Civic Intelligence

Dual Immersion Academy Incorporated

990 • Fiscal year 2024 • EIN 20-4801184

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 17, 2025

Organization Profilewww.diacharter.org

View Organization Page

1155 South Glendale DriveSalt Lake City, UT 84104

(801) 972-1425

Siviq Scores

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

Liabilities / Assets

89th percentile

0.85x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.77x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

55th percentile

6.5%

Higher net margin than 55% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$102,395

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

5.6%

Faster revenue growth than 45% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$12,534,931

Up $1,626,966 (+15%) from 2023

Net Assets

Up

$1,850,064

Up $392,508 (+27%) from 2023

Liabilities

Up

$10,684,867

Up $1,234,458 (+13%) from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin55th percentile

Revenue

Up

$6,023,232

Up $318,105 (+5.6%) from 2023

Expenses

Down

$5,630,724

Down $235,989 (-4.0%) from 2023

Net Income

Up

$392,508

Up $554,094 (+343%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $7,074,145Liabilities 2011: $7,557,728Net Assets 2011: -$483,5832011Assets 2012: $7,031,847Liabilities 2012: $7,225,183Net Assets 2012: -$193,3362012Assets 2013: $7,142,676Liabilities 2013: $7,121,109Net Assets 2013: $21,5672013Assets 2015: $6,945,959Liabilities 2015: $6,614,043Net Assets 2015: $331,9162015Assets 2016: $7,097,728Liabilities 2016: $6,455,615Net Assets 2016: $642,1132016Assets 2017: $9,654,090Liabilities 2017: $8,633,147Net Assets 2017: $1,020,9432017Assets 2018: $9,762,059Liabilities 2018: $8,556,150Net Assets 2018: $1,205,9092018Assets 2019: $10,022,617Liabilities 2019: $8,507,804Net Assets 2019: $1,514,8132019Assets 2020: $9,996,024Liabilities 2020: $8,402,595Net Assets 2020: $1,593,4292020Assets 2021: $9,898,435Liabilities 2021: $8,480,895Net Assets 2021: $1,417,5402021Assets 2022: $10,000,430Liabilities 2022: $8,381,288Net Assets 2022: $1,619,1422022Assets 2023: $10,907,965Liabilities 2023: $9,450,409Net Assets 2023: $1,457,5562023Assets 2024: $12,534,931Liabilities 2024: $10,684,867Net Assets 2024: $1,850,0642024Assets 2025: $12,432,300Liabilities 2025: $10,571,631Net Assets 2025: $1,860,6692025

Highlighted filing

2024

Assets$12,534,931
Liabilities$10,684,867
Net Assets$1,850,064
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,053,048Expenses 2011: $2,833,429Net Income 2011: $219,6192011Revenue 2012: $2,978,464Expenses 2012: $2,686,717Net Income 2012: $291,7472012Revenue 2013: $3,071,202Expenses 2013: $2,856,299Net Income 2013: $214,9032013Revenue 2015: $3,339,975Expenses 2015: $3,075,619Net Income 2015: $264,3562015Revenue 2016: $3,559,162Expenses 2016: $3,248,965Net Income 2016: $310,1972016Revenue 2017: $3,859,259Expenses 2017: $3,480,429Net Income 2017: $378,8302017Revenue 2018: $4,056,132Expenses 2018: $3,871,166Net Income 2018: $184,9662018Revenue 2019: $4,442,172Expenses 2019: $4,133,268Net Income 2019: $308,9042019Revenue 2020: $4,652,360Expenses 2020: $4,573,744Net Income 2020: $78,6162020Revenue 2021: $4,812,744Expenses 2021: $4,761,963Net Income 2021: $50,7812021Revenue 2022: $5,258,175Expenses 2022: $5,056,573Net Income 2022: $201,6022022Revenue 2023: $5,705,127Expenses 2023: $5,866,713Net Income 2023: -$161,5862023Revenue 2024: $6,023,232Expenses 2024: $5,630,724Net Income 2024: $392,5082024Revenue 2025: $5,969,788Expenses 2025: $5,959,183Net Income 2025: $10,6052025

Highlighted filing

2024

Revenue$6,023,232
Expenses$5,630,724
Net Income$392,508
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 17, 2025
Return Version
2023v6.0
Gross Receipts
$6,023,232
Mission and Program Overview

Mission

To offer educational services in the form a public elementary charter school.

