Civic Intelligence

Detroit Development Fund

990 • Fiscal year 2023 • EIN 38-3322605

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 14, 2024

Organization Profiledetroitdevelopmentfund.com
3031 W Grand Blvd 505Detroit, MI 48202

(313) 784-9592

Siviq Scores

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

Liabilities / Assets

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

2.54x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

85th percentile

35%

Higher net margin than 85% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

51st percentile

$183,506

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

28%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$20,285,195

Up $2,133,812 (+12%) from 2022

Net Assets

Up

$9,729,340

Up $727,687 (+8.1%) from 2022

Liabilities

Up

$10,555,855

Up $1,406,125 (+15%) from 2022

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin85th percentile

Revenue

Up

$4,151,318

Up $916,678 (+28%) from 2022

Expenses

Up

$2,690,924

Up $285,232 (+12%) from 2022

Net Income

Up

$1,460,394

Up $631,446 (+76%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$30M$20M$10M$0Assets 2010: $14,533,808Liabilities 2010: $6,874,935Net Assets 2010: $7,658,8732010Assets 2011: $15,820,069Liabilities 2011: $8,334,070Net Assets 2011: $7,485,9992011Assets 2012: $16,645,115Liabilities 2012: $9,802,676Net Assets 2012: $6,842,4392012Assets 2013: $15,680,672Liabilities 2013: $10,159,655Net Assets 2013: $5,521,0172013Assets 2014: $16,037,303Liabilities 2014: $11,036,256Net Assets 2014: $5,001,0472014Assets 2015: $19,213,585Liabilities 2015: $10,695,252Net Assets 2015: $8,518,3332015Assets 2016: $21,380,112Liabilities 2016: $11,230,559Net Assets 2016: $10,149,5532016Assets 2017: $24,841,420Liabilities 2017: $11,486,410Net Assets 2017: $13,355,0102017Assets 2018: $22,095,710Liabilities 2018: $11,438,678Net Assets 2018: $10,657,0322018Assets 2019: $18,710,763Liabilities 2019: $10,528,026Net Assets 2019: $8,182,7372019Assets 2020: $19,308,406Liabilities 2020: $11,024,362Net Assets 2020: $8,284,0442020Assets 2021: $19,500,518Liabilities 2021: $10,863,522Net Assets 2021: $8,636,9962021Assets 2022: $18,151,383Liabilities 2022: $9,149,730Net Assets 2022: $9,001,6532022Assets 2023: $20,285,195Liabilities 2023: $10,555,855Net Assets 2023: $9,729,3402023Assets 2024: $19,889,714Liabilities 2024: $9,246,178Net Assets 2024: $10,643,5362024

Highlighted filing

2023

Assets$20,285,195
Liabilities$10,555,855
Net Assets$9,729,340
Open 2023 Filing

Operations Trend

Revenue Growth79th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,698,7182010Expenses 2011: $1,889,3692011Expenses 2012: $1,783,7852012Revenue 2013: $1,291,498Expenses 2013: $2,433,115Net Income 2013: -$1,141,6172013Revenue 2014: $2,322,701Expenses 2014: $2,192,548Net Income 2014: $130,1532014Revenue 2015: $6,350,689Expenses 2015: $2,503,224Net Income 2015: $3,847,4652015Revenue 2016: $5,125,474Expenses 2016: $2,959,883Net Income 2016: $2,165,5912016Revenue 2017: $6,935,859Expenses 2017: $3,660,598Net Income 2017: $3,275,2612017Revenue 2018: $1,781,233Expenses 2018: $3,588,923Net Income 2018: -$1,807,6902018Revenue 2019: $1,512,237Expenses 2019: $3,301,507Net Income 2019: -$1,789,2702019Revenue 2020: $3,242,938Expenses 2020: $3,039,382Net Income 2020: $203,5562020Revenue 2021: $2,941,920Expenses 2021: $2,203,336Net Income 2021: $738,5842021Revenue 2022: $3,234,640Expenses 2022: $2,405,692Net Income 2022: $828,9482022Revenue 2023: $4,151,318Expenses 2023: $2,690,924Net Income 2023: $1,460,3942023Revenue 2024: $4,914,508Expenses 2024: $2,873,865Net Income 2024: $2,040,6432024

Highlighted filing

2023

Revenue$4,151,318
Expenses$2,690,924
Net Income$1,460,394
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 14, 2024
Return Version
2023v5.1
Gross Receipts
$4,151,318
Mission and Program Overview

Mission

Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income Detroit residents.

