Civic Intelligence

Garden City Development Corporation

EIN 83-4586449 • 501(c)3 • Akron, OH

Profile

Garden city development corporation exists to promote community engagement, neighborhood revitalization, and home ownership on the near west side of akron.

2874 Mohawk AvenueAkron, OH 44312

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$93,275

No earlier filing loaded for comparison.

Liabilities

$21

No earlier filing loaded for comparison.

Net Assets

$93,254

No earlier filing loaded for comparison.

Revenue

$112,760

No earlier filing loaded for comparison.

Expenses

$19,506

No earlier filing loaded for comparison.

Net Income

$93,254

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2019: $93,275Liabilities 2019: $21Net Assets 2019: $93,2542019

Highlighted filing

2019

Assets$93,275
Liabilities$21
Net Assets$93,254

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2019: $112,760Expenses 2019: $19,506Net Income 2019: $93,2542019

Highlighted filing

2019

Revenue$112,760
Expenses$19,506
Net Income$93,254

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.13$0.20$0.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 29, 2019 to Dec 31, 2019
Signed
Jan 11, 2022
Return Version
2019v5.2
Gross Receipts
$112,760
Mission and Program Overview

Mission

Garden city development corporation exists to promote community engagement, neighborhood revitalization, and home ownership on the near west side of akron.

Program Services

DescriptionGrantsExpenses
LAWN CARE INITIATIVE - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO THROUGH A LAWN CARE INITIATIVE AIMED AT PROVIDING JOBS FOR UNDER PRIVILEGED COMMUNITY MEMBERS AND TO BEAUTIFY AKRON, OHIO AND SURROUNDING COMMUNITIES.$0$15,715
LOW COST HOME RENTAL - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO BY PROVIDING LOWER-COST HOME RENTAL OPPORTUNITIES FOR COMMUNITY MEMBERS AS WELL AS A PATH TO HOME OWNERSHIP$0$3,791
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN KUNKLERPresident-$0--
BROCK KERTOYSecretary-$0--
JACOB KROSLAKTreasurer-$0--
KEMP BOYDTrustee-$0--
VONTAIRE THOMASTrustee-$0--
DAVE THOMASTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Garden City Development Corporation
EIN
83-4586449
Phone
3306201630
Address
2874 MOHAWK AVENUE, AKRON, OH 44312

Signing Officer

Name
Brian Kunkler
Title
President
Phone
3306201630
Signed
2022-01-11
Discuss with paid preparer
Yes

Preparer

Firm
Sikich Llp
Address
274 WHITE POND DRIVE, AKRON, OH 44320-1118
Preparer
Jill M Boyle CPA
Phone
3308646661
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: 123 balch street. Amount: 2,530. Total to form 990-ez, line 14: 3,791.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 696. Description: utilities. Amount: 2,099. Description: washer and dryer. Amount: 996.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 135. Description: equipment. Amount: 1,600. Description: flowers. Amount: 827. Description: fuel. Amount: 1,816. Description: gifts. Amount: 200. Description: insurance. Amount: 3,901. Description: meals. Amount: 340. Description: miscellaneous. Amount: 154. Description: mulch. Amount: 2,308. Description: software license. Amount: 21. Description: supplies. Amount: 2,941. Description: topsoil. Amount: 285. Description: vehicle registration. Amount: 224. Total to form 990-ez, line 16: 14,752.

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

Description: loan receivable. Beg. Of year amount: 0. End of year amount: 1,000. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 8,500.

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

Description: credit card payable. Beg. Of year amount: 0. End of year amount: 21.

