Civic Intelligence

Hcpi Development Fund Inc.

990 • Fiscal year 2019 • EIN 46-5504308

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 27, 2020

Organization ProfileCBFUTUREFUND.ORG
25 East 20th StreetBaltimore, MD 21218

(410) 709-1495

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.18x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.85x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

96th percentile

71%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$62,411

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

83rd percentile

24%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$4,237,717

Up $828,836 (+24%) from 2018

Net Assets

Up

$3,479,891

Up $632,657 (+22%) from 2018

Liabilities

Up

$757,826

Up $196,179 (+35%) from 2018

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin96th percentile

Revenue

Up

$889,966

Up $124,343 (+16%) from 2018

Expenses

Down

$257,309

Down $32,731 (-11%) from 2018

Net Income

Up

$632,657

Up $157,074 (+33%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$10M$5.0M$0Assets 2015: $331,965Liabilities 2015: $0Net Assets 2015: $331,9652015Assets 2016: $2,126,073Liabilities 2016: $32,058Net Assets 2016: $2,094,0152016Assets 2017: $2,410,040Liabilities 2017: $38,389Net Assets 2017: $2,371,6512017Assets 2018: $3,408,881Liabilities 2018: $561,647Net Assets 2018: $2,847,2342018Assets 2019: $4,237,717Liabilities 2019: $757,826Net Assets 2019: $3,479,8912019Assets 2020: $4,056,869Liabilities 2020: $575,204Net Assets 2020: $3,481,6652020Assets 2021: $4,959,879Liabilities 2021: $701,802Net Assets 2021: $4,258,0772021Assets 2022: $4,532,988Liabilities 2022: $675,715Net Assets 2022: $3,857,2732022Assets 2023: $4,573,582Liabilities 2023: $669,228Net Assets 2023: $3,904,3542023Assets 2024: $8,803,873Liabilities 2024: $3,929,704Net Assets 2024: $4,874,1692024

Highlighted filing

2019

Assets$4,237,717
Liabilities$757,826
Net Assets$3,479,891
Open 2019 Filing

Operations Trend

Revenue Growth71st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $375,152Expenses 2015: $43,187Net Income 2015: $331,9652015Revenue 2016: $1,452,631Expenses 2016: $98,422Net Income 2016: $1,354,2092016Revenue 2017: $524,117Expenses 2017: $246,481Net Income 2017: $277,6362017Revenue 2018: $765,623Expenses 2018: $290,040Net Income 2018: $475,5832018Revenue 2019: $889,966Expenses 2019: $257,309Net Income 2019: $632,6572019Revenue 2020: $291,626Expenses 2020: $289,852Net Income 2020: $1,7742020Revenue 2021: $1,102,646Expenses 2021: $326,234Net Income 2021: $776,4122021Revenue 2022: $62,953Expenses 2022: $463,757Net Income 2022: -$400,8042022Revenue 2023: $176,805Expenses 2023: $129,724Net Income 2023: $47,0812023Revenue 2024: $1,369,888Expenses 2024: $402,573Net Income 2024: $967,3152024

Highlighted filing

2019

Revenue$889,966
Expenses$257,309
Net Income$632,657
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$1,209,966
Mission and Program Overview

Mission

The purpose of the central baltimore future fund is to stimulate inclusive economic growth and attract investment in the ten central baltimore neighborhoods by: 1 partnering with reinvestment fund to make loans to transformational high impact commercial, residential and neighborhood development projects 2 acquiring and offering to developers vacant and blighted properties for redevelopment and 3 providing advisory services to members of the public that facilitate a decrease of vacant and abandoned properties in ways that support community plans and objectives.

To increase economic activity, decrease the incidence of vacant properties, and promote community development investments benefiting low to moderate income communities in ten central baltimore neighborhoods that have long suffered deterioration and blight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,306,896$2,475,168▲ $168,272
Savings and Temporary Cash Investments-$761,217-
Other Notes and Loans Receivable, Net$65,000$382,466▲ $317,466
Cash and Non-Interest-Bearing Accounts$990,512$368,968▼ $621,544
Pledges and Grants Receivable$270$210,000▲ $209,730
Prepaid Expenses and Deferred Charges$26,600$33,546▲ $6,946
Accounts Receivable$18,603$6,352▼ $12,251
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,408,881$4,237,717▲ $828,836
Other Assets Total$1,000$0▼ $1,000
Liabilities
Escrow Account Liability$518,280$507,321▼ $10,959
Other Liabilities$18,360$210,000▲ $191,640
Accounts Payable and Accrued Expenses$25,007$40,505▲ $15,498
Total Liabilities$561,647$757,826▲ $196,179
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,847,234$3,479,891▲ $632,657
Total Net Assets Fund Balance$2,847,234$3,479,891▲ $632,657
Total Liabilities and Net Assets / Fund Balance$3,408,881$4,237,717▲ $828,836

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,842,055$122,407$1,964,462
Land$633,113-$633,113
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sarah KeoghExecutive DirectorPT$62,411$62,411

Board Members and Trustees

NameTitle
Andrew FrankPresident
Howard MajevVice President
Bill ColeDirector
Colin TarbertDirector
Jalal GreeneDirector
Joe McneelyDirector
Seson Taylor-campbellDirector
Ellen JanesSecretary
David StrouseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$670,000
Program Service Revenue
$208,620
Investment Income
$5,648
Other Revenue
$5,698
All Other Contributions
$80,000
Change in Net Assets
$632,657

Audited Revenue Reconciliation

Revenue per Audited Statements
$883,562
Revenue Not Reported on Financial Statements
$6,404
Revenue Not Reported on Form 990
$430,839
Total Revenue per Audited Statements
$1,314,401
Total Revenue per Form 990
$889,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,277
Salaries, Compensation, and Employee Benefits$68,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$72,737--$72,737
Current Officers, Directors, Trustees, and Key Employees$56,680$6,298-$62,978
Depreciation Depletion$41,913--$41,913
Fees for Services Accounting-$20,606-$20,606
Office Expenses$6,224$7,907-$14,131
Fees for Services Other$781$10,518-$11,299
Interest-$6,404-$6,404
Payroll Taxes$4,549$505-$5,054
Other Expenses$1,473$164-$1,637
Fees for Services Legal-$333-$333
Total Functional Expenses$202,654$54,655$0$257,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$681,744
Expenses Not Reported on Form 990$430,839
Total Expenses per Form 990$257,309
Expenses per Audited Statements$250,905
Expenses Not Reported on Financial Statements$6,404
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$210,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Part VI, Line 11B: Form 990 Review Process

“The form 990 is distributed to the entire board for review and approval prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization continuously monitors and enforces its conflict of interest policy. Each board member annually signs a conflict of interest statement stating they have no conflict of interest relating to issues subject to board action and approval. In addition, any payments of any external party related to a board member is disclosed to the entire board if a conflict is perceived that a board member does not believe is a conflict, it would be discussed by the executive committee, and if necessary it might choose to require the board member to recuse him/herself from any discussion or board action.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board of directors authorized the executive committee to search for, interview, choose and negotiate terms of compensation for an executive director. The executive committee kept the board regularly apprised of the process, including reporting on projected compensation and choice of person. In determining compensation, the executive committee considered compensation for comparable positions, requirements of the position, time spent on the job, knowledge training and experience, and degree. The organization did not have any other paid employees during calendar year 2019.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its form 990, governing documents, conflict of interest policy and financial statements available to the public upon request. A copy of the form 990 is also available online via www. Guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Hcpi Development Fund Inc
EIN
46-5504308
Phone
4107091495
Address
25 EAST 20TH STREET, BALTIMORE, MD 21218

Signing Officer

Name
Andrew Frank
Title
President
Signed
2020-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Frank
Formed
2013
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
15

Preparer

Firm
CEA Scholtes and Associates
Address
106 Tunbridge Rd, Baltimore, MD 21212
Preparer
Chris Scholtes CPA
Phone
4103230010
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Asc 740, income taxes, prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return as well as guidance on de-recognition, classification, interest and penalties, and financial statement reporting disclosures. For these benefits to be recognized, a tax position must be morelikely- than not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. The organization has not identified any unrecognized tax exposures. The organization recognizes interest and penalties accrued on any unrecognized tax exposures as a component of income tax expense. The organization does not have any amounts accrued relating to interest and penalties as of december 31, 2018 and 2017. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Cost of property held for sale $320000”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Cost of property held for sale $320000”

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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt06404
IRS990/InterestGrp/TotalAmt06404
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt020463
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020463
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt02306896
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02475168
IRS990/LandBldgEquipCostOrOtherBssAmt02597575
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0320000
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE CENTRAL BALTIMORE FUTURE FUND IS TO STIMULATE INCLUSIVE ECONOMIC GROWTH AND ATTRACT INVESTMENT IN THE TEN CENTRAL BALTIMORE NEIGHBORHOODS BY: 1) PARTNERING WITH REINVESTMENT FUND TO MAKE LOANS TO TRANSFORMATIONAL HIGH IMPACT COMMERCIAL, RESIDENTIAL AND NEIGHBORHOOD DEVELOPMENT PROJECTS; 2) ACQUIRING AND OFFERING TO DEVELOPERS VACANT AND BLIGHTED PROPERTIES FOR REDEVELOPMENT; AND 3) PROVIDING ADVISORY SERVICES TO MEMBERS OF THE PUBLIC THAT FACILITATE A DECREASE OF VACANT AND ABANDONED PROPERTIES IN WAYS THAT SUPPORT COMMUNITY PLANS AND OBJECTIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02847234
IRS990/NetAssetsOrFundBalancesEOYAmt03479891
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-14815
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14815
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02847234
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03479891
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt072737
IRS990/OccupancyGrp/TotalAmt072737
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07907
IRS990/OfficeExpensesGrp/ProgramServicesAmt06224
IRS990/OfficeExpensesGrp/TotalAmt014131
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER OPEARTING EXPENSES
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01920
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1164
IRS990/OtherExpensesGrp/ProgramServicesAmt016514
IRS990/OtherExpensesGrp/ProgramServicesAmt11783
IRS990/OtherExpensesGrp/ProgramServicesAmt21473
IRS990/OtherExpensesGrp/TotalAmt016514
IRS990/OtherExpensesGrp/TotalAmt13703
IRS990/OtherExpensesGrp/TotalAmt21637
IRS990/OtherLiabilitiesGrp/BOYAmt018360
IRS990/OtherLiabilitiesGrp/EOYAmt0210000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05698
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05698
IRS990/OtherRevenueTotalAmt05698
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt065000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0382466
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0505
IRS990/PayrollTaxesGrp/ProgramServicesAmt04549
IRS990/PayrollTaxesGrp/TotalAmt05054
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0270
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0210000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033546
IRS990/PrincipalOfficerNm0ANDREW FRANK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0208620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0208620
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0730920
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-178924
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0217505
IRS990/PYOtherRevenueAmt04344
IRS990/PYProgramServiceRevenueAmt0209283
IRS990/PYRevenuesLessExpensesAmt0475583
IRS990/PYSalariesCompEmpBnftPaidAmt072535
IRS990/PYTotalExpensesAmt0290040
IRS990/PYTotalRevenueAmt0765623
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0632657
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0199503
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0761217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0670000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0730920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0346891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01355000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0750000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03852811
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020463
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0152
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023558
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0691667
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05698
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04344
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010042
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99140
IRS990ScheduleA/PublicSupportTotal170Amt03852811
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0670000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0730920
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0346891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01355000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0750000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03852811
IRS990ScheduleA/TotalSupportAmt03886411
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/AgentTrusteeEtcInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0110839
IRS990ScheduleD/DonatedServicesUseFcltsAmt0110839
IRS990ScheduleD/ExpensesNotReportedAmt0430839
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06404
IRS990ScheduleD/ExpensesSubtotalAmt0250905
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06404
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06404
IRS990ScheduleD/LandGrp/BookValueAmt0633113
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0633113
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01842055
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0122407
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01964462
IRS990ScheduleD/OtherExpensesIncludedAmt0320000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherRevenueAmt0320000
IRS990ScheduleD/RevenueNotReportedAmt0430839
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06404
IRS990ScheduleD/RevenueSubtotalAmt0883562
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORELIKELY- THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION HAS NOT IDENTIFIED ANY UNRECOGNIZED TAX EXPOSURES. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF DECEMBER 31, 2018 AND 2017. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF PROPERTY HELD FOR SALE $320000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF PROPERTY HELD FOR SALE $320000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02475168
IRS990ScheduleD/TotalExpensesPerForm990Amt0257309
IRS990ScheduleD/TotalLiabilityAmt0210000
IRS990ScheduleD/TotalRevenuePerForm990Amt0889966
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01314401
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0681744
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,237,717
Liabilities
$757,826
Net assets
$3,479,891
Revenue
$889,966
Expenses
$257,309
Net income
$632,657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.80$3.93$4.87$1.37$0.40$0.97
2023Detailed filing. Detailed filing data is available for this year.$4.57$0.67$3.90$0.18$0.13$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.53$0.68$3.86$0.06$0.46$0.40
2021Detailed filing. Detailed filing data is available for this year.$4.96$0.70$4.26$1.10$0.33$0.78
2020Detailed filing. Detailed filing data is available for this year.$4.06$0.58$3.48$0.29$0.29$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.24$0.76$3.48$0.89$0.26$0.63
2018Summary only. Only limited summary data is available for this year.$3.41$0.56$2.85$0.77$0.29$0.48
2017Detailed filing. Detailed filing data is available for this year.$2.41$0.04$2.37$0.52$0.25$0.28
2016Detailed filing. Detailed filing data is available for this year.$2.13$0.03$2.09$1.45$0.10$1.35
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.38$0.04$0.33