Civic Intelligence

S G Atkins Community Development Corporation

990 • Fiscal year 2016 • EIN 56-2087076

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 05, 2017

Organization ProfileWWW.SGACDC.ORG
1922 S Martin Luther King DriveWinstonsalem, NC 27107

(336) 734-6915

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.31x

Higher debt load relative to assets than 52% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

1.13x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

10th percentile

-45%

Higher net margin than 10% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

84th percentile

20%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-6.2%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$5,041,524

Up $837,212 (+20%) from 2015

Net Assets

Down

$3,467,102

Down $629,977 (-15%) from 2015

Liabilities

Up

$1,574,422

Up $1,467,189 (+1368%) from 2015

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin10th percentile

Revenue

Down

$1,396,285

Down $92,458 (-6.2%) from 2015

Expenses

Up

$2,026,262

Up $1,432,017 (+241%) from 2015

Net Income

Down

-$629,977

Down $1,524,475 (-170%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,452,831Liabilities 2011: $513,724Net Assets 2011: $1,939,1072011Assets 2012: $3,005,996Liabilities 2012: $20,996Net Assets 2012: $2,985,0002012Assets 2013: $3,141,151Liabilities 2013: $23,206Net Assets 2013: $3,117,9452013Assets 2014: $3,315,679Liabilities 2014: $113,098Net Assets 2014: $3,202,5812014Assets 2015: $4,204,312Liabilities 2015: $107,233Net Assets 2015: $4,097,0792015Assets 2016: $5,041,524Liabilities 2016: $1,574,422Net Assets 2016: $3,467,1022016Assets 2017: $4,981,990Liabilities 2017: $1,585,990Net Assets 2017: $3,396,0002017Assets 2018: $5,627,763Liabilities 2018: $2,259,148Net Assets 2018: $3,368,6152018Assets 2019: $4,982,869Liabilities 2019: $1,740,946Net Assets 2019: $3,241,9232019Assets 2020: $5,009,813Liabilities 2020: $1,789,490Net Assets 2020: $3,220,3232020Assets 2021: $5,076,056Liabilities 2021: $1,894,919Net Assets 2021: $3,181,1372021Assets 2022: $5,237,337Liabilities 2022: $1,933,935Net Assets 2022: $3,303,4022022Assets 2023: $4,819,862Liabilities 2023: $1,768,474Net Assets 2023: $3,051,3882023Assets 2024: $4,658,977Liabilities 2024: $1,754,540Net Assets 2024: $2,904,4372024

Highlighted filing

2016

Assets$5,041,524
Liabilities$1,574,422
Net Assets$3,467,102
Open 2016 Filing

Operations Trend

Revenue Growth27th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,543,978Expenses 2011: $233,372Net Income 2011: $1,310,6062011Revenue 2012: $1,398,767Expenses 2012: $352,874Net Income 2012: $1,045,8932012Revenue 2013: $621,259Expenses 2013: $488,314Net Income 2013: $132,9452013Revenue 2014: $691,162Expenses 2014: $606,526Net Income 2014: $84,6362014Revenue 2015: $1,488,743Expenses 2015: $594,245Net Income 2015: $894,4982015Revenue 2016: $1,396,285Expenses 2016: $2,026,262Net Income 2016: -$629,9772016Revenue 2017: $561,538Expenses 2017: $638,383Net Income 2017: -$76,8452017Revenue 2018: $569,555Expenses 2018: $596,940Net Income 2018: -$27,3852018Revenue 2019: $510,379Expenses 2019: $629,639Net Income 2019: -$119,2602019Revenue 2020: $642,733Expenses 2020: $664,333Net Income 2020: -$21,6002020Revenue 2021: $793,474Expenses 2021: $832,660Net Income 2021: -$39,1862021Revenue 2022: $1,070,705Expenses 2022: $947,974Net Income 2022: $122,7312022Revenue 2023: $812,357Expenses 2023: $1,064,370Net Income 2023: -$252,0132023Revenue 2024: $1,093,151Expenses 2024: $1,240,102Net Income 2024: -$146,9512024

Highlighted filing

2016

Revenue$1,396,285
Expenses$2,026,262
Net Income-$629,977
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 5, 2017
Return Version
2015v3.0
Gross Receipts
$1,396,285
Mission and Program Overview

