Civic Intelligence

Farmville Housing Development Corporation

EIN 58-2012192 • 501(c)3 • Farmville, NC

Profile

Provide low income housing

PO Box 484Farmville, NC 27828
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.52x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$153,889

Down $18,143 (-11%) from 2015

Liabilities

Down

$80,652

Down $65 (-0.1%) from 2015

Net Assets

Down

$73,237

Down $18,078 (-20%) from 2015

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2015

Expenses

Down

$18,078

Down $12,618 (-41%) from 2015

Net Income

Up

-$18,078

Up $12,618 (+41%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $513,191Liabilities 2011: $80,466Net Assets 2011: $432,7252011Assets 2012: $272,938Liabilities 2012: $80,078Net Assets 2012: $192,8602012Assets 2013: $232,922Liabilities 2013: $80,106Net Assets 2013: $152,8162013Assets 2014: $202,068Liabilities 2014: $80,054Net Assets 2014: $122,0142014Assets 2015: $172,032Liabilities 2015: $80,717Net Assets 2015: $91,3152015Assets 2016: $153,889Liabilities 2016: $80,652Net Assets 2016: $73,2372016

Highlighted filing

2016

Assets$153,889
Liabilities$80,652
Net Assets$73,237
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $59,6622011Expenses 2012: $243,9652012Revenue 2013: $0Expenses 2013: $40,044Net Income 2013: -$40,0442013Revenue 2014: $0Expenses 2014: $30,802Net Income 2014: -$30,8022014Revenue 2015: $0Expenses 2015: $30,696Net Income 2015: -$30,6962015Revenue 2016: $0Expenses 2016: $18,078Net Income 2016: -$18,0782016

Highlighted filing

2016

Revenue$0
Expenses$18,078
Net Income-$18,078
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$153,889
Liabilities
$80,652
Net assets
$73,237
Revenue
$0
Expenses
$18,078
Net income
-$18,078
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.81$0.73$0.00$0.18$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.81$0.91$0.00$0.31$0.31
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.80$1.22$0.00$0.31$0.31
2013Detailed filing. Detailed filing data is available for this year.$2.33$0.80$1.53$0.00$0.40$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.80$1.93$2.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.80$4.33$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Provide low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$80,000$80,000→ $0
Cash and Non-Interest-Bearing Accounts$92,032$73,889▼ $18,143
Total Assets$172,032$153,889▼ $18,143
Liabilities
Other Liabilities$80,000$80,000→ $0
Accounts Payable and Accrued Expenses$717$652▼ $65
Total Liabilities$80,717$80,652▼ $65
Net Assets / Fund Balance
Unrestricted Net Assets$91,315$73,237▼ $18,078
Total Net Assets Fund Balance$91,315$73,237▼ $18,078
Total Liabilities and Net Assets / Fund Balance$172,032$153,889▼ $18,143

Asset Categories

AssetBook ValueDepreciationBasis
Land$80,000-$80,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Richard N HicksPresident
Carolyn D WardBoard Member
Cassandra BlueBoard Member
Charlotte BattonSecretary/tr
Dorothy M RossVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-18,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,729
Other Expenses$8,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,033--$9,033
Fees for Services Accounting$5,620--$5,620
Occupancy$1,853--$1,853
Payroll Taxes$696--$696
Other Expenses$328--$328
Travel$50--$50
Total Functional Expenses$18,078$0$0$18,078
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
Due to Nc Initiative$80,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board reviews prior to filing”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Farmville Housing Development Corp
EIN
58-2012192
Phone
2523645270
Address
PO BOX 484, FARMVILLE, NC 27828

Signing Officer

Name
Richard N Hicks
Title
President
Phone
2527535116
Signed
2017-05-09

Organization Details

Principal Officer
Richard N Hicks
Voting Board Members
7
Independent Board Members
7
Employees
1

Preparer

Firm
Barrow Parris & Davenport Pa
Address
PO BOX 6069, KINSTON, NC 28501-0069
Preparer
Jay a Parris CPA
Phone
2525225200
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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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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