Civic Intelligence

Envision Science Academy

990 • Fiscal year 2018 • EIN 46-1560554

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 26, 2019

Organization ProfileWWW.ENVISIONSCIENCEACADEMY.COM
590 Traditions Grande BlvdWake Forest, NC 27587

(919) 435-4002

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.10x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

2.13x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

14th percentile

-7.4%

Higher net margin than 14% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$86,358

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

23rd percentile

-3.1%

Faster asset growth than 23% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$10,759,926

Down $347,849 (-3.1%) from 2017

Net Assets

Down

-$1,053,868

Down $413,298 (-65%) from 2017

Liabilities

Up

$11,813,794

Up $65,449 (+0.6%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin14th percentile

Revenue

Up

$5,550,857

Up $733,817 (+15%) from 2017

Expenses

Up

$5,964,155

Up $946,029 (+19%) from 2017

Net Income

Down

-$413,298

Down $212,212 (-106%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2013: $1Liabilities 2013: $02013Assets 2015: $78,128Liabilities 2015: $4,814Net Assets 2015: $73,3142015Assets 2016: $11,280,671Liabilities 2016: $11,720,155Net Assets 2016: -$439,4842016Assets 2017: $11,107,775Liabilities 2017: $11,748,345Net Assets 2017: -$640,5702017Assets 2018: $10,759,926Liabilities 2018: $11,813,794Net Assets 2018: -$1,053,8682018Assets 2019: $10,944,490Liabilities 2019: $11,641,055Net Assets 2019: -$696,5652019Assets 2020: $11,263,259Liabilities 2020: $11,380,129Net Assets 2020: -$116,8702020Assets 2021: $11,460,678Liabilities 2021: $11,151,567Net Assets 2021: $309,1112021Assets 2022: $11,596,363Liabilities 2022: $10,923,853Net Assets 2022: $672,5102022Assets 2023: $11,723,313Liabilities 2023: $10,660,330Net Assets 2023: $1,062,9832023Assets 2024: $11,748,644Liabilities 2024: $10,403,460Net Assets 2024: $1,345,1842024

Highlighted filing

2018

Assets$10,759,926
Liabilities$11,813,794
Net Assets-$1,053,868
Open 2018 Filing

Operations Trend

Revenue Growth69th percentile

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

$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $1,871,925Expenses 2015: $1,798,611Net Income 2015: $73,3142015Revenue 2016: $3,103,452Expenses 2016: $3,616,250Net Income 2016: -$512,7982016Revenue 2017: $4,817,040Expenses 2017: $5,018,126Net Income 2017: -$201,0862017Revenue 2018: $5,550,857Expenses 2018: $5,964,155Net Income 2018: -$413,2982018Revenue 2019: $6,257,438Expenses 2019: $5,900,135Net Income 2019: $357,3032019Revenue 2020: $6,815,714Expenses 2020: $6,236,019Net Income 2020: $579,6952020Revenue 2021: $7,096,370Expenses 2021: $6,670,389Net Income 2021: $425,9812021Revenue 2022: $7,472,662Expenses 2022: $7,109,263Net Income 2022: $363,3992022Revenue 2023: $7,611,078Expenses 2023: $7,220,605Net Income 2023: $390,4732023Revenue 2024: $8,432,008Expenses 2024: $8,149,807Net Income 2024: $282,2012024

Highlighted filing

2018

Revenue$5,550,857
Expenses$5,964,155
Net Income-$413,298
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 26, 2019
Return Version
2017v2.3
Gross Receipts
$5,550,857
Mission and Program Overview

Mission

Operation of a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,367,112$8,841,570▲ $474,458
Savings and Temporary Cash Investments$1,934,482$1,157,082▼ $777,400
Cash and Non-Interest-Bearing Accounts$656,982$746,422▲ $89,440
Accounts Receivable$149,199$14,852▼ $134,347
Total Assets$11,107,775$10,759,926▼ $347,849
Liabilities
Tax Exempt Bond Liabilities$11,242,941$11,242,941→ $0
Mortgage Notes Payable Secured by Investment Property$315,000$315,000→ $0
Other Liabilities$147,059$147,059→ $0
Accounts Payable and Accrued Expenses$29,595$108,794▲ $79,199
Deferred Revenue$13,750--
Total Liabilities$11,748,345$11,813,794▲ $65,449
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$1,157,083-
Unrestricted Net Assets$-640,570$-2,210,951▼ $1,570,381
Total Net Assets Fund Balance$-640,570$-1,053,868▼ $413,298
Total Liabilities and Net Assets / Fund Balance$11,107,775$10,759,926▼ $347,849

