Civic Intelligence

Wheatley School Facility Foundation Inc

990 • Fiscal year 2015 • EIN 46-1988283

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 03, 2016

Organization ProfileN/A
909 Poydras St Suite 1200New Orleans, LA 70112

(504) 373-6200

Siviq Scores

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

Liabilities / Assets

57th percentile

0.35x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

21.05x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

2nd percentile

-111%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

24th percentile

-3.2%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$30,533,635

Down $1,003,951 (-3.2%) from 2014

Net Assets

Down

$19,844,853

Down $562,241 (-2.8%) from 2014

Liabilities

Down

$10,688,782

Down $441,710 (-4.0%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$507,794

Down $1,163,130 (-70%) from 2014

Expenses

Up

$1,070,035

Up $582,031 (+119%) from 2014

Net Income

Down

-$562,241

Down $1,745,161 (-148%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$40M$30M$20M$10M$0Assets 2013: $32,597,056Liabilities 2013: $13,372,882Net Assets 2013: $19,224,1742013Assets 2014: $31,537,586Liabilities 2014: $11,130,492Net Assets 2014: $20,407,0942014Assets 2015: $30,533,635Liabilities 2015: $10,688,782Net Assets 2015: $19,844,8532015Assets 2016: $28,493,692Liabilities 2016: $9,356,532Net Assets 2016: $19,137,1602016Assets 2017: $27,873,082Liabilities 2017: $9,442,464Net Assets 2017: $18,430,6182017Assets 2018: $27,178,358Liabilities 2018: $9,441,672Net Assets 2018: $17,736,6862018Assets 2019: $26,521,934Liabilities 2019: $9,483,633Net Assets 2019: $17,038,3012019Assets 2020: $186,771Liabilities 2020: $2,986Net Assets 2020: $183,7852020Assets 2021: $29,496Liabilities 2021: $2,986Net Assets 2021: $26,5102021Assets 2022: $18,459Liabilities 2022: $2,988Net Assets 2022: $15,4712022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$30,533,635
Liabilities$10,688,782
Net Assets$19,844,853
Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

$20M$10M$0-$10M-$20MRevenue 2013: $19,257,068Expenses 2013: $32,894Net Income 2013: $19,224,1742013Revenue 2014: $1,670,924Expenses 2014: $488,004Net Income 2014: $1,182,9202014Revenue 2015: $507,794Expenses 2015: $1,070,035Net Income 2015: -$562,2412015Revenue 2016: $342,584Expenses 2016: $1,050,277Net Income 2016: -$707,6932016Revenue 2017: $330,341Expenses 2017: $1,036,883Net Income 2017: -$706,5422017Revenue 2018: $344,563Expenses 2018: $1,038,494Net Income 2018: -$693,9312018Revenue 2019: $344,571Expenses 2019: $1,042,956Net Income 2019: -$698,3852019Revenue 2020: $171,179Expenses 2020: $17,025,695Net Income 2020: -$16,854,5162020Revenue 2021: $0Expenses 2021: $157,275Net Income 2021: -$157,2752021Revenue 2022: $0Expenses 2022: $11,039Net Income 2022: -$11,0392022Revenue 2023: $0Expenses 2023: $8,111Net Income 2023: -$8,1112023

Highlighted filing

2015

Revenue$507,794
Expenses$1,070,035
Net Income-$562,241
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$507,794
Mission and Program Overview

Mission

To design, finance, construct, equip, maintain, and lease the phyllis wheatley elementary school in new orleans, louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,429,852$28,758,859▼ $670,993
Intangible Assets$1,415,187$1,372,627▼ $42,560
Cash and Non-Interest-Bearing Accounts$69,357$244,059▲ $174,702
Pledges and Grants Receivable$185,666$0▼ $185,666
Accounts Receivable$54,560$27,689▼ $26,871
Prepaid Expenses and Deferred Charges-$6,395-
Total Assets$31,537,586$30,533,635▼ $1,003,951
Other Assets Total$382,964$124,006▼ $258,958
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,745,000$9,745,000→ $0
Other Liabilities$938,033$938,033→ $0
Accounts Payable and Accrued Expenses$447,459$5,749▼ $441,710
Total Liabilities$11,130,492$10,688,782▼ $441,710
Net Assets / Fund Balance
Unrestricted Net Assets$20,407,094$19,844,853▼ $562,241
Total Net Assets Fund Balance$20,407,094$19,844,853▼ $562,241
Total Liabilities and Net Assets / Fund Balance$31,537,586$30,533,635▼ $1,003,951

