Civic Intelligence

Canal Park Inc.

990 • Fiscal year 2018 • EIN 27-0919952

Oct 01, 2017 to Sep 30, 2018 • Filed on Jul 24, 2019

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

8th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

98th percentile

87%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

10th percentile

-9.5%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

4893%

Faster revenue growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$17,213,321

Down $1,810,335 (-9.5%) from 2017

Net Assets

Up

$17,171,044

Up $12,664,454 (+281%) from 2017

Liabilities

Down

$42,277

Down $14,474,789 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin98th percentile

Revenue

Up

$15,314,610

Up $15,007,879 (+4893%) from 2017

Expenses

Down

$1,995,835

Down $104,361 (-5.0%) from 2017

Net Income

Up

$13,318,775

Up $15,112,240 (+843%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2018

Assets$17,213,321
Liabilities$42,277
Net Assets$17,171,044
Open 2018 Filing

Operations Trend

Revenue Growth100th 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

2018

Revenue$15,314,610
Expenses$1,995,835
Net Income$13,318,775
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jul 24, 2019
Return Version
2017v2.3
Gross Receipts
$15,314,610
Mission and Program Overview

Mission

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

Promote mgmt of green-space/public park for commnty, civic & public use in se d.c.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,951,057$16,972,645▼ $978,412
Savings and Temporary Cash Investments$392,148$186,511▼ $205,637
Prepaid Expenses and Deferred Charges$9,858$1,813▼ $8,045
Total Assets$19,023,656$17,213,321▼ $1,810,335
Other Assets Total$670,593$52,352▼ $618,241
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,365,000$0▼ $13,365,000
Accounts Payable and Accrued Expenses$17,266$28,598▲ $11,332
Other Liabilities$1,134,800$13,679▼ $1,121,121
Total Liabilities$14,517,066$42,277▼ $14,474,789
Net Assets / Fund Balance
Unrestricted Net Assets$4,506,590$17,171,044▲ $12,664,454
Total Net Assets Fund Balance$4,506,590$17,171,044▲ $12,664,454
Total Liabilities and Net Assets / Fund Balance$19,023,656$17,213,321▼ $1,810,335

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,167,561$7,970,262$18,137,823
Buildings$6,439,148$1,128,358$7,567,506
Equipment$365,936$308,143$674,079
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
W Christopher Smith Jrwc SmithChairperson of the Board
Chris VanarsdaleBoard Member
Janet Westonwc SmithBoard Member
Lesley MorrisonjbgBoard Member
Michael StevenscapbidBoard Member
Steve GreenBoard Member
Bradley Fennellwc SmithSecretary/bod Member
Terry Beaufordwc SmithTreasurer/bod Member
Revenue and Support

Revenue Composition

Contributions and Grants
$15,098,587
Program Service Revenue
$133,016
Investment Income
$242
Other Revenue
$82,765
All Other Contributions
$350,000
Change in Net Assets
$13,318,775

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$14,499,800Fair Market Value (FMV)
Total Noncash Contributions3$14,499,800-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,962,868
Salaries, Compensation, and Employee Benefits$32,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,372,072--$1,372,072
Fees for Services Management-$48,472-$48,472
Interest-$38,326-$38,326
Other Salaries and Wages$32,967--$32,967
Fees for Services Accounting-$22,181-$22,181
Insurance-$21,797-$21,797
Other Expenses$92,778$18,947-$18,947
Fees for Services Legal-$9,406-$9,406
Fees for Services Other$9,174--$9,174
All Other Expenses$7,853--$7,853
Office Expenses$1,301$779-$2,080
Total Functional Expenses$1,810,031$185,804$0$1,995,835
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
Securit Deposits$13,679
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Business relationship the organization's chairperson 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 11B

“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
Terry Beauford
Title
Treasurer
Phone
2023711220
Signed
2019-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Christopher Smith Jr
Formed
2009
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
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

“Canal park inc. Now owns and operates a public park in the disctrict of columbia which was previously run by it's related organization, canal park development association, inc, which was dissolved during the year.”

FORM 990, PART XI, LINE 9:

“Loss on derecognition of deferred loan costs and leasing commissions -654,321.”

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, 2018, 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 2015 through the current year remain open for examination by tax authorities.”

Raw XML AppendixShowing 400 of 470 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/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0573
IRS990/PYOtherExpensesAmt02076281
IRS990/PYOtherRevenueAmt0171555
IRS990/PYProgramServiceRevenueAmt0128203
IRS990/PYRevenuesLessExpensesAmt0-1793465
IRS990/PYSalariesCompEmpBnftPaidAmt023915
IRS990/PYTotalExpensesAmt02100196
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0306731
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt013318775
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt014748587
IRS990/RentalIncomeOrLossGrp/RealAmt019785
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0133016
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0392148
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0186511
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt090852
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0447252
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0137065
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0145283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0157655
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0157868
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0617898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0133016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0128203
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0175058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0191694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0119232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0747203
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0137065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0145283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0157655
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0157868
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0617898
IRS990ScheduleA/InvestmentIncomeCYPct00.30540
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt062979
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt035063
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt015365
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012658
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt084961
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0211026
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59030
IRS990ScheduleA/PublicSupportTotal509Amt01194455
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0483016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0134603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0175058
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0282546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0119232
IRS990ScheduleA/Total509Grp/TotalAmt01194455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0566022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0306731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0335706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0452859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0362061
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02023379
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06439148
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01128358
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07567506
IRS990ScheduleD/EquipmentGrp/BookValueAmt0365936
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0308143
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0674079
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010167561
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07970262
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018137823
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURIT DEPOSITS
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, 2018, 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 2015 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016972645
IRS990ScheduleD/TotalLiabilityAmt013679
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0ASSETS TRANSFERRED IN DISSOLUTION
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt014499800
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CANAL PARK INC. NOW OWNS AND OPERATES A PUBLIC PARK IN THE DISCTRICT OF COLUMBIA WHICH WAS PREVIOUSLY RUN BY IT'S RELATED ORGANIZATION, CANAL PARK DEVELOPMENT ASSOCIATION, INC, WHICH WAS DISSOLVED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS RELATIONSHIP THE ORGANIZATION'S CHAIRPERSON 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/ExplanationTxt5LOSS ON DERECOGNITION OF DEFERRED LOAN COSTS AND LEASING COMMISSIONS -654,321.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
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/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010890087
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CANAL PARK DEVELOPMENT ASSOCIATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019023656
IRS990/TotalAssetsEOYAmt017213321
IRS990/TotalAssetsGrp/BOYAmt019023656
IRS990/TotalAssetsGrp/EOYAmt017213321
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015098587
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,213,321
Liabilities
$42,277
Net assets
$17,171,044
Revenue
$15,314,610
Expenses
$1,995,835
Net income
$13,318,775
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