Covenant Housing Association

990EZ • Fiscal year 2013 • EIN 91-1290437

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 29, 2014

Organization Profile N/A

800 5th AveRoom/Suite 410098104

(509) 831-9704

Siviq Scores

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

0.59x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

6.95x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

99%

Higher net margin than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

6.3%

Faster asset growth than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

3795%

Faster revenue growth than 100% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets90th percentile

Assets

$467,345

Up $27,773 (+6.3%) from 2012

Net Assets

$192,766

No earlier filing loaded for comparison.

Liabilities

Down

$274,579

Down $11,391 (-4.0%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin99th percentile

Revenue

$39,535

Up $38,520 (+3795%) from 2012

Expenses

Down

$371

Down $34 (-8.4%) from 2012

Net Income

$39,164

Up $38,554 (+6320%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

Highlighted filing

2013

Assets$467,345

Liabilities$274,579

Net Assets$192,766

Open 2013 Filing

Operations Trend

Revenue Growth100th percentile

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

Highlighted filing

2013

Revenue$39,535

Expenses$371

Net Income$39,164

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Aug 29, 2014
Return Version: 2013v3.1
Gross Receipts: $39,535

Mission and Program Overview

Mission

HOUSING

Program Services

Description	Grants	Expenses
PROVIDE HOUSING TO QUALIFIED LOWER-INCOME WORKING PERSONS.	-	$100

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
BRIAN TALBOT	President	-	$0	-	-
PETER DILL	Secretary/Tr	-	$0	-	-

Filing and Contact Details

Filer

EIN: 91-1290437
Phone: 5098319704

Signing Officer

Name: Brian Talbot
Title: President
Phone: 5098319704
Signed: 2014-08-29

Preparer

Preparer: James Matsumura CPA
Phone: 5096631131

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 171 interest 200 development expense 12,429 capitalized expense -12,429 total 371”

Form 990-ez, Part II, Line 24

“Investment - migrant housing 222,655 235,084 receivable - equity share 216,909 216,909 total 439,564 451,993”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 58,681 58,682 p prigge 110 110 wa state housing trust fund 32,000 32,000 b thomas 4,000 4,200 rural communities association loan 167,720 167,720 city of seattle (historic seattle) 11,867 11,867 board member (peter dill) 11,592 0”

Raw XML Appendix128 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.

Path	#	Value
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	BRIAN TALBOT
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	PETER DILL
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	PETER DILL
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5098319704
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	800 5TH AVE 4100
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	SEATTLE
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	98104
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	8
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	15352
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	39535
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	39164
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	439572
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	467345
IRS990EZ/GrossReceiptsAmt	0	39535
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	153602
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	192766
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	153602
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	192766
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	BRIAN TALBOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	PETER DILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY/TR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	439564
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	451993
IRS990EZ/OtherExpensesTotalAmt	0	371
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE HOUSING TO QUALIFIED LOWER-INCOME WORKING PERSONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	100
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	285970
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	274579
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	371
IRS990EZ/TotalProgramServiceExpensesAmt	0	100
IRS990EZ/TotalRevenueAmt	0	39535
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	39535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	1015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	1000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	1810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	43960
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.46410
IRS990ScheduleA/PublicSupportPY170Pct	0	0.12970
IRS990ScheduleA/PublicSupportTotal170Amt	0	20404
IRS990ScheduleA/SubstantialContributorsTotAmt	0	23556
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	39535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	1015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	1000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	1810
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	43960
IRS990ScheduleA/TotalSupportAmt	0	43960
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES OFFICE 171 INTEREST 200 DEVELOPMENT EXPENSE 12,429 CAPITALIZED EXPENSE -12,429 TOTAL 371
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	INVESTMENT - MIGRANT HOUSING 222,655 235,084 RECEIVABLE - EQUITY SHARE 216,909 216,909 TOTAL 439,564 451,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 58,681 58,682 P PRIGGE 110 110 WA STATE HOUSING TRUST FUND 32,000 32,000 B THOMAS 4,000 4,200 RURAL COMMUNITIES ASSOCIATION LOAN 167,720 167,720 CITY OF SEATTLE (HISTORIC SEATTLE) 11,867 11,867 BOARD MEMBER (PETER DILL) 11,592 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BRIAN TALBOT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5098319704
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	COVENANT HOUSING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt	0	COVE
ReturnHeader/Filer/EIN	0	911290437
ReturnHeader/Filer/PhoneNum	0	5098319704
ReturnHeader/Filer/USAddress/AddressLine1	0	800 5TH AVE
ReturnHeader/Filer/USAddress/AddressLine2	0	ROOM/SUITE 4100
ReturnHeader/Filer/USAddress/City	0	SEATTLE
ReturnHeader/Filer/USAddress/State	0	WA
ReturnHeader/Filer/USAddress/ZIPCode	0	98104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	910626552
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	HOMCHICK SMITH & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	PO BOX 1371
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	WENATCHEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	988071371
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5096631131
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JAMES MATSUMURA CPA
ReturnHeader/ReturnTs	0	2014-11-17T12:31:03-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $467,345
Liabilities: $274,579
Net assets: $192,766
Revenue: $39,535
Expenses: $371
Net income: $39,164

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.57	$0.44	$2.13	$0.00	$0.15	$0.15
2022Detailed filing. Detailed filing data is available for this year.	$3.51	$0.92	$2.60	$0.00	$1.01	$1.01
2021Detailed filing. Detailed filing data is available for this year.	$4.52	$0.92	$3.61	$0.01	$0.26	$0.25
2020Summary only. Only limited summary data is available for this year.	$4.77	$0.92		$0.00	$0.01	$0.01
2019Summary only. Only limited summary data is available for this year.	$4.83	$0.97		$0.00	$0.02	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$4.85	$0.97	$3.88	$0.00	$0.00	$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.85	$0.97	$3.88	$2.45	$0.54	$1.91
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.41	$2.43	$1.98	$0.48	$0.61	$0.14
2015Detailed filing. Detailed filing data is available for this year.	$4.54	$2.43	$2.11	$0.06	$0.09	$0.03
2014Summary only. Only limited summary data is available for this year.	$4.74	$2.59		$0.30	$0.19	$0.11
2013Detailed filing. Detailed filing data is available for this year.	$4.67	$2.75	$1.93	$0.40	$0.00	$0.39
2012Summary only. Only limited summary data is available for this year.	$4.40	$2.86		$0.01	$0.00	$0.01
2011Summary only. Only limited summary data is available for this year.	$4.27	$2.74		$0.01	$0.00	$0.00
2010Summary only. Only limited summary data is available for this year.	$4.77	$3.24		$0.02	$0.96	$0.94