Civic Intelligence

Sterling Housing Inc

EIN 61-1227058 • 501(c)4 • Berea, KY

Profile

Sterling housing, inc. Is a nonprofit organization that was formed on june 9, 1992 for the purpose to promote the preservation of housing for low and moderate income residents of central appalachia; to provide resources to housing development corporations and organizations to facilitate the provision of housing for low and moderate income residents in central appalachia; to conduct research as related to the production and design of low and moderate income houses in central appalachia; to carry out all other activities related to the civic betterment and social improvement of low and moderate income families in central appalachia.

PO Box 908Berea, KY 40403
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-2895223%

Higher net margin than 1% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

7th percentile

-97%

Faster asset growth than 7% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$10,388

Down $379,165 (-97%) from 2018

Liabilities

Down

$0

Down $2,786 (-100%) from 2018

Net Assets

Down

$10,388

Down $376,379 (-97%) from 2018

Operations
Liabilities / Revenue60th percentileNet Margin1st percentile

Revenue

Down

$13

Down $705,929 (-100%) from 2018

Expenses

Up

$376,392

Up $140,581 (+60%) from 2018

Net Income

Down

-$376,379

Down $846,510 (-180%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$1.0M$500K$0-$500KAssets 2016: $912,857Liabilities 2016: $952,268Net Assets 2016: -$39,4112016Assets 2017: $880,533Liabilities 2017: $963,897Net Assets 2017: -$83,3642017Assets 2018: $389,553Liabilities 2018: $2,786Net Assets 2018: $386,7672018Assets 2019: $10,388Liabilities 2019: $0Net Assets 2019: $10,3882019

Highlighted filing

2019

Assets$10,388
Liabilities$0
Net Assets$10,388
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0-$500KRevenue 2016: $132,411Expenses 2016: $171,822Net Income 2016: -$39,4112016Revenue 2017: $141,507Expenses 2017: $185,463Net Income 2017: -$43,9562017Revenue 2018: $705,942Expenses 2018: $235,811Net Income 2018: $470,1312018Revenue 2019: $13Expenses 2019: $376,392Net Income 2019: -$376,3792019

Highlighted filing

2019

Revenue$13
Expenses$376,392
Net Income-$376,379
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,388
Liabilities
$0
Net assets
$10,388
Revenue
$13
Expenses
$376,392
Net income
-$376,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.00$3.76$3.76
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.03$3.87$7.06$2.36$4.70
2017Detailed filing. Detailed filing data is available for this year.$8.81$9.64$0.83$1.42$1.85$0.44
2016Detailed filing. Detailed filing data is available for this year.$9.13$9.52$0.39$1.32$1.72$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$13
Mission and Program Overview

Mission

Sterling housing, inc. Is a nonprofit organization that was formed on june 9, 1992 for the purpose to promote the preservation of housing for low and moderate income residents of central appalachia; to provide resources to housing development corporations and organizations to facilitate the provision of housing for low and moderate income residents in central appalachia; to conduct research as related to the production and design of low and moderate income houses in central appalachia; to carry out all other activities related to the civic betterment and social improvement of low and moderate income families in central appalachia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$374,149--
Cash and Non-Interest-Bearing Accounts$15,260$10,388▼ $4,872
Accounts Receivable$144--
Total Assets$389,553$10,388▼ $379,165
Liabilities
Accounts Payable and Accrued Expenses$2,786--
Total Liabilities$2,786$0▼ $2,786
Net Assets / Fund Balance
Unrestricted Net Assets$386,767$10,388▼ $376,379
Total Net Assets Fund Balance$386,767$10,388▼ $376,379
Total Liabilities and Net Assets / Fund Balance$389,553$10,388▼ $379,165
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Sara MorganPresident
Vonda PoynterSecretary/tr
Pam JohnsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$13
Other Revenue
$0
Change in Net Assets
$-376,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$25,200--$25,200
Occupancy$1,293--$1,293
Fees for Services Accounting$950--$950
Total Functional Expenses$376,392$0$0$376,392
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
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
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

“An electronic copy of the 990 is reviewed and approved by the board of directors prior to filing.”

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

“The organization does not provide compensation to officers or directors”

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

“The organization does not provide compensation to officers or directors”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Sterling Housing Inc
EIN
61-1227058
Address
PO BOX 908, BEREA, KY 40403

Signing Officer

Name
Sara Morgan
Title
President
Signed
2019-10-15

Organization Details

Principal Officer
Sara Morgan
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Craft Noble & Company Pllc
Address
1018 IVAL JAMES BLVD STE B, RICHMOND, KY 40475
Preparer
P Jared Noble
Phone
8596234027
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Sterling housing, inc. Is a nonprofit organization that was formed on june 9, 1992 for the purpose to promote the preservation of housing for low and moderate income residents of central appalachia; to provide resources to housing development corporations and organizations to facilitate the provision of housing for low and moderate income residents in central appalachia; to conduct research as related to the production and design of low and moderate income houses in central appalachia; to carry out all other activities related to the civic betterment and social improvement of low and moderate income families in central appalachia.”

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

“Providing housing to low and very low income individuals in central appalachia.”

Raw XML Appendix239 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT PROVIDE COMPENSATION TO OFFICERS OR DIRECTORS
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01018 IVAL JAMES BLVD STE B
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ReturnHeader/ReturnTs02019-10-07T10:35:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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No mirrored PDF or thumbnail assets are attached yet.