Civic Intelligence

Holy Trinity Properties Inc.

990 • Fiscal year 2019 • EIN 61-1116577

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 31, 2020

PO Box 1433Georgetown, KY 40324

(859) 276-5388

Siviq Scores

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

Liabilities / Assets

97th percentile

1.99x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

4.13x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

29th percentile

-9.5%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

-0.3%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$364,701

Down $38,226 (-9.5%) from 2018

Net Assets

Down

-$360,647

Down $21,154 (-6.2%) from 2018

Liabilities

Down

$725,348

Down $17,072 (-2.3%) from 2018

Revenue

Down

$175,759

Down $614 (-0.3%) from 2018

Expenses

Up

$196,913

Up $31,013 (+19%) from 2018

Net Income

Down

-$21,154

Down $31,627 (-302%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $554,058Liabilities 2010: $853,858Net Assets 2010: -$299,8002010Assets 2011: $546,650Liabilities 2011: $863,657Net Assets 2011: -$317,0072011Assets 2012: $504,433Liabilities 2012: $831,499Net Assets 2012: -$327,0662012Assets 2013: $483,342Liabilities 2013: $819,469Net Assets 2013: -$336,1272013Assets 2014: $471,920Liabilities 2014: $812,106Net Assets 2014: -$340,1862014Assets 2015: $449,416Liabilities 2015: $797,933Net Assets 2015: -$348,5172015Assets 2016: $437,240Liabilities 2016: $774,801Net Assets 2016: -$337,5612016Assets 2017: $419,362Liabilities 2017: $769,328Net Assets 2017: -$349,9662017Assets 2018: $402,927Liabilities 2018: $742,420Net Assets 2018: -$339,4932018Assets 2019: $364,701Liabilities 2019: $725,348Net Assets 2019: -$360,6472019Assets 2020: $340,952Liabilities 2020: $705,122Net Assets 2020: -$364,1702020Assets 2021: $313,040Liabilities 2021: $676,718Net Assets 2021: -$363,6782021Assets 2022: $285,048Liabilities 2022: $664,354Net Assets 2022: -$379,3062022Assets 2023: $270,798Liabilities 2023: $669,892Net Assets 2023: -$399,0942023Assets 2024: $258,505Liabilities 2024: $640,491Net Assets 2024: -$381,9862024Assets 2025: $219,454Liabilities 2025: $585,373Net Assets 2025: -$365,9192025

Highlighted filing

2019

Assets$364,701
Liabilities$725,348
Net Assets-$360,647

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $147,031Expenses 2010: $170,291Net Income 2010: -$23,2602010Expenses 2011: $157,7802011Expenses 2012: $169,6542012Expenses 2013: $169,2372013Revenue 2014: $165,837Expenses 2014: $169,896Net Income 2014: -$4,0592014Revenue 2015: $166,361Expenses 2015: $174,692Net Income 2015: -$8,3312015Revenue 2016: $174,508Expenses 2016: $163,552Net Income 2016: $10,9562016Revenue 2017: $177,583Expenses 2017: $189,988Net Income 2017: -$12,4052017Revenue 2018: $176,373Expenses 2018: $165,900Net Income 2018: $10,4732018Revenue 2019: $175,759Expenses 2019: $196,913Net Income 2019: -$21,1542019Revenue 2020: $185,622Expenses 2020: $189,145Net Income 2020: -$3,5232020Revenue 2021: $187,026Expenses 2021: $186,534Net Income 2021: $4922021Revenue 2022: $191,262Expenses 2022: $206,890Net Income 2022: -$15,6282022Revenue 2023: $194,797Expenses 2023: $214,585Net Income 2023: -$19,7882023Revenue 2024: $204,547Expenses 2024: $187,439Net Income 2024: $17,1082024Revenue 2025: $221,337Expenses 2025: $205,270Net Income 2025: $16,0672025

Highlighted filing

2019

Revenue$175,759
Expenses$196,913
Net Income-$21,154
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 31, 2020
Return Version
2018v3.1
Gross Receipts
$175,759
Mission and Program Overview

Mission

Provide housing to low income families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$260,756$242,296▼ $18,460
Savings and Temporary Cash Investments$75,310$70,675▼ $4,635
Cash and Non-Interest-Bearing Accounts$23,078$9,130▼ $13,948
Prepaid Expenses and Deferred Charges$6,788$7,032▲ $244
Accounts Receivable$738$888▲ $150
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$402,927$364,701▼ $38,226
Other Assets Total$36,257$34,680▼ $1,577
Liabilities
Mortgage Notes Payable Secured by Investment Property$724,754$704,171▼ $20,583
Accounts Payable and Accrued Expenses$9,539$14,161▲ $4,622
Other Liabilities$6,301$6,463▲ $162
Deferred Revenue$1,826$553▼ $1,273
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$742,420$725,348▼ $17,072
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-339,493$-360,647▼ $21,154
Total Net Assets Fund Balance$-339,493$-360,647▼ $21,154
Total Liabilities and Net Assets / Fund Balance$402,927$364,701▼ $38,226

