Civic Intelligence

Broad Hollow Bioscience Park Inc.

990 • Fiscal year 2022 • EIN 11-3455950

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.BIOPARKNY.ORG

View Organization Page

PO Box 176Farmingdale, NY 11735

(631) 227-0955

Siviq Scores

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

Liabilities / Assets

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

49th percentile

0.27x

Higher debt load relative to revenue than 49% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

3rd percentile

-137%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$225,850

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

11th percentile

-15%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-39%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$26,111,228

Down $4,514,493 (-15%) from 2021

Net Assets

Down

$25,506,589

Down $4,626,625 (-15%) from 2021

Liabilities

Up

$604,639

Up $112,132 (+23%) from 2021

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin3rd percentile

Revenue

Down

$2,252,688

Down $1,436,766 (-39%) from 2021

Expenses

Up

$5,347,653

Up $164,756 (+3.2%) from 2021

Net Income

Down

-$3,094,965

Down $1,601,522 (-107%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$80M$60M$40M$20M$0Assets 2010: $7,051,286Liabilities 2010: $828,873Net Assets 2010: $6,222,4132010Assets 2011: $7,943,612Liabilities 2011: $146,953Net Assets 2011: $7,796,6592011Assets 2012: $9,271,762Liabilities 2012: $148,676Net Assets 2012: $9,123,0862012Assets 2013: $10,809,406Liabilities 2013: $142,461Net Assets 2013: $10,666,9452013Assets 2014: $35,302,004Liabilities 2014: $201,198Net Assets 2014: $35,100,8062014Assets 2015: $33,938,642Liabilities 2015: $134,098Net Assets 2015: $33,804,5442015Assets 2016: $32,075,779Liabilities 2016: $133,520Net Assets 2016: $31,942,2592016Assets 2017: $31,806,416Liabilities 2017: $330,146Net Assets 2017: $31,476,2702017Assets 2018: $30,775,378Liabilities 2018: $195,770Net Assets 2018: $30,579,6082018Assets 2019: $29,761,025Liabilities 2019: $290,560Net Assets 2019: $29,470,4652019Assets 2020: $28,448,353Liabilities 2020: $196,341Net Assets 2020: $28,252,0122020Assets 2021: $30,625,721Liabilities 2021: $492,507Net Assets 2021: $30,133,2142021Assets 2022: $26,111,228Liabilities 2022: $604,639Net Assets 2022: $25,506,5892022Assets 2023: $24,864,405Liabilities 2023: $407,150Net Assets 2023: $24,457,2552023Assets 2024: $75,596,812Liabilities 2024: $1,407,245Net Assets 2024: $74,189,5672024Assets 2025: $76,106,926Liabilities 2025: $805,876Net Assets 2025: $75,301,0502025

Highlighted filing

2022

Assets$26,111,228
Liabilities$604,639
Net Assets$25,506,589
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $330,0132010Revenue 2011: $1,987,984Expenses 2011: $413,738Net Income 2011: $1,574,2462011Expenses 2012: $209,2482012Revenue 2013: $1,715,748Expenses 2013: $171,889Net Income 2013: $1,543,8592013Revenue 2014: $22,272,602Expenses 2014: $2,141,137Net Income 2014: $20,131,4652014Revenue 2015: $1,999,414Expenses 2015: $3,295,676Net Income 2015: -$1,296,2622015Revenue 2016: $2,367,837Expenses 2016: $4,230,122Net Income 2016: -$1,862,2852016Revenue 2017: $3,044,825Expenses 2017: $4,468,640Net Income 2017: -$1,423,8152017Revenue 2018: $1,282,116Expenses 2018: $2,614,618Net Income 2018: -$1,332,5022018Revenue 2019: $1,151,687Expenses 2019: $2,772,074Net Income 2019: -$1,620,3872019Revenue 2020: $1,441,508Expenses 2020: $5,051,240Net Income 2020: -$3,609,7322020Revenue 2021: $3,689,454Expenses 2021: $5,182,897Net Income 2021: -$1,493,4432021Revenue 2022: $2,252,688Expenses 2022: $5,347,653Net Income 2022: -$3,094,9652022Revenue 2023: $2,178,523Expenses 2023: $6,043,507Net Income 2023: -$3,864,9842023Revenue 2024: $1,467,302Expenses 2024: $3,259,801Net Income 2024: -$1,792,4992024Revenue 2025: $3,732,808Expenses 2025: $3,698,596Net Income 2025: $34,2122025

Highlighted filing

2022

Revenue$2,252,688
Expenses$5,347,653
Net Income-$3,094,965
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$6,683,506
Mission and Program Overview

Mission

To create, develop and operate an environment in which technologically innovative businesses can develop, and research can be translated into commercially viable high technology.

