Civic Intelligence

Wake Forest Innovation Quarter Management Co

990 • Fiscal year 2018 • EIN 06-1818498

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileWWW.INNOVATIONQUARTER.COM
Medical Center BoulevardWinstonsalem, NC 27157

(336) 716-4445

Siviq Scores

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

Liabilities / Assets

100th percentile

31.27x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

11671.90x

Higher debt load relative to revenue than 100% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Net Margin

1st percentile

-110859%

Higher net margin than 1% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

100th percentile

$1,885,529

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 188552.9% of source-year revenue.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Asset Growth

1st percentile

-84%

Faster asset growth than 1% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$373,205

Down $1,898,492 (-84%) from 2017

Net Assets

Down

-$11,298,698

Down $1,108,588 (-11%) from 2017

Liabilities

Down

$11,671,903

Down $789,904 (-6.3%) from 2017

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$1,000

Down $92,170 (-99%) from 2017

Expenses

Down

$1,109,588

Down $87,361 (-7.3%) from 2017

Net Income

Down

-$1,108,588

Down $4,809 (-0.4%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$40M$20M$0-$20M-$40MAssets 2011: $4,243,854Liabilities 2011: $7,035,046Net Assets 2011: -$2,791,1922011Assets 2012: $9,804,562Liabilities 2012: $13,927,158Net Assets 2012: -$4,122,5962012Assets 2013: $9,759,023Liabilities 2013: $16,018,095Net Assets 2013: -$6,259,0722013Assets 2014: $9,783,751Liabilities 2014: $16,941,293Net Assets 2014: -$7,157,5422014Assets 2015: $1,671,349Liabilities 2015: $9,677,713Net Assets 2015: -$8,006,3642015Assets 2016: $2,816,958Liabilities 2016: $11,903,289Net Assets 2016: -$9,086,3312016Assets 2017: $2,271,697Liabilities 2017: $12,461,807Net Assets 2017: -$10,190,1102017Assets 2018: $373,205Liabilities 2018: $11,671,903Net Assets 2018: -$11,298,6982018Assets 2019: $106,891Liabilities 2019: $12,722,810Net Assets 2019: -$12,615,9192019Assets 2020: $361,624Liabilities 2020: $14,655,772Net Assets 2020: -$14,294,1482020Assets 2021: $76,176Liabilities 2021: $19,154,923Net Assets 2021: -$19,078,7472021Assets 2022: $81,245Liabilities 2022: $21,948,686Net Assets 2022: -$21,867,4412022Assets 2023: $87,638Liabilities 2023: $24,842,335Net Assets 2023: -$24,754,6972023Assets 2024: $77,431Liabilities 2024: $27,437,732Net Assets 2024: -$27,360,3012024

Highlighted filing

2018

Assets$373,205
Liabilities$11,671,903
Net Assets-$11,298,698
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $48,522Expenses 2011: $1,154,109Net Income 2011: -$1,105,5872011Expenses 2012: $1,457,5382012Revenue 2013: $5,795Expenses 2013: $2,142,271Net Income 2013: -$2,136,4762013Revenue 2014: $6,197Expenses 2014: $904,667Net Income 2014: -$898,4702014Revenue 2015: $2,728Expenses 2015: $851,550Net Income 2015: -$848,8222015Revenue 2016: $0Expenses 2016: $1,079,967Net Income 2016: -$1,079,9672016Revenue 2017: $93,170Expenses 2017: $1,196,949Net Income 2017: -$1,103,7792017Revenue 2018: $1,000Expenses 2018: $1,109,588Net Income 2018: -$1,108,5882018Revenue 2019: $1,000Expenses 2019: $1,318,221Net Income 2019: -$1,317,2212019Revenue 2020: $0Expenses 2020: $1,678,229Net Income 2020: -$1,678,2292020Revenue 2021: $0Expenses 2021: $2,360,349Net Income 2021: -$2,360,3492021Revenue 2022: $0Expenses 2022: $2,788,694Net Income 2022: -$2,788,6942022Revenue 2023: $68,714Expenses 2023: $2,955,970Net Income 2023: -$2,887,2562023Revenue 2024: $83,520Expenses 2024: $2,689,124Net Income 2024: -$2,605,6042024

