St Mark Manor INC FY2020 filing

Tax-deductible

Cordova, TN501(c)(3)Since 1989EIN 58-1747759Revenue $242K in FY2020

On file with the IRSwesleyliving.com1615 Appling Rd, 38016-4907 · Cordova, TNTax-exempt since Dec 1987Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

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
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
5 of 6
filings with a surplus
Average surplus $73K a year · 18% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $37K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$567K
174% of total assets
Concern: liabilities are 174% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
Spent
$228K
To programs
79%
Net assets
−$241K
By yearFY2020–FY2025
Revenue
$242K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$242K
FY2021$237K
FY2022$281K
FY2023$809K
FY2024$434K
FY2025$499K
Expenses
$228K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$228K
FY2021$237K
FY2022$238K
FY2023$301K
FY2024$562K
FY2025$497K
Net assets
−$241K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$241K
FY2021−$240K
FY2022−$197K
FY2023$311K
FY2024$183K
FY2025$186K

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

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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 Dec 1987.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $180K Management & general 21% · $48K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See St Mark Manor INC executive salaries →

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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

Provides affordable housing and related services for low-income elderly individuals.

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Provided by the organization

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1 program · $180K · in their own filed words · FY2019
01

Provide apartment units and other related services under the terms of the U.S. Department of housing and urban development programs for very low and extremely low income elderly individuals.

$180Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$37K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Gifts and grantsLn 1h$150K
Fees for servicesLn 2g$86K
Other incomeLn 4–11$5K
Money outPt IX
$228K
Ln 25
Programscol B$180K
Managementcol C$48K
Owns and owesPt X
−$241K
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$326K
LiabilitiesLn 26$567K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150K
Government grantsLn 1e$150K
Fees for servicesLn 2g$86K
Investment incomeLn 3$18
Other incomeLn 4–11$5K
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$3K
Cash and savings togetherLn 1–2$3K
Land, buildings, equipmentLn 10c$230K
Other assetsLn 15$63K
Total assetsLn 16$326K
LiabilitiesLn 26$567K
Net assetsLn 32−$241K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3K$3K
Land, buildings, equipmentLn 10c$255K$230K
Total assetsLn 16$349K$326K
LiabilitiesLn 26$604K$567K
Net assetsLn 32−$255K−$241K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$50K$50K
Pension plan contributionsLn 8$1K$1K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$14K$14K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$20$20
Advertising and promotionLn 12$600$600
Office expensesLn 13$17K$17K
Information technologyLn 14$4K$4K
OccupancyLn 16$50K$50K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$614$614
InterestLn 20$25K$25K
Depreciation, depletion and amortizationLn 22$29K$29K
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$228K$180K$48K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $499K$497K$3K$186K 990 PDF
FY2024 $434K$562K−$128K$183K 990 PDF
FY2023 $809K$301K$508K$311K 990 PDF
FY2022 $281K$238K$43K−$197K 990 PDF
FY2021 $237K$237K$623−$240K 990 PDF
FY2020 Viewing $242K$228K$14K−$241K 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 $242,326 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $139,821$150,477
I-9 Program service revenuePrior year $74,542$86,391
I-10 Investment incomePrior year $27$18
I-11 Other revenuePrior year $0$5,440
I-12 Total revenuePrior year $214,390$242,326
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $54,894$58,500
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $177,199$169,409
I-18 Total expensesPrior year $232,093$227,909
I-19 Revenue less expensesPrior year −$17,703$14,417
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
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 $242,326 across 6 lines filed
VIII-1e Government grants$150,477
VIII-1h Total contributions, gifts and grants$150,477
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $86,391$86,391
VIII-3 Investment incomeExcluded from tax $18$18
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,440$5,440
VIII-12 Total revenueRelated to mission $91,831 · Unrelated business $0 · Excluded from tax $18$242,326
Part IX · Statement of functional expenses $227,909 across 18 lines filed
IX-7 Other salaries and wagesPrograms $49,806$49,806
IX-8 Pension plan contributionsPrograms $1,207$1,207
IX-9 Other employee benefitsPrograms $4,204$4,204
IX-10 Payroll taxesPrograms $3,283$3,283
IX-11a Management feesManagement $13,854$13,854
IX-11b Legal feesManagement $2,387$2,387
IX-11c Accounting feesManagement $6,504$6,504
IX-11g Other fees for servicesPrograms $20$20
IX-12 Advertising and promotionManagement $600$600
IX-13 Office expensesManagement $17,387$17,387
IX-14 Information technologyManagement $4,477$4,477
IX-16 OccupancyPrograms $49,844$49,844
IX-17 TravelManagement $1,851$1,851
IX-19 Conferences, conventions and meetingsManagement $614$614
IX-20 InterestPrograms $24,702$24,702
IX-22 Depreciation, depletion and amortizationPrograms $29,168$29,168
IX-23 InsurancePrograms $15,693$15,693
IX-24 Other expenses (24a–d)Programs $2,308$2,308
IX-25 Total functional expensesPrograms $180,235 · Management $47,674 · Fundraising $0$227,909
Part X · Balance sheet $325,864 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $2,683$2,924
X-4 Accounts receivableStart of year $1,642$5,275
X-9 Prepaid expenses and deferred chargesStart of year $1,085$206
X-10c Land, buildings and equipment, netStart of year $254,800$229,691
X-14 Intangible assetsStart of year $26,484$24,719
X-15 Other assetsStart of year $62,304$63,049
X-16 Total assetsStart of year $348,998$325,864
X-17 Accounts payable and accrued expensesStart of year $61,923$51,785
X-25 Other liabilitiesStart of year $4,383$4,987
X-26 Total liabilitiesStart of year $604,076$566,525
X-27 Net assets without donor restrictionsStart of year −$255,078−$240,661
X-32 Total net assets or fund balancesStart of year −$255,078−$240,661
X-33 Total liabilities and net assetsStart of year $348,998$325,864
Part XI · Reconciliation of net assets −$240,661 net assets at year end
XI-1 Total revenue$242,326
XI-2 Total expenses$227,909
XI-3 Revenue less expenses$14,417
XI-4 Net assets at start of year−$255,078
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$240,661

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

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