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990 • Fiscal year 2014 • EIN 26-2310566

Oct 01, 2013 to Sep 30, 2014 • Filed on Jun 29, 2015

Organization ProfileWWW.M-1RAIL.COM
1426 Woodward Avenue48226-2002

(313) 528-3044

Siviq Scores

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

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

5th percentile

0.01x

Higher debt load relative to revenue than 5% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets8th percentile

Assets

$72,034,457

No earlier filing loaded for comparison.

Net Assets

$71,553,115

No earlier filing loaded for comparison.

Liabilities

$481,342

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin98th percentile

Revenue

$49,853,239

No earlier filing loaded for comparison.

Expenses

$3,930,794

No earlier filing loaded for comparison.

Net Income

$45,922,445

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150M$100M$50M$0Assets 2014: $72,034,457Liabilities 2014: $481,342Net Assets 2014: $71,553,1152014Assets 2015: $80,871,722Liabilities 2015: $4,298,613Net Assets 2015: $76,573,1092015Assets 2016: $87,480,346Liabilities 2016: $9,495,069Net Assets 2016: $77,985,2772016Assets 2017: $100,680,655Liabilities 2017: $12,662,174Net Assets 2017: $88,018,4812017Assets 2019: $92,868,802Liabilities 2019: $9,581,820Net Assets 2019: $83,286,9822019Assets 2020: $94,875,508Liabilities 2020: $7,716,226Net Assets 2020: $87,159,2822020Assets 2021: $97,362,094Liabilities 2021: $6,149,091Net Assets 2021: $91,213,0032021Assets 2022: $64,388,109Liabilities 2022: $5,393,720Net Assets 2022: $58,994,3892022Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2014

Assets$72,034,457
Liabilities$481,342
Net Assets$71,553,115
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$50M$0-$50MRevenue 2014: $49,853,239Expenses 2014: $3,930,794Net Income 2014: $45,922,4452014Revenue 2015: $8,386,202Expenses 2015: $3,366,208Net Income 2015: $5,019,9942015Revenue 2016: $4,623,243Expenses 2016: $3,211,075Net Income 2016: $1,412,1682016Revenue 2017: $16,883,027Expenses 2017: $6,849,823Net Income 2017: $10,033,2042017Revenue 2019: $7,591,402Expenses 2019: $9,306,108Net Income 2019: -$1,714,7062019Revenue 2020: $12,173,588Expenses 2020: $8,301,288Net Income 2020: $3,872,3002020Revenue 2021: $11,689,811Expenses 2021: $7,636,090Net Income 2021: $4,053,7212021Revenue 2022: $7,448,768Expenses 2022: $39,667,382Net Income 2022: -$32,218,6142022Revenue 2025: $16,383Expenses 2025: $6,727,113Net Income 2025: -$6,710,7302025

Highlighted filing

2014

Revenue$49,853,239
Expenses$3,930,794
Net Income$45,922,445
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jun 29, 2015
Return Version
2013v4.0
Gross Receipts
$49,853,239
Mission and Program Overview

Mission

To plan, design, construct, equip, furnish, and operate, for itself or by contract, a public transportation system

To plan, design, construct, equip, furnish, and operate a public transportation system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$11,024,797$39,546,329▲ $28,521,532
Cash and Non-Interest-Bearing Accounts$4,279,037$10,986,385▲ $6,707,348
Other Notes and Loans Receivable, Net-$6,812,000-
Savings and Temporary Cash Investments$10,805,792$5,579,953▼ $5,225,839
Prepaid Expenses and Deferred Charges$4,626$424,930▲ $420,304
Land, Buildings, and Equipment, Net$0$135,676▲ $135,676
Total Assets$26,114,252$72,034,457▲ $45,920,205
Other Assets Total$0$8,549,184▲ $8,549,184
Liabilities
Accounts Payable and Accrued Expenses$483,582$481,342▼ $2,240
Total Liabilities$483,582$481,342▼ $2,240
Net Assets / Fund Balance
Unrestricted Net Assets$12,630,670$71,553,115▲ $58,922,445
Temporarily Rstr Net Assets$13,000,000$0▼ $13,000,000
Total Net Assets Fund Balance$25,630,670$71,553,115▲ $45,922,445
Total Liabilities and Net Assets / Fund Balance$26,114,252$72,034,457▲ $45,920,205

