Civic Intelligence

Reid Traditional Schools Painted Rock Academy Inc.

990 • Fiscal year 2014 • EIN 45-3868417

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 04, 2015

Organization ProfilePAINTEDROCKACADEMY.COM
14800 N 25th Drive85023

(623) 466-8855

Siviq Scores

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

Liabilities / Assets

95th percentile

1.14x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

2.92x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

24th percentile

-4.7%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$131,773

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$9,861,010

Up $51,046 (+0.5%) from 2013

Net Assets

Down

-$1,349,162

Down $182,074 (-16%) from 2013

Liabilities

Up

$11,210,172

Up $233,120 (+2.1%) from 2013

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin24th percentile

Revenue

$3,841,599

No earlier filing loaded for comparison.

Expenses

Up

$4,023,673

Up $598,620 (+17%) from 2013

Net Income

-$182,074

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $10,053,660Liabilities 2012: $10,112,430Net Assets 2012: -$58,7702012Assets 2013: $9,809,964Liabilities 2013: $10,977,052Net Assets 2013: -$1,167,0882013Assets 2014: $9,861,010Liabilities 2014: $11,210,172Net Assets 2014: -$1,349,1622014Assets 2016: $758,557Liabilities 2016: $1,171,449Net Assets 2016: -$412,8922016Assets 2017: $773,353Liabilities 2017: $1,153,351Net Assets 2017: -$379,9982017Assets 2018: $601,318Liabilities 2018: $879,132Net Assets 2018: -$277,8142018Assets 2019: $802,428Liabilities 2019: $881,435Net Assets 2019: -$79,0072019Assets 2020: $849,631Liabilities 2020: $754,307Net Assets 2020: $95,3242020Assets 2021: $873,597Liabilities 2021: $737,688Net Assets 2021: $135,9092021Assets 2022: $897,496Liabilities 2022: $645,112Net Assets 2022: $252,3842022Assets 2023: $12,147,748Liabilities 2023: $11,768,611Net Assets 2023: $379,1372023Assets 2024: $11,893,719Liabilities 2024: $11,511,333Net Assets 2024: $382,3862024

Highlighted filing

2014

Assets$9,861,010
Liabilities$11,210,172
Net Assets-$1,349,162
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $100,3252012Expenses 2013: $3,425,0532013Revenue 2014: $3,841,599Expenses 2014: $4,023,673Net Income 2014: -$182,0742014Revenue 2016: $4,581,741Expenses 2016: $4,571,835Net Income 2016: $9,9062016Revenue 2017: $4,412,716Expenses 2017: $4,379,822Net Income 2017: $32,8942017Revenue 2018: $4,781,824Expenses 2018: $4,679,640Net Income 2018: $102,1842018Revenue 2019: $4,818,753Expenses 2019: $4,619,946Net Income 2019: $198,8072019Revenue 2020: $5,166,401Expenses 2020: $4,992,070Net Income 2020: $174,3312020Revenue 2021: $5,093,307Expenses 2021: $5,052,722Net Income 2021: $40,5852021Revenue 2022: $5,257,753Expenses 2022: $5,141,278Net Income 2022: $116,4752022Revenue 2023: $5,038,066Expenses 2023: $4,911,313Net Income 2023: $126,7532023Revenue 2024: $4,945,067Expenses 2024: $4,941,818Net Income 2024: $3,2492024

Highlighted filing

2014

Revenue$3,841,599
Expenses$4,023,673
Net Income-$182,074
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 4, 2015
Return Version
2013v4.0
Gross Receipts
$3,841,599
Mission and Program Overview

Mission

Founded in 2012, rts painted rock academy is modeled after the award- winning valley academy. In its first year of existence, student academic growth was in the top 2% of the state. The school earned an "a" rating from the arizona department of education. The mission of reid traditional schools is to offer back-to-basics, traditional education by providing a challenging, sequential, teacher- directed, standards-based, textbook-driven curriculum supported by individual accountability and high academic and behavioral standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,552,975$8,413,262▼ $139,713
Cash and Non-Interest-Bearing Accounts$176,685$299,724▲ $123,039
Intangible Assets$217,876$211,471▼ $6,405
Prepaid Expenses and Deferred Charges$20,757$87,128▲ $66,371
Accounts Receivable$8,818$7,700▼ $1,118
Total Assets$9,809,964$9,861,010▲ $51,046
Other Assets Total$832,853$841,725▲ $8,872
Liabilities
Tax Exempt Bond Liabilities$9,992,083$9,871,667▼ $120,416
Other Liabilities$812,463$1,110,657▲ $298,194
Accounts Payable and Accrued Expenses$170,906$210,383▲ $39,477
Deferred Revenue$1,600$17,465▲ $15,865
Total Liabilities$10,977,052$11,210,172▲ $233,120
Net Assets / Fund Balance
Temporarily Rstr Net Assets$12,382$12,815▲ $433
Unrestricted Net Assets$-1,179,470$-1,361,977▼ $182,507
Total Net Assets Fund Balance$-1,167,088$-1,349,162▼ $182,074
Total Liabilities and Net Assets / Fund Balance$9,809,964$9,861,010▲ $51,046

