Civic Intelligence

Smith Thomas Inc.

990 • Fiscal year 2022 • EIN 59-3416911

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 20, 2023

Organization ProfileN/A
516 Lakeview Road Unit 8Clearwater, FL 33756

(727) 449-1182

Siviq Scores

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

Liabilities / Assets

74th percentile

0.28x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

1.26x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

53rd percentile

8.5%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

45th percentile

-0.4%

Faster asset growth than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-2.1%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$1,641,863

Down $16,197 (-1.0%) from 2020

Net Assets

Up

$1,180,812

Up $69,923 (+6.3%) from 2020

Liabilities

Down

$461,051

Down $86,120 (-16%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin53rd percentile

Revenue

Up

$365,346

Up $10,659 (+3.0%) from 2020

Expenses

Up

$334,439

Up $7,175 (+2.2%) from 2020

Net Income

Up

$30,907

Up $3,484 (+13%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,940,513Liabilities 2011: $850,998Net Assets 2011: $1,089,5152011Assets 2013: $1,801,802Liabilities 2013: $782,382Net Assets 2013: $1,019,4202013Assets 2015: $1,716,690Liabilities 2015: $708,378Net Assets 2015: $1,008,3122015Assets 2016: $1,711,437Liabilities 2016: $671,364Net Assets 2016: $1,040,0732016Assets 2017: $1,703,325Liabilities 2017: $638,242Net Assets 2017: $1,065,0832017Assets 2018: $1,667,070Liabilities 2018: $608,021Net Assets 2018: $1,059,0492018Assets 2019: $1,649,821Liabilities 2019: $566,355Net Assets 2019: $1,083,4662019Assets 2020: $1,658,060Liabilities 2020: $547,171Net Assets 2020: $1,110,8892020Assets 2022: $1,641,863Liabilities 2022: $461,051Net Assets 2022: $1,180,8122022

Highlighted filing

2022

Assets$1,641,863
Liabilities$461,051
Net Assets$1,180,812
Open 2022 Filing

Operations Trend

Revenue Growth36th percentile

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

$400K$200K$0-$200KExpenses 2011: $281,8842011Revenue 2013: $260,918Expenses 2013: $310,895Net Income 2013: -$49,9772013Revenue 2015: $302,729Expenses 2015: $268,940Net Income 2015: $33,7892015Revenue 2016: $308,275Expenses 2016: $276,514Net Income 2016: $31,7612016Revenue 2017: $348,222Expenses 2017: $323,212Net Income 2017: $25,0102017Revenue 2018: $314,309Expenses 2018: $320,343Net Income 2018: -$6,0342018Revenue 2019: $351,933Expenses 2019: $327,516Net Income 2019: $24,4172019Revenue 2020: $354,687Expenses 2020: $327,264Net Income 2020: $27,4232020Revenue 2022: $365,346Expenses 2022: $334,439Net Income 2022: $30,9072022

Highlighted filing

2022

Revenue$365,346
Expenses$334,439
Net Income$30,907
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 20, 2023
Return Version
2022v5.0
Gross Receipts
$370,382
Mission and Program Overview

Mission

Provide Low-Income Housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,149,905$1,180,812▲ $30,907
Land, Buildings, and Equipment, Net$1,175,541$1,112,001▼ $63,540
Savings and Temporary Cash Investments$292,644$304,977▲ $12,333
Cash and Non-Interest-Bearing Accounts$152,903$197,613▲ $44,710
Accounts Receivable$13,124$12,876▼ $248
Prepaid Expenses and Deferred Charges$10,274$11,508▲ $1,234
Intangible Assets$3,218$2,888▼ $330
Total Assets$1,647,704$1,641,863▼ $5,841
Liabilities
Mortgage Notes Payable Secured by Investment Property$465,483$426,950▼ $38,533
Other Liabilities$24,539$25,241▲ $702
Accounts Payable and Accrued Expenses$7,777$8,860▲ $1,083
Total Liabilities$497,799$461,051▼ $36,748
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,149,905$1,180,812▲ $30,907
Total Liabilities and Net Assets / Fund Balance$1,647,704$1,641,863▼ $5,841

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$962,393$1,326,897$2,289,290
Equipment$16,344$147,448$163,792
Land$100,000-$100,000
Other Land Buildings$33,264$17,453$50,717
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Bernard LewisDirector
Kristin ScottDirector
Michael BishopDirector
Kevin FlynnMgmt Agent
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$366,408
Investment Income
$-4,744
Other Revenue
$3,682
Change in Net Assets
$30,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$365,346
Total Revenue per Audited Statements
$365,346
Total Revenue per Form 990
$365,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,604
Salaries, Compensation, and Employee Benefits$66,835
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$113,580--$113,580
Depreciation Depletion$70,689--$70,689
Other Salaries and Wages$54,978--$54,978
Fees for Services Management-$37,952-$37,952
Other Employee Benefits$6,657--$6,657
Interest$4,446--$4,446
Other Expenses$4,349$9,309-$4,349
Payroll Taxes$4,055--$4,055
Fees for Services Accounting-$3,816-$3,816
Fees for Services Legal-$2,018-$2,018
Pension Plan Contributions$1,145--$1,145
Advertising$258--$258
Total Functional Expenses$281,344$53,095$0$334,439

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$334,439
Total Expenses per Audited Statements$334,439
Total Expenses per Form 990$334,439
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
Tenant Security Deposits$24,949
Prepaid Rents$292
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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 8B

“The organization does not have any committee with authority to act on behalf of the governing body.”

