Unity Place Housing INC FY2020 filing

Tax-deductible

Ocala, FL501(c)(3)HousingEIN 27-0813702Revenue $125K in FY2020

On file with the IRS525 Ne Sanchez Ave, 34470-5866 · Ocala, FLTax-exempt since Sep 2009Publicly supported charity — 170(b)(1)(A)(vi)

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To provide Housing for and the general welfare of homeless addicts and other disadvantaged citizens.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $94K a year · 25% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 239% of spending
Concern: pay to officers and key staff is 239% of spending; over 30%.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 21.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$125K
Spent
$42K
To programs
81%
Net assets
$698K
By yearFY2020–FY2024
Revenue
$125K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$125K
FY2021$247K
FY2022$724K
FY2023$364K
FY2024$391K
Expenses
$42K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$42K
FY2021$46K
FY2022$509K
FY2023$449K
FY2024$335K
Net assets
$698K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$698K
FY2021$899K
FY2022$1.1M
FY2023$1.0M
FY2024$1.1M

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $34K Management & general 19% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
$100,000Pt VII · Sec A
$0Pt VII · Sec A

Lawrence Breech’s $164K as President is at the 96th percentile of top reported officer pay among 851 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lawrence Breech$164,500$136,000$130,000$208,200$100,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Offers housing and support for homeless individuals struggling with addiction and other disadvantages.

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Provided by the organization

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2 programs · $34K · in their own filed words · FY2020
01

Operating a gaming hall where bingo games, publicly supported, will provide for the general welfare of homeless addicts and other disavantaged citizens.

$31Kprogram expense
02

Providing and maintaining housing for the use of homeless addicts and other disadvantaged citizens.

$3Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $50K · 2022–2022
Faithfully Guided INCFL · FY2022$50,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$125K
Ln 12
Other incomeLn 4–11$75K
Gifts and grantsLn 1h$50K
Fees for servicesLn 2g$1
Money outPt IX
$42K
Ln 25
Programscol B$34K
Managementcol C$8K
Owns and owesPt X
$698K
net assets · Ln 32
Cash and savingsLn 1–2$77K
Total assetsLn 16$699K
LiabilitiesLn 26$1K
PeoplePt VI, VII
2
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Fees for servicesLn 2g$1
Other incomeLn 4–11$75K
Total revenueLn 12$125K
Assets in detailPt X, end of year
CashLn 1$77K
Cash and savings togetherLn 1–2$77K
Land, buildings, equipmentLn 10c$610K
Other assetsLn 15$12K
Total assetsLn 16$699K
LiabilitiesLn 26$1K
Net assetsLn 32$698K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$16K$77K
Land, buildings, equipmentLn 10c$625K$610K
Total assetsLn 16$653K$699K
LiabilitiesLn 26$38K$1K
Net assetsLn 32$615K$698K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$456$456
Office expensesLn 13$516$516
Information technologyLn 14$380$380
OccupancyLn 16$26K$26K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$408$408
All other expensesLn 24e$627$627
Total functional expensesLn 25$42K$34K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $391K$335K$56K$1.1M 990 PDF
FY2023 $364K$449K−$85K$1.0M 990 PDF
FY2022 $724K$509K$215K$1.1M 990 PDF
FY2021 $247K$46K$201K$899K 990 PDF
FY2020 Viewing $125K$42K$83K$698K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $125,160 revenue, 12 lines filed
I-8 Contributions and grants$50,000
I-9 Program service revenue$1
I-10 Investment income$0
I-11 Other revenuePrior year $89,152$75,159
I-12 Total revenuePrior year $89,152$125,160
I-13 Grants and similar amounts paidPrior year $11,100$2,865
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $23,021$39,046
I-18 Total expensesPrior year $34,121$41,911
I-19 Revenue less expensesPrior year $55,031$83,249
Part VI · Governance 2 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $125,160 across 5 lines filed
Lines not itemized here account for $127,186 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$50,000
VIII-1h Total contributions, gifts and grants$50,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1$1
VIII-6 Net rental income or lossExcluded from tax −$52,027−$52,027
VIII-12 Total revenueRelated to mission $127,187 · Excluded from tax −$52,027$125,160
Part IX · Statement of functional expenses $41,911 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $2,865$2,865
IX-11b Legal feesManagement $3,000$3,000
IX-11c Accounting feesManagement $4,996$4,996
IX-12 Advertising and promotionPrograms $456$456
IX-13 Office expensesPrograms $516$516
IX-14 Information technologyPrograms $380$380
IX-16 OccupancyPrograms $26,022$26,022
IX-23 InsurancePrograms $2,641$2,641
IX-24 Other expenses (24a–d)Programs $408$408
IX-24e All other expensesPrograms $627$627
IX-25 Total functional expensesPrograms $33,915 · Management $7,996 · Fundraising $0$41,911
Part X · Balance sheet $698,839 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $15,787$76,629
X-10c Land, buildings and equipment, netStart of year $625,154$609,741
X-15 Other assetsStart of year $12,080$12,469
X-16 Total assetsStart of year $653,021$698,839
X-26 Total liabilitiesStart of year $38,451$1,020
X-32 Total net assets or fund balancesStart of year $614,570$697,819
X-33 Total liabilities and net assetsStart of year $653,021$698,839
Part XI · Reconciliation of net assets $697,819 net assets at year end
XI-1 Total revenue$125,160
XI-2 Total expenses$41,911
XI-3 Revenue less expenses$83,249
XI-4 Net assets at start of year$614,570
XI-10 Net assets at end of year$697,819

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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