Civic Intelligence

New Horizons Properties IV Inc.

990EZ • Fiscal year 2021 • EIN 59-3366439

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

4300 SW 13th StreetGainesville, FL 32608

(352) 374-5600

Siviq Scores

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

Liabilities / Assets

98th percentile

3.18x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

11.52x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

10th percentile

-60%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

28th percentile

-7.9%

Faster asset growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

-4.2%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$386,168

Down $33,286 (-7.9%) from 2020

Net Assets

Down

-$842,982

Down $63,512 (-8.1%) from 2020

Liabilities

Up

$1,229,150

Up $30,226 (+2.5%) from 2020

Revenue

Down

$106,704

Down $4,690 (-4.2%) from 2020

Expenses

Up

$170,216

Up $10,006 (+6.2%) from 2020

Net Income

Down

-$63,512

Down $14,696 (-30%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $689,028Liabilities 2011: $1,018,760Net Assets 2011: -$329,7322011Assets 2012: $675,778Liabilities 2012: $1,053,050Net Assets 2012: -$377,2722012Assets 2013: $619,728Liabilities 2013: $1,050,874Net Assets 2013: -$431,1462013Assets 2015: $570,216Liabilities 2015: $1,086,508Net Assets 2015: -$516,2922015Assets 2016: $533,380Liabilities 2016: $1,109,570Net Assets 2016: -$576,1902016Assets 2017: $504,163Liabilities 2017: $1,112,345Net Assets 2017: -$608,1822017Assets 2018: $478,076Liabilities 2018: $1,142,890Net Assets 2018: -$664,8142018Assets 2019: $466,378Liabilities 2019: $1,197,032Net Assets 2019: -$730,6542019Assets 2020: $419,454Liabilities 2020: $1,198,924Net Assets 2020: -$779,4702020Assets 2021: $386,168Liabilities 2021: $1,229,150Net Assets 2021: -$842,9822021Assets 2022: $354,297Liabilities 2022: $1,258,193Net Assets 2022: -$903,8962022Assets 2023: $368,247Liabilities 2023: $1,368,916Net Assets 2023: -$1,000,6692023Assets 2024: $411,571Liabilities 2024: $1,531,831Net Assets 2024: -$1,120,2602024

Highlighted filing

2021

Assets$386,168
Liabilities$1,229,150
Net Assets-$842,982

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $39,323Expenses 2011: $96,215Net Income 2011: -$56,8922011Revenue 2012: $46,118Expenses 2012: $93,658Net Income 2012: -$47,5402012Revenue 2013: $54,667Expenses 2013: $108,541Net Income 2013: -$53,8742013Revenue 2015: $90,493Expenses 2015: $106,267Net Income 2015: -$15,7742015Revenue 2016: $96,032Expenses 2016: $155,930Net Income 2016: -$59,8982016Revenue 2017: $99,184Expenses 2017: $131,176Net Income 2017: -$31,9922017Revenue 2018: $95,577Expenses 2018: $152,209Net Income 2018: -$56,6322018Revenue 2019: $94,316Expenses 2019: $160,156Net Income 2019: -$65,8402019Revenue 2020: $111,394Expenses 2020: $160,210Net Income 2020: -$48,8162020Revenue 2021: $106,704Expenses 2021: $170,216Net Income 2021: -$63,5122021Revenue 2022: $98,365Expenses 2022: $159,279Net Income 2022: -$60,9142022Revenue 2023: $101,943Expenses 2023: $198,716Net Income 2023: -$96,7732023Revenue 2024: $86,781Expenses 2024: $206,372Net Income 2024: -$119,5912024

Highlighted filing

2021

Revenue$106,704
Expenses$170,216
Net Income-$63,512
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.0
Gross Receipts
$106,704
Mission and Program Overview