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

“Form 990 is reviewed by the board of directors.”

Form 990, Page 6, Part VI, Line 12C

“The tax-exempt organization's only asset is a 52 unit, usda funded, low- income housing apartment complex. All activity related to the usda funded, low-income housing apartment complex is managed by an independent management company. The tax-exempt organization is small, therefore there is no written conflict of interest policy but instead the management company discusses orally matters that could give rise to conflicts.”

Form 990, Page 6, Part VI, Line 19

“All documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Smith Thomas Inc
EIN
59-3416911
Phone
7274491182
Address
516 LAKEVIEW ROAD UNIT 8, CLEARWATER, FL 33756
Doing Business As
Smith Thomas Court

Signing Officer

Name
Kevin Flynn
Title
Mgmt Agent
Phone
7274491182
Signed
2023-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Flynn
Formed
1997
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Spoor Bunch Franz
Address
877 EXECUTIVE CENTER DR W STE 100, SAINT PETERSBURG, FL 33702-2470
Preparer
Bruce Taylor
Phone
7278889200
Raw XML Appendix378 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07777
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08860
IRS990/AccountsReceivableGrp/BOYAmt013124
IRS990/AccountsReceivableGrp/EOYAmt012876
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE LOW-INCOME HOUSING
IRS990/AdvertisingGrp/ProgramServicesAmt0258
IRS990/AdvertisingGrp/TotalAmt0258
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KEVIN FLYNN
IRS990/BooksInCareOfDetail/PhoneNum07274491182
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0516 LAKEVIEW ROAD UNIT 8
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEARWATER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033756
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0152903
IRS990/CashNonInterestBearingGrp/EOYAmt0197613
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-4744
IRS990/CYOtherExpensesAmt0267604
IRS990/CYOtherRevenueAmt03682
IRS990/CYProgramServiceRevenueAmt0366408
IRS990/CYRevenuesLessExpensesAmt030907
IRS990/CYSalariesCompEmpBnftPaidAmt066835
IRS990/CYTotalExpensesAmt0334439
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0365346
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt070689
IRS990/DepreciationDepletionGrp/TotalAmt070689
IRS990/Desc0PROVIDE AFFORDABLE HOUSING TO 52 LOW INCOME FAMILIES WORKING IN THE AGRICULTURE INDUSTRY. RENTAL ASSISTANCE IS PROVIDED BY THE U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SMITH THOMAS COURT
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0281344
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03816
IRS990/FeesForServicesAccountingGrp/TotalAmt03816
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02018
IRS990/FeesForServicesLegalGrp/TotalAmt02018
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt037952
IRS990/FeesForServicesManagementGrp/TotalAmt037952
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL BISHOP
IRS990/Form990PartVIISectionAGrp/PersonNm1BERNARD LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTIN SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN FLYNN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MGMT AGENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-5036
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0370382
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt03218
IRS990/IntangibleAssetsGrp/EOYAmt02888
IRS990/InterestGrp/ProgramServicesAmt04446
IRS990/InterestGrp/TotalAmt04446
IRS990/InvestmentIncomeGrp/ExclusionAmt0292
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0292
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01491798
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01175541
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01112001
IRS990/LandBldgEquipCostOrOtherBssAmt02603799
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05036
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE LOW-INCOME HOUSING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0465483
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0426950
IRS990/NetAssetsOrFundBalancesBOYAmt01149905
IRS990/NetAssetsOrFundBalancesEOYAmt01180812
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-5036
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5036
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0113580
IRS990/OccupancyGrp/TotalAmt0113580
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06657
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06657
IRS990/OtherExpensesGrp/Desc0GROUNDS
IRS990/OtherExpensesGrp/Desc1OTHER ADMIN. EXPENSES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09309
IRS990/OtherExpensesGrp/ProgramServicesAmt014289
IRS990/OtherExpensesGrp/ProgramServicesAmt16898
IRS990/OtherExpensesGrp/ProgramServicesAmt24349
IRS990/OtherExpensesGrp/TotalAmt014289
IRS990/OtherExpensesGrp/TotalAmt19309
IRS990/OtherExpensesGrp/TotalAmt26898
IRS990/OtherExpensesGrp/TotalAmt34349
IRS990/OtherLiabilitiesGrp/BOYAmt024539
IRS990/OtherLiabilitiesGrp/EOYAmt025241
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY
IRS990/OtherRevenueMiscGrp/ExclusionAmt03682
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03682
IRS990/OtherRevenueTotalAmt03682
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054978
IRS990/OtherSalariesAndWagesGrp/TotalAmt054978
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04055
IRS990/PayrollTaxesGrp/TotalAmt04055
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01145
IRS990/PensionPlanContributionsGrp/TotalAmt01145
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010274
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011508
IRS990/PrincipalOfficerNm0KEVIN FLYNN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT/RENT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0366408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0366408
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011395
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0283
IRS990/PYOtherExpensesAmt0281636
IRS990/PYOtherRevenueAmt02635
IRS990/PYProgramServiceRevenueAmt0358937
IRS990/PYRevenuesLessExpensesAmt039016
IRS990/PYSalariesCompEmpBnftPaidAmt052598
IRS990/PYTotalExpensesAmt0334234
IRS990/PYTotalRevenueAmt0373250
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt030907
