Civic Intelligence

Franklinton Development Association

990 • Fiscal year 2017 • EIN 31-1380384

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 31, 2018

Organization Profile

Refreshing map…

1091 West Broad StreetColumbus, OH 43222

(614) 275-4988

Siviq Scores

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

Liabilities / Assets

86th percentile

0.80x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

6.73x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

7th percentile

-37%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

7th percentile

-13%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-2.6%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$5,139,687

Down $750,835 (-13%) from 2016

Net Assets

Down

$1,006,936

Down $226,136 (-18%) from 2016

Liabilities

Down

$4,132,751

Down $524,699 (-11%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin7th percentile

Revenue

Down

$614,437

Down $16,313 (-2.6%) from 2016

Expenses

Up

$840,573

Up $172,667 (+26%) from 2016

Net Income

Down

-$226,136

Down $188,980 (-509%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$15M$10M$5.0M$0Assets 2016: $5,890,522Liabilities 2016: $4,657,450Net Assets 2016: $1,233,0722016Assets 2017: $5,139,687Liabilities 2017: $4,132,751Net Assets 2017: $1,006,9362017Assets 2019: $5,883,313Liabilities 2019: $5,004,572Net Assets 2019: $878,7412019Assets 2020: $6,880,640Liabilities 2020: $5,858,036Net Assets 2020: $1,022,6042020Assets 2021: $6,206,426Liabilities 2021: $5,074,201Net Assets 2021: $1,132,2252021Assets 2022: $7,750,057Liabilities 2022: $6,581,534Net Assets 2022: $1,168,5232022Assets 2024: $10,235,583Liabilities 2024: $8,808,021Net Assets 2024: $1,427,5622024

Highlighted filing

2017

Assets$5,139,687
Liabilities$4,132,751
Net Assets$1,006,936
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $630,750Expenses 2016: $667,906Net Income 2016: -$37,1562016Revenue 2017: $614,437Expenses 2017: $840,573Net Income 2017: -$226,1362017Revenue 2019: $512,341Expenses 2019: $503,211Net Income 2019: $9,1302019Revenue 2020: $594,698Expenses 2020: $451,664Net Income 2020: $143,0342020Revenue 2021: $565,534Expenses 2021: $457,710Net Income 2021: $107,8242021Revenue 2022: $576,639Expenses 2022: $534,002Net Income 2022: $42,6372022Revenue 2024: $950,248Expenses 2024: $846,391Net Income 2024: $103,8572024

Highlighted filing

2017

Revenue$614,437
Expenses$840,573
Net Income-$226,136
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 31, 2018
Return Version
2017v2.3
Gross Receipts
$614,437
Mission and Program Overview

Mission

The franklinton development association is a community development coporation formed to lead the revitalization of the franklinton neighborhhood of columubs ohio through the creation of affordable housing and commercial development for economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,205,269$2,615,784▼ $589,485
Land, Buildings, and Equipment, Net$1,115,364$1,736,525▲ $621,161
Cash and Non-Interest-Bearing Accounts$493,838$691,236▲ $197,398
Savings and Temporary Cash Investments$21,698$24,278▲ $2,580
Accounts Receivable$31,912$20,556▼ $11,356
Total Assets$5,890,522$5,139,687▼ $750,835
Other Assets Total$1,022,441$51,308▼ $971,133
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,553,919$4,106,635▼ $447,284
Accounts Payable and Accrued Expenses$103,531$26,116▼ $77,415
Total Liabilities$4,657,450$4,132,751▼ $524,699
Net Assets / Fund Balance
Unrestricted Net Assets$1,233,072$1,006,936▼ $226,136
Total Net Assets Fund Balance$1,233,072$1,006,936▼ $226,136
Total Liabilities and Net Assets / Fund Balance$5,890,522$5,139,687▼ $750,835

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,711,506$366,457$2,077,963
Land$24,369-$24,369
Other Land Buildings$650$4,649$5,299
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
John StoreyExecutive DiFT$74,323$74,323

Board Members and Trustees

NameTitle
George MatteiPresident
Colin MorelockTrustee
Joy ChiversTrustee
Lauren EdwardsTrustee
Pauline EdwardsTrustee
Sister Barbara HahlTrustee
Tamara MaynardTrustee
Greg PhillipsSecretary
Chris OfatTreasurer
Bruce WarnerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$490,235
Program Service Revenue
$121,622
Investment Income
$2,580
Other Revenue
$0
All Other Contributions
$219,955
Change in Net Assets
$-226,136

