Civic Intelligence

Tanner Terrace Inc.

990 • Fiscal year 2024 • EIN 86-0344610

Oct 01, 2023 to Sep 30, 2024 • Filed on Feb 13, 2025

Organization ProfileN/A
700 E Jefferson Street Suite 230Phoenix, AZ 85034

(602) 243-1036

Siviq Scores

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

Liabilities / Assets

96th percentile

1.32x

Higher debt load relative to assets than 96% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.16x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

45th percentile

2.4%

Faster asset growth than 45% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$1,499,739

Up $35,778 (+2.4%) from 2023

Net Assets

Up

-$482,091

Up $23,792 (+4.7%) from 2023

Liabilities

Up

$1,981,830

Up $11,986 (+0.6%) from 2023

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin43rd percentile

Revenue

Down

$1,701,254

Down $822,922 (-33%) from 2023

Expenses

Down

$1,677,462

Down $736,182 (-31%) from 2023

Net Income

Down

$23,792

Down $86,740 (-78%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,081,302Liabilities 2011: $2,202,544Net Assets 2011: -$1,121,2422011Assets 2012: $1,086,944Liabilities 2012: $2,042,894Net Assets 2012: -$955,9502012Assets 2013: $1,056,395Liabilities 2013: $1,808,349Net Assets 2013: -$751,9542013Assets 2014: $978,808Liabilities 2014: $1,558,462Net Assets 2014: -$579,6542014Assets 2015: $1,487,696Liabilities 2015: $2,107,448Net Assets 2015: -$619,7522015Assets 2016: $1,640,307Liabilities 2016: $2,198,839Net Assets 2016: -$558,5322016Assets 2017: $1,566,881Liabilities 2017: $2,075,893Net Assets 2017: -$509,0122017Assets 2018: $1,535,207Liabilities 2018: $2,008,131Net Assets 2018: -$472,9242018Assets 2019: $1,576,013Liabilities 2019: $2,004,281Net Assets 2019: -$428,2682019Assets 2020: $1,530,443Liabilities 2020: $1,966,712Net Assets 2020: -$436,2692020Assets 2021: $1,980,575Liabilities 2021: $2,323,961Net Assets 2021: -$343,3862021Assets 2022: $1,610,430Liabilities 2022: $2,226,845Net Assets 2022: -$616,4152022Assets 2023: $1,463,961Liabilities 2023: $1,969,844Net Assets 2023: -$505,8832023Assets 2024: $1,499,739Liabilities 2024: $1,981,830Net Assets 2024: -$482,0912024

Highlighted filing

2024

Assets$1,499,739
Liabilities$1,981,830
Net Assets-$482,091
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,241,945Expenses 2011: $1,068,679Net Income 2011: $173,2662011Revenue 2012: $1,185,066Expenses 2012: $1,019,774Net Income 2012: $165,2922012Revenue 2013: $1,218,719Expenses 2013: $1,014,723Net Income 2013: $203,9962013Revenue 2014: $1,250,244Expenses 2014: $1,077,944Net Income 2014: $172,3002014Revenue 2015: $1,279,051Expenses 2015: $1,319,149Net Income 2015: -$40,0982015Revenue 2016: $1,313,001Expenses 2016: $1,251,781Net Income 2016: $61,2202016Revenue 2017: $1,346,862Expenses 2017: $1,297,342Net Income 2017: $49,5202017Revenue 2018: $1,371,223Expenses 2018: $1,335,135Net Income 2018: $36,0882018Revenue 2019: $1,406,160Expenses 2019: $1,391,504Net Income 2019: $14,6562019Revenue 2020: $1,436,565Expenses 2020: $1,414,566Net Income 2020: $21,9992020Revenue 2021: $1,449,938Expenses 2021: $1,357,055Net Income 2021: $92,8832021Revenue 2022: $1,615,824Expenses 2022: $1,888,853Net Income 2022: -$273,0292022Revenue 2023: $2,524,176Expenses 2023: $2,413,644Net Income 2023: $110,5322023Revenue 2024: $1,701,254Expenses 2024: $1,677,462Net Income 2024: $23,7922024

Highlighted filing

2024

Revenue$1,701,254
Expenses$1,677,462
Net Income$23,792
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,701,254
Mission and Program Overview

Mission

Tnner terrace provides affordable housing for low income elderly residents.

