Civic Intelligence

Smith Thomas Inc.

990 • Fiscal year 2025 • EIN 59-3416911

Jan 01, 2025 to Dec 31, 2025

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

68th percentile

0.20x

Higher debt load relative to assets than 68% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.63x

Higher debt load relative to revenue than 84% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

81st percentile

28%

Higher net margin than 81% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

59th percentile

6.9%

Faster asset growth than 59% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,792,240

Up $150,377 (+9.2%) from 2022

Net Assets

Up

$1,441,292

Up $260,480 (+22%) from 2022

Liabilities

Down

$350,948

Down $110,103 (-24%) from 2022

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin81st percentile

Revenue

Up

$558,410

Up $193,064 (+53%) from 2022

Expenses

Up

$401,843

Up $67,404 (+20%) from 2022

Net Income

Up

$156,567

Up $125,660 (+407%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth59th 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: $1,180,8122022Assets 2025: $1,792,240Liabilities 2025: $350,948Net Assets 2025: $1,441,2922025

Highlighted filing

2025

Assets$1,792,240
Liabilities$350,948
Net Assets$1,441,292
Open 2025 Filing

Operations Trend

Revenue Growth74th percentile

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

$600K$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: $30,9072022Revenue 2025: $558,410Expenses 2025: $401,843Net Income 2025: $156,5672025

Highlighted filing

2025

Revenue$558,410
Expenses$401,843
Net Income$156,567
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 27, 2026
Return Version
2025v4.0
Gross Receipts
$558,410
Mission and Program Overview

Mission

Provide Low-Income Housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,284,725$1,441,292▲ $156,567
Land, Buildings, and Equipment, Net$987,150$925,293▼ $61,857
Savings and Temporary Cash Investments$411,493$640,149▲ $228,656
Cash and Non-Interest-Bearing Accounts$236,064$169,988▼ $66,076
Accounts Receivable$18,581$33,723▲ $15,142
Prepaid Expenses and Deferred Charges$21,824$21,189▼ $635
Intangible Assets$2,228$1,898▼ $330
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,677,340$1,792,240▲ $114,900
Liabilities
Mortgage Notes Payable Secured by Investment Property$348,720$309,015▼ $39,705
Other Liabilities$30,382$32,655▲ $2,273
Accounts Payable and Accrued Expenses$13,513$9,278▼ $4,235
Total Liabilities$392,615$350,948▼ $41,667
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,284,725$1,441,292▲ $156,567
Total Liabilities and Net Assets / Fund Balance$1,677,340$1,792,240▲ $114,900

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$789,477$1,499,813$2,289,290
Equipment$12,003$155,415$167,418
Land$100,000-$100,000
Other Land Buildings$23,813$26,904$50,717
Compensation and Service Providers
Top Officer Pay42nd percentile

Board Members and Trustees

NameTitle
Bernard LewisDirector
Sandy DorvalDirector
Kevin FlynnMgmt Agent
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$552,438
Investment Income
$5,175
Other Revenue
$797
Change in Net Assets
$156,567

Audited Revenue Reconciliation

Revenue per Audited Statements
$558,410
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$558,410
Total Revenue per Form 990
$558,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,649
Salaries, Compensation, and Employee Benefits$72,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$156,301--$156,301
Depreciation Depletion$67,488--$67,488
Other Salaries and Wages$60,456--$60,456
Fees for Services Management-$48,074-$48,074
All Other Expenses$8,579--$8,579
Other Employee Benefits$6,166--$6,166
Fees for Services Accounting-$4,590-$4,590
Payroll Taxes$4,517--$4,517
Other Expenses$4,347--$4,347
Interest$3,272--$3,272
Fees for Services Legal-$2,987-$2,987
Pension Plan Contributions$1,055--$1,055
Advertising$169--$169
Total Functional Expenses$346,192$55,651$0$401,843

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$401,843
Total Expenses per Audited Statements$401,843
Total Expenses per Form 990$401,843
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$32,510
Unearned Rent$145
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, Part VI, Section A, line 8B

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

Form 990, Part VI, Section B, line 11B

“Form 990 is reviewed by the Board of Directors”

Form 990, Part VI, Section B, line 12

“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, Part VI, Section C, 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
2026-03-27
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
Volunteers
0

