Civic Intelligence

Promise Land Community Development

EIN 91-2044127 • 501(c)3 • Augusta, GA

Profile

AFFORDABLE HOUSING for Low income families, and College scholarships for at risk students.

2409 Amsterdam DrAugusta, GA 30906

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.71x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

1.51x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

29th percentile

-4.6%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

41st percentile

0.8%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,191,401

Down $33,276 (-2.7%) from 2023

Liabilities

Down

$846,201

Down $7,615 (-0.9%) from 2023

Net Assets

Down

$345,200

Down $25,661 (-6.9%) from 2023

Revenue

Down

$562,247

Down $126,950 (-18%) from 2023

Expenses

Up

$587,908

Up $4,746 (+0.8%) from 2023

Net Income

Down

-$25,661

Down $131,696 (-124%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,615,251Liabilities 2010: $2,979,209Net Assets 2010: $636,0422010Assets 2011: $3,591,470Liabilities 2011: $2,903,189Net Assets 2011: $688,2812011Assets 2012: $3,435,952Liabilities 2012: $2,683,219Net Assets 2012: $752,7332012Assets 2013: $1,907,328Liabilities 2013: $1,090,094Net Assets 2013: $817,2342013Assets 2014: $1,755,304Liabilities 2014: $829,410Net Assets 2014: $925,8942014Assets 2015: $1,783,839Liabilities 2015: $784,495Net Assets 2015: $999,3442015Assets 2016: $1,731,574Liabilities 2016: $839,996Net Assets 2016: $891,5782016Assets 2017: $1,548,068Liabilities 2017: $835,008Net Assets 2017: $713,0602017Assets 2018: $1,443,326Liabilities 2018: $774,086Net Assets 2018: $669,2402018Assets 2019: $1,323,371Liabilities 2019: $876,095Net Assets 2019: $447,2762019Assets 2020: $1,270,513Liabilities 2020: $866,701Net Assets 2020: $403,8122020Assets 2021: $1,230,656Liabilities 2021: $873,850Net Assets 2021: $356,8062021Assets 2022: $1,173,247Liabilities 2022: $908,420Net Assets 2022: $264,8272022Assets 2023: $1,224,677Liabilities 2023: $853,816Net Assets 2023: $370,8612023Assets 2024: $1,191,401Liabilities 2024: $846,201Net Assets 2024: $345,2002024

Highlighted filing

2024

Assets$1,191,401
Liabilities$846,201
Net Assets$345,200

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $335,0752010Expenses 2011: $353,5802011Revenue 2012: $517,090Expenses 2012: $452,638Net Income 2012: $64,4522012Revenue 2013: $447,906Expenses 2013: $383,405Net Income 2013: $64,5012013Revenue 2014: $526,284Expenses 2014: $419,112Net Income 2014: $107,1722014Revenue 2015: $149,325Expenses 2015: $71,543Net Income 2015: $77,7822015Revenue 2016: $255,932Expenses 2016: $344,557Net Income 2016: -$88,6252016Revenue 2017: $102,546Expenses 2017: $281,063Net Income 2017: -$178,5172017Revenue 2018: $339,985Expenses 2018: $383,806Net Income 2018: -$43,8212018Revenue 2019: $377,650Expenses 2019: $599,613Net Income 2019: -$221,9632019Revenue 2020: $443,785Expenses 2020: $487,249Net Income 2020: -$43,4642020Revenue 2021: $446,120Expenses 2021: $493,126Net Income 2021: -$47,0062021Revenue 2022: $429,016Expenses 2022: $520,994Net Income 2022: -$91,9782022Revenue 2023: $689,197Expenses 2023: $583,162Net Income 2023: $106,0352023Revenue 2024: $562,247Expenses 2024: $587,908Net Income 2024: -$25,6612024

Highlighted filing

2024

Revenue$562,247
Expenses$587,908
Net Income-$25,661

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.85$0.35$0.56$0.59$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.85$0.37$0.69$0.58$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.91$0.26$0.43$0.52$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.87$0.36$0.45$0.49$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.87$0.40$0.44$0.49$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.88$0.45$0.38$0.60$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.77$0.67$0.34$0.38$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.84$0.71$0.10$0.28$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.84$0.89$0.26$0.34$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.78$1.00$0.15$0.07$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.83$0.93$0.53$0.42$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.91$1.09$0.82$0.45$0.38$0.06
2012Summary only. Only limited summary data is available for this year.$3.44$2.68$0.75$0.52$0.45$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$2.90$0.69$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$2.98$0.64$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 25, 2025
Return Version
2024v5.2
Gross Receipts
$850,551
Mission and Program Overview

Mission

AFFORDABLE HOUSING for low income families, College Scholarships for at Risk Kids.

