Civic Intelligence

Altcap

990 • Fiscal year 2016 • EIN 41-2183377

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 21, 2017

Organization Profilewww.kcmocde.org

View Organization Page

3200 Wayne AvenueKansas City, MO 64109

(816) 216-1851

Siviq Scores

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

Liabilities / Assets

34th percentile

0.06x

Higher debt load relative to assets than 34% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.12x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

93rd percentile

51%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

45%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$5,153,440

Up $1,748,564 (+51%) from 2015

Net Assets

Up

$4,843,180

Up $1,794,962 (+59%) from 2015

Liabilities

Down

$310,260

Down $46,398 (-13%) from 2015

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin95th percentile

Revenue

Up

$2,508,113

Up $780,044 (+45%) from 2015

Expenses

Up

$713,151

Up $65,869 (+10%) from 2015

Net Income

Up

$1,794,962

Up $714,175 (+66%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$40M$30M$20M$10M$0Assets 2014: $2,282,442Liabilities 2014: $315,011Net Assets 2014: $1,967,4312014Assets 2015: $3,404,876Liabilities 2015: $356,658Net Assets 2015: $3,048,2182015Assets 2016: $5,153,440Liabilities 2016: $310,260Net Assets 2016: $4,843,1802016Assets 2017: $5,803,505Liabilities 2017: $400,731Net Assets 2017: $5,402,7742017Assets 2018: $7,572,841Liabilities 2018: $442,206Net Assets 2018: $7,130,6352018Assets 2019: $9,766,911Liabilities 2019: $857,387Net Assets 2019: $8,909,5242019Assets 2020: $20,323,056Liabilities 2020: $7,935,866Net Assets 2020: $12,387,1902020Assets 2021: $30,252,059Liabilities 2021: $14,356,630Net Assets 2021: $15,895,4292021Assets 2022: $30,256,354Liabilities 2022: $12,845,783Net Assets 2022: $17,410,5712022Assets 2023: $28,600,219Liabilities 2023: $10,700,888Net Assets 2023: $17,899,3312023Assets 2024: $29,347,578Liabilities 2024: $17,000,787Net Assets 2024: $12,346,7912024

Highlighted filing

2016

Assets$5,153,440
Liabilities$310,260
Net Assets$4,843,180
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$10M$5.0M$0-$5.0M-$10MRevenue 2014: $811,281Expenses 2014: $527,948Net Income 2014: $283,3332014Revenue 2015: $1,728,069Expenses 2015: $647,282Net Income 2015: $1,080,7872015Revenue 2016: $2,508,113Expenses 2016: $713,151Net Income 2016: $1,794,9622016Revenue 2017: $1,385,879Expenses 2017: $826,285Net Income 2017: $559,5942017Revenue 2018: $2,492,335Expenses 2018: $764,474Net Income 2018: $1,727,8612018Revenue 2019: $2,873,960Expenses 2019: $1,095,071Net Income 2019: $1,778,8892019Revenue 2020: $4,586,904Expenses 2020: $2,551,292Net Income 2020: $2,035,6122020Revenue 2021: $6,210,127Expenses 2021: $2,701,888Net Income 2021: $3,508,2392021Revenue 2022: $6,756,411Expenses 2022: $5,241,269Net Income 2022: $1,515,1422022Revenue 2023: $7,554,160Expenses 2023: $4,008,494Net Income 2023: $3,545,6662023Revenue 2024: $3,800,161Expenses 2024: $9,352,701Net Income 2024: -$5,552,5402024

Highlighted filing

2016

Revenue$2,508,113
Expenses$713,151
Net Income$1,794,962
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 21, 2017
Return Version
2015v3.0
Gross Receipts
$2,508,113
Mission and Program Overview

Mission

To be a catalyst for investment in kansas city, missouris low-income communities through innovative financial products, targeted economic and community development programming, and the development of strategic partnerships that promote community collaboration and capacity building.