To offer educational services in the form of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,132,429$5,887,381▼ $245,048
Cash and Non-Interest-Bearing Accounts$1,127,637$2,135,841▲ $1,008,204
Savings and Temporary Cash Investments$907,419$2,007,745▲ $1,100,326
Investments in Publicly Traded Securities$1,590,479$1,540,583▼ $49,896
Pledges and Grants Receivable$875,741$615,223▼ $260,518
Prepaid Expenses and Deferred Charges$27,665$33,380▲ $5,715
Accounts Receivable$6,104$6,610▲ $506
Total Assets$10,907,965$12,534,931▲ $1,626,966
Other Assets Total$240,491$308,168▲ $67,677
Liabilities
Tax Exempt Bond Liabilities$8,715,000$8,605,000▼ $110,000
Deferred Revenue$118,653$1,324,391▲ $1,205,738
Accounts Payable and Accrued Expenses$601,111$688,860▲ $87,749
Mortgage Notes Payable Secured by Investment Property$15,645$66,616▲ $50,971
Total Liabilities$9,450,409$10,684,867▲ $1,234,458
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,449,555$1,842,063▲ $392,508
Net Assets With Donor Restrictions$8,001$8,001→ $0
Total Net Assets Fund Balance$1,457,556$1,850,064▲ $392,508
Total Liabilities and Net Assets / Fund Balance$10,907,965$12,534,931▲ $1,626,966

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,780,420$2,937,327$7,717,747
Land$1,074,348-$1,074,348
Equipment$32,613$428,624$461,237
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angela FanjulExecutive DirectorFT$92,409$9,986$102,395

Board Members and Trustees

NameTitle
Alice AkunyiliMember
Javier CamposMember
Mac NewboldMember
Mequette SorensonMember
Rich StowellMember
Tereza BagdasarovaMember
Teri SlaughMember
Victor JimenezMember
Revenue and Support

Revenue Composition

Contributions and Grants
$5,727,390
Program Service Revenue
$112,061
Investment Income
$175,078
Other Revenue
$8,703
All Other Contributions
$86,980
Change in Net Assets
$392,508

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,023,232
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,023,232
Total Revenue per Form 990
$6,023,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,410,769
Other Expenses$2,219,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,465,751$264,724-$2,730,475
Interest$425,496$65,660-$491,156
Other Employee Benefits$255,269$62,529-$317,798
Fees for Services Other$192,838$81,128-$273,966
Depreciation Depletion$235,719$13,457-$249,176
Payroll Taxes$210,691--$210,691
Occupancy$152,702$29,312-$182,014
Information Technology$110,191$37,001-$147,192
Current Officers, Directors, Trustees, and Key Employees$92,409--$92,409
Fees for Services Management$12,136$68,765-$80,901
Conferences and Meetings$69,836--$69,836
Pension Plan Contributions$59,396--$59,396
Other Expenses$51,569$105,624-$51,569
All Other Expenses$43,624--$43,624
Insurance$24,233--$24,233
Travel$22,983--$22,983
Fees for Services Accounting$2,970$16,830-$19,800
Fees for Services Legal$1,360$7,707-$9,067
Office Expenses$6,428--$6,428
Advertising$3,099--$3,099
Total Functional Expenses$4,877,987$752,737$0$5,630,724

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,630,724
Total Expenses per Audited Statements$5,630,724
Total Expenses per Form 990$5,630,724
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
AUtah Charter School Finance Authority2022-08-25$8,550,000To refund bonds and additional construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,550,000--$171,000

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Certain financial and administrative duties are delegated to Red Apple Financial.”

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

“Outside management company and board finance committee review prior to filing.”

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

“Conflicts of interest are discussed in board meetings, when applicable.”

Form 990, Part VI, Section B, line 15

“The board reviews and approves Executive Director's compensation annually. The board reviews and approves compensation of all employees annually.”

Form 990, Part VI, Section C, line 19

“Such documents are available upon request just as Forms 990.”

Filing and Contact Details

Filer

Filer Name
Dual Immersion Academy
EIN
20-4801184
Phone
8019721425
Address
1155 South Glendale Drive, Salt Lake City, UT 84104

Signing Officer

Name
Angela Fanjul
Title
Executive Director
Phone
8019721425
Signed
2025-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Fanjul
Formed
2006
Legal Domicile
Ut
Voting Board Members
8
Independent Board Members
8
Employees
91
Volunteers
20

Preparer

Firm
Squire & Company PC
Address
1329 S 800 E, Orem, UT 84097
Preparer
M Paul Winward
Phone
8012256900
Raw XML AppendixShowing 400 of 485 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.

