Civic Intelligence

Gert Town Enterprise Economic Redevelopment Inc.

990EZ • Fiscal year 2020 • EIN 72-1410688

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 25, 2022

Organization Profile
7808 Colapissa StreetNew Orleans, LA 70125

(504) 416-1050

Siviq Scores

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

Liabilities / Assets

94th percentile

1.02x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.3%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$226,646

Up $1,327 (+0.6%) from 2018

Net Assets

Down

-$5,269

Down $7,158 (-379%) from 2018

Liabilities

Up

$231,915

Up $32,138 (+16%) from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2018

Expenses

Up

$32,393

Up $7,869 (+32%) from 2018

Net Income

Down

-$32,393

Down $7,869 (-32%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$300K$200K$100K$0-$100KAssets 2011: $274,127Liabilities 2011: $274,127Net Assets 2011: $27,9862011Assets 2012: $248,036Liabilities 2012: $248,036Net Assets 2012: $10,8402012Assets 2013: $225,517Liabilities 2013: $210,127Net Assets 2013: $15,3902013Assets 2014: $216,687Liabilities 2014: $202,847Net Assets 2014: $13,8402014Assets 2015: $218,627Liabilities 2015: $202,847Net Assets 2015: $15,7802015Assets 2016: $229,080Liabilities 2016: $199,777Net Assets 2016: $28,7332016Assets 2017: $226,190Liabilities 2017: $199,777Net Assets 2017: $26,4132017Assets 2018: $225,319Liabilities 2018: $199,777Net Assets 2018: $1,8892018Assets 2020: $226,646Liabilities 2020: $231,915Net Assets 2020: -$5,2692020

Highlighted filing

2020

Assets$226,646
Liabilities$231,915
Net Assets-$5,269
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2011: $36,605Expenses 2011: $41,400Net Income 2011: -$4,7952011Revenue 2012: $8,945Expenses 2012: $26,091Net Income 2012: -$17,1462012Revenue 2013: $27,000Expenses 2013: $22,450Net Income 2013: $4,5502013Revenue 2014: $179,457Expenses 2014: $181,007Net Income 2014: -$1,5502014Revenue 2015: $117,593Expenses 2015: $115,653Net Income 2015: $1,9402015Revenue 2016: $61,502Expenses 2016: $48,549Net Income 2016: $12,9532016Revenue 2017: $53,387Expenses 2017: $56,277Net Income 2017: -$2,8902017Revenue 2018: $0Expenses 2018: $24,524Net Income 2018: -$24,5242018Revenue 2020: $0Expenses 2020: $32,393Net Income 2020: -$32,3932020

Highlighted filing

2020

Revenue$0
Expenses$32,393
Net Income-$32,393
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 25, 2022
Return Version
2020v4.0
Mission and Program Overview

Mission

HOUSING

Program Services

DescriptionGrantsExpenses
MAINTAINING LOW INCOME RENTAL PROPERTIES FOR EIGHT FAMILIES THROUGH HOUSING AUTORITY$23,919$32,393
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN MCKNIGHT JRDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Gert Town Enterprise
EIN
72-1410688
Address
7808 COLAPISSA STREET, NEW ORLEANS, LA 70125

Signing Officer

Name
John Mcknight Jr
Title
Director
Signed
2022-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Income Tax Return Service
Address
3407 METAIRIE ROAD S, METAIRIE, LA 70001
Preparer
Nancy L Migaud
Phone
5048344336
Supplemental Narrative

Additional Explanations

990 EZ Part 1 Line

“All income from housig authoritty of new orleans rent collected on properties”

Raw XML Appendix105 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN MCKNIGHT JR
IRS990EZ/BooksInCareOfDetail/PhoneNum05044161050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07808 COLAPISSA ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd070125
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01782
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01527
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-32393
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0226901
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0226646
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0225119
IRS990EZ/LandAndBuildingsGrp/EOYAmt0225119
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027124
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-5269
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027124
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-5269
IRS990EZ/OccupancyRentUtltsAndMaintAmt032393
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN MCKNIGHT JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTAINING LOW INCOME RENTAL PROPERTIES FOR EIGHT FAMILIES THROUGH HOUSING AUTORITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt023919
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032393
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0199777
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0231915
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032393
IRS990EZ/TotalProgramServiceExpensesAmt032393
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt032393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt032393
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt032393
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt032393
IRS990ScheduleA/Total509Grp/TotalAmt032393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt032393
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt032393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL INCOME FROM HOUSIG AUTHORITTY OF NEW ORLEANS RENT COLLECTED ON PROPERTIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 EZ PART 1 LINE
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MCKNIGHT JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GERT TOWN ENTERPRISE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ECONOMIC REDEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0GERT
ReturnHeader/Filer/EIN0721410688
ReturnHeader/Filer/USAddress/AddressLine1Txt07808 COLAPISSA STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070125
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050610745
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INCOME TAX RETURN SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03407 METAIRIE ROAD S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070001
ReturnHeader/PreparerPersonGrp/PhoneNum05048344336
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY L MIGAUD
ReturnHeader/ReturnTs02022-04-21T15:03:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN MCKNIGHT JR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DIRECTOR
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$226,646
Liabilities
$231,915
Net assets
-$5,269
Revenue
$0
Expenses
$32,393
Net income
-$32,393
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$2.27$2.32$0.05$0.00$0.32$0.32
2018Detailed filing. Detailed filing data is available for this year.$2.25$2.00$0.02$0.00$0.25$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.26$2.00$0.26$0.53$0.56$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.29$2.00$0.29$0.62$0.49$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.19$2.03$0.16$1.18$1.16$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.17$2.03$0.14$1.79$1.81$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.26$2.10$0.15$0.27$0.22$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$2.48$0.11$0.09$0.26$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$2.74$0.28$0.37$0.41$0.05