Civic Intelligence

Monroe Park Campus Corporation

EIN 54-1661945 • 501(c)3 • Richmond, VA

Profile

To support the educational, scientific and charitable activities of virginia commonwealth university by undertaking various activities on its behalf and at the direction of the virginia commonwealth university real estate foundation.

P O Box 843075Richmond, VA 23284-3075

www.vcurealestate.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-40480%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $7,707 (-100%) from 2014

Liabilities

Down

$0

Down $185 (-100%) from 2014

Net Assets

Down

$0

Down $7,522 (-100%) from 2014

Revenue

Down

$5

Down $50,005 (-100%) from 2014

Expenses

Down

$2,029

Down $1,214,584 (-100%) from 2014

Net Income

Up

-$2,024

Up $1,164,579 (+100%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,537,265Liabilities 2011: $1,194,075Net Assets 2011: $343,1902011Assets 2012: $1,586,926Liabilities 2012: $1,194,075Net Assets 2012: $392,8512012Assets 2013: $1,639,125Liabilities 2013: $1,194,075Net Assets 2013: $445,0502013Assets 2014: $7,707Liabilities 2014: $185Net Assets 2014: $7,5222014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $7502011Expenses 2012: $5,0752012Revenue 2013: $56,242Expenses 2013: $4,043Net Income 2013: $52,1992013Revenue 2014: $50,010Expenses 2014: $1,216,613Net Income 2014: -$1,166,6032014Revenue 2015: $5Expenses 2015: $2,029Net Income 2015: -$2,0242015

Highlighted filing

2015

Revenue$5
Expenses$2,029
Net Income-$2,024

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$5
Mission and Program Overview

Mission

To support the educational, scientific and charitable activities of virginia commonwealth university by undertaking various activities on its behalf and at the direction of the virginia commonwealth university real estate foundation.

Support the educational, scientific, and charitable activites of vcu.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,707$0▼ $7,707
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$7,707$0▼ $7,707
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$185--
Total Liabilities$185$0▼ $185
Net Assets / Fund Balance
Unrestricted Net Assets$7,522$0▼ $7,522
Total Net Assets Fund Balance$7,522$0▼ $7,522
Total Liabilities and Net Assets / Fund Balance$7,707$0▼ $7,707
Compensation and Service Providers

Employees

NameTitleOtherTotal
Harry E Wyatt JrDirector$130,344$130,344
Mitzi LeeDirector$107,018$107,018

Board Members and Trustees

NameTitle
Kevin W DavenportDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-2,024
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,029
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
Insurance$1,200--$1,200
Fees for Services Accounting$770--$770
Other Expenses$59--$59
Total Functional Expenses$2,029$0$0$2,029
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section A, Line 6

The organization has one member, which is the virginia commonwealth university real estate foundation. The sole member has the exclusive right to vote on the election, appointment or removal of directors, and it must approve all amendments to the articles of incorporation affecting the voting rights of members.

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

The organization has one member, which is the virginia commonwealth university real estate foundation. The sole member has the exclusive right to vote on the election, appointment or removal of directors, and it must approve all amendments to the articles of incorporation affecting the voting rights of members.

Form 990, Part VI, Section B, Line 11

The organization distributes a copy of the form 990 to all of the board of directors prior to the form being filed.

Form 990, Part VI, Section C, Line 19

The organization posts its current audited financial statements on its website each year. In addition, copies of the audited financial statements are sent electronically to all directors.

Filing and Contact Details

Filer

Filer Name
Monroe Park Campus Corporation
EIN
54-1661945
Phone
8048289292
Address
P O BOX 843075, RICHMOND, VA 23284-3075

Signing Officer

Name
Timothy a Graf
Title
Treasurer
Phone
8048289292
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy a Graf
Formed
1992
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Mitchell Wiggins & Company Llp
Address
1802 BAYBERRY COURT SUITE 300, RICHMOND, VA 23226
Preparer
M James Hartson Jr CPA
Phone
8042826000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Final transfer of assets to vcu real estate foundation -5,498.

