Civic Intelligence

The Evangeline Foundation

990 • Fiscal year 2016 • EIN 72-0551167

Apr 01, 2015 to Mar 31, 2016 • Filed on Jun 30, 2016

3875 Line AveShreveport, LA 71106

(318) 831-1177

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

2.61x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

37th percentile

-0.9%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$5,610

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

26th percentile

-4.7%

Faster asset growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$674,367

Down $32,980 (-4.7%) from 2015

Net Assets

Down

-$177,391

Down $3,020 (-1.7%) from 2015

Liabilities

Down

$851,758

Down $29,960 (-3.4%) from 2015

Revenue

Up

$325,834

Up $42,799 (+15%) from 2015

Expenses

Up

$328,854

Up $12,669 (+4.0%) from 2015

Net Income

Up

-$3,020

Up $30,130 (+91%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2012: $819,844Liabilities 2012: $806,172Net Assets 2012: $13,6722012Assets 2013: $789,902Liabilities 2013: $779,864Net Assets 2013: $10,0382013Assets 2014: $774,650Liabilities 2014: $915,871Net Assets 2014: -$141,2212014Assets 2015: $707,347Liabilities 2015: $881,718Net Assets 2015: -$174,3712015Assets 2016: $674,367Liabilities 2016: $851,758Net Assets 2016: -$177,3912016Assets 2017: $637,590Liabilities 2017: $819,725Net Assets 2017: -$182,1352017Assets 2018: $595,253Liabilities 2018: $780,714Net Assets 2018: -$185,4612018Assets 2019: $567,515Liabilities 2019: $747,344Net Assets 2019: -$179,8292019Assets 2020: $526,369Liabilities 2020: $696,421Net Assets 2020: -$170,0522020Assets 2021: $519,883Liabilities 2021: $660,070Net Assets 2021: -$140,1872021Assets 2022: $510,807Liabilities 2022: $655,250Net Assets 2022: -$144,4432022

Highlighted filing

2016

Assets$674,367
Liabilities$851,758
Net Assets-$177,391

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $237,355Expenses 2012: $249,551Net Income 2012: -$12,1962012Expenses 2013: $287,1902013Revenue 2014: $285,184Expenses 2014: $275,623Net Income 2014: $9,5612014Revenue 2015: $283,035Expenses 2015: $316,185Net Income 2015: -$33,1502015Revenue 2016: $325,834Expenses 2016: $328,854Net Income 2016: -$3,0202016Revenue 2017: $351,584Expenses 2017: $356,328Net Income 2017: -$4,7442017Revenue 2018: $369,197Expenses 2018: $372,523Net Income 2018: -$3,3262018Revenue 2019: $396,086Expenses 2019: $390,454Net Income 2019: $5,6322019Revenue 2020: $363,152Expenses 2020: $353,375Net Income 2020: $9,7772020Revenue 2021: $360,478Expenses 2021: $330,613Net Income 2021: $29,8652021Revenue 2022: $379,145Expenses 2022: $383,401Net Income 2022: -$4,2562022

Highlighted filing

2016

Revenue$325,834
Expenses$328,854
Net Income-$3,020
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Jun 30, 2016
Return Version
2015v2.0
Gross Receipts
$325,834
Mission and Program Overview

Mission

To operate an affordable apartment complex exclusively for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$635,390$600,415▼ $34,975
Cash and Non-Interest-Bearing Accounts$67,884$69,030▲ $1,146
Loans From Officers Directors-$12,000-
Prepaid Expenses and Deferred Charges$3,123$3,532▲ $409
Accounts Receivable$950$1,390▲ $440
Savings and Temporary Cash Investments-$0-
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-
Total Assets$707,347$674,367▼ $32,980
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$856,469$813,934▼ $42,535
Other Liabilities$14,763$17,041▲ $2,278
Accounts Payable and Accrued Expenses$10,486$8,783▼ $1,703
Total Liabilities$881,718$851,758▼ $29,960
Net Assets / Fund Balance
Unrestricted Net Assets$-174,371$-177,391▼ $3,020
Total Net Assets Fund Balance$-174,371$-177,391▼ $3,020
Total Liabilities and Net Assets / Fund Balance$707,347$674,367▼ $32,980

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$364,294$1,077,916$1,442,210
Land$139,422-$139,422
Equipment$51,056$27,547$78,603
Other Land Buildings$18,096$56,296$74,392
Leasehold Improvements$27,547$2,682$30,229
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol PagaTreasurerPT$5,610$5,610

