Civic Intelligence

Magnolia Properties Management Inc

EIN 45-4683724 • 501(c)3 • Los Angeles, CA

Profile

To provide educational facilities for the magnolia public schools

250 E 1st St 1500Los Angeles, CA 90012

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.51x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

1.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

99th percentile

96%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

15th percentile

$222,903

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

99th percentile

256%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

2215%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$107,034,266

Down $2,131,735 (-2.0%) from 2023

Liabilities

Down

$52,404,012

Down $3,169,907 (-5.7%) from 2023

Net Assets

Up

$54,630,254

Up $1,038,172 (+1.9%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin99th percentile

Revenue

Down

$1,504,503

Down $51,918,693 (-97%) from 2023

Expenses

Up

$2,715,704

Up $317,447 (+13%) from 2023

Net Income

Down

-$1,211,201

Down $52,236,140 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$150M$100M$50M$0Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2015: $6,387,158Liabilities 2015: $6,020,000Net Assets 2015: $367,1582015Assets 2016: $6,563,717Liabilities 2016: $6,396,563Net Assets 2016: $167,1542016Assets 2017: $6,477,365Liabilities 2017: $6,316,563Net Assets 2017: $160,8022017Assets 2018: $33,428,501Liabilities 2018: $33,075,659Net Assets 2018: $352,8422018Assets 2019: $34,417,249Liabilities 2019: $32,985,659Net Assets 2019: $1,431,5902019Assets 2020: $31,828,201Liabilities 2020: $29,549,320Net Assets 2020: $2,278,8812020Assets 2021: $31,258,494Liabilities 2021: $28,933,131Net Assets 2021: $2,325,3632021Assets 2022: $30,634,440Liabilities 2022: $28,287,064Net Assets 2022: $2,347,3762022Assets 2023: $109,166,001Liabilities 2023: $55,573,919Net Assets 2023: $53,592,0822023Assets 2024: $107,034,266Liabilities 2024: $52,404,012Net Assets 2024: $54,630,2542024

Highlighted filing

2024

Assets$107,034,266
Liabilities$52,404,012
Net Assets$54,630,254
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

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

$60M$40M$20M$0-$20MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $447,519Expenses 2015: $80,361Net Income 2015: $367,1582015Revenue 2016: $447,511Expenses 2016: $647,515Net Income 2016: -$200,0042016Revenue 2017: $446,911Expenses 2017: $453,263Net Income 2017: -$6,3522017Revenue 2018: $947,294Expenses 2018: $1,190,922Net Income 2018: -$243,6282018Revenue 2019: $2,966,696Expenses 2019: $1,887,948Net Income 2019: $1,078,7482019Revenue 2020: $2,530,294Expenses 2020: $1,909,257Net Income 2020: $621,0372020Revenue 2021: $2,387,678Expenses 2021: $2,417,478Net Income 2021: -$29,8002021Revenue 2022: $2,307,270Expenses 2022: $2,486,971Net Income 2022: -$179,7012022Revenue 2023: $53,423,196Expenses 2023: $2,398,257Net Income 2023: $51,024,9392023Revenue 2024: $1,504,503Expenses 2024: $2,715,704Net Income 2024: -$1,211,2012024

Highlighted filing

2024

Revenue$1,504,503
Expenses$2,715,704
Net Income-$1,211,201
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$107,034,266
Liabilities
$52,404,012
Net assets
$54,630,254
Revenue
$1,504,503
Expenses
$2,715,704
Net income
-$1,211,201
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$107$52.4$54.6$1.50$2.72$1.21
2023Detailed filing. Detailed filing data is available for this year.$109$55.6$53.6$53.4$2.40$51.0
2022Detailed filing. Detailed filing data is available for this year.$30.6$28.3$2.35$2.31$2.49$0.18
2021Detailed filing. Detailed filing data is available for this year.$31.3$28.9$2.33$2.39$2.42$0.03
2020Detailed filing. Detailed filing data is available for this year.$31.8$29.5$2.28$2.53$1.91$0.62
2019Detailed filing. Detailed filing data is available for this year.$34.4$33.0$1.43$2.97$1.89$1.08
2018Detailed filing. Detailed filing data is available for this year.$33.4$33.1$0.35$0.95$1.19$0.24
2017Detailed filing. Detailed filing data is available for this year.$6.48$6.32$0.16$0.45$0.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$6.56$6.40$0.17$0.45$0.65$0.20
2015Detailed filing. Detailed filing data is available for this year.$6.39$6.02$0.37$0.45$0.08$0.37
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 21, 2025
Return Version
2023v6.0
Gross Receipts
$1,504,503
Mission and Program Overview

Mission

To provide educational facilities for the magnolia public schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$53,424,346$52,419,278▼ $1,005,068
Accounts Receivable$51,046,588$50,084,275▼ $962,313
Savings and Temporary Cash Investments$4,695,067$4,530,713▼ $164,354
Total Assets$109,166,001$107,034,266▼ $2,131,735
Liabilities
Tax Exempt Bond Liabilities$27,159,347$26,438,241▼ $721,106
Mortgage Notes Payable Secured by Investment Property$27,964,792$25,515,737▼ $2,449,055
Other Liabilities$449,780$450,034▲ $254
Total Liabilities$55,573,919$52,404,012▼ $3,169,907
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$53,592,082$54,630,254▲ $1,038,172
Total Net Assets Fund Balance$53,592,082$54,630,254▲ $1,038,172
Total Liabilities and Net Assets / Fund Balance$109,166,001$107,034,266▼ $2,131,735

