Civic Intelligence

Lakeside Gardens Inc

990 • Fiscal year 2018 • EIN 72-0694204

Jun 01, 2017 to May 31, 2018 • Filed on Sep 04, 2018

Organization Profile
2440 Carrie AveShreveport, LA 71103-3528

(318) 222-5138

Siviq Scores

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

Liabilities / Assets

99th percentile

3.27x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

2.56x

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

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Net Margin

45th percentile

3.6%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Asset Growth

43rd percentile

-0.3%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

4.9%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$510,494

Down $1,743 (-0.3%) from 2017

Net Assets

Up

-$1,161,284

Up $23,220 (+2.0%) from 2017

Liabilities

Down

$1,671,778

Down $24,963 (-1.5%) from 2017

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin45th percentile

Revenue

Up

$653,200

Up $30,790 (+4.9%) from 2017

Expenses

Down

$629,980

Down $60,887 (-8.8%) from 2017

Net Income

Up

$23,220

Up $91,677 (+134%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $971,571Liabilities 2011: $1,870,556Net Assets 2011: -$898,9852011Assets 2012: $878,779Liabilities 2012: $1,878,765Net Assets 2012: -$999,9862012Assets 2013: $766,486Liabilities 2013: $1,855,674Net Assets 2013: -$1,089,1882013Assets 2014: $689,365Liabilities 2014: $1,807,701Net Assets 2014: -$1,118,3362014Assets 2015: $702,373Liabilities 2015: $1,752,812Net Assets 2015: -$1,050,4392015Assets 2016: $598,216Liabilities 2016: $1,714,263Net Assets 2016: -$1,116,0472016Assets 2017: $512,237Liabilities 2017: $1,696,741Net Assets 2017: -$1,184,5042017Assets 2018: $510,494Liabilities 2018: $1,671,778Net Assets 2018: -$1,161,2842018Assets 2019: $531,925Liabilities 2019: $1,669,693Net Assets 2019: -$1,137,7682019Assets 2020: $482,798Liabilities 2020: $1,634,937Net Assets 2020: -$1,152,1392020Assets 2021: $417,771Liabilities 2021: $1,577,968Net Assets 2021: -$1,160,1972021Assets 2022: $410,859Liabilities 2022: $1,597,128Net Assets 2022: -$1,186,2692022Assets 2023: $358,606Liabilities 2023: $1,563,348Net Assets 2023: -$1,204,7422023Assets 2024: $400,068Liabilities 2024: $1,580,900Net Assets 2024: -$1,180,8322024

Highlighted filing

2018

Assets$510,494
Liabilities$1,671,778
Net Assets-$1,161,284
Open 2018 Filing

Operations Trend

Revenue Growth57th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $577,183Expenses 2011: $636,535Net Income 2011: -$59,3522011Expenses 2012: $675,6102012Revenue 2013: $584,063Expenses 2013: $673,265Net Income 2013: -$89,2022013Revenue 2014: $623,033Expenses 2014: $652,181Net Income 2014: -$29,1482014Revenue 2015: $644,373Expenses 2015: $576,525Net Income 2015: $67,8482015Revenue 2016: $637,741Expenses 2016: $703,352Net Income 2016: -$65,6112016Revenue 2017: $622,410Expenses 2017: $690,867Net Income 2017: -$68,4572017Revenue 2018: $653,200Expenses 2018: $629,980Net Income 2018: $23,2202018Revenue 2019: $658,499Expenses 2019: $634,983Net Income 2019: $23,5162019Revenue 2020: $636,882Expenses 2020: $651,253Net Income 2020: -$14,3712020Revenue 2021: $640,239Expenses 2021: $648,297Net Income 2021: -$8,0582021Revenue 2022: $659,132Expenses 2022: $685,204Net Income 2022: -$26,0722022Revenue 2023: $684,242Expenses 2023: $702,715Net Income 2023: -$18,4732023Revenue 2024: $713,457Expenses 2024: $689,547Net Income 2024: $23,9102024

Highlighted filing

2018

Revenue$653,200
Expenses$629,980
Net Income$23,220
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Sep 4, 2018
Return Version
2017v2.3
Gross Receipts
$653,200
Mission and Program Overview

Mission

Owning and operating an apartment complex containing 88 units for the benefit of low and moderate income families under HUD supervision and Section 202 of the Housing Act of 1959.

