Civic Intelligence

Sjmc Senior Housing Development Fund Corporation

990 • Fiscal year 2019 • EIN 13-4103604

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 24, 2020

Organization ProfileN/A
122 South BroadwayYonkers, NY 10701

(914) 969-6159

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.45x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

16.24x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Net Margin

14th percentile

-44%

Higher net margin than 14% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Asset Growth

25th percentile

-3.8%

Faster asset growth than 25% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

0.6%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$8,696,561

Down $344,120 (-3.8%) from 2018

Net Assets

Down

-$3,950,300

Down $339,966 (-9.4%) from 2018

Liabilities

Down

$12,646,861

Down $4,154 (-0.0%) from 2018

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin14th percentile

Revenue

Up

$778,556

Up $4,551 (+0.6%) from 2018

Expenses

Up

$1,118,522

Up $112,885 (+11%) from 2018

Net Income

Down

-$339,966

Down $108,334 (-47%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $11,023,773Liabilities 2010: $12,606,873Net Assets 2010: -$1,583,1002010Assets 2011: $10,833,558Liabilities 2011: $12,581,751Net Assets 2011: -$1,748,1932011Assets 2012: $10,648,065Liabilities 2012: $12,608,068Net Assets 2012: -$1,960,0032012Assets 2013: $10,292,486Liabilities 2013: $12,601,496Net Assets 2013: -$2,309,0102013Assets 2014: $10,032,944Liabilities 2014: $12,611,622Net Assets 2014: -$2,578,6782014Assets 2015: $9,707,527Liabilities 2015: $12,637,359Net Assets 2015: -$2,929,8322015Assets 2016: $9,452,176Liabilities 2016: $12,646,865Net Assets 2016: -$3,194,6892016Assets 2017: $9,266,617Liabilities 2017: $12,645,319Net Assets 2017: -$3,378,7022017Assets 2018: $9,040,681Liabilities 2018: $12,651,015Net Assets 2018: -$3,610,3342018Assets 2019: $8,696,561Liabilities 2019: $12,646,861Net Assets 2019: -$3,950,3002019Assets 2020: $8,420,688Liabilities 2020: $12,608,756Net Assets 2020: -$4,188,0682020Assets 2021: $8,204,570Liabilities 2021: $12,595,378Net Assets 2021: -$4,390,8082021Assets 2022: $7,901,995Liabilities 2022: $12,186,073Net Assets 2022: -$4,284,0782022Assets 2023: $7,704,639Liabilities 2023: $12,194,560Net Assets 2023: -$4,489,9212023Assets 2024: $7,401,755Liabilities 2024: $12,210,518Net Assets 2024: -$4,808,7632024Assets 2025: $7,224,398Liabilities 2025: $12,186,556Net Assets 2025: -$4,962,1582025

Highlighted filing

2019

Assets$8,696,561
Liabilities$12,646,861
Net Assets-$3,950,300
Open 2019 Filing

Operations Trend

Revenue Growth44th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $984,4602010Revenue 2011: $679,188Expenses 2011: $844,281Net Income 2011: -$165,0932011Expenses 2012: $886,6802012Expenses 2013: $1,021,5292013Revenue 2014: $670,308Expenses 2014: $939,976Net Income 2014: -$269,6682014Revenue 2015: $668,491Expenses 2015: $1,019,645Net Income 2015: -$351,1542015Revenue 2016: $672,988Expenses 2016: $937,845Net Income 2016: -$264,8572016Revenue 2017: $787,212Expenses 2017: $971,225Net Income 2017: -$184,0132017Revenue 2018: $774,005Expenses 2018: $1,005,637Net Income 2018: -$231,6322018Revenue 2019: $778,556Expenses 2019: $1,118,522Net Income 2019: -$339,9662019Revenue 2020: $828,831Expenses 2020: $1,066,599Net Income 2020: -$237,7682020Revenue 2021: $875,670Expenses 2021: $1,078,410Net Income 2021: -$202,7402021Revenue 2022: $1,316,454Expenses 2022: $1,209,724Net Income 2022: $106,7302022Revenue 2023: $987,732Expenses 2023: $1,193,575Net Income 2023: -$205,8432023Revenue 2024: $1,019,380Expenses 2024: $1,338,222Net Income 2024: -$318,8422024Revenue 2025: $1,115,547Expenses 2025: $1,268,942Net Income 2025: -$153,3952025

