Civic Intelligence

B L Trevathan Hatler E Morgan Elderly Housing Inc.

990 • Fiscal year 2016 • EIN 61-1389333

Apr 01, 2015 to Mar 31, 2016 • Filed on Aug 02, 2016

1005 Main Street PO Box 466Benton, KY 42025

(812) 876-5478

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

12.65x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

8th percentile

-44%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

24th percentile

-4.1%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-4.1%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,414,697

Down $60,904 (-4.1%) from 2015

Net Assets

Down

-$369,829

Down $62,060 (-20%) from 2015

Liabilities

Up

$1,784,526

Up $1,156 (+0.1%) from 2015

Revenue

Down

$141,081

Down $6,076 (-4.1%) from 2015

Expenses

Up

$203,141

Up $15,559 (+8.3%) from 2015

Net Income

Down

-$62,060

Down $21,635 (-54%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,566,889Liabilities 2011: $1,783,623Net Assets 2011: -$216,7342011Assets 2012: $1,517,746Liabilities 2012: $1,791,960Net Assets 2012: -$274,2142012Assets 2013: $1,571,519Liabilities 2013: $1,803,785Net Assets 2013: -$232,2662013Assets 2014: $1,581,040Liabilities 2014: $1,848,386Net Assets 2014: -$267,3462014Assets 2015: $1,475,601Liabilities 2015: $1,783,370Net Assets 2015: -$307,7692015Assets 2016: $1,414,697Liabilities 2016: $1,784,526Net Assets 2016: -$369,8292016Assets 2017: $1,341,260Liabilities 2017: $1,795,729Net Assets 2017: -$454,4692017Assets 2018: $1,278,177Liabilities 2018: $1,781,182Net Assets 2018: -$503,0052018Assets 2019: $1,255,856Liabilities 2019: $1,795,974Net Assets 2019: -$540,1182019Assets 2020: $1,229,851Liabilities 2020: $1,800,846Net Assets 2020: -$570,9952020Assets 2021: $1,195,811Liabilities 2021: $1,813,156Net Assets 2021: -$617,3452021Assets 2022: $1,140,808Liabilities 2022: $1,819,005Net Assets 2022: -$678,1972022Assets 2023: $1,093,175Liabilities 2023: $1,815,165Net Assets 2023: -$721,9902023Assets 2024: $1,058,200Liabilities 2024: $1,816,764Net Assets 2024: -$758,5642024Assets 2025: $999,336Liabilities 2025: $1,811,401Net Assets 2025: -$812,0652025

Highlighted filing

2016

Assets$1,414,697
Liabilities$1,784,526
Net Assets-$369,829

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $86,710Expenses 2011: $154,692Net Income 2011: -$67,9822011Revenue 2012: $100,052Expenses 2012: $157,532Net Income 2012: -$57,4802012Expenses 2013: $180,5832013Revenue 2014: $151,741Expenses 2014: $185,061Net Income 2014: -$33,3202014Revenue 2015: $147,157Expenses 2015: $187,582Net Income 2015: -$40,4252015Revenue 2016: $141,081Expenses 2016: $203,141Net Income 2016: -$62,0602016Revenue 2017: $138,399Expenses 2017: $223,039Net Income 2017: -$84,6402017Revenue 2018: $175,247Expenses 2018: $223,783Net Income 2018: -$48,5362018Revenue 2019: $201,687Expenses 2019: $238,800Net Income 2019: -$37,1132019Revenue 2020: $182,349Expenses 2020: $213,226Net Income 2020: -$30,8772020Revenue 2021: $183,611Expenses 2021: $229,961Net Income 2021: -$46,3502021Revenue 2022: $182,070Expenses 2022: $242,922Net Income 2022: -$60,8522022Revenue 2023: $186,102Expenses 2023: $229,895Net Income 2023: -$43,7932023Revenue 2024: $236,570Expenses 2024: $273,144Net Income 2024: -$36,5742024Revenue 2025: $218,286Expenses 2025: $271,787Net Income 2025: -$53,5012025

Highlighted filing

2016

Revenue$141,081
Expenses$203,141
Net Income-$62,060
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Aug 2, 2016
Return Version
2015v2.0
Gross Receipts
$141,081
Mission and Program Overview

Mission

To provide low income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,368,418$1,313,382▼ $55,036
Savings and Temporary Cash Investments$91,337$98,875▲ $7,538
Cash and Non-Interest-Bearing Accounts$15,510$1,856▼ $13,654
Accounts Receivable$336$150▼ $186
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,475,601$1,414,697▼ $60,904
Other Assets Total-$434-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,763,900$1,763,900→ $0
Accounts Payable and Accrued Expenses$12,546$13,789▲ $1,243
Other Liabilities$6,789$6,777▼ $12
Deferred Revenue$135$60▼ $75
Total Liabilities$1,783,370$1,784,526▲ $1,156
Net Assets / Fund Balance
Unrestricted Net Assets$-307,769$-369,829▼ $62,060
Total Net Assets Fund Balance$-307,769$-369,829▼ $62,060
Total Liabilities and Net Assets / Fund Balance$1,475,601$1,414,697▼ $60,904

