Civic Intelligence

Aafe Community Development Fund Inc.

990 • Fiscal year 2021 • EIN 13-4103352

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 13, 2022

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

42nd percentile

0.43x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

5.46x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Net Margin

51st percentile

2.7%

Higher net margin than 51% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

71st percentile

$279,631

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 46.8% of source-year revenue.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Asset Growth

36th percentile

-1.6%

Faster asset growth than 36% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

6.3%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$7,541,854

Down $124,468 (-1.6%) from 2020

Net Assets

Up

$4,280,019

Up $15,945 (+0.4%) from 2020

Liabilities

Down

$3,261,835

Down $140,413 (-4.1%) from 2020

Revenue

Up

$597,615

Up $35,343 (+6.3%) from 2020

Expenses

Down

$581,655

Down $15,203 (-2.5%) from 2020

Net Income

Up

$15,960

Up $50,546 (+146%) from 2020

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

2021

Assets$7,541,854
Liabilities$3,261,835
Net Assets$4,280,019

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

2021

Revenue$597,615
Expenses$581,655
Net Income$15,960
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 13, 2022
Return Version
2021v4.2
Gross Receipts
$613,451
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$3,263,287$3,173,266▼ $90,021
Savings and Temporary Cash Investments$1,063,502$1,155,275▲ $91,773
Cash and Non-Interest-Bearing Accounts$716,147$843,625▲ $127,478
Other Notes and Loans Receivable, Net$997,210$754,290▼ $242,920
Pledges and Grants Receivable$38,523$46,006▲ $7,483
Prepaid Expenses and Deferred Charges$5,303$7,816▲ $2,513
Total Assets$7,666,322$7,541,854▼ $124,468
Other Assets Total$1,582,350$1,561,576▼ $20,774
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,978,409$1,941,261▼ $37,148
Other Liabilities$1,278,748$1,259,129▼ $19,619
Accounts Payable and Accrued Expenses$103,046$61,445▼ $41,601
Unsecured Notes Loans Payable$42,045--
Total Liabilities$3,402,248$3,261,835▼ $140,413
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,966,425$4,069,829▲ $103,404
Net Assets With Donor Restrictions$297,649$210,190▼ $87,459
Total Net Assets Fund Balance$4,264,074$4,280,019▲ $15,945
Total Liabilities and Net Assets / Fund Balance$7,666,322$7,541,854▼ $124,468

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,633,266$776,455$3,409,721
Land$540,000-$540,000
Leasehold Improvements$0$216,303$216,303
Equipment$0$39,356$39,356
Other Assets Org$1,756--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eddie WongDeputy Managing DirectorFT$71,954$13,682$85,636

Board Members and Trustees

NameTitle
Heidie Joo BurwellBoard Chair
Donna ChiuBoard Member
Lydia TomBoard Member
Jennifer SunCo-executive Director/secretary
Thomas YuCo-executive Director/treasurer
Jessie LeeManaging Director
Tim JungChief Financial Officer (outgoing)
Revenue and Support

Revenue Composition

Contributions and Grants
$288,451
Program Service Revenue
$112,307
Investment Income
$3,552
Other Revenue
$193,305
All Other Contributions
$181,017
Change in Net Assets
$15,960

Audited Revenue Reconciliation

Revenue per Audited Statements
$613,451
Revenue Not Reported on Financial Statements
$-15,836
Revenue Not Reported on Form 990
$-15
Other Revenue Adjustments
$-15,836
Total Revenue per Audited Statements
$613,436
Total Revenue per Form 990
$597,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$381,462
Salaries, Compensation, and Employee Benefits$200,193
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$103,679$4,500-$108,179
Depreciation Depletion$76,518$13,503-$90,021
Other Salaries and Wages$78,772$8,753-$87,525
Current Officers, Directors, Trustees, and Key Employees$77,072$8,564-$85,636
Occupancy$49,699$8,771-$58,470
Fees for Services Other$26,860$23,080-$49,940
Office Expenses$21,637$6,444-$28,081
Information Technology$20,119$3,550-$23,669
Payroll Taxes$14,002$1,556-$15,558
Insurance$9,757$1,722-$11,479
Other Employee Benefits$8,458$939-$9,397
Pension Plan Contributions$1,869$208-$2,077
Other Expenses$1,334$234-$1,568
All Other Expenses$530--$530
Total Functional Expenses$498,684$82,971$0$581,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$597,491
Expenses per Audited Statements$581,655
Total Expenses per Form 990$581,655
Expenses Not Reported on Form 990$15,836
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$224,518
Refundable Advance$34,611
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
Executive Director
Phone
2129642288
Signed
2022-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Yu
Formed
2000
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
2
Volunteers
3

Preparer

Firm
Cbiz Marks Paneth LLC
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, 2021 and 2020, 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 -15,836.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expense on sublease offset against rent income 15,836.

