Civic Intelligence

Aof Oceanside Affordable Housing Corp

990EZ • Fiscal year 2018 • EIN 82-2074654

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileN/A
1000 Parkwood Circle SE No 320Atlanta, GA 30339

(770) 937-0377

Siviq Scores

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

Liabilities / Assets

96th percentile

1.32x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.50x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-60%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

92nd percentile

111%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

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

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$3,167

Up $1,667 (+111%) from 2017

Net Assets

Down

-$1,000

Down $1,000 from 2017

Liabilities

Up

$4,167

Up $2,667 (+178%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin7th percentile

Revenue

Up

$1,667

Up $1,667 from 2017

Expenses

Up

$2,667

Up $2,667 from 2017

Net Income

Down

-$1,000

Down $1,000 from 2017

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$60K$40K$20K$0-$20KAssets 2017: $1,500Liabilities 2017: $1,500Net Assets 2017: $02017Assets 2018: $3,167Liabilities 2018: $4,167Net Assets 2018: -$1,0002018Assets 2019: $23,171Liabilities 2019: $24,981Net Assets 2019: -$1,8102019Assets 2020: $43,175Liabilities 2020: $44,985Net Assets 2020: -$1,8102020Assets 2021: $11,172Liabilities 2021: $26,672Net Assets 2021: -$15,5002021Assets 2022: $13,542Liabilities 2022: $24,757Net Assets 2022: -$11,2152022Assets 2023: $5,233Liabilities 2023: $16,391Net Assets 2023: -$11,1582023Assets 2024: $24,487Liabilities 2024: $39,229Net Assets 2024: -$14,7422024

Highlighted filing

2018

Assets$3,167
Liabilities$4,167
Net Assets-$1,000
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $1,667Expenses 2018: $2,667Net Income 2018: -$1,0002018Revenue 2019: $20,004Expenses 2019: $20,814Net Income 2019: -$8102019Revenue 2020: $20,004Expenses 2020: $20,004Net Income 2020: $02020Revenue 2021: $6,824Expenses 2021: $20,514Net Income 2021: -$13,6902021Revenue 2022: $51,855Expenses 2022: $47,570Net Income 2022: $4,2852022Revenue 2023: $17,361Expenses 2023: $17,304Net Income 2023: $572023Revenue 2024: $20,004Expenses 2024: $23,588Net Income 2024: -$3,5842024

Highlighted filing

2018

Revenue$1,667
Expenses$2,667
Net Income-$1,000
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,667
Mission and Program Overview

Mission

To foster, support, provide, develop, acquire, construct, rehabilitate and/or operate qualified affordable housing for low-to-moderate income persons and families, elderly persons and/or mentally or physically disabled persons.

Program Services

DescriptionGrantsExpenses
GENERAL PARTNERSHIP INTEREST IN A PARTNERSHIP THAT PROVIDES 104 AFFORDABLE HOUSING UNITS TO LOW-INCOME, ELDERLY AND/OR TOTALLY DISABLED PERSONS AND FAMILIES.$0$1,667
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP J KENNEDYPresident, Trustee-$0--
ROBERT R DERRICKTrustee-$0--
WILLIAM F FISHER IIITrustee-$0--
KATHRYN T WALKERVice President, Trustee-$0--
THOMAS J NULLTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Aof Oceanside Affordable Housing Corp
EIN
82-2074654
Phone
7709370377
Address
1000 PARKWOOD CIRCLE SE NO 320, ATLANTA, GA 30339

Signing Officer

Name
Kathryn T Walker
Title
Vice President
Phone
7709370377
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: management fee. Amount: 1,667.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: management fees receivable. Beg. Of year amount: 0. End of year amount: 1,667.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: advance from related party. Beg. Of year amount: 1,500. End of year amount: 2,500. Description: management fees payable. Beg. Of year amount: 0. End of year amount: 1,667.”

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHRYN T WALKER
IRS990EZ/BooksInCareOfDetail/PhoneNum07709370377
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01000 PARKWOOD CIRCLE SE SUITE 320
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030339
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01500
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1000
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01500
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03167
IRS990EZ/GrossReceiptsAmt01667
IRS990EZ/GroupExemptionNum07174
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1000
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP J KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT R DERRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM F FISHER III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHRYN T WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4THOMAS J NULL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT, TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01667
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01667
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER, SUPPORT, PROVIDE, DEVELOP, ACQUIRE, CONSTRUCT, REHABILITATE AND/OR OPERATE QUALIFIED AFFORDABLE HOUSING FOR LOW-TO-MODERATE INCOME PERSONS AND FAMILIES, ELDERLY PERSONS AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS.
IRS990EZ/ProgramServiceRevenueAmt01667
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL PARTNERSHIP INTEREST IN A PARTNERSHIP THAT PROVIDES 104 AFFORDABLE HOUSING UNITS TO LOW-INCOME, ELDERLY AND/OR TOTALLY DISABLED PERSONS AND FAMILIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01667
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01500
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04167
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02667
IRS990EZ/TotalProgramServiceExpensesAmt01667
IRS990EZ/TotalRevenueAmt01667
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01667
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01667
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01667
IRS990ScheduleA/Total509Grp/TotalAmt01667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01667
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MANAGEMENT FEE. AMOUNT: 1,667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEES RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVANCE FROM RELATED PARTY. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 2,500. DESCRIPTION: MANAGEMENT FEES PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,667.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN T WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07709370377
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AOF OCEANSIDE AFFORDABLE HOUSING CORP
ReturnHeader/Filer/BusinessNameControlTxt0AOFO
ReturnHeader/Filer/EIN0822074654
ReturnHeader/Filer/PhoneNum07709370377
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 PARKWOOD CIRCLE SE NO 320
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030339
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E5818099B6202C2E97BFFC27D860DC210FF6364C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0077F012A46FD84E21747C013D6D9730EF5E43211
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.175.123.67
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:47:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582646754
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARTER & COMPANY CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 279
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DESTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032540
ReturnHeader/PreparerPersonGrp/PhoneNum08506500125
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL T BOERMA
ReturnHeader/ReturnTs02019-11-15T12:50:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,167
Liabilities
$4,167
Net assets
-$1,000
Revenue
$1,667
Expenses
$2,667
Net income
-$1,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.5$39.2$14.7$20.0$23.6$3.58
2023Detailed filing. Detailed filing data is available for this year.$5.23$16.4$11.2$17.4$17.3$0.06
2022Detailed filing. Detailed filing data is available for this year.$13.5$24.8$11.2$51.9$47.6$4.29
2021Detailed filing. Detailed filing data is available for this year.$11.2$26.7$15.5$6.82$20.5$13.7
2020Detailed filing. Detailed filing data is available for this year.$43.2$45.0$1.81$20.0$20.0$0.00
2019Detailed filing. Detailed filing data is available for this year.$23.2$25.0$1.81$20.0$20.8$0.81
2018Detailed filing. Detailed filing data is available for this year.$3.17$4.17$1.00$1.67$2.67$1.00
2017Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.00$0.00$0.00$0.00