Civic Intelligence

Real Estate Charitable Foundation

990 • Fiscal year 2015 • EIN 43-1912033

Jan 01, 2015 to Dec 31, 2015 • Filed on May 15, 2016

Organization ProfileN/A
1055 Broadway Ste 130Kansas City, MO 64105

(816) 842-0944

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.24x

Higher debt load relative to assets than 42% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

1.24x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

18th percentile

$181,550

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

9th percentile

-7.2%

Faster asset growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-69%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$60,839,841

Down $4,738,485 (-7.2%) from 2014

Net Assets

Up

$46,415,688

Up $6,959,103 (+18%) from 2014

Liabilities

Down

$14,424,153

Down $11,697,588 (-45%) from 2014

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin94th percentile

Revenue

Down

$11,673,641

Down $26,407,910 (-69%) from 2014

Expenses

Down

$4,714,538

Down $3,254,831 (-41%) from 2014

Net Income

Down

$6,959,103

Down $23,153,079 (-77%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$80M$60M$40M$20M$0Assets 2010: $19,045,337Liabilities 2010: $3,984,054Net Assets 2010: $15,061,2832010Assets 2011: $18,747,412Liabilities 2011: $3,911,591Net Assets 2011: $14,835,8212011Assets 2012: $48,586,639Liabilities 2012: $33,866,083Net Assets 2012: $14,720,5562012Assets 2013: $68,702,475Liabilities 2013: $59,358,072Net Assets 2013: $9,344,4032013Assets 2014: $65,578,326Liabilities 2014: $26,121,741Net Assets 2014: $39,456,5852014Assets 2015: $60,839,841Liabilities 2015: $14,424,153Net Assets 2015: $46,415,6882015Assets 2016: $56,893,620Liabilities 2016: $12,880,125Net Assets 2016: $44,013,4952016Assets 2017: $45,815,396Liabilities 2017: $3,922,908Net Assets 2017: $41,892,4882017Assets 2018: $55,564,275Liabilities 2018: $1,573,861Net Assets 2018: $53,990,4142018Assets 2019: $42,704,759Liabilities 2019: $1,411,890Net Assets 2019: $41,292,8692019Assets 2020: $43,935,265Liabilities 2020: $1,634,804Net Assets 2020: $42,300,4612020Assets 2021: $49,152,736Liabilities 2021: $1,446,274Net Assets 2021: $47,706,4622021Assets 2022: $40,630,228Liabilities 2022: $1,164,922Net Assets 2022: $39,465,3062022Assets 2023: $37,566,450Liabilities 2023: $936,856Net Assets 2023: $36,629,5942023Assets 2024: $34,300,544Liabilities 2024: $774,234Net Assets 2024: $33,526,3102024

Highlighted filing

2015

Assets$60,839,841
Liabilities$14,424,153
Net Assets$46,415,688
Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

$40M$20M$0-$20MExpenses 2010: $1,151,6482010Expenses 2011: $1,270,6092011Expenses 2012: $1,270,5182012Revenue 2013: $1,654,771Expenses 2013: $6,717,186Net Income 2013: -$5,062,4152013Revenue 2014: $38,081,551Expenses 2014: $7,969,369Net Income 2014: $30,112,1822014Revenue 2015: $11,673,641Expenses 2015: $4,714,538Net Income 2015: $6,959,1032015Revenue 2016: $4,106,187Expenses 2016: $6,508,380Net Income 2016: -$2,402,1932016Revenue 2017: $10,953,455Expenses 2017: $13,074,462Net Income 2017: -$2,121,0072017Revenue 2018: $17,819,104Expenses 2018: $5,726,752Net Income 2018: $12,092,3522018Revenue 2019: $510,263Expenses 2019: $13,207,808Net Income 2019: -$12,697,5452019Revenue 2020: $4,204,580Expenses 2020: $3,196,988Net Income 2020: $1,007,5922020Revenue 2021: $8,046,902Expenses 2021: $2,540,901Net Income 2021: $5,506,0012021Revenue 2022: $308,737Expenses 2022: $8,631,561Net Income 2022: -$8,322,8242022Revenue 2023: -$928,843Expenses 2023: $1,933,127Net Income 2023: -$2,861,9702023Revenue 2024: $294,355Expenses 2024: $3,407,368Net Income 2024: -$3,113,0132024

