Civic Intelligence

Finanta

990 • Fiscal year 2017 • EIN 23-2857766

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 12, 2017

Organization ProfileN/A
1301 North 2nd StreetPhiladelphia, PA 19122

(215) 426-3882

Siviq Scores

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

Liabilities / Assets

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

4.73x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

87th percentile

25%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-38%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$20,342,831

Up $4,022,337 (+25%) from 2016

Net Assets

Up

$11,845,481

Up $430,334 (+3.8%) from 2016

Liabilities

Up

$8,497,350

Up $3,592,003 (+73%) from 2016

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin81st percentile

Revenue

Down

$1,795,171

Down $1,097,066 (-38%) from 2016

Expenses

Down

$1,364,837

Down $575,618 (-30%) from 2016

Net Income

Down

$430,334

Down $521,448 (-55%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$30M$20M$10M$0Assets 2011: $9,248,542Liabilities 2011: $1,713,231Net Assets 2011: $7,535,3112011Assets 2012: $10,713,342Liabilities 2012: $2,454,818Net Assets 2012: $8,258,5242012Assets 2013: $12,738,562Liabilities 2013: $3,728,774Net Assets 2013: $9,009,7882013Assets 2014: $13,482,043Liabilities 2014: $3,728,735Net Assets 2014: $9,753,3082014Assets 2015: $13,788,093Liabilities 2015: $3,324,728Net Assets 2015: $10,463,3652015Assets 2016: $16,320,494Liabilities 2016: $4,905,347Net Assets 2016: $11,415,1472016Assets 2017: $20,342,831Liabilities 2017: $8,497,350Net Assets 2017: $11,845,4812017Assets 2018: $22,351,549Liabilities 2018: $6,618,185Net Assets 2018: $15,733,3642018Assets 2019: $24,614,281Liabilities 2019: $6,437,475Net Assets 2019: $18,176,8062019Assets 2020: $26,712,102Liabilities 2020: $6,752,458Net Assets 2020: $19,959,6442020

Highlighted filing

2017

Assets$20,342,831
Liabilities$8,497,350
Net Assets$11,845,481
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $675,174Expenses 2011: $792,927Net Income 2011: -$117,7532011Expenses 2012: $1,404,4352012Expenses 2013: $1,063,5312013Revenue 2014: $1,940,991Expenses 2014: $1,197,471Net Income 2014: $743,5202014Revenue 2015: $1,408,398Expenses 2015: $1,398,341Net Income 2015: $10,0572015Revenue 2016: $2,892,237Expenses 2016: $1,940,455Net Income 2016: $951,7822016Revenue 2017: $1,795,171Expenses 2017: $1,364,837Net Income 2017: $430,3342017Revenue 2018: $5,662,941Expenses 2018: $1,775,058Net Income 2018: $3,887,8832018Revenue 2019: $4,181,525Expenses 2019: $1,738,083Net Income 2019: $2,443,4422019Revenue 2020: $3,961,565Expenses 2020: $2,169,711Net Income 2020: $1,791,8542020

Highlighted filing

2017

Revenue$1,795,171
Expenses$1,364,837
Net Income$430,334
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 12, 2017
Return Version
2016v3.0
Gross Receipts
$1,839,671
Mission and Program Overview

Mission

Finanta is a nonprofit lending institution

Finanta is a nonprofit lending institution facilitating access to capital and consultation services to entrepreneurs, first-time homebuyers and consumers in the delaware valley region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,435,563$7,867,236▲ $431,673
Savings and Temporary Cash Investments$6,243,092$4,617,702▼ $1,625,390
Cash and Non-Interest-Bearing Accounts$16,459$4,057,301▲ $4,040,842
Land, Buildings, and Equipment, Net$1,535,702$2,045,006▲ $509,304
Pledges and Grants Receivable$1,076,026$1,743,750▲ $667,724
Prepaid Expenses and Deferred Charges$13,652$11,836▼ $1,816
Total Assets$16,320,494$20,342,831▲ $4,022,337
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,561,485$4,276,658▼ $284,827
Other Liabilities$89,063$3,956,316▲ $3,867,253
Accounts Payable and Accrued Expenses$254,799$264,376▲ $9,577
Total Liabilities$4,905,347$8,497,350▲ $3,592,003
Net Assets / Fund Balance
Unrestricted Net Assets$11,183,678$11,626,259▲ $442,581
Temporarily Rstr Net Assets$231,469$219,222▼ $12,247
Total Net Assets Fund Balance$11,415,147$11,845,481▲ $430,334
Total Liabilities and Net Assets / Fund Balance$16,320,494$20,342,831▲ $4,022,337

