7 X 24 Exchange International

EIN 45-2780126 • 501(c)6 • Bronx, NY

Profile

523930 investment advice. 531310 real estate property managers. 811000 repair and maintenance.

1041 East 216th StreetBronx, NY 10469

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.20x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2014

1.90x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2014

-72%

Higher net margin than 1% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2014

$250,002

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 55.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2014

697%

Faster asset growth than 100% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

-38%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets58th percentile

Assets

$4,210,200

Up $3,681,700 (+697%) from 2013

Liabilities

$855,200

Up $855,200 from 2013

Net Assets

$3,355,000

No earlier filing loaded for comparison.

Operations

Liabilities / Revenue98th percentile Net Margin1st percentile

Revenue

Down

$450,000

Down $270,920 (-38%) from 2013

Expenses

$775,000

Up $703,740 (+988%) from 2013

Net Income

Down

-$325,000

Down $974,660 (-150%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2014

Assets$4,210,200

Liabilities$855,200

Net Assets$3,355,000

Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2014

Revenue$450,000

Expenses$775,000

Net Income-$325,000

Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $4,210,200
Liabilities: $855,200
Net assets: $3,355,000
Revenue: $450,000
Expenses: $775,000
Net income: -$325,000

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2014Detailed filing. Detailed filing data is available for this year.	$4.21	$0.86	$3.36	$0.45	$0.78	$0.33
2013Summary only. Only limited summary data is available for this year.	$0.53	$0.00		$0.72	$0.07	$0.65

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: May 13, 2015
Return Version: 2014v5.0
Gross Receipts: $600,000

Mission and Program Overview

Mission

523930 investment advice. 531310 real estate property managers. 811000 repair and maintenance.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Rtn Earn Endowment Incm Other Fnds	$2,705,000	$2,705,000	→ $0
Other Notes and Loans Receivable, Net	$1,830,200	$1,830,200	→ $0
Receivables From Officers Etc	$500,000	$500,000	→ $0
Intangible Assets	$500,000	$500,000	→ $0
Inventories for Sale or Use	$500,000	$500,000	→ $0
Pd in Cap Srpls Land Bldg Eqp Fund	$325,000	$325,000	→ $0
Cap Stk Tr Prin Current Funds	$325,000	$325,000	→ $0
Accounts Receivable	$250,000	$250,000	→ $0
Receivable From Disqualified Prsn	$200,000	$200,000	→ $0
Pledges and Grants Receivable	$75,000	$75,000	→ $0
Investments Other Securities	$75,000	$75,000	→ $0
Investments Program Related	$75,000	$75,000	→ $0
Investments in Publicly Traded Securities	$75,000	$75,000	→ $0
Prepaid Expenses and Deferred Charges	$75,000	$75,000	→ $0
Savings and Temporary Cash Investments	$25,000	$25,000	→ $0
Loans From Officers Directors	$25,000	$25,000	→ $0
Cash and Non-Interest-Bearing Accounts	$5,000	$5,000	→ $0
Total Assets	$4,210,200	$4,210,200	→ $0
Other Assets Total	$25,000	$25,000	→ $0
Liabilities
Other Liabilities	$350,200	$325,000	▼ $25,200
Accounts Payable and Accrued Expenses	$250,000	$275,000	▲ $25,000
Escrow Account Liability	$75,000	$75,000	→ $0
Tax Exempt Bond Liabilities	$75,000	$75,000	→ $0
Grants Payable	$25,000	$25,000	→ $0
Mortgage Notes Payable Secured by Investment Property	$25,000	$25,000	→ $0
Unsecured Notes Loans Payable	$25,000	$25,000	→ $0
Deferred Revenue	$5,000	$5,200	▲ $200
Total Liabilities	$855,200	$855,200	→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance	$3,355,000	$3,355,000	→ $0
Total Liabilities and Net Assets / Fund Balance	$4,210,200	$4,210,200	→ $0

Compensation and Service Providers

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Ferris Christian	C/e/o	FT	$250,000	$100,000	$350,000

Revenue and Support

Revenue Composition

Contributions and Grants: $150,000
Program Service Revenue: $100,000
Investment Income: $200,000
Other Revenue: $0
All Other Contributions: $25,000
Change in Net Assets: $-325,000