Highlighted filing

2015

Revenue$11,673,641
Expenses$4,714,538
Net Income$6,959,103
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 15, 2016
Return Version
2015v2.1
Gross Receipts
$11,905,641
Mission and Program Overview

Mission

The real estate charitable foundation was established to promote charitable giving through the acceptance of real estate and other hard-to-value assets for the benefit and in support of the greater kansas city community foundation.

The foundation is a supporting organization of the gkccf established to accept gifts of real property interest that a donor wishes to contribute for charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,950,380$59,710,006▼ $3,240,374
Cash and Non-Interest-Bearing Accounts$417,568$469,381▲ $51,813
Savings and Temporary Cash Investments$1,707,357$196,376▼ $1,510,981
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$65,578,326$60,839,841▼ $4,738,485
Other Assets Total$503,021$464,078▼ $38,943
Liabilities
Tax Exempt Bond Liabilities$23,823,623$12,312,642▼ $11,510,981
Mortgage Notes Payable Secured by Investment Property$2,159,799$2,016,109▼ $143,690
Accounts Payable and Accrued Expenses$138,319$95,402▼ $42,917
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$26,121,741$14,424,153▼ $11,697,588
Net Assets / Fund Balance
Unrestricted Net Assets$39,456,585$46,415,688▲ $6,959,103
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$39,456,585$46,415,688▲ $6,959,103
Total Liabilities and Net Assets / Fund Balance$65,578,326$60,839,841▼ $4,738,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$48,910,648$3,618,958$52,529,606
Land$9,536,836-$9,536,836
Equipment$1,262,522$1,033,477$2,295,999
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleOtherTotal
Corey ZieglerSecretary/treasurer$142,829$142,829

Board Members and Trustees

NameTitle
Vince DastaDirector/chairperson
Byron ConstanceDirector/vice Chairperson
Albert W Zimmer IiiDirector
Barrett BradyDirector
Bob JohnsonDirector
Faye DavisDirector
G David GaleDirector
Jerry D ReeceDirector
Ted a MurrayDirector
Whitney E Kerr SrDirector
Katherine GrayExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$10,321,887
Program Service Revenue
$1,409,316
Investment Income
$-73,497
Other Revenue
$15,935
All Other Contributions
$10,321,887
Change in Net Assets
$6,959,103

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$127,000Appraisal
Total Noncash Contributions1$127,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,270,316
Grants and Similar Amounts Paid$444,222
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,337,886--$2,337,886
Other Expenses$797,488$40,292-$797,488
Interest$529,364--$529,364
Grants to Domestic Orgs$444,222--$444,222
Insurance$63,881--$63,881
Fees for Services Legal$8,406--$8,406
All Other Expenses$1,603--$1,603
Fees for Service Investment Mgmnt Fees-$129-$129
Total Functional Expenses$4,674,117$40,421$0$4,714,538
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Kansas City Community FoundationKansas City, MO501(c)(3)Community Support$444,222
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AHealth and Educational Facilities Authority - Mo2012-12-14$52,050,000School project construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$52,050,000$1,510,981$39,737,358$584,153

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Corey ziegler and katie gray have a business relationship.”

Form 990, Part VI, Section A, Line 7A

“The greater kansas city community foundation has the right to elect all of the members of the board of directors of real estate charitable foundation.”

Form 990, Part VI, Section A, Line 7B

“The greater kansas city community foundation has the right to elect and remove the board members of real estate charitable foundation.”

