Civic Intelligence

Foundation Properties Inc.

990 • Fiscal year 2014 • EIN 58-1940977

Aug 01, 2013 to Jul 31, 2014 • Filed on Jan 28, 2015

Organization Profilen/a
4225 University Avenue31907-5645

(706) 565-3640

Siviq Scores

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

Liabilities / Assets

86th percentile

0.84x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

12.74x

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

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

42nd percentile

2.3%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

25th percentile

-0.1%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-35%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$95,302,944

Down $110,998 (-0.1%) from 2013

Net Assets

Up

$15,625,249

Up $169,022 (+1.1%) from 2013

Liabilities

Down

$79,677,695

Down $280,020 (-0.4%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin42nd percentile

Revenue

Down

$6,251,798

Down $3,426,921 (-35%) from 2013

Expenses

Up

$6,110,224

Up $152,763 (+2.6%) from 2013

Net Income

Down

$141,574

Down $3,579,684 (-96%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$150M$100M$50M$0Assets 2011: $102,496,345Liabilities 2011: $90,439,363Net Assets 2011: $12,056,9822011Assets 2012: $100,940,839Liabilities 2012: $89,300,322Net Assets 2012: $11,640,5172012Assets 2013: $95,413,942Liabilities 2013: $79,957,715Net Assets 2013: $15,456,2272013Assets 2014: $95,302,944Liabilities 2014: $79,677,695Net Assets 2014: $15,625,2492014Assets 2015: $96,577,697Liabilities 2015: $73,479,612Net Assets 2015: $23,098,0852015Assets 2016: $111,152,471Liabilities 2016: $87,508,513Net Assets 2016: $23,643,9582016Assets 2017: $115,738,127Liabilities 2017: $91,733,660Net Assets 2017: $24,004,4672017Assets 2018: $114,321,353Liabilities 2018: $89,881,668Net Assets 2018: $24,439,6852018Assets 2019: $112,638,782Liabilities 2019: $87,007,389Net Assets 2019: $25,631,3932019Assets 2020: $108,758,689Liabilities 2020: $84,604,696Net Assets 2020: $24,153,9932020Assets 2021: $109,244,110Liabilities 2021: $84,897,977Net Assets 2021: $24,346,1332021Assets 2022: $80,383,881Liabilities 2022: $55,161,012Net Assets 2022: $25,222,8692022Assets 2023: $66,174,355Liabilities 2023: $40,999,008Net Assets 2023: $25,175,3472023Assets 2024: $37,846,619Liabilities 2024: $16,374,743Net Assets 2024: $21,471,8762024

Highlighted filing

2014

Assets$95,302,944
Liabilities$79,677,695
Net Assets$15,625,249
Open 2014 Filing

Operations Trend

Revenue Growth5th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,792,4492011Expenses 2012: $6,825,0742012Revenue 2013: $9,678,719Expenses 2013: $5,957,461Net Income 2013: $3,721,2582013Revenue 2014: $6,251,798Expenses 2014: $6,110,224Net Income 2014: $141,5742014Revenue 2015: $12,645,688Expenses 2015: $5,159,319Net Income 2015: $7,486,3692015Revenue 2016: $5,186,413Expenses 2016: $4,621,638Net Income 2016: $564,7752016Revenue 2017: $5,024,940Expenses 2017: $4,746,317Net Income 2017: $278,6232017Revenue 2018: $5,344,649Expenses 2018: $5,025,095Net Income 2018: $319,5542018Revenue 2019: $5,996,503Expenses 2019: $4,896,810Net Income 2019: $1,099,6932019Revenue 2020: $6,742,153Expenses 2020: $8,473,918Net Income 2020: -$1,731,7652020Revenue 2021: $5,922,881Expenses 2021: $6,468,382Net Income 2021: -$545,5012021Revenue 2022: $6,179,282Expenses 2022: $4,563,482Net Income 2022: $1,615,8002022Revenue 2023: $5,430,634Expenses 2023: $4,688,225Net Income 2023: $742,4092023Revenue 2024: $595,589Expenses 2024: $4,299,058Net Income 2024: -$3,703,4692024

Highlighted filing

2014

Revenue$6,251,798
Expenses$6,110,224
Net Income$141,574
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$7,779,216
Mission and Program Overview

