Civic Intelligence

Montrose Foundation Inc.

990 • Fiscal year 2015 • EIN 04-2668765

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

29 North StreetMedfield, MA 02052

(508) 359-2423

Siviq Scores

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

Liabilities / Assets

61st percentile

0.36x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

1.22x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

22nd percentile

$98,096

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

30th percentile

-3.1%

Faster revenue growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$19,193,802

Up $2,573,024 (+15%) from 2014

Net Assets

Up

$12,319,771

Up $1,257,221 (+11%) from 2014

Liabilities

Up

$6,874,031

Up $1,315,803 (+24%) from 2014

Revenue

Down

$5,657,262

Down $183,568 (-3.1%) from 2014

Expenses

Up

$4,412,010

Up $307,340 (+7.5%) from 2014

Net Income

Down

$1,245,252

Down $490,908 (-28%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $12,954,028Liabilities 2012: $6,116,571Net Assets 2012: $6,837,4572012Assets 2013: $15,219,185Liabilities 2013: $5,910,602Net Assets 2013: $9,308,5832013Assets 2014: $16,620,778Liabilities 2014: $5,558,228Net Assets 2014: $11,062,5502014Assets 2015: $19,193,802Liabilities 2015: $6,874,031Net Assets 2015: $12,319,7712015Assets 2016: $19,542,305Liabilities 2016: $6,235,044Net Assets 2016: $13,307,2612016Assets 2017: $19,229,755Liabilities 2017: $5,230,386Net Assets 2017: $13,999,3692017Assets 2018: $19,317,706Liabilities 2018: $5,455,666Net Assets 2018: $13,862,0402018Assets 2019: $18,479,525Liabilities 2019: $5,225,962Net Assets 2019: $13,253,5632019Assets 2020: $19,504,463Liabilities 2020: $6,056,557Net Assets 2020: $13,447,9062020Assets 2021: $18,590,536Liabilities 2021: $4,607,886Net Assets 2021: $13,982,6502021Assets 2022: $17,933,464Liabilities 2022: $5,178,217Net Assets 2022: $12,755,2472022Assets 2023: $17,957,384Liabilities 2023: $4,946,469Net Assets 2023: $13,010,9152023Assets 2024: $21,821,037Liabilities 2024: $5,726,244Net Assets 2024: $16,094,7932024Assets 2025: $26,831,781Liabilities 2025: $6,097,265Net Assets 2025: $20,734,5162025

Highlighted filing

2015

Assets$19,193,802
Liabilities$6,874,031
Net Assets$12,319,771

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $3,376,5712012Revenue 2013: $6,283,563Expenses 2013: $3,844,765Net Income 2013: $2,438,7982013Revenue 2014: $5,840,830Expenses 2014: $4,104,670Net Income 2014: $1,736,1602014Revenue 2015: $5,657,262Expenses 2015: $4,412,010Net Income 2015: $1,245,2522015Revenue 2016: $5,694,018Expenses 2016: $4,694,558Net Income 2016: $999,4602016Revenue 2017: $5,552,447Expenses 2017: $4,893,466Net Income 2017: $658,9812017Revenue 2018: $5,946,109Expenses 2018: $6,053,489Net Income 2018: -$107,3802018Revenue 2019: $6,216,709Expenses 2019: $6,829,970Net Income 2019: -$613,2612019Revenue 2020: $7,342,546Expenses 2020: $7,173,157Net Income 2020: $169,3892020Revenue 2021: $8,753,750Expenses 2021: $8,219,007Net Income 2021: $534,7432021Revenue 2022: $7,647,629Expenses 2022: $8,304,924Net Income 2022: -$657,2952022Revenue 2023: $9,184,798Expenses 2023: $9,212,452Net Income 2023: -$27,6542023Revenue 2024: $13,853,391Expenses 2024: $10,769,513Net Income 2024: $3,083,8782024Revenue 2025: $16,691,451Expenses 2025: $12,089,078Net Income 2025: $4,602,3732025

Highlighted filing

2015

Revenue$5,657,262
Expenses$4,412,010
Net Income$1,245,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$6,310,776
Mission and Program Overview

Mission

To educate young women to pursue the truth in all they do. Built on the foundation of a rich liberal arts curriculum, personal character formation, and collaboration with parents, each student is challenged to cultivate intellect, character, leadership, service, faith and reason.

