Civic Intelligence

Canal Park Inc.

990 • Fiscal year 2015 • EIN 27-0919952

Oct 01, 2014 to Sep 30, 2015 • Filed on Mar 14, 2016

Organization ProfileWWW.CANALPARKDC.ORG
1100 New Jersey Ave SE No 1000Washington, DC 20003

(202) 371-1220

Siviq Scores

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

Liabilities / Assets

79th percentile

0.64x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

31.89x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

1st percentile

-448%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

12th percentile

-7.8%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

24%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$22,693,130

Down $1,918,254 (-7.8%) from 2014

Net Assets

Down

$8,251,887

Down $2,027,076 (-20%) from 2014

Liabilities

Up

$14,441,243

Up $108,822 (+0.8%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$452,859

Up $88,170 (+24%) from 2014

Expenses

Down

$2,479,935

Down $143,107 (-5.5%) from 2014

Net Income

Up

-$2,027,076

Up $231,277 (+10%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$30M$20M$10M$0Assets 2012: $29,111,843Liabilities 2012: $18,146,604Net Assets 2012: $10,965,2392012Assets 2013: $26,863,296Liabilities 2013: $14,325,980Net Assets 2013: $12,537,3162013Assets 2014: $24,611,384Liabilities 2014: $14,332,421Net Assets 2014: $10,278,9632014Assets 2015: $22,693,130Liabilities 2015: $14,441,243Net Assets 2015: $8,251,8872015Assets 2016: $20,778,704Liabilities 2016: $14,478,649Net Assets 2016: $6,300,0552016Assets 2017: $19,023,656Liabilities 2017: $14,517,066Net Assets 2017: $4,506,5902017Assets 2018: $17,213,321Liabilities 2018: $42,277Net Assets 2018: $17,171,0442018Assets 2019: $15,903,954Liabilities 2019: $87,572Net Assets 2019: $15,816,3822019Assets 2020: $14,551,599Liabilities 2020: $81,966Net Assets 2020: $14,469,6332020Assets 2021: $13,259,170Liabilities 2021: $69,944Net Assets 2021: $13,189,2262021Assets 2022: $11,877,818Liabilities 2022: $27,441Net Assets 2022: $11,850,3772022Assets 2023: $10,624,398Liabilities 2023: $21,849Net Assets 2023: $10,602,5492023Assets 2024: $9,359,586Liabilities 2024: $25,206Net Assets 2024: $9,334,3802024Assets 2025: $8,058,764Liabilities 2025: $29,478Net Assets 2025: $8,029,2862025

Highlighted filing

2015

Assets$22,693,130
Liabilities$14,441,243
Net Assets$8,251,887
Open 2015 Filing

Operations Trend

Revenue Growth82nd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $20,7432012Expenses 2013: $1,722,0542013Revenue 2014: $364,689Expenses 2014: $2,623,042Net Income 2014: -$2,258,3532014Revenue 2015: $452,859Expenses 2015: $2,479,935Net Income 2015: -$2,027,0762015Revenue 2016: $335,706Expenses 2016: $2,229,442Net Income 2016: -$1,893,7362016Revenue 2017: $306,731Expenses 2017: $2,100,196Net Income 2017: -$1,793,4652017Revenue 2018: $15,314,610Expenses 2018: $1,995,835Net Income 2018: $13,318,7752018Revenue 2019: $457,864Expenses 2019: $1,812,526Net Income 2019: -$1,354,6622019Revenue 2020: $421,639Expenses 2020: $1,768,388Net Income 2020: -$1,346,7492020Revenue 2021: $152,392Expenses 2021: $1,432,799Net Income 2021: -$1,280,4072021Revenue 2022: $532,498Expenses 2022: $1,871,347Net Income 2022: -$1,338,8492022Revenue 2023: $446,647Expenses 2023: $1,756,858Net Income 2023: -$1,310,2112023Revenue 2024: $522,862Expenses 2024: $1,791,031Net Income 2024: -$1,268,1692024Revenue 2025: $431,691Expenses 2025: $1,736,785Net Income 2025: -$1,305,0942025

Highlighted filing

2015

Revenue$452,859
Expenses$2,479,935
Net Income-$2,027,076
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Mar 14, 2016
Return Version
2014v6.0
Gross Receipts
$452,859
Mission and Program Overview

Mission

Promote management of green-space/public park for community, civic, & public use in southeast dc.

