Civic Intelligence

Emerald Charter Schools

990 • Fiscal year 2016 • EIN 46-4687417

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 06, 2017

Organization ProfileWWW.EMERALDCHARTERSCHOOLS.ORG
PO Box 3304Knoxville, TN 37927

(865) 637-3227

Siviq Scores

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

Liabilities / Assets

87th percentile

0.83x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

3.93x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

5th percentile

-61%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$126,377

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$5,565,866

Down $1,009,877 (-15%) from 2015

Net Assets

Down

$947,205

Down $714,530 (-43%) from 2015

Liabilities

Down

$4,618,661

Down $295,347 (-6.0%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin5th percentile

Revenue

Down

$1,174,754

Down $1,039,809 (-47%) from 2015

Expenses

Up

$1,889,284

Up $1,336,456 (+242%) from 2015

Net Income

Down

-$714,530

Down $2,376,265 (-143%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $6,575,743Liabilities 2015: $4,914,008Net Assets 2015: $1,661,7352015Assets 2016: $5,565,866Liabilities 2016: $4,618,661Net Assets 2016: $947,2052016Assets 2017: $5,638,841Liabilities 2017: $4,946,832Net Assets 2017: $692,0092017Assets 2018: $5,705,411Liabilities 2018: $5,086,308Net Assets 2018: $619,1032018Assets 2019: $5,646,921Liabilities 2019: $4,613,243Net Assets 2019: $1,033,6782019Assets 2020: $6,452,043Liabilities 2020: $5,500,384Net Assets 2020: $951,6592020Assets 2021: $7,107,361Liabilities 2021: $4,837,316Net Assets 2021: $2,270,0452021Assets 2022: $7,649,201Liabilities 2022: $5,090,910Net Assets 2022: $2,558,2912022Assets 2023: $7,328,157Liabilities 2023: $4,392,750Net Assets 2023: $2,935,4072023Assets 2024: $7,818,916Liabilities 2024: $4,521,339Net Assets 2024: $3,297,5772024Assets 2025: $7,605,708Liabilities 2025: $4,407,811Net Assets 2025: $3,197,8972025

Highlighted filing

2016

Assets$5,565,866
Liabilities$4,618,661
Net Assets$947,205
Open 2016 Filing

Operations Trend

Revenue Growth6th percentile

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

$10M$5.0M$0-$5.0MRevenue 2015: $2,214,563Expenses 2015: $552,828Net Income 2015: $1,661,7352015Revenue 2016: $1,174,754Expenses 2016: $1,889,284Net Income 2016: -$714,5302016Revenue 2017: $2,628,344Expenses 2017: $2,883,540Net Income 2017: -$255,1962017Revenue 2018: $3,772,783Expenses 2018: $3,845,689Net Income 2018: -$72,9062018Revenue 2019: $5,129,363Expenses 2019: $4,618,372Net Income 2019: $510,9912019Revenue 2020: $5,032,908Expenses 2020: $5,114,927Net Income 2020: -$82,0192020Revenue 2021: $6,290,913Expenses 2021: $4,972,527Net Income 2021: $1,318,3862021Revenue 2022: $5,598,772Expenses 2022: $5,310,526Net Income 2022: $288,2462022Revenue 2023: $6,568,116Expenses 2023: $6,191,000Net Income 2023: $377,1162023Revenue 2024: $7,110,812Expenses 2024: $6,967,511Net Income 2024: $143,3012024Revenue 2025: $7,220,463Expenses 2025: $7,320,143Net Income 2025: -$99,6802025

Highlighted filing

2016

Revenue$1,174,754
Expenses$1,889,284
Net Income-$714,530
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 6, 2017
Return Version
2015v3.0
Gross Receipts
$1,174,754
Mission and Program Overview

Mission

To provide free, sustainable, high quality public schools in knoxville's urban neighborhoods, ensuring all enrolled students have access to an outstanding college preparatory education.