Tanner terrace provides affordable housing for low income elderly residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$757,982$818,774▲ $60,792
Prepaid Expenses and Deferred Charges-$291,679-
Accounts Receivable$572$15,629▲ $15,057
Loans From Officers Directors-$8,000-
Cash and Non-Interest-Bearing Accounts$60,378$2,927▼ $57,451
Total Assets$1,463,961$1,499,739▲ $35,778
Other Assets Total$645,029$370,730▼ $274,299
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,928,500$1,881,882▼ $46,618
Accounts Payable and Accrued Expenses$35,273$83,032▲ $47,759
Other Liabilities$6,071$8,916▲ $2,845
Total Liabilities$1,969,844$1,981,830▲ $11,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-505,883$-482,091▲ $23,792
Total Net Assets Fund Balance$-505,883$-482,091▲ $23,792
Total Liabilities and Net Assets / Fund Balance$1,463,961$1,499,739▲ $35,778

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$230,403$5,081,668$5,312,071
Equipment$301,888$541,689$843,577
Land$286,483-$286,483
Other Assets Org$14,954--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Lc Demon CareyPresident
Adora GriffinDirector
Dr Lottie LecianDirector
Jacquelyn ToliverDirector
Leah Landrum-taylorDirector
Michael DeanDirector
Phyllis RodriguezDirector
Teresa ToneyDirector
Theresa HaleSecretary
Virgil Jackie BerryTreasurer
Kerwin BrownVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,693,036
Investment Income
$285
Other Revenue
$7,933
Change in Net Assets
$23,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,701,254
Total Revenue per Audited Statements
$1,701,254
Total Revenue per Form 990
$1,701,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,505,435
Salaries, Compensation, and Employee Benefits$172,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$795,563--$795,563
Insurance$366,532--$366,532
Other Salaries and Wages-$119,984-$119,984
Office Expenses-$90,114-$90,114
Depreciation Depletion$70,993--$70,993
Fees for Services Accounting-$51,757-$51,757
Interest$50,536--$50,536
Payroll Taxes$27,967--$27,967
Other Employee Benefits$24,076--$24,076
Advertising-$4,088-$4,088
Fees for Services Legal-$2,923-$2,923
Other Expenses$3,433$348-$348
Total Functional Expenses$1,404,488$272,974$0$1,677,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,677,462
Total Expenses per Audited Statements$1,677,462
Total Expenses per Form 990$1,677,462
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$8,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$40,299
Right of Use Lease Liabilities$14,954
Unamortized Debt Issue Costs$-46,337
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“President will review prior to filing the return.”

Form 990, Page 6, Part VI, Line 15A

“Organization reviews comparable pay for similar positions within the industry based upon experience and locations, in order to accurately calculate reasonable pay.”

Form 990, Page 6, Part VI, Line 15B

“Organization reviews comparable pay for similar positions within the industry based upon experience and locations, in order to accurately calculate reasonable pay.”

Form 990, Page 6, Part VI, Line 19

“Information available upon written request.”

Filing and Contact Details

Filer

Filer Name
Tanner Terrace Inc
EIN
86-0344610
Phone
6022431036
Address
700 E JEFFERSON STREET SUITE 230, PHOENIX, AZ 85034

Signing Officer

Name
Lc Demon Carey
Title
President
Phone
6022431036
Signed
2025-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lc Demon Carey
Formed
1977
Legal Domicile
Az
Voting Board Members
11
Independent Board Members
11
Employees
8

Preparer

Firm
Christen Souers LLC
Address
10347 DAWSONS CREEK BLVD STE C, FORT WAYNE, IN 46825-1905
Preparer
Anna M Collins CPA
Phone
2604840653
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The corporation has adopted the provisions of the accounting pronouncements related to accounting for uncertainty in income taxes. The corporation recognized no interest or penalties in the statements of activities for the years ended september 30, 2024 and 2023. If the situation arose in which the corporation would have interest to recognize, it would recognize this as interest expense and penalties would be recognized in other expenses. Currently, the prior three years are open under federal and state statutes of limitations and remain subject to review and change. The corporation is not currently under audit nor has the corporation been contacted by these jurisdictions. Based on the evaluation of the corporation's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended september 30, 2024 and 2023.”

