Civic Intelligence

Villa Care Inc.

990 • Fiscal year 2016 • EIN 72-1497935

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 02, 2016

8540 Quarters Lake RoadBaton Rouge, LA 70809

(225) 388-5045

Siviq Scores

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

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

1.51x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

36th percentile

-4.7%

Faster asset growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-36%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$238,615

Down $11,693 (-4.7%) from 2015

Net Assets

Down

-$5,715

Down $20,269 (-139%) from 2015

Liabilities

Up

$244,330

Up $8,576 (+3.6%) from 2015

Revenue

Down

$161,619

Down $89,250 (-36%) from 2015

Expenses

Up

$181,888

Up $21,184 (+13%) from 2015

Net Income

Down

-$20,269

Down $110,434 (-122%) from 2015

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: $222,659Liabilities 2012: $344,6602012Assets 2013: $214,054Liabilities 2013: $391,2092013Assets 2014: $256,921Liabilities 2014: $332,532Net Assets 2014: -$75,6112014Assets 2015: $250,308Liabilities 2015: $235,754Net Assets 2015: $14,5542015Assets 2016: $238,615Liabilities 2016: $244,330Net Assets 2016: -$5,7152016Assets 2017: $229,271Liabilities 2017: $348,668Net Assets 2017: -$119,3972017Assets 2018: $229,338Liabilities 2018: $445,813Net Assets 2018: -$216,4752018Assets 2019: $225,084Liabilities 2019: $539,110Net Assets 2019: -$314,0262019Assets 2020: $285,352Liabilities 2020: $652,488Net Assets 2020: -$367,1362020Assets 2021: $191,188Liabilities 2021: $577,115Net Assets 2021: -$385,9272021Assets 2022: $266,016Liabilities 2022: $701,330Net Assets 2022: -$435,3142022Assets 2023: $197,018Liabilities 2023: $659,046Net Assets 2023: -$462,0282023

Highlighted filing

2016

Assets$238,615
Liabilities$244,330
Net Assets-$5,715

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $44,922Expenses 2012: $135,015Net Income 2012: -$90,0932012Revenue 2013: $86,521Expenses 2013: $143,219Net Income 2013: -$56,6982013Revenue 2014: $241,968Expenses 2014: $140,424Net Income 2014: $101,5442014Revenue 2015: $250,869Expenses 2015: $160,704Net Income 2015: $90,1652015Revenue 2016: $161,619Expenses 2016: $181,888Net Income 2016: -$20,2692016Revenue 2017: $78,991Expenses 2017: $192,673Net Income 2017: -$113,6822017Revenue 2018: $92,214Expenses 2018: $189,292Net Income 2018: -$97,0782018Revenue 2019: $76,986Expenses 2019: $174,539Net Income 2019: -$97,5532019Revenue 2020: $52,660Expenses 2020: $105,770Net Income 2020: -$53,1102020Revenue 2021: $67,149Expenses 2021: $85,940Net Income 2021: -$18,7912021Revenue 2022: $53,252Expenses 2022: $102,639Net Income 2022: -$49,3872022Revenue 2023: $41,332Expenses 2023: $109,989Net Income 2023: -$68,6572023

Highlighted filing

2016

Revenue$161,619
Expenses$181,888
Net Income-$20,269
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 2, 2016
Return Version
2015v2.0
Gross Receipts
$234,465
Mission and Program Overview

Mission

Provides housing to disabled persons under section 811 of the National Housing ACt under agreement with the Department of HUD.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$226,190$219,894▼ $6,296
Cash and Non-Interest-Bearing Accounts$7,175$2,670▼ $4,505
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$250,308$238,615▼ $11,693
Other Assets Total$16,943$16,051▼ $892
Liabilities
Mortgage Notes Payable Secured by Investment Property$193,813$229,920▲ $36,107
Accounts Payable and Accrued Expenses$41,941$14,410▼ $27,531
Total Liabilities$235,754$244,330▲ $8,576
Net Assets / Fund Balance
Unrestricted Net Assets$14,554$-5,715▼ $20,269
Total Net Assets Fund Balance$14,554$-5,715▼ $20,269
Total Liabilities and Net Assets / Fund Balance$250,308$238,615▼ $11,693

