Civic Intelligence

School Facility Development Inc.

990 • Fiscal year 2017 • EIN 20-0399601

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 26, 2018

Organization ProfileN/A
444 Liberty Ave Four Gateway CtrPittsburgh, PA 15222

(412) 736-8578

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

10.41x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

28th percentile

-0.1%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-1.0%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$34,039,296

Down $31,817 (-0.1%) from 2016

Net Assets

Up

$2,588,296

Up $484,521 (+23%) from 2016

Liabilities

Down

$31,451,000

Down $516,338 (-1.6%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin75th percentile

Revenue

Down

$3,022,076

Down $32,062 (-1.0%) from 2016

Expenses

Up

$2,537,555

Up $4,859 (+0.2%) from 2016

Net Income

Down

$484,521

Down $36,921 (-7.1%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$40M$30M$20M$10M$0Assets 2011: $22,229,887Liabilities 2011: $21,561,717Net Assets 2011: $668,1702011Assets 2012: $21,783,419Liabilities 2012: $20,881,988Net Assets 2012: $901,4312012Assets 2013: $34,224,776Liabilities 2013: $33,079,621Net Assets 2013: $1,145,1552013Assets 2014: $33,985,056Liabilities 2014: $32,649,059Net Assets 2014: $1,335,9972014Assets 2015: $33,149,485Liabilities 2015: $31,551,536Net Assets 2015: $1,597,9492015Assets 2016: $34,071,113Liabilities 2016: $31,967,338Net Assets 2016: $2,103,7752016Assets 2017: $34,039,296Liabilities 2017: $31,451,000Net Assets 2017: $2,588,2962017Assets 2018: $36,266,459Liabilities 2018: $33,140,207Net Assets 2018: $3,126,2522018Assets 2019: $39,203,954Liabilities 2019: $35,424,237Net Assets 2019: $3,779,7172019Assets 2020: $36,935,354Liabilities 2020: $33,437,763Net Assets 2020: $3,497,5912020Assets 2021: $35,992,617Liabilities 2021: $31,479,981Net Assets 2021: $4,512,6362021Assets 2022: $20,528,184Liabilities 2022: $17,199,614Net Assets 2022: $3,328,5702022Assets 2023: $19,999,223Liabilities 2023: $16,025,312Net Assets 2023: $3,973,9112023

Highlighted filing

2017

Assets$34,039,296
Liabilities$31,451,000
Net Assets$2,588,296
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $2,058,269Expenses 2011: $1,903,763Net Income 2011: $154,5062011Revenue 2012: $2,135,878Expenses 2012: $1,906,972Net Income 2012: $228,9062012Revenue 2013: $2,240,509Expenses 2013: $1,959,626Net Income 2013: $280,8832013Revenue 2014: $3,188,658Expenses 2014: $2,963,123Net Income 2014: $225,5352014Revenue 2015: $3,200,576Expenses 2015: $2,897,858Net Income 2015: $302,7182015Revenue 2016: $3,054,138Expenses 2016: $2,532,696Net Income 2016: $521,4422016Revenue 2017: $3,022,076Expenses 2017: $2,537,555Net Income 2017: $484,5212017Revenue 2018: $3,057,605Expenses 2018: $2,519,649Net Income 2018: $537,9562018Revenue 2019: $3,304,704Expenses 2019: $2,651,239Net Income 2019: $653,4652019Revenue 2020: $2,557,672Expenses 2020: $2,839,798Net Income 2020: -$282,1262020Revenue 2021: $3,714,095Expenses 2021: $2,699,050Net Income 2021: $1,015,0452021Revenue 2022: $713,994Expenses 2022: $1,898,060Net Income 2022: -$1,184,0662022Revenue 2023: $2,007,230Expenses 2023: $1,361,889Net Income 2023: $645,3412023

Highlighted filing

2017

Revenue$3,022,076
Expenses$2,537,555
Net Income$484,521
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 26, 2018
Return Version
2016v3.0
Gross Receipts
$3,023,260
Mission and Program Overview

