Civic Intelligence

George Gervin Wings of Hope

EIN 80-0748834 • 501(c)3 • San Antonio, TX

Profile

The corporation was organized on january 11, 2011 as a non-profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate theron an apartment complex of 14 units, under section 811 and 8 of the national affordable housing act and is regulated by hud with respect to rental charges and operating methods. The project's nonmajor program is its section 8 rent subsidy. Total housing assistance from hud durning the year ended december 31, 2015 was $7,312. The project has received $1,912,100 from hud under the terms of a capital advance agreement. Under the terms of the agreement, the note shall bear no interest an repayment is not required while the housing remains available for very low-income persons with disablities in strict compliance with section 811 of the national affordable housing act for a period of forty years. It is planned to follow criteria.

6903 Sunbelt Dr SouthSan Antonio, TX 78218-3336

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

10th percentile

-30%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-3.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-3.2%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,776,641

Down $64,938 (-3.5%) from 2023

Liabilities

Down

$11,895

Down $14,823 (-55%) from 2023

Net Assets

Down

$1,764,746

Down $50,115 (-2.8%) from 2023

Revenue

Down

$166,986

Down $5,549 (-3.2%) from 2023

Expenses

Up

$217,101

Up $4,592 (+2.2%) from 2023

Net Income

Down

-$50,115

Down $10,141 (-25%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2015: $2,194,047Liabilities 2015: $18,326Net Assets 2015: $2,175,7212015Assets 2016: $2,149,447Liabilities 2016: $31,798Net Assets 2016: $2,117,6492016Assets 2017: $2,107,196Liabilities 2017: $16,000Net Assets 2017: $2,091,1962017Assets 2018: $2,070,842Liabilities 2018: $14,836Net Assets 2018: $2,056,0062018Assets 2019: $2,026,665Liabilities 2019: $10,290Net Assets 2019: $2,016,3752019Assets 2020: $1,974,708Liabilities 2020: $8,248Net Assets 2020: $1,966,4602020Assets 2021: $1,925,042Liabilities 2021: $10,854Net Assets 2021: $1,914,1882021Assets 2022: $1,877,079Liabilities 2022: $22,244Net Assets 2022: $1,854,8352022Assets 2023: $1,841,579Liabilities 2023: $26,718Net Assets 2023: $1,814,8612023Assets 2024: $1,776,641Liabilities 2024: $11,895Net Assets 2024: $1,764,7462024

Highlighted filing

2024

Assets$1,776,641
Liabilities$11,895
Net Assets$1,764,746

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $298,488Expenses 2015: $34,867Net Income 2015: $263,6212015Revenue 2016: $86,470Expenses 2016: $144,542Net Income 2016: -$58,0722016Revenue 2017: $115,907Expenses 2017: $151,921Net Income 2017: -$36,0142017Revenue 2018: $119,394Expenses 2018: $154,584Net Income 2018: -$35,1902018Revenue 2019: $122,742Expenses 2019: $162,373Net Income 2019: -$39,6312019Revenue 2020: $126,778Expenses 2020: $176,693Net Income 2020: -$49,9152020Revenue 2021: $125,233Expenses 2021: $177,505Net Income 2021: -$52,2722021Revenue 2022: $138,299Expenses 2022: $197,652Net Income 2022: -$59,3532022Revenue 2023: $172,535Expenses 2023: $212,509Net Income 2023: -$39,9742023Revenue 2024: $166,986Expenses 2024: $217,101Net Income 2024: -$50,1152024

Highlighted filing

2024

Revenue$166,986
Expenses$217,101
Net Income-$50,115

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.0
Gross Receipts
$166,986
Mission and Program Overview

Mission

The corporation was organized on january 11, 2011 as a non-profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 14 units, under section 811 of the national affordable housing act and is regulated by hud with respect to rental charges and operating methods.

Organization - the corporation was organized on january 11, 2011 as a non- profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 14 units, under section 811 of the national affordable housing act and is regulated by the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,779,065$1,723,219▼ $55,846
Prepaid Expenses and Deferred Charges$9,705$10,408▲ $703
Cash and Non-Interest-Bearing Accounts$19,231$1,538▼ $17,693
Accounts Receivable-$85-
Total Assets$1,841,579$1,776,641▼ $64,938
Other Assets Total$33,578$41,391▲ $7,813
Liabilities
Accounts Payable and Accrued Expenses$21,121$6,434▼ $14,687
Other Liabilities$4,084$4,274▲ $190
Deferred Revenue$1,513$1,187▼ $326
Total Liabilities$26,718$11,895▼ $14,823
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,912,100$1,912,100→ $0
Net Assets Without Donor Restrictions$-97,239$-147,354▼ $50,115
Total Net Assets Fund Balance$1,814,861$1,764,746▼ $50,115
Total Liabilities and Net Assets / Fund Balance$1,841,579$1,776,641▼ $64,938

