Civic Intelligence

Francis Marion University Development Foundation

990 • Fiscal year 2020 • EIN 20-0118161

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 22, 2021

Organization ProfileN/A
PO Box 100547Florence, SC 29502-0547

(843) 661-1131

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.71x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

2.96x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$183,262

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

22nd percentile

-0.7%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

1.5%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$26,120,149

Down $194,418 (-0.7%) from 2019

Net Assets

Up

$7,467,076

Up $1,074,981 (+17%) from 2019

Liabilities

Down

$18,653,073

Down $1,269,399 (-6.4%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin75th percentile

Revenue

Up

$6,292,316

Up $93,999 (+1.5%) from 2019

Expenses

Down

$5,217,335

Down $536,836 (-9.3%) from 2019

Net Income

Up

$1,074,981

Up $630,835 (+142%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$30M$20M$10M$0Assets 2012: $27,848,221Liabilities 2012: $25,096,337Net Assets 2012: $2,751,8842012Assets 2013: $28,461,810Liabilities 2013: $24,484,578Net Assets 2013: $3,977,2322013Assets 2014: $28,641,761Liabilities 2014: $23,842,698Net Assets 2014: $4,799,0632014Assets 2015: $28,702,504Liabilities 2015: $23,212,798Net Assets 2015: $5,489,7062015Assets 2016: $28,206,119Liabilities 2016: $22,550,460Net Assets 2016: $5,655,6592016Assets 2017: $25,591,221Liabilities 2017: $20,970,321Net Assets 2017: $4,620,9002017Assets 2018: $26,266,973Liabilities 2018: $20,166,560Net Assets 2018: $6,100,4132018Assets 2019: $26,314,567Liabilities 2019: $19,922,472Net Assets 2019: $6,392,0952019Assets 2020: $26,120,149Liabilities 2020: $18,653,073Net Assets 2020: $7,467,0762020Assets 2021: $27,042,578Liabilities 2021: $17,944,751Net Assets 2021: $9,097,8272021Assets 2022: $27,512,259Liabilities 2022: $16,959,251Net Assets 2022: $10,553,0082022Assets 2023: $27,620,215Liabilities 2023: $16,047,870Net Assets 2023: $11,572,3452023Assets 2024: $27,833,235Liabilities 2024: $15,081,267Net Assets 2024: $12,751,9682024Assets 2025: $27,097,598Liabilities 2025: $14,090,848Net Assets 2025: $13,006,7502025

Highlighted filing

2020

Assets$26,120,149
Liabilities$18,653,073
Net Assets$7,467,076
Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $6,217,531Expenses 2012: $7,243,151Net Income 2012: -$1,025,6202012Revenue 2013: $6,399,236Expenses 2013: $5,173,888Net Income 2013: $1,225,3482013Revenue 2014: $6,284,288Expenses 2014: $5,462,457Net Income 2014: $821,8312014Revenue 2015: $6,400,466Expenses 2015: $5,709,823Net Income 2015: $690,6432015Revenue 2016: $6,603,823Expenses 2016: $6,286,013Net Income 2016: $317,8102016Revenue 2017: $6,580,229Expenses 2017: $7,614,988Net Income 2017: -$1,034,7592017Revenue 2018: $6,832,862Expenses 2018: $5,353,349Net Income 2018: $1,479,5132018Revenue 2019: $6,198,317Expenses 2019: $5,754,171Net Income 2019: $444,1462019Revenue 2020: $6,292,316Expenses 2020: $5,217,335Net Income 2020: $1,074,9812020Revenue 2021: $6,587,347Expenses 2021: $4,956,596Net Income 2021: $1,630,7512021Revenue 2022: $6,663,284Expenses 2022: $5,208,103Net Income 2022: $1,455,1812022Revenue 2023: $6,730,208Expenses 2023: $5,710,871Net Income 2023: $1,019,3372023Revenue 2024: $7,096,786Expenses 2024: $5,917,163Net Income 2024: $1,179,6232024Revenue 2025: $7,752,335Expenses 2025: $7,497,554Net Income 2025: $254,7812025