Highlighted filing

2018

Revenue$1,000
Expenses$1,109,588
Net Income-$1,108,588
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$1,899,492
Mission and Program Overview

Mission

To oversee, as the umbrella organization of the wake forest university health sciences ("wfuhs") affiliated research park entities, all wfuhs activities involving the wake forest innovation quarter (f/k/a piedmont triad research park), including land acquisition, master planning and park development such as infrastructure, recruiting, etc., and to coordinate the efforts of all wfuhs affiliated research park entities including wake forest innovation quarter (f/k/a piedmont research park). It will provide an additional campus for the long-term space needs of wfuhs and undertakes revitalization and redevelopment of the center-city area of winston-salem.

To manage and develop a research park to provide needed research space to wfuhs and to revitalize downtown winston-salem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,222,746$324,254▼ $1,898,492
Accounts Receivable$48,951$48,951→ $0
Total Assets$2,271,697$373,205▼ $1,898,492
Liabilities
Other Liabilities$12,461,807$11,671,903▼ $789,904
Total Liabilities$12,461,807$11,671,903▼ $789,904
Net Assets / Fund Balance
Unrestricted Net Assets$-10,190,110$-11,298,698▼ $1,108,588
Total Net Assets Fund Balance$-10,190,110$-11,298,698▼ $1,108,588
Total Liabilities and Net Assets / Fund Balance$2,271,697$373,205▼ $1,898,492

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$324,254-$324,254
Compensation and Service Providers
Top Officer Pay100th percentile

Board Members and Trustees

NameTitle
Eric Tomlinson Dsc PhdDirector & President (to 3-1-18)
Nathan O Hatch PhdDirector
J Reid MorganDirector & Secretary
Anita M ConradAssistant Secretary
Terry L Hales JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$-1,108,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,076,588
Grants and Similar Amounts Paid$33,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$660,982$98,768-$759,750
Occupancy$120,134--$120,134
Advertising$69,231--$69,231
Other Expenses$53,588--$53,588
Grants to Domestic Orgs$33,000--$33,000
Fees for Services Other$32,527--$32,527
Fees for Services Legal$13,299--$13,299
Travel$11,421--$11,421
Office Expenses$1,452$5,813-$7,265
Information Technology$6,756--$6,756
Conferences and Meetings$2,477--$2,477
Fees for Services Accounting$140--$140
Total Functional Expenses$1,005,007$104,581$0$1,109,588
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Venture Cafe Winston-salem IncWinston Salem, NC501(c)(3)Supporting Economic Development & Innovation$20,000
Winston-salem Mixxer IncWinston Salem, NC501(c)(3)Supporting Program to Provide Space & Connections Encouraging Innovation$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Advance From Related Party$11,671,903
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Wake forest university health sciences is the sole member of the filing organization.”

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

“The members of the board of directors of the organization are appointed by the governing body of wake forest university health sciences or by a member of the governing body or by an officer of wake forest university health sciences acting in his official capacity, in accordance with procedures prescribed by the board of directors of wake forest university health sciences.”

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

“Decisions of the organization's governing body which require approval by the parent organization, wake forest university health sciences, include amendments to the organization's governance documents (articles of incorporation and bylaws), and the election and removal of directors.”

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

“The filing organization's board of directors receives a copy of the form 990 with sufficient time to permit review, comment, and questions prior to its filing. If modifications are required following such review and comment, the revised form 990 is redistributed prior to its filing with the irs, along with a report noting the modifications.”

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

“The organization requires its officers and directors to disclose conflicts of interest annually, and as they arise. Any items disclosed are reviewed and managed in accordance with the organization's policy on conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The organization pays no compensation to officers or directors; as the organization has no employees, it does not pay any compensation to any key employees. All compensation paid to officers, directors and former officers or directors was paid by related organizations. The related organizations' executive committee or compensation committee of its board of directors or board of trustees, respectively, or the governance & compensation committee of the wake forest university baptist medical center board (through authority delegated to it by wake forest university health sciences - the parent organization of the filing organization) is responsible for reviewing and approving most officers' compensation. The committee utilizes independent compensation consultants, compensation surveys, and studies to determine the appropriateness of each such officer's compensation.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation are available to the public on request and are available on the website of the north carolina secretary of state. The organization's bylaws are not published, but provisions from the bylaws are included as necessary in the organization's policies, and are attached to the form 1023 filed for the organization with the irs, which is publicly available.”

