Civic Intelligence

Aaa Residential Resources Inc.

990 • Fiscal year 2015 • EIN 62-1718171

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 14, 2016

604 Gallatin Road 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

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$55,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.1% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

54th percentile

3.8%

Faster asset growth than 54% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$308,923

Up $11,207 (+3.8%) from 2014

Net Assets

Up

$250,641

Up $13,450 (+5.7%) from 2014

Liabilities

Down

$58,282

Down $2,243 (-3.7%) from 2014

Revenue

Down

$203,093

Down $34,343 (-14%) from 2014

Expenses

Up

$189,643

Up $558 (+0.3%) from 2014

Net Income

Down

$13,450

Down $34,901 (-72%) from 2014

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

2015

Assets$308,923
Liabilities$58,282
Net Assets$250,641

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

2015

Revenue$203,093
Expenses$189,643
Net Income$13,450
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 14, 2016
Return Version
2014v6.0
Gross Receipts
$213,485
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$158,650$151,620▼ $7,030
Cash and Non-Interest-Bearing Accounts$121,329$149,261▲ $27,932
Accounts Receivable$17,737$8,042▼ $9,695
Total Assets$297,716$308,923▲ $11,207
Liabilities
Mortgage Notes Payable Secured by Investment Property$52,072$48,700▼ $3,372
Accounts Payable and Accrued Expenses$8,453$9,582▲ $1,129
Total Liabilities$60,525$58,282▼ $2,243
Net Assets / Fund Balance
Unrestricted Net Assets$132,191$145,641▲ $13,450
Temporarily Rstr Net Assets$105,000$105,000→ $0
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$237,191$250,641▲ $13,450
Total Liabilities and Net Assets / Fund Balance$297,716$308,923▲ $11,207

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$97,620$57,192$154,812
Land$54,000-$54,000
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosalind RobinsonPresident and Executive DirectorFT$55,000$55,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$177,067
Program Service Revenue
$25,190
Investment Income
$0
Other Revenue
$836
All Other Contributions
$38,342
Change in Net Assets
$13,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$135,755
Other Expenses$53,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,097$37,646$0$62,743
Current Officers, Directors, Trustees, and Key Employees$22,000$33,000$0$55,000
Payroll Taxes$10,807$7,205$0$18,012
Occupancy$6,925$4,616$0$11,541
Fees for Services Management$8,028-$0$8,028
Depreciation Depletion$3,214$2,143$0$5,357
Insurance$5,050$0$0$5,050
Conferences and Meetings$1,950$1,300$0$3,250
Office Expenses$1,551$1,034$0$2,585
Fees for Services Accounting$1,291$866$0$2,157
Other Expenses$1,290$860-$2,150
Total Functional Expenses$95,465$94,178$0$189,643
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

990, Part VI, Line 11b - The Form 990 Review Process: Executive Director gives to the Treasurer to review for filing.

Form 990, Part VI, Section C, Line 19

Form 990, Part VI, Line 11b - Form 990 Revenue Process: Executive Director gives to Treasurer to review before filing. Form 990, Part VI, Line 19 - The organization provides all information and documents upon request directly to the requisition person(s) in a timely manner.

Filing and Contact Details

Filer

Filer Name
Residential Resources Inc
EIN
62-1718171
Phone
6156509779
Address
604 Gallatin Road Suite 103, Nashville, TN 37206

Signing Officer

Name
Rosalind Robinson
Title
President/Founder
Phone
6156509779
Signed
2016-02-14

Organization Details

Formed
1997
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
0
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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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0194619
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0164579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0138155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0138038
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0812458
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0836
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt025673
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt022752
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027824
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014427
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt091512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt023535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt062087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0836
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt025673
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022752
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027824
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014427
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt091512
IRS990ScheduleA/InvestmentIncomeCYPct00.09473
IRS990ScheduleA/InvestmentIncomePYPct00.8865
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90527
IRS990ScheduleA/PublicSupportPY509Pct00.8854
IRS990ScheduleA/PublicSupportTotal509Amt0874545
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0202257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0218154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0177941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0138155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0138038
IRS990ScheduleA/Total509Grp/TotalAmt0874545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0203093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0243827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0200693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0165979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0152465
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0966057
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt097620
IRS990ScheduleD/BuildingsGrp/DepreciationAmt057192
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0154812
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt054000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt054000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0151620
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990, Part VI, Line 11b - The Form 990 Review Process: Executive Director gives to the Treasurer to review for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part VI, Line 11b - Form 990 Revenue Process: Executive Director gives to Treasurer to review before filing. Form 990, Part VI, Line 19 - The organization provides all information and documents upon request directly to the requisition person(s) in a timely manner.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0105000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0105000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0297716
IRS990/TotalAssetsEOYAmt0308923
IRS990/TotalAssetsGrp/BOYAmt0297716
IRS990/TotalAssetsGrp/EOYAmt0308923
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0177067
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094178
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095465
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189643
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060525
IRS990/TotalLiabilitiesEOYAmt058282
IRS990/TotalLiabilitiesGrp/BOYAmt060525
IRS990/TotalLiabilitiesGrp/EOYAmt058282
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0237191
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0250641
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt023902
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt023902
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt095465
IRS990/TotalProgramServiceRevenueAmt025190
IRS990/TotalReportableCompFromOrgAmt055000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026026

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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
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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