Civic Intelligence

Montgomery County Education Association

990 • Fiscal year 2016 • EIN 52-0659775

Sep 01, 2015 to Aug 31, 2016 • Filed on Jul 10, 2017

12 Taft Court No 200Rockville, MD 20850

(301) 294-6232

Siviq Scores

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

Liabilities / Assets

95th percentile

0.67x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

1.36x

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

2016 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2016

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

61st percentile

$189,622

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2016 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2016

Asset Growth

30th percentile

1.7%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-2.6%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,206,900

Up $104,085 (+1.7%) from 2015

Net Assets

Up

$2,051,970

Up $328,223 (+19%) from 2015

Liabilities

Down

$4,154,930

Down $224,138 (-5.1%) from 2015

Revenue

Down

$3,054,203

Down $80,594 (-2.6%) from 2015

Expenses

Down

$2,725,980

Down $64,791 (-2.3%) from 2015

Net Income

Down

$328,223

Down $15,803 (-4.6%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $6,959,970Liabilities 2010: $6,262,758Net Assets 2010: $697,2122010Assets 2011: $6,351,556Liabilities 2011: $5,546,010Net Assets 2011: $805,5462011Assets 2012: $6,204,947Liabilities 2012: $5,128,675Net Assets 2012: $1,076,2722012Assets 2013: $6,116,132Liabilities 2013: $4,943,060Net Assets 2013: $1,173,0722013Assets 2014: $6,161,464Liabilities 2014: $4,781,743Net Assets 2014: $1,379,7212014Assets 2015: $6,102,815Liabilities 2015: $4,379,068Net Assets 2015: $1,723,7472015Assets 2016: $6,206,900Liabilities 2016: $4,154,930Net Assets 2016: $2,051,9702016Assets 2017: $6,334,247Liabilities 2017: $3,801,976Net Assets 2017: $2,532,2712017Assets 2018: $6,685,781Liabilities 2018: $3,659,432Net Assets 2018: $3,026,3492018Assets 2019: $6,887,294Liabilities 2019: $3,500,587Net Assets 2019: $3,386,7072019Assets 2020: $6,726,213Liabilities 2020: $3,324,102Net Assets 2020: $3,402,1112020Assets 2021: $7,023,069Liabilities 2021: $3,414,375Net Assets 2021: $3,608,6942021Assets 2022: $8,415,398Liabilities 2022: $3,346,458Net Assets 2022: $5,068,9402022Assets 2023: $8,990,948Liabilities 2023: $3,386,447Net Assets 2023: $5,604,5012023Assets 2024: $9,402,794Liabilities 2024: $2,956,471Net Assets 2024: $6,446,3232024

Highlighted filing

2016

Assets$6,206,900
Liabilities$4,154,930
Net Assets$2,051,970

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,614,8452010Expenses 2011: $2,599,7032011Expenses 2012: $2,461,6582012Expenses 2013: $2,720,8812013Revenue 2014: $2,919,506Expenses 2014: $2,712,857Net Income 2014: $206,6492014Revenue 2015: $3,134,797Expenses 2015: $2,790,771Net Income 2015: $344,0262015Revenue 2016: $3,054,203Expenses 2016: $2,725,980Net Income 2016: $328,2232016Revenue 2017: $3,088,408Expenses 2017: $2,608,107Net Income 2017: $480,3012017Revenue 2018: $3,397,991Expenses 2018: $2,903,913Net Income 2018: $494,0782018Revenue 2019: $3,704,823Expenses 2019: $3,344,465Net Income 2019: $360,3582019Revenue 2020: $3,654,972Expenses 2020: $3,639,568Net Income 2020: $15,4042020Revenue 2021: $3,822,230Expenses 2021: $3,615,647Net Income 2021: $206,5832021Revenue 2022: $6,560,275Expenses 2022: $5,131,399Net Income 2022: $1,428,8762022Revenue 2023: $6,732,475Expenses 2023: $6,196,914Net Income 2023: $535,5612023Revenue 2024: $7,013,603Expenses 2024: $6,082,648Net Income 2024: $930,9552024

Highlighted filing

2016

Revenue$3,054,203
Expenses$2,725,980
Net Income$328,223
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jul 10, 2017
Return Version
2015v3.0
Gross Receipts
$3,180,395
Mission and Program Overview

Mission

To promote the general welfare and professional interest of the mcea members and improve the quality of education they provide to the students of mcps.

