Civic Intelligence

Aafe Community Development Fund Inc.

990 • Fiscal year 2020 • EIN 13-4103352

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

2 Allen Street 7th FloorNew York, NY 10002

(212) 964-2288

Siviq Scores

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

Liabilities / Assets

38th percentile

0.44x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

6.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Net Margin

40th percentile

-6.2%

Higher net margin than 40% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$260,615

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 46.4% of source-year revenue.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Asset Growth

57th percentile

1.6%

Faster asset growth than 57% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

18%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,666,322

Up $122,978 (+1.6%) from 2019

Net Assets

Down

$4,264,074

Down $34,542 (-0.8%) from 2019

Liabilities

Up

$3,402,248

Up $157,520 (+4.9%) from 2019

Revenue

Up

$562,272

Up $86,551 (+18%) from 2019

Expenses

Down

$596,858

Down $102,096 (-15%) from 2019

Net Income

Up

-$34,586

Up $188,647 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,718,251Liabilities 2010: $1,338,586Net Assets 2010: $3,379,6652010Assets 2011: $4,989,991Liabilities 2011: $1,410,159Net Assets 2011: $3,579,8322011Assets 2012: $6,790,110Liabilities 2012: $2,765,425Net Assets 2012: $4,024,6852012Assets 2013: $10,230,857Liabilities 2013: $6,093,887Net Assets 2013: $4,136,9702013Assets 2014: $10,216,717Liabilities 2014: $6,059,719Net Assets 2014: $4,156,9982014Assets 2015: $10,437,156Liabilities 2015: $6,170,451Net Assets 2015: $4,266,7052015Assets 2016: $9,483,837Liabilities 2016: $5,117,240Net Assets 2016: $4,366,5972016Assets 2017: $9,265,974Liabilities 2017: $4,692,137Net Assets 2017: $4,573,8372017Assets 2018: $7,964,036Liabilities 2018: $3,442,167Net Assets 2018: $4,521,8692018Assets 2019: $7,543,344Liabilities 2019: $3,244,728Net Assets 2019: $4,298,6162019Assets 2020: $7,666,322Liabilities 2020: $3,402,248Net Assets 2020: $4,264,0742020Assets 2021: $7,541,854Liabilities 2021: $3,261,835Net Assets 2021: $4,280,0192021Assets 2022: $7,122,719Liabilities 2022: $2,793,118Net Assets 2022: $4,329,6012022Assets 2023: $6,972,057Liabilities 2023: $2,504,960Net Assets 2023: $4,467,0972023Assets 2024: $6,746,365Liabilities 2024: $2,344,654Net Assets 2024: $4,401,7112024

Highlighted filing

2020

Assets$7,666,322
Liabilities$3,402,248
Net Assets$4,264,074

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $1,284,199Expenses 2010: $1,287,431Net Income 2010: -$3,2322010Expenses 2011: $1,414,2292011Expenses 2012: $1,373,1132012Revenue 2013: $1,841,972Expenses 2013: $1,729,687Net Income 2013: $112,2852013Revenue 2014: $1,519,859Expenses 2014: $1,499,831Net Income 2014: $20,0282014Revenue 2015: $1,199,289Expenses 2015: $1,089,582Net Income 2015: $109,7072015Revenue 2016: $996,405Expenses 2016: $896,513Net Income 2016: $99,8922016Revenue 2017: $1,180,938Expenses 2017: $973,698Net Income 2017: $207,2402017Revenue 2018: $590,419Expenses 2018: $639,522Net Income 2018: -$49,1032018Revenue 2019: $475,721Expenses 2019: $698,954Net Income 2019: -$223,2332019Revenue 2020: $562,272Expenses 2020: $596,858Net Income 2020: -$34,5862020Revenue 2021: $597,615Expenses 2021: $581,655Net Income 2021: $15,9602021Revenue 2022: $687,283Expenses 2022: $637,701Net Income 2022: $49,5822022Revenue 2023: $859,326Expenses 2023: $721,829Net Income 2023: $137,4972023Revenue 2024: $673,738Expenses 2024: $739,124Net Income 2024: -$65,3862024

Highlighted filing

2020

Revenue$562,272
Expenses$596,858
Net Income-$34,586
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$590,671
Mission and Program Overview

Mission

Aafe community development fund, inc. Provides targeted technical assistance and affordable second mortgage loans to enhance home-ownership opportunities for low and moderate income residents of new york city, including asian-americans, minorities and immigrants.