Detroit Development Fund promotes the economic development of low-to moderate-income residents in the city of Detroit. SED focuses on lending programs as well as job creation and retention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,021,904$8,739,709▲ $717,805
Pledges and Grants Receivable-$500,000-
Investments Other Securities$276,212$287,402▲ $11,190
Prepaid Expenses and Deferred Charges$89,011$160,330▲ $71,319
Land, Buildings, and Equipment, Net$25,026$16,209▼ $8,817
Total Assets$18,151,383$20,285,195▲ $2,133,812
Other Assets Total$9,739,230$10,581,545▲ $842,315
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,776,243$8,413,237▼ $363,006
Other Liabilities$144,163$1,848,728▲ $1,704,565
Accounts Payable and Accrued Expenses$229,324$293,890▲ $64,566
Total Liabilities$9,149,730$10,555,855▲ $1,406,125
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,174,311$5,908,132▲ $733,821
Net Assets With Donor Restrictions$3,827,342$3,821,208▼ $6,134
Total Net Assets Fund Balance$9,001,653$9,729,340▲ $727,687
Total Liabilities and Net Assets / Fund Balance$18,151,383$20,285,195▲ $2,133,812

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,209$56,507$72,716
Equipment$0$31,490$31,490
Other Assets Org$28,839--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ray WatersPresidentFT$159,692$23,814$183,506
John SchoenigerLoan Fund ManagerFT$144,192$32,398$176,590
Deborah JonesVP of OperationsFT$156,770$19,642$176,412
Erin GrantDirector of DDF MicroloanFT$114,000$25,614$139,614
Angelia SharpSenior Loan OfficerFT$113,192$25,432$138,624
Steve MondozziChief Financial OfficerFT$111,000-$111,000

Board Members and Trustees

NameTitle
Dolores A SturtivantBoard Chair
Diana StewartDirector
Gail Perry-MasonDirector
Kathy WendlerDirector
Linda SmithDirector
Ronald C FrederickTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New Center LLCRent28400 Northwestern Highway, Southfield, MI 48034$149,232
Shaheen Jacobs and Ross PCLegal1425 Ford Bldg 615 Griswold, Detroit, MI 48226$115,072
Mondozzi LLCFinancial & Accounting3600 N Lake Shore Drive 2306, Chicago, IL 60613$111,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,205,017
Program Service Revenue
$903,944
Investment Income
$39,796
Other Revenue
$2,561
All Other Contributions
$2,005,017
Change in Net Assets
$1,460,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,151,318
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,190
Total Revenue per Audited Statements
$4,162,508
Total Revenue per Form 990
$4,151,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,374,755
Other Expenses$928,576
Grants and Similar Amounts Paid$387,593
Total Fundraising Expense$90,655
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$825,917$82,643$54,288$962,848
Grants to Domestic Orgs$387,593--$387,593
Current Officers, Directors, Trustees, and Key Employees$157,409$15,751$10,347$183,507
Occupancy$125,611$12,569$8,256$146,436
Fees for Services Accounting$71,432$69,188-$140,620
Interest$116,033--$116,033
Fees for Services Legal$56,190$54,425-$110,615
Other Employee Benefits$90,670$9,073$5,960$105,703
Advertising-$101,480-$101,480
Payroll Taxes$75,930$7,598$4,991$88,519
Information Technology$47,712$34,902-$82,614
Other Expenses$38,557$25,643-$64,200
Insurance$43,349$4,338$2,849$50,536
Fees for Services Other$25,441$24,641-$50,082
Office Expenses$33,518$7,390$1,939$42,847
Pension Plan Contributions$29,317$2,934$1,927$34,178
Travel$7,274$5,308-$12,582
Depreciation Depletion-$8,792-$8,792
Conferences and Meetings$1,492$149$98$1,739
Total Functional Expenses$2,133,445$466,824$90,655$2,690,924

