Civic Intelligence

Emmanuel Terrace Inc.

990 • Fiscal year 2017 • EIN 94-2235827

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 13, 2018

460 Francis DriveSan Jose, CA 95133

(408) 923-8280

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.04x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.11x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

27th percentile

-4.8%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

34th percentile

-1.4%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-5.5%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$513,740

Down $7,490 (-1.4%) from 2016

Net Assets

Down

$491,613

Down $9,667 (-1.9%) from 2016

Liabilities

Up

$22,127

Up $2,177 (+11%) from 2016

Revenue

Down

$202,394

Down $11,862 (-5.5%) from 2016

Expenses

Up

$212,061

Up $8,347 (+4.1%) from 2016

Net Income

Down

-$9,667

Down $20,209 (-192%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $576,393Liabilities 2010: $251,238Net Assets 2010: $325,1552010Assets 2011: $589,347Liabilities 2011: $231,564Net Assets 2011: $357,7832011Assets 2012: $609,731Liabilities 2012: $214,575Net Assets 2012: $395,1562012Assets 2013: $616,571Liabilities 2013: $202,348Net Assets 2013: $414,2232013Assets 2014: $484,787Liabilities 2014: $17,867Net Assets 2014: $466,9202014Assets 2015: $509,152Liabilities 2015: $18,414Net Assets 2015: $490,7382015Assets 2016: $521,230Liabilities 2016: $19,950Net Assets 2016: $501,2802016Assets 2017: $513,740Liabilities 2017: $22,127Net Assets 2017: $491,6132017Assets 2018: $498,154Liabilities 2018: $25,889Net Assets 2018: $472,2652018Assets 2019: $472,443Liabilities 2019: $18,975Net Assets 2019: $453,4682019Assets 2020: $556,582Liabilities 2020: $30,952Net Assets 2020: $525,6302020Assets 2021: $608,683Liabilities 2021: $18,063Net Assets 2021: $590,6202021Assets 2022: $718,327Liabilities 2022: $21,602Net Assets 2022: $696,7252022Assets 2023: $886,855Liabilities 2023: $154,717Net Assets 2023: $732,1382023Assets 2024: $711,752Liabilities 2024: $25,640Net Assets 2024: $686,1122024

Highlighted filing

2017

Assets$513,740
Liabilities$22,127
Net Assets$491,613

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $155,1882010Expenses 2011: $159,6222011Expenses 2012: $162,3082012Expenses 2013: $176,4762013Revenue 2014: $220,743Expenses 2014: $168,046Net Income 2014: $52,6972014Revenue 2015: $228,315Expenses 2015: $204,497Net Income 2015: $23,8182015Revenue 2016: $214,256Expenses 2016: $203,714Net Income 2016: $10,5422016Revenue 2017: $202,394Expenses 2017: $212,061Net Income 2017: -$9,6672017Revenue 2018: $206,509Expenses 2018: $225,857Net Income 2018: -$19,3482018Revenue 2019: $205,337Expenses 2019: $224,134Net Income 2019: -$18,7972019Revenue 2020: $306,772Expenses 2020: $234,610Net Income 2020: $72,1622020Revenue 2021: $362,156Expenses 2021: $297,166Net Income 2021: $64,9902021Revenue 2022: $398,618Expenses 2022: $292,513Net Income 2022: $106,1052022Revenue 2023: $388,563Expenses 2023: $353,150Net Income 2023: $35,4132023Revenue 2024: $375,705Expenses 2024: $421,731Net Income 2024: -$46,0262024

Highlighted filing

2017

Revenue$202,394
Expenses$212,061
Net Income-$9,667
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 13, 2018
Return Version
2016v3.0
Gross Receipts
$202,394
Mission and Program Overview

Mission

The primary exempt purpose of the organization is to provide affordable housing to elderly and handicapped individuals.

to PROVIDE AFFORDABLE HOUSING TO ELDERLY AND HANDICAPPED INDIVIDUALS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$103,801$93,229▼ $10,572
Savings and Temporary Cash Investments$15,264$17,150▲ $1,886
Accounts Receivable$493$2,137▲ $1,644
Total Assets$521,230$513,740▼ $7,490
Other Assets Total$401,672$401,224▼ $448
Liabilities
Accounts Payable and Accrued Expenses$15,288$17,846▲ $2,558
Other Liabilities$4,662$4,281▼ $381
Total Liabilities$19,950$22,127▲ $2,177
Net Assets / Fund Balance
Unrestricted Net Assets$501,280$491,613▼ $9,667
Total Net Assets Fund Balance$501,280$491,613▼ $9,667
Total Liabilities and Net Assets / Fund Balance$521,230$513,740▼ $7,490