Preparer

Firm
Sorren Inc
Address
877 Executive Center Dr W Suite 100, St Petersburg, FL 33702
Preparer
Kera Haas
Phone
7278889200
Raw XML Appendix387 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013513
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09278
IRS990/AccountsReceivableGrp/BOYAmt018581
IRS990/AccountsReceivableGrp/EOYAmt033723
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide Low-Income Housing
IRS990/AdvertisingGrp/ProgramServicesAmt0169
IRS990/AdvertisingGrp/TotalAmt0169
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08579
IRS990/AllOtherExpensesGrp/TotalAmt08579
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Kevin 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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0236064
IRS990/CashNonInterestBearingGrp/EOYAmt0169988
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05175
IRS990/CYOtherExpensesAmt0329649
IRS990/CYOtherRevenueAmt0797
IRS990/CYProgramServiceRevenueAmt0552438
IRS990/CYRevenuesLessExpensesAmt0156567
IRS990/CYSalariesCompEmpBnftPaidAmt072194
IRS990/CYTotalExpensesAmt0401843
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0558410
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt067488
IRS990/DepreciationDepletionGrp/TotalAmt067488
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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Smith Thomas Court
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0346192
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04590
IRS990/FeesForServicesAccountingGrp/TotalAmt04590
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02987
IRS990/FeesForServicesLegalGrp/TotalAmt02987
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt048074
IRS990/FeesForServicesManagementGrp/TotalAmt048074
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Bernard Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm1Sandy Dorval
IRS990/Form990PartVIISectionAGrp/PersonNm2Kevin Flynn
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Mgmt Agent
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0558410
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt02228
IRS990/IntangibleAssetsGrp/EOYAmt01898
IRS990/InterestGrp/ProgramServicesAmt03272
IRS990/InterestGrp/TotalAmt03272
IRS990/InvestmentIncomeGrp/ExclusionAmt05175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05175
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01682132
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0987150
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0925293
IRS990/LandBldgEquipCostOrOtherBssAmt02607425
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Provide Low-Income Housing
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0348720
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0309015
IRS990/NetAssetsOrFundBalancesBOYAmt01284725
IRS990/NetAssetsOrFundBalancesEOYAmt01441292
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0156301
IRS990/OccupancyGrp/TotalAmt0156301
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06166
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06166
IRS990/OtherExpensesGrp/Desc0Grounds
IRS990/OtherExpensesGrp/Desc1Maint Supplies
IRS990/OtherExpensesGrp/Desc2Telephone Exp
IRS990/OtherExpensesGrp/Desc3Other Admin Exp
IRS990/OtherExpensesGrp/ProgramServicesAmt020680
IRS990/OtherExpensesGrp/ProgramServicesAmt17798
IRS990/OtherExpensesGrp/ProgramServicesAmt25364
IRS990/OtherExpensesGrp/ProgramServicesAmt34347
IRS990/OtherExpensesGrp/TotalAmt020680
IRS990/OtherExpensesGrp/TotalAmt17798
IRS990/OtherExpensesGrp/TotalAmt25364
IRS990/OtherExpensesGrp/TotalAmt34347
IRS990/OtherLiabilitiesGrp/BOYAmt030382
IRS990/OtherLiabilitiesGrp/EOYAmt032655
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Laundry Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt0797
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0797
IRS990/OtherRevenueTotalAmt0797
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060456
IRS990/OtherSalariesAndWagesGrp/TotalAmt060456
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04517
IRS990/PayrollTaxesGrp/TotalAmt04517
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01055
IRS990/PensionPlanContributionsGrp/TotalAmt01055
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021824
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021189
IRS990/PrincipalOfficerNm0Kevin Flynn
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Tenant/ Rent Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0552438
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0552438
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03644
IRS990/PYOtherExpensesAmt0335295
IRS990/PYOtherRevenueAmt01846
IRS990/PYProgramServiceRevenueAmt0449635
IRS990/PYRevenuesLessExpensesAmt077568
IRS990/PYSalariesCompEmpBnftPaidAmt042262
IRS990/PYTotalExpensesAmt0377557
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0455125
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0156567
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0552438
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01284725
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01441292
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0411493
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0640149
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03644
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01861
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0283
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011255
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0552438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0449635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0386204
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0366408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0358937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02113622
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0797
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01846
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01859
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt03682
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt02635
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt010819
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03644
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01861
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011255
IRS990ScheduleA/InvestmentIncomeCYPct00.00520
IRS990ScheduleA/InvestmentIncomePYPct00.00340
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99480
IRS990ScheduleA/PublicSupportPY509Pct00.99660
IRS990ScheduleA/PublicSupportTotal509Amt02135836
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0553235
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0451481
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0388063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0370090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372967
IRS990ScheduleA/Total509Grp/TotalAmt02135836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0558410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0455125
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0389924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0370382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0373250
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02147091
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0789477
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01499813
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02289290
IRS990ScheduleD/EquipmentGrp/BookValueAmt012003
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0167418
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0401843
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023813
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026904
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt050717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Unearned Rent
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0558410
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0925293
IRS990ScheduleD/TotalExpensesPerForm990Amt0401843
IRS990ScheduleD/TotalLiabilityAmt032655
IRS990ScheduleD/TotalRevenuePerForm990Amt0558410
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0558410
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0401843
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01677340
IRS990/TotalAssetsEOYAmt01792240
IRS990/TotalAssetsGrp/BOYAmt01677340
IRS990/TotalAssetsGrp/EOYAmt01792240
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055651
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0346192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0401843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0392615
IRS990/TotalLiabilitiesEOYAmt0350948
IRS990/TotalLiabilitiesGrp/BOYAmt0392615
IRS990/TotalLiabilitiesGrp/EOYAmt0350948
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01284725
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01441292
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0346192
IRS990/TotalProgramServiceRevenueAmt0552438
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05972
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0552438
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0558410
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01677340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01792240
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kevin Flynn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Mgmt Agent
ReturnHeader/BusinessOfficerGrp/PhoneNum07274491182
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-27
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/PreparerFirmGrp/PreparerFirmEIN0934792291
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sorren Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0877 Executive Center Dr W Suite 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0St Petersburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033702
ReturnHeader/PreparerPersonGrp/PhoneNum07278889200
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kera Haas
ReturnHeader/ReturnTs02026-03-29T23:19:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,792,240
Liabilities
$350,948
Net assets
$1,441,292
Revenue
$558,410
Expenses
$401,843
Net income
$156,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.79$0.35$1.44$0.56$0.40$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$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