Mission

Rental of school facilities to nonprofit charter schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,076,805$28,901,203▼ $175,602
Savings and Temporary Cash Investments$284,635$546,312▲ $261,677
Accounts Receivable$3,813$7,779▲ $3,966
Prepaid Expenses and Deferred Charges$873$593▼ $280
Total Assets$34,071,113$34,039,296▼ $31,817
Other Assets Total$4,704,987$4,583,409▼ $121,578
Liabilities
Tax Exempt Bond Liabilities$23,850,000$23,320,000▼ $530,000
Deferred Revenue$4,280,246$4,782,078▲ $501,832
Mortgage Notes Payable Secured by Investment Property$2,837,175$2,704,814▼ $132,361
Accounts Payable and Accrued Expenses$999,917$644,108▼ $355,809
Total Liabilities$31,967,338$31,451,000▼ $516,338
Net Assets / Fund Balance
Unrestricted Net Assets$2,103,775$2,588,296▲ $484,521
Total Net Assets Fund Balance$2,103,775$2,588,296▲ $484,521
Total Liabilities and Net Assets / Fund Balance$34,071,113$34,039,296▼ $31,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,059,269$6,063,586$33,122,855
Land$1,841,934-$1,841,934
Other Assets Org$3,662,046--
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Bernie CarterPresident
Paul AnselmoVice President
Lacee EckerVice President- Entered February 2017
Pete LicastroVice President/Secretary
Gerri SperlingSecretary - Resigned Feb. 2017
John AxtellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,992,633
Investment Income
$25,656
Other Revenue
$3,787
Change in Net Assets
$484,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,022,076
Revenue Not Reported on Form 990
$1,184
Total Revenue per Audited Statements
$3,023,260
Total Revenue per Form 990
$3,022,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,537,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,566,718$0$0$1,566,718
Depreciation Depletion$879,755$0$0$879,755
Other Expenses$42,880$0$0$42,880
Fees for Services Legal$21,182$0$0$21,182
Fees for Services Accounting$13,195$0$0$13,195
Fees for Services Management$12,000$0$0$12,000
Insurance$1,453$0$0$1,453
All Other Expenses$372$0$0$372
Total Functional Expenses$2,537,555$0$0$2,537,555

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,538,739
Expenses per Audited Statements$2,537,555
Total Expenses per Form 990$2,537,555
Expenses Not Reported on Form 990$1,184
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
AAllegheny Cnty PA Indl Dev Auth2013-05-30$8,810,000Charter Sch. Rev Bonds-Sunrise
BAllegheny Cnty PA Indl Dev Auth2010-08-05$5,815,000Charter Sch. Rev Bonds-Montour
CAllegheny Cnty PA Indl Dev Auth2013-05-30$2,535,000Charter Sch. Rev Bonds-Sunrise
DAllegheny Cnty PA Indl Dev Auth2010-08-05$2,435,000Charter Sch. Rev Bonds-McKees
BAllegheny Cnty PA Indl Dev Auth2010-08-05$2,330,000Charter Sch. Rev Bonds-East
CAllegheny Cnty PA Indl Dev Auth2010-08-05$1,820,000Charter Sch. Rev Bonds-McKees
AAllegheny Cnty PA Indl Dev Auth2010-08-05$1,740,000Charter Sch. Rev Bonds-East

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,810,000$1,773,133-$358,722
B$5,815,000$2,372,296-$151,185
C$2,535,000--$103,219
D$2,435,000$2,269,182-$62,704
B$2,330,000--$60,818
C$1,820,000$1,694,583-$46,867
A$1,740,000--$45,417
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
School Facility Development Inc
EIN
20-0399601
Phone
4127368578
Address
444 Liberty Ave Four Gateway Ctr, Pittsburgh, PA 15222

Signing Officer

Name
Larry S Mckee
Title
CFO
Phone
4127368578
Signed
2018-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry S Mckee
Formed
2003
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Hosack Specht Muetzel & Wood
Address
2 Penn Center West Suite 326, Pittsburgh, PA 15276
Preparer
Peter J Vancheri CPA
Phone
4123439200
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

“Upon request, the organization provides a copy to the entity requesting the information.”