To promote the general welfare & professional interest of the educators in montgomery county, md.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,577,314$5,411,752▼ $165,562
Savings and Temporary Cash Investments$354,339$599,345▲ $245,006
Prepaid Expenses and Deferred Charges$85,241$95,084▲ $9,843
Accounts Receivable$60,481$70,645▲ $10,164
Pledges and Grants Receivable-$15,000-
Cash and Non-Interest-Bearing Accounts$52$178▲ $126
Total Assets$6,102,815$6,206,900▲ $104,085
Other Assets Total$25,388$14,896▼ $10,492
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,018,154$3,718,636▼ $299,518
Accounts Payable and Accrued Expenses$305,054$334,260▲ $29,206
Deferred Revenue$55,860$102,034▲ $46,174
Total Liabilities$4,379,068$4,154,930▼ $224,138
Net Assets / Fund Balance
Unrestricted Net Assets$1,723,747$2,051,970▲ $328,223
Total Net Assets Fund Balance$1,723,747$2,051,970▲ $328,223
Total Liabilities and Net Assets / Fund Balance$6,102,815$6,206,900▲ $104,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,728,086$1,095,767$5,823,853
Land$583,411-$583,411
Other Land Buildings$100,255$467,726$567,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas IsraelExecutive DirectorFT$145,455$44,167$189,622
Ellen HolmesProgram CoordinatorFT$121,674$40,671$162,345
Diana White-pettisDirector of OperationsFT$122,583$35,495$158,078
Latoya JohnsonUniserv DirectorFT$114,330$32,770$147,100

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,941,631
Investment Income
$601
Other Revenue
$111,971
Change in Net Assets
$328,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,180,395
Revenue Not Reported on Financial Statements
$-126,192
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-126,192
Total Revenue per Audited Statements
$3,180,395
Total Revenue per Form 990
$3,054,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,766,349
Other Expenses$959,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,024,878
Current Officers, Directors, Trustees, and Key Employees---$347,827
Other Employee Benefits---$192,400
Depreciation Depletion---$170,133
Occupancy---$147,602
Pension Plan Contributions---$116,160
Interest---$109,917
Payroll Taxes---$85,084
Office Expenses---$68,561
Fees for Services Other---$55,147
Fees for Services Accounting---$32,923
Advertising---$25,070
Information Technology---$24,245
Conferences and Meetings---$12,947
Insurance---$10,079
Travel---$7,392
Other Expenses---$4,715
All Other Expenses---$-120,100
Total Functional Expenses$0$0$0$2,725,980

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,852,172
Expenses per Audited Statements$2,725,980
Total Expenses per Form 990$2,725,980
Expenses Not Reported on Form 990$126,192
Expenses Not Reported on Financial Statements$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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

The membership of the association consists of non-supervisory, certificated personnel, substitute teachers, and home and hospital teachers.

Form 990, Part VI, Section A, Line 7A

The process on how officers and board members are elected is carried out in accordance to by-laws of the association and is as follows: the credentials and elections committee shall prepare an annual calendar of elections and develop guidelines for the nomination and election of officers, directors, representatives to the local assembly, members of the councils on teaching and learning, msta and nea assemblies, and the general council. Such guidelines shall be presented to the representative assembly for review and adoption no later than november. These guidelines include, but not limited to the following: a. Provisions for open nominations by individual members; b. Provisions for the distribution and the collection of nomination forms; c. Provisions for the publication of nominations in an official publication of the association; d. Provisions for secret ballot election by the membership; e. Provisions for the distribution, collection and tally of the ballots; f. Provision for the election of officers first, then the election of directors; g. Provision that the president, first vice-president, secretary, and treasurer be elected by a majority vote. One half of the director-at-large positions shall be elected each year. The candidates receiving the greatest number of votes shall be elected to the number of positions being filled.

