Civic Intelligence

Dearborn Public Schools Education Foundation

990 • Fiscal year 2014 • EIN 36-3857599

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

Organization ProfileN/A
18700 Audette Street48124

(313) 827-3022

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

95th percentile

$62,800

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 25.9% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$248,622

Up $101,425 (+69%) from 2013

Net Assets

Up

$240,662

Up $93,465 (+63%) from 2013

Liabilities

Up

$7,960

Up $7,960 from 2013

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin88th percentile

Revenue

$242,583

No earlier filing loaded for comparison.

Expenses

Down

$149,118

Down $5,727 (-3.7%) from 2013

Net Income

$93,465

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$300K$200K$100K$0Assets 2013: $147,197Liabilities 2013: $0Net Assets 2013: $147,1972013Assets 2014: $248,622Liabilities 2014: $7,960Net Assets 2014: $240,6622014Assets 2015: $187,336Liabilities 2015: $0Net Assets 2015: $187,3362015Assets 2016: $224,645Liabilities 2016: $23,345Net Assets 2016: $201,3002016Assets 2017: $196,351Liabilities 2017: $14,625Net Assets 2017: $181,7262017Assets 2018: $170,021Liabilities 2018: $11,885Net Assets 2018: $158,1362018Assets 2019: $182,948Liabilities 2019: $23,225Net Assets 2019: $159,7232019Assets 2020: $102,721Liabilities 2020: $17,175Net Assets 2020: $85,5462020Assets 2021: $145,590Liabilities 2021: $15,486Net Assets 2021: $130,1042021Assets 2022: $123,217Liabilities 2022: $13,402Net Assets 2022: $109,8152022Assets 2023: $114,303Liabilities 2023: $18,475Net Assets 2023: $95,8282023Assets 2024: $83,064Liabilities 2024: $21,896Net Assets 2024: $61,1682024

Highlighted filing

2014

Assets$248,622
Liabilities$7,960
Net Assets$240,662
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KExpenses 2013: $154,8452013Revenue 2014: $242,583Expenses 2014: $149,118Net Income 2014: $93,4652014Revenue 2015: $177,543Expenses 2015: $230,869Net Income 2015: -$53,3262015Revenue 2016: $168,981Expenses 2016: $155,017Net Income 2016: $13,9642016Revenue 2017: $145,138Expenses 2017: $164,712Net Income 2017: -$19,5742017Revenue 2018: $135,199Expenses 2018: $158,789Net Income 2018: -$23,5902018Revenue 2019: $197,431Expenses 2019: $195,844Net Income 2019: $1,5872019Revenue 2020: $112,119Expenses 2020: $186,296Net Income 2020: -$74,1772020Revenue 2021: $206,924Expenses 2021: $162,366Net Income 2021: $44,5582021Revenue 2022: $170,279Expenses 2022: $190,568Net Income 2022: -$20,2892022Revenue 2023: $268,478Expenses 2023: $284,665Net Income 2023: -$16,1872023Revenue 2024: $301,895Expenses 2024: $340,055Net Income 2024: -$38,1602024

Highlighted filing

2014

Revenue$242,583
Expenses$149,118
Net Income$93,465
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$315,950
Mission and Program Overview

Mission

To provide additional resources for school expenditures and program support not covered by the school district operating budget.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$135,697$246,608▲ $110,911
Prepaid Expenses and Deferred Charges$11,500$2,014▼ $9,486
Total Assets$147,197$248,622▲ $101,425
Liabilities
Accounts Payable and Accrued Expenses$0$7,960▲ $7,960
Total Liabilities$0$7,960▲ $7,960
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$129,396-
Unrestricted Net Assets$147,197$111,266▼ $35,931
Total Net Assets Fund Balance$147,197$240,662▲ $93,465
Total Liabilities and Net Assets / Fund Balance$147,197$248,622▲ $101,425
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Eddie FakhouryExecutive DirectorFT$62,800$62,800

Board Members and Trustees

NameTitle
Brian MosallamChair
Ali SayedDirector
Brian WhistonDirector
Caryn SolferinoDirector
Christine SipperlyDirector
Gary HarveyDirector
JOHN B JACK O'REILLY JRDirector
Jim SchoolmasterDirector
Lou HaidousDirector
Mallak BeydounDirector
Mike BewickDirector
Nader AbadiDirector
Raad AlawanDirector
Radewin AwadaDirector
Robert MundtDirector
Ron GutkowskiDirector
Sharon DulmageDirector
Sonny MandouhDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$117,803
Program Service Revenue
$0
Investment Income
$61
Other Revenue
$124,719
All Other Contributions
$111,043
Change in Net Assets
$93,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$242,583
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$73,367
Total Revenue per Audited Statements
$315,950
Total Revenue per Form 990
$242,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$84,019
Total Fundraising Expense$65,737
Grants and Similar Amounts Paid$57,275
Other Expenses$7,824
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$21,005$63,014$84,019
Grants to Domestic Orgs$53,525--$53,525
Grants to Domestic Individuals$3,750--$3,750
Office Expenses-$177$2,083$2,260
Fees for Services Management-$1,979$100$2,079
Fees for Service Investment Mgmnt Fees-$1,215-$1,215
Conferences and Meetings-$933-$933
Travel-$125$540$665
Insurance-$602-$602
Fees for Services Legal-$50-$50
Fees for Services Accounting-$20-$20
Total Functional Expenses$57,275$26,106$65,737$149,118

