Civic Intelligence

Oak Timbers

990 • Fiscal year 2015 • EIN 75-2818263

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

1904 PapeetePlano, TX 75075

(817) 652-9650

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

22.50x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

1st percentile

-9910%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

14th percentile

-8.8%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Assets

Down

$1,798,536

Down $174,416 (-8.8%) from 2014

Net Assets

Down

$1,758,488

Down $176,396 (-9.1%) from 2014

Liabilities

Up

$40,048

Up $1,980 (+5.2%) from 2014

Revenue

Up

$1,780

Up $1,780 from 2014

Expenses

Up

$178,176

Up $173,176 (+3464%) from 2014

Net Income

Down

-$176,396

Down $171,396 (-3428%) from 2014

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$0Assets 2011: $1,747,225Liabilities 2011: $46,850Net Assets 2011: $1,700,3752011Assets 2012: $1,956,386Liabilities 2012: $10,068Net Assets 2012: $1,946,3182012Assets 2013: $1,974,202Liabilities 2013: $34,068Net Assets 2013: $1,940,1342013Assets 2014: $1,972,952Liabilities 2014: $38,068Net Assets 2014: $1,934,8842014Assets 2015: $1,798,536Liabilities 2015: $40,048Net Assets 2015: $1,758,4882015Assets 2016: $1,798,536Liabilities 2016: $40,048Net Assets 2016: $1,758,4882016Assets 2017: $1,798,411Liabilities 2017: $43,148Net Assets 2017: $1,755,2632017Assets 2018: $1,798,411Liabilities 2018: $47,648Net Assets 2018: $1,750,7632018Assets 2019: $1,798,425Liabilities 2019: $52,148Net Assets 2019: $1,746,2772019Assets 2020: $1,798,439Liabilities 2020: $52,148Net Assets 2020: $1,746,2912020Assets 2021: $1,798,415Liabilities 2021: $55,648Net Assets 2021: $1,742,7672021Assets 2022: $1,798,461Liabilities 2022: $62,4232022Assets 2023: $1,798,393Liabilities 2023: $63,4232023Assets 2024: $1,798,333Liabilities 2024: $67,423Net Assets 2024: $1,730,9102024

Highlighted filing

2015

Assets$1,798,536
Liabilities$40,048
Net Assets$1,758,488

Operations Trend

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

$200K$100K$0-$100K-$200KExpenses 2011: $9482011Expenses 2012: $1,8222012Revenue 2013: $0Expenses 2013: $6,184Net Income 2013: -$6,1842013Revenue 2014: $0Expenses 2014: $5,000Net Income 2014: -$5,0002014Revenue 2015: $1,780Expenses 2015: $178,176Net Income 2015: -$176,3962015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $3,225Net Income 2017: -$3,2252017Revenue 2018: $0Expenses 2018: $4,500Net Income 2018: -$4,5002018Revenue 2019: $14Expenses 2019: $4,500Net Income 2019: -$4,4862019Revenue 2020: $14Expenses 2020: $0Net Income 2020: $142020Revenue 2021: $5Expenses 2021: $3,529Net Income 2021: -$3,5242021Revenue 2022: $38Expenses 2022: $6,767Net Income 2022: -$6,7292022Revenue 2023: $1Expenses 2023: $1,068Net Income 2023: -$1,0672023Revenue 2024: $0Expenses 2024: $4,060Net Income 2024: -$4,0602024

Highlighted filing

2015

Revenue$1,780
Expenses$178,176
Net Income-$176,396
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$1,780
Mission and Program Overview

Mission

The organization was established for the purpose of constructing and operating affordable housing apartment developments for low-income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,798,271$1,798,271→ $0
Investments Program Related$172,802$0▼ $172,802
Cash and Non-Interest-Bearing Accounts$1,879$265▼ $1,614
Total Assets$1,972,952$1,798,536▼ $174,416
Liabilities
Unsecured Notes Loans Payable$32,950$34,930▲ $1,980
Mortgage Notes Payable Secured by Investment Property$5,118$5,118→ $0
Total Liabilities$38,068$40,048▲ $1,980
Net Assets / Fund Balance
Unrestricted Net Assets$1,934,884$1,758,488▼ $176,396
Total Net Assets Fund Balance$1,934,884$1,758,488▼ $176,396
Total Liabilities and Net Assets / Fund Balance$1,972,952$1,798,536▼ $174,416
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathryn LighthillDirector
Lynda PittmanExecutive Director
Donald BurrisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,780
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-176,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$1,980--$1,980
Office Expenses$1,614--$1,614
Other Expenses$140--$140
Total Functional Expenses$178,176$0$0$178,176
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 8A

The board prepares the minutes of the meetings.