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,666,137$173,773$1,839,910
Land$332,011-$332,011
Equipment$46,858$173,091$219,949
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Luis MoraPresidentFT$104,223$16,425$120,648

Board Members and Trustees

NameTitle
Jane SobieskiBoard Chair
Lawrence MccomieVice Chair
Corinne Samler Brennan EsqDirector
Mike KerlinDirector
Natalia Dominguez-buckleyDirector
Robin LincolnDirector
Rosa MontijoDirector
Vince TsengSecretary
Allen LamboyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$854,150
Program Service Revenue
$974,112
Investment Income
$-33,091
Other Revenue
$0
All Other Contributions
$463,180
Change in Net Assets
$430,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,795,171
Total Revenue per Audited Statements
$1,795,171
Total Revenue per Form 990
$1,795,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,068,629
Other Expenses$296,208
Total Fundraising Expense$40,616
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$521,339$233,436$23,343$778,118
Current Officers, Directors, Trustees, and Key Employees$71,226$31,892$3,189$106,307
Other Employee Benefits$68,974$30,886$3,089$102,949
Payroll Taxes$54,439$24,377$2,439$81,255
Interest$67,532$0$0$67,532
Office Expenses$31,272$14,003$1,402$46,677
Advertising$22,504$10,213$1,043$33,760
Depreciation Depletion$22,385$10,024$1,004$33,413
Fees for Services Accounting$11,387$3,909$1,700$16,996
Insurance$9,750$4,366$437$14,553
Occupancy$9,687$4,338$433$14,458
All Other Expenses$5,190$2,328$232$7,750
Travel$4,608$2,064$206$6,878
Conferences and Meetings$3,360$1,501$150$5,011
Fees for Services Legal$3,099$1,064$463$4,626
Other Expenses$2,715$1,216$121$4,052
Fees for Services Other$1,036$315$194$1,545
Total Functional Expenses$936,602$387,619$40,616$1,364,837

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,364,837
Total Expenses per Audited Statements$1,364,837
Total Expenses per Form 990$1,364,837
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

Other Reported Liabilities

LiabilityAmount
Contract Advances Payable$3,622,070
Escrow Payable$332,531
Tenant Security Deposits$1,715
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
CEO compensation reviewed
Yes
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
Finanta
EIN
23-2857766
Phone
2154263882
Address
1301 NORTH 2ND STREET, PHILADELPHIA, PA 19122

Signing Officer

Name
Luis Mora
Title
President
Phone
2154263882
Signed
2017-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Mora
Formed
1996
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
9
Employees
21
Volunteers
0

Preparer

Firm
Ruotolo Spewak & Co
Address
101 CHESTNUT AVE, MOUNT LAUREL, NJ 08054-9405
Preparer
Daniel J Ruotolo CPA Ms
Phone
8562731282
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The organization's board of directors and president review the 990 together to verify the amounts reported agree with the organization's audited financial statements for the year and all questions are answered accuratley. In addition, an independent audit committee also reviews the 990 and the organization's audited financial statements for the year.”

Pt VI, Line 12C

“The board completes an annual questionnaire.”

Pt VI, Line 15A

“The president's compensation is approved by the board.”

Pt VI, Line 19

“The organization's governing documents and financial statemetns are available to the public in the organization's office upon request.”

Pt XII, Line 2C

“The board of directors oversees the audit.”

Form 990, Part IX, Line 24E

“Program expense 7750. 5190. 2328. 232.”

Financial Statement Notes

Pt X, Line 2

“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Accordingly, no provision for income taxes is provided.the organization has reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustained should the filings be examined by the relevant taxing authority. For federal income tax purposes, the returns remain open for possible examination three years after they are filed. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in other expense in the statement of activities. No interest and penalties were recorded during the year ended june 30, 2017.”