Board Members and Trustees

NameTitle
Clay NelsonTrustee
David NelsonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$318,374
Investment Income
$52
Other Revenue
$7,408
Change in Net Assets
$-3,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,158
Salaries, Compensation, and Employee Benefits$28,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$46,905--$46,905
Insurance$36,228--$36,228
Other Salaries and Wages$15,338$5,629-$20,967
Other Expenses$19,424$3,508-$19,424
Fees for Services Accounting-$17,580-$17,580
All Other Expenses$4,783$6,885-$11,668
Interest$8,321--$8,321
Current Officers, Directors, Trustees, and Key Employees-$5,610-$5,610
Payroll Taxes$2,119--$2,119
Total Functional Expenses$289,642$39,212$0$328,854
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
Loans from Officers, Directors, Trustees, and Key Employees-$12,000-
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$17,040
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Clay Nelson and David Nelson, Directors, are brothers.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Directors and Secretary-Treasurer review Form 990 by reading responses to questions on the returns to ensure they are correct. They compare income and expenses to those in the current independent audit.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization uses Appendix A form 1023 as its conflict of interest policy. Directors and Secretary-Treasurer annually affirm that the guidlines are being followed.

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

The compensation paid to the Secretary-Treasurer for bookeeping is based on the average hourly wage paid for bookkeeping on offices in the area. This amount is reviewed annually.

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

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Evangeline Foundation
EIN
72-0551167
Phone
3188311177
Address
3875 LINE AVE, SHREVEPORT, LA 71106

Signing Officer

Name
David Nelson
Title
Trustee
Signed
2016-06-30
Discuss with paid preparer
Yes

Organization Details

Formed
1961
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
Employees
7

Preparer

Firm
Johnson Perry Roussel & Cuthbert LLP
Address
3007 Armand Street, Monroe, LA 71201
Preparer
James J Cuthbert
Phone
3183225156
Supplemental Narrative

Additional Explanations

Form 990, Part IX Line 24E - Other expenses

Financing fees

Financial Statement Notes

Part X : FIN48 Footnote

Part X Line 2 Tenant security depositsPart XI Line 2d Rent free unit and tenant account receivable included in income.Audited financial statements are on accrual basis.Part XIII Line 2d Rent free unit and bad debts shown as expense. Audit is on accrual basis. Accrual of flexible subsidy interest and accounts payable increased expenses.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0275818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0279977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0283556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0228656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01386381
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0598
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07408
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07165
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05082
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08598
IRS990ScheduleA/OtherIncome509Grp/TotalAmt028253
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97960
IRS990ScheduleA/PublicSupportPY509Pct00.97960
IRS990ScheduleA/PublicSupportTotal509Amt01386381
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0318374
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0275818
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0279977
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0283556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0228656
IRS990ScheduleA/Total509Grp/TotalAmt01386381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0325834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0283035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0285184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0283724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0237455
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01415232
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0364294
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01077916
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01442210
IRS990ScheduleD/EquipmentGrp/BookValueAmt051056
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027547
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt078603
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0139422
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0139422
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt027547
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02682
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030229
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018096
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056296
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Part X Line 2 Tenant security depositsPart XI Line 2d Rent free unit and tenant account receivable included in income.Audited financial statements are on accrual basis.Part XIII Line 2d Rent free unit and bad debts shown as expense. Audit is on accrual basis. Accrual of flexible subsidy interest and accounts payable increased expenses.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600415
IRS990ScheduleD/TotalLiabilityAmt017041
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt012000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt012000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DAVID NELSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0TRUSTEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt012000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Clay Nelson and David Nelson, Directors, are brothers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Directors and Secretary-Treasurer review Form 990 by reading responses to questions on the returns to ensure they are correct. They compare income and expenses to those in the current independent audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization uses Appendix A form 1023 as its conflict of interest policy. Directors and Secretary-Treasurer annually affirm that the guidlines are being followed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation paid to the Secretary-Treasurer for bookeeping is based on the average hourly wage paid for bookkeeping on offices in the area. This amount is reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financing fees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX Line 24e - Other expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0707347
IRS990/TotalAssetsEOYAmt0674367
IRS990/TotalAssetsGrp/BOYAmt0707347
IRS990/TotalAssetsGrp/EOYAmt0674367
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039212
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0289642
IRS990/TotalFunctionalExpensesGrp/TotalAmt0328854
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0881718
IRS990/TotalLiabilitiesEOYAmt0851758
IRS990/TotalLiabilitiesGrp/BOYAmt0881718
IRS990/TotalLiabilitiesGrp/EOYAmt0851758
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-174371
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-177391
IRS990/TotalProgramServiceExpensesAmt0289642
IRS990/TotalProgramServiceRevenueAmt0318374
IRS990/TotalReportableCompFromOrgAmt05610
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0325834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325834
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0707347
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0674367
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-174371

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