Owning and operating an apartment complex providing suitable housing for low and moderate income families accordance with Section 202 and Section 8 HUD guidelines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$332,211$329,793▼ $2,418
Prepaid Expenses and Deferred Charges$18,565$17,961▼ $604
Cash and Non-Interest-Bearing Accounts$9,060$15,797▲ $6,737
Total Assets$512,237$510,494▼ $1,743
Other Assets Total$152,401$146,943▼ $5,458
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,658,992$1,624,957▼ $34,035
Accounts Payable and Accrued Expenses$23,396$33,463▲ $10,067
Other Liabilities$14,353$13,358▼ $995
Total Liabilities$1,696,741$1,671,778▼ $24,963
Net Assets / Fund Balance
Unrestricted Net Assets$-1,184,504$-1,161,284▲ $23,220
Total Net Assets Fund Balance$-1,184,504$-1,161,284▲ $23,220
Total Liabilities and Net Assets / Fund Balance$512,237$510,494▼ $1,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$260,581$3,176,529$3,437,110
Land$69,212-$69,212
Other Assets Org$25,248--
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Lula BrooksPresident
Alan WarrenV-President
Geneva E MooreDirector
Jimmie JacksonDirector
Neva JonesSec/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$652,543
Investment Income
$21
Other Revenue
$636
Change in Net Assets
$23,220

Audited Revenue Reconciliation

Revenue per Audited Statements
$653,200
Total Revenue per Audited Statements
$653,200
Total Revenue per Form 990
$653,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,505
Salaries, Compensation, and Employee Benefits$181,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,589--$167,589
Other Expenses$155,858--$155,858
Depreciation Depletion$57,450--$57,450
Fees for Services Management$42,528--$42,528
Insurance$38,967--$38,967
Office Expenses$17,610--$17,610
Interest$15,965--$15,965
Fees for Services Other$9,170--$9,170
Payroll Taxes$7,318--$7,318
Other Employee Benefits$6,568--$6,568
Advertising$944--$944
Fees for Services Legal$480--$480
Total Functional Expenses$629,980$0$0$629,980

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$629,980
Total Expenses per Audited Statements$629,980
Total Expenses per Form 990$629,980
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$13,358
Tenant Security Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
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, Part VI, Section B, Line 11

“The 990 with all attachments along with the full financial statements are available to the board of directors at the office prior to issuance as well as the property managers office along with the auditors office.”

Form 990, Part VI, Section B, Line 12

“This is handled by the HUD approved managing agent.”

Form 990, Part VI, Section C, Line 19

“Public inspection copies are available at the project office for inspection. They are also available for copies with a nominal copy, mailing and handling fee.”

Filing and Contact Details

Filer

Filer Name
Lakeside Gardens Inc
EIN
72-0694204
Phone
3182225138
Address
2440 CARRIE AVE, SHREVEPORT, LA 71103-3528

