Civic Intelligence

Norfolk State University Research and Innovation Foundation

990 • Fiscal year 2017 • EIN 38-3649338

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 10, 2017

Organization ProfileNSURIF.ORG
700 Park Avenue Bmh A-105 No 410Norfolk, VA 23504

(757) 823-2704

Siviq Scores

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

Liabilities / Assets

96th percentile

1.14x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

6.11x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

17th percentile

-6.6%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

30th percentile

$176,176

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

10th percentile

-6.7%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-0.6%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$26,114,491

Down $1,889,787 (-6.7%) from 2016

Net Assets

Up

-$3,700,308

Up $84,745 (+2.2%) from 2016

Liabilities

Down

$29,814,799

Down $1,974,532 (-6.2%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin17th percentile

Revenue

Down

$4,875,903

Down $27,146 (-0.6%) from 2016

Expenses

Up

$5,195,857

Up $52,300 (+1.0%) from 2016

Net Income

Down

-$319,954

Down $79,446 (-33%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$40M$20M$0-$20MAssets 2010: $33,038,353Liabilities 2010: $37,103,146Net Assets 2010: -$4,064,7932010Assets 2011: $32,366,403Liabilities 2011: $35,857,757Net Assets 2011: -$3,491,3542011Assets 2012: $31,592,721Liabilities 2012: $36,421,471Net Assets 2012: -$4,828,7502012Assets 2013: $31,009,868Liabilities 2013: $34,907,010Net Assets 2013: -$3,897,1422013Assets 2014: $30,024,942Liabilities 2014: $33,978,360Net Assets 2014: -$3,953,4182014Assets 2015: $28,601,348Liabilities 2015: $32,477,381Net Assets 2015: -$3,876,0332015Assets 2016: $28,004,278Liabilities 2016: $31,789,331Net Assets 2016: -$3,785,0532016Assets 2017: $26,114,491Liabilities 2017: $29,814,799Net Assets 2017: -$3,700,3082017Assets 2018: $26,547,593Liabilities 2018: $29,116,242Net Assets 2018: -$2,568,6492018Assets 2019: $26,529,861Liabilities 2019: $29,563,913Net Assets 2019: -$3,034,0522019Assets 2020: $26,293,705Liabilities 2020: $29,337,221Net Assets 2020: -$3,043,5162020Assets 2021: $25,665,808Liabilities 2021: $27,634,781Net Assets 2021: -$1,968,9732021Assets 2022: $25,278,732Liabilities 2022: $25,562,867Net Assets 2022: -$284,1352022Assets 2023: $25,804,421Liabilities 2023: $24,632,566Net Assets 2023: $1,171,8552023Assets 2024: $27,153,812Liabilities 2024: $25,590,489Net Assets 2024: $1,563,3232024

Highlighted filing

2017

Assets$26,114,491
Liabilities$29,814,799
Net Assets-$3,700,308
Open 2017 Filing

Operations Trend

Revenue Growth31st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,213,2802010Expenses 2011: $4,698,4102011Expenses 2012: $4,821,7752012Revenue 2013: $4,624,730Expenses 2013: $4,851,440Net Income 2013: -$226,7102013Revenue 2014: $4,426,834Expenses 2014: $5,057,393Net Income 2014: -$630,5592014Revenue 2015: $4,437,691Expenses 2015: $5,334,548Net Income 2015: -$896,8572015Revenue 2016: $4,903,049Expenses 2016: $5,143,557Net Income 2016: -$240,5082016Revenue 2017: $4,875,903Expenses 2017: $5,195,857Net Income 2017: -$319,9542017Revenue 2018: $6,972,370Expenses 2018: $5,282,752Net Income 2018: $1,689,6182018Revenue 2019: $5,676,477Expenses 2019: $5,279,315Net Income 2019: $397,1622019Revenue 2020: $5,728,415Expenses 2020: $5,268,378Net Income 2020: $460,0372020Revenue 2021: $5,605,532Expenses 2021: $5,347,288Net Income 2021: $258,2442021Revenue 2022: $5,808,933Expenses 2022: $5,408,267Net Income 2022: $400,6662022Revenue 2023: $6,046,806Expenses 2023: $5,797,625Net Income 2023: $249,1812023Revenue 2024: $6,228,181Expenses 2024: $5,697,619Net Income 2024: $530,5622024

