Civic Intelligence

Levi Towers Inc.

990 • Fiscal year 2020 • EIN 71-0508917

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 16, 2021

Organization ProfileWWW.LEVITOWERS.COM
240 Prospect AvenueHot Springs, AR 71901

(501) 623-8419

Siviq Scores

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

Liabilities / Assets

95th percentile

1.17x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

3.14x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

6.9%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

1.5%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$3,099,528

Down $84,715 (-2.7%) from 2019

Net Assets

Up

-$528,504

Up $79,680 (+13%) from 2019

Liabilities

Down

$3,628,032

Down $164,395 (-4.3%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin53rd percentile

Revenue

Up

$1,155,957

Up $17,077 (+1.5%) from 2019

Expenses

Up

$1,076,277

Up $51,136 (+5.0%) from 2019

Net Income

Down

$79,680

Down $34,059 (-30%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $2,464,392Liabilities 2011: $3,294,912Net Assets 2011: -$830,5202011Assets 2012: $4,165,369Liabilities 2012: $4,996,244Net Assets 2012: -$830,8752012Assets 2013: $3,998,028Liabilities 2013: $4,855,468Net Assets 2013: -$857,4402013Assets 2014: $3,840,506Liabilities 2014: $4,719,602Net Assets 2014: -$879,0962014Assets 2015: $3,731,161Liabilities 2015: $4,584,159Net Assets 2015: -$852,9982015Assets 2016: $3,598,681Liabilities 2016: $4,434,022Net Assets 2016: -$835,3412016Assets 2017: $3,264,999Liabilities 2017: $4,087,079Net Assets 2017: -$822,0802017Assets 2018: $3,215,374Liabilities 2018: $3,937,297Net Assets 2018: -$721,9232018Assets 2019: $3,184,243Liabilities 2019: $3,792,427Net Assets 2019: -$608,1842019Assets 2020: $3,099,528Liabilities 2020: $3,628,032Net Assets 2020: -$528,5042020Assets 2021: $3,031,646Liabilities 2021: $3,458,810Net Assets 2021: -$427,1642021Assets 2022: $3,014,794Liabilities 2022: $3,291,303Net Assets 2022: -$276,5092022Assets 2023: $2,963,638Liabilities 2023: $3,142,365Net Assets 2023: -$178,7272023Assets 2024: $2,869,644Liabilities 2024: $2,919,383Net Assets 2024: -$49,7392024

Highlighted filing

2020

Assets$3,099,528
Liabilities$3,628,032
Net Assets-$528,504
Open 2020 Filing

Operations Trend

Revenue Growth51st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,053,392Expenses 2011: $913,678Net Income 2011: $139,7142011Expenses 2012: $1,029,5052012Expenses 2013: $1,060,6672013Revenue 2014: $1,044,975Expenses 2014: $1,066,631Net Income 2014: -$21,6562014Revenue 2015: $1,065,364Expenses 2015: $1,039,266Net Income 2015: $26,0982015Revenue 2016: $1,081,337Expenses 2016: $1,063,680Net Income 2016: $17,6572016Revenue 2017: $1,058,245Expenses 2017: $1,044,984Net Income 2017: $13,2612017Revenue 2018: $1,094,061Expenses 2018: $993,904Net Income 2018: $100,1572018Revenue 2019: $1,138,880Expenses 2019: $1,025,141Net Income 2019: $113,7392019Revenue 2020: $1,155,957Expenses 2020: $1,076,277Net Income 2020: $79,6802020Revenue 2021: $1,204,464Expenses 2021: $1,103,124Net Income 2021: $101,3402021Revenue 2022: $1,243,957Expenses 2022: $1,093,302Net Income 2022: $150,6552022Revenue 2023: $1,247,882Expenses 2023: $1,150,100Net Income 2023: $97,7822023Revenue 2024: $1,270,464Expenses 2024: $1,141,476Net Income 2024: $128,9882024

Highlighted filing

2020

Revenue$1,155,957
Expenses$1,076,277
Net Income$79,680
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 16, 2021
Return Version
2019v5.0
Gross Receipts
$1,155,957
Mission and Program Overview

Mission

Organization provides low income housing under hud section 8.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,525,350$1,356,899▼ $168,451
Cash and Non-Interest-Bearing Accounts$24,791$47,844▲ $23,053
Prepaid Expenses and Deferred Charges$32,750$34,614▲ $1,864
Total Assets$3,184,243$3,099,528▼ $84,715
Other Assets Total$1,601,352$1,660,171▲ $58,819
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,726,827$3,566,657▼ $160,170
Other Liabilities$29,003$29,215▲ $212
Accounts Payable and Accrued Expenses$34,201$28,689▼ $5,512
Deferred Revenue$2,396$3,471▲ $1,075
Total Liabilities$3,792,427$3,628,032▼ $164,395
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-608,184$-528,504▲ $79,680
Total Net Assets Fund Balance$-608,184$-528,504▲ $79,680
Total Liabilities and Net Assets / Fund Balance$3,184,243$3,099,528▼ $84,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,325,271$6,561,792$7,887,063
Land$31,628-$31,628
Other Assets Org$1,660,171--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Gary LaxPresident
Carolyn JohnsonDirector
David ReaglerDirector
Gail GreenbergDirector
Joyce CraftDirector
Mark FleischnerDirector
Millie StoyanovDirector
David WilsonProperty Man
Susan SiegelSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$813,933
Program Service Revenue
$332,538
Investment Income
$3,046
Other Revenue
$6,440
Change in Net Assets
$79,680

