Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$2,952,217
Up $311,038 (+12%) from 2023
Net Assets
Up$2,652,217
Up $15,088 (+0.6%) from 2023
Liabilities
Up$300,000
Up $295,950 (+7307%) from 2023
Revenue
Down$68,515
Down $238,062 (-78%) from 2023
Expenses
Up$53,427
Up $10,232 (+24%) from 2023
Net Income
Down$15,088
Down $248,294 (-94%) from 2023
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 | $2,637,129 | $2,652,217 | ▲ $15,088 |
| Land, Buildings, and Equipment, Net | $693,201 | $2,450,251 | ▲ $1,757,050 |
| Savings and Temporary Cash Investments | $1,187,324 | $0 | ▼ $1,187,324 |
| Investments Other Securities | $572,413 | $463,259 | ▼ $109,154 |
| Loans From Officers Directors | $0 | $300,000 | ▲ $300,000 |
| Cash and Non-Interest-Bearing Accounts | $188,059 | $38,707 | ▼ $149,352 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $2,641,179 | $2,952,217 | ▲ $311,038 |
| Other Assets Total | $182 | $0 | ▼ $182 |
| Liabilities | |||
| Other Liabilities | $4,050 | $0 | ▼ $4,050 |
| Total Liabilities | $4,050 | $300,000 | ▲ $295,950 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,637,129 | $2,652,217 | ▲ $15,088 |
| Total Liabilities and Net Assets / Fund Balance | $2,641,179 | $2,952,217 | ▲ $311,038 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $1,883,051 | - | $1,883,051 |
| Buildings | $563,911 | $56,243 | $620,154 |
| Other Land Buildings | $3,289 | $1,410 | $4,699 |
| Other Securities | $463,259 | - | - |
| Name | Title |
|---|---|
| Avtandil Garakanidze | President |
| Kevetan Lashkhi | Vice President, Treasurer |
| Irakli Garakanidze | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $53,427 |
| 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 | $17,461 | - | - | $17,461 |
| Insurance | $3,483 | - | - | $3,483 |
| Fees for Services Legal | - | $2,099 | - | $2,099 |
| Occupancy | - | $1,891 | - | $1,891 |
| Fees for Services Other | $997 | - | - | $997 |
| Other Expenses | $5,583 | $696 | - | $696 |
| Office Expenses | - | $127 | - | $127 |
| Total Functional Expenses | $48,614 | $4,813 | $0 | $53,427 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Avtandil Garakanidze | President | Purchase Program Housing at Fmv | No | $1,750,000 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $300,000 | ▲ $300,000 |
“Avtandil garakanidze and kevetan lashkhi are married. Avtandil garakanidze and irakli garakanidze are brothers.”
“Board members receive a copy of the 990 for discussion and review prior to signing and filing.”
“The directors and officers must annually sign a document that they have received, read and agree to abide by the conflict of interest policy. Each board member is required to disclose any potential conflicts.”
“There is no salary paid yet, but the officers will establish salary guidleines for its staff/officers in accordance with comparability data from independent sources.”
“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.”
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/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4088076970 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 16185 LOS GATOS BLVD 205 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS GATOS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 95032 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 188059 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 38707 |
| 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 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 18908 |
| IRS990/CYOtherExpensesAmt | 0 | 53427 |
| IRS990/CYOtherRevenueAmt | 0 | 4227 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 45380 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 15088 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 53427 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 68515 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 17461 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 17461 |
| 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 2024 TO LOW INCOME HOUSEHOLDS. THE NONPROFIT HAS AN INVESTMENT IN A LOW-INCOME MULTIFAMILY PROPERTY AS WELL. DURING 2024 A RESIDENTIAL PROPERTY WAS PURCHASED FOR THE PURPOSE OF RENTAL TO LOW TO MIDDLE INCOME HOUSING. |
| 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 | 48614 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2099 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2099 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 997 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 997 |
| 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 | 68515 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3483 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3483 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18908 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 18908 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 572413 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 463259 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 57653 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 693201 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2450251 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2507904 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 300000 |
| 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 | 2637129 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2652217 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1891 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1891 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 127 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 127 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 182 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROPERTY MANAGEMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | MAINTENANCE AND REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 696 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 10742 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10348 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 5583 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10742 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10348 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5583 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 696 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4050 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | INVESTMENT IN GLENWOOD |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4227 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4227 |
| IRS990/OtherRevenueTotalAmt | 0 | 4227 |
| 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 | 45380 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 45380 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 200100 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 53268 |
| IRS990/PYOtherExpensesAmt | 0 | 43195 |
| IRS990/PYOtherRevenueAmt | 0 | 2659 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 50550 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 263382 |
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| IRS990/PYTotalExpensesAmt | 0 | 43195 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 306577 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 15088 |
