Civic Intelligence

Mcduff Qalicb 2 Inc

990 • Fiscal year 2016 • EIN 47-4726810

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

Organization ProfileN/A
1440 N Mcduff AvenueJacksonville, FL 32254

(904) 683-6643

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

17.96x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

$14,382,455

No earlier filing loaded for comparison.

Net Assets

$758,703

No earlier filing loaded for comparison.

Liabilities

$13,623,752

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin98th percentile

Revenue

$758,703

No earlier filing loaded for comparison.

Expenses

$42,977

No earlier filing loaded for comparison.

Net Income

$715,726

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MAssets 2016: $14,382,455Liabilities 2016: $13,623,752Net Assets 2016: $758,7032016Assets 2017: $11,798,822Liabilities 2017: $11,561,285Net Assets 2017: $237,5372017Assets 2018: $11,670,665Liabilities 2018: $11,538,566Net Assets 2018: $132,0992018Assets 2019: $11,619,306Liabilities 2019: $11,593,548Net Assets 2019: $25,7582019Assets 2020: $11,598,930Liabilities 2020: $11,636,529Net Assets 2020: -$37,5992020Assets 2021: $11,538,493Liabilities 2021: $11,685,341Net Assets 2021: -$146,8482021Assets 2022: $30,239Liabilities 2022: $0Net Assets 2022: $30,2392022Assets 2023: $29,539Liabilities 2023: $8,333Net Assets 2023: $21,2062023Assets 2024: $29,540Liabilities 2024: $8,571Net Assets 2024: $20,9692024

Highlighted filing

2016

Assets$14,382,455
Liabilities$13,623,752
Net Assets$758,703
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500K-$1.0MRevenue 2016: $758,703Expenses 2016: $42,977Net Income 2016: $715,7262016Revenue 2017: -$521,166Expenses 2017: $0Net Income 2017: -$521,1662017Revenue 2018: -$105,438Expenses 2018: $0Net Income 2018: -$105,4382018Revenue 2019: -$106,341Expenses 2019: $0Net Income 2019: -$106,3412019Revenue 2020: -$63,357Expenses 2020: $0Net Income 2020: -$63,3572020Revenue 2021: -$109,249Expenses 2021: $0Net Income 2021: -$109,2492021Revenue 2022: $177,087Expenses 2022: $0Net Income 2022: $177,0872022Revenue 2023: $0Expenses 2023: $9,033Net Income 2023: -$9,0332023Revenue 2024: $0Expenses 2024: $237Net Income 2024: -$2372024

Highlighted filing

2016

Revenue$758,703
Expenses$42,977
Net Income$715,726
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v3.0
Gross Receipts
$812,831
Mission and Program Overview

Mission

Hold, develop and maintain, and retain financing as needed for the real estate used by kipp jacksonville, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$9,575,705-
Savings and Temporary Cash Investments-$3,191,008-
Intangible Assets-$1,184,397-
Total Assets$0$14,382,455▲ $14,382,455
Other Assets Total-$431,345-
Liabilities
Other Liabilities-$12,830,128-
Accounts Payable and Accrued Expenses-$757,624-
Deferred Revenue-$36,000-
Total Liabilities$0$13,623,752▲ $13,623,752
Net Assets / Fund Balance
Unrestricted Net Assets-$758,703-
Total Net Assets Fund Balance$0$758,703▲ $758,703
Total Liabilities and Net Assets / Fund Balance$0$14,382,455▲ $14,382,455

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,148,207-$9,148,207
Land$256,692-$256,692
Leasehold Improvements$118,555$6,240$124,795
Other Land Buildings$52,251-$52,251
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ryan a SchwartzPresident
John D Milton JrDirector
Matthew R KaneDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$381,486
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$377,217
Change in Net Assets
$715,726

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$256,692Cost
Other Non Cash Contri Table1$124,794Cost
Total Noncash Contributions2$381,486-

Audited Revenue Reconciliation

Revenue per Audited Statements
$758,703
Revenue Not Reported on Form 990
$54,128
Total Revenue per Audited Statements
$812,831
Total Revenue per Form 990
$758,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$42,977--$42,977
Total Functional Expenses$42,977$0$0$42,977

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$54,128
Total Expenses per Audited Statements$54,128
Expenses Not Reported on Financial Statements$42,977
Other Expense Adjustments$42,977
Total Expenses per Form 990$42,977
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
Notes Payable$12,500,000
Due to Related Party$330,128
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 6

“The corporation has one member, kipp jacksonville, inc. (ein: 26-4046741), a fl non-profit corporation with tax-exempt status under irc section 501 (c)3.”

Form 990, Page 6, Part VI, Line 7A

“The sole member of the corporation, kipp jacksonville, inc., elects the board of directors and has the power to remove one or more directors with or without cause, provided that: a) the notice of the meeting at which removal is considered states the specific directors sought to be removed; and b) a separate vote is conducted for each director sought to be removed. Any vacancy created by such removal shall be filled by the member. However, the property, affairs and business of the corporation shall be managed by its board of directors and not by the sole member.”

Form 990, Page 6, Part VI, Line 11B

“A draft copy of the return is provided to the board prior to filing with the irs.”

