Civic Intelligence

Riverwalk Education Foundation Inc.

990 • Fiscal year 2022 • EIN 01-0758906

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 12, 2023

5300 Wurzbach Rd Suite 800Leon Valley, TX 78238

(210) 957-1955

Siviq Scores

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

Liabilities / Assets

91st percentile

0.98x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

3.57x

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

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Net Margin

17th percentile

-6.0%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Top Officer Pay

4th percentile

$131,956

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2022

Asset Growth

96th percentile

60%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

26%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Assets

Up

$396,093,988

Up $148,524,830 (+60%) from 2021

Net Assets

Down

$6,524,395

Down $6,578,608 (-50%) from 2021

Liabilities

Up

$389,569,593

Up $155,103,438 (+66%) from 2021

Revenue

Up

$109,250,212

Up $22,872,878 (+26%) from 2021

Expenses

Up

$115,828,820

Up $30,249,185 (+35%) from 2021

Net Income

Down

-$6,578,608

Down $7,376,307 (-925%) from 2021

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2011: $10,872,988Liabilities 2011: $8,852,577Net Assets 2011: $2,020,4112011Assets 2012: $10,841,169Liabilities 2012: $8,605,255Net Assets 2012: $2,235,9142012Assets 2013: $12,066,032Liabilities 2013: $8,917,748Net Assets 2013: $3,148,2842013Assets 2014: $13,508,218Liabilities 2014: $9,727,856Net Assets 2014: $3,780,3622014Assets 2015: $14,315,712Liabilities 2015: $9,491,159Net Assets 2015: $4,824,5532015Assets 2016: $17,943,832Liabilities 2016: $12,349,528Net Assets 2016: $5,594,3042016Assets 2017: $17,198,515Liabilities 2017: $11,795,504Net Assets 2017: $5,403,0112017Assets 2018: $20,395,132Liabilities 2018: $13,159,046Net Assets 2018: $7,236,0862018Assets 2019: $25,447,534Liabilities 2019: $19,146,130Net Assets 2019: $6,301,4042019Assets 2020: $214,251,618Liabilities 2020: $201,946,314Net Assets 2020: $12,305,3042020Assets 2021: $247,569,158Liabilities 2021: $234,466,155Net Assets 2021: $13,103,0032021Assets 2022: $396,093,988Liabilities 2022: $389,569,593Net Assets 2022: $6,524,3952022Assets 2023: $397,745,881Liabilities 2023: $394,658,104Net Assets 2023: $3,087,7772023Assets 2024: $441,924,786Liabilities 2024: $432,511,737Net Assets 2024: $9,413,0492024

Highlighted filing

2022

Assets$396,093,988
Liabilities$389,569,593
Net Assets$6,524,395

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2011: $12,744,374Expenses 2011: $12,590,895Net Income 2011: $153,4792011Expenses 2012: $14,029,8922012Revenue 2013: $13,674,232Expenses 2013: $12,761,862Net Income 2013: $912,3702013Revenue 2014: $15,798,340Expenses 2014: $15,121,559Net Income 2014: $676,7812014Revenue 2015: $17,489,248Expenses 2015: $16,445,057Net Income 2015: $1,044,1912015Revenue 2016: $18,706,349Expenses 2016: $17,936,598Net Income 2016: $769,7512016Revenue 2017: $26,252,355Expenses 2017: $26,702,250Net Income 2017: -$449,8952017Revenue 2018: $32,999,216Expenses 2018: $31,286,854Net Income 2018: $1,712,3622018Revenue 2019: $43,344,697Expenses 2019: $44,279,379Net Income 2019: -$934,6822019Revenue 2020: $63,633,991Expenses 2020: $61,611,240Net Income 2020: $2,022,7512020Revenue 2021: $86,377,334Expenses 2021: $85,579,635Net Income 2021: $797,6992021Revenue 2022: $109,250,212Expenses 2022: $115,828,820Net Income 2022: -$6,578,6082022Revenue 2023: $128,443,292Expenses 2023: $133,277,490Net Income 2023: -$4,834,1982023Revenue 2024: $141,902,616Expenses 2024: $135,577,344Net Income 2024: $6,325,2722024

Highlighted filing

2022

Revenue$109,250,212
Expenses$115,828,820
Net Income-$6,578,608
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 12, 2023
Return Version
2021v4.0
Gross Receipts
$109,250,212
Mission and Program Overview

Mission

The mission is to create a safe and healthy environment that nurtures, motivates, and enables our youth to develop into mindful and responsible people who contribute to their community and to the diverse society in which we all live.

Our mission drives academic and socio-emotional development through a rigorous college preparatory, stem-based learning model. The model is anchored on 21st century skills, embraced by a character-building approach, and delivered in an enriching, safe, and student-centered learning environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$199,352,307$253,337,016▲ $53,984,709
Cash and Non-Interest-Bearing Accounts$32,461,966$124,843,814▲ $92,381,848
Pledges and Grants Receivable$15,144,653$17,496,380▲ $2,351,727
Accounts Receivable$55,428--
Total Assets$247,569,158$396,093,988▲ $148,524,830
Other Assets Total$554,804$416,778▼ $138,026
Liabilities
Tax Exempt Bond Liabilities$190,142,896$341,136,004▲ $150,993,108
Other Liabilities$27,768,324$36,390,649▲ $8,622,325
Mortgage Notes Payable Secured by Investment Property$12,340,146--
Accounts Payable and Accrued Expenses$4,214,789$12,042,940▲ $7,828,151
Total Liabilities$234,466,155$389,569,593▲ $155,103,438
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,999,241$5,420,340▼ $2,578,901
Net Assets Without Donor Restrictions$5,103,762$1,104,055▼ $3,999,707
Total Net Assets Fund Balance$13,103,003$6,524,395▼ $6,578,608
Total Liabilities and Net Assets / Fund Balance$247,569,158$396,093,988▲ $148,524,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$148,476,618$15,300,523$163,777,141
Other Land Buildings$72,220,600$140,772$72,361,372
Land$28,645,732-$28,645,732
Equipment$3,994,066$4,045,146$8,039,212
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Fevzi SimsekSuperintendeFT$131,956$131,956
Mehmet NalcaciCEO/ Adv toFT$129,809$129,809
Atnan EkinReg Exec DirectorFT$119,206$119,206
Muhammet PakdilReg Exec DirectorFT$109,962$109,962
Zekeriya YukselDirector ofFT$108,366$108,366
Alpaslan UzgorenPrincipalFT$105,072$105,072
Mustafa KililogluHead of AcedFT$104,895$104,895
Kevin E DemirciCOOFT$100,346$100,346

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Key Contrsuction INCConstruction741 W 2ND ST N, Wichita, KS 67203$2,173,676
Alamo ArchitectsArchitecture1512 SOUTH FORES, San Antonio, TX 78204$2,125,714
Cohn-huggins LLCRent7100 HIGH LIFE DRIVE, Rent, TX 77066$1,045,500
Specialized Assessment & ConsultingConsulting10242 GREENHOUSE RD 1701, Cypress, TX 77433$873,255
Crystal Facility Solutions INCCleaning Comp.11011 S WILCREST DR SUITE B, Houston, TX 77099$780,385
Revenue and Support

Revenue Composition

Contributions and Grants
$106,567,553
Program Service Revenue
$2,652,009
Investment Income
$30,650
Other Revenue
$0
Change in Net Assets
$-6,578,608

Audited Revenue Reconciliation

Revenue per Audited Statements
$109,250,212
Total Revenue per Audited Statements
$109,250,212
Total Revenue per Form 990
$109,250,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$70,445,581
Other Expenses$45,383,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,522,621$4,327,644-$61,850,265
Fees for Services Other$10,785,499$365,189-$11,150,688
Interest$7,267,728--$7,267,728
Other Employee Benefits$6,546,200$625,560-$7,171,760
Depreciation Depletion$4,965,340--$4,965,340
Other Expenses$2,179,448$585,022-$2,179,448
All Other Expenses$1,763,509$6,500-$1,770,009
Occupancy$1,116,134--$1,116,134
Payroll Taxes$986,270$75,175-$1,061,445
Insurance$400,922--$400,922
Current Officers, Directors, Trustees, and Key Employees-$362,111-$362,111
Travel$176,516$63,784-$240,300
Fees for Services Legal-$107,436-$107,436
Fees for Services Accounting-$97,504-$97,504
Total Functional Expenses$108,986,996$6,841,824$0$115,828,820

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$115,828,820
Total Expenses per Audited Statements$115,828,820
Total Expenses per Form 990$115,828,820
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease$21,252,964
Wages Payable$7,471,118
Interest Payable$4,147,459
Accrued Liabilities$2,244,234
Payroll Taxes Payable$921,253
Deferred Revenue$185,290
Finance Lease$168,331

Bond Issues

BondIssuerIssuedIssue PricePurpose
CArlington Hefc2019-12-17$189,867,705To finance new buildings and structures
DArlington Hefc2022-04-13$160,277,509To pay off current debt and finance new buildings and structures
ADanbury Higher Education Authority2014-04-15$7,420,000To refund existing bonds and notes and to finance buildings and structures
BDanbury Higher Education Authority2016-05-10$2,041,000To finance new buildings and structures

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$189,867,705--$1,603,920
D$159,642,626--$5,615,847
A$7,669,520$2,276$6,932,939$153,390
B$2,041,000$43,072,191-$40,820

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by management and members of governing body before it is filed.

Form 990, Page 6, Part VI, Line 12C

All members of the organization are required to disclose conflicts of interest as they arise. Relationships with third parties are reviewed annually.

Form 990, Page 6, Part VI, Line 15A

Annual salary review is performed by the board and salaries are adjusted in accordance with established salary scale.

Form 990, Page 6, Part VI, Line 15B

Compensation is reviewed annually and adjusted in accordance with salary scale.

Form 990, Page 6, Part VI, Line 19

Written requests for information may be submitted to the principal address indicated on form 990.

Filing and Contact Details

Filer

Filer Name
Riverwalk Education Foundation Inc
EIN
01-0758906
Phone
2109571955
Address
5300 WURZBACH RD SUITE 800, LEON VALLEY, TX 78238

Signing Officer

Name
Fevzi Simsek
Title
Superintendent
Phone
2109571955
Signed
2023-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fevzi Simsek
Formed
2002
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
1,475

Preparer

Firm
Gomez & Company
Address
5177 RICHMOND AVE STE 1100, HOUSTON, TX 77056-6748
Preparer
Benjamin P Gomez
Phone
7136665900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission drives academic and socio-emotional development through a rigorous college preparatory, stem-based learning model. The model is anchored on 21st century skills, embraced by a character-building approach, and delivered in an enriching, safe, and student-centered learning environment.

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IRS990/Form990PartVIISectionAGrp/PersonNm12DR SULEYMAN TEK
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0SUPERINTENDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO/ ADV TO
IRS990/Form990PartVIISectionAGrp/TitleTxt2REG EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3REG EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt6HEAD OF ACED
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02002
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToOrganizationsInd0false
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0400922
IRS990/InsuranceGrp/TotalAmt0400922
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IRS990/InterestGrp/TotalAmt07267728
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030650
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IRS990/InvestTaxExemptBondsInd0false
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IRS990/LandBldgEquipAccumDeprecAmt019486441
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0199352307
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0253337016
IRS990/LandBldgEquipCostOrOtherBssAmt0272823457
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR MISSION DRIVES ACADEMIC AND SOCIO-EMOTIONAL DEVELOPMENT THROUGH A RIGOROUS COLLEGE PREPARATORY, STEM-BASED LEARNING MODEL. THE MODEL IS ANCHORED ON 21ST CENTURY SKILLS, EMBRACED BY A CHARACTER-BUILDING APPROACH, AND DELIVERED IN AN ENRICHING, SAFE, AND STUDENT-CENTERED LEARNING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt013103003
IRS990/NetAssetsOrFundBalancesEOYAmt06524395
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05103762
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01104055
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01116134
IRS990/OccupancyGrp/TotalAmt01116134
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0554804
IRS990/OtherAssetsTotalGrp/EOYAmt0416778
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0625560
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06546200
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07171760
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT LEASE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0225899
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1585022
IRS990/OtherExpensesGrp/ProgramServicesAmt010042189
IRS990/OtherExpensesGrp/ProgramServicesAmt12334776
IRS990/OtherExpensesGrp/ProgramServicesAmt22899844
IRS990/OtherExpensesGrp/ProgramServicesAmt32179448
IRS990/OtherExpensesGrp/TotalAmt010268088
IRS990/OtherExpensesGrp/TotalAmt12919798
IRS990/OtherExpensesGrp/TotalAmt22899844
IRS990/OtherExpensesGrp/TotalAmt32179448
IRS990/OtherLiabilitiesGrp/BOYAmt027768324
IRS990/OtherLiabilitiesGrp/EOYAmt036390649
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04327644
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057522621
IRS990/OtherSalariesAndWagesGrp/TotalAmt061850265
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt075175
IRS990/PayrollTaxesGrp/ProgramServicesAmt0986270
IRS990/PayrollTaxesGrp/TotalAmt01061445
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015144653
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt017496380
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FEVZI SIMSEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02652009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02652009
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt085349353
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09620
IRS990/PYOtherExpensesAmt032723187
IRS990/PYProgramServiceRevenueAmt01018361
IRS990/PYRevenuesLessExpensesAmt0797699
IRS990/PYSalariesCompEmpBnftPaidAmt052856448
IRS990/PYTotalExpensesAmt085579635
IRS990/PYTotalRevenueAmt086377334
IRS990/ReconcilationRevenueExpnssAmt0-6578608
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0148476618
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015300523
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0163777141
IRS990ScheduleD/EquipmentGrp/BookValueAmt03994066
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04045146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08039212
IRS990ScheduleD/ExpensesSubtotalAmt0115828820
IRS990ScheduleD/LandGrp/BookValueAmt028645732
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt028645732
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072220600
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0140772
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072361372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021252964
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17471118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24147459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32244234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4921253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5185290
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6168331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6FINANCE LEASE
IRS990ScheduleD/RevenueSubtotalAmt0109250212
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0253337016
IRS990ScheduleD/TotalExpensesPerForm990Amt0115828820
IRS990ScheduleD/TotalLiabilityAmt036390649
IRS990ScheduleD/TotalRevenuePerForm990Amt0109250212
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0109250212
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0115828820
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ONLINE AND PAPER COPIES OF THE ADMISSION APPLICATION FOR ALL CAMPUSES HAVE A NONDISCRIMINATORY STATEMENT INCLUDED. SCHOOL BROCHURES WHICH ARE INCLUDED WITH ADMISSION APPLICATIONS AND INVITATION DOCUMENTS SENT TO OTHER SCHOOL DISTRICTS ALSO INCLUDE A NONDISCRIMINATORY POLICY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES GOVERNMENTAL ASSISTANCE FROM BOTH STATE AND FEDERAL SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd3D
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd2false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd3false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0DANBURY HIGHER EDUCATION AUTHORITY TO REFUND EXISTING BONDS AND NOTES AND TO FINANCE BUILDINGS AND STRUCTURES
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1DANBURY HIGHER EDUCATION AUTHORITY TO FINANCE NEW BUILDINGS AND STRUCTURES
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt2ARLINGTON HEFC TO FINANCE NEW BUILDINGS AND STRUCTURES
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt3ARLINGTON HEFC TO PAY OFF CURRENT DEBT AND FINANCE NEW BUILDINGS AND STRUCTURES
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc2PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc3PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$442$433$9.41$142$136$6.33
2023Detailed filing. Detailed filing data is available for this year.$398$395$3.09$128$133$4.83
2022Detailed filing. Detailed filing data is available for this year.$396$390$6.52$109$116$6.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$248$234$13.1$86.4$85.6$0.80
2020Detailed filing. Detailed filing data is available for this year.$214$202$12.3$63.6$61.6$2.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$19.1$6.30$43.3$44.3$0.93
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$13.2$7.24$33.0$31.3$1.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$11.8$5.40$26.3$26.7$0.45
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$12.3$5.59$18.7$17.9$0.77
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$9.49$4.82$17.5$16.4$1.04
2014Detailed filing. Detailed filing data is available for this year.$13.5$9.73$3.78$15.8$15.1$0.68
2013Summary only. Only limited summary data is available for this year.$12.1$8.92$3.15$13.7$12.8$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$8.61$2.24$14.0
2011Summary only. Only limited summary data is available for this year.$10.9$8.85$2.02$12.7$12.6$0.15