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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/BOYAmt01978409
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01941261
IRS990/NetAssetsOrFundBalancesBOYAmt04264074
IRS990/NetAssetsOrFundBalancesEOYAmt04280019
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0137164
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0137164
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-15
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03966425
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04069829
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08771
IRS990/OccupancyGrp/ProgramServicesAmt049699
IRS990/OccupancyGrp/TotalAmt058470
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06444
IRS990/OfficeExpensesGrp/ProgramServicesAmt021637
IRS990/OfficeExpensesGrp/TotalAmt028081
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01582350
IRS990/OtherAssetsTotalGrp/EOYAmt01561576
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0939
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08458
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09397
IRS990/OtherExpensesGrp/Desc0EQUIPT. RENTAL & MAINT.
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0610
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1537
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2234
IRS990/OtherExpensesGrp/ProgramServicesAmt03457
IRS990/OtherExpensesGrp/ProgramServicesAmt13011
IRS990/OtherExpensesGrp/ProgramServicesAmt21910
IRS990/OtherExpensesGrp/ProgramServicesAmt31334
IRS990/OtherExpensesGrp/TotalAmt04067
IRS990/OtherExpensesGrp/TotalAmt13548
IRS990/OtherExpensesGrp/TotalAmt21910
IRS990/OtherExpensesGrp/TotalAmt31568
IRS990/OtherLiabilitiesGrp/BOYAmt01278748
IRS990/OtherLiabilitiesGrp/EOYAmt01259129
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0FEE REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt049470
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16671
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049470
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16671
IRS990/OtherRevenueTotalAmt056141
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08753
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt078772
IRS990/OtherSalariesAndWagesGrp/TotalAmt087525
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0997210
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0754290
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01556
IRS990/PayrollTaxesGrp/ProgramServicesAmt014002
IRS990/PayrollTaxesGrp/TotalAmt015558
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0208
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01869
IRS990/PensionPlanContributionsGrp/TotalAmt02077
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt038523
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046006
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05303
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07816
IRS990/PrincipalOfficerNm0THOMAS YU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt082949
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt129358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129358
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/ExpenseAmt0169374
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0282017
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04692
IRS990/PYOtherExpensesAmt0380760
IRS990/PYOtherRevenueAmt0148747
IRS990/PYProgramServiceRevenueAmt0126816
IRS990/PYRevenuesLessExpensesAmt0-34586
IRS990/PYSalariesCompEmpBnftPaidAmt0216098
IRS990/PYTotalExpensesAmt0596858
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0562272
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt015960
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0137164
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0168448
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01063502
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01155275
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2017 AMOUNT: $ 60,219. 2018 AMOUNT: $ 5,128. 2019 AMOUNT: $ 1,527. 2020 AMOUNT: $ 9,146. 2021 AMOUNT: $ 6,671. FEE REIMBURSEMENT - 2021 AMOUNT: $ 49,470.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0288451
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0282017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0185834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0284823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0829514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01870639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0156552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0172692
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0160133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0140566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0139959
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0769902
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0718698
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt056141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09146
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01527
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05128
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt060219
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0132161
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63550
IRS990ScheduleA/PublicSupportPY170Pct00.63820
IRS990ScheduleA/PublicSupportTotal170Amt01762001
IRS990ScheduleA/SubstantialContributorsTotAmt0108638
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0288451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0282017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0185834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0284823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0829514
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01870639
IRS990ScheduleA/TotalSupportAmt02772702
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/BookValueAmt02633266
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0776455
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03409721
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039356
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039356
IRS990ScheduleD/ExpensesNotReportedAmt015836
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0581655
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0540000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0540000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0216303
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0216303
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-15
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01462814
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt197006
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21756
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesIncludedAmt015836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0224518
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt234611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOANS PAYABLE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFUNDABLE ADVANCE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-15836
IRS990ScheduleD/RevenueNotReportedAmt0-15
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-15836
IRS990ScheduleD/RevenueSubtotalAmt0613451
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AAFE CDF BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2021 AND 2020, 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 -15,836.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT EXPENSE ON SUBLEASE OFFSET AGAINST RENT INCOME 15,836.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03173266
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01561576
IRS990ScheduleD/TotalExpensesPerForm990Amt0581655
IRS990ScheduleD/TotalLiabilityAmt01259129
IRS990ScheduleD/TotalRevenuePerForm990Amt0597615
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0613436
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0597491
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

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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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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