Highlighted filing

2019

Revenue$778,556
Expenses$1,118,522
Net Income-$339,966
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 24, 2020
Return Version
2018v3.1
Gross Receipts
$778,556
Mission and Program Overview

Mission

Provide housing to the elderly and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,419,482$8,098,429▼ $321,053
Prepaid Expenses and Deferred Charges$20,252$25,634▲ $5,382
Accounts Receivable-$5,057-
Cash and Non-Interest-Bearing Accounts$114,921$103▼ $114,818
Total Assets$9,040,681$8,696,561▼ $344,120
Other Assets Total$486,026$567,338▲ $81,312
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,133,700$12,133,700→ $0
Other Liabilities$464,074$467,328▲ $3,254
Accounts Payable and Accrued Expenses$53,241$45,833▼ $7,408
Total Liabilities$12,651,015$12,646,861▼ $4,154
Net Assets / Fund Balance
Unrestricted Net Assets$-3,610,334$-3,950,300▼ $339,966
Total Net Assets Fund Balance$-3,610,334$-3,950,300▼ $339,966
Total Liabilities and Net Assets / Fund Balance$9,040,681$8,696,561▼ $344,120

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,831,373$4,481,027$12,312,400
Land$246,030-$246,030
Other Land Buildings$1,811$58,635$60,446
Equipment$19,215$24,892$44,107
Other Assets Org$21,001--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
James J LandyPresident
Michael J SpicerVice President
Brendan R LandyDirector
Colleen WagnerDirector
Kevin CacaceDirector
Sr Andrea DixonDirector
Sr Donna DodgeDirector
Michael MinervaSecretary
Lawrence MccruddenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$771,438
Investment Income
$698
Other Revenue
$6,420
Change in Net Assets
$-339,966

Audited Revenue Reconciliation

Revenue per Audited Statements
$778,556
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$778,556
Total Revenue per Form 990
$778,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$832,142
Salaries, Compensation, and Employee Benefits$286,380
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$323,803--$323,803
Other Salaries and Wages$169,233$45,643-$214,876
Occupancy$115,957--$115,957
Fees for Services Management-$57,234-$57,234
Insurance$44,610--$44,610
Other Employee Benefits$33,963$5,542-$39,505
All Other Expenses$25,403--$25,403
Fees for Services Accounting-$23,100-$23,100
Payroll Taxes$14,467$3,902-$18,369
Pension Plan Contributions$7,885$5,745-$13,630
Other Expenses$20,280$10,758-$10,758
Office Expenses-$9,771-$9,771
Fees for Services Legal-$610-$610
Total Functional Expenses$939,147$179,375$0$1,118,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,118,522
Total Expenses per Audited Statements$1,118,522
Total Expenses per Form 990$1,118,522
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Ahp Subsidy Payable$400,000
Due to Hud$39,815
Tenant Security Deposits Payable$23,902
Bank Overdraft$3,611
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The president, james j. Landy, is the father of board member, brendan r. Landy.”

Form 990, Part VI, Section A, Line 3

“The project entered into a contract with an independent management company which handles the operation of the building, all building related services, all tenant needs and services, as well as all legal, financial, and other matters.”

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

“The project distributes a draft copy of the irs form 990 to its board members to review; who then are provided an opportunity to make comments or inquiries. Appropriate responses are given to their satisfaction. The board approves the filing of the form at a meeting held prior to its due date.”

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

“Annual updates are requested in writing from board members and key people.”

Form 990, Part VI, Section B, Line 15

“The organization has the policy on an as needed basis.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available upon request on an as needed basis as determined by the board of directors.”

Filing and Contact Details

Filer

Filer Name
Sjmc Senior Housing Development
EIN
13-4103604
Phone
9149696159
Address
122 SOUTH BROADWAY, YONKERS, NY 10701

Signing Officer

Name
James J Landy
Title
President
Phone
9149696159
Signed
2020-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James J Landy
Formed
2000
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
0

Preparer

Firm
PRAGER METIS CPA'S LLC
Address
800 WESTCHESTER AVE SUITE N-400, RYE BROOK, NY 10573-1301
Preparer
Vincent Pancaldo
Phone
9146944600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.”

