Civic Intelligence

Willow Run Adventist Apartments

EIN 58-2022882 • 501(c)3 • Huntsville, AL

Profile

To provide affordable housing for senior and disabled indiividuals.

1915 Rideout Road NWHuntsville, AL 35806
Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

24th percentile

-8.6%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

38th percentile

-0.0%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

36th percentile

0.2%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Assets

Down

$1,463,428

Down $330 (-0.0%) from 2019

Liabilities

Down

$41,031

Down $2,819 (-6.4%) from 2019

Net Assets

Up

$1,422,397

Up $2,489 (+0.2%) from 2019

Revenue

Up

$632,746

Up $3,019 (+0.5%) from 2019

Expenses

Up

$687,473

Up $53,864 (+8.5%) from 2019

Net Income

Down

-$54,727

Down $50,845 (-1310%) from 2019

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $2,035,797Liabilities 2010: $50,425Net Assets 2010: $1,985,3722010Assets 2011: $1,958,780Liabilities 2011: $55,091Net Assets 2011: $1,903,6892011Assets 2012: $1,931,721Liabilities 2012: $3,378,550Net Assets 2012: -$1,446,8292012Assets 2013: $1,866,098Liabilities 2013: $48,452Net Assets 2013: $1,817,6462013Assets 2014: $1,817,974Liabilities 2014: $3,402,126Net Assets 2014: -$1,584,1522014Assets 2015: $1,753,327Liabilities 2015: $3,455,297Net Assets 2015: -$1,701,9702015Assets 2016: $1,658,958Liabilities 2016: $3,417,684Net Assets 2016: -$1,758,7262016Assets 2017: $1,616,058Liabilities 2017: $3,436,051Net Assets 2017: -$1,819,9932017Assets 2018: $1,509,245Liabilities 2018: $84,302Net Assets 2018: $1,424,9432018Assets 2019: $1,463,758Liabilities 2019: $43,850Net Assets 2019: $1,419,9082019Assets 2021: $1,463,428Liabilities 2021: $41,031Net Assets 2021: $1,422,3972021

Highlighted filing

2021

Assets$1,463,428
Liabilities$41,031
Net Assets$1,422,397

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $554,4922010Expenses 2011: $602,3912011Revenue 2012: $568,436Expenses 2012: $583,415Net Income 2012: -$14,9792012Revenue 2013: $527,857Expenses 2013: $601,181Net Income 2013: -$73,3242013Revenue 2014: $528,329Expenses 2014: $600,883Net Income 2014: -$72,5542014Revenue 2015: $565,239Expenses 2015: $693,256Net Income 2015: -$128,0172015Revenue 2016: $579,866Expenses 2016: $647,716Net Income 2016: -$67,8502016Revenue 2017: $603,415Expenses 2017: $666,011Net Income 2017: -$62,5962017Revenue 2018: $618,327Expenses 2018: $712,499Net Income 2018: -$94,1722018Revenue 2019: $629,727Expenses 2019: $633,609Net Income 2019: -$3,8822019Revenue 2021: $632,746Expenses 2021: $687,473Net Income 2021: -$54,7272021

Highlighted filing

2021

Revenue$632,746
Expenses$687,473
Net Income-$54,727

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 26, 2017
Return Version
2016v3.0
Gross Receipts
$579,866
Mission and Program Overview

Mission

To provide affordable housing for senior and disabled indiividuals.

Providing low income housing to the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,559,372$1,485,325▼ $74,047
Cash and Non-Interest-Bearing Accounts$2,310$4,562▲ $2,252
Prepaid Expenses and Deferred Charges$670$670→ $0
Accounts Receivable-$454-
Total Assets$1,753,327$1,658,958▼ $94,369
Other Assets Total$190,975$167,947▼ $23,028
Liabilities
Other Liabilities$3,366,961$3,359,248▼ $7,713
Accounts Payable and Accrued Expenses$88,336$58,436▼ $29,900
Total Liabilities$3,455,297$3,417,684▼ $37,613
Net Assets / Fund Balance
Unrestricted Net Assets$-1,701,970$-1,758,726▼ $56,756
Total Net Assets Fund Balance$-1,701,970$-1,758,726▼ $56,756
Total Liabilities and Net Assets / Fund Balance$1,753,327$1,658,958▼ $94,369