Affe community development fund, inc. Provides targeted technical assistance and affordable second mortgage loans to enhance home-ownership opportunities for low and moderate income residents of new york city, including asian-americans, minorities and immigrants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,354,458$3,263,287▼ $91,171
Savings and Temporary Cash Investments$970,290$1,063,502▲ $93,212
Other Notes and Loans Receivable, Net$1,395,867$997,210▼ $398,657
Cash and Non-Interest-Bearing Accounts$230,633$716,147▲ $485,514
Pledges and Grants Receivable$43,716$38,523▼ $5,193
Prepaid Expenses and Deferred Charges$14,212$5,303▼ $8,909
Total Assets$7,543,344$7,666,322▲ $122,978
Other Assets Total$1,534,168$1,582,350▲ $48,182
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,010,244$1,978,409▼ $31,835
Other Liabilities$1,186,249$1,278,748▲ $92,499
Accounts Payable and Accrued Expenses$48,235$103,046▲ $54,811
Unsecured Notes Loans Payable-$42,045-
Total Liabilities$3,244,728$3,402,248▲ $157,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,064,604$3,966,425▼ $98,179
Net Assets With Donor Restrictions$234,012$297,649▲ $63,637
Total Net Assets Fund Balance$4,298,616$4,264,074▼ $34,542
Total Liabilities and Net Assets / Fund Balance$7,543,344$7,666,322▲ $122,978

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,727,005$682,716$3,409,721
Land$540,000-$540,000
Leasehold Improvements$-6,616$222,919$216,303
Equipment$2,898$36,458$39,356
Other Assets Org$1,756--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eddie WongDeputy Managing DirectorFT$64,668$13,359$78,027
Chris MalliosDirector of Finance & Ad (outgoing)--$70,253$70,253

Board Members and Trustees

NameTitle
Lydia TomPresident
Thomas YuCo-executive Director
Jennifer SunCo-executive Director/secretary
Donna ChiuDirector
Heidie Joo BurwellDirector
Jessie LeeManaging Director
Tim JungChief Financial Officer
Mariadele PriestSecretary (outgoing)
Revenue and Support

Revenue Composition

Contributions and Grants
$282,017
Program Service Revenue
$126,816
Investment Income
$4,692
Other Revenue
$148,747
All Other Contributions
$249,999
Change in Net Assets
$-34,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$590,671
Revenue Not Reported on Financial Statements
$-28,399
Revenue Not Reported on Form 990
$44
Other Revenue Adjustments
$-28,399
Total Revenue per Audited Statements
$590,715
Total Revenue per Form 990
$562,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$380,760
Salaries, Compensation, and Employee Benefits$216,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$96,920$4,500-$101,420
Other Salaries and Wages$95,596$1,654-$97,250
Depreciation Depletion$77,495$13,676-$91,171
Current Officers, Directors, Trustees, and Key Employees$50,717$27,310-$78,027
Occupancy$51,189$9,033-$60,222
Fees for Services Other$22,795$2,433-$25,228
Information Technology$20,053$3,538-$23,591
Fees for Services Management$19,962$3,521-$23,483
Office Expenses$16,282$6,975-$23,257
Other Employee Benefits$21,249$922-$22,171
Insurance$15,481$2,732-$18,213
Payroll Taxes$14,039$2,477-$16,516
Fees for Services Legal$4,763$642-$5,405
Pension Plan Contributions$2,082$52-$2,134
Other Expenses$876$155-$1,031
Total Functional Expenses$516,139$80,719$0$596,858

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$625,257
Expenses per Audited Statements$596,858
Total Expenses per Form 990$596,858
Expenses Not Reported on Form 990$28,399
Expenses Not Reported on Financial Statements$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Payable to Affiliates$1,000,000
Due to Affiliates$278,748
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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

Aafe community development fund, inc. Is a membership organization with asian americans for equality, inc. As a sole member. Other persons may become a member only after favorable action by the current members and the board of directors of the corporation. The board of directors of the corporation may establish such other criteria for membership as they deem appropriate.

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

Asian americans for equality, inc., being the sole member, is entitled to appoint the directors; provided, however, that in the event that additional persons are accepted as members of the corporation pursuant to section 2.2 of the organization's by-laws, the number of directors to be appointed by each member may be reapportioned by a favorable action of the board of directors.