Part VII, Section A, Column B, Hours

“J. Reid morgan filing org 0.5 related org 39.5 nathan o. Hatch, phd filing org 0.2 related org 39.8 eric tomlinson, dsc, phd filing org 9.5 related org 25.3 unrelated org 5.2 terry l hales jr filing org 2.0 related org 38.0 anita m. Conrad filing org 1.0 related org 39.0 north carolina baptist hospital is an unrelated organization to the filing organization. Pursuant to the terms of the "medical center integration agreement" (an agreement entered into in 2010 among four parties: wake forest university, wake forest university health sciences - both related organizations of the filing organization - wake forest university baptist medical center (a related organization of both wake forest university and wake forest university health sciences) and north carolina baptist hospital (unrelated to the filing organization), under which agreement the operation of wfuhs and ncbh, and all of the respective subsidiaries of each, was delegated to wfubmc), the corporate officers of wfubmc generally serve also as the corporate officers of wfuhs and ncbh. Thus, certain officers of the filing organization also devote hours to the related organizations, as well as to the unrelated organization (ncbh), as shown in the breakdown of hours above.”

Filing and Contact Details

Filer

Filer Name
Wake Forest Innovation Quarter
EIN
06-1818498
Phone
3367164445
Address
MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC 27157

Signing Officer

Name
Terry L Hales Jr
Title
President
Phone
3367164445
Signed
2019-05-14

Organization Details

Principal Officer
Terry L Hales Jr
Formed
2007
Legal Domicile
Nc
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
5
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has evaluated uncertain tax positions for its fiscal year ended june 30, 2017 and 2018, including a quantification of tax risk in areas such as unrelated business taxable income and the taxation of its joint ventures. This evaluation did not have a material effect on the organization's financial statements for the years ended june 30, 2017 and 2018.”