To support the exempt purpose of canal park development association, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,918,542$21,110,432▼ $1,808,110
Savings and Temporary Cash Investments$840,167$645,598▼ $194,569
Pledges and Grants Receivable-$86,367-
Prepaid Expenses and Deferred Charges$727$21,265▲ $20,538
Accounts Receivable$1,566$8,397▲ $6,831
Total Assets$24,611,384$22,693,130▼ $1,918,254
Other Assets Total$850,382$821,071▼ $29,311
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,365,000$13,365,000→ $0
Other Liabilities$959,953$1,050,018▲ $90,065
Accounts Payable and Accrued Expenses$7,468$25,111▲ $17,643
Deferred Revenue-$1,114-
Total Liabilities$14,332,421$14,441,243▲ $108,822
Net Assets / Fund Balance
Unrestricted Net Assets$10,278,963$8,251,887▼ $2,027,076
Total Net Assets Fund Balance$10,278,963$8,251,887▼ $2,027,076
Total Liabilities and Net Assets / Fund Balance$24,611,384$22,693,130▼ $1,918,254

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,004,814$4,184,798$18,189,612
Buildings$7,021,264$546,242$7,567,506
Equipment$84,354$196,367$280,721
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
W Christopher Smith Jrwc SmithPresident
Adrianne TodmandchaBoard Member
Chris VanarsdaleBoard Member
John WilsonjbgBoard Member
Jonathan KanedchaBoard Member
Michael StevenscapbidBoard Member
Rose OliphantdchaBoard Member
Steve GreenBoard Member
Bradley Fennellwc SmithSecretary/bod Member
Terry Beaufordwc SmithTreasurer/bod Member
Revenue and Support

Revenue Composition

Contributions and Grants
$90,852
Program Service Revenue
$191,694
Investment Income
$360
Other Revenue
$169,953
All Other Contributions
$4,500
Change in Net Assets
$-2,027,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$452,859
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$312,417
Total Revenue per Audited Statements
$765,276
Total Revenue per Form 990
$452,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,462,734
Salaries, Compensation, and Employee Benefits$17,201
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,808,110--$1,808,110
Fees for Services Other$114,225$57,736-$171,961
Fees for Services Management$82,500--$82,500
Interest$80,217--$80,217
Insurance$25,706--$25,706
Other Salaries and Wages$17,201--$17,201
Other Expenses$7,278$46,191-$7,278
All Other Expenses$50$7,226-$7,276
Office Expenses$6,710$14-$6,724
Advertising-$933-$933
Total Functional Expenses$2,367,835$112,100$0$2,479,935

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,792,352
Expenses per Audited Statements$2,479,935
Total Expenses per Form 990$2,479,935
Expenses Not Reported on Form 990$312,417
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Supported Organization$1,027,851
Security Deposits$22,167
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
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

“Business relationship the organization's president is an officer and majority shareholder of william c. Smith & co., a washington, d.c property management company, where the organization's secretary and treasurer are also affiliated as officers. The organization's officers are not compensated by canal park, inc. Or by its supported organization, canal park development association, inc. The organization's board members include the executive director of capitol riverfront business improvement district, which donates in-kind services funded in large part by a dc grant.”

Form 990, Part VI, Section B, Line 11

“Review of form 990 the organization's form 990 is prepared by an independent accounting firm and reviewed by its officers and the entire board before filing with the irs.”

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

“Organization's procedure to regularly and consistently monitor and enforce conflict of interest policy each board member signs the conflict of interest statement and returns the form at the annual meeting. Any reported conflicts of interest are managed on a case by case basis.”

Form 990, Part VI, Section C, Line 19

“Availability of certain documents the organization makes its governing documents and financial statements available to the public upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Canal Park Inc
EIN
27-0919952
Phone
2023711220
Address
1100 NEW JERSEY AVE SE NO 1000, WASHINGTON, DC 20003

Signing Officer

Name
W Christopher Smith Jr
Title
President
Phone
2023711220
Signed
2016-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Christopher Smith Jr
Formed
2009
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Aronson LLC
Address
805 KING FARM BLVD 3RD FLOOR, ROCKVILLE, MD 20850
Preparer
Robert Eby CPA
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990 Part III Line 2 & 3

“As part of a financing agreement, the organization acquired the rights and obligations of its supported organization, canal park development association, inc, to use, develop and construct improvements of a public park in southeast washington, dc, known as canal park.”

Financial Statement Notes

PART X, LINE 2:

“Financial note in regard to fin 48 (asc 740): the organization evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of september 30, 2015 and 2014, there are no accruals for uncertain tax positions. If applicable, the organization records interest and penalties as a component of income tax expense. Tax years from 2012 through the current year remain open for examination by tax authorities.”

