Civic Intelligence

Altcap

990 • Fiscal year 2021 • EIN 41-2183377

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileWWW.ALT-CAP.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

78th percentile

0.47x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

2.31x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2021

Net Margin

79th percentile

56%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$190,659

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2021

Asset Growth

92nd percentile

110%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

183%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$30,252,059

Up $9,929,003 (+49%) from 2020

Net Assets

Up

$15,895,429

Up $3,508,239 (+28%) from 2020

Liabilities

Up

$14,356,630

Up $6,420,764 (+81%) from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin79th percentile

Revenue

Up

$6,210,127

Up $1,623,223 (+35%) from 2020

Expenses

Up

$2,701,888

Up $150,596 (+5.9%) from 2020

Net Income

Up

$3,508,239

Up $1,472,627 (+72%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2021

Assets$30,252,059
Liabilities$14,356,630
Net Assets$15,895,429
Open 2021 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

2021

Revenue$6,210,127
Expenses$2,701,888
Net Income$3,508,239
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$6,210,127
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$15,538,286$16,561,649▲ $1,023,363
Cash and Non-Interest-Bearing Accounts$4,568,230$13,177,048▲ $8,608,818
Accounts Receivable$204,345$467,527▲ $263,182
Intangible Assets$11,000$44,975▲ $33,975
Land, Buildings, and Equipment, Net$1,195$860▼ $335
Total Assets$20,323,056$30,252,059▲ $9,929,003
Liabilities
Unsecured Notes Loans Payable$7,055,950$13,125,773▲ $6,069,823
Accounts Payable and Accrued Expenses$375,724$692,569▲ $316,845
Deferred Revenue$465,696$283,054▼ $182,642
Other Liabilities$38,496$255,234▲ $216,738
Total Liabilities$7,935,866$14,356,630▲ $6,420,764
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,824,690$13,037,929▲ $1,213,239
Net Assets With Donor Restrictions$562,500$2,857,500▲ $2,295,000
Total Net Assets Fund Balance$12,387,190$15,895,429▲ $3,508,239
Total Liabilities and Net Assets / Fund Balance$20,323,056$30,252,059▲ $9,929,003

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$808$11,695$12,503
Other Land Buildings$52$9,705$9,757
Investment Program Related Org$16,286,199--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ruben Alonso IiiPresidentFT$179,958$11,170$191,128
Carmen Lopez MurgiaVP of Lending and Client ServicesFT$123,009$9,800$132,809
John TeasdaleSenior Business Development OfficerFT$101,720$8,800$110,520
Dawn KennedyDirector of Asset Management and ComplianceFT$98,981$9,000$107,981

Board Members and Trustees

NameTitle
David BrainBoard Chair
Bianca Tillard-gatesDirector
Carrence ScottDirector
Donald HawkingsDirector
Jancie EllisDirector
Katie Kwo GersonDirector
Martha SalinasDirector
Ed Honesty JrSecretary
Robert GivensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,282,639
Program Service Revenue
$2,774,695
Investment Income
$3,295
Other Revenue
$149,498
All Other Contributions
$2,276,250
Change in Net Assets
$3,508,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,192,627
Revenue Not Reported on Financial Statements
$17,500
Other Revenue Adjustments
$17,500
Total Revenue per Audited Statements
$6,192,627
Total Revenue per Form 990
$6,210,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,477,359
Other Expenses$1,108,805
Total Fundraising Expense$158,332
Grants and Similar Amounts Paid$115,724
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$703,845$317,477$57,762$1,079,084
Current Officers, Directors, Trustees, and Key Employees$57,339$95,565$38,226$191,130
Interest$181,143--$181,143
Fees for Services Legal$175,569--$175,569
Fees for Services Other$66,445$53,720$40,326$160,491
Grants to Domestic Orgs$115,724--$115,724
Fees for Services Accounting-$115,491-$115,491
Payroll Taxes$67,937$36,864$8,567$113,368
Advertising$102,246$159$5,250$107,655
Other Employee Benefits$44,161$19,919$3,624$67,704
All Other Expenses$32,753$20,644-$53,397
Other Expenses$38,578--$38,578
Information Technology-$38,115-$38,115
Pension Plan Contributions$17,006$7,671$1,396$26,073
Office Expenses$6,368$16,443$803$23,614
Conferences and Meetings-$22,979-$22,979
Occupancy$11,875$6,444$1,497$19,816
Travel-$14,948-$14,948
Depreciation Depletion$6,987$3,792$881$11,660
Insurance-$4,943-$4,943
Total Functional Expenses$1,768,382$775,174$158,332$2,701,888