Raw XML AppendixShowing 400 of 617 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/Desc0TO OVERSEE, AS THE UMBRELLA ORGANIZATION OF THE WAKE FOREST UNIVERSITY HEALTH SCIENCES ("WFUHS") AFFILIATED RESEARCH PARK ENTITIES, ALL WFUHS ACTIVITIES INVOLVING THE WAKE FOREST INNOVATION QUARTER INCLUDING LAND ACQUISITION, MASTER PLANNING AND PARK DEVELOPMENT SUCH AS INFRASTRUCTURE, RECRUITING, ETC., AND TO COORDINATE THE EFFORTS OF ALL WFUHS AFFILIATED RESEARCH PARK ENTITIES INCLUDING WAKE FOREST INNOVATION QUARTER CDC. IT WILL PROVIDE AN ADDITIONAL CAMPUS FOR THE LONG-TERM SPACE NEEDS OF WFUHS AND UNDERTAKES REVITALIZATION AND REDEVELOPMENT OF THE CENTER-CITY AREA OF WINSTON-SALEM.IN APRIL, 2018, THE LONG BRANCH TRAIL OPENED, A 1.7 MILE NETWORK OF GREENWAY TRAILS FOR WALKING, RUNNING AND BIKING THAT RUNS THROUGH INNOVATION QUARTER. THE TRAIL WAS BUILT THROUGH COLLABORATION AMONG THE FILING ORGANIZATION, ITS AFFILIATES, THE CITY OF WINSTON SALEM, THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION AND THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION - RAIL DIVISION. DURING FY18, THE ORGANIZATION PROVIDED FREE COMMUNITY PROGRAMS HOSTED AT BAILEY PARK, WHICH OFFERS A STAGE, LAWN AND FOOD TRUCK COURT TO ACCOMODATE LARGE GATHERINGS:- INNOVATION & CINEMA (COMMUNITY FILM SERIES);- BAILEY, BLUES & BLUEGRASS FESTIVAL (COMMUNITY MUSIC FESTIVAL); - YOGA IN BAILEY PARK (COMMUNITY YOGA SERIES);- GEARS & GUITARS (COMMUNITY MUSIC FESTIVAL DURING WS CYCLING CLASSIC);- WINSTON SALEM HEART & STROKE WALK (COMMUNITY FUNDRAISER); AND- INNOVATION QUARTER TRAILBLAZER RUNNING GROUP (WEEKLY RUNNING GROUP). FINALLY DURING FY18, THE ORGANIZATION SUPPORTED VENTURE CAFE WINSTON SALEM (COMMUNITY NETWORKING EVENTS) AND WINSTON SALEM MIXXER (INNOVATION IN ART).
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IRS990/OtherExpensesGrp/TotalAmt053588
IRS990/OtherLiabilitiesGrp/BOYAmt012461807
IRS990/OtherLiabilitiesGrp/EOYAmt011671903
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRY L HALES JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCITECH INSTITUTE, A COMMUNITY ENRICHMENT SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) PROGRAM FOR UPPER ELEMENTARY AND MIDDLE SCHOOL STUDENTS. FOR TWO DAYS IN THE SPRING AND TWO WEEKS IN THE SUMMER, STUDENTS ARE IN AN IMMERSIVE LEARNING ENVIRONMENT TO EXPOSE THEM TO CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH THROUGH A SERIES OF FIELD TRIPS, LABS AND OTHER ACTIVITIES. STUDENTS NOT ONLY GET DEMONSTRATIONS OF AVAILABLE STEM CAREERS, BUT ALSO THE TECHNOLOGY THAT MAKES THESE CAREERS POSSIBLE. AS A RESULT, STUDENTS LEARN TO NOT JUST THINK OF STEM CAREERS IN TERMS OF END USERS, BUT ALSO AS THE INNOVATORS WHO MOVE TECHNOLOGY FORWARD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053588
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0106890
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01090059
IRS990/PYOtherRevenueAmt01500
IRS990/PYProgramServiceRevenueAmt090670
IRS990/PYRevenuesLessExpensesAmt0-1103779
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01196949
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt093170
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1108588
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WFU HEALTH SCIENCES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0324254
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0324254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011671903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCE FROM RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED UNCERTAIN TAX POSITIONS FOR ITS FISCAL YEAR ENDED JUNE 30, 2017 AND 2018, INCLUDING A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF ITS JOINT VENTURES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2017 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0324254
IRS990ScheduleD/TotalLiabilityAmt011671903
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORTING ECONOMIC DEVELOPMENT & INNOVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORTING PROGRAM TO PROVIDE SPACE & CONNECTIONS ENCOURAGING INNOVATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VENTURE CAFE WINSTON-SALEM INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WINSTON-SALEM MIXXER INC
IRS990ScheduleI/RecipientTable/RecipientEIN0814684785
IRS990ScheduleI/RecipientTable/RecipientEIN1472272568
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0101 N MAIN STREET STE 2550
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11375 N MARTIN LUTHER KING JR DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WINSTON SALEM
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WINSTON SALEM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd027101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd127101
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE POLICY USED BY WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER (TO WHICH ENTITY THE OPERATION OF THE SUBSIDIARIES OF ITS TWO MEMBERS, WAKE FOREST UNIVERSITY HEALTH SCIENCES AND NORTH CAROLINA BAPTIST HOSPITAL, - INCLUDING THE FILING ORGANIZATION - HAS BEEN DELEGATED) IN REVIEWING ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF AMOUNTS DISBURSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt040000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1440000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2174074
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt388991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt45000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0473012
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1886558
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2412764
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3393272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4179263
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt1300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt21000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt339312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0102000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1410515
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt223184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt330842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt418731
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt080806
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt169868
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt212414
