Civic Intelligence

Peace Lake Towers Inc.

990EZ • Fiscal year 2018 • EIN 72-0860023

Apr 01, 2017 to Mar 31, 2018 • Filed on Jan 10, 2019

Organization ProfileN/A
PO Box 140767Austin, TX 78714

(512) 459-1000

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,978,365 (-100%) from 2017

Net Assets

Down

$0

Down $1,978,365 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2017

Expenses

Up

$1,978,365

Up $1,978,365 from 2017

Net Income

Down

-$1,978,365

Down $1,978,365 from 2017

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,722,083Liabilities 2010: $5,601Net Assets 2010: $3,716,4822010Assets 2011: $4,129,478Liabilities 2011: $1,560Net Assets 2011: $4,127,9182011Assets 2012: $4,196,203Liabilities 2012: $25,076Net Assets 2012: $4,171,1272012Assets 2013: $1,799,616Liabilities 2013: $1,560Net Assets 2013: $1,798,0562013Assets 2014: $1,987,421Liabilities 2014: $1,560Net Assets 2014: $1,985,8612014Assets 2015: $2,030,031Liabilities 2015: $3,310Net Assets 2015: $2,026,7212015Assets 2016: $1,960,257Liabilities 2016: $3,550Net Assets 2016: $1,956,7072016Assets 2017: $1,978,365Liabilities 2017: $0Net Assets 2017: $1,978,3652017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $38,6162010Expenses 2011: $28,8822011Expenses 2012: $54,9072012Expenses 2013: $2,625,8892013Revenue 2014: $202,002Expenses 2014: $2,221Net Income 2014: $199,7812014Revenue 2015: $131,253Expenses 2015: $1,796Net Income 2015: $129,4572015Revenue 2016: $102,602Expenses 2016: $1,800Net Income 2016: $100,8022016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $1,978,365Net Income 2018: -$1,978,3652018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2018

Revenue$0
Expenses$1,978,365
Net Income-$1,978,365
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Jan 10, 2019
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

To provide help, healing and hope in the name of jesus christ.

Program Services

DescriptionGrantsExpenses
PROVIDED ASSISTANCE FOR THE ELDERLY AND HANDICAPPED VIA CONTRIBUTIONS AND GRANTS.$1,978,365$1,978,365
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLYNN BLOOMQUISTVice Chair-$0--
SIGMUND CORNELIUSChair-$0--
BILLY DYERBoard Member-$0--
MARK ETHEREDGEBoard Member-$0--
WOOD FRANKLINSecretary-$0--
REV EMMANUEL JACKSONBoard Member-$0--
TERRY KIESCHNICKBoard Member-$0--
REV MICHAEL NEWMANBoard Member-$0--
JORDAN SCOTTBoard Member-$0--
SHARON SMITHTreasurer-$0--
MARY BETH GAERTNERBoard Member-$0--
BARBARA KRUSEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Peace Lake Towers Inc
EIN
72-0860023
Phone
5124591000
Address
PO BOX 140767, AUSTIN, TX 78714

Signing Officer

Name
Holly Raymond
Title
Sr. VP of Finance
Phone
5124591000
Signed
2019-01-10
Discuss with paid preparer
Yes

Preparer

Firm
Avenson Hamann Cpas Llp
Address
1779 WELLS BRANCH PKWY 110B-292, AUSTIN, TX 78728
Preparer
Catherine Avenson
Phone
5126939131
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 1,978,365. End of year amount: 0.”

Raw XML Appendix221 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GLYNN BLOOMQUIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SIGMUND CORNELIUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BILLY DYER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JORDAN SCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SHARON SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MARY BETH GAERTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BARBARA KRUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE HELP, HEALING AND HOPE IN THE NAME OF JESUS CHRIST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED ASSISTANCE FOR THE ELDERLY AND HANDICAPPED VIA CONTRIBUTIONS AND GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01978365
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01978365
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LUTHERAN SOCIAL SERVICES OF THE SOUTH
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleN/AssetsDistributedInd01
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IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0RECEIVABLE FROM RELATED ENTITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0LUTHERAN SOCIAL SERVICES OF THE SOUTH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0741109745
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01978365
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 140767
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IRS990ScheduleN/OwnerOfSuccessorInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,978,365. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HOLLY RAYMOND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SR. VP OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum05124591000
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACE LAKE TOWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0720860023
ReturnHeader/Filer/PhoneNum05124591000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 140767
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078714
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07FBB1FF3FA313FF48503ED9694125008F8DDFE26
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07FBB1FF3FA313FF48503ED9694125008F8DDFE26
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.220.189.9
ReturnHeader/FilingSecurityInformation/IPDt02019-02-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm018:09:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463330935
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AVENSON HAMANN CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01779 WELLS BRANCH PKWY 110B-292
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078728
ReturnHeader/PreparerPersonGrp/PhoneNum05126939131
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHERINE AVENSON
ReturnHeader/ReturnTs02019-02-01T18:09:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-04-01
ReturnHeader/TaxPeriodEndDt02018-03-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$1,978,365
Net income
-$1,978,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.98$1.98
2017Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.10$0.00$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.13$0.00$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.20$0.00$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$2.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.03$4.17$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.00$4.13$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.01$3.72$0.04