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,887,632$4,301,904$30,189,536
Land$26,531,646-$26,531,646
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Rabbi Haim BeliakChair
Alfredo RubalcavaCEO
Steve BudhrajaCFO
Erdinc AcarDeputy Superintendent
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,335,838
Investment Income
$174,556
Other Revenue
$-4,005,891
Change in Net Assets
$-1,211,201
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,715,704
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$1,495,225--$1,495,225
Depreciation Depletion$842,296--$842,296
Other Expenses$38,894--$38,894
Fees for Services Other-$32,671-$32,671
Total Functional Expenses$2,683,033$32,671$0$2,715,704
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
Refundable Advance$450,034

Bond Issues

BondIssuerIssuedIssue PricePurpose
BMagnolia Properties Management Inc2017-09-06$25,000,000Purchase and maintenance of educational facilities
AMagnolia Properties Management Inc2014-07-01$6,020,000Purchase and maintenance of educational facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$25,000,000-$3,428,753$933,250
A$6,466,563$3,310$1,598,463$458,443

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
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The return is provided to the board members prior to filing”

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

“All board members, executive staff and principals are required to submit reports that document any possible conflicts of interest using the form 700 as required by our oversight agency.”

Form 990, Part VI, Section C, Line 18

“All tax returns are maintained at the corporate office and are available upon request.”

Form 990, Part VI, Section C, Line 19

“All governing documents are maintained at the corporate office and are available upon request.”

Form 990 Part VII Section A Column F

“The organization participates in the public employee retirement system of california and state teachers retirement system, defined benefit plans, due to the size and varied participants in this plan the actuarial value is not calculated on a per employee basis. No amount is included in column f for a reasonable estimate of the increase in actuarial value.”

Filing and Contact Details

Filer

Filer Name
Magnolia Properties Management Inc
EIN
45-4683724
Phone
7148925066
Address
250 E 1ST ST 1500, LOS ANGELES, CA 90012

Signing Officer

Name
Steve Budhraja
Title
CFO
Phone
7148925066
Signed
2025-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Budhraja
Formed
2012
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Eide Bailly Llp
Address
10681 FOOTHILL BLVD STE 300, RANCHO CUCAMONGA, CA 91730-3831
Preparer
Catherine L Gray CPA
Phone
9094664410
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Intercompany transfers 2,249,373.”

Financial Statement Notes

PART X, LINE 2:

“Management believes that the organization has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

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IRS990ScheduleD/BuildingsGrp/BookValueAmt025887632
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04301904
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030189536
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt026531646
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt026531646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0450034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052419278
IRS990ScheduleD/TotalLiabilityAmt0450034
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0255694
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1190890
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2187269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt118663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt212442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALFREDO RUBALCAVA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ERDINC ACAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2STEVE BUDHRAJA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DEPUTY SUPERINTENDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0274357
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1209553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2199711
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-07-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12017-09-06
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013059TAV1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum113058TFD1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06020000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt125000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MAGNOLIA PROPERTIES MANAGEMENT INC
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1MAGNOLIA PROPERTIES MANAGEMENT INC
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE AND MAINTENANCE OF EDUCATIONAL FACILITIES
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1PURCHASE AND MAINTENANCE OF EDUCATIONAL FACILITIES
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04467910
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt122562270
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0446563
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt11936837
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0458443
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1933250
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt03310
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt01598463
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt13428753
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt06466563
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt125000000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt01093648
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS, EXECUTIVE STAFF AND PRINCIPALS ARE REQUIRED TO SUBMIT REPORTS THAT DOCUMENT ANY POSSIBLE CONFLICTS OF INTEREST USING THE FORM 700 AS REQUIRED BY OUR OVERSIGHT AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL TAX RETURNS ARE MAINTAINED AT THE CORPORATE OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE MAINTAINED AT THE CORPORATE OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PARTICIPATES IN THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF CALIFORNIA AND STATE TEACHERS RETIREMENT SYSTEM, DEFINED BENEFIT PLANS, DUE TO THE SIZE AND VARIED PARTICIPANTS IN THIS PLAN THE ACTUARIAL VALUE IS NOT CALCULATED ON A PER EMPLOYEE BASIS. NO AMOUNT IS INCLUDED IN COLUMN F FOR A REASONABLE ESTIMATE OF THE INCREASE IN ACTUARIAL VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTERCOMPANY TRANSFERS 2,249,373.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART VII SECTION A COLUMN F
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0MPM SHERMAN WAY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1MPM SANTA ANA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2MPM SAN DIEGO LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3MPM SHERMAN WINNETKA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4MPM 1660 VANOWEN STREET LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt027739103
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt15661484
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt219527039
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt319788793
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt434317847
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3CA

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