Civic Intelligence

Aaa Residential Resources Inc.

990 • Fiscal year 2022 • EIN 62-1718171

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 31, 2023

604 Gallatin Avenue Suite 103Nashville, TN 37206

(615) 650-9779

Siviq Scores

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

Liabilities / Assets

61st percentile

0.05x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.37x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

28th percentile

-5.6%

Higher net margin than 28% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$50,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 36.1% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

40th percentile

-1.5%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-18%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$932,193

Down $14,492 (-1.5%) from 2021

Net Assets

Up

$881,609

Up $9,570 (+1.1%) from 2021

Liabilities

Down

$50,584

Down $24,062 (-32%) from 2021

Revenue

Down

$138,354

Down $31,106 (-18%) from 2021

Expenses

Down

$146,071

Down $14,460 (-9.0%) from 2021

Net Income

Down

-$7,717

Down $16,646 (-186%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $209,010Liabilities 2011: $178,845Net Assets 2011: $30,1652011Assets 2012: $224,410Liabilities 2012: $59,385Net Assets 2012: $165,0252012Assets 2013: $255,609Liabilities 2013: $66,768Net Assets 2013: $188,8412013Assets 2014: $297,716Liabilities 2014: $60,525Net Assets 2014: $237,1912014Assets 2015: $308,923Liabilities 2015: $58,282Net Assets 2015: $250,6412015Assets 2016: $400,039Liabilities 2016: $55,793Net Assets 2016: $344,2462016Assets 2017: $487,037Liabilities 2017: $50,697Net Assets 2017: $436,3402017Assets 2018: $462,794Liabilities 2018: $41,834Net Assets 2018: $420,9602018Assets 2019: $698,021Liabilities 2019: $45,000Net Assets 2019: $653,0212019Assets 2020: $678,102Liabilities 2020: $42,586Net Assets 2020: $635,5162020Assets 2021: $946,685Liabilities 2021: $74,646Net Assets 2021: $872,0392021Assets 2022: $932,193Liabilities 2022: $50,584Net Assets 2022: $881,6092022Assets 2023: $496,573Liabilities 2023: $98,596Net Assets 2023: $397,9772023

Highlighted filing

2022

Assets$932,193
Liabilities$50,584
Net Assets$881,609

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $142,177Expenses 2011: $136,510Net Income 2011: $5,6672011Expenses 2012: $138,3932012Expenses 2013: $156,3142013Revenue 2014: $237,436Expenses 2014: $189,085Net Income 2014: $48,3512014Revenue 2015: $203,093Expenses 2015: $189,643Net Income 2015: $13,4502015Revenue 2016: $164,358Expenses 2016: $175,508Net Income 2016: -$11,1502016Revenue 2017: $149,777Expenses 2017: $160,588Net Income 2017: -$10,8112017Revenue 2018: $151,311Expenses 2018: $165,084Net Income 2018: -$13,7732018Revenue 2019: $158,187Expenses 2019: $173,350Net Income 2019: -$15,1632019Revenue 2020: $153,374Expenses 2020: $170,879Net Income 2020: -$17,5052020Revenue 2021: $169,460Expenses 2021: $160,531Net Income 2021: $8,9292021Revenue 2022: $138,354Expenses 2022: $146,071Net Income 2022: -$7,7172022Revenue 2023: $271,233Expenses 2023: $180,864Net Income 2023: $90,3692023

Highlighted filing

2022

Revenue$138,354
Expenses$146,071
Net Income-$7,717
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 31, 2023
Return Version
2021v4.0
Gross Receipts
$138,354
Mission and Program Overview

Mission

Provide guidance through consultation, education, development and referrals for the acquisition and sustaining of decent affordable housing opportunities.