Highlighted filing

2020

Revenue$6,292,316
Expenses$5,217,335
Net Income$1,074,981
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 22, 2021
Return Version
2019v5.2
Gross Receipts
$6,292,316
Mission and Program Overview

Mission

The foundation is organized and operated exclusively for the benefit of francis marion university, specifically in management of student housing, other real property, and acceptance of gifts and other support as agreed upon by the foundation's board of directors and the university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,995,853$12,808,261▼ $187,592
Savings and Temporary Cash Investments$7,291,003$7,521,750▲ $230,747
Cash and Non-Interest-Bearing Accounts$3,235,339$3,288,428▲ $53,089
Prepaid Expenses and Deferred Charges$2,597,069$2,415,886▼ $181,183
Accounts Receivable$195,303$85,824▼ $109,479
Total Assets$26,314,567$26,120,149▼ $194,418
Liabilities
Tax Exempt Bond Liabilities$19,052,258$18,273,409▼ $778,849
Accounts Payable and Accrued Expenses$753,130$353,789▼ $399,341
Deferred Revenue$117,084$25,875▼ $91,209
Total Liabilities$19,922,472$18,653,073▼ $1,269,399
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,392,095$7,467,076▲ $1,074,981
Total Net Assets Fund Balance$6,392,095$7,467,076▲ $1,074,981
Total Liabilities and Net Assets / Fund Balance$26,314,567$26,120,149▼ $194,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,299,734$6,103,719$18,403,453
Leasehold Improvements$377,193$195,122$572,315
Equipment$3,337$408,578$411,915
Other Land Buildings$127,997$7,418$135,415
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Erika CookExecutive DirectorPT$89,600$89,600

Board Members and Trustees

NameTitle
Floyd KeelsVice Chairman
James HarrellBoard Member
Cathy LeeSecretary
Darryl BridgesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fbi ConstructionConstructionPO BOX 4507, Florence, SC 29502$1,335,367
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,182,199
Investment Income
$110,117
Other Revenue
$0
Change in Net Assets
$1,074,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,282,399
Revenue Not Reported on Financial Statements
$9,917
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,282,399
Total Revenue per Form 990
$6,292,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,562,802
Grants and Similar Amounts Paid$654,533
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$3,014,683$30,451-$3,045,134
Interest$834,124$8,425-$842,549
Grants to Domestic Orgs$654,533--$654,533
Depreciation Depletion$475,144$4,799-$479,943
Insurance$113,111$1,143-$114,254
Fees for Services Other$44,165$446-$44,611
Fees for Services Accounting$25,591$259-$25,850
Fees for Service Investment Mgmnt Fees$9,818$99-$9,917
Office Expenses$539$5-$544
Total Functional Expenses$5,171,708$45,627$0$5,217,335

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,217,335
Expenses per Audited Statements$5,207,418
Total Expenses per Audited Statements$5,207,418
Expenses Not Reported on Financial Statements$9,917
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Francis Marion UniversityFlorence, SC170(b)(1)(a)University Support$370,370
Fmu Education FoundationFlorence, SC501(c)(3)University Support$284,163
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
BSc Jobs - Economic Development Bonds2014-11-12$13,404,505REFINANCE OF 2004A BOND
ASc Jobs - Economic Development Authority2006-12-29$10,249,182Construction of student housing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$13,404,505$13,145,753$2,889,505$258,752
A$10,249,182$786,558$2,209,182$204,296

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Francis marion university (fmu) darryl bridges - employee of fmu (vp) erika cook - employee of fmu”

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

“The full board of the foundation is provided a copy of the 990 prior to submission to the irs. When a meeting of the full board prior to submission is not feasible, the board is given the 990 and provided a two week comment period. Formal approval is documented by the chairman and the treasurer of the board. If a meeting isn't held prior to the submission to the irs, a full briefing is provided at the next meeting and approval of the entire board is obtained during that time.”

