Civic Intelligence

Pee Wee Homes

990 • Fiscal year 2022 • EIN 82-2624086

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 17, 2024

8410 Merin RdChapel Hill, NC 27516

(919) 590-9023

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$725,689

Up $335,084 (+86%) from 2021

Net Assets

Up

$721,273

Up $334,611 (+87%) from 2021

Liabilities

Up

$4,416

Up $473 (+12%) from 2021

Revenue And Expenses

Revenue

Up

$445,986

Up $265,816 (+148%) from 2021

Expenses

Up

$111,379

Up $85,825 (+336%) from 2021

Net Income

Up

$334,607

Up $179,991 (+116%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $120,421Liabilities 2019: $2,955Net Assets 2019: $117,4662019Assets 2020: $235,339Liabilities 2020: $3,293Net Assets 2020: $232,0462020Assets 2021: $390,605Liabilities 2021: $3,943Net Assets 2021: $386,6622021Assets 2022: $725,689Liabilities 2022: $4,416Net Assets 2022: $721,2732022Assets 2022: $785,689Liabilities 2022: $4,416Net Assets 2022: $781,2732022Assets 2023: $1,060,422Liabilities 2023: $8,721Net Assets 2023: $1,051,7012023Assets 2024: $1,252,230Liabilities 2024: $8,223Net Assets 2024: $1,244,0072024

Highlighted filing

2022

Assets$725,689
Liabilities$4,416
Net Assets$721,273

Operations Trend

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

$600K$400K$200K$0Revenue 2019: $121,959Expenses 2019: $5,869Net Income 2019: $116,0902019Revenue 2020: $122,370Expenses 2020: $7,790Net Income 2020: $114,5802020Revenue 2021: $180,170Expenses 2021: $25,554Net Income 2021: $154,6162021Revenue 2022: $445,986Expenses 2022: $111,379Net Income 2022: $334,6072022Revenue 2022: $505,986Expenses 2022: $111,379Net Income 2022: $394,6072022Revenue 2023: $431,450Expenses 2023: $161,022Net Income 2023: $270,4282023Revenue 2024: $361,795Expenses 2024: $169,619Net Income 2024: $192,1762024

Highlighted filing

2022

Revenue$445,986
Expenses$111,379
Net Income$334,607
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 17, 2024
Return Version
2022v5.0
Gross Receipts
$445,986
Mission and Program Overview

Mission

Pee wee homes builds and manages affordable, accessible, small homes that enable individuals who have previously experienced homelessness to maintain independence within the context of a supportive community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$167,434$395,842▲ $228,408
Cash and Non-Interest-Bearing Accounts$124,924$325,710▲ $200,786
Savings and Temporary Cash Investments$1,369$2,120▲ $751
Prepaid Expenses and Deferred Charges-$2,000-
Accounts Receivable$96,882$17▼ $96,865
Total Assets$390,609$725,689▲ $335,080
Liabilities
Other Liabilities$3,943$4,416▲ $473
Total Liabilities$3,943$4,416▲ $473
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$386,666$624,899▲ $238,233
Net Assets With Donor Restrictions-$96,374-
Total Net Assets Fund Balance$386,666$721,273▲ $334,607
Total Liabilities and Net Assets / Fund Balance$390,609$725,689▲ $335,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$218,733$3,708$222,441
Land$173,800-$173,800
Other Land Buildings$3,309-$3,309
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$411,110
Program Service Revenue
$18,277
Investment Income
$15
Other Revenue
$16,584
All Other Contributions
$335,184
Change in Net Assets
$334,607

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$123,000Appraisal
Total Noncash Contributions1$123,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,027
Salaries, Compensation, and Employee Benefits$45,352
Total Fundraising Expense$5,607
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,467$8,133$4,067$40,667
Occupancy$34,580--$34,580
Fees for Services Other$7,355$3,105-$10,460
Fees for Services Management$6,244$1,984$892$9,120
Depreciation Depletion$3,708--$3,708
Payroll Taxes$2,579$737$369$3,685
Insurance$2,541$180$69$2,790
Information Technology$888$147$56$1,091
Other Employee Benefits$700$200$100$1,000
Other Expenses$212$66$25$303
Office Expenses$170$53$21$244
Total Functional Expenses$91,145$14,627$5,607$111,379
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 Escrow$2,994
Security Deposit$1,844
Payroll Taxes Payable$-422
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No

Governance Explanations

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

The pee wee homes treasurer and executive director review form 990 for accuracy and completeness and send the final copy to the board of directors before filing.

Form 990, Page 6, Part VI, Line 19

We provide our governing documents to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pee Wee Homes
EIN
82-2624086
Phone
9195909023
Address
8410 MERIN RD, CHAPEL HILL, NC 27516

Signing Officer

Name
Libby Searles-bohs
Title
Treasurer
Phone
9195909023
Signed
2024-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Fischbeck
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
71

Preparer

Firm
Ilona W Page CPA Pllc
Address
PO BOX 700, CARRBORO, NC 27510-0700
Preparer
Ilona W Page CPA
Phone
9199601270
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Some expenditures were not correctly allocated among program service, management and general, and fundraising.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0163731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0107146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0792911
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt077559
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0595031
IRS990ScheduleA/SubstantialContributorsTotAmt0197880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0411110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0163731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0107146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0110924
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0792911
IRS990ScheduleA/TotalSupportAmt0792926
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218733
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03708
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0222441
IRS990ScheduleD/LandGrp/BookValueAmt0173800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0173800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03309
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02994
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0395842
IRS990ScheduleD/TotalLiabilityAmt04416
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0123000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME EXPENDITURES WERE NOT CORRECTLY ALLOCATED AMONG PROGRAM SERVICE, MANAGEMENT AND GENERAL, AND FUNDRAISING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PEE WEE HOMES TREASURER AND EXECUTIVE DIRECTOR REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS AND SEND THE FINAL COPY TO THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WE PROVIDE OUR GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0390609
IRS990/TotalAssetsEOYAmt0725689
IRS990/TotalAssetsGrp/BOYAmt0390609
IRS990/TotalAssetsGrp/EOYAmt0725689
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0411110
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05607
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014627
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt091145
IRS990/TotalFunctionalExpensesGrp/TotalAmt0111379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03943
IRS990/TotalLiabilitiesEOYAmt04416
IRS990/TotalLiabilitiesGrp/BOYAmt03943
IRS990/TotalLiabilitiesGrp/EOYAmt04416
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0386666
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0721273
IRS990/TotalProgramServiceExpensesAmt091145
IRS990/TotalProgramServiceRevenueAmt018277
IRS990/TotalRevenueGrp/ExclusionAmt015
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034861
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0445986
IRS990/TotalVolunteersCnt071
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0390609
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0725689
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt08410 MERIN ROAD
IRS990/USAddress/CityNm0CHAPEL HILL
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027516

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