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

The following corporate actions may not be taken without the approval of the members: (1) any amendment of or change to the certificate of incorporation or (2) a petition for judicial dissolution; (3) disposing of all, or substantially all, of the assets of the corporation, (4) approval of a plan of merger, (5) authorization of a plan of non-judicial dissolution, or (6) revocation of a voluntary dissolution proceeding. (7) remove any director any time with or without cause by a vote.

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

The form 990 is prepared by an independent accountant. At least 7 days prior to filing, the organization distributes a draft form 990 to the board for review. Five days are allowed for feedback, through the board treasurer, before form 990 is finalized and filed with the irs. A copy of the filed form 990 is provided to the board for their records.

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

Directors and officers are issued with a copy of the organization's current conflict of interest (coi) policy upon appointment, and annually thereafter. Directors and officers complete annual declarations to either confirm no conflicts, or identify possible and/or actual conflicts.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public by request to any board member or officer. These documents are maintained at the organization's registered office.

Filing and Contact Details

Filer

Filer Name
Aafe Community Development Fund Inc
EIN
13-4103352
Phone
2129642288
Address
2 ALLEN STREET 7TH FLOOR, NEW YORK, NY 10002

Signing Officer

Name
Thomas Yu
Title
Co-executive Director
Phone
2129642288
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Yu
Formed
2000
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
1
Employees
3
Volunteers
1

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

The process of overseeing the audit and selection of independent accountant has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Aafe cdf believes it had no uncertain tax positions as of december 31, 2020 and 2019, in accordance with accounting standards codification ("asc") topic 740, which provides standards for establishing and classifying any tax provisions for uncertain tax positions.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rent expense on sublease offset against rent income -28,399.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expense on sublease offset against rent income 28,399.