AFFORDABLE HOUSING for Low income families, and College scholarships for at risk students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$717,072$759,349▲ $42,277
Rtn Earn Endowment Incm Other Fnds$370,861$345,200▼ $25,661
Other Notes and Loans Receivable, Net$172,094$170,497▼ $1,597
Inventories for Sale or Use$324,870$138,985▼ $185,885
Cash and Non-Interest-Bearing Accounts$9,247$122,570▲ $113,323
Total Assets$1,224,677$1,191,401▼ $33,276
Other Assets Total$1,394--
Liabilities
Unsecured Notes Loans Payable$543,918$614,964▲ $71,046
Mortgage Notes Payable Secured by Investment Property$309,898$231,237▼ $78,661
Total Liabilities$853,816$846,201▼ $7,615
Net Assets / Fund Balance
Total Net Assets Fund Balance$370,861$345,200▼ $25,661
Total Liabilities and Net Assets / Fund Balance$1,224,677$1,191,401▼ $33,276

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$759,349$591,007-
Equipment$0$2,275-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sheila BoazmanExecutive DirectorPT$35,000-$35,000
Patricia GilchristBoard Member--$400$400

Board Members and Trustees

NameTitle
Beulah HiltonBoard Member
Denine ThomasBoard Member
Janet FasonBoard Member
Jessica BarnesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$482,848
Program Service Revenue
$211,736
Investment Income
$19,573
Other Revenue
$-151,910
All Other Contributions
$482,848
Change in Net Assets
$-25,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$587,908
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$82,096$0$0$82,096
All Other Expenses$56,447$0$0$56,447
Depreciation Depletion$48,223$0$0$48,223
Interest$45,521$0$0$45,521
Occupancy$30,587$0$0$30,587
Insurance$10,873$0$0$10,873
Travel$4,109$4,109$0$8,218
Fees for Services Accounting$0$3,500$0$3,500
Office Expenses$2,140$0$0$2,140
Fees for Services Legal$672$0$0$672
Total Functional Expenses$580,299$7,609$0$587,908
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Filing and Contact Details

Filer

Filer Name
Promise Land Community Development
EIN
91-2044127
Phone
7067746020
Address
2409 Amsterdam Dr, Augusta, GA 30906

Signing Officer

Name
Sheila Boazman
Title
Manager
Phone
7067746020
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheila Boazman
Formed
2000
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Davis and Cleveland Cpas
Address
110 Dolly Street, GRAY, GA 31032
Preparer
Tammie Walden
Phone
4789863100
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

By Finance Committee

Pt VI, Line 12C

By Board of Directors & City of Augusta at quarterly meetings

Pt VI, Line 15B

By Board of Directors & Finance Committee

Pt VI, Line 19

Financial records are mailed or emailed upon request and are available at IRS website

Pt VI, Line 15A

By Finance Committee and Board of Directors

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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/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0482848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0212622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0291648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0327930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01501202
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020967
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018953
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016737
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt085210
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94630
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.93150
IRS990ScheduleA/PublicSupportTotal170Amt01501202
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0482848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0212622
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0291648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0327930
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01501202
IRS990ScheduleA/TotalSupportAmt01586412
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BuildingsGrp/BookValueAmt0759349
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0591007
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01350356
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02275
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02275
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0759349
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0By Finance Committee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1By Board of Directors & City of Augusta at quarterly meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2By Board of Directors & Finance Committee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial records are mailed or emailed upon request and are available at IRS website
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4By Finance Committee and Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01224677
IRS990/TotalAssetsEOYAmt01191401
IRS990/TotalAssetsGrp/BOYAmt01224677
IRS990/TotalAssetsGrp/EOYAmt01191401
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0482848
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0580299
IRS990/TotalFunctionalExpensesGrp/TotalAmt0587908
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0853816
IRS990/TotalLiabilitiesEOYAmt0846201
IRS990/TotalLiabilitiesGrp/BOYAmt0853816
IRS990/TotalLiabilitiesGrp/EOYAmt0846201
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0370861
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0345200
IRS990/TotalOtherCompensationAmt0400
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0211736
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0580299
IRS990/TotalProgramServiceRevenueAmt0211736
IRS990/TotalReportableCompFromOrgAmt035000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079399
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0562247
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01224677
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01191401
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt04109
IRS990/TravelGrp/ProgramServicesAmt04109
IRS990/TravelGrp/TotalAmt08218
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0543918
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0614964
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 667
IRS990/USAddress/CityNm0Pooler
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031322
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sheila Boazman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum07067746020
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE LAND COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0912044127
ReturnHeader/Filer/PhoneNum07067746020
ReturnHeader/Filer/USAddress/AddressLine1Txt02409 Amsterdam Dr
ReturnHeader/Filer/USAddress/CityNm0Augusta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030906
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582590113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS AND CLEVELAND CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 Dolly Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031032
ReturnHeader/PreparerPersonGrp/PhoneNum04789863100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tammie Walden
ReturnHeader/ReturnTs02025-08-21T12:42:35-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01

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