Civic Intelligence

Oak Timbers

990 • Fiscal year 2016 • EIN 75-2818263

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 10, 2017

5661 Sheli LaneFrisco, TX 75034-7058

(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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

45th percentile

0.0%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Flat

$1,798,536

Flat from 2016

Net Assets

Flat

$1,758,488

Flat from 2016

Liabilities

Flat

$40,048

Flat from 2016

Revenue

Flat

$0

Flat from 2016

Expenses

Flat

$0

Flat from 2016

Net Income

Flat

$0

Flat 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$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 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

2016

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 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

2016

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 10, 2017
Return Version
2016v3.0
Gross Receipts
$0
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
Cash and Non-Interest-Bearing Accounts$265$265→ $0
Total Assets$1,798,536$1,798,536→ $0
Liabilities
Unsecured Notes Loans Payable$34,930$34,930→ $0
Mortgage Notes Payable Secured by Investment Property$5,118$5,118→ $0
Total Liabilities$40,048$40,048→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,758,488$1,758,488→ $0
Total Net Assets Fund Balance$1,758,488$1,758,488→ $0
Total Liabilities and Net Assets / Fund Balance$1,798,536$1,798,536→ $0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane DemoreDirector
Lynda PittmanExecutive Director
Jean SusticSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
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 11B

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
5661 SHELI LANE, FRISCO, TX 75034-7058

Signing Officer

Name
Lynda Pittman
Title
Director
Phone
8178109337
Signed
2017-10-10
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
0

Preparer

Firm
Novogradac & Company Llp
Address
11044 RESEARCH BLVD SUITE 400 BLDG, C, AUSTIN, TX 78759
Preparer
Susan G Wilson
Phone
5123400420
Raw XML Appendix260 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/AddressChangeInd0X
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LYNDA PITTMAN
IRS990/BooksInCareOfDetail/PhoneNum08176529650
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05661 SHELI LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0750347058
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IRS990/CompensationFromOtherSrcsInd00
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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 APARTMENTS UNITES AVAILABLE FOR RENT AND ALL OF THOSE UNITES ARE OCCUPIED BY LOW-INCOME SENIORS.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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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
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF CONSTRUCTING AND OPERATING AFFORDABLE HOUSING APARTMENT DEVELOPMENTS FOR LOW-INCOME SENIOR CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05118
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05118
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IRS990/NetAssetsOrFundBalancesEOYAmt01758488
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01798271
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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LYNDA PITTMAN
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0178176
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IRS990/PYProgramServiceRevenueAmt01780
IRS990/PYRevenuesLessExpensesAmt0-176396
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0178176
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01780
IRS990/QuidProQuoContributionsInd00
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IRS990/RelatedEntityInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017588
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05570
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05570
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75950
IRS990ScheduleA/PublicSupportPY170Pct00.82300
IRS990ScheduleA/PublicSupportTotal170Amt017588
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017588
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017588
IRS990ScheduleA/TotalSupportAmt023158
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
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IRS990/SchoolOperatingInd00
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IRS990/TotalVolunteersCnt00
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt01758488
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt034930
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0801 E AVENUE H
IRS990/USAddress/CityNm0ARLINGTON
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNDA PITTMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08178109337
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAK TIMBERS
ReturnHeader/Filer/BusinessNameControlTxt0OAKT
ReturnHeader/Filer/EIN0752818263
ReturnHeader/Filer/PhoneNum08176529650
ReturnHeader/Filer/USAddress/AddressLine1Txt05661 SHELI LANE
ReturnHeader/Filer/USAddress/CityNm0FRISCO
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ReturnHeader/FilingSecurityInformation/IPDt02017-10-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:21:57
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/ReturnTs02017-10-10T13:28:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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
2016Detailed filing. Detailed filing data is available for this year.$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