Civic Intelligence

Mount Olive Gardens No 1 Inc.

990 • Fiscal year 2015 • EIN 59-1403029

Sep 01, 2014 to Aug 31, 2015 • Filed on Nov 12, 2016

Organization ProfileN/A
4360 W Oakland Park BlvdFort Lauderdale, FL 33313

(954) 733-7700

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.11x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

65th percentile

0.11x

Higher debt load relative to revenue than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

83rd percentile

27%

Faster asset growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

6.8%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Flat

$491,521

Flat from 2015

Net Assets

Flat

$435,029

Flat from 2015

Liabilities

Flat

$56,492

Flat from 2015

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin72nd percentile

Revenue

Flat

$509,436

Flat from 2015

Expenses

Flat

$436,985

Flat from 2015

Net Income

Flat

$72,451

Flat from 2015

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $338,614Liabilities 2011: $24,193Net Assets 2011: $314,4212011Assets 2012: $1,841,781Liabilities 2012: $348,938Net Assets 2012: $1,492,8432012Assets 2013: $298,158Liabilities 2013: $24,751Net Assets 2013: $273,4072013Assets 2014: $385,584Liabilities 2014: $23,006Net Assets 2014: $362,5782014Assets 2015: $491,521Liabilities 2015: $56,492Net Assets 2015: $435,0292015Assets 2015: $491,521Liabilities 2015: $56,492Net Assets 2015: $435,0292015Assets 2016: $439,774Liabilities 2016: $34,252Net Assets 2016: $405,5222016Assets 2017: $539,154Liabilities 2017: $24,482Net Assets 2017: $514,6722017Assets 2018: $808,783Liabilities 2018: $35,045Net Assets 2018: $773,7382018Assets 2019: $945,044Liabilities 2019: $31,147Net Assets 2019: $913,8972019Assets 2020: $1,136,842Liabilities 2020: $43,605Net Assets 2020: $1,093,2372020Assets 2021: $1,211,755Liabilities 2021: $69,216Net Assets 2021: $1,142,5392021Assets 2022: $1,312,238Liabilities 2022: $96,630Net Assets 2022: $1,215,6082022Assets 2023: $1,530,592Liabilities 2023: $386,881Net Assets 2023: $1,143,7112023Assets 2024: $973,595Liabilities 2024: $70,276Net Assets 2024: $903,3192024Assets 2025: $964,669Liabilities 2025: $63,414Net Assets 2025: $901,2552025

Highlighted filing

2015

Assets$491,521
Liabilities$56,492
Net Assets$435,029
Open 2015 Filing

Operations Trend

Revenue Growth57th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $49,700Expenses 2011: $56,777Net Income 2011: -$7,0772011Revenue 2012: $118,730Expenses 2012: $0Net Income 2012: $118,7302012Expenses 2013: $648,9942013Revenue 2014: $477,183Expenses 2014: $388,012Net Income 2014: $89,1712014Revenue 2015: $509,436Expenses 2015: $436,985Net Income 2015: $72,4512015Revenue 2015: $509,436Expenses 2015: $436,985Net Income 2015: $72,4512015Revenue 2016: $639,736Expenses 2016: $669,243Net Income 2016: -$29,5072016Revenue 2017: $644,304Expenses 2017: $535,154Net Income 2017: $109,1502017Revenue 2018: $683,114Expenses 2018: $424,048Net Income 2018: $259,0662018Revenue 2019: $688,256Expenses 2019: $548,097Net Income 2019: $140,1592019Revenue 2020: $706,500Expenses 2020: $527,160Net Income 2020: $179,3402020Revenue 2021: $678,267Expenses 2021: $628,965Net Income 2021: $49,3022021Revenue 2022: $748,855Expenses 2022: $675,786Net Income 2022: $73,0692022Revenue 2023: $846,878Expenses 2023: $918,775Net Income 2023: -$71,8972023Revenue 2024: $795,420Expenses 2024: $1,035,812Net Income 2024: -$240,3922024Revenue 2025: $1,116,140Expenses 2025: $1,118,204Net Income 2025: -$2,0642025