See description on page 2, part iii, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$10,365$3,901,955▲ $3,891,590
Cash and Non-Interest-Bearing Accounts$2,529,081$483,930▼ $2,045,151
Other Notes and Loans Receivable, Net$146,674--
Accounts Receivable$82,825$106,037▲ $23,212
Land, Buildings, and Equipment, Net$10,695$29,330▲ $18,635
Intangible Assets-$11,000-
Prepaid Expenses and Deferred Charges$4,583--
Savings and Temporary Cash Investments$10,806$237▼ $10,569
Total Assets$3,404,876$5,153,440▲ $1,748,564
Other Assets Total$609,847$620,951▲ $11,104
Liabilities
Accounts Payable and Accrued Expenses$181,658$310,260▲ $128,602
Other Liabilities$175,000--
Total Liabilities$356,658$310,260▼ $46,398
Net Assets / Fund Balance
Unrestricted Net Assets$2,698,223$4,486,580▲ $1,788,357
Temporarily Rstr Net Assets$349,995$356,600▲ $6,605
Total Net Assets Fund Balance$3,048,218$4,843,180▲ $1,794,962
Total Liabilities and Net Assets / Fund Balance$3,404,876$5,153,440▲ $1,748,564

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,330$12,945$42,275
Investment Program Related Org$2,476--
Other Assets Org$620,951--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$349,995$6,605--$356,600
2015$343,389$6,606--$349,995
2014$336,790$6,599--$343,389
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ruben Alonso IiiPresidentFT$122,810$8,551$131,361

Board Members and Trustees

NameTitle
Gary CortesChairman
Jean-paul ChaurandVice Chairman
David BrainDirector
Robert LangenkampDirector
Margaret MaySecretary
Randall LandesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,147
Program Service Revenue
$2,437,584
Investment Income
$24,382
Other Revenue
$0
All Other Contributions
$46,147
Change in Net Assets
$1,794,962

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,508,113
Total Revenue per Audited Statements
$2,508,113
Total Revenue per Form 990
$2,508,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$391,416
Other Expenses$170,721
Grants and Similar Amounts Paid$151,014
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,295$72,528-$204,823
Grants to Domestic Orgs$151,014--$151,014
Current Officers, Directors, Trustees, and Key Employees$115,282$28,820-$144,102
Fees for Services Accounting-$33,037-$33,037
Payroll Taxes$18,674$7,644-$26,318
Advertising$21,568--$21,568
Fees for Services Legal-$20,623-$20,623
Conferences and Meetings$6,624$12,187-$18,811
Office Expenses$12,088$1,727-$13,815
Other Employee Benefits$9,554$3,911-$13,465
Fees for Services Other-$11,791-$11,791
Occupancy$9,713$1,388-$11,101
Information Technology$10,583--$10,583
Depreciation Depletion$4,948$707-$5,655
Insurance$3,729$533-$4,262
All Other Expenses-$2,935-$2,935
Pension Plan Contributions$1,921$787-$2,708
Travel-$2,378-$2,378
Other Expenses$750$792-$750
Total Functional Expenses$504,284$208,867$0$713,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$713,151
Total Expenses per Audited Statements$713,151
Total Expenses per Form 990$713,151
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Capital FundKansas City, MO501c3Working capital and endowment$150,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Refundable retainer-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The tax return is prepared by an external accountant and reviewed by management. After review by management the return is provided to the full board for review and approval prior to being filed with the IRS.”

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

“The Organizations management level employees and its Board of Directors annually review the Standards of Conduct policy.”

Form 990, Part VI, Section C, Line 19

“The Organization will provide copies of these documents upon request at no charge.”

Form 990, Part VI, Section B, Line 15A

“Compensation was set by the Board of Directors and included a comprehensive review of comparables of peers with similar roles and responsibilities as the Executive Director.”