Audited Revenue Reconciliation

Revenue per Audited Statements
$208,793
Revenue Not Reported on Financial Statements
$405,644
Other Revenue Adjustments
$405,644
Total Revenue per Audited Statements
$208,793
Total Revenue per Form 990
$614,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$640,830
Salaries, Compensation, and Employee Benefits$199,743
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,265$21,808-$96,073
Current Officers, Directors, Trustees, and Key Employees$57,454$16,869-$74,323
Depreciation Depletion$67,056$1,729-$68,785
All Other Expenses$25,617$11,021-$36,638
Fees for Services Accounting$20,179$5,925-$26,104
Occupancy$20,258--$20,258
Interest$3,322$15,740-$19,062
Other Employee Benefits$12,482$3,665-$16,147
Payroll Taxes$10,204$2,996-$13,200
Other Expenses$8,925$2,421-$8,925
Insurance$4,777$1,402-$6,179
Fees for Services Other$3,071$902-$3,973
Fees for Services Legal$2,172$638-$2,810
Total Functional Expenses$755,457$85,116$0$840,573

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$840,573
Expenses per Audited Statements$434,929
Total Expenses per Audited Statements$434,929
Expenses Not Reported on Financial Statements$405,644
Other Expense Adjustments$405,644
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“The 990 tax return is reviewed by the board before filing.”

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

“Contracts, actions or transactions are void or voidable with respect to the corporation if the material facts as to the relationship of personal or financial interests of the director or officer is not disclosed.”

Form 990, Page 6, Part VI, Line 15A

“The compensation of the executive director is determined and approved by the board of directors and is subject to annual performance reveiw by the board. Requests for staff salary adjusments are made to the board by the executive director and are reveiwed and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Officers of the board are not compensated”

Form 990, Page 6, Part VI, Line 19

“Governing documents, policies, financial information and tax filings are made available to the public up0n request”

Form 990, Part VIII

“Ln 24a - the organization sold the columbus idea foundry in 2015. The organization financed part of this sales transaction for 875,000 note receivable with a 20 year term. In may 2017 the board of directors discounted the original idea foundry note receivable for a current cash payment of 575,000 resulting in a write down of 251,361.”

Filing and Contact Details

Filer

Filer Name
Franklinton Development Association
EIN
31-1380384
Phone
6142754988
Address
1091 WEST BROAD STREET, COLUMBUS, OH 43222

Signing Officer

Name
John Storey
Title
Executive Director
Phone
6142754988
Signed
2018-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Mattei
Formed
1993
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
3

Preparer

Firm
Mark P Murphy & Associates CPA
Address
1051 OLD HENDERSON RD STE A, COLUMBUS, OH 43220
Preparer
Mark P Murphy
Phone
6144593182
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The franklinton development association is a community development coporation formed to lead the revitalization of the franklinton neighborhhood of columubs ohio through the creation of affordable housing and commercial development for economic growth.”

Form 990, Page 1, Part I, Line 6

“Volunteers were utilized to survey neighborhood parcels for the loveland technology survey for database information.”

Form 990, Part XI, Line 9

“Refundable grants,development fees & loss 0 reported net in audited financials -405,644 cost of housing units sold-reported net 0 in audited financials 405,644”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

“Refundable grants,development fees & loss 0 reported net in audited financials 405,644”

Schedule D, Page 4, Part XII, Line 4B

“Cost of housing units sold-reported net 0 in audited financials 405,644”