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-44500
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0433
IRS990/OccupancyGrp/ManagementAndGeneralAmt04338
IRS990/OccupancyGrp/ProgramServicesAmt09687
IRS990/OccupancyGrp/TotalAmt014458
IRS990/OfficeExpensesGrp/FundraisingAmt01402
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014003
IRS990/OfficeExpensesGrp/ProgramServicesAmt031272
IRS990/OfficeExpensesGrp/TotalAmt046677
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03089
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030886
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt068974
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0102949
IRS990/OtherExpensesGrp/Desc0LOAN LOSS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11171
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt3121
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111687
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31216
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt126099
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt32715
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt138957
IRS990/OtherExpensesGrp/TotalAmt20
IRS990/OtherExpensesGrp/TotalAmt34052
IRS990/OtherLiabilitiesGrp/BOYAmt089063
IRS990/OtherLiabilitiesGrp/EOYAmt03956316
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023343
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0233436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0521339
IRS990/OtherSalariesAndWagesGrp/TotalAmt0778118
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07435563
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07867236
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02439
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024377
IRS990/PayrollTaxesGrp/ProgramServicesAmt054439
IRS990/PayrollTaxesGrp/TotalAmt081255
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01076026
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01743750
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013652
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011836
IRS990/PrincipalOfficerNm0LUIS MORA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1LOAN AND PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3GAIN ON FORECLOSED PROPERTY
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0519303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1104174
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt284210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3266425
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02148414
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06462
IRS990/PYOtherExpensesAmt0943639
IRS990/PYProgramServiceRevenueAmt0737361
IRS990/PYRevenuesLessExpensesAmt0951782
IRS990/PYSalariesCompEmpBnftPaidAmt0996816
IRS990/PYTotalExpensesAmt01940455
IRS990/PYTotalRevenueAmt02892237
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0430334
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0974112
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06243092
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04617702
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0854150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02148414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0790612
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01312891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01067056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06173123
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011409
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06462
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05353
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08383
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018609
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt050216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0929612
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0737361
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0612433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0619717
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0729130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03628253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018609
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt050216
IRS990ScheduleA/InvestmentIncomeCYPct00.00510
IRS990ScheduleA/InvestmentIncomePYPct00.00560
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99490
IRS990ScheduleA/PublicSupportPY509Pct00.99440
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt09801376
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01783762
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02885775
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01403045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01932608
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01796186
IRS990ScheduleA/Total509Grp/TotalAmt09801376
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09851592
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/BookValueAmt01666137
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0173773
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01839910
IRS990ScheduleD/EquipmentGrp/BookValueAmt046858
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0173091
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0219949
IRS990ScheduleD/ExpensesSubtotalAmt01364837
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0332011
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0332011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03622070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2332531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRACT ADVANCES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ESCROW PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01795171
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED.THE ORGANIZATION HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02045006
IRS990ScheduleD/TotalExpensesPerForm990Amt01364837
IRS990ScheduleD/TotalLiabilityAmt03956316
IRS990ScheduleD/TotalRevenuePerForm990Amt01795171
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01795171
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01364837
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS AND PRESIDENT REVIEW THE 990 TOGETHER TO VERIFY THE AMOUNTS REPORTED AGREE WITH THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR AND ALL QUESTIONS ARE ANSWERED ACCURATLEY. IN ADDITION, AN INDEPENDENT AUDIT COMMITTEE ALSO REVIEWS THE 990 AND THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR.

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$20,342,831
Liabilities
$8,497,350
Net assets
$11,845,481
Revenue
$1,795,171
Expenses
$1,364,837
Net income
$430,334
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$6.75$20.0$3.96$2.17$1.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$6.44$18.2$4.18$1.74$2.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$6.62$15.7$5.66$1.78$3.89
2017Detailed filing. Detailed filing data is available for this year.$20.3$8.50$11.8$1.80$1.36$0.43
2016Detailed filing. Detailed filing data is available for this year.$16.3$4.91$11.4$2.89$1.94$0.95
2015Detailed filing. Detailed filing data is available for this year.$13.8$3.32$10.5$1.41$1.40$0.01
2014Detailed filing. Detailed filing data is available for this year.$13.5$3.73$9.75$1.94$1.20$0.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$3.73$9.01$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$2.45$8.26$1.40
2011Summary only. Only limited summary data is available for this year.$9.25$1.71$7.54$0.68$0.79$0.12
Peer Organizations

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