Mission

Housing restoration and overall economic development in east winston-salem, north carolina along the martin luther king jr. Drive corridor

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,809,890$4,511,124▲ $1,701,234
Cash and Non-Interest-Bearing Accounts$69,156$192,017▲ $122,861
Pledges and Grants Receivable$213,593$52,523▼ $161,070
Other Notes and Loans Receivable, Net$20,000--
Accounts Receivable-$1,656-
Total Assets$4,204,312$5,041,524▲ $837,212
Other Assets Total$1,091,673$284,204▼ $807,469
Liabilities
Other Liabilities$7,162$1,569,484▲ $1,562,322
Deferred Revenue$100,000$4,818▼ $95,182
Accounts Payable and Accrued Expenses$71$120▲ $49
Total Liabilities$107,233$1,574,422▲ $1,467,189
Net Assets / Fund Balance
Unrestricted Net Assets$2,253,147$3,361,755▲ $1,108,608
Temporarily Rstr Net Assets$1,843,932$105,347▼ $1,738,585
Total Net Assets Fund Balance$4,097,079$3,467,102▼ $629,977
Total Liabilities and Net Assets / Fund Balance$4,204,312$5,041,524▲ $837,212

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,206,009$345,745$4,551,754
Equipment$90,115$147,428$237,543
Land$215,000-$215,000
Other Assets Org$284,204--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Lavon GrayChair
Kevin ByersVice Chair
Dee WashingtonDirector
Doug AtkinsonDirector
Gabriel BottazziDirector
Lester ArnoldDirector
Mildred PerezDirector
Pastor Alvin CarlisleDirector
Randy MillsDirector
Rosalba LadezmaDirector
Russell SmithDirector
Tammy EvansDirector
Walter FarabeeDirector
Carol DavisExecutive Di
Virginia HardestySecretary
Anna TefftTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,161,499
Program Service Revenue
$142,465
Investment Income
$20
Other Revenue
$92,301
All Other Contributions
$104,057
Change in Net Assets
$-629,977

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,396,285
Revenue Not Reported on Form 990
$100,068
Total Revenue per Audited Statements
$1,496,353
Total Revenue per Form 990
$1,396,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,877,764
Salaries, Compensation, and Employee Benefits$148,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$102,721$34,240-$136,961
Depreciation Depletion$110,033$3,849-$113,882
Fees for Services Other$69,260--$69,260
Occupancy$56,942--$56,942
Office Expenses$29,045$3,980-$33,025
Fees for Services Accounting-$12,000-$12,000
Payroll Taxes$7,910$2,636-$10,546
Fees for Services Legal-$8,129-$8,129
Insurance$7,235--$7,235
Other Expenses$6,598--$6,598
All Other Expenses$5,727$162-$5,889
Travel-$1,484-$1,484
Pension Plan Contributions$593$198-$791
Other Employee Benefits$150$50-$200
Total Functional Expenses$1,959,534$66,728$0$2,026,262

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,026,262
Total Expenses per Form 990$2,026,262
Total Expenses per Audited Statements$685,517
Expenses Not Reported on Form 990$-1,340,745
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
Deferred Note Payable$1,419,000
Note Payable$139,276
Security Deposits$11,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Management, board, and certain funding organizations review prior to filing”

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

“Conflicts of interest are discussed during annual performance review”

Form 990, Page 6, Part VI, Line 15A

“Salary adjustments are authorized by the board of directors”

Form 990, Page 6, Part VI, Line 19

“All pertinent documents are available for inspection at the organization's office”

Filing and Contact Details

Filer

Filer Name
Sg Atkins Community Development
EIN
56-2087076
Phone
3367346915
Address
1922 S MARTIN LUTHER KING DRIVE, WINSTONSALEM, NC 27107

Signing Officer

Name
Carol Davis
Title
Executive Director
Phone
3367346900
Signed
2017-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Davis
Formed
1998
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
19

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Richard J Tamer
Phone
3367250635
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The cdc is an exempt organization under section 501(c)(3) of the internal revenue code and classified by the united states internal revenue service as other than a private foundation. The organization is subject to income tax on unrelated business income. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The cdc's forms 990, return of organization exempt from income tax, for the years ending june 30, 2014, 2015, and 2016 are subject to examination by the irs, generally for three years after they were filed.”

