Civic Intelligence

Metropolis - Avc Inc

990 • Fiscal year 2011 • EIN 74-3008137

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 06, 2012

3937 C University Drive22030
Siviq Scores

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

Liabilities / Assets

98th percentile

1.52x

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

2011 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

13th percentile

-7.6%

Faster asset growth than 13% of similar nonprofits.

2011 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$13,871,334

Down $1,145,646 (-7.6%) from 2010

Net Assets

Down

-$7,249,868

Down $427,909 (-6.3%) from 2010

Liabilities

Down

$21,121,202

Down $717,737 (-3.3%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,859,677

Down $235,326 (-7.6%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2010: $15,016,980Liabilities 2010: $21,838,939Net Assets 2010: -$6,821,9592010Assets 2011: $13,871,334Liabilities 2011: $21,121,202Net Assets 2011: -$7,249,8682011Assets 2012: $13,650,172Liabilities 2012: $20,852,769Net Assets 2012: -$7,202,5972012Assets 2013: $13,597,653Liabilities 2013: $20,644,623Net Assets 2013: -$7,046,9702013Assets 2014: $13,730,807Liabilities 2014: $20,524,426Net Assets 2014: -$6,793,6192014Assets 2015: $14,011,594Liabilities 2015: $20,417,189Net Assets 2015: -$6,405,5952015Assets 2016: $14,374,876Liabilities 2016: $20,215,076Net Assets 2016: -$5,840,2002016Assets 2017: $14,876,171Liabilities 2017: $20,091,265Net Assets 2017: -$5,215,0942017Assets 2018: $15,136,891Liabilities 2018: $19,810,198Net Assets 2018: -$4,673,3072018Assets 2019: $15,501,560Liabilities 2019: $19,614,573Net Assets 2019: -$4,113,0132019Assets 2020: $15,912,598Liabilities 2020: $19,387,364Net Assets 2020: -$3,474,7662020Assets 2021: $15,020,871Liabilities 2021: $14,262,118Net Assets 2021: $758,7532021Assets 2022: $15,479,990Liabilities 2022: $13,905,958Net Assets 2022: $1,574,0322022Assets 2023: $16,194,437Liabilities 2023: $13,630,018Net Assets 2023: $2,564,4192023Assets 2024: $16,538,233Liabilities 2024: $13,298,677Net Assets 2024: $3,239,5562024

Highlighted filing

2011

Assets$13,871,334
Liabilities$21,121,202
Net Assets-$7,249,868

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $3,095,0032010Expenses 2011: $2,859,6772011Expenses 2012: $2,556,8442012Revenue 2013: $2,828,090Expenses 2013: $2,672,463Net Income 2013: $155,6272013Revenue 2014: $2,975,391Expenses 2014: $2,722,040Net Income 2014: $253,3512014Revenue 2015: $3,193,834Expenses 2015: $2,805,810Net Income 2015: $388,0242015Revenue 2016: $3,340,554Expenses 2016: $2,775,159Net Income 2016: $565,3952016Revenue 2017: $3,475,334Expenses 2017: $2,850,228Net Income 2017: $625,1062017Revenue 2018: $3,599,222Expenses 2018: $3,057,435Net Income 2018: $541,7872018Revenue 2019: $3,692,911Expenses 2019: $3,132,617Net Income 2019: $560,2942019Revenue 2020: $3,726,037Expenses 2020: $3,085,352Net Income 2020: $640,6852020Revenue 2021: $7,566,152Expenses 2021: $3,363,422Net Income 2021: $4,202,7302021Revenue 2022: $4,225,622Expenses 2022: $3,309,332Net Income 2022: $916,2902022Revenue 2023: $4,526,469Expenses 2023: $3,560,313Net Income 2023: $966,1562023Revenue 2024: $4,075,039Expenses 2024: $3,471,798Net Income 2024: $603,2412024

Highlighted filing

2011

Revenue-
Expenses$2,859,677
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 6, 2012
Return Version
2011v1.2
Gross Receipts
$2,431,768
Mission and Program Overview

Mission

A texas non-stock, not-for-profit corporation in accordance with section 501(c)(3) of the internal revenue code was organized to own and operate a 308 unit apartment complex for low-income persons and very low-income persons.