Mission

Provide affordable housing for people with psychiatric disabilities

Program Services

DescriptionGrantsExpenses
OPERATION OF APARTMENTS FOR INDIVIDUALS WITH PSYCHIATRIC DISABILITIES WHO NEED HOUSING AND POSSIBLE VOLUNTARY PSYCHIATRIC TREATMENT AT A PROVIDER OF THEIR CHOICE-$140,057
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR MARGARITA M LABARTAChairman-$0--
LILLIAN CASONVice Chair-$0--
RICHARD ANDERSONSecretary-$0--
EDWARD ANDREW BERNARDDirector-$0--
PATRICIA ABBITTDirector-$0--
MARY ALFORDDirector-$0--
KAREN BROWNDirector-$0--
CHRISTINE BLOCKDirector-$0--
Filing and Contact Details

Filer

Filer Name
New Horizons Properties Iv Inc
EIN
59-3366439
Phone
3523745600
Address
4300 SW 13TH STREET, GAINESVILLE, FL 32608

Signing Officer

Name
Dr Margarita M Labarta
Title
Chairman
Phone
3523745600
Signed
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Purvis Gray & Company Llp
Address
222 NORTH EAST FIRST STREET, GAINESVILLE, FL 32601
Preparer
Emily J Newsom CPA
Phone
3523782461
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Laundry & vending income 892 other income 50 total 942

Form 990-ez, Part I, Line 16

Expenses office 237 travel 158 interest 16 insurance 1,256 administrative 3,363 bad debt 4,700 taxes, licenses & permits 1,418 prior year hap reduction 621 non-investment depreciation 24,903 total 36,672

Form 990-ez, Part II, Line 24

Accounts receivable 10,505 16,244 less allowance 5,826 10,769 net 4,679 5,475 furniture & equipment 64,852 64,069 less accumulated depreciation 53,133 53,569 total 16,398 15,975

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,253 6,126 affiliate advances 272,933 300,519 tenant security deposits 5,338 5,105 mortgage and other notes payable 917,400 917,400

Raw XML Appendix183 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
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CompensationExplanation/CompensationExplanationGrp/PersonNm1LILLIAN CASON
CompensationExplanation/CompensationExplanationGrp/PersonNm2RICHARD ANDERSON
CompensationExplanation/CompensationExplanationGrp/PersonNm3EDWARD ANDREW BERNARD
CompensationExplanation/CompensationExplanationGrp/PersonNm4PATRICIA ABBITT
CompensationExplanation/CompensationExplanationGrp/PersonNm5MARY ALFORD
CompensationExplanation/CompensationExplanationGrp/PersonNm6KAREN BROWN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR MARGARITA M LABARTA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD ANDREW BERNARD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt016398
IRS990EZ/OtherAssetsTotalDetail/EOYAmt015975
IRS990EZ/OtherExpensesTotalAmt036672
IRS990EZ/OtherRevenueTotalAmt0942
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0140057
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 50 LAUNDRY & VENDING INCOME 2,518
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt062720
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt055
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalSupportAmt0315807
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY & VENDING INCOME 892 OTHER INCOME 50 TOTAL 942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 237 TRAVEL 158 INTEREST 16 INSURANCE 1,256 ADMINISTRATIVE 3,363 BAD DEBT 4,700 TAXES, LICENSES & PERMITS 1,418 PRIOR YEAR HAP REDUCTION 621 NON-INVESTMENT DEPRECIATION 24,903 TOTAL 36,672
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 10,505 16,244 LESS ALLOWANCE 5,826 10,769 NET 4,679 5,475 FURNITURE & EQUIPMENT 64,852 64,069 LESS ACCUMULATED DEPRECIATION 53,133 53,569 TOTAL 16,398 15,975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,253 6,126 AFFILIATE ADVANCES 272,933 300,519 TENANT SECURITY DEPOSITS 5,338 5,105 MORTGAGE AND OTHER NOTES PAYABLE 917,400 917,400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR MARGARITA M LABARTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03523745600
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW HORIZONS PROPERTIES IV INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWH
ReturnHeader/Filer/EIN0593366439
ReturnHeader/Filer/PhoneNum03523745600
ReturnHeader/Filer/USAddress/AddressLine1Txt04300 SW 13TH STREET
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032608
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0590548468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PURVIS GRAY & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 NORTH EAST FIRST STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032601
ReturnHeader/PreparerPersonGrp/PhoneNum03523782461
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMILY J NEWSOM CPA
ReturnHeader/ReturnTs02022-05-12T10:06:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARGARITA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LABARTA
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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