Civic Intelligence

Aaa Residential Resources Inc.

990 • Fiscal year 2018 • EIN 62-1718171

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 08, 2019

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

78th percentile

0.09x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.28x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

25th percentile

-9.1%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

36th percentile

-5.0%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

1.0%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$462,794

Down $24,243 (-5.0%) from 2017

Net Assets

Down

$420,960

Down $15,380 (-3.5%) from 2017

Liabilities

Down

$41,834

Down $8,863 (-17%) from 2017

Revenue

Up

$151,311

Up $1,534 (+1.0%) from 2017

Expenses

Up

$165,084

Up $4,496 (+2.8%) from 2017

Net Income

Down

-$13,773

Down $2,962 (-27%) from 2017

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

2018

Assets$462,794
Liabilities$41,834
Net Assets$420,960

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

2018

Revenue$151,311
Expenses$165,084
Net Income-$13,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 8, 2019
Return Version
2017v2.0
Gross Receipts
$162,403
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$282,951$271,859▼ $11,092
Cash and Non-Interest-Bearing Accounts$194,859$181,831▼ $13,028
Accounts Receivable$9,227$9,104▼ $123
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--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$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$487,037$462,794▼ $24,243
Other Assets Total$0--
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,644$40,244▼ $400
Accounts Payable and Accrued Expenses$10,053$1,590▼ $8,463
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$50,697$41,834▼ $8,863
Net Assets / Fund Balance
Unrestricted Net Assets$350,000$368,960▲ $18,960
Temporarily Rstr Net Assets$86,340$52,000▼ $34,340
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$436,340$420,960▼ $15,380
Total Liabilities and Net Assets / Fund Balance$487,037$462,794▼ $24,243

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$271,859$11,092$0
Other Land Buildings$0$0$0
Land$0-$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
$109,281
Program Service Revenue
$26,202
Investment Income
$0
Other Revenue
$15,828
All Other Contributions
$57,515
Change in Net Assets
$-13,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,906
Other Expenses$59,178
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$44,875--$44,875
Other Salaries and Wages$37,318--$37,318
Office Expenses$32,277--$32,277
Payroll Taxes$23,713--$23,713
Occupancy$16,412--$16,412
Conferences and Meetings$6,250--$6,250
Insurance$4,239--$4,239
Total Functional Expenses$165,084$0$0$165,084
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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 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

Board members with accounting skills which includes the treasurer, review the 990 and attachments for accuracy.

Form 990, Part VI, Section C, Line 19

Residential Resources, Inc. provides information and documentation to requisition party in a timely manner.

Filing and Contact Details

Filer

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

Signing Officer

Name
Rosalind Robinson
Title
President/Founder
Phone
6156509779
Signed
2019-04-08

Organization Details

Principal Officer
Rosalind Robinson
Formed
1997
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 5

Affordable housing rent.

Form 990, Part I, Line 8

496

Form 990, Part I, Line 11

Affordable housing rent collected.

Raw XML AppendixShowing 400 of 521 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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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0110985
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt039948
IRS990/PYOtherRevenueAmt010822
IRS990/PYProgramServiceRevenueAmt027970
IRS990/PYRevenuesLessExpensesAmt0-10811
IRS990/PYSalariesCompEmpBnftPaidAmt0120640
IRS990/PYTotalExpensesAmt0160588
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0149777
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13773
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt015828
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt033 1/3% plus support from contributions, etc.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0149777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0177067
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0194619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0164579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0812663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0109281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0110985
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0126621
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0177067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0194619
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0718573
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015828
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09294
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0836
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt025673
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt063648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt026202
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt018963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt028443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt025190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt023535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0122333
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015828
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09294
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0836
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt025673
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt063648
IRS990ScheduleA/InvestmentIncomeCYPct00.07036
IRS990ScheduleA/InvestmentIncomePYPct00.07398
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportCY509Pct00.92964
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportPY509Pct00.92602
IRS990ScheduleA/PublicSupportTotal170Amt0812663
IRS990ScheduleA/PublicSupportTotal509Amt0840906
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0135483
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0129948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0155064
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0202257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0218154
IRS990ScheduleA/Total509Grp/TotalAmt0840906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0149777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0126621
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0177067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0194619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0164579
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0812663
IRS990ScheduleA/TotalSupportAmt0812663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0151311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0141965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0164358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0203093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0243827
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0904554
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00

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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
2018Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits