Civic Intelligence

Villa Care Inc.

990 • Fiscal year 2023 • EIN 72-1497935

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 01, 2024

Organization ProfileN/A
728 North BlvdBaton Rouge, LA 70802

(225) 388-5045

Siviq Scores

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

Liabilities / Assets

98th percentile

3.35x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

15.95x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-166%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

20th percentile

-26%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$197,018

Down $68,998 (-26%) from 2022

Net Assets

Down

-$462,028

Down $26,714 (-6.1%) from 2022

Liabilities

Down

$659,046

Down $42,284 (-6.0%) from 2022

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin4th percentile

Revenue

Down

$41,332

Down $11,920 (-22%) from 2022

Expenses

Up

$109,989

Up $7,350 (+7.2%) from 2022

Net Income

Down

-$68,657

Down $19,270 (-39%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

2023

Assets$197,018
Liabilities$659,046
Net Assets-$462,028
Open 2023 Filing

Operations Trend

Revenue Growth23rd percentile

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

2023

Revenue$41,332
Expenses$109,989
Net Income-$68,657
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 1, 2024
Return Version
2022v5.0
Gross Receipts
$41,332
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$185,479$181,615▼ $3,864
Cash and Non-Interest-Bearing Accounts$80,537$15,403▼ $65,134
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$266,016$197,018▼ $68,998
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$336,514-
Unsecured Notes Loans Payable$689,027$302,212▼ $386,815
Accounts Payable and Accrued Expenses$12,303$20,320▲ $8,017
Total Liabilities$701,330$659,046▼ $42,284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-435,314$-462,028▼ $26,714
Total Net Assets Fund Balance$-435,314$-462,028▼ $26,714
Total Liabilities and Net Assets / Fund Balance$266,016$197,018▼ $68,998

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$71,615$70,967$142,582
Land$110,000-$110,000
Equipment-$29,185$29,185
Other Land Buildings-$6,536$6,536
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$41,332
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-68,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,313
Salaries, Compensation, and Employee Benefits$42,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$22,304$16,000-$38,304
Interest$9,564--$9,564
Insurance$7,389--$7,389
Fees for Services Accounting$5,275--$5,275
Payroll Taxes$4,372--$4,372
Depreciation Depletion$3,864--$3,864
Fees for Services Management-$1,882-$1,882
All Other Expenses$683--$683
Other Expenses$546--$546
Total Functional Expenses$92,107$17,882$0$109,989
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
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
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“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, Section A, Line 7A

“Options Foundation has the right to appoint or approve directors.”

Form 990, Part VI, Section A, Line 7B

“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, Section B, Line 11B

“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, Section B, Line 12C

“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, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Villa Care Inc
EIN
72-1497935
Phone
2253885045
Address
728 North Blvd, Baton Rouge, LA 70802

Signing Officer

Name
Brent Nettles
Title
Executive Director
Signed
2024-02-01
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
La
Voting Board Members
6
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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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
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/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt071615
IRS990ScheduleD/BuildingsGrp/DepreciationAmt070967
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0142582
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029185
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029185
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06536
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06536
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0181615
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, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Options Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Options for Ascension Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721260557
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1721462959
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0services to people at risk
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HUD Housing for disabled persons 811
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(a)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08540 Quarters Lake Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt18540 Quarters Lake Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Baton Rouge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Baton Rouge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070809
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd170809
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0266016
IRS990/TotalAssetsEOYAmt0197018
IRS990/TotalAssetsGrp/BOYAmt0266016
IRS990/TotalAssetsGrp/EOYAmt0197018
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017882
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0109989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0701330
IRS990/TotalLiabilitiesEOYAmt0659046
IRS990/TotalLiabilitiesGrp/BOYAmt0701330
IRS990/TotalLiabilitiesGrp/EOYAmt0659046
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-435314
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-462028
IRS990/TotalProgramServiceExpensesAmt092107
IRS990/TotalProgramServiceRevenueAmt041332
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt041332
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt041332
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0266016
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0197018
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0689027
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0302212
IRS990/USAddress/AddressLine1Txt0728 North Blvd
IRS990/USAddress/CityNm0Baton Rouge
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070802
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$197,018
Liabilities
$659,046
Net assets
-$462,028
Revenue
$41,332
Expenses
$109,989
Net income
-$68,657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$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