Civic Intelligence

Westedge Foundation Inc.

990 • Fiscal year 2017 • EIN 45-1998194

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

Organization ProfileN/A
18 Bee StreetCharleston, SC 29425

(843) 792-2677

Siviq Scores

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

Liabilities / Assets

80th percentile

0.65x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

1.00x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

99th percentile

95%

Higher net margin than 99% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$169,718

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets80th percentile

Assets

$14,088,140

No earlier filing loaded for comparison.

Net Assets

$4,925,356

No earlier filing loaded for comparison.

Liabilities

$9,162,784

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin99th percentile

Revenue

$9,180,548

No earlier filing loaded for comparison.

Expenses

$491,277

No earlier filing loaded for comparison.

Net Income

$8,689,271

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Assets 2017: $14,088,140Liabilities 2017: $9,162,784Net Assets 2017: $4,925,3562017Assets 2018: $17,643,856Liabilities 2018: $8,108,071Net Assets 2018: $9,535,7852018Assets 2019: $19,506,941Liabilities 2019: $10,910,515Net Assets 2019: $8,596,4262019Assets 2020: $19,987,053Liabilities 2020: $13,098,686Net Assets 2020: $6,888,3672020Assets 2021: $16,981,609Liabilities 2021: $12,456,846Net Assets 2021: $4,524,7632021Assets 2022: $15,433,566Liabilities 2022: $11,847,266Net Assets 2022: $3,586,3002022Assets 2023: $13,690,092Liabilities 2023: $10,751,800Net Assets 2023: $2,938,2922023Assets 2024: $12,819,959Liabilities 2024: $110,182Net Assets 2024: $12,709,7772024Assets 2025: $13,519,191Liabilities 2025: $4,484Net Assets 2025: $13,514,7072025

Highlighted filing

2017

Assets$14,088,140
Liabilities$9,162,784
Net Assets$4,925,356
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0-$10MRevenue 2017: $9,180,548Expenses 2017: $491,277Net Income 2017: $8,689,2712017Revenue 2018: $5,182,469Expenses 2018: $572,040Net Income 2018: $4,610,4292018Revenue 2019: $2,739Expenses 2019: $942,098Net Income 2019: -$939,3592019Revenue 2020: $2,823Expenses 2020: $1,710,882Net Income 2020: -$1,708,0592020Revenue 2021: $18,669,032Expenses 2021: $21,032,636Net Income 2021: -$2,363,6042021Revenue 2022: $804,235Expenses 2022: $1,742,698Net Income 2022: -$938,4632022Revenue 2023: $840,428Expenses 2023: $1,488,436Net Income 2023: -$648,0082023Revenue 2024: $10,714,253Expenses 2024: $942,768Net Income 2024: $9,771,4852024Revenue 2025: $1,513,522Expenses 2025: $708,592Net Income 2025: $804,9302025

Highlighted filing

2017

Revenue$9,180,548
Expenses$491,277
Net Income$8,689,271
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.0
Gross Receipts
$9,180,548
Mission and Program Overview

Mission

Westedge is a bold economic and urban revitalization vision to advance knowledge-based sectors of the charleston, south carolina regional economy.

To support the city of charleston and the medical university of south carolina foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,402,975-
Cash and Non-Interest-Bearing Accounts$20,436$73,922▲ $53,486
Total Assets$1,081,750$14,088,140▲ $13,006,390
Other Assets Total$1,061,314$12,611,243▲ $11,549,929
Liabilities
Other Liabilities$4,754,409$9,139,554▲ $4,385,145
Accounts Payable and Accrued Expenses$91,256$23,230▼ $68,026
Total Liabilities$4,845,665$9,162,784▲ $4,317,119
Net Assets / Fund Balance
Unrestricted Net Assets$-3,763,915$4,925,356▲ $8,689,271
Total Net Assets Fund Balance$-3,763,915$4,925,356▲ $8,689,271
Total Liabilities and Net Assets / Fund Balance$1,081,750$14,088,140▲ $13,006,390

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$12,461,243--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Michael T MaherCEOFT$155,592$14,126$169,718

Board Members and Trustees

NameTitle
Mr William A BakerChair
Ms Colleen CarducciVice Chair
Councilman William Dudley Gregoriedirector
Dr Larry Olanoffdirector
Mayor John Tecklenburgdirector
Mr Montez Martindirector
Mr Patrick W McKinneydirector
Ms Cheryl Kaynarddirector
Ms Linda F Woodsidedirector
Ms Lisa Montgomerydirector
Ms Robyn Framptondirector
Mr Wally Seinsheimer JrSecretary
Mr Thomas P AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,018,832
Program Service Revenue
$161,341
Investment Income
$375
Other Revenue
$0
All Other Contributions
$9,018,832
Change in Net Assets
$8,689,271

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$9,018,832Fair Market Value (FMV)
Total Noncash Contributions1$9,018,832-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,375
Salaries, Compensation, and Employee Benefits$186,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$93,451$93,451-$186,902
Fees for Services Legal$107,500$27,784-$135,284
Interest$30,464--$30,464
Fees for Services Accounting-$17,800-$17,800
Travel$12,991--$12,991
Insurance-$9,814-$9,814
Office Expenses-$4,132-$4,132
Occupancy-$3,000-$3,000
Other Expenses$80,929$1,613-$1,613
Advertising-$850-$850
Total Functional Expenses$325,335$165,942$0$491,277
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
Accrued infrastructure costs$6,159,418
Cash advances - related parties$1,750,000
Master planning and development fees payable$651,241
Due to related parties$578,895
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
Yes
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 2

“Tom Anderson and Robyn Frampton have a business relationship, Lisa Montgomery and Dr. Larry Olanoff have a business relationship, and Mayor Tecklenburg, Colleen Carducci and Councilman Gregory have a business relationship.”