Pt XII, Line 2C

“The Board as a whole oversees the audit.”

Pt VI, Line 11B

“The form 990 is reviewed by the CFO and Board Treasurer of the organization.”

Pt VI, Line 12C

“All directors are required annually to complete a conflict of interest statement.”

Financial Statement Notes

Pt XI, Line 2D

“Rental expenses on real property offset against the rental income on 990”

Pt XII, Line 2D

“Rental expenses on real property offset against the rental income on 990”

Raw XML AppendixShowing 400 of 518 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0999917
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0644108
IRS990/AccountsReceivableGrp/BOYAmt03813
IRS990/AccountsReceivableGrp/EOYAmt07779
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Rental of school facilities to nonprofit charter schools
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0372
IRS990/AllOtherExpensesGrp/TotalAmt0372
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0LARRY MCKEE
IRS990/BooksInCareOfDetail/PhoneNum04127368578
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0444 Liberty Avenue Suite 2200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pittsburgh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015222
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt025656
IRS990/CYOtherExpensesAmt02537555
IRS990/CYOtherRevenueAmt03787
IRS990/CYProgramServiceRevenueAmt02992633
IRS990/CYRevenuesLessExpensesAmt0484521
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02537555
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03022076
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt04280246
IRS990/DeferredRevenueGrp/EOYAmt04782078
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0879755
IRS990/DepreciationDepletionGrp/TotalAmt0879755
IRS990/Desc0RENTAL OF SCHOOL FACILITIES TO NONPROFIT CHARTER SCHOOLS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02537555
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013195
IRS990/FeesForServicesAccountingGrp/TotalAmt013195
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt021182
IRS990/FeesForServicesLegalGrp/TotalAmt021182
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012000
IRS990/FeesForServicesManagementGrp/TotalAmt012000
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BERNIE CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN AXTELL
IRS990/Form990PartVIISectionAGrp/PersonNm2GERRI SPERLING
IRS990/Form990PartVIISectionAGrp/PersonNm3PETE LICASTRO
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL ANSELMO
IRS990/Form990PartVIISectionAGrp/PersonNm5LACEE ECKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary - Resigned Feb. 2017
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President- Entered February 2017
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03023260
IRS990/GrossRentsGrp/RealAmt04971
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01453
IRS990/InsuranceGrp/TotalAmt01453
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt01566718
IRS990/InterestGrp/TotalAmt01566718
IRS990/InvestmentIncomeGrp/ExclusionAmt025656
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025656
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06063586
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029076805
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028901203
IRS990/LandBldgEquipCostOrOtherBssAmt034964789
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt01184
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Rental of school facilities to nonprofit charter schools
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02837175
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02704814
IRS990/NetAssetsOrFundBalancesBOYAmt02103775
IRS990/NetAssetsOrFundBalancesEOYAmt02588296
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03787
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03787
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04704987
IRS990/OtherAssetsTotalGrp/EOYAmt04583409
IRS990/OtherExpensesGrp/Desc0Guarantee Fee
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt042880
IRS990/OtherExpensesGrp/TotalAmt042880
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0593
IRS990/PrincipalOfficerNm0LARRY S MCKEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Rent of bldgs to non profit Charter Schools
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02992633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt040417
IRS990/PYOtherExpensesAmt02532696
IRS990/PYOtherRevenueAmt023005
IRS990/PYProgramServiceRevenueAmt02990716
IRS990/PYRevenuesLessExpensesAmt0521442
IRS990/PYTotalExpensesAmt02532696
IRS990/PYTotalRevenueAmt03054138
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0484521
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03787
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02992633
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0284635
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0546312
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt029443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt063422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0121409
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0119550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052968
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0386792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02992633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02990716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03079167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03069108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02182919
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014314543
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt063422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0121409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0119550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052968
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0386792
IRS990ScheduleA/InvestmentIncomeCYPct00.02630
IRS990ScheduleA/InvestmentIncomePYPct00.02890
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97370
IRS990ScheduleA/PublicSupportPY509Pct00.97110
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt014314543
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02992633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02990716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03079167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03069108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02182919
IRS990ScheduleA/Total509Grp/TotalAmt014314543
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014701335
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt027059269
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06063586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt033122855
IRS990ScheduleD/ExpensesNotReportedAmt01184
IRS990ScheduleD/ExpensesSubtotalAmt02537555
IRS990ScheduleD/LandGrp/BookValueAmt01841934
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01841934
