Civic Intelligence

Flagship Enterprise Center Inc.

990 • Fiscal year 2020 • EIN 04-3732583

Jun 01, 2019 to May 31, 2020 • Filed on Oct 14, 2020

Organization ProfileFLAGSHIPENTERPRISE.ORG
2705 Enterprise DriveAnderson, IN 46013

(765) 622-0100

Siviq Scores

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

Liabilities / Assets

60th percentile

0.38x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

4.19x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

25th percentile

$161,564

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

84th percentile

33%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$38,817,581

Up $9,532,637 (+33%) from 2019

Net Assets

Up

$24,244,148

Up $519,481 (+2.2%) from 2019

Liabilities

Up

$14,573,433

Up $9,013,156 (+162%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin73rd percentile

Revenue

Up

$3,476,670

Up $3,511,308 (+10137%) from 2019

Expenses

Down

$2,957,189

Down $128,812 (-4.2%) from 2019

Net Income

Up

$519,481

Up $3,640,120 (+117%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$60M$40M$20M$0Assets 2011: $9,074,439Liabilities 2011: $3,065,862Net Assets 2011: $6,008,5772011Assets 2012: $9,288,399Liabilities 2012: $2,775,289Net Assets 2012: $6,513,1102012Assets 2013: $10,730,057Liabilities 2013: $3,392,707Net Assets 2013: $7,337,3502013Assets 2014: $11,565,231Liabilities 2014: $3,549,130Net Assets 2014: $8,016,1012014Assets 2015: $12,621,427Liabilities 2015: $4,198,591Net Assets 2015: $8,422,8362015Assets 2017: $34,614,461Liabilities 2017: $7,494,303Net Assets 2017: $27,120,1582017Assets 2018: $32,842,270Liabilities 2018: $5,996,931Net Assets 2018: $26,845,3392018Assets 2019: $29,284,944Liabilities 2019: $5,560,277Net Assets 2019: $23,724,6672019Assets 2020: $38,817,581Liabilities 2020: $14,573,433Net Assets 2020: $24,244,1482020Assets 2021: $43,787,383Liabilities 2021: $18,661,452Net Assets 2021: $25,125,9312021Assets 2022: $36,311,474Liabilities 2022: $5,224,165Net Assets 2022: $31,087,3092022Assets 2023: $34,310,184Liabilities 2023: $3,184,553Net Assets 2023: $31,125,6312023Assets 2024: $38,434,037Liabilities 2024: $6,942,284Net Assets 2024: $31,491,7532024Assets 2025: $38,573,905Liabilities 2025: $7,588,742Net Assets 2025: $30,985,1632025

Highlighted filing

2020

Assets$38,817,581
Liabilities$14,573,433
Net Assets$24,244,148
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,574,540Expenses 2011: $1,114,851Net Income 2011: $3,459,6892011Expenses 2012: $1,315,9512012Revenue 2013: $2,236,039Expenses 2013: $1,411,799Net Income 2013: $824,2402013Revenue 2014: $2,000,740Expenses 2014: $1,327,828Net Income 2014: $672,9122014Revenue 2015: $1,847,850Expenses 2015: $1,441,115Net Income 2015: $406,7352015Revenue 2017: $11,037,719Expenses 2017: $2,489,295Net Income 2017: $8,548,4242017Revenue 2018: $2,516,875Expenses 2018: $2,791,694Net Income 2018: -$274,8192018Revenue 2019: -$34,638Expenses 2019: $3,086,001Net Income 2019: -$3,120,6392019Revenue 2020: $3,476,670Expenses 2020: $2,957,189Net Income 2020: $519,4812020Revenue 2021: $3,502,370Expenses 2021: $2,620,587Net Income 2021: $881,7832021Revenue 2022: $8,589,036Expenses 2022: $2,627,658Net Income 2022: $5,961,3782022Revenue 2023: $3,448,869Expenses 2023: $3,395,547Net Income 2023: $53,3222023Revenue 2024: $4,088,380Expenses 2024: $3,737,258Net Income 2024: $351,1222024Revenue 2025: $3,702,475Expenses 2025: $4,209,065Net Income 2025: -$506,5902025

Highlighted filing

2020

Revenue$3,476,670
Expenses$2,957,189
Net Income$519,481
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Oct 14, 2020
Return Version
2019v5.1
Gross Receipts
$3,480,654
Mission and Program Overview

Mission

To contribute to the long-term economic development of the communities of anderson, madison county, and the state of indiana by encouraging and nurturing the entrepreneurial spirit through providing mentoring, networking, business services, educational opportunities, and access to capital.