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,272,742$1,536,724$2,809,466
Equipment$22,515$403,544$426,059
Land$189,900-$189,900
Other Land Buildings$168$1,830$1,998
Other Assets Org$11,300--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$574,590
Investment Income
$338
Other Revenue
$4,938
Change in Net Assets
$-67,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$579,866
Total Revenue per Audited Statements
$579,866
Total Revenue per Form 990
$579,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$74,047--$74,047
Other Expenses$72,931--$72,931
All Other Expenses$48,156--$48,156
Total Functional Expenses$647,716$0$0$647,716

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$647,716
Total Expenses per Audited Statements$647,716
Total Expenses per Form 990$647,716
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
Federal income taxes$3,337,800
Capital Advance$21,448
Tenant Security Deposit-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

The IRS form 990 is given to the management Agent to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved

Form 990, Part VI, Section C, Line 19

The IRS form 990 is given to the Management Agent to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved

Form 990, Part VI, Section B, Line 12A 12B

The board members are required to complete a conflict of interest form each year. If a conflict of interest occurs the board is nofified immediately.

Form 990, Part VI, Section B, Line 14

The company has a written retension and destruction policy.

Filing and Contact Details

Filer

Filer Name
Willow Run Adventist Apartments
EIN
58-2022882
Phone
4043721508
Address
1915 Rideout Road NW, Huntsville, AL 35806

Signing Officer

Name
Carol Wright
Title
Management Agent
Signed
2017-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Jones
Formed
1995
Legal Domicile
Al
Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Foster Ballard Foster
Address
P O Box 871089, Stone Mountain, GA 30087
Preparer
Peggy L Ballard CPA
Phone
4042546213
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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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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03337800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Capital Advance
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant Security Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0579866
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01485325
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0167947
IRS990ScheduleD/TotalExpensesPerForm990Amt0647716
IRS990ScheduleD/TotalLiabilityAmt03359248
IRS990ScheduleD/TotalRevenuePerForm990Amt0579866
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0579866
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0647716
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The IRS form 990 is given to the management Agent to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The IRS form 990 is given to the Management Agent to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board members are required to complete a conflict of interest form each year. If a conflict of interest occurs the board is nofified immediately.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The company has a written retension and destruction policy.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12A 12B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 14
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01753327
IRS990/TotalAssetsEOYAmt01658958
IRS990/TotalAssetsGrp/BOYAmt01753327
IRS990/TotalAssetsGrp/EOYAmt01658958
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0647716
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647716
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03455297
IRS990/TotalLiabilitiesEOYAmt03417684
IRS990/TotalLiabilitiesGrp/BOYAmt03455297
IRS990/TotalLiabilitiesGrp/EOYAmt03417684
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1701970
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1758726
IRS990/TotalProgramServiceExpensesAmt0647716
IRS990/TotalProgramServiceRevenueAmt0574590
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0579866
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0579866
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01753327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01658958
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1701970
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1758726
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01915 Rideout Road NW
IRS990/USAddress/CityNm0Huntsville
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035806
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Carol Wright
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Management Agent
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Willow Run Adventist Apartments
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0582022882
ReturnHeader/Filer/PhoneNum04043721508
ReturnHeader/Filer/USAddress/AddressLine1Txt01915 Rideout Road NW
ReturnHeader/Filer/USAddress/CityNm0Huntsville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035806
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DCFE020FEDC108AC55D2694A1369EDD328BABB65
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DCFE020FEDC108AC55D2694A1369EDD328BABB65
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt04.15.177.70
ReturnHeader/FilingSecurityInformation/IPDt02017-07-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm019:13:54
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foster Ballard Foster
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 871089
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Stone Mountain
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030087
ReturnHeader/PreparerPersonGrp/PhoneNum04042546213
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peggy L Ballard CPA
ReturnHeader/ReturnTs02017-06-26T10:32:56-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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