Civic Intelligence

Arcadia Commons Inc.

990 • Fiscal year 2016 • EIN 65-1170342

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 07, 2017

521 Pine AvenueAlbany, GA 31702

(229) 434-4500

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.43x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

3rd percentile

-105%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

21st percentile

-5.3%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.8%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,674,970

Down $93,626 (-5.3%) from 2015

Net Assets

Down

$1,631,390

Down $106,732 (-6.1%) from 2015

Liabilities

Up

$43,580

Up $13,106 (+43%) from 2015

Revenue

Up

$101,443

Up $5,575 (+5.8%) from 2015

Expenses

Up

$208,175

Up $40,101 (+24%) from 2015

Net Income

Down

-$106,732

Down $34,526 (-48%) from 2015

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: $2,030,313Liabilities 2011: $35,811Net Assets 2011: $1,994,5022011Assets 2012: $1,982,066Liabilities 2012: $47,827Net Assets 2012: $1,934,2392012Assets 2013: $1,909,263Liabilities 2013: $35,546Net Assets 2013: $1,873,7172013Assets 2014: $1,848,396Liabilities 2014: $38,068Net Assets 2014: $1,810,3282014Assets 2015: $1,768,596Liabilities 2015: $30,474Net Assets 2015: $1,738,1222015Assets 2016: $1,674,970Liabilities 2016: $43,580Net Assets 2016: $1,631,3902016Assets 2017: $1,615,514Liabilities 2017: $37,192Net Assets 2017: $1,578,3222017Assets 2018: $1,548,276Liabilities 2018: $40,493Net Assets 2018: $1,507,7832018Assets 2019: $1,505,182Liabilities 2019: $46,399Net Assets 2019: $1,458,7832019Assets 2020: $1,450,501Liabilities 2020: $41,312Net Assets 2020: $1,409,1892020Assets 2021: $1,437,483Liabilities 2021: $70,708Net Assets 2021: $1,366,7752021Assets 2022: $1,293,323Liabilities 2022: $62,058Net Assets 2022: $1,231,2652022Assets 2023: $1,273,028Liabilities 2023: $180,658Net Assets 2023: $1,092,3702023Assets 2024: $1,064,661Liabilities 2024: $57,230Net Assets 2024: $1,007,4312024

Highlighted filing

2016

Assets$1,674,970
Liabilities$43,580
Net Assets$1,631,390

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $95,770Expenses 2011: $160,604Net Income 2011: -$64,8342011Revenue 2012: $104,454Expenses 2012: $164,716Net Income 2012: -$60,2622012Revenue 2013: $96,298Expenses 2013: $156,820Net Income 2013: -$60,5222013Revenue 2014: $97,202Expenses 2014: $160,591Net Income 2014: -$63,3892014Revenue 2015: $95,868Expenses 2015: $168,074Net Income 2015: -$72,2062015Revenue 2016: $101,443Expenses 2016: $208,175Net Income 2016: -$106,7322016Revenue 2017: $115,919Expenses 2017: $168,987Net Income 2017: -$53,0682017Revenue 2018: $111,892Expenses 2018: $182,431Net Income 2018: -$70,5392018Revenue 2019: $119,628Expenses 2019: $168,628Net Income 2019: -$49,0002019Revenue 2020: $119,095Expenses 2020: $168,689Net Income 2020: -$49,5942020Revenue 2021: $156,189Expenses 2021: $198,603Net Income 2021: -$42,4142021Revenue 2022: $113,335Expenses 2022: $210,704Net Income 2022: -$97,3692022Revenue 2023: $108,450Expenses 2023: $247,345Net Income 2023: -$138,8952023Revenue 2024: $114,506Expenses 2024: $199,445Net Income 2024: -$84,9392024

Highlighted filing

2016

Revenue$101,443
Expenses$208,175
Net Income-$106,732
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 7, 2017
Return Version
2016v3.0
Gross Receipts
$101,443
Mission and Program Overview

Mission

To provide affordable housing to low-income and/or elderly residents in albany, georgia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,578,769$1,506,323▼ $72,446
Savings and Temporary Cash Investments$145,343$122,391▼ $22,952
Cash and Non-Interest-Bearing Accounts$34,828$35,925▲ $1,097
Prepaid Expenses and Deferred Charges$9,358$9,614▲ $256
Accounts Receivable$298$717▲ $419
Total Assets$1,768,596$1,674,970▼ $93,626
Liabilities
Accounts Payable and Accrued Expenses$23,580$36,829▲ $13,249
Other Liabilities$6,595$6,751▲ $156
Deferred Revenue$299--
Total Liabilities$30,474$43,580▲ $13,106
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,180,885$2,180,885→ $0
Unrestricted Net Assets$-442,763$-549,495▼ $106,732
Total Net Assets Fund Balance$1,738,122$1,631,390▼ $106,732
Total Liabilities and Net Assets / Fund Balance$1,768,596$1,674,970▼ $93,626

