Civic Intelligence

Charlotte Education Foundation

990 • Fiscal year 2021 • EIN 46-4239471

Jul 01, 2020 to Jun 30, 2021 • Filed on May 30, 2022

Organization ProfileWWW.QUEENCITYSTEM.ORG
8701 Mallard Creek RdCharlotte, NC 28262-6006

(980) 299-6633

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

1.98x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

19th percentile

$79,730

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

31st percentile

2.8%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

39%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$17,162,280

Up $465,085 (+2.8%) from 2020

Net Assets

Up

-$27,293

Up $1,120,052 (+98%) from 2020

Liabilities

Down

$17,189,573

Down $654,967 (-3.7%) from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin51st percentile

Revenue

Up

$8,684,444

Up $2,441,362 (+39%) from 2020

Expenses

Up

$7,564,392

Up $1,507,218 (+25%) from 2020

Net Income

Up

$1,120,052

Up $934,144 (+502%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2016: $526,347Liabilities 2016: $739,456Net Assets 2016: -$213,1092016Assets 2017: $282,015Liabilities 2017: $670,280Net Assets 2017: -$388,2652017Assets 2018: $10,550,359Liabilities 2018: $11,602,227Net Assets 2018: -$1,051,8682018Assets 2019: $16,079,302Liabilities 2019: $17,412,555Net Assets 2019: -$1,333,2532019Assets 2020: $16,697,195Liabilities 2020: $17,844,540Net Assets 2020: -$1,147,3452020Assets 2021: $17,162,280Liabilities 2021: $17,189,573Net Assets 2021: -$27,2932021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$17,162,280
Liabilities$17,189,573
Net Assets-$27,293
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $2,215,566Expenses 2016: $2,428,675Net Income 2016: -$213,1092016Revenue 2017: $2,845,807Expenses 2017: $3,020,963Net Income 2017: -$175,1562017Revenue 2018: $4,059,680Expenses 2018: $4,723,283Net Income 2018: -$663,6032018Revenue 2019: $4,439,759Expenses 2019: $4,721,144Net Income 2019: -$281,3852019Revenue 2020: $6,243,082Expenses 2020: $6,057,174Net Income 2020: $185,9082020Revenue 2021: $8,684,444Expenses 2021: $7,564,392Net Income 2021: $1,120,0522021Revenue 2022: $8,634,032Expenses 2022: $8,785,162Net Income 2022: -$151,1302022

Highlighted filing

2021

Revenue$8,684,444
Expenses$7,564,392
Net Income$1,120,052
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 30, 2022
Return Version
2020v4.0
Gross Receipts
$8,684,444
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,316,851$13,187,657▲ $870,806
Cash and Non-Interest-Bearing Accounts$1,355,998$2,248,657▲ $892,659
Investments in Publicly Traded Securities$2,583,118$1,471,210▼ $1,111,908
Accounts Receivable$441,228$254,756▼ $186,472
Total Assets$16,697,195$17,162,280▲ $465,085
Liabilities
Tax Exempt Bond Liabilities$16,210,000$16,200,000▼ $10,000
Mortgage Notes Payable Secured by Investment Property$1,602,013$860,000▼ $742,013
Accounts Payable and Accrued Expenses$32,527$129,573▲ $97,046
Total Liabilities$17,844,540$17,189,573▼ $654,967
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,615,353--
Net Assets Without Donor Restrictions$-3,762,698$-27,293▲ $3,735,405
Total Net Assets Fund Balance$-1,147,345$-27,293▲ $1,120,052
Total Liabilities and Net Assets / Fund Balance$16,697,195$17,162,280▲ $465,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,054,631$965,265$13,019,896
Land$841,880-$841,880
Equipment$291,146$338,618$629,764
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Murat AlkanPrincipalFT$79,730$79,730

Board Members and Trustees

NameTitle
Fahrudin MekicPresident
Cagri KahramanDirector
Dr Ali TombakDirector
Carrol SingetarySecretary
Carlton CammonTreasurer
Scott SchleeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,222,214
Program Service Revenue
$7,417,437
Investment Income
$222
Other Revenue
$44,571
All Other Contributions
$15,066
Change in Net Assets
$1,120,052

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,684,444
Revenue Not Reported on Form 990
$1,282,460
Total Revenue per Audited Statements
$9,966,904
Total Revenue per Form 990
$8,684,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,044,646
Other Expenses$3,519,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,557,762$431,580-$2,989,342
Interest$820,762$273,588-$1,094,350
Fees for Services Other$235,356$496,942-$732,298
Other Employee Benefits$450,660$110,700-$561,360
Depreciation Depletion$328,755$109,585-$438,340
Information Technology$371,247$54,510-$425,757
Payroll Taxes$202,645$49,778-$252,423
Current Officers, Directors, Trustees, and Key Employees-$196,751-$196,751
Occupancy$177,481--$177,481
Office Expenses$8,866$54,468-$63,334
Pension Plan Contributions$35,941$8,829-$44,770
Advertising-$33,058-$33,058
Insurance-$30,684-$30,684
All Other Expenses$22,182$7,918-$30,100
Conferences and Meetings$12,759$7,383-$20,142
Other Expenses$11,737$5,738-$17,475
Fees for Services Legal-$16,114-$16,114
Travel$14,068$99-$14,167
Fees for Services Accounting-$9,030-$9,030
Total Functional Expenses$5,667,637$1,896,755$0$7,564,392

