Civic Intelligence

Circle Non-Profit Housing Corporation

EIN 61-1282170 • 501(c)3 • Elizabethtown, KY

Profile

The exempt organization provides housing for low-income households.

Refreshing map…

512 Michigan AveElizabethtown, KY 42701

n/A

Siviq Scores

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

Liabilities / Assets

67th percentile

0.09x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.21x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

26th percentile

-8.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

31st percentile

-3.8%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

5.0%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$754,411

Down $29,465 (-3.8%) from 2023

Liabilities

Down

$67,740

Down $4,157 (-5.8%) from 2023

Net Assets

Down

$686,671

Down $25,308 (-3.6%) from 2023

Revenue

Up

$318,338

Up $15,017 (+5.0%) from 2023

Expenses

Up

$343,646

Up $23,524 (+7.3%) from 2023

Net Income

Down

-$25,308

Down $8,507 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $958,811Liabilities 2010: $28,517Net Assets 2010: $930,2942010Assets 2011: $934,798Liabilities 2011: $23,364Net Assets 2011: $911,4342011Assets 2012: $920,561Liabilities 2012: $30,178Net Assets 2012: $890,3832012Assets 2013: $931,274Liabilities 2013: $28,084Net Assets 2013: $903,1902013Assets 2014: $898,675Liabilities 2014: $29,480Net Assets 2014: $869,1952014Assets 2015: $837,035Liabilities 2015: $28,104Net Assets 2015: $808,9312015Assets 2016: $826,041Liabilities 2016: $81,530Net Assets 2016: $744,5112016Assets 2017: $791,646Liabilities 2017: $100,973Net Assets 2017: $690,6732017Assets 2018: $725,473Liabilities 2018: $45,200Net Assets 2018: $680,2732018Assets 2019: $719,440Liabilities 2019: $25,900Net Assets 2019: $693,5402019Assets 2020: $733,359Liabilities 2020: $44,871Net Assets 2020: $688,4882020Assets 2021: $720,494Liabilities 2021: $48,611Net Assets 2021: $671,8832021Assets 2022: $772,027Liabilities 2022: $43,247Net Assets 2022: $728,7802022Assets 2023: $783,876Liabilities 2023: $71,897Net Assets 2023: $711,9792023Assets 2024: $754,411Liabilities 2024: $67,740Net Assets 2024: $686,6712024

Highlighted filing

2024

Assets$754,411
Liabilities$67,740
Net Assets$686,671

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $236,2052010Expenses 2011: $274,4872011Expenses 2012: $250,2632012Revenue 2013: $244,823Expenses 2013: $232,016Net Income 2013: $12,8072013Revenue 2014: $264,681Expenses 2014: $298,676Net Income 2014: -$33,9952014Revenue 2015: $258,607Expenses 2015: $318,871Net Income 2015: -$60,2642015Revenue 2016: $241,170Expenses 2016: $305,590Net Income 2016: -$64,4202016Revenue 2017: $247,651Expenses 2017: $301,489Net Income 2017: -$53,8382017Revenue 2018: $269,644Expenses 2018: $280,044Net Income 2018: -$10,4002018Revenue 2019: $289,181Expenses 2019: $275,914Net Income 2019: $13,2672019Revenue 2020: $293,825Expenses 2020: $298,877Net Income 2020: -$5,0522020Revenue 2021: $272,125Expenses 2021: $288,730Net Income 2021: -$16,6052021Revenue 2022: $320,022Expenses 2022: $263,125Net Income 2022: $56,8972022Revenue 2023: $303,321Expenses 2023: $320,122Net Income 2023: -$16,8012023Revenue 2024: $318,338Expenses 2024: $343,646Net Income 2024: -$25,3082024

Highlighted filing

2024

Revenue$318,338
Expenses$343,646
Net Income-$25,308

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$0.68$6.87$3.18$3.44$0.25
2023Summary only. Only limited summary data is available for this year.$7.84$0.72$7.12$3.03$3.20$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$0.43$7.29$3.20$2.63$0.57
2021Summary only. Only limited summary data is available for this year.$7.20$0.49$6.72$2.72$2.89$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$0.45$6.88$2.94$2.99$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$0.26$6.94$2.89$2.76$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.25$0.45$6.80$2.70$2.80$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.92$1.01$6.91$2.48$3.01$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$0.82$7.45$2.41$3.06$0.64
2015Detailed filing. Detailed filing data is available for this year.$8.37$0.28$8.09$2.59$3.19$0.60
2014Detailed filing. Detailed filing data is available for this year.$8.99$0.29$8.69$2.65$2.99$0.34
2013Summary only. Only limited summary data is available for this year.$9.31$0.28$9.03$2.45$2.32$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$0.30$8.90$2.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.35$0.23$9.11$2.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.59$0.29$9.30$2.36
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 15, 2023
Return Version
2022v5.0
Gross Receipts
$320,022
Mission and Program Overview

Mission

The exempt organization provides housing for low-income households.