| 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 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 49607 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2637129 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2652217 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1187324 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| 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 AND WAS ABLE TO PURCHASE ADDITIONAL HOUSING IN 2024 THAT WILL SUPPORT THE MISSION.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 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 200100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 300000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 525135 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 450000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1475235 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 18908 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50267 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 20697 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 89872 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 206303 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.14790 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.12840 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 231402 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1243833 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 200100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 300000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 525135 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 450000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1475235 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1565107 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 563911 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 56243 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 620154 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1883051 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1883051 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 3289 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1410 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4699 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 463259 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | GLENWOOD APARTMENT HOLDINGS LLC - LOW INCOME RENTALS |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2450251 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 463259 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | PRESIDENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 1750000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | PURCHASE PROGRAM HOUSING AT FMV |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 300000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | PURCHASE PROGRAM REAL ESTATE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 300000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | AVTANDIL GARAKANIDZE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | DUE TO THE DIFFICULTY IN OBTAINING AFFORDABLE PROPERTY AND FINANCING ON THE OPEN MARKET, THE PRESIDENT PURCHASED LOW-INCOME PROGRAM HOUSING SUITABLE FOR HUD. HE THEN SOLD THE PROPERTY TO THE NONPROFIT FOR THE SAME AMOUNT THAT HE PAID AND OFFERED SELLER FINANCING FOR PART OF THE SALES PRICE. THE HOME IS IN THE REDEVELOPMENT PHASE TO INCREASE DENSITY FOR HUD APPROVED HOMES. THE LOAN IS THE FIRST LIEN ON THE PROPERTY. |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 1 | DUE TO THE DIFFICULTY IN OBTAINING AFFORDABLE PROPERTY AND FINANCING ON THE OPEN MARKET, THE PRESIDENT PURCHASED LOW-INCOME PROGRAM HOUSING SUITABLE FOR HUD. HE THEN SOLD THE PROPERTY TO THE NONPROFIT FOR THE SAME AMOUNT THAT HE PAID AND OFFERED SELLER FINANCING FOR PART OF THE SALES PRICE. THE HOME IS IN THE REDEVELOPMENT PHASE TO INCREASE DENSITY FOR HUD APPROVED HOMES. THE LOAN IS THE FIRST LIEN ON THE PROPERTY AND HOLDS A DISCOUNTED INTEREST RATE TO MAKE IT MORE AFFORDABLE TO THE NONPROFIT. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART IV, LINE 1 |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE L, PART II, LINE 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 300000 |
| 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 | BOARD MEMBERS RECEIVE A COPY OF THE 990 FOR DISCUSSION AND REVIEW PRIOR TO SIGNING AND FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE DIRECTORS AND OFFICERS MUST ANNUALLY SIGN A DOCUMENT THAT THEY HAVE RECEIVED, READ AND AGREE TO ABIDE BY THE CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE IS NO SALARY PAID YET, BUT THE OFFICERS WILL ESTABLISH SALARY GUIDLEINES FOR ITS STAFF/OFFICERS IN ACCORDANCE WITH COMPARABILITY DATA FROM INDEPENDENT SOURCES. |
| 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/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 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 874568956 |
| 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 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 0 | 463259 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 0 | 4227 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 30 N GOULD ST STE 26020 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | SHERIDAN |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | WY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 82801 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| 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 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2641179 |
| IRS990/TotalAssetsEOYAmt | 0 | 2952217 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2641179 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2952217 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 4813 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 48614 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 53427 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4050 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 300000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4050 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 300000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2637129 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2652217 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 48614 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 45380 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 18908 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 49607 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 68515 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2641179 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2952217 |
| 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 | 1 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TYRDEVELOPMENT.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| 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 | 2025-10-28 |
| 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 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 911956265 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ANDERSON GLOBAL BUSINESS GROUP LLC |
| 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 | 2025-10-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KARIM HANAFY |
| ReturnHeader/ReturnTs | 0 | 2025-10-28T16:12:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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Displayed year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.