The flagship enterprise center's mission is to contribute to the long-term economic development of the communities of anderson, madison county, and the state of indiana by encouraging and nurturing the entrepreneurial spirit through providing mentoring, networking, business services, educational opportunities, and access to capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,700,892$19,407,631▼ $293,261
Other Notes and Loans Receivable, Net$4,570,724$11,846,533▲ $7,275,809
Cash and Non-Interest-Bearing Accounts$4,007,815$6,488,143▲ $2,480,328
Accounts Receivable$527,615$715,444▲ $187,829
Savings and Temporary Cash Investments$382,721$308,565▼ $74,156
Pledges and Grants Receivable$15,000$10,000▼ $5,000
Prepaid Expenses and Deferred Charges$6,372$7,391▲ $1,019
Intangible Assets$49,254$5,598▼ $43,656
Total Assets$29,284,944$38,817,581▲ $9,532,637
Other Assets Total$24,551$28,276▲ $3,725
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,054,464$14,347,971▲ $9,293,507
Accounts Payable and Accrued Expenses$396,222$148,684▼ $247,538
Other Liabilities$109,591$76,778▼ $32,813
Total Liabilities$5,560,277$14,573,433▲ $9,013,156
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,694,667$24,044,148▲ $349,481
Net Assets With Donor Restrictions$30,000$200,000▲ $170,000
Total Net Assets Fund Balance$23,724,667$24,244,148▲ $519,481
Total Liabilities and Net Assets / Fund Balance$29,284,944$38,817,581▲ $9,532,637

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,280,907$2,110,797$20,391,704
Land$1,026,723-$1,026,723
Equipment$34,098$561,929$596,027
Leasehold Improvements$65,903$17,178$83,081
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry TruittPresidentFT$148,464$13,100$161,564
Dan CourtneyTreasurer-$20,000-$20,000

Board Members and Trustees

NameTitle
Dennis CarrollChairman
Tim LananeVice Chairman
Barbara AlderDirector
Brock VaughtersDirector
Jack KeeslingDirector
Jon AdamsDirector
Mike BarkerDirector
Stephanie MoranDirector
Terri AustinDirector
Mary JamersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,403,312
Program Service Revenue
$1,684,146
Investment Income
$377,964
Other Revenue
$11,248
All Other Contributions
$311,000
Change in Net Assets
$519,481

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,465,729
Revenue Not Reported on Financial Statements
$10,941
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$10,941
Total Revenue per Audited Statements
$3,465,729
Total Revenue per Form 990
$3,476,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,599,142
Salaries, Compensation, and Employee Benefits$1,358,047
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$814,764$325,861-$1,140,625
Depreciation Depletion$415,912--$415,912
Occupancy$80,479$154,600-$235,079
Office Expenses$134,587$43,310-$177,897
All Other Expenses$72,966$71,919-$144,885
Other Employee Benefits$87,072$30,283-$117,355
Payroll Taxes$74,231$25,836-$100,067
Interest$97,312--$97,312
Other Expenses$50,698--$50,698
Fees for Services Accounting-$32,840-$32,840
Travel$24,502$3,790-$28,292
Fees for Services Legal-$3,234-$3,234
Total Functional Expenses$2,265,516$691,673$0$2,957,189

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,957,189
Total Expenses per Audited Statements$2,957,189
Total Expenses per Form 990$2,957,189
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Barbara AlderBoard Member and Chair of Flagship Enterprise Capital BoardFlagship Capital Is a Microloan Lender, a Related Entity, Providing Financial Services. Someflagship Capital Clients May, From Time to Time, Also Be Serviced by the Flagship Enterprise Center.No-
Daniel CourtneyBoard Member and Contractor/employee of Anderson UniversityAnderson University Is a Vendor of the Flagship.No-
James RagsdaleBoard Member and Vice President of Finance at Anderson UniversityAnderson University Is a Vendor of the Flagship.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$55,975
Accrued Interest$10,982
Loan Program Holding Account$9,467
Sales Tax Payable$354
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive committee (president, board chair, secretary, & treasurer) has been authorized to review the form 990 and provide a report to the board.”

