Civic Intelligence

School Facility Development Inc.

990 • Fiscal year 2023 • EIN 20-0399601

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 18, 2024

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

(412) 478-3132

Siviq Scores

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

Liabilities / Assets

87th percentile

0.80x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

7.98x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

21st percentile

-2.6%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

181%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets87th percentile

Assets

Flat

$19,999,223

Flat from 2023

Net Assets

Flat

$3,973,911

Flat from 2023

Liabilities

Flat

$16,025,312

Flat from 2023

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin84th percentile

Revenue

Flat

$2,007,230

Flat from 2023

Expenses

Flat

$1,361,889

Flat from 2023

Net Income

Flat

$645,341

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth21st 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: $3,973,9112023Assets 2023: $19,999,223Liabilities 2023: $16,025,312Net Assets 2023: $3,973,9112023

Highlighted filing

2023

Assets$19,999,223
Liabilities$16,025,312
Net Assets$3,973,911
Open 2023 Filing

Operations Trend

Revenue Growth96th 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: $645,3412023Revenue 2023: $2,007,230Expenses 2023: $1,361,889Net Income 2023: $645,3412023

Highlighted filing

2023

Revenue$2,007,230
Expenses$1,361,889
Net Income$645,341
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 18, 2024
Return Version
2022v5.0
Gross Receipts
$2,007,230
Mission and Program Overview

Mission

Rental of school facilities to nonprofit charter schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,739,003$17,249,283▼ $489,720
Savings and Temporary Cash Investments$524,209$483,261▼ $40,948
Prepaid Expenses and Deferred Charges$3,708$5,737▲ $2,029
Total Assets$20,528,184$19,999,223▼ $528,961
Other Assets Total$2,261,264$2,260,942▼ $322
Liabilities
Tax Exempt Bond Liabilities$9,445,000$9,135,000▼ $310,000
Mortgage Notes Payable Secured by Investment Property$5,710,997$4,958,851▼ $752,146
Deferred Revenue$1,767,628$1,664,421▼ $103,207
Accounts Payable and Accrued Expenses$275,989$267,040▼ $8,949
Total Liabilities$17,199,614$16,025,312▼ $1,174,302
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,328,570$3,973,911▲ $645,341
Total Net Assets Fund Balance$3,328,570$3,973,911▲ $645,341
Total Liabilities and Net Assets / Fund Balance$20,528,184$19,999,223▼ $528,961

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,861,983$3,726,836$19,588,819
Land$1,387,300-$1,387,300
Other Assets Org$1,881,197--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Lacee EckerPresident
Janine FisherVice President
Justin BlashockVice President
Jose RaymundoSecretary
Rick SwartzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,967,571
Investment Income
$39,659
Other Revenue
$0
Change in Net Assets
$645,341

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,007,230
Total Revenue per Audited Statements
$2,007,230
Total Revenue per Form 990
$2,007,230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,354,389
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$794,643$0$0$794,643
Depreciation Depletion$515,177$0$0$515,177
Fees for Services Management$24,000$0$0$24,000
Fees for Services Legal$10,286$0$0$10,286
Grants to Domestic Orgs$7,500--$7,500
Fees for Services Accounting$7,275$0$0$7,275
Insurance$2,058$0$0$2,058
Travel$950$0$0$950
Total Functional Expenses$1,361,889$0$0$1,361,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,361,889
Total Expenses per Audited Statements$1,361,889
Total Expenses per Form 990$1,361,889
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Propel FoundationPittsburgh, PA501(c)(3)Support foundation programs$7,500
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-Sunris
BAllegheny Cnty PA-Indl Dev Auth2013-05-30$2,535,000Charter Sch. Rev. Bonds-Sunris

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,810,000--$358,722
B$2,535,000--$103,219
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
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
4124783132
Address
444 Liberty Ave Four Gateway Ctr, Pittsburgh, PA 15222

Signing Officer

Name
Larry A McKee
Title
CFO
Phone
4124783132
Signed
2024-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry A 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
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

“The Board requires each member to complete annually the conflicts of disclosure form. In addition each member is required to notify the President of the Board if they become aware of any information that requires discloure. The Board monitors the return of all forms and ensures all members are complying with the policy.”

