Civic Intelligence

CIC Arms Inc

990 • Fiscal year 2016 • EIN 71-0467424

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

S Second Martin DriveMcGehee, AR 71654

(870) 222-5276

Siviq Scores

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

Liabilities / Assets

75th percentile

0.08x

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

36th percentile

-2.4%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$64,398

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

42nd percentile

-1.4%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

-0.4%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$272,156

Down $3,961 (-1.4%) from 2015

Net Assets

Down

$249,601

Down $6,946 (-2.7%) from 2015

Liabilities

Up

$22,555

Up $2,985 (+15%) from 2015

Revenue

Down

$294,865

Down $1,098 (-0.4%) from 2015

Expenses

Up

$301,811

Up $12,208 (+4.2%) from 2015

Net Income

Down

-$6,946

Down $13,306 (-209%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $255,414Liabilities 2011: $12,969Net Assets 2011: $242,4452011Assets 2012: $290,704Liabilities 2012: $13,607Net Assets 2012: $277,0972012Assets 2013: $281,557Liabilities 2013: $11,836Net Assets 2013: $269,7212013Assets 2014: $272,206Liabilities 2014: $22,019Net Assets 2014: $250,1872014Assets 2015: $276,117Liabilities 2015: $19,570Net Assets 2015: $256,5472015Assets 2016: $272,156Liabilities 2016: $22,555Net Assets 2016: $249,6012016Assets 2017: $249,298Liabilities 2017: $23,343Net Assets 2017: $225,9552017Assets 2018: $336,165Liabilities 2018: $101,989Net Assets 2018: $234,1762018Assets 2019: $308,365Liabilities 2019: $77,943Net Assets 2019: $230,4222019Assets 2020: $319,419Liabilities 2020: $46,296Net Assets 2020: $273,1232020Assets 2021: $389,616Liabilities 2021: $92,999Net Assets 2021: $296,6172021Assets 2022: $355,743Liabilities 2022: $70,339Net Assets 2022: $285,4042022Assets 2023: $326,579Liabilities 2023: $71,272Net Assets 2023: $255,3072023Assets 2024: $324,910Liabilities 2024: $44,563Net Assets 2024: $280,3472024

Highlighted filing

2016

Assets$272,156
Liabilities$22,555
Net Assets$249,601

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $312,070Expenses 2011: $267,481Net Income 2011: $44,5892011Revenue 2012: $287,296Expenses 2012: $252,644Net Income 2012: $34,6522012Expenses 2013: $291,6022013Revenue 2014: $316,638Expenses 2014: $328,971Net Income 2014: -$12,3332014Revenue 2015: $295,963Expenses 2015: $289,603Net Income 2015: $6,3602015Revenue 2016: $294,865Expenses 2016: $301,811Net Income 2016: -$6,9462016Revenue 2017: $297,333Expenses 2017: $320,980Net Income 2017: -$23,6472017Revenue 2018: $313,569Expenses 2018: $305,348Net Income 2018: $8,2212018Revenue 2019: $330,553Expenses 2019: $334,307Net Income 2019: -$3,7542019Revenue 2020: $371,409Expenses 2020: $328,707Net Income 2020: $42,7022020Revenue 2021: $345,236Expenses 2021: $321,742Net Income 2021: $23,4942021Revenue 2022: $335,042Expenses 2022: $346,255Net Income 2022: -$11,2132022Revenue 2023: $320,826Expenses 2023: $350,923Net Income 2023: -$30,0972023Revenue 2024: $371,600Expenses 2024: $346,560Net Income 2024: $25,0402024

Highlighted filing

2016

Revenue$294,865
Expenses$301,811
Net Income-$6,946
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$294,865
Mission and Program Overview

Mission

C.I.C. Arms, Inc. is a fifty unit apartment complex in McGehee, Arkansas providing low rent housing to its tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$158,177$152,703▼ $5,474
Savings and Temporary Cash Investments$82,290$85,059▲ $2,769
Cash and Non-Interest-Bearing Accounts$34,273$33,042▼ $1,231
Accounts Receivable$577$551▼ $26
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$276,117$272,156▼ $3,961
Other Assets Total$800$801▲ $1
Liabilities
Accounts Payable and Accrued Expenses$14,224$15,350▲ $1,126
Other Liabilities$5,346$7,205▲ $1,859
Total Liabilities$19,570$22,555▲ $2,985
Net Assets / Fund Balance
Unrestricted Net Assets$256,547$249,601▼ $6,946
Total Net Assets Fund Balance$256,547$249,601▼ $6,946
Total Liabilities and Net Assets / Fund Balance$276,117$272,156▼ $3,961

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$87,234$686,168$773,402
Equipment$47,739$117,850$165,589
Land$15,921-$15,921
Other Land Buildings$1,809$13,331$15,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jacqueline GrahamManagerFT$64,398$64,398
LC WilliamsVice President-$3,425$3,425
Bennie LeePresident-$2,425$2,425
Doris GloverAsst Secretary-$2,075$2,075
John EllisDirector-$2,075$2,075
Betty RhodesDirector-$1,875$1,875
Jimmie Lee WilliamsSecretary-$1,625$1,625
Helen WashingtonDirector-$800$800
Earnest CorbinDirector-$400$400
Karline MitchellDirector-$250$250
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$293,955
Investment Income
$910
Other Revenue
$0
Change in Net Assets
$-6,946