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,519,643$1,228,154-
Land$239,216--
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Ramsey GreenChair
Timothy RussellVice-chair
Jeff SchwartzBoard Member
Walter SternBoard Member
Wil JacobsTreasurer-secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$165,201
Program Service Revenue
$0
Investment Income
$129
Other Revenue
$342,464
Change in Net Assets
$-562,241

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$165,201Cost
Total Noncash Contributions1$165,201-

Audited Revenue Reconciliation

Revenue per Audited Statements
$507,794
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$507,794
Total Revenue per Form 990
$507,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,035,035
Grants and Similar Amounts Paid$35,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$891,560--$891,560
Interest$97,452--$97,452
Grants to Domestic Orgs$35,000--$35,000
Fees for Services Accounting$24,138--$24,138
Other Expenses$14,501--$14,501
Fees for Services Management$3,800--$3,800
Fees for Services Legal$1,593--$1,593
Fees for Services Other$1,491--$1,491
Office Expenses$500--$500
Total Functional Expenses$1,070,035$0$0$1,070,035

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,070,035
Total Expenses per Audited Statements$1,070,035
Total Expenses per Form 990$1,070,035
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Orleans School Facility Finance Foundation IncNew Orleans, LA501(c)(3)To Make a Capital Contribution in Historic School Facility Manager, LLC$35,000
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
Developer Fee Payable$938,033
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Section B, Line 11

“Form 990 is prepared by accountants, then reviewed by an administrative agent prior to review and approval by the board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Wheatley School Facility Foundation Inc
EIN
46-1988283
Phone
5043736200
Address
909 POYDRAS ST SUITE 1200, NEW ORLEANS, LA 70112

Signing Officer

Name
Ramsey Green
Title
Chair
Phone
5043736200
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramsey Green
Formed
2013
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
303 WEST THIRD STREET, DOVER, OH 44622
Preparer
John S Sciarretti
Phone
3303655400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization assumes responsibility for oversight of the audit and selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and have measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.”