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$164,596$586,668$751,264
Land$77,700-$77,700
Other Assets Org$34,680--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rm RawdonPresident
John CooperDirector
Sharon HornerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,925
Program Service Revenue
$62,384
Investment Income
$450
Other Revenue
$0
Change in Net Assets
$-21,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$175,759
Total Revenue per Audited Statements
$175,759
Total Revenue per Form 990
$175,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,550
Salaries, Compensation, and Employee Benefits$37,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$38,452--$38,452
Other Salaries and Wages$30,833--$30,833
All Other Expenses$4,058$16,481-$20,539
Depreciation Depletion$18,460--$18,460
Other Expenses$9,365--$9,365
Fees for Services Accounting-$6,066-$6,066
Payroll Taxes$3,777--$3,777
Other Employee Benefits$2,753--$2,753
Conferences and Meetings$1,436--$1,436
Fees for Services Legal-$720-$720
Total Functional Expenses$173,646$23,267$0$196,913

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$196,913
Total Expenses per Audited Statements$196,913
Total Expenses per Form 990$196,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$6,463
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Holy Trinity Properties Inc
EIN
61-1116577
In Care Of
% WINTERWOOD INC
Phone
8592765388
Address
PO BOX 1433, GEORGETOWN, KY 40324

Signing Officer

Name
Rm Rawdon
Title
President
Phone
8592765388
Signed
2020-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Karen Booth
Formed
1986
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Miller Mayer Sullivan & Stevens Llp
Address
2365 HARRODSBURG RD STE A-100, LEXINGTON, KY 40504-3399
Preparer
Michael G Taylor CPA
Phone
8592233095
Supplemental Narrative

Additional Explanations

Form 990

Richard m rawdon jr is the principal officer of the organization.

Form 990 Part IX Line 24 - Other Expenses

Description:management fee total expenses:16481 management and general:16481

Form 990 Part IX Line 24 - Other Expenses

Description:supplies total expenses:4058 program services:4058

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IRS990/RevenueAmt062384
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt075310
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070675
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0450
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01333
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0311455
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IRS990ScheduleA/PublicSupportCY170Pct00.99759
IRS990ScheduleA/PublicSupportPY170Pct00.99818
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportAmt0552316
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0164596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0586668
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0751264
IRS990ScheduleD/ExpensesSubtotalAmt0196913
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt077700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt077700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt034680
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTANGIBLE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0242296
IRS990ScheduleD/TotalBookValueOtherAssetsAmt034680
IRS990ScheduleD/TotalExpensesPerForm990Amt0196913
IRS990ScheduleD/TotalLiabilityAmt06463
IRS990ScheduleD/TotalRevenuePerForm990Amt0175759
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0196913
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICHARD M RAWDON JR IS THE PRINCIPAL OFFICER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION:MANAGEMENT FEE TOTAL EXPENSES:16481 MANAGEMENT AND GENERAL:16481
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:SUPPLIES TOTAL EXPENSES:4058 PROGRAM SERVICES:4058
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0173646
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0725348
IRS990/TotalLiabilitiesGrp/BOYAmt0742420
IRS990/TotalLiabilitiesGrp/EOYAmt0725348
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-360647
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0173646
IRS990/TotalProgramServiceRevenueAmt062384
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0450
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062384
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0175759
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364701
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-339493
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-360647
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0209 S BROADWAY
IRS990/USAddress/CityNm0GEORGETOWN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040324
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RM RAWDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08592765388
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-31

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.19$5.85$3.66$2.21$2.05$0.16
2024Detailed filing. Detailed filing data is available for this year.$2.59$6.40$3.82$2.05$1.87$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.71$6.70$3.99$1.95$2.15$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.85$6.64$3.79$1.91$2.07$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$6.77$3.64$1.87$1.87$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.41$7.05$3.64$1.86$1.89$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.65$7.25$3.61$1.76$1.97$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.03$7.42$3.39$1.76$1.66$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.19$7.69$3.50$1.78$1.90$0.12
2016Detailed filing. Detailed filing data is available for this year.$4.37$7.75$3.38$1.75$1.64$0.11
2015Detailed filing. Detailed filing data is available for this year.$4.49$7.98$3.49$1.66$1.75$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.72$8.12$3.40$1.66$1.70$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$8.19$3.36$1.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$8.31$3.27$1.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$8.64$3.17$1.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$8.54$3.00$1.47$1.70$0.23