is available for this year.$5.25$8.14$2.90$2.22$2.22$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.44$8.33$2.89$2.21$2.23$0.02
2013Detailed filing. Detailed filing data is available for this year.$5.59$8.47$2.88$1.59$2.15$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$8.63$2.31$2.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$8.64$2.51$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$8.91$2.58$2.09