Highlighted filing

2017

Revenue$4,875,903
Expenses$5,195,857
Net Income-$319,954
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$4,932,096
Mission and Program Overview

Mission

To provide brands and services that promote applied research and technological innovations that, in turn, contribute positively to the economic strength of the hampton roads region and the commonwealth of virginia.

The mission of the foundation is to provide brands and services that promote applied research and technological innovations that, in turn, contribute positively to the economic strength of the hampton roads region and the commonwealth of virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,398,451$20,709,578▼ $688,873
Savings and Temporary Cash Investments$3,120,936$3,234,443▲ $113,507
Cash and Non-Interest-Bearing Accounts$1,734,636$1,625,632▼ $109,004
Prepaid Expenses and Deferred Charges$68,794$71,764▲ $2,970
Accounts Receivable$9,217--
Total Assets$28,004,278$26,114,491▼ $1,889,787
Other Assets Total$1,672,244$473,074▼ $1,199,170
Liabilities
Tax Exempt Bond Liabilities$30,515,000$28,902,293▼ $1,612,707
Other Liabilities$1,003,131$594,632▼ $408,499
Accounts Payable and Accrued Expenses$269,518$317,032▲ $47,514
Deferred Revenue$1,682$842▼ $840
Total Liabilities$31,789,331$29,814,799▼ $1,974,532
Net Assets / Fund Balance
Unrestricted Net Assets$-3,785,053$-3,700,308▲ $84,745
Total Net Assets Fund Balance$-3,785,053$-3,700,308▲ $84,745
Total Liabilities and Net Assets / Fund Balance$28,004,278$26,114,491▼ $1,889,787

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,826,295$8,718,370$28,544,665
Equipment$810,283$2,602,005$3,412,288
Land$73,000-$73,000
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleBaseTotal
Hudnall R CroasdaleBoard Member$176,176$176,176

Board Members and Trustees

NameTitle
Tracy GregorioChair
Stacey Franklin JonesVice Chair
Bk FultonBoard Member
Joseph L Temple JrBoard Member
Marty KaszubowskiBoard Member
Rodney JordanBoard Member
Samuel a Nixon JrBoard Member
Wayne JonesBoard Member
Keith BasilSecretary
Doyle a TempleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Capstone On-campus Management LLCConsulting315 29TH STREET UNIT 350, Virginia Beach, VA 23451$176,176
-Management431 OFFICE PARK DRIVE, Birmingham, AL 35223$116,136
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-7,629
Other Revenue
$4,883,532
Change in Net Assets
$-319,954

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,875,903
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$460,892
Total Revenue per Audited Statements
$5,336,795
Total Revenue per Form 990
$4,875,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,190,857
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,617,776--$1,617,776
Depreciation Depletion$948,776$17,391-$966,167
Other Expenses$204,308--$204,308
Insurance$117,059$39,020-$156,079
Fees for Services Management$95,451$31,817-$127,268
All Other Expenses$69,491$13,967-$83,458
Fees for Services Legal$44,493$14,831-$59,324
Office Expenses$39,669$13,223-$52,892
Advertising$33,271--$33,271
Fees for Services Accounting$7,619$22,856-$30,475
Travel-$12,397-$12,397
Grants to Domestic Orgs$5,000--$5,000
Fees for Services Other$3,111$1,037-$4,148
Total Functional Expenses$5,029,318$166,539$0$5,195,857

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,252,050
Expenses per Audited Statements$5,195,857
Total Expenses per Form 990$5,195,857
Expenses Not Reported on Form 990$56,193
Expenses Not Reported on Financial Statements$0
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
Value of Interest Rate Swap$499,076
Accrued Interest$95,517
Due to Related Parties$39

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANorfolk Redevelopment and Housing Authority2005-02-23$32,000,000Financing the construction of student housing building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$32,000,000--$1,888,077

Bond Financing Compliance

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

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The board of directors is the governing body of the foundation.”

