Civic Intelligence

Np Six Forks LLC

990 • Fiscal year 2017 • EIN 47-4101610

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

Two Seaport LaneBoston, MA 02210

(617) 261-9000

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2017 filings • 501(c)25 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.06x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)25 • $25M-$50M nonprofits • Source year 2017

Net Margin

39th percentile

54%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)25 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2017 filings • 501(c)25 • $25M-$50M nonprofits • Source year 2017

Asset Growth

45th percentile

1.1%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)25 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

2.0%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)25 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$47,912,258

Up $540,157 (+1.1%) from 2016

Net Assets

Up

$47,690,773

Up $924,521 (+2.0%) from 2016

Liabilities

Down

$221,485

Down $384,364 (-63%) from 2016

Revenue

Up

$3,877,699

Up $74,402 (+2.0%) from 2016

Expenses

Down

$1,802,796

Down $6,607 (-0.4%) from 2016

Net Income

Up

$2,074,903

Up $81,009 (+4.1%) from 2016

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2015: $46,484,107Liabilities 2015: $552,701Net Assets 2015: $45,931,4062015Assets 2016: $47,372,101Liabilities 2016: $605,849Net Assets 2016: $46,766,2522016Assets 2017: $47,912,258Liabilities 2017: $221,485Net Assets 2017: $47,690,7732017Assets 2018: $48,513,837Liabilities 2018: $202,444Net Assets 2018: $48,311,3932018Assets 2019: $48,968,440Liabilities 2019: $884,871Net Assets 2019: $48,083,5692019Assets 2020: $51,160,979Liabilities 2020: $672,381Net Assets 2020: $50,488,5982020Assets 2021: $67,916,487Liabilities 2021: $669,722Net Assets 2021: $67,246,7652021Assets 2022: $48,260,267Liabilities 2022: $701,447Net Assets 2022: $47,558,8202022Assets 2023: $48,946,241Liabilities 2023: $737,474Net Assets 2023: $48,208,7672023Assets 2024: $49,893,679Liabilities 2024: $828,625Net Assets 2024: $49,065,0542024

Highlighted filing

2017

Assets$47,912,258
Liabilities$221,485
Net Assets$47,690,773

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2015: $1,982,521Expenses 2015: $1,021,912Net Income 2015: $960,6092015Revenue 2016: $3,803,297Expenses 2016: $1,809,403Net Income 2016: $1,993,8942016Revenue 2017: $3,877,699Expenses 2017: $1,802,796Net Income 2017: $2,074,9032017Revenue 2018: $3,929,892Expenses 2018: $1,839,251Net Income 2018: $2,090,6412018Revenue 2019: $3,986,547Expenses 2019: $1,858,044Net Income 2019: $2,128,5032019Revenue 2020: $4,145,348Expenses 2020: $1,856,767Net Income 2020: $2,288,5812020Revenue 2021: $4,370,083Expenses 2021: $1,979,509Net Income 2021: $2,390,5742021Revenue 2022: $4,946,530Expenses 2022: $2,175,244Net Income 2022: $2,771,2862022Revenue 2023: $5,371,681Expenses 2023: $2,311,814Net Income 2023: $3,059,8672023Revenue 2024: $5,224,364Expenses 2024: $2,501,038Net Income 2024: $2,723,3262024

Highlighted filing

2017

Revenue$3,877,699
Expenses$1,802,796
Net Income$2,074,903
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.3
Gross Receipts
$3,877,699
Mission and Program Overview

Mission

The company was organized for the exclusive purpose of acquiring and holding title to real property, collecting the income therefrom, and turning over the entire amount thereof, less expenses, to its shareholders, which are exempt from tax under irc sec.401 (a).

Title holding llc for real property

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$46,035,267$46,254,297▲ $219,030
Land, Buildings, and Equipment, Net$46,060,517$46,206,230▲ $145,713
Rtn Earn Endowment Incm Other Fnds$730,985$1,436,476▲ $705,491
Cash and Non-Interest-Bearing Accounts$516,061$146,684▼ $369,377
Prepaid Expenses and Deferred Charges$31,588$34,717▲ $3,129
Accounts Receivable$24,452$30,857▲ $6,405
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$47,372,101$47,912,258▲ $540,157
Other Assets Total$739,483$1,493,770▲ $754,287
Liabilities
Accounts Payable and Accrued Expenses$543,841$161,803▼ $382,038
Other Liabilities$62,008$59,682▼ $2,326
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$605,849$221,485▼ $384,364
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,766,252$47,690,773▲ $924,521
Total Liabilities and Net Assets / Fund Balance$47,372,101$47,912,258▲ $540,157

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$46,206,230--
Compensation and Service Providers

Board Members and Trustees

NameTitle
See Attached StatementOfficer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aew Capital Management LPManagementTWO SEAPORT LANE, Boston, MA 02210$212,232
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,692,500
Investment Income
$0
Other Revenue
$185,199
Change in Net Assets
$2,074,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,430,673
Salaries, Compensation, and Employee Benefits$372,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$372,123--$372,123
All Other Expenses$225,192--$225,192
Fees for Services Management$212,232--$212,232
Other Expenses$103,294--$103,294
Advertising$75,724--$75,724
Office Expenses$74,708--$74,708
Insurance$48,632--$48,632
Fees for Services Legal$12,131--$12,131
Fees for Services Accounting$8,380--$8,380
Fees for Services Other$6,167--$6,167
Total Functional Expenses$1,802,796$0$0$1,802,796
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$54,164
Prepaid Rent$4,608
Other Liabilities$910
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Part VI

3) all management of the organization is vested to the manager. 6) the members are pension trusts described in and exempt from federal income tax under section 401 and 501 of the internal revenue code. 7a) the members may appoint or remove the manager at any time at the members full discretion. 7b) the business of the organization is managed by its manager. All decisions made by the manager are authorized by the members. 8b) there are no committees or delegation of authority within the governing body. Decisions are made by the members of the governing body. 11b) the 990 is reviewed by the portfolio accounting department and by the signer who is also an authorized signatory designated by the manager of the organization. 19) information about the organization's investment programs and the financial statements are available to the public on their website: www.nvpers.org

Filing and Contact Details

Filer

Filer Name
NP Six Forks LLC
EIN
47-4101610
In Care Of
% AEW CAPITAL MANAGEMENT LP
Phone
6172619000
Address
TWO SEAPORT LANE, BOSTON, MA 02210

Signing Officer

Name
Susan Bouchard
Title
VP
Phone
6172619000
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Bouchard
Formed
2015
Legal Domicile
De
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
101 SEAPORT BLVD SUITE 500, BOSTON, MA 02210
Preparer
John Sheehan
Phone
6175305000
Supplemental Narrative

Additional Explanations

Part XI

Description amount contributions 219,030 distributions (2,123,700) _____________ total (1,904,670)

Form 990 Part IX Line 24 - Other Expenses

Description:other expenses total expenses:13695 program services:13695

Form 990 Part IX Line 24 - Other Expenses

Description:janitorial/ trash removal total expenses:86301 program services:86301

Form 990 Part IX Line 24 - Other Expenses

Description:repairs and maintenance total expenses:81772 program services:81772

Form 990 Part IX Line 24 - Other Expenses

Description:bad debt expense total expenses:22600 program services:22600

Form 990 Part IX Line 24 - Other Expenses

Description:security total expenses:9586 program services:9586

Form 990 Part IX Line 24 - Other Expenses

Description:licenses/permits total expenses:5245 program services:5245

Form 990 Part IX Line 24 - Other Expenses

Description:bank fees total expenses:4889 program services:4889

Form 990 Part IX Line 24 - Other Expenses

Description:filing fees total expenses:528 program services:528

Form 990 Part IX Line 24 - Other Expenses

Description:prior year adjustment total expenses:576 program services:576

Raw XML AppendixShowing 400 of 413 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/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02074903
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0730985
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01436476
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt046206230
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt046206230
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2910
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt046206230
IRS990ScheduleD/TotalLiabilityAmt059682
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt03) ALL MANAGEMENT OF THE ORGANIZATION IS VESTED TO THE MANAGER. 6) THE MEMBERS ARE PENSION TRUSTS DESCRIBED IN AND EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 401 AND 501 OF THE INTERNAL REVENUE CODE. 7A) THE MEMBERS MAY APPOINT OR REMOVE THE MANAGER AT ANY TIME AT THE MEMBERS FULL DISCRETION. 7B) THE BUSINESS OF THE ORGANIZATION IS MANAGED BY ITS MANAGER. ALL DECISIONS MADE BY THE MANAGER ARE AUTHORIZED BY THE MEMBERS. 8B) THERE ARE NO COMMITTEES OR DELEGATION OF AUTHORITY WITHIN THE GOVERNING BODY. DECISIONS ARE MADE BY THE MEMBERS OF THE GOVERNING BODY. 11B) THE 990 IS REVIEWED BY THE PORTFOLIO ACCOUNTING DEPARTMENT AND BY THE SIGNER WHO IS ALSO AN AUTHORIZED SIGNATORY DESIGNATED BY THE MANAGER OF THE ORGANIZATION. 19) INFORMATION ABOUT THE ORGANIZATION'S INVESTMENT PROGRAMS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE: WWW.NVPERS.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNT CONTRIBUTIONS 219,030 DISTRIBUTIONS (2,123,700) _____________ TOTAL (1,904,670)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:OTHER EXPENSES TOTAL EXPENSES:13695 PROGRAM SERVICES:13695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:JANITORIAL/ TRASH REMOVAL TOTAL EXPENSES:86301 PROGRAM SERVICES:86301
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:REPAIRS AND MAINTENANCE TOTAL EXPENSES:81772 PROGRAM SERVICES:81772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:BAD DEBT EXPENSE TOTAL EXPENSES:22600 PROGRAM SERVICES:22600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:SECURITY TOTAL EXPENSES:9586 PROGRAM SERVICES:9586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:LICENSES/PERMITS TOTAL EXPENSES:5245 PROGRAM SERVICES:5245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:BANK FEES TOTAL EXPENSES:4889 PROGRAM SERVICES:4889
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:FILING FEES TOTAL EXPENSES:528 PROGRAM SERVICES:528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:PRIOR YEAR ADJUSTMENT TOTAL EXPENSES:576 PROGRAM SERVICES:576
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleR/AssetExchangeInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02123700
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1219030
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PUBLIC EMPLOYEES RETIREMENT SYSTEM OF NEVADA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PUBLIC EMPLOYEES RETIREMENT SYSTEM OF NEVADA
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IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt047372101
IRS990/TotalAssetsEOYAmt047912258
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IRS990/TotalAssetsGrp/EOYAmt047912258
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01802796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0605849
IRS990/TotalLiabilitiesEOYAmt0221485
IRS990/TotalLiabilitiesGrp/BOYAmt0605849
IRS990/TotalLiabilitiesGrp/EOYAmt0221485
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046766252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt047690773
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01802796
IRS990/TotalProgramServiceRevenueAmt03692500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03877699
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03877699
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt047372101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt047912258
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0TWO SEAPORT LANE
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002210
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN BOUCHARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP
ReturnHeader/BusinessOfficerGrp/PhoneNum06172619000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NP Six Forks LLC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O AEW CAPITAL MANAGEMENT LP
ReturnHeader/Filer/BusinessNameControlTxt0NPSI
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0155.201.188.33

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