Schedule D, Page 4, Part XIII

“Certain errors resulted in an overstatement of temporarily restricted and unrestricted net assets for the year ended june 30, 2015. Accordingly, 919,000 and 500,000 have been adjusted from "net assets at beginning of year" on the statement of activities for 2015 for temporarily restricted and unrestricted net assets, respectively. This 1,419,000 was reclassified into "deferred note payable" on the statement of financial position. Likewise, certain errors resulted in an overstatement of unrestricted revenue for the year ended june 30, 2015. Accordingly, 121,813 has been adjusted from the unrestricted column of "other grants" on the statement of activities for 2015. This 121,813 has been reclassified into "note payable" on the balance sheet for 2015. Also, certain errors resulted in an understatement of temporarily restricted net assets for the year ended june 30, 2015. Accordingly, 100,000 has been adjusted from "deferred revenue" on the statement of financial position to "net assets at beginning of year" on the statement of activities for 2015.”

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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01396285
IRS990/GrossRentsGrp/RealAmt092288
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07235
IRS990/InsuranceGrp/TotalAmt07235
IRS990/InvestmentIncomeGrp/ExclusionAmt020
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0493173
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02809890
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04511124
IRS990/LandBldgEquipCostOrOtherBssAmt05004297
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HOUSING RESTORATION AND OVERALL ECONOMIC DEVELOPMENT IN EAST WINSTON-SALEM, NORTH CAROLINA ALONG THE MARTIN LUTHER KING JR. DRIVE CORRIDOR
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04097079
IRS990/NetAssetsOrFundBalancesEOYAmt03467102
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt092288
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt092288
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt056942
IRS990/OccupancyGrp/TotalAmt056942
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03980
IRS990/OfficeExpensesGrp/ProgramServicesAmt029045
IRS990/OfficeExpensesGrp/TotalAmt033025
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01091673
IRS990/OtherAssetsTotalGrp/EOYAmt0284204
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0150
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0200
IRS990/OtherExpensesGrp/Desc0PRIOR PERIOD ADJUSTMENT
IRS990/OtherExpensesGrp/Desc1ENTERPRISE PROJECT EXPENS
IRS990/OtherExpensesGrp/Desc2PROJECTS
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01440813
IRS990/OtherExpensesGrp/ProgramServicesAmt1102507
IRS990/OtherExpensesGrp/ProgramServicesAmt220000
IRS990/OtherExpensesGrp/ProgramServicesAmt36598
IRS990/OtherExpensesGrp/TotalAmt01440813
IRS990/OtherExpensesGrp/TotalAmt1102507
IRS990/OtherExpensesGrp/TotalAmt220000
IRS990/OtherExpensesGrp/TotalAmt36598
IRS990/OtherLiabilitiesGrp/BOYAmt07162
IRS990/OtherLiabilitiesGrp/EOYAmt01569484
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013
IRS990/OtherRevenueTotalAmt013
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034240
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0102721
IRS990/OtherSalariesAndWagesGrp/TotalAmt0136961
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02636
IRS990/PayrollTaxesGrp/ProgramServicesAmt07910
IRS990/PayrollTaxesGrp/TotalAmt010546
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0198
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0593
IRS990/PensionPlanContributionsGrp/TotalAmt0791
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0213593
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt052523
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CAROL DAVIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL - OFFICE SPACE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME - SOHS
IRS990/ProgramServiceRevenueGrp/Desc2GARDEN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108037
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133403
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108037
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133403
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21025
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01309368
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010
IRS990/PYOtherExpensesAmt0376820
IRS990/PYOtherRevenueAmt0179365
IRS990/PYRevenuesLessExpensesAmt0894498
IRS990/PYSalariesCompEmpBnftPaidAmt0217425
IRS990/PYTotalExpensesAmt0594245
IRS990/PYTotalRevenueAmt01488743
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-629977
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt092288
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0142465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01161499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0478187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0507679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0256254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0591713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02995332