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

“The fiscal officer will review the 990. All board members will be presented with the 990 by the foundation staff. The entire board reviews the 990 but only the finance and audit committee members are required to approve. After review of the tax return, the cpa auditor will be provided a statement indicating the 990 has been reviewed and approved.”

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

“Each new responsible person shall be required to review a copy of this policy and to acknowledge in writing that he or she has done so. Each responsible person shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. Such relationships, positions, or circumstances might include service as a director of or consultant to a nonprofit organization, or ownership of a business that might provide goods or services to the foundation. Any such information regarding business interests of a responsible person or a family member shall be treated as confidential and shall generally be made available only to the chair, the executive director, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy. This policy shall be reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated immediately to all responsible persons.”

Form 990, Part VI, Section C, Line 19

“The only group that receives the financial statements is norfolk state university. The university then provides the financial statements to the state of virginia for nsu's auditing purposes. Other than the audited financial statements given to nsu, the foundation does not provide information to the public, unless requested.”

Filing and Contact Details

Filer

Filer Name
Norfolk State University
EIN
38-3649338
Phone
7578232704
Address
700 PARK AVENUE BMH A-105 NO 410, NORFOLK, VA 23504

Signing Officer

Name
Tracy Gregorio
Title
Chair
Phone
7578232704
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Gregorio
Formed
2001
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Dixon Hughes Goodman Llp
Address
440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
Preparer
Caron E Crouse
Phone
7576245100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors is responsible for hiring the independent auditor annually.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Employee units in expenses on fs but offset net rental income in tax return 48,542. Loss on sale of fixed assets 7,651.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Employee units in expenses on fs but offset rental income in tax return 48,542. Loss on sale of fixed assets 7,651.”