Highlighted filing

2015

Revenue$509,436
Expenses$436,985
Net Income$72,451
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Nov 12, 2016
Return Version
2014v6.0
Gross Receipts
$644,948
Mission and Program Overview

Mission

To promote and advance the welfare

To promote and advance the welfare of the community. The Organization was formed for the purpose of constructing, maintaining and operating a multifamiy government-assisted housing project of 60 units, under Section 221(D)(3) of the National Housing Act, for elderly and low-to-moderate income residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$208,594$356,845▲ $148,251
Land, Buildings, and Equipment, Net$77,470$69,246▼ $8,224
Cash and Non-Interest-Bearing Accounts$66,135$40,826▼ $25,309
Other Notes and Loans Receivable, Net$13,246$9,846▼ $3,400
Accounts Receivable$14,859$9,477▼ $5,382
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$385,584$491,521▲ $105,937
Other Assets Total$5,280$5,281▲ $1
Liabilities
Accounts Payable and Accrued Expenses$9,847$42,214▲ $32,367
Other Liabilities$13,159$14,278▲ $1,119
Total Liabilities$23,006$56,492▲ $33,486
Net Assets / Fund Balance
Temporarily Rstr Net Assets$208,594$356,845▲ $148,251
Unrestricted Net Assets$153,984$78,184▼ $75,800
Total Net Assets Fund Balance$362,578$435,029▲ $72,451
Total Liabilities and Net Assets / Fund Balance$385,584$491,521▲ $105,937

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,396$1,346,328-
Land$54,460--
Equipment$1,390$5,055-
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Avolene ChangePresident
Castella DixonVice President
James HoustonDirector
Louise MannDirector
Robert IngramDirector
Rudy CooperDirector
Dorothea PaytonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$437,266
Program Service Revenue
$0
Investment Income
$325
Other Revenue
$71,845
Change in Net Assets
$72,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,767
Salaries, Compensation, and Employee Benefits$125,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,546--$98,546
Insurance$65,897--$65,897
Fees for Services Legal$51,464--$51,464
Fees for Services Management$42,765--$42,765
Other Employee Benefits$22,249--$22,249
Office Expenses$21,830--$21,830
Fees for Services Accounting$15,500--$15,500
Other Expenses$12,960--$12,960
Payroll Taxes$4,423--$4,423
Total Functional Expenses$436,985$0$0$436,985
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits$14,278
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The organization provides a copy of Form 990 and the related schedules via email to each Board member prior to Form 990 due date for comments and corrections. A special meeting is held to approve Form 990 and the financial statements at the conclusion of the annual audit.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“At beginning of each board/committee meeting chair calls for members to disclose any and all conflicts. If conflicts acknowledged chair seeks opinion from legal counsel as to whther member with conflict can particpate in deliberations or should they be reclused from meeting.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Upon request governing documents, policies and procedures, and financial statements are made available.”

Filing and Contact Details

Filer

Filer Name
Mount Olive Gardens No1 Inc
EIN
59-1403029
Phone
9547337700
Address
4360 W OAKLAND PARK BLVD, FORT LAUDERDALE, FL 33313

Signing Officer

Name
Avolene Change
Title
President
Signed
2016-11-12
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
7

Preparer

Firm
BCA Watson Rice LLP
Address
PO Box 693725, Miami, FL 33269-0375
Preparer
Carshena T Allison
Phone
3059471638
Supplemental Narrative

Additional Explanations

Amended Explanation

“The schedule of functional expenses had a line erroneously skipped and caused some expenses to be reported on the incorrect line. This amendment is to correct that schedule.”

Financial Statement Notes

Part X : FIN48 Footnote

“MOG No: 1, Inc. is exempt from Federal income taxes under Section 501(c) (3) of the Internal Revenue Code and Florida income taxes. In addition, MOG has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) (2) of the Code. Accordingly, the financial statements do not include an income tax provision, except for certain taxable transactions. MOG has adopted the provisions of FASB ASC 740 (formerly FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes An Interpretation of FASB Statement No. 109 (FIN 48). Under ASC 740, MOG must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The adoption of ASC 740 had no impact on MOGs financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2011. However, MOG is still open to examination by taxing authorities from fiscal year 2011 forward. For the year ended August 31, 2014 and 2013, respectively, there were no interest or penalties recorded or included in the statements of activities. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.”

