Civic Intelligence

St. James Plaza Inc.

990 • Fiscal year 2018 • EIN 56-2022904

Oct 01, 2017 to Sep 30, 2018 • Filed on Mar 26, 2020

Organization ProfileN/A
1745 Martin Luther King Jr Pwky EWilson, NC 27893

(336) 644-1262

Siviq Scores

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

Liabilities / Assets

94th percentile

1.81x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

10.59x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2018

Net Margin

53rd percentile

-16%

Higher net margin than 53% of similar nonprofits.

2018 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

-3.0%

Faster asset growth than 51% of similar nonprofits.

2018 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

0.9%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$1,501,334

Down $46,190 (-3.0%) from 2017

Net Assets

Down

-$1,222,836

Down $41,077 (-3.5%) from 2017

Liabilities

Down

$2,724,170

Down $5,113 (-0.2%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin53rd percentile

Revenue

Up

$257,316

Up $2,199 (+0.9%) from 2017

Expenses

Down

$298,393

Down $31,984 (-9.7%) from 2017

Net Income

Up

-$41,077

Up $34,183 (+45%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $1,895,875Liabilities 2011: $2,740,508Net Assets 2011: -$844,6332011Assets 2012: $1,845,867Liabilities 2012: $2,724,138Net Assets 2012: -$878,2712012Assets 2013: $1,827,880Liabilities 2013: $2,722,578Net Assets 2013: -$894,6982013Assets 2014: $1,774,252Liabilities 2014: $2,727,043Net Assets 2014: -$952,7912014Assets 2015: $1,687,825Liabilities 2015: $2,724,866Net Assets 2015: -$1,037,0412015Assets 2016: $1,620,701Liabilities 2016: $2,727,200Net Assets 2016: -$1,106,4992016Assets 2017: $1,547,524Liabilities 2017: $2,729,283Net Assets 2017: -$1,181,7592017Assets 2018: $1,501,334Liabilities 2018: $2,724,170Net Assets 2018: -$1,222,8362018Assets 2019: $1,430,998Liabilities 2019: $2,733,423Net Assets 2019: -$1,302,4252019Assets 2020: $1,373,727Liabilities 2020: $2,727,266Net Assets 2020: -$1,353,5392020Assets 2021: $1,277,953Liabilities 2021: $2,729,035Net Assets 2021: -$1,451,0822021Assets 2022: $1,191,694Liabilities 2022: $2,731,426Net Assets 2022: -$1,539,7322022Assets 2023: $1,123,499Liabilities 2023: $2,727,773Net Assets 2023: -$1,604,2742023Assets 2024: $1,034,756Liabilities 2024: $2,737,028Net Assets 2024: -$1,702,2722024

Highlighted filing

2018

Assets$1,501,334
Liabilities$2,724,170
Net Assets-$1,222,836
Open 2018 Filing

Operations Trend

Revenue Growth40th percentile

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

$400K$200K$0-$200KExpenses 2011: $329,1872011Expenses 2012: $294,7852012Expenses 2013: $299,1262013Revenue 2014: $251,901Expenses 2014: $309,994Net Income 2014: -$58,0932014Revenue 2015: $250,439Expenses 2015: $334,689Net Income 2015: -$84,2502015Revenue 2016: $257,738Expenses 2016: $327,196Net Income 2016: -$69,4582016Revenue 2017: $255,117Expenses 2017: $330,377Net Income 2017: -$75,2602017Revenue 2018: $257,316Expenses 2018: $298,393Net Income 2018: -$41,0772018Revenue 2019: $248,515Expenses 2019: $328,104Net Income 2019: -$79,5892019Revenue 2020: $260,900Expenses 2020: $312,014Net Income 2020: -$51,1142020Revenue 2021: $254,167Expenses 2021: $351,710Net Income 2021: -$97,5432021Revenue 2022: $255,416Expenses 2022: $344,066Net Income 2022: -$88,6502022Revenue 2023: $263,340Expenses 2023: $327,882Net Income 2023: -$64,5422023Revenue 2024: $274,275Expenses 2024: $372,273Net Income 2024: -$97,9982024

Highlighted filing

2018

Revenue$257,316
Expenses$298,393
Net Income-$41,077
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Mar 26, 2020
Return Version
2017v2.3
Gross Receipts
$257,316
Mission and Program Overview