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0788441
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1132922
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23662046
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Capitalized bond costs net of amortization
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Bond discount net of amortization
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Restricted cash & investments
IRS990ScheduleD/OtherExpensesIncludedAmt01184
IRS990ScheduleD/OtherRevenueAmt01184
IRS990ScheduleD/RevenueNotReportedAmt01184
IRS990ScheduleD/RevenueSubtotalAmt03022076
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental expenses on real property offset against the rental income on 990
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses on real property offset against the rental income on 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028901203
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04583409
IRS990ScheduleD/TotalExpensesPerForm990Amt02537555
IRS990ScheduleD/TotalRevenuePerForm990Amt03022076
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03023260
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02538739
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12010-08-05
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt22010-08-05
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt32010-08-05
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt42010-08-05
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt52010-08-05
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt62013-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN2251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN3251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN4251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN5251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN6251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd4A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd5B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd6C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum001730CAK4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum101730CAD0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum201730CAE8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum301730CAF5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum401730CAG3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum501730CAH1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum601730CAJ7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd4false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd5false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd6false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt08810000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15815000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt21820000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt32435000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt41740000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt52330000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt62535000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt2Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt3Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt4Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt5Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt6Allegheny Cnty PA Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd2true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd3true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd4true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd5true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd6true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd4false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd5false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd6false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Charter Sch. Rev Bonds-Sunrise
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1Charter Sch. Rev Bonds-Montour
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc2Charter Sch. Rev Bonds-McKees
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc3Charter Sch. Rev Bonds-McKees
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc4Charter Sch. Rev Bonds-East
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc5Charter Sch. Rev Bonds-East
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc6Charter Sch. Rev Bonds-Sunrise
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd2true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd3true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd4true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd5true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd6true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd2false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd4false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd5false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd6false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd4A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd5B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd6C
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt07772261
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt15663815
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt22236400
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd2true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd3true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd4true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd5true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd6false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd2true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd3true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,039,296
Liabilities
$31,451,000
Net assets
$2,588,296
Revenue
$3,022,076
Expenses
$2,537,555
Net income
$484,521
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$20.0$16.0$3.97$2.01$1.36$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$17.2$3.33$0.71$1.90$1.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.0$31.5$4.51$3.71$2.70$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.9$33.4$3.50$2.56$2.84$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$35.4$3.78$3.30$2.65$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.3$33.1$3.13$3.06$2.52$0.54
2017Detailed filing. Detailed filing data is available for this year.$34.0$31.5$2.59$3.02$2.54$0.48
2016Detailed filing. Detailed filing data is available for this year.$34.1$32.0$2.10$3.05$2.53$0.52
2015Detailed filing. Detailed filing data is available for this year.$33.1$31.6$1.60$3.20$2.90$0.30
2014Detailed filing. Detailed filing data is available for this year.$34.0$32.6$1.34$3.19$2.96$0.23
2013Summary only. Only limited summary data is available for this year.$34.2$33.1$1.15$2.24$1.96$0.28
2012Summary only. Only limited summary data is available for this year.$21.8$20.9$0.90$2.14$1.91$0.23
2011Summary only. Only limited summary data is available for this year.$22.2$21.6$0.67$2.06$1.90$0.15