Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Liabilities / Revenue
28th percentile
Higher debt load relative to revenue than 28% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Up$2,641,179
Up $266,182 (+11%) from 2022
Net Assets
Up$2,637,129
Up $263,382 (+11%) from 2022
Liabilities
Up$4,050
Up $2,800 (+224%) from 2022
Revenue
Down$306,577
Down $22,977 (-7.0%) from 2022
Expenses
Up$43,195
Up $14,981 (+53%) from 2022
Net Income
Down$263,382
Down $37,958 (-13%) from 2022
We are dedicated to providing affordable, quality, safe housing to underprivileged, low to middle income households throughout the united states.
To provide affordable, quality, safe housing to underprivileged, low to middle income households
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $2,373,747 | $2,637,129 | ▲ $263,382 |
| Savings and Temporary Cash Investments | $997,100 | $1,187,324 | ▲ $190,224 |
| Land, Buildings, and Equipment, Net | $460,450 | $693,201 | ▲ $232,751 |
| Investments Other Securities | $455,821 | $572,413 | ▲ $116,592 |
| Cash and Non-Interest-Bearing Accounts | $411,626 | $188,059 | ▼ $223,567 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $2,374,997 | $2,641,179 | ▲ $266,182 |
| Other Assets Total | $50,000 | $182 | ▼ $49,818 |
| Liabilities | |||
| Other Liabilities | $1,250 | $4,050 | ▲ $2,800 |
| Total Liabilities | $1,250 | $4,050 | ▲ $2,800 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,373,747 | $2,637,129 | ▲ $263,382 |
| Total Liabilities and Net Assets / Fund Balance | $2,374,997 | $2,641,179 | ▲ $266,182 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $405,921 | $39,722 | $445,643 |
| Land | $283,051 | - | $283,051 |
| Other Land Buildings | $4,229 | $470 | $4,699 |
| Other Securities | $114,632 | - | - |
| Name | Title |
|---|---|
| Avtandil Garakanidze | President |
| Kevetan Lashkhi | Vice President, Treasurer |
| Irakli Garakanidze | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $43,195 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $15,899 | - | - | $15,899 |
| Fees for Services Other | $5,457 | $407 | - | $5,864 |
| Fees for Services Legal | - | $3,460 | - | $3,460 |
| Other Expenses | $2,049 | - | - | $2,049 |
| Occupancy | $140 | $1,140 | - | $1,280 |
| Insurance | $1,021 | - | - | $1,021 |
| Office Expenses | - | $738 | - | $738 |
| Total Functional Expenses | $37,450 | $5,745 | $0 | $43,195 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposit | $4,050 |
“Avtandil garakanidze and kevetan lashkhi are married. Avtandil garakanidze and irakli garakanidze are brothers.”
“The governing body is the president, vice president/treasurer and secretary. Each are voting members.”
“Each board member is required to disclose any potential conflicts and sign a statement annually.”
“The officers will establish salary guidleines for its staff.”
“Form 1023 and 990 are available for the public review upon request.”
“The nonprofit pays outside service providers to generate its governing documents. The financial statements are available to the public for review upon request.”
“Dues & subscriptions: program service expenses 0. Management and general expenses 144. Fundraising expenses 0. Total expenses 144. Property inspections: program service expenses 5,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,457. Bank fees: program service expenses 0. Management and general expenses 263. Fundraising expenses 0. Total expenses 263.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE AFFORDABLE, QUALITY, SAFE HOUSING TO UNDERPRIVILEGED, LOW TO MIDDLE INCOME HOUSEHOLDS |
| IRS990/AllOtherContributionsAmt | 0 | 200100 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4088076970 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 561 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS GATOS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 95031 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 411626 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 188059 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 200100 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 53268 |
| IRS990/CYOtherExpensesAmt | 0 | 43195 |
| IRS990/CYOtherRevenueAmt | 0 | 2659 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 50550 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 263382 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 43195 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 306577 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 15899 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 15899 |
| IRS990/Desc | 0 | PROVIDED AFFORDABLE, QUALITY, SAFE HOUSING TO UNDERPRIVILEGED, LOW TO MIDDLE INCOME HOUSEHOLDS THROUGHOUT THE UNITED STATES.A MULTI-UNIT RESIDENTIAL RENTAL PROPERTY CONTINUED TO BE RENTED THROUGHOUT 2023 TO LOW INCOME HOUSEHOLDS. THE NONPROFIT HAS AN INVESTMENT IN A LOW-INCOME MULTIFAMILY PROPERTY AS WELL. DURING 2023 A DONATION WAS OBTAINED ALLOWING THE NONPROFIT TO PURCHASE LAND. THE ORGANIZATION IS CONSIDERING WAYS TO USE THIS FOR THEIR MISSION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 37450 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 3460 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3460 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 407 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 5457 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 5864 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KEVETAN LASHKHI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | IRAKLI GARAKANIDZE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT, TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 306577 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1021 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1021 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 50268 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3000 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 53268 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 455821 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 572413 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 40192 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 460450 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 693201 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 733393 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | WE ARE DEDICATED TO PROVIDING AFFORDABLE, QUALITY, SAFE HOUSING TO UNDERPRIVILEGED, LOW TO MIDDLE INCOME HOUSEHOLDS THROUGHOUT THE UNITED STATES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2373747 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2637129 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1140 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 140 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1280 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 738 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 738 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 50000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 182 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MAINTENANCE AND REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 1 | PROPERTY MANAGEMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 8816 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 4068 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2049 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8816 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 4068 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2049 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1250 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4050 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | INVESTMENT IN GLENWOOD |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2659 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2659 |
| IRS990/OtherRevenueTotalAmt | 0 | 2659 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOW INCOME RENT PAYMEN |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 50550 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 50550 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 300000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 20697 |
| IRS990/PYOtherExpensesAmt | 0 | 28214 |
