Civic Intelligence

Alkasw Inc Co the Buffalo Fine Arts Academy

990 • Fiscal year 2016 • EIN 20-2749189

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 02, 2016

Organization ProfileN/A
1285 Elmwood AvenueBuffalo, NY 14222

(716) 882-8700

Siviq Scores

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

Liabilities / Assets

97th percentile

1.37x

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

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

18.31x

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

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-50%

Higher net margin than 9% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.0%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$1,324,740

Up $244,466 (+23%) from 2015

Net Assets

Down

-$487,665

Down $49,834 (-11%) from 2015

Liabilities

Up

$1,812,405

Up $294,300 (+19%) from 2015

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin9th percentile

Revenue

Flat

$99,000

Flat from 2015

Expenses

Up

$148,834

Up $14,498 (+11%) from 2015

Net Income

Down

-$49,834

Down $14,498 (-41%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2011: $1,185,276Liabilities 2011: $1,439,980Net Assets 2011: -$254,7042011Assets 2012: $1,150,143Liabilities 2012: $1,446,265Net Assets 2012: -$296,1222012Assets 2013: $1,138,475Liabilities 2013: $1,478,140Net Assets 2013: -$339,6652013Assets 2014: $1,089,697Liabilities 2014: $1,492,191Net Assets 2014: -$402,4942014Assets 2015: $1,080,274Liabilities 2015: $1,518,105Net Assets 2015: -$437,8312015Assets 2016: $1,324,740Liabilities 2016: $1,812,405Net Assets 2016: -$487,6652016Assets 2017: $7,189,353Liabilities 2017: $7,875,381Net Assets 2017: -$686,0282017Assets 2018: $8,467,067Liabilities 2018: $9,513,676Net Assets 2018: -$1,046,6092018Assets 2019: $8,491,362Liabilities 2019: $10,212,557Net Assets 2019: -$1,721,1952019Assets 2020: $8,457,520Liabilities 2020: $10,649,944Net Assets 2020: -$2,192,4242020Assets 2021: $8,173,290Liabilities 2021: $10,949,575Net Assets 2021: -$2,776,2852021Assets 2022: $7,888,073Liabilities 2022: $11,357,788Net Assets 2022: -$3,469,7152022Assets 2023: $7,755,012Liabilities 2023: $11,863,622Net Assets 2023: -$4,108,6102023Assets 2024: $7,540,933Liabilities 2024: $12,412,613Net Assets 2024: -$4,871,6802024Assets 2025: $7,416,391Liabilities 2025: $13,035,583Net Assets 2025: -$5,619,1922025

Highlighted filing

2016

Assets$1,324,740
Liabilities$1,812,405
Net Assets-$487,665
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $137,3312011Revenue 2012: $99,000Expenses 2012: $140,418Net Income 2012: -$41,4182012Expenses 2013: $142,5432013Revenue 2014: $99,000Expenses 2014: $161,829Net Income 2014: -$62,8292014Revenue 2015: $99,000Expenses 2015: $134,336Net Income 2015: -$35,3362015Revenue 2016: $99,000Expenses 2016: $148,834Net Income 2016: -$49,8342016Revenue 2017: $99,000Expenses 2017: $297,363Net Income 2017: -$198,3632017Revenue 2018: $182,541Expenses 2018: $543,122Net Income 2018: -$360,5812018Revenue 2019: $125,000Expenses 2019: $799,586Net Income 2019: -$674,5862019Revenue 2020: $180,000Expenses 2020: $651,229Net Income 2020: -$471,2292020Revenue 2021: $180,000Expenses 2021: $763,861Net Income 2021: -$583,8612021Revenue 2022: $180,000Expenses 2022: $873,430Net Income 2022: -$693,4302022Revenue 2023: $279,375Expenses 2023: $918,270Net Income 2023: -$638,8952023Revenue 2024: $270,000Expenses 2024: $1,033,070Net Income 2024: -$763,0702024Revenue 2025: $270,000Expenses 2025: $1,017,512Net Income 2025: -$747,5122025

Highlighted filing

2016

Revenue$99,000
Expenses$148,834
Net Income-$49,834
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$99,000
Mission and Program Overview

Mission

The exclusive purposes for which this corporation is formed are to: (a) hold title to certain property in buffalo, new york; (b) collect income from this property; and (c) remit the net income to its sole member, the buffalo fine arts academy (bfaa), a tax-exempt organization under section 501(c)(3) of the internal revenue code.