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

“The WestEdge Executive Committee reviews the 990; the Executive Committee has authority to take action, or may choose to forward to the full Board.”

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

“the policy is provided to all directors, principal officers, and top management annually. They are asked to sign a statement affirming that they have received a copy of the policy, have read and understand the policy, and agree to comply with the policy.”

Form 990, Part VI, Section B, line 15

“The executive committee of the board of directors sets compensation for the ceo. The committee relies on performance evaluations, peer and industry comparisons, and any additional independent data to set the executive compensation. The board will conduct periodic reviews of its compensation policy and its implementation.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Westedge Foundation Inc
EIN
45-1998194
Phone
8437922677
Address
18 Bee Street, Charleston, SC 29425

Signing Officer

Name
Bill Baker
Title
CEO
Phone
8437922677
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael T Maher
Formed
2011
Legal Domicile
Sc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Elliott Davis LLCPLLC
Address
100 Calhoun Street Suite 300, Charleston, SC 29401
Preparer
Brandon T Renaud
Phone
8435777040
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Management has evaluated the Foundation's tax positions and concluded that the Foundation has taken no uncertain tax positions for the year ended June 30, 2017.”

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IRS990/Desc0WestEdge (the "Project"), formerly known as the Horizon Redevelopment Project, is a bold economic and urban revitalization vision to advance knowledge-based sectors of the Charleston, South Carolina regional economy. The Project aspires to be a national model for research-oriented urban infill development, an innovative initiative that will incorporate all of the elements necessary to create a vital urban place in the knowledge-based economy. The Project will attract the attention and investment of established research and development businesses, and nurture the growth of start-up ventures focused on research and technology transfer.The Project site is a 20-acre (SEE CONTINUATION ON SCHEDULE O) component of a larger long-term development, and represents the most advantageous opportunity for the advancement of WestEdge. The Project site is an aggregation of contiguous parcels located in downtown Charleston along the Ashley River and adjacent to the MUSC campus. This prime development site is situated within Charleston's historic quarter, yet provides the opportunity for the density and scale necessary for creating a vibrant and economically-successful infill in concert with contemporary development standards. In its leadership capacity on the Project, the Foundation will have a controlling interest, options or letters of intent for all of the property included within a proposed offering, and will be empowered to make decisions on the disposition of this property to advance WestEdge under the Master Option Agreement (See Note 5). The Foundation is the contracting organization with the Master Developer. The Foundation has performed significant pre-development work and has provided this work-product to the Master Developer to assist and guide the Master Developer's efforts on the project.
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0CLOSING EXTENSION DEPO
IRS990/ProgramServiceRevenueGrp/Desc1RECOVERY OF MASTER PLA
IRS990/ProgramServiceRevenueGrp/Desc2RECOVERY OF DEVELOPER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0150000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19371
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0150000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19371
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21970
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt08689271
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0161341
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01402975
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09018832
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09018832
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0161341
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0161341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0375
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0253146
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt08927027
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt08927027
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt08927027
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt08927027
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09180173
IRS990ScheduleA/Total509Grp/TotalAmt09180173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09180548
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09180548
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0150000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112461243
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROWED CLOSING EXTENSION DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01750000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1651241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26159418
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3578895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Cash advances - related parties
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Master planning and development fees payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accrued infrastructure costs
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Due to related parties
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated the Foundation's tax positions and concluded that the Foundation has taken no uncertain tax positions for the year ended June 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012611243
IRS990ScheduleD/TotalLiabilityAmt09139554
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt014126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mr Michael T Maher
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0169718
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt09018832
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Tom Anderson and Robyn Frampton have a business relationship, Lisa Montgomery and Dr. Larry Olanoff have a business relationship, and Mayor Tecklenburg, Colleen Carducci and Councilman Gregory have a business relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The WestEdge Executive Committee reviews the 990; the Executive Committee has authority to take action, or may choose to forward to the full Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the policy is provided to all directors, principal officers, and top management annually. They are asked to sign a statement affirming that they have received a copy of the policy, have read and understand the policy, and agree to comply with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The executive committee of the board of directors sets compensation for the ceo. The committee relies on performance evaluations, peer and industry comparisons, and any additional independent data to set the executive compensation. The board will conduct periodic reviews of its compensation policy and its implementation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
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 B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01081750
IRS990/TotalAssetsEOYAmt014088140
IRS990/TotalAssetsGrp/BOYAmt01081750
IRS990/TotalAssetsGrp/EOYAmt014088140
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt09018832
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0165942
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0325335
IRS990/TotalFunctionalExpensesGrp/TotalAmt0491277

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$14,088,140
Liabilities
$9,162,784
Net assets
$4,925,356
Revenue
$9,180,548
Expenses
$491,277
Net income
$8,689,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$1.51$0.71$0.80
2024Detailed filing. Detailed filing data is available for this year.$12.8$0.11$12.7$10.7$0.94$9.77
2023Detailed filing. Detailed filing data is available for this year.$13.7$10.8$2.94$0.84$1.49$0.65
2022Detailed filing. Detailed filing data is available for this year.$15.4$11.8$3.59$0.80$1.74$0.94
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$12.5$4.52$18.7$21.0$2.36
2020Detailed filing. Detailed filing data is available for this year.$20.0$13.1$6.89$0.00$1.71$1.71
2019Detailed filing. Detailed filing data is available for this year.$19.5$10.9$8.60$0.00$0.94$0.94
2018Detailed filing. Detailed filing data is available for this year.$17.6$8.11$9.54$5.18$0.57$4.61
2017Detailed filing. Detailed filing data is available for this year.$14.1$9.16$4.93$9.18$0.49$8.69