Civic Intelligence

The Continental Foundation

990 • Fiscal year 2017 • EIN 33-0876288

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 25, 2018

Organization ProfileN/A
2 ButterflyIrvine, CA 92604

(949) 929-6015

Siviq Scores

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

Liabilities / Assets

96th percentile

1.49x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

4.60x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$55,943

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

19th percentile

-5.0%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

49th percentile

4.2%

Faster revenue growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$4,377,149

Down $232,167 (-5.0%) from 2016

Net Assets

Down

-$2,163,009

Down $280,872 (-15%) from 2016

Liabilities

Up

$6,540,158

Up $48,705 (+0.8%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin14th percentile

Revenue

Up

$1,421,607

Up $57,149 (+4.2%) from 2016

Expenses

Up

$1,702,479

Up $126,040 (+8.0%) from 2016

Net Income

Down

-$280,872

Down $68,891 (-32%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $6,315,251Liabilities 2011: $6,635,200Net Assets 2011: -$319,9492011Assets 2012: $5,907,125Liabilities 2012: $6,588,435Net Assets 2012: -$681,3102012Assets 2013: $5,776,487Liabilities 2013: $6,801,811Net Assets 2013: -$1,025,3242013Assets 2014: $5,201,041Liabilities 2014: $6,723,874Net Assets 2014: -$1,522,8332014Assets 2015: $4,885,388Liabilities 2015: $6,555,544Net Assets 2015: -$1,670,1562015Assets 2016: $4,609,316Liabilities 2016: $6,491,453Net Assets 2016: -$1,882,1372016Assets 2017: $4,377,149Liabilities 2017: $6,540,158Net Assets 2017: -$2,163,0092017Assets 2018: $4,072,078Liabilities 2018: $6,437,518Net Assets 2018: -$2,365,4402018Assets 2019: $3,702,325Liabilities 2019: $6,527,775Net Assets 2019: -$2,825,4502019Assets 2020: $3,823,354Liabilities 2020: $8,633,956Net Assets 2020: -$4,810,6022020Assets 2021: $3,292,451Liabilities 2021: $9,010,390Net Assets 2021: -$5,717,9392021Assets 2022: $3,071,895Liabilities 2022: $9,245,005Net Assets 2022: -$6,173,1102022Assets 2023: $52,651Liabilities 2023: $17,651Net Assets 2023: $35,0002023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$4,377,149
Liabilities$6,540,158
Net Assets-$2,163,009
Open 2017 Filing

Operations Trend

Revenue Growth49th percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $1,672,1522011Expenses 2012: $1,537,0082012Revenue 2013: $1,247,738Expenses 2013: $1,591,752Net Income 2013: -$344,0142013Revenue 2014: $1,261,819Expenses 2014: $1,759,328Net Income 2014: -$497,5092014Revenue 2015: $1,305,819Expenses 2015: $1,453,142Net Income 2015: -$147,3232015Revenue 2016: $1,364,458Expenses 2016: $1,576,439Net Income 2016: -$211,9812016Revenue 2017: $1,421,607Expenses 2017: $1,702,479Net Income 2017: -$280,8722017Revenue 2018: $1,394,894Expenses 2018: $1,597,325Net Income 2018: -$202,4312018Revenue 2019: $1,361,428Expenses 2019: $1,821,438Net Income 2019: -$460,0102019Revenue 2020: $769,512Expenses 2020: $2,053,192Net Income 2020: -$1,283,6802020Revenue 2021: $1,485,191Expenses 2021: $2,392,528Net Income 2021: -$907,3372021Revenue 2022: $1,374,058Expenses 2022: $1,855,711Net Income 2022: -$481,6532022Revenue 2023: $7,813,624Expenses 2023: $1,605,514Net Income 2023: $6,208,1102023Revenue 2024: $0Expenses 2024: $35,000Net Income 2024: -$35,0002024

Highlighted filing

2017

Revenue$1,421,607
Expenses$1,702,479
Net Income-$280,872
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 25, 2018
Return Version
2017v2.2
Gross Receipts
$1,421,607
Mission and Program Overview