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IRS990/OtherExpensesGrp/TotalAmt13760
IRS990/OtherExpensesGrp/TotalAmt23433
IRS990/OtherExpensesGrp/TotalAmt3348
IRS990/OtherLiabilitiesGrp/BOYAmt06071
IRS990/OtherLiabilitiesGrp/EOYAmt08916
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/BusinessCd1812900
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING INCOME
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05040
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12338
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2555
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05040
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12338
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2555
IRS990/OtherRevenueTotalAmt07933
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0119984
IRS990/OtherSalariesAndWagesGrp/TotalAmt0119984
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt027967
IRS990/PayrollTaxesGrp/TotalAmt027967
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0291679
IRS990/PrincipalOfficerNm0LC DEMON CAREY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0HUD TENANT ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01039195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1653841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01039195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1653841
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0257
IRS990/PYOtherExpensesAmt02045697
IRS990/PYOtherRevenueAmt0958105
IRS990/PYProgramServiceRevenueAmt01565814
IRS990/PYRevenuesLessExpensesAmt0110532
IRS990/PYSalariesCompEmpBnftPaidAmt0367947
IRS990/PYTotalExpensesAmt02413644
IRS990/PYTotalRevenueAmt02524176
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt023792
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01693036
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FIRE INSURANCE PROCEEDS 1,195,877
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0869246
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0869246
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0285
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0257
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0478
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0222
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0280
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01700969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01571846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01371542
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01449716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0567039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06661112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0257
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0478
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0280
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01522
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0952073
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0243804
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01195877
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86280
IRS990ScheduleA/PublicSupportPY509Pct00.83450
IRS990ScheduleA/PublicSupportTotal509Amt07530358
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01700969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01571846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01371542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01449716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01436285
IRS990ScheduleA/Total509Grp/TotalAmt07530358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01701254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02524176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01615824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01449938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01436565
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08727757
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0230403
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05081668
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05312071
IRS990ScheduleD/EquipmentGrp/BookValueAmt0301888
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0541689
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0843577
IRS990ScheduleD/ExpensesSubtotalAmt01677462
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0286483
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0286483
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0270030
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt142983
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt242763
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt314954
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RIGHT OF USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114954
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-46337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RIGHT OF USE LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED DEBT ISSUE COSTS
IRS990ScheduleD/RevenueSubtotalAmt01701254
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENTS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. IF THE SITUATION AROSE IN WHICH THE CORPORATION WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE CORPORATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE CORPORATION BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE CORPORATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0818774
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0370730
IRS990ScheduleD/TotalExpensesPerForm990Amt01677462
IRS990ScheduleD/TotalLiabilityAmt08916
IRS990ScheduleD/TotalRevenuePerForm990Amt01701254
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01701254
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01677462
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING ADVANCES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0TANNER PROPERTIES INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SAME BOARD OF DIRECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt08000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT WILL REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION REVIEWS COMPARABLE PAY FOR SIMILAR POSITIONS WITHIN THE INDUSTRY BASED UPON EXPERIENCE AND LOCATIONS, IN ORDER TO ACCURATELY CALCULATE REASONABLE PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION REVIEWS COMPARABLE PAY FOR SIMILAR POSITIONS WITHIN THE INDUSTRY BASED UPON EXPERIENCE AND LOCATIONS, IN ORDER TO ACCURATELY CALCULATE REASONABLE PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/TotalAssetsBOYAmt01463961
IRS990/TotalAssetsEOYAmt01499739
IRS990/TotalAssetsGrp/BOYAmt01463961
IRS990/TotalAssetsGrp/EOYAmt01499739

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,499,739
Liabilities
$1,981,830
Net assets
-$482,091
Revenue
$1,701,254
Expenses
$1,677,462
Net income
$23,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$1.98$0.48$1.70$1.68$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.46$1.97$0.51$2.52$2.41$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.61$2.23$0.62$1.62$1.89$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.98$2.32$0.34$1.45$1.36$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.53$1.97$0.44$1.44$1.41$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.58$2.00$0.43$1.41$1.39$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.54$2.01$0.47$1.37$1.34$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.57$2.08$0.51$1.35$1.30$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.64$2.20$0.56$1.31$1.25$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.49$2.11$0.62$1.28$1.32$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.98$1.56$0.58$1.25$1.08$0.17
2013Summary only. Only limited summary data is available for this year.$1.06$1.81$0.75$1.22$1.01$0.20
2012Summary only. Only limited summary data is available for this year.$1.09$2.04$0.96$1.19$1.02$0.17
2011Summary only. Only limited summary data is available for this year.$1.08$2.20$1.12$1.24$1.07$0.17