To educate young women to pursue the truth in all they do. Built on the founation of a rich liberal arts curriculum, personal character formation, and collaboration with parents, each student is challenged to cultivate intellect, character, leadership, service, faith and reason.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,757,571$18,104,300▲ $2,346,729
Cash and Non-Interest-Bearing Accounts$543,595$1,061,091▲ $517,496
Investments Program Related$307,096$0▼ $307,096
Total Assets$16,620,778$19,193,802▲ $2,573,024
Other Assets Total$12,516$28,411▲ $15,895
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,484,486$5,413,885▲ $929,399
Deferred Revenue$989,595$1,265,256▲ $275,661
Other Liabilities$84,147$194,890▲ $110,743
Total Liabilities$5,558,228$6,874,031▲ $1,315,803
Net Assets / Fund Balance
Unrestricted Net Assets$11,062,550$12,319,771▲ $1,257,221
Total Net Assets Fund Balance$11,062,550$12,319,771▲ $1,257,221
Total Liabilities and Net Assets / Fund Balance$16,620,778$19,193,802▲ $2,573,024

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,039,758$1,818,636$13,858,394
Leasehold Improvements$4,031,065$937,853$4,968,918
Land$1,943,713-$1,943,713
Other Land Buildings$56,908$207,921$264,829
Equipment$32,856$221,408$254,264
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen BohlinHead of SchoolFT$98,096$98,096
Gordon RingerBusiness ManagerFT$61,331$61,331

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert Olson & AssociatesArchitecture374 CONGRESS STREET, Boston, MA 02210$105,289
Revenue and Support

Revenue Composition

Contributions and Grants
$1,799,131
Program Service Revenue
$3,850,961
Investment Income
$6,232
Other Revenue
$938
All Other Contributions
$1,799,131
Change in Net Assets
$1,245,252

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,657,262
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$114,011
Total Revenue per Audited Statements
$5,771,273
Total Revenue per Form 990
$5,657,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,661,754
Other Expenses$1,750,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,302,014--$2,302,014
Depreciation Depletion$431,484--$431,484
Insurance$320,619--$320,619
Occupancy$314,547--$314,547
Payroll Taxes$199,407--$199,407
Current Officers, Directors, Trustees, and Key Employees-$159,427-$159,427
Interest$118,614--$118,614
Office Expenses$105,991--$105,991
Information Technology$47,656--$47,656
Advertising$43,448--$43,448
Other Expenses$26,958--$26,958
All Other Expenses$24,366--$24,366
Fees for Services Accounting-$8,500-$8,500
Fees for Services Legal-$5,250-$5,250
Fees for Services Other-$2,645-$2,645
Other Employee Benefits$906--$906
Total Functional Expenses$4,236,188$175,822$0$4,412,010

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,461,941
Expenses per Audited Statements$4,412,010
Total Expenses per Form 990$4,412,010
Expenses Not Reported on Form 990$49,931
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$243,325
Fundraising Direct Expenses$239,667
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Moms Auction$243,325$243,325$239,667$3,658
Total Events$243,325$243,325$239,667$3,658
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$190,354
Lease Deposits$3,718
Payroll Taxes Payable$818
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

All board meetings are properly documented.

Form 990, Part VI, Section A, Line 6

The organizations memebers are made up of the original incorporators, trustees and officers.

Form 990, Part VI, Section A, Line 7A

The member trustees and officers of the governing body are nominated and elected by other members and trustees at the annual meeting.

Form 990, Part VI, Section A, Line 7B

The governing body does not have committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section A, Line 7B

All meetings are properly documented.

Form 990, Part VI, Section B, Line 11

The details of form 990 are left up to the financial officer as stated in the organizations bylaws.