Mission

The purpose of the organization is to operate and maintain low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,902,493$3,670,930▼ $231,563
Savings and Temporary Cash Investments$274,003$252,237▼ $21,766
Cash and Non-Interest-Bearing Accounts$29,696$59,460▲ $29,764
Accounts Receivable$8,539$18,567▲ $10,028
Prepaid Expenses and Deferred Charges$8,122$12,101▲ $3,979
Loans From Officers Directors$5,300$9,465▲ $4,165
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-1,882,137$-2,163,009▼ $280,872
Total Assets$4,609,316$4,377,149▼ $232,167
Other Assets Total$386,463$363,854▼ $22,609
Liabilities
Tax Exempt Bond Liabilities$6,250,000$6,170,000▼ $80,000
Accounts Payable and Accrued Expenses$163,703$269,546▲ $105,843
Other Liabilities$72,450$91,147▲ $18,697
Total Liabilities$6,491,453$6,540,158▲ $48,705
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,882,137$-2,163,009▼ $280,872
Total Liabilities and Net Assets / Fund Balance$4,609,316$4,377,149▼ $232,167

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,109,681$2,780,263-
Other Land Buildings$11,513$107,894-
Land$537,130--
Equipment-$11,640-
Leasehold Improvements$1,012,606$266,345-
Other Assets Org$358,879--
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elinor ConroyPresidentPT$52,306$3,637$55,943

Board Members and Trustees

NameTitle
Charles W Blenkhorn IiMember
Tabitha HesterSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$158,811
Program Service Revenue
$1,256,284
Investment Income
$1,003
Other Revenue
$5,509
Change in Net Assets
$-280,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,421,607
Total Revenue per Audited Statements
$1,421,607
Total Revenue per Form 990
$1,421,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,452,655
Salaries, Compensation, and Employee Benefits$249,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$435,447--$435,447
Depreciation Depletion$231,563--$231,563
Occupancy$183,869--$183,869
Other Salaries and Wages$163,463--$163,463
Insurance$92,491$1,465-$93,956
Current Officers, Directors, Trustees, and Key Employees-$55,943-$55,943
Fees for Services Management-$43,281-$43,281
Fees for Services Other-$24,409-$24,409
Other Employee Benefits$18,222--$18,222
Office Expenses$13,309$4,829-$18,138
Advertising$17,702--$17,702
Fees for Services Legal-$12,516-$12,516
Payroll Taxes$12,196--$12,196
Fees for Services Accounting-$8,900-$8,900
Information Technology$7,994--$7,994
Other Expenses$5,217--$5,217
All Other Expenses$2,149$3,000-$5,149
Travel$4,646--$4,646
Total Functional Expenses$1,548,136$154,343$0$1,702,479

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,702,479
Expenses per Audited Statements$1,698,449
Total Expenses per Audited Statements$1,698,449
Expenses Not Reported on Financial Statements$4,030
Other Expense Adjustments$4,030
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,300$9,465▲ $4,165
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Mortgage Interest$34,963
Tenant Security Deposits$26,671
Deferred Insurance Reimb$14,772
Accrued Payroll$7,452
Prepaid Rent$7,289

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALouisiana Local Govt Env2011-12-01$6,500,000REFINANCE 501(C)(3)

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,500,000-$330,000-

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
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
No
Audit committee
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of the information return is provided to the governing board for review and approval prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents and financial statements available to the public upon request.”

Part VI, Section B, Line 14

“Multifamily management, inc. Processes and retains all financial data for the organization.”

Filing and Contact Details

Filer

Filer Name
The Continental Foundation
EIN
33-0876288
Phone
9499296015
Address
2 BUTTERFLY, IRVINE, CA 92604

Signing Officer

Name
Elinor Conroy
Title
President
Signed
2018-07-25
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Steven D Mocalis
Address
302 Avenida de la Estrella, SAN CLEMENTE, CA 92672-3929
Preparer
Steven D Mocalis
Phone
9494855522
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The organization has adopted guidance on accounting for uncertainty in income taxes issued by the financial accounting standards board. Management believes that the organization has taken no uncertain tax position that require adjustments to the financial statements to comply with provisions of this guidance. Certain prior year information returns filed by the organization are subject to examination by taxing authorities.”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Insurance $392 office expenses $3638”