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,448,923$724,462$2,173,385
Land$57,400-$57,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joyce BarlowChairman
Richard KennedyVice Chair
C Nathan DavisDirector
Jean HighsmithDirector
Jimmie Hall JrDirector
Dan MccarthySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$51,760
Program Service Revenue
$49,264
Investment Income
$136
Other Revenue
$283
Change in Net Assets
$-106,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$101,443
Total Revenue per Audited Statements
$101,443
Total Revenue per Form 990
$101,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,175
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$72,446$0$0$72,446
Other Expenses$43,922$0$0$43,922
Fees for Services Other$18,126$0$0$18,126
Fees for Services Management$0$13,727$0$13,727
Insurance$9,849$0$0$9,849
Occupancy$6,141$0$0$6,141
Fees for Services Accounting$0$5,525$0$5,525
Office Expenses$3,814$0$0$3,814
Total Functional Expenses$188,923$19,252$0$208,175

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$208,175
Total Expenses per Audited Statements$208,175
Total Expenses per Form 990$208,175
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
Security deposits$6,751
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Filing and Contact Details

Filer

Filer Name
Arcadia Commons Inc
EIN
65-1170342
Phone
2294344500
Address
521 Pine Avenue, Albany, GA 31702

Signing Officer

Name
Joyce Barlow
Title
Chairman
Phone
2294344500
Signed
2017-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Barlow
Formed
2003
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Aprio Llp
Address
FIVE CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Rebecca L Mccune
Phone
2059915506
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

Arcadia Commons, Inc. has been contracted with the Albany Housing Authority to provide contracted administrative services, oversee management of the low-income rental units, and maintain required documentation for low-income tenants.

Pt VI, Line 11B

Form 990 is presented to the Board of Directors prior to filing with the Internal Revenue Service.

Pt VI, Line 19

Governing documents are made available to the public upon request.

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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt057400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security deposits
IRS990ScheduleD/RevenueSubtotalAmt0101443
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01506323
IRS990ScheduleD/TotalExpensesPerForm990Amt0208175
IRS990ScheduleD/TotalLiabilityAmt06751
IRS990ScheduleD/TotalRevenuePerForm990Amt0101443
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0101443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0208175
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Arcadia Commons, Inc. has been contracted with the Albany Housing Authority to provide contracted administrative services, oversee management of the low-income rental units, and maintain required documentation for low-income tenants.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is presented to the Board of Directors prior to filing with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARCADIA COURTSIDE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1INNOVATIVE HOUSING INITIATIVES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ALBANY HOUSING AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3STANDLEY-OXFORD APARTMENTS CIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0262154487
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581881620
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2586002860
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3453459511
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2EXEMPT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt26
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt37
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0521 PINE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1521 PINE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2521 PINE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3521 PINE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd031702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd131702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd231702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd331702
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt013727
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt118126
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CONTRACTUAL BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALBANY HOUSING AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ALBANY HOUSING AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0p
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1o
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02180885
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02180885
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01768596
IRS990/TotalAssetsEOYAmt01674970
IRS990/TotalAssetsGrp/BOYAmt01768596
IRS990/TotalAssetsGrp/EOYAmt01674970
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt051760
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019252
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188923
IRS990/TotalFunctionalExpensesGrp/TotalAmt0208175
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030474
IRS990/TotalLiabilitiesEOYAmt043580
IRS990/TotalLiabilitiesGrp/BOYAmt030474
IRS990/TotalLiabilitiesGrp/EOYAmt043580
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01738122
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01631390
IRS990/TotalProgramServiceExpensesAmt0188923
IRS990/TotalProgramServiceRevenueAmt049264
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049683
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0101443

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.06$1.01$0.11$0.20$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.18$1.09$0.11$0.25$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.06$1.23$0.11$0.21$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.07$1.37$0.16$0.20$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.04$1.41$0.12$0.17$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.05$1.46$0.12$0.17$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.04$1.51$0.11$0.18$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.62$0.04$1.58$0.12$0.17$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.04$1.63$0.10$0.21$0.11
2015Summary only. Only limited summary data is available for this year.$1.77$0.03$1.74$0.10$0.17$0.07
2014Summary only. Only limited summary data is available for this year.$1.85$0.04$1.81$0.10$0.16$0.06
2013Summary only. Only limited summary data is available for this year.$1.91$0.04$1.87$0.10$0.16$0.06
2012Summary only. Only limited summary data is available for this year.$1.98$0.05$1.93$0.10$0.16$0.06
2011Summary only. Only limited summary data is available for this year.$2.03$0.04$1.99$0.10$0.16$0.06