Civic Intelligence

Baptist Housing Inc.

990 • Fiscal year 2018 • EIN 61-0993446

Oct 01, 2017 to Sep 30, 2018 • Filed on Mar 04, 2019

Refreshing map…

704 Engineer StCorbin, KY 40701

(606) 523-1171

Siviq Scores

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

Liabilities / Assets

86th percentile

0.70x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

24th percentile

-4.8%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,511,686

Flat from 2018

Net Assets

Flat

$454,880

Flat from 2018

Liabilities

Flat

$1,056,806

Flat from 2018

Revenue

Flat

$0

Flat from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Flat

$0

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,518,866Liabilities 2011: $1,638,108Net Assets 2011: -$119,2422011Assets 2012: $1,551,087Liabilities 2012: $1,544,704Net Assets 2012: $6,3832012Assets 2013: $1,510,843Liabilities 2013: $1,451,434Net Assets 2013: $59,4092013Assets 2014: $1,577,671Liabilities 2014: $1,395,211Net Assets 2014: $182,4602014Assets 2015: $1,579,382Liabilities 2015: $1,307,640Net Assets 2015: $271,7422015Assets 2016: $1,585,745Liabilities 2016: $1,221,246Net Assets 2016: $364,4992016Assets 2017: $1,588,068Liabilities 2017: $1,056,806Net Assets 2017: $531,2622017Assets 2018: $1,511,686Liabilities 2018: $1,056,806Net Assets 2018: $454,8802018Assets 2018: $1,511,686Liabilities 2018: $1,056,806Net Assets 2018: $454,8802018Assets 2019: $1,514,481Liabilities 2019: $694,281Net Assets 2019: $820,2002019Assets 2020: $1,586,673Liabilities 2020: $542,957Net Assets 2020: $1,043,7162020Assets 2021: $1,472,178Liabilities 2021: $367,720Net Assets 2021: $1,104,4582021Assets 2022: $1,469,741Liabilities 2022: $166,165Net Assets 2022: $1,303,5762022Assets 2023: $1,628,951Liabilities 2023: $93,156Net Assets 2023: $1,535,7952023Assets 2024: $1,816,990Liabilities 2024: $80,652Net Assets 2024: $1,736,3382024

Highlighted filing

2018

Assets$1,511,686
Liabilities$1,056,806
Net Assets$454,880

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2011: $538,010Expenses 2011: $488,048Net Income 2011: $49,9622011Revenue 2012: $553,873Expenses 2012: $431,832Net Income 2012: $122,0412012Expenses 2013: $457,4252013Revenue 2014: $568,173Expenses 2014: $445,120Net Income 2014: $123,0532014Revenue 2015: $570,348Expenses 2015: $481,067Net Income 2015: $89,2812015Revenue 2016: $574,906Expenses 2016: $482,155Net Income 2016: $92,7512016Revenue 2017: $602,729Expenses 2017: $435,963Net Income 2017: $166,7662017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $598,828Expenses 2019: $494,978Net Income 2019: $103,8502019Revenue 2020: $583,131Expenses 2020: $344,279Net Income 2020: $238,8522020Revenue 2021: $598,446Expenses 2021: $502,650Net Income 2021: $95,7962021Revenue 2022: $646,251Expenses 2022: $447,133Net Income 2022: $199,1182022Revenue 2023: $667,806Expenses 2023: $435,587Net Income 2023: $232,2192023Revenue 2024: $722,199Expenses 2024: $521,657Net Income 2024: $200,5422024

Highlighted filing

2018

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Mar 4, 2019
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

To provide adequate housing for approximately 64 persons who would not

Housing for handicapped and senior citizens

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$657,957$657,957→ $0
Land, Buildings, and Equipment, Net$716,741$640,359▼ $76,382
Savings and Temporary Cash Investments$195,004$195,004→ $0
Prepaid Expenses and Deferred Charges$10,454$10,454→ $0
Accounts Receivable$4,337$4,337→ $0
Total Assets$1,588,068$1,511,686▼ $76,382
Other Assets Total$3,575$3,575→ $0
Liabilities
Other Liabilities$1,005,421$1,005,421→ $0
Deferred Revenue$33,679$33,679→ $0
Accounts Payable and Accrued Expenses$17,706$17,706→ $0
Total Liabilities$1,056,806$1,056,806→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$531,262$454,880▼ $76,382
Total Net Assets Fund Balance$531,262$454,880▼ $76,382
Total Liabilities and Net Assets / Fund Balance$1,588,068$1,511,686▼ $76,382