Form 990, Part VI, Section B, Line 12C

Any board member who receives a written inquiry, complaint, or suggestion shall present it before the board at the next board meeting. After an inquiry, complaint or suggestion has been heard by the board and if it is found to be of merit, any action taken shall be by approval by the vote of the board. If the matter is found to be without merit, or it the board votes to table or dismiss the issue, the petitioner shall be notified of the outcome in writing by the president.

Form 990, Part VI, Section C, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Montrose Foundation Inc
EIN
04-2668765
Phone
5083592423
Address
29 NORTH STREET, MEDFIELD, MA 02052

Signing Officer

Name
Gordon Ringer
Title
Business Manager
Phone
5083592423
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Ringer
Formed
1978
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
2
Employees
84
Volunteers
50

Preparer

Firm
Curtis P Patalano CPA LLC
Address
137 SCHOOL STREET, FRANKLIN, MA 02038-2015
Preparer
Denise M Smith CPA
Phone
5085280260
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Accrual to cash adjustment for taxes purposes 11,969.

Financial Statement Notes

PART X, LINE 2:

The organization follows the accounting for uncertainty in income taxes standard, which requires the organization to report certain uncertain tax positions, related interest and penalties, and to adjust its assets and liabilities related to unrecognized tax benefits and accrued interest and penalties accordingly. As of june 30, 2015, the organization determined that there are no material unrecognized tax benefits to report.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rent expense of $91,312 to reduce rental income accrual to cash adjustment of $22,699

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expense of $91,312 to reduce rental income accrual to cash adjustment of ($41,381)