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

“The conflict of interest policy is reviewed each year through the review of the foundatoin's bylaws after which the board is required to have each member sign the foundation's annual statement form noting that each member has reviewed the bylaws, noted the conflict of interest policy, and understand the requirements set forth there in. No such violations of the conflict of interest policy has occurred to date. The executive director of the foundation continually monitors transactions to ensure the foundation's bylaws and controlds are adhered to.”

Form 990, Part VI, Section B, Line 15A

“The foundation only compensates the executive director of the foundation. Compensation is through a reimbursement agreement the foundation has with the university to compensate the executive director in an amount agreed to by the foundation's board based on time and compensation based on similar organization's noted policies.”

Form 990, Part VI, Section C, Line 18

“All documents (bylaws, conflict of interest policy, and financial documents are available upon request from the foundation.”

Form 990, Part VI, Section C, Line 19

“All documents (bylaws, conflict of interest policy, and financial documents are available upon request from the foundation.”

Filing and Contact Details

Filer

Filer Name
Francis Marion University
EIN
20-0118161
Phone
8436611131
Address
PO BOX 100547, FLORENCE, SC 29502-0547

Signing Officer

Name
Erika S Cook
Title
Executive Director
Phone
8436611131
Signed
2021-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika S Cook
Formed
2003
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Mauldin & Jenkins LLC
Address
508 HAMPTON STREET, COLUMBIA, SC 29201
Preparer
Tim Lyons CPA
Phone
8037995810
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The foundation didn't change its oversight process or selection process during the tax year.”

Financial Statement Notes

FORM 990, PART XII, LINE 2B:

“The financial statements do not contain a footnote regarding the organization's liablity for uncertain tax positions under fin 48.”

