Caravilla Inc
- Assets
- $3.5m
- Revenue
- $575.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Janesville, WI
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 35-2381232
Organization Overview
Caravilla Inc is located in Janesville, WI. The organization was established in 2011. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caravilla Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Caravilla Inc generated $575.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $383.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCEPT, ACQUIRE, OWN, LEASE, HOLD, DEVELOP, OPERATE, SELL, DISPOSE OF AND OTHERWISE MANAGE REAL ESTATE TO PROVIDE OPERATIONAL LOCATIONS FOR NOT-FOR-PROFIT ENTITIES, INCLUDING, BUT NOT NECESSARILY LIMITED TO ROCK VALLEY COMMUNITY PROGRAMS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARAVILLA, INC. PROVIDES QUALITY, COST-EFFECTIVE HOUSING FOR ADULTS, INCLUDING VETERANS RE-ENTERING THE COMMUNITY OR IN NEED OF TRANSITIONAL RESIDENTIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheniqua White Director | Trustee | 1 | $0 |
Captain Dan Molland Director | Trustee | 1 | $0 |
David Hicks President (beg September) | OfficerTrustee | 8 | $0 |
Shameeka Martin President (thru August) | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $564,995 |
| Investment income | $4,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $320 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,992 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,843 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,177 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,710 |
| Insurance | $35,138 |
| All other expenses | $0 |
| Total functional expenses | $383,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,642 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,787 |
| Accounts receivable, net | $16,961 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $475 |
| Net Land, buildings, and equipment | $3,138,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,667 |
| Other assets | $121,748 |
| Total assets | $3,483,429 |
| Accounts payable and accrued expenses | $18,649 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,957,732 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,976,381 |
| Net assets without donor restrictions | $507,048 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,483,429 |