Filing and Contact Details

Filer

Filer Name
Altcap
EIN
41-2183377
Phone
8162161851
Address
3200 WAYNE AVENUE, KANSAS CITY, MO 64109

Signing Officer

Name
Ruben Alonso Iii
Title
President
Signed
2017-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruben Alonso III
Formed
2005
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
25

Preparer

Firm
Welch & Associates LLC
Address
920 Main Sreet Suite 640, Kansas City, MO 64105
Preparer
Brian D Welch
Phone
8167562620
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Program Service Expenses 14,677, Grants and allocations 0, Revenue 3,427 The Organization offers a 16-week entrepreneurship and business training program which uses a curriculum created by Workshop In Business Opportunities WIBO. The training program allows the Organization to support small business development and growth in its service area.”

Form 990, Part XII, Line 1

“The Organization did not, in fact, change methods of accounting from the prior year. The method of accounting that was reported in the prior year was marked Other in error. The box labeled Accrual should have been marked, and so the correct method of accounting has been reported in the current years form.”

Financial Statement Notes

X 2

“The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken by the Organization. The Organization has determined whether any tax positions have met the recognition threshold and has measured its exposure to those tax positions and there are no unrecorded tax liabilities.”

V 4

“In closing of certain New Market Tax Credit NMTC transactions, the Organization entered into certain indemnification agreements. The indemnification agreements required the Organization to maintain cash reserves equal to 50 of certain fees earned at the closing of certain NMTC transactions. At the expiration of the indemnification agreement, the Organizations will be able to use the unrestricted funds in any manner it chooses.”