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,823,537$352,076$7,175,613
Land$1,067,624-$1,067,624
Other Land Buildings$522,101$231,140$753,241
Other Assets Org$4,372--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heidi MitchellCEOPT-$131,773$131,773
Leslie SzostakPrincipalFT$78,465-$78,465

Board Members and Trustees

NameTitle
Mark MettesPresident
Sam EfirdDirector
Cuyler ReidSecretary
Letha WarnerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Integrated Education ServicesSpecial Ed-$116,578
Revenue and Support

Revenue Composition

Contributions and Grants
$457,706
Program Service Revenue
$3,338,583
Investment Income
$5
Other Revenue
$45,305
All Other Contributions
$27,554
Change in Net Assets
$-182,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,841,599
Total Revenue per Audited Statements
$3,841,599
Total Revenue per Form 990
$3,841,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,180,362
Other Expenses$1,843,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,474,193$89,769-$1,563,962
Interest$729,936$24,312-$754,248
Depreciation Depletion$313,886--$313,886
Other Employee Benefits$203,256$31,311-$234,567
Fees for Services Management-$192,500-$192,500
Pension Plan Contributions$145,539$34,094-$179,633
Fees for Services Other$131,270$43,007-$174,277
Occupancy$148,148--$148,148
Payroll Taxes$100,332$23,403-$123,735
Current Officers, Directors, Trustees, and Key Employees-$78,465-$78,465
All Other Expenses$26,277$6,349-$32,626
Information Technology$23,678$6,415-$30,093
Travel$18,055$1,756-$19,811
Insurance$18,681--$18,681
Other Expenses$16,536$1,226-$17,762
Fees for Services Accounting-$11,700-$11,700
Fees for Services Legal-$2,295-$2,295
Office Expenses-$2,096-$2,096
Advertising-$154-$154
Total Functional Expenses$3,471,577$552,096$0$4,023,673

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,023,673
Total Expenses per Audited Statements$4,023,673
Total Expenses per Form 990$4,023,673
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
Note Payable to Related Party$1,110,657
Due to Related Party-

Bond Issues

BondIssuerIssuedIssue PricePurpose
A86-07841252012-02-01$9,220,000To purchase and rennovate a building.
B86-07841252012-02-01$780,000To purchase and renovate a building.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,220,000--$226,529
B$780,000---

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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management duties are delgated to reid traditional schools, inc. (45- 3868431), a related party.”

Form 990, Page 6, Part VI, Line 11B

“The 990 is prepared by an external accounting firm and reviewed by the board of directors at an open meeting.”

Form 990, Page 6, Part VI, Line 12C

“Disclosure forms are completed each year. Conflict of interest policy is reviewed and discussed at a board meeting.”

Form 990, Page 6, Part VI, Line 15A

“The board reviewed salaries from form 990 of other organizations and from compensation surveyor studies. The board approves salaries.”

Form 990, Page 6, Part VI, Line 15B

“The board reviewed salaries from form 990 of other organizations and from compensation surveyor studies. The board approves salaries.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflicts of interest policy, financial statements, and information regarding our tax exempt status is available in the school office upon request. In the school newspaper, we announce that our 990 is available upon request.”

Filing and Contact Details

Filer

EIN
45-3868417
Phone
6234668855

Signing Officer

Name
Heidi Mitchell
Title
Chief Executive Officer
Phone
6234668855
Signed
2015-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heidi Mitchell
Formed
2011
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
84
Volunteers
150

Preparer

Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Founded in 2012, rts painted rock academy is modeled after the award- winning valley academy. In its first year of existence, student academic growth was in the top 2% of the state. The school earned an "a" rating from the arizona department of education. The mission of reid traditional schools is to offer back-to-basics, traditional education by providing a challenging, sequential, teacher- directed, standards-based, textbook-driven curriculum supported by individual accountability and high academic and behavioral standards.”