To provide free, sustainable, high quality public schools in knoxville's urban neigborhoods, ensuring all enrolled students have access to an outstanding college preparatory education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,613,696$5,312,176▲ $1,698,480
Savings and Temporary Cash Investments$2,548,139--
Accounts Receivable-$114,906-
Pledges and Grants Receivable$54,675$34,560▼ $20,115
Prepaid Expenses and Deferred Charges$4,626$8,649▲ $4,023
Cash and Non-Interest-Bearing Accounts$341,697$3,520▼ $338,177
Total Assets$6,575,743$5,565,866▼ $1,009,877
Other Assets Total$12,910$92,055▲ $79,145
Liabilities
Tax Exempt Bond Liabilities$3,600,000$4,100,000▲ $500,000
Mortgage Notes Payable Secured by Investment Property$162,861$436,781▲ $273,920
Accounts Payable and Accrued Expenses$1,151,147$42,011▼ $1,109,136
Other Liabilities-$39,869-
Total Liabilities$4,914,008$4,618,661▼ $295,347
Net Assets / Fund Balance
Unrestricted Net Assets$1,661,735$942,205▼ $719,530
Temporarily Rstr Net Assets-$5,000-
Total Net Assets Fund Balance$1,661,735$947,205▼ $714,530
Total Liabilities and Net Assets / Fund Balance$6,575,743$5,565,866▼ $1,009,877

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,694,309$69,429$4,763,738
Equipment$396,232$31,405$427,637
Other Land Buildings$121,635$11,037$132,672
Land$100,000-$100,000
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleBaseOtherTotal
Jonathan RysewykDirector of$105,144$21,233$126,377

Board Members and Trustees

NameTitle
Steve DiggsPresident
Dr Rhonda StoneDirector
Guille CruzeDirector
Kala GrayDirector
Randall GibsonDirector
Timothy MclemoreDirector
Mary Kay EmgeSecretary
Alvin NanceTreasurer
Ed HedgepethVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,172,612
Program Service Revenue
$0
Investment Income
$817
Other Revenue
$1,325
All Other Contributions
$45,834
Change in Net Assets
$-714,530

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,174,754
Total Revenue per Audited Statements
$1,174,754
Total Revenue per Form 990
$1,174,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,013,266
Other Expenses$876,018
Total Fundraising Expense$750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$748,724$101,353-$850,077
Occupancy$154,677$8,963-$163,640
Fees for Services Other-$138,093$750$138,843
All Other Expenses$80,809$43,142-$123,951
Depreciation Depletion-$111,653-$111,653
Other Employee Benefits$66,200$10,435-$76,635
Payroll Taxes$54,482$8,098-$62,580
Insurance$183$33,002-$33,185
Other Expenses$32,375$2,155-$32,375
Pension Plan Contributions$20,876$3,098-$23,974
Office Expenses$17,403$201-$17,604
Information Technology$7,991--$7,991
Interest-$7,879-$7,879
Travel$2,066$197-$2,263
Advertising-$1,538-$1,538
Total Functional Expenses$1,418,727$469,807$750$1,889,284

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,889,284
Total Expenses per Audited Statements$1,889,284
Total Expenses per Form 990$1,889,284
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
Deferred Inflows Related to Pensions$38,898
Net Pension Liability - Tcrs - Legac$971

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEducational Revenue Bonds2015-05-01$3,600,000CAPITAL EXPENDITURES
BEducational Revenue Bonds2015-12-02$500,000CAPITAL EXPENDITURES

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,600,000--$27,300
B$500,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
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 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
No
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 11B

“Form 990 is provided to all board members for review and approval prior to filing.”

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

“Expenses are reviewed by an outside party.”

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

“Compensation is determined by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request and on the organization's website. Governing documents are also subject to the open records law of the state of tennessee and are submitted to the chartering authority, knox county schools, a fund of knox county, tennessee.”

Filing and Contact Details

Filer

Filer Name
Emerald Charter Schools
EIN
46-4687417
Phone
8656373227
Address
PO BOX 3304, KNOXVILLE, TN 37927

Signing Officer

Name
Steve Diggs
Title
President
Phone
8656373227
Signed
2017-03-06

Organization Details

Principal Officer
Steve Diggs
Formed
2014
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
27

Preparer

Firm
Mitchell Emert & Hill Pc
Address
416 ERIN DRIVE, KNOXVILLE, TN 37919-6205
Preparer
Anne Caver
Phone
8655222396
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IRS990/OtherRevenueTotalAmt01325
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101353
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0748724
IRS990/OtherSalariesAndWagesGrp/TotalAmt0850077
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08098
IRS990/PayrollTaxesGrp/ProgramServicesAmt054482
IRS990/PayrollTaxesGrp/TotalAmt062580
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03098
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020876
IRS990/PensionPlanContributionsGrp/TotalAmt023974
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt054675
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt034560
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04626
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08649
IRS990/PrincipalOfficerNm0STEVE DIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02210300
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01825
IRS990/PYOtherExpensesAmt0386659
IRS990/PYOtherRevenueAmt02438
IRS990/PYRevenuesLessExpensesAmt01661735
IRS990/PYSalariesCompEmpBnftPaidAmt0166169
IRS990/PYTotalExpensesAmt0552828
IRS990/PYTotalRevenueAmt02214563
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-714530
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02548139
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04694309
IRS990ScheduleD/BuildingsGrp/DepreciationAmt069429
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04763738
IRS990ScheduleD/EquipmentGrp/BookValueAmt0396232
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031405
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0427637
IRS990ScheduleD/ExpensesSubtotalAmt01889284
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0121635
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011037
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0132672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY - TCRS - LEGAC
IRS990ScheduleD/RevenueSubtotalAmt01174754
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05312176
IRS990ScheduleD/TotalExpensesPerForm990Amt01889284
IRS990ScheduleD/TotalLiabilityAmt039869
IRS990ScheduleD/TotalRevenuePerForm990Amt01174754
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01174754
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01889284
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
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/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS PUBLISHED ON THE ORGANIZATIONS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1EMERALD CHARTER SCHOOLS RECEIVES FEDERAL TITLE I FUNDING, STATE FUNDING THROUGH THE TENNESSEE BASIC EDUCATION PROGRAM AND KNOX COUNTY, TENNESSEE LOCAL TAX REVENUE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2EMERALD CHARTER SCHOOLS INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY ON MOST WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. EMERALD CHARTER SCHOOLS, OPERATES A PUBLIC CHARTER SCHOOL AS PART OF THE STATE OF TENNESSEE'S PUBLIC EDUCATION PROGRAM. STUDENT ADMISSION IS BASED ON A RANDOM DRAWING FROM ALL APPLICANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 7
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-05-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12015-12-02
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0621220275
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1621220275
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03600000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1500000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EDUCATIONAL REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1EDUCATIONAL REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CAPITAL EXPENDITURES
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1CAPITAL EXPENDITURES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt03600000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt1500000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt027300
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt03600000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt1500000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ARE REVIEWED BY AN OUTSIDE PARTY.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,565,866
Liabilities
$4,618,661
Net assets
$947,205
Revenue
$1,174,754
Expenses
$1,889,284
Net income
-$714,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.61$4.41$3.20$7.22$7.32$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.82$4.52$3.30$7.11$6.97$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$4.39$2.94$6.57$6.19$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.65$5.09$2.56$5.60$5.31$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$4.84$2.27$6.29$4.97$1.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$5.50$0.95$5.03$5.11$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$4.61$1.03$5.13$4.62$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$5.09$0.62$3.77$3.85$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.64$4.95$0.69$2.63$2.88$0.26
2016Detailed filing. Detailed filing data is available for this year.$5.57$4.62$0.95$1.17$1.89$0.71
2015Detailed filing. Detailed filing data is available for this year.$6.58$4.91$1.66$2.21$0.55$1.66