Civic Intelligence

The Evangeline Foundation

990 • Fiscal year 2020 • EIN 72-0551167

Apr 01, 2019 to Mar 31, 2020 • Filed on Jul 10, 2020

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

96th percentile

1.32x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

1.92x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

43rd percentile

2.7%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

15th percentile

-7.3%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

40th percentile

-8.3%

Faster revenue growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$526,369

Down $41,146 (-7.3%) from 2019

Net Assets

Up

-$170,052

Up $9,777 (+5.4%) from 2019

Liabilities

Down

$696,421

Down $50,923 (-6.8%) from 2019

Revenue

Down

$363,152

Down $32,934 (-8.3%) from 2019

Expenses

Down

$353,375

Down $37,079 (-9.5%) from 2019

Net Income

Up

$9,777

Up $4,145 (+74%) from 2019

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

2020

Assets$526,369
Liabilities$696,421
Net Assets-$170,052

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

2020

Revenue$363,152
Expenses$353,375
Net Income$9,777
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jul 10, 2020
Return Version
2019v5.0
Gross Receipts
$363,152
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$493,988$456,529▼ $37,459
Loans From Officers Directors$5,500$5,500→ $0
Prepaid Expenses and Deferred Charges$3,113$2,410▼ $703
Cash and Non-Interest-Bearing Accounts$149$303▲ $154
Accounts Receivable$3,553$122▼ $3,431
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$567,515$526,369▼ $41,146
Other Assets Total$66,712$67,005▲ $293
Liabilities
Mortgage Notes Payable Secured by Investment Property$691,588$655,756▼ $35,832
Other Liabilities$24,634$24,342▼ $292
Accounts Payable and Accrued Expenses$25,622$10,823▼ $14,799
Total Liabilities$747,344$696,421▼ $50,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-179,829$-170,052▲ $9,777
Total Net Assets Fund Balance$-179,829$-170,052▲ $9,777
Total Liabilities and Net Assets / Fund Balance$567,515$526,369▼ $41,146

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$256,021$1,195,717$1,451,738
Land$139,422-$139,422
Other Land Buildings$40,424$67,355$107,779
Equipment$4,818$73,785$78,603
Leasehold Improvements$15,844$14,385$30,229
Other Assets Org$23,083--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clay NelsonTrustee
David NelsonTrustee
Carol PagaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$351,512
Investment Income
$129
Other Revenue
$11,511
Change in Net Assets
$9,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,691
Salaries, Compensation, and Employee Benefits$36,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$45,449--$45,449
Insurance$36,269--$36,269
Other Salaries and Wages$18,765$15,305-$34,070
Fees for Services Accounting-$23,944-$23,944
All Other Expenses$10,217$8,309-$18,526
Other Expenses$5,885$3,537-$9,422
Interest$6,549--$6,549
Payroll Taxes$2,614--$2,614
Fees for Services Legal-$397-$397
Total Functional Expenses$301,883$51,492$0$353,375
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$5,500$5,500→ $0
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$23,076
Prepaid Rent$1,266
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 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
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
2020-07-10
Discuss with paid preparer
Yes

Organization Details

Formed
1961
Legal Domicile
La
Voting Board Members
3
Independent Board Members
3
Employees
2

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

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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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0363685
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0362116
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0346106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0318374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01741793
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0386
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt011511
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt032286
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07034
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08083
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07408
IRS990ScheduleA/OtherIncome509Grp/TotalAmt066322
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96310
IRS990ScheduleA/PublicSupportPY509Pct00.96400
IRS990ScheduleA/PublicSupportTotal509Amt01741793
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0351512
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0363685
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0362116
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0346106
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0318374
IRS990ScheduleA/Total509Grp/TotalAmt01741793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0363149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0396086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0369197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0354235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0325834
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01808501
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0256021
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01195717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01451738
IRS990ScheduleD/EquipmentGrp/BookValueAmt04818
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073785
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt078603
IRS990ScheduleD/LandGrp/BookValueAmt0139422
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0139422
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015844
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014385
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030229
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043922
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt123083
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND FUNDED RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040424
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt067355
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0107779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123076
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0456529
IRS990ScheduleD/TotalBookValueOtherAssetsAmt067005
IRS990ScheduleD/TotalLiabilityAmt024342
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05500
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/TotalBalanceDueAmt05500
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0567515
IRS990/TotalAssetsEOYAmt0526369
IRS990/TotalAssetsGrp/BOYAmt0567515
IRS990/TotalAssetsGrp/EOYAmt0526369
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051492
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0301883
IRS990/TotalFunctionalExpensesGrp/TotalAmt0353375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0747344
IRS990/TotalLiabilitiesEOYAmt0696421
IRS990/TotalLiabilitiesGrp/BOYAmt0747344
IRS990/TotalLiabilitiesGrp/EOYAmt0696421
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-179829
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-170052
IRS990/TotalProgramServiceExpensesAmt0301883
IRS990/TotalProgramServiceRevenueAmt0351512
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0363152
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0363152
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0567515
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0526369
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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