Civic Intelligence

The Lorelton Foundation Co R Stat

990 • Fiscal year 2015 • EIN 51-0284276

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileWWW.LORELTON.COM
1201 North Orange Street No 700Wilmington, DE 19801

(302) 573-2500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.64x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

2.19x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

20th percentile

-10%

Higher net margin than 20% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-5.6%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$4,392,333

Down $518,327 (-11%) from 2014

Net Assets

Down

-$2,810,185

Down $480,820 (-21%) from 2014

Liabilities

Down

$7,202,518

Down $37,507 (-0.5%) from 2014

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin20th percentile

Revenue

Down

$3,282,835

Down $193,734 (-5.6%) from 2014

Expenses

Down

$3,625,811

Down $24,045 (-0.7%) from 2014

Net Income

Down

-$342,976

Down $169,689 (-98%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $4,656,217Liabilities 2010: $6,794,840Net Assets 2010: -$2,138,6232010Assets 2011: $4,701,574Liabilities 2011: $6,886,658Net Assets 2011: -$2,185,0842011Assets 2012: $4,788,152Liabilities 2012: $6,863,448Net Assets 2012: -$2,075,2962012Assets 2013: $4,956,821Liabilities 2013: $7,112,899Net Assets 2013: -$2,156,0782013Assets 2014: $4,910,660Liabilities 2014: $7,240,025Net Assets 2014: -$2,329,3652014Assets 2015: $4,392,333Liabilities 2015: $7,202,518Net Assets 2015: -$2,810,1852015Assets 2016: $4,434,055Liabilities 2016: $7,309,685Net Assets 2016: -$2,875,6302016Assets 2017: $6,409,000Liabilities 2017: $9,411,426Net Assets 2017: -$3,002,4262017Assets 2018: $6,675,689Liabilities 2018: $9,324,078Net Assets 2018: -$2,648,3892018Assets 2019: $6,534,950Liabilities 2019: $9,138,434Net Assets 2019: -$2,603,4842019Assets 2020: $6,904,153Liabilities 2020: $8,636,456Net Assets 2020: -$1,732,3032020Assets 2021: $8,242,820Liabilities 2021: $8,673,219Net Assets 2021: -$430,3992021Assets 2022: $7,705,867Liabilities 2022: $8,820,572Net Assets 2022: -$1,114,7052022Assets 2023: $8,609,103Liabilities 2023: $8,921,783Net Assets 2023: -$312,6802023Assets 2024: $9,252,725Liabilities 2024: $12,375,679Net Assets 2024: -$3,122,9542024

Highlighted filing

2015

Assets$4,392,333
Liabilities$7,202,518
Net Assets-$2,810,185
Open 2015 Filing

Operations Trend

Revenue Growth28th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,053,9892010Expenses 2011: $3,226,5152011Expenses 2012: $3,393,8382012Revenue 2013: $3,525,342Expenses 2013: $3,606,124Net Income 2013: -$80,7822013Revenue 2014: $3,476,569Expenses 2014: $3,649,856Net Income 2014: -$173,2872014Revenue 2015: $3,282,835Expenses 2015: $3,625,811Net Income 2015: -$342,9762015Revenue 2016: $3,685,337Expenses 2016: $3,749,693Net Income 2016: -$64,3562016Revenue 2017: $3,814,409Expenses 2017: $3,941,205Net Income 2017: -$126,7962017Revenue 2018: $4,817,205Expenses 2018: $4,463,168Net Income 2018: $354,0372018Revenue 2019: $4,857,152Expenses 2019: $4,799,367Net Income 2019: $57,7852019Revenue 2020: $5,624,941Expenses 2020: $4,751,455Net Income 2020: $873,4862020Revenue 2021: $6,129,821Expenses 2021: $4,827,917Net Income 2021: $1,301,9042021Revenue 2022: $4,125,204Expenses 2022: $4,809,510Net Income 2022: -$684,3062022Revenue 2023: $5,670,520Expenses 2023: $4,868,495Net Income 2023: $802,0252023Revenue 2024: $5,719,763Expenses 2024: $5,400,036Net Income 2024: $319,7272024

