Civic Intelligence

Community Facility Partners

990 • Fiscal year 2012 • EIN 20-5591574

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 13, 2013

Organization Profilewww.cf-partners.org
18336 Minnetonka Blvd Ste C55391
Siviq Scores

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

Liabilities / Assets

96th percentile

1.20x

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

2012 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

6th percentile

-9.9%

Faster asset growth than 6% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$54,929,662

Down $6,015,956 (-9.9%) from 2011

Net Assets

Down

-$10,812,176

Down $5,728,916 (-113%) from 2011

Liabilities

Down

$65,741,838

Down $287,040 (-0.4%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$10,235,556

Up $5,982,842 (+141%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$600M$400M$200M$0-$200MAssets 2010: $62,038,552Liabilities 2010: $66,935,204Net Assets 2010: -$4,896,6522010Assets 2011: $60,945,618Liabilities 2011: $66,028,878Net Assets 2011: -$5,083,2602011Assets 2012: $54,929,662Liabilities 2012: $65,741,838Net Assets 2012: -$10,812,1762012Assets 2013: $50,679,295Liabilities 2013: $65,473,511Net Assets 2013: -$14,794,2162013Assets 2014: $37,629,276Liabilities 2014: $37,980,8342014Assets 2015: $37,148,625Liabilities 2015: $37,611,8622015Assets 2017: $20,955,343Liabilities 2017: $21,415,872Net Assets 2017: -$460,5292017Assets 2018: $98,296,760Liabilities 2018: $99,063,201Net Assets 2018: -$766,4412018Assets 2019: $165,044,671Liabilities 2019: $166,334,012Net Assets 2019: -$1,289,3412019Assets 2020: $152,136,393Liabilities 2020: $154,472,630Net Assets 2020: -$2,336,2372020Assets 2021: $139,342,573Liabilities 2021: $141,612,697Net Assets 2021: -$2,270,1242021Assets 2022: $351,203,572Liabilities 2022: $347,930,546Net Assets 2022: $3,273,0262022Assets 2023: $368,597,990Liabilities 2023: $353,870,953Net Assets 2023: $14,727,0372023Assets 2024: $539,262,312Liabilities 2024: $523,302,666Net Assets 2024: $15,959,6462024

Highlighted filing

2012

Assets$54,929,662
Liabilities$65,741,838
Net Assets-$10,812,176
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0-$10MExpenses 2010: $5,720,8662010Expenses 2011: $4,252,7142011Expenses 2012: $10,235,5562012Revenue 2013: $3,444,261Expenses 2013: $7,426,301Net Income 2013: -$3,982,0402013Revenue 2014: $17,679,038Expenses 2014: $3,236,380Net Income 2014: $14,442,6582014Revenue 2015: $2,944,316Expenses 2015: $3,055,995Net Income 2015: -$111,6792015Revenue 2017: $1,908,248Expenses 2017: $2,081,042Net Income 2017: -$172,7942017Revenue 2018: $2,274,685Expenses 2018: $2,580,597Net Income 2018: -$305,9122018Revenue 2019: $1,988,203Expenses 2019: $2,511,103Net Income 2019: -$522,9002019Revenue 2020: $2,625,165Expenses 2020: $3,301,272Net Income 2020: -$676,1072020Revenue 2021: $6,847,373Expenses 2021: $6,763,946Net Income 2021: $83,4272021Revenue 2022: $14,030,197Expenses 2022: $8,487,047Net Income 2022: $5,543,1502022Revenue 2023: $27,467,539Expenses 2023: $16,075,275Net Income 2023: $11,392,2642023Revenue 2024: $26,900,090Expenses 2024: $25,893,186Net Income 2024: $1,006,9042024

Highlighted filing

2012

Revenue-
Expenses$10,235,556
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 13, 2013
Return Version
2012v2.1
Gross Receipts
$4,506,640
Filing and Contact Details