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

“The organization reviews the policy as new officers, directors, and key employees are added (or changed) and reviews existing members, not less than annually.”

Form 990, Part VI, Section B, Line 15

“The annual performance review is completed on the ceo by the executive committee.”

Form 990, Part VI, Section C, Line 19

“With adequate notice, the organization makes its governing documents, related policies, and financial statements available, upon request of the board treasurer.”

Filing and Contact Details

Filer

Filer Name
Flagship Enterprise Center
EIN
04-3732583
Phone
7656220100
Address
2705 ENTERPRISE DRIVE, ANDERSON, IN 46013

Signing Officer

Name
Terry Truitt
Title
President & CEO
Phone
7656220400
Signed
2020-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Truitt
Formed
2005
Legal Domicile
In
Voting Board Members
12
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
J P Kane & Co LLC
Address
7303 QUALITY CIRCLE, ANDERSON, IN 46013-2014
Preparer
John P Kane CPA
Phone
7656401211
Supplemental Narrative

Additional Explanations

PAGE 11, PART XI, LINE 1: OTHER METHOD OF ACCOUNT

“MODIFIED CASH BASIS”

Form 990, XII, 2C

“The center has an audit of their financial statements by a cpa firm specializing with not-for-profit entities. The audit is consolidated with a related entity, which is separately reported for tax purposes.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Related party income 10,941.”

