Civic Intelligence

Aerie Inc.

990 • Fiscal year 2017 • EIN 73-1469932

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 04, 2017

7010 South Yale Room Suite 215Tulsa, OK 74136-5743

(918) 492-2554

Siviq Scores

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

Liabilities / Assets

97th percentile

1.75x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

9.92x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

8th percentile

-33%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

24th percentile

-4.4%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

-0.4%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$735,389

Down $34,158 (-4.4%) from 2016

Net Assets

Down

-$553,522

Down $43,506 (-8.5%) from 2016

Liabilities

Up

$1,288,911

Up $9,348 (+0.7%) from 2016

Revenue

Down

$129,881

Down $482 (-0.4%) from 2016

Expenses

Up

$173,387

Up $15,982 (+10%) from 2016

Net Income

Down

-$43,506

Down $16,464 (-61%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $968,986Liabilities 2011: $1,269,114Net Assets 2011: -$300,1312011Assets 2012: $891,584Liabilities 2012: $1,280,372Net Assets 2012: -$388,7882012Assets 2013: $852,833Liabilities 2013: $1,281,641Net Assets 2013: -$428,8082013Assets 2014: $826,099Liabilities 2014: $1,279,302Net Assets 2014: -$453,2032014Assets 2015: $803,294Liabilities 2015: $1,286,268Net Assets 2015: -$482,9742015Assets 2016: $769,547Liabilities 2016: $1,279,563Net Assets 2016: -$510,0162016Assets 2017: $735,389Liabilities 2017: $1,288,911Net Assets 2017: -$553,5222017Assets 2018: $697,064Liabilities 2018: $1,292,119Net Assets 2018: -$595,0552018Assets 2019: $679,344Liabilities 2019: $1,280,286Net Assets 2019: -$600,9422019Assets 2020: $660,245Liabilities 2020: $1,282,483Net Assets 2020: -$622,2382020Assets 2021: $628,053Liabilities 2021: $1,281,699Net Assets 2021: -$653,6462021Assets 2022: $734,221Liabilities 2022: $1,374,916Net Assets 2022: -$640,6952022Assets 2023: $575,218Liabilities 2023: $1,296,557Net Assets 2023: -$721,3392023Assets 2024: $574,327Liabilities 2024: $1,330,462Net Assets 2024: -$756,1352024Assets 2025: $513,095Liabilities 2025: $1,321,554Net Assets 2025: -$808,4592025

Highlighted filing

2017

Assets$735,389
Liabilities$1,288,911
Net Assets-$553,522

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $113,778Expenses 2011: $121,865Net Income 2011: -$8,0872011Revenue 2012: $117,475Expenses 2012: $206,132Net Income 2012: -$88,6572012Expenses 2013: $161,0992013Revenue 2014: $131,662Expenses 2014: $156,057Net Income 2014: -$24,3952014Revenue 2015: $131,594Expenses 2015: $161,365Net Income 2015: -$29,7712015Revenue 2016: $130,363Expenses 2016: $157,405Net Income 2016: -$27,0422016Revenue 2017: $129,881Expenses 2017: $173,387Net Income 2017: -$43,5062017Revenue 2018: $129,352Expenses 2018: $170,885Net Income 2018: -$41,5332018Revenue 2019: $154,530Expenses 2019: $160,417Net Income 2019: -$5,8872019Revenue 2020: $152,405Expenses 2020: $173,701Net Income 2020: -$21,2962020Revenue 2021: $166,164Expenses 2021: $197,572Net Income 2021: -$31,4082021Revenue 2022: $611,001Expenses 2022: $598,050Net Income 2022: $12,9512022Revenue 2023: $172,930Expenses 2023: $253,574Net Income 2023: -$80,6442023Revenue 2024: $172,401Expenses 2024: $207,197Net Income 2024: -$34,7962024Revenue 2025: $194,108Expenses 2025: $246,432Net Income 2025: -$52,3242025

Highlighted filing

2017

Revenue$129,881
Expenses$173,387
Net Income-$43,506
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 4, 2017
Return Version
2016v3.0
Gross Receipts
$129,881
Mission and Program Overview

Mission

To provide affordable housing for low-income persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$717,733$688,070▼ $29,663
Prepaid Expenses and Deferred Charges$12,278$11,868▼ $410
Cash and Non-Interest-Bearing Accounts$3,018$399▼ $2,619
Accounts Receivable$184--
Total Assets$769,547$735,389▼ $34,158
Other Assets Total$36,334$35,052▼ $1,282
Liabilities
Other Liabilities$1,265,349$1,265,191▼ $158
Accounts Payable and Accrued Expenses$14,214$23,720▲ $9,506
Total Liabilities$1,279,563$1,288,911▲ $9,348
Net Assets / Fund Balance
Unrestricted Net Assets$-510,016$-553,522▼ $43,506
Total Net Assets Fund Balance$-510,016$-553,522▼ $43,506
Total Liabilities and Net Assets / Fund Balance$769,547$735,389▼ $34,158