Title holding company in support of its sole member, the buffalo fine arts academy (bfaa), a tax-exempt organization under section 501(c)(3) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,080,063$1,297,022▲ $216,959
Cash and Non-Interest-Bearing Accounts$211$27,718▲ $27,507
Total Assets$1,080,274$1,324,740▲ $244,466
Liabilities
Other Liabilities$615,822$1,233,832▲ $618,010
Mortgage Notes Payable Secured by Investment Property$900,695$503,040▼ $397,655
Accounts Payable and Accrued Expenses$1,588$75,533▲ $73,945
Total Liabilities$1,518,105$1,812,405▲ $294,300
Net Assets / Fund Balance
Unrestricted Net Assets$-437,831$-487,665▼ $49,834
Total Net Assets Fund Balance$-437,831$-487,665▼ $49,834
Total Liabilities and Net Assets / Fund Balance$1,080,274$1,324,740▲ $244,466

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$911,157$232,530$1,143,687
Other Land Buildings$277,878-$277,878
Equipment$22,280$109,624$131,904
Land$85,707-$85,707
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Catherine FoleyDirector
John SandersonDirector
Thomas HydeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-49,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,834
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---$60,610
Depreciation Depletion---$33,910
Occupancy---$16,950
Fees for Services Other---$4,757
Other Expenses---$2,061
All Other Expenses---$2,036
Fees for Services Accounting---$1,800
Total Functional Expenses$0$0$0$148,834
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Buffalo Fine Arts Academy$1,233,832
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Alkasw, inc. Has a board of directors consisting of three members.”

Form 990, Part VI, Section A, Line 7B

“At the annual meeting of the organization's members, certain agenda topics are voted on to approve the actions of the board of directors.”

Form 990, Part VI, Section B, Line 11

“Each board member has the opportunity to review a draft of the irs form 990 prior to it being filed. Any comments or questions regarding the form are directed to and answered by the cfo. Thereafter, the board of bfaa approves the 990, it is signed by the cfo, and filed.”

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

“The governance committee of the board of directors of bfaa, annually at the beginning of each program year in october, distributes a conflict of interest policy and a board member commitment form. The deputy director's office tracks the distribution and return of these documents, reviews each form, notes any conflict for the governance committee's review, and keeps the original signed copies in a notebook in its office. The governance committee of the bfaa reviews all conflicts and takes appropriate action consistent with the conflicts of interest policy.”

Form 990, Part VI, Section C, Line 19

“The bylaws, conflict of interest policy and audited financial statements are maintained in the deputy director's office and are made available upon request during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Alkasw Inc
EIN
20-2749189
Phone
7168828700
Address
1285 ELMWOOD AVENUE, BUFFALO, NY 14222

