Civic Intelligence

Stable Home Fund

990 • Fiscal year 2020 • EIN 83-2693661

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 13, 2021

215 West 125th Street Rm 413New York, NY 10027-4426

(818) 641-8350

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.23x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

73%

Higher net margin than 91% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$364,869

No earlier filing loaded for comparison.

Net Assets

$277,637

No earlier filing loaded for comparison.

Liabilities

$87,232

No earlier filing loaded for comparison.

Revenue

$384,993

No earlier filing loaded for comparison.

Expenses

$102,447

No earlier filing loaded for comparison.

Net Income

$282,546

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2020: $364,869Liabilities 2020: $87,232Net Assets 2020: $277,6372020Assets 2021: $2,937,581Liabilities 2021: $1,929,326Net Assets 2021: $1,008,2552021Assets 2022: $3,578,336Liabilities 2022: $2,664,063Net Assets 2022: $914,2732022Assets 2023: $5,103,192Liabilities 2023: $8,137,918Net Assets 2023: -$3,034,7262023Assets 2024: $3,912,353Liabilities 2024: $4,204,814Net Assets 2024: -$292,4612024

Highlighted filing

2020

Assets$364,869
Liabilities$87,232
Net Assets$277,637

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2020: $384,993Expenses 2020: $102,447Net Income 2020: $282,5462020Revenue 2021: $1,945,762Expenses 2021: $1,215,144Net Income 2021: $730,6182021Revenue 2022: $6,074,136Expenses 2022: $4,513,847Net Income 2022: $1,560,2892022Revenue 2023: $4,016,135Expenses 2023: $7,965,134Net Income 2023: -$3,948,9992023Revenue 2024: $7,237,186Expenses 2024: $4,494,921Net Income 2024: $2,742,2652024

Highlighted filing

2020

Revenue$384,993
Expenses$102,447
Net Income$282,546
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 13, 2021
Return Version
2020v4.0
Gross Receipts
$384,993
Mission and Program Overview

Mission

We seek to empower marginalized Americans through the innovative reporting of financial data to mainstream financial institutions. We also provide zero interest rate micro-loans to individuals who need financial assistance meeting monthly rental payments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$550$279,869▲ $279,319
Rtn Earn Endowment Incm Other Fnds$-4,908$277,637▲ $282,545
Accounts Receivable$0$84,767▲ $84,767
Prepaid Expenses and Deferred Charges$466$233▼ $233
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,016$364,869▲ $363,853
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$84,767▲ $84,767
Other Liabilities$5,924$2,465▼ $3,459
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,924$87,232▲ $81,308
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,908$277,637▲ $282,545
Total Liabilities and Net Assets / Fund Balance$1,016$364,869▲ $363,853
Compensation and Service Providers

Board Members and Trustees

NameTitle
Samir GoelDirector
Wemimo AbbeyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$384,993
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$384,993
Change in Net Assets
$282,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,226
Other Expenses$2,221
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$100,226--$100,226
Office Expenses$0$2,221$0$2,221
Total Functional Expenses$100,226$2,221$0$102,447
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Wemimo AbbeyDirector of both organizationsProvision of grant funding from Esusu Financial to Rent ReporterNo$162,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Owing to related party$2,465
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 8B

Minutes are taken during formal board meetings. Minutes are not taken during regular management meetings that occur on a weekly basis.

Part VI, Section B, Line 11B

No review was or will be conducted

Part VI, Section B, Line 12C

If the organization is going to be charged for goods or services by a related party, the pricing will be assessed and substantiated to ensure that it is arms length in nature. The organization may not lend funds to officers or employees.

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Rent Reporter Inc
EIN
83-2693661
In Care Of
% Samir Goel
Address
215 WEST 125TH STREET RM 413, NEW YORK, NY 10027-4426

Signing Officer

Name
Robert Henning
Title
Accountant
Signed
2021-04-13
Discuss with paid preparer
No

Organization Details

Formed
2018
Legal Domicile
De
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| Rounding, Rounding, $-1|

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0384993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0384993
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/AgentTrusteeEtcInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Owing to related party
IRS990ScheduleD/TotalLiabilityAmt02465
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0100226
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Rent relief assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0200
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0We pay the proceeds directly into the bank account of the recipient's landlord so that we know the funds will cover the recipient's rent.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Rent relief assistance, 200, Rent relief payout total divided by typical payout|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Wemimo Abbey
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director of both organizations
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0162000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Provision of grant funding from Esusu Financial to Rent Reporter
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Minutes are taken during formal board meetings. Minutes are not taken during regular management meetings that occur on a weekly basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2If the organization is going to be charged for goods or services by a related party, the pricing will be assessed and substantiated to ensure that it is arms length in nature. The organization may not lend funds to officers or employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Description:, Explanation:, Amount:| Rounding, Rounding, $-1|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StateRequiredReservesAmt00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01016
IRS990/TotalAssetsEOYAmt0364869
IRS990/TotalAssetsGrp/BOYAmt01016
IRS990/TotalAssetsGrp/EOYAmt0364869
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0384993
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02221
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100226
IRS990/TotalFunctionalExpensesGrp/TotalAmt0102447
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05924
IRS990/TotalLiabilitiesEOYAmt087232
IRS990/TotalLiabilitiesGrp/BOYAmt05924
IRS990/TotalLiabilitiesGrp/EOYAmt087232
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4908
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0277637
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0100226
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0384993
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01016
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364869
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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