Civic Intelligence

Ocean State Business Development Authority Inc

990 • Fiscal year 2020 • EIN 05-0389516

Oct 01, 2019 to Sep 30, 2020 • Filed on Nov 16, 2020

Organization Profilewww.osbda.com

View Organization Page

155 South Main StreetProvidence, RI 02903

(401) 454-4560

Siviq Scores

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

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.22x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Net Margin

42nd percentile

4.2%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$280,613

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 28.6% of source-year revenue.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2020

Asset Growth

39th percentile

0.2%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

4.6%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$376,360

Up $704 (+0.2%) from 2019

Net Assets

Up

$157,882

Up $40,987 (+35%) from 2019

Liabilities

Down

$218,478

Down $40,283 (-16%) from 2019

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin42nd percentile

Revenue

Up

$982,598

Up $42,822 (+4.6%) from 2019

Expenses

Up

$941,612

Up $68,472 (+7.8%) from 2019

Net Income

Down

$40,986

Down $25,650 (-38%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$800K$600K$400K$200K$0Assets 2011: $155,296Liabilities 2011: $81,366Net Assets 2011: $73,9302011Assets 2012: $231,089Liabilities 2012: $78,963Net Assets 2012: $152,1262012Assets 2013: $201,585Liabilities 2013: $54,015Net Assets 2013: $147,5702013Assets 2014: $101,394Liabilities 2014: $39,515Net Assets 2014: $61,8792014Assets 2015: $46,814Liabilities 2015: $38,187Net Assets 2015: $8,6272015Assets 2016: $204,526Liabilities 2016: $107,488Net Assets 2016: $97,0382016Assets 2017: $334,142Liabilities 2017: $332,306Net Assets 2017: $1,8362017Assets 2018: $385,586Liabilities 2018: $335,327Net Assets 2018: $50,2592018Assets 2019: $375,656Liabilities 2019: $258,761Net Assets 2019: $116,8952019Assets 2020: $376,360Liabilities 2020: $218,478Net Assets 2020: $157,8822020Assets 2021: $504,852Liabilities 2021: $259,426Net Assets 2021: $245,4262021Assets 2022: $521,138Liabilities 2022: $174,352Net Assets 2022: $346,7862022Assets 2023: $614,935Liabilities 2023: $244,820Net Assets 2023: $370,1152023Assets 2024: $724,236Liabilities 2024: $379,410Net Assets 2024: $344,8262024Assets 2025: $616,957Liabilities 2025: $276,330Net Assets 2025: $340,6272025

Highlighted filing

2020

Assets$376,360
Liabilities$218,478
Net Assets$157,882
Open 2020 Filing

Operations Trend

Revenue Growth64th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $629,099Expenses 2011: $672,384Net Income 2011: -$43,2852011Expenses 2012: $632,0122012Revenue 2013: $665,089Expenses 2013: $669,645Net Income 2013: -$4,5562013Revenue 2014: $644,614Expenses 2014: $730,305Net Income 2014: -$85,6912014Revenue 2015: $576,948Expenses 2015: $630,200Net Income 2015: -$53,2522015Revenue 2016: $754,272Expenses 2016: $665,861Net Income 2016: $88,4112016Revenue 2017: $798,639Expenses 2017: $849,528Net Income 2017: -$50,8892017Revenue 2018: $889,580Expenses 2018: $841,157Net Income 2018: $48,4232018Revenue 2019: $939,776Expenses 2019: $873,140Net Income 2019: $66,6362019Revenue 2020: $982,598Expenses 2020: $941,612Net Income 2020: $40,9862020Revenue 2021: $1,104,933Expenses 2021: $993,024Net Income 2021: $111,9092021Revenue 2022: $1,243,867Expenses 2022: $1,141,950Net Income 2022: $101,9172022Revenue 2023: $1,348,315Expenses 2023: $1,324,986Net Income 2023: $23,3292023Revenue 2024: $1,429,567Expenses 2024: $1,414,431Net Income 2024: $15,1362024Revenue 2025: $1,480,658Expenses 2025: $1,484,857Net Income 2025: -$4,1992025

Highlighted filing

2020

Revenue$982,598
Expenses$941,612
Net Income$40,986
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$982,598
Mission and Program Overview

Mission

To efficiently provide unique capital and services to small businesses located in ri, ma and ct; helping them acquire equipment and commercial real estate to grow their businesses.

