Civic Intelligence

Sacred Heart So Missions Housing

990 • Fiscal year 2017 • EIN 64-0854543

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 29, 2017

6144 Hwy 161N PO Box 190Walls, MS 38680-0190

(662) 781-9949

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.37x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$122,256

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 28.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-3.7%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-3.0%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,971,751

Down $76,111 (-3.7%) from 2016

Net Assets

Down

$1,813,391

Down $61,624 (-3.3%) from 2016

Liabilities

Down

$158,360

Down $14,487 (-8.4%) from 2016

Revenue

Down

$428,592

Down $13,332 (-3.0%) from 2016

Expenses

Down

$490,216

Down $23,054 (-4.5%) from 2016

Net Income

Up

-$61,624

Up $9,722 (+14%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,076,573Liabilities 2011: $396,457Net Assets 2011: $680,1162011Assets 2012: $1,064,584Liabilities 2012: $429,199Net Assets 2012: $635,3852012Assets 2013: $2,258,517Liabilities 2013: $167,591Net Assets 2013: $2,090,9262013Assets 2014: $2,166,892Liabilities 2014: $192,630Net Assets 2014: $1,974,2622014Assets 2015: $2,106,366Liabilities 2015: $160,004Net Assets 2015: $1,946,3622015Assets 2016: $2,047,862Liabilities 2016: $172,847Net Assets 2016: $1,875,0152016Assets 2017: $1,971,751Liabilities 2017: $158,360Net Assets 2017: $1,813,3912017Assets 2018: $1,967,009Liabilities 2018: $159,379Net Assets 2018: $1,807,6302018Assets 2019: $1,982,702Liabilities 2019: $218,126Net Assets 2019: $1,764,5762019Assets 2020: $1,835,469Liabilities 2020: $171,458Net Assets 2020: $1,664,0112020Assets 2021: $1,689,273Liabilities 2021: $216,403Net Assets 2021: $1,472,8702021Assets 2022: $1,598,529Liabilities 2022: $98,459Net Assets 2022: $1,500,0702022Assets 2023: $1,541,567Liabilities 2023: $94,865Net Assets 2023: $1,446,7022023Assets 2024: $1,514,411Liabilities 2024: $105,972Net Assets 2024: $1,408,4392024

Highlighted filing

2017

Assets$1,971,751
Liabilities$158,360
Net Assets$1,813,391

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $96,4412011Revenue 2012: $102,724Expenses 2012: $147,383Net Income 2012: -$44,6592012Revenue 2013: $431,185Expenses 2013: $307,515Net Income 2013: $123,6702013Revenue 2014: $321,143Expenses 2014: $437,807Net Income 2014: -$116,6642014Revenue 2015: $501,143Expenses 2015: $529,043Net Income 2015: -$27,9002015Revenue 2016: $441,924Expenses 2016: $513,270Net Income 2016: -$71,3462016Revenue 2017: $428,592Expenses 2017: $490,216Net Income 2017: -$61,6242017Revenue 2018: $494,678Expenses 2018: $500,439Net Income 2018: -$5,7612018Revenue 2019: $489,715Expenses 2019: $532,769Net Income 2019: -$43,0542019Revenue 2020: $439,381Expenses 2020: $539,946Net Income 2020: -$100,5652020Revenue 2021: $382,595Expenses 2021: $573,736Net Income 2021: -$191,1412021Revenue 2022: $506,611Expenses 2022: $479,411Net Income 2022: $27,2002022Revenue 2023: $370,943Expenses 2023: $424,311Net Income 2023: -$53,3682023Revenue 2024: $437,523Expenses 2024: $475,780Net Income 2024: -$38,2572024

Highlighted filing

2017

Revenue$428,592
Expenses$490,216
Net Income-$61,624
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 29, 2017
Return Version
2016v3.0
Gross Receipts
$428,592
Mission and Program Overview

Mission

To provide lending services and housing to low income families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,807,946$1,722,469▼ $85,477
Savings and Temporary Cash Investments$133,975$175,342▲ $41,367
Cash and Non-Interest-Bearing Accounts$47,917$27,677▼ $20,240
Accounts Receivable$22,878$8,702▼ $14,176
Total Assets$2,047,862$1,971,751▼ $76,111
Other Assets Total$35,146$37,561▲ $2,415
Liabilities
Unsecured Notes Loans Payable$135,000$135,000→ $0
Accounts Payable and Accrued Expenses$24,765$17,620▼ $7,145
Other Liabilities$13,082$5,740▼ $7,342
Total Liabilities$172,847$158,360▼ $14,487
Net Assets / Fund Balance
Unrestricted Net Assets$1,626,030$1,548,480▼ $77,550
Temporarily Rstr Net Assets$248,985$264,911▲ $15,926
Total Net Assets Fund Balance$1,875,015$1,813,391▼ $61,624
Total Liabilities and Net Assets / Fund Balance$2,047,862$1,971,751▼ $76,111