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$559,558$2,936,263$3,495,821
Land$80,801-$80,801
Investment Program Related Org$150,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve SurmontPresident
Robert AdkinsV. President
Agnes YoungDirector
Bill HackerDirector
Danny BarnettDirector
David HannahDirector
Donald RobinsonDirector
Glennis HensleyDirector
J W NorvellDirector
Pat HuffDirector
Steve MorrisDirector
Wesley TiptonDirector
Larry LanhamExecutive Di
Pat WaddleSecretary
B Cheryl LandrumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Notes Payable - Long Term$974,107
Tenant Security Deposits$30,114
Pet Security Deposit$1,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Available to public upon request

Filing and Contact Details

Filer

Filer Name
Baptist Housing Inc
EIN
61-0993446
Phone
6065231171
Address
704 ENGINEER ST, CORBIN, KY 40701
Doing Business As
Baptist Housing Inc

Signing Officer

Name
Steve Surmont
Title
President
Phone
6065231171
Signed
2019-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Surmont
Formed
1981
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Cloyd & Associates Psc
Address
1700 FOREST DR, CORBIN, KY 40701-2316
Preparer
Jack T Cloyd CPA
Phone
6065288776
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Baptist housing, inc. Provides adequate housing for approximately 64 persons who would otherwise be unable to afford such housing.

Form 990, Part XI, Line 9

Book / tax depreciation difference -76,382 rounding 0 rounding 0 total -76,382

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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/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE -76,382 ROUNDING 0 ROUNDING 0 TOTAL -76,382
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01588068
IRS990/TotalAssetsEOYAmt01511686
IRS990/TotalAssetsGrp/BOYAmt01588068
IRS990/TotalAssetsGrp/EOYAmt01511686
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01056806
IRS990/TotalLiabilitiesEOYAmt01056806
IRS990/TotalLiabilitiesGrp/BOYAmt01056806
IRS990/TotalLiabilitiesGrp/EOYAmt01056806
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0531262
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0454880
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01588068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01511686
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0531262
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0454880
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE SURMONT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06065231171
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAPTIST HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0BAPT
ReturnHeader/Filer/EIN0610993446
ReturnHeader/Filer/PhoneNum06065231171
ReturnHeader/Filer/USAddress/AddressLine1Txt0704 ENGINEER ST
ReturnHeader/Filer/USAddress/CityNm0CORBIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId058F8118C67B294C1A35E23B3D4E44E450E39E747
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId058F8118C67B294C1A35E23B3D4E44E450E39E747
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.7.130.118
ReturnHeader/FilingSecurityInformation/IPDt02019-03-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:14:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611251092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLOYD & ASSOCIATES PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 FOREST DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORBIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0407012316
ReturnHeader/PreparerPersonGrp/PhoneNum06065288776
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK T CLOYD CPA
ReturnHeader/ReturnTs02019-03-04T13:14:12-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.08$1.74$0.72$0.52$0.20
2023Summary only. Only limited summary data is available for this year.$1.63$0.09$1.54$0.67$0.44$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.17$1.30$0.65$0.45$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.37$1.10$0.60$0.50$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.54$1.04$0.58$0.34$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.69$0.82$0.60$0.49$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.51$1.06$0.45$0.00$0.00$0.00
2018Summary only. Only limited summary data is available for this year.$1.51$1.06$0.45$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$1.06$0.53$0.60$0.44$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.59$1.22$0.36$0.57$0.48$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.58$1.31$0.27$0.57$0.48$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.58$1.40$0.18$0.57$0.45$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.45$0.06$0.46
2012Summary only. Only limited summary data is available for this year.$1.55$1.54$0.01$0.55$0.43$0.12
2011Summary only. Only limited summary data is available for this year.$1.52$1.64$0.12$0.54$0.49$0.05