| IRS990/PYOtherRevenueAmt | 0 | -44179 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 53036 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 301340 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 28214 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 329554 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 263382 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 56209 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2373747 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2637129 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 997100 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1187324 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | TYR DEVELOPMENT CO MEETS THE 10% FACTS AND CIRCUMSTANCES TEST IN REGULATIONS SECTION 1.170A-9(F)(3).THE ORGANIZATION HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC IN ORDER TO RAISE FUNDS TO PROVIDE AFFORDABLE HOUSING TO THOSE IN NEED AND TO PROVIDE HUMANITARIAN RELIEF TO INDIVIDUALS.THE NONPROFIT WAS ABLE TO ARRANGE DONATIONS FROM VARIOUS DONORS THAT PROVIDED THE NONPROFIT WITH THE NECESSARY FUNDS NEEDED IN ORDER TO DEVELOP THE PROGRAM AND ATTRACT ATTENTION FROM THE GENERAL PUBLIC. THIS INCLUDED A DONATION THAT ALLOWED THE NONPROFIT TO PURCHASE A MULTIFAMILY LOW-INCOME APARTMENT BUILDING THAT THE NONPROFIT USED TO PROVIDE AFFORDABLE HOUSING. DURING 2023, THE NONPROFIT RECEIVED A LARGE DONATION FROM ANOTHER NONPROFIT ENTITY.THE NONPROFIT HAD A SLOWER THAN ANTICIPATED START TO THESE PUBLICLY SUPPORTED ACTIVITIES DUE TO THE GLOBAL COVID PANDEMIC THAT BEGAN IN 2020. THIS WAS ONLY SHORTLY AFTER THE NONPROFIT WAS CREATED. THIS AFFECTED PEOPLE'S ABILITY TO DONATE AS MANY HAD LOST THEIR JOBS AND THE OVERALL STRESS OF THIS PANDEMIC SLOWED THE STARTUP AND ABILITY TO FUNDRAISE. HOWEVER, THE NONPROFIT WAS ABLE TO PROVIDE HOUSING TO LOW-INCOME INDIVIDUALS/FAMILIES WITH THE DONATIONS ALREADY RECEIVED. THE NONPROFIT HAS A WELL-QUALIFIED BOARD WITH DIVERSE BACKGROUNDS, SKILL SETS AND PERSPECTIVES WHO ARE ABLE TO REPRESENT THE BROAD INTERESTS OF THE PUBLIC. THEY ARE FOCUSED ON WAYS TO INCREASE THE NONPROFIT'S PUBLIC SUPPORT EVEN FURTHER, IN ORDER TO FUND THEIR MISSION TO PROVIDE AFFORDABLE HOUSING TO THOSE IN NEED. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 200100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 300000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 525135 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 450000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 300000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1775235 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 50267 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20697 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 70964 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 165426 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.12840 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.02000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 237024 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1538211 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 200100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 300000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 525135 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 450000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 300000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1775235 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1846199 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 405921 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 39722 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 445643 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 283051 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 283051 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 4229 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 470 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4699 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4050 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 457781 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 114632 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | GLENWOOD APARTMENT HOLDINGS LLC - LOW INCOME RENTALS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | CRYPTO INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 693201 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 572413 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4050 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AVTANDIL GARAKANIDZE AND KEVETAN LASHKHI ARE MARRIED. AVTANDIL GARAKANIDZE AND IRAKLI GARAKANIDZE ARE BROTHERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GOVERNING BODY IS THE PRESIDENT, VICE PRESIDENT/TREASURER AND SECRETARY. EACH ARE VOTING MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS AND SIGN A STATEMENT ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE OFFICERS WILL ESTABLISH SALARY GUIDLEINES FOR ITS STAFF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FORM 1023 AND 990 ARE AVAILABLE FOR THE PUBLIC REVIEW UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE NONPROFIT PAYS OUTSIDE SERVICE PROVIDERS TO GENERATE ITS GOVERNING DOCUMENTS. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR REVIEW UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 144. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144. PROPERTY INSPECTIONS: PROGRAM SERVICE EXPENSES 5,457. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,457. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 263. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 263. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
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| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | WY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.50000 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 0 | INVESTMENT |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | REAL ESTATE RENTAL TO LOW INCOME FAMILIES |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | GLENWOOD APARTMENT HOLDINGS LLC |
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| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | SHERIDAN |
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| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2374997 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2641179 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 200100 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 5745 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 37450 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 43195 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1250 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4050 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1250 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4050 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2373747 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2637129 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 37450 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 50550 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 50268 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 56209 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 306577 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2374997 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2641179 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 20 S SANTA CRUZ AVE 300 |
| IRS990/USAddress/CityNm | 0 | LOS GATOS |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 95030 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TYRDEVELOPMENT.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4088076970 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-06-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TYR DEVELOPMENT CO |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TYRD |
| ReturnHeader/Filer/EIN | 0 | 832487236 |
| ReturnHeader/Filer/PhoneNum | 0 | 4088076970 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3225 MCLEOD DR STE 100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAS VEGAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NV |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 89121 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 911956265 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ANDERSON LAW GROUP PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3225 MCLEOD DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LAS VEGAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NV |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 89121 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8889692677 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-06-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KARIM HANAFY |
| ReturnHeader/ReturnTs | 0 | 2024-06-24T09:03:39-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | AVTANDIL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GARAKANIDZE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.