Form 990, Part VI, Section A, Line 7B

The preliminary annual budget projections prepared by director of operations, executive director, and the board of directors are presented to the association's representative assembly for discussion at the ra may meeting and voted on for final approval at the ra's final meeting of the school year. The right to ratify the contract between mcea and mcps shall be by a vote of the active members.

Form 990, Part VI, Section B, Line 11

The form 990 will be reviewed by the executive director, director of operations and the president for accuracy. If no changes are needed, the external accounting firm that prepares the form 990 is notified. When the final copy is prepared, the president will sign it and then it is sent directly to the irs.

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

The executive directors salary is adjusted to maintain a 13% differential above the top of the members scale. Negotiated changes in the member's salary schedule are mirrored in the executive directors salary. The executive directors salary remains comparable to that of a high school principal with the montgomery county public schools.

Form 990, Part VI, Section C, Line 19

Our governing documents, policies, and financial statements are not made available to the general public. However, they are made available to members of our representative assembly for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Montgomery County Education Association
EIN
52-0659775
Phone
3012946232
Address
12 TAFT COURT NO 200, ROCKVILLE, MD 20850

Signing Officer

Name
Chris Lloyd
Title
President
Phone
3012946232
Signed
2017-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Lloyd
Formed
1954
Legal Domicile
Md
Voting Board Members
18
Independent Board Members
18
Employees
17
Volunteers
20