Raw XML AppendixShowing 400 of 593 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0753130
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0353789
IRS990/AccountsReceivableGrp/BOYAmt0195303
IRS990/AccountsReceivableGrp/EOYAmt085824
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF FRANCIS MARION UNIVERSITY, SPECIFICALLY IN MANAGEMENT OF STUDENT HOUSING, OTHER REAL PROPERTY, AND ACCEPTANCE OF GIFTS AND OTHER SUPPORT AS AGREED UPON BY THE FOUNDATION'S BOARD OF DIRECTORS AND THE UNIVERSITY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIKA S COOK
IRS990/BooksInCareOfDetail/PhoneNum08436611131
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04822 E PALMETTO STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLORENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029506
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03235339
IRS990/CashNonInterestBearingGrp/EOYAmt03288428
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01335367
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 4507
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FLORENCE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0SC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd029502
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FBI CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0654533
IRS990/CYInvestmentIncomeAmt0110117
IRS990/CYOtherExpensesAmt04562802
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06182199
IRS990/CYRevenuesLessExpensesAmt01074981
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05217335
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06292316
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0117084
IRS990/DeferredRevenueGrp/EOYAmt025875
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04799
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0475144
IRS990/DepreciationDepletionGrp/TotalAmt0479943
IRS990/Desc0THE FOUNDATION, AS PART OF ITS MISSION TO SUPPORT THE UNIVERSITY, IS REQUIRED TO OPERATE, MAINTAIN, AND LEASE HOUSING FACILITIES FOR STUDENTS AND FACULTY. THE PROGRAM SERVICE IS CARRIED OUT THROUGH THE FOUNDATION'S SINGLE MEMBER FMU STUDENT HOUSING, LLC. ALL REVENUE GENERATED BY THE LLC FROM HOUSING SERVICES ARE MANAGED AND HELD BY THE FOUNDATION. HOUSING SERVICES ARE PROVIDED PRIMARILY DURING THE FALL AND SPRING SEMESTERS WITH MINOR REVENUES BEING RECEIVED FOR SUMMER SEMESTERS, FEES AND FINES AND SUMMER CAMP HOUSING FOR FMU SUMMER PROGRAMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt04517175
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0259
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt025591
IRS990/FeesForServicesAccountingGrp/TotalAmt025850
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030451
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03014683
IRS990/FeesForServicesManagementGrp/TotalAmt03045134
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0446
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt044165
IRS990/FeesForServicesOtherGrp/TotalAmt044611
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt099
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt09818
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt09917
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt037.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt125.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt412.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt241950
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt425432
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES HARRELL
IRS990/Form990PartVIISectionAGrp/PersonNm1FLOYD KEELS
IRS990/Form990PartVIISectionAGrp/PersonNm2DARRYL BRIDGES
IRS990/Form990PartVIISectionAGrp/PersonNm3CATHY LEE
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIKA COOK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2141312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt464168
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0654533
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0654533
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06292316
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01143
IRS990/InsuranceGrp/ProgramServicesAmt0113111
IRS990/InsuranceGrp/TotalAmt0114254
IRS990/InterestGrp/ManagementAndGeneralAmt08425
IRS990/InterestGrp/ProgramServicesAmt0834124
IRS990/InterestGrp/TotalAmt0842549
IRS990/InvestmentIncomeGrp/ExclusionAmt0110117
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0110117
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06714837
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012995853
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012808261
IRS990/LandBldgEquipCostOrOtherBssAmt019523098
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF FRANCIS MARION UNIVERSITY, SPECIFICALLY IN MANAGEMENT OF STUDENT HOUSING, OTHER REAL PROPERTY, AND ACCEPTANCE OF GIFTS AND OTHER SUPPORT AS AGREED UPON BY THE FOUNDATION'S BOARD OF DIRECTORS AND THE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06392095
IRS990/NetAssetsOrFundBalancesEOYAmt07467076
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06392095
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07467076
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05
IRS990/OfficeExpensesGrp/ProgramServicesAmt0539
IRS990/OfficeExpensesGrp/TotalAmt0544
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02597069
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02415886
IRS990/PrincipalOfficerNm0ERIKA S COOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06182199
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06182199
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION IS A PROGRAM SUPPORTED AGENCY AND ACTS IN ACCORDANCE WITH ITS NONPROFIT STATUS TO PROVIDE SUPPORT TO FRANCIS MARION UNIVERSITY. ALL DONATIONS IN KIND OR IN CASH ARE REPORTED BY THE SUPPORTED ORGANIZATION AS GIFTS FROM THE DEVELOPMENT FOUNDATION. THE DEVELOPMENT FOUNDATION PROVIDES DONATIONS TO THE EDUCATION FOUNDATION, WHICH IS A RELATED PARTY TO FRANCIS MARION UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0654533
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0654533
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0947491
IRS990/PYInvestmentIncomeAmt0107653
IRS990/PYOtherExpensesAmt04806680
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06090664
IRS990/PYRevenuesLessExpensesAmt0444146
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05754171
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06198317
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01074981
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06182199
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07291003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07521750