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$508,098$531,261▲ $23,163
Cash and Non-Interest-Bearing Accounts$44,120$40,197▼ $3,923
Savings and Temporary Cash Investments$22,740$23,740▲ $1,000
Prepaid Expenses and Deferred Charges$3,362$3,362→ $0
Total Assets$720,494$772,027▲ $51,533
Other Assets Total$142,174$173,467▲ $31,293
Liabilities
Other Liabilities$21,985$22,445▲ $460
Accounts Payable and Accrued Expenses$26,626$20,802▼ $5,824
Total Liabilities$48,611$43,247▼ $5,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$671,883$728,780▲ $56,897
Total Net Assets Fund Balance$671,883$728,780▲ $56,897
Total Liabilities and Net Assets / Fund Balance$720,494$772,027▲ $51,533

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$445,261$827,235$1,272,496
Leasehold Improvements-$137,471$137,471
Land$86,000-$86,000
Other Assets Org$68,568--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dean RussellPresident
Kelly BruceDirector
Tirzah ArmstrongDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$318,978
Investment Income
$1,044
Other Revenue
$0
Change in Net Assets
$56,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$263,125
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
All Other Expenses$40,362--$40,362
Other Expenses$33,514$47,593-$33,514
Depreciation Depletion$31,866--$31,866
Fees for Services Accounting-$7,830-$7,830
Fees for Services Legal-$500-$500
Total Functional Expenses$207,202$55,923$0$263,125
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 Deposits Held in Trust$22,445
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
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

Copy of tax return is provided to president of board who approves before filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Circle Non-profit Housing
EIN
61-1282170
Phone
2707661130
Address
512 MICHIGAN AVE, ELIZABETHTOWN, KY 42701

Signing Officer

Name
Dean Russell
Title
President
Phone
2707661130
Signed
2023-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Russell
Formed
1995
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Miller Mayer Sullivan & Stevens Llp
Address
2365 HARRODSBURG RD STE A100, LEXINGTON, KY 40504
Preparer
Jan D Marshall CPA
Phone
8592233095
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies 21,980 0 0 insurance 11,033 0 0 administrative expenses 7,349 0 0 total 40,362 0 0

Raw XML Appendix323 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.

Path#Value
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IRS990/AllOtherExpensesGrp/ProgramServicesAmt040362
IRS990/AllOtherExpensesGrp/TotalAmt040362
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IRS990/BooksInCareOfDetail/PersonNm0MANAGING AGENT
IRS990/BooksInCareOfDetail/PhoneNum02707661130
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0512 MICHIGAN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELIZABETHTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
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IRS990/CYOtherExpensesAmt0263125
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IRS990/CYTotalRevenueAmt0320022
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt031866
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IRS990/Desc0THE EXEMPT ORGANIZATION PROVIDES HOUSING FOR LOW-INCOME HOUSEHOLDS.
IRS990/DescribedInSection501c3Ind0true
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0320022
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentIncomeGrp/ExclusionAmt01044
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01044
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipAccumDeprecAmt0964706
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0508098
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0531261
IRS990/LandBldgEquipCostOrOtherBssAmt01495967
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE EXEMPT ORGANIZATION PROVIDES HOUSING FOR LOW-INCOME HOUSEHOLDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0671883
IRS990/NetAssetsOrFundBalancesEOYAmt0728780
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0671883
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0728780
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0142174
IRS990/OtherAssetsTotalGrp/EOYAmt0173467
IRS990/OtherExpensesGrp/Desc0PAYROLL REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047593
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IRS990/OtherExpensesGrp/TotalAmt333514
IRS990/OtherLiabilitiesGrp/BOYAmt021985
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IRS990/PartialLiquidationInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03362
IRS990/PrincipalOfficerNm0DEAN RUSSELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MISC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0305738
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYInvestmentIncomeAmt0308
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF TAX RETURN IS PROVIDED TO PRESIDENT OF BOARD WHO APPROVES BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES 21,980 0 0 INSURANCE 11,033 0 0 ADMINISTRATIVE EXPENSES 7,349 0 0 TOTAL 40,362 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0720494
IRS990/TotalAssetsEOYAmt0772027
IRS990/TotalAssetsGrp/BOYAmt0720494
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055923
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0207202
IRS990/TotalFunctionalExpensesGrp/TotalAmt0263125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048611
IRS990/TotalLiabilitiesEOYAmt043247
IRS990/TotalLiabilitiesGrp/BOYAmt048611
IRS990/TotalLiabilitiesGrp/EOYAmt043247
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0671883
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0728780
IRS990/TotalProgramServiceExpensesAmt0207202
IRS990/TotalProgramServiceRevenueAmt0318978
IRS990/TotalRevenueGrp/ExclusionAmt01044
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0318978
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0320022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0720494
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0772027
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0512 MICHIGAN AVE
IRS990/USAddress/CityNm0ELIZABETHTOWN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042701
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEAN RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02707661130
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CIRCLE NON-PROFIT HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CIRC
ReturnHeader/Filer/EIN0611282170
ReturnHeader/Filer/PhoneNum02707661130
ReturnHeader/Filer/USAddress/AddressLine1Txt0512 MICHIGAN AVE
ReturnHeader/Filer/USAddress/CityNm0ELIZABETHTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610866166
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER MAYER SULLIVAN & STEVENS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02365 HARRODSBURG RD STE A100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040504
ReturnHeader/PreparerPersonGrp/PhoneNum08592233095
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAN D MARSHALL CPA
ReturnHeader/ReturnTs02023-08-15T10:47:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUSSELL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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