Civic Intelligence

Agape Colinas Inc

990 • Fiscal year 2019 • EIN 26-4622848

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 21, 2020

7334 Blanco Road Ste 200San Antonio, TX 78216

(210) 341-8097

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

5.02x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

58th percentile

5.3%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

20th percentile

-2.5%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.6%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Down

$29,428,866

Down $762,815 (-2.5%) from 2018

Net Assets

Up

$235,334

Up $309,513 (+417%) from 2018

Liabilities

Down

$29,193,532

Down $1,072,328 (-3.5%) from 2018

Revenue

Up

$5,819,449

Up $93,932 (+1.6%) from 2018

Expenses

Down

$5,509,936

Down $84,039 (-1.5%) from 2018

Net Income

Up

$309,513

Up $177,971 (+135%) from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2014: $39,503,784Liabilities 2014: $41,990,620Net Assets 2014: -$2,486,8362014Assets 2015: $38,912,687Liabilities 2015: $41,838,635Net Assets 2015: -$2,925,9482015Assets 2016: $38,615,349Liabilities 2016: $42,250,377Net Assets 2016: -$3,635,0282016Assets 2017: $30,795,789Liabilities 2017: $31,001,510Net Assets 2017: -$205,7212017Assets 2018: $30,191,681Liabilities 2018: $30,265,860Net Assets 2018: -$74,1792018Assets 2019: $29,428,866Liabilities 2019: $29,193,532Net Assets 2019: $235,3342019Assets 2020: $30,264,132Liabilities 2020: $28,996,416Net Assets 2020: $1,267,7162020Assets 2021: $29,952,179Liabilities 2021: $28,493,922Net Assets 2021: $1,458,2572021Assets 2022: $30,281,808Liabilities 2022: $27,427,779Net Assets 2022: $2,854,0292022Assets 2023: $30,065,934Liabilities 2023: $27,266,096Net Assets 2023: $2,799,8382023Assets 2024: $29,523,620Liabilities 2024: $27,314,477Net Assets 2024: $2,209,1432024

Highlighted filing

2019

Assets$29,428,866
Liabilities$29,193,532
Net Assets$235,334

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $6,232,792Expenses 2014: $7,360,720Net Income 2014: -$1,127,9282014Revenue 2015: $6,834,078Expenses 2015: $7,273,190Net Income 2015: -$439,1122015Revenue 2016: $6,968,028Expenses 2016: $7,677,108Net Income 2016: -$709,0802016Revenue 2017: $12,065,058Expenses 2017: $8,635,751Net Income 2017: $3,429,3072017Revenue 2018: $5,725,517Expenses 2018: $5,593,975Net Income 2018: $131,5422018Revenue 2019: $5,819,449Expenses 2019: $5,509,936Net Income 2019: $309,5132019Revenue 2020: $6,619,790Expenses 2020: $5,587,408Net Income 2020: $1,032,3822020Revenue 2021: $5,955,225Expenses 2021: $5,764,684Net Income 2021: $190,5412021Revenue 2022: $7,573,777Expenses 2022: $6,178,005Net Income 2022: $1,395,7722022Revenue 2023: $6,536,199Expenses 2023: $6,590,390Net Income 2023: -$54,1912023Revenue 2024: $6,337,820Expenses 2024: $6,928,515Net Income 2024: -$590,6952024

Highlighted filing

2019

Revenue$5,819,449
Expenses$5,509,936
Net Income$309,513
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 21, 2020
Return Version
2019v5.0
Gross Receipts
$5,819,449
Mission and Program Overview

Mission

Provide affordable low-income housing to individuals and families in san antonio, texas at two different apartment properties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,583,672$26,603,853▼ $979,819
Accounts Receivable$727,286$1,167,705▲ $440,419
Intangible Assets$852,846$822,121▼ $30,725
Prepaid Expenses and Deferred Charges$115,619$153,314▲ $37,695
Cash and Non-Interest-Bearing Accounts$123,397$124,784▲ $1,387
Total Assets$30,191,681$29,428,866▼ $762,815
Other Assets Total$788,861$557,089▼ $231,772
Liabilities
Tax Exempt Bond Liabilities$26,486,921$26,195,580▼ $291,341
Accounts Payable and Accrued Expenses$2,635,972$1,792,858▼ $843,114
Mortgage Notes Payable Secured by Investment Property$1,078,005$1,074,645▼ $3,360
Other Liabilities$64,962$130,449▲ $65,487
Total Liabilities$30,265,860$29,193,532▼ $1,072,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-74,179$235,334▲ $309,513
Total Net Assets Fund Balance$-74,179$235,334▲ $309,513
Total Liabilities and Net Assets / Fund Balance$30,191,681$29,428,866▼ $762,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,395,925$3,915,586$26,311,511
Land$3,654,480-$3,654,480
Equipment$553,448$816,697$1,370,145
Compensation and Service Providers