Filer

EIN
20-5591574
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IRS990/Description0Community Facility Partners (CFP) is a non-profit, tax-exempt organization created to partner with government and other tax-exempt groups to make the development, funding and operation of public and community facilities easier and more successful. The corporation is the sole member of CFP Vadnais Heights, LLC, CFP Michigan, LLC, CFP Michigan II, LLC, CFP Taylor Governmental Center LLC and CFP Carmel, Indiana Energy Center, LLC.Subject to the foregoing, the specific purposes of the corporation include, but are not limited to, the acquisition, construction, development, ownership (either by itself or as the single member of limited liability companies), improvement, operation, management, lease, sale, conveyance, mortgage, encumbrance, financing, and refinancing of multi-purpose sports facilities, educational facilities, administrative facilities, and community public facilities to be used by and for the benefit of governmental entities, schools and school districts, colleges and universities, and other organizations that qualify as tax-exempt organizations under Section 501(c)(3) of the code. The corporation is not organized for profit and shall not be operated for profit. CFP Vadnais Heights, LLC was formed for the purpose of constructing and owning a sports facility in Vadnais Heights, MN. The facility consists of two indoor sheets of ice and a domed field area of approximately 100,000 square feet to be used for various sports. The company has entered into a lease agreement with the City of Vadnais Heights for rental of the facility. The facility was placed in service in November, 2010.CFP Michigan, LLC owns governmental rental real estate in Bay City, Michigan consisting of approximately 4.8 acres of land and an office/administrative building consisting of approximately 25,000 square feet of leasable governmental office space. The company has entered into a lease agreement with the State of Michigan Department of Management and Budget for rental of the facility. CFP Michigan II, LLC owns governmental rental real estate in Detroit, Michigan consisting of approximately 3.15 acres of land, an office/administrative building consisting of approximately 38,239 square feet of leasable governmental office space, and additional parcels of land to provide parking. The company has entered into a lease agreement with the State of Michigan Department of Management and Budget for rental of the facility.CFP Carmel, Indiana Energy Center, LLC was formed for the purpose of acquiring and improving real estate and facilities in Carmel, Indiana and selling the real estate and facilities to the City of Carmel Redevelopment District under an installment purchase agreement. The facilities consist of the Energy Center, a central facility in the City of Carmel (City), and certain equipment, piping and tunnels at which heated and chilled water and other utilities are received, processed and distributed to and/or through certain municipal and community facilities within the city and to finance a portion of the costs of the city's performing arts center which will consist of several buildings including a 1600-seat palladium concert hall. CFP Taylor Governmental Center, LLC (Company) owns governmental rental real estate in Taylor, Michigan consisting of approximately 4.315 acres of land a a recently renovated and expanded office/administrative building consisting of approximately 31,959 square feet of leasable governmental office space. CFP Arizona, LLC was formed for the purpose of making distributions to organizations that so qualify and for the purpose of aiding governmental entities, and further including, but not limited to, the purpose of financing, refinancing, mortgaging, acquiring, constructing, equipping, leasing, and selling certain correctional, court, judicial, and related facilities, or other governmental facilities located in the State of Arizona, to be used by and for the benefit of governmental entities and the public. The limited liabi
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Corporation files consolidated federal and state income tax returns which includes the activities of its affiliate companies. The Corporation is organized as a Minnesota non-profit corporation and a tax-exempt charitable organization under section 501(c)(3) of the Internal Revenue Code. Therefore, these statements do not include any provision for corporate income taxes. In accordance with FASB ASC 740-10 (formerly Financial Interpretation No. 48, Accounting for Uncertainty in Income Taxes), the Corporation undergoes an annual analysis of its various tax positions, assessing the likelihood of those positions being upheld upon examination with relevant tax authorities, as defined by FASB ASC 740-10. At December 31, 2012 and 2011, the unrecognized tax benefit accrual was zero. Any interest or penalties assessed to the Corporation are recorded in operating expenses. For the year ended December 31, 2012 and 2011, there were no interest or penalties recorded in the accompanying financial statements. Federal and state returns are generally subject to examination by federal and state taxing authorities up to approximately three and one-half years after the filing date. All returns filed by the Corporation are still open for examination or audit.