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,155,957
Total Revenue per Audited Statements
$1,155,957
Total Revenue per Form 990
$1,155,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$868,968
Salaries, Compensation, and Employee Benefits$207,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$202,173--$202,173
Other Salaries and Wages$73,214$102,159-$175,373
Occupancy$162,212--$162,212
Interest$123,075--$123,075
Insurance$64,219--$64,219
Fees for Services Management-$52,517-$52,517
Payroll Taxes$8,964$12,509-$21,473
Office Expenses-$17,044-$17,044
All Other Expenses$7,046$7,926-$14,972
Other Employee Benefits$4,368$6,095-$10,463
Fees for Services Accounting-$9,150-$9,150
Other Expenses$7,801$14,400-$7,801
Fees for Services Other-$4,980-$4,980
Advertising-$1,387-$1,387
Total Functional Expenses$848,110$228,167$0$1,076,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,076,277
Total Expenses per Audited Statements$1,076,277
Total Expenses per Form 990$1,076,277
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
Tenant Security Deposits$29,215
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Managagement company performed all functions necessary to operate levi tow ers, inc.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available by management company upon request.”

Filing and Contact Details

Filer

Filer Name
Levi Towers Inc
EIN
71-0508917
Phone
5016238419
Address
240 PROSPECT AVENUE, HOT SPRINGS, AR 71901