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,278,382$576,374$1,854,756
Land$35,000-$35,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pete Gunn IiiPresident
Gene GillilandVice President
Beverly BeasleyTreas/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$47,691
Program Service Revenue
$92,331
Investment Income
$0
Other Revenue
$1,059
Change in Net Assets
$-62,060

Audited Revenue Reconciliation

Revenue per Audited Statements
$141,081
Total Revenue per Audited Statements
$141,081
Total Revenue per Form 990
$141,081
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,054
Salaries, Compensation, and Employee Benefits$42,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$59,319--$59,319
Depreciation Depletion$55,035--$55,035
Other Salaries and Wages$36,168--$36,168
Fees for Services Management-$15,940-$15,940
Office Expenses$14,947--$14,947
Insurance$12,213--$12,213
Payroll Taxes$3,944--$3,944
Fees for Services Accounting$3,600--$3,600
Other Employee Benefits$1,975--$1,975
Total Functional Expenses$187,201$15,940$0$203,141

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$203,141
Total Expenses per Audited Statements$203,141
Total Expenses per Form 990$203,141
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$6,777
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Management of the project is provided by hayes-gibson international, inc.

Form 990, Part VI, Line 11B: Form 990 Review Process

TAX RETURN IS REVIEWED BY the board of directors prior to its filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Bl Trevathanhatler E Morgan Elderly
EIN
61-1389333
Phone
8128765478
Address
1005 MAIN STREET PO BOX 466, BENTON, KY 42025

Signing Officer

Name
Pete Gunn Iii
Title
President
Signed
2016-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete Gunn Iii
Formed
2001
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Xiaolin Shi CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The entity adopted Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.

Raw XML Appendix389 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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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0275108
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01059
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01059
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99510
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt0217642
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt044902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048781
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019352
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0217642
IRS990ScheduleA/TotalSupportAmt0218722
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01278382
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0576374
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01854756
IRS990ScheduleD/ExpensesSubtotalAmt0203141
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt035000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0141081
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The entity adopted Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01313382
IRS990ScheduleD/TotalExpensesPerForm990Amt0203141
IRS990ScheduleD/TotalLiabilityAmt06777
IRS990ScheduleD/TotalRevenuePerForm990Amt0141081
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0141081
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0203141
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE PROJECT IS PROVIDED BY HAYES-GIBSON INTERNATIONAL, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURN IS REVIEWED BY the board of directors prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01475601
IRS990/TotalAssetsEOYAmt01414697
IRS990/TotalAssetsGrp/BOYAmt01475601
IRS990/TotalAssetsGrp/EOYAmt01414697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047691
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015940
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0187201
IRS990/TotalFunctionalExpensesGrp/TotalAmt0203141
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01783370
IRS990/TotalLiabilitiesEOYAmt01784526
IRS990/TotalLiabilitiesGrp/BOYAmt01783370
IRS990/TotalLiabilitiesGrp/EOYAmt01784526
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-307769
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-369829
IRS990/TotalProgramServiceExpensesAmt0187201
IRS990/TotalProgramServiceRevenueAmt092331
IRS990/TotalRevenueGrp/ExclusionAmt01059
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt092331
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0141081
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01475601
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01414697
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-307769
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-369829
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01005 MAIN STREET PO BOX 466
IRS990/USAddress/CityNm0BENTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042025
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETE GUNN III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BL TREVATHANHATLER E MORGAN ELDERLY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0BLTR
ReturnHeader/Filer/EIN0611389333
ReturnHeader/Filer/PhoneNum08128765478
ReturnHeader/Filer/USAddress/AddressLine1Txt01005 MAIN STREET PO BOX 466
ReturnHeader/Filer/USAddress/CityNm0BENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042025
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CNA Tax Professionals Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08606 Allisonville Rd Ste 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03178413393
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Xiaolin Shi CPA
ReturnHeader/ReturnTs02016-08-02T12:34:52-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.81$0.81$0.22$0.27$0.05
2024Summary only. Only limited summary data is available for this year.$1.06$1.82$0.76$0.24$0.27$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$1.82$0.72$0.19$0.23$0.04
2022Summary only. Only limited summary data is available for this year.$1.14$1.82$0.68$0.18$0.24$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$1.81$0.62$0.18$0.23$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$1.80$0.57$0.18$0.21$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$1.80$0.54$0.20$0.24$0.04
2018Summary only. Only limited summary data is available for this year.$1.28$1.78$0.50$0.18$0.22$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.80$0.45$0.14$0.22$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.41$1.78$0.37$0.14$0.20$0.06
2015Summary only. Only limited summary data is available for this year.$1.48$1.78$0.31$0.15$0.19$0.04
2014Summary only. Only limited summary data is available for this year.$1.58$1.85$0.27$0.15$0.19$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.80$0.23$0.18
2012Summary only. Only limited summary data is available for this year.$1.52$1.79$0.27$0.10$0.16$0.06
2011Summary only. Only limited summary data is available for this year.$1.57$1.78$0.22$0.09$0.15$0.07