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IRS990ScheduleK/Form990ScheduleKPartII/AmountInReserveFund4791500
IRS990ScheduleK/Form990ScheduleKPartII/AmountUnspent06410
IRS990ScheduleK/Form990ScheduleKPartII/AmountUnspent13690
IRS990ScheduleK/Form990ScheduleKPartII/BondReferenceCd0A
IRS990ScheduleK/Form990ScheduleKPartII/BondReferenceCd1B
IRS990ScheduleK/Form990ScheduleKPartII/BondReferenceCd2C
IRS990ScheduleK/Form990ScheduleKPartII/BondReferenceCd3D
IRS990ScheduleK/Form990ScheduleKPartII/BondReferenceCd4A
IRS990ScheduleK/Form990ScheduleKPartII/CapitalExpenditures05153759
IRS990ScheduleK/Form990ScheduleKPartII/CapitalExpenditures17675913
IRS990ScheduleK/Form990ScheduleKPartII/CapitalExpenditures221398742
IRS990ScheduleK/Form990ScheduleKPartII/CapitalExpenditures314152044
IRS990ScheduleK/Form990ScheduleKPartII/CapitalExpenditures45391937
IRS990ScheduleK/Form990ScheduleKPartII/CapitalizedInterest0833152
IRS990ScheduleK/Form990ScheduleKPartII/CurrentRefunding00
IRS990ScheduleK/Form990ScheduleKPartII/CurrentRefunding10
IRS990ScheduleK/Form990ScheduleKPartII/CurrentRefunding20
IRS990ScheduleK/Form990ScheduleKPartII/CurrentRefunding30
IRS990ScheduleK/Form990ScheduleKPartII/CurrentRefunding40
IRS990ScheduleK/Form990ScheduleKPartII/FinalAllocationMade01
IRS990ScheduleK/Form990ScheduleKPartII/FinalAllocationMade11
IRS990ScheduleK/Form990ScheduleKPartII/FinalAllocationMade21
IRS990ScheduleK/Form990ScheduleKPartII/FinalAllocationMade31
IRS990ScheduleK/Form990ScheduleKPartII/FinalAllocationMade41
IRS990ScheduleK/Form990ScheduleKPartIII/AnyLeaseArrangements00
IRS990ScheduleK/Form990ScheduleKPartIII/AnyLeaseArrangements10
IRS990ScheduleK/Form990ScheduleKPartIII/AnyLeaseArrangements20
IRS990ScheduleK/Form990ScheduleKPartIII/AnyLeaseArrangements30
IRS990ScheduleK/Form990ScheduleKPartIII/AnyLeaseArrangements40
IRS990ScheduleK/Form990ScheduleKPartIII/AnyResearchAgreements00
IRS990ScheduleK/Form990ScheduleKPartIII/AnyResearchAgreements10
IRS990ScheduleK/Form990ScheduleKPartIII/AnyResearchAgreements20
IRS990ScheduleK/Form990ScheduleKPartIII/AnyResearchAgreements30
IRS990ScheduleK/Form990ScheduleKPartIII/AnyResearchAgreements40
IRS990ScheduleK/Form990ScheduleKPartIII/BondIssMeetPrvtSecurityPayTest00
IRS990ScheduleK/Form990ScheduleKPartIII/BondIssMeetPrvtSecurityPayTest10
IRS990ScheduleK/Form990ScheduleKPartIII/BondIssMeetPrvtSecurityPayTest20
IRS990ScheduleK/Form990ScheduleKPartIII/BondIssMeetPrvtSecurityPayTest30
IRS990ScheduleK/Form990ScheduleKPartIII/BondIssMeetPrvtSecurityPayTest40
IRS990ScheduleK/Form990ScheduleKPartIII/BondReferenceCd0A
IRS990ScheduleK/Form990ScheduleKPartIII/BondReferenceCd1B
IRS990ScheduleK/Form990ScheduleKPartIII/BondReferenceCd2C
IRS990ScheduleK/Form990ScheduleKPartIII/BondReferenceCd3D
IRS990ScheduleK/Form990ScheduleKPartIII/BondReferenceCd4A
IRS990ScheduleK/Form990ScheduleKPartIII/ChangeInUseBondFinancedProp00
IRS990ScheduleK/Form990ScheduleKPartIII/ChangeInUseBondFinancedProp10
IRS990ScheduleK/Form990ScheduleKPartIII/ChangeInUseBondFinancedProp20
IRS990ScheduleK/Form990ScheduleKPartIII/ChangeInUseBondFinancedProp30
IRS990ScheduleK/Form990ScheduleKPartIII/ChangeInUseBondFinancedProp40
IRS990ScheduleK/Form990ScheduleKPartIII/MngmentCntrctBondFinancdPrprty00
IRS990ScheduleK/Form990ScheduleKPartIII/MngmentCntrctBondFinancdPrprty10
IRS990ScheduleK/Form990ScheduleKPartIII/MngmentCntrctBondFinancdPrprty20
IRS990ScheduleK/Form990ScheduleKPartIII/MngmentCntrctBondFinancdPrprty30
IRS990ScheduleK/Form990ScheduleKPartIII/MngmentCntrctBondFinancdPrprty40
IRS990ScheduleK/Form990ScheduleKPartIII/NonQualifiedBondRemedProcdrs00
IRS990ScheduleK/Form990ScheduleKPartIII/NonQualifiedBondRemedProcdrs10
IRS990ScheduleK/Form990ScheduleKPartIII/NonQualifiedBondRemedProcdrs20
IRS990ScheduleK/Form990ScheduleKPartIII/NonQualifiedBondRemedProcdrs30
IRS990ScheduleK/Form990ScheduleKPartIII/NonQualifiedBondRemedProcdrs40
IRS990ScheduleK/Form990ScheduleKPartIII/OwningBondFinancedProperty01
IRS990ScheduleK/Form990ScheduleKPartIII/OwningBondFinancedProperty11
IRS990ScheduleK/Form990ScheduleKPartIII/OwningBondFinancedProperty21
IRS990ScheduleK/Form990ScheduleKPartIII/OwningBondFinancedProperty31
IRS990ScheduleK/Form990ScheduleKPartIII/OwningBondFinancedProperty41
IRS990ScheduleK/Form990ScheduleKPartIII/PercentageOfPrvtBusinessReUBI00.00000
IRS990ScheduleK/Form990ScheduleKPartIII/PercentageOfPrvtBusinessReUBI10.00000
IRS990ScheduleK/Form990ScheduleKPartIII/PercentageOfPrvtBusinessReUBI20.00000

