Civic Intelligence

Magellan Education Foundation Inc.

990 • Fiscal year 2017 • EIN 20-3971056

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 31, 2018

Organization ProfileN/A
9324 Baileywick RoadRaleigh, NC 27615

(919) 844-0277

Siviq Scores

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

Liabilities / Assets

71st percentile

0.61x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

7.98x

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

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Net Margin

89th percentile

35%

Higher net margin than 89% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$104,462

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Asset Growth

23rd percentile

-1.7%

Faster asset growth than 23% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-13%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$6,029,731

Down $101,748 (-1.7%) from 2016

Net Assets

Up

$2,363,611

Up $158,973 (+7.2%) from 2016

Liabilities

Down

$3,666,120

Down $260,721 (-6.6%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin89th percentile

Revenue

Down

$459,287

Down $67,473 (-13%) from 2016

Expenses

Down

$300,314

Down $3,656 (-1.2%) from 2016

Net Income

Down

$158,973

Down $63,817 (-29%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,894,617Liabilities 2011: $5,161,441Net Assets 2011: $1,733,1762011Assets 2012: $6,932,253Liabilities 2012: $5,028,019Net Assets 2012: $1,904,2342012Assets 2013: $6,592,681Liabilities 2013: $4,633,631Net Assets 2013: $1,959,0502013Assets 2014: $6,347,928Liabilities 2014: $4,282,289Net Assets 2014: $2,065,6392014Assets 2015: $5,647,569Liabilities 2015: $3,665,721Net Assets 2015: $1,981,8482015Assets 2016: $6,131,479Liabilities 2016: $3,926,841Net Assets 2016: $2,204,6382016Assets 2017: $6,029,731Liabilities 2017: $3,666,120Net Assets 2017: $2,363,6112017Assets 2018: $5,927,860Liabilities 2018: $3,443,653Net Assets 2018: $2,484,2072018Assets 2019: $5,382,930Liabilities 2019: $2,698,082Net Assets 2019: $2,684,8482019Assets 2020: $7,248,961Liabilities 2020: $4,425,000Net Assets 2020: $2,823,9612020Assets 2021: $7,238,088Liabilities 2021: $4,311,252Net Assets 2021: $2,926,8362021Assets 2022: $7,107,279Liabilities 2022: $4,218,348Net Assets 2022: $2,888,9312022Assets 2023: $7,474,445Liabilities 2023: $4,551,422Net Assets 2023: $2,923,0232023Assets 2024: $7,470,061Liabilities 2024: $4,437,008Net Assets 2024: $3,033,0532024

Highlighted filing

2017

Assets$6,029,731
Liabilities$3,666,120
Net Assets$2,363,611
Open 2017 Filing

Operations Trend

Revenue Growth12th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $664,538Expenses 2011: $447,142Net Income 2011: $217,3962011Revenue 2012: $565,532Expenses 2012: $394,474Net Income 2012: $171,0582012Revenue 2013: $501,819Expenses 2013: $447,003Net Income 2013: $54,8162013Revenue 2014: $477,108Expenses 2014: $370,519Net Income 2014: $106,5892014Revenue 2015: $514,980Expenses 2015: $598,771Net Income 2015: -$83,7912015Revenue 2016: $526,760Expenses 2016: $303,970Net Income 2016: $222,7902016Revenue 2017: $459,287Expenses 2017: $300,314Net Income 2017: $158,9732017Revenue 2018: $408,857Expenses 2018: $288,261Net Income 2018: $120,5962018Revenue 2019: $460,738Expenses 2019: $260,097Net Income 2019: $200,6412019Revenue 2020: $465,564Expenses 2020: $326,451Net Income 2020: $139,1132020Revenue 2021: $429,134Expenses 2021: $326,259Net Income 2021: $102,8752021Revenue 2022: $323,820Expenses 2022: $361,725Net Income 2022: -$37,9052022Revenue 2023: $365,340Expenses 2023: $331,248Net Income 2023: $34,0922023Revenue 2024: $474,892Expenses 2024: $362,170Net Income 2024: $112,7222024

Highlighted filing

2017

Revenue$459,287
Expenses$300,314
Net Income$158,973
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 31, 2018
Return Version
2016v3.1
Gross Receipts
$459,287
Mission and Program Overview

Mission

To support and manage assets for the magellan charter school and other innovative educational programs associated with or supporting that school and its programs.