To build and operate specialized facilities to support a bioscience economic development program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,947,068$15,311,118▼ $4,635,950
Land, Buildings, and Equipment, Net$9,367,425$9,232,888▼ $134,537
Savings and Temporary Cash Investments$710,988$736,941▲ $25,953
Prepaid Expenses and Deferred Charges$190,345$569,370▲ $379,025
Other Notes and Loans Receivable, Net$225,381$0▼ $225,381
Cash and Non-Interest-Bearing Accounts$125,516$209,135▲ $83,619
Accounts Receivable$14,094$6,872▼ $7,222
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$30,625,721$26,111,228▼ $4,514,493
Other Assets Total$44,904$44,904→ $0
Liabilities
Accounts Payable and Accrued Expenses$474,154$586,286▲ $112,132
Other Liabilities$18,353$18,353→ $0
Total Liabilities$492,507$604,639▲ $112,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,133,214$25,506,589▼ $4,626,625
Total Net Assets Fund Balance$30,133,214$25,506,589▼ $4,626,625
Total Liabilities and Net Assets / Fund Balance$30,625,721$26,111,228▼ $4,514,493

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$7,481,876$6,066,355$13,548,231
Equipment$1,751,012$1,403,611$3,154,623
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregory BlyskalFmr Exec DirectorFT$169,796$56,054$225,850
Robert S MorrisseyFacilities MgrFT$115,852$38,298$154,150

Board Members and Trustees

NameTitle
George P LarosaChair
John MaroneyVice-chair
Adrian KrainerBoard Member
Andrew WhiteleyBoard Member
Barbara SawitskyBoard Member
John NaderBoard Member
Paul AmorusoBoard Member
Yacov ShamashBoard Member
Dan PolnerExecutive Direc
Charles AdairSecretary
GREG O'CONNORTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$506,274
Investment Income
$1,688,545
Other Revenue
$57,869
Change in Net Assets
$-3,094,965

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,110,701
Revenue Not Reported on Financial Statements
$141,987
Revenue Not Reported on Form 990
$-1,389,673
Total Revenue per Audited Statements
$721,028
Total Revenue per Form 990
$2,252,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,787,353
Salaries, Compensation, and Employee Benefits$560,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$927,781--$927,781
Other Salaries and Wages$170,320$56,773-$227,093
Insurance$200,192--$200,192
Current Officers, Directors, Trustees, and Key Employees$115,881$38,627-$154,508
Other Expenses$137,782--$137,782
Other Employee Benefits$88,851$29,617-$118,468
Office Expenses$7,327$29,307-$36,634
All Other Expenses$35,917--$35,917
Fees for Services Lobbying-$35,739-$35,739
Pension Plan Contributions$25,466$8,489-$33,955
Payroll Taxes$19,707$6,569-$26,276
Advertising$20,000$3,322-$23,322
Fees for Services Accounting-$7,000-$7,000
Total Functional Expenses$5,132,210$215,443$0$5,347,653

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,723,865
Expenses per Audited Statements$5,347,653
Total Expenses per Form 990$5,347,653
Expenses Not Reported on Form 990$2,376,212
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$18,353
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Distributed to executive board members for review.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Conflict of interest policy is provided to board of directors annually. Each member is required to disclose any conflicts and sign the disclosure form.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Broad Hollow Bioscience Park Inc
EIN
11-3455950
Phone
6312270955
Address
PO BOX 176, FARMINGDALE, NY 11735

Signing Officer

Name
Dan Polner
Title
Executive Director
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Polner
Formed
1998
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
10

Preparer

Firm
Fuoco Group Llp
Address
200 PARKWAY DR S STE 302, HAUPPAUGE, NY 11788
Preparer
Robert J Logan CPA
Phone
6313601700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2CL

“There is no change in procedure from the prior year.”