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,846,852
Expenses per Audited Statements$7,564,392
Total Expenses per Form 990$7,564,392
Expenses Not Reported on Form 990$1,282,460
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority 2017 a2017-12-01$10,670,000CAPITAL IMPROVEMENTS
BPublic Finance Authority 2019 a2019-06-28$5,540,000CAPITAL IMPROVEMENTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,705,847$560,029$10,000$213,397
B$5,567,883---

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 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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“President reviews the 990 prior to filing, copy is provided to full board.”

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

“The board of directors reviews the policy annually. If any conflicts arise they are reviewed and resolved by the board of directors. Board members are required to complete disclosure form annually.”

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

“The board of directors approves compensation for the top management official. Salary based on state and district salary schedules and school size.”

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

“No officers are compensated. Key employee compensation is based on state and district salary schedules.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available for viewing by the public at the organization's office by appointment. Also posted to board doc web page.”

Filing and Contact Details

Filer

Filer Name
Charlotte Education Foundation
EIN
46-4239471
Phone
9802996633
Address
8701 MALLARD CREEK RD, CHARLOTTE, NC 28262-6006
Doing Business As
Queen City Stem Academy

Signing Officer

Name
Fahrudin Mekic
Title
President
Phone
9106502270
Signed
2022-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fahrudin Mekic
Formed
2013
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
93
Volunteers
6

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

“Intercompany revenue 1,282,460 intercompany expense -1,282,460”

Financial Statement Notes

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

“Intercompany revenue 1,282,460”

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

“Intercompany expense 1,282,460”

Raw XML AppendixShowing 400 of 575 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.

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IRS990/PayrollTaxesGrp/ProgramServicesAmt0202645
IRS990/PayrollTaxesGrp/TotalAmt0252423
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08829
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt035941
IRS990/PensionPlanContributionsGrp/TotalAmt044770
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FAHRUDIN MEKIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1TOTAL COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04736247
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12681190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04736247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12681190
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0116422
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt043973
IRS990/PYOtherExpensesAmt02610344
IRS990/PYOtherRevenueAmt012223
IRS990/PYProgramServiceRevenueAmt06070464
IRS990/PYRevenuesLessExpensesAmt0185908
IRS990/PYSalariesCompEmpBnftPaidAmt03446830
IRS990/PYTotalExpensesAmt06057174
IRS990/PYTotalRevenueAmt06243082
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01120052
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07417437
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/BookValueAmt012054631
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0965265
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013019896
IRS990ScheduleD/EquipmentGrp/BookValueAmt0291146
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0338618
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0629764
IRS990ScheduleD/ExpensesNotReportedAmt01282460
IRS990ScheduleD/ExpensesSubtotalAmt07564392
IRS990ScheduleD/LandGrp/BookValueAmt0841880
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0841880
IRS990ScheduleD/OtherExpensesIncludedAmt01282460
IRS990ScheduleD/OtherRevenueAmt01282460
IRS990ScheduleD/RevenueNotReportedAmt01282460
IRS990ScheduleD/RevenueSubtotalAmt08684444
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTERCOMPANY REVENUE 1,282,460
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTERCOMPANY EXPENSE 1,282,460
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013187657
IRS990ScheduleD/TotalExpensesPerForm990Amt07564392
IRS990ScheduleD/TotalRevenuePerForm990Amt08684444
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09966904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08846852
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/ExplanationTxt0CHARLOTTE EDUCATION ACADEMY OPERATES A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR THE STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & 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/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0PUBLIC FINANCE AUTHORITY 2017 A CAPITAL IMPROVEMENTS
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1PUBLIC FINANCE AUTHORITY 2019 A CAPITAL IMPROVEMENTS
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
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/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12019-06-28
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0744396CZ3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1744396EJ7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010670000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15540000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY 2017 A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1PUBLIC FINANCE AUTHORITY 2019 A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CAPITAL IMPROVEMENTS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1CAPITAL IMPROVEMENTS
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/OwningBondFinancedPropertyInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,162,280
Liabilities
$17,189,573
Net assets
-$27,293
Revenue
$8,684,444
Expenses
$7,564,392
Net income
$1,120,052
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$8.63$8.79$0.15
2021Detailed filing. Detailed filing data is available for this year.$17.2$17.2$0.03$8.68$7.56$1.12
2020Detailed filing. Detailed filing data is available for this year.$16.7$17.8$1.15$6.24$6.06$0.19
2019Detailed filing. Detailed filing data is available for this year.$16.1$17.4$1.33$4.44$4.72$0.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$11.6$1.05$4.06$4.72$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.67$0.39$2.85$3.02$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.74$0.21$2.22$2.43$0.21
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00