Civic Intelligence

B L Trevathan Hatler E Morgan Elderly Housing Inc.

990 • Fiscal year 2019 • EIN 61-1389333

Apr 01, 2018 to Mar 31, 2019 • Filed on Aug 14, 2019

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

96th percentile

1.43x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

8.90x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

32nd percentile

-1.7%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,255,856

Down $22,321 (-1.7%) from 2018

Net Assets

Down

-$540,118

Down $37,113 (-7.4%) from 2018

Liabilities

Up

$1,795,974

Up $14,792 (+0.8%) from 2018

Revenue

Up

$201,687

Up $26,440 (+15%) from 2018

Expenses

Up

$238,800

Up $15,017 (+6.7%) from 2018

Net Income

Up

-$37,113

Up $11,423 (+24%) from 2018

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

2019

Assets$1,255,856
Liabilities$1,795,974
Net Assets-$540,118

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

2019

Revenue$201,687
Expenses$238,800
Net Income-$37,113
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Aug 14, 2019
Return Version
2018v3.1
Gross Receipts
$201,687
Mission and Program Overview

Mission

To provide low income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,204,271$1,149,900▼ $54,371
Savings and Temporary Cash Investments$67,350$87,083▲ $19,733
Cash and Non-Interest-Bearing Accounts$4,290$15,150▲ $10,860
Prepaid Expenses and Deferred Charges$0$3,723▲ $3,723
Accounts Receivable$2,266$0▼ $2,266
Total Assets$1,278,177$1,255,856▼ $22,321
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,763,900$1,763,900→ $0
Accounts Payable and Accrued Expenses$9,014$25,128▲ $16,114
Other Liabilities$8,035$6,946▼ $1,089
Deferred Revenue$233$0▼ $233
Total Liabilities$1,781,182$1,795,974▲ $14,792
Net Assets / Fund Balance
Unrestricted Net Assets$-503,005$-540,118▼ $37,113
Total Net Assets Fund Balance$-503,005$-540,118▼ $37,113
Total Liabilities and Net Assets / Fund Balance$1,278,177$1,255,856▼ $22,321

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,114,900$739,856$1,854,756
Land$35,000-$35,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gene GillilandPresident
Doug ClarkVice President
Jared MorganDirector
Jason JonesDirector
Mike StewartSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$84,610
Program Service Revenue
$91,514
Investment Income
$0
Other Revenue
$25,563
Change in Net Assets
$-37,113

Audited Revenue Reconciliation

Revenue per Audited Statements
$201,687
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$201,687
Total Revenue per Form 990
$201,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,238
Salaries, Compensation, and Employee Benefits$26,562
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$105,069--$105,069
Depreciation Depletion$54,371--$54,371
Office Expenses$22,448$9,808-$32,256
Other Salaries and Wages$12,239$14,323-$26,562
Fees for Services Management-$10,785-$10,785
Insurance$6,107--$6,107
Fees for Services Accounting-$3,600-$3,600
Advertising-$50-$50
Total Functional Expenses$200,234$38,566$0$238,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$238,800
Total Expenses per Audited Statements$238,800
Total Expenses per Form 990$238,800
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Tenant Deposits Held in Trust$6,946
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Section A, Line 3

Line 3 explanation - management of the project is provided by hayes gibson property services, llc.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - tax return is reviewed by the board of directors prior to its filing.

Form 990, Part VI, Section C, Line 19

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
Gene Gilliland
Title
President
Phone
8128765478
Signed
2019-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gene Gilliland
Formed
2001
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
8606 ALLISONVILLE RD STE 120, INDIANAPOLIS, IN 46250
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

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 Appendix356 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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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.
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 3 EXPLANATION - MANAGEMENT OF THE PROJECT IS PROVIDED BY HAYES GIBSON PROPERTY SERVICES, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11B EXPLANATION - TAX 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, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01278177
IRS990/TotalAssetsEOYAmt01255856
IRS990/TotalAssetsGrp/BOYAmt01278177
IRS990/TotalAssetsGrp/EOYAmt01255856
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt084610
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038566
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0200234
IRS990/TotalFunctionalExpensesGrp/TotalAmt0238800
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01781182
IRS990/TotalLiabilitiesEOYAmt01795974
IRS990/TotalLiabilitiesGrp/BOYAmt01781182
IRS990/TotalLiabilitiesGrp/EOYAmt01795974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-503005
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-540118
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0200234
IRS990/TotalProgramServiceRevenueAmt091514
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt025563
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091514
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0201687
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01278177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01255856
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-503005
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-540118
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01005 MAIN STREET PO BOX 466
IRS990/USAddress/CityNm0BENTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042025
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GENE GILLILAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08128765478
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-14
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/FilingSecurityInformation/AtSubmissionCreationDeviceId069954AB7B88365E85264179B0021FE71187A4A62
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A7E2468FEC10A50D2C2BA2925DAF81A1B560F63E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.25.48.193
ReturnHeader/FilingSecurityInformation/IPDt02019-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm020:56:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352102008
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/PreparationDt02019-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN D DREIMAN CPA
ReturnHeader/ReturnTs02019-08-14T20:01:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-04-01
ReturnHeader/TaxPeriodEndDt02019-03-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2019Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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