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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/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-7651
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt05000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04932096
IRS990/GrossRentsGrp/RealAmt04931043
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt039020
IRS990/InsuranceGrp/ProgramServicesAmt0117059
IRS990/InsuranceGrp/TotalAmt0156079
IRS990/InterestGrp/ProgramServicesAmt01617776
IRS990/InterestGrp/TotalAmt01617776
IRS990/InvestmentIncomeGrp/ExclusionAmt022
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011320375
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021398451
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020709578
IRS990/LandBldgEquipCostOrOtherBssAmt032029953
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07651
IRS990/LessRentalExpensesGrp/RealAmt048542
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE BRANDS AND SERVICES THAT PROMOTE APPLIED RESEARCH AND TECHNOLOGICAL INNOVATIONS THAT, IN TURN, CONTRIBUTE POSITIVELY TO THE ECONOMIC STRENGTH OF THE HAMPTON ROADS REGION AND THE COMMONWEALTH OF VIRGINIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3785053
IRS990/NetAssetsOrFundBalancesEOYAmt0-3700308
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7651
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7651
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04882501
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04882501
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0404699
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013223
IRS990/OfficeExpensesGrp/ProgramServicesAmt039669
IRS990/OfficeExpensesGrp/TotalAmt052892
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01672244
IRS990/OtherAssetsTotalGrp/EOYAmt0473074
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc2CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc3THIRD PARTY RESIDENCE L
IRS990/OtherExpensesGrp/ProgramServicesAmt0694481
IRS990/OtherExpensesGrp/ProgramServicesAmt1649922
IRS990/OtherExpensesGrp/ProgramServicesAmt2498891
IRS990/OtherExpensesGrp/ProgramServicesAmt3204308
IRS990/OtherExpensesGrp/TotalAmt0694481
IRS990/OtherExpensesGrp/TotalAmt1649922
IRS990/OtherExpensesGrp/TotalAmt2498891
IRS990/OtherExpensesGrp/TotalAmt3204308
IRS990/OtherLiabilitiesGrp/BOYAmt01003131
IRS990/OtherLiabilitiesGrp/EOYAmt0594632
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01031
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01031
IRS990/OtherRevenueTotalAmt01031
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068794
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071764
IRS990/PrincipalOfficerNm0TRACY GREGORIO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-39163
IRS990/PYOtherExpensesAmt05143557
IRS990/PYOtherRevenueAmt04942212
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-240508
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05143557
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04903049
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-319954
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04882501
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04874850
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03120936
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03234443
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INTERNET SERVICE INCOME - 2012 AMOUNT: $ 306,148. 2013 AMOUNT: $ 1,703. OTHER INCOME - 2016 AMOUNT: $ 1,031.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04931043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04989438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04598659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04427335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04394621
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt023341096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0213
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01031
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01703
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0306148
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0308882
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98690
IRS990ScheduleA/PublicSupportPY509Pct00.97180
IRS990ScheduleA/PublicSupportTotal509Amt023341096
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04931043
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04989438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04598659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04427335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04394621
IRS990ScheduleA/Total509Grp/TotalAmt023341096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04932096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04989455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04598709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04429157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04700774
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023650191
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt019826295
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08718370
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028544665
IRS990ScheduleD/EquipmentGrp/BookValueAmt0810283
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02602005
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03412288
IRS990ScheduleD/ExpensesNotReportedAmt056193
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05195857
IRS990ScheduleD/LandGrp/BookValueAmt073000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt073000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0404699
IRS990ScheduleD/OtherExpensesIncludedAmt056193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0499076
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt195517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt239
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0VALUE OF INTEREST RATE SWAP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO RELATED PARTIES
IRS990ScheduleD/OtherRevenueAmt056193
IRS990ScheduleD/RevenueNotReportedAmt0460892
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04875903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EMPLOYEE UNITS IN EXPENSES ON FS BUT OFFSET NET RENTAL INCOME IN TAX RETURN 48,542. LOSS ON SALE OF FIXED ASSETS 7,651.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EMPLOYEE UNITS IN EXPENSES ON FS BUT OFFSET RENTAL INCOME IN TAX RETURN 48,542. LOSS ON SALE OF FIXED ASSETS 7,651.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020709578
IRS990ScheduleD/TotalExpensesPerForm990Amt05195857
IRS990ScheduleD/TotalLiabilityAmt0594632
IRS990ScheduleD/TotalRevenuePerForm990Amt04875903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05336795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05252050
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$26,114,491
Liabilities
$29,814,799
Net assets
-$3,700,308
Revenue
$4,875,903
Expenses
$5,195,857
Net income
-$319,954
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.2$25.6$1.56$6.23$5.70$0.53
2023Detailed filing. Detailed filing data is available for this year.$25.8$24.6$1.17$6.05$5.80$0.25
2022Detailed filing. Detailed filing data is available for this year.$25.3$25.6$0.28$5.81$5.41$0.40
2021Detailed filing. Detailed filing data is available for this year.$25.7$27.6$1.97$5.61$5.35$0.26
2020Detailed filing. Detailed filing data is available for this year.$26.3$29.3$3.04$5.73$5.27$0.46
2019Detailed filing. Detailed filing data is available for this year.$26.5$29.6$3.03$5.68$5.28$0.40
2018Detailed filing. Detailed filing data is available for this year.$26.5$29.1$2.57$6.97$5.28$1.69
2017Detailed filing. Detailed filing data is available for this year.$26.1$29.8$3.70$4.88$5.20$0.32
2016Detailed filing. Detailed filing data is available for this year.$28.0$31.8$3.79$4.90$5.14$0.24
2015Detailed filing. Detailed filing data is available for this year.$28.6$32.5$3.88$4.44$5.33$0.90
2014Detailed filing. Detailed filing data is available for this year.$30.0$34.0$3.95$4.43$5.06$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$34.9$3.90$4.62$4.85$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$36.4$4.83$4.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$35.9$3.49$4.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.0$37.1$4.06$5.21