Raw XML AppendixShowing 400 of 411 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09847
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042214
IRS990/AccountsReceivableGrp/BOYAmt014859
IRS990/AccountsReceivableGrp/EOYAmt09477
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To promote and advance the welfare of the community. The Organization was formed for the purpose of constructing, maintaining and operating a multifamiy government-assisted housing project of 60 units, under Section 221(D)(3) of the National Housing Act, for elderly and low-to-moderate income residents.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Ramona Hyson Manager
IRS990/BooksInCareOfDetail/PhoneNum05139616011
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05181 Natorp Blvd Ste 140
IRS990/BooksInCareOfDetail/USAddress/CityNm0Mason
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045040
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt066135
IRS990/CashNonInterestBearingGrp/EOYAmt040826
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0437266
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0325
IRS990/CYOtherExpensesAmt0311767
IRS990/CYOtherRevenueAmt071845
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt072451
IRS990/CYSalariesCompEmpBnftPaidAmt0125218
IRS990/CYTotalExpensesAmt0436985
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0509436
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Mount Olive Gardens No: 1 (HUD Project No: 066-35-032) has a Section 8 Housing Assistance Payment Contract (the HAP Contract) for 60 units. The HAP Contract is for a two-year period beginning June 1, 2013, and provides for annual contract authority of $624,000. The major HUD assisted program for Mt. Olive Gardens is the below market rate interest loan assistance under Section 221. The Section 221 program imposes rent restrictions and other requirements.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0436985
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015500
IRS990/FeesForServicesAccountingGrp/TotalAmt015500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt051464
IRS990/FeesForServicesLegalGrp/TotalAmt051464
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt042765
IRS990/FeesForServicesManagementGrp/TotalAmt042765
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0RUDY COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES HOUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm2LOUISE MANN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT INGRAM
IRS990/Form990PartVIISectionAGrp/PersonNm4AVOLENE CHANGE
IRS990/Form990PartVIISectionAGrp/PersonNm5CASTELLA DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm6DOROTHEA PAYTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0437266
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0644948
IRS990/GrossRentsGrp/RealAmt0175233
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt065897
IRS990/InsuranceGrp/TotalAmt065897
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0325
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0325
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01351383
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077470
IRS990/LandBldgEquipBasisNetGrp/EOYAmt069246
IRS990/LandBldgEquipCostOrOtherBssAmt01420629
IRS990/LessRentalExpensesGrp/RealAmt0135512
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To promote and advance the welfare of the community. The Organization was formed for the purpose of constructing, maintaining and operating a multifamiy government-assisted housing project of 60 units, under Section 221(D)(3) of the National Housing Act, for elderly and low-to-moderate income residents.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0362578
IRS990/NetAssetsOrFundBalancesEOYAmt0435029
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt039721
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt039721
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt021830
IRS990/OfficeExpensesGrp/TotalAmt021830
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt05280
IRS990/OtherAssetsTotalGrp/EOYAmt05281
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022249
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022249
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Security Patrol
IRS990/OtherExpensesGrp/Desc2Real estate tax
IRS990/OtherExpensesGrp/ProgramServicesAmt071094
IRS990/OtherExpensesGrp/ProgramServicesAmt130257
IRS990/OtherExpensesGrp/ProgramServicesAmt212960
IRS990/OtherExpensesGrp/TotalAmt071094
IRS990/OtherExpensesGrp/TotalAmt130257
IRS990/OtherExpensesGrp/TotalAmt212960
IRS990/OtherLiabilitiesGrp/BOYAmt013159
IRS990/OtherLiabilitiesGrp/EOYAmt014278
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/Desc0Misc Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032124
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032124
IRS990/OtherRevenueTotalAmt032124
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt098546
IRS990/OtherSalariesAndWagesGrp/TotalAmt098546
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt013246
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09846
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04423
IRS990/PayrollTaxesGrp/TotalAmt04423
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0378471
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0252687
IRS990/PYOtherRevenueAmt098709
IRS990/PYRevenuesLessExpensesAmt089171
IRS990/PYSalariesCompEmpBnftPaidAmt0135325
IRS990/PYTotalExpensesAmt0388012
IRS990/PYTotalRevenueAmt0477183
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt072451
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt039721
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208594
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0356845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0468763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0460799
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0492059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0454459
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0468619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02344699
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0115