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,631,104$501,558$2,132,662
Land$90,000-$90,000
Equipment$2,115$2,962$5,077
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara Gervin-hawkinsPresident
Frances BoynesSecretary/tr
Nathan HawkinsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$166,255
Investment Income
$731
Other Revenue
$0
Change in Net Assets
$-50,115

Audited Revenue Reconciliation

Revenue per Audited Statements
$166,986
Total Revenue per Audited Statements
$166,986
Total Revenue per Form 990
$166,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,193
Salaries, Compensation, and Employee Benefits$47,908
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$55,846--$55,846
Other Salaries and Wages$42,164--$42,164
Occupancy$32,423--$32,423
Fees for Services Management-$18,026-$18,026
Office Expenses$10,160--$10,160
Fees for Services Accounting-$10,100-$10,100
Payroll Taxes$3,779--$3,779
Other Employee Benefits$1,965--$1,965
Insurance$1,141--$1,141
Conferences and Meetings-$461-$461
Other Expenses$190--$190
Total Functional Expenses$188,514$28,587$0$217,101

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$217,101
Total Expenses per Audited Statements$217,101
Total Expenses per Form 990$217,101
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
Tenant Security Deposits$4,274
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The project entered into a management agreement with prak property management, inc. This fee is 5.39% of collected rental income plus a 54 pupm add on fee. Management fees earned by this management company for the year ended december 31, 2024 was 18,026.

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

The project has directors that can vote on new directors that are a part of the governing body.

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

The governing body reviews the form 990 with the property manager, and if there are any questions or concerns, they will be answered prior to filing the return.

Form 990, Page 6, Part VI, Line 19

The governing body will provide copies of the organizational documents, financial statement or form 990 upon request.

Filing and Contact Details

Filer

Filer Name
George Gervin Wings of Hope
EIN
80-0748834
Phone
8303722600
Address
6903 SUNBELT DR SOUTH, SAN ANTONIO, TX 78218-3336

Signing Officer

Name
Brad Prak
Title
Management Agent
Phone
8303722600
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Hawkins
Formed
2011
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
William B Beale
Phone
2259263360
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation was organized on january 11, 2011 as a non-profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 14 units, under section 811 of the national affordable housing act and is regulated by hud with respect to rental charges and operating methods.

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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05077
IRS990ScheduleD/ExpensesSubtotalAmt0217101
IRS990ScheduleD/LandGrp/BookValueAmt090000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt090000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0166986
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01723219
IRS990ScheduleD/TotalExpensesPerForm990Amt0217101
IRS990ScheduleD/TotalLiabilityAmt04274
IRS990ScheduleD/TotalRevenuePerForm990Amt0166986
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0166986
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0217101
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION WAS ORGANIZED ON JANUARY 11, 2011 AS A NON-PROFIT CORPORATION TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN SAN ANTONIO, TEXAS, AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 14 UNITS, UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND IS REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROJECT ENTERED INTO A MANAGEMENT AGREEMENT WITH PRAK PROPERTY MANAGEMENT, INC. THIS FEE IS 5.39% OF COLLECTED RENTAL INCOME PLUS A 54 PUPM ADD ON FEE. MANAGEMENT FEES EARNED BY THIS MANAGEMENT COMPANY FOR THE YEAR ENDED DECEMBER 31, 2024 WAS 18,026.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROJECT HAS DIRECTORS THAT CAN VOTE ON NEW DIRECTORS THAT ARE A PART OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY REVIEWS THE FORM 990 WITH THE PROPERTY MANAGER, AND IF THERE ARE ANY QUESTIONS OR CONCERNS, THEY WILL BE ANSWERED PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY WILL PROVIDE COPIES OF THE ORGANIZATIONAL DOCUMENTS, FINANCIAL STATEMENT OR FORM 990 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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01841579
IRS990/TotalAssetsEOYAmt01776641
IRS990/TotalAssetsGrp/BOYAmt01841579
IRS990/TotalAssetsGrp/EOYAmt01776641
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028587
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188514
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026718
IRS990/TotalLiabilitiesEOYAmt011895
IRS990/TotalLiabilitiesGrp/BOYAmt026718
IRS990/TotalLiabilitiesGrp/EOYAmt011895
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01814861
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01764746
IRS990/TotalProgramServiceExpensesAmt0188514
IRS990/TotalProgramServiceRevenueAmt0166255
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0166986
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0166986
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01841579
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01776641
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06903 SUNBELT DR SOUTH
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0782183336
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD PRAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGEMENT AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08303722600
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEORGE GERVIN WINGS OF HOPE
ReturnHeader/Filer/BusinessNameControlTxt0GEOR
ReturnHeader/Filer/EIN0800748834
ReturnHeader/Filer/PhoneNum08303722600
ReturnHeader/Filer/USAddress/AddressLine1Txt06903 SUNBELT DR SOUTH
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0782183336
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM B BEALE
ReturnHeader/ReturnTs02025-05-05T12:17:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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