Civic Intelligence

Panorama West Inc

EIN 61-0712096 • 501(c)3 • Covington, KY

Profile

Rental apartments for low income seniors

111 Brent Spence SqCovington, KY 41011

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

36th percentile

-1.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-2.7%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

5.6%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,926,496

Down $52,803 (-2.7%) from 2023

Liabilities

Down

$76,388

Down $41,303 (-35%) from 2023

Net Assets

Down

$1,850,108

Down $11,500 (-0.6%) from 2023

Revenue

Up

$1,053,543

Up $55,906 (+5.6%) from 2023

Expenses

Up

$1,065,043

Up $76,858 (+7.8%) from 2023

Net Income

Down

-$11,500

Down $20,952 (-222%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,773,571Liabilities 2010: $614,833Net Assets 2010: $1,158,7382010Assets 2011: $1,689,548Liabilities 2011: $355,836Net Assets 2011: $1,333,7122011Assets 2012: $1,666,479Liabilities 2012: $121,762Net Assets 2012: $1,544,7172012Assets 2013: $1,663,727Liabilities 2013: $102,374Net Assets 2013: $1,561,3532013Assets 2014: $1,723,481Liabilities 2014: $117,741Net Assets 2014: $1,605,7402014Assets 2015: $1,735,663Liabilities 2015: $112,599Net Assets 2015: $1,623,0642015Assets 2016: $1,757,801Liabilities 2016: $118,481Net Assets 2016: $1,639,3202016Assets 2017: $1,849,071Liabilities 2017: $164,840Net Assets 2017: $1,684,2312017Assets 2018: $1,816,320Liabilities 2018: $208,447Net Assets 2018: $1,607,8732018Assets 2019: $1,646,750Liabilities 2019: $121,007Net Assets 2019: $1,525,7432019Assets 2020: $1,784,380Liabilities 2020: $96,907Net Assets 2020: $1,687,4732020Assets 2021: $1,948,998Liabilities 2021: $119,327Net Assets 2021: $1,829,6712021Assets 2022: $1,986,904Liabilities 2022: $134,748Net Assets 2022: $1,852,1562022Assets 2023: $1,979,299Liabilities 2023: $117,691Net Assets 2023: $1,861,6082023Assets 2024: $1,926,496Liabilities 2024: $76,388Net Assets 2024: $1,850,1082024

Highlighted filing

2024

Assets$1,926,496
Liabilities$76,388
Net Assets$1,850,108

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $609,5172010Revenue 2011: $827,215Expenses 2011: $652,241Net Income 2011: $174,9742011Expenses 2012: $623,9252012Expenses 2013: $835,7402013Revenue 2014: $877,295Expenses 2014: $832,908Net Income 2014: $44,3872014Revenue 2015: $887,354Expenses 2015: $870,030Net Income 2015: $17,3242015Revenue 2016: $905,317Expenses 2016: $889,061Net Income 2016: $16,2562016Revenue 2017: $877,582Expenses 2017: $832,671Net Income 2017: $44,9112017Revenue 2018: $848,291Expenses 2018: $924,649Net Income 2018: -$76,3582018Revenue 2019: $827,591Expenses 2019: $909,721Net Income 2019: -$82,1302019Revenue 2020: $925,927Expenses 2020: $776,245Net Income 2020: $149,6822020Revenue 2021: $969,161Expenses 2021: $826,963Net Income 2021: $142,1982021Revenue 2022: $987,897Expenses 2022: $965,412Net Income 2022: $22,4852022Revenue 2023: $997,637Expenses 2023: $988,185Net Income 2023: $9,4522023Revenue 2024: $1,053,543Expenses 2024: $1,065,043Net Income 2024: -$11,5002024

