Civic Intelligence

S a Hogar Inc DBA Sacred Heart Villa Apartments

990 • Fiscal year 2017 • EIN 74-2184186

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 10, 2018

PO Box 10278San Antonio, TX 78210

(210) 531-0577

Siviq Scores

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

Liabilities / Assets

94th percentile

1.16x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

92nd percentile

2.78x

Higher debt load relative to revenue than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

38th percentile

-0.2%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

14th percentile

-8.2%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

5.1%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,218,145

Down $108,538 (-8.2%) from 2016

Net Assets

Down

-$198,820

Down $1,262 (-0.6%) from 2016

Liabilities

Down

$1,416,965

Down $107,276 (-7.0%) from 2016

Revenue

Up

$509,554

Up $24,831 (+5.1%) from 2016

Expenses

Up

$510,816

Up $66,145 (+15%) from 2016

Net Income

Down

-$1,262

Down $41,314 (-103%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $1,427,166Liabilities 2010: $1,654,503Net Assets 2010: -$227,3372010Assets 2011: $1,421,504Liabilities 2011: $1,663,331Net Assets 2011: -$241,8272011Assets 2012: $1,383,199Liabilities 2012: $1,620,010Net Assets 2012: -$236,8112012Assets 2013: $1,373,136Liabilities 2013: $1,595,895Net Assets 2013: -$222,7592013Assets 2014: $1,348,561Liabilities 2014: $1,570,272Net Assets 2014: -$221,7112014Assets 2015: $1,331,099Liabilities 2015: $1,568,709Net Assets 2015: -$237,6102015Assets 2016: $1,326,683Liabilities 2016: $1,524,241Net Assets 2016: -$197,5582016Assets 2017: $1,218,145Liabilities 2017: $1,416,965Net Assets 2017: -$198,8202017Assets 2018: $1,208,862Liabilities 2018: $1,393,037Net Assets 2018: -$184,1752018Assets 2019: $1,184,713Liabilities 2019: $1,368,578Net Assets 2019: -$183,8652019Assets 2020: $1,183,100Liabilities 2020: $1,336,656Net Assets 2020: -$153,5562020Assets 2021: $1,210,998Liabilities 2021: $1,310,221Net Assets 2021: -$99,2232021Assets 2022: $1,214,722Liabilities 2022: $1,272,527Net Assets 2022: -$57,8052022

Highlighted filing

2017

Assets$1,218,145
Liabilities$1,416,965
Net Assets-$198,820

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $449,4452010Expenses 2011: $481,2532011Expenses 2012: $466,8302012Revenue 2013: $472,594Expenses 2013: $458,542Net Income 2013: $14,0522013Revenue 2014: $458,546Expenses 2014: $457,498Net Income 2014: $1,0482014Revenue 2015: $478,782Expenses 2015: $494,681Net Income 2015: -$15,8992015Revenue 2016: $484,723Expenses 2016: $444,671Net Income 2016: $40,0522016Revenue 2017: $509,554Expenses 2017: $510,816Net Income 2017: -$1,2622017Revenue 2018: $500,857Expenses 2018: $486,212Net Income 2018: $14,6452018Revenue 2019: $518,220Expenses 2019: $517,910Net Income 2019: $3102019Revenue 2020: $506,349Expenses 2020: $476,040Net Income 2020: $30,3092020Revenue 2021: $524,039Expenses 2021: $469,706Net Income 2021: $54,3332021Revenue 2022: $533,011Expenses 2022: $491,593Net Income 2022: $41,4182022

Highlighted filing

2017

Revenue$509,554
Expenses$510,816
Net Income-$1,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 10, 2018
Return Version
2017v2.3
Gross Receipts
$509,554
Mission and Program Overview

Mission

To provide homes for the elderly and/or handicapped persons, to promote the social well-being of said people on a totally non-discriminatory basis, according to need, and with respect for dignity, to provide adequate housings for low and moderate income families.

The corporation is a nonprofit corporation organized under the laws of the state of texas, for the purpose of developing and operating an apartment complex of 48 units in san antonio, texas. The corporation will operate under the provisions of section 207/223(f) of the national affordable housing act and be regulated by the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods. The project's major program is its section 8 housing assistance payments and section 207/223(f) direct loan. The project has executed a mortgage agreement with u.s. Department of housing and urban development (hud), which requires the utilization of the project pursuant to section 207/223(f) for a minimum of 40 years. The project entered into a rental assistance contract with hud pursuant to section 8. Under this agreement, housing assistance payments are made on behalf of eligible families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$724,920$602,543▼ $122,377
Savings and Temporary Cash Investments$560,880--
Prepaid Expenses and Deferred Charges$10,944$8,129▼ $2,815
Cash and Non-Interest-Bearing Accounts$29,939$6,399▼ $23,540
Total Assets$1,326,683$1,218,145▼ $108,538
Other Assets Total-$601,074-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,469,930$1,389,012▼ $80,918
Accounts Payable and Accrued Expenses$43,355$16,326▼ $27,029
Other Liabilities$10,956$11,627▲ $671
Total Liabilities$1,524,241$1,416,965▼ $107,276
Net Assets / Fund Balance
Unrestricted Net Assets$-197,558$-198,820▼ $1,262
Total Net Assets Fund Balance$-197,558$-198,820▼ $1,262
Total Liabilities and Net Assets / Fund Balance$1,326,683$1,218,145▼ $108,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$531,046$1,062,661$1,593,707
Land$70,432-$70,432
Other Land Buildings$1,065$37,091$38,156
Equipment-$1,967$1,967
Other Assets Org$13,053--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Victoria LunaPresident
George P DewinneSecretary
Pablo GuiterrezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$508,990
Investment Income
$564
Other Revenue
$0
Change in Net Assets
$-1,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$509,554
Total Revenue per Audited Statements
$509,554
Total Revenue per Form 990
$509,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,686
Salaries, Compensation, and Employee Benefits$122,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$153,841--$153,841
Other Salaries and Wages$101,782--$101,782
Depreciation Depletion$52,160--$52,160
Fees for Services Management-$33,511-$33,511
Other Expenses$19,493--$19,493
Payroll Taxes$12,815--$12,815
Fees for Services Accounting-$10,637-$10,637
Office Expenses$10,462--$10,462
Other Employee Benefits$7,533--$7,533
Insurance$3,501--$3,501
Conferences and Meetings$1,498--$1,498
Total Functional Expenses$466,668$44,148$0$510,816