Financial Statement Notes

Part X : FIN48 Footnote

“The organization is exempt from income taxation under internal revenue service code section 501(c)3, and is subject to federal and state tax on net unrelated business income. The organization has not taken an unsubstantiated tax position that would require provision of a liability under financial accounting standards board (fasb) accounting standards codification (asc)740-10 (formerly fin interpretation no. 48), "accounting for uncertainty in income taxes". Under asc 740-10, an organization must recognize the tax benefit associated with tax position taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The organization does not believe there are any material uncertain tax positions and, accordingly, has not recognized any liability for unrecognized tax benefits. The organization has filed irs form 990, as required, and all other applicable returns in jurisdictions when it is required. The organization's information returns are subject to review by the appropriate authorities for a period of three years from the date of filing. There was no interest or penalties recorded or included in the financial statements.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO CREATE, DEVELOP AND OPERATE AN ENVIRONMENT IN WHICH TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP, AND RESEARCH CAN BE TRANSLATED INTO COMMERCIALLY VIABLE HIGH TECHNOLOGY.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3765885
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt030133214
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt025506589
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029307
IRS990/OfficeExpensesGrp/ProgramServicesAmt07327
IRS990/OfficeExpensesGrp/TotalAmt036634
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt044904
IRS990/OtherAssetsTotalGrp/EOYAmt044904
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029617
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088851
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118468
IRS990/OtherExpensesGrp/Desc0donated facilities
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND MAINTENAN
IRS990/OtherExpensesGrp/ProgramServicesAmt02376212
IRS990/OtherExpensesGrp/ProgramServicesAmt1661829
IRS990/OtherExpensesGrp/ProgramServicesAmt2344945
IRS990/OtherExpensesGrp/ProgramServicesAmt3137782
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IRS990/OtherExpensesGrp/TotalAmt1661829
IRS990/OtherExpensesGrp/TotalAmt2344945
IRS990/OtherExpensesGrp/TotalAmt3137782
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt057869
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IRS990/OtherRevenueTotalAmt057869
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056773
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0170320
IRS990/OtherSalariesAndWagesGrp/TotalAmt0227093
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0225381
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06569
IRS990/PayrollTaxesGrp/ProgramServicesAmt019707
IRS990/PayrollTaxesGrp/TotalAmt026276
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08489
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt025466
IRS990/PensionPlanContributionsGrp/TotalAmt033955
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0190345
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0569370
IRS990/PrincipalOfficerNm0DAN POLNER
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL/RESEARCH FACILITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0506274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0506274
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03284342
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04692872
IRS990/PYOtherRevenueAmt07379
IRS990/PYProgramServiceRevenueAmt0397733
IRS990/PYRevenuesLessExpensesAmt0-1493443
IRS990/PYSalariesCompEmpBnftPaidAmt0490025
IRS990/PYTotalExpensesAmt05182897
IRS990/PYTotalRevenueAmt03689454
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3094965
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0710988
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0736941
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt02376212
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt02307002
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt02239808
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt02174571
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt09097593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01688545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03284342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01150726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0402720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0353370
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06879703
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.56940
IRS990ScheduleA/PublicSupportPY170Pct00.54950
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02376212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02307002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02239808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02174571
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09097593
IRS990ScheduleA/TotalSupportAmt015977296
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02376212
IRS990ScheduleD/DonatedServicesUseFcltsAmt02376212
IRS990ScheduleD/EquipmentGrp/BookValueAmt01751012
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01403611
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03154623
IRS990ScheduleD/ExpensesNotReportedAmt02376212
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06066355
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)3, AND IS SUBJECT TO FEDERAL AND STATE TAX ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC)740-10 (FORMERLY FIN INTERPRETATION NO. 48), "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED IRS FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO REVIEW BY THE APPROPRIATE AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE OF FILING. THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,111,228
Liabilities
$604,639
Net assets
$25,506,589
Revenue
$2,252,688
Expenses
$5,347,653
Net income
-$3,094,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.1$0.81$75.3$3.73$3.70$0.03
2024Detailed filing. Detailed filing data is available for this year.$75.6$1.41$74.2$1.47$3.26$1.79
2023Detailed filing. Detailed filing data is available for this year.$24.9$0.41$24.5$2.18$6.04$3.86
2022Detailed filing. Detailed filing data is available for this year.$26.1$0.60$25.5$2.25$5.35$3.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.6$0.49$30.1$3.69$5.18$1.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$0.20$28.3$1.44$5.05$3.61
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$0.29$29.5$1.15$2.77$1.62
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$0.20$30.6$1.28$2.61$1.33
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.8$0.33$31.5$3.04$4.47$1.42
2016Detailed filing. Detailed filing data is available for this year.$32.1$0.13$31.9$2.37$4.23$1.86
2015Detailed filing. Detailed filing data is available for this year.$33.9$0.13$33.8$2.00$3.30$1.30
2014Detailed filing. Detailed filing data is available for this year.$35.3$0.20$35.1$22.3$2.14$20.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$0.14$10.7$1.72$0.17$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.27$0.15$9.12$0.21
2011Summary only. Only limited summary data is available for this year.$7.94$0.15$7.80$1.99$0.41$1.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$0.83$6.22$0.33