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,089,353$365,052$8,454,405
Land$637,472-$637,472
Equipment$114,745$14,092$128,837
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Charles a FullerPrincipalFT$86,358$86,358

Board Members and Trustees

NameTitle
Arunee Monica CutnoPresident
Diego TorresDirector
Holly MillerDirector
Josh RedlusDirector
Roland Lewis JrDirector
Sonal KrishnaDirector
Portia ScottSecretary
Ryan CottermanTreasurer
Marla Mills-wilsonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$137,975
Program Service Revenue
$5,368,191
Investment Income
$2,968
Other Revenue
$41,723
All Other Contributions
$28,420
Change in Net Assets
$-413,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,550,857
Revenue Not Reported on Form 990
$426,685
Total Revenue per Audited Statements
$5,977,542
Total Revenue per Form 990
$5,550,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,825,644
Other Expenses$2,138,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,673,482$375,404-$3,048,886
Interest$772,420$257,474-$1,029,894
Other Employee Benefits$341,192$49,188-$390,380
Depreciation Depletion$219,852$73,284-$293,136
Payroll Taxes$234,278$33,775-$268,053
Information Technology$174,969--$174,969
Fees for Services Other$128,241$40,930-$169,171
Current Officers, Directors, Trustees, and Key Employees$94,660$23,665-$118,325
Occupancy$67,041$11,831-$78,872
Fees for Services Legal-$49,375-$49,375
Office Expenses$18,646$25,764-$44,410
Conferences and Meetings$26,641$2,960-$29,601
Insurance-$13,979-$13,979
Other Expenses$35,824$13,682-$13,682
All Other Expenses$9,689--$9,689
Fees for Services Accounting-$8,460-$8,460
Travel-$556-$556
Total Functional Expenses$4,968,320$995,835$0$5,964,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,390,840
Expenses per Audited Statements$5,964,155
Total Expenses per Form 990$5,964,155
Expenses Not Reported on Form 990$426,685
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
Bond Premium$147,059

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Auth - Series 2016a2016-05-17$11,242,910SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,282,266$224,000-$224,857

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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
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, Page 6, Part VI, Line 2

“Roland lewis, jr arunee cutno board member board presdt husband and wife”

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

“990 is reviewed at board meeting during the financial committee report.”

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

“Board members are required to complete conflict of interest forms. Organization confirms whether such interests exist prior to undertaking relationship. If conflict failed to be disclosed the board reserves the right to review, revise, and terminate the agreement.”

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

“Top management official's compensation is based on state and county salary scales and experience.”

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

“Other officer and key employee compensation is based on state and county salary scales and experience.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and all policies are posted on the organization's website. Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Envision Science Academy Inc
EIN
46-1560554
Phone
9194354002
Address
590 TRADITIONS GRANDE BLVD, WAKE FOREST, NC 27587

Signing Officer

Name
Arunee Monica Cutno
Title
President
Phone
9194354002
Signed
2019-02-26

Organization Details

Principal Officer
Arunee Monica Cutno
Formed
2012
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
112
Volunteers
9

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Lease payments from disregared entity 426,685 lease payments to disregarded entity -426,685”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Lease payments from disregared entity 426,685”

Schedule D, Page 4, Part XII, Line 2D

“Lease payments to disregarded entity 426,685”