To efficiently provide unique capital and services to small businesses located in rhode island, massachusetts and connecticut; helping them acquire equipment and commercial real estate to grow their businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$317,265$304,468▼ $12,797
Cash and Non-Interest-Bearing Accounts$15,134$30,181▲ $15,047
Land, Buildings, and Equipment, Net$32,522$29,347▼ $3,175
Prepaid Expenses and Deferred Charges$10,735$12,264▲ $1,529
Savings and Temporary Cash Investments-$100-
Total Assets$375,656$376,360▲ $704
Liabilities
Other Liabilities$156,280$140,750▼ $15,530
Mortgage Notes Payable Secured by Investment Property$76,475$74,599▼ $1,876
Deferred Revenue$16,000--
Accounts Payable and Accrued Expenses$10,006$3,129▼ $6,877
Total Liabilities$258,761$218,478▼ $40,283
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$116,895$157,882▲ $40,987
Total Net Assets Fund Balance$116,895$157,882▲ $40,987
Total Liabilities and Net Assets / Fund Balance$375,656$376,360▲ $704

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,165$84,375$109,540
Leasehold Improvements$4,182$264$4,446
Land$0--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Russell GastonPresidentFT$280,613$280,613
Ali HasanDirector-$800$800
Edward M MazzeDirector-$800$800
Russell W HahnChairman-$800$800
Sharyn HarringtonDirector-$800$800
Charles C NewtonDirector-$600$600
Cristina FedenDirector-$600$600
Robert E NickersonDirector-$600$600
Sean McintyreDirector-$600$600

Board Members and Trustees

NameTitle
Douglas F HansonDirector
Russell Gaston-
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$977,598
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$40,986

Audited Revenue Reconciliation

Revenue per Audited Statements
$970,598
Total Revenue per Audited Statements
$970,598
Total Revenue per Form 990
$970,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$706,095
Other Expenses$235,517
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$303,872$0$0$303,872
Current Officers, Directors, Trustees, and Key Employees$286,213$0$0$286,213
Other Employee Benefits$60,473$0$0$60,473
Occupancy$0$55,931$0$55,931
Payroll Taxes$40,870$0$0$40,870
Fees for Services Management$24,181$0$0$24,181
Information Technology$21,813$0$0$21,813
Other Expenses$21,030$0$0$21,030
Office Expenses$19,280$0$0$19,280
Travel$18,980$0$0$18,980
Fees for Services Accounting$17,924$0$0$17,924
Pension Plan Contributions$14,667$0$0$14,667
Depreciation Depletion$13,649$0$0$13,649
Insurance$0$10,779$0$10,779
Interest$0$4,985$0$4,985
All Other Expenses$3,502$0$0$3,502
Advertising$2,170$0$0$2,170
Total Functional Expenses$848,624$92,988$0$941,612

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$941,518
Total Expenses per Audited Statements$941,518
Total Expenses per Form 990$941,518
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$140,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ocean State Business Development Authority Inc
EIN
05-0389516
Phone
4014544560
Address
155 South Main Street, Providence, RI 02903

Signing Officer

Name
Russell Gaston
Title
President
Phone
4014544560
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
9
Employees
5
Volunteers
0

Preparer

Firm
Malo Recchia & Company Inc
Address
495 Post Road, Warwick, RI 02888
Preparer
Robert R Recchia CPA
Phone
4017811277
Supplemental Narrative

Additional Explanations

Pt X

“The organization accounts for certain tax positions in accordance with topics of the fasb accounting standards codification. This guidance increases the relevancy and comparability of financial reporting by clarifying the way entities account for uncertainties in income taxes for tax positions taken or expected to be taken. The adoption of this guidance resulted in no change to net assets and no increase in accrued liabilities. The organization has evaluated its accounting and tax positions, including its properly approved and maintained non-profit status, and is of the opinion that more likely than not policiesand positions it has adopted will remain unchanged. The organization files non-profit information returns in the u.s. Federal jusrisdiction which has a statute of limitations of three years.”

Pt VI, Line 6

“The corporation has one class of members. There shall be at least 25 individuals who are representative of the corporation's area of operations. The membership of the corporation include representatives of each of each of the following categories: (1) local and state government, (2) private lending institutions, (3) community organizations, (4) business organizations.”

Pt VI, Line 7B

“Directors are elected by members at the annual meeting.”

Pt VI, Line 11B

“The organization's treasurer performs a detailed review of the return. The filing is approved by the board of directors.”

Pt VI, Line 19

“The governing documents and financial statements are available upon request.”

Pt XII, Line 2C

“The process has not been changed from the prior year.”