Signing Officer

Name
Lula Brooks
Title
President
Signed
2018-09-04
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
Judy E Moncrief CPA LLC
Address
P O BOX 5907, SHREVEPORT, LA 71135
Preparer
Judy E Moncrief CPA
Phone
3186831002
Raw XML Appendix355 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/BOYAmt023396
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033463
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Owning and operating an apartment complex providing suitable housing for low and moderate income families accordance with Section 202 and Section 8 HUD guidelines.
IRS990/AdvertisingGrp/ProgramServicesAmt0944
IRS990/AdvertisingGrp/TotalAmt0944
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRACE PROPERTIES
IRS990/BooksInCareOfDetail/PhoneNum03188282280
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02440 CARRIE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SHREVEPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0711033528
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09060
IRS990/CashNonInterestBearingGrp/EOYAmt015797
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt021
IRS990/CYOtherExpensesAmt0448505
IRS990/CYOtherRevenueAmt0636
IRS990/CYProgramServiceRevenueAmt0652543
IRS990/CYRevenuesLessExpensesAmt023220
IRS990/CYSalariesCompEmpBnftPaidAmt0181475
IRS990/CYTotalExpensesAmt0629980
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0653200
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt057450
IRS990/DepreciationDepletionGrp/TotalAmt057450
IRS990/Desc0Lakeside Gardens Apartments, Inc.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0629980
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0480
IRS990/FeesForServicesLegalGrp/TotalAmt0480
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt042528
IRS990/FeesForServicesManagementGrp/TotalAmt042528
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09170
IRS990/FeesForServicesOtherGrp/TotalAmt09170
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0Lula Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm1Alan Warren
IRS990/Form990PartVIISectionAGrp/PersonNm2Geneva E Moore
IRS990/Form990PartVIISectionAGrp/PersonNm3Jimmie Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm4Neva Jones
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1V-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Sec/Treas
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0653200
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt038967
IRS990/InsuranceGrp/TotalAmt038967
IRS990/InterestGrp/ProgramServicesAmt015965
IRS990/InterestGrp/TotalAmt015965
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt021
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03176529
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0332211
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0329793
IRS990/LandBldgEquipCostOrOtherBssAmt03506322
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Owning and operating an apartment complex containing 88 units for the benefit of low and moderate income families under HUD supervision and Section 202 of the Housing Act of 1959.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01658992
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01624957
IRS990/NetAssetsOrFundBalancesBOYAmt0-1184504
IRS990/NetAssetsOrFundBalancesEOYAmt0-1161284
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt017610
IRS990/OfficeExpensesGrp/TotalAmt017610
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0152401
IRS990/OtherAssetsTotalGrp/EOYAmt0146943
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06568
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06568
IRS990/OtherExpensesGrp/Desc0Miscellaneous Administrative
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Maintenance
IRS990/OtherExpensesGrp/ProgramServicesAmt04467
IRS990/OtherExpensesGrp/ProgramServicesAmt1105066
IRS990/OtherExpensesGrp/ProgramServicesAmt2155858
IRS990/OtherExpensesGrp/TotalAmt04467
IRS990/OtherExpensesGrp/TotalAmt1105066
IRS990/OtherExpensesGrp/TotalAmt2155858
IRS990/OtherLiabilitiesGrp/BOYAmt014353
IRS990/OtherLiabilitiesGrp/EOYAmt013358
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0Laundry and Vending
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0636
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0636
IRS990/OtherRevenueTotalAmt0636
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0167589
IRS990/OtherSalariesAndWagesGrp/TotalAmt0167589
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07318
IRS990/PayrollTaxesGrp/TotalAmt07318
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018565
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017961
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0LULA BROOKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Apartment Rentals
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0652543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0652543
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt034
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0499769
IRS990/PYOtherRevenueAmt0600
IRS990/PYProgramServiceRevenueAmt0621776
IRS990/PYRevenuesLessExpensesAmt0-68457
IRS990/PYSalariesCompEmpBnftPaidAmt0191098
IRS990/PYTotalExpensesAmt0690867
IRS990/PYTotalRevenueAmt0622410
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt023220
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0653200
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0260581
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03176529
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03437110
IRS990ScheduleD/ExpensesSubtotalAmt0629980
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt069212
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt069212
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0107588
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112227
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21880
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt325248
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013358
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0653200
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0329793
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0146943
IRS990ScheduleD/TotalExpensesPerForm990Amt0629980
IRS990ScheduleD/TotalLiabilityAmt013358
IRS990ScheduleD/TotalRevenuePerForm990Amt0653200
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0653200
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0629980
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 with all attachments along with the full financial statements are available to the board of directors at the office prior to issuance as well as the property managers office along with the auditors office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This is handled by the HUD approved managing agent.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Public inspection copies are available at the project office for inspection. They are also available for copies with a nominal copy, mailing and handling fee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0512237
IRS990/TotalAssetsEOYAmt0510494
IRS990/TotalAssetsGrp/BOYAmt0512237
IRS990/TotalAssetsGrp/EOYAmt0510494
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0629980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0629980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01696741
IRS990/TotalLiabilitiesEOYAmt01671778
IRS990/TotalLiabilitiesGrp/BOYAmt01696741
IRS990/TotalLiabilitiesGrp/EOYAmt01671778
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1184504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1161284
IRS990/TotalProgramServiceExpensesAmt0629980
IRS990/TotalProgramServiceRevenueAmt0652543
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0653200
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0653200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0512237
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0510494
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1184504
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1161284
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02440 CARRIE AVENUE
IRS990/USAddress/CityNm0SHREVEPORT
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd0711033528
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LULA BROOKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKESIDE GARDENS INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0720694204
ReturnHeader/Filer/PhoneNum03182225138
ReturnHeader/Filer/USAddress/AddressLine1Txt02440 CARRIE AVE
ReturnHeader/Filer/USAddress/CityNm0SHREVEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd0711033528
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DCBAB473F3E6A5D0AFDB063C375873EB9C0B942F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DCBAB473F3E6A5D0AFDB063C375873EB9C0B942F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt045.20.186.229
ReturnHeader/FilingSecurityInformation/IPDt02018-09-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:42:17
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JUDY E MONCRIEF CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 5907
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHREVEPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071135
ReturnHeader/PreparerPersonGrp/PhoneNum03186831002
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUDY E MONCRIEF CPA
ReturnHeader/ReturnTs02018-09-04T05:00:58-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-06-01
ReturnHeader/TaxPeriodEndDt02018-05-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$510,494
Liabilities
$1,671,778
Net assets
-$1,161,284
Revenue
$653,200
Expenses
$629,980
Net income
$23,220
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.40$1.58$1.18$0.71$0.69$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.36$1.56$1.20$0.68$0.70$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.41$1.60$1.19$0.66$0.69$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.42$1.58$1.16$0.64$0.65$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.48$1.63$1.15$0.64$0.65$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.53$1.67$1.14$0.66$0.63$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.51$1.67$1.16$0.65$0.63$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.51$1.70$1.18$0.62$0.69$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.60$1.71$1.12$0.64$0.70$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.70$1.75$1.05$0.64$0.58$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.69$1.81$1.12$0.62$0.65$0.03
2013Summary only. Only limited summary data is available for this year.$0.77$1.86$1.09$0.58$0.67$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.88$1.00$0.68
2011Summary only. Only limited summary data is available for this year.$0.97$1.87$0.90$0.58$0.64$0.06