Civic Intelligence

Horizon Academy Foundation

990 • Fiscal year 2017 • EIN 45-3364070

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 25, 2018

Organization ProfileN/A
3021 Todos Santos NWAlbuquerque, NM 87120

(505) 998-0459

Siviq Scores

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

Liabilities / Assets

96th percentile

1.14x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

12.06x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Net Margin

16th percentile

-7.4%

Higher net margin than 16% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Asset Growth

31st percentile

0.1%

Faster asset growth than 31% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

1.3%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$5,772,711

Up $7,532 (+0.1%) from 2016

Net Assets

Down

-$832,133

Down $40,261 (-5.1%) from 2016

Liabilities

Up

$6,604,844

Up $47,793 (+0.7%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin16th percentile

Revenue

Up

$547,458

Up $7,066 (+1.3%) from 2016

Expenses

Up

$587,719

Up $23,618 (+4.2%) from 2016

Net Income

Down

-$40,261

Down $16,552 (-70%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $54,811Liabilities 2012: $50,0002012Assets 2013: $6,273,572Liabilities 2013: $6,666,734Net Assets 2013: -$393,1622013Assets 2014: $5,974,669Liabilities 2014: $6,713,361Net Assets 2014: -$738,6922014Assets 2015: $5,854,363Liabilities 2015: $6,622,526Net Assets 2015: -$768,1632015Assets 2016: $5,765,179Liabilities 2016: $6,557,051Net Assets 2016: -$791,8722016Assets 2017: $5,772,711Liabilities 2017: $6,604,844Net Assets 2017: -$832,1332017Assets 2018: $5,702,726Liabilities 2018: $6,667,599Net Assets 2018: -$964,8732018Assets 2019: $5,636,648Liabilities 2019: $6,570,936Net Assets 2019: -$934,2882019Assets 2020: $5,536,022Liabilities 2020: $6,469,798Net Assets 2020: -$933,7762020Assets 2021: $5,468,641Liabilities 2021: $6,362,349Net Assets 2021: -$893,7082021Assets 2022: $5,396,790Liabilities 2022: $6,245,337Net Assets 2022: -$848,5472022Assets 2023: $5,357,884Liabilities 2023: $6,125,337Net Assets 2023: -$767,4532023Assets 2024: $5,343,984Liabilities 2024: $5,977,244Net Assets 2024: -$633,2602024

Highlighted filing

2017

Assets$5,772,711
Liabilities$6,604,844
Net Assets-$832,133
Open 2017 Filing

Operations Trend

Revenue Growth33rd percentile

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

$1.0M$500K$0-$500KRevenue 2012: $5,100Expenses 2012: $289Net Income 2012: $4,8112012Expenses 2013: $398,2072013Revenue 2014: $457,086Expenses 2014: $802,616Net Income 2014: -$345,5302014Revenue 2015: $514,524Expenses 2015: $544,005Net Income 2015: -$29,4812015Revenue 2016: $540,392Expenses 2016: $564,101Net Income 2016: -$23,7092016Revenue 2017: $547,458Expenses 2017: $587,719Net Income 2017: -$40,2612017Revenue 2018: $566,386Expenses 2018: $546,640Net Income 2018: $19,7462018Revenue 2019: $576,440Expenses 2019: $545,855Net Income 2019: $30,5852019Revenue 2020: $569,915Expenses 2020: $569,403Net Income 2020: $5122020Revenue 2021: $563,103Expenses 2021: $523,035Net Income 2021: $40,0682021Revenue 2022: $563,194Expenses 2022: $518,033Net Income 2022: $45,1612022Revenue 2023: $594,363Expenses 2023: $513,269Net Income 2023: $81,0942023Revenue 2024: $617,725Expenses 2024: $483,532Net Income 2024: $134,1932024

Highlighted filing

2017

Revenue$547,458
Expenses$587,719
Net Income-$40,261
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 25, 2018
Return Version
2016v3.0
Gross Receipts
$547,458
Mission and Program Overview

Mission

The purpose for which the corporation is organized is to receive and maintain a fund or funds of real or personal property, or both, and subject to the restrictions and limitations hereinafter set forth, to use and apply the whole or any part of the income there from and the principal thereof exclusively for the purpose of supporting the public educational purposes of horizon academy west charter school, a new mexico public charter school, providing suitable facilities for the operation of the school, and for other charitable, religious, scientific, literary, or educational purposes permissible for exempt organizations under section 501(c)(3) of the internal revenue code of 1986 and the regulations promulgated hereunder, as they now exist or as they may hereafter be amended.