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IRS990/InsuranceGrp/ProgramServicesAmt015481
IRS990/InsuranceGrp/TotalAmt018213
IRS990/InterestGrp/ManagementAndGeneralAmt04500
IRS990/InterestGrp/ProgramServicesAmt096920
IRS990/InterestGrp/TotalAmt0101420
IRS990/InvestmentIncomeGrp/ExclusionAmt04692
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04692
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0942093
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03354458
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03263287
IRS990/LandBldgEquipCostOrOtherBssAmt04205380
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt028399
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY, INCLUDING ASIAN-AMERICANS, MINORITIES AND IMMIGRANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02010244
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01978409
IRS990/NetAssetsOrFundBalancesBOYAmt04298616
IRS990/NetAssetsOrFundBalancesEOYAmt04264074
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0139601
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0139601
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt044
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04064604
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03966425
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09033
IRS990/OccupancyGrp/ProgramServicesAmt051189
IRS990/OccupancyGrp/TotalAmt060222
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06975
IRS990/OfficeExpensesGrp/ProgramServicesAmt016282
IRS990/OfficeExpensesGrp/TotalAmt023257
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01534168
IRS990/OtherAssetsTotalGrp/EOYAmt01582350
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0922
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021249
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022171
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1EQUIPT. RENTAL & MAINT.
IRS990/OtherExpensesGrp/Desc2LOAN AND CREDIT RELATED
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0474
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1383
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2242
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3155
IRS990/OtherExpensesGrp/ProgramServicesAmt02684
IRS990/OtherExpensesGrp/ProgramServicesAmt12172
IRS990/OtherExpensesGrp/ProgramServicesAmt21784
IRS990/OtherExpensesGrp/ProgramServicesAmt3876
IRS990/OtherExpensesGrp/TotalAmt03158
IRS990/OtherExpensesGrp/TotalAmt12555
IRS990/OtherExpensesGrp/TotalAmt22026
IRS990/OtherExpensesGrp/TotalAmt31031
IRS990/OtherLiabilitiesGrp/BOYAmt01186249
IRS990/OtherLiabilitiesGrp/EOYAmt01278748
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09146
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09146
IRS990/OtherRevenueTotalAmt09146
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01654
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt095596
IRS990/OtherSalariesAndWagesGrp/TotalAmt097250
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01395867
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0997210
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02477
IRS990/PayrollTaxesGrp/ProgramServicesAmt014039
IRS990/PayrollTaxesGrp/TotalAmt016516
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt052
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02082
IRS990/PensionPlanContributionsGrp/TotalAmt02134
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt043716
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt038523
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014212
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05303
IRS990/PrincipalOfficerNm0THOMAS YU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108002
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118814
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118814
IRS990/ProgSrvcAccomActy2Grp/Desc0CDFI AND LOAN PROGRAM - THE CDFI AND LOAN PROGRAM PROVIDES AFFORDABLE FINANCING TO HELP FIRST-TIME HOME BUYERS IN NEW YORK CITY WITH THEIR DOWNPAYMENTS; THUS LOWERING THE LOAN-TO-VALUE RATIO OF THEIR PRIMARY MORTGAGE. THIS PROGRAM ALSO OFFERS A RANGE OF AFFORDABLE DOWN PAYMENT, EMERGENCY REPAIR AND HOME REHABILITATION LOAN PRODUCTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0160337
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0185834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01333
IRS990/PYOtherExpensesAmt0475388
IRS990/PYOtherRevenueAmt0148327
IRS990/PYProgramServiceRevenueAmt0140227
IRS990/PYRevenuesLessExpensesAmt0-223233
IRS990/PYSalariesCompEmpBnftPaidAmt0223566
IRS990/PYTotalExpensesAmt0698954
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0475721
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-34586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0139601
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0135962
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0970290
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01063502
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2016 AMOUNT: $ 14,566. 2017 AMOUNT: $ 60,219. 2018 AMOUNT: $ 5,128. 2019 AMOUNT: $ 1,527. 2020 AMOUNT: $ 9,146.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0282017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0185834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0284823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0829514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0231099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01813287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0172692
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0160133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0139959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0148852
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0762202
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01226730
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09146
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01527
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05128
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt060219
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt014566
IRS990ScheduleA/OtherIncome170Grp/TotalAmt090586
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63820
IRS990ScheduleA/PublicSupportPY170Pct00.62620
IRS990ScheduleA/PublicSupportTotal170Amt01701575
IRS990ScheduleA/SubstantialContributorsTotAmt0111712
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0282017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0185834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0284823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0829514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0231099
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01813287
IRS990ScheduleA/TotalSupportAmt02666075
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/BookValueAmt02727005
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0682716
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03409721
IRS990ScheduleD/EquipmentGrp/BookValueAmt02898
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036458
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039356
IRS990ScheduleD/ExpensesNotReportedAmt028399
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0596858
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0540000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0540000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0-6616
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0222919
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0216303
IRS990ScheduleD/NetUnrealizedGainsInvstAmt044
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01454653
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1125941
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21756
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesIncludedAmt028399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0278748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOANS PAYABLE TO AFFILIATES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-28399
IRS990ScheduleD/RevenueNotReportedAmt044
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-28399
IRS990ScheduleD/RevenueSubtotalAmt0590671
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AAFE CDF BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2020 AND 2019, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSE ON SUBLEASE OFFSET AGAINST RENT INCOME -28,399.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE ON SUBLEASE OFFSET AGAINST RENT INCOME 28,399.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.75$2.34$4.40$0.67$0.74$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.97$2.50$4.47$0.86$0.72$0.14
2022Detailed filing. Detailed filing data is available for this year.$7.12$2.79$4.33$0.69$0.64$0.05
2021Detailed filing. Detailed filing data is available for this year.$7.54$3.26$4.28$0.60$0.58$0.02
2020Detailed filing. Detailed filing data is available for this year.$7.67$3.40$4.26$0.56$0.60$0.03
2019Detailed filing. Detailed filing data is available for this year.$7.54$3.24$4.30$0.48$0.70$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.96$3.44$4.52$0.59$0.64$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.27$4.69$4.57$1.18$0.97$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.48$5.12$4.37$1.00$0.90$0.10
2015Detailed filing. Detailed filing data is available for this year.$10.4$6.17$4.27$1.20$1.09$0.11
2014Detailed filing. Detailed filing data is available for this year.$10.2$6.06$4.16$1.52$1.50$0.02
2013Detailed filing. Detailed filing data is available for this year.$10.2$6.09$4.14$1.84$1.73$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$2.77$4.02$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$1.41$3.58$1.41
2010Summary only. Only limited summary data is available for this year.$4.72$1.34$3.38$1.28$1.29$0.00