Raw XML AppendixShowing 400 of 557 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE FLAGSHIP ENTERPRISE CENTER'S MISSION IS TO CONTRIBUTE TO THE LONG-TERM ECONOMIC DEVELOPMENT OF THE COMMUNITIES OF ANDERSON, MADISON COUNTY, AND THE STATE OF INDIANA BY ENCOURAGING AND NURTURING THE ENTREPRENEURIAL SPIRIT THROUGH PROVIDING MENTORING, NETWORKING, BUSINESS SERVICES, EDUCATIONAL OPPORTUNITIES, AND ACCESS TO CAPITAL.
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IRS990/Desc0IN THE FISCAL YEAR ENDING MAY 31, 2020, FLAGSHIP ENTERPRISE CENTER PROVIDED 18,511 HOURS OF TECHNICAL ASSISTANCE TO ITS CLIENTS. FLAGSHIP ENTERPRISE CENTER LEASED OUT 200,000 SQUARE FEET OF EDUCATION AND INDUSTRIAL SPACE TO POTENTIAL HIGH GROWTH COMPANIES. FLAGSHIP ENTERPRISE CENTER MADE 135 REGULAR LOANS TO SMALL BUSINESSES. THESE LOANS CONSISTED OF 19 LOANS TO MINORITIES, 52 LOANS TO WOMEN, 15 LOANS TO VETERANS, 63 LOANS TO START UP BUSINESSES, AND 41 LOANS TO LOW-INCOME BUSINESS OWNERS. FLAGSHIP ENTERPRISE CENTER ALSO MADE 272 PAYCHECK PROTECTION PROGRAM LOANS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02689904
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019700892
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019407631
IRS990/LandBldgEquipCostOrOtherBssAmt022097535
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03984
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONTRIBUTE TO THE LONG-TERM ECONOMIC DEVELOPMENT OF THE COMMUNITIES OF ANDERSON, MADISON COUNTY, AND THE STATE OF INDIANA BY ENCOURAGING AND NURTURING THE ENTREPRENEURIAL SPIRIT THROUGH PROVIDING MENTORING, NETWORKING, BUSINESS SERVICES, EDUCATIONAL OPPORTUNITIES, AND ACCESS TO CAPITAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05054464
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014347971
IRS990/NetAssetsOrFundBalancesBOYAmt023724667
IRS990/NetAssetsOrFundBalancesEOYAmt024244148
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-3984
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3984
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023694667
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024044148
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0154600
IRS990/OccupancyGrp/ProgramServicesAmt080479
IRS990/OccupancyGrp/TotalAmt0235079
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt043310
IRS990/OfficeExpensesGrp/ProgramServicesAmt0134587
IRS990/OfficeExpensesGrp/TotalAmt0177897
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024551
IRS990/OtherAssetsTotalGrp/EOYAmt028276
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030283
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt087072
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0117355
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1CLIENT SUPPORT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3PROGRAM GRANTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0221062
IRS990/OtherExpensesGrp/ProgramServicesAmt197958
IRS990/OtherExpensesGrp/ProgramServicesAmt293973
IRS990/OtherExpensesGrp/ProgramServicesAmt350698
IRS990/OtherExpensesGrp/TotalAmt0221062
IRS990/OtherExpensesGrp/TotalAmt197958
IRS990/OtherExpensesGrp/TotalAmt293973
IRS990/OtherExpensesGrp/TotalAmt350698
IRS990/OtherLiabilitiesGrp/BOYAmt0109591
IRS990/OtherLiabilitiesGrp/EOYAmt076778
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011248
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011248
IRS990/OtherRevenueTotalAmt011248
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0325861
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0814764
IRS990/OtherSalariesAndWagesGrp/TotalAmt01140625
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04570724
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011846533
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025836
IRS990/PayrollTaxesGrp/ProgramServicesAmt074231
IRS990/PayrollTaxesGrp/TotalAmt0100067
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06372
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07391
IRS990/PrincipalOfficerNm0TERRY TRUITT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0CLIENT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0963169
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1720977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0963169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1720977
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0950950
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1993867
IRS990/PYOtherExpensesAmt01739276
IRS990/PYOtherRevenueAmt052732
IRS990/PYProgramServiceRevenueAmt0955547
IRS990/PYRevenuesLessExpensesAmt0-3120639
IRS990/PYSalariesCompEmpBnftPaidAmt01346725
IRS990/PYTotalExpensesAmt03086001
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-34638
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0519481
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01691410
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0382721
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0308565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01403312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0950950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0424488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09620016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt010645975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023044741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0381948
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0702092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0642837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0542469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0377078
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02646424
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01691410
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-1687680
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01449550
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0875235
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0802637
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03131152
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79950
IRS990ScheduleA/PublicSupportPY170Pct00.83810
IRS990ScheduleA/PublicSupportTotal170Amt023044741
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01403312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0950950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0424488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09620016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010645975
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023044741
IRS990ScheduleA/TotalSupportAmt028822317
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/BookValueAmt018280907
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02110797
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt020391704
IRS990ScheduleD/EquipmentGrp/BookValueAmt034098
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0561929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0596027
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02957189
IRS990ScheduleD/LandGrp/BookValueAmt01026723
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01026723
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt065903
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017178
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110982
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PROGRAM HOLDING ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt010941
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010941
IRS990ScheduleD/RevenueSubtotalAmt03465729
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RELATED PARTY INCOME 10,941.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019407631
IRS990ScheduleD/TotalExpensesPerForm990Amt02957189
IRS990ScheduleD/TotalLiabilityAmt076778
IRS990ScheduleD/TotalRevenuePerForm990Amt03476670
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03465729
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02957189
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148464
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,817,581
Liabilities
$14,573,433
Net assets
$24,244,148
Revenue
$3,476,670
Expenses
$2,957,189
Net income
$519,481
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$38.6$7.59$31.0$3.70$4.21$0.51
2024Detailed filing. Detailed filing data is available for this year.$38.4$6.94$31.5$4.09$3.74$0.35
2023Detailed filing. Detailed filing data is available for this year.$34.3$3.18$31.1$3.45$3.40$0.05
2022Detailed filing. Detailed filing data is available for this year.$36.3$5.22$31.1$8.59$2.63$5.96
2021Detailed filing. Detailed filing data is available for this year.$43.8$18.7$25.1$3.50$2.62$0.88
2020Detailed filing. Detailed filing data is available for this year.$38.8$14.6$24.2$3.48$2.96$0.52
2019Detailed filing. Detailed filing data is available for this year.$29.3$5.56$23.7$0.03$3.09$3.12
2018Detailed filing. Detailed filing data is available for this year.$32.8$6.00$26.8$2.52$2.79$0.27
2017Detailed filing. Detailed filing data is available for this year.$34.6$7.49$27.1$11.0$2.49$8.55
2015Detailed filing. Detailed filing data is available for this year.$12.6$4.20$8.42$1.85$1.44$0.41
2014Summary only. Only limited summary data is available for this year.$11.6$3.55$8.02$2.00$1.33$0.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$3.39$7.34$2.24$1.41$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$2.78$6.51$1.32
2011Summary only. Only limited summary data is available for this year.$9.07$3.07$6.01$4.57$1.11$3.46