Raw XML AppendixShowing 400 of 460 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/ManagementAndGeneralAmt072528
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132295
IRS990/OtherSalariesAndWagesGrp/TotalAmt0204823
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0146674
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07644
IRS990/PayrollTaxesGrp/ProgramServicesAmt018674
IRS990/PayrollTaxesGrp/TotalAmt026318
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0787
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01921
IRS990/PensionPlanContributionsGrp/TotalAmt02708
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04583
IRS990/PrincipalOfficerNm0Ruben Alonso III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3522299
IRS990/ProgramServiceRevenueGrp/Desc0Management Fees
IRS990/ProgramServiceRevenueGrp/Desc1Origination Fees
IRS990/ProgramServiceRevenueGrp/Desc2Registration Fees
IRS990/ProgramServiceRevenueGrp/Desc3Loan Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0893445
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11535000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23427
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35712
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0893445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11535000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35712
IRS990/ProgSrvcAccomActy2Grp/Desc0Since 2008, the Organization has participated in a federal tax credit program that is used to stimulate investment in econcomically distressed communities. The Orgranization has been awared new market tax credit allocation authority which has been used to finance job creating businesses and as a catalyst for real estate development projects in its service area predominately economically distressed census tracts in the urban core of Kansas City, Missouri.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0141176
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02428445
IRS990/ProgSrvcAccomActy3Grp/Desc0As the only mission-driven, Kansas City-based CDFI exclusively serving low- to moderate-income communities in Kansas City, Missouri, AltCap is a critical source of small business capital for small and micro business that are undeserved by traditional financial institutions. In FY2016 AltCap provided small and microloans to a variety of businesses through its targeted loan funds which include the facade improvement loan fun, ArtCap Microloan Fund for Artists, and the Diversified Contractors Growth Fund MBE/WBE contractor loan fund.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0113278
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt017254
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0162176
IRS990/PYInvestmentIncomeAmt023020
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0142549
IRS990/PYProgramServiceRevenueAmt01697549
IRS990/PYRevenuesLessExpensesAmt01080787
IRS990/PYSalariesCompEmpBnftPaidAmt0342557
IRS990/PYTotalExpensesAmt0647282
IRS990/PYTotalRevenueAmt01728069
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01794962
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010806
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0237
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0349995
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt06605
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0356600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0343389
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt06606
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0349995
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0336790
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt06599
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0343389
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt029330
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012945
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042275
IRS990ScheduleD/ExpensesSubtotalAmt0713151
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt015024
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1201665
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt23682790
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt32476
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investments in subsidiaries
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Loan Funds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2KCMO CDE XVII
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3KCMO CDE XVII Interest Receivable
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0620951
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Restricted Cash
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Refundable retainer
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt02508113
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken by the Organization. The Organization has determined whether any tax positions have met the recognition threshold and has measured its exposure to those tax positions and there are no unrecorded tax liabilities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1In closing of certain New Market Tax Credit NMTC transactions, the Organization entered into certain indemnification agreements. The indemnification agreements required the Organization to maintain cash reserves equal to 50 of certain fees earned at the closing of certain NMTC transactions. At the expiration of the indemnification agreement, the Organizations will be able to use the unrestricted funds in any manner it chooses.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1V 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029330
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0620951
IRS990ScheduleD/TotalBookValueProgramRltdAmt03901955
IRS990ScheduleD/TotalExpensesPerForm990Amt0713151
IRS990ScheduleD/TotalRevenuePerForm990Amt02508113
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02508113
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0713151
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt085154
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Paying Expenses
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Working capital and endowment
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY CAPITAL FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0454561134
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03200 WAYNE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KANSAS CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd064105
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Other
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The donees day-to-day operations are conducted and managed by the Organizations employees and from time-to-time the Organizations board of directors receives financial reports from the donee.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 14,677, Grants and allocations 0, Revenue 3,427 The Organization offers a 16-week entrepreneurship and business training program which uses a curriculum created by Workshop In Business Opportunities WIBO. The training program allows the Organization to support small business development and growth in its service area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is prepared by an external accountant and reviewed by management. After review by management the return is provided to the full board for review and approval prior to being filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organizations management level employees and its Board of Directors annually review the Standards of Conduct policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization will provide copies of these documents upon request at no charge.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation was set by the Board of Directors and included a comprehensive review of comparables of peers with similar roles and responsibilities as the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization did not, in fact, change methods of accounting from the prior year. The method of accounting that was reported in the prior year was marked Other in error. The box labeled Accrual should have been marked, and so the correct method of accounting has been reported in the current years form.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0349995
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0356600
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03404876
IRS990/TotalAssetsEOYAmt05153440
IRS990/TotalAssetsGrp/BOYAmt03404876
IRS990/TotalAssetsGrp/EOYAmt05153440
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt046147
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0208867
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0504284
IRS990/TotalFunctionalExpensesGrp/TotalAmt0713151

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,153,440
Liabilities
$310,260
Net assets
$4,843,180
Revenue
$2,508,113
Expenses
$713,151
Net income
$1,794,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$17.0$12.3$3.80$9.35$5.55
2023Detailed filing. Detailed filing data is available for this year.$28.6$10.7$17.9$7.55$4.01$3.55
2022Detailed filing. Detailed filing data is available for this year.$30.3$12.8$17.4$6.76$5.24$1.52
2021Detailed filing. Detailed filing data is available for this year.$30.3$14.4$15.9$6.21$2.70$3.51
2020Detailed filing. Detailed filing data is available for this year.$20.3$7.94$12.4$4.59$2.55$2.04
2019Detailed filing. Detailed filing data is available for this year.$9.77$0.86$8.91$2.87$1.10$1.78
2018Detailed filing. Detailed filing data is available for this year.$7.57$0.44$7.13$2.49$0.76$1.73
2017Detailed filing. Detailed filing data is available for this year.$5.80$0.40$5.40$1.39$0.83$0.56
2016Detailed filing. Detailed filing data is available for this year.$5.15$0.31$4.84$2.51$0.71$1.79
2015Summary only. Only limited summary data is available for this year.$3.40$0.36$3.05$1.73$0.65$1.08
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.32$1.97$0.81$0.53$0.28