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

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. A copy of the 990 is presented to the board of directors for review and approval prior to filing.”

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

“Annually each officer, board member and committee member are asked to review the conflict of interest policy and update their disclosure. This information is available to the board chair and is used to ensure that, should a conflict of interest arise, the board or committee member involved abstains from voting or participating in any decision.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request. Copies are provided through email within two business days or hard copies are provided within three business days.”

Filing and Contact Details

Filer

Filer Name
Real Estate Charitable Foundation
EIN
43-1912033
In Care Of
% KATIE GRAY
Phone
8168420944
Address
1055 BROADWAY STE 130, KANSAS CITY, MO 64105

Signing Officer

Name
Corey Ziegler
Title
Secretary/treasurer
Phone
8168420944
Signed
2016-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corey Ziegler
Formed
2004
Legal Domicile
Mo
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Financial Statement Notes

Section D, Part X, Line 2

“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

Raw XML AppendixShowing 400 of 924 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0138319
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt095402
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS A SUPPORTING ORGANIZATION OF THE GKCCF ESTABLISHED TO ACCEPT GIFTS OF REAL PROPERTY INTEREST THAT A DONOR WISHES TO CONTRIBUTE FOR CHARITABLE PURPOSES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt010321887
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01603
IRS990/AllOtherExpensesGrp/TotalAmt01603
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KATIE GRAY
IRS990/BooksInCareOfDetail/PhoneNum08168420944
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01055 BROADWAY SUITE 130
IRS990/BooksInCareOfDetail/USAddress/CityNm0KANSAS CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd064105
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0417568
IRS990/CashNonInterestBearingGrp/EOYAmt0469381
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010321887
IRS990/CYGrantsAndSimilarPaidAmt0444222
IRS990/CYInvestmentIncomeAmt0-73497
IRS990/CYOtherExpensesAmt04270316
IRS990/CYOtherRevenueAmt015935
IRS990/CYProgramServiceRevenueAmt01409316
IRS990/CYRevenuesLessExpensesAmt06959103
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04714538
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011673641
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02337886
IRS990/DepreciationDepletionGrp/TotalAmt02337886
IRS990/Desc0THE FOUNDATION RECEIVES GIFTS OF REAL ESTATE FROM DONORS TO BE USED OR SOLD FOR CHARITABLE PURPOSES. THE PROCEEDS FROM THE SALE OF DONATED PROPERTIES ARE GRANTED TO OTHER NONPROFIT ORGANIZATIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt01837387
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08406
IRS990/FeesForServicesLegalGrp/TotalAmt08406
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0129
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0129
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282FiledCnt01
IRS990/Form8282PropertyDisposedOfInd0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1039.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1131.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1030387
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1112984
IRS990/Form990PartVIISectionAGrp/PersonNm0BARRETT BRADY
IRS990/Form990PartVIISectionAGrp/PersonNm1BYRON CONSTANCE
IRS990/Form990PartVIISectionAGrp/PersonNm2VINCE DASTA
IRS990/Form990PartVIISectionAGrp/PersonNm3FAYE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4G DAVID GALE
IRS990/Form990PartVIISectionAGrp/PersonNm5BOB JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6WHITNEY E KERR SR
IRS990/Form990PartVIISectionAGrp/PersonNm7TED A MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm8JERRY D REECE
IRS990/Form990PartVIISectionAGrp/PersonNm9ALBERT W ZIMMER III
IRS990/Form990PartVIISectionAGrp/PersonNm10KATHERINE GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm11COREY ZIEGLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10151163
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11129845
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-73724
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0444222
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0444222
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0444222
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0158276
IRS990/GrossReceiptsAmt011905641
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt063881
IRS990/InsuranceGrp/TotalAmt063881
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0529364
IRS990/InterestGrp/TotalAmt0529364