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$71,004$423,874$494,878
Equipment$6,174$47,198$53,372
Other Land Buildings$0$33,057$33,057
Land$16,051-$16,051
Other Assets Org$364,243--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Benny E Johnsonchairman
Ethel DanielsDirector
Freddie SwanDirector
Gerald H GuessDirector
Paulette BatisteDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$145,144
Program Service Revenue
$57,064
Investment Income
$186
Other Revenue
$0
Change in Net Assets
$-9,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,889
Other Expenses$79,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,763--$106,763
Occupancy$39,227--$39,227
Other Employee Benefits$17,665--$17,665
Depreciation Depletion$10,572--$10,572
Fees for Services Accounting$2,670$7,100-$9,770
Office Expenses$8,967--$8,967
Payroll Taxes$8,461--$8,461
Other Expenses$569--$569
Insurance$115--$115
Conferences and Meetings$8--$8
Total Functional Expenses$204,961$7,100$0$212,061
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section A, line 6

Membership in the corporation shall, at all times, be limited to individuals who are either trustees, directors or members of the Emmanuel Baptist Church.

Form 990, Part VI, Section A, line 7A

Directors of the corporation shall be elected by the members of the Corporation from the membership.

Form 990, Part VI, Section B, line 11B

Form 990 and Finacial review documents were given to each member of board and then discussed during board meeting.

Form 990, Part VI, Section B, line 12C

Every board members is required to disclose business relationships during board meetings annually.

Form 990, Part VI, Section B, line 15

Based on input from Audit review and independent consultant, the salary is compared to cost of living adjustments and Market research published by trade organizations such as Aging Services of California.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Emmanuel Terrace Inc
EIN
94-2235827
Phone
4089238280
Address
460 Francis Drive, San Jose, CA 95133

Signing Officer

Name
Maurice Eaglin
Title
Administrator
Phone
4089238280
Signed
2018-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benny E Johnson
Formed
1973
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
5

Preparer

Firm
Armanino LLP
Address
50 W San Fernando St Ste 500, San Jose, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization has evaluated its current tax positions and concluded that as of September 30, 2017, the Organization does not have any significant uncertain tax positions for which a reserve would be necessary. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for tax years 2014 and beyond remain subject to examination by the Internal Revenue Service. The Organization's California returns for tax years 2013 and beyond remain subject to examination by the Franchise Tax Board.

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt071004
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0423874
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0494878
IRS990ScheduleD/EquipmentGrp/BookValueAmt06174
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047198
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053372
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt016051
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04281
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt132700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2364243
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt033057
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has evaluated its current tax positions and concluded that as of September 30, 2017, the Organization does not have any significant uncertain tax positions for which a reserve would be necessary. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for tax years 2014 and beyond remain subject to examination by the Internal Revenue Service. The Organization's California returns for tax years 2013 and beyond remain subject to examination by the Franchise Tax Board.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt093229
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0401224
IRS990ScheduleD/TotalLiabilityAmt04281
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership in the corporation shall, at all times, be limited to individuals who are either trustees, directors or members of the Emmanuel Baptist Church.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors of the corporation shall be elected by the members of the Corporation from the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 and Finacial review documents were given to each member of board and then discussed during board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Every board members is required to disclose business relationships during board meetings annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Based on input from Audit review and independent consultant, the salary is compared to cost of living adjustments and Market research published by trade organizations such as Aging Services of California.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Emmanuel Baptist Church
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0religious activities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0467 N white rd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0San Jose
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd095127
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0521230
IRS990/TotalAssetsEOYAmt0513740
IRS990/TotalAssetsGrp/BOYAmt0521230
IRS990/TotalAssetsGrp/EOYAmt0513740
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0145144
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07100
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0204961
IRS990/TotalFunctionalExpensesGrp/TotalAmt0212061
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019950
IRS990/TotalLiabilitiesEOYAmt022127
IRS990/TotalLiabilitiesGrp/BOYAmt019950
IRS990/TotalLiabilitiesGrp/EOYAmt022127
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0501280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0491613
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0204961
IRS990/TotalProgramServiceRevenueAmt057064
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0186
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057064
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0202394
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0521230
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0513740
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0501280
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0491613
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0460 Francis Drive
IRS990/USAddress/CityNm0San Jose
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095133
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Maurice Eaglin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Administrator
ReturnHeader/BusinessOfficerGrp/PhoneNum04089238280

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$0.26$6.86$3.76$4.22$0.46
2023Summary only. Only limited summary data is available for this year.$8.87$1.55$7.32$3.89$3.53$0.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$0.22$6.97$3.99$2.93$1.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$0.18$5.91$3.62$2.97$0.65
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.31$5.26$3.07$2.35$0.72
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$0.19$4.53$2.05$2.24$0.19
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.26$4.72$2.07$2.26$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.14$0.22$4.92$2.02$2.12$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.21$0.20$5.01$2.14$2.04$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.09$0.18$4.91$2.28$2.04$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.85$0.18$4.67$2.21$1.68$0.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$2.02$4.14$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$2.15$3.95$1.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$2.32$3.58$1.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$2.51$3.25$1.55
Peer Organizations

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