Highlighted filing

2015

Revenue$3,282,835
Expenses$3,625,811
Net Income-$342,976
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$3,282,835
Mission and Program Overview

Mission

The primary purpose of the organization is to provide housing and services to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,789,868$3,894,473▲ $104,605
Loans From Officers Directors$3,541,768$3,710,002▲ $168,234
Savings and Temporary Cash Investments$328,240$233,557▼ $94,683
Other Notes and Loans Receivable, Net$116,034$0▼ $116,034
Accounts Receivable$56,584$97,038▲ $40,454
Prepaid Expenses and Deferred Charges$131,180$77,998▼ $53,182
Intangible Assets$54,606$48,365▼ $6,241
Cash and Non-Interest-Bearing Accounts$434,148$40,902▼ $393,246
Total Assets$4,910,660$4,392,333▼ $518,327
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,147,333$3,057,896▼ $89,437
Other Liabilities$223,150$220,900▼ $2,250
Accounts Payable and Accrued Expenses$255,416$208,703▼ $46,713
Deferred Revenue$72,358$5,017▼ $67,341
Total Liabilities$7,240,025$7,202,518▼ $37,507
Net Assets / Fund Balance
Unrestricted Net Assets$-2,329,365$-2,810,185▼ $480,820
Total Net Assets Fund Balance$-2,329,365$-2,810,185▼ $480,820
Total Liabilities and Net Assets / Fund Balance$4,910,660$4,392,333▼ $518,327

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,092,850$1,996,792$5,089,642
Land$790,000-$790,000
Other Land Buildings$11,623$139,884$151,507
Equipment$0$86,357$86,357
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Richard E StatPresident/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$565
Program Service Revenue
$3,278,785
Investment Income
$591
Other Revenue
$2,894
All Other Contributions
$565
Change in Net Assets
$-342,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,059,058
Other Expenses$1,566,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,457,548$253,166-$1,710,714
Interest$259,158$60,115-$319,273
Depreciation Depletion$166,606$38,662-$205,268
Other Employee Benefits$152,467$25,953-$178,420
Payroll Taxes$145,622$24,302-$169,924
Insurance-$137,667-$137,667
Fees for Services Other$10,209$89,628-$99,837
Office Expenses$6,330$22,549-$28,879
Advertising-$28,193-$28,193
Fees for Services Accounting-$14,585-$14,585
Conferences and Meetings$848$1,630-$2,478
Other Expenses$380$12,302-$380
All Other Expenses$-2,207--$-2,207
Total Functional Expenses$2,917,059$708,752$0$3,625,811
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard Stat Linda Stat and JoanneDirector and Parties Related to DirectorAccrual of Interest on LoansNo$168,234
-Director Is OwnerPayment for Provision of Bookkeeping and Other ServicesNo$56,586

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,541,768$3,710,002▲ $168,234
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reservation and Security Deposits$112,000
Entrance Deposits Payable to Residents$108,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The president of the board reviews the 990.”

Form 990, Part VI, Section B, Line 12C

“The board president monitors compliance.”

Form 990, Part VI, Section C, Line 19

“Www.guidestar.org and upon request”

Form 990, Part VI, Section B, Line 15A

“The board president determines the executive director's compensation. The executive director determines other employee compensation.”

Filing and Contact Details

Filer

Filer Name
The Lorelton Foundation Co R Stat
EIN
51-0284276
Phone
3025732500
Address
1201 NORTH ORANGE STREET NO 700, WILMINGTON, DE 19801
Doing Business As
The Lorelton Assisted Living Community

Signing Officer

Name
Richard E Stat
Title
President
Phone
3025732500
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard E Stat
Formed
1985
Legal Domicile
De
Voting Board Members
1
Independent Board Members
0
Employees
93
Volunteers
6

Preparer

Firm
Master Sidlow & Associates Pa
Address
2002 WEST 14TH STREET, WILMINGTON, DE 19806
Preparer
Judith M Scarborough
Phone
3026523480
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference - bad debts -137,844.”