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0227
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0227
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04652435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt062950380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt059710006
IRS990/LandBldgEquipCostOrOtherBssAmt064362441
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0232000
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt015935
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt015935
IRS990/MissionDesc0THE REAL ESTATE CHARITABLE FOUNDATION WAS ESTABLISHED TO PROMOTE CHARITABLE GIVING THROUGH THE ACCEPTANCE OF REAL ESTATE AND OTHER HARD-TO-VALUE ASSETS FOR THE BENEFIT AND IN SUPPORT OF THE GREATER KANSAS CITY COMMUNITY FOUNDATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02159799
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02016109
IRS990/NetAssetsOrFundBalancesBOYAmt039456585
IRS990/NetAssetsOrFundBalancesEOYAmt046415688
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-73724
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-73724
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0127000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0503021
IRS990/OtherAssetsTotalGrp/EOYAmt0464078
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2PROPERTY AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3IMPAIRMENT LOSS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040292
IRS990/OtherExpensesGrp/ProgramServicesAmt0296287
IRS990/OtherExpensesGrp/ProgramServicesAmt11426
IRS990/OtherExpensesGrp/ProgramServicesAmt2193554
IRS990/OtherExpensesGrp/ProgramServicesAmt3797488
IRS990/OtherExpensesGrp/TotalAmt0336579
IRS990/OtherExpensesGrp/TotalAmt11426
IRS990/OtherExpensesGrp/TotalAmt2193554
IRS990/OtherExpensesGrp/TotalAmt3797488
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt015935
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015935
IRS990/OtherRevenueTotalAmt015935
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0COREY ZIEGLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01409316
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01409316
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PROVIDES THE BUILDING AND INFRASTRUCTURE FOR A CHARTER SCHOOL. THE CHARTER SCHOOL PROVIDES K-12 EDUCATION TO UNDER-SERVED POPULATIONS IN THE METRO KANSAS CITY AREA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02836730
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0704980
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt033473599
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05376751
IRS990/PYInvestmentIncomeAmt0137982
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02592618
IRS990/PYOtherRevenueAmt021073
IRS990/PYProgramServiceRevenueAmt04448897
IRS990/PYRevenuesLessExpensesAmt030112182
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt07969369
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt038081551
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06959103
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0704336
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01707357
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0196376
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0431152398
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0444222
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GKCCF
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0444222
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,839,841
Liabilities
$14,424,153
Net assets
$46,415,688
Revenue
$11,673,641
Expenses
$4,714,538
Net income
$6,959,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.3$0.77$33.5$0.29$3.41$3.11
2023Detailed filing. Detailed filing data is available for this year.$37.6$0.94$36.6$0.93$1.93$2.86
2022Detailed filing. Detailed filing data is available for this year.$40.6$1.16$39.5$0.31$8.63$8.32
2021Detailed filing. Detailed filing data is available for this year.$49.2$1.45$47.7$8.05$2.54$5.51
2020Detailed filing. Detailed filing data is available for this year.$43.9$1.63$42.3$4.20$3.20$1.01
2019Detailed filing. Detailed filing data is available for this year.$42.7$1.41$41.3$0.51$13.2$12.7
2018Detailed filing. Detailed filing data is available for this year.$55.6$1.57$54.0$17.8$5.73$12.1
2017Detailed filing. Detailed filing data is available for this year.$45.8$3.92$41.9$11.0$13.1$2.12
2016Detailed filing. Detailed filing data is available for this year.$56.9$12.9$44.0$4.11$6.51$2.40
2015Detailed filing. Detailed filing data is available for this year.$60.8$14.4$46.4$11.7$4.71$6.96
2014Detailed filing. Detailed filing data is available for this year.$65.6$26.1$39.5$38.1$7.97$30.1
2013Detailed filing. Detailed filing data is available for this year.$68.7$59.4$9.34$1.65$6.72$5.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.6$33.9$14.7$1.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$3.91$14.8$1.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$3.98$15.1$1.15