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$54,929,662
Liabilities
$65,741,838
Net assets
-$10,812,176
Revenue
-
Expenses
$10,235,556
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$539$523$16.0$26.9$25.9$1.01
2023Detailed filing. Detailed filing data is available for this year.$369$354$14.7$27.5$16.1$11.4
2022Detailed filing. Detailed filing data is available for this year.$351$348$3.27$14.0$8.49$5.54
2021Detailed filing. Detailed filing data is available for this year.$139$142$2.27$6.85$6.76$0.08
2020Detailed filing. Detailed filing data is available for this year.$152$154$2.34$2.63$3.30$0.68
2019Detailed filing. Detailed filing data is available for this year.$165$166$1.29$1.99$2.51$0.52
2018Detailed filing. Detailed filing data is available for this year.$98.3$99.1$0.77$2.27$2.58$0.31
2017Detailed filing. Detailed filing data is available for this year.$21.0$21.4$0.46$1.91$2.08$0.17
2015Summary only. Only limited summary data is available for this year.$37.1$37.6$2.94$3.06$0.11
2014Summary only. Only limited summary data is available for this year.$37.6$38.0$17.7$3.24$14.4
2013Detailed filing. Detailed filing data is available for this year.$50.7$65.5$14.8$3.44$7.43$3.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.9$65.7$10.8$10.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.9$66.0$5.08$4.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.0$66.9$4.90$5.72