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

“An interested person may present the issue to the governing board and then will abstain from any vote on the transaction or arrangement involving the possible conflict of interest.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Mcduff Qalicb 2 Inc
EIN
47-4726810
Phone
9046836643
Address
1440 N MCDUFF AVENUE, JACKSONVILLE, FL 32254

Signing Officer

Name
Ryan a Schwartz
Title
President
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan a Schwartz
Formed
2015
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Berman Hopkins Wright Laham Cpas & Assoc
Address
8035 SPYGLASS HILL RD, MELBOURNE, FL 32940
Preparer
Abbey K Redden CPA
Phone
3217572020
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Rental expenses 54,128 rental expenses -54,128 book / tax depreciation difference 42,977 total 42,977”

Financial Statement Notes

Schedule D, Page 3, Part X

“Kipp jacksonville, inc. And its subsidiaries are not-for-profit florida corporations that are exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The company recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the company and various positions related to the potential sources of unrelated business taxable income. The assessment of the technical merits of a tax position is a matter of judgment. The company believes that all of its tax positions are more likely than not to be sustained upon examination. The company files form 990 in the u.s. Federal jurisdiction. The company is generally no longer subject to examination by the internal revenue service three years after a return was due or filed.”

Schedule D, Page 4, Part XI, Line 2D

“RENTAL EXPENSES 54,128”

Schedule D, Page 4, Part XII, Line 2D

“RENTAL EXPENSES 54,128”

Schedule D, Page 4, Part XII, Line 4B

“Book / tax depreciation difference 42,977”

Raw XML Appendix392 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KIPP JACKSONVILLE, INC. AND ITS SUBSIDIARIES ARE NOT-FOR-PROFIT FLORIDA CORPORATIONS THAT ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE COMPANY RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COMPANY AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE COMPANY BELIEVES THAT ALL OF ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE COMPANY FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE COMPANY IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER A RETURN WAS DUE OR FILED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ONE MEMBER, KIPP JACKSONVILLE, INC. (EIN: 26-4046741), A FL NON-PROFIT CORPORATION WITH TAX-EXEMPT STATUS UNDER IRC SECTION 501 (C)3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER OF THE CORPORATION, KIPP JACKSONVILLE, INC., ELECTS THE BOARD OF DIRECTORS AND HAS THE POWER TO REMOVE ONE OR MORE DIRECTORS WITH OR WITHOUT CAUSE, PROVIDED THAT: A) THE NOTICE OF THE MEETING AT WHICH REMOVAL IS CONSIDERED STATES THE SPECIFIC DIRECTORS SOUGHT TO BE REMOVED; AND B) A SEPARATE VOTE IS CONDUCTED FOR EACH DIRECTOR SOUGHT TO BE REMOVED. ANY VACANCY CREATED BY SUCH REMOVAL SHALL BE FILLED BY THE MEMBER. HOWEVER, THE PROPERTY, AFFAIRS AND BUSINESS OF THE CORPORATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS AND NOT BY THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF THE RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN INTERESTED PERSON MAY PRESENT THE ISSUE TO THE GOVERNING BOARD AND THEN WILL ABSTAIN FROM ANY VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RENTAL EXPENSES 54,128 RENTAL EXPENSES -54,128 BOOK / TAX DEPRECIATION DIFFERENCE 42,977 TOTAL 42,977
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0KIPP FDN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1KIPP JACKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3KIPP FDN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KIPP JACKSONVILLE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1JACKSONVILLE ALLIANCE FOR KIPP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2KIPP FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MCDUFF QALICB INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0264046741
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1264046824
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2943362724
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3273004832
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FINANCING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt111A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt27
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt32
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01440 NORTH MCDUFF AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1ONE INDEPENDENT DR STE 1600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2135 MAIN STREET STE 1700
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt31440 NORTH MCDUFF AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JACKSONVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1JACKSONVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2SAN FRANCISCO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3JACKSONVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032254
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd132202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd294105
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd332254
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0381486
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JACKSONVILLE ALLIANCE FOR KIPP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt014382455
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt014382455
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0381486
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt042977
IRS990/TotalFunctionalExpensesGrp/TotalAmt042977
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt013623752
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt013623752
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0758703
IRS990/TotalOtherProgSrvcExpenseAmt042977
IRS990/TotalProgramServiceExpensesAmt042977
IRS990/TotalRevenueGrp/ExclusionAmt0377217
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0758703
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014382455
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0758703
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01440 N MCDUFF AVENUE
IRS990/USAddress/CityNm0JACKSONVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032254
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN A SCHWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCDUFF QALICB 2 INC
ReturnHeader/Filer/BusinessNameControlTxt0MCDU
ReturnHeader/Filer/EIN0474726810
ReturnHeader/Filer/PhoneNum09046836643
ReturnHeader/Filer/USAddress/AddressLine1Txt01440 N MCDUFF AVENUE
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032254
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591152714
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08035 SPYGLASS HILL RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELBOURNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032940
ReturnHeader/PreparerPersonGrp/PhoneNum03217572020
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ABBEY K REDDEN CPA
ReturnHeader/ReturnTs02017-02-08T16:23:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$14,382,455
Liabilities
$13,623,752
Net assets
$758,703
Revenue
$758,703
Expenses
$42,977
Net income
$715,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.18$0.00$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$11.7$0.15$0.11$0.00$0.11
2020Detailed filing. Detailed filing data is available for this year.$11.6$11.6$0.04$0.06$0.00$0.06
2019Detailed filing. Detailed filing data is available for this year.$11.6$11.6$0.03$0.11$0.00$0.11
2018Detailed filing. Detailed filing data is available for this year.$11.7$11.5$0.13$0.11$0.00$0.11
2017Detailed filing. Detailed filing data is available for this year.$11.8$11.6$0.24$0.52$0.00$0.52
2016Detailed filing. Detailed filing data is available for this year.$14.4$13.6$0.76$0.76$0.04$0.72