Preparer

Firm
Rsm US Llp
Address
9737 WASHINGTONIAN BLVD 400, GAITHERSBURG, MD 20878-7340
Preparer
William E Turco CPA
Phone
3012963600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association is exempt from income taxes under section 501(c)(5) of the internal revenue code (the code). The association is subject to taxation on net unrelated business income. During the tax years ended august 31, 2016 and 2015, the association had no net unrelated business income. The llc is a single-member llc, and as such, is a disregarded entity for federal income tax purposes pursuant to section 7701 of the code. Management evaluated the association's tax positions and concluded that the association had taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental expenses -126,192.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 126,192.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt20UNISERV DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21PROGRAM COORDINATOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03180395
IRS990/GrossRentsGrp/RealAmt0148314
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt024245
IRS990/InsuranceGrp/TotalAmt010079
IRS990/InterestGrp/TotalAmt0109917
IRS990/InvestmentIncomeGrp/ExclusionAmt0601
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0601
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01563493
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05577314
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05411752
IRS990/LandBldgEquipCostOrOtherBssAmt06975245
IRS990/LegalDomicileStateCd0MD
IRS990/LessRentalExpensesGrp/RealAmt0126192
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE GENERAL WELFARE AND PROFESSIONAL INTEREST OF THE MCEA MEMBERS AND IMPROVE THE QUALITY OF EDUCATION THEY PROVIDE TO THE STUDENTS OF MCPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04018154
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03718636
IRS990/NetAssetsOrFundBalancesBOYAmt01723747
IRS990/NetAssetsOrFundBalancesEOYAmt02051970
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016492
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt022122
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt05630
IRS990/NetUnrelatedBusTxblIncmAmt01820
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0147602
IRS990/OfficeExpensesGrp/TotalAmt068561
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025388
IRS990/OtherAssetsTotalGrp/EOYAmt014896
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0192400
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP RELATIONS
IRS990/OtherExpensesGrp/Desc1REPRESENTATION
IRS990/OtherExpensesGrp/Desc2AMORTIZATION
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0291515
IRS990/OtherExpensesGrp/TotalAmt1107768
IRS990/OtherExpensesGrp/TotalAmt211717
IRS990/OtherExpensesGrp/TotalAmt34715
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt04618
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04618
IRS990/OtherRevenueTotalAmt04618
IRS990/OtherSalariesAndWagesGrp/TotalAmt01024878
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt085084
IRS990/PensionPlanContributionsGrp/TotalAmt0116160
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt085241
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt095084
IRS990/PrincipalOfficerNm0CHRIS LLOYD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0DUES
IRS990/ProgramServiceRevenueGrp/Desc1UNISERV/NEA
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02446113
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1492918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02446113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1492918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22600
IRS990/ProgSrvcAccomActy2Grp/Desc0ADVOCATED FOR THE COLLECTIVE INTERESTS OF OUR MEMBERS WITH THE SCHOOL ADMINISTRATION AND THE SCHOOL BOARD, OVER ISSUES OF SCHOOL BUDGET, POLICIES, AND IMPLEMENTATION.
IRS990/ProgSrvcAccomActy3Grp/Desc0NEGOTIATED A COLLECTIVE BARGAINING AGREEMENT PROVIDING IMPROVEMENTS IN BENEFITS AND WORKING CONDITIONS FOR OUR MEMBERS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ADVOCATED FOR THE INTERESTS OF IMPROVING OUR SCHOOLS WITH COUNTY AND STATE ELECTED OFFICIALS, THE PRESS, AND THE PUBLIC.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0486
IRS990/PYOtherExpensesAmt01020920
IRS990/PYOtherRevenueAmt0212180
IRS990/PYProgramServiceRevenueAmt02922131
IRS990/PYRevenuesLessExpensesAmt0344026
IRS990/PYSalariesCompEmpBnftPaidAmt01769851
IRS990/PYTotalExpensesAmt02790771
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03134797
IRS990/ReconcilationRevenueExpnssAmt0328223
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt022122
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt085231
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt085231
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0354339
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0599345
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04728086
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01095767
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05823853
IRS990ScheduleD/ExpensesNotReportedAmt0126192
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02725980
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0583411
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0583411
IRS990ScheduleD/OtherExpensesIncludedAmt0126192
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0100255
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0467726
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0567981
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-126192
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-126192
IRS990ScheduleD/RevenueSubtotalAmt03180395
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE (THE CODE). THE ASSOCIATION IS SUBJECT TO TAXATION ON NET UNRELATED BUSINESS INCOME. DURING THE TAX YEARS ENDED AUGUST 31, 2016 AND 2015, THE ASSOCIATION HAD NO NET UNRELATED BUSINESS INCOME. THE LLC IS A SINGLE-MEMBER LLC, AND AS SUCH, IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES PURSUANT TO SECTION 7701 OF THE CODE. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES -126,192.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 126,192.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05411752
IRS990ScheduleD/TotalExpensesPerForm990Amt02725980
IRS990ScheduleD/TotalRevenuePerForm990Amt03054203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03180395
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02852172
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0145455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1122583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2121674
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.40$2.96$6.45$7.01$6.08$0.93
2023Detailed filing. Detailed filing data is available for this year.$8.99$3.39$5.60$6.73$6.20$0.54
2022Detailed filing. Detailed filing data is available for this year.$8.42$3.35$5.07$6.56$5.13$1.43
2021Detailed filing. Detailed filing data is available for this year.$7.02$3.41$3.61$3.82$3.62$0.21
2020Detailed filing. Detailed filing data is available for this year.$6.73$3.32$3.40$3.65$3.64$0.02
2019Detailed filing. Detailed filing data is available for this year.$6.89$3.50$3.39$3.70$3.34$0.36
2018Detailed filing. Detailed filing data is available for this year.$6.69$3.66$3.03$3.40$2.90$0.49
2017Detailed filing. Detailed filing data is available for this year.$6.33$3.80$2.53$3.09$2.61$0.48
2016Detailed filing. Detailed filing data is available for this year.$6.21$4.15$2.05$3.05$2.73$0.33
2015Detailed filing. Detailed filing data is available for this year.$6.10$4.38$1.72$3.13$2.79$0.34
2014Detailed filing. Detailed filing data is available for this year.$6.16$4.78$1.38$2.92$2.71$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.12$4.94$1.17$2.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$5.13$1.08$2.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$5.55$0.81$2.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$6.26$0.70$2.61