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IRS990/OccupancyGrp/TotalAmt0182014
IRS990/OfficeExpensesGrp/ProgramServicesAmt06428
IRS990/OfficeExpensesGrp/TotalAmt06428
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0240491
IRS990/OtherAssetsTotalGrp/EOYAmt0308168
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt062529
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0255269
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0317798
IRS990/OtherExpensesGrp/Desc0Food
IRS990/OtherExpensesGrp/Desc1Supplies and materials
IRS990/OtherExpensesGrp/Desc2Repairs and maintenance
IRS990/OtherExpensesGrp/Desc3Dues and fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0105624
IRS990/OtherExpensesGrp/ProgramServicesAmt0251896
IRS990/OtherExpensesGrp/ProgramServicesAmt192021
IRS990/OtherExpensesGrp/ProgramServicesAmt295370
IRS990/OtherExpensesGrp/ProgramServicesAmt351569
IRS990/OtherExpensesGrp/TotalAmt0251896
IRS990/OtherExpensesGrp/TotalAmt1197645
IRS990/OtherExpensesGrp/TotalAmt295370
IRS990/OtherExpensesGrp/TotalAmt351569
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08703
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08703
IRS990/OtherRevenueTotalAmt08703
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0264724
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02465751
IRS990/OtherSalariesAndWagesGrp/TotalAmt02730475
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0210691
IRS990/PayrollTaxesGrp/TotalAmt0210691
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt059396
IRS990/PensionPlanContributionsGrp/TotalAmt059396
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0875741
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0615223
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027665
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033380
IRS990/PrincipalOfficerNm0Angela Fanjul
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0Fees
IRS990/ProgramServiceRevenueGrp/Desc1Food sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108140
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13921
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13921
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide a preschool and after school day care
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0214532
IRS990/ProgSrvcAccomActy3Grp/Desc0Operation of a food service program for students and faculty.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0599217
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03921
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05489624
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt080890
IRS990/PYOtherExpensesAmt02627629
IRS990/PYOtherRevenueAmt022331
IRS990/PYProgramServiceRevenueAmt0112282
IRS990/PYRevenuesLessExpensesAmt0-161586
IRS990/PYSalariesCompEmpBnftPaidAmt03239084
IRS990/PYTotalExpensesAmt05866713
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05705127
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0392508
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0108140
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0907419
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02007745
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04780420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02937327
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07717747
IRS990ScheduleD/EquipmentGrp/BookValueAmt032613
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0428624
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0461237
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05630724
IRS990ScheduleD/LandGrp/BookValueAmt01074348
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01074348
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06023232
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05887381
IRS990ScheduleD/TotalExpensesPerForm990Amt05630724
IRS990ScheduleD/TotalRevenuePerForm990Amt06023232
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06023232
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05630724
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd00
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0This organization is excused from formal compliance with Rev. Proc. 75-50 as long as the school's charter with the State of Utah remains in effect.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The organization receives state and federal grants to operate.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0Issuer Name: Utah Charter School Finance Authority Date the Rebate Computation was Performed: 12/05/2023
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Date Rebate Computation Performed
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02022-08-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TT29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt08550000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Utah Charter School Finance Authority
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0To refund bonds and additional construction
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt0550531
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0600994
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0171000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt07227475
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02022
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt08550000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Certain financial and administrative duties are delegated to Red Apple Financial.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Outside management company and board finance committee review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflicts of interest are discussed in board meetings, when applicable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board reviews and approves Executive Director's compensation annually. The board reviews and approves compensation of all employees annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Such documents are available upon request just as Forms 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,534,931
Liabilities
$10,684,867
Net assets
$1,850,064
Revenue
$6,023,232
Expenses
$5,630,724
Net income
$392,508
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$10.6$1.86$5.97$5.96$0.01
2024Detailed filing. Detailed filing data is available for this year.$12.5$10.7$1.85$6.02$5.63$0.39
2023Summary only. Only limited summary data is available for this year.$10.9$9.45$1.46$5.71$5.87$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.0$8.38$1.62$5.26$5.06$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.90$8.48$1.42$4.81$4.76$0.05
2020Summary only. Only limited summary data is available for this year.$10.00$8.40$1.59$4.65$4.57$0.08
2019Summary only. Only limited summary data is available for this year.$10.0$8.51$1.51$4.44$4.13$0.31
2018Summary only. Only limited summary data is available for this year.$9.76$8.56$1.21$4.06$3.87$0.18
2017Summary only. Only limited summary data is available for this year.$9.65$8.63$1.02$3.86$3.48$0.38
2016Summary only. Only limited summary data is available for this year.$7.10$6.46$0.64$3.56$3.25$0.31
2015Summary only. Only limited summary data is available for this year.$6.95$6.61$0.33$3.34$3.08$0.26
2013Summary only. Only limited summary data is available for this year.$7.14$7.12$0.02$3.07$2.86$0.21
2012Summary only. Only limited summary data is available for this year.$7.03$7.23$0.19$2.98$2.69$0.29
2011Summary only. Only limited summary data is available for this year.$7.07$7.56$0.48$3.05$2.83$0.22