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,570,705$1,662,504$3,233,209
Land$151,764-$151,764
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jeff KortzPresident$122,256$122,256
Laura GrishamSecretary & Treasurer$78,704$78,704
Anita BelfoureDirector$56,622$56,622

Board Members and Trustees

NameTitle
Fr David SzatkowskiVice President
Jasmin MatthewsDirector
Mika JoynerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$245,929
Program Service Revenue
$182,663
Investment Income
$0
Other Revenue
$0
All Other Contributions
$358
Change in Net Assets
$-61,624

Audited Revenue Reconciliation

Revenue per Audited Statements
$428,592
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$428,592
Total Revenue per Form 990
$428,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,276
Salaries, Compensation, and Employee Benefits$173,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$114,559--$114,559
Depreciation Depletion$85,476--$85,476
Fees for Services Management$12,000$48,000-$60,000
Other Employee Benefits$41,751--$41,751
Office Expenses$35,952--$35,952
Fees for Services Accounting$6,750$23,557-$30,307
Occupancy$18,278--$18,278
Pension Plan Contributions$9,096--$9,096
Payroll Taxes$8,534--$8,534
Insurance$7,200--$7,200
Interest$2,675--$2,675
Other Expenses$1,079--$1,079
Conferences and Meetings$359--$359
Total Functional Expenses$418,659$71,557$0$490,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$490,216
Total Expenses per Audited Statements$490,216
Total Expenses per Form 990$490,216
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
Interest Payable$5,740
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Person one person two relationship anita belfoure jeff kortz business fr. David szatkowski anita belfoure business

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

Form 990 is reviewed by the finance manager before it is filed.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy & financial statements are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Sacred Heart So Missions Housing
EIN
64-0854543
Phone
6627819949
Address
6144 HWY 161N PO BOX 190, WALLS, MS 38680-0190

Signing Officer

Name
Jeff Kortz
Title
President
Phone
6627819949
Signed
2017-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Kortz
Formed
1994
Legal Domicile
Ms
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Cannon and Company Cpas
Address
5605 MURRAY AVENUE, MEMPHIS, TN 38119
Preparer
David Curbo CPA
Phone
9017611710
Raw XML AppendixShowing 400 of 444 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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IRS990ScheduleA/PublicSupportPY509Pct00.99170
IRS990ScheduleA/PublicSupportTotal509Amt02123256
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0428592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0441744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0321143
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0431424
IRS990ScheduleA/Total509Grp/TotalAmt02123256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0428592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0441744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0500353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0321143
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0431424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02123256
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01570705
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01662504
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03233209
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0490216
IRS990ScheduleD/LandGrp/BookValueAmt0151764
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0428592
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01722469
IRS990ScheduleD/TotalExpensesPerForm990Amt0490216
IRS990ScheduleD/TotalLiabilityAmt05740
IRS990ScheduleD/TotalRevenuePerForm990Amt0428592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0428592
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0490216
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PERSON ONE PERSON TWO RELATIONSHIP ANITA BELFOURE JEFF KORTZ BUSINESS FR. DAVID SZATKOWSKI ANITA BELFOURE BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE FINANCE MANAGER BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PRIESTS OF THE SACRED HEART
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640358092
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0509(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEV. OF THE ROMAN CATHOLIC CHURCH AND THE FURTHERENCE OF IT'S MISSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06050 HIGHWAY 161
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd038686
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0223000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1114559
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH CONTRIBUTION
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH REIMB. FOR PAYROLL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PRIESTS OF THE SACRED HEART
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PRIESTS OF THE SACRED HEART
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0248985
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0264911
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02047862
IRS990/TotalAssetsEOYAmt01971751
IRS990/TotalAssetsGrp/BOYAmt02047862
IRS990/TotalAssetsGrp/EOYAmt01971751
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0245929
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0418659
IRS990/TotalFunctionalExpensesGrp/TotalAmt0490216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0172847
IRS990/TotalLiabilitiesEOYAmt0158360
IRS990/TotalLiabilitiesGrp/BOYAmt0172847
IRS990/TotalLiabilitiesGrp/EOYAmt0158360
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01875015
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01813391
IRS990/TotalOtherCompensationAmt071519
IRS990/TotalProgramServiceExpensesAmt0418659
IRS990/TotalProgramServiceRevenueAmt0182663
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0182663
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0428592
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02047862
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01971751
IRS990/TotReportableCompRltdOrgAmt0186063
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01626030
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01548480
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0135000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.11$1.41$0.44$0.48$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.09$1.45$0.37$0.42$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.10$1.50$0.51$0.48$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.22$1.47$0.38$0.57$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.84$0.17$1.66$0.44$0.54$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.22$1.76$0.49$0.53$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.16$1.81$0.49$0.50$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.16$1.81$0.43$0.49$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.17$1.88$0.44$0.51$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.16$1.95$0.50$0.53$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.17$0.19$1.97$0.32$0.44$0.12
2013Summary only. Only limited summary data is available for this year.$2.26$0.17$2.09$0.43$0.31$0.12
2012Summary only. Only limited summary data is available for this year.$1.06$0.43$0.64$0.10$0.15$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.40$0.68$0.10