Civic Intelligence

Montrose Foundation Inc.

990 • Fiscal year 2016 • EIN 04-2668765

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 31, 2016

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

58th percentile

0.32x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

1.10x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

79th percentile

18%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

21st percentile

$96,423

Higher top officer pay than 21% of similar nonprofits.

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

50th percentile

1.8%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

0.6%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$19,542,305

Up $348,503 (+1.8%) from 2015

Net Assets

Up

$13,307,261

Up $987,490 (+8.0%) from 2015

Liabilities

Down

$6,235,044

Down $638,987 (-9.3%) from 2015

Revenue

Up

$5,694,018

Up $36,756 (+0.6%) from 2015

Expenses

Up

$4,694,558

Up $282,548 (+6.4%) from 2015

Net Income

Down

$999,460

Down $245,792 (-20%) from 2015

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

2016

Assets$19,542,305
Liabilities$6,235,044
Net Assets$13,307,261

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

2016

Revenue$5,694,018
Expenses$4,694,558
Net Income$999,460
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$5,822,804
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$18,104,300$18,222,110▲ $117,810
Cash and Non-Interest-Bearing Accounts$1,061,091$1,301,950▲ $240,859
Total Assets$19,193,802$19,542,305▲ $348,503
Other Assets Total$28,411$18,245▼ $10,166
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,413,885$4,406,156▼ $1,007,729
Deferred Revenue$1,265,256$1,501,179▲ $235,923
Other Liabilities$194,890$327,709▲ $132,819
Total Liabilities$6,874,031$6,235,044▼ $638,987
Net Assets / Fund Balance
Unrestricted Net Assets$12,319,771$13,307,261▲ $987,490
Total Net Assets Fund Balance$12,319,771$13,307,261▲ $987,490
Total Liabilities and Net Assets / Fund Balance$19,193,802$19,542,305▲ $348,503

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,691,564$2,166,830$13,858,394
Leasehold Improvements$4,513,306$1,071,062$5,584,368
Land$1,943,713-$1,943,713
Other Land Buildings$50,394$233,497$283,891
Equipment$23,133$239,688$262,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen BohlinHead of SchoolFT$96,423$96,423
Gordon RingerPrev Business ManagerFT$38,719$38,719
John FlahertyBusiness ManagerFT$8,601$8,601

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Bowdoin Construction CorpConstruction220-1 RESERVOIR STREET, Needham Heights, MA 02494$425,955
Rebuildex LLCConstruction6 COMMERCE WAY, Carver, MA 02330$262,455
Revenue and Support

Revenue Composition

Contributions and Grants
$1,411,276
Program Service Revenue
$4,180,686
Investment Income
$662
Other Revenue
$101,394
All Other Contributions
$1,382,416
Change in Net Assets
$999,460

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,694,018
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$129,986
Total Revenue per Audited Statements
$5,824,004
Total Revenue per Form 990
$5,694,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,820,692
Other Expenses$1,873,866
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,472,075--$2,472,075
Depreciation Depletion$475,004--$475,004
Insurance$319,536--$319,536
Occupancy$318,478--$318,478
Payroll Taxes$190,703--$190,703
Current Officers, Directors, Trustees, and Key Employees-$157,914-$157,914
Interest$117,881--$117,881
Office Expenses$95,167--$95,167
All Other Expenses$67,408--$67,408
Information Technology$62,828--$62,828
Other Expenses$54,226--$54,226
Advertising$47,971--$47,971
Fees for Services Other-$29,197-$29,197
Fees for Services Accounting-$10,400-$10,400
Fees for Services Legal-$1,241-$1,241
Total Functional Expenses$4,495,806$198,752$0$4,694,558

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,771,069
Expenses per Audited Statements$4,694,558
Total Expenses per Form 990$4,694,558
Expenses Not Reported on Form 990$76,511
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$118,066
Fundraising Direct Expenses$46,584
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Moms Auction$146,926$118,066$17,180$100,886
Total Events$146,926$118,066$46,584$71,482
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$323,991
Lease Deposits$3,718
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
John Flaherty
Title
Business Manager
Phone
5083592423
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Flaherty
Formed
1978
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
2
Employees
97
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 -11,970.