To suppport and manage assets for the magellan charter school and other innovative educational programs associated with or supporting that school or its programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,039,551$4,889,907▼ $149,644
Rtn Earn Endowment Incm Other Fnds$2,204,638$2,363,611▲ $158,973
Savings and Temporary Cash Investments$932,837$1,001,970▲ $69,133
Cash and Non-Interest-Bearing Accounts$158,290$137,369▼ $20,921
Accounts Receivable$801$485▼ $316
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$6,131,479$6,029,731▼ $101,748
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,870,305$3,656,164▼ $214,141
Deferred Revenue$46,000$0▼ $46,000
Accounts Payable and Accrued Expenses$10,536$9,956▼ $580
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,926,841$3,666,120▼ $260,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,204,638$2,363,611▲ $158,973
Total Liabilities and Net Assets / Fund Balance$6,131,479$6,029,731▼ $101,748

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,777,963$1,306,467$5,084,430
Land$910,575-$910,575
Other Land Buildings$155,161$85,073$240,234
Equipment$46,208$64,746$110,954
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleOtherTotal
Mary GriffinSecretary$104,462$104,462

Board Members and Trustees

NameTitle
Bruce BoucherBoard President
Jim DerricksonVice President
Chris AhnBoard Member
Mallory UnderwoodBoard Member
Mike KaelinBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$50,823
Program Service Revenue
$399,264
Investment Income
$9,200
Other Revenue
$0
All Other Contributions
$50,823
Change in Net Assets
$158,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,314
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
Depreciation Depletion$163,033--$163,033
Interest$133,324--$133,324
Other Expenses$911--$911
Total Functional Expenses$300,314$0$0$300,314
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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
Magellan Education Foundation Inc
EIN
20-3971056
In Care Of
% MS GINA RIGGINS
Address
9324 BAILEYWICK ROAD, RALEIGH, NC 27615

Signing Officer

Name
Mike Lotterhos
Title
Board Member
Phone
9198440277
Signed
2018-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Boucher
Formed
2005
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Wm James Black Jr
Phone
9197878212
Supplemental Narrative

Additional Explanations

Conflict of Interest Policy

“Board members complete an annual disclosure statement”

Review of 990 by Governing Body

“Copies of form 990 are made available for review to all members of the governing body via email.”

Information Available to the Public

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Restricted for Capital Replacement

“The board of directors of magellan education foundation has restricted $500,000 of the net asset balance for capital asset replacement.”

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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0BRUCE BOUCHER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BUILDING RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0399264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0399264
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt060572
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06788
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0303970
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0459400
IRS990/PYRevenuesLessExpensesAmt0222790
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0303970
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0526760
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0158973
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02204638
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02363611
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0932837
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01001970
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FOUR OF SIX BOARD MEMBERS ARE ALSO BOARD MEMBERS OF THE SUPPORTED ORGANIZATION AND ARE THE SUPPORTED ORGANIZATION'S CHAIR, VICE-CHAIR, TREASURER, AND HEAD ADMINISTRATOR. THE REMAINING TWO MEMBERSARE PAST CHAIRS OF THE BOARD OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV SECTION C LINE 1
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0562019202
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MAGELLAN CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03777963
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01306467
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05084430
IRS990ScheduleD/EquipmentGrp/BookValueAmt046208
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064746
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110954
IRS990ScheduleD/LandGrp/BookValueAmt0910575
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0910575
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0155161
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt085073
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0240234
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04889907
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF FORM 990 ARE MADE AVAILABLE FOR REVIEW TO ALL MEMBERS OF THE GOVERNING BODY VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS OF MAGELLAN EDUCATION FOUNDATION HAS RESTRICTED $500,000 OF THE NET ASSET BALANCE FOR CAPITAL ASSET REPLACEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1REVIEW OF 990 BY GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2INFORMATION AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3RESTRICTED FOR CAPITAL REPLACEMENT
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MAGELLAN CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0562019202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09324 BAILEYWICK ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RALEIGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027615
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0399264
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0RENT RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MAGELLAN CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06131479
IRS990/TotalAssetsEOYAmt06029731
IRS990/TotalAssetsGrp/BOYAmt06131479
IRS990/TotalAssetsGrp/EOYAmt06029731
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt050823
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$6,029,731
Liabilities
$3,666,120
Net assets
$2,363,611
Revenue
$459,287
Expenses
$300,314
Net income
$158,973
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.47$4.44$3.03$0.47$0.36$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.47$4.55$2.92$0.37$0.33$0.03
2022Detailed filing. Detailed filing data is available for this year.$7.11$4.22$2.89$0.32$0.36$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$4.31$2.93$0.43$0.33$0.10
2020Detailed filing. Detailed filing data is available for this year.$7.25$4.43$2.82$0.47$0.33$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.38$2.70$2.68$0.46$0.26$0.20
2018Detailed filing. Detailed filing data is available for this year.$5.93$3.44$2.48$0.41$0.29$0.12
2017Detailed filing. Detailed filing data is available for this year.$6.03$3.67$2.36$0.46$0.30$0.16
2016Summary only. Only limited summary data is available for this year.$6.13$3.93$2.20$0.53$0.30$0.22
2015Summary only. Only limited summary data is available for this year.$5.65$3.67$1.98$0.51$0.60$0.08
2014Summary only. Only limited summary data is available for this year.$6.35$4.28$2.07$0.48$0.37$0.11
2013Summary only. Only limited summary data is available for this year.$6.59$4.63$1.96$0.50$0.45$0.05
2012Summary only. Only limited summary data is available for this year.$6.93$5.03$1.90$0.57$0.39$0.17
2011Summary only. Only limited summary data is available for this year.$6.89$5.16$1.73$0.66$0.45$0.22