Audited Revenue Reconciliation

Revenue per Audited Statements
$294,865
Total Revenue per Audited Statements
$294,865
Total Revenue per Form 990
$294,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,673
Salaries, Compensation, and Employee Benefits$139,138
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$79,348--$79,348
Other Salaries and Wages$48,529--$48,529
Depreciation Depletion$11,272--$11,272
Payroll Taxes$10,702--$10,702
All Other Expenses$7,721--$7,721
Other Expenses$7,545--$7,545
Fees for Services Other$4,500--$4,500
Fees for Services Accounting$3,455--$3,455
Office Expenses$3,079--$3,079
Insurance$2,659--$2,659
Travel$1,667--$1,667
Other Employee Benefits$559--$559
Total Functional Expenses$301,811$0$0$301,811

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$301,811
Total Expenses per Audited Statements$301,811
Total Expenses per Form 990$301,811
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$7,205
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The 990 is reviewed by the Manager, who notifies the board that the 990 has been completed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The manager's performance is reviewed annually by the board of directors. Compensation is then set based upon the manager's performance and years of service. These decisions are recorded in the minutes of the board meeting.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All employees' performances are subject to the board of director's review, and compensation is set based upon performance and years of service. All decisions are documented in the minutes of the board meetings.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies and financial statements are available upon written request.

Filing and Contact Details

Filer

Filer Name
CIC Arms Inc
EIN
71-0467424
Phone
8702225276
Address
S Second Martin Drive, McGehee, AR 71654

Signing Officer

Name
Jacqueline Graham
Title
Manager
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Ar
Voting Board Members
10
Independent Board Members
10
Employees
7

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Cynthia R Montgomery
Phone
8702226005
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IRS990/OtherExpensesGrp/ProgramServicesAmt130954
IRS990/OtherExpensesGrp/ProgramServicesAmt217754
IRS990/OtherExpensesGrp/ProgramServicesAmt37545
IRS990/OtherExpensesGrp/TotalAmt072067
IRS990/OtherExpensesGrp/TotalAmt130954
IRS990/OtherExpensesGrp/TotalAmt217754
IRS990/OtherExpensesGrp/TotalAmt37545
IRS990/OtherLiabilitiesGrp/BOYAmt05346
IRS990/OtherLiabilitiesGrp/EOYAmt07205
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt048529
IRS990/OtherSalariesAndWagesGrp/TotalAmt048529
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010702
IRS990/PayrollTaxesGrp/TotalAmt010702
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1Rents collected
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0238303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0238303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155652
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0160053
IRS990/PYProgramServiceRevenueAmt0295959
IRS990/PYRevenuesLessExpensesAmt06360
IRS990/PYSalariesCompEmpBnftPaidAmt0129550
IRS990/PYTotalExpensesAmt0289603
IRS990/PYTotalRevenueAmt0295963
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6946
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt082290
IRS990/SavingsAndTempCashInvstGrp/EOYAmt085059
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt087234
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0686168
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0773402
IRS990ScheduleD/EquipmentGrp/BookValueAmt047739
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0165589
IRS990ScheduleD/ExpensesSubtotalAmt0301811
IRS990ScheduleD/LandGrp/BookValueAmt015921
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015921
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01809
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013331
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0294865
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0152703
IRS990ScheduleD/TotalExpensesPerForm990Amt0301811
IRS990ScheduleD/TotalLiabilityAmt07205
IRS990ScheduleD/TotalRevenuePerForm990Amt0294865
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0294865
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0301811
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed by the Manager, who notifies the board that the 990 has been completed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The manager's performance is reviewed annually by the board of directors. Compensation is then set based upon the manager's performance and years of service. These decisions are recorded in the minutes of the board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All employees' performances are subject to the board of director's review, and compensation is set based upon performance and years of service. All decisions are documented in the minutes of the board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, policies and financial statements are available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0276117
IRS990/TotalAssetsEOYAmt0272156
IRS990/TotalAssetsGrp/BOYAmt0276117
IRS990/TotalAssetsGrp/EOYAmt0272156
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0301811
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301811
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019570
IRS990/TotalLiabilitiesEOYAmt022555
IRS990/TotalLiabilitiesGrp/BOYAmt019570
IRS990/TotalLiabilitiesGrp/EOYAmt022555
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0256547
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0249601
IRS990/TotalProgramServiceExpensesAmt0301811
IRS990/TotalProgramServiceRevenueAmt0293955
IRS990/TotalReportableCompFromOrgAmt079348
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0294865
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0294865
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0276117
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0272156
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt01667
IRS990/TravelGrp/TotalAmt01667
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0256547
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0249601
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jacqueline Graham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CIC Arms Inc
ReturnHeader/Filer/BusinessNameControlTxt0CICA
ReturnHeader/Filer/EIN0710467424
ReturnHeader/Filer/PhoneNum08702225276
ReturnHeader/Filer/USAddress/AddressLine1Txt0S Second Martin Drive
ReturnHeader/Filer/USAddress/CityNm0McGehee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071654
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Montgomery Firm CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 West Lynn Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mc Gehee

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.25$0.45$2.80$3.72$3.47$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.71$2.55$3.21$3.51$0.30
2022Detailed filing. Detailed filing data is available for this year.$3.56$0.70$2.85$3.35$3.46$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.90$0.93$2.97$3.45$3.22$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.19$0.46$2.73$3.71$3.29$0.43
2019Detailed filing. Detailed filing data is available for this year.$3.08$0.78$2.30$3.31$3.34$0.04
2018Detailed filing. Detailed filing data is available for this year.$3.36$1.02$2.34$3.14$3.05$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.23$2.26$2.97$3.21$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.23$2.50$2.95$3.02$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.76$0.20$2.57$2.96$2.90$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.72$0.22$2.50$3.17$3.29$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.12$2.70$2.92
2012Summary only. Only limited summary data is available for this year.$2.91$0.14$2.77$2.87$2.53$0.35
2011Summary only. Only limited summary data is available for this year.$2.55$0.13$2.42$3.12$2.67$0.45