Mission

To advocate and provide safe, sanitary, affordable housing for very low income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,399,599$1,347,839▼ $51,760
Investments Program Related$129,024$110,583▼ $18,441
Cash and Non-Interest-Bearing Accounts$10,488$23,672▲ $13,184
Prepaid Expenses and Deferred Charges$3,109$10,825▲ $7,716
Accounts Receivable$1,274$4,618▲ $3,344
Total Assets$1,547,524$1,501,334▼ $46,190
Other Assets Total$4,030$3,797▼ $233
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,700,650$2,700,650→ $0
Accounts Payable and Accrued Expenses$23,322$17,084▼ $6,238
Other Liabilities$3,054$4,035▲ $981
Deferred Revenue$2,257$2,401▲ $144
Total Liabilities$2,729,283$2,724,170▼ $5,113
Net Assets / Fund Balance
Unrestricted Net Assets$-1,181,759$-1,222,836▼ $41,077
Total Net Assets Fund Balance$-1,181,759$-1,222,836▼ $41,077
Total Liabilities and Net Assets / Fund Balance$1,547,524$1,501,334▼ $46,190

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,215,306$1,191,536$2,406,842
Equipment$101,620$158,852$260,472
Other Land Buildings$20,913$8,058$28,971
Land$10,000-$10,000
Investment Program Related Org$100,593--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Yvonne BarnesPresident
Dorothy LaneDirector
Martha WilsonDirector
Rev Charles BarnesDirector
Robert HookerDirector
Thomas BrownDirector
Angela WhiteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$142,503
Program Service Revenue
$111,864
Investment Income
$592
Other Revenue
$2,357
Change in Net Assets
$-41,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$257,316
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$257,316
Total Revenue per Form 990
$257,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,393
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
Occupancy$136,436--$136,436
Depreciation Depletion$80,934--$80,934
Fees for Services Management-$22,385-$22,385
Fees for Services Accounting-$7,800-$7,800
Office Expenses-$6,929-$6,929
Other Expenses$2,393--$2,393
Total Functional Expenses$261,279$37,114$0$298,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$298,393
Total Expenses per Audited Statements$298,393
Total Expenses per Form 990$298,393
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$3,610
Residual Receipts Available for Recapture$425
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
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The operations of the apartment community are managed by barr residential & development, llc (brd). Brd is a professional property management company. Brd has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development (hud). Under this certification, hud has approved brd to manage the apartment community.”

Form 990, Part VI, Section A, Line 6

“The members of the corporation are to be appointed and approved by the sponsor organization, national benevolent association (nba). The conditions, requirements and qualifications for membership are at the discretion of nba.”

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

“The sponsoring organization, nba, appoints all members of the corporation who are responsible for electing the board of directors.”

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

“The bylaws may be altered or amended only with a 2/3 majority vote of the board of directors, and a majority vote of the board of trustees of the sponsor organization, nba.”

Form 990, Part VI, Section B, Line 11B

“The board of directors reads and reviews form 990 prior to approving the return for filing with the irs.”

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

“The board of directors and management agent acknowledge annually that they are in compliance with the applicable policies and regulations, including standards of conduct covering conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Form 990, the governing documents, and all related financial and policy information is kept in the organization's central file room with the books and records, and made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
St James Plaza Inc
EIN
56-2022904
Phone
3366441262
Address
1745 MARTIN LUTHER KING JR PWKY E, WILSON, NC 27893

Signing Officer

Name
Yvonne Barnes
Title
President
Phone
3366441262
Signed
2020-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yvonne Barnes
Formed
1997
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Kevin Canfield
Phone
3178485700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax. Accordingly, no provisions for federal and state taxes on revenue and income, or related penalties and interest, have been recognized in the accompanying financial statements. At september 30, 2018, the corporation's tax returns for tax years 2015 through 2017 were open for examination.”

