Civic Intelligence

Farm House Fraternity Inc

990EZ • Fiscal year 2017 • EIN 64-0403753

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 14, 2018

108 Saint Charles AveStarkville, MS 39759

(662) 323-5244

Siviq Scores

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

Liabilities / Assets

91st percentile

0.61x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

2.51x

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

33rd percentile

-3.3%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

4.0%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$377,501

Down $12,758 (-3.3%) from 2016

Net Assets

Up

$147,507

Up $5,085 (+3.6%) from 2016

Liabilities

Down

$229,994

Down $17,843 (-7.2%) from 2016

Revenue

Up

$91,735

Up $3,555 (+4.0%) from 2016

Expenses

Down

$86,650

Down $56,525 (-39%) from 2016

Net Income

Up

$5,085

Up $60,080 (+109%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $423,951Liabilities 2014: $224,8242014Assets 2015: $409,270Liabilities 2015: $211,853Net Assets 2015: $197,4172015Assets 2016: $390,259Liabilities 2016: $247,837Net Assets 2016: $142,4222016Assets 2017: $377,501Liabilities 2017: $229,994Net Assets 2017: $147,5072017Assets 2018: $373,469Liabilities 2018: $227,483Net Assets 2018: $145,9862018Assets 2019: $359,041Liabilities 2019: $210,608Net Assets 2019: $148,4332019Assets 2020: $360,489Liabilities 2020: $205,757Net Assets 2020: $154,7322020Assets 2021: $440,840Liabilities 2021: $232,113Net Assets 2021: $208,7272021Assets 2022: $369,641Liabilities 2022: $200,531Net Assets 2022: $169,1102022Assets 2023: $364,887Liabilities 2023: $171,602Net Assets 2023: $193,2852023Assets 2024: $354,140Liabilities 2024: $141,367Net Assets 2024: $212,7732024Assets 2025: $374,497Liabilities 2025: $138,908Net Assets 2025: $235,5892025

Highlighted filing

2017

Assets$377,501
Liabilities$229,994
Net Assets$147,507

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2014: $67,185Expenses 2014: $69,459Net Income 2014: -$2,2742014Revenue 2015: $93,965Expenses 2015: $95,675Net Income 2015: -$1,7102015Revenue 2016: $88,180Expenses 2016: $143,175Net Income 2016: -$54,9952016Revenue 2017: $91,735Expenses 2017: $86,650Net Income 2017: $5,0852017Revenue 2018: $66,480Expenses 2018: $68,001Net Income 2018: -$1,5212018Revenue 2019: $65,667Expenses 2019: $63,220Net Income 2019: $2,4472019Revenue 2020: $123,308Expenses 2020: $117,009Net Income 2020: $6,2992020Revenue 2021: $98,368Expenses 2021: $44,373Net Income 2021: $53,9952021Revenue 2022: $74,840Expenses 2022: $114,457Net Income 2022: -$39,6172022Revenue 2023: $87,125Expenses 2023: $62,950Net Income 2023: $24,1752023Revenue 2024: $69,485Expenses 2024: $49,997Net Income 2024: $19,4882024Revenue 2025: $73,731Expenses 2025: $50,915Net Income 2025: $22,8162025

Highlighted filing

2017

Revenue$91,735
Expenses$86,650
Net Income$5,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 14, 2018
Return Version
2017v2.2
Gross Receipts
$91,735
Mission and Program Overview

Mission

To Provide Fraternal Housing

To provide fraternal housing to fraternity members

Program Services

DescriptionGrantsExpenses
TO PROVIDE FRATERNAL HOUSING$0$67,897
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM MATTOXPresident-$0--
MARTIN WILSONVice President-$0--
TREY RICESecretary-$0--
MYLES CARPENTERTreasurer-$0--
RODGER COANDirector-$0--
CHARLES GRACEDirector-$0--
ROBERT MANNINGDirector-$0--
PHIL PEPPERDirector-$0--
JAMES SHIRLEYDirector-$0--
RICHARD STRACHANDirector-$0--
JOHN TOMLINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Farmhouse Fraternity Inc
EIN
64-0403753
Phone
6623235244
Address
108 SAINT CHARLES AVE, STARKVILLE, MS 39759

Signing Officer

Name
Myles Carpenter
Title
Treasurer
Phone
6623235244
Signed
2018-06-14
Discuss with paid preparer
Yes

Preparer

Firm
T E LOTT & COMPANY CPA'S
Address
PO BOX 80282, STARKVILLE, MS 39759-0282
Preparer
Katherine W Little CPA
Phone
6623231234
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 16,718. Description: other expenses. Amount: 57,106. Total to form 990-ez, line 14: 73,824.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: interest expense. Amount: 10,791. Description: kitchen supplies. Amount: 159. Description: miscellaneous. Amount: 1,003. Description: supplies. Amount: 873. Total to form 990-ez, line 16: 12,826.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 2,631. End of year amount: 1,578.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: renasant mortgage. Beg. Of year amount: 235,837. End of year amount: 219,994. Description: line of credit. Beg. Of year amount: 12,000. End of year amount: 10,000.

Raw XML Appendix171 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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IRS990EZ/BooksInCareOfDetail/PhoneNum06623235244
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0108 ST CHARLES AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STARKVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM MATTOX
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TREY RICE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RODGER COAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FRATERNAL HOUSING TO FRATERNITY MEMBERS
IRS990EZ/ProgramServiceRevenueAmt084767
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IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 16,718. DESCRIPTION: OTHER EXPENSES. AMOUNT: 57,106. TOTAL TO FORM 990-EZ, LINE 14: 73,824.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST EXPENSE. AMOUNT: 10,791. DESCRIPTION: KITCHEN SUPPLIES. AMOUNT: 159. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,003. DESCRIPTION: SUPPLIES. AMOUNT: 873. TOTAL TO FORM 990-EZ, LINE 16: 12,826.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 2,631. END OF YEAR AMOUNT: 1,578.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: RENASANT MORTGAGE. BEG. OF YEAR AMOUNT: 235,837. END OF YEAR AMOUNT: 219,994. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 12,000. END OF YEAR AMOUNT: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MYLES CARPENTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06623235244
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMHOUSE FRATERNITY INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MISSISSIPPI ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0640403753
ReturnHeader/Filer/PhoneNum06623235244
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 SAINT CHARLES AVE
ReturnHeader/Filer/USAddress/CityNm0STARKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039759
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C9E81EBA6DAF72A925776D9CD8B984769623FCC5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.86.21.132
ReturnHeader/FilingSecurityInformation/IPDt02018-06-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:19:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640575804
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0T E LOTT & COMPANY CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 80282
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STARKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0397590282
ReturnHeader/PreparerPersonGrp/PhoneNum06623231234
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE W LITTLE CPA
ReturnHeader/ReturnTs02018-06-15T12:04:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings