Civic Intelligence

Plymouth Village Trust

EIN 74-1743006 • 501(c)4 • Beaumont, TX

Profile

LOW INCOME HOUSING

1390 Broadway StBeaumont, TX 77701

none

Siviq Scores

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

Liabilities / Assets

99th percentile

3.92x

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

501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

5.31x

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

501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

34th percentile

-0.5%

Higher net margin than 34% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-60%

Faster revenue growth than 4% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$946,027

Up $99,815 (+12%) from 2021

Liabilities

Up

$3,707,488

Up $103,128 (+2.9%) from 2021

Net Assets

Down

-$2,761,461

Down $3,313 (-0.1%) from 2021

Revenue

Down

$697,734

Down $1,047,365 (-60%) from 2021

Expenses

Down

$701,047

Down $1,272,999 (-64%) from 2021

Net Income

Up

-$3,313

Up $225,634 (+99%) from 2021

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $1,904,516Liabilities 2011: $4,372,101Net Assets 2011: -$2,467,5852011Assets 2012: $1,590,245Liabilities 2012: $4,162,292Net Assets 2012: -$2,572,0472012Assets 2013: $1,462,486Liabilities 2013: $4,021,203Net Assets 2013: -$2,558,7172013Assets 2014: $1,193,159Liabilities 2014: $3,837,863Net Assets 2014: -$2,644,7042014Assets 2015: $998,680Liabilities 2015: $3,763,613Net Assets 2015: -$2,764,9332015Assets 2016: $620,413Liabilities 2016: $3,494,617Net Assets 2016: -$2,874,2042016Assets 2017: $939,157Liabilities 2017: $3,575,123Net Assets 2017: -$2,635,9662017Assets 2018: $712,922Liabilities 2018: $3,445,172Net Assets 2018: -$2,732,2502018Assets 2019: $816,520Liabilities 2019: $3,468,986Net Assets 2019: -$2,652,4662019Assets 2020: $783,355Liabilities 2020: $3,312,549Net Assets 2020: -$2,529,1942020Assets 2021: $846,212Liabilities 2021: $3,604,360Net Assets 2021: -$2,758,1482021Assets 2022: $946,027Liabilities 2022: $3,707,488Net Assets 2022: -$2,761,4612022

Highlighted filing

2022

Assets$946,027
Liabilities$3,707,488
Net Assets-$2,761,461

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,407,905Expenses 2011: $1,445,165Net Income 2011: -$37,2602011Revenue 2012: $1,441,412Expenses 2012: $1,545,874Net Income 2012: -$104,4622012Revenue 2013: $1,449,601Expenses 2013: $1,436,271Net Income 2013: $13,3302013Revenue 2014: $1,448,318Expenses 2014: $1,534,481Net Income 2014: -$86,1632014Revenue 2015: $1,514,555Expenses 2015: $1,634,785Net Income 2015: -$120,2302015Revenue 2016: $1,522,903Expenses 2016: $1,632,173Net Income 2016: -$109,2702016Revenue 2017: $1,560,987Expenses 2017: $1,322,750Net Income 2017: $238,2372017Revenue 2018: $1,578,339Expenses 2018: $1,674,622Net Income 2018: -$96,2832018Revenue 2019: $1,603,363Expenses 2019: $1,523,580Net Income 2019: $79,7832019Revenue 2020: $1,640,411Expenses 2020: $1,517,138Net Income 2020: $123,2732020Revenue 2021: $1,745,099Expenses 2021: $1,974,046Net Income 2021: -$228,9472021Revenue 2022: $697,734Expenses 2022: $701,047Net Income 2022: -$3,3132022

Highlighted filing

2022

Revenue$697,734
Expenses$701,047
Net Income-$3,313

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$697,734
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$410,701$453,570▲ $42,869
Prepaid Expenses and Deferred Charges$10,571$125,924▲ $115,353
Cash and Non-Interest-Bearing Accounts$62,881$109,766▲ $46,885
Accounts Receivable$62,952$42,959▼ $19,993
Total Assets$846,212$946,027▲ $99,815
Other Assets Total$299,107$213,808▼ $85,299
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,485,792$3,468,773▼ $17,019
Other Liabilities$71,011$151,857▲ $80,846
Accounts Payable and Accrued Expenses$47,557$86,858▲ $39,301
Total Liabilities$3,604,360$3,707,488▲ $103,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,758,148$-2,761,461▼ $3,313
Total Net Assets Fund Balance$-2,758,148$-2,761,461▼ $3,313
Total Liabilities and Net Assets / Fund Balance$846,212$946,027▲ $99,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$391,738$5,017,582$5,409,320
Equipment$4,988$115,179$120,167
Land$35,000-$35,000
Other Land Buildings$21,844$8,172$30,016
Other Assets Org$96,495--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Madison G HopsonPresident
Hiblet BriggsDirector
Theoplious ThomasDirector
Theresa TateDirector
Dr Rhonda HopsonAsst. Secretary
Jeraldine SellsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$684,966
Investment Income
$0
Other Revenue
$12,768
Change in Net Assets
$-3,313