Noncash Contribution Practices

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

Noncash Contributions

Contribution Type	Contribution Count	Reported Amount	Valuation Method
Real Estate Commercial	1	$25,000	523930 Investment Advice
Real Estate Residential	1	$25,000	523930 Investment Advice
Total Noncash Contributions	2	$50,000	-

Audited Revenue Reconciliation

Revenue per Audited Statements: $0
Revenue Not Reported on Financial Statements: $450,000
Revenue Not Reported on Form 990: $800,000
Other Revenue Adjustments: $200,000
Total Revenue per Audited Statements: $800,000
Total Revenue per Form 990: $450,000

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Salaries, Compensation, and Employee Benefits	$450,000
Grants and Similar Amounts Paid	$250,000
Professional Fundraising Fees	$75,000
Total Fundraising Expense	$0
Other Expenses	$-75,000

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Foreign Grants	-	-	-	$150,000
Other Employee Benefits	-	-	-	$75,000
Other Salaries and Wages	-	-	-	$75,000
Benefits to Members	-	-	-	$75,000
Comp Disqual Persons	-	-	-	$75,000
Current Officers, Directors, Trustees, and Key Employees	-	-	-	$75,000
Fees for Services Professional Fundraising	-	-	-	$75,000
Payroll Taxes	-	-	-	$75,000
Pension Plan Contributions	-	-	-	$75,000
Grants to Domestic Individuals	-	-	-	$50,000
Grants to Domestic Orgs	-	-	-	$50,000
Fees for Service Investment Mgmnt Fees	-	-	-	$25,000
Fees for Services Accounting	-	-	-	$25,000
Fees for Services Legal	-	-	-	$25,000
Fees for Services Lobbying	-	-	-	$25,000
Fees for Services Management	-	-	-	$25,000
Information Technology	-	-	-	$25,000
Occupancy	-	-	-	$25,000
Office Expenses	-	-	-	$25,000
Royalties	-	-	-	$25,000
Travel	-	-	-	$25,000
All Other Expenses	-	-	-	$-325,000
Total Functional Expenses	$0	$0	$0	$775,000

Audited Expense Reconciliation

Line Item	Amount
Total Expenses per Audited Statements	$775,000
Total Expenses per Form 990	$775,000
Expenses per Audited Statements	$475,000
Expenses Not Reported on Financial Statements	$300,000
Expenses Not Reported on Form 990	$300,000
Other Expense Adjustments	$225,000

Fundraising, Events, and Gaming

Fundraising activities: Yes
Gaming activities: No
Professional fundraiser used: Yes

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$75,000

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Fac Propertys LLC	$800,000	$795,000	$1,000	$794,000
Ferris Christian	$800,000	$795,000	$1,000	$794,000
Total Events	$2,400,000	$2,385,000	$129,000	$2,256,000

Political and Lobbying Activity

Political campaign activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Officers, Directors, Trustees, and Key Employees	$500,000	$500,000	→ $0
Receivables from Disqualified Persons	$200,000	$200,000	→ $0
Loans from Officers, Directors, Trustees, and Key Employees	$25,000	$25,000	→ $0

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Fac Propertys LLC	Bronx, NY	501 (c)(6)	501 (c)(6)	501 (c)(3)	Yes

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Fac Propertys LLC	Bronx, NY	523930 Investment Advice	-	-	-	-

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Fac Propertys LLC	Bronx, NY	523930 Investment Advice.531310 Realestate Property Managers.81100 Repair and Matntenance.	$250,000	$500,000	-

Transactions with Related Organizations

Organization	Type	Method	Amount
Fac Propertys LLC	s	523930 Investment Advice	$250,000

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Fac Propertys LLC	$75,000

Bond Issues

Bond	Issuer	Issued	Issue Price	Purpose
A	Fac Propertys LLC	2015-05-13	$250,000	523930 investment advice.521310 real estate property management

Bond Proceeds

Bond	Total Proceeds	Spent	Retired	Issuance Costs
A	$250,000	$250,000	$1	$250,000

Bond Financing Compliance

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

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: Yes
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: 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 9

“523930 investment advice.521310 real estate property management”

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

“523930 INVESTMENT ADVICE”

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

“523930 INVESTMENT ADVICE”

Form 990, Part VI, Section B, Line 15

“523930 INVESTMENT ADVICE”

Form 990, Part VI, Section C, Line 19

“523930 INVESTMENT ADVICE”