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, 2016 the organization determined that there are no material unrecognized tax benefits to report.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rent expense of $53,947 to reduce rental income accrual to cash adjustment of $76,039

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expense of $53,947 to reduce rental income accrual to cash adjustment of $22,564

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IRS990/InsuranceGrp/TotalAmt0319536
IRS990/InterestGrp/ProgramServicesAmt0117881
IRS990/InterestGrp/TotalAmt0117881
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0886
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0886
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03711077
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018104300
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018222110
IRS990/LandBldgEquipCostOrOtherBssAmt021933187
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt028255
IRS990/LessRentalExpensesGrp/RealAmt053947
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/BOYAmt05413885
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04406156
IRS990/NetAssetsOrFundBalancesBOYAmt012319771
IRS990/NetAssetsOrFundBalancesEOYAmt013307261
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-224
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-224
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt071482
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt071482
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04783
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt04783
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0318478
IRS990/OccupancyGrp/TotalAmt0318478
IRS990/OfficeExpensesGrp/ProgramServicesAmt095167
IRS990/OfficeExpensesGrp/TotalAmt095167
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt028411
IRS990/OtherAssetsTotalGrp/EOYAmt018245
IRS990/OtherChangesInNetAssetsAmt0-11970
IRS990/OtherExpensesGrp/Desc0GENERAL AND ADMINISTRAT
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3EDUCATION
IRS990/OtherExpensesGrp/ProgramServicesAmt0112928
IRS990/OtherExpensesGrp/ProgramServicesAmt194717
IRS990/OtherExpensesGrp/ProgramServicesAmt266884
IRS990/OtherExpensesGrp/ProgramServicesAmt354226
IRS990/OtherExpensesGrp/TotalAmt0112928
IRS990/OtherExpensesGrp/TotalAmt194717
IRS990/OtherExpensesGrp/TotalAmt266884
IRS990/OtherExpensesGrp/TotalAmt354226
IRS990/OtherLiabilitiesGrp/BOYAmt0194890
IRS990/OtherLiabilitiesGrp/EOYAmt0327709
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025129
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025129
IRS990/OtherRevenueTotalAmt025129
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0190703
IRS990/PayrollTaxesGrp/TotalAmt0190703
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN FLAHERTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04180686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04180686
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01799131
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06232
IRS990/PYOtherExpensesAmt01750256
IRS990/PYOtherRevenueAmt0938
IRS990/PYProgramServiceRevenueAmt03850961
IRS990/PYRevenuesLessExpensesAmt01245252
IRS990/PYSalariesCompEmpBnftPaidAmt02661754
IRS990/PYTotalExpensesAmt04412010
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05657262
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0999460
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04783
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04206477
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/BookValueAmt011691564
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02166830
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013858394
IRS990ScheduleD/EquipmentGrp/BookValueAmt023133
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0239688
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0262821
IRS990ScheduleD/ExpensesNotReportedAmt076511
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04694558
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01943713
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01943713
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04513306
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01071062
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05584368
IRS990ScheduleD/OtherExpensesIncludedAmt076511
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050394
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0233497
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0283891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03718
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1323991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherRevenueAmt0129986
IRS990ScheduleD/RevenueNotReportedAmt0129986
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05694018
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, 2016 THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSE OF $53,947 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF $76,039
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE OF $53,947 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF $22,564
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018222110
IRS990ScheduleD/TotalExpensesPerForm990Amt04694558
IRS990ScheduleD/TotalLiabilityAmt0327709
IRS990ScheduleD/TotalRevenuePerForm990Amt05694018
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05824004
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04771069
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/CharitableContributionsTotAmt028860
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt028860
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046584
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MOMS AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt019434
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019434
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0146926
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0146926
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0118066
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0118066
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt071482
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt09970
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt09970
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017180
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017180
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 -11,970.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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