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$91,471$45,398$136,869
Land$110,000-$110,000
Equipment$15,744$12,038$27,782
Other Land Buildings$2,679$3,260$5,939
Other Assets Org$16,051--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donnie JarreauPresident
Chris NicholsDirector
Danny McGlynnDirector
Guy OliverDirector
James AndermanDirector
Lauren ReynoldsDirector
Brent NettlesExecutive Director
Steven DavisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$120,184
Investment Income
$0
Other Revenue
$41,435
Change in Net Assets
$-20,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$127,010
Other Expenses$54,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,271--$108,271
Insurance$11,416--$11,416
Payroll Taxes$10,272--$10,272
Depreciation Depletion$9,235--$9,235
Other Employee Benefits$8,467--$8,467
Fees for Services Management-$5,867-$5,867
Office Expenses$4,415--$4,415
Fees for Services Accounting-$4,237-$4,237
Interest$1,262--$1,262
Other Expenses$302--$302
Total Functional Expenses$171,784$10,104$0$181,888
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$114,281
Gaming Direct Expenses$72,846
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Management Delegated - The organization has no employees and has delegated control over certain property management duties to a third party Management Agent pursuant to a property management agreement. Options Foundation, Inc. as the parent and sponsoring corporation assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Options Foundation has the right to appoint or approve directors.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of Options Foundation, Inc. and the Secretary of the U.S. Department of Housing and Urban Development. Directors may be removed with or without cause at the request of the U. S. Department of Housing and Urban Development.

Form 990, Part VI, Line 11B: Form 990 Review Process

The final form 990 is reviewed by management prior to filing with the IRS. The organization's chief financial officer, as an officer of the board, is also provided the form 990 and given an opportunity for review prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The policy requires Officers, Directors and Key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure forms are distributed and collected annually, and individuals are required to update the disclosure form throughout the the year in the event potential conflicts arise. Potential conflicts of interest are reviewed by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Villa Care Inc
EIN
72-1497935
Phone
2253885045
Address
8540 Quarters Lake Road, Baton Rouge, LA 70809

Signing Officer

Name
Brent Nettles
Title
Executive Director
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
La
Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Ehricht & Associates LLC
Address
777 S Acadian Thruway, Baton Rouge, LA 70806
Preparer
John F Ehricht CPA
Phone
2253870357
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt298891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021291
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt298891
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt053416
IRS990/PYOtherRevenueAmt01
IRS990/PYProgramServiceRevenueAmt0250869
IRS990/PYRevenuesLessExpensesAmt090164
IRS990/PYSalariesCompEmpBnftPaidAmt0107292
IRS990/PYTotalExpensesAmt0160708
IRS990/PYTotalRevenueAmt0250872
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-20269
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt016119
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0120184
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0250869
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0241968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt086520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt044921
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0744462
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0744462
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0120184
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250869
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0241968
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt086520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt044921
IRS990ScheduleA/Total509Grp/TotalAmt0744462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0120184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0241968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt086520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt044921
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0744462
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt091471
IRS990ScheduleD/BuildingsGrp/DepreciationAmt045398
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0136869
IRS990ScheduleD/EquipmentGrp/BookValueAmt015744
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012038
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027782
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt016051
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Replacement Reserve
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02679
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03260
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05939
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0219894
IRS990ScheduleD/TotalBookValueOtherAssetsAmt016051
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt072846
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0114281
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0114281
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt041435
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt072846
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt072846
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management Delegated - The organization has no employees and has delegated control over certain property management duties to a third party Management Agent pursuant to a property management agreement. Options Foundation, Inc. as the parent and sponsoring corporation assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Options Foundation has the right to appoint or approve directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of Options Foundation, Inc. and the Secretary of the U.S. Department of Housing and Urban Development. Directors may be removed with or without cause at the request of the U. S. Department of Housing and Urban Development.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The final form 990 is reviewed by management prior to filing with the IRS. The organization's chief financial officer, as an officer of the board, is also provided the form 990 and given an opportunity for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The policy requires Officers, Directors and Key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure forms are distributed and collected annually, and individuals are required to update the disclosure form throughout the the year in the event potential conflicts arise. Potential conflicts of interest are reviewed by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250308
IRS990/TotalAssetsEOYAmt0238615
IRS990/TotalAssetsGrp/BOYAmt0250308
IRS990/TotalAssetsGrp/EOYAmt0238615
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010104
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171784
IRS990/TotalFunctionalExpensesGrp/TotalAmt0181888

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$6.59$4.62$0.41$1.10$0.69
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$7.01$4.35$0.53$1.03$0.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$5.77$3.86$0.67$0.86$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$6.52$3.67$0.53$1.06$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$5.39$3.14$0.77$1.75$0.98
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$4.46$2.16$0.92$1.89$0.97
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$3.49$1.19$0.79$1.93$1.14
2016Detailed filing. Detailed filing data is available for this year.$2.39$2.44$0.06$1.62$1.82$0.20
2015Summary only. Only limited summary data is available for this year.$2.50$2.36$0.15$2.51$1.61$0.90
2014Summary only. Only limited summary data is available for this year.$2.57$3.33$0.76$2.42$1.40$1.02
2013Summary only. Only limited summary data is available for this year.$2.14$3.91$0.87$1.43$0.57
2012Summary only. Only limited summary data is available for this year.$2.23$3.45$0.45$1.35$0.90