Raw XML AppendixShowing 400 of 434 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/BOYAmt0275989
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0267040
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Rental of school facilities to nonprofit charter schools
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Larry McKee
IRS990/BooksInCareOfDetail/PhoneNum04124783132
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0444 Liberty Avenue Suite 2200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pittsburgh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015222
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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/CYGrantsAndSimilarPaidAmt07500
IRS990/CYInvestmentIncomeAmt039659
IRS990/CYOtherExpensesAmt01354389
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01967571
IRS990/CYRevenuesLessExpensesAmt0645341
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01361889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02007230
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01767628
IRS990/DeferredRevenueGrp/EOYAmt01664421
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0515177
IRS990/DepreciationDepletionGrp/TotalAmt0515177
IRS990/Desc0Rental of school facilities to nonprofit charter schools
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01361889
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07275
IRS990/FeesForServicesAccountingGrp/TotalAmt07275
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt010286
IRS990/FeesForServicesLegalGrp/TotalAmt010286
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt024000
IRS990/FeesForServicesManagementGrp/TotalAmt024000
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Lacee Ecker
IRS990/Form990PartVIISectionAGrp/PersonNm1Jose Raymundo
IRS990/Form990PartVIISectionAGrp/PersonNm2Rick Swartz
IRS990/Form990PartVIISectionAGrp/PersonNm3Justin Blashock
IRS990/Form990PartVIISectionAGrp/PersonNm4Janine Fisher
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt07500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02007230
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt02058
IRS990/InsuranceGrp/TotalAmt02058
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0794643
IRS990/InterestGrp/TotalAmt0794643
IRS990/InvestmentIncomeGrp/ExclusionAmt039659
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039659
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03726836
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017739003
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017249283
IRS990/LandBldgEquipCostOrOtherBssAmt020976119
IRS990/LegalDomicileStateCd0PA
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/BOYAmt05710997
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04958851
IRS990/NetAssetsOrFundBalancesBOYAmt03328570
IRS990/NetAssetsOrFundBalancesEOYAmt03973911
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03328570
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03973911
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02261264
IRS990/OtherAssetsTotalGrp/EOYAmt02260942
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03708
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05737
IRS990/PrincipalOfficerNm0Larry A McKee
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Rent of bldgs to non profit Charter Schools
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01967571
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02500
IRS990/PYInvestmentIncomeAmt0-1885420
IRS990/PYOtherExpensesAmt01895560
IRS990/PYProgramServiceRevenueAmt02599414
IRS990/PYRevenuesLessExpensesAmt0-1184066
IRS990/PYTotalExpensesAmt01898060
IRS990/PYTotalRevenueAmt0713994
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0645341
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01967571
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0524209
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0483261
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt039659
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt056041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt070593
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0200600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01967571
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02599414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03696852
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03869878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03234111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015367826
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt039659
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt056041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt070593
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0200600
IRS990ScheduleA/InvestmentIncomeCYPct00.01290
IRS990ScheduleA/InvestmentIncomePYPct00.01240
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.98710
IRS990ScheduleA/PublicSupportPY509Pct00.98760
IRS990ScheduleA/PublicSupportTotal509Amt015367826
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01967571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02599414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03696852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03869878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03234111
IRS990ScheduleA/Total509Grp/TotalAmt015367826
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015568426
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt015861983
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03726836
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019588819
IRS990ScheduleD/ExpensesSubtotalAmt01361889
IRS990ScheduleD/LandGrp/BookValueAmt01387300
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01387300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0323853
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt155892
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21881197
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Capitalized bond costs net of amortization
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Bond discount net of amortization
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Restricted cash & investments
IRS990ScheduleD/RevenueSubtotalAmt02007230
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017249283
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02260942
IRS990ScheduleD/TotalExpensesPerForm990Amt01361889
IRS990ScheduleD/TotalRevenuePerForm990Amt02007230
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02007230
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01361889
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support foundation programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Propel Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0201100962
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03447 East Carson St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Pittsburgh
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd015203
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc00
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization grant to the foundation was for its annual fundraising event that benefits the foundations supporting entities.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12013-05-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0251269117
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum001730CAK4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum101730CAJ7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt08810000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt12535000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Allegheny Cnty PA-Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1Allegheny Cnty PA-Indl Dev Auth
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Charter Sch. Rev. Bonds-Sunris
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1Charter Sch. Rev. Bonds-Sunris
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt07772261
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt12236400
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0679017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt1195381
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0358722
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1103219
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt08810000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt12535000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Upon request, the organization provides a copy to the entity requesting the information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board as a whole oversees the audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The form 990 is reviewed by the CFO and Board Treasurer of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board requires each member to complete annually the conflicts of disclosure form. In addition each member is required to notify the President of the Board if they become aware of any information that requires discloure. The Board monitors the return of all forms and ensures all members are complying with the policy.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt09445000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt09135000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt020528184
IRS990/TotalAssetsEOYAmt019999223
IRS990/TotalAssetsGrp/BOYAmt020528184
IRS990/TotalAssetsGrp/EOYAmt019999223
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01361889
IRS990/TotalFunctionalExpensesGrp/TotalAmt01361889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017199614
IRS990/TotalLiabilitiesEOYAmt016025312
IRS990/TotalLiabilitiesGrp/BOYAmt017199614
IRS990/TotalLiabilitiesGrp/EOYAmt016025312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03328570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03973911
IRS990/TotalProgramServiceExpensesAmt01361889
IRS990/TotalProgramServiceRevenueAmt01967571
IRS990/TotalRevenueGrp/ExclusionAmt039659
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01967571
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02007230
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020528184
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019999223
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt0950
IRS990/TravelGrp/TotalAmt0950
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0444 Liberty Avenue Suite 2200
IRS990/USAddress/CityNm0Pittsburgh
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015222
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,999,223
Liabilities
$16,025,312
Net assets
$3,973,911
Revenue
$2,007,230
Expenses
$1,361,889
Net income
$645,341
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$20.0$16.0$3.97$2.01$1.36$0.65
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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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