Civic Intelligence

South Pointe Housing Inc

EIN 72-1472861 • 501(c)3 • Monroe, LA

Profile

To provide affordable housing to the elderly.

300 Harrison StreetMonroe, LA 71201
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

2.36x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

10.07x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-7.0%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

57th percentile

12%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$959,930

Down $150,630 (-14%) from 2023

Liabilities

Down

$2,264,242

Down $4,123 (-0.2%) from 2023

Net Assets

Down

-$1,304,312

Down $146,507 (-13%) from 2023

Revenue

Up

$224,795

Up $44,291 (+25%) from 2023

Expenses

Up

$296,285

Up $33,662 (+13%) from 2023

Net Income

Up

-$71,490

Up $10,629 (+13%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,759,315Liabilities 2011: $2,062,383Net Assets 2011: -$303,0682011Assets 2012: $1,709,494Liabilities 2012: $2,055,574Net Assets 2012: -$346,0802012Assets 2013: $1,657,881Liabilities 2013: $2,046,643Net Assets 2013: -$388,7622013Assets 2014: $1,599,908Liabilities 2014: $2,062,010Net Assets 2014: -$462,1022014Assets 2015: $1,552,535Liabilities 2015: $2,052,031Net Assets 2015: -$499,4962015Assets 2016: $1,510,549Liabilities 2016: $2,071,356Net Assets 2016: -$560,8072016Assets 2017: $1,469,748Liabilities 2017: $2,079,711Net Assets 2017: -$609,9632017Assets 2018: $1,411,192Liabilities 2018: $2,107,301Net Assets 2018: -$696,1092018Assets 2019: $1,364,760Liabilities 2019: $2,119,885Net Assets 2019: -$755,1252019Assets 2020: $1,311,350Liabilities 2020: $2,156,634Net Assets 2020: -$845,2842020Assets 2021: $1,263,779Liabilities 2021: $2,193,804Net Assets 2021: -$930,0252021Assets 2022: $1,217,151Liabilities 2022: $2,292,837Net Assets 2022: -$1,075,6862022Assets 2023: $1,110,560Liabilities 2023: $2,268,365Net Assets 2023: -$1,157,8052023Assets 2025: $959,930Liabilities 2025: $2,264,242Net Assets 2025: -$1,304,3122025

Highlighted filing

2025

Assets$959,930
Liabilities$2,264,242
Net Assets-$1,304,312

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $140,063Expenses 2011: $199,213Net Income 2011: -$59,1502011Revenue 2012: $140,890Expenses 2012: $183,902Net Income 2012: -$43,0122012Revenue 2013: $139,976Expenses 2013: $182,658Net Income 2013: -$42,6822013Revenue 2014: $136,847Expenses 2014: $210,187Net Income 2014: -$73,3402014Revenue 2015: $135,907Expenses 2015: $173,301Net Income 2015: -$37,3942015Revenue 2016: $136,253Expenses 2016: $197,564Net Income 2016: -$61,3112016Revenue 2017: $136,502Expenses 2017: $185,658Net Income 2017: -$49,1562017Revenue 2018: $123,119Expenses 2018: $209,265Net Income 2018: -$86,1462018Revenue 2019: $135,988Expenses 2019: $195,004Net Income 2019: -$59,0162019Revenue 2020: $135,526Expenses 2020: $225,685Net Income 2020: -$90,1592020Revenue 2021: $136,642Expenses 2021: $221,383Net Income 2021: -$84,7412021Revenue 2022: $135,709Expenses 2022: $281,370Net Income 2022: -$145,6612022Revenue 2023: $180,504Expenses 2023: $262,623Net Income 2023: -$82,1192023Revenue 2025: $224,795Expenses 2025: $296,285Net Income 2025: -$71,4902025

Highlighted filing

2025

Revenue$224,795
Expenses$296,285
Net Income-$71,490

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$2.26$1.30$0.22$0.30$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$2.27$1.16$0.18$0.26$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$2.29$1.08$0.14$0.28$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$2.19$0.93$0.14$0.22$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$2.16$0.85$0.14$0.23$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$2.12$0.76$0.14$0.20$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$2.11$0.70$0.12$0.21$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$2.08$0.61$0.14$0.19$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.51$2.07$0.56$0.14$0.20$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.55$2.05$0.50$0.14$0.17$0.04
2014Summary only. Only limited summary data is available for this year.$1.60$2.06$0.46$0.14$0.21$0.07
2013Summary only. Only limited summary data is available for this year.$1.66$2.05$0.39$0.14$0.18$0.04
2012Summary only. Only limited summary data is available for this year.$1.71$2.06$0.35$0.14$0.18$0.04
2011Summary only. Only limited summary data is available for this year.$1.76$2.06$0.30$0.14$0.20$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$224,795
Mission and Program Overview