Guidance for acquiring and sustaining decent affordable housing by consultation, education, referrals and housing development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$872,039$822,007▼ $50,032
Cash and Non-Interest-Bearing Accounts$36,152$70,186▲ $34,034
Accounts Receivable$38,494$40,000▲ $1,506
Savings and Temporary Cash Investments$0$0→ $0
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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$946,685$932,193▼ $14,492
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$40,179$0▼ $40,179
Mortgage Notes Payable Secured by Investment Property$27,000$21,144▼ $5,856
Other Liabilities$0$20,033▲ $20,033
Accounts Payable and Accrued Expenses$7,467$9,407▲ $1,940
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$74,646$50,584▼ $24,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$767,039$776,609▲ $9,570
Net Assets With Donor Restrictions$105,000$105,000→ $0
Total Net Assets Fund Balance$872,039$881,609▲ $9,570
Total Liabilities and Net Assets / Fund Balance$946,685$932,193▼ $14,492

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$567,600$32,400$0
Other Land Buildings$0$0$0
Land$254,407-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosalind RobinsonPresident and Executive DirectorFT$50,000$50,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$138,354
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-7,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$93,161
Other Expenses$52,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$42,292$0$0$42,292
Other Salaries and Wages$33,450$0$0$33,450
Office Expenses$33,171$0$0$33,171
Occupancy$19,739$0$0$19,739
Payroll Taxes$17,419$0$0$17,419
Total Functional Expenses$146,071$0$0$146,071
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
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990, Part VI, Section B, Line 11b - Board members with accounting skills which includes the treasurer, review the 990 and attachments for accuracy. Board Members with accounting skills which include the treasurer, review the 990 and attachments for accuracy.

Form 990, Part VI, Section B, Line 15

Form 990, Part VI, Section B, Line 15 - Based on Comparable compensation in the industry. Based on comparable industry compensation.

Form 990, Part VI, Section C, Line 19

Form 990, Part VI, Section C, Line 19 - Provides information and documentation upon request. Provides information and documentation upon request.

Filing and Contact Details

Filer

Filer Name
Aaa Residential Resources Inc
EIN
62-1718171
Phone
6156509779
Address
604 Gallatin Avenue Suite 103, Nashville, TN 37206
Doing Business As
Residential Resources Inc

Signing Officer

Name
Rosalind Robinson
Title
President/CEO/ED
Phone
6156509779
Signed
2023-03-31

Organization Details

Principal Officer
Rosalind Robinson
Formed
1997
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
4
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rental property income. Income increase in rent, which is still lower than market rents averages.

Form 990, Part XII, Line 3B

The organization did not have the funds to pay the auditor who required auditing the previous year and this one. Previous year was not audited due to lack of funds resulting from COVID 19 impact on agency.

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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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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017419
IRS990/PayrollTaxesGrp/TotalAmt017419
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Rosalind Robinson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Assisted 177 homeowner clients avoid foreclosure on their home, and 82 non delinquent homeowners clients avoid delinquency.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053070
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt053070
IRS990/ProgSrvcAccomActy3Grp/Desc0Assisted 73 clients sustain rental housing.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011589
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011588
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0141085
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt050638
IRS990/PYOtherRevenueAmt028375
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt08929
IRS990/PYSalariesCompEmpBnftPaidAmt0109893
IRS990/PYTotalExpensesAmt0160531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0169460
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-7717
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt081412
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Schedule A, Part III, Line 12 - Services partially compensated for HBE clients assisted.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0138354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0141185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0115768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt042259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0109281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0546847
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0138354
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0141185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0115768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt042259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0109281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0546847
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06973
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018415
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015828
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt072590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt021302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt029979
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0101840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt026202
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0179323
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0620091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06973

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.97$0.99$3.98$2.71$1.81$0.90
2022Detailed filing. Detailed filing data is available for this year.$9.32$0.51$8.82$1.38$1.46$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.47$0.75$8.72$1.69$1.61$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$0.43$6.36$1.53$1.71$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$0.45$6.53$1.58$1.73$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$0.42$4.21$1.51$1.65$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$0.51$4.36$1.50$1.61$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.56$3.44$1.64$1.76$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.09$0.58$2.51$2.03$1.90$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.98$0.61$2.37$2.37$1.89$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.67$1.89$1.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.59$1.65$1.38
2011Summary only. Only limited summary data is available for this year.$2.09$1.79$0.30$1.42$1.37$0.06