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,701,888
Total Expenses per Audited Statements$2,684,389
Expenses per Audited Statements$2,684,388
Expenses Not Reported on Financial Statements$17,500
Other Expense Adjustments$17,500
Expenses Not Reported on Form 990$1
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Capital FundKansas City, MO501c3Working capital$78,224
Cafe Ca Phe LLCKansas City, MO-Working capital$20,000
Ophelia's Blue Vine FarmKansas City, MO-Working capital$10,000
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$255,234
Contingent liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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 A, Line 8B

“This question is not applicable because committees cannot bind the Organization without board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable.”

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 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 B, Line 15A

“Compensation was set by the Board of Directors and was based upon a comprehensive review of comparables of peer organizations with similar roles and responsibilities for the President.”

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

“This question is not applicable because the Organization does not pay compensation to anyone meeting this definition. However, the question must be answered to electronically file. Accordingly we checked no to signify that the question is not applicable.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, financial statements, and Form 990 tax returns are made available upon request.”

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
CEO
Phone
8162161851
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruben Alonso III
Formed
2005
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
25
Volunteers
35

Preparer

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

Financial Statement Notes

XI 4B

“On the audited financial statements 4000 service fees are recorded as a reduction to income whereas on Form 990 they are reported as an expense. Additionally, on the audited financial statements 13500 donations received that were earmarked for grants to be paid were shown as a reduction to the grant expense, on Form 990 the donations received are shown as revenue in Part VIII.”

XII 2D

“Rounding”

XII 4B

“See explanation for Part XI, 4b”