Highlighted filing

2024

Revenue$1,053,543
Expenses$1,065,043
Net Income-$11,500

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.08$1.85$1.05$1.07$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.12$1.86$1.00$0.99$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.13$1.85$0.99$0.97$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.12$1.83$0.97$0.83$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.10$1.69$0.93$0.78$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.12$1.53$0.83$0.91$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.21$1.61$0.85$0.92$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.16$1.68$0.88$0.83$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.12$1.64$0.91$0.89$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.11$1.62$0.89$0.87$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.12$1.61$0.88$0.83$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.10$1.56$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.12$1.54$0.62
2011Summary only. Only limited summary data is available for this year.$1.69$0.36$1.33$0.83$0.65$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.61$1.16$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 15, 2025
Return Version
2024v5.0
Gross Receipts
$1,082,338
Mission and Program Overview

Mission

Rental apartments for low income seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$733,866$860,844▲ $126,978
Land, Buildings, and Equipment, Net$539,352$443,896▼ $95,456
Prepaid Expenses and Deferred Charges$68,166$73,785▲ $5,619
Cash and Non-Interest-Bearing Accounts$508,589$42,962▼ $465,627
Accounts Receivable$4,326$9,777▲ $5,451
Total Assets$1,979,299$1,926,496▼ $52,803
Other Assets Total$125,000$495,232▲ $370,232
Liabilities
Other Liabilities$75,260$76,017▲ $757
Accounts Payable and Accrued Expenses$42,431$371▼ $42,060
Total Liabilities$117,691$76,388▼ $41,303
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,861,608$1,850,108▼ $11,500
Total Net Assets Fund Balance$1,861,608$1,850,108▼ $11,500
Total Liabilities and Net Assets / Fund Balance$1,979,299$1,926,496▼ $52,803

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$192,356$2,176,885$2,369,241
Leasehold Improvements$117,490$1,276,217$1,393,707
Land$134,050-$134,050
Other Assets Org$495,232--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Karen HargettExec Dir/secPT$48,190$48,190

Board Members and Trustees

NameTitle
Buddy DittusPresident
David SchroederDirector
Gordon RolfesDirector
John WenderferDirector
Martha MoffittDirector
Matt LonglandDirector
Tony BucherDirector
Mark TranbargerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,012,213
Investment Income
$41,330
Other Revenue
$0
Change in Net Assets
$-11,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$750,939
Salaries, Compensation, and Employee Benefits$314,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,933--$203,933
Depreciation Depletion$101,165--$101,165
Insurance$74,874--$74,874
Current Officers, Directors, Trustees, and Key Employees$48,190--$48,190
Other Employee Benefits$41,068--$41,068
All Other Expenses$22,438--$22,438
Payroll Taxes$20,913--$20,913
Other Expenses$15,325--$15,325
Fees for Services Accounting-$14,206-$14,206
Fees for Services Legal-$1,352-$1,352
Total Functional Expenses$1,049,485$15,558$0$1,065,043
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$76,017
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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 11B

Form 990 is reviewed by the secretary prior to filing.

Form 990, Page 6, Part VI, Line 15A

A wage and salary committee, composed of three board members, meets annually to review compensation of the key employees and develop pay recommendations based on comparative data.

Form 990, Page 6, Part VI, Line 19

Form 990 is available upon written request to the organization and is also available at guidestar.com.

Filing and Contact Details

Filer

Filer Name
Panorama West Inc
EIN
61-0712096
Phone
8595814445
Address
111 BRENT SPENCE SQ, COVINGTON, KY 41011

Signing Officer

Name
Karen Hargett
Title
Exec Dir/secretary
Phone
8595814445
Signed
2025-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Buddy Dittus
Formed
1969
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Miller Mayer Sullivan & Stevens Llp
Address
2365 HARRODSBURG RD STE A100, LEXINGTON, KY 40504
Preparer
Jennifer L Barton CPA
Phone
8592233095
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE SECRETARY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A WAGE AND SALARY COMMITTEE, COMPOSED OF THREE BOARD MEMBERS, MEETS ANNUALLY TO REVIEW COMPENSATION OF THE KEY EMPLOYEES AND DEVELOP PAY RECOMMENDATIONS BASED ON COMPARATIVE DATA.
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