Board Members and Trustees

NameTitle
David StarrPresident/di
Muthana Mohammed AttahDirector
James ShipleySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,809,211
Investment Income
$10,238
Other Revenue
$0
Change in Net Assets
$309,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,819,449
Total Revenue per Audited Statements
$5,819,449
Total Revenue per Form 990
$5,819,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,509,936
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
Interest$1,773,773--$1,773,773
Occupancy$925,036--$925,036
Depreciation Depletion$868,185--$868,185
Insurance$312,985--$312,985
Fees for Services Management$205,582--$205,582
Office Expenses$134,463--$134,463
All Other Expenses$101,394--$101,394
Other Expenses$43,963--$43,963
Advertising$41,809--$41,809
Payments to Affiliates$20,000--$20,000
Fees for Services Accounting$7,700--$7,700
Fees for Services Legal$3,780--$3,780
Travel$4--$4
Total Functional Expenses$5,509,936$0$0$5,509,936

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,509,936
Total Expenses per Audited Statements$5,509,936
Total Expenses per Form 990$5,509,936
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common DirectorOperating AdvancesNo$639,086
-Common DirectorSeller Note PayableNo$535,431
-Common OfficerMgt/compliance FeesNo$253,998
-Common DirectorAccrued Asset FeeNo$247,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Revenue$86,540
Prepaid Revenue$31,769
Tenant Deposit Payable$7,180
Tenant Deposit Payable$4,960

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABchfc Senior Series a Bonds2014-06-30$36,225,000Purchase apartment complex
BBchfc Subordinate Series B Bonds2014-06-30$2,175,000Purchase apartment complex

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

No rebate due
No
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
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
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

All day-to-day operations at the apartment complexes are managed by foresight asset management, llc.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to mr. Starr, the president, before filing. Mr. Starr reviews and approves the form 990 before being filed with the irs.

Form 990, Page 6, Part VI, Line 12C

If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such a belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 19

All documents available upon written request.

Filing and Contact Details

Filer

Filer Name
Agape Colinas Inc
EIN
26-4622848
Phone
2103418097
Address
7334 BLANCO ROAD STE 200, SAN ANTONIO, TX 78216