Filing and Contact Details

Filer

EIN
74-3008137
Raw XML AppendixShowing 400 of 528 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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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0PART X LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE TAXPAYER IS A TAX EXEMPT NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TAXPAYER'S FEDERAL FORMS 990 ARE GENERALLY OPEN TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE PRESIDENT (WHO ALSO IS A DIRECTOR) AND THE VICE PRESIDENT RECEIVE COMPENSATION ONLY FROM A RELATED EXEMPT ORGANIZATION, AMERICAN VILLAGE COMMUNITIES, INC., A VIRGINIA NONPROFIT CORPORATION AND SUPPORTING ORGANIZATION FOR TAXPAYER UNDER SEC 509(A)(3) OF THE IRC, BUT RECEIVES NO COMPENSATION FROM THE TAXPAYER.
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IRS990ScheduleO/GeneralExplanation/Explanation0PRESIDENT AND DIRECTOR JOHN BRANTLEY BABER HAS A FAMILY RELATIONSHIP WITH VICE PRESIDENT KATHERINE KALINOWSKI.
IRS990ScheduleO/GeneralExplanation/Explanation1THE DRAFT FORM 990 IS PREPARED BY THE CERTIFIED PUBLIC ACCOUNTANTS RETAINED BY THE TAXPAYER FOR THIS PURPOSE. THE FORM 990 IS REVIEWED BY THE TAXPAYER'S PRESIDENT, WHO DEALS WITH ALL FINANCING, CONTRACT AND CAPITAL EXPENDITURE ISSUES FOR THE TAXPAYER, BY THE TAXPAYER'S GENERAL COUNSEL, WHO DEALS WITH ALL LEGAL AND REGULATORY ISSUES FOR THE TAXPAYER, AND BY THE TAXPAYER'S INDEPENDENT ACCOUNTANT WHO HANDLES ALL PAYABLES AND RECEIVABLES FOR THE TAXPAYER. THE FORM 990 IS SENT IN DRAFT FORM TO ALL MEMBERS OF THE BOARD OF DIRECTORS WITH THE REQUEST TO PROVIDE COMMENTS OR POSE QUESTIONS. IF NECESSARY, A SPECIAL MEETING OF THE BOARD WILL BE CONVENED TO DISCUSS THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation2THE TAXPAYER'S CONFLICTS OF INTEREST AND COMPENSATION POLICY ("POLICY") IS STRAIGHT-FORWARD AND ADDRESSES THE DISCLOSURE AND RESOLUTION OF CONFLICTS OF INTEREST IN THE FOLLOWING MANNER: CONFLICTS OF INTEREST - NO DIRECTOR OR OFFICER OF THE TAXPAYER DOES BUSINESS WITH OR RECEIVES ANY MONEY FROM THE TAXPAYER, SO NO SUCH CONFLICTS HAVE ARISEN. IF ANY CONFLICTS OF INTEREST SHOULD ARISE THEY WILL BE DEALT WITH IN ACCORD WITH THE POLICY, WHICH, INTER ALIA, PROVIDES: A. THE BOARD OF DIRECTORS IS REQUIRED TO DETERMINE ALTERNATIVES, IF ANY, TO THE PROPOSED TRANSACTION OR ARRANGEMENT WITH THE INTERESTED PERSON; B. THE BOARD IS REQUIRED TO DETERMINE WHETHER THE TAXPAYER CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY UNRELATED TO INTERESTED PERSON; AND, C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE WITH A PERSON OR ENTITY UNRELATED TO INTERESTED PERSON, THE BOARD IS REQUIRED TO DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE TAXPAYER'S BEST INTEREST AND FOR ITS PRINCIPAL BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE TAXPAYER AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION.
IRS990ScheduleO/GeneralExplanation/Explanation3NO DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE TAXPAYER RECEIVES ANY COMPENSATION FROM THE TAXPAYER. THE OFFICERS RECEIVE COMPENSATION ONLY FROM AMERICAN VILLAGE COMMUNITIES, INC., A 501(C)(3) EXEMPT ORGANIZATION AND SUPPORTING ORGANIZATION UNDER SECTION 509 (A)(3) OF THE IRC.
IRS990ScheduleO/GeneralExplanation/Explanation4UPON REQUEST, THE TAXPAYER SENDS THESE DOCUMENTS TO THE REQUESTING PARTY. IN ADDITION, THE GOVERNING DOCUMENTS ARE FILED WITH THE STATE OF INCORPORATION OF THE TAXPAYER. THE TAXPAYER'S AUDITED FINANCIAL STATEMENTS ARE FILED WITH THE NATIONALLY RECOGNIZED MUNICIPAL SECURITIES INFORMATION REPOSITORIES, EACH YEAR. THE TAXPAYER'S AUDITED FINANCIAL STATEMENTS ARE ALSO FILED WITH TRAVIS COUNTY CENTRAL APPRAISAL DISTRICT AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS.
IRS990ScheduleO/GeneralExplanation/Explanation5FORM 990, PART VII SECTION A COLUMN (B): AVERAGE HOURS PER WEEK FOR THE OFFICERS ARE BASED ON ALLOCATING TIME SPENT ON MATTERS CONCERNING THE ORGANIZATION AS OFFICERS OR DIRECTORS OF THE ORGANIZATION AND/OR AMERICAN VILLAGE COMMUNITIES, INC., A 501(C)(3) EXEMPT ORGANIZATION AND THE PARENT OF THE ORGANIZATION PURSUANT TO A GROUP EXEMPTION PERMISSION AND A 509(A)(3) RULING.
IRS990ScheduleO/GeneralExplanation/Identifier0GOVERNING BODY AND MANAGEMENT SECTION
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990 WORKSHEET
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.5$13.3$3.24$4.08$3.47$0.60
2023Detailed filing. Detailed filing data is available for this year.$16.2$13.6$2.56$4.53$3.56$0.97
2022Detailed filing. Detailed filing data is available for this year.$15.5$13.9$1.57$4.23$3.31$0.92
2021Detailed filing. Detailed filing data is available for this year.$15.0$14.3$0.76$7.57$3.36$4.20
2020Detailed filing. Detailed filing data is available for this year.$15.9$19.4$3.47$3.73$3.09$0.64
2019Detailed filing. Detailed filing data is available for this year.$15.5$19.6$4.11$3.69$3.13$0.56
2018Detailed filing. Detailed filing data is available for this year.$15.1$19.8$4.67$3.60$3.06$0.54
2017Detailed filing. Detailed filing data is available for this year.$14.9$20.1$5.22$3.48$2.85$0.63
2016Detailed filing. Detailed filing data is available for this year.$14.4$20.2$5.84$3.34$2.78$0.57
2015Detailed filing. Detailed filing data is available for this year.$14.0$20.4$6.41$3.19$2.81$0.39
2014Detailed filing. Detailed filing data is available for this year.$13.7$20.5$6.79$2.98$2.72$0.25
2013Detailed filing. Detailed filing data is available for this year.$13.6$20.6$7.05$2.83$2.67$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$20.9$7.20$2.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$21.1$7.25$2.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$21.8$6.82$3.10