Civic Intelligence

Fam Dream Homes Inc

EIN 87-1193074 • 501(c)3 • Hammond, LA

Profile

AffordableHousingdevelopment

1905 W Thomas St Suite D Box 152Hammond, LA 70401

famdreamhomes.com

Siviq Scores

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

Liabilities / Assets

99th percentile

23.64x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

23.64x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-2264%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

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 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$25

No earlier filing loaded for comparison.

Liabilities

$591

No earlier filing loaded for comparison.

Net Assets

-$566

No earlier filing loaded for comparison.

Revenue

$25

No earlier filing loaded for comparison.

Expenses

$591

No earlier filing loaded for comparison.

Net Income

-$566

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.0K$500$0-$500-$1.0KAssets 2021: $25Liabilities 2021: $591Net Assets 2021: -$5662021

Highlighted filing

2021

Assets$25
Liabilities$591
Net Assets-$566

Operations Trend

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

$1.0K$500$0-$500-$1.0KRevenue 2021: $25Expenses 2021: $591Net Income 2021: -$5662021

Highlighted filing

2021

Revenue$25
Expenses$591
Net Income-$566

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$25$591$566$25$591$566
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 8, 2022
Return Version
2021v4.0
Gross Receipts
$25
Mission and Program Overview

Mission

AffordableHousingdevelopment

Program Services

DescriptionGrantsExpenses
AffordableSingleFamilyHomedevelopmentforrentals:Nohomescompletedtodate.$0$0
AffordableSingleFamilyHomedevelopmentforrentals:Nohomescompletedtodate.$0$0
RehabofAffordableMultiunitcomplexforrentals:Nohomescompletedtodate.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark FergusonExec Director CEOPT$0--
Sharlotte Tina TurnerBoard Of Director President Chair-$0--
Kevin WilliamsBoard Of Director Vice President-$0--
Cheryl HarrisBoard Of Director Secretary-$0--
Tracy TaylorBoard Of Director Treasurer-$0--
Keith J HawkinsBoard Of Director-$0--
Rev Ron K HowardBoard Of Director-$0--
Anthony RobinsonBoard Of Director-$0--
Filing and Contact Details

Filer

Filer Name
Fam Dream Homes Inc
EIN
87-1193074
In Care Of
% Mark Ferguson
Address
1905 W THOMAS ST SUITE D BOX 152, Hammond, LA 70401

Signing Officer

Name
Mark A Ferguson
Title
Exec Director CEO
Signed
2022-06-08
Supplemental Narrative

Additional Explanations

Doing Business As Names

Fam Dream Homes Inc

Part I, line 16

| Other Expenses:, Amount:| Part 1 Line #16 Business formation expenses: $100 Travel Expenses: 5 08 2021 Flight Houston to New Orleans $82.99 5 10 2021 Flight: New Orleans to Houston$69.98 Food: $20 Gas: $20 Airport Parking: $27.95 for two meetings. Travel Expenses: 11 20 2021 Flight Houston to New Orleans $118.40 11 22 2021 Flight New Orleans to Houston $118.40 Food: $20 Gas: $20 Airport Parking: $25.00 for three meetings, $526|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Business formation expenses: $100 Travel Expenses: 5 08 2021 Flight Houston to New Orleans $82.99 5 10 2021 Flight New Orleans to Houston$69.98 Food: $20 Gas: $20 Airport Parking: $27.95 for two meetings. Travel Expenses: 11 20 2021 Flight Houston to New Orleans $118.40 11 22 2021 Flight New Orleans to Houston $118.40 Food: $20 Gas: $20 Airport Parking: $25.00 for three meetings postal rental fee $55 postage $10, $0, $591|

Raw XML Appendix184 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fam Dream Homes Inc
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Part 1 Line #16 Business formation expenses: $100 Travel Expenses: 5 08 2021 Flight Houston to New Orleans $82.99 5 10 2021 Flight: New Orleans to Houston$69.98 Food: $20 Gas: $20 Airport Parking: $27.95 for two meetings. Travel Expenses: 11 20 2021 Flight Houston to New Orleans $118.40 11 22 2021 Flight New Orleans to Houston $118.40 Food: $20 Gas: $20 Airport Parking: $25.00 for three meetings, $526|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Business formation expenses: $100 Travel Expenses: 5 08 2021 Flight Houston to New Orleans $82.99 5 10 2021 Flight New Orleans to Houston$69.98 Food: $20 Gas: $20 Airport Parking: $27.95 for two meetings. Travel Expenses: 11 20 2021 Flight Houston to New Orleans $118.40 11 22 2021 Flight New Orleans to Houston $118.40 Food: $20 Gas: $20 Airport Parking: $25.00 for three meetings postal rental fee $55 postage $10, $0, $591|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReasonableCauseExplanation/ExplanationTxt0I was uncertain as to when and if I needed to file since I had not yet been given a tax exemption status and no real income had been generated.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark A Ferguson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Exec Director CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-08
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ReturnHeader/Filer/BusinessNameControlTxt0FAMD
ReturnHeader/Filer/EIN0871193074
ReturnHeader/Filer/ForeignPhoneNum02022575325
ReturnHeader/Filer/InCareOfNm0% Mark Ferguson
ReturnHeader/Filer/USAddress/AddressLine1Txt01905 W THOMAS ST SUITE D BOX 152
ReturnHeader/Filer/USAddress/CityNm0Hammond
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070401
ReturnHeader/ReturnTs02022-06-08T03:57:29-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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