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$135,676$60,606$196,282
Other Assets Org$8,549,184--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Roger S PenskeChair and Director
Matthew P CullenC.e.o., President, and Director
Daniel B GilbertVice-chair and Director
Dr Leo E HanifinDirector
Eric LarsonDirector
Faye Alexander NelsonDirector
George W Jackson JrDirector
Richard RapsonDirector
Robert G RineyDirector
Sarah McclellandDirector
Steve MarquardtDirector
Susan MoseyDirector
David BlaszkiewiczSecretary and Director
Darrell BurksTreasurer and Director
Paul TrulikAssistant Treasurer
Paul ChildsC.o.o., V-p, and Asst. Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Hntb Michigan INCProject Management-$1,418,800
Dykema Gossett PllcLegal Services-$985,581
The Paul Childs LLCTechnical And Project Management-$316,375
Costaff ServicesHuman Resources And Payroll-$265,033
Downtown Detroit Partnership INCProject Expense Reimbursement-$221,743
Revenue and Support

Revenue Composition

Contributions and Grants
$49,829,329
Program Service Revenue
$0
Investment Income
$23,910
Other Revenue
$0
All Other Contributions
$49,829,329
Change in Net Assets
$45,922,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,040,438
Salaries, Compensation, and Employee Benefits$476,955
Grants and Similar Amounts Paid$344,101
Total Fundraising Expense$241,570
Professional Fundraising Fees$69,300

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$1,155,686$135,963$67,982$1,359,631
Advertising$453,093$53,305$26,653$533,051
Other Salaries and Wages$350,690$41,258$20,629$412,577
Grants to Domestic Orgs$344,101--$344,101
Fees for Services Management$244,396$28,753$14,376$287,525
Fees for Services Accounting$172,694$20,317$10,158$203,169
Fees for Services Other$151,187$17,787$8,893$177,867
Occupancy$114,471$13,467$6,734$134,672
Insurance$81,407$9,577$4,789$95,773
Fees for Services Lobbying-$72,000-$72,000
Fees for Services Professional Fundraising--$69,300$69,300
Office Expenses$52,075$6,126$3,063$61,264
Depreciation Depletion$51,515$6,061$3,030$60,606
All Other Expenses$31,672$3,727$1,863$37,262
Payroll Taxes$28,816$3,390$1,695$33,901
Other Employee Benefits$17,255$2,030$1,015$20,300
Conferences and Meetings$14,974$1,763$881$17,618
Pension Plan Contributions$8,650$1,018$509$10,177
Total Functional Expenses$3,272,682$416,542$241,570$3,930,794
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$69,300
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Paul ChildsMember of the Paul Childs LLC and C.o.o., V-p, and Asst. Sec. of M-1 RailThe Paul Childs LLC Provides Technical and Project Management Services to M-1 RailNo$353,375
Paul TrulikPresident of Apparatus Solutions, Inc. and Assistant Treasurer of M-1 RailApparatus Solutions, Inc. Provides Accounting Services to M-1 RailNo$82,960
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
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Daniel b. Gilbert is the chair of quicken loans, inc., and matthew p. Cullen is the chief executive officer of rock ventures llc, which is an affiliate of quicken loans, inc. Various directors and officers also serve together on the boards of directors of various other non-profit organizations in the metropolitan detroit area, including m-2 rail, a supporting organization.”

Form 990, Part VI, Section B, Line 11

“The organization hired a public accounting firm to prepare form 990. The chief financial officer reviewed the return prior to distributing a draft return to the treasurer (who is a board member) and audit and finance committee members for their review. Comments from these individuals were reviewed and appropriately incorporated into the final form 990 that was filed. A final copy of the form 990 was provided to each board member via e-mail prior to filing for their information.”

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

“The conflict of interest policy is provided to the applicable parties annually. In addition, directors and officers sign an acknowledgement statement and provide information regarding potential conflicts on the annual form. Management reviews the disclosures and follows up, if necessary.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

EIN
26-2310566
Phone
3135283044

Signing Officer

Name
Jenilyn Norman
Title
Chief Financial Officer
Phone
7348054658
Signed
2015-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew P Cullen
Formed
2007
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
16

Preparer

Preparer
Michael R Nicholas
Phone
3139652655
Supplemental Narrative

Additional Explanations

FORM 990, PARTS VIII AND IX - DONATED SERVICES:

“M-1 rail received donated services for the year totaling $529,608. These amounts are not included in revenue in part viii of form 990 or in expenses in part ix of form 990.”

Financial Statement Notes

PART X, LINE 2:

“M-1 rail is a not-for-profit organization exempt from income taxes under section 501(c)(3) of the internal revenue code (irc) and is a publicly supported organization under irc section 509(a)(1). M-2 rail is a not-for-profit organization exempt from income taxes under section 501(c)(3) of irc and is classified as a type 2 supporting organization to m-1 rail under irc section 509(a)(3). Although m-1 rail and m-2 rail were granted income tax exemption by the internal revenue service, such exemption does not apply to "unrelated business taxable income." at september 30, 2014 and 2013, the organization has determined that no unrelated business income taxes are due for its activities. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements. Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the consolidated financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to september 30, 2010.”