Signing Officer

Name
David Wilson
Title
Property Manager
Phone
5016238419
Signed
2021-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Lax
Legal Domicile
Ar
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Crass & Smith Pa
Address
835 CENTRAL AVE STE 511, HOT SPRINGS, AR 71901-5310
Preparer
John a Pratt
Phone
5016241333
Raw XML Appendix377 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt034201
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028689
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ORGANIZATION PROVIDES LOW INCOME HOUSING UNDER HUD SECTION 8.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01387
IRS990/AdvertisingGrp/TotalAmt01387
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07926
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07046
IRS990/AllOtherExpensesGrp/TotalAmt014972
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0TOWER MANAGEMENT LLC
IRS990/BooksInCareOfDetail/PhoneNum05016223199
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01910 ALBERT PIKE SUITE I
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOT SPRINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071913
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt024791
IRS990/CashNonInterestBearingGrp/EOYAmt047844
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0813933
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03046
IRS990/CYOtherExpensesAmt0868968
IRS990/CYOtherRevenueAmt06440
IRS990/CYProgramServiceRevenueAmt0332538
IRS990/CYRevenuesLessExpensesAmt079680
IRS990/CYSalariesCompEmpBnftPaidAmt0207309
IRS990/CYTotalExpensesAmt01076277
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01155957
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02396
IRS990/DeferredRevenueGrp/EOYAmt03471
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0202173
IRS990/DepreciationDepletionGrp/TotalAmt0202173
IRS990/Desc0ORGANIZATION PROVIDES LOW INCOME HOUSING TO THE ELDERLY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0848110
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09150
IRS990/FeesForServicesAccountingGrp/TotalAmt09150
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt052517
IRS990/FeesForServicesManagementGrp/TotalAmt052517
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04980
IRS990/FeesForServicesOtherGrp/TotalAmt04980
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JOYCE CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK FLEISCHNER
IRS990/Form990PartVIISectionAGrp/PersonNm2GAIL GREENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm3CAROLYN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY LAX
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID REAGLER
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN SIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm7MILLIE STOYANOV
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID WILSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PROPERTY MAN
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0813933
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01155957
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt064219
IRS990/InsuranceGrp/TotalAmt064219
IRS990/InterestGrp/ProgramServicesAmt0123075
IRS990/InterestGrp/TotalAmt0123075
IRS990/InvestmentIncomeGrp/ExclusionAmt03046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03046
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06561792
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01525350
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01356899
IRS990/LandBldgEquipCostOrOtherBssAmt07918691
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ORGANIZATION PROVIDES LOW INCOME HOUSING UNDER HUD SECTION 8.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03726827
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03566657
IRS990/NetAssetsOrFundBalancesBOYAmt0-608184
IRS990/NetAssetsOrFundBalancesEOYAmt0-528504
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-608184
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-528504
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0162212
IRS990/OccupancyGrp/TotalAmt0162212
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017044
IRS990/OfficeExpensesGrp/TotalAmt017044
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01601352
IRS990/OtherAssetsTotalGrp/EOYAmt01660171
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06095
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04368
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010463
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SECURITY
IRS990/OtherExpensesGrp/Desc2BOOKKEEPING FEE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014400
IRS990/OtherExpensesGrp/ProgramServicesAmt0123618
IRS990/OtherExpensesGrp/ProgramServicesAmt171420
IRS990/OtherExpensesGrp/ProgramServicesAmt27801
IRS990/OtherExpensesGrp/TotalAmt0123618
IRS990/OtherExpensesGrp/TotalAmt171420
IRS990/OtherExpensesGrp/TotalAmt214400
IRS990/OtherExpensesGrp/TotalAmt37801
IRS990/OtherLiabilitiesGrp/BOYAmt029003
IRS990/OtherLiabilitiesGrp/EOYAmt029215
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04083
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12357
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04083
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12357
IRS990/OtherRevenueTotalAmt06440
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102159
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073214
IRS990/OtherSalariesAndWagesGrp/TotalAmt0175373
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012509
IRS990/PayrollTaxesGrp/ProgramServicesAmt08964
IRS990/PayrollTaxesGrp/TotalAmt021473
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034614
IRS990/PrincipalOfficerNm0GARY LAX
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE - TENANT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0332538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0332538
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0801974
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04955
IRS990/PYOtherExpensesAmt0843105
IRS990/PYOtherRevenueAmt02684
IRS990/PYProgramServiceRevenueAmt0329267
IRS990/PYRevenuesLessExpensesAmt0113739
IRS990/PYSalariesCompEmpBnftPaidAmt0182036
IRS990/PYTotalExpensesAmt01025141
IRS990/PYTotalRevenueAmt01138880
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt079680
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0813933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0801974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0763744
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0739491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0749230
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03868372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04955
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08001
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0670929
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99790
IRS990ScheduleA/PublicSupportPY170Pct00.99840
IRS990ScheduleA/PublicSupportTotal170Amt03868372
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0813933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0801974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0763744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0739491
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0749230
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03868372
IRS990ScheduleA/TotalSupportAmt03876373
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01325271
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06561792
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07887063
IRS990ScheduleD/ExpensesSubtotalAmt01076277
IRS990ScheduleD/LandGrp/BookValueAmt031628
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031628
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01660171
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01155957
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01356899
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01660171
IRS990ScheduleD/TotalExpensesPerForm990Amt01076277
IRS990ScheduleD/TotalLiabilityAmt029215
IRS990ScheduleD/TotalRevenuePerForm990Amt01155957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01155957
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01076277
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGAGEMENT COMPANY PERFORMED ALL FUNCTIONS NECESSARY TO OPERATE LEVI TOW ERS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE BY MANAGEMENT COMPANY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03184243
IRS990/TotalAssetsEOYAmt03099528
IRS990/TotalAssetsGrp/BOYAmt03184243
IRS990/TotalAssetsGrp/EOYAmt03099528
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0813933
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228167
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0848110
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03792427
IRS990/TotalLiabilitiesEOYAmt03628032
IRS990/TotalLiabilitiesGrp/BOYAmt03792427
IRS990/TotalLiabilitiesGrp/EOYAmt03628032
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-608184
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-528504
IRS990/TotalProgramServiceExpensesAmt0848110
IRS990/TotalProgramServiceRevenueAmt0332538
IRS990/TotalRevenueGrp/ExclusionAmt03046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0338978
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01155957
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03184243
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03099528
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 638
IRS990/USAddress/CityNm0HOT SPRINGS
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd071902
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PROPERTY MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum05016238419
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEVI TOWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEVI
ReturnHeader/Filer/EIN0710508917
ReturnHeader/Filer/PhoneNum05016238419
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 PROSPECT AVENUE
ReturnHeader/Filer/USAddress/CityNm0HOT SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710615665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRASS & SMITH PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0835 CENTRAL AVE STE 511
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOT SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0719015310
ReturnHeader/PreparerPersonGrp/PhoneNum05016241333
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A PRATT
ReturnHeader/ReturnTs02021-08-16T18:26:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,099,528
Liabilities
$3,628,032
Net assets
-$528,504
Revenue
$1,155,957
Expenses
$1,076,277
Net income
$79,680
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$2.92$0.05$1.27$1.14$0.13
2023Summary only. Only limited summary data is available for this year.$2.96$3.14$0.18$1.25$1.15$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$3.29$0.28$1.24$1.09$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$3.46$0.43$1.20$1.10$0.10
2020Detailed filing. Detailed filing data is available for this year.$3.10$3.63$0.53$1.16$1.08$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$3.79$0.61$1.14$1.03$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$3.94$0.72$1.09$0.99$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$4.09$0.82$1.06$1.04$0.01
2016Summary only. Only limited summary data is available for this year.$3.60$4.43$0.84$1.08$1.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.73$4.58$0.85$1.07$1.04$0.03
2014Summary only. Only limited summary data is available for this year.$3.84$4.72$0.88$1.04$1.07$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$4.86$0.86$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$5.00$0.83$1.03
2011Summary only. Only limited summary data is available for this year.$2.46$3.29$0.83$1.05$0.91$0.14