Civic Intelligence

Soco Development Inc

990EZ • Fiscal year 2019 • EIN 94-3150642

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 22, 2019

PO Box 127Klamath Falls, OR 97601

(541) 882-1869

Siviq Scores

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

Liabilities / Assets

90th percentile

0.55x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-125%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

0.1%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$212,177

Down $193,705 (-48%) from 2018

Net Assets

Down

$95,541

Down $180,701 (-65%) from 2018

Liabilities

Down

$116,636

Down $13,004 (-10%) from 2018

Revenue

Up

$144,347

Up $86 (+0.1%) from 2018

Expenses

Up

$325,048

Up $177,671 (+121%) from 2018

Net Income

Down

-$180,701

Down $177,585 (-5699%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $527,693Liabilities 2011: $201,845Net Assets 2011: $325,8482011Assets 2013: $495,603Liabilities 2013: $178,887Net Assets 2013: $316,7162013Assets 2014: $481,274Liabilities 2014: $168,767Net Assets 2014: $312,5072014Assets 2015: $457,645Liabilities 2015: $162,839Net Assets 2015: $294,8062015Assets 2016: $439,363Liabilities 2016: $156,479Net Assets 2016: $282,8842016Assets 2017: $424,601Liabilities 2017: $145,243Net Assets 2017: $279,3582017Assets 2018: $405,882Liabilities 2018: $129,640Net Assets 2018: $276,2422018Assets 2019: $212,177Liabilities 2019: $116,636Net Assets 2019: $95,5412019Assets 2020: $193,528Liabilities 2020: $104,085Net Assets 2020: $89,4432020Assets 2021: $181,716Liabilities 2021: $91,068Net Assets 2021: $90,6482021Assets 2022: $192,799Liabilities 2022: $75,419Net Assets 2022: $117,3802022Assets 2023: $52,816Net Assets 2023: $52,8162023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$212,177
Liabilities$116,636
Net Assets$95,541

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $130,0472011Revenue 2013: $148,636Expenses 2013: $149,439Net Income 2013: -$8032013Revenue 2014: $145,603Expenses 2014: $149,812Net Income 2014: -$4,2092014Revenue 2015: $129,509Expenses 2015: $147,210Net Income 2015: -$17,7012015Revenue 2016: $125,903Expenses 2016: $137,825Net Income 2016: -$11,9222016Revenue 2017: $142,107Expenses 2017: $145,633Net Income 2017: -$3,5262017Revenue 2018: $144,261Expenses 2018: $147,377Net Income 2018: -$3,1162018Revenue 2019: $144,347Expenses 2019: $325,048Net Income 2019: -$180,7012019Revenue 2020: $124,641Expenses 2020: $130,739Net Income 2020: -$6,0982020Revenue 2021: $134,555Expenses 2021: $133,350Net Income 2021: $1,2052021Revenue 2022: $135,343Expenses 2022: $108,611Net Income 2022: $26,7322022Revenue 2023: $78,774Expenses 2023: $143,338Net Income 2023: -$64,5642023Revenue 2024: $1,644Expenses 2024: $36,363Net Income 2024: -$34,7192024

Highlighted filing

2019

Revenue$144,347
Expenses$325,048
Net Income-$180,701
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 22, 2019
Return Version
2018v3.1
Gross Receipts
$144,347
Mission and Program Overview

Mission

Soco addresses the needs of people in poverty through housing development, training opportunities and community building.

Program Services

DescriptionGrantsExpenses
HARVEST HOUSE: Housing for chronically mentally ill adults in poverty.$95,541-
Union Station: Provides for severely mentally ill.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaime KellyExecutive DirectorPT$5,840-$5,840
Gloria KellarDirector-$0--
Rhonda BergSecretary-$0--
Harriet GroveDirector-$0--
Michael StinsonPresident-$0--
Stephen McKinleyDirector-$0--
Susie SprattDirector-$0--
Filing and Contact Details

Filer

Filer Name
Soco Development Inc
EIN
94-3150642
Phone
5418821869
Address
PO Box 127, KLAMATH FALLS, OR 97601

Signing Officer

Name
Jaime Kelly
Title
Executive Director
Signed
2019-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Associate CPA Pc
Address
430 Walnut Avenue, KLAMATH FALLS, OR 97601-6073
Preparer
Todd Goebel CPA MBA
Phone
5418848121
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $17947

Other Expenses.1005

Travel $2750

Other Expenses.1008

Interest $8836

Other Expenses.1009

Depreciation $16377

Other Expenses.1012

Insurance $11137

Other Expenses.1

Bad Debt $180645

Other Expenses.2

Utilities $31363

Other Expenses.3

REPAIRS $9963

Other Expenses.4

Client Expense $1137

Other Expenses.5

DUES & FEES $1050

Other Expenses.6

Bank charges $262

Other Expenses.7

Security $232

Other Expenses.8

Oregon Dept Justice $155

Other Expenses.9

Tenant Services $45

Other Assets.1007

Receivables-Officers, Directors, Etc. - Beginning $180645 Receivables-Officers, Directors, Etc. - Ending $0

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $128165 Secured Mortgages and Notes Payable - Ending $115378

Total Liabilities.1

Renters Deposits - Beginning $1475 Renters Deposits - Ending $1258

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt65840
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Michael Stinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Stephen McKinley
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0180645
IRS990EZ/OtherExpensesTotalAmt0281899
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IRS990EZ/PrimaryExemptPurposeTxt0SOCO ADDRESSES THE NEEDS OF PEOPLE IN POVERTY THROUGH HOUSING DEVELOPMENT, TRAINING OPPORTUNITIES AND COMMUNITY BUILDING.
IRS990EZ/ProgramServiceRevenueAmt0144172
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt095541
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0129480
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0157111
IRS990ScheduleA/TotalSupportAmt0157111
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $17947
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $2750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $8836
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $16377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $11137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bad Debt $180645
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Utilities $31363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REPAIRS $9963
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Client Expense $1137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DUES & FEES $1050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank charges $262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Security $232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Oregon Dept Justice $155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Tenant Services $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Receivables-Officers, Directors, Etc. - Beginning $180645 Receivables-Officers, Directors, Etc. - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Secured Mortgages and Notes Payable - Beginning $128165 Secured Mortgages and Notes Payable - Ending $115378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Renters Deposits - Beginning $1475 Renters Deposits - Ending $1258
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jaime Kelly
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCO DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0SOCO
ReturnHeader/Filer/EIN0943150642
ReturnHeader/Filer/PhoneNum05418821869
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 127
ReturnHeader/Filer/USAddress/CityNm0KLAMATH FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421655514
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTING ASSOCIATE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0430 Walnut Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KLAMATH FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0976016073
ReturnHeader/PreparerPersonGrp/PhoneNum05418848121
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd Goebel CPA MBA
ReturnHeader/ReturnTs02019-08-22T16:03:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings