Civic Intelligence

Promise Land Community Development Corporation

990 • Fiscal year 2017 • EIN 91-2044127

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 25, 2018

PO Box 667Pooler, GA 31322

(706) 774-6020

Siviq Scores

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

Liabilities / Assets

81st percentile

0.54x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

8.14x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

2nd percentile

-174%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$26,458

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-60%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,548,068

Down $183,506 (-11%) from 2016

Net Assets

Down

$713,060

Down $178,518 (-20%) from 2016

Liabilities

Down

$835,008

Down $4,988 (-0.6%) from 2016

Revenue

Down

$102,546

Down $153,386 (-60%) from 2016

Expenses

Down

$281,063

Down $63,494 (-18%) from 2016

Net Income

Down

-$178,517

Down $89,892 (-101%) from 2016

Historical Trend

Balance Sheet Trend

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

$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

2017

Assets$1,548,068
Liabilities$835,008
Net Assets$713,060

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$102,546
Expenses$281,063
Net Income-$178,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.2
Gross Receipts
$291,774
Mission and Program Overview

Mission

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

AFFORDABLE HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,126,231$1,077,040▼ $49,191
Rtn Earn Endowment Incm Other Fnds$891,578$713,060▼ $178,518
Other Notes and Loans Receivable, Net$400,319$293,360▼ $106,959
Inventories for Sale or Use$138,986$138,985▼ $1
Cash and Non-Interest-Bearing Accounts$28,324$2,000▼ $26,324
Total Assets$1,731,574$1,548,068▼ $183,506
Other Assets Total$37,714$36,683▼ $1,031
Liabilities
Mortgage Notes Payable Secured by Investment Property$720,048$716,073▼ $3,975
Unsecured Notes Loans Payable$117,848$118,935▲ $1,087
Accounts Payable and Accrued Expenses$2,100--
Total Liabilities$839,996$835,008▼ $4,988
Net Assets / Fund Balance
Total Net Assets Fund Balance$891,578$713,060▼ $178,518
Total Liabilities and Net Assets / Fund Balance$1,731,574$1,548,068▼ $183,506

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$950,761$345,283-
Other Land Buildings$46,747$28,253-
Land$79,532--
Equipment-$2,275-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sheila BoazmanExecutive DirectorPT$23,680$2,778$26,458

Board Members and Trustees

NameTitle
Denine ThomasBoard Member
Jevon HarrisBoard Member
Patricia GilchristBoard Member
Terrance GrayBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$60,380
Program Service Revenue
$97,922
Investment Income
$19,722
Other Revenue
$-75,478
All Other Contributions
$60,380
Change in Net Assets
$-178,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,063
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
All Other Expenses$70,488$295$0$70,783
Depreciation Depletion$49,190$0$0$49,190
Interest$46,752$0$0$46,752
Travel$8,916$8,916$0$17,832
Other Expenses$9,360$0$0$9,360
Office Expenses$0$7,804$0$7,804
Occupancy$7,080$0$0$7,080
Fees for Services Accounting$0$6,700$0$6,700
Insurance$5,393$0$0$5,393
Fees for Services Other$2,200$0$0$2,200
Fees for Services Legal$225$0$0$225
Total Functional Expenses$257,348$23,715$0$281,063
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 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
PO Box 667, Pooler, GA 31322

Signing Officer

Name
Sheila Boazman
Title
Manager
Phone
7067746020
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheila Boazman
Formed
2000
Legal Domicile
Ga
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Davis and Cleveland Cpas
Address
110 Dolly Street, GRAY, GA 31032
Preparer
Frank Davis
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

Form 990, Part IX, Line 24E

Bank Service Charges 5590. 5590. 0. 0.

Form 990, Part IX, Line 24E

Supplies 1711. 1711. 0. 0.

Form 990, Part IX, Line 24E

Contract Labor 26943. 26943. 0. 0.

Form 990, Part IX, Line 24E

Telephone 4812. 4812. 0. 0.

Form 990, Part IX, Line 24E

Utilities houses 5781. 5781. 0. 0.

Form 990, Part IX, Line 24E

Dues & Subs. 200. 200. 0. 0.

Form 990, Part IX, Line 24E

Equiipment Rentals 5996. 5996. 0. 0.

Form 990, Part IX, Line 24E

Postage 295. 0. 295. 0.

Form 990, Part IX, Line 24E

Misc. 2310. 2310. 0. 0.

Form 990, Part IX, Line 24E

Rental Property N/P Pass Thru 16717. 16717. 0. 0.

Form 990, Part IX, Line 24E

Security 428. 428. 0. 0.

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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/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0112759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0297015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0126123
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0796277
IRS990ScheduleA/TotalSupportAmt0898738
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0950761
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0345283
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01296044
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02275
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02275
IRS990ScheduleD/LandGrp/BookValueAmt079532
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt079532
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt046747
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028253
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt075000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01077040
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/ExplanationTxt5Bank Service Charges 5590. 5590. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies 1711. 1711. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Contract Labor 26943. 26943. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone 4812. 4812. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Utilities houses 5781. 5781. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Dues & Subs. 200. 200. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Equiipment Rentals 5996. 5996. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Postage 295. 0. 295. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Misc. 2310. 2310. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Rental Property N/P Pass Thru 16717. 16717. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Security 428. 428. 0. 0.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01731574
IRS990/TotalAssetsEOYAmt01548068
IRS990/TotalAssetsGrp/BOYAmt01731574
IRS990/TotalAssetsGrp/EOYAmt01548068
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt060380
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023715
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0257348
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281063
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0839996
IRS990/TotalLiabilitiesEOYAmt0835008
IRS990/TotalLiabilitiesGrp/BOYAmt0839996
IRS990/TotalLiabilitiesGrp/EOYAmt0835008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0891578
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0713060
IRS990/TotalOtherCompensationAmt02778
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt097922
IRS990/TotalProgramServiceExpensesAmt0257348
IRS990/TotalProgramServiceRevenueAmt097922
IRS990/TotalReportableCompFromOrgAmt023680
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042166
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0102546
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01731574
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01548068
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08916
IRS990/TravelGrp/ProgramServicesAmt08916
IRS990/TravelGrp/TotalAmt017832
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0117848
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0118935
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02409 Amsterdam Drive
IRS990/USAddress/CityNm0Augusta
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030906
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA BOAZMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum07067746020
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROMISE LAND COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0912044127
ReturnHeader/Filer/PhoneNum07067746020
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 667
ReturnHeader/Filer/USAddress/CityNm0Pooler
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031322
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03F1716AE8AD5D357B7143582064D9D4C53943C2D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03F1716AE8AD5D357B7143582064D9D4C53943C2D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.141.12.59
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm011:41:26
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/PreparationDt02018-11-15

Document Assets

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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