Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.80x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
58th percentile
Higher net margin than 58% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
41st percentile
Faster asset growth than 41% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Balance Sheet
Assets
Down$459,253
Down $9,659 (-2.1%) from 2017
Net Assets
Up$92,325
Up $13,090 (+17%) from 2017
Liabilities
Down$366,928
Down $22,749 (-5.8%) from 2017
Revenue And Expenses
Revenue
Up$182,971
Up $7,114 (+4.0%) from 2017
Expenses
Up$169,881
Up $14,757 (+9.5%) from 2017
Net Income
Down$13,090
Down $7,643 (-37%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- Sep 18, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $182,971
Mission and Program Overview
Mission
To provide housing for the elderly and developmentally disabled individuals.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS. | - | $152,816 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LAURA B PRADO | President | - | $0 | - | - |
| ROBERT H WESSELS | Secretary/Tr | - | $0 | - | - |
| LARENCE TEICH | Director | - | $0 | - | - |
| DONALD LEWANDOWSKI | Vice Preside | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Residential Foundation Inc
- EIN
- 59-2534130
- Phone
- 3525462991
- Address
- 5000 N OCEAN BLVD 802, LAUDERDALE BY THE SEA, FL 33308
Signing Officer
- Name
- Robert H Wessels
- Title
- Secretary/treasurer
- Phone
- 3525462991
- Signed
- 2018-09-18
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Maddox & Associates Apc
- Address
- 5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
- Preparer
- Scott Robin
- Phone
- 2259263360
Supplemental Narrative
Additional Explanations
Form 990-ez, Page 1, Item C
“STIRLING ROAD APARTMENTS”
Form 990-ez, Part I, Line 16
“Expenses office exp. 9,833 conventions and meetings 252 insurance 1,908 misc. Admin exp. 1,451 misc. Operating exp. 43,002 non-investment depreciation 7,816 total 64,262”
Form 990-ez, Part II, Line 24
“Accounts receivable 401 2,044 prepaid expenses and deferred charges 7,078 4,482 furniture and fixtures 73,503 73,503 less accumulated depreciation 37,574 45,390 machinery and equipment 0 0 miscellaneous 0 0 restricted deposits 71,430 82,374 deposits held in trust-funded 4,677 4,493 loan commitment fee 0 0 total 119,515 121,506”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 10,735 5,924 deferred revenue 2,507 3,148 deposits held in trust-funded 4,061 3,922 mortgage and other notes payable 372,374 353,934”
Form 990-ez, Part III
“To provide housing for the elderly and developmentally disabled individuals.”
Raw XML Appendix164 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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|---|---|---|
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| IRS990EZ/AddressChangeInd | 0 | X |
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2288183226 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2112 BIENVILLE BLVD SUITE K-1 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | OCEAN SPRINGS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39564 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9307 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1144 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13090 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 17065 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 468912 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 459253 |
| IRS990EZ/GrossReceiptsAmt | 0 | 182971 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 19 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 340090 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 336603 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 79235 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 92325 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 79235 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 92325 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 86599 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LAURA B PRADO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROBERT H WESSELS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LARENCE TEICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DONALD LEWANDOWSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 119515 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 121506 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 64262 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE HOUSING FOR THE ELDERLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 182952 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 152816 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 1955 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 389677 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 366928 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 169881 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 152816 |
| IRS990EZ/TotalRevenueAmt | 0 | 182971 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 28 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 22 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 133 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 182952 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 175822 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 174980 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 174424 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 169481 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 877659 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 19 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 35 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 29 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 28 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 22 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 133 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 877659 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 182952 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 175822 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 174980 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 174424 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 169481 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 877659 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 182971 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 175857 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 175009 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 174452 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 169503 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 877792 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | STIRLING ROAD APARTMENTS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE EXP. 9,833 CONVENTIONS AND MEETINGS 252 INSURANCE 1,908 MISC. ADMIN EXP. 1,451 MISC. OPERATING EXP. 43,002 NON-INVESTMENT DEPRECIATION 7,816 TOTAL 64,262 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 401 2,044 PREPAID EXPENSES AND DEFERRED CHARGES 7,078 4,482 FURNITURE AND FIXTURES 73,503 73,503 LESS ACCUMULATED DEPRECIATION 37,574 45,390 MACHINERY AND EQUIPMENT 0 0 MISCELLANEOUS 0 0 RESTRICTED DEPOSITS 71,430 82,374 DEPOSITS HELD IN TRUST-FUNDED 4,677 4,493 LOAN COMMITMENT FEE 0 0 TOTAL 119,515 121,506 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,735 5,924 DEFERRED REVENUE 2,507 3,148 DEPOSITS HELD IN TRUST-FUNDED 4,061 3,922 MORTGAGE AND OTHER NOTES PAYABLE 372,374 353,934 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PROVIDE HOUSING FOR THE ELDERLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT H WESSELS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3525462991 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-09-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RESIDENTIAL FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RESI |
| ReturnHeader/Filer/EIN | 0 | 592534130 |
| ReturnHeader/Filer/PhoneNum | 0 | 3525462991 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5000 N OCEAN BLVD 802 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAUDERDALE BY THE SEA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33308 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 76F67467AAFC9854C0A77121D238A72D93BF1653 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 76F67467AAFC9854C0A77121D238A72D93BF1653 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 68.96.157.239 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-09-26 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 06:41:54 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 721314069 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MADDOX & ASSOCIATES APC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5627 BANKERS AVE BLDG 2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BATON ROUGE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 708082610 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2259263360 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-09-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT ROBIN |
| ReturnHeader/ReturnTs | 0 | 2018-09-26T07:41:54-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $459,253
- Liabilities
- $366,928
- Net assets
- $92,325
- Revenue
- $182,971
- Expenses
- $169,881
- Net income
- $13,090