Raw XML AppendixShowing 400 of 463 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/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012658
IRS990/OtherRevenueTotalAmt012658
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017201
IRS990/OtherSalariesAndWagesGrp/TotalAmt017201
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt086367
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0727
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021265
IRS990/PrincipalOfficerNm0W CHRISTOPHER SMITH JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ICE RINK REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0191694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0191694
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03201
IRS990/PYOtherExpensesAmt02490278
IRS990/PYOtherRevenueAmt0242256
IRS990/PYProgramServiceRevenueAmt0119232
IRS990/PYRevenuesLessExpensesAmt0-2258353
IRS990/PYSalariesCompEmpBnftPaidAmt0132764
IRS990/PYTotalExpensesAmt02623042
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0364689
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2027076
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0157295
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0191694
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0840167
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0645598
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0030506964
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02479935
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CANAL PARK DEVELOPMENT ASSOCIATION INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02479935
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07021264
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0546242
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07567506
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0312417
IRS990ScheduleD/DonatedServicesUseFcltsAmt0312417
IRS990ScheduleD/EquipmentGrp/BookValueAmt084354
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196367
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0280721
IRS990ScheduleD/ExpensesNotReportedAmt0312417
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02479935
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014004814
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04184798
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018189612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11027851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SUPPORTED ORGANIZATION
IRS990ScheduleD/RevenueNotReportedAmt0312417
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0452859
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL NOTE IN REGARD TO FIN 48 (ASC 740): THE ORGANIZATION EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF SEPTEMBER 30, 2015 AND 2014, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, THE ORGANIZATION RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM 2012 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021110432
IRS990ScheduleD/TotalExpensesPerForm990Amt02479935
IRS990ScheduleD/TotalLiabilityAmt01050018
IRS990ScheduleD/TotalRevenuePerForm990Amt0452859
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0765276
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02792352
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS PART OF A FINANCING AGREEMENT, THE ORGANIZATION ACQUIRED THE RIGHTS AND OBLIGATIONS OF ITS SUPPORTED ORGANIZATION, CANAL PARK DEVELOPMENT ASSOCIATION, INC, TO USE, DEVELOP AND CONSTRUCT IMPROVEMENTS OF A PUBLIC PARK IN SOUTHEAST WASHINGTON, DC, KNOWN AS CANAL PARK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS RELATIONSHIP THE ORGANIZATION'S PRESIDENT IS AN OFFICER AND MAJORITY SHAREHOLDER OF WILLIAM C. SMITH & CO., A WASHINGTON, D.C PROPERTY MANAGEMENT COMPANY, WHERE THE ORGANIZATION'S SECRETARY AND TREASURER ARE ALSO AFFILIATED AS OFFICERS. THE ORGANIZATION'S OFFICERS ARE NOT COMPENSATED BY CANAL PARK, INC. OR BY ITS SUPPORTED ORGANIZATION, CANAL PARK DEVELOPMENT ASSOCIATION, INC. THE ORGANIZATION'S BOARD MEMBERS INCLUDE THE EXECUTIVE DIRECTOR OF CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT, WHICH DONATES IN-KIND SERVICES FUNDED IN LARGE PART BY A DC GRANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW OF FORM 990 THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY ITS OFFICERS AND THE ENTIRE BOARD BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCEDURE TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE CONFLICT OF INTEREST POLICY EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST STATEMENT AND RETURNS THE FORM AT THE ANNUAL MEETING. ANY REPORTED CONFLICTS OF INTEREST ARE MANAGED ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABILITY OF CERTAIN DOCUMENTS THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART III LINE 2 & 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CANAL PARK DEVELOPMENT ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0030506964
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01100 NEW JERSEY AVE SE 1000
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt013365000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CANAL PARK DEVELOPMENT ASSOCIATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt024611384
IRS990/TotalAssetsEOYAmt022693130
IRS990/TotalAssetsGrp/BOYAmt024611384
IRS990/TotalAssetsGrp/EOYAmt022693130
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt090852
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,693,130
Liabilities
$14,441,243
Net assets
$8,251,887
Revenue
$452,859
Expenses
$2,479,935
Net income
-$2,027,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.06$0.03$8.03$0.43$1.74$1.31
2024Detailed filing. Detailed filing data is available for this year.$9.36$0.03$9.33$0.52$1.79$1.27
2023Detailed filing. Detailed filing data is available for this year.$10.6$0.02$10.6$0.45$1.76$1.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.03$11.9$0.53$1.87$1.34
2021Detailed filing. Detailed filing data is available for this year.$13.3$0.07$13.2$0.15$1.43$1.28
2020Detailed filing. Detailed filing data is available for this year.$14.6$0.08$14.5$0.42$1.77$1.35
2019Detailed filing. Detailed filing data is available for this year.$15.9$0.09$15.8$0.46$1.81$1.35
2018Detailed filing. Detailed filing data is available for this year.$17.2$0.04$17.2$15.3$2.00$13.3
2017Detailed filing. Detailed filing data is available for this year.$19.0$14.5$4.51$0.31$2.10$1.79
2016Detailed filing. Detailed filing data is available for this year.$20.8$14.5$6.30$0.34$2.23$1.89
2015Detailed filing. Detailed filing data is available for this year.$22.7$14.4$8.25$0.45$2.48$2.03
2014Detailed filing. Detailed filing data is available for this year.$24.6$14.3$10.3$0.36$2.62$2.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.9$14.3$12.5$1.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$18.1$11.0$0.02