Raw XML Appendix375 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0447459
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05749
IRS990/AccountsReceivableGrp/BOYAmt054560
IRS990/AccountsReceivableGrp/EOYAmt027689
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DESIGN, FINANCE, CONSTRUCT, EQUIP, MAINTAIN, AND LEASE THE PHYLLIS WHEATLEY ELEMENTARY SCHOOL IN NEW ORLEANS, LOUISIANA.
IRS990/AddressChangeInd0X
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAMSEY GREEN
IRS990/BooksInCareOfDetail/PhoneNum05043736200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0909 POYDRAS ST SUITE 1200
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070112
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt069357
IRS990/CashNonInterestBearingGrp/EOYAmt0244059
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0165201
IRS990/CYGrantsAndSimilarPaidAmt035000
IRS990/CYInvestmentIncomeAmt0129
IRS990/CYOtherExpensesAmt01035035
IRS990/CYOtherRevenueAmt0342464
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-562241
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01070035
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0507794
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0891560
IRS990/DepreciationDepletionGrp/TotalAmt0891560
IRS990/Desc0PHYLLIS WHEATLEY ELEMENTARY SCHOOL - NEW ORLEANS, LOUISIANA
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01070035
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt024138
IRS990/FeesForServicesAccountingGrp/TotalAmt024138
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01593
IRS990/FeesForServicesLegalGrp/TotalAmt01593
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03800
IRS990/FeesForServicesManagementGrp/TotalAmt03800
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01491
IRS990/FeesForServicesOtherGrp/TotalAmt01491
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RAMSEY GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1TIMOTHY RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm2WIL JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFF SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4WALTER STERN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0165201
IRS990/GrantAmt035000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt035000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt035000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0507794
IRS990/GrossRentsGrp/RealAmt0342464
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt01415187
IRS990/IntangibleAssetsGrp/EOYAmt01372627
IRS990/InterestGrp/ProgramServicesAmt097452
IRS990/InterestGrp/TotalAmt097452
IRS990/InvestmentIncomeGrp/ExclusionAmt0129
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0129
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01228154
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029429852
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028758859
IRS990/LandBldgEquipCostOrOtherBssAmt029987013
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DESIGN, FINANCE, CONSTRUCT, EQUIP, MAINTAIN, AND LEASE THE PHYLLIS WHEATLEY ELEMENTARY SCHOOL IN NEW ORLEANS, LOUISIANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09745000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09745000
IRS990/NetAssetsOrFundBalancesBOYAmt020407094
IRS990/NetAssetsOrFundBalancesEOYAmt019844853
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0342464
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0342464
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0165201
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0500
IRS990/OfficeExpensesGrp/TotalAmt0500
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0382964
IRS990/OtherAssetsTotalGrp/EOYAmt0124006
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INSURANCE EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt014501
IRS990/OtherExpensesGrp/TotalAmt014501
IRS990/OtherLiabilitiesGrp/BOYAmt0938033
IRS990/OtherLiabilitiesGrp/EOYAmt0938033
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0185666
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06395
IRS990/PrincipalOfficerNm0RAMSEY GREEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01480398
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0142
IRS990/PYOtherExpensesAmt0488004
IRS990/PYOtherRevenueAmt0190384
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01182920
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0488004
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01670924
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-562241
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0342464
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0507794
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0165201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01480398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019256956
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020902555
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0342593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0190526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0533231
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt020902555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0165201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01480398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt019256956
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020902555
IRS990ScheduleA/TotalSupportAmt021435786
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt028519643
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01228154
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt029747797
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01070035
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0239216
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0239216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0938033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEVELOPER FEE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0507794
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028758859
IRS990ScheduleD/TotalExpensesPerForm990Amt01070035
IRS990ScheduleD/TotalLiabilityAmt0938033
IRS990ScheduleD/TotalRevenuePerForm990Amt0507794
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0507794
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01070035
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt035000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO MAKE A CAPITAL CONTRIBUTION IN HISTORIC SCHOOL FACILITY MANAGER, LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0463775207
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0909 POYDRAS STREET SUITE 1200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070112
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0GENERAL CONSTRUCTION
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0165201
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY ACCOUNTANTS, THEN REVIEWED BY AN ADMINISTRATIVE AGENT PRIOR TO REVIEW AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0LA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt031537586
IRS990/TotalAssetsEOYAmt030533635
IRS990/TotalAssetsGrp/BOYAmt031537586
IRS990/TotalAssetsGrp/EOYAmt030533635
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0165201
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01070035
IRS990/TotalFunctionalExpensesGrp/TotalAmt01070035
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011130492
IRS990/TotalLiabilitiesEOYAmt010688782
IRS990/TotalLiabilitiesGrp/BOYAmt011130492
IRS990/TotalLiabilitiesGrp/EOYAmt010688782
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020407094
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019844853
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01070035
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0129
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0342464
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0507794
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031537586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030533635
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt020407094
IRS990/UnrestrictedNetAssetsGrp/EOYAmt019844853
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0909 POYDRAS ST SUITE 1200
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070112
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RAMSEY GREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05043736200
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WHEATLEY SCHOOL FACILITY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WHEA
ReturnHeader/Filer/EIN0461988283
ReturnHeader/Filer/PhoneNum05043736200
ReturnHeader/Filer/USAddress/AddressLine1Txt0909 POYDRAS ST SUITE 1200
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070112
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 WEST THIRD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044622
ReturnHeader/PreparerPersonGrp/PhoneNum03303655400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S SCIARRETTI
ReturnHeader/ReturnTs02016-11-03T13:38:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,533,635
Liabilities
$10,688,782
Net assets
$19,844,853
Revenue
$507,794
Expenses
$1,070,035
Net income
-$562,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.00$0.16$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.18$0.17$17.0$16.9
2019Detailed filing. Detailed filing data is available for this year.$26.5$9.48$17.0$0.34$1.04$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$9.44$17.7$0.34$1.04$0.69
2017Detailed filing. Detailed filing data is available for this year.$27.9$9.44$18.4$0.33$1.04$0.71
2016Detailed filing. Detailed filing data is available for this year.$28.5$9.36$19.1$0.34$1.05$0.71
2015Detailed filing. Detailed filing data is available for this year.$30.5$10.7$19.8$0.51$1.07$0.56
2014Detailed filing. Detailed filing data is available for this year.$31.5$11.1$20.4$1.67$0.49$1.18
2013Detailed filing. Detailed filing data is available for this year.$32.6$13.4$19.2$19.3$0.03$19.2