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IRS990/ReconcilationRevenueExpnssAmt0-41077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0114221
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0142503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0143924
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0143322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0139057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0136231
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0705037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0592
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0290
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0314
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0318
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0111864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0109368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0109319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0109631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0113324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0553506
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0592
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0290
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0314
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0318
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01755
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02357
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01584
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04807
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01437
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02028
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012213
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98900
IRS990ScheduleA/PublicSupportPY509Pct00.99000
IRS990ScheduleA/PublicSupportTotal509Amt01258543
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0254367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0253292
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0252641
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0248688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0249555
IRS990ScheduleA/Total509Grp/TotalAmt01258543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0257316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0255117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0257738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0250439
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0251901
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01272511
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01215306
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01191536
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02406842
IRS990ScheduleD/EquipmentGrp/BookValueAmt0101620
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158852
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0260472
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0298393
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt09990
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1100593
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1REPLACEMENT FOR RESERVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020913
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08058
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS AVAILABLE FOR RECAPTURE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0257316
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX. ACCORDINGLY, NO PROVISIONS FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME, OR RELATED PENALTIES AND INTEREST, HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AT SEPTEMBER 30, 2018, THE CORPORATION'S TAX RETURNS FOR TAX YEARS 2015 THROUGH 2017 WERE OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01347839
IRS990ScheduleD/TotalBookValueProgramRltdAmt0110583
IRS990ScheduleD/TotalExpensesPerForm990Amt0298393
IRS990ScheduleD/TotalLiabilityAmt04035
IRS990ScheduleD/TotalRevenuePerForm990Amt0257316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0257316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0298393
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OPERATIONS OF THE APARTMENT COMMUNITY ARE MANAGED BY BARR RESIDENTIAL & DEVELOPMENT, LLC (BRD). BRD IS A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BRD HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THIS CERTIFICATION, HUD HAS APPROVED BRD TO MANAGE THE APARTMENT COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CORPORATION ARE TO BE APPOINTED AND APPROVED BY THE SPONSOR ORGANIZATION, NATIONAL BENEVOLENT ASSOCIATION (NBA). THE CONDITIONS, REQUIREMENTS AND QUALIFICATIONS FOR MEMBERSHIP ARE AT THE DISCRETION OF NBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SPONSORING ORGANIZATION, NBA, APPOINTS ALL MEMBERS OF THE CORPORATION WHO ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS MAY BE ALTERED OR AMENDED ONLY WITH A 2/3 MAJORITY VOTE OF THE BOARD OF DIRECTORS, AND A MAJORITY VOTE OF THE BOARD OF TRUSTEES OF THE SPONSOR ORGANIZATION, NBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS READS AND REVIEWS FORM 990 PRIOR TO APPROVING THE RETURN FOR FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS AND MANAGEMENT AGENT ACKNOWLEDGE ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE APPLICABLE POLICIES AND REGULATIONS, INCLUDING STANDARDS OF CONDUCT COVERING CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, THE GOVERNING DOCUMENTS, AND ALL RELATED FINANCIAL AND POLICY INFORMATION IS KEPT IN THE ORGANIZATION'S CENTRAL FILE ROOM WITH THE BOOKS AND RECORDS, AND MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01547524
IRS990/TotalAssetsEOYAmt01501334
IRS990/TotalAssetsGrp/BOYAmt01547524
IRS990/TotalAssetsGrp/EOYAmt01501334
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0142503
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037114
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0261279
IRS990/TotalFunctionalExpensesGrp/TotalAmt0298393
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02729283
IRS990/TotalLiabilitiesEOYAmt02724170
IRS990/TotalLiabilitiesGrp/BOYAmt02729283
IRS990/TotalLiabilitiesGrp/EOYAmt02724170
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1181759
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1222836
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0261279
IRS990/TotalProgramServiceRevenueAmt0111864
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0592
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114221
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0257316

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,501,334
Liabilities
$2,724,170
Net assets
-$1,222,836
Revenue
$257,316
Expenses
$298,393
Net income
-$41,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$2.74$1.70$0.27$0.37$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.12$2.73$1.60$0.26$0.33$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$2.73$1.54$0.26$0.34$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.28$2.73$1.45$0.25$0.35$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.37$2.73$1.35$0.26$0.31$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.43$2.73$1.30$0.25$0.33$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.50$2.72$1.22$0.26$0.30$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.55$2.73$1.18$0.26$0.33$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.62$2.73$1.11$0.26$0.33$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.69$2.72$1.04$0.25$0.33$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.77$2.73$0.95$0.25$0.31$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$2.72$0.89$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$2.72$0.88$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.74$0.84$0.33