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt322757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt419632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt015843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt178588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt2107878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt3112367
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt4258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0J REID MORGAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1NATHAN O HATCH PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ERIC TOMLINSON DSC PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3TERRY L HALES JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4ANITA M CONRAD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR & SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR & PRESIDENT (TO 3-1-18)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4ASSISTANT SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0711661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt11885529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2730314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3648229
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4222884
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CERTAIN OFFICERS AND DIRECTORS OF THE FILING ORGANIZATION DURING THE TAX PERIOD RECEIVED AND PARTICIPATED IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS (SERP) AND EXECUTIVE INCENTIVE COMPENSATION PLANS (ALL OF WHICH WAS PAID BY RELATED ORGANIZATIONS, WAKE FOREST UNIVERSITY HEALTH SCIENCES OR WAKE FOREST UNIVERSITY, AS PART OF THE INDIVIDUALS' COMPENSATION FROM THE RELATED ORGANIZATIONS). THE FOLLOWING DIRECTOR AND OFFICERS RECEIVED A SERP PAYMENT FROM A RELATED ORGANIZATION, WAKE FOREST UNIVERSITY HEALTH SCIENCES IN CALENDAR YEAR 2017: TERRY L. HALES, JR. $111,107 ERIC TOMLINSON, DSC, PHD $76,900 THE COMPENSATION OF DR. NATHAN O. HATCH INCLUDES A PAYOUT OF $300,000 WHICH WAS INCLUDED IN HIS 2017 FORM W-2 AND IS IN COLUMN BII. DR. HATCH'S COMPENSATION IS PAID BY WAKE FOREST UNIVERSITY, A RELATED ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WAKE FOREST UNIVERSITY HEALTH SCIENCES IS THE SOLE MEMBER OF THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION ARE APPOINTED BY THE GOVERNING BODY OF WAKE FOREST UNIVERSITY HEALTH SCIENCES OR BY A MEMBER OF THE GOVERNING BODY OR BY AN OFFICER OF WAKE FOREST UNIVERSITY HEALTH SCIENCES ACTING IN HIS OFFICIAL CAPACITY, IN ACCORDANCE WITH PROCEDURES PRESCRIBED BY THE BOARD OF DIRECTORS OF WAKE FOREST UNIVERSITY HEALTH SCIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF THE ORGANIZATION'S GOVERNING BODY WHICH REQUIRE APPROVAL BY THE PARENT ORGANIZATION, WAKE FOREST UNIVERSITY HEALTH SCIENCES, INCLUDE AMENDMENTS TO THE ORGANIZATION'S GOVERNANCE DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AND THE ELECTION AND REMOVAL OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FILING ORGANIZATION'S BOARD OF DIRECTORS RECEIVES A COPY OF THE FORM 990 WITH SUFFICIENT TIME TO PERMIT REVIEW, COMMENT, AND QUESTIONS PRIOR TO ITS FILING. IF MODIFICATIONS ARE REQUIRED FOLLOWING SUCH REVIEW AND COMMENT, THE REVISED FORM 990 IS REDISTRIBUTED PRIOR TO ITS FILING WITH THE IRS, ALONG WITH A REPORT NOTING THE MODIFICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REQUIRES ITS OFFICERS AND DIRECTORS TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY, AND AS THEY ARISE. ANY ITEMS DISCLOSED ARE REVIEWED AND MANAGED IN ACCORDANCE WITH THE ORGANIZATION'S POLICY ON CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PAYS NO COMPENSATION TO OFFICERS OR DIRECTORS; AS THE ORGANIZATION HAS NO EMPLOYEES, IT DOES NOT PAY ANY COMPENSATION TO ANY KEY EMPLOYEES. ALL COMPENSATION PAID TO OFFICERS, DIRECTORS AND FORMER OFFICERS OR DIRECTORS WAS PAID BY RELATED ORGANIZATIONS. THE RELATED ORGANIZATIONS' EXECUTIVE COMMITTEE OR COMPENSATION COMMITTEE OF ITS BOARD OF DIRECTORS OR BOARD OF TRUSTEES, RESPECTIVELY, OR THE GOVERNANCE & COMPENSATION COMMITTEE OF THE WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER BOARD (THROUGH AUTHORITY DELEGATED TO IT BY WAKE FOREST UNIVERSITY HEALTH SCIENCES - THE PARENT ORGANIZATION OF THE FILING ORGANIZATION) IS RESPONSIBLE FOR REVIEWING AND APPROVING MOST OFFICERS' COMPENSATION. THE COMMITTEE UTILIZES INDEPENDENT COMPENSATION CONSULTANTS, COMPENSATION SURVEYS, AND STUDIES TO DETERMINE THE APPROPRIATENESS OF EACH SUCH OFFICER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON REQUEST AND ARE AVAILABLE ON THE WEBSITE OF THE NORTH CAROLINA SECRETARY OF STATE. THE ORGANIZATION'S BYLAWS ARE NOT PUBLISHED, BUT PROVISIONS FROM THE BYLAWS ARE INCLUDED AS NECESSARY IN THE ORGANIZATION'S POLICIES, AND ARE ATTACHED TO THE FORM 1023 FILED FOR THE ORGANIZATION WITH THE IRS, WHICH IS PUBLICLY AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7J. REID MORGAN FILING ORG 0.5 RELATED ORG 39.5 NATHAN O. HATCH, PHD FILING ORG 0.2 RELATED ORG 39.8 ERIC TOMLINSON, DSC, PHD FILING ORG 9.5 RELATED ORG 25.3 UNRELATED ORG 5.2 TERRY L HALES JR FILING ORG 2.0 RELATED ORG 38.0 ANITA M. CONRAD FILING ORG 1.0 RELATED ORG 39.0 NORTH CAROLINA BAPTIST HOSPITAL IS AN UNRELATED ORGANIZATION TO THE FILING ORGANIZATION. PURSUANT TO THE TERMS OF THE "MEDICAL CENTER INTEGRATION AGREEMENT" (AN AGREEMENT ENTERED INTO IN 2010 AMONG FOUR PARTIES: WAKE FOREST UNIVERSITY, WAKE FOREST UNIVERSITY HEALTH SCIENCES - BOTH RELATED ORGANIZATIONS OF THE FILING ORGANIZATION - WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER (A RELATED ORGANIZATION OF BOTH WAKE FOREST UNIVERSITY AND WAKE FOREST UNIVERSITY HEALTH SCIENCES) AND NORTH CAROLINA BAPTIST HOSPITAL (UNRELATED TO THE FILING ORGANIZATION), UNDER WHICH AGREEMENT THE OPERATION OF WFUHS AND NCBH, AND ALL OF THE RESPECTIVE SUBSIDIARIES OF EACH, WAS DELEGATED TO WFUBMC), THE CORPORATE OFFICERS OF WFUBMC GENERALLY SERVE ALSO AS THE CORPORATE OFFICERS OF WFUHS AND NCBH. THUS, CERTAIN OFFICERS OF THE FILING ORGANIZATION ALSO DEVOTE HOURS TO THE RELATED ORGANIZATIONS, AS WELL AS TO THE UNRELATED ORGANIZATION (NCBH), AS SHOWN IN THE BREAKDOWN OF HOURS ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VII, SECTION A, COLUMN B, HOURS
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0471128865
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROPERTY OWNERS ASSOCIATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0NORTH DISTRICT OWNERS ASSOCIATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0MEDICAL CENTER BLVD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WINSTON SALEM