Signing Officer

Name
David Starr
Title
President/director
Phone
2103418097
Signed
2020-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Starr
Formed
2012
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Davis Ray & Co Pc
Address
PO BOX 309, SEMINOLE, TX 79360
Preparer
Derek Ray
Phone
4327583226
Raw XML AppendixShowing 400 of 777 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02635972
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01792858
IRS990/AccountsReceivableGrp/BOYAmt0727286
IRS990/AccountsReceivableGrp/EOYAmt01167705
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE LOW-INCOME HOUSING TO INDIVIDUALS AND FAMILIES IN SAN ANTONIO, TEXAS AT TWO DIFFERENT APARTMENT PROPERTIES.
IRS990/AdvertisingGrp/ProgramServicesAmt041809
IRS990/AdvertisingGrp/TotalAmt041809
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0101394
IRS990/AllOtherExpensesGrp/TotalAmt0101394
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FORESIGHT ASSET MANAGEMENT LLC
IRS990/BooksInCareOfDetail/PhoneNum02103418097
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07334 BLANCO ROAD STE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN ANTONIO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078216
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0123397
IRS990/CashNonInterestBearingGrp/EOYAmt0124784
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010238
IRS990/CYOtherExpensesAmt05509936
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05809211
IRS990/CYRevenuesLessExpensesAmt0309513
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05509936
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05819449
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0868185
IRS990/DepreciationDepletionGrp/TotalAmt0868185
IRS990/Desc0PROVIDE AFFORDABLE LOW-INCOME HOUSING TO INDIVIDUALS AND FAMILIES IN SAN ANTONIO, TEXAS AT TWO DIFFERENT APARTMENT PROPERTIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt05509936
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07700
IRS990/FeesForServicesAccountingGrp/TotalAmt07700
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03780
IRS990/FeesForServicesLegalGrp/TotalAmt03780
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0205582
IRS990/FeesForServicesManagementGrp/TotalAmt0205582
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0MUTHANA MOHAMMED ATTAH
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES SHIPLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID STARR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT/DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05819449
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0312985
IRS990/InsuranceGrp/TotalAmt0312985
IRS990/IntangibleAssetsGrp/BOYAmt0852846
IRS990/IntangibleAssetsGrp/EOYAmt0822121
IRS990/InterestGrp/ProgramServicesAmt01773773
IRS990/InterestGrp/TotalAmt01773773
IRS990/InvestmentIncomeGrp/ExclusionAmt010238
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010238
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04732283
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027583672
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026603853
IRS990/LandBldgEquipCostOrOtherBssAmt031336136
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE AFFORDABLE LOW-INCOME HOUSING TO INDIVIDUALS AND FAMILIES IN SAN ANTONIO, TEXAS AT TWO DIFFERENT APARTMENT PROPERTIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01078005
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01074645
IRS990/NetAssetsOrFundBalancesBOYAmt0-74179
IRS990/NetAssetsOrFundBalancesEOYAmt0235334
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-74179
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0235334
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0925036
IRS990/OccupancyGrp/TotalAmt0925036
IRS990/OfficeExpensesGrp/ProgramServicesAmt0134463
IRS990/OfficeExpensesGrp/TotalAmt0134463
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0788861
IRS990/OtherAssetsTotalGrp/EOYAmt0557089
IRS990/OtherExpensesGrp/Desc0MGT PAYROLL COSTS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2COMPLIANCE
IRS990/OtherExpensesGrp/Desc3RENT-FREE UNIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0691257
IRS990/OtherExpensesGrp/ProgramServicesAmt1331589
IRS990/OtherExpensesGrp/ProgramServicesAmt248416
IRS990/OtherExpensesGrp/ProgramServicesAmt343963
IRS990/OtherExpensesGrp/TotalAmt0691257
IRS990/OtherExpensesGrp/TotalAmt1331589
IRS990/OtherExpensesGrp/TotalAmt248416
IRS990/OtherExpensesGrp/TotalAmt343963
IRS990/OtherLiabilitiesGrp/BOYAmt064962
IRS990/OtherLiabilitiesGrp/EOYAmt0130449
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt020000
IRS990/PaymentsToAffiliatesGrp/TotalAmt020000
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0115619
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0153314
IRS990/PrincipalOfficerNm0DAVID STARR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05809211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05809211
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012713
IRS990/PYOtherExpensesAmt05593975
IRS990/PYProgramServiceRevenueAmt05712804
IRS990/PYRevenuesLessExpensesAmt0131542
IRS990/PYTotalExpensesAmt05593975
IRS990/PYTotalRevenueAmt05725517
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0309513
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05809211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010238
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012713
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05720
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05809211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05712804
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09536012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06968000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06834047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt034860074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010238
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012713
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05720
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028730
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt034860074
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05809211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05712804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09536012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06968000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06834047
IRS990ScheduleA/Total509Grp/TotalAmt034860074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05819449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05725517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09541732
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06968028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06834078
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt034888804
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt022395925
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03915586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026311511
IRS990ScheduleD/EquipmentGrp/BookValueAmt0553448
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0816697
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01370145
IRS990ScheduleD/ExpensesSubtotalAmt05509936
IRS990ScheduleD/LandGrp/BookValueAmt03654480
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03654480
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt131769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34960
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT DEPOSIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT DEPOSIT PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt05819449
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026603853
IRS990ScheduleD/TotalExpensesPerForm990Amt05509936
IRS990ScheduleD/TotalLiabilityAmt0130449
IRS990ScheduleD/TotalRevenuePerForm990Amt05819449
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05819449
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05509936
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0BCHFC SENIOR SERIES A BONDS PURCHASE APARTMENT COMPLEX
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1BCHFC SUBORDINATE SERIES B BONDS PURCHASE APARTMENT COMPLEX
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-06-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12014-06-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0521294430
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1521294430
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0000088379
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1000088379
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt036225000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt12175000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BCHFC SENIOR SERIES A BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1BCHFC SUBORDINATE SERIES B BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE APARTMENT COMPLEX
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1PURCHASE APARTMENT COMPLEX
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0AMERICAN AGAPE FOUNDATION INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1AMERICAN AGAPE FOUNDATION INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2AOH-COLINAS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3FORESIGHT ASSET MANAGEMENT LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0AMERICAN AGAPE FOUNDATION INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt1AMERICAN AGAPE FOUNDATION INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt2AOH-COLINAS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt3FORESIGHT ASSET MANAGEMENT LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0COMMON DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1COMMON DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2COMMON DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3COMMON OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0247000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1639086
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2535431
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt3253998
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ACCRUED ASSET FEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1OPERATING ADVANCES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2SELLER NOTE PAYABLE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3MGT/COMPLIANCE FEES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DAY-TO-DAY OPERATIONS AT THE APARTMENT COMPLEXES ARE MANAGED BY FORESIGHT ASSET MANAGEMENT, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO MR. STARR, THE PRESIDENT, BEFORE FILING. MR. STARR REVIEWS AND APPROVES THE FORM 990 BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH A BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd7false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd8false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd9false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings