Civic Intelligence

Legacy Housing Foundation Inc

990EZ • Fiscal year 2019 • EIN 81-1934833

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 24, 2020

900 South Gay Street Ste 2000Knoxville, TN 37902

(865) 549-7441

Siviq Scores

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

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

30th percentile

-8.8%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$321,786

Down $31,112 (-8.8%) from 2018

Net Assets

Down

$286,319

Down $45,609 (-14%) from 2018

Liabilities

Up

$35,467

Up $14,497 (+69%) from 2018

Revenue

Down

$144,184

Down $68,268 (-32%) from 2018

Expenses

Down

$191,227

Down $86,232 (-31%) from 2018

Net Income

Up

-$47,043

Up $17,964 (+28%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $481,646Liabilities 2016: $60Net Assets 2016: $481,5862016Assets 2017: $400,848Liabilities 2017: $3,913Net Assets 2017: $396,9352017Assets 2018: $352,898Liabilities 2018: $20,970Net Assets 2018: $331,9282018Assets 2019: $321,786Liabilities 2019: $35,467Net Assets 2019: $286,3192019Assets 2020: $483,906Liabilities 2020: $30,299Net Assets 2020: $453,6072020Assets 2021: $525,834Liabilities 2021: $20,066Net Assets 2021: $505,7682021Assets 2022: $316,402Liabilities 2022: $4,343Net Assets 2022: $312,0592022Assets 2023: $145,659Liabilities 2023: $8,330Net Assets 2023: $137,3292023Assets 2024: $97,022Liabilities 2024: $36,442Net Assets 2024: $60,5802024

Highlighted filing

2019

Assets$321,786
Liabilities$35,467
Net Assets$286,319

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $545,211Expenses 2016: $63,625Net Income 2016: $481,5862016Revenue 2017: $106,153Expenses 2017: $190,804Net Income 2017: -$84,6512017Revenue 2018: $212,452Expenses 2018: $277,459Net Income 2018: -$65,0072018Revenue 2019: $144,184Expenses 2019: $191,227Net Income 2019: -$47,0432019Revenue 2020: $384,581Expenses 2020: $217,293Net Income 2020: $167,2882020Revenue 2021: $288,858Expenses 2021: $236,697Net Income 2021: $52,1612021Revenue 2022: $69,176Expenses 2022: $262,885Net Income 2022: -$193,7092022Revenue 2023: $14,577Expenses 2023: $189,307Net Income 2023: -$174,7302023Revenue 2024: $109,084Expenses 2024: $185,833Net Income 2024: -$76,7492024

Highlighted filing

2019

Revenue$144,184
Expenses$191,227
Net Income-$47,043
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 24, 2020
Return Version
2019v5.0
Gross Receipts
$144,184
Mission and Program Overview

Mission

To improve the quality of life for people in need of affordable housing by developing quality affordable housing and providing a wide range of services and programs to address the social, economic, and physical issues that enable these people to maintain a stable, happy lifestyle.

Program Services

DescriptionGrantsExpenses
PRESENT EVENTS FOR PEOPLE IN NEED OF AFFORDABLE HOUSING THAT UPLIFT THEIR LIVES BY PROVIDING SOCIAL, EMOTIONAL AND SPIRITUAL SUPPORT-$166,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROLYN GILLIAMDirector/CHA-$0--
GAYLE BUSTINSecretary-$0--
CRISTY LOCKWOODDirector-$0--
CAREY PARKERDirector-$0--
ROGER NOOEDirector-$0--
LINDSAY BRAZIERDirector-$0--
STEPHANIE HAYNESDirector-$0--
CHARLES LOMAXDirector-$0--
Filing and Contact Details

Filer

Filer Name
Legacy Housing Foundation Inc
EIN
81-1934833
Phone
8655497441
Address
900 SOUTH GAY STREET STE 2000, KNOXVILLE, TN 37902

Signing Officer

Name
Carolyn Gilliam
Title
Director/chair
Phone
8655495530
Signed
2020-10-24

Preparer

Firm
Adrienne Webster Ea
Address
1528 HIGHLAND AVE, KNOXVILLE, TN 37916-1410
Preparer
Adrienne Webster
Phone
8655919324
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 5,585 office supplies 604 dues & subscription 397 automobile expenses 1,342 conference/meals 935 property insurance 4,829 licenses & permits 334 fundraising expenses 1,946 supplies 39,350 lester one gp 14,621 total 69,943

Form 990-ez, Part II, Line 24

Inventories for sale or use 5,197 5,728 prepaid expenses and deferred charges 1,619 4,216 total 6,816 9,944

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,874 6,060 accrued expenses 17,095 15,233 kingwood investment 1,420 1,707 lester one gp llc investment 0 12,467

Form 990-ez, Part III

To improve the quality of life for people in need of affordable housing by developing quality affordable housing and providing a wide range of services and programs to address the social, economic, and physical issues that enable these people to maintain a stable, happy lifestyle.

Raw XML Appendix165 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 5,585 OFFICE SUPPLIES 604 DUES & SUBSCRIPTION 397 AUTOMOBILE EXPENSES 1,342 CONFERENCE/MEALS 935 PROPERTY INSURANCE 4,829 LICENSES & PERMITS 334 FUNDRAISING EXPENSES 1,946 SUPPLIES 39,350 LESTER ONE GP 14,621 TOTAL 69,943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 5,197 5,728 PREPAID EXPENSES AND DEFERRED CHARGES 1,619 4,216 TOTAL 6,816 9,944
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,874 6,060 ACCRUED EXPENSES 17,095 15,233 KINGWOOD INVESTMENT 1,420 1,707 LESTER ONE GP LLC INVESTMENT 0 12,467
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN NEED OF AFFORDABLE HOUSING BY DEVELOPING QUALITY AFFORDABLE HOUSING AND PROVIDING A WIDE RANGE OF SERVICES AND PROGRAMS TO ADDRESS THE SOCIAL, ECONOMIC, AND PHYSICAL ISSUES THAT ENABLE THESE PEOPLE TO MAINTAIN A STABLE, HAPPY LIFESTYLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLYN GILLIAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08655495530
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGACY HOUSING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0811934833
ReturnHeader/Filer/PhoneNum08655497441
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 SOUTH GAY STREET STE 2000
ReturnHeader/Filer/USAddress/CityNm0KNOXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037902
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm022:01:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274623788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADRIENNE WEBSTER EA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01528 HIGHLAND AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KNOXVILLE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0379161410
ReturnHeader/PreparerPersonGrp/PhoneNum08655919324
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADRIENNE WEBSTER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-10-30T22:01:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings