Civic Intelligence

Aof Oceanside Affordable Housing Corp

990EZ • Fiscal year 2019 • EIN 82-2074654

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

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

95th percentile

1.08x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.25x

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

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

Net Margin

32nd percentile

-4.0%

Higher net margin than 32% 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

98th percentile

632%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

99th percentile

1100%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$23,171

Up $20,004 (+632%) from 2018

Net Assets

Down

-$1,810

Down $810 (-81%) from 2018

Liabilities

Up

$24,981

Up $20,814 (+499%) from 2018

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin32nd percentile

Revenue

Up

$20,004

Up $18,337 (+1100%) from 2018

Expenses

Up

$20,814

Up $18,147 (+680%) from 2018

Net Income

Up

-$810

Up $190 (+19%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2019

Assets$23,171
Liabilities$24,981
Net Assets-$1,810
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

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

2019

Revenue$20,004
Expenses$20,814
Net Income-$810
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$20,004
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$20,004
Compensation and Service Providers
Top Officer Pay77th 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
2020-11-05
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: 20,004. Description: licenses, fees & registrations. Amount: 60. Description: insurance. Amount: 250. Total to form 990-ez, line 16: 20,314.”

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

“Description: management fees receivable. Beg. Of year amount: 1,667. End of year amount: 21,671.”

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

“Description: advance from related party. Beg. Of year amount: 2,500. End of year amount: 3,310. Description: management fees payable. Beg. Of year amount: 1,667. End of year amount: 21,671.”

Raw XML Appendix154 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/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
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IRS990EZ/ExcessOrDeficitForYearAmt0-810
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IRS990EZ/ForeignFinancialAccountInd00
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IRS990EZ/GrossReceiptsAmt020004
IRS990EZ/GroupExemptionNum07174
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-1000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1810
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-1000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1810
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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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/BOYAmt01667
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021671
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020314
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/ProgramServiceRevenueAmt020004
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/ProgramServiceExpensesAmt020004
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04167
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt024981
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt020814
IRS990EZ/TotalProgramServiceExpensesAmt020004
IRS990EZ/TotalRevenueAmt020004
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt020004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt021671
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt021671
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020004
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01667
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt020004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01667
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt021671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MANAGEMENT FEE. AMOUNT: 20,004. DESCRIPTION: LICENSES, FEES & REGISTRATIONS. AMOUNT: 60. DESCRIPTION: INSURANCE. AMOUNT: 250. TOTAL TO FORM 990-EZ, LINE 16: 20,314.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEES RECEIVABLE. BEG. OF YEAR AMOUNT: 1,667. END OF YEAR AMOUNT: 21,671.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVANCE FROM RELATED PARTY. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 3,310. DESCRIPTION: MANAGEMENT FEES PAYABLE. BEG. OF YEAR AMOUNT: 1,667. END OF YEAR AMOUNT: 21,671.
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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN T WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07709370377
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-05
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/AtSubmissionCreationDeviceId0483DB7E02AB32EB6E5C71559299112F0D99B7ED7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0400490F3478EF868A2AC9333A3F270ADFEC98BF0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.175.123.67
ReturnHeader/FilingSecurityInformation/IPDt02020-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:46:15
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/ReturnTs02020-11-06T12:05:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,171
Liabilities
$24,981
Net assets
-$1,810
Revenue
$20,004
Expenses
$20,814
Net income
-$810
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits