Civic Intelligence

Emerald Charter Schools

990 • Fiscal year 2018 • EIN 46-4687417

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 11, 2018

Organization ProfileWWW.EMERALDCHARTERSCHOOLS.ORG
1014 Heiskell AvenueKnoxville, TN 37921

(865) 637-3227

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

1.35x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

31st percentile

-1.9%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$117,905

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

48th percentile

1.2%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

44%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$5,705,411

Up $66,570 (+1.2%) from 2017

Net Assets

Down

$619,103

Down $72,906 (-11%) from 2017

Liabilities

Up

$5,086,308

Up $139,476 (+2.8%) from 2017

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin31st percentile

Revenue

Up

$3,772,783

Up $1,144,439 (+44%) from 2017

Expenses

Up

$3,845,689

Up $962,149 (+33%) from 2017

Net Income

Up

-$72,906

Up $182,290 (+71%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2018

Assets$5,705,411
Liabilities$5,086,308
Net Assets$619,103
Open 2018 Filing

Operations Trend

Revenue Growth87th 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

2018

Revenue$3,772,783
Expenses$3,845,689
Net Income-$72,906
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 11, 2018
Return Version
2017v2.3
Gross Receipts
$3,775,240
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$5,167,905$5,048,203▼ $119,702
Pledges and Grants Receivable$52,625$198,250▲ $145,625
Accounts Receivable-$79,747-
Cash and Non-Interest-Bearing Accounts$75,972$45,239▼ $30,733
Prepaid Expenses and Deferred Charges$34,282$35,554▲ $1,272
Total Assets$5,638,841$5,705,411▲ $66,570
Other Assets Total$308,057$298,418▼ $9,639
Liabilities
Tax Exempt Bond Liabilities$4,100,000$4,100,000→ $0
Mortgage Notes Payable Secured by Investment Property$600,000$754,252▲ $154,252
Other Liabilities$163,567$124,524▼ $39,043
Accounts Payable and Accrued Expenses$83,265$107,532▲ $24,267
Total Liabilities$4,946,832$5,086,308▲ $139,476
Net Assets / Fund Balance
Temporarily Rstr Net Assets$106,794$317,335▲ $210,541
Unrestricted Net Assets$585,215$301,768▼ $283,447
Total Net Assets Fund Balance$692,009$619,103▼ $72,906
Total Liabilities and Net Assets / Fund Balance$5,638,841$5,705,411▲ $66,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,471,696$308,315$4,780,011
Equipment$356,898$147,495$504,393
Other Land Buildings$119,609$36,864$156,473
Land$100,000-$100,000
Other Assets Org$5,507--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Renee KellyDirector ofFT$106,800$11,105$117,905

Board Members and Trustees

NameTitle
Steve DiggsPresident
Janene NordinDirector
Kala GrayDirector
Sanford MillerDirector
Timothy MclemoreDirector
Randy GibsonSecretary
Alvin NanceTreasurer
Ed HedgepethVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,773,087
Program Service Revenue
$0
Investment Income
$-2,360
Other Revenue
$2,056
All Other Contributions
$521,585
Change in Net Assets
$-72,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,772,783
Total Revenue per Audited Statements
$3,772,783
Total Revenue per Form 990
$3,772,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,550,926
Other Expenses$1,294,763
Total Fundraising Expense$20
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,989,057$81,175-$2,070,232
All Other Expenses$255,193$3,328$20$258,541
Depreciation Depletion-$194,367-$194,367
Other Employee Benefits$172,884$1,087-$173,971
Occupancy$172,136--$172,136
Payroll Taxes$160,173$6,210-$166,383
Fees for Services Accounting-$160,000-$160,000
Pension Plan Contributions$138,867$1,473-$140,340
Other Expenses$61,667--$61,667
Insurance$7,181$42,732-$49,913
Fees for Services Legal-$24,712-$24,712
Information Technology$19,775$340-$20,115
Interest-$18,687-$18,687
Office Expenses$13,343$1,648-$14,991
Fees for Services Other$7,390$4,230-$11,620
Travel$552--$552
Total Functional Expenses$3,305,680$539,989$20$3,845,689

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,845,689
Total Expenses per Audited Statements$3,845,689
Total Expenses per Form 990$3,845,689
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$113,639
Deferred Inflows Related to Pensions$10,885

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----
B----

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
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
1014 HEISKELL AVENUE, KNOXVILLE, TN 37921

Signing Officer

Name
Steve Diggs
Title
President
Phone
8656373227
Signed
2018-02-11

Organization Details

Principal Officer
Steve Diggs
Formed
2014
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
76
Volunteers
15

Preparer

Firm
Mitchell Emert & Hill Pc
Address
416 ERIN DRIVE, KNOXVILLE, TN 37919-6205
Preparer
Anne Caver CPA
Phone
8655222396
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IRS990/OtherExpensesGrp/TotalAmt271504
IRS990/OtherExpensesGrp/TotalAmt361667
IRS990/OtherLiabilitiesGrp/BOYAmt0163567
IRS990/OtherLiabilitiesGrp/EOYAmt0124524
IRS990/OtherRevenueMiscGrp/Desc0VENDING & SMALL SALES INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2T-SHIRT SALES REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01094
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1950
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt212
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01094
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1950
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212
IRS990/OtherRevenueTotalAmt02056
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt081175
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01989057
IRS990/OtherSalariesAndWagesGrp/TotalAmt02070232
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06210
IRS990/PayrollTaxesGrp/ProgramServicesAmt0160173
IRS990/PayrollTaxesGrp/TotalAmt0166383
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01473
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0138867
IRS990/PensionPlanContributionsGrp/TotalAmt0140340
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052625
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0198250
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034282
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035554
IRS990/PrincipalOfficerNm0STEVE DIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02626035
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029
IRS990/PYOtherExpensesAmt01067144
IRS990/PYOtherRevenueAmt02280
IRS990/PYRevenuesLessExpensesAmt0-255196
IRS990/PYSalariesCompEmpBnftPaidAmt01816396
IRS990/PYTotalExpensesAmt02883540
IRS990/PYTotalRevenueAmt02628344
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-72906
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04471696
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0308315
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04780011
IRS990ScheduleD/EquipmentGrp/BookValueAmt0356898
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0147495
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0504393
IRS990ScheduleD/ExpensesSubtotalAmt03845689
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0223459
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt141872
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt227580
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35507
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NET PENSION ASSET -TCRS HYBRID
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0119609
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036864
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0156473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0113639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/RevenueSubtotalAmt03772783
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05048203
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0298418
IRS990ScheduleD/TotalExpensesPerForm990Amt03845689
IRS990ScheduleD/TotalLiabilityAmt0124524
IRS990ScheduleD/TotalRevenuePerForm990Amt03772783
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03772783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03845689
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

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,705,411
Liabilities
$5,086,308
Net assets
$619,103
Revenue
$3,772,783
Expenses
$3,845,689
Net income
-$72,906
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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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