Raw XML AppendixShowing 400 of 572 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/OtherSalariesAndWagesGrp/ProgramServicesAmt0163463
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163463
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt012196
IRS990/PayrollTaxesGrp/TotalAmt012196
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08122
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012101
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME-APARTMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01256284
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01256284
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0147336
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt026
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01330582
IRS990/PYOtherRevenueAmt012010
IRS990/PYProgramServiceRevenueAmt01205086
IRS990/PYRevenuesLessExpensesAmt0-211981
IRS990/PYSalariesCompEmpBnftPaidAmt0245857
IRS990/PYTotalExpensesAmt01576439
IRS990/PYTotalRevenueAmt01364458
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-280872
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01256284
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1882137
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-2163009
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0274003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0252237
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SUPPORT INFORMATION HAS BEEN MOVED FROM PART II TO PART III AND RECLASSIFED FOR YEARS 2008 THROUGH 2011 TO BE CONSISTENT WITH CURRENT YEAR PRESENTATION.THE ORGANIZATION RECEIVES GRANT FUNDING FROM VARIOUS HOUSING AUTHORITIES LOCATED IN LOUISIANA. GRANT FUNDING INFORMATION AND THE AMOUNTS FOR YEARS 2008 THROUGH 2011 WAS NOT AVAILABLE TO COMPLETE THIS SCHEDULE. SUCH INFORMATION IS INCLUDED IN LINE 2.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Additional Supplemental Information
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0158811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0147336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0110744
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0140596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0125904
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0683391
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01003
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01256284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01205086
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01187789
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01107876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01114990
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05872025
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01127
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05509
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07255
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt013285
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06839
IRS990ScheduleA/OtherIncome509Grp/TotalAmt044898
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99300
IRS990ScheduleA/PublicSupportPY509Pct00.99150
IRS990ScheduleA/PublicSupportTotal509Amt06555416
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01415095
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01352422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01298533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01248472
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01240894
IRS990ScheduleA/Total509Grp/TotalAmt06555416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01421607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01364458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01305819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01261819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01247738
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06601441
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02109681
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02780263
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04889944
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011640
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011640
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04030
IRS990ScheduleD/ExpensesSubtotalAmt01698449
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0537130
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0537130
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01012606
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0266345
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01278951
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04975
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1358879
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UNAMORTIZED BOND COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSIT
IRS990ScheduleD/OtherExpensesNotIncludedAmt04030
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011513
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0107894
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0119407
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034963
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214772
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt37289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt426671
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MORTGAGE INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INSURANCE REIMB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01421607
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITION THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. CERTAIN PRIOR YEAR INFORMATION RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INSURANCE $392 OFFICE EXPENSES $3638
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03670930
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0363854
IRS990ScheduleD/TotalExpensesPerForm990Amt01702479
IRS990ScheduleD/TotalLiabilityAmt091147
IRS990ScheduleD/TotalRevenuePerForm990Amt01421607
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01421607
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01698449
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0SCHEDULE K, PART I, BOND ISSUES:(A) ISSUER NAME:LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT(F) DESCRIPTION OF PURPOSE: REFINANCE 501(C)(3)SCHEDULE K, PART IV, ARBITRAGE:2 (C) REBATE COMPUTATION WAS PERFORMED ON DECEMBER 1, 2016
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02011-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0721416168
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0546282PF5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$4,377,149
Liabilities
$6,540,158
Net assets
-$2,163,009
Revenue
$1,421,607
Expenses
$1,702,479
Net income
-$280,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.04$7.81$1.61$6.21
2022Detailed filing. Detailed filing data is available for this year.$3.07$9.25$6.17$1.37$1.86$0.48
2021Detailed filing. Detailed filing data is available for this year.$3.29$9.01$5.72$1.49$2.39$0.91
2020Detailed filing. Detailed filing data is available for this year.$3.82$8.63$4.81$0.77$2.05$1.28
2019Detailed filing. Detailed filing data is available for this year.$3.70$6.53$2.83$1.36$1.82$0.46
2018Detailed filing. Detailed filing data is available for this year.$4.07$6.44$2.37$1.39$1.60$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.38$6.54$2.16$1.42$1.70$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.61$6.49$1.88$1.36$1.58$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.89$6.56$1.67$1.31$1.45$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.20$6.72$1.52$1.26$1.76$0.50
2013Detailed filing. Detailed filing data is available for this year.$5.78$6.80$1.03$1.25$1.59$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$6.59$0.68$1.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$6.64$0.32$1.67