Mission

The principle purpose of Foundation Properties, Inc. shall be to promote the cause of higher education at Columbus State University, a unit of the University System of Georgia located in Columbus, GA, specifically through the management of real property affiliated with the University, holding real property for future development by the University and holding investment property for the benefit of the University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$64,887,961$63,078,323▼ $1,809,638
Cash and Non-Interest-Bearing Accounts$3,887,182$3,330,511▼ $556,671
Savings and Temporary Cash Investments$1,765,916$2,709,147▲ $943,231
Pledges and Grants Receivable$2,135,487$2,066,148▼ $69,339
Investments in Publicly Traded Securities$1,164,988$1,713,845▲ $548,857
Accounts Receivable$422,105$477,861▲ $55,756
Prepaid Expenses and Deferred Charges$47,280$62,655▲ $15,375
Total Assets$95,413,942$95,302,944▼ $110,998
Other Assets Total$21,103,023$21,864,454▲ $761,431
Liabilities
Tax Exempt Bond Liabilities$63,128,898$61,158,898▼ $1,970,000
Accounts Payable and Accrued Expenses$15,886,159$17,725,019▲ $1,838,860
Deferred Revenue$532,242$531,486▼ $756
Other Liabilities$410,416$262,292▼ $148,124
Total Liabilities$79,957,715$79,677,695▼ $280,020
Net Assets / Fund Balance
Unrestricted Net Assets$15,456,227$15,625,249▲ $169,022
Total Net Assets Fund Balance$15,456,227$15,625,249▲ $169,022
Total Liabilities and Net Assets / Fund Balance$95,413,942$95,302,944▼ $110,998

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$46,910,778$19,577,638$66,488,416
Leasehold Improvements$8,094,038$3,639,876$11,733,914
Land$7,778,054-$7,778,054
Other Land Buildings$295,453$1,449,677$1,745,130
Equipment$0$7,422$7,422
Other Assets Org$920,557--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Bill ReavesChairperson
Mathews D SwiftVice Chair
Lynne PhillipsEx-Officio Trustee
Timothy S MesconEx-Officio Trustee
Chris ShadburnTrustee
James D YanceyTrustee
Jay AlexanderTrustee
Jim BuntinTrustee
Otis ScarboroughTrustee
H Lev NormanSecretary
Todd A SchusterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$540,000
Program Service Revenue
$5,791,616
Investment Income
$42,206
Other Revenue
$-122,024
All Other Contributions
$540,000
Change in Net Assets
$141,574

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$540,000Fair market value
Total Noncash Contributions1$540,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,947,017
Revenue Not Reported on Financial Statements
$304,781
Revenue Not Reported on Form 990
$595,701
Other Revenue Adjustments
$304,781
Total Revenue per Audited Statements
$6,542,718
Total Revenue per Form 990
$6,251,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,867,840
Salaries, Compensation, and Employee Benefits$242,384
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,358,130--$2,358,130
Interest$1,912,170--$1,912,170
All Other Expenses$101,380$103,439-$204,819
Other Expenses$99,095$9,269-$99,095
Current Officers, Directors, Trustees, and Key Employees-$80,574-$80,574
Other Salaries and Wages$18,672$52,671-$71,343
Payroll Taxes$787$58,112-$58,899
Other Employee Benefits$7,066$24,502-$31,568
Occupancy$28,855--$28,855
Fees for Services Accounting-$22,500-$22,500
Fees for Services Legal-$13,541-$13,541
Travel-$5,619-$5,619
Office Expenses$751$1,404-$2,155
Conferences and Meetings-$874-$874
Total Functional Expenses$5,737,719$372,505$0$6,110,224

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,373,696
Total Expenses per Form 990$6,110,224
Expenses per Audited Statements$5,805,441
Expenses Not Reported on Form 990$568,255
Expenses Not Reported on Financial Statements$304,783
Other Expense Adjustments$304,783
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
Accrued Taxes$180,590
Accrued Interest$79,191
Deposits$2,511

Bond Issues

BondIssuerIssuedIssue PricePurpose
D58-02018002010-02-01$18,975,000Uptown Student Housing
B58-02018002009-07-29$15,000,000Athletic Dorms and Cunningham Center
B58-02018002010-02-01$12,500,000Student Housing & Academic Facilities
C58-02018002009-07-29$11,500,000Rankin Center
A58-02018002006-02-09$9,180,000On-Campus Parking Deck
C58-02018002009-07-29$6,700,000Theater, Arts & Dance Building
A58-02018002009-07-29$6,220,000901 Limited Partnership Bond
D58-02018002009-07-29$1,330,000Facilities Financing Agreement

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
D$18,975,000--$672,471
B$15,000,000--$63,700
B$12,500,000--$597,363
C$11,500,000--$62,865
A$9,180,000--$410,535
C$6,700,000--$58,605
A$6,220,000--$95,885
D$1,330,000--$48,230

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
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
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, Section B, line 11

“The Controller e-mails a completed copy of the 990 to the members of the Board of Trustees for their personal review before the return is filed. Any questions or concerns are addressed by the Controller.”

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

“The board monitors the policy anually. If a member has a conflict of interest, they are requested to abstain from voting on the topic.”

Form 990, Part VI, Section B, line 15B

“Salaries are reviewed annually by the board.”

Form 990, Part VI, Section C, line 19

“The organization makes its information available to the public upon request.”

Filing and Contact Details

Filer

EIN
58-1940977
Phone
7065653640

Signing Officer

Name
Tom Helton
Title
Executive Director
Phone
7065653640
Signed
2015-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Helton
Formed
1988
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
9

Preparer

Preparer
Erica D Chestnutt
Phone
7064949630
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Rounding 2.”

Form 990, Part XI, line 2C

“There have been no changes in the process of overseeing the audit or selection of the auditor.”

Financial Statement Notes

Part X, Line 2:

“The Foundation has not identified any uncertainties with respect to income tax positions for the year ended July 31, 2014. Accordingly, no provision for interest or penalties related to unrecognized tax benefits has been made in the accompanying financial statements. In addition, the Foundation's information for 2011 - 2014 is eligible to be examined by the state and federal taxing jurisdictions to which it reports.”

Part XI, Line 2D - Other Adjustments:

“Rental expenses 568,255.”

Part XI, Line 4B - Other Adjustments:

“Account grouping differences 304,781.”

Part XII, Line 2D - Other Adjustments:

“Rental expenses 568,255.”

Part XII, Line 4B - Other Adjustments:

“Rounding 2. Account grouping differences 304,781.”