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0366408
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01149905
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01180812
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0292644
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0304977
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0502
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0366408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0358937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0350203
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0349427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0311506
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01736481
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03682
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt02635
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt03013
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt02084
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt02587
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt014001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01715
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99900
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt01761877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0370090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0372967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0353216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0351511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0314093
IRS990ScheduleA/Total509Grp/TotalAmt01761877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0370382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0373250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0353718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0351933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0314309
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01763592
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0962393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01326897
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02289290
IRS990ScheduleD/EquipmentGrp/BookValueAmt016344
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0147448
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0163792
IRS990ScheduleD/ExpensesSubtotalAmt0334439
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033264
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017453
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt050717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENTS
IRS990ScheduleD/RevenueSubtotalAmt0365346
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01112001
IRS990ScheduleD/TotalExpensesPerForm990Amt0334439
IRS990ScheduleD/TotalLiabilityAmt025241
IRS990ScheduleD/TotalRevenuePerForm990Amt0365346
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0365346
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0334439
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX-EXEMPT ORGANIZATION'S ONLY ASSET IS A 52 UNIT, USDA FUNDED, LOW- INCOME HOUSING APARTMENT COMPLEX. ALL ACTIVITY RELATED TO THE USDA FUNDED, LOW-INCOME HOUSING APARTMENT COMPLEX IS MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY. THE TAX-EXEMPT ORGANIZATION IS SMALL, THEREFORE THERE IS NO WRITTEN CONFLICT OF INTEREST POLICY BUT INSTEAD THE MANAGEMENT COMPANY DISCUSSES ORALLY MATTERS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01647704
IRS990/TotalAssetsEOYAmt01641863
IRS990/TotalAssetsGrp/BOYAmt01647704
IRS990/TotalAssetsGrp/EOYAmt01641863
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0281344
IRS990/TotalFunctionalExpensesGrp/TotalAmt0334439
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0497799
IRS990/TotalLiabilitiesEOYAmt0461051
IRS990/TotalLiabilitiesGrp/BOYAmt0497799
IRS990/TotalLiabilitiesGrp/EOYAmt0461051
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01149905
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01180812
IRS990/TotalProgramServiceExpensesAmt0281344
IRS990/TotalProgramServiceRevenueAmt0366408
IRS990/TotalRevenueGrp/ExclusionAmt03974
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0361372
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0365346
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01647704
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01641863
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0516 LAKEVIEW ROAD UNIT 8
IRS990/USAddress/CityNm0CLEARWATER
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033756
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN FLYNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MGMT AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07274491182
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMITH THOMAS INC
ReturnHeader/Filer/BusinessNameControlTxt0SMIT
ReturnHeader/Filer/EIN0593416911
ReturnHeader/Filer/PhoneNum07274491182
ReturnHeader/Filer/USAddress/AddressLine1Txt0516 LAKEVIEW ROAD UNIT 8
ReturnHeader/Filer/USAddress/CityNm0CLEARWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033756
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364818378
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SPOOR BUNCH FRANZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0877 EXECUTIVE CENTER DR W STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0337022470
ReturnHeader/PreparerPersonGrp/PhoneNum07278889200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE TAYLOR
ReturnHeader/ReturnTs02023-08-21T13:37:58-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLYNN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,641,863
Liabilities
$461,051
Net assets
$1,180,812
Revenue
$365,346
Expenses
$334,439
Net income
$30,907
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.46$1.18$0.37$0.33$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.55$1.11$0.35$0.33$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.57$1.08$0.35$0.33$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.61$1.06$0.31$0.32$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.64$1.07$0.35$0.32$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.67$1.04$0.31$0.28$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.71$1.01$0.30$0.27$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.78$1.02$0.26$0.31$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.85$1.09$0.28