Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
EIN 61-0993446 • 501(c)3 • Corbin, KY
Profile
Housing for handicapped and senior citizens
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
51st percentile
Higher top officer pay than 51% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Assets
Up$1,816,990
Up $188,039 (+12%) from 2023
Liabilities
Down$80,652
Down $12,504 (-13%) from 2023
Net Assets
Up$1,736,338
Up $200,543 (+13%) from 2023
Revenue
Up$722,199
Up $54,393 (+8.1%) from 2023
Expenses
Up$521,657
Up $86,070 (+20%) from 2023
Net Income
Down$200,542
Down $31,677 (-14%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Housing for handicapped and senior citizens
To provide adequate housing for approximately 64 persons who would otherwise be unable to afford such housing
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $461,394 | $715,312 | ▲ $253,918 |
| Land, Buildings, and Equipment, Net | $695,545 | $707,898 | ▲ $12,353 |
| Cash and Non-Interest-Bearing Accounts | $256,739 | $225,836 | ▼ $30,903 |
| Accounts Receivable | $18,889 | $39,444 | ▲ $20,555 |
| Total Assets | $1,628,951 | $1,816,990 | ▲ $188,039 |
| Other Assets Total | $196,384 | $128,500 | ▼ $67,884 |
| Liabilities | |||
| Deferred Revenue | $32,701 | $32,701 | → $0 |
| Other Liabilities | $39,706 | $28,378 | ▼ $11,328 |
| Accounts Payable and Accrued Expenses | $20,749 | $19,573 | ▼ $1,176 |
| Total Liabilities | $93,156 | $80,652 | ▼ $12,504 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,535,795 | $1,736,338 | ▲ $200,543 |
| Total Net Assets Fund Balance | $1,535,795 | $1,736,338 | ▲ $200,543 |
| Total Liabilities and Net Assets / Fund Balance | $1,628,951 | $1,816,990 | ▲ $188,039 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $501,317 | $1,669,693 | $2,171,010 |
| Land | $3,000 | - | $3,000 |
| Investment Program Related Org | $715,312 | - | - |
| Other Assets Org | $128,500 | - | - |
| Name | Title |
|---|---|
| Steve Surmont | President |
| Agnes Young | Director |
| Bill Hacker | Director |
| Cliff Mcburny | Director |
| Danny Barnett | Director |
| Glennis Hensley | Director |
| Mel Chandler Jr | Director |
| Pat Huff | Director |
| Wesley Tipton | Director |
| Pat Waddle | Secretary |
| Cheryl Landrum | Treasurer |
| Lynn Tipton | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $388,298 |
| Salaries, Compensation, and Employee Benefits | $133,359 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $295,062 | - | - | $295,062 |
| Other Salaries and Wages | $133,359 | - | - | $133,359 |
| Depreciation Depletion | $65,000 | - | - | $65,000 |
| Fees for Services Accounting | $14,077 | - | - | $14,077 |
| Advertising | $8,378 | - | - | $8,378 |
| Office Expenses | $5,781 | - | - | $5,781 |
| Total Functional Expenses | $521,657 | $0 | $0 | $521,657 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Other Liabilities | $28,378 |
“Board reviews all tax forms before filing”
“AVAILABLE UPON REQUEST”
“Manager free unit 10,164 0 0 misc adm expense 16,918 0 0 utilities 53,480 0 0 supplies 3,369 0 0 garbage 3,503 0 0 vehicle repairs 107 0 0 misc operating 120,036 0 0 payroll taxes 12,019 0 0 misc taxes 5,924 0 0 property insurance 49,302 0 0 health insurance 20,240 0 0 total 295,062 0 0”
“ROUNDING”
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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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 19573 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 39444 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE ADEQUATE HOUSING FOR APPROXIMATELY 64 PERSONS WHO WOULD OTHERWISE BE UNABLE TO AFFORD SUCH HOUSING |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 8378 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 8378 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LARRY LANHAM |
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| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
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| IRS990/CYTotalExpensesAmt | 0 | 521657 |
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| IRS990/CYTotalRevenueAmt | 0 | 722199 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 65000 |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 295062 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
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| IRS990/FormationYr | 0 | 1981 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
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| IRS990/IncludeFIN48FootnoteInd | 0 | false |
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| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | -38144 |
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| IRS990/RevenueAmt | 0 | 691981 |
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| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 722199 |
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| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.96000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 691981 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 691981 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 691981 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 722199 |
| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1669693 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2171010 |
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| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENTS - PROGRAM |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 3000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 3000 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 28378 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OTHER LIABILITIES |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 128500 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 715312 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 28378 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD REVIEWS ALL TAX FORMS BEFORE FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MANAGER FREE UNIT 10,164 0 0 MISC ADM EXPENSE 16,918 0 0 UTILITIES 53,480 0 0 SUPPLIES 3,369 0 0 GARBAGE 3,503 0 0 VEHICLE REPAIRS 107 0 0 MISC OPERATING 120,036 0 0 PAYROLL TAXES 12,019 0 0 MISC TAXES 5,924 0 0 PROPERTY INSURANCE 49,302 0 0 HEALTH INSURANCE 20,240 0 0 TOTAL 295,062 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ROUNDING |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVE SURMONT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BAPT |
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| ReturnHeader/Filer/PhoneNum | 0 | 6065231171 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 704 ENGINEER ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CORBIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40701 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLOYD & ASSOCIATES PSC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2410 GREATSTONE PT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LEXINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40504 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8592233318 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MADGEL MILLER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-08-15T14:10:23-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-09-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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