Civic Intelligence

CIC Arms Inc

990 • Fiscal year 2018 • EIN 71-0467424

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 07, 2018

Organization ProfileN/A
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

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.33x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

49th percentile

2.6%

Higher net margin than 49% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

97th percentile

$67,339

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

87th percentile

35%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

5.5%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$336,165

Up $86,867 (+35%) from 2017

Net Assets

Up

$234,176

Up $8,221 (+3.6%) from 2017

Liabilities

Up

$101,989

Up $78,646 (+337%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin49th percentile

Revenue

Up

$313,569

Up $16,236 (+5.5%) from 2017

Expenses

Down

$305,348

Down $15,632 (-4.9%) from 2017

Net Income

Up

$8,221

Up $31,868 (+135%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

2018

Assets$336,165
Liabilities$101,989
Net Assets$234,176
Open 2018 Filing

Operations Trend

Revenue Growth62nd percentile

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

2018

Revenue$313,569
Expenses$305,348
Net Income$8,221
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 7, 2018
Return Version
2017v2.2
Gross Receipts
$313,569
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$140,708$217,971▲ $77,263
Savings and Temporary Cash Investments$83,540$86,497▲ $2,957
Cash and Non-Interest-Bearing Accounts$23,698$30,897▲ $7,199
Accounts Receivable$551$0▼ $551
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$249,298$336,165▲ $86,867
Other Assets Total$801$800▼ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property-$67,435-
Accounts Payable and Accrued Expenses$14,815$24,883▲ $10,068
Other Liabilities$8,528$9,671▲ $1,143
Total Liabilities$23,343$101,989▲ $78,646
Net Assets / Fund Balance
Unrestricted Net Assets$225,955$234,176▲ $8,221
Total Net Assets Fund Balance$225,955$234,176▲ $8,221
Total Liabilities and Net Assets / Fund Balance$249,298$336,165▲ $86,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,306$631,555$637,861
Leasehold Improvements$164,805$60,980$225,785
Other Land Buildings$29,058$135,551$164,609
Equipment$1,881$14,240$16,121
Land$15,921-$15,921
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jacqueline GrahamManagerFT$67,339$67,339
LC WilliamsVice President-$4,650$4,650
Doris GloverSecretary-$2,818$2,818
John EllisDirector-$2,818$2,818
Karline MitchellDirector-$2,050$2,050
Betty RhodesAsst. Secretary-$1,900$1,900
Bennie LeePresident-$1,450$1,450
Helen WashingtonDirector-$750$750
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$313,105
Investment Income
$464
Other Revenue
$0
Change in Net Assets
$8,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$170,800
Other Expenses$134,548
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$83,775--$83,775
Other Salaries and Wages$72,209--$72,209
Depreciation Depletion$12,980--$12,980
Payroll Taxes$11,333--$11,333
Other Expenses$6,192--$6,192
All Other Expenses$5,272--$5,272
Fees for Service Investment Mgmnt Fees$4,949--$4,949
Fees for Services Accounting$3,802--$3,802
Office Expenses$3,509--$3,509
Other Employee Benefits$3,483--$3,483
Insurance$2,816--$2,816
Conferences and Meetings$1,580--$1,580
Interest$958--$958
Fees for Services Management$799--$799
Advertising$186--$186
Total Functional Expenses$305,348$0$0$305,348
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
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$9,671
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
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
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Ar
Voting Board Members
6
Independent Board Members
6
Employees
7

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Stephen N Montgomery
Phone
8702226005
Raw XML Appendix390 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/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1Rents collected
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0249454
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0249454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163651
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0460
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0170319
IRS990/PYProgramServiceRevenueAmt0296873
IRS990/PYRevenuesLessExpensesAmt0-23647
IRS990/PYSalariesCompEmpBnftPaidAmt0150661
IRS990/PYTotalExpensesAmt0320980
IRS990/PYTotalRevenueAmt0297333
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08221
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt083540
IRS990/SavingsAndTempCashInvstGrp/EOYAmt086497
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06306
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0631555
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0637861
IRS990ScheduleD/EquipmentGrp/BookValueAmt01881
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014240
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016121
IRS990ScheduleD/LandGrp/BookValueAmt015921
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015921
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0164805
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt060980
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0225785
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029058
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0135551
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0164609
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09671
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0217971
IRS990ScheduleD/TotalLiabilityAmt09671
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/TotalAssetsBOYAmt0249298
IRS990/TotalAssetsEOYAmt0336165
IRS990/TotalAssetsGrp/BOYAmt0249298
IRS990/TotalAssetsGrp/EOYAmt0336165
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0305348
IRS990/TotalFunctionalExpensesGrp/TotalAmt0305348
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023343
IRS990/TotalLiabilitiesEOYAmt0101989
IRS990/TotalLiabilitiesGrp/BOYAmt023343
IRS990/TotalLiabilitiesGrp/EOYAmt0101989
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0225955
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0234176
IRS990/TotalProgramServiceExpensesAmt0305348
IRS990/TotalProgramServiceRevenueAmt0313105
IRS990/TotalReportableCompFromOrgAmt083775
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0313569
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0313569
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0249298
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0336165
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0225955
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0234176
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jacqueline Graham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-07
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/PreparerFirmEIN0710765675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Montgomery Firm CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 West Lynn Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mc Gehee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071654
ReturnHeader/PreparerPersonGrp/PhoneNum08702226005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen N Montgomery
ReturnHeader/ReturnTs02018-11-07T12:41:16-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$336,165
Liabilities
$101,989
Net assets
$234,176
Revenue
$313,569
Expenses
$305,348
Net income
$8,221
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