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IRS990/OtherSalariesAndWagesGrp/TotalAmt096073
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03205269
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02615784
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02996
IRS990/PayrollTaxesGrp/ProgramServicesAmt010204
IRS990/PayrollTaxesGrp/TotalAmt013200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GEORGE MATTEI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTALS
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc2MISC FOUNDRY SALE INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt074856
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137781
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137781
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28985
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE LOW INCOME RENTAL HOUSING FOR QUALIFIED TENANTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0128713
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt074856
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0235211
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0219948
IRS990/PYOtherExpensesAmt0464570
IRS990/PYProgramServiceRevenueAmt0175591
IRS990/PYRevenuesLessExpensesAmt0-37156
IRS990/PYSalariesCompEmpBnftPaidAmt0200336
IRS990/PYTotalExpensesAmt0667906
IRS990/PYTotalProfFndrsngExpnsAmt03000
IRS990/PYTotalRevenueAmt0630750
IRS990/ReconcilationRevenueExpnssAmt0-226136
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt046766
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021698
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024278
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CONSULTING FEE 54,668 DEVELOPER FEES 394,898 OTHER 32,857
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0490235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0304363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0809248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01390347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03229404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt077436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064948
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt061918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053251
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt072472
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0330025
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0124202
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt046766
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0112341
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0150326
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0110009
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt062981
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0482423
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79900
IRS990ScheduleA/PublicSupportPY170Pct00.78250
IRS990ScheduleA/PublicSupportTotal170Amt03229404
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0490235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0304363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0809248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01390347
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03229404
IRS990ScheduleA/TotalSupportAmt04041852
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01711506
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0366457
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02077963
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0405644
IRS990ScheduleD/ExpensesSubtotalAmt0434929
IRS990ScheduleD/LandGrp/BookValueAmt024369
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt024369
IRS990ScheduleD/OtherExpensesNotIncludedAmt0405644
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0650
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04649
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05299
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0405644
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0405644
IRS990ScheduleD/RevenueSubtotalAmt0208793
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REFUNDABLE GRANTS,DEVELOPMENT FEES & LOSS 0 REPORTED NET IN AUDITED FINANCIALS 405,644
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF HOUSING UNITS SOLD-REPORTED NET 0 IN AUDITED FINANCIALS 405,644
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01736525
IRS990ScheduleD/TotalExpensesPerForm990Amt0840573
IRS990ScheduleD/TotalRevenuePerForm990Amt0614437
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0208793
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0434929
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FRANKLINTON DEVELOPMENT ASSOCIATION IS A COMMUNITY DEVELOPMENT COPORATION FORMED TO LEAD THE REVITALIZATION OF THE FRANKLINTON NEIGHBORHHOOD OF COLUMUBS OHIO THROUGH THE CREATION OF AFFORDABLE HOUSING AND COMMERCIAL DEVELOPMENT FOR ECONOMIC GROWTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS WERE UTILIZED TO SURVEY NEIGHBORHOOD PARCELS FOR THE LOVELAND TECHNOLOGY SURVEY FOR DATABASE INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 TAX RETURN IS REVIEWED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTS, ACTIONS OR TRANSACTIONS ARE VOID OR VOIDABLE WITH RESPECT TO THE CORPORATION IF THE MATERIAL FACTS AS TO THE RELATIONSHIP OF PERSONAL OR FINANCIAL INTERESTS OF THE DIRECTOR OR OFFICER IS NOT DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS AND IS SUBJECT TO ANNUAL PERFORMANCE REVEIW BY THE BOARD. REQUESTS FOR STAFF SALARY ADJUSMENTS ARE MADE TO THE BOARD BY THE EXECUTIVE DIRECTOR AND ARE REVEIWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS OF THE BOARD ARE NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, POLICIES, FINANCIAL INFORMATION AND TAX FILINGS ARE MADE AVAILABLE TO THE PUBLIC UP0N REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LN 24A - THE ORGANIZATION SOLD THE COLUMBUS IDEA FOUNDRY IN 2015. THE ORGANIZATION FINANCED PART OF THIS SALES TRANSACTION FOR 875,000 NOTE RECEIVABLE WITH A 20 YEAR TERM. IN MAY 2017 THE BOARD OF DIRECTORS DISCOUNTED THE ORIGINAL IDEA FOUNDRY NOTE RECEIVABLE FOR A CURRENT CASH PAYMENT OF 575,000 RESULTING IN A WRITE DOWN OF 251,361.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REFUNDABLE GRANTS,DEVELOPMENT FEES & LOSS 0 REPORTED NET IN AUDITED FINANCIALS -405,644 COST OF HOUSING UNITS SOLD-REPORTED NET 0 IN AUDITED FINANCIALS 405,644
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FDA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0FRANKLINTON DEVELOPMENT ASSOCIATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0937 W BROAD LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0OWNS BLDG
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0480 WEST TOWN STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0COLUMBUS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd043215
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0FDA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine2Txt0FRANKLINTON DEV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0272911008
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.00510
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0FDA-BOULEVARD HOMES CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt02618103
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0924 WEST BROAD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0COLUMBUS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd043222
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$5,139,687
Liabilities
$4,132,751
Net assets
$1,006,936
Revenue
$614,437
Expenses
$840,573
Net income
-$226,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$8.81$1.43$0.95$0.85$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$6.58$1.17$0.58$0.53$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$5.07$1.13$0.57$0.46$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.88$5.86$1.02$0.59$0.45$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.88$5.00$0.88$0.51$0.50$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.14$4.13$1.01$0.61$0.84$0.23
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$4.66$1.23$0.63$0.67$0.04