Raw XML Appendix171 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN KUNKLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BROCK KERTOY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAVE THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GARDEN CITY DEVELOPMENT CORPORATION EXISTS TO PROMOTE COMMUNITY ENGAGEMENT, NEIGHBORHOOD REVITALIZATION, AND HOME OWNERSHIP ON THE NEAR WEST SIDE OF AKRON.
IRS990EZ/ProgramServiceRevenueAmt025055
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LAWN CARE INITIATIVE - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO THROUGH A LAWN CARE INITIATIVE AIMED AT PROVIDING JOBS FOR UNDER PRIVILEGED COMMUNITY MEMBERS AND TO BEAUTIFY AKRON, OHIO AND SURROUNDING COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LOW COST HOME RENTAL - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO BY PROVIDING LOWER-COST HOME RENTAL OPPORTUNITIES FOR COMMUNITY MEMBERS AS WELL AS A PATH TO HOME OWNERSHIP
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION BEGAN OPERATIONS IN APRIL OF 2019. AMOUNTS IN THE CURRENT 2019 COLUMN ARE FOR SHORT YEAR 04/29/19 - 12/31/19.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: 123 BALCH STREET. AMOUNT: 2,530. TOTAL TO FORM 990-EZ, LINE 14: 3,791.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 696. DESCRIPTION: UTILITIES. AMOUNT: 2,099. DESCRIPTION: WASHER AND DRYER. AMOUNT: 996.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK CHARGES. AMOUNT: 135. DESCRIPTION: EQUIPMENT. AMOUNT: 1,600. DESCRIPTION: FLOWERS. AMOUNT: 827. DESCRIPTION: FUEL. AMOUNT: 1,816. DESCRIPTION: GIFTS. AMOUNT: 200. DESCRIPTION: INSURANCE. AMOUNT: 3,901. DESCRIPTION: MEALS. AMOUNT: 340. DESCRIPTION: MISCELLANEOUS. AMOUNT: 154. DESCRIPTION: MULCH. AMOUNT: 2,308. DESCRIPTION: SOFTWARE LICENSE. AMOUNT: 21. DESCRIPTION: SUPPLIES. AMOUNT: 2,941. DESCRIPTION: TOPSOIL. AMOUNT: 285. DESCRIPTION: VEHICLE REGISTRATION. AMOUNT: 224. TOTAL TO FORM 990-EZ, LINE 16: 14,752.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LOAN RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 21.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReasonableCauseExplanation/ExplanationTxt0THE TAXPAYER IS LATE IN FILING FORM 990-EZ - SHORT FORM RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE 2019 FILING YEAR WAS THE ORGANIZATION'S FIRST YEAR OPERATING AS A SMALL NON-PROFIT ORGANIZATION. THE ORGANIZATION DID NOT RECEIVE IRS ACCEPTANCE OF 501(C)(3) STATUS UNTIL JUNE 29, 2021 AND AS A RESULT THE FILING OF THE INITIAL 2019 990-EZ RETURN WAS LATE.AS WILL BE FURTHER EXPLAINED BELOW, WE DO NOT BELIEVE THAT ANY PENALTY SHOULD BE ASSESSED TO THE TAXPAYER AS THE LATE FILING WAS NOT A RESULT OF WILLFUL NEGLECT, AND ASSESSING THIS PENALTY WOULD IMPOSE UNDUE HARDSHIP ON "GARDEN CITY DEVELOPMENT CORPORATION". AS PROVIDED UNDER IRC SECTION 6652(C)(4), NO PENALTY WILL BE IMPOSED FOR LATE FILING IF THE TAXPAYER CAN DEMONSTRATE REASONABLE CAUSE AS TO HOW THE LATE FILING OCCURED. THE FOLLOWING STATEMENT OF REASONABLE CAUSE IS PRESENTED TO JUSTIFY THE POSITION THAT NO PENALTIES SHOULD BE ASSESSED IN THIS SITUATION FOR THE LATE FILING OF THE FORM 990-EZ.GARDEN CITY DEVELOPMENT CORPORATION IS A SMALL NONPROFIT CORPORATION (TAX EXEMPT UNDER IRC SECTION 501(C)(3)) WHOSE PRIMARY PURPOSE IS TO PROMOTE COMMUNITY ENGAGEMENT, NEIGHBORHOOD REVITALIZATION, AND HOME OWNERSHIP ON THE NEAR WEST SIDE OF AKRON.DURING 2019, GARDEN CITY DEVELOPMENT CORPORATION WAS IN THE PROCESS OF ESTABLISHING THEMSELVES AS A SMALL 501(C)(3) ORGANIZATION EFFECTIVE APRIL 29, 2019. GROSS RECEIPTS REQUIRED THE ORGANIZATION TO FILE A 990-EZ RETURN FOR THE 2019 FILING YEAR OF APRIL 29, 2019-DECEMBER 31, 2019. THE ORGANIZATION RECEIVED THEIR EXEMPTION DETERMINATION LETTER FROM THE IRS ON JUNE 29, 2021 SO THE RETURN WAS NOT FILED UNTIL AFTER THIS EXEMPTION STATUS WAS APPROVED.AS MENTIONED ABOVE, THE LATE FILING WAS CAUSED BY A DELAY IN IRS EXEMPTION STATUS APPROVAL AND THE ORGANIZATION BEING IN THEIR FIRST FEW YEARS OF OPERATION. THE ORGANIZATION INTENDS TO TIMELY FILE ALL FUTURE RETURNS.WE RESPECTFULLY REQUEST THAT YOU REMOVE THE LATE FILING PENALTY AS IT WOULD BE AGAINST EQUITY AND GOOD CONSCIENCE TO IMPOSE A PENALTY ON THIS SMALL TAX EXEMPT ORGANIZATION. FURTHERMORE, IT WAS NOT AN ACT OF DELIBERATE LATE FILING BUT WAS DUE TO DELAYS IN IRS ACCEPTANCE AND FIRST YEAR OPERATIONS OF A SMALL NON-PROFIT ORGANIZATION.
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN KUNKLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03306201630
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARDEN CITY DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GARD
ReturnHeader/Filer/EIN0834586449
ReturnHeader/Filer/PhoneNum03306201630
ReturnHeader/Filer/USAddress/AddressLine1Txt02874 MOHAWK AVENUE
ReturnHeader/Filer/USAddress/CityNm0AKRON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044312
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363168081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIKICH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0274 WHITE POND DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0443201118
ReturnHeader/PreparerPersonGrp/PhoneNum03308646661
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M BOYLE CPA
ReturnHeader/ReturnTs02022-01-11T12:10:21-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-04-29
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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