Financial Statement Notes

PART X, LINE 2:

“The foundation did not have any unrecognized tax benefits as of december 31, 2015 and does not expect this to change significantly over the next twelve months. The foundation will recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of december 31, 2015, the foundation has not accrued interest or penalties related to uncertain tax provisions.”

Raw XML AppendixShowing 400 of 462 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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03177040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt016819443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0470
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0657
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt015270
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73580
IRS990ScheduleA/PublicSupportPY509Pct00.72860
IRS990ScheduleA/PublicSupportTotal509Amt012484830
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0840391
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0985474
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0982147
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0878387
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0781927
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04468326
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0840391
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0985474
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0982147
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0878387
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0781927
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt04468326
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03282244
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03464056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03524872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03502969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03179015
IRS990ScheduleA/Total509Grp/TotalAmt016953156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03282835
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03476569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03525342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03503626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03180054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016968426
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03092850
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01996792
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05089642
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086357
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086357
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0790000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0790000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011623
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0139884
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0151507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0108900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1112000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ENTRANCE DEPOSITS PAYABLE TO RESIDENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESERVATION AND SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2015 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE FOUNDATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2015, THE FOUNDATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX PROVISIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03894473
IRS990ScheduleD/TotalLiabilityAmt0220900
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BUILDERS AND MANAGERS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RICHARD STAT LINDA STAT AND JOANNE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR AND PARTIES RELATED TO DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR IS OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0168234
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt156586
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ACCRUAL OF INTEREST ON LOANS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PAYMENT FOR PROVISION OF BOOKKEEPING AND OTHER SERVICES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt057445
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt12312765
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2494546
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt332809
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt434133
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt5778304
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0COMMERCE BUILDING LP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1SRO INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0DEPOSIT REFUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3DEPOSIT REFUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4CARPET REPLACEMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt035114
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt11403018
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2451515
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt352263
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt420000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt5234000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RICHARD STAT AS SUCCESSOR IN INTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1RICHARD STAT LINDA STAT AND JOANNE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2RICHARD AND LINDA STAT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JOANNE HUBBLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR AND PARTIES RELATED TO DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR AND SPOUSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR IS A PARTNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4DIRECTOR IS OWNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5RELATED TO DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/TotalBalanceDueAmt03710002
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE BOARD REVIEWS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PRESIDENT MONITORS COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WWW.GUIDESTAR.ORG AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD PRESIDENT DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION. THE EXECUTIVE DIRECTOR DETERMINES OTHER EMPLOYEE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK/TAX DIFFERENCE - BAD DEBTS -137,844.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04910660
IRS990/TotalAssetsEOYAmt04392333
IRS990/TotalAssetsGrp/BOYAmt04910660
IRS990/TotalAssetsGrp/EOYAmt04392333
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0565
IRS990/TotalEmployeeCnt093
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0708752

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,392,333
Liabilities
$7,202,518
Net assets
-$2,810,185
Revenue
$3,282,835
Expenses
$3,625,811
Net income
-$342,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.25$12.4$3.12$5.72$5.40$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.61$8.92$0.31$5.67$4.87$0.80
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$8.82$1.11$4.13$4.81$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.24$8.67$0.43$6.13$4.83$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.90$8.64$1.73$5.62$4.75$0.87
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.53$9.14$2.60$4.86$4.80$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.68$9.32$2.65$4.82$4.46$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$9.41$3.00$3.81$3.94$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$7.31$2.88$3.69$3.75$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.39$7.20$2.81$3.28$3.63$0.34
2014Detailed filing. Detailed filing data is available for this year.$4.91$7.24$2.33$3.48$3.65$0.17
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$7.11$2.16$3.53$3.61$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$6.86$2.08$3.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$6.89$2.19$3.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$6.79$2.14$3.05