Filing and Contact Details

Filer

Filer Name: 7 X 24 Exchange International
EIN: 45-2780126
Phone: 3473130772
Address: 1041 East 216th Street, Bronx, NY 10469
Doing Business As: Fac Propertys LLC

Signing Officer

Name: Ferris Christian
Title: C/e/o
Phone: 3473130772
Signed: 2015-05-13

Organization Details

Principal Officer: Ferris Christian
Formed: 2010
Legal Domicile: Ny
Voting Board Members: 1
Independent Board Members: 1
Employees: 1
Volunteers: 1

Supplemental Narrative

Additional Explanations

Form 990, Header, Line A

“Real Estate Property Management”

Form 990, Part XI, Line 9

“523930 investment advice.521310 real estate property management”

Financial Statement Notes

Schedule D, Part X, Line 2

“523930 investment advice. 531310 real estate property managers. 811000 repair and maintenance.”

Schedule D, Part XI, Line 2D

“523930 investment advice.521310 real estate property management”

Schedule D, Part XI, Line 4B

“523930 investment advice.521310 real estate property management”

Schedule D, Part XII, Line 2D

“523930 investment advice.521310 real estate property management”

Schedule D, Part XII, Line 4B

“523930 INVESTMENT ADVICE”

Raw XML AppendixShowing 400 of 676 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/PensionPlanContributionsGrp/TotalAmt	0	75000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt	0	75000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	75000
IRS990/PoliciesReferenceChaptersInd	0	1
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	75000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	75000
IRS990/PrincipalOfficerNm	0	Ferris Christian
IRS990/PriorPeriodAdjustmentsAmt	0	25000
IRS990/ProfessionalFundraisingInd	0	1
IRS990/ProgSrvcAccomActy2Grp/Desc	0	531310 REAL ESTATE PROPERTY MANAGERS. 811000 REPAIR AND MAINTENANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt	0	150000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt	0	25000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt	0	750000
IRS990/ProgSrvcAccomActy3Grp/Desc	0	523930 INVESTMENT ADVICE. 531310 REAL ESTATE PROPERTY MANAGERS. 811000 REPAIR AND MAINTENANCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt	0	150000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt	0	25000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt	0	750000
IRS990/ProgSrvcAccomActyOtherGrp/Desc	0	523930 INVESTMENT ADVICE. 531310 REAL ESTATE PROPERTY MANAGERS. 811000 REPAIR AND MAINTENANCE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt	0	150000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt	0	25000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt	0	750000
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	75000
IRS990/PYContributionsGrantsAmt	0	100000
IRS990/PYGrantsAndSimilarPaidAmt	0	150000
IRS990/PYInvestmentIncomeAmt	0	100000
IRS990/PYOtherExpensesAmt	0	25000
IRS990/PYOtherRevenueAmt	0	100000
IRS990/PYProgramServiceRevenueAmt	0	100000
IRS990/PYRevenuesLessExpensesAmt	0	0
IRS990/PYSalariesCompEmpBnftPaidAmt	0	75000
IRS990/PYTotalExpensesAmt	0	400000
IRS990/PYTotalProfFndrsngExpnsAmt	0	75000
IRS990/PYTotalRevenueAmt	0	400000
IRS990/QuidProQuoContributionsInd	0	1
IRS990/QuidProQuoContriDisclInd	0	1
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt	0	200000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	200000
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt	0	500000
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	500000
IRS990/ReconcilationRevenueExpnssAmt	0	-325000
IRS990/RegularMonitoringEnfrcInd	0	1
IRS990/RelatedEntityInd	0	1
IRS990/RelatedOrganizationCtrlEntInd	0	0
IRS990/RelatedOrganizationsAmt	0	25000
IRS990/RentalIncomeOrLossGrp/PersonalAmt	0	-75000
IRS990/RentalIncomeOrLossGrp/RealAmt	0	-25000
IRS990/ReportInvestmentsOtherSecInd	0	0
IRS990/ReportLandBuildingEquipmentInd	0	0
IRS990/ReportOtherAssetsInd	0	0
IRS990/ReportOtherLiabilitiesInd	0	1
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	1000000
IRS990/RoyaltiesGrp/TotalAmt	0	25000
IRS990/RoyaltiesRevenueGrp/ExclusionAmt	0	25000
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	50000
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	100000
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt	0	25000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt	0	2705000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt	0	2705000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	25000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	25000
IRS990/ScheduleBRequiredInd	0	0
IRS990ScheduleD/AgentTrusteeEtcInd	0	0
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt	0	250000
IRS990ScheduleD/DonatedServicesUseFcltsAmt	0	75000
IRS990ScheduleD/ExpensesNotReportedAmt	0	300000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt	0	300000
IRS990ScheduleD/ExpensesSubtotalAmt	0	475000
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt	0	250000
IRS990ScheduleD/FootnoteTextInd	0	X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd	0	0
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt	0	75000
IRS990ScheduleD/InvestmentExpensesNotIncldAmt	0	250000
IRS990ScheduleD/LossesReportedAmt	0	75000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt	0	500000
IRS990ScheduleD/OtherExpensesIncludedAmt	0	75000
IRS990ScheduleD/OtherExpensesNotIncludedAmt	0	225000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	75000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	FAC PROPERTYS LLC
IRS990ScheduleD/OtherRevenueAmt	0	25000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt	0	200000
IRS990ScheduleD/PriorYearAdjustmentsAmt	0	75000
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt	0	25000
