Civic Intelligence

Mcps Real Properties Inc

990 • Fiscal year 2017 • EIN 47-1346772

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileNA
109 Gardner TrailSalyersville, KY 41465

(606) 349-6117

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

136.42x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

45th percentile

3.1%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

54%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$20,555,025

Up $617,363 (+3.1%) from 2016

Net Assets

Up

$266,447

Up $148,723 (+126%) from 2016

Liabilities

Up

$20,288,578

Up $468,640 (+2.4%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin100th percentile

Revenue

Up

$148,723

Up $51,906 (+54%) from 2016

Expenses

Flat

$0

Flat from 2016

Net Income

Up

$148,723

Up $51,906 (+54%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$30M$20M$10M$0Assets 2015: $21,496,307Liabilities 2015: $21,475,400Net Assets 2015: $20,9072015Assets 2016: $19,937,662Liabilities 2016: $19,819,938Net Assets 2016: $117,7242016Assets 2017: $20,555,025Liabilities 2017: $20,288,578Net Assets 2017: $266,4472017Assets 2018: $20,702,742Liabilities 2018: $20,288,578Net Assets 2018: $414,1642018Assets 2019: $20,369,936Liabilities 2019: $19,806,019Net Assets 2019: $563,9172019Assets 2020: $20,497,979Liabilities 2020: $19,806,019Net Assets 2020: $691,9602020Assets 2021: $20,590,831Liabilities 2021: $19,825,484Net Assets 2021: $765,3472021

Highlighted filing

2017

Assets$20,555,025
Liabilities$20,288,578
Net Assets$266,447
Open 2017 Filing

Operations Trend

Revenue Growth88th percentile

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

$150K$100K$50K$0Revenue 2015: $20,907Expenses 2015: $0Net Income 2015: $20,9072015Revenue 2016: $96,817Expenses 2016: $0Net Income 2016: $96,8172016Revenue 2017: $148,723Expenses 2017: $0Net Income 2017: $148,7232017Revenue 2018: $147,717Expenses 2018: $0Net Income 2018: $147,7172018Revenue 2019: $149,444Expenses 2019: $0Net Income 2019: $149,4442019Revenue 2020: $148,008Expenses 2020: $19,965Net Income 2020: $128,0432020Revenue 2021: $73,402Expenses 2021: $15Net Income 2021: $73,3872021

Highlighted filing

2017

Revenue$148,723
Expenses$0
Net Income$148,723
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$148,723
Mission and Program Overview

Mission

Collaborating with the magoffin county board of education to acquire, finance and develop public properties and projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,892,608$19,315,430▲ $1,422,822
Savings and Temporary Cash Investments$1,952,004$1,166,198▼ $785,806
Accounts Receivable$93,050$73,397▼ $19,653
Total Assets$19,937,662$20,555,025▲ $617,363
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,400,000$19,400,000→ $0
Accounts Payable and Accrued Expenses$419,938$888,578▲ $468,640
Total Liabilities$19,819,938$20,288,578▲ $468,640
Net Assets / Fund Balance
Unrestricted Net Assets$117,724$266,447▲ $148,723
Total Net Assets Fund Balance$117,724$266,447▲ $148,723
Total Liabilities and Net Assets / Fund Balance$19,937,662$20,555,025▲ $617,363

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,315,430-$19,315,430
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Kevin OwensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$146,793
Investment Income
$1,930
Other Revenue
$0
Change in Net Assets
$148,723

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,723
Total Revenue per Audited Statements
$148,723
Total Revenue per Form 990
$148,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Mcps Real Properties Inc
EIN
47-1346772
Address
109 GARDNER TRAIL, SALYERSVILLE, KY 41465

Signing Officer

Name
Kevin Owens
Title
Treasurer
Phone
6063496117
Signed
2018-05-15

Organization Details

Principal Officer
Kevin Owens
Formed
2014
Legal Domicile
Ky
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Cloyd & Associates Psc
Address
1700 FOREST DR, CORBIN, KY 40701-2316
Preparer
Wallace Smallwood CPA
Phone
6065288776
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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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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,555,025
Liabilities
$20,288,578
Net assets
$266,447
Revenue
$148,723
Expenses
$0
Net income
$148,723
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$20.6$19.8$0.77$0.07$0.00$0.07
2020Detailed filing. Detailed filing data is available for this year.$20.5$19.8$0.69$0.15$0.02$0.13
2019Detailed filing. Detailed filing data is available for this year.$20.4$19.8$0.56$0.15$0.00$0.15
2018Detailed filing. Detailed filing data is available for this year.$20.7$20.3$0.41$0.15$0.00$0.15
2017Detailed filing. Detailed filing data is available for this year.$20.6$20.3$0.27$0.15$0.00$0.15
2016Summary only. Only limited summary data is available for this year.$19.9$19.8$0.12$0.10$0.00$0.10
2015Summary only. Only limited summary data is available for this year.$21.5$21.5$0.02$0.02$0.00$0.02