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$560,490$560,193$1,120,683
Land$124,200-$124,200
Equipment$3,380$28,486$31,866
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arianna MooreChairman
Rebecca DozierChairman
Bryan BlankenshipPresident
Jon LanningVice-Chairman
Amy RichardsDirector
Bill WittDirector
Cari BontragerDirector
Jonathan WishDirector
Kathy ThomasDirector
Nancy HaaseDirector
Paul BaumanDirector
Rob HaightDirector
Ryean MillerDirector
Spencer PittmanDirector
Steve OdomDirector
Suzanne BrodnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$52,147
Program Service Revenue
$77,718
Investment Income
$16
Other Revenue
$0
Change in Net Assets
$-43,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$129,881
Total Revenue per Audited Statements
$129,881
Total Revenue per Form 990
$129,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,587
Salaries, Compensation, and Employee Benefits$20,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$29,663--$29,663
Other Salaries and Wages$19,051--$19,051
Insurance$17,717--$17,717
Fees for Services Management$11,520--$11,520
Office Expenses$10,391--$10,391
Fees for Services Accounting$1,440$5,220-$6,660
Other Expenses$6,265--$6,265
Payroll Taxes$1,749--$1,749
Total Functional Expenses$168,167$5,220$0$173,387

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$173,387
Total Expenses per Audited Statements$173,387
Total Expenses per Form 990$173,387
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
Federal income taxes$1,258,680
Miscellaneous Current Liabilities$6,511
Capital Advance-
Tenant Deposits Held in Trust-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization hires a professional management agent to operate the Project. The management agent reports to the Board of Directors.

Form 990, Part VI, Section B, Line 11B

The form is reviewed at regularly scheduled monthly meetings.

Form 990, Part VI, Section B, Line 12C

The Board oversees the activity of the property manager who selects contractors and ensures contractors are not related.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon proper request.

Filing and Contact Details

Filer

Filer Name
Aerie Inc
EIN
73-1469932
Phone
9184922554
Address
7010 South Yale Room Suite 215, Tulsa, OK 74136-5743
Doing Business As
Eagle's Nest Apartments

Signing Officer

Name
Bryan Blankenship
Title
President
Signed
2017-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Blankenship
Formed
1995
Legal Domicile
Ok
Voting Board Members
15
Independent Board Members
15
Employees
2

Preparer

Firm
John Flusche CPA
Address
6851 S Canton, Tulsa, OK 74136
Preparer
John Flusche
Phone
9184888753
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide affordable housing for low-income persons with disabilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-510016
IRS990/NetAssetsOrFundBalancesEOYAmt0-553522
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010391
IRS990/OfficeExpensesGrp/TotalAmt010391
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt036334
IRS990/OtherAssetsTotalGrp/EOYAmt035052
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Maintenance Contracts
IRS990/OtherExpensesGrp/Desc2Maintenance Supplies
IRS990/OtherExpensesGrp/Desc3HVAC
IRS990/OtherExpensesGrp/ProgramServicesAmt032600
IRS990/OtherExpensesGrp/ProgramServicesAmt131833
IRS990/OtherExpensesGrp/ProgramServicesAmt25938
IRS990/OtherExpensesGrp/ProgramServicesAmt36265
IRS990/OtherExpensesGrp/TotalAmt032600
IRS990/OtherExpensesGrp/TotalAmt131833
IRS990/OtherExpensesGrp/TotalAmt25938
IRS990/OtherExpensesGrp/TotalAmt36265
IRS990/OtherLiabilitiesGrp/BOYAmt01265349
IRS990/OtherLiabilitiesGrp/EOYAmt01265191
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019051
IRS990/OtherSalariesAndWagesGrp/TotalAmt019051
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01749
IRS990/PayrollTaxesGrp/TotalAmt01749
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012278
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011868
IRS990/PrincipalOfficerNm0Bryan Blankenship
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rent
IRS990/ProgramServiceRevenueGrp/Desc1Laundry and Vending
IRS990/ProgramServiceRevenueGrp/Desc2Tenant Charges
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt050840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt017
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0138729
IRS990/PYProgramServiceRevenueAmt079506
IRS990/PYRevenuesLessExpensesAmt0-27042
IRS990/PYSalariesCompEmpBnftPaidAmt018676
IRS990/PYTotalExpensesAmt0157405
IRS990/PYTotalRevenueAmt0130363
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-43506
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt063065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0269051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt077734
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt079523
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt068597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0367281
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42280
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.53280
IRS990ScheduleA/PublicSupportTotal170Amt0269051
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt063065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044435
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0269051
IRS990ScheduleA/TotalSupportAmt0636332
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0560490
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0560193
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01120683
IRS990ScheduleD/EquipmentGrp/BookValueAmt03380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031866
IRS990ScheduleD/ExpensesSubtotalAmt0173387
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0124200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0124200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01258680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16511
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Miscellaneous Current Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Capital Advance
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Tenant Deposits Held in Trust
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0129881
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0688070
IRS990ScheduleD/TotalExpensesPerForm990Amt0173387
IRS990ScheduleD/TotalLiabilityAmt01265191
IRS990ScheduleD/TotalRevenuePerForm990Amt0129881
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0129881
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0173387
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization hires a professional management agent to operate the Project. The management agent reports to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form is reviewed at regularly scheduled monthly meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board oversees the activity of the property manager who selects contractors and ensures contractors are not related.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflict of interest policy, and financial statements are available upon proper request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.51$1.32$0.81$0.19$0.25$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$1.33$0.76$0.17$0.21$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$1.30$0.72$0.17$0.25$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.37$0.64$0.61$0.60$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$1.28$0.65$0.17$0.20$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$1.28$0.62$0.15$0.17$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$1.28$0.60$0.15$0.16$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$1.29$0.60$0.13$0.17$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.74$1.29$0.55$0.13$0.17$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$1.28$0.51$0.13$0.16$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$1.29$0.48$0.13$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.83$1.28$0.45$0.13$0.16$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$1.28$0.43$0.16
2012Summary only. Only limited summary data is available for this year.$0.89$1.28$0.39$0.12$0.21$0.09
2011Summary only. Only limited summary data is available for this year.$0.97$1.27$0.30$0.11$0.12$0.01