Form 990, Page 1, Part I, Line 6

“The volunteers raise funds for the school, help in classrooms, organize special events, assist in shaping academic decisions, and support teachers and students.”

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IRS990/OccupancyGrp/TotalAmt0148148
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02096
IRS990/OfficeExpensesGrp/TotalAmt02096
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0832853
IRS990/OtherAssetsTotalGrp/EOYAmt0841725
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt031311
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0203256
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0234567
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3GENERAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03244
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11226
IRS990/OtherExpensesGrp/ProgramServicesAmt069614
IRS990/OtherExpensesGrp/ProgramServicesAmt132589
IRS990/OtherExpensesGrp/ProgramServicesAmt219587
IRS990/OtherExpensesGrp/ProgramServicesAmt316536
IRS990/OtherExpensesGrp/TotalAmt072858
IRS990/OtherExpensesGrp/TotalAmt132589
IRS990/OtherExpensesGrp/TotalAmt219587
IRS990/OtherExpensesGrp/TotalAmt317762
IRS990/OtherLiabilitiesGrp/BOYAmt0812463
IRS990/OtherLiabilitiesGrp/EOYAmt01110657
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04505
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04505
IRS990/OtherRevenueTotalAmt04505
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt089769
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01474193
IRS990/OtherSalariesAndWagesGrp/TotalAmt01563962
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023403
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100332
IRS990/PayrollTaxesGrp/TotalAmt0123735
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034094
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0145539
IRS990/PensionPlanContributionsGrp/TotalAmt0179633
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020757
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt087128
IRS990/PrincipalOfficerNm0HEIDI MITCHELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CLASSROOM SITE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4INSTRUCTIONAL IMPROVEMENT FUN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02776801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1318886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2179025
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt345882
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02776801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1318886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2179025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt345882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417989
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0270067
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01799876
IRS990/PYOtherRevenueAmt049902
IRS990/PYProgramServiceRevenueAmt01996766
IRS990/PYRevenuesLessExpensesAmt0-1108318
IRS990/PYSalariesCompEmpBnftPaidAmt01625177
IRS990/PYTotalExpensesAmt03425053
IRS990/PYTotalRevenueAmt02316735
IRS990/ReconcilationRevenueExpnssAmt0-182074
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt040800
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03343088
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt06823537
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0352076
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07175613
IRS990ScheduleD/ExpensesSubtotalAmt04023673
IRS990ScheduleD/LandGrp/BookValueAmt01067624
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01067624
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0837353
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14372
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0522101
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0231140
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0753241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01110657
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt03841599
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08413262
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0841725
IRS990ScheduleD/TotalExpensesPerForm990Amt04023673
IRS990ScheduleD/TotalLiabilityAmt01110657
IRS990ScheduleD/TotalRevenuePerForm990Amt03841599
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03841599
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04023673
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY IS ON OUR WEBSITE AND IN MARKETING INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THIS IS A PUBLIC SCHOOL WHICH DOES NOT CHARGE TUITION, SO IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVED GOVERNMENT ASSISTANCE AND GRANTS DURING THE YEAR.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
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/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-02-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12012-02-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0860784125
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1860784125
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09220000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1780000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10EDUCATION REVENUE BONDS SERIES 2012
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine11EDUCATION REVENUE BONDS SERIES 2012
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO PURCHASE AND RENNOVATE A BUILDING.
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1TO PURCHASE AND RENOVATE A BUILDING.
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/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,861,010
Liabilities
$11,210,172
Net assets
-$1,349,162
Revenue
$3,841,599
Expenses
$4,023,673
Net income
-$182,074
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$11.5$0.38$4.95$4.94$0.00
2023Detailed filing. Detailed filing data is available for this year.$12.1$11.8$0.38$5.04$4.91$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.65$0.25$5.26$5.14$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.74$0.14$5.09$5.05$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.75$0.10$5.17$4.99$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.88$0.08$4.82$4.62$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.88$0.28$4.78$4.68$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.77$1.15$0.38$4.41$4.38$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.76$1.17$0.41$4.58$4.57$0.01
2014Detailed filing. Detailed filing data is available for this year.$9.86$11.2$1.35$3.84$4.02$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.81$11.0$1.17$3.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$10.1$0.06$0.10