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$510,816
Total Expenses per Audited Statements$510,816
Total Expenses per Form 990$510,816
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
Security Deposits Payable$11,627
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The project has contracted with suzanne smith management company to provide management services. The charges for these services are based upon a management agreement. The charges are 6.75% of collected rental and miscellaneous income.

Form 990, Page 6, Part VI, Line 7A

The corporation has officers, as noted on this return, and any new members are voted on and approved by the existing officers.

Form 990, Page 6, Part VI, Line 8B

There are no separate committees.

Form 990, Page 6, Part VI, Line 11B

The form 990 is given to a board member, prior to filing the form 990.

Form 990, Page 6, Part VI, Line 19

The corporation will make its organizing document and form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Sa Hogar Inc
EIN
74-2184186
Phone
2105310577
Address
PO BOX 10278, SAN ANTONIO, TX 78210
Doing Business As
Sacred Heart Villa Apartments

Signing Officer

Name
Victoria Luna
Title
President
Phone
2105310577
Signed
2018-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victoria Luna
Formed
1979
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
Jeffrey M Maddox
Phone
2259263360
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide homes for the elderly and/or handicapped persons, to promote the social well-being of said people on a totally non-discriminatory basis, according to need, and with respect for dignity, to provide adequate housings for low and moderate income families.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0484723
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0478782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0458546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0472594
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02404199
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0531046
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01062661
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01593707
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01967
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01967
IRS990ScheduleD/ExpensesSubtotalAmt0510816
IRS990ScheduleD/LandGrp/BookValueAmt070432
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070432
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0588021
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt113053
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01065
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037091
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038156
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011627
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0509554
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0602543
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0601074
IRS990ScheduleD/TotalExpensesPerForm990Amt0510816
IRS990ScheduleD/TotalLiabilityAmt011627
IRS990ScheduleD/TotalRevenuePerForm990Amt0509554
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0509554
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0510816
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE HOMES FOR THE ELDERLY AND/OR HANDICAPPED PERSONS, TO PROMOTE THE SOCIAL WELL-BEING OF SAID PEOPLE ON A TOTALLY NON-DISCRIMINATORY BASIS, ACCORDING TO NEED, AND WITH RESPECT FOR DIGNITY, TO PROVIDE ADEQUATE HOUSINGS FOR LOW AND MODERATE INCOME FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROJECT HAS CONTRACTED WITH SUZANNE SMITH MANAGEMENT COMPANY TO PROVIDE MANAGEMENT SERVICES. THE CHARGES FOR THESE SERVICES ARE BASED UPON A MANAGEMENT AGREEMENT. THE CHARGES ARE 6.75% OF COLLECTED RENTAL AND MISCELLANEOUS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION HAS OFFICERS, AS NOTED ON THIS RETURN, AND ANY NEW MEMBERS ARE VOTED ON AND APPROVED BY THE EXISTING OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO SEPARATE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS GIVEN TO A BOARD MEMBER, PRIOR TO FILING THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CORPORATION WILL MAKE ITS ORGANIZING DOCUMENT AND FORM 990 AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01326683
IRS990/TotalAssetsEOYAmt01218145
IRS990/TotalAssetsGrp/BOYAmt01326683
IRS990/TotalAssetsGrp/EOYAmt01218145
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044148
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0466668
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510816
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01524241
IRS990/TotalLiabilitiesEOYAmt01416965
IRS990/TotalLiabilitiesGrp/BOYAmt01524241
IRS990/TotalLiabilitiesGrp/EOYAmt01416965
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-197558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-198820
IRS990/TotalProgramServiceExpensesAmt0466668
IRS990/TotalProgramServiceRevenueAmt0508990
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0509554
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0509554
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01326683
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01218145
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-197558
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-198820
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 10278
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078210
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VICTORIA LUNA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02105310577
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SA HOGAR INC
ReturnHeader/Filer/BusinessNameControlTxt0SAHO
ReturnHeader/Filer/EIN0742184186
ReturnHeader/Filer/PhoneNum02105310577
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10278
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078210
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId076F67467AAFC9854C0A77121D238A72D93BF1653
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId076F67467AAFC9854C0A77121D238A72D93BF1653
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.96.157.239
ReturnHeader/FilingSecurityInformation/IPDt02018-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:47:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721314069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MADDOX & ASSOCIATES APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05627 BANKERS AVE BLDG 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BATON ROUGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0708082610
ReturnHeader/PreparerPersonGrp/PhoneNum02259263360
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY M MADDOX
ReturnHeader/ReturnTs02018-05-11T09:47:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.27$0.06$0.53$0.49$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$1.31$0.10$0.52$0.47$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.34$0.15$0.51$0.48$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.37$0.18$0.52$0.52$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.39$0.18$0.50$0.49$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.22$1.42$0.20$0.51$0.51$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$1.52$0.20$0.48$0.44$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.33$1.57$0.24$0.48$0.49$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.35$1.57$0.22$0.46$0.46$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.37$1.60$0.22$0.47$0.46$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$1.62$0.24$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$1.66$0.24$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$1.65$0.23$0.45