Form 990, Part VI, Section A, Line 8B

There are no separate committees.

Form 990, Part VI, Section B, Line 11

The board reviews the 990 at their periodic meetings.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Oak Timbers
EIN
75-2818263
Phone
8176529650
Address
1904 PAPEETE, PLANO, TX 75075

Signing Officer

Name
Lynda Pittman
Title
Director
Phone
8178109337
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynda Pittman
Formed
1999
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Novogradac & Company Llp
Address
11044 RESEARCH BLVD SUITE 400 BLDG, C, AUSTIN, TX 78759
Preparer
Susan G Wilson
Phone
5123400420
Raw XML Appendix275 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF CONSTRUCTING AND OPERATING AFFORDABLE HOUSING APARTMENT DEVELOPMENTS FOR LOW-INCOME SENIOR CITIZENS.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LYNDA PITTMAN
IRS990/BooksInCareOfDetail/PhoneNum08176529650
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-176396
IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CONSTRUCTION OF THE ORGANIZATION'S FIRST AFFORDABLE APARTMENT WAS FINALIZED IN 2001. THIS ENTITY PROVIDES LOW-INCOME SENIOR CITIZENS AFFORDABLE HOUSING BY ENABLING THEM TO MEET ELIGIBILITY REQUIREMENTS TO RENT AN APARTMENT. THERE ARE VOLUNTEERS THAT ASSIST THE SENIORS AND COORDINATE BENEFITS FROM OTHER AGENCIES TO HELP BRING NEEDED SERVICES TO THE RESIDENTS. THERE ARE 65 APARTMENT UNITS AVAILABLE FOR RENT AND ALL OF THOSE UNITS ARE OCCUPIED BY LOW-INCOME SENIORS.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01780
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0172802
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05118
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05118
IRS990/NetAssetsOrFundBalancesBOYAmt01934884
IRS990/NetAssetsOrFundBalancesEOYAmt01758488
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01614
IRS990/OfficeExpensesGrp/TotalAmt01614
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LOSS ON SALE OF APARTME
IRS990/OtherExpensesGrp/Desc1RENTAL LOSS OF APARTMEN
IRS990/OtherExpensesGrp/ProgramServicesAmt0174442
IRS990/OtherExpensesGrp/ProgramServicesAmt1140
IRS990/OtherExpensesGrp/TotalAmt0174442
IRS990/OtherExpensesGrp/TotalAmt1140
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01798271
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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LYNDA PITTMAN
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt05000
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt0-5000
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IRS990/PYTotalExpensesAmt05000
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-176396
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01780
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EXPLANATION FOR OTHER INCOME: LOW-INCOME HOUSING ASSISTANCE 2010 AMOUNT: $ 1,899 2011 AMOUNT: $ 1,822 2012 AMOUNT: $ 5,570 2013 AMOUNT: $ 0 2014 AMOUNT: $ 0 2015 AMOUNT: $ 1,780
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017588
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt034365
IRS990ScheduleA/TotalSupportAmt041757
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PREPARES THE MINUTES OF THE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO SEPARATE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE 990 AT THEIR PERIODIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01972952
IRS990/TotalAssetsEOYAmt01798536
IRS990/TotalAssetsGrp/BOYAmt01972952
IRS990/TotalAssetsGrp/EOYAmt01798536
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0178176
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038068
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01780
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt01758488
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt032950
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt034930
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0801 E AVENUE H
IRS990/USAddress/CityNm0ARLINGTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076011
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNDA PITTMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08178109337
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAK TIMBERS
ReturnHeader/Filer/BusinessNameControlTxt0OAKT
ReturnHeader/Filer/EIN0752818263
ReturnHeader/Filer/PhoneNum08176529650
ReturnHeader/Filer/USAddress/AddressLine1Txt01904 PAPEETE
ReturnHeader/Filer/USAddress/CityNm0PLANO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075075
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011044 RESEARCH BLVD SUITE 400 BLDG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078759
ReturnHeader/PreparerPersonGrp/PhoneNum05123400420
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN G WILSON
ReturnHeader/ReturnTs02016-11-14T10:34:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.07$1.73$0.00$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$1.80$0.06$0.00$0.00$0.00
2022Summary only. Only limited summary data is available for this year.$1.80$0.06$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.06$1.74$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.05$1.75$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.80$0.05$1.75$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.05$1.75$0.00$0.00$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.04$1.76$0.00$0.00$0.00
2016Summary only. Only limited summary data is available for this year.$1.80$0.04$1.76$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.80$0.04$1.76$0.00$0.18$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.97$0.04$1.93$0.00$0.01$0.01
2013Summary only. Only limited summary data is available for this year.$1.97$0.03$1.94$0.00$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.01$1.95$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.05$1.70$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits