Civic Intelligence

Atlantic Housing Foundation Inc.

990 • Fiscal year 2018 • EIN 57-1090154

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization Profilewww.atlantichousing.org

View Organization Page

4770 Iberia Avenue Suite 100Dallas, TX 75207

(469) 206-8900

Siviq Scores

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

Liabilities / Assets

97th percentile

1.27x

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

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

9.07x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

14th percentile

-5.0%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

68th percentile

$1,350,411

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Asset Growth

98th percentile

97%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-24%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$464,184,556

Up $228,562,231 (+97%) from 2017

Net Assets

Down

-$125,806,316

Down $3,389,192 (-2.8%) from 2017

Liabilities

Up

$589,990,872

Up $231,951,423 (+65%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin14th percentile

Revenue

Down

$65,025,066

Down $21,016,378 (-24%) from 2017

Expenses

Up

$68,244,258

Up $311,996 (+0.5%) from 2017

Net Income

Down

-$3,219,192

Down $21,328,374 (-118%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.0B$500M$0-$500MAssets 2011: $259,661,427Liabilities 2011: $424,271,610Net Assets 2011: -$164,610,1832011Assets 2012: $246,762,863Liabilities 2012: $420,295,578Net Assets 2012: -$173,532,7152012Assets 2013: $242,249,297Liabilities 2013: $418,440,380Net Assets 2013: -$176,191,0832013Assets 2014: $225,774,098Liabilities 2014: $365,705,175Net Assets 2014: -$139,931,0772014Assets 2015: $223,564,974Liabilities 2015: $364,339,223Net Assets 2015: -$140,774,2492015Assets 2016: $221,693,784Liabilities 2016: $362,050,090Net Assets 2016: -$140,356,3062016Assets 2017: $235,622,325Liabilities 2017: $358,039,449Net Assets 2017: -$122,417,1242017Assets 2018: $464,184,556Liabilities 2018: $589,990,872Net Assets 2018: -$125,806,3162018Assets 2019: $554,431,677Liabilities 2019: $686,389,661Net Assets 2019: -$131,957,9842019Assets 2020: $523,695,373Liabilities 2020: $601,207,985Net Assets 2020: -$77,512,6122020Assets 2021: $500,012,699Liabilities 2021: $576,949,019Net Assets 2021: -$76,936,3202021Assets 2022: $540,951,595Liabilities 2022: $625,998,766Net Assets 2022: -$85,047,1712022Assets 2023: $528,140,962Liabilities 2023: $625,952,365Net Assets 2023: -$97,811,4032023Assets 2024: $439,221,223Liabilities 2024: $529,157,055Net Assets 2024: -$89,935,8322024

Highlighted filing

2018

Assets$464,184,556
Liabilities$589,990,872
Net Assets-$125,806,316
Open 2018 Filing

Operations Trend

Revenue Growth7th percentile

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

$150M$100M$50M$0-$50MRevenue 2011: $52,633,812Expenses 2011: $68,832,119Net Income 2011: -$16,198,3072011Revenue 2012: $59,024,599Expenses 2012: $70,174,771Net Income 2012: -$11,150,1722012Revenue 2013: $63,916,276Expenses 2013: $69,523,929Net Income 2013: -$5,607,6532013Revenue 2014: $97,886,807Expenses 2014: $65,182,979Net Income 2014: $32,703,8282014Revenue 2015: $62,370,121Expenses 2015: $64,430,416Net Income 2015: -$2,060,2952015Revenue 2016: $66,862,186Expenses 2016: $65,889,333Net Income 2016: $972,8532016Revenue 2017: $86,041,444Expenses 2017: $67,932,262Net Income 2017: $18,109,1822017Revenue 2018: $65,025,066Expenses 2018: $68,244,258Net Income 2018: -$3,219,1922018Revenue 2019: $101,104,174Expenses 2019: $96,771,729Net Income 2019: $4,332,4452019Revenue 2020: $148,610,400Expenses 2020: $93,995,028Net Income 2020: $54,615,3722020Revenue 2021: $103,755,815Expenses 2021: $103,009,523Net Income 2021: $746,2922021Revenue 2022: $98,028,406Expenses 2022: $106,224,237Net Income 2022: -$8,195,8312022Revenue 2023: $101,000,581Expenses 2023: $112,402,795Net Income 2023: -$11,402,2142023Revenue 2024: $120,912,541Expenses 2024: $117,636,361Net Income 2024: $3,276,1802024

Highlighted filing

2018

Revenue$65,025,066
Expenses$68,244,258
Net Income-$3,219,192
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$65,025,066
Mission and Program Overview

Mission

To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$155,583,699$180,755,995▲ $25,172,296
Intangible Assets$11,567,918$15,535,128▲ $3,967,210
Other Notes and Loans Receivable, Net$13,124,722$15,255,873▲ $2,131,151
Cash and Non-Interest-Bearing Accounts$21,548,718$12,063,529▼ $9,485,189
Prepaid Expenses and Deferred Charges$1,393,099$1,636,017▲ $242,918
Loans From Officers Directors$1,925,369$1,326,526▼ $598,843
Accounts Receivable$1,372,700$672,146▼ $700,554
Savings and Temporary Cash Investments-$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-
Inventories for Sale or Use-$0-
Total Assets$235,622,325$464,184,556▲ $228,562,231
Other Assets Total$31,031,469$238,265,868▲ $207,234,399
Liabilities
Tax Exempt Bond Liabilities$151,249,972$372,342,307▲ $221,092,335
Mortgage Notes Payable Secured by Investment Property$187,347,647$191,900,563▲ $4,552,916
Other Liabilities$15,919,068$18,460,564▲ $2,541,496
Accounts Payable and Accrued Expenses$884,385$5,960,912▲ $5,076,527
Unsecured Notes Loans Payable$713,008--
Total Liabilities$358,039,449$589,990,872▲ $231,951,423
Net Assets / Fund Balance
Unrestricted Net Assets$-122,417,124$-125,806,316▼ $3,389,192
Total Net Assets Fund Balance$-122,417,124$-125,806,316▼ $3,389,192
Total Liabilities and Net Assets / Fund Balance$235,622,325$464,184,556▲ $228,562,231

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$118,394,924$126,387,930$244,782,854
Land$60,584,140-$60,584,140
Other Land Buildings$1,776,931$12,301,392$14,078,323
Other Assets Org$557,624--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael NguyenPresident & CEOFT$349,965$1,000,446$1,350,411
Daniel FrenchChairman/evpFT$194,220$802,334$996,554
Elizabeth W SnyderSecretaryFT$140,348$362,519$502,867
Kent FosterDirector of Dev and AcqFT$142,100$253,451$395,551
Russell L RichardsonDirector of OperationsFT$160,967$92,740$253,707
Janine KrivejkoRegional ManagerFT$129,386$566$129,952
Debra A ManookianControllerFT$105,612$7,856$113,468
Belinda SolisCompliance ManagerFT$102,465$8,673$111,138
Wilfredo F SaquetonSec, Treas, CFOFT$63,163$986$64,149

Board Members and Trustees

NameTitle
Alton JonesTrustee
Raj MenonTrustee
Richard WhaleyTrustee
Scottie SmithTrustee
Amy DoddsLow Income Rep
Patricia GulleyLow Income Rep
Robert HeardLow Income Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$64,632,401
Investment Income
$392,665
Other Revenue
$0
Change in Net Assets
$-3,219,192

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,025,066
Total Revenue per Audited Statements
$65,025,066
Total Revenue per Form 990
$65,025,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,914,735
Salaries, Compensation, and Employee Benefits$5,016,097
Grants and Similar Amounts Paid$313,426
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$18,315,338$962-$18,316,300
Depreciation Depletion$8,930,722$9,830-$8,940,552
Insurance$3,863,028$22,368-$3,885,396
Current Officers, Directors, Trustees, and Key Employees$3,250,778$604,351-$3,855,129
Other Expenses$2,889,991--$2,889,991
All Other Expenses$977,769$190,879-$1,168,648
Other Salaries and Wages$735,806$142,464-$878,270
Grants to Domestic Individuals$313,426--$313,426
Payroll Taxes$159,019$31,186-$190,205
Travel$150,245$37,561-$187,806
Fees for Services Other$148,885--$148,885
Occupancy-$144,200-$144,200
Other Employee Benefits$69,278$23,215-$92,493
Fees for Services Legal-$62,774-$62,774
Office Expenses-$39,563-$39,563
Information Technology-$29,215-$29,215
Total Functional Expenses$66,905,690$1,338,568$0$68,244,258

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$68,531,263
Expenses per Audited Statements$68,244,258
Total Expenses per Form 990$68,244,258
Expenses Not Reported on Form 990$287,005
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
Loans from Officers, Directors, Trustees, and Key Employees$1,925,369$1,326,526▼ $598,843
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$15,805,008
Security Deposits$1,612,734
Prepaid Rent$752,816
Other Accrued Expenses$290,006

Bond Issues

BondIssuerIssuedIssue PricePurpose
CCapital Trust Agency2018-09-25$222,331,482Fl Intl Univ Hsg Development
ACapital Trust Agency2005-11-10$105,305,000Acquire Bay Fund Properties
BCapital Trust Agency2017-12-21$88,334,972Refund Series 2008 Bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$222,331,482--$2,932,431
A$105,305,000-$42,390,000$1,592,532
B$88,334,972-$1,239,147$1,722,532

Bond Financing Compliance

No rebate due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by 501(c)(3) legal counsel, then provided to the board of directors for review and approval prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Each director, officer, executive level employee and contractor shall annually sign a statement which affirms that such person :a. has received a copy of this Policy of the Corporation,b. has read and understands this Policy,c. has agreed to comply with this Policy, andd. understands that the Corporation is a charitable organization and that inorder to maintain its federal tax exemption, it must engage primarily inactivities which accomplish one or more of its stated tax exempt charitablepurposes and does not result in private inurement or unreasonable orexcessive economic benefit to private individuals or entities.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation Procedures1. No Interested Person shall vote on any matter relating to his or hercompensation, irrespective or whether said compensation is received directly orindirectly from the Corporation. No Interested Person, however, is prohibitedfrom providing information to the Board or a committee regarding compensation,including factual data on comparable compensation for comparable services orproposed compensation.2. The Corporation shall endeavor to ensure that all compensation arrangementsaffecting Interested Persons are objectively reasonable, based on the relevantmarket for persons of comparable skills, training, education and experience andperforming similar duties for comparable organizations under similar conditionsand circumstances. The Corporation shall consider and give due weight to studiespublished by third parties regarding rates of compensation whenever and, to theextent that, such studies are reliable, comparable and available.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are made available by written request.”

Filing and Contact Details

Filer

Filer Name
Atlantic Housing Foundation Inc
EIN
57-1090154
Phone
4692068900
Address
4770 Iberia Avenue Suite 100, DALLAS, TX 75207

Signing Officer

Name
Michael Nguyen
Title
President & CEO
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Nguyen
Formed
1999
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
7
Employees
350

Preparer

Firm
M Group Llp
Address
515 W SOUTHLAKE BLVD Ste 150, SOUTHLAKE, TX 76092-6176
Preparer
Michael C Martin
Phone
8178651360
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Capital distributions to minority partner = -$170000”

Financial Statement Notes

Part X : FIN48 Footnote

“The rules governing uncertainty in income taxes for nonpublic enterprises require additional disclosures for situations, if any, where the Corporations tax positions are considered uncertain. This did not have a material effect on the Corporations results of operations or financial position. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. There are no examinations currently in progress.”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Bay Fund Depreciation $287005”

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IRS990/Desc0During 2001 the Foundation acquired two low-income multi-family rental housing projects located in Columbia, South Carolina. Ashton at Long Creek Apartments consists of 220 units and Stoney Creek Apartments consists of 196 units. During 2001 the Foundation also acquired a low-income multi-family project in Ft. Worth, Texas known as Manitoba Apartments (265 units).During 2002 the Foundation acquired a low-income multi-family project in Ft. Worth, Texas known as Quail Ridge Apartments (296 units), a HUD regulated low-income multi-family project in San Antonio, Texas known as The Waters at Elm Creek Apartments (200 units) and a HUD regulated low-income multi-family project in Austin, Texas known as The Waters at Bluff Springs Apartments (300 units).During 2003 the Foundation acquired fourteen (14) low-income multi-family projectsknown as Villas at Sonterra (156 units) in San Antonio, Texas, Silverleaf Villas (176 units - HUD regulated) in Ft. Worth, Texas, Arbors at Denton (191 units of student housing)in Denton, Texas, Arbors at Sam Houston (228 units of student housing) in Huntsville, Texas, Arbors at Sam Houston II (192 units of student housing) in Huntsville, Texas, Westfield Apartments (136 units of student housing) in San Marcos, Texas, Arrowood Apartments (304 units) in Houston, Texas, Waterchase Apartments (134 units) in Dallas, Texas, Redbud Trails Apartments (150 units) in McKinney, Texas, Stone Creek Apartments (200 units) in Lewisville, Texas, Tall Timbers Apartments (256 units) in Houston, Texas, Hillcrest Apartments (298 units) in Ft. Worth, Texas, Heather Ridge Apartments (204 units) in Irving, Texas and Covington Creek Apartments (248 units) in Irving, Texas. During 2005 the Foundation acquired eleven (11) low-income multi-family projects known as Brittany Bay Apartments (568 units) in Largo, Florida, Brampton Court Apartments (352 units) in Lauderhill, Florida, Mariners Pointe (368 units) in St. Petersburg, Florida, Village Lakes Apartments (228 units) in Sanford, Florida, Waterman's Crossing Apartments (403 units) in Tampa, Florida, Orleans Gardens (100 units) in Charleston, South Carolina, Palm House (155 units) in Ft. Worth, Texas, Parkview (60 units) in Beaufort, South Carolina, Roosevelt Gardens (200 units) in Orangeburg, South Carolina, Windover Palms (236 units) in Melbourne, Florida and Windover Oaks (238 units) in Titusville Florida. During 2012, the Foundation sold its ownership interest in Brampton Court Apartments to an unrelated third party.During 2012, the Foundation acquired land in Austin, TX. The Foundation serves as the .01% general partner in The Waters at Willow Run, LP, a LIHTC tax-exempt bond project consisting of 242 units. The project was completed and placed in service during 2016During 2014, the Foundation acquired land in Round Rock, TX. The Foundation serves as the .01% general partner in The Waters at Sunrise, LP, a LIHTC tax-exempt bond project consisting of 300 units. The project was completed and placed in service during 2016 and 2017.During 2014, the Foundation sold its ownership interest in Mariner's Pointe Apartments to an unrelated third party.During 2016, the Foundation sold Ashton to a related party. During 2016, the Foundation formed Waters at Longcreek, LP, a South Carolina Limited partnership to acquire and rehabilitate the property (formerly known as Ashton), using LIHTC tax-exempt bonds. The Foundation serves as the .01% general partner. During 2016, the Foundation sold Stoney to a related party. During 2016, the Foundation formed Waters at Berryhill, LP, a South Carolina Limited partnership to acquire and rehabilitate the property (formerly known as Stoney), using LIHTC tax-exempt bonds. The Foundation serves as the .01% general partner. During 2015, the Foundation acquired land in Lincolnville, SC. The Foundation serves as the .01% general partner in The Waters at Magnolia Bay, LP, a LIHTC tax-exempt bond project consisting of 300 units. The Project was completed and p
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt137856
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt148673
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15566
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Nguyen
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL FRENCH
IRS990/Form990PartVIISectionAGrp/PersonNm2Patricia Gulley
IRS990/Form990PartVIISectionAGrp/PersonNm3Amy Dodds
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD WHALEY
IRS990/Form990PartVIISectionAGrp/PersonNm5ALTON JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6Raj Menon
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Heard
IRS990/Form990PartVIISectionAGrp/PersonNm8Scottie Smith
IRS990/Form990PartVIISectionAGrp/PersonNm9Elizabeth W Snyder
IRS990/Form990PartVIISectionAGrp/PersonNm10Wilfredo F Saqueton
IRS990/Form990PartVIISectionAGrp/PersonNm11Kent Foster
IRS990/Form990PartVIISectionAGrp/PersonNm12Russell L Richardson
IRS990/Form990PartVIISectionAGrp/PersonNm13Debra A Manookian
IRS990/Form990PartVIISectionAGrp/PersonNm14Belinda Solis
IRS990/Form990PartVIISectionAGrp/PersonNm15Janine Krivejko
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN/EVP
IRS990/Form990PartVIISectionAGrp/TitleTxt2LOW INCOME REP
IRS990/Form990PartVIISectionAGrp/TitleTxt3LOW INCOME REP
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Low Income Rep
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Sec, Treas, CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11Dir of Dev and Acq
IRS990/Form990PartVIISectionAGrp/TitleTxt12Dir. of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt13Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt14Compliance Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt15Regional Manager
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IRS990/MissionDesc0To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt092493
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IRS990/OtherExpensesGrp/Desc2Property Utilities
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Filings

Displayed year

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

Open filing
Assets
$464,184,556
Liabilities
$589,990,872
Net assets
-$125,806,316
Revenue
$65,025,066
Expenses
$68,244,258
Net income
-$3,219,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$439$529$89.9$121$118$3.28
2023Detailed filing. Detailed filing data is available for this year.$528$626$97.8$101$112$11.4
2022Detailed filing. Detailed filing data is available for this year.$541$626$85.0$98.0$106$8.20
2021Detailed filing. Detailed filing data is available for this year.$500$577$76.9$104$103$0.75
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$524$601$77.5$149$94.0$54.6
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$554$686$132$101$96.8$4.33
2018Detailed filing. Detailed filing data is available for this year.$464$590$126$65.0$68.2$3.22
2017Detailed filing. Detailed filing data is available for this year.$236$358$122$86.0$67.9$18.1
2016Detailed filing. Detailed filing data is available for this year.$222$362$140$66.9$65.9$0.97
2015Detailed filing. Detailed filing data is available for this year.$224$364$141$62.4$64.4$2.06
2014Summary only. Only limited summary data is available for this year.$226$366$140$97.9$65.2$32.7
2013Summary only. Only limited summary data is available for this year.$242$418$176$63.9$69.5$5.61
2012Summary only. Only limited summary data is available for this year.$247$420$174$59.0$70.2$11.2
2011Summary only. Only limited summary data is available for this year.$260$424$165$52.6$68.8$16.2