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IRS990/InterestGrp/TotalAmt0118614
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01805
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01805
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0307096
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03185818
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015757571
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018104300
IRS990/LandBldgEquipCostOrOtherBssAmt021290118
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0322535
IRS990/LessRentalExpensesGrp/RealAmt091312
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNDATION OF A RICH LIBERAL ARTS CURRICULUM, CHARACTER FORMATION, AND COLLABORATION WITH PARENTS, EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04484486
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05413885
IRS990/NetAssetsOrFundBalancesBOYAmt011062550
IRS990/NetAssetsOrFundBalancesEOYAmt012319771
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04427
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04427
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03658
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03658
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-12047
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-12047
IRS990/NetUnrelatedBusTxblIncmAmt0-12047
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0314547
IRS990/OccupancyGrp/TotalAmt0314547
IRS990/OfficeExpensesGrp/ProgramServicesAmt0105991
IRS990/OfficeExpensesGrp/TotalAmt0105991
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012516
IRS990/OtherAssetsTotalGrp/EOYAmt028411
IRS990/OtherChangesInNetAssetsAmt011969
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0906
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0906
IRS990/OtherExpensesGrp/Desc0GENERAL AND ADMINISTRAT
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2EDUCATION
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0144749
IRS990/OtherExpensesGrp/ProgramServicesAmt1116057
IRS990/OtherExpensesGrp/ProgramServicesAmt239372
IRS990/OtherExpensesGrp/ProgramServicesAmt326958
IRS990/OtherExpensesGrp/TotalAmt0144749
IRS990/OtherExpensesGrp/TotalAmt1116057
IRS990/OtherExpensesGrp/TotalAmt239372
IRS990/OtherExpensesGrp/TotalAmt326958
IRS990/OtherLiabilitiesGrp/BOYAmt084147
IRS990/OtherLiabilitiesGrp/EOYAmt0194890
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09327
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09327
IRS990/OtherRevenueTotalAmt09327
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0199407
IRS990/PayrollTaxesGrp/TotalAmt0199407
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GORDON RINGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03850961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03850961
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02023465
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021750
IRS990/PYOtherExpensesAmt01601267
IRS990/PYOtherRevenueAmt0188953
IRS990/PYProgramServiceRevenueAmt03606662
IRS990/PYRevenuesLessExpensesAmt01736160
IRS990/PYSalariesCompEmpBnftPaidAmt02503403
IRS990/PYTotalExpensesAmt04104670
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05840830
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01245252
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-12047
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03866520
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012039758
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01818636
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013858394
IRS990ScheduleD/EquipmentGrp/BookValueAmt032856
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0221408
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0254264
IRS990ScheduleD/ExpensesNotReportedAmt049931
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04412010
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01943713
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01943713
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04031065
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0937853
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04968918
IRS990ScheduleD/OtherExpensesIncludedAmt049931
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt056908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0207921
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0264829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13718
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2190354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherRevenueAmt0114011
IRS990ScheduleD/RevenueNotReportedAmt0114011
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05657262
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE ORGANIZATION TO REPORT CERTAIN UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2015, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSE OF $91,312 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF $22,699
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE OF $91,312 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF ($41,381)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018104300
IRS990ScheduleD/TotalExpensesPerForm990Amt04412010
IRS990ScheduleD/TotalLiabilityAmt0194890
IRS990ScheduleD/TotalRevenuePerForm990Amt05657262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05771273
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04461941
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ABOVE POLICIES ARE MADE KNOWN DURING THE REGISTRATION PROCESS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0239667
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MOMS AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0243325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0243325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0243325
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0243325
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03658
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0239667
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0239667
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BOARD MEETINGS ARE PROPERLY DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS MEMEBERS ARE MADE UP OF THE ORIGINAL INCORPORATORS, TRUSTEES AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBER TRUSTEES AND OFFICERS OF THE GOVERNING BODY ARE NOMINATED AND ELECTED BY OTHER MEMBERS AND TRUSTEES AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL MEETINGS ARE PROPERLY DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DETAILS OF FORM 990 ARE LEFT UP TO THE FINANCIAL OFFICER AS STATED IN THE ORGANIZATIONS BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANY BOARD MEMBER WHO RECEIVES A WRITTEN INQUIRY, COMPLAINT, OR SUGGESTION SHALL PRESENT IT BEFORE THE BOARD AT THE NEXT BOARD MEETING. AFTER AN INQUIRY, COMPLAINT OR SUGGESTION HAS BEEN HEARD BY THE BOARD AND IF IT IS FOUND TO BE OF MERIT, ANY ACTION TAKEN SHALL BE BY APPROVAL BY THE VOTE OF THE BOARD. IF THE MATTER IS FOUND TO BE WITHOUT MERIT, OR IT THE BOARD VOTES TO TABLE OR DISMISS THE ISSUE, THE PETITIONER SHALL BE NOTIFIED OF THE OUTCOME IN WRITING BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCRUAL TO CASH ADJUSTMENT FOR TAXES PURPOSES 11,969.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$26.8$6.10$20.7$16.7$12.1$4.60
2024Detailed filing. Detailed filing data is available for this year.$21.8$5.73$16.1$13.9$10.8$3.08
2023Detailed filing. Detailed filing data is available for this year.$18.0$4.95$13.0$9.18$9.21$0.03
2022Detailed filing. Detailed filing data is available for this year.$17.9$5.18$12.8$7.65$8.30$0.66
2021Detailed filing. Detailed filing data is available for this year.$18.6$4.61$14.0$8.75$8.22$0.53
2020Detailed filing. Detailed filing data is available for this year.$19.5$6.06$13.4$7.34$7.17$0.17
2019Detailed filing. Detailed filing data is available for this year.$18.5$5.23$13.3$6.22$6.83$0.61
2018Detailed filing. Detailed filing data is available for this year.$19.3$5.46$13.9$5.95$6.05$0.11
2017Detailed filing. Detailed filing data is available for this year.$19.2$5.23$14.0$5.55$4.89$0.66
2016Detailed filing. Detailed filing data is available for this year.$19.5$6.24$13.3$5.69$4.69$1.00
2015Detailed filing. Detailed filing data is available for this year.$19.2$6.87$12.3$5.66$4.41$1.25
2014Detailed filing. Detailed filing data is available for this year.$16.6$5.56$11.1$5.84$4.10$1.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$5.91$9.31$6.28$3.84$2.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$6.12$6.84$3.38