IRS990ScheduleD/RevenueNotReportedAmt	0	800000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	450000
IRS990ScheduleD/RevenueSubtotalAmt	0	0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	523930 INVESTMENT ADVICE. 531310 REAL ESTATE PROPERTY MANAGERS. 811000 REPAIR AND MAINTENANCE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	1	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	2	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	3	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	4	523930 INVESTMENT ADVICE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule D, Part X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Schedule D, Part XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Schedule D, Part XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Schedule D, Part XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Schedule D, Part XII, Line 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	775000
IRS990ScheduleD/TotalLiabilityAmt	0	325000
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	450000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	800000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	775000
IRS990ScheduleG/AgrmtProfFundraisingActyInd	0	0
IRS990ScheduleG/AllStatesCd	0	All States
IRS990ScheduleG/EmailSolicitationsInd	0	X
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt	0	1500
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt	0	1500
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesOtherEventsAmt	0	1500
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt	0	4500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt	0	15000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	129000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt	0	5000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt	0	15000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	FAC PROPERTYS LLC
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	Ferris Christian
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt	0	8000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt	0	8000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt	0	8000
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt	0	24000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	800000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt	0	800000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt	0	800000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	2400000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	795000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt	0	795000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt	0	795000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	2385000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	2256000
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt	0	2500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt	0	2500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt	0	2500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt	0	7500
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt	0	1000
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	3000
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	1000
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt	0	1000
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt	0	2
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt	0	25000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt	0	25000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt	0	25000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt	0	75000
IRS990ScheduleI/GrantRecordsMaintainedInd	0	1
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt	0	75000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt	0	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt	0	25000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc	0	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt	0	1
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc	0	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt	0	523930 INVESTMENT ADVICE.521310 REAL ESTATE PROPERTY MANAGEMENT
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule I, Part I, Line 2
IRS990ScheduleJ/BoardOrCommitteeApprovalInd	0	X
IRS990ScheduleJ/ClubDuesOrFeesInd	0	X
IRS990ScheduleJ/CompensationCommitteeInd	0	X
IRS990ScheduleJ/CompensationSurveyInd	0	X
IRS990ScheduleJ/DiscretionarySpendingAcctInd	0	X
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	1
IRS990ScheduleJ/FirstClassOrCharterTravelInd	0	X
IRS990ScheduleJ/Form990OfOtherOrganizationsInd	0	X
IRS990ScheduleJ/HousingAllowanceOrResidenceInd	0	X
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd	0	X
IRS990ScheduleJ/IndependentConsultantInd	0	X
IRS990ScheduleJ/PaymentsForUseOfResidenceInd	0	X
IRS990ScheduleJ/PersonalServicesInd	0	X
IRS990/ScheduleJRequiredInd	0	1
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt	0	250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	0	25000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	Ferris Christian
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	C/E/O
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt	0	350000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	125000
IRS990ScheduleJ/SeverancePaymentInd	0	1
IRS990ScheduleJ/SubstantiationRequiredInd	0	0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt	0	523930 INVESTMENT ADVICE
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt	1	523930 INVESTMENT ADVICE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule J, Part I, Line 1a
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Schedule J, Part I, Line 4
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	1

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