FORM 990, PART XII, LINE 2C:

The oversight process has not changed from the previous year.

Financial Statement Notes

PART X, LINE 2:

The foundation and its controlled affiliate, monroe park campus corporation, are exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc). However, income from certain activities not directly related to each entity's tax-exempt purpose may be subject to taxation as unrelated business income. The foundation and its controlled affiliate, monroe park campus corporation, had no unrelated business income during the years ended june 30, 2015 and 2014. The organizations have determined that they do not have any material unrecognized tax benefits or obligations at june 30, 2015. The organizations include penalties and interest assessed by income taxing authorities in operating expenses, if applicable. The organizations did not incur any penalties or interest expense for the year ended june 30, 2015.

Raw XML AppendixShowing 400 of 401 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/MissionDesc0TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY BY UNDERTAKING VARIOUS ACTIVITIES ON ITS BEHALF AND AT THE DIRECTION OF THE VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION AND ITS CONTROLLED AFFILIATE, MONROE PARK CAMPUS CORPORATION, ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO EACH ENTITY'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION AND ITS CONTROLLED AFFILIATE, MONROE PARK CAMPUS CORPORATION, HAD NO UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2015 AND 2014. THE ORGANIZATIONS HAVE DETERMINED THAT THEY DO NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AT JUNE 30, 2015. THE ORGANIZATIONS INCLUDE PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES, IF APPLICABLE. THE ORGANIZATIONS DID NOT INCUR ANY PENALTIES OR INTEREST EXPENSE FOR THE YEAR ENDED JUNE 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE MEMBER, WHICH IS THE VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION. THE SOLE MEMBER HAS THE EXCLUSIVE RIGHT TO VOTE ON THE ELECTION, APPOINTMENT OR REMOVAL OF DIRECTORS, AND IT MUST APPROVE ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION AFFECTING THE VOTING RIGHTS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE MEMBER, WHICH IS THE VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION. THE SOLE MEMBER HAS THE EXCLUSIVE RIGHT TO VOTE ON THE ELECTION, APPOINTMENT OR REMOVAL OF DIRECTORS, AND IT MUST APPROVE ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION AFFECTING THE VOTING RIGHTS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO ALL OF THE BOARD OF DIRECTORS PRIOR TO THE FORM BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION POSTS ITS CURRENT AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE EACH YEAR. IN ADDITION, COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE SENT ELECTRONICALLY TO ALL DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINAL TRANSFER OF ASSETS TO VCU REAL ESTATE FOUNDATION -5,498.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1VIRGINIA COMMONWEALTH UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0541666531
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1546001758
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT VCU THROUGH THE MANAGEMENT OF REAL ESTATE USED BY THE UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PUBLIC UNIVERSITY WITH TWO MAIN CAMPUSES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0700 WEST GRACE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1912 W FRANKLIN STREET POST OFFICE B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RICHMOND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1RICHMOND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0232843075
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1232843035
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05498
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK CARRYING VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0VCU REAL ESTATE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt07707
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt07707
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02029
IRS990/TotalFunctionalExpensesGrp/TotalAmt02029
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0185
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0185
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07522
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt076287
IRS990/TotalProgramServiceExpensesAmt02029
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07707
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0324358
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07522
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 843075
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd0232843075
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.VCUREALESTATE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY A GRAF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08048289292
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONROE PARK CAMPUS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MONR
ReturnHeader/Filer/EIN0541661945
ReturnHeader/Filer/PhoneNum08048289292
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 843075
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0232843075
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540565834
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MITCHELL WIGGINS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01802 BAYBERRY COURT SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023226
ReturnHeader/PreparerPersonGrp/PhoneNum08042826000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M JAMES HARTSON JR CPA
ReturnHeader/ReturnTs02015-11-12T09:59:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30

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