Civic Intelligence

Koinonia Homes Inc.

990EZ • Fiscal year 2017 • EIN 74-1900368

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 23, 2018

3113 Ocean DriveCorpus Christi, TX 78404

(361) 884-4544

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

0.35x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

47th percentile

0.7%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

57th percentile

5.8%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Up

$247,616

Up $1,743 (+0.7%) from 2016

Net Assets

Down

$180,156

Down $46,670 (-21%) from 2016

Liabilities

Up

$67,460

Up $48,413 (+254%) from 2016

Revenue

Up

$190,822

Up $10,541 (+5.8%) from 2016

Expenses

Up

$237,492

Up $47,430 (+25%) from 2016

Net Income

Down

-$46,670

Down $36,889 (-377%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $265,018Liabilities 2011: $8,145Net Assets 2011: $256,8732011Assets 2012: $227,241Liabilities 2012: $8,640Net Assets 2012: $218,6012012Assets 2013: $279,116Liabilities 2013: $58,530Net Assets 2013: $220,5862013Assets 2014: $273,047Liabilities 2014: $42,304Net Assets 2014: $230,7432014Assets 2015: $265,047Liabilities 2015: $28,440Net Assets 2015: $236,6072015Assets 2016: $245,873Liabilities 2016: $19,047Net Assets 2016: $226,8262016Assets 2017: $247,616Liabilities 2017: $67,460Net Assets 2017: $180,1562017Assets 2018: $263,696Liabilities 2018: $52,920Net Assets 2018: $210,7762018Assets 2019: $280,538Liabilities 2019: $39,609Net Assets 2019: $240,9292019Assets 2020: $385,900Liabilities 2020: $162,582Net Assets 2020: $223,3182020Assets 2021: $432,294Liabilities 2021: $186,878Net Assets 2021: $245,4162021Assets 2022: $461,075Liabilities 2022: $186,380Net Assets 2022: $274,6952022Assets 2023: $527,456Liabilities 2023: $236,879Net Assets 2023: $290,5772023

Highlighted filing

2017

Assets$247,616
Liabilities$67,460
Net Assets$180,156

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $143,808Expenses 2011: $152,964Net Income 2011: -$9,1562011Revenue 2012: $142,662Expenses 2012: $180,934Net Income 2012: -$38,2722012Revenue 2013: $157,456Expenses 2013: $155,471Net Income 2013: $1,9852013Revenue 2014: $157,568Expenses 2014: $147,411Net Income 2014: $10,1572014Revenue 2015: $158,719Expenses 2015: $152,855Net Income 2015: $5,8642015Revenue 2016: $180,281Expenses 2016: $190,062Net Income 2016: -$9,7812016Revenue 2017: $190,822Expenses 2017: $237,492Net Income 2017: -$46,6702017Revenue 2018: $219,235Expenses 2018: $188,615Net Income 2018: $30,6202018Revenue 2019: $202,603Expenses 2019: $172,450Net Income 2019: $30,1532019Revenue 2020: $243,427Expenses 2020: $261,038Net Income 2020: -$17,6112020Revenue 2021: $226,524Expenses 2021: $204,426Net Income 2021: $22,0982021Revenue 2022: $232,335Expenses 2022: $203,056Net Income 2022: $29,2792022Revenue 2023: $260,813Expenses 2023: $244,931Net Income 2023: $15,8822023

Highlighted filing

2017

Revenue$190,822
Expenses$237,492
Net Income-$46,670
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 23, 2018
Return Version
2016v3.1
Gross Receipts
$190,822
Mission and Program Overview

Mission

RELIGIOUS

Program Services

DescriptionGrantsExpenses
CHRISTIAN RETIREMENT HOME - HOUSING, WITH CHRISTIAN EMPHASIS ON BEHALF OF SENIOR CITIZENS.-$226,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETTY BAXTERChairperson-$0--
JEANETTE GORDONTrustee-$0--
LINDA PRICETrustee-$0--
BOBBY SCOTTTrustee-$0--
TOMMY STREALYTrustee-$0--
TRISH STROBELTrustee-$0--
SUE THOMPSONTrustee-$0--
JAY WHELESSTrustee-$0--
LAUREN WHITETrustee-$0--
Filing and Contact Details

Filer

Filer Name
Koinonia Homes Inc
EIN
74-1900368
Phone
3618844544
Address
3113 OCEAN DRIVE, CORPUS CHRISTI, TX 78404

Signing Officer

Name
Betty Baxter
Title
Chairperson
Phone
3618808380
Signed
2018-01-23
Discuss with paid preparer
Yes

Preparer

Firm
Gowland Strealy Morales & Company Pllc
Address
5934 SOUTH STAPLES SUITE 201, CORPUS CHRISTI, TX 78413
Preparer
Tommy H Strealy
Phone
3619931000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest 1,315 cable 7,333 bank fees 249 office equipment 335 insurance 35,265 licenses & permits 20 maid service 490 maintenance expense 95,893 telephone 2,942 utilities 23,768 sanitation 4,327 yard maintenance 2,239 office supplies 1,402 postage 96 property tax (nueces coun 14,055 reconciliation discrepanc 1 non-investment depreciation 11,724 total 201,454

Form 990-ez, Part II, Line 24

Accounts receivable -90 0 appliances, equipment, furn&fixtures 129,369 129,369 less accumulated depreciation 120,001 123,484 total 9,278 5,885

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 548 -161 deposits-refundable 9,855 11,245 mortgage and other notes payable 8,644 56,376

Raw XML Appendix190 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 1,315 CABLE 7,333 BANK FEES 249 OFFICE EQUIPMENT 335 INSURANCE 35,265 LICENSES & PERMITS 20 MAID SERVICE 490 MAINTENANCE EXPENSE 95,893 TELEPHONE 2,942 UTILITIES 23,768 SANITATION 4,327 YARD MAINTENANCE 2,239 OFFICE SUPPLIES 1,402 POSTAGE 96 PROPERTY TAX (NUECES COUN 14,055 RECONCILIATION DISCREPANC 1 NON-INVESTMENT DEPRECIATION 11,724 TOTAL 201,454
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE -90 0 APPLIANCES, EQUIPMENT, FURN&FIXTURES 129,369 129,369 LESS ACCUMULATED DEPRECIATION 120,001 123,484 TOTAL 9,278 5,885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 548 -161 DEPOSITS-REFUNDABLE 9,855 11,245 MORTGAGE AND OTHER NOTES PAYABLE 8,644 56,376
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORPUS CHRISTI
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ReturnHeader/PreparerPersonGrp/PhoneNum03619931000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOMMY H STREALY
ReturnHeader/ReturnTs02018-01-26T11:28:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.27$2.37$2.91$2.61$2.45$0.16
2022Detailed filing. Detailed filing data is available for this year.$4.61$1.86$2.75$2.32$2.03$0.29
2021Detailed filing. Detailed filing data is available for this year.$4.32$1.87$2.45$2.27$2.04$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.86$1.63$2.23$2.43$2.61$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.81$0.40$2.41$2.03$1.72$0.30
2018Detailed filing. Detailed filing data is available for this year.$2.64$0.53$2.11$2.19$1.89$0.31
2017Detailed filing. Detailed filing data is available for this year.$2.48$0.67$1.80$1.91$2.37$0.47
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.19$2.27$1.80$1.90$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.65$0.28$2.37$1.59$1.53$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.73$0.42$2.31$1.58$1.47$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.59$2.21$1.57$1.55$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.09$2.19$1.43$1.81$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.08$2.57$1.44$1.53$0.09