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IRS990/OtherExpensesGrp/ProgramServicesAmt0171385
IRS990/OtherExpensesGrp/ProgramServicesAmt135824
IRS990/OtherExpensesGrp/TotalAmt0171385
IRS990/OtherExpensesGrp/TotalAmt135824
IRS990/OtherExpensesGrp/TotalAmt215508
IRS990/OtherExpensesGrp/TotalAmt313682
IRS990/OtherLiabilitiesGrp/BOYAmt0147059
IRS990/OtherLiabilitiesGrp/EOYAmt0147059
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUNDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt022356
IRS990/OtherRevenueMiscGrp/ExclusionAmt119367
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022356
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt119367
IRS990/OtherRevenueTotalAmt041723
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0375404
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02673482
IRS990/OtherSalariesAndWagesGrp/TotalAmt03048886
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033775
IRS990/PayrollTaxesGrp/ProgramServicesAmt0234278
IRS990/PayrollTaxesGrp/TotalAmt0268053
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ARUNEE MONICA CUTNO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1TOTAL COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03753556
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11614635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03753556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11614635
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0108849
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08206
IRS990/PYOtherExpensesAmt01833946
IRS990/PYOtherRevenueAmt022547
IRS990/PYProgramServiceRevenueAmt04677438
IRS990/PYRevenuesLessExpensesAmt0-201086
IRS990/PYSalariesCompEmpBnftPaidAmt03184180
IRS990/PYTotalExpensesAmt05018126
IRS990/PYTotalRevenueAmt04817040
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-413298
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05368191
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01934482
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01157082
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08089353
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0365052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08454405
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114745
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0128837
IRS990ScheduleD/ExpensesNotReportedAmt0426685
IRS990ScheduleD/ExpensesSubtotalAmt05964155
IRS990ScheduleD/LandGrp/BookValueAmt0637472
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0637472
IRS990ScheduleD/OtherExpensesIncludedAmt0426685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0147059
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUM
IRS990ScheduleD/OtherRevenueAmt0426685
IRS990ScheduleD/RevenueNotReportedAmt0426685
IRS990ScheduleD/RevenueSubtotalAmt05550857
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LEASE PAYMENTS FROM DISREGARED ENTITY 426,685
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LEASE PAYMENTS TO DISREGARDED ENTITY 426,685
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08841570
IRS990ScheduleD/TotalExpensesPerForm990Amt05964155
IRS990ScheduleD/TotalLiabilityAmt0147059
IRS990ScheduleD/TotalRevenuePerForm990Amt05550857
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05977542
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06390840
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ENVISION SCIENCE ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY ON NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NORTH CAROLINA PUBLIC CHARTER SCHOOL, FUNDED BY STATE AND LOCAL GOVERNMENT ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0PUBLIC FINANCE AUTH - SERIES 2016A LAND ACQUISITION & CONSTRUCTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-05-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0744396BN1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011242910
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTH - SERIES 2016A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0SEE PART VI
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt09189611
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0842177
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0801621
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0224857
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt0224000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011282266
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROLAND LEWIS, JR ARUNEE CUTNO BOARD MEMBER BOARD PRESDT HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS REVIEWED AT BOARD MEETING DURING THE FINANCIAL COMMITTEE REPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST FORMS. ORGANIZATION CONFIRMS WHETHER SUCH INTERESTS EXIST PRIOR TO UNDERTAKING RELATIONSHIP. IF CONFLICT FAILED TO BE DISCLOSED THE BOARD RESERVES THE RIGHT TO REVIEW, REVISE, AND TERMINATE THE AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOP MANAGEMENT OFFICIAL'S COMPENSATION IS BASED ON STATE AND COUNTY SALARY SCALES AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER OFFICER AND KEY EMPLOYEE COMPENSATION IS BASED ON STATE AND COUNTY SALARY SCALES AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND ALL POLICIES ARE POSTED ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LEASE PAYMENTS FROM DISREGARED ENTITY 426,685 LEASE PAYMENTS TO DISREGARDED ENTITY -426,685
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,759,926
Liabilities
$11,813,794
Net assets
-$1,053,868
Revenue
$5,550,857
Expenses
$5,964,155
Net income
-$413,298
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.7$10.4$1.35$8.43$8.15$0.28
2023Detailed filing. Detailed filing data is available for this year.$11.7$10.7$1.06$7.61$7.22$0.39
2022Detailed filing. Detailed filing data is available for this year.$11.6$10.9$0.67$7.47$7.11$0.36
2021Detailed filing. Detailed filing data is available for this year.$11.5$11.2$0.31$7.10$6.67$0.43
2020Detailed filing. Detailed filing data is available for this year.$11.3$11.4$0.12$6.82$6.24$0.58
2019Detailed filing. Detailed filing data is available for this year.$10.9$11.6$0.70$6.26$5.90$0.36
2018Detailed filing. Detailed filing data is available for this year.$10.8$11.8$1.05$5.55$5.96$0.41
2017Detailed filing. Detailed filing data is available for this year.$11.1$11.7$0.64$4.82$5.02$0.20
2016Summary only. Only limited summary data is available for this year.$11.3$11.7$0.44$3.10$3.62$0.51
2015Summary only. Only limited summary data is available for this year.$0.08$0.00$0.07$1.87$1.80$0.07
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00