Raw XML AppendixShowing 400 of 833 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/InterestGrp/TotalAmt01912170
IRS990/InvestmentIncomeGrp/ExclusionAmt050418
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050418
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01164988
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01713845
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024674613
IRS990/LandBldgEquipBasisNetGrp/BOYAmt064887961
IRS990/LandBldgEquipBasisNetGrp/EOYAmt063078323
IRS990/LandBldgEquipCostOrOtherBssAmt087752936
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0116823
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0842340
IRS990/LessRentalExpensesGrp/RealAmt0568255
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The principle purpose of Foundation Properties, Inc. shall be to promote the cause of higher education at Columbus State University, a unit of the University System of Georgia located in Columbus, GA, specifically through the management of real property affiliated with the University, holding real property for future development by the University and holding investment property for the benefit of the University.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt015456227
IRS990/NetAssetsOrFundBalancesEOYAmt015625249
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8212
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8212
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-133414
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-133414
IRS990/NetUnrelatedBusTxblIncmAmt0-133414
IRS990/NetUnrlzdGainsLossesInvstAmt027446
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0540000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt028855
IRS990/OccupancyGrp/TotalAmt028855
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01404
IRS990/OfficeExpensesGrp/ProgramServicesAmt0751
IRS990/OfficeExpensesGrp/TotalAmt02155
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021103023
IRS990/OtherAssetsTotalGrp/EOYAmt021864454
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024502
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07066
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031568
IRS990/OtherExpensesGrp/Desc0Donations
IRS990/OtherExpensesGrp/Desc1Insurance
IRS990/OtherExpensesGrp/Desc2Taxes and Licenses
IRS990/OtherExpensesGrp/Desc3Repairs and Maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09269
IRS990/OtherExpensesGrp/ProgramServicesAmt0768024
IRS990/OtherExpensesGrp/ProgramServicesAmt1248203
IRS990/OtherExpensesGrp/ProgramServicesAmt2194586
IRS990/OtherExpensesGrp/ProgramServicesAmt399095
IRS990/OtherExpensesGrp/TotalAmt0768024
IRS990/OtherExpensesGrp/TotalAmt1257472
IRS990/OtherExpensesGrp/TotalAmt2194586
IRS990/OtherExpensesGrp/TotalAmt399095
IRS990/OtherLiabilitiesGrp/BOYAmt0410416
IRS990/OtherLiabilitiesGrp/EOYAmt0262292
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011390
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011390
IRS990/OtherRevenueTotalAmt011390
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052671
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018672
IRS990/OtherSalariesAndWagesGrp/TotalAmt071343
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt058112
IRS990/PayrollTaxesGrp/ProgramServicesAmt0787
IRS990/PayrollTaxesGrp/TotalAmt058899
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02135487
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02066148
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047280
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062655
IRS990/PrincipalOfficerNm0Tom Helton
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental of Real Property
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05791616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05791616
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Miscellaneous income primarily consisting of parking fees and application fees for student housing.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011390
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01192346
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02203360
IRS990/PYOtherExpensesAmt05393780
IRS990/PYOtherRevenueAmt0182961
IRS990/PYProgramServiceRevenueAmt06100052
IRS990/PYRevenuesLessExpensesAmt03721258
IRS990/PYSalariesCompEmpBnftPaidAmt0563681
IRS990/PYTotalExpensesAmt05957461
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09678719
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0141574
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-133414
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05791616
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01765916
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02709147
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0540000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01192346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt053292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01312275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03151550
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050418
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024671
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt030134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037547
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt027696
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0170466
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt029991114
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011390
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0322134
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0472329
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0514582
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0476779
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01797214
IRS990ScheduleA/PublicSupportCY170Pct00.61260
IRS990ScheduleA/PublicSupportPY170Pct00.47900
IRS990ScheduleA/PublicSupportTotal170Amt03151550
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0540000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01192346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt053292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01312275
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03151550
IRS990ScheduleA/TotalSupportAmt05144450
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt025220
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt025220
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/BookValueAmt046910778
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019577638
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt066488416
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07422
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07422
IRS990ScheduleD/ExpensesNotReportedAmt0568255
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0304783
IRS990ScheduleD/ExpensesSubtotalAmt05805441
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07778054
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07778054
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08094038
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03639876
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011733914
IRS990ScheduleD/NetUnrealizedGainsInvstAmt027446
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0777697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12444
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt220163756
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3920557
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Debt Issuance Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Property Held for Development
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Construction in Progress
IRS990ScheduleD/OtherExpensesIncludedAmt0568255
IRS990ScheduleD/OtherExpensesNotIncludedAmt0304783
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0295453
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01449677
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01745130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12511
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2180590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accrued Taxes
IRS990ScheduleD/OtherRevenueAmt0568255
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0304781
IRS990ScheduleD/RevenueNotReportedAmt0595701
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0304781
IRS990ScheduleD/RevenueSubtotalAmt05947017
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation has not identified any uncertainties with respect to income tax positions for the year ended July 31, 2014. Accordingly, no provision for interest or penalties related to unrecognized tax benefits has been made in the accompanying financial statements. In addition, the Foundation's information for 2011 - 2014 is eligible to be examined by the state and federal taxing jurisdictions to which it reports.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses 568,255.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Account grouping differences 304,781.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Rental expenses 568,255.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Rounding 2. Account grouping differences 304,781.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$95,302,944
Liabilities
$79,677,695
Net assets
$15,625,249
Revenue
$6,251,798
Expenses
$6,110,224
Net income
$141,574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.8$16.4$21.5$0.60$4.30$3.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.2$41.0$25.2$5.43$4.69$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.4$55.2$25.2$6.18$4.56$1.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$109$84.9$24.3$5.92$6.47$0.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$84.6$24.2$6.74$8.47$1.73
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$87.0$25.6$6.00$4.90$1.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$114$89.9$24.4$5.34$5.03$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$116$91.7$24.0$5.02$4.75$0.28
2016Detailed filing. Detailed filing data is available for this year.$111$87.5$23.6$5.19$4.62$0.56
2015Detailed filing. Detailed filing data is available for this year.$96.6$73.5$23.1$12.6$5.16$7.49
2014Detailed filing. Detailed filing data is available for this year.$95.3$79.7$15.6$6.25$6.11$0.14
2013Summary only. Only limited summary data is available for this year.$95.4$80.0$15.5$9.68$5.96$3.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$89.3$11.6$6.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$90.4$12.1$6.79
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