The purpose for which the corporation is organized is to receive and maintain a fund or funds of real or personal property, or both, and subject to the restrictions and limitations hereinafter set forth, to use and apply the whole or any part of the income there from the principal thereof exclusively for the purpose of supporting the public education purposes of horizon academy west charter school, a new mexico public charter school, providing suitable facilities for the operation of the school, and for other charitable, religious, scientific, literary, or educational purposes permissible for exempt organizations under section 501(c)(3) of the internal revenue code of 1986 and the regulations promulgated hereunder, as they now exist or as they may hereafter be amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,902,416$4,780,649▼ $121,767
Cash and Non-Interest-Bearing Accounts$52,981$16,370▼ $36,611
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,765,179$5,772,711▲ $7,532
Other Assets Total$809,782$975,692▲ $165,910
Liabilities
Tax Exempt Bond Liabilities$6,585,000$6,500,000▼ $85,000
Accounts Payable and Accrued Expenses$135,729$132,190▼ $3,539
Other Liabilities$-163,678$-27,346▲ $136,332
Total Liabilities$6,557,051$6,604,844▲ $47,793
Net Assets / Fund Balance
Unrestricted Net Assets$-791,872$-832,133▼ $40,261
Total Net Assets Fund Balance$-791,872$-832,133▼ $40,261
Total Liabilities and Net Assets / Fund Balance$5,765,179$5,772,711▲ $7,532

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,610,314$513,769-
Land$164,000--
Leasehold Improvements$6,335$325-
Other Assets Org$1--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Cynthia CarterPresident
Bruce HansonDirector
Jessica MedinaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$546,745
Investment Income
$713
Other Revenue
$0
Change in Net Assets
$-40,261

Audited Revenue Reconciliation

Revenue per Audited Statements
$547,458
Total Revenue per Audited Statements
$547,458
Total Revenue per Form 990
$547,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$587,719
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$392,640--$392,640
Depreciation Depletion$128,427--$128,427
Fees for Services Legal$35,086--$35,086
Fees for Services Accounting$14,093--$14,093
Insurance$2,685--$2,685
Other Expenses$40--$40
Total Functional Expenses$587,719$0$0$587,719

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$587,719
Total Expenses per Audited Statements$587,719
Total Expenses per Form 990$587,719
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advanced Lease Payments$130,736
Bond Discounts$-158,082

Bond Issues

BondIssuerIssuedIssue PricePurpose
BPublic Finance Authority2012-10-04$5,875,000Purchase & construction of bui
APublic Finance Authority2012-10-04$840,000Purchase & construction of bui

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$5,745,000--$197,294
A$840,000-$85,000$28,598

Bond Financing Compliance

No rebate due
Yes
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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Review process consists of board president performing a review and providing approval prior to filing with irs.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Horizon Academy Foundation
EIN
45-3364070
Phone
5059980459
Address
3021 TODOS SANTOS NW, ALBUQUERQUE, NM 87120

Signing Officer

Name
Cynthia Carter
Title
President
Signed
2018-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Carter
Formed
2011
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Cordova CPAs LLC
Address
1109 El Alhambra NW, Albuquerque, NM 87107
Preparer
Robert Cordova
Phone
5052649794
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“REQUEST FOR PROPOSAL”

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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/PYTotalExpensesAmt0564101
IRS990/PYTotalRevenueAmt0540392
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-40261
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0546745
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0470914661
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HORIZON ACADEMY WEST
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04610314
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0513769
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt05124083
IRS990ScheduleD/ExpensesSubtotalAmt0587719
IRS990ScheduleD/LandGrp/BookValueAmt0164000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0164000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06335
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0325
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt06660
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0975691
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH & CASH EQUIVALENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0130736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-158082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCED LEASE PAYMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOND DISCOUNTS
IRS990ScheduleD/RevenueSubtotalAmt0547458
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04780649
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0975692
IRS990ScheduleD/TotalExpensesPerForm990Amt0587719
IRS990ScheduleD/TotalLiabilityAmt0-27346
IRS990ScheduleD/TotalRevenuePerForm990Amt0547458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0547458
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0587719
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ARBITRAGE REBATE COMPLIANCE EVALUATION DATE: OCTOBER 4, 2017
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-10-04
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12012-10-04
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074443DAB7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum174443DAB7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt0840000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15875000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1PUBLIC FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE & CONSTRUCTION OF BUI
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1PURCHASE & CONSTRUCTION OF BUI
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt0437455
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt13017996
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt040598
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt1218377
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt096544
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt1675236
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt028598
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1197294
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt025508
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt1178402
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt085000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt0840000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt15745000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt0211297
IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt11457695
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW PROCESS CONSISTS OF BOARD PRESIDENT PERFORMING A REVIEW AND PROVIDING APPROVAL PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REQUEST FOR PROPOSAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,772,711
Liabilities
$6,604,844
Net assets
-$832,133
Revenue
$547,458
Expenses
$587,719
Net income
-$40,261
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$5.98$0.63$0.62$0.48$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$6.13$0.77$0.59$0.51$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$6.25$0.85$0.56$0.52$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$6.36$0.89$0.56$0.52$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$6.47$0.93$0.57$0.57$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.64$6.57$0.93$0.58$0.55$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$6.67$0.96$0.57$0.55$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.77$6.60$0.83$0.55$0.59$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$6.56$0.79$0.54$0.56$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.85$6.62$0.77$0.51$0.54$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.97$6.71$0.74$0.46$0.80$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$6.67$0.39$0.40
2012Summary only. Only limited summary data is available for this year.$0.05$0.05$0.01$0.00$0.00