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BUDGET IS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS AND SUBMITTED TO THE UNIVERSITY AS INFORMATION. THE UNIVERSITY HAS SIGNIFICANT INPUT AND EXERCISES SIGNIFICANT INFLUENCE WITH REGARD TO THE USE OF THE ORGANIZATIONS RESOURCES, AS PROVIDED IN THE BYLAWS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION IS OPERATED FOR THE BENEFIT OF FRANCIS MARION UNIVERSITY SPECIFICALLY TO ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, MAINTAIN, OPERATE, MANAGE AND LEASE HOUSING FACILITIES FOR STUDENTS AND FACULTY OF THE UNIVERSITY AND OTHER REAL PROPERTY (AND RELATED PERSONAL PROPERTY) FOR THE BENEFIT AND SUPPORT OF THE UNIVERSITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION WAS CREATED TO SUPPORT FRANCIS MARION UNIVERSITY THROUGH OPERATING, MANAGING AND LEASING HOUSING FACILITIES FOR STUDENTS AND FACULTY OF THE UNIVERSITY. THE FOUNDATION HAS CONTINUED ITS SUPPORT TO THE UNIVERSITY BY PERFORMING THE ACTIVITIES DESCRIBED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE HOUSING FACILITIES ARE NECESSARY AND INDISPENSABLE TO THE CONTINUING EXISTENCE AND OPERATION OF THE UNIVERSITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0ROLE OF SUPPORTED ORGANIZATIONS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1HOW SUPPORTED GOVERNMENT ENTITY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2EXPLANATION OF SUPPORTED ORGANIZATIONS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3EXPLANATION OF ORGANIZATION'S POSITION
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570522624
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0370370
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FRANCIS MARION UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0370370
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012299734
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06103719
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018403453
IRS990ScheduleD/EquipmentGrp/BookValueAmt03337
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0408578
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0411915
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt09917
IRS990ScheduleD/ExpensesSubtotalAmt05207418
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt09917
IRS990ScheduleD/InvestmentExpensesNotIncldAmt09917
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0377193
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0195122
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0572315
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0127997
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07418
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0135415
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt09917
IRS990ScheduleD/RevenueSubtotalAmt06282399
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING THE ORGANIZATION'S LIABLITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART XII, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012808261
IRS990ScheduleD/TotalExpensesPerForm990Amt05217335
IRS990ScheduleD/TotalRevenuePerForm990Amt06292316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06282399
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05207418
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0370370
IRS990ScheduleI/RecipientTable/CashGrantAmt1284163
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(B)(1)(A)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0UNIVERSITY SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1UNIVERSITY SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FRANCIS MARION UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FMU EDUCATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0570522624
IRS990ScheduleI/RecipientTable/RecipientEIN1237432174
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 100547
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 100547
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FLORENCE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FLORENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029502
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd129502
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DOES NOT AWARD GRANTS BUT PROVIDES OTHER ASSISTANCE IN THE FORM OF CONTRIBUTIONS AND NON-CASH CONTRIBUTIONS TO THE UNIVERSITY AND ITS EDUCATION FOUNDATION AS SUPPORT FOR THE UNIVERSTIY AS OUR 509(A)(3) STATUS REQUIRES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0141312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt041950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DARRYL BRIDGES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0183262
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd11
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02006-12-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12014-11-12
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum083704LAS7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1837031TL7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010249182
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt113404505
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1SC JOBS - ECONOMIC DEVELOPMENT BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION OF STUDENT HOUSING
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1REFINANCE OF 2004A BOND
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,120,149
Liabilities
$18,653,073
Net assets
$7,467,076
Revenue
$6,292,316
Expenses
$5,217,335
Net income
$1,074,981
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$27.1$14.1$13.0$7.75$7.50$0.25
2024Detailed filing. Detailed filing data is available for this year.$27.8$15.1$12.8$7.10$5.92$1.18
2023Detailed filing. Detailed filing data is available for this year.$27.6$16.0$11.6$6.73$5.71$1.02
2022Detailed filing. Detailed filing data is available for this year.$27.5$17.0$10.6$6.66$5.21$1.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$17.9$9.10$6.59$4.96$1.63
2020Detailed filing. Detailed filing data is available for this year.$26.1$18.7$7.47$6.29$5.22$1.07
2019Detailed filing. Detailed filing data is available for this year.$26.3$19.9$6.39$6.20$5.75$0.44
2018Detailed filing. Detailed filing data is available for this year.$26.3$20.2$6.10$6.83$5.35$1.48
2017Detailed filing. Detailed filing data is available for this year.$25.6$21.0$4.62$6.58$7.61$1.03
2016Detailed filing. Detailed filing data is available for this year.$28.2$22.6$5.66$6.60$6.29$0.32
2015Detailed filing. Detailed filing data is available for this year.$28.7$23.2$5.49$6.40$5.71$0.69
2014Summary only. Only limited summary data is available for this year.$28.6$23.8$4.80$6.28$5.46$0.82
2013Summary only. Only limited summary data is available for this year.$28.5$24.5$3.98$6.40$5.17$1.23
2012Summary only. Only limited summary data is available for this year.$27.8$25.1$2.75$6.22$7.24$1.03