Audited Revenue Reconciliation

Revenue per Audited Statements
$697,734
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$697,734
Total Revenue per Form 990
$697,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$577,199
Salaries, Compensation, and Employee Benefits$123,848
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,035--$106,035
Insurance$100,096--$100,096
All Other Expenses$83,772--$83,772
Fees for Services Management$46,208--$46,208
Other Expenses$36,839--$36,839
Interest$24,672--$24,672
Fees for Services Accounting$16,278--$16,278
Depreciation Depletion$16,178--$16,178
Office Expenses$9,364--$9,364
Payroll Taxes$9,172--$9,172
Other Employee Benefits$8,641--$8,641
Advertising$4,492--$4,492
Fees for Services Legal$1,161--$1,161
Conferences and Meetings$415--$415
Total Functional Expenses$701,047$0$0$701,047

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$701,047
Total Expenses per Audited Statements$701,047
Total Expenses per Form 990$701,047
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ap - Due to New Entity$97,444
Management Fee Payable$25,030
Tenant Deposits Held in Trust$20,121
Prepaid Rent$9,262
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Form 990, part vi, line 2 - related party information among officers matt hopson dr. Rhonda hopson director asst. Sec. Spouses

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

Organization's process to review form 990 reviewed by president/executive director prior to filing. Reviewed and approved by board of directors at subsequent board meeting.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation upon request

Filing and Contact Details

Filer

Filer Name
Plymouth Village Trust
EIN
74-1743006
Phone
4098338947
Address
1390 BROADWAY ST, BEAUMONT, TX 77701

Signing Officer

Name
Madison G Hopson
Title
President
Phone
4098338947
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Madison G Hopson
Formed
1972
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Tidwell Group LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
Ryder Mathias CPA
Phone
2058221010
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Bad debt: program service expenses 34,928. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,928. Supplies & contract: program service expenses 33,096. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,096. Recreation & rehabilitation: program service expenses 15,748. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,748.

Part XII, Line 2C

The full board reviews the audit and selects the independent auditor.

Raw XML Appendix400 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/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0391738
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05017582
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05409320
IRS990ScheduleD/EquipmentGrp/BookValueAmt04988
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115179
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120167
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0701047
IRS990ScheduleD/LandGrp/BookValueAmt035000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt089061
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt125675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22577
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt396495
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INSURANCE ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021844
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt225030
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt397444
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MANAGEMENT FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3AP - DUE TO NEW ENTITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0697734
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0453570
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0213808
IRS990ScheduleD/TotalExpensesPerForm990Amt0701047
IRS990ScheduleD/TotalLiabilityAmt0151857
IRS990ScheduleD/TotalRevenuePerForm990Amt0697734
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0697734
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0701047
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 2 - RELATED PARTY INFORMATION AMONG OFFICERS MATT HOPSON DR. RHONDA HOPSON DIRECTOR ASST. SEC. SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 REVIEWED BY PRESIDENT/EXECUTIVE DIRECTOR PRIOR TO FILING. REVIEWED AND APPROVED BY BOARD OF DIRECTORS AT SUBSEQUENT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BAD DEBT: PROGRAM SERVICE EXPENSES 34,928. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,928. SUPPLIES & CONTRACT: PROGRAM SERVICE EXPENSES 33,096. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,096. RECREATION & REHABILITATION: PROGRAM SERVICE EXPENSES 15,748. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,748.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FULL BOARD REVIEWS THE AUDIT AND SELECTS THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0846212
IRS990/TotalAssetsEOYAmt0946027
IRS990/TotalAssetsGrp/BOYAmt0846212
IRS990/TotalAssetsGrp/EOYAmt0946027
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0701047
IRS990/TotalFunctionalExpensesGrp/TotalAmt0701047
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03604360
IRS990/TotalLiabilitiesEOYAmt03707488
IRS990/TotalLiabilitiesGrp/BOYAmt03604360
IRS990/TotalLiabilitiesGrp/EOYAmt03707488
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2758148
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2761461
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0701047
IRS990/TotalProgramServiceRevenueAmt0684966
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0697734
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0697734
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0846212
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0946027
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01390 BROADWAY STREET
IRS990/USAddress/CityNm0BEAUMONT
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077701
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MADISON G HOPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04098338947
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLYMOUTH VILLAGE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0PLYM
ReturnHeader/Filer/EIN0741743006
ReturnHeader/Filer/PhoneNum04098338947
ReturnHeader/Filer/USAddress/AddressLine1Txt01390 BROADWAY ST
ReturnHeader/Filer/USAddress/CityNm0BEAUMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271490692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIDWELL GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03595 GRANDVIEW PARKWAY STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02058221010
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYDER MATHIAS CPA
ReturnHeader/ReturnTs02023-11-08T16:55:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MADISON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOPSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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