Raw XML AppendixShowing 400 of 446 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/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060473
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060473
IRS990/OtherExpensesGrp/Desc0Bad Debts
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Equipment Lease
IRS990/OtherExpensesGrp/Desc3Meals and Entertainment
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116537
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24756
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt321030
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt116537
IRS990/OtherExpensesGrp/TotalAmt24756
IRS990/OtherExpensesGrp/TotalAmt321030
IRS990/OtherLiabilitiesGrp/BOYAmt0156280
IRS990/OtherLiabilitiesGrp/EOYAmt0140750
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0303872
IRS990/OtherSalariesAndWagesGrp/TotalAmt0303872
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt040870
IRS990/PayrollTaxesGrp/TotalAmt040870
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014667
IRS990/PensionPlanContributionsGrp/TotalAmt014667
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012264
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Russell Gaston
IRS990/PriorPeriodAdjustmentsAmt01
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2ESCROW FLOAT INTEREST
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0605419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1345333
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226846
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0277333
IRS990/PYProgramServiceRevenueAmt0939776
IRS990/PYRevenuesLessExpensesAmt066636
IRS990/PYSalariesCompEmpBnftPaidAmt0595807
IRS990/PYTotalExpensesAmt0873140
IRS990/PYTotalRevenueAmt0939776
IRS990/ReconcilationRevenueExpnssAmt040986
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0977598
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt025165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084375
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0109540
IRS990ScheduleD/ExpensesSubtotalAmt0941518
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04182
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0264
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0970598
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029347
IRS990ScheduleD/TotalExpensesPerForm990Amt0941518
IRS990ScheduleD/TotalLiabilityAmt0140750
IRS990ScheduleD/TotalRevenuePerForm990Amt0970598
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0970598
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0941518
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt088000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0192613
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt02891
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt035194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RUSSELL GASTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0319298
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR CERTAIN TAX POSITIONS IN ACCORDANCE WITH TOPICS OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THIS GUIDANCE INCREASES THE RELEVANCY AND COMPARABILITY OF FINANCIAL REPORTING BY CLARIFYING THE WAY ENTITIES ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE ADOPTION OF THIS GUIDANCE RESULTED IN NO CHANGE TO NET ASSETS AND NO INCREASE IN ACCRUED LIABILITIES. THE ORGANIZATION HAS EVALUATED ITS ACCOUNTING AND TAX POSITIONS, INCLUDING ITS PROPERLY APPROVED AND MAINTAINED NON-PROFIT STATUS, AND IS OF THE OPINION THAT MORE LIKELY THAN NOT POLICIESAND POSITIONS IT HAS ADOPTED WILL REMAIN UNCHANGED. THE ORGANIZATION FILES NON-PROFIT INFORMATION RETURNS IN THE U.S. FEDERAL JUSRISDICTION WHICH HAS A STATUTE OF LIMITATIONS OF THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS ONE CLASS OF MEMBERS. THERE SHALL BE AT LEAST 25 INDIVIDUALS WHO ARE REPRESENTATIVE OF THE CORPORATION'S AREA OF OPERATIONS. THE MEMBERSHIP OF THE CORPORATION INCLUDE REPRESENTATIVES OF EACH OF EACH OF THE FOLLOWING CATEGORIES: (1) LOCAL AND STATE GOVERNMENT, (2) PRIVATE LENDING INSTITUTIONS, (3) COMMUNITY ORGANIZATIONS, (4) BUSINESS ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE ELECTED BY MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S TREASURER PERFORMS A DETAILED REVIEW OF THE RETURN. THE FILING IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0375656
IRS990/TotalAssetsEOYAmt0376360
IRS990/TotalAssetsGrp/BOYAmt0375656
IRS990/TotalAssetsGrp/EOYAmt0376360
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt05000
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092988
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0848624
IRS990/TotalFunctionalExpensesGrp/TotalAmt0941612
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258761
IRS990/TotalLiabilitiesEOYAmt0218478
IRS990/TotalLiabilitiesGrp/BOYAmt0258761
IRS990/TotalLiabilitiesGrp/EOYAmt0218478
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116895
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0157882
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0848624
IRS990/TotalProgramServiceRevenueAmt0977598
IRS990/TotalReportableCompFromOrgAmt0286213
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0977598
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0982598
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$376,360
Liabilities
$218,478
Net assets
$157,882
Revenue
$982,598
Expenses
$941,612
Net income
$40,986
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.62$0.28$0.34$1.48$1.48$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.38$0.34$1.43$1.41$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.24$0.37$1.35$1.32$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$1.24$1.14$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.26$0.25$1.10$0.99$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.22$0.16$0.98$0.94$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.26$0.12$0.94$0.87$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.34$0.05$0.89$0.84$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.33$0.00$0.80$0.85$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.11$0.10$0.75$0.67$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.04$0.01$0.58$0.63$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.04$0.06$0.64$0.73$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.05$0.15$0.67$0.67$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.08$0.15$0.63
2011Summary only. Only limited summary data is available for this year.$0.16$0.08$0.07$0.63$0.67$0.04