Berry Woods INC FY2020 filing

Tax-deductible

Loveland, OH501(c)(3)HousingEIN 30-0067253Revenue $263K in FY2020

On file with the IRS3394 Townsley Dr, 45140-1023 · Loveland, OHTax-exempt since May 2002Publicly supported charity — 170(b)(1)(A)(vi)

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Rental housing

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $81K a year · 31% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$3.6M
141% of total assets
Concern: liabilities are 141% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$263K
Spent
$336K
To programs
87%
Net assets
−$1.1M
By yearFY2020–FY2025
Revenue
$263K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$263K
FY2021$271K
FY2022$264K
FY2023$260K
FY2024$246K
FY2025$281K
Expenses
$336K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$336K
FY2021$331K
FY2022$335K
FY2023$344K
FY2024$352K
FY2025$369K
Net assets
−$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.1M
FY2021−$1.1M
FY2022−$1.2M
FY2023−$1.3M
FY2024−$1.4M
FY2025−$1.5M

From the FY2020 Form 990 (year ending September 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2002.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $292K Management & general 13% · $44K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Bd Member
$0Pt VII · Sec A
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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 15aYes

Programs and updates

Berry Woods INC is a housing nonprofit based in Loveland, OH.

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1 program · $336K · in their own filed words · FY2019
01

Rental HOUSING-ELDERLY--48 units

$336Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$263K
Ln 12
Fees for servicesLn 2g$263K
Investment incomeLn 3$88
Money outPt IX
$336K
Ln 25
Programscol B$292K
Managementcol C$44K
Owns and owesPt X
−$1.1M
net assets · Ln 32
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.6M
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$263K
Investment incomeLn 3$88
Total revenueLn 12$263K
Assets in detailPt X, end of year
Other assetsLn 15$2.6M
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.6M
Net assetsLn 32−$1.1M
OperationsPt I, VI
EmployeesI 56
VolunteersI 610
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Total assetsLn 16$2.7M$2.6M
LiabilitiesLn 26$3.6M$3.6M
Net assetsLn 32−$983K−$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$336K$292K$44K$0
Total functional expensesLn 25$336K$292K$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $281K$369K−$88K−$1.5M 990 PDF
FY2024 $246K$352K−$106K−$1.4M 990 PDF
FY2023 $260K$344K−$84K−$1.3M 990 PDF
FY2022 $264K$335K−$71K−$1.2M 990 PDF
FY2021 $271K$331K−$61K−$1.1M 990 PDF
FY2020 Viewing $263K$336K−$73K−$1.1M 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 $263,391 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $265,673$263,303
I-10 Investment incomePrior year $84$88
I-11 Other revenue$0
I-12 Total revenuePrior year $265,757$263,391
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $346,339$336,318
I-18 Total expensesPrior year $346,339$336,318
I-19 Revenue less expensesPrior year −$80,582−$72,927
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $263,391 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$263,303
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$88
VIII-12 Total revenueRelated to mission $263,391 · Unrelated business $0 · Excluded from tax $0$263,391
Part IX · Statement of functional expenses $336,318 across 1 line filed
IX-24 Other expenses (24a–d)Programs $292,147 · Management $44,171 · Fundraising $0$336,318
IX-25 Total functional expensesPrograms $292,147 · Management $44,171 · Fundraising $0$336,318
Part X · Balance sheet $2,589,616 assets, 6 lines filed
X-15 Other assetsStart of year $2,659,583$2,589,616
X-16 Total assetsStart of year $2,659,583$2,589,616
X-25 Other liabilitiesStart of year $3,642,189$3,645,149
X-26 Total liabilitiesStart of year $3,642,189$3,645,149
X-32 Total net assets or fund balancesStart of year −$982,606−$1,055,533
X-33 Total liabilities and net assetsStart of year $2,659,583$2,589,616
Part XI · Reconciliation of net assets −$1,055,533 net assets at year end
XI-1 Total revenue$263,391
XI-2 Total expenses$336,318
XI-3 Revenue less expenses−$72,927
XI-4 Net assets at start of year−$982,606
XI-10 Net assets at end of year−$1,055,533

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

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