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,434,821
Expenses per Audited Statements$2,690,924
Total Expenses per Form 990$2,690,924
Expenses Not Reported on Form 990$743,897
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Detroit Communtiy Loan FundDetroit, MI-Operating Grant$230,000
Watson Media Group LLCDetroit, MI-Operating Grant$10,635
Lush Yummies Pie Compnany LLCDetroit, MI-Operating Grant$10,000
Detroit Smart Pages NewspaperDetroit, MI-Operating Grant$8,000
FA Automotive LLCDetroit, MI-Operating Grant$7,400
Swaggle LLCDetroit, MI-Operating Grant$6,999
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
Refundable Advance$1,822,172
Lease liability$26,556
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The organization engaged Mondozzi, LLC to perform Accounting, Accounts Receivable, Accounts Payable, Investing, Budgeting, Forecsting, Cash Flows, Board reports, Audit Compliance, Grant Financial Reporting, Tax Reporting and Payroll related services. Mondozzi, LLC was paid $114,000 for these services in 2022. Steve Mondozzi, Chief Financial Officer is compensated by Mondozzi, LLC.”

Form 990, Part VI, Section B, line 11B

“The 990 was reviewed by the President and Chief Financial Officer. Upon their approval the return was provided to the entire board. Each Board Member was given seven days to review prior to filing.”

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

“Board members, officers, and all employees are required to complete and sign a conflict of interest statement on an annual basis. The responses should be reviewed by legal counsel, which will provide a report to the president of the organization who shares it with the board of directors.”

Form 990, Part VI, Section B, line 15

“The president's compensation is reivewed and approved by the full board on an annual basis. The president reviews and approves compensation of all other employees annually.”

Form 990, Part VI, Section C, line 19

“Financial statements, governing documents and the conflict of interest policy are not available to the public at this time.”

Filing and Contact Details

Filer

Filer Name
Detroit Development Fund
EIN
38-3322605
Phone
3137849592
Address
3031 W Grand Blvd 505, Detroit, MI 48202
Doing Business As
Detroit Development Fund

Signing Officer

Name
Ray Waters
Title
President
Phone
3137849592
Signed
2024-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Waters
Formed
1996
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
6
Employees
14
Volunteers
6

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Mel Padillo
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Provision for loan loss -516,626. Imputed interest -227,271. Discount on below market loans”

Form 990, Part XII, line 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“FIN 48 Note from Audited Financial Statements Detroit Development Fund has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and qualifies for the charitable contribution deduction. The Fund has been classified as an organization that is not a private foundation. The tax exempt purpose of the Fund and the nature in which it operates is described in Note 1. The Fund continues to operate in compliance with its tax exempt purpose. The Fund's annual information and income tax returns filed with the federal and state governments are subject to examination for three years after filing.”

Part XI, Line 2D - Other Adjustments:

“Discount on below market loans”

Part XII, Line 2D - Other Adjustments:

“Imputed interest 227,271. Provision for loan loss 516,626.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9113192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10156770
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11114000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Loan Fund Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt9Senior Loan Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director of DDF Microloan
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IRS990/FormationYr01996
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0387593
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt034902
IRS990/InformationTechnologyGrp/ProgramServicesAmt047712
IRS990/InformationTechnologyGrp/TotalAmt082614
IRS990/InsuranceGrp/FundraisingAmt02849
IRS990/InsuranceGrp/ManagementAndGeneralAmt04338
IRS990/InsuranceGrp/ProgramServicesAmt043349
IRS990/InsuranceGrp/TotalAmt050536
IRS990/InterestGrp/ProgramServicesAmt0116033
IRS990/InterestGrp/TotalAmt0116033
IRS990/InvestmentIncomeGrp/ExclusionAmt039796
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039796
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0287402
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt087997
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025026
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016209
IRS990/LandBldgEquipCostOrOtherBssAmt0104206
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income Detroit residents.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08776243
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08413237
IRS990/NetAssetsOrFundBalancesBOYAmt09001653
IRS990/NetAssetsOrFundBalancesEOYAmt09729340
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011190
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05174311
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05908132
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt08256
IRS990/OccupancyGrp/ManagementAndGeneralAmt012569
IRS990/OccupancyGrp/ProgramServicesAmt0125611
IRS990/OccupancyGrp/TotalAmt0146436
IRS990/OfficeExpensesGrp/FundraisingAmt01939
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07390
IRS990/OfficeExpensesGrp/ProgramServicesAmt033518
IRS990/OfficeExpensesGrp/TotalAmt042847
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09739230
IRS990/OtherAssetsTotalGrp/EOYAmt010581545
IRS990/OtherChangesInNetAssetsAmt0-743897
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05960
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09073
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt090670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0105703
IRS990/OtherExpensesGrp/Desc0Dues & memberships
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025643
IRS990/OtherExpensesGrp/ProgramServicesAmt038557
IRS990/OtherExpensesGrp/TotalAmt064200
IRS990/OtherLiabilitiesGrp/BOYAmt0144163
IRS990/OtherLiabilitiesGrp/EOYAmt01848728
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02561
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02561
IRS990/OtherRevenueTotalAmt02561
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt054288
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt082643
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0825917
IRS990/OtherSalariesAndWagesGrp/TotalAmt0962848
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04991
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07598
IRS990/PayrollTaxesGrp/ProgramServicesAmt075930
IRS990/PayrollTaxesGrp/TotalAmt088519
IRS990/PensionPlanContributionsGrp/FundraisingAmt01927
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02934
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029317
IRS990/PensionPlanContributionsGrp/TotalAmt034178
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0500000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089011
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0160330
IRS990/PrincipalOfficerNm0Ray Waters
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Loan interest income
IRS990/ProgramServiceRevenueGrp/Desc1Management fee
IRS990/ProgramServiceRevenueGrp/Desc2Loan fee income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0616833
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1230000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0616833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1230000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257111
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02458186
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0240028
IRS990/PYInvestmentIncomeAmt013214
IRS990/PYOtherExpensesAmt0779040
IRS990/PYOtherRevenueAmt025000
IRS990/PYProgramServiceRevenueAmt0738240
IRS990/PYRevenuesLessExpensesAmt0828948
IRS990/PYSalariesCompEmpBnftPaidAmt01386624
IRS990/PYTotalExpensesAmt02405692
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03234640
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01460394
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0906505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03205017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02458186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02354915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02558876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0824949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011401943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014872
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt075789
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03577760
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02561
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027561
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72380
IRS990ScheduleA/PublicSupportPY170Pct00.69440
IRS990ScheduleA/PublicSupportTotal170Amt08327426
IRS990ScheduleA/SubstantialContributorsTotAmt03074517
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03205017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02458186
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02558876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0824949
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011401943
IRS990ScheduleA/TotalSupportAmt011505293
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031490
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031490
IRS990ScheduleD/ExpensesNotReportedAmt0743897
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02690924
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011190
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0122868
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110429838
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt228839

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,285,195
Liabilities
$10,555,855
Net assets
$9,729,340
Revenue
$4,151,318
Expenses
$2,690,924
Net income
$1,460,394
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$9.25$10.6$4.91$2.87$2.04
2023Detailed filing. Detailed filing data is available for this year.$20.3$10.6$9.73$4.15$2.69$1.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$9.15$9.00$3.23$2.41$0.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.5$10.9$8.64$2.94$2.20$0.74
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$11.0$8.28$3.24$3.04$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$10.5$8.18$1.51$3.30$1.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.1$11.4$10.7$1.78$3.59$1.81
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$11.5$13.4$6.94$3.66$3.28
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$11.2$10.1$5.13$2.96$2.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$10.7$8.52$6.35$2.50$3.85
2014Summary only. Only limited summary data is available for this year.$16.0$11.0$5.00$2.32$2.19$0.13
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$15.7$10.2$5.52$1.29$2.43$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$9.80$6.84$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$8.33$7.49$1.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$6.87$7.66$1.70