Raw XML AppendixShowing 400 of 545 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/Form990PartVIISectionAGrp/PersonNm1CARMEN LOPEZ MURGIA
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN TEASDALE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP OF LENDING AND CLIENT SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt2SENIOR BUSINESS DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR. OF ASSET MANAGEMENT AND COMPLIANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01006389
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0115724
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0115724
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06210127
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt038115
IRS990/InformationTechnologyGrp/TotalAmt038115
IRS990/InsuranceGrp/ManagementAndGeneralAmt04943
IRS990/InsuranceGrp/TotalAmt04943
IRS990/IntangibleAssetsGrp/BOYAmt011000
IRS990/IntangibleAssetsGrp/EOYAmt044975
IRS990/InterestGrp/ProgramServicesAmt0181143
IRS990/InterestGrp/TotalAmt0181143
IRS990/InvestmentIncomeGrp/ExclusionAmt03295
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03295
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt015538286
IRS990/InvestmentsProgramRelatedGrp/EOYAmt016561649
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021400
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01195
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0860
IRS990/LandBldgEquipCostOrOtherBssAmt022260
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt016783
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt016783
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012387190
IRS990/NetAssetsOrFundBalancesEOYAmt015895429
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011824690
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013037929
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01497
IRS990/OccupancyGrp/ManagementAndGeneralAmt06444
IRS990/OccupancyGrp/ProgramServicesAmt011875
IRS990/OccupancyGrp/TotalAmt019816
IRS990/OfficeExpensesGrp/FundraisingAmt0803
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016443
IRS990/OfficeExpensesGrp/ProgramServicesAmt06368
IRS990/OfficeExpensesGrp/TotalAmt023614
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03624
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019919
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt044161
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067704
IRS990/OtherExpensesGrp/Desc0Bad debt expense
IRS990/OtherExpensesGrp/Desc1Small business development costs
IRS990/OtherExpensesGrp/Desc2Lending activities direct costs
IRS990/OtherExpensesGrp/ProgramServicesAmt029459
IRS990/OtherExpensesGrp/ProgramServicesAmt1110947
IRS990/OtherExpensesGrp/ProgramServicesAmt238578
IRS990/OtherExpensesGrp/TotalAmt029459
IRS990/OtherExpensesGrp/TotalAmt1110947
IRS990/OtherExpensesGrp/TotalAmt238578
IRS990/OtherLiabilitiesGrp/BOYAmt038496
IRS990/OtherLiabilitiesGrp/EOYAmt0255234
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Reimbursements
IRS990/OtherRevenueMiscGrp/Desc1Liability write-off
IRS990/OtherRevenueMiscGrp/ExclusionAmt097062
IRS990/OtherRevenueMiscGrp/ExclusionAmt135653
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt097062
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135653
IRS990/OtherRevenueTotalAmt0149498
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt057762
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0317477
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0703845
IRS990/OtherSalariesAndWagesGrp/TotalAmt01079084
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt08567
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036864
IRS990/PayrollTaxesGrp/ProgramServicesAmt067937
IRS990/PayrollTaxesGrp/TotalAmt0113368
IRS990/PensionPlanContributionsGrp/FundraisingAmt01396
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07671
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017006
IRS990/PensionPlanContributionsGrp/TotalAmt026073
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Ruben Alonso III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522299
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0New Market Tax Credit fees
IRS990/ProgramServiceRevenueGrp/Desc1Consumer lending
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01441101
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11333594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01441101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11333594
IRS990/ProgSrvcAccomActy2Grp/Desc0Small Business Development The Organization provides in-kind service/resources to an affiliate organization that invest in innovative and measurable community development that aligns with and strengthens the financial, human, and social capital of under-resourced neighborhoods in the Kansas City metropolitan region. Our affiliate organization has deployed more than 1 million to neighborhoods and grassroot organizations and organized community development workshops. We also offer small businesses technical assistance and the opportunity to participate in the Interise Streetwise MBA business development curriculum.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0306558
IRS990/ProgSrvcAccomActy3Grp/Desc0New Market Tax Credit Program - Since 2008, the Organization has participated in a federal tax credit program that is used to stimulate investment in economically distressed communities. The Organization cumulatively has deployed 138 million in new market tax credits which were used to finance job creating businesses and as a catalyst for real estate development projects in Kansas City metro area.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0228450
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01441101
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02606903
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt028585
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01524352
IRS990/PYOtherRevenueAmt026779
IRS990/PYProgramServiceRevenueAmt01953222
IRS990/PYRevenuesLessExpensesAmt02035612
IRS990/PYSalariesCompEmpBnftPaidAmt0998355
IRS990/PYTotalExpensesAmt02551292
IRS990/PYTotalRevenueAmt04586904
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03508239
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt01333594
IRS990/RoyaltiesGrp/TotalAmt00
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/EquipmentGrp/BookValueAmt0808
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012503
IRS990ScheduleD/ExpensesNotReportedAmt01
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt017500
IRS990ScheduleD/ExpensesSubtotalAmt02684388
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0275450
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt116286199
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investments in subsidiaries
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Notes/Loans receivable, net
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherExpensesIncludedAmt01
IRS990ScheduleD/OtherExpensesNotIncludedAmt017500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt052
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09705
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09757
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0255234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Contingent liability
IRS990ScheduleD/OtherRevenuesNotIncludedAmt017500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt017500
IRS990ScheduleD/RevenueSubtotalAmt06192627
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0On the audited financial statements 4000 service fees are recorded as a reduction to income whereas on Form 990 they are reported as an expense. Additionally, on the audited financial statements 13500 donations received that were earmarked for grants to be paid were shown as a reduction to the grant expense, on Form 990 the donations received are shown as revenue in Part VIII.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rounding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2See explanation for Part XI, 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2XII 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0860
IRS990ScheduleD/TotalBookValueProgramRltdAmt016561649
IRS990ScheduleD/TotalExpensesPerForm990Amt02701888
IRS990ScheduleD/TotalLiabilityAmt0255234
IRS990ScheduleD/TotalRevenuePerForm990Amt06210127
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06192627
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02684389
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt078224
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Working capital

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,252,059
Liabilities
$14,356,630
Net assets
$15,895,429
Revenue
$6,210,127
Expenses
$2,701,888
Net income
$3,508,239
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