Mission

To provide affordable housing to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$900,262$855,622▼ $44,640
Savings and Temporary Cash Investments$104,839$63,067▼ $41,772
Prepaid Expenses and Deferred Charges$31,566$27,731▼ $3,835
Cash and Non-Interest-Bearing Accounts$2,636$13,429▲ $10,793
Accounts Receivable-$81-
Total Assets$1,039,303$959,930▼ $79,373
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,020,200$2,020,200→ $0
Accounts Payable and Accrued Expenses$242,485$233,096▼ $9,389
Other Liabilities$9,229$9,496▲ $267
Deferred Revenue$211$1,450▲ $1,239
Total Liabilities$2,272,125$2,264,242▼ $7,883
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,232,822$-1,304,312▼ $71,490
Total Net Assets Fund Balance$-1,232,822$-1,304,312▼ $71,490
Total Liabilities and Net Assets / Fund Balance$1,039,303$959,930▼ $79,373

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$659,610$907,490$1,567,100
Leasehold Improvements$57,470$374,950$432,420
Land$132,500-$132,500
Equipment$6,042$86,564$92,606
Compensation and Service Providers

Board Members and Trustees

NameTitle
Loretta HudsonPresident
Ashley Doughtry AbleBoard Member
Brandon WelchBoard Member
Gladys Smith-cowardBoard Member
Hal HinchcliffeBoard Member
Joe FarrBoard Member
Myra GatlingBoard Member
Pastor Montrell BradleyBoard Member
Patricia GixBoard Member
Cheryl FarmerSecretary-tr
Janet S DurdenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$224,497
Investment Income
$298
Other Revenue
$0
Change in Net Assets
$-71,490

Audited Revenue Reconciliation

Revenue per Audited Statements
$224,795
Total Revenue per Audited Statements
$224,795
Total Revenue per Form 990
$224,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,902
Salaries, Compensation, and Employee Benefits$52,383
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$56,604--$56,604
Depreciation Depletion$44,639--$44,639
Other Salaries and Wages$40,998--$40,998
All Other Expenses$10,958--$10,958
Fees for Services Accounting-$9,190-$9,190
Other Employee Benefits$8,259--$8,259
Other Expenses$6,182$15,811-$6,182
Payroll Taxes$3,126--$3,126
Insurance$594--$594
Total Functional Expenses$271,284$25,001$0$296,285

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,285
Total Expenses per Audited Statements$296,285
Total Expenses per Form 990$296,285
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$9,496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Officers review form 990 prior to filing with the irs.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
South Pointe Housing Inc
EIN
72-1472861
Phone
3183881500
Address
300 HARRISON STREET, MONROE, LA 71201

Signing Officer

Name
Cheryl Farmer
Title
Secretary-treasurer
Phone
3183881500
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Farr
Formed
2000
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Little & Associates
Address
805 N 31ST ST, MONROE, LA 71201
Preparer
Angela J Bryan CPA
Phone
3183619600
Raw XML Appendix385 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.

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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0224497
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104839
IRS990/SavingsAndTempCashInvstGrp/EOYAmt063067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0298
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0544
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0166
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0224497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0229648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0179960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0135649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0136476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0906230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0298
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0637
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01705
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt0906230
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0224497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0229648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0135649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0136476
IRS990ScheduleA/Total509Grp/TotalAmt0906230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0224795
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0230285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0180504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0135709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0136642
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0907935
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0659610
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0907490
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01567100
IRS990ScheduleD/EquipmentGrp/BookValueAmt06042
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086564
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092606
IRS990ScheduleD/ExpensesSubtotalAmt0296285
IRS990ScheduleD/LandGrp/BookValueAmt0132500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0132500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt057470
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0374950
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0432420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0224795
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0855622
IRS990ScheduleD/TotalExpensesPerForm990Amt0296285
IRS990ScheduleD/TotalLiabilityAmt09496
IRS990ScheduleD/TotalRevenuePerForm990Amt0224795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0224795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0296285
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REVIEW FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01039303
IRS990/TotalAssetsEOYAmt0959930
IRS990/TotalAssetsGrp/BOYAmt01039303
IRS990/TotalAssetsGrp/EOYAmt0959930
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0271284
IRS990/TotalFunctionalExpensesGrp/TotalAmt0296285
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02272125
IRS990/TotalLiabilitiesEOYAmt02264242
IRS990/TotalLiabilitiesGrp/BOYAmt02272125
IRS990/TotalLiabilitiesGrp/EOYAmt02264242
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1232822
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1304312
IRS990/TotalProgramServiceExpensesAmt0271284
IRS990/TotalProgramServiceRevenueAmt0224497
IRS990/TotalRevenueGrp/ExclusionAmt0298
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0224497
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224795
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01039303
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0959930
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2110
IRS990/USAddress/CityNm0MONROE
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd071207
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL FARMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03183881500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH POINTE HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0721472861
ReturnHeader/Filer/PhoneNum03183881500
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 HARRISON STREET
ReturnHeader/Filer/USAddress/CityNm0MONROE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721389444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LITTLE & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0805 N 31ST ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071201
ReturnHeader/PreparerPersonGrp/PhoneNum03183619600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA J BRYAN CPA
ReturnHeader/ReturnTs02026-01-21T10:56:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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