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$222,484
Expenses per Audited Statements$149,118
Total Expenses per Form 990$149,118
Expenses Not Reported on Form 990$73,366
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-6004193-501 (c)(3)Music Departmental Grants, Laminators, and Promethean Boards$53,525
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150,086
Fundraising Direct Expenses$48,367
Gaming Gross Income$48,000
Gaming Direct Expenses$25,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$88,904$88,904$1,887$87,017
Event 1$36,907$36,907$240$36,667
Total Events$156,846$150,086$48,367$101,719
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The 990 is reviewed by the executive director before filing.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

EIN
36-3857599
Phone
3138273022

Signing Officer

Name
Eddie Fakhoury
Title
Excutive Director
Phone
3138273022
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eddie Fakhoury
Formed
1992
Legal Domicile
Mi
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Preparer
Teresa Pollock
Phone
7346659494
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation has received a determination letter that it is exempt from federal income taxes under the provisions of section 501(c)3 of the internal revenue code. The foundation is similarly exempt from michigan taxes. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation and has concluded that as of june 30, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the foundation is no longer subject to income tax examinations for fiscal years prior to 2011.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising and gaming expenses reported on part viii 73,367.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising and gaming expenses reported on part viii 73,366.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt06760
IRS990/FundraisingDirectExpensesAmt048367
IRS990/FundraisingGrossIncomeAmt0150086
IRS990/GamingActivitiesInd01
IRS990/GamingDirectExpensesAmt025000
IRS990/GamingGrossIncomeAmt048000
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt057275
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03750
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt053525
IRS990/GrantsToDomesticOrgsGrp/TotalAmt053525
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0315950
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0602
IRS990/InsuranceGrp/TotalAmt0602
IRS990/InvestmentIncomeGrp/ExclusionAmt061
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt01
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ADDITIONAL RESOURCES FOR SCHOOL EXPENDITURES AND PROGRAM SUPPORT NOT COVERED BY THE SCHOOL DISTRICT OPERATING BUDGET.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0147197
IRS990/NetAssetsOrFundBalancesEOYAmt0240662
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0101719
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0101719
IRS990/NetIncomeFromGamingGrp/ExclusionAmt023000
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt023000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02083
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0177
IRS990/OfficeExpensesGrp/TotalAmt02260
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02014
IRS990/PrincipalOfficerNm0EDDIE FAKHOURY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0101407
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018
IRS990/PYOtherExpensesAmt0154845
IRS990/PYOtherRevenueAmt0102798
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt049378
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0154845
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0204223
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt093465
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0FUNDRAISING INCOME GAMING INCOME MISCELLANEOUS INCOME
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0117803
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0101407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt060237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0141334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0159042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0579823
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01146
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt063
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01329
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.99950
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0198086
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0151210
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0133378
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt099994
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0582668
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.49820
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0579823
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0117803
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0101407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt060237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0141334
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0159042
IRS990ScheduleA/Total509Grp/TotalAmt0579823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0315950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0252635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0194761
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0241369
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0159105
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01163820
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt073366
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0149118
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt073366
IRS990ScheduleD/OtherRevenueAmt073367
IRS990ScheduleD/RevenueNotReportedAmt073367
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0242583
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS SIMILARLY EXEMPT FROM MICHIGAN TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING AND GAMING EXPENSES REPORTED ON PART VIII 73,367.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING AND GAMING EXPENSES REPORTED ON PART VIII 73,366.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0149118
IRS990ScheduleD/TotalRevenuePerForm990Amt0242583

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$248,622
Liabilities
$7,960
Net assets
$240,662
Revenue
$242,583
Expenses
$149,118
Net income
$93,465
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.22$0.61$3.02$3.40$0.38
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.18$0.96$2.68$2.85$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.13$1.10$1.70$1.91$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.15$1.30$2.07$1.62$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.17$0.86$1.12$1.86$0.74
2019Detailed filing. Detailed filing data is available for this year.$1.83$0.23$1.60$1.97$1.96$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.12$1.58$1.35$1.59$0.24
2017Detailed filing. Detailed filing data is available for this year.$1.96$0.15$1.82$1.45$1.65$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.25$0.23$2.01$1.69$1.55$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$1.78$2.31$0.53
2014Detailed filing. Detailed filing data is available for this year.$2.49$0.08$2.41$2.43$1.49$0.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$1.55