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$373,205
Liabilities
$11,671,903
Net assets
-$11,298,698
Revenue
$1,000
Expenses
$1,109,588
Net income
-$1,108,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$27.4$27.4$0.08$2.69$2.61
2023Detailed filing. Detailed filing data is available for this year.$0.09$24.8$24.8$0.07$2.96$2.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$21.9$21.9$0.00$2.79$2.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$19.2$19.1$0.00$2.36$2.36
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$14.7$14.3$0.00$1.68$1.68
2019Detailed filing. Detailed filing data is available for this year.$0.11$12.7$12.6$0.00$1.32$1.32
2018Detailed filing. Detailed filing data is available for this year.$0.37$11.7$11.3$0.00$1.11$1.11
2017Detailed filing. Detailed filing data is available for this year.$2.27$12.5$10.2$0.09$1.20$1.10
2016Detailed filing. Detailed filing data is available for this year.$2.82$11.9$9.09$0.00$1.08$1.08
2015Detailed filing. Detailed filing data is available for this year.$1.67$9.68$8.01$0.00$0.85$0.85
2014Detailed filing. Detailed filing data is available for this year.$9.78$16.9$7.16$0.01$0.90$0.90
2013Summary only. Only limited summary data is available for this year.$9.76$16.0$6.26$0.01$2.14$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.80$13.9$4.12$1.46
2011Summary only. Only limited summary data is available for this year.$4.24$7.04$2.79$0.05$1.15$1.11