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0234766
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02995332
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01161499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0478187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0507679
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0256254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0591713
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02995332
IRS990ScheduleA/TotalSupportAmt02995416
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04206009
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0345745
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04551754
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0100068
IRS990ScheduleD/DonatedServicesUseFcltsAmt0100068
IRS990ScheduleD/EquipmentGrp/BookValueAmt090115
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0147428
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0237543
IRS990ScheduleD/ExpensesNotReportedAmt0-1340745
IRS990ScheduleD/ExpensesSubtotalAmt02026262
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0215000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0215000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0284204
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROPERTIES HELD FOR RESALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROCESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01419000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1139276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt211208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/PriorYearAdjustmentsAmt0-1440813
IRS990ScheduleD/RevenueNotReportedAmt0100068
IRS990ScheduleD/RevenueSubtotalAmt01396285
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CDC IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE UNITED STATES INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CDC'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING JUNE 30, 2014, 2015, AND 2016 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CERTAIN ERRORS RESULTED IN AN OVERSTATEMENT OF TEMPORARILY RESTRICTED AND UNRESTRICTED NET ASSETS FOR THE YEAR ENDED JUNE 30, 2015. ACCORDINGLY, 919,000 AND 500,000 HAVE BEEN ADJUSTED FROM "NET ASSETS AT BEGINNING OF YEAR" ON THE STATEMENT OF ACTIVITIES FOR 2015 FOR TEMPORARILY RESTRICTED AND UNRESTRICTED NET ASSETS, RESPECTIVELY. THIS 1,419,000 WAS RECLASSIFIED INTO "DEFERRED NOTE PAYABLE" ON THE STATEMENT OF FINANCIAL POSITION. LIKEWISE, CERTAIN ERRORS RESULTED IN AN OVERSTATEMENT OF UNRESTRICTED REVENUE FOR THE YEAR ENDED JUNE 30, 2015. ACCORDINGLY, 121,813 HAS BEEN ADJUSTED FROM THE UNRESTRICTED COLUMN OF "OTHER GRANTS" ON THE STATEMENT OF ACTIVITIES FOR 2015. THIS 121,813 HAS BEEN RECLASSIFIED INTO "NOTE PAYABLE" ON THE BALANCE SHEET FOR 2015. ALSO, CERTAIN ERRORS RESULTED IN AN UNDERSTATEMENT OF TEMPORARILY RESTRICTED NET ASSETS FOR THE YEAR ENDED JUNE 30, 2015. ACCORDINGLY, 100,000 HAS BEEN ADJUSTED FROM "DEFERRED REVENUE" ON THE STATEMENT OF FINANCIAL POSITION TO "NET ASSETS AT BEGINNING OF YEAR" ON THE STATEMENT OF ACTIVITIES FOR 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04511124
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0284204
IRS990ScheduleD/TotalExpensesPerForm990Amt02026262
IRS990ScheduleD/TotalLiabilityAmt01569484
IRS990ScheduleD/TotalRevenuePerForm990Amt01396285
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01496353
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0685517
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT, BOARD, AND CERTAIN FUNDING ORGANIZATIONS REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE DISCUSSED DURING ANNUAL PERFORMANCE REVIEW

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,041,524
Liabilities
$1,574,422
Net assets
$3,467,102
Revenue
$1,396,285
Expenses
$2,026,262
Net income
-$629,977
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$1.75$2.90$1.09$1.24$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$1.77$3.05$0.81$1.06$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$1.93$3.30$1.07$0.95$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$1.89$3.18$0.79$0.83$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$1.79$3.22$0.64$0.66$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$1.74$3.24$0.51$0.63$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.63$2.26$3.37$0.57$0.60$0.03
2017Summary only. Only limited summary data is available for this year.$4.98$1.59$3.40$0.56$0.64$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.04$1.57$3.47$1.40$2.03$0.63
2015Summary only. Only limited summary data is available for this year.$4.20$0.11$4.10$1.49$0.59$0.89
2014Summary only. Only limited summary data is available for this year.$3.32$0.11$3.20$0.69$0.61$0.08
2013Summary only. Only limited summary data is available for this year.$3.14$0.02$3.12$0.62$0.49$0.13
2012Summary only. Only limited summary data is available for this year.$3.01$0.02$2.99$1.40$0.35$1.05
2011Summary only. Only limited summary data is available for this year.$2.45$0.51$1.94$1.54$0.23$1.31