Signing Officer

Name
Melissa Arena
Title
CFO
Phone
7168828700
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Arena
Formed
2005
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Chiampou Travis Besaw & Kershner Llp
Address
45 BRYANT WOODS NORTH, AMHERST, NY 14228
Preparer
David a Urban
Phone
7166302400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Raw XML Appendix323 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/BOYAmt01588
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt075533
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TITLE HOLDING COMPANY IN SUPPORT OF ITS SOLE MEMBER, THE BUFFALO FINE ARTS ACADEMY (BFAA), A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990/AllOtherExpensesGrp/TotalAmt02036
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELISSA ARENA
IRS990/BooksInCareOfDetail/PhoneNum07168828700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01285 ELMWOOD AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014222
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
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IRS990/DecisionsSubjectToApprovaInd01
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt033910
IRS990/Desc0COLLECTION OF RENTAL INCOME IN ORDER TO MAINTAIN WESTERN NEW YORK'S MOST PROMINENT MODERN AND CONTEMPORARY ART GALLERY, MUSEUM, CULTURAL AND EDUCATIONAL CENTER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
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IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt01800
IRS990/FeesForServicesOtherGrp/TotalAmt04757
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.50
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS HYDE
IRS990/Form990PartVIISectionAGrp/PersonNm1CATHERINE FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN SANDERSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt099000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/TotalAmt060610
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0342154
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01080063
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01297022
IRS990/LandBldgEquipCostOrOtherBssAmt01639176
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE EXCLUSIVE PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE TO: (A) HOLD TITLE TO CERTAIN PROPERTY IN BUFFALO, NEW YORK; (B) COLLECT INCOME FROM THIS PROPERTY; AND (C) REMIT THE NET INCOME TO ITS SOLE MEMBER, THE BUFFALO FINE ARTS ACADEMY (BFAA), A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0900695
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0503040
IRS990/NetAssetsOrFundBalancesBOYAmt0-437831
IRS990/NetAssetsOrFundBalancesEOYAmt0-487665
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt016950
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ART PREP SALARIES
IRS990/OtherExpensesGrp/Desc1TRANSPORTATION OF ART
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3HONORARIUM
IRS990/OtherExpensesGrp/TotalAmt016056
IRS990/OtherExpensesGrp/TotalAmt15477
IRS990/OtherExpensesGrp/TotalAmt25177
IRS990/OtherExpensesGrp/TotalAmt32061
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MELISSA ARENA
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYInvestmentIncomeAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt099000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0911157
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01143687
IRS990ScheduleD/EquipmentGrp/BookValueAmt022280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109624
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0131904
IRS990ScheduleD/LandGrp/BookValueAmt085707
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt085707
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01233832
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01297022
IRS990ScheduleD/TotalLiabilityAmt01233832
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALKASW, INC. HAS A BOARD OF DIRECTORS CONSISTING OF THREE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING OF THE ORGANIZATION'S MEMBERS, CERTAIN AGENDA TOPICS ARE VOTED ON TO APPROVE THE ACTIONS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER HAS THE OPPORTUNITY TO REVIEW A DRAFT OF THE IRS FORM 990 PRIOR TO IT BEING FILED. ANY COMMENTS OR QUESTIONS REGARDING THE FORM ARE DIRECTED TO AND ANSWERED BY THE CFO. THEREAFTER, THE BOARD OF BFAA APPROVES THE 990, IT IS SIGNED BY THE CFO, AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF BFAA, ANNUALLY AT THE BEGINNING OF EACH PROGRAM YEAR IN OCTOBER, DISTRIBUTES A CONFLICT OF INTEREST POLICY AND A BOARD MEMBER COMMITMENT FORM. THE DEPUTY DIRECTOR'S OFFICE TRACKS THE DISTRIBUTION AND RETURN OF THESE DOCUMENTS, REVIEWS EACH FORM, NOTES ANY CONFLICT FOR THE GOVERNANCE COMMITTEE'S REVIEW, AND KEEPS THE ORIGINAL SIGNED COPIES IN A NOTEBOOK IN ITS OFFICE. THE GOVERNANCE COMMITTEE OF THE BFAA REVIEWS ALL CONFLICTS AND TAKES APPROPRIATE ACTION CONSISTENT WITH THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BYLAWS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE MAINTAINED IN THE DEPUTY DIRECTOR'S OFFICE AND ARE MADE AVAILABLE UPON REQUEST DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BUFFALO FINE ARTS ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0166001555
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EXHIBITION OF VARIOUS ARTISTS' WORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01285 ELMWOOD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014222
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01233832
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt199000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BUFFALO FINE ARTS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BUFFALO FINE ARTS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01080274
IRS990/TotalAssetsEOYAmt01324740
IRS990/TotalAssetsGrp/BOYAmt01080274
IRS990/TotalAssetsGrp/EOYAmt01324740
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148834
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01518105
IRS990/TotalLiabilitiesEOYAmt01812405
IRS990/TotalLiabilitiesGrp/BOYAmt01518105
IRS990/TotalLiabilitiesGrp/EOYAmt01812405
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-437831
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-487665
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt099000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01080274
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01324740
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-437831
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-487665
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01285 ELMWOOD AVENUE
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014222
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA ARENA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07168828700
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALKASW INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O THE BUFFALO FINE ARTS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0ALKA
ReturnHeader/Filer/EIN0202749189
ReturnHeader/Filer/PhoneNum07168828700
ReturnHeader/Filer/USAddress/AddressLine1Txt01285 ELMWOOD AVENUE
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014222
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161468002
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHIAMPOU TRAVIS BESAW & KERSHNER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045 BRYANT WOODS NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMHERST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014228
ReturnHeader/PreparerPersonGrp/PhoneNum07166302400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A URBAN
ReturnHeader/ReturnTs02016-11-07T11:46:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,324,740
Liabilities
$1,812,405
Net assets
-$487,665
Revenue
$99,000
Expenses
$148,834
Net income
-$49,834
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$13.0$5.62$0.27$1.02$0.75
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$12.4$4.87$0.27$1.03$0.76
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$11.9$4.11$0.28$0.92$0.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.89$11.4$3.47$0.18$0.87$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.17$10.9$2.78$0.18$0.76$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.46$10.6$2.19$0.18$0.65$0.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.49$10.2$1.72$0.13$0.80$0.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.47$9.51$1.05$0.18$0.54$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$7.88$0.69$0.10$0.30$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.32$1.81$0.49$0.10$0.15$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.08$1.52$0.44$0.10$0.13$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.09$1.49$0.40$0.10$0.16$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.48$0.34$0.14
2012Summary only. Only limited summary data is available for this year.$1.15$1.45$0.30$0.10$0.14$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$1.44$0.25$0.14