Raw XML AppendixShowing 400 of 614 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/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine14DOWNTOWN DETROIT PARTNERSHIP INC
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IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID BLASZKIEWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm4DARRELL BURKS
IRS990/Form990PartVIISectionAGrp/PersonNm5DR LEO E HANIFIN
IRS990/Form990PartVIISectionAGrp/PersonNm6GEORGE W JACKSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm7SARAH MCCLELLAND
IRS990/Form990PartVIISectionAGrp/PersonNm8SUSAN MOSEY
IRS990/Form990PartVIISectionAGrp/PersonNm9FAYE ALEXANDER NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD RAPSON
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT G RINEY
IRS990/Form990PartVIISectionAGrp/PersonNm12ERIC LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE MARQUARDT
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL CHILDS
IRS990/Form990PartVIISectionAGrp/PersonNm15PAUL TRULIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2C.E.O., PRESIDENT, AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14C.O.O., V-P, AND ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0344101
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0344101
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0344101
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt049853239
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt04789
IRS990/InsuranceGrp/ManagementAndGeneralAmt09577
IRS990/InsuranceGrp/ProgramServicesAmt081407
IRS990/InsuranceGrp/TotalAmt095773
IRS990/InvestmentIncomeGrp/ExclusionAmt023910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023910
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt060606
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0135676
IRS990/LandBldgEquipCostOrOtherBssAmt0196282
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PLAN, DESIGN, CONSTRUCT, EQUIP, FURNISH, AND OPERATE, FOR ITSELF OR BY CONTRACT, A PUBLIC TRANSPORTATION SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt025630670
IRS990/NetAssetsOrFundBalancesEOYAmt071553115
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06734
IRS990/OccupancyGrp/ManagementAndGeneralAmt013467
IRS990/OccupancyGrp/ProgramServicesAmt0114471
IRS990/OccupancyGrp/TotalAmt0134672
IRS990/OfficeExpensesGrp/FundraisingAmt03063
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06126
IRS990/OfficeExpensesGrp/ProgramServicesAmt052075
IRS990/OfficeExpensesGrp/TotalAmt061264
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt08549184
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01015
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02030
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017255
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020629
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041258
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0350690
IRS990/OtherSalariesAndWagesGrp/TotalAmt0412577
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06812000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01695
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03390
IRS990/PayrollTaxesGrp/ProgramServicesAmt028816
IRS990/PayrollTaxesGrp/TotalAmt033901
IRS990/PensionPlanContributionsGrp/FundraisingAmt0509
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01018
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08650
IRS990/PensionPlanContributionsGrp/TotalAmt010177
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt011024797
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039546329
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04626
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0424930
IRS990/PrincipalOfficerNm0MATTHEW P CULLEN
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014974797
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05225968
IRS990/PYInvestmentIncomeAmt026790
IRS990/PYOtherExpensesAmt01850970
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt07733869
IRS990/PYSalariesCompEmpBnftPaidAmt0172780
IRS990/PYTotalExpensesAmt07267718
IRS990/PYTotalProfFndrsngExpnsAmt018000
IRS990/PYTotalRevenueAmt015001587
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt045922445
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010805792
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05579953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049829329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014974797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04719555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06232648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07721268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt083477597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt026790
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040218
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028821
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0148848
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39390
IRS990ScheduleA/PublicSupportPY170Pct00.33560
IRS990ScheduleA/PublicSupportTotal170Amt032943270
IRS990ScheduleA/SubstantialContributorsTotAmt050534327
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049829329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014974797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04719555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06232648

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,034,457
Liabilities
$481,342
Net assets
$71,553,115
Revenue
$49,853,239
Expenses
$3,930,794
Net income
$45,922,445
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.02$6.73$6.71
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.4$5.39$59.0$7.45$39.7$32.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.4$6.15$91.2$11.7$7.64$4.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.9$7.72$87.2$12.2$8.30$3.87
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.9$9.58$83.3$7.59$9.31$1.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$12.7$88.0$16.9$6.85$10.0
2016Detailed filing. Detailed filing data is available for this year.$87.5$9.50$78.0$4.62$3.21$1.41
2015Detailed filing. Detailed filing data is available for this year.$80.9$4.30$76.6$8.39$3.37$5.02
2014Detailed filing. Detailed filing data is available for this year.$72.0$0.48$71.6$49.9$3.93$45.9