Raw XML AppendixShowing 400 of 471 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/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/PayrollTaxesGrp/TotalAmt018369
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05745
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07885
IRS990/PensionPlanContributionsGrp/TotalAmt013630
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020252
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025634
IRS990/PrincipalOfficerNm0JAMES J LANDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING ASSISTANCE PAY
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICES REVEN
IRS990/ProgramServiceRevenueGrp/Desc2GARAGE AND PARKING SPA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0493620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1274008
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0493620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1274008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0686
IRS990/PYOtherExpensesAmt0757738
IRS990/PYOtherRevenueAmt07640
IRS990/PYProgramServiceRevenueAmt0765679
IRS990/PYRevenuesLessExpensesAmt0-231632
IRS990/PYSalariesCompEmpBnftPaidAmt0247899
IRS990/PYTotalExpensesAmt01005637
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0774005
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-339966
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0771438
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0698
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0686
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0804
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0870
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0782
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0773500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0765679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0781908
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0666118
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0662692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03649897
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0686
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0804
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0870
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0782
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03840
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06420
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05017
IRS990ScheduleA/OtherIncome509Grp/TotalAmt029577
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99090
IRS990ScheduleA/PublicSupportPY509Pct00.99080
IRS990ScheduleA/PublicSupportTotal509Amt03649897
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0773500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0765679
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0781908
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0666118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0662692
IRS990ScheduleA/Total509Grp/TotalAmt03649897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0780618
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0774005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0787212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0672988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0668491
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03683314
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07831373
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04481027
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012312400
IRS990ScheduleD/EquipmentGrp/BookValueAmt019215
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024892
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044107
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01118522
IRS990ScheduleD/LandGrp/BookValueAmt0246030
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0246030
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0462370
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt123902
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt260065
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt321001
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PAINTING RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01811
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058635
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt239815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AHP SUBSIDY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BANK OVERDRAFT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0778556
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08098429
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0567338
IRS990ScheduleD/TotalExpensesPerForm990Amt01118522
IRS990ScheduleD/TotalLiabilityAmt0467328
IRS990ScheduleD/TotalRevenuePerForm990Amt0778556
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0778556
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01118522
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT, JAMES J. LANDY, IS THE FATHER OF BOARD MEMBER, BRENDAN R. LANDY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROJECT ENTERED INTO A CONTRACT WITH AN INDEPENDENT MANAGEMENT COMPANY WHICH HANDLES THE OPERATION OF THE BUILDING, ALL BUILDING RELATED SERVICES, ALL TENANT NEEDS AND SERVICES, AS WELL AS ALL LEGAL, FINANCIAL, AND OTHER MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROJECT DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL UPDATES ARE REQUESTED IN WRITING FROM BOARD MEMBERS AND KEY PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS THE POLICY ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09040681
IRS990/TotalAssetsEOYAmt08696561
IRS990/TotalAssetsGrp/BOYAmt09040681
IRS990/TotalAssetsGrp/EOYAmt08696561
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0179375
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0939147

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,696,561
Liabilities
$12,646,861
Net assets
-$3,950,300
Revenue
$778,556
Expenses
$1,118,522
Net income
-$339,966
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.22$12.2$4.96$1.12$1.27$0.15
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.40$12.2$4.81$1.02$1.34$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.70$12.2$4.49$0.99$1.19$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.90$12.2$4.28$1.32$1.21$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.20$12.6$4.39$0.88$1.08$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.42$12.6$4.19$0.83$1.07$0.24
2019Detailed filing. Detailed filing data is available for this year.$8.70$12.6$3.95$0.78$1.12$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.04$12.7$3.61$0.77$1.01$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.27$12.6$3.38$0.79$0.97$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.45$12.6$3.19$0.67$0.94$0.26
2015Detailed filing. Detailed filing data is available for this year.$9.71$12.6$2.93$0.67$1.02$0.35
2014Detailed filing. Detailed filing data is available for this year.$10.0$12.6$2.58$0.67$0.94$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$12.6$2.31$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$12.6$1.96$0.89
2011Summary only. Only limited summary data is available for this year.$10.8$12.6$1.75$0.68$0.84$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$12.6$1.58$0.98