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0570
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt02344699
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0468763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0460799
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0492059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0454459
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0468619
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02344699
IRS990ScheduleA/TotalSupportAmt02345269
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt013396
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01346328
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01359724
IRS990ScheduleD/EquipmentGrp/BookValueAmt01390
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05055
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06445
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt054460
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt054460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MOG No: 1, Inc. is exempt from Federal income taxes under Section 501(c) (3) of the Internal Revenue Code and Florida income taxes. In addition, MOG has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) (2) of the Code. Accordingly, the financial statements do not include an income tax provision, except for certain taxable transactions. MOG has adopted the provisions of FASB ASC 740 (formerly FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes An Interpretation of FASB Statement No. 109 (FIN 48). Under ASC 740, MOG must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The adoption of ASC 740 had no impact on MOGs financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2011. However, MOG is still open to examination by taxing authorities from fiscal year 2011 forward. For the year ended August 31, 2014 and 2013, respectively, there were no interest or penalties recorded or included in the statements of activities. The Organizations policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069246
IRS990ScheduleD/TotalLiabilityAmt014278
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization provides a copy of Form 990 and the related schedules via email to each Board member prior to Form 990 due date for comments and corrections. A special meeting is held to approve Form 990 and the financial statements at the conclusion of the annual audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At beginning of each board/committee meeting chair calls for members to disclose any and all conflicts. If conflicts acknowledged chair seeks opinion from legal counsel as to whther member with conflict can particpate in deliberations or should they be reclused from meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request governing documents, policies and procedures, and financial statements are made available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The schedule of functional expenses had a line erroneously skipped and caused some expenses to be reported on the incorrect line. This amendment is to correct that schedule.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Amended Explanation
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0208594
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0356845
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0385584
IRS990/TotalAssetsEOYAmt0491521
IRS990/TotalAssetsGrp/BOYAmt0385584
IRS990/TotalAssetsGrp/EOYAmt0491521
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0437266
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0436985
IRS990/TotalFunctionalExpensesGrp/TotalAmt0436985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023006
IRS990/TotalLiabilitiesEOYAmt056492
IRS990/TotalLiabilitiesGrp/BOYAmt023006
IRS990/TotalLiabilitiesGrp/EOYAmt056492
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0362578
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0435029
IRS990/TotalProgramServiceExpensesAmt0436985
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0325
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071845
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0509436
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0385584
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0491521
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0153984
IRS990/UnrestrictedNetAssetsGrp/EOYAmt078184
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AVOLENE CHANGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOUNT OLIVE GARDENS NO1 INC
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0591403029
ReturnHeader/Filer/PhoneNum09547337700
ReturnHeader/Filer/USAddress/AddressLine1Txt04360 W OAKLAND PARK BLVD
ReturnHeader/Filer/USAddress/CityNm0FORT LAUDERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BCA Watson Rice LLP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$491,521
Liabilities
$56,492
Net assets
$435,029
Revenue
$509,436
Expenses
$436,985
Net income
$72,451
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.96$0.06$0.90$1.12$1.12$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.07$0.90$0.80$1.04$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.39$1.14$0.85$0.92$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.10$1.22$0.75$0.68$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.07$1.14$0.68$0.63$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.09$0.71$0.53$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.91$0.69$0.55$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.04$0.77$0.68$0.42$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.51$0.64$0.54$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.03$0.41$0.64$0.67$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.44$0.51$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.44$0.51$0.44$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.36$0.48$0.39$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.02$0.27$0.65
2012Summary only. Only limited summary data is available for this year.$1